View Agenda Item

Regular 6.

Regular City Council Meeting

Meeting Date:: 06/11/2012
TITLE: Public Hearing and Resolutions Setting Annual Assessments for Fiscal Year 2013
PRESENTED BY:: Patrick M Weber/ Finance Director
Department:: City Hall Administration

Presentation:

Information

PROBLEM/ISSUE STATEMENT

The following annual assessment resolutions have been completed by the Finance Division and the assessments are ready to be spread on the tax files.

Park Maintenance District
Light Maintenance District
Street Maintenance
Storm Sewer
Arterial Construction
Business Improvement District
Tourism Business Improvement District
Mill Levy Rates for General Fund, Transit, Library & Public Safety 1

These assessments will be listed as sub items under one agenda item. There will be one public hearing where anyone may speak about any of the assessments. After the public hearing is closed, the Council will need to take action on each individual assessment resolution. All assessments take a majority vote except for the Arterial Construction assessment. The Arterial Construction assessment takes a super-majority of Council of at least (2/3) of all Council members present and voting because the assessment rate is proposed to increase.

ALTERNATIVES ANALYZED

The Council must hold a public hearing and then may:

Approve the resolutions; or
Not approve the resolutions

FINANCIAL IMPACT

Park maintenance districts and light maintenance districts rates are calculated by estimating the expenses for maintenance and recovering actual expenditures. Street Maintenance District 1 fees will increase by 5%, and Street Maintenance District 2 fees will increase by 2.4% for FY13. Storm sewer and Arterial Fees will increase by 2.5 % for FY 2013. There is no change in the TBID rate per occupied Hotel/Motel room per night. The BID assessment for zone 1 has no rate increase for FY 2013. There are no mill increases in FY 2013 for General Fund, Transit, Library, and Public Safety 1 levies.

RECOMMENDATION

Staff recommends that one public hearing be held for all the assessments and that the City Council approve each individual resolution. The Arterial Construction resolution requires a super-majority (2/3) of Council members present and voting.

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