HomeMy WebLinkAboutResolutions 2011-117 N.C.S. 08/01/2011Resolution No. 2011-117 N.C.S.
of the City of Petaluma, California
SETTING 2011-2012 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 2011-2012, 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 t
Council of the City of Petaluma at a Regular meeting on the 1st day of August, fo
2011, by the following vote:
Assistant City Attorney
AYES: Albertson, Barrett, Mayor Glass, Harris, Vice Mayor Healy, Kearney, Renee
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: _ ,
City Clerk Mayor
Resolution No. 2011-117 N.C.S. Page 1
EXHIBIT A
CITY OF PETALUMA, CA
ANNUAL ASSESSMENT FOR ADMINISTRATIVE RATES FOR
TAX ROLL YEAR 2011-2012
* 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
The fees for AD 24 and AD 25 are based on a percentage of the debt service payment for the year and
therefore have increased very slightly (less than 1/10 of 1%) from the previous year. The fee for AD 23
remains the same from year to year.
Resolution No. 2011-117 N.C.S. Page 2
*maximum
2010-11
tax code
threshold
assessment
Assessment District # 23
80010
$ 8,800
$8,800
Redwood Business Park III
Assessment District # 24
76501
$ 12,800
$5,469
Lakeville Highway Improvements
Assessment District # 25
92801
NA
$4,028
McNear Landing
Total
$18,297
* 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
The fees for AD 24 and AD 25 are based on a percentage of the debt service payment for the year and
therefore have increased very slightly (less than 1/10 of 1%) from the previous year. The fee for AD 23
remains the same from year to year.
Resolution No. 2011-117 N.C.S. Page 2