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HomeMy WebLinkAboutResolution 2007-128 N.C.S. 07/16/2007 Resolution No. 2007-128 N.C.S. of the City of Petaluma, California RESOLUTION SETTING ANNUAL ADMINISTRATIVE RATES FOR ASSESSMENT DISTRICTS WHEREAS, the City Council has heretofore confirmed as assessment for improvements in the Assessment Districts listed in the Attached Exhibit A, including a maximum annual assessment to reimburse the City for its 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 district listed in Exhibit A and shall be collected on the County tax roll for the fiscal year 2007-08, until changed by resolution of this City Council. 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 this annual assessment does not exceed the maximum annual assessment adopted in the engineer's report. The annual administrative assessment. is a reasonable estimate of 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 A ove as to Council of the City of Petaluma at a Regular meeting on the 16`h day of July, 2007, ~ orm~: by the following vote: City torney AYES: Barrett, Vice Mayor Nau, O'Brien, Mayor Torliatt NOES: None ABSENT: Harris, Rabbitt ,r ` ~J ABSTAIN: Freitas ~ / y _ f~~ ATTEST: City Clerk Ma~'or Resolution No. 2007-128 N:C.S. Page 1 EXHIBIT A CITY OF PETALUMA, CA ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR TAX ROLL YEAR 2007-08 Tax Roll Year Maximum 2007-08 Assessment Tax Annual Annual District Codes Assessment Assessment Assessment District #25 92800 N/A $3,921 Mc Near Landang Assessment District #23 80010 $8,800 $8,800 Redwood Business Park III Assessment District #24 76500 $12,800 $5,643 Lakeville Highway Improvements Total $18,364 Resolution No. 2007-128 N.C.S. Page 2