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HomeMy WebLinkAbout Item F4, F AGENDA REPORT DATE: April 8, 2002 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Pamela Arends -King, Director of Administrative Services/Treasurer SUBJECT: Administration for the Street Lighting Maintenance District No. 1 SUMMARY OF REOUEST: Staff requests City Council approve a proposal for Special District Administration of the Street Lighting Maintenance District No. 1 for Fiscal Year 2002/03. BACKGROUND: Since the inception of the Street Lighting Maintenance District No. 1, MuniFinancial, a Willdan Company has served as the administrator. Approval of this proposal will provide continuity in administration for this special district. The 2002 /03 Annual Levy of Assessment for the Street Lighting Maintenance District No. 1 will proceed as in years' past. MuniFinancial will review appropriations, compute the assessment for each parcel, prepare the Engineer's Report, attend the council meeting and public hearing and place assessment on the County's Assessor's Roll. FISCAL IMPACT: MuniFinancial propose a lump sum fee of $9,500 payable quarterly on a percentage completion basis as the work progresses. This fee is $474 less than the prior fiscal year fees. The fees do not impact the General Fund because they are assessed to each parcel. Agenda Item � ' I RECOMMENDATION: Approve the proposal to provide Special District Administration for the Street Lighting Maintenance District No. 1. Pamela Arends -King Director of Administrative Services/Treasurer