REPORT TO COUNCIL
SUBJECT
Title
Adoption of a Resolution of Intention for Maintenance District 183 - Santa Clara Convention Center Complex
Report
BACKGROUND
In April 1980, the City Council adopted an ordinance providing for an alternative method for annually fixing and levying a special benefit assessment for the maintenance districts in the City of Santa Clara. That ordinance, SCCC Section 16.10.490, was required because Proposition 13 prohibited the City from continuing its prior practice of assessing maintenance costs based upon assessed value. The ordinance requires that a report be prepared each year for each maintenance district, setting forth the budget for the ensuing year, the formula for the annual assessment levy, and a description of each property, including the amount of assessment to be levied against each lot.
The original lease agreements between the Redevelopment Agency of the City of Santa Clara, Santa Clara Convention Hotel Limited Partnership (Hotel), and SCCC Associates II (Techmart) provided for the formation of the District. These agreements also served to apportion the funds necessary to maintain and operate the common improvements serving the Convention Center, Hotel, and Techmart. Hudson Techmart Commerce Center L.L.C currently owns Techmart, Hyatt Regency Santa Clara is the current Hotel owner, and the Convention Center building is owned by the City of Santa Clara. Each of these three parties is responsible for a share of the FY 2018/19 maintenance assessment, set by the annual budget.
DISCUSSION
For Maintenance District 183, the annual assessment maintains common improvements including, but not limited to, surface and structural (parking garage) parking areas, landscaping, roadway, pedestrian bridges, space frames, and lighting. In addition to the costs of maintaining and operating the common improvements, the proposed total cost includes expenses relating to the City's cost to administer the District, insurance and utilities...
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