HomeMy WebLinkAboutResolution 2016-121 N.C.S. 08/01/2016Resolution No. 2016 -121 N.C.S.
of the City of Petaluma, California
RESOLUTION SETTING 2016 -2017 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 2016 -2017, 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 ,,Approval to
Council of the City of Petaluma at a Regular meeting on the I't day of August, { form: E
2016, by the following vote: `
City A orney
AYES: Albertson, Barrett, Mayor Glass, Healy, Kearney, Vice Mayor King, Miller
Resolution No. 2016 -121 N.C.S. Page 1
EXHIBIT A
CITY OF PETALUMA, CA
ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR
TAX ROLL YEAR 2016 -2017
*maximum 2016 -17
tax code threshold assessment
Assessment District # 23 80010 $ 8,800 $8,800
Redwood Business Park III
Assessment District # 24 76501 $ 12,800 5,532
Lakeville Highway Improvements
Assessment District # 25 92801 NA 3,995
McNear Landing
Total
$18,327
* The administrative fee is calculated at 3% of the annual debt service payments.
The maximum threshhold is the amount that the fee may not exceed
Resolution No. 2016 -121 N.C.S. Page 2