1997 AGN MAY 06 I08 - Laserfiche WebLink

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City of Colton AGENDA REPORT FOR COUNCIL MEETING OF MAY 2, 1997 TO: HONORABLE MAYOR AND CITY COUNCIL APPROVAL: MALIK D. FREEMAN, CITY MANAGER��- FROM: ANNA A. VEGA, FINANCE DIRECTOR SUBJECT: RESOLUTIONS FOR THE 1997- 98 FISCAL YEAR ASSESSMENT LEVY OF THE LANDSCAPE AND LIGHTING MAINTEANCE DISTRICT NO. 1 (LLMD NO. 1) DATE: APRIL 22, 1997 BACKGROUND The City Council previously formed a Landscape and Lighting Maintenance Assessment district. This formation was accomplished pursuant to the provisions of the Landscaping and Lighting Act of 1972, Part 2 of Division 15 of the Streets and Highways Code of California. This Act provides for the levy and collection of assessments by the County of San ,Bernardino for the City of Colton to pay the maintenance and services of lighting, landscaping, and all appurtenant facilities and operations related to the LLMD No. 1. The LLMD consists of 8 Zones of which five (5) Zones have an annual levy. The benefit Zones are Cooley Ranch (Zone '1), La Loma Hills (Zone 3), Old Colton (Zone 4), Reche Canyon (Zone 5) and West Valley (Zone 8). The improvements within the District include: turf, ground cover, street trees, irrigation systems, perimeter landscaping, slopes, open space, lighting systems and all necessary appurtenances. The costs associated with the improvements are equitably spread between all benefiting parcels within the Zones. Only parcels that receive direct benefit from the improvements are assessed. DISCUSSIONIANALYSIS Prior to a Public Hearing the Act requires that certain resolutions be adopted. The required resolutions are Initiating Proceedings for the Annual Levy of Assessments, Declaring Intention to Levy the Annual Assessment and Preliminary Approval of the ,Annual Levy Report. The Preliminary Report has been prepared by MuniFinancial; Inc. for the various LLMD Zones and is attached. The LLMD expenses have not increased and there are no additions to the District, therefore the report reflects the same budget and assessment as 1996-97. There are no recommended increases for 1997-98. Section 7 of the resolution Declaring Intention to Levy Annual Assessments gives notices that a Public Hearing regarding the LLMD will be held on Tuesday, June 17,1997. At this time the City Council will hear testimony regarding the Preliminary Report of revenue and expenditures contemplated for 1997-98. Item No. 8