PUBLIC HEARING

HERMOSA BEACH LANDSCAPING AND STREET LIGHTING DISTRICT 1999-2000

Recommendation:

It is recommended that the City Council:

1. Conduct a Public Hearing in connection with the levy of assessments for fiscal year 1999-2000.

2. Adopt Resolution No. 99- , confirming the diagram and assessment for Hermosa Beach Landscaping & Street Lighting District 1999-2000 ("District") and levying an assessment for the fiscal year commencing July 1, 1999 and ending June 30, 2000.

Background:

As required by law, the following steps have been taken for the levy and collection of assessments for fiscal year 1999-2000 within the District:

1. March 9, 1999: The City Council adopted Resolution No. 99-5969 ordering the preparation of a report for the District.

2. April 23, 1999: 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 27, 1999: The City Council adopted Resolution No. 99-5978 approving the report of the Director of Public Works.

4. May 12, 1999: The City Council adopted Resolution No. 99-5979 setting June 8, 1999 at 7:30 p.m. as the date and time for a public hearing in order to accept public input on the District.

5. Notice of the public hearing was given by publishing Resolution No. 99-5979 in the Easy Reader and Daily Breeze.

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 1999-2000 is $41.45 per equivalent dwelling unit, the same equivalent dwelling unit rate as used in fiscal year 1998-1999 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 1999-2000 assessments will provide sufficient funds ($449,110) 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 1999-2000 fiscal year.

Alternatives:

Alternatives available to City Council are:

1. Approve Staff Recommendation.
2. Let the district lapse; thereby, causing a potential increase in General Fund obligations of $449,110; or
3. Levy an assessment at less than the proposed amount, thereby causing an increased General Fund obligation.

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