HomeMy WebLinkAboutRes 05-45 and 05-46 President's Plaza III BID Annual Budget for FY 2005/2006RESOLUTION NO.
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA, APPROVING THE MANAGEMENT DISTRICT
PLAN FOR THE PRESIDENT'S PLAZA III PROPERTY AND BUSINESS
IMPROVEMENT ASSESSMENT DISTRICT, FISCAL YEAR 2005/06
The City Council of the City of Palm Desert (hereafter referred to as the "City Council")
does resolve as follows:
WHEREAS, in Fiscal Year 2001/2002 the City Council pursuant to the provisions
of 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 "Code"), and in
accordance with the provisions of the California Constitution Article XIIID conducted
proceedings for the formation of the President's Plaza III Business Improvement District
(hereafter referred to as the "District"), and the levy of annual assessments connected
therewith; and,
WHEREAS, on June 14, 2001 the City Council held a full and fair public hearing
regarding the formation of the District and the establishment of annual assessments and
the maximum assessments required to pay the maintenance and services of landscaping,
lighting, refuse collection and all appurtenant facilities and operations related thereto for a
five year period beginning July 1, 2001 and ending June 30, 2006 pursuant to the Code;
and,
WHEREAS, upon conclusion of the public hearing of June 14, 2001 the City Council
tabulated the property owner assessment protest ballots returned and by resolution
confirmed that majority protest did not exist and by resolution approved the Management
District Plan, appointed an Advisory Board for the District, ordered the formation of the
District, and ordered the levy and collection of the first annual assessments; and,
WHEREAS, pursuant to the Code, the City Council appointed the President's Plaza
III Committee as the Advisory Board for the District and this Advisory Board shall cause to
be prepared an annual Management District Plan (hereafter referred to as the "Report")
each fiscal year for which assessments are to be levied and collected, said Report shall be
filed with the City Clerk and shall contain: any proposed changes to the District boundary, -
the improvements and activities to be provided; the estimated costs and method of
assessment; the amount of any surplus or deficit; and contributions from other sources;
and,
WHEREAS, pursuant to the Code, the Advisory Board has caused to be prepared a
Report in connection with the District describing the proposed improvements, services,
expenditures and assessments to be levied for Fiscal Year 2005/06, and filed with the City
Clerk of the City of Palm Desert and the City Clerk has presented to the City Council such
RESOLUTION NO.
Report entitled "Management District Plan for the President's Plaza III Property and
Business Improvement Assessment District, Fiscal Year 2005/06"; and,
WHEREAS, The City Council has carefully examined and reviewed the Report as
presented, and is satisfied with each and all of the items and documents as set forth
therein, and finds that the levy of assessments has been spread in accordance with the
special benefits received from the improvements, operation, maintenance and services to
be performed, as set forth in said Report; and,
NOW, THEREFORE BE IT RESOLVED, DETERMINED, AND ORDERED BY THE
CITY COUNCIL FOR THE DISTRICT, AS FOLLOWS:
Section 1 The above recitals are true and correct.
Section 2 The Management District Plan as presented, consists of the following:
A. A Description of the District boundaries and all properties
benefiting from the improvements and services.
B. A Description of Improvements and services to be provided by the
District.
C. The Annual Budget (Estimates of Costs and Expenses of Services,
Operations and Maintenance),
D. The District Roll containing the Levy of Assessments for each
Assessor Parcel within the District,
Section 3 The Report as presented, is hereby approved and is ordered to be filed in the
Office of the City Clerk as a permanent record and to remain open to public inspection.
Section 4: That the City Clerk shall certify to the passage and adoption of this Resolution,
and the minutes of this meeting shall so reflect the presentation of and final approval of the
Report and appointment of the District Advisory Board.
2
RESOLUTION NO.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert
City Council, held on this day of 2005, by the following vote,
to wit:
AYES:
NOES:
ABSENT:
ABSTAINED:
ATTEST:
RACHELLE D. KLASSEN, City Clerk
City of Palm Desert, California
BUFORD A. CRITES, Mayor
9
RESOLUTION NO.
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT, CALIFORNIA ORDERING THE LEVY AND COLLECTION OF
ASSESSMENTS FOR THE PRESIDENT'S PLAZA III PROPERTY AND
BUSINESS IMPROVEMENT ASSESSMENT DISTRICT, FISCAL YEAR
2005/06
The City Council of the City of Palm Desert, California (hereafter referred to as the "City
Council") hereby finds, determines, resolves and orders as follows:
WHEREAS, on June 14, 2001 the City Council called and duly held a public hearing
and property owner protest ballot proceedings for the President's Plaza III Property and
Business Improvement Assessment District (hereafter referred to as the "District") pursuant
to the provisions of 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
"Code") and the California Constitution Article XIIID, for the purpose of presenting to the
qualified property owners within the District the annual levy of assessments and a
maximum annual assessment over a five year period beginning July 1, 2001 and ending
June 30, 2006, for the costs and expenses associated with the maintenance and operation
of landscaping, lighting, refuse collection and all appurtenant facilities related thereto; and,
WHEREAS, the landowners of record within the District as of the close of the Public
Hearing held on June 14, 2001 did cast their ballots resulting in the approval of the District
formation and annual levy of assessments related thereto; and,
WHEREAS, the City Council, pursuant to the Code did by previous Resolutions
formed the District, and approved a Management District Plan in connection with the
formation of the District and appointed an Advisory Board that shall cause to be prepared
an annual report regarding the District for the City Council's approval; and,
WHEREAS, the Advisory Board has held a meeting for reviewing and approving the
proposed budget for Fiscal Year 2005106 and has prepared a Report in connection with the
District for Fiscal Year 2005/06, and filed with the City Clerk of the City of Palm Desert and
the City Clerk has presented to the City Council such Report entitled "Management District
Plan for the President's Plaza III Property and Business Improvement Assessment District,
Fiscal Year 2005/06;" and,
WHEREAS, The City Council has carefully examined and reviewed the Report as
presented, and by previous resolution has approved said Report.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED, AND ORDERED BY THE
CITY COUNCIL FOR THE DISTRICT, AS FOLLOWS:
Section 1 The above recitals are true and correct.
n
RESOLUTION NO.
Section 2 The City Council desires to levy and collect the annual assessment for
President's Plaza III Property and Business Improvement Assessment District for Fiscal
Year 2005/06 pursuant to the provisions of the Code.
Section 3 Based upon its review of the Management District Plan, a copy of which has
been presented to the City Council and filed with the City Clerk, the City Council hereby
finds and determines that:
A. The territory of land within the District will receive special benefits from
the operation, maintenance and servicing of the improvements and
appurtenant facilities located within the boundaries of the District.
B. District includes all of the lands so benefited; and
C. The net amount to be assessed upon the lands within the District in
accordance with the proposed budget for the fiscal year commencing
July 1, 2005 and ending June 30, 2006 is apportioned by a formula and
method which fairly distributes the net amount among all eligible parcels
in proportion to the special benefits to be received by each parcel from
the improvements and services.
D. The Assessments so described in the Management District Plan are
consistent with the assessments so approved by the property owners
within the District.
Section 4 The Report and assessments as presented to the City Council and on file in
the office of the City Clerk are hereby confirmed as filed.
Section 5 The City Council hereby orders the improvements to be made, and the levy
and collection of annual assessments to pay for those improvements to be presented to the
County Auditor/Controller of Riverside for Fiscal Year 2005/06. The County
Auditor/Controller shall enter on the County Tax Roll opposite each parcel of land the
amount of levy, and such levies shall be collected at the same time and in the same
manner as the County taxes are collected. After collection by the County, the net amount of
the levy shall be paid to the City Treasurer.
Section 6 The City Treasurer shall deposit all money representing assessments
collected by the County for the District to the credit of a fund for the President's Plaza III
Property and Business Improvement Assessment District, and such money shall be
expended only for the improvements described in the Management District Plan.
Section 7 The adoption of this Resolution constitutes the District levy for the Fiscal
Year commencing July 1, 2005 and ending June 30, 2006.
RESOLUTION NO.
Section 8 The City Clerk is hereby authorized and directed to file the levy with the
County Auditor upon adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert
City Council, held on this day of 2005, by the following vote,
to wit:
AYES:
NOES:
ABSENT:
ABSTAINED:
ATTEST:
RACHELLE D. KLASSEN, City Clerk
City of Palm Desert, California
BUFORD A. CRITES, Mayor
G
CITY OF PALM DESERT
MANAGEMENT DISTRICT PLAN
PRESIDENT'S PLAZA III PROPERTY AND
BUSINESS IMPROVEMENT DISTRICT
Corporate Office:
27368 Via Industria
Suite 110
Temecula, CA 92590
Tel: (951) 587-3500
Tel: (800) 755-MUNI (6864)
Fax: (951) 587-3510
FISCAL YEAR 2005/06
MuniFinancial
Office Locations:
Anaheim, CA
Lancaster, CA
Los Angeles Regional Office
Oakland, CA
Phoenix, AZ
Sacramento, CA
Seattle, WA
TABLE OF CONTENTS
I. OVERVIEW..................................................................................................................... 1
A. Introduction.......................................................................................................... 1
B. Formation.............................................................................................................. 1
II. DESCRIPTION OF THE DISTRICT.......................................................................3
A. Description of the District Boundary .............................................................3
B. Description of the Improvements and Activities.........................................3
C. Special Benefits of the Improvements and Activities.................................4
III. METHOD OF APPORTIONMENT......................................................................... 5
A. Method of Apportionment Rationale............................................................. 5
B. Method of Apportionment Calculations........................................................ 5
IV. DISTRICT BUDGET.................................................................................................. 8
B. District Budget....................................................................................................10
APPENDIX A — DISTRICT BOUNDARY MAP...............................................................13
APPENDIX B — DISTRICT ASSESSMENT ROLL..........................................................15
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
I. OVERVIEW
A. Introduction
The Cite o)f Psalm Desert (hereafter referred to as the "Cite") f()rmcd and established the
President's Plaza III Property Alld BLIS111CSS Improvement District (hereafter referred to as
the "District") beginning in Fiscal Year 2001/02 to provide the Au11ul'Ad ()perrti()n and
maintenance o)f certain improvements that confer special I)C'11C'fltti UlMn real property within
the bo)Und1ar1C's o)f the District. The District was established and is ICVICd In1rsUAIlt to P1oped)
and Blo /lle i Implommmill 11* Y 7*C1 Leila- o/ 1994, Pad 7 0/ I )ll'lYlon IS o/ Me C.ulilwwl*u Nhieel. and
Ili{/))u): Code (hereafter referred to AS the "G)d(!"). PUrSUAIlt to the Cock, I1ro)pert} owners
within the District submitted A 51g11C'd pet1ti(m reCIUC'stlllg fo)r1111ati(m o)f the District. The
District WAS SLICCCsshlll\ f(wmed and a mA\1111U111 AssessnlCI1t WAS Approved b, the property
()wners thro nigh All AsscssnlCnt hullo )t proceeding, ceding, Co )ndLICtcd according to I1ro )visi()ns o )f Me
C.ulilwwl*u C.on.,Ylllllloll A icle XIIII) (hereafter referred to as the "Article tIIID"), which was
made part o )f the C alifo wnia Co )nstitutu m with the passage o )f i'ro )I1()siti()n 218 in November
1996. PUrSUAIlt to the Code, the ConII1CII pro)l- )ses to 1a1111U1a11V ICVV Alld Collect Assessments
to provide Funding f()r improvements Auld ACtiVities Aultho)rixed within the District f()r a
I1Cri()ci o)f five years (Fiscal bears 2001/02 thronlgh 2OO5/2OO6).
This Management District Plan (hereafter referred to as the "Plan") describes the District,
improvements and activities, method o)f apl-mrtio)1ullCnt, bo)Und1ar1C's o)f the District, the
hudgets, and the 111,1\1111C1111 assessment approved f()r the five-year duration o)f the District.
The assessments are bused ()n the estimated cost to provide the improvements, activities,
u1d ()per tiom that provide a direct and special benefit to properties within the District. The
Costs o)f impro)vements, ac:tivitics, and ()per'.atu)n 111CIUdC gall C\I1Cnditures, dCFIClts, surllluscs,
revMLIcs, Alld reserves.
The \x,()rci "property," f()r the hurl-)Oses o)f this Plan, refers to real property situated Within
the District, and identified AS All indiVidUAl I1ro)I1Crt\ ()r parcel assigned its ()wn Assessment
Number b, the Conult\ o)f Riverside Assessor's Of CC. The Conult\ o)f Riverside
L1dito)r/C()ntro)ller uses '\ssessnlCnt Numbers and specific; I"Und Numbers to identify, ()II
the va\ roll, I1,arcels sand properties assessed for Special district benefit ,issessmcrlts.
B. Formation
\ written petitiom o)f the property owners within the District, representing more than 50
percent o)f the pro)l-msed assessmClIt to be ICVICd WAS submitted to the Cite C()CI11Cll. The
CIt COCI11Cll Initiated proceedings f()r the fc )r111atio m o )f the District b, adopting ',a reso )lutio )n
C\pressing its 111tenti(m to form the District. The reso)lutio)n o)f 111tC'11tL()11 Co)11t11i11C'd the
o)riginal Management District Phan sand the tin1C sand I-AACC o)f A public; hearing ()n the
establishment o)f the District and IcN-\ o)f assessments.
Within 90 dues o)f adopting the reso)lutio)n o)f 111tC'lltic)11, the Cite Co)W1Cll held A public;
111C'C'tlllg sand public; hearing ()n the matter, and CALISed notice e to the property ()wners
pUrsU1111t to SC'Ctlo)11-49-4.6 4the ( m-ernment (,o)dc. Assessment biallo)ts (pro)pert owner
V!/IIII'111c111c7cJl P�,e 1
President's Plaza III Property and Business Improvement District
Management District Plzen, City of Palm Desert
Fiscal Year 200.5/0(
protest ball()ts) were mailed to each pro)pert owner at least 45) days prior to the public;
hearing pursuAult to Article XIIIU. PurSu1111t to the C()dC, the Cite Conulc11 ALL) publishcCl
the reso)lutio)n ()f 111tC•lltic)11 in a newspaper ()f general c;irCUlAtiom; mailed the reso)lutio)n ()f
111tentLo m by first-class mall to each pro )pert\ ()wner in the District and to each h )c;al
chamber ()f commerce and bCIS111C•SS ()rgant/ati(Al h)c ated within the District.
At the public; hearing the Cite Conulc11 provided the public; Alld property ()\\-ners 111
()pp()rtunitV to provide o )r11 protests and written protests pri()r to the Salo )ptio m ()f the
Management District Plan. PCIrsu1111t to the Article tlllU. the Cite Ccnuuil tlbulrteCl
hrc )pert ()wner Assessment ball )ts received from hrc )pert ()wners to determine whether
n11jc)rit� protest existed. It was determined and declared b\ reso)lutio)rl that ma*()ritv protest
did not Gist and the property owners confirmed and approved the Assessments.
PursuAllt to the C()dC, the Cite G)LUIC11 Appc)inteCl An .Viviso)r Board f()r the District. This
Advisor Board shall make reC0 )n1111MCIAtio )ns to the CItV Go LHIC11 ()n the CspcnClitures o )f
revMLIC derived from the levy ()f assessments And ()n the c;lAssific;Atiom ()f properties As
Applicable. At least ome member ()f the Advisor Board shall bC A buSi11C•sS 11CC11SCC Withlll
the District who is n()t a pro)pert owner within the District. This Advisor Board shall
CAusC to be prepared a rel1()rt CAc:h fiscal year f()r which assessments are to be levied and
Co )llCCtCd- Allllual repo )rt shall be filed with the Cite Clerk and shall contain: A11
I1ro)I1()scci changes to the district bo Undar, the improvements Alld activities to be provided
that vear, the estimated costs f()r that year, the nlCth()d ()f AssCSS111 •nt, the Anunult ()f Am
surplus ()r deficit, and co)ntributio)ns from other sonlrces. The City G)CI11C11 may approve the
repo )rt as submitted ()r as modified.
Tl1C Cite G nine 11 (wdered the fo )rnlatio m ()f the District and the lc\-\ and co )llectio m ()f
ssessnunts onitlineCl in the \IAnagement District Plan and the first levy ()f assessments was
subnlittCd to the (;( )ant\ . LIClito )r/Co )ntro )ller in Fiscal Year 200 I /02 f()r 111CIUSLo Al ()n the
pro )pert tas roll.
V!/IIII'11/ 111c7 JI Pche 2
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
II. DESCRIPTION OF THE DISTRICT
A. Description of the District Boundary
The District Consists ()f all parcels located in the commercial bUSil1CSS area known as the
President's Plaza III within the Cite ()f Psalm Desert, Conlllt\ ()f Rive side. The District
inCluCles siXtccn (l G) assessed commercial parcels.
The bonuular ()f the District and the parcels therein are generally I()C',atCCI SoUtll ()f PAIIII
Desert Drive at I lighw ay l l l; North ()f Il Pasco). West ()f Sage Lane, and Fast ()f Old
lighw ay 74, and inCILI&S the Palm Desert Parking I.()t — lease parcel to the Cite ()f Psalm
Desert I()C',atCCI SoUtll ()f I lighWAV l 11. Fast ()f New I lighw ay 74, and West ()f (old I lighw ay
7-4.
B. Description of the Improvements and Activities
In an Cff()rt to enhance and improve bUsi110ss c)ppc)rtunities and the appearance ()f the area
known as the President's Plaza III, the Agency provides funds f()r the renovatiom and
C'apltal improvement ()f the parking I()t and landscaped Areas related to this commercial
IM'Slin0ss center. I11 Co)11ICI11CtlO11 with this renov ati(m, President's Plaza III Propertyand
BLISH1Ctiti Improvement District was f()rmcd to provide and C11tiUre the Co)llt111Ucd ()pCratL()11
Alld Ill a111t0111ance ()f the lmprov0ments rafter the reno)v atic)llti have beell Co)111pICted.
The properties within the District rec elve special and distinct benefits from the
improvements Alld activities to be horded through the ASS(!Sti111C•lltti. The improvements
111CIUCiC the necessary activities, services, ()peratiom, administratiom, and mallllt0llance
reeluircci to keep the improvements in satlst-acto)r' Co)nd1tLom 111CIUCilllg labo)r, material, and
Celuipnu•nt. The services IIIAV inCluClc, but are not limited to, regular maintenance, anc e, repair,
removal ()r replacement ()f all ()r any hurt ()f the lmprov0ments 111CIUding removal ()f
trimmings, rubbish, debris and other solid waste. and, providing f()r the growth, health and
being ()f IA11rlsCAping Alld llglltlllg 111CIUCillIg CultiN-',ati()n, trimming, spraying, fertilizing ()r
treating f()r disease ()r damage as well as suppl\ ing necessary irrig atio m and Clec:tric;al enerp .
The specific; improvements and activities inCluClc:
• Parking l()t lighting facilities 111CIUCillIg bUt n()t linlitcd to: bulbs, fistures, pc)lcs,
wiring, and Clec:tric;al enerp,
• Parking l()t landscaped areas but n()t linliteo. to: ground cover, shrubs, trees,
plants, irrig ati(m and draillAgC s\ stems Alld Asso)Ci'atcd Al-)I-urtenant fac:ilitles,
• Debris removal 111CIUCillIg bUt not limited to: regular mcc:hanic;al sweeping ()f the
parking l()t.
The Costs ass()CLated with the improvements are spread among all benefiting
parcels within the DistriCt Utilizing the method ()fappo)rtiomment described in Scc:tlOn III ()f
this RCp()rt. The total funds collected shall be dispersed Alld Used f()r ()nly the services and
()peratio )ns provided to the District.
1111111 "illan tial Palle.,
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
C. Special Benefits of the Improvements and Activities
All Assessed properties ,vithin the District receive special henehts from (me ()r more o)f the
improvements 1.1111 activities Funded through the District "lssc•ssnu•nts. Specifically, lighting
1uu1 landscaping amellltleti \vithin the parking lot, and regular s\vc•cI ng of the p lrking lot.
The spc•ciAl benefits of lighting (parking lot lights) are the convenience•, sAfc•ty, Alld security
()f property, improvements, and go )( )cis. Specifically:
1. I iflia lc ed cieterrence o )f crime and the slid to po )lice• pro )tc•cti()n;
2. Increased nighttime safety for patrons ,mci emph)yces;
3. Improved visibility for pedestrians and motorists.
4. Improved ingress and egress to property:
3. Reduced vandalism and ()ther criminal ;lets and dalliage to improvements ()r property:
G. Fifli nced aesthetic appeal of the parking area and the properties that are associated
with the parking area-,
7. Increased pro)nu)ti()n c)f business Aetivitic•s And c)ppc)rtunitics during nighttime honlrs;
�u1d,
The spc•ciAl benefits associated with landscaped islands and medians within the parking lot
are spccitically:
1. Improved aesthetic appeal of the parking area and nearby parcels-,
2. Improved dust control;
3. I"nh,111CCd AdAptAtion of the urban environment within the i1AtUrll environment.
4. Improved traffic cirC11111t1()11;
positive representation of the businesses Within the District,
G. Centralized to )cati()ns f()r refuse co )llectio m Facilities; and,
Varking l()t s\veeping is an essential and necessary Activity f()r all prc)pertics p lrticul lrly
commercial properties. The special benefits associated \with this service are:
1. 1`1111lnced aesthetic appeal of the parking area and the properties that are ass()ciated
\with the parking area-,
2. Improved dust control,
3. Improved traffic circulAtlo)11
The o)11-go)lllg ()perlti(m and maintenance of the landscaping, lighting improvements and
sweeping service provide no nu•Asurd)le genc•rll benefit to other properties ()utsiCie the
District or to the public at large. Therefore, these improvements and the corresponding
assessments have been identified as 100" 0 special benefit to parcels within the District.
1111111 "illan tial Pa-t, 4
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
III. METHOD OF APPORTIONMENT
A. Method of Apportionment Rationale
'1'hC Costs o)f the District inlllrovCnunts �,uu1 services h�,ivc rich been 1I1I1c)rtic)ned by l
forll1ul11 Auu1 nu•thoul, Which f,iirly distributes the net 11111o)Clllt to be Assessed "ul1()ng �'lll
Assessed h�,lrc cls in I1ro )I1()rti()n to the estinl�.ltcd sl-)cLil benefits to be received by rich h�,lrc cl
front the inlllrovciiic•nts.
Parking Lot Improvements and Services
Assessed h�,lrccls within the Tresident's Plul III Nilt) 11AVC use o)f, Alld Access to, A
cewr,ilized I1�,irking Eic:ilit (l()t) th�,it I1rovides �,lc:ccss, I1�,irking, �,uu1 deliver �,lrrls f()r the
I)usi11CSSC•s Alld I1�,irccls within the I)istric;t. BCCAu1se the I1�,irking cirri is �,i cewrilized f.ic:ilit
used Alld Accessed by �,dl I1roIlCrties within the Uistric;t, rich I1�,irccl's benefit is b�,ised o)n the
size o)f suc:h I1,irccl. 'Therefore, it his been determined th�,it �,i Eiir �,uu1 rrison�,ll)lc retlCCti()n o)f
rich I1�,irccl's benefit f()r the I1�,irking l()t inlllroveiiients shall be b�,ised o)n the 1I1I1rc)�inlltC
size, in sClu ire feet, o)f rich I1�,irccl.
B. Method of Apportionment Calculations
'1'hC 'Tc)tll Uircc:t Costs o)f the I1�,irking l()t inlllroveiiients �,uu1 sen-ices �,irC 1I1I1c)rtic)ncd to
rich I1�,irccl within the Uistric;t b�,ised o)n rich I1�,irccl's l()t size in sClu ire feet. In �,ulditi()n to �'l
I1�,irccl's 'Tc)tll I)ircc:t Cost �'lssessnlent, rlc:h I1�,irccl is �,issessed f()r hicilrec:t Costs, such AS
\dnlinistr',iti()n, I11sur,111CC• ',uu1 �,i T)�,irking I.()t I"und f()r future selling �,uu1 rC-strilllling o)f the
I1�,irking l()t. '1'hC hidirec:t Costs f()r rich I1�,irccl h�,ivc been 1I1I1c)rtic)ned in the s�,ul1C 111111111C•r
pis 'Tc)tll Uircc:t Costs. 'Therefore, rich I1�,irccl's 'Tc)tll A11I1u111 ASSCSSnlcllt is the suns 4 its
I1rc)I1c)rtic)nrtC sh�,irc o)fthe 'Tc)tll Uircc:t Costs �,uu1'Tc)tll hicilrec:t Costs.
Apportionment of Direct Costs
'1'hC 'Tc)tll Uircc:t Costs Cstinl�,rted for the n1�.uliten�.uu:C �,uu1 servicing o)f the I1�,irking l()t is
bASC•d ()11 the C•st111111tC•d 111111u111 Costs to 11111111t11111 the 11111dsC11I1111g, llghtlllg, �'llld lllcch�'1111C'11
sweel)Mg o)f the I1�,irking l()t within I)residew's Pl u l III. 'Phis 'Tc)t ll Uircc:t Cost, divided by
the suns o)f the sCluire f()()t,ll;C o)f�,dl I1�,irccls within the Uistric;t, est�lblishes �,l rrtc I1Cr I1�,lrccl
sClu ire f()()t. 'Phis r,rtc n1u11til11ied by rich I1,irccl's sClu ire f()()t',IgC CCluAls the I1 lrcCl's
I1rc )I1c )rtic )n rtC sh�,irc o )f the I1�,irking to )t nl"ullten�'ulc c c;()sts (ro nuulCd to the nrirest eveii
I-miiiy ). '1'hC f()ll()\x-ing fo )rnulLis, costs �,uu1 rites �,irc I1ro )I1()scci f()r the direct cost C'.11Cu1'.1tL()n
4,Issessnlc•nts f()r l'iscil Ycir 2005/06.
Total Direct Cost / Total Square Footage = Rate per Square Foot
Rate x Parcel Square Footage = Direct Cost Assessment Component
V!/1111'IIIc111c7cJI P�,e ;i
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
l ifth l iscal Year
(I iscal Year 2M-)/ 0)
Direct
Rate
G)sts
(her sy ft)
S 13,056
SO.029
Apportionment of Indirect (Administration/Reserve) Costs
'1'() ensure the imhroN-emcnts, �ictivities, �ui(I services I-)rovi(Ie(I ',ui(I fun(Ie(I through the
District ',ire Cotltllluc(l, rush h,ircel will he �isscssc(I f()r ln(lirect Costs. 'These ln(lirect Costs
inclu(Ie All eslxnses rcLite(I to the oaf the District pis well pis the collection oaf
mo�nc\ to\x-.ir(Is �i Reserve I"u1(1. '1'hc Reserve I'un(I G)11cCti()11 is to be slightly ()N-cr tc)rt\
I-)crcent (40" o) oaf the AMILIA1 '1'c�t tl Direct Costs oaf the District.
SMil it to the nu•tho�(I cif f()rDirect Costs, the District's in(lirect costs
,,ire to rich h�,ircel h�,ise(I o m rich h�,ircel's to )t sixe in syuEire feet. The fo )ll()\\-ing
fc �rnuil is, co �sts �,ui(I rites sire I-)ro �I-)()se(I f()r the in(lirect Cost cAlcuIAM Mn 4 Assessnu•nts f()r
I`isc,il Ycir 2005/06.
Total Indirect Cost / Total Square Footage = Rate per Square Foot
Rate x Parcel Square Footage = Indirect Cost Assessment Component
l ifth l iscal Ye-,ir
(fiscal 1'c,ir 2005/ 0)
hl(hrtct
Rate
Costs
(l)e' s(l ft)
S11,005
SO.024
V!/IIII'11/111c7 JI Pa,e 0
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
Total Annual Assessment
F ach Ilarcel's Total A1111U1a1 111C•llt is the suns of their Ilrollortionarte share of the
Direct Casts ancl Indirect Casts. '1'he I-)rececling ciescrilltion of the method of
allllortionnunt outlines the estimateci cast au1d rates alllllied for the District in Fisc,d l rar
2005/06, using the fornull as aciollted sand allllroved when the District was formed in Fisc,d
Year 200 l /02. '1'he f()ll()\x-ing I-m )vicies A sunumar ()f the Ilrc )Il()sed assessment rates f()r
Fiscal Year 2005/06.
Direct Cost Rate + Indirect Cost Rate = Total Rate per Square Foot
1'r(JI )se(i
1.Y 05/06
Itate (sq ft)
Direct G)st Rate S 0.029
111(hrect G )st Itite 0.024
Total Assessment Rate $ 0.053
Annual
Budget Adjustments
Vow the initial five gars of the P131D, A11111-I'a1 Assessnu•nts m,l\ he adjusted by the President's
Plaza III PI31 D Advisor Board ull to three I-)ercent (3" o) I-)er year. .\ctu',al 1a1111U1a1
1acllUStmC•tlts may rank from zero I-)ercent (W o) to three I-)ercent (3()()). ACIIUSt111C•1lts m,lV
d1ffer from year to year ciel-micilllg oll the service iieccis 1dC•11t1fieci by the Advisor' Board. I11
gall\' evellt, assessincilts will 11()t exceed the levels 1111-Ititrateci by the District Budget (1'AbIC 1).
AIIV AMILI d budget surlllus or deficit will he accrUCCi into the follo\x-Mg year's P131 D budget.
Assessments will he set accordingly, within the constraints of the AMILI d 1ad1Ust111C•1lt, to
adjust for surllluscs or deficits that pare carried forwarci.
1111111 "illan tial Pa-t, 7
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
IV. DISTRICT BUDGET
A. Description of Budget Items
Direct Benefit Costs
Landscape Maintenance Contract—I11CI uC1 es �lll reguLlrly SChcClulcCl Dilmr, m�ltcnil (e.g.
pipe, fertilizer, insCCICI&S), AIW Cyuipmew reyuireci to properly mAintAin AIW ensure the
sAtisfAc:tor c;omiltiom o)f All LuiciscAping, irrigAti()n AnCl Clriin�,igc s\stcnls, AIW AppurtcnAnt
fAc:ilities. All lAnClsclping improvements within the District Arc c;o)ntricteCl f()r mAultenAncc
AnCl service o m A rC•g111Ar bAsis. Cite stiff will cietermMe the freyuC11CV, spCCIFIC m,1111tcll�lnc c
AnCl ()perAtioms reyuireci within the District.
Landscape Water —Utility cost to furnish w,itcr f()r rcyuireci Lmcisc ipc irrig�,lti()11.
Lighting and Landscape Electric —Utility cost fo)r furnishing oaf electricity rcyuircCl f()r
the ()peritiom o)f the irrigAti()n systenls AnCl lAnClscApe ml,imtenAncc AnCl cost o)f furlllshlllg
the electricity reyuireci f()r the ()peritiom AnCl nlAultenAnc;C o)f the lighting Elc:iliries. The Cite
c;ontru:ts f()r the furnishing o)f its electricity f()r street lighting, which inc;luClCs nornlAl
mAl11tC•11A11CC• AIW bulb repLic:Cnunt. ibis Cost Clo)Cs n()t inCILIcie rcpAirs ()r repLic:CmCnt o)f
ClAnlAgCCl FAC;ilitiC•s CluC to vmictilism, Ac:ciciciits ()r storms.
Landscape Repairs=Phis item inCILIcies repmrs thAt Arc not no)rmAlly 111CILI1CC1 in the
vCArly mAuitcnAncc Cc)lltrlc:t costs. This miy incILIcie rep,ur o)f cbiml,igcci Amcmtics CluC to
v"uictilism AnCl storms. also) incluClCC1 mAv bC 14,11111C•Ci upgrAcics. '1'hcsC up rAC1Cs ccnllCl
incluClC replAcing p1Ant m1itcnils ()r rcno )vAtio rn ()f irrigAtu )11 s\'stcllls.
Sweeping Senices Weekly clruung o)f the pArking l()t AnCl gutters using A co)ntrictcCl,
mcchAnizcci service.
Indirect Benefit Costs (Administration/Reserves)
District Administration The cost to All cicpArtmciits AnCl stiff o)f the Cite, f()r provicimg
the co )()rClinAtio m o )f District services, ()peritio ms AnCl ml.mitenAncc o )f the District, respo vise
to public concerns Ancl CClucAtio )n, AIW pro )CCClures Assc )ciAteCl with the levy AnCl co )llecti()n o )f
sscsslllcllts. This cost Also) incluClCs cc)ntrActin \with pre)fcssic)nAls to pre)viClC AClCl1 1 )nil
AClministritive, lC•gAl, ()r engineering services specific to the District.
County Administration Fee=Phis is the ActuAl cost to the District f()r the Conult\' to
collect District Assessments om the property tAs bills. This chArgc is bAscci om A flit rAtc per
fu11C1 number.
County Per Parcel Fee—I'his is the cost to the District f()r the Count\ to CO IICCt
Assessments om the property tAx bills. This chArgc is (Al A per Assessment bAsis, At S0 25) per
Assessment, Allci is 111 Acio. itio)n to the (,()Clllt\' . ciml111strAtl(m Fee.
1111111 "illan tial Pa,e 8
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
Operating Reserve Fund Collection 'I'hC ( 1)eriting Resen-e Funr} I1ro�N-ides f()r
COIlec:ticm ()f fi-mis to (q)crite the District, f()r Cac:h Fiscal yrir, from the time I-)rlOci ()f Iul\
I through \x-hen the C(mllt\I)r0�-6cics the CitN- Nx-ith the First instal mciit ()f
Assessments COIlec:tcci from the Ilrolxrt\ tas hills. The Oheriting Rescn-e Funr} C•11111111atcs
the heed f()r the Cite to transfer hmcis from non-1)1*str1*Ct ACCO U is to f()r District
c;h',irges Curing the First half ()f F1. 2003/0 4 through F1. 2005/06. BCc:ausC the District
bcgl ,m (q)critio �1i in F 1. 2001 /02, with n() "lssessnlc•nts Co )llcc:tcci in the I1ri()r fiscal \ rir (F 1-
2000/01), thc• First sis months ()f District ()llCritioms (in F1. 2001/02) \x-,is hmcicci through
nc�n-District aACCO Uts. Onc;C the District rccm-CCI the First instd1mcnt ()f�issessments from
the Conult\ ()f MN-crsldc 111 2002, the nomn-District Iccount(s) \x-Crc reinlburser}.
Parking Lot Fund=1'hC P�irkiug I.()t MAIlItC•11,111CC FunC} I1ro�N-iC es funC}s f()r the srlliug
anr} rC-strillin oaf rhC Ilarking l()t after the fonlrth Car ()f the term ()f the District. The Cost
()f sealing a,md re -striping totals S29,771.40 (l3 celits I1Cr sc}uare fox)t nulltilllicC} b, 198,476
sc}uare feet ()f surfac c area).
Insurance —Phis line item sullll()rts msurmcc costs f()r the (q)eritiom ()fthe District.
Levy Breakdown
Total District Costs=Phis is the suns total Of all bUdgeted Direct 111d 111direct costs.
District Statistics
Total Parcels —'1'hC total number ()f parcels within the District.
Total Parcels to Levy '1'hC total number ()f Ilarccls within the District that will be
Assessed. \ o �1i-assessed to )ts ()r Ilarcels incluC}C Casements, co mmmo �1i areas, a,md Ilarcels within
the IMI-Mc mes ()f the District that currentl\ do not benefit from the imllro�N-cmews.
Total Parcel Square Footage —Phis is the suns totd ()f the Ilarccl sc}uare f()()t,igc a11111icr}
to Cach Ilarcel within the District.
Levy Rate per Square Foot —'Phis a111o)ullt represents the Rate being a11111icr} to Cach
parcel's IIWIN-ir}ual l()t sc}uare fomtal;C. '1'hC Rate per SC}uare F(mt is the result ()f
CI1\-1CI111g the cstim1itcd District Costs f()r that \Car b, the suns ()f the District's '1'c�tal
T'arcel Sc}uare F(mtal;C. '1'hC rate is calculator} to three decimal places.
V!/1111'111c111c7cJI P�,e `)
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
B. District Budget
The District Budget shoe n on the follo\\-itlg table (able l) lists the estimated costs of
providing the -,,irious improvements and services within the District. The costs and the
resulting rites for Fiscal Year 2001/02 through Fiscal Year 2005/06 are based cm the
estimated casts to provide the improvements and services for rich y car, adjusted for the
three percent (3° 0) inflation factor.
1'he Advisor Board, apl-minted bV the Cite Council, Will 1U111U'Ally review the District casts
I'ind make recommendations for any changes or adlUStmC•llts to the budget. Ch,ulgCs to the
budget could result in chAulges to the AMILI d AssessnlCnt, but the resulting total assessment
mav not exceed the maixulnum rites established in the original \ anagcment District Plain,
\\'ithout First obtammg property Owner approval through AsscssnlCnt bAllots
V!/IIII'11/111c7 JI Pa,e l o
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
Table 1. President's Plaza III PBID, Estimated Five -Year Budget
Budget Items
Direct Costs
Landscape Maintenance
Landscape Water
Lighting and Landscape Electric
Landscape Repairs
Sweeping Services
Subtotal Direct Costs
Indirect Costs
District Administration
County Administration Fee
County Per Parcel Fee
Operating Reserve Fund
Parking Lot Fund
Insurance
Subtotal Indirect Costs
Total District Costs
District Statistics
Total Parcels
Total Parcels To Levy
Total Parcel Square Footage
Levy Rate Per Square Foot
Reserve Information
Beginning Reserve Balance
Ending Reserve Balance
Estimated Estimated Estimated Estimated Estimated Proposed
Budget Budget Budget Budget Budget Budget
2001 /02 2002/03 2003/04 2004/05 2005/06 2005/06
$ 3,360 $ 3,461 $ 3,565 $ 3,672 $ 3,782 $ 3,782
720 742 764 787 810 810
3,900 4,017 4,138 4,262 4,389 4,389
500 515 530 546 563 563
3,120 3,214 3,310 3,409 3,512 3,512
$ 11,600 $ 11,948 $ 12,307 $ 12,676 $ 13,056 $ 13,056
$ 3,000 $ 3,090 $ 3,183 $ 3,278 $ 3,377 $ 3,377
150 155 159 164 169 169
4 4 4 4 5 5
5,000 - - - - -
5,955 5,955 5,955 5,955 5,955 5,955
1,500 1,500 1,500 1,500 1,500 1,500
$ 15,609 $ 10,704 $ 10,801 $ 10,901 $ 11,005 $ 11,005
$ 27,209 $ 22,652 $ 23,108 $ 23,577 $ 24,061 $ 24,061
16 16 16 16 16 16
16 16 16 16 16 16
453,956 453,956 453,956 453,956 453,956 453,956
$ 0.0599 $ 0.0499 $ 0.0510 $ 0.0519 $ 0.0530 $ 0.0530
- $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000
$ 5,000 $ 5,000 5,000 5,000 5,000 $ 5,000
Parking Lot Fund Information
Beginning Parking Lot Fund
Balance $ - $5,955 $11,910 $17,865 $23,820 $23,820
Ending Parking Lot Fund Balance $ 5,955 $11,910 $17,865 $23,820 $29,775 $29,775
Notes:
1. All Budget items for FY 2002/03 through FY 2005/06 are increased by the proposed 3% inflation
factor except for the Parking Lot Fund and the cost of Insurance.
1111111'1llantial Palle 11
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
1111111 "illan tial 1'a,e 12
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
APPENDIX A - DISTRICT BOUNDARY MAP
The hcnuulary map f()r the District is ()n the f()ll()\x-iiig page Auu1 is inc;lusiVe ()f All parcels icientiheci
(Al the Cc nuit\ ()f Riverside Assessor's Parcel Map Bo Ok 627, Page 192.
1111111 "illan tial Palle 13
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
Iahil�it .\ 1�1�'1'RIC'1' 13Ol'\U.\Rl \[.\P I\SI-'R'1'I-'I) I IFRF
1111111 "illan tial Palle 14
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
APPENDIX B - DISTRICT ASSESSMENT ROLL
Parcel identificaticm, t()r rush l()t ()r parcel within the District, shall he the parcel as ()n the
Ccnuit\ .\ssessc�r's Map t()r the year in which this Rel-mi-t is prepared.
.\ listing ()t parcels assessed within this District, alcmg with the assessment Auncnults, is included (Al
the rO11O\\-ing page.
1111111 "illan tial Palle 15
President's Plaza III Property and Business Improvement District
Management District Plan, City of Palm Desert
Fiscal Year 200.5/0(
Table 2. President's Plaza III PBID Proposed Levy Information
FY 05/06
FY 05/06
Lot Size
Proposed
Proposed
APN
Situs Address
Property Owner
(sq ft)
Levy Rate
Assessment
627-1924)06
73185 I'S I Iighuay I I I
Ilinnon Real I.statc Imestment Inc
11,000
So.o53o
S 583.00
627-1O24u1O
73211 1'S I Iighuay I I I
llannon Real I.statc Imestment Inc
10,933
So.o53o
579.44
627-1')24114
73100 11 Rico
I1 Pasco Collection \orth
33,940
So.o53o
1,798.82
627-1924120
73160 11 Rico
Rural Stores Inc
11,980
So.o53o
634.94
627-1924121
73170 11 Pasco
Linder I);1\ id &
11,958
So.o53o
633.78
627-1')24122
73180 11 Pasco
W Rai I Icncicrson Md Inc
11,936
So.o53o
619.46
627-1')24123
73190 11 Pasco
Lyons Gan W
11,814
So.o53o
626.14
627-1')24124
73200 11 Pasco
I"-:u•no Xorton S
35,741
So.o53o
1,8 i-4.94
627-1924133
732411'SIIighuay III
Cc„tcrAssociates
43,560
So.o53o
2,308.68
627-1')24134
73101 1'SIIighuay III
IL„i l,lc
45,738
So.o53o
2,424.12
627-192413 i
73125 1 'S I I ighu ay III
I11-ou n C 11:1„i:1l I :1 .0
46,173
So.o53o
2,396.36
627-1')24136
73040 I ] Pasco
Cottcr lames I•
17,424
So.o53o
923.48
627-1')24137
73080 I ] Pasco
I1 Pasco ColIcclion \orth
34,848
So.o53o
I,808.60
627-1924138
73155 1'S I lighway I I I
IairGcicl I Ionic Inc
44,431
So.o53o
2,3 4.8-4
627-1')2413')
73195 1'S I Iighuay I I I
Ilannon Rcal I.statc Imc,in,cni Inc
21,932
So.o53o
1,138.26
627-1924141
73130 11 Pasco
I,anynnan 1):I\id I,anyn,,an airline
60,548
So.o53o
3,209.04
"Total
453,956
$ 23,893.90
1111111'1llantial Palle 16