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CC - Approval of a Five-Year Professional Services Agreement with NBS, Inc. for Special Tax Administration Services Related to West Washington Assessment Districts Nos. 1 and 2 in an Aggregate Amount Not-to-Exceed $43,000.
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Meeting Date: March 26, 2018
Contact Person/Dept: Elaine Warner
Todd Tipton
Phone Number: (310) 253-5777
(310) 253-5783
Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X]
Public Hearing: [] Action Item: [] Attachments: Yes [] No [X]
Commission Action Required: Yes [] No [X]
Public Notification: (E-Mail) Meetings and Agendas - City Council (03/22/18)
Department Approval: Sol Blumenfeld, Community Development Director (03/21/18)
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RECOMMENDATION
Staff recommends the City Council approve a five-year professional services agreement with NBS Inc. ("NBS") for special tax administration services related to West Washington Assessment Districts No. 1 and 2 (Districts) in an aggregate amount not to exceed $43,000.
BACKGROUND
In December 2007, the former Culver City Redevelopment Agency approved an Area Improvement Plan (AIP) Program that included a phased installation of streetscape medians along West Washington Blvd. Phase I is between Wade Street and Beethoven Street and Phase II is between Boise Avenue and Centinela Avenue. The improvements were funded by the former Culver City Redevelopment Agency with on-going maintenance funded by adjacent property owners via the collection of an annual assessment (Assessment).
NBS assisted the City in forming the Districts and has since provided special tax administrative services, which ensure compliance with City and County regulations. These services include developing project schedules relative to the annual levy assessment, assuring completion of necessary actions/compliance with all associated statues, monitoring and updating information an...
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