Laserfiche WebLink
Page 2 <br />The Preliminary Report has been prepared by Muni Financial for the various LLMD. Zones <br />indicating the LLMD expenses have not increased and there are no additions to the District, <br />therefore, the report reflects the same budget and assessments as 2002/03 and there are no <br />recommended increases for 2003/2004. <br />Section 7 of the resolution Declaring Intention to Levy Annual Assessments gives notices that a <br />Public Hearing regarding the LLMD will be held on Tuesday, July 15, 2003 at 6:00 p.m. At this <br />time, the City Council will hear testimony regarding the Preliminary Report of revenue and <br />expenditures contemplated for the 2003/2004 LLMD. <br />On April l, 2003, the City Council approved an amendment to the Colton Municipal Code <br />increasing the powers and duties of the Community Facilities District Commission, (CFD), <br />specifically to include the City's two Landscape, Lighting and Maintenance Districts. The item <br />was then sent to the CFD Commission requesting their involvement in the review process. <br />Staff inet several times with the CFD Commission during their monthly meetings to explain the <br />inter-workings of the LLMD's and the proposed review process. On June 9, the CFD <br />Commission approved the request to annually review the LLMD Engineer's Reports. However, <br />they declined to complete a review this year as they wished additional time to obtain a better <br />working knowledge of the Districts themselves. <br />FINANCIAL IMPACT: <br />The District budget for 2003/2004 prepared by Muni Financial is outlined in the annual <br />Engineer's Report, which is on file in the Office of the City Clerk as prescribed by law. <br />ENVIRONMENTAL IMPACT: <br />None. <br />RECOMMENDATION: <br />Staff recommends that City Council adopt the following resolutions initiating proceedings for the <br />Colton Landscape and Lighting Maintenance Assessment District No. 1 for Fiscal Year <br />2003/2004, and setting July 15, 2003 as the Public Hearing Date to determine any protests. <br />Attachmen[s: �Phree (3) <br />REVIEW TEA� <br />City Attorney: <br />City Manager: \ � <br />Finance Director:��� ��;,__ <br />OTHER: <br />LLMD Agenda 0623/03 <br />