HomeMy WebLinkAbout2015-04-28 - AGENDA REPORTS - SMD 1 ANNEX NO. L-94 (2)All property owners will be mailed assessment ballots, which will be tabulated at the public
hearing held on June 23, 2015. Barring a majority protest at the public hearing, the City Council
will be asked to give final approval of the annexation at that time.
The annual levy of assessments for the above parcels is proposed to commence in Fiscal Year
2015-16 and will cover the anticipated maintenance costs associated with the annexation for
SMD No. 1.
The maximum annual assessment is adjusted annually according to the change in the Los
Angeles, Riverside, and Orange County areas Consumer Price Index ("CPI"), as determined by
the United States Department of Labor, Bureau of Labor Statistics. Annually, the City Council
will approve the actual assessment amount. The City Council may adopt a lesser assessment
amount but may not exceed the maximum annual assessment rate.
ALTERNATIVE ACTIONS
1. Do not annex the territories into Streetlight Maintenance District No. I .
2. Other action as determined by the City Council.
FISCAL IMPACT
There is no fiscal impact to the General Fund by this action.
ATTACHMENTS
Resolution to Initiate Annexation Proceedings for SMD No. I Annexation No. L-94
Project Locations
Annexation No. L-94 Engineer's Report
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