REPORT TO COUNCIL
SUBJECT
Title
Public Hearing: Adoption of a Resolution Overruling Protests and Ordering that the Alternative Method for the Levy of Benefit Assessment be Made Applicable to the City of Santa Clara Parking Maintenance District No. 122 - Franklin Square
Report
BACKGROUND
Parking Maintenance District No. 122 - Franklin Square (PMD No. 122) was formed in 1965 to maintain parking lots, arcade, fountains, sidewalk, landscaping, irrigation, lights and utilities within Franklin Square, which is bounded by Benton Street, Homestead Road (formerly known as Liberty Street), Monroe Street, and Jackson Street. In 2002, the City Council passed a motion at a public hearing in which the City assumed all future costs for operation and maintenance. The property owners would contribute a total of $14,200 annually to pay for capital repairs of the parking lot and associated walkways, minus the earned interest on the accumulation balance.
DISCUSSION
On April 24, 2018, Council adopted Resolution 18-8512 related to the proposed maintenance assessments for PMD No. 122. In addition, the Resolution established June 12, 2018 as the date that City Council would hear testimony and act upon the attached Resolution (Attachment 1) and Director's Report (Attachment 2).
The final recommended operating budget is $355,542. This operating budget includes funding for routine maintenance and operation performed by the Public Works Department in the amount of $175,542 that is funded by the General Fund. Capital outlay in the amount of $180,000 that is funded by the property owner assessments is being budgeted to repair asphalt concrete failures, place slurry seal, and stripe the parking lots.
Proposition 218 requires that written ballots be sent and returned if there are proposed increases greater than any previously approved assessments. Since the proposed assessments of $12,021 ($14,200 minus $2,179 interest) for FY 2018/19 are less than the greatest previously approved ...
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