HomeMy WebLinkAboutResolution 2014-136 N.C.S. 9/8/2014Resolution No. 2014-136 N.C.S.
of the City of Petaluma, California
SETTING 2014-2015 ANNUAL ASSESSMENT DISTRICT
ADMINISTRATIVE RATES
WHEREAS, the City Council has heretofore confirmed an assessment for
improvements in the assessment districts as listed in the attached Exhibit A, including a
maximum annual assessment to reimburse the City for costs in administering the assessments,
the funds derived therefrom and the bonds secured thereby; and,
WHEREAS, the annual assessment for administrative costs is hereby set for each
assessment district listed in Exhibit A, and shall be collected on the County tax roll for the fiscal
year 2014-2015, until changed by resolution of this City Council; and,
WHEREAS, the annual assessment shall be spread and applied to the assessed parcels
in the sante 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 �''yApproved to
Council of the City of Petaluma at a Regular meeting on the 8°' day of September. / I form.' t, j
2014, by the following vote: ��Il�^ �-�'X}
City Attorde—),
AYES: Albertson, Barrett, Mayor Glass, Harris, Healy. Vice Mayor Kearney, Miller
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk ayor
Resolution No. 2014-136 N.C.S. Page I
EXHIBIT A
CITY OF PETALUMA, CA
ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR
TAX ROLL YEAR 2014-2015
Total $18,109
The administrative fee is calculated at ')% of the annual debt service payments.
The maximum threshhold is the amount that the fee may not exceed
Resolution No. 2014-136 N.C.S. Page 2
*maximum
2014-15
tax code
threshold
assessment
Assessment District # 23
80010
$ 8,800
$8,800
Redwood Business Park III
Assessment District # 24
76501
$ 12,800
5,434
Lakeville Highway Improvements
Assessment District # 25
92801
NA
3,875
McNear Landing
Total $18,109
The administrative fee is calculated at ')% of the annual debt service payments.
The maximum threshhold is the amount that the fee may not exceed
Resolution No. 2014-136 N.C.S. Page 2