HomeMy WebLinkAboutResolution 2017-106 N.C.S. 07/17/2017Resolution No. 2017 -106 N.C.S.
of the City of Petaluma, California
RESOLUTION SETTING 2017 -2018
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 2017 -2018, 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 Approved as to
Council of the City of Petaluma at a Regular meeting on the 17th day of July, 2017, tA
by the following vote: ,- >
As�Aant City Attorney
AYES: Albertson, Vice Mayor Barrett, Mayor Glass, Healy, Kearney, King, Miller
Resolution No. 2017 -106 N.C.S. Page 1
EXHIBIT A
CITY OF PETALUIVIA, CA
ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR
TAX ROLL YEAR 2017 -2018
Total
* 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
$18,236
*maximum
2017 -18
tax code
threshold
assessment
Assessment District # 23
80010
$ 8,800
$800
Redwood Business Park III
Assessment District # 24
76501
$ 1200
5,554
Lakeville Highway Improvements
Assessment District # 25
92801
NA
302
McNear Landing
Total
* 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
$18,236