Title
Adopt Two Resolutions: 1) Accept the Engineer's Report for Fiscal Year 2024-2025 for the Heron Bay Maintenance Assessment District, Assessment District No. 96-3; and
2) Order the Levy and Collection of Assessments Within the Heron Bay Maintenance Assessment District; Assessment District No. 96-3 for Fiscal Year 2024-2025
Staffreport
COUNCIL PRIORITY
* Infrastructure
* Sustainability & Resiliency
* Fiscal Sustainability and Transparency
SUMMARY
The Heron Bay Maintenance Assessment District provides funding for the on-going maintenance of public facilities at the Heron Bay development and the Shoreline area. The Annual Engineer's Report summarizes the expenses for the previous fiscal year and recommends assessment amounts for the upcoming fiscal year to continue funding the District. The proposed assessment for Fiscal Year (FY) 2024-2025 is 100% of the maximum allowed by the District including an additional assessment for the reserve fund.
RECOMMENDATIONS
Staff recommends adopting the resolutions to:
* Accept the Annual Engineer's Report for FY 2024-2025; and
* Order the levy and collection of assessments for the Heron Bay Maintenance Assessment District, Assessment District No. 96-3
BACKGROUND
At its regular meeting on June 17, 1996, the City Council adopted Resolution No. 96-118 establishing the Heron Bay Maintenance Assessment District (District) and subsequently approving a yearly assessment and levy. The District provides funding for the on-going maintenance of certain public facilities constructed as part of the Heron Bay development, including landscaping, storm water facilities, marshlands, and trail areas at the westerly end of Lewelling Boulevard.
Willdan Financial Services (Willdan) is currently retained as the Engineer-of-Work and has prepared the Annual Engineer's Report for FY 2024-2025 as well as the associated Assessment Roll for FY 2024-2025. A copy of the Engineer's Report is attached to the Resolution accepting the Engineer'...
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