AGENDA TITLE:
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Adopt a Resolution Initiating Proceedings for the Levy and Collection of Assessments, a Resolution Approving the Annual Report, a Resolution Declaring the Intention to Levy and Collect Assessments for the Lodi Consolidated Landscape Maintenance Assessment District No. 2003-1 for Fiscal Year 2024/25, and Set Public Hearing on These Actions for June 5, 2024 (PW)
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MEETING DATE:
May 15, 2024
PREPARED BY:
Public Works Director
recommendation
RECOMMENDED ACTION:
Adopt a Resolution Initiating Proceedings for the Levy and Collection of Assessments, a Resolution Approving the Annual Report, a Resolution Declaring Intention to Levy and Collect Assessments for the Lodi Consolidated Landscape Maintenance Assessment District No. 2003-1 for Fiscal Year 2024/25, and Set Public Hearing on these actions for June 5, 2024.
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BACKGROUND INFORMATION:
Over the past 20 years, the City Council has formed a total of 16 zones of the Lodi Consolidated Landscape Maintenance Assessment District No. 2003-1 (“District”). The scope of maintenance activities funded by the District includes landscape and irrigation, masonry block walls, and street parkway trees. The activities and levy amounts vary by zone, as described in the City of Lodi, Lodi Consolidated Landscape Maintenance Assessment District No. 2003-1, Annual Report for Fiscal Year 2024/25 (“Report”). The Report includes diagrams of the District showing the area and properties proposed to be assessed, an assessment of the estimated costs of maintenance, operations, and servicing of improvements, and the net levy upon all assessable lots and/or parcels within the District. The Report is provided in Exhibit A and the District’s Fiscal Year 2024/25 budget is also provided in Exhibit B.
Over multiple years, the District account reserve funds have accumulated in excess of the required minimums. Thus, while District maintenance costs have increased from last year, staff recommends that the excess reserves be utilized to allow the individual zones and the total proposed District’s assessment in the Report for Fiscal Year 2024/25 to remain unchanged from Fiscal Year 2023/24.
Thus, staff recommends adopting 3 resolutions and holding a public hearing to move forward the proposed District assessments. These requested actions would include: adopting a resolution initiating proceeding for the levy and collection of assessments, adopting a resolution approving the annual report, adopting a resolution declaring intention to levy and collect assessments for the Lodi Consolidated Landscape Maintenance Assessment District No. 2003-1 for Fiscal Year 2024/25, and setting public hearing on the proposed District assessments for June 5, 2024.
STRATEGIC VISION:
5E. Infrastructure: Proactive infrastructure development for Sphere of influence & growth areas.
FISCAL IMPACT:
Funding for preparation of the annual report is included in the assessments.
FUNDING AVAILABLE:
Not Applicable.
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Charles E. Swimley
Public Works Director
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Andrew C. Keys
Interim City Manager