Regular 3.
Regular City Council Meeting
- Meeting Date:
- 09/11/2017
- TITLE
- Resolutions to Amend Boundaries of SILMD 217 and SILMD 152
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
No
PROBLEM/ISSUE STATEMENT
When SILMDs 321 and 322 were created in 2016, portions of properties contained in the districts were also included in SILMD 217 and 152 and must now be removed from those districts. Because the change in the SILMD assessment is less than 3%, a modification to the boundaries can be made by City Council via amendment resolution without a public hearing or re-creation of the SILMD.
ALTERNATIVES ANALYZED
City Council may:
- Approve the resolution to amend the boundaries of SILMDs 152 and 217, or;
- Disapprove the resolution to amend the boundaries. If the boundaries are not amended, several lots will be charged for light districts with no benefit.
FINANCIAL IMPACT
There is a less than 3% financial impact to the existing properties within SILMDs 152 and 217. There is no financial impact to the city.
RECOMMENDATION
Staff recommends that City Council approve the resolution to amend the boundaries of SILMDs 152 and 217.