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HomeMy WebLinkAboutResolution 2013-135 N.C.S. 10/7/2013 Resolution No. 2013-13.5 N.C.S. of the City of Petaluma, California SETTING 2013-2014 ANNUAL ASSESSMENT DISTRICT ADMINISTRATIVE RATES WHEREAS, the City Council has heretofore confirmed as assessment for improvements in the assessment districts the assessments listed in the attached Exhibit A, including a maximum annual assessment to reimburse the City for costs in administering the assessments, the-funds derived there from and the bonds secured thereby; and, WHEREAS, the annual assessment for administrative costs is hereby set for each assessment districted listed in Exhibit A, and shall be collected on the County tax roll for the fiscal year 2013-2014, until changed by resolution of this City Council; and, WHEREAS, the annual assessment shall be spread and applied to the assessed parcels in the same manner as the original assessment. NOW, THEREFORE BE IT RESOLVED, that the City Council finds that the total annual assessment for each Assessment District listed in Exhibit A, including the Assessment District administrative fees adopted by this resolution does not exceed the maximum annual assessment adopted in the engineer's report for each such Assessment District, and that the annual administrative assessment is a reasonable estimate of the administrative costs to be incurred. Under-the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Appr ed as to Council of the City of Petaluma at a Regular meeting on the 7'h day of October. 2013,by the following vote: City Attor AYES: Barrett, Mayor Glass, Harris.Healy, Kearney, Miller v NOES: None ABSENT: Vice Mayor Albertson 1:::::: None `-(2a ;� City Clerk Mayor Resolution No. 2013-135 N.C.S. Page 1 Exhibit A CITY OF PETALUMA, CA ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR TAX ROLL YEAR 2013-2014 tax code *maximum 2013-14 threshold assessment Assessment District # 23: 80010 $8,800 $8,800 Redwood Business Park III Assessment District# 24: 76501 $12,800 $5,489 Lakeville Highway Improvements Assessment District # 25: 92801 NA $3,937 McNear Landing Total $18,226 * The administrative fee is calculated at 3% of the annual debt service payments. The maximum threshold is the amount that the fee may not exceed Resolution No. 2013-135 N.C.S. Page 2