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HomeMy WebLinkAboutCC RES 03-008RESOLUTION NO. 03-8 DESCRIBING PROPOSED IMPROVEMENTS AND SERVICES AND APPROVAL OF THE MANAGEMENT DISTRICT PLAN REGARDING THE PROPOSED FORMATION OF THE PRESIDENT'S PLAZA I 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 aid Business Inprrnenent District Law gf 1994, Part 7 gf Dizisian 18 cf the Struts and Hignezos Cale gf Cali Dana (hereafter referred to as the "Act"), did by previous Resolution, initiate proceedings for the formation of the President's Plaza I 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 Management District Plan, which is incorporated herein by reference, and WHEREAS, The City Council has carefully examined and reviewed the 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 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 Boundary Map for the boundaries of the District. 1 [This page has intentionally been left blank.] RESOLUTION NO. 03-8 The foregoing Resolution was passed and adopted by the City Council of the City of Palm Desert on the 23rd day of January, 2003, by the following vote: AYES: CRITES, FERGUSON, KELLY, SPIEGEL, BENSON NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST: RACHELLE D. KLASSEN, CITY CLERK City of Palm Desert BENSON, MAYOR City of Palm Desert 2