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HomeMy WebLinkAboutCC RES 01-048RESOLUTION NO. 01-48 DESCRIBING PROPOSED IMPROVEMENTS AND SERVICES AND APPROVAL OF THE PRELIMINARY MANAGEMENT DISTRICT PLAN REGARDING THE PROPOSED FORMATION OF THE PRESIDENT'S PLAZA III BUSINESS IMPROVEMENT DISTRICT, AND THE LEVY AND COLLECTION OF ASSESSMENTS, PURSUANT TO THE PROVISIONS OF PART 7 OF DIVISION 18 OF THE CALIFORNIA STREETS AND HIGHWAYS CODE The City Council of the City of Palm Desert, California (hereafter referred to as the "City Council") does resolve as follows: WHEREAS, The City Council pursuant to the provisions of the Property and Business Improvement District Law of 1994, Part 7 of Division 18 of the Streets and Highways Code of California (hereafter referred to as the "Act"), did by previous Resolution, initiate proceedings`fbrAthe formation of the President's Plaza III Property and Business Improvement District (hereafter referred to as the "District"), pursuant to the provisions of the Act, and did order the preparation of a Management District Plan for said District, and WHEREAS, The City Council has retained MuniFinancial, for the purpose of assisting with the formation of the District and establishment of the assessments, and to prepare and file a Management District Plan with the City Clerk in accordance with the Act; and in accordance with the requirements of the California Constitution, Articles XIIIC and XIIID, and WHEREAS, MuniFinancial has presented to the City Council the Preliminary Management District Plan, which is incorporated herein by reference, and WHEREAS, The City Council has carefully examined and reviewed the Preliminary Management District Plan as presented, and is satisfied with the District, each and all of the budget items and documents as set forth therein, and is satisfied that the assessments have been spread in accordance with the special benefits received from the improvements, operation, maintenance and services to be performed within the District, as set forth; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM DESERT DOES HEREBY RESOLVE AS FOLLOWS: 1. The above recitals are true and correct. 2. That the Management District Plan as presented, and consisting of the following: A. A Description of Improvements and services to be provided by the District 1 RESOLUTION NO. 01-48 B. The Annual Budget (Estimates of Costs and Expenses of Services, Operations and Maintenance); C. The District Roll containing the Levy of Assessments for each Assessor Parcel within the District; and, D. A Preliminary Boundary Map for the boundaries of the District. The foregoing Resolution 01-48 was passed and adopted by the City Council of the City of Palm Desert on the 12th day of April , 2001, by the following vote: AYES: BENSON, CRITES, KELLY, SPIEGEL NOES: NONE ABSENT: NONE ABSTAIN: FERGUSON ATTEST: SHF,ILA K. GI‘L-rIGAN, City of Palm Desert TY CLERK 2