Public Hearing to Consider Adoption of Resolution Approving the Engineer's Report, Confirming Diagram and Assessment, and Ordering the Levy of Assessments, Maintenance Assessment District 01-01 (Marina Cove). (Public Works 276)
E public came to consider adoption of resolution approving the engineer's report, confirming diagram and assessment and ordering the levy of assessments. Maintenance Assessment District A1. A1. Marina Cove. Hello again, Madam Mayor, and members of the City Council. I'm Liz Acord, management analyst with the Public Works Department. This item requests that council hold a public hearing and then approve the engineer's report, confirming the diagram and assessment and ordering the levy of assessments for the Marina Cove Maintenance Assessment District. This is the last step in the routine legal process we go through each year to collect assessments for the district. Marina Cove has been an assessment district since its formation in 2002. It is approximately 83 homes in a park, and this assessment district helps fund the maintenance of the city park as well as sidewalk and landscaping maintenance . We recommend the Consumer Price Index increase of 2.53%, as is authorized without a majority vote of the property owners. Request that council adopt the resolution approving the engineer's report, confirming the diagram and assessment, and ordering the levy of assessments for the Marina Cove maintenance assessment districts. My report is complete and I'm available for any questions. Any questions? Member Ashcraft to I just look like I have a question in the areas. So I thank you again, Mr. Corey. One of the things I noted that I think is a positive in this one is that in this year there is no allocation from fund reserves to cover expenses above the current year budget. And then in coming years, because with Marina Cove phase two coming online, that will bring in additional assessments. So there is potential for additional reserve collection or reduced assessments, right? Correct. The Marina Cove two communities facilities district does cover park maintenance with this assessment district. So there is potential for the assessment to decrease or a further allocation to reserves. Okay. And just for context, this Marina Cove development is right across Stratus, right across the street from where we just did the groundbreaking recently for the new fire station in emergency operations center. Right. Right. Right. Do we have speakers on this one? I don't know if. Any other comments. We have a motion. I'll move approval of this resolution, approving the engineer's report and confirming diagram and assessment in ordering levee of assessments. Maintenance Assessment District 01-01 Marina Cove that can. Any comments? All those in favor. I motion passes unanimously. Thank you. Six f. This is a public hearing to determine the election results for and against a proposed assessment increase for the island, city, city landscaping and lighting District 84 to Zone four, an adoption of resolution imposing the appropriate assessment of light in the election results.