HomeMy WebLinkAboutCC AG PKT 2005-11-14 #G •
AGENDA REPORT
DATE: November 14, 2005
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Dennis Miura, Interim Director of Administrative Services/Treasurer
SUBJECT: Approve Renewal Agreement for Professional Services with
MuniFinancial to provide Administration Services for Various Special
Districts.
Summary of Request:
Staff requests City Council approve the renewal agreement to provide Special District
Administration Services for the Street Lighting District No. 1, the Community Facilities
District No. 2002 -02 (Seal Beach Boulevard/Lampson Avenue Landscape Maintenance)
and the Surfside Colony Reassessment District for fiscal years 2006/2007 through
2008/2009 and adopt Resolution 5,./O approving the renewal agreement.
Background:
Since the creation of these special districts, MuniFinancial has served as the
administrator. Approval of this renewal agreement will provide continuity in the
administration of these special districts.
As described in Exhibit A of the Agreement for Professional Services, MuniFinancial
will provide the following services:
Surfside Colony Reassessment District No. 2000 -1:
• Determine the amount of assessments to collect for each fiscal
year, calculate the annual assessment for each parcel within the
District and place the assessment on the County Assessor Roll.
• Update and track bond fund balances and provide the City with the
Fund Activity and Balance Report.
• Complete the annual filing requirements as prescribed by Revenue
and Taxation Code Section 163.
• Agenda G
MuniFinancial Contract renewal Page 2 of 3
Community Facilities District No. 2002 -02 (Seal Beach Boulevard/Lampson
Avenue Landscape Maintenance):
• Maintain and periodically update an electronic database containing
parcel basis data and annual Special Tax levy amounts by
Assessor's Parcel Number.
• Annually calculate and apportion the Special Taxes as specified in
the Rate and Method of Apportionment.
• Prepare annual resolutions that establish the budget for each fiscal
year and application of the Special Tax to be submitted to the
County and provide Special Tax levies for each parcel by
Assessor's Parcel Number in a form required by the Assessor for
placement on the annual tax roll.
• Monitor delinquencies and submit periodic reports to the City.
MuniFinancial may at the discretion of the City provide collection
services for delinquent tax bills.
• Prepare numerous annual reports as required by the California
Debt and Investment Advisory Board (CDIAC) and the California
Government Code.
Street Lighting District No. 1
• Review parcel information from the County Assessor to determine
parcel changes and associated parcel factors, calculate the
assessment for each parcel by using the existing Method of
Assessment and calculate the high and low assessments by land
use for each zone.
•
• Prepare the engineer's report and prepare and submit the annual
assessment roll in a manner acceptable to the County Assessor.
MuniFinancial will be available to provide information to affected property owners, the
City and County staff and all other interested parties. MuniFinancial will also be
available to attend City Council Meetings and respond to property owner questions at
public hearings as requested.
Fiscal Impact:
MuniFinancial proposes a lump sum fee of $18,700 for each fiscal year payable monthly
based on a percentage completion basis as the work progresses as per Exhibit B.
MuniFinancial proposes to leave the annual fee constant during the duration of this
•
Id MuniFinancial Contract renewal Page 3 of 3
contract. The fees do not impact the General Fund because they are assessed to each
parcel.
Recommendation:
Approve the Renewal Agreement with MuniFinancial to provide Administration Services
for the Community Facilities District No. 2002 -02 (Seal Beach Boulevard/Lampson
Avenue Landscape Maintenance), the Surfside Colony Reassessment District No. 2000 -1
and the Street Lighting District No. 1 and authorize the City Manager to sign the
agreement on behalf of the City Council and adopt Resolution 11-,M approving the
✓ J
renewal agreement.
d e,,,A. rA7,,,,,,,_
Dennis Miura
Int-: m P - ctor of Adm ' rative Services/Treasurer
I f ..,____
. , 40 ,,,,,, B. Bahorski
y Manager
RESOLUTION NUMBER 09
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL
BEACH APPROVING A RENEWAL AGREEMENT WITH
MUNIFINANCIAL TO PROVIDE ADMINISTRATION SERVICES FOR
VARIOUS SPECIAL DISTRICTS
The City Council of the City of Seal Beach hereby resolves as follows:
SECTION 1. The City Council hereby approves a renewal agreement with
MuniFinancial to provide administration services for the Surfside Colony Reassessment
District No. 2000 -1, Community Facilities District No. 2002 -02 (Seal Beach
Boulevard/Lampson Avenue Landscape Maintenance) and the Street Lighting District
No. 1 for fiscal years 2006/2007 through 2008/2009.
SECTION 2. The Council hereby directs the City Manager to execute the
Amendment on behalf of the City.
SECTION 3. The City Clerk shall certify to the passage and adoption of this
resolution.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal
Beach this 14 day of November 2005 by the following vote:
AYES: Council Members
NOES: Council Members
ABSENT: Council Members
ABSTAIN: Council Members
Mayor
ATTEST:
City Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that
the foregoing Resolution is the original copy of Resolution Number on file
in the office of the City Clerk, passed, approved, and adopted by the City Council of the
City of Seal Beach at a meeting thereof held on the 14 day of November 2005.
City Clerk
MuniFinancial Reso