HomeMy WebLinkAboutResolution 2012-143 N.C.S. 10/1/2012 Resolution No. 2012-143 N.C.S.
of the City of Petaluma, California
SETTING 2012-2013 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 2012-2013, 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 Charier of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the ppr A ved as to
Council of the City of Petaluma at a Regular meeting on the 10 day of October, rim:
2012,by the following vote:
rgy A ttorney
AYES: Mayor Glass,Harris, Healy, Kearney, Vice Mayor Ren€e
NOES: None
ABSENT: Albertson, Barrett
ABSTAIN: None J•
ATTEST: 1i_ /
City Clerk 4Mayor
Resolution No.2012-143 N.C.S. Page 1
EXHIBIT A
City of Petaluma, California
Annual Assessment for Administrative Rates
For Tax Roll Year 2012-2013
Tax Code *Maximum 2012-2013
Threshold Assessment
Assessment District#23
Redwood Business Park III 80010 $ 8,800 $ 8,800
Assessment District#24
Lakeville Highway Improvements 76501 $12,800 $ 5,572
Assessment District#25
McNear Landing 92801 NA $ 3,989
TOTAL $18,361
*The administrative fee is calculated at 3% of the annual debt service payments. The maximum
threshold is the amount that the fee may not exceed.
Resolution No.2012-143 N.C.S. Page 2