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Regular   8.
Regular City Council Meeting
Meeting Date:
06/27/2011
TITLE
Resolution Approving FY2012 Arterial Construction Fees
PRESENTED BY:
Patrick M. Weber, Financial Services Manager
Department:
City Hall Administration
Presentation:

PROBLEM/ISSUE STATEMENT

The following annual assessment resolution for Arterial Construction has been completed by the Finance Division, and the assessment is ready to be spread on the tax files.

The Artierial Construction resolution requires a (2/3) vote for passage of all Council members present and voting.

ALTERNATIVES ANALYZED

The Council may:
  •   Approve the resolution: or
  •   Not approve the resolution,

FINANCIAL IMPACT

The Arterial Fees will increase by 2.5% for FY 2012.

RECOMMENDATION

Staff recommends approval of the proposed Arterial Constructions Fees.  The Artierial Construction resolution requires a (2/3) vote for passage of all Council members present and voting.

APPROVED BY CITY ADMINISTRATOR

Attachments