On March 10, 2016, the Main Street Commission reviewed and recommended approval of the MSAD budget for the FY 2016-17.  Assessments will remain unchanged for FY 2016-17 and will total $26,700, with a beginning fund balance of $46,798.  Expenditures are estimated to be $38,382.  There are no major improvements scheduled and all maintenance activities, such as, street cleaning and landscape maintenance remain the same. 

On May 24, 2016, City Council adopted Resolution Nos. 9263-16, 9264-16, and 9365-16, which in general, described the proposed improvements, directed the City Engineer to prepare and file an Engineer’s Report, and stated the intention to levy and collect assessments for FY16-17, setting the public hearing date for June 14, 2016.

These proceedings and the notification regarding the levying of an annual assessment have been followed in accordance to the Landscaping and Lighting Act of 1972.  The remaining action for the City Council is to hold the public hearing and, after conducting the hearing, adopt the proposed resolution establishing the assessments for the Fiscal Year 2016-17.

There is no impact to the General Fund. The City will collect $26,700 in assessment revenues for the Main Street Assessment District No. 1.

Staff recommends that the City Council:

• Conduct the Public Hearing for the proposed annual levy of assessments;

• Receive the report of the City Clerk regarding protests received; and

• Assuming there is no majority protest, adopt the Resolution confirming the proceedings and levying assessments against the individual parcels in Main Street Assessment District No. 1.

By: Ana V. Neal, Senior Administrative Analyst