HomeMy WebLinkAboutCC RES 03-007RESOLUTION NO. 03-7
INITIATING PROCEEDINGS FOR THE FORMATION OF THE PRESIDENT'S
PLAZA I PROPERTY AND 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 desires to initiate proceedings for the formation of
President's Plaza I Property and Business 'Improvement District (hereafter referred to as the
"District") pursuant to the provisions of the Property and Business Inp ozenent District Law gf 1994,
Pan 7 cf Dizision 18 gf the Stems and Hig uros Cal° cf California (hereafter referred to as the "Act"),
formation of a business improvement district, and the levy and collection of assessments by the
County of Riverside for the City of Palm Desert to pay for the Improvements and Activities as
described in the Preliminary Engineer's Report and the Management District Plan; and,
WHEREAS, Pursuant to the Act, a written petition of the property owners within the
District, representing more than 50 percent of the proposed assessment to be levied, has been
presented to the City Council; 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 to prepare and file an
Engineer's Report with the City Clerk;
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. The City Council hereby orders MuniFinancial to prepare and file with the City Clerk the
Preliminary Engineer's Report and the Management District Plan concerning the formation
and establishment of assessments for the District in accordance with the Act.
3. Proposed improvements: The improvements within the District are more specifically described
in the Preliminary Engineer's Report and the Management Plan attached hereto and
incorporated herein by reference.
4. Boundaries and Designation: The District consists of all parcels located in the commercial
business area known as the President's Plaza within the City of Palm Desert. The territory is
within the City of Palm Desert, within the County of Riverside, State of California. The
proposed district is designated as: "President's Plaza I Property and Business Improvement
District."
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RESOLUTION NO. 03-7
The foregoing Resolution was passed and adopted by the City Council of the City of Palm
Desert on the 23'd day of January, 2003, by the following vote:
AYES: CRITES, FERGUSON, KELLY, SPIEGEL, BENSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
AI 1:EST:
RACHELLE D. KLASSEN, CITY CLERK
City of Palm Desert
!,-t
M. BENSON, MAYOR
of Palm Desert
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