HomeMy WebLinkAboutCC AG PKT 2004-05-24 #W AGENDA REPORT ° 4 d /,
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DATE: May 24, 2004 . a
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TO: Honorable Mayor and City Council "41 6/
THRU: John B. Bahorski, City Manager <<
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: Street Lighting Assessment District
SUMMARY OF REQUEST:
That Council adopts the attached resolutions initiating the annual levy of street lighting
assessment, approving the Engineer's Report and setting the date for the public hearing for June
28, 2004.
BACKGROUND:
As in past years, the City contracted with MuniFinancial to develop a proposal to initiate an
annual levy of assessments for the Street Lighting Assessment District for fiscal year 2004/05.
Under the provisions of the "Landscaping and Lighting Act of 1972," (Part 2 of Division 15 of
the Streets and Highways Code of the State of California), the three resolutions on tonight's
agenda are required steps to begin the process and must be passed in order to set the public
hearing date. In the Engineer's Report prepared by MuniFinancial are the plans and
specifications for the improvements, an estimate of the cost for the improvements, a diagram of
the assessment district and an assessment of the estimated cost of the improvements.
Upon conclusion of the public hearing, Council may adopt a resolution confirming the diagram
and assessment either as originally proposed or as modified by Council. The adoption of the
resolution shall constitute the levy of an assessment for the fiscal year referred to in the
assessment.
The assessment for each parcel of property in the district is based upon the benefit derived from
street lighting. Total estimated costs for providing street lighting for 2004/05 is $237,375, which
includes utility costs of $135,500, maintenance cost (removal, repairs, and replacements) of
$13,250, assessment engineer costs of $9,500, and a reserve fund of $79,125. At the end of June
30, 2004 estimated surplus for the assessment district is $116,696, therefore to cover the fiscal
year 2004/2005 expenditures and the 50% reserve, the total revenues needed are $145,000.
Agenda Itemlit
May 24, 2004
Street Lighting Assessment District
Revenues will be generated by the assessment of $144,545. A comparison of the last two - year's
assessments to the proposed assessment for certain parcels is summarized in the following table:
2002 - 03 2003 - 04 2004 - 05
Zone 1 Single family homes in College
Park East & West, the Hill & Cove Areas $21.86 $21.86 $21.86
Zone 2 Single family homes in Old Town $11.26 $11.26 $11.26
Zone 3 Leisure World Condominiums $ 1.21 $ 1.21 $ 1.21
Zone 4 Surfside $ 4.15 $ 4.15 $ 4.15
Exhibit B -1 of the Engineer's Report to this report gives additional examples of assessment
amounts by land use and zone for FY 2004/05.
If the resolutions initiating the proceedings, approving the Engineer's report and setting the
public hearing are adopted, the following schedule of events must occur in order to establish the
assessments for next fiscal year.
DATE
May 24 City Council adopts resolution initiating proceedings, approving Engineer's
report, adopts resolution of intention and set date for public hearing for June 28,
2004.
June 24 Hold public hearing, consider protests, adopt resolution confirming diagram and
assessment.
July 19 File diagram and assessment with County Auditor.
August 9 Make necessary corrections to assessment roll for County Assessor.
FISCAL IMPACT:
There is no fiscal impact to the General Fund
RECOMMENDATION:
Adopt the attached resolutions to 1) initiating assessment proceedings, 2) approving Engineer's
report and 3) declaring intention to assess and set public hearing date.
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• •
May 24, 2004
Street Lighting Assessment District
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Pamela Arends-King
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Director of Administrative Services
John B. B orski
City Ma ager
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