HERMOSA BEACH LANDSCAPING AND STREET LIGHTING DISTRICT 2000-2001

 

Recommendation :

It is recommended that the City Council:

1. Conduct a Public Hearing in connection with the levy of assessments for fiscal year 2000-2001.
2. Adopt Resolution No. 00- , confirming the diagram and assessment for Hermosa Beach Landscaping & Street Lighting District 2000-2001 ("District") and levying an assessment for the fiscal year commencing July 1, 2000 and ending June 30, 2001.

 

Background:

As required by law, the following steps have been taken for the levy and collection of assessments for fiscal year 2000-2001 within the District:

1. March 14, 2000: The City Council adopted Resolution No. 00-6050 ordering the preparation of a report for the District.
2. April 18, 2000: The Director of Public Works filed with the City Clerk the report consisting of, among other things, the assessment diagram and assessment roll for the District.
3. April 25, 2000: The City Council adopted Resolution No. 00-6055 approving the report of the Director of Public Works.
4. April 25, 2000: The City Council adopted Resolution No. 00-6056 setting June 13, 2000 at 7:30 p.m. as the date and time for a public hearing in order to accept public input on the District.
5. May 4, 2000: Notice of the Public Hearing was given by publishing Resolution No. 00-6056 in the Easy Reader.

 

Analysis :

The District assessment funds the cost of maintaining and operating street lights, traffic signals and landscaping which is located within parkways or medians. The proposed assessment rate for fiscal year 2000-2001 is $41.45 per equivalent dwelling unit, the same equivalent dwelling unit rate as used in fiscal year 1999-2000 to finance those improvements. The assessment is based on the actual number of dwelling units that are on a property (or their equivalent for vacant and commercial properties).

The fiscal year 2000-2001 assessments will provide sufficient funds ($451,888) to continue the operation and maintenance of the City's street lighting system and landscaping in and along the City's streets and sidewalks for one year. Adoption of the attached resolution constitutes the levy of an assessment for the 2000-2001 fiscal year.

 

Alternatives :

1. Approve Staff’s recommendation.
2. Let the District lapse; thereby, causing a potential increase in General Fund obligations of $451,888 or
3. Levy an assessment at less than the proposed amount, thereby causing an increased General Fund obligation.

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