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HomeMy WebLinkAboutRes 06-101 and 06-102 President's Plaza I BID Annual Budget FY 2006-07REQUEST: SUBMITTED BY: DATE: ATTACHMENTS: Recommendation: CITY OF PALM DESERT DEVELOPMENT SERVICES STAFF REPORT Approval of the Presidents' Plaza I (East/West) Business Improvement District Annual Budget for Fiscal Year 2006/2007. Martin Alvarez, Senior Management Analyst June 22, 2006 Resolution No. 06-ioi Resolution No. 06-102 President's Plaza I Property and Business Improvement District Management Plan Fiscal Year 2006/2007 District Map Waive further reading and adopt: 1. Resolution No. 06-10J approving the Presidents' Plaza I Business Improvement District Budget for Fiscal Year 2006/2007. 2. Resolution No. 06-102, ordering the levy and collection of assessments for the Presidents' Plaza I Property and Business Improvement District for Fiscal Year 2006/2007. Discussion: The Presidents' Plaza I Business Improvement District was re-established in 2003 for a 5-year term. The District includes properties generally located on the south side of Highway 111 and on the north side of El Paseo, between Portola Avenue and Larkspur Lane. The City administers the District and collects annual assessments to pay for parking lot landscape maintenance, parking lot lighting, street sweeping, and waste collection within the common parking lot areas. The District is in the third year of the 5-year term and the only modification to this year's budget is the allowed three percent cost of living adjustment. The Presidents' Plaza I Advisory Board (El Paseo Merchants Association) met on June 15, 2006, to review the annual budget for Fiscal Year 2006/2007. An oral report will be provided to the City Council regarding their recommendation. The attached resolutions will approve next Fiscal Year's budget and allow the City to levy and collect the annual assessments for Fiscal Year 2006/2007. Staff Report Presidents' Plaza I Budget FY 06/07 Page 2 of 2 June 22, 2006 Staff recommends that the City Council approve the attached resolutions. Submitted By: Department Head: C Martin Alvarez Homer Croy ACM for Development Services Senior Management Analyst Approval: Carlos L. Ort City Manager Paul Gibson Director of Finance CITY COUNCIL,ACTION: APPROVED DENIED RE IVED OTHER • MEETING DATE (p . Q to AYES: �E n eri Kel NOES : -10 '� ABSENT: Aid)•€ ABSTAIN: AdZ^Q.. VERIFIED BY: �V1 Original on File witl tz y r (.yuSayi Clerk's Office RESOLUTION NO. 06-101 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, APPROVING THE MANAGEMENT DISTRICT PLAN FOR THE PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT ASSESSMENT DISTRICT, FISCAL YEAR 2006/07 The City Council of the City of Palm Desert (hereafter referred to as the "City Council") does resolve as follows: WHEREAS, in Fiscal Year 2003/04 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 XII!D conducted proceedings for the renewal/formation of the President's Plaza Business Improvement District I (hereafter referred to as the "District"), and the levy of annual assessments connected therewith; and, WHEREAS, on April 10, 2003 the City Council held a full and fair public hearing regarding the renewal/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, 2003 and ending June 30, 2008 pursuant to the Code; and, WHEREAS, upon conclusion of the public hearing of April 10, 2003 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 renewal/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 El Paseo Business Association 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 2006/07, 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 I Property and Business Improvement Assessment District, Fiscal Year 2006/07"; and, RESOLUTION NO. 06-101 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. 06-101 PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert City Council, held on this day of 2006, by the following vote to wit: AYES: NOES: ABSENT: ABSTAINED: ATTEST: RACHELLE D. KLASSEN, CITY CLERK CITY OF PALM DESERT, CALIFORNIA JIM FERGUSON, MAYOR 3 RESOLUTION NO. 06-102 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS FOR THE PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT ASSESSMENT DISTRICT, FISCAL YEAR 2006/07 The City Council of the City of Palm Desert (hereafter referred to as the "City Council") hereby finds, determines, resolves and orders as follows: WHEREAS, on April 10, 2003 the City Council called and duly held a public hearing and property owner protest ballot proceedings for the President's Plaza I 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, 2003 and ending June 30, 2008, 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 April 10, 2003 did cast their ballots resulting in the approval of the District renewal/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 renewal/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 2006/07 and has prepared a Report in connection with the District for Fiscal Year 2006/07, 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 I Property and Business Improvement Assessment District, Fiscal Year 2006/07"; 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. RESOLUTION NO. 06-102 Section 2 The City Council desires to levy and collect the annual assessment for President's Plaza I Property and Business Improvement Assessment District for Fiscal Year 2006/07 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, 2006 and ending June 30, 2007 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 2006/07. 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 I 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, 2006 and ending June 30, 2007. 2 RESOLUTION NO, 06-102 Section 8 The City Clerk is hereby authorized County Auditor upon adoption of this Resolution. PASSED, APPROVED, AND ADOPTED at City Council, held on this day of AYES: NOES: ABSENT: ABSTAINED: ATTEST: RACHELLE D. KLASSEN, CITY CLERK CITY OF PALM DESERT, CALIFORNIA and directed to file the levy with the a regular meeting of the Palm Desert 2006, by the following vote to wit: JIM FERGUSON, MAYOR 3 D 40ESERIftY a.. City of Palm Desert PRESIDENT'S PLAZA I BUSINESS IMPROVEMENT DISTR I CT I 0 Feet 200 4P6 IlLit mit 1101 - POltaiDlEgEniAllejait"" SIVANEWRVIYA111 PA SE-' ,,ITE70A.21(0,6p3DR I 1:1 EL. 11, OE L; z. CITY OF PALM DESERT MANAGEMENT DISTRICT PLAN PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT FISCAL YEAR 2006107 Intent Meeting June 8, 2006 Public Hearing June 22, 2006 � MuniFinancial Corporate Office: Office Locations: 27368 Via lndustria Anaheim, CA Suite 110 Lancaster, CA Temecula, CA 92590 Los Angeles Regional Office Tel: (951) 587-3500 Oakland, CA Tel: (800) 755-MUNI (6864) Fax: (951) 587-3510 Phoenix, AZ Sacramento, CA Seattle, WA www.muni.com TABLE OF CONTENTS I. OVERVIEW ....................................................................................................................2 A. Introduction .......................................................................................................... 2 B. Renewal/Formation ........................................................................................... 2 II. DESCRIPTION OF THE DISTRICT .......................................................................3 A. Description of the District Boundary .............................................................3 B. Description of the Improvements and Activities ........................................ 4 C. Special Benefits of the Improvements and Activities ................................ 4 III. METHOD OF APPORTIONMENT ......................................................................... G A. Method of Apportionment Rationale ............................................................. G B. Method of Apportionment Calculations .......................................................9 IV. DISTRICT BUDGET .................................................................................................13 A. Description of Budget Items ...........................................................................13 B. District Budget ....................................................................................................16 APPENDIX A— DISTRICT BOUNDARY MAP ...............................................................18 APPENDIX B— PARCEL LEVI' INFORMATION ......................................................... 20 APPENDIX C —ASSESSMENT ROLL ...............................................................................21 President's Plaza I Prope�ty and Business Imptovement District Management District Plan, City ofPalm Dese�t Fiscal Year 200G/07 I. OVERVIEW A. Introduction The Cit�- of Palm Desert (the "City") formed and established the President's Plaza I Propern- and Business Improvement :�ssessment District (the "District") beginning in Fiscal �'ear 1998/1999 to pro�-ide improvements and activities that confer special benefits upon real propert�� ��7thin the boundaries of the District. The District �vas established and le��ied pursuant to 1'�npert�y� and Busi�ress Improa�ement District Lau� of 199-�, Part ? of Diz�i.rion 18 of tl�e Caltfornia Streets and Highava�y�.r Corle (the "Code"). Pursuant to the Code, propert�- o�vners «7thin the District submitted a signed petition requesting formation of the District. The District �cas successfully formed for a term of five }'ears and a maximum assessment �vas approved b�� the propert�- o�vners through an assessment ballot proceeding, conducted according to protrisions of t�ie Galifo��ia ConsLitrsiion .�rticle XIIID ("California Consdtution"). Under the pro�-isions of the Code, the propern� o�vners «rithin the District may renet�� thc District for a maximum term of ten (10) years. Pursuant to the Code, and the pro��isions of the California Constitution, the propertt- owners ��ithin the District approved the continuation of the District and assessments for an additional five years and on :�pril 10, 2003 the Cit�T authorized the funding for improvements and activities authorized within the District for a period of five �-ears (Fiscal Years 2003/200�1 through 2007/2008). This I�4anagement District Plan — l�nnual Report (the "Report") describes the District, improvements and activities, method oE apportionment, the proposed assessments for the current fiscal �-ear, and the maximum assessment proposed for the five- year duradon of the District. The proposed assessments are based on the estimated cost to provide the impro�-ements, activities, and operations that protride a direct and special benefit to properdes �vithin the District. The costs of improvements, acti�rities, and operations include all expenditures, deficits, surpluses, revenues, and resen es. The ���ord "property�," for the purposes of this Report, refers to real propert� situated �vithin the District, and identified as an individual property or parcel assigned its o�vn :lssessor's Parcel �lumber (.�1PN) b}� the Count}- of Riverside :�ssessor's Office. The Count�� of Riverside Auditor/Controller uses AP�Is to identiEv on the tax roll parcels and properaes assessed for taxes, special assessments, and fees and charges. B. Renewal/Formation Pursuant co the Code, the renewal of the District requires similar proceedings to that of the initial District formation. A �vritten peuuon of the propert}� ow-ners within the District, representing more than �0 percent (50°�'0) of the proposed assessment to be le�•ied �vas submitted to the Palm Desert City Council. The City Council initiated proceedings for the formation of the District b}- adopting a resoluaon expressing its intention to form the District. The resoludon of intention contained the �Ianagement District I'lan and the time and place of a public hearing on the establishment of the District and le��� of assessments. 1�lariuPi�runcinl Pc�e 2 President's Plaza I Property and Business Impto� ement District Management District Plan, City ofPalm Desert Fiscal Year 2006/07 ��'ithin 90 day�s of adopung thc resolution of intenrion, the Cit�� Council held a public hearing on the matter, and caused nouce to the property� o«ners pursuanr co Secuon 549�4.0 of the Go� ernment Code. �'lssessment ballots (propert�- o�vner protest ballots) ���ere mailed to each properri- o�x�ner at least �� da}�s prior to the public hearing pursuant to the Ca/fornia Co�tstilatlion. I'ursuant to the Code, the Cin• Council also caused the publication of the resolution of intention in a ne�vspaper of general circulation; mailed the resolution of intention bti� first-lass mail to each propertt� o�vner in the District and to each local chamber of commerce and business organizadon located «-ithin the District. At the public hearing the Cin- Council pro�-ided the public and propertt- o«mers an opportunih� to pro��idc oral protests and u�ritten protests prior to the adoption of thc I�lanagement District I'lan. Pursuant to the Califo��ria Co�r.rtiirriio�r, the Citti� Council tabulated property� o��-ner assessment ballots receii>cd from propertt- o�vners to deterrrune whether a majorit�� protest esisted. It �t-as determined and declared by� resolution that majorin� protest did not e�:ist and the propern' o�eners confirmed and appro��ed the assessments. Pursuant to the Code, the Citt� Council appointed an �dt-isor� Board for the District. This :1d�risory Board shall make �-ear1�- recommendations to the City Council on the expenditures of rerenue deri�-ed from the le��y of assessments and on the classification of properties as applicable. At least one member of the �d�-isorS' Board shall be a business licensee ��rithin the llistrict �vho is not a property- o«�ner «�ithin the llistrict. This Adtrisorj� Board shall cause to be prepared a report each tiscal year for �vhich assessments are to be le�ried and collected. Said annual report shall be filed �vith the Cit� Clerk and shall contain: an�- proposed changes to the district boundan•; the impro� ements and activities to be provided that }-ear; the estimated costs for that �-ear; the method of assessment; the amount of an}- surplus or deficit; and contributions from other sources. 1'he Cit�; Council ma�� appro�•e the report as submitted or as modified. II. DESCRIPTION OF THE DISTRICT A. Description of the District Boundary The District consists of all parcels located in the commercial business area kno«�n as the President's Plaza �vithin the Citt- of Palm Desert, Countj� of Riverside. The District includes forn�-turo (-�2) assessed commercial parcels and three (3) non-assessed parking lot parcels and one (1) non-assessed easement/�vall��va}� parcel. The boundar�> of the proposed District (Presidents Plaza) and the parcels therein are located South of Palm Desert Dri��e at High�va}' 111; North of El Paseo; �k'est of Portola .-��enuc; and East of Larkspur Lane. President's Plaia is commoniti referred to as President's Plaza Fast (1'he arca east of San Luis Re�- �venue); and President's Plaza ��'est (1'hc arca �vest of San I.uis Rey� :�venue) located �vithin the boundaries of the District. �L11uri1-�r�run<in! Pn,oe i President's Plaza I Property and Business Impmvemen� District Management Drstrict Plan, City ofPalm Desert Fiscal Year 2006/07 B. Description of the Improvements and Activities In an effort to enhance and impro�-e business opportunities and the appearance of the area l�nown as the President's Plaza, the Cih- pro�ided funds for the renovation and capital improvement of the parking lot and landscaped areas related to this commercial business center. In conjunction «rith this renovation, President's Plaza I Propert�� and Business Improvement District �vas formed in 1998 to provide and ensure the continued maintenance of the impro� ements after the renovations had been completed. In 2003, the propern- o�vners renewed the District for another fi��e (5) S-ear term; therefore, the assessments generated will condnue this maintenance. It has been determined that the properties u,rithin the District and the businesses associated �vith those properties receive special and distinct benefits from the improvements and acti�ities to be funded through the assessments. The impro�-ements include the necessart- acti�-ities, ser4ices, operation, administration, and maintenance required to keep thc impro�•ements in sadsfactor5> condition including labor, material, and equipment. The ser��ices ma}> include but are not limited to regular maintenance, repair, removal or replacement of all or an}� part of the improcements including remo�-al of trimmings, rubbish, debris and other solid �vaste; the cleaning, sandblasting, and repainting of walls and other impro�-ements to remove or co�rer graffiti; providing for the growth, health and beauh- of landscaping and lighting including cultication, trunming, spray7ng, fertilizing or treating for disease or damage as �vell as supply-ing necessarS> irrigation and electrical energ��. The specific improvements and acuvities include: Parking lot landscaped areas — including but not lirxuted to: ground cover, shrubs, trees, plants, irrigation and drainage systems and associated appurtenant facilities, and, • Parking lot lighting facilities — including but not limited to: bulbs, fixtures, poles, w-iring, and electrical energ�-, and, • Debris remo�ral — including but not limited to: solid waste containers, refuse collection services, and regular mechanical sweeping of the parking lot. The costs associated «rith the unpro�ements are equitabl}� spread among all benetiting parcels within the District utilizing the method of apportionment described in Section III of this Report. 'I'he total funds collected shall be dispersed and used for onl}- the ser��ices and operaaons provided to the District. C. Special Benefits of the Improvements and Activities l�ssessed properdes u�ithin the District receive special benefits from one or more of the improvements and activities funded through the District assessments. Specificallti�, lighting and landscaping amenities w�ithin the parking lot, regular sweeping of the parking lot, and refuse collection ser�-ices and faciliaes. .tiluniFina�rcial Page =� Ptesident's Plaza I Property and Business Improcemeat District Management District Plan, Citv ofPalm Desert Fisca! Year Z006/07 "1'he special benetits of lighting (parking lot lights) are the convenience, safen-, and securit5� of propert��, impro�-ements, and goods. Specificalh-: 1. Cnhanced deterrence of crime and the aid to police protection. 2. Increased nightume saferi• for patrons and emplot�ees. 3. Impro��cd ��isibilin- for pedestrian; and motorists. -1. Impro�-ed ingress and egress to propertF•. �. Reduced �-andalisin and other cri�ninal acts and damage to impro��ements or property�. 6. I�nhanced aesthetic appeal of the parking area and the properties that are associated �i7th the parking area. 7. Increased promotion of business acti�-ities and opportunities during nighttime hours. The benefits associated «zth landscaped islands and medians �nthin the parking lot are specificallt-: 1. Impro� ed aesthetic appeal of the parking area and nearb�- parcels. 2. Improved dust control. 3. Enhanced adaptation of the urban environment «7thin the natural environment. �. Improved traftic circulauon. 5. .�1 positi` e representation of the businesses «rithin thc District. 6. Centralized locations for refuse collection facilities. Debris remo�al (parl:ing lot sweeping) and refuse collection are essenual and necessart� activities for all properties—particularly commercial properties. These acti��ties and ser�ices are proposed to be funded through the assessments solel�• for the special benetit of properaes and businesses «rithin the District. The benefits associated ���th these ser�ices are: 1. �:nhanced aesthetic appeal of the parking area and the properties that are associated u�ith the parking area. 2. Improved dust control. 3. _1 posia��e representa�ion of thc businesses «ithin the District. �. A centralized location of refuse collection facilities and a�ailabilin� of the sere-ice that w•ould other�ti-ise require individual facilities that could be cost prohibiti�•e and ph�-sically restricti�-e. 1'hc on-going operation and maintenance of the land�caping and lighting improvcments, s�veeping, and refusc: collection senices pro�ide no measurable general benefit to other properues outside the District or to the public at large. Therefore, these impro�-ements and the corresponding assessments hati e been identified as 100° o special benefit to parcels «-ithin the District. .L1nuiFirrn�rua! Pr�qe .� President's Plaza I Property and Business Improvement District Management Disuict Plan, City ofPalm Desert Fiscal Year 2006/07 III. METHOD OF APPORTIONMENT A. Method of Apportionment Rationale The costs of the District impro��ements have each been apportioned by- a formula and method that fairl}- distributes the net amount to be assessed among all assessed parcels in proportion to the esamated special benefits to be recei�-ed b}� each such parcel from the impro��ements. Parking Lot Improvements and Services: rlssessed parcels ��ithin President's Plaza are adjacent to centralized parking faciliaes (lots) that provide access, parking, and deli�rer5- areas for the businesses and parcels �vithin the District. Each parcel deri�-es special benefit from the parking lot improeements and the ser�-ices and activities necessary' to maintain the parking lot. The improvements include several landscaped islands and medians, lighting facilities, and s��eeping senices. Each assessed parcel �L-ithin the District receives a direct and special benefit from these unprocements and shares proportionatel� in the cost of maintaining the parking lot. The parking area consists of the three parcels that are entirelti� parking lot area and portions of many of the assessed parcels �i�ithin the District. The three parcels that are entirely parking lot area parcels (627-212-016; 627-221-011; and 627-222-043}, and one easement/�valkwa� parcel (627-222-042) receive no special benefit from the improvements and are not assessed. In determining the method of appordonment for these impro��ements, each parcel's benetit is based on the parking area adjacent to, and associated with, each parcel. Therefore, it has been determined that a fair and reasonable reflection of each parcel's benefit for the parking lot improvements shall be based on the approsimate front footage adjacent to the parking area. I�fost parcels w7thin the District front the parking lot on onl}� one side (north or south side of the propern�). To ensure a reasonable and equitable apportionment of special benefit, parcels that front the parking lot on more than one side (corner properties), are on1�- assessed for their front footage along the north or south side of their propertv adjacent to the parking lot. Solid Waste (Refuse) Collection Services: Establishing separate refuse receptacles for each parcel or business �tnthin President's Plaza, and thereby� allo�ving for separate charges and agreements for this seroice, is not possible due to limited space and accessibilit;t�. Therefore, several common refuse containers have been placed �tnthin the parking lot area for use b5� all the properties and businesses «7thin the District. Historicallv, all developed properties within President's Plaza have shaxed proportionatel}� in the costs associated ���ith refuse collection based on the building square Eootage oF �he structures on each parcel. In determining the method of apportionment for refuse collection ser�ices, the possibilit�- of factoring in business tepes as well as building square footage �vas considered. How�e� er, the inclusion of business t��pes in the calculadon of an annual assessment poses several tbirariFinu�rcia! Pa�e G President's Plaza I Property and Business Improvement District Management District Plan, Citj• ofPalm Desen Fiscal Year 2006/07 problems. 1-'irst, many of thc parccls assessed include multiple business t�pes, �vhich could require a complet calculation to identifi potenual use of the sert-ice. Second, businesses often change from �-ear to � ear or e�-en month to month making specific business related assessments difficult to track and expensi�-e to administer. Third, establishing a method of apportionment that is business-specific rather than parcel-specific �rould likelti• result in annual changes for each parcel's assessment e�•en if the cost of the service �vas unchanged. Finallti•, the le�-e1 of ser�•ice (number of pick-ups and receptacles) has changed rer�� little over the last several y�ears. rllthough man�- of the businesse. and business tti�pes ha� e changed �ti�ithin the District, the total cost of pro�riding this service has remained fairl�- constant. In contrast, it is not reasonable to assume that all de�-eloped parcels utilize or require the same lc�-e1 of refuse ser�-ice—n-picall�• the lar�er the building, the greater amount of refusc is generated. Therefore, it has becn dctermined that a fair and reasonable estimate of cach parcel's benetit for refuse collection is the appro�imate building square footage determined for each parcel. '1'he District currently consists of fort�'-tw�o (�2) developed commercial properties and four csempt propertics (not assessed). The four esempt properties include three parl:ing lot parcels and one easement/�t-alk�i-a5� parcel. There are no vacant parcels remaining w�thin �t�ith District. (I�Tote: `�'hen the District �vas tormed in Fiscal I'ear 1998/1999, there u-ere fortc commercial de�-eloped properties and three commercial �acant properties.) l�is noted previously�, due to lunited space and accessibilit�-, it is noc possible for each parcel or business �t-ithin I'resident's Plara to have separate containers or agreements «-ith thc ��aste hauler. I Io�ve��er, it is recognized that the baseline le� el of ser��ice (i.e., number of bins, size of the bins and frequenc}- of sereice) established for the District may� not be adequate or appropriatel�- reflect the needs of changing business writhin the District. Therefore, the follo�c�ing considerauons and criteria shall be follo�ved ��hen the le� el of ser�-ice pro��ided requires moditications: 1. If the le�el of ser�-ice is reduced, the incremental cost sa�-ings (if an}-) «rill be re�ie«-ed and applicd as follo���s: a. Resene I�und :�ccount — 1'he CitS� staff and the :'�d��ison- Board w-ill evaluate the existing available Reserc-e N'unds to ensure an acceptable amount of money' is being retained for normal annual operation of che District. Based on this e�aluation, the Advisor�- Board «711 modif� the annual report (recommendation to the Ciry Council) to apply all or a poruon of the cost sa��ings to the Resen-e :�ccount. :1 full�� funded Reser�•e is an amount cqual to approximatel�- one half of all annual operating expenses. Ho�vcver, most operating resen-es are n-picall� lcss than �0°-0, but greater than 25°-0 of all annual operaring expenses. b. Reduced :lssessments —:'�fter revie�ving the Reserve .�ccount, an�� cost savings not applied to the Reser� e:�ccount (Reser��e Pund Collection) «-ill be passed on to each parcel «�thin the District b�� reducing their annual assessment for the next fiscal y-ear, in proportion to their estimated Uenefit (method of apportionment). 2. If the level of sen-ice is increased, the incremental cost increase (iF an5�) tvill be reirie�ved and applied as follow�s: .bluniFinancia! Pnge 7 President's Plaza I Property and Business Improvement District Management District Plan, City ofPalm Desert Fiscal Year 2006/07 a. Increased service District-w-ide — ��G1zen the current District �vas reneu�ed/formed, an assessment range formula was appro� ed. This formula prot�ided for anticipated cost of living increases, but also allo�ved some flexibilin� for increased costs due to increased le� els of ser��ice. If an increased le� el of service is required for the entire District, the increase is reflected in the annual budget. This budget increase ���ill n�picall}� facilitate a proportional increase of the annual assessment. If the increased cost results in an assessment rate that exceeds the ma:zimum assessment allo�ved, then resenre funds «711 be used to reduce the annual assessment to the ma�mum assessment allowed. If the reserve fund is not sufficient to co�rer the cost increase, the Cin� Council may� pro�ride a�emporary loan to the District or conduct a propern o«�ner ballot proceeciing for an assessment increase. b. Increased service for one parcel — u'hen the current District �vas renewed/formed, a baseline assessment rate and level of service was established for all properties within the District. :�s businesses �vithin the District change or continue to gro�v, these businesses mati• facilitate a need for an increased level of sen�ice, but it is not fair or equitable to spread the cost of this increased sereice to other properties u�ithin the District. Therefore, if a business requires an increased le� el of sen-ice that particular business o���ner or the property ou�ner must pa}' the resulting cost increase as a surcharge. Either the Cit�- or the propert� owner maz� initiate the need for an increased sen�ice level. The City Council shall make the final determination as to the appropriate mechanism by �vhich the increased level of service �vill be provided. 'I'he increased level of service ma}- be accomplished by: • Increasing the number of pick-ups on the specific bin(s) used by the propertt� or business. • Increasing the size of the specific bin(s) used b� the propern� or business if space permits. • Pro�ride separate bin(s) for the property� or business if space and accessibilit}� permits. • An� combination of the above. The costs associated «7th the increased level of service shall be the obligation of the business and/or properh� owner pro�rided the additional service. Pa�ment for the increased le� el of sen�ice shall be re��ie�ved b� the :�d�risorj� Board, �vhich �i-ill make a recommendation to the City Council for approval. The additional cost of pro�-iding the increased le�•el of service ma�- be added to the annual assessment for the propert�- as a surcharge (in addiaon to their annual assessment), upon �vritten petition of the property� owner and approval bj� the Cin� Council (This may require a signed agreement bet-cveen the property� o�vner and the Cin� of Palm Desert). Ho�vever, before an�- action is taken to add a surcharge to the property� tax roll as part of the propert�-'s annual assessment, the properh- ow�ner/business shall work urith City staff and the :ldvisory' Board to establish the additional service and arrange for direct pa�=ment to the service to the waste hauler or the City if at all possible. :ilrrniFincrncin! Page 8 President's Plaza I Propert3� and Business Improvement District Alanagement District Plan, City ofPalm Desert Fiscal Year 2006/07 B. Method of Apportionment Calculations The apportionment of benefit �vithin the District utilizes a�veighting tactor kno��-n as a ]3enefit L�nit Factor (I3UF). �:ach parcel's BUF' represents a percentage of the total BL'P applied. Depending on the unpro�•ement or acd�-it�- pro�-ided, the BUF assigned to each parcel is based on either the parcePs development (approsimate building square footage) or the parcel'. area of impro�-ement (front footage to the parking lot). "The cost of refuse collection .er�7ces is apportioned based on each parcel's approximate building square footage. ��ll other impro�-ements and sen-ices funded through the District are associated «�ith the parking lot. The total cost ot the parl;ing lot impro�-ements and ser��ices is apportioned to each parcel based on cheir front footage to the parking lot. "I'he sum of each parcel's proportionate share oE refuse costs and parking lot costs repre�ents the parcel's Total Direct Cost. In addition to a parcel's 'I'otal Direct Cost, each parcel is assessed for administration expenses and a reser�-e fund collection (Indirect Costs). The Indirect Costs for each parcel hat-e been apportioned b}- a percentage of the parcel's Direct Costs, not to exceed fifteen percent (15°%). Therefore, each parcel's Total �lnnual As�essment is the sum of its proportionate share of the Total Direct Cost and "1'otal Indirect Costs. _�Ithough each parcel's proportional benetit and assessment for each improvement is calculated indi��iduall��, each parcel's maximum assessment is based on the parcel's combined assessment for all costs and services. The rate applied to an}- one improvement or ser�ice ma�� e�ceed the maximum rate originallti• established, pro�•ided the parcel's combined assessment does not exceed the combined maaimum assessment established for the propern� (excluding changes in land use or de� elopment). "I'he County� requires that all annual assessments le�ried and submitted for collection on tas bills be rounded to the nearest e� en penny, thus allo��nng the total assessment to be split into h��o installments. In order to compl}� w�th the Count}''s requirements, the calculauon of each assessment component (i.e., refuse costs, parking lot costs and indirect costs) is rounded to thc nearest e�-cn penn}� and then added together for the parcel's Total Annual :lsscssment. 1"he follow7ng describes the general method used to arrive at each parcel's proposed assessment: Apportionment of Direct Costs Refuse Collection Assessment: 'I'he "I'otal Refuse Cost estimated for refuse services is based on the Cin's contract �ti7th the waste hauler for sercice to President's I'laza. This Total Refuse Cost di�ided b�- the estimated Total Building Square Pootage establishes a Rate per square foot. This Rate multiplied b�- each parcel's estimated building square footage equals the parcel's proportionate share of thc refuse ser�-ice cost (rounded to the nearest e�-en penm-). _��IA711FiIlQI1�71lI 1'�q�' �� PresidenYs Plaza I Property and Business Improvement District Management District Plan, City ol'Palm Desert Fiscal Year 2006/07 Total Refuse Cost / Total Buildfng Square Footage = Rate per Square Foot Rate x Parcel Building Squate Footage = Refuse Assessment Note: For purposes of calculating the refuse assessment, the building square footage for each parcel has been rounded to the nearest hundxed square feet. Refer to _�ppendia "B" for building square footage applied. Refuse Adjusted Rate Budget (per Sq. Ft.) First Fiscal Year � 103,000 $0.357 Second Fiscal Year $ 10G,090 �0.367 11vrd Fiscal Year $ 109,273 �0.378 Fourrh Fiscal Year $ 112,551 $0.390 Fifth Fiscal Year $ 115,927 $0.401 Currentlj- fort�-tt�o (42) developed commercial properties writhin the District are assessed for refuse collection services based on approximate building square footage. (Refer to tlppendix C for individual Refuse assessments). Four (4) parcels are esempt properties and currently not assessed for refuse collection sen•ices: ihree parking lot parcels 627-212-016, 627-221-011, and 627-222-043 and one easement/walklvay parcel G27-222-0=�2. Parking Lot Assessment: The Total Lot Cost estimated for parking lot improvements and services (maintenance) is based on the estimated annual costs to maintain the landscaping, lighting, and mechanical s�veeping of the parking lot �vithin President's Plaza. This Total Lot Cost divided bti� the applied parking lot To�al Front Footage, establishes a Rate per front foot. This Rate multiplied b�- each parcel's applied front footage equals the parcel's proportionate share of the parl:ing lot maintenance costs (rounded to the nearest even penny�). Tota! Lot Cost / Total Ftont Footage = Rate per Front Foot Rate x Parcel Front Footage = Parking LotAssessment I�ote: For purposes of calculating ihe parking lot assessment, each parcel's front footage is based on either the pazcel's northern or southern lot line footage rounded to the nearest fire feet. Refer to _�ppendie "B" for front footage applied. ll:rniFinnncial Page 10 President's Plaza I Propem� and Business Improvement District Management District Plan, City ofPalm Desert Fiscal Year 2006/07 First riscal Year Second Fiscall'ear Third Fiscal Year Fourth Fiscal Year Pifth Piscal Year Parking Lot :-�djusted I3udget $ 26,G00 $ 2?,398 $ 28,220 $ 29,067 � 2),939 Ra te (per Fr. I�t.) $7.122 $i335 $7.556 $7.782 $8.01 G (:urrendy four (�#) parcels are identified as e�cempt parcels and recei��e no special benefit from the parking lot improvements and ser�rices. These four etempt properties include threc parking lot parcels (G27-212-016; 62%-221-011; and 62?-222-0-�3), and one easement/�ealk�va�- parcel (627-222-042). :11t other parcels «-ithin the District recei��e direct and special benefits from the parking lat impro� ement� and sereices. Each of these parcels is assessed proportionatel�- based on their northern or southern front Footage adjacent to the parking lot. Apportionment of Indirect Costs 'I'o ensure the impro�-ements, acti�•iaes, and ser�-ices pro�•ided and funded through the District are continued, each parcel is proposed to be assessed for operational costs (Indirect Costs). '1'hese Indirect Costs include all espenses related to the aciministration of the District as well as the collection of monej� towards a Reserve Fund. 'I'he annual assessment for Inciirect Costs has been established at fifteen percent (1�°%) of the Total Direct Costs assessed to each parcel. The sum of each parcel's proportionate share of refuse costs and parl:ing lot costs represents the parcel's Direct Cost. This Direct Cost multiplied b}- fifteen percent (1�°.'0) represents each parcel's proporaonate share of the Indirect Costs. Parcel's Total Direct Cost X IS% = Iadrrect Assessment Operation ��irst Fiscal �'ear Second Niscal Year "I'hird Fiscal I'car Fourth Fiscal Year Fifth Fiscal Ycar :tl�rnrFiirancza/ :�djusted Budget (15°%0 of Direct Cost) � 19,��0 $ 20,023 $ 20,62� $ 21,243 S 21,880 Pn�e ] l President's PJaza I Property and Business Improvement Distnct Managemeat Disttict Plan, City ofPalm Desert Fiscal Year 2006/07 Total Annual Assessment Each parcel's 'I'otal rinnual :lssessment is the sum of their proportionate share of the Direct Costs and Indirect Costs. The preceding description of the method of apportionment outlines the estimated cost and rates applied for the District and the ma�imum amount projected. 1'he maximum projected amounts �vere determined b�- apply�ing an annual inflationar5' factor of three percent (3°io) o� er the Eve-��ear durauon of the District based on the first ��ear assessments. 11uniFinnnc•io! Pn�e 12 President's Plaza I P�opert}� and Business Improvement District Management District Plan, City ofPalm Deserr Fiscal Year 2006/07 IV. DISTRICT BUDGET A. Description of Budget Items Direct Benefit Costs Landscape Maintenance Contract—Includes all regularly scheduled labor, material (c.g. pipe, fertilizer, insecticides), and equipment required ro pro�erl�- maintain and ensure the satisfacton- condition of all landscaping, irrigation and drainage sti•stems, and appurtenant facilities. �11 landscaping impro��ements �nthin rhe District are contracted for maintenance and ser�--ice on a regular basis. "1'he frequenc�� and specific maintenance operations rec�uired «�ithin the I�istrict is determined b�- City staff, but is generally scheduled �veel:l��. Landscape Watet—�: tilin- cost to furnish «ater required landscape irrigation. Landscape Electric—Utility� cost for furnishing of electricit�- required for the operation of thc irrigation s�-stems and ornamental lighting. Landscape Repaits=l'his item includes repairs that are not normall�- includcd in the rearlF• maintenance contract costs. "I'his may include repair of damaged amenities due to � andalism and storms. :,lso included ma�- be planned upgrades. 'I'hese upgrades could includc replacing plant materials or renovation of irrigation s��stems. Lighting`I'he furnishing of electricit�� required for the operation and maintenance of the lighting facilities. '1'he Cin� contracts for the furnishing of its electricit�- for street lighting, 1x�hich includes normal maintenance and bulb replacement. This cost does not include repairs or replacement of damaged facilities due to �-andalism, accidents or storms. Sweeping Setvlces ���eekl}' cleaning of the parking lot and gutters using a contracted, mechanized ser�-ice. So/id Waste Removal Services The furnishing of bins and bi-«,eekly� collection of solid �vaste. The Cit�� contracts �ti-ith the �vaste hauler for this ser�>ice. Onl�� developed properues («rith a structure) recei�e special Uenefit from this ser�•ice and are assessed for this ser�-ice. .1•1r�niFnrarr�in/ Pu,�e 13 President's Plaza I Property and Business Improvement Distnct Management Distnct Plan, City ofPalm Desert Fiscal Year 2006/07 Indirect Benefit Costs Dtstrict Administtation The cost to all departments and staff of the Cin-, for providing the coordination of District ser�-ices, operations and maintenance of the District, response to public concerns and education, and procedures associated with the le��� and collection of assessments. This cost also includes contracting urith professionals to proride additional administrati� e, legal, or engineering sen ices specific to the District. Count}r Administtation Fee This is the actual cost to the District for the Count� to collect District assessments on the property tax bills. This charge is based on a flat rate per fund number. County Pe� Parcel Fee--This is the cosc to the District for the Count�- to collect assessments on the property tax bills. This charge is on a per assessment basis, at $020 per assessment, and is in addition to the Count�- Administration Fee. Miscellaneous Expenses This is a fund for additional costs related to District administration including required formation, documentation, recordation, and legal fees. Reserve �'und Collection The Reserae Fund provides for collection of funds to operate the District from the time period of Jul}• 1(beginning of the Fiscal Year) through Januan� when the Count}- provides the Cin- «7th the first installment of assessments collected from the properh- tas bills. The Aesen�e Fund eliminates the need for the Ciry to transfer funds from non-District accounts to pa}� for District charges during the first half of the fiscal �ear. The Reserve Fund ma�� also be used to offset an�� unforeseen costs such as repairs, legal fees, revenue deficits, or increased costs due to inflation or contractual agreements that are greater than originally� planned. Levy Breakdown Total Direct atid Indirect Costs This is the sum total of all budgeted Direct and Indirect costs. Anticipated Defteit/Sutplus This item ma}' include anticipated costs of the District that exceed the amount to be collected. This item also reflects beginning balance deficits. ��'hen the actual cost and eYpenditures for the District �vere greater than the amount budgeted and collected in the prior tiscal �ear, the District has a Beginning Balance Deficit. This deficit ma�> be the result of unforeseen and extraordinary costs incurred, or assessments actually collected �rere less than anticipated. �,�'hen a deficit occurs, the deficit amount ma� be added to the amount to be collected through the le��� for the current fiscal j�ear or reco� ered through use of the Resen�e Fund. ��'hen the actual costs and expenditures for the District are less than the amount budgeted and collected in the prior fiscal ��ear, the District has a Beginning Balance Surplus. ��'hen a surplus occurs, the amount may� be used to reduce assessments or ma}� be added to the Resen-e Fund. 11uniFiirancia! P�ge 14 President's Plaza I Property and Business Impro� ement District Management District Plan, Cit�� ofPalm Desert Fiscal Year 2006/07 Othet Revenue Sources=I'his item may include additional funds designated for use b}- the District that are not from District assessments. These funds are added to the District account and ma�� be added to the Resen�e Fund or used to reduce assessments, and ma�� be from either non-District or District sources including Cin- General Fund Contributions or interest earnings on the Reser� e Fund. Contribution Replenishment The Contribution Replenishment represents repa�ments of amounts that had been temporaril}` advanced b�- the Citi- to co�-er costs associated w�th the improvements. It is anticipated that the City- �vill provide a temporar}� loan to the District to continue the improcements and ser�-ices in the first fiscal }•ear until the tlrst assessments are collected. "I'his loan «--ill be repaid in the tirst fiscal �-ear and is not reflected in the budget. Balance to Levy This is the total amount to be le��ied and collected through assessments tor the current tiscal )'ear. "I"he Balance to Le��}> represents the sum of "I�otal Direct Costs, Indirect Costs, Ret-enue Deficits, C�ther Revenue Sources, Re�-enue Surpluses, and Contribution Replenishments. District Statistics Total Number ofPatcels —7'he total number of parcels w�ithin the District. Total Patcels Levied--The total number of parcels ��rithin the District that «-ill be assessed. Non-assessed lots or parcels include easements, common areas, and parcels «-ithin the boundaries of the District that currentl}• do not benefit from the improvements. Total Building Squate Footage This is the sum total of the building square footage applied to each parcel ��7thin the l�istrict. Total Ftont Footage (parking lotr—This is the sum total of the front footage applied to each parcel within the District. Levi• Rate per Square FooE—This amount represents the Rate being applied to each parcel's indi�ridual building square footage (calculation of each parcel's proportionate share of refuse collection costs). The Lev�- Rate per Square Foot is the result of di�•iding the estunated total refuse cost for that year b�- the sum of the District's "I'otal Square Footage. "i he rate is calculated to three decimal places. Levr- Rate per Front Foot�This amount represents the Rate being applied to each parcel's individual parking lot front footage (calculation of the parcel's proporaonate share of parking lot maintenance costs). '1'he Le�-�- Rate per Front Foot is the result of dividing the estimated total parl�ing lot costs for that ��ear by� the sum of the District's "I'otal I�ront F'ootage. The rate is calculated to three decimal places. Lev3� Rate for Indirect Costs—'I'his amount represents the percentage applied to each parcel's Direct Costs to determine the parcel's proportionate share of the amount to be assessed for administratii-e expenses and Reseme Fund Collection. _�1 maximum rate of ,1lrrniFi�ra�rrinl Page 1 � President's Plaza I Property and Business Improvement Ilisrrirr Management District Plan, City ofPaLn DeseR Fiscal Year 2006/07 tifteen percent (15°%) has becn established, but it is anticipated that the ma�cimum amount unll be collected each �-ear in order to establish and maintain a reasonable Reserve Fund. B. District Budget 'I'he District Budget sho�vn on the follo«-ing table lists the estunated costs of providing the various improvements and ser�ices. The costs and the resulting rate for each fiscal �-ear is based on the estimated costs to pro�-ide the impro�-ements and services that �-ear. The projected annual costs anticipated over the fi��e-��ear duradon of the District assessments have been calculated on an annual inflationar�� factor of three percent (3°%) froin the first fiscal �ear. Ho�ve�-er, this inflation factor does not mean the assessments will increase annuall}- b}- three percent (3°%). The �d�-isor5� Board appointed bt- the Cin- Council, will annually� revie�v the District costs and make recommendations for an� changes or adjustments to the budget. Changes to the budget, could result in changes to the annual assessment, but the resulting total assessment ma}� not exceed the ma�imum rates established in this Report «�ithout first obtaining propertti� o�vner approval through assessment ballots. :iluniFiiranan! Page 16 Ptesident's P/aza I Propert}� and Business Imp�o� ement District Management District Plan, City of Palm Desert Fiscal Year 2006/07 District Budget President's Plaza I PBID Estimated 5-Year Budget (FY 03/04 through FY 07/OS) Forecast Forecast Forecast Forecast Forecast Proposed $udget Budget Budget Budget Budget Budget BUDGET ITEMS 2003-04 2004-05 2005-06 200G-07 2007-08 200G-07 Direct Benefit Costs Landscape \faintenance Costs Landsca�e \�'ater Landscape Electric Landsca�e Repairs \fiscellaneous Li�;hting S�veeping tierczces Subtotal ofServrces based oa Front Footage SoGd ��'aste Remoc�al Scraices Subtotal ofServices based on Building Square Footage Direct Benefit Subtotal Administration /Resetves District _idministrati��n Cc�unh• .�dministration l�ee Cc�unn> Per I'arcel ree \Gscellaneous Espenses Administrative Subtotal Resen•e Fund Collecuon (�"/o) Indirect Benefit Subtotal Lev�� Breakdown Total Direa and Indirect C��sts _�ndcipated Deficir or Surplus Other Revenue Sc�urces BALANCE TO LEVY District Statistics Tc�tal Parcels Total Parccls �1�o Lc;«• Tc�tal Building Syuam Foorage Total Front Footage (Parkin� Lot) Le:cry- Rate [�er Syuare N�cx�t Le��' Rate per I�ront Fr�ot Le�ti• Ratc for _�dmin j Reserves Reserve Information 1'ret-ious Resrn�r Balance Endin� Resert-e Balance :�11111fF1/lQil(7U� :i,100 4,000 3,500 10,000 �,000 26,G00 103,000 103,000 129,600 8,-180 120 8 2,800 11,408 G,480 17,888 14%.�88 147,488 4G 42 288,900 3,'3� S Q35- S S ?.122 S 1 �°ro �,2:i3 4,120 3,G05 10,300 4,120 27,398 l OG,090 106, 090 ]33,488 8,''34 12� 8 �,800 11,6GG G,G"4 18,341 151,829 151,829 �,411 �3,2•34 3,�13 10,G09 4,243 28,220 109,2?3 109,273 137,493 8,99G 12"; 8 �,800 11,932 G,8�� 18,807 15G,299 15G,299 5,�?3 5,--}0 4,3? 1 4,502 3,82:i 3,939 10,92" 11,25� 4,3? 1 4.502 29,067 29,939 112,�51 115,92%' 112,551 11.i,927 141,617 145,8G6 9,2GG 9,5� 131 135 8 8 2,800 2,800 12,206 12,488 7,081 ',�93 19,287 19,781 1 G0,904 1 G5,G4' 1G0,904 1G5,G47 -�G 4G �6 4G 42 42 42 �3 288,900 288,900 288,900 288,900 3,?35 3,?35 3,?35 3,'35 0.3G? S 0.3?8 S 0.390 S 0.401 � -.335 S %.S:iG � 7.782 S 8.O1G S 1 �°'0 1�°'0 15% 15°'u 5,150 4,'38 3,824 9,?85 4,G3� 28,132 112,�51 112,551 140,G83 9,2GG 131 8 2,8�0 12,205 ',034 19,239 159,922 159,922 �+G 42 288,900 3,?3� 0.389G , . �32 1�°0 35,318 31,798 38,4-2 4�,34? 52,-}28 49,427 31,?98 38,4�2 4�,34? 52,438 59,�21 5G,4G1 P�,g� 1 ? President's Plaza I Property and Business Impmvement District Marragement District Plan, City ofPalm Dese�t Fiscal Year 2006/07 APPENDIX A-- DISTRICT BOUNDARY MAP The boundar}� map for the District is represented on the follo�t-ing page(s) and is inclusi�re of all parcels identified on the County of Ri�-erside Assessor's Parcel i��iap 627-212, 627-221, and 627-222. :�4uniFiirnncin! Page 18 President's Plaza I Property and Business Improvement District Management District Plan, Cit�- of Palm Desert Fiscal Year 200G/07 I � i — I i I � I I i I I I � � I � I i i I I Cm�) — -- � + � w,...,w-- ; _,�.,.�a� -rt„ � b �� %� - w 'r_'"" _'''" !'__ g � . .. C s s �� � n� : i_ � � �: e 3l �� ; Y I � � 4 M W i�� a F 'r�. - � _� .. ..e �.- ...- �� 'a �1 _ � i y � h — iy�—__ _ _ t �' �� ° � F � w�i. �e � .. � � g . .. .. F ----- 'I �t� � ' � ^" � g�' i ....� .. "ri • _ — a • � ^ � . �— � , - _n4--- � O ! '� ...� m ' � 4 ' ` � 3 �'�--- - � � � a N ,I '�• • �� �R F� = s n:Z `� � 'I b�'.••�• — � __ i e � � - - __ �� ' ` � F � � - -..... - - �i . � �' ^ hO � L � 0 � �� � O • � e •� ° R � � , o• R �u S 'f' - V p� �o�"..� � v\ ' --r�'--- - — �.a.#:iir — — �S I �� `�p I d p Q+ ��'�i � �� , a �iid�� fr.� _"' �, ,ry j � � �? `� � 8 O � '� i e �e a x ,� � � � � p \ � .� . � N O \ � � �� � � � —� - - -�, ;; i '! � = O 0= _ " � N .. .. .,� � 'Q � �# 3ti ..w. ..---�+r � � cV b ... .� ,� �, , n �: � t" 'i'� � b� �� 8 a ' 1 ��� l W l 7MVS'IOPKZ'[LB'COOL'LOOL' MJ'q�w/+tl — . _ ._ .__ ._. ..._ 11 II � I I � .I�INIIIF'lIICUlCIIl� Pnge 19 Presidenr's Plaza ! Property and Business Imptovement District Management District Plan, City ofPalm Desert Fiscal Year 200G/07 APPENDIX B- PARCEL LEVY INFORMATION "I'he follo.ti�ing parcel information including building square footage and front footage is used in calculating each parcel's proportionate share of all District Costs. Assessor's Parcel Number 62-212002 G2-212003 G2'21200� G27212005 G2'21200G G3?212009 G2?212010 G2%212011 G27212012 G2�212014 G2'2120]5 G2-31201G G2'21201' G2'221001 62?321002 G2?22]004 G2?321008 G2'22100) G2%221010 G2�221011 G2'222002 G2'322003 G2?322004 G2?222005 G2,222008 ���?��01� G2722201� G3?222021 G2?22202� G27222025 G2722202G G2-22202? G2'222038 G2'222029 G2?222030 G2?222034 G2�222038 G27222041 G272220�12 G2?�22043 ��,��?0�4 G2'222048 62'�??p�� G2?222053 �����?0�4 G2%2220�� Acres 0.33 0.89 O.�G 0.82 0.35 0.35 0.35 0.25 0.25 0.35 0.92 0.08 0.50 0.32 0.22 0.'S 0.3-� 0.24 O.G8 0.3� 0.22 0.22 0.22 0.21 0.-12 0.31 0.31 0.24 0.24 0.34 0?�3 0.24 0.33 0.23 0.23 0.43 0.48 0.32 0.11 0.39 0.G5 0.�42 1.�2 ' 059 0?8 0.47 Land Use Commercial Developed Commercial Dee�eloped Commrrcial De� eloped Comm�rcial Developrd Commeccial De�•eloped Commercial lleveloped Commrrcial Deceloped Commercial Developed Commetcial Developed Commcrcial llevelopcd Commercial Dec�eloped Exempt (Parkin�; I.ot) Commercial De�•eloped Commercia] De�eloprd Commercial De� eloped Commercial Developed Commercial Developed Commercial De�>eloped Commercial Developed Exempt (Parking Lot) Commercial Developed Commercial Developed Commercial De�•eloped Commercial De�eloped Cc�mmercial Deseloped Commercia] Di�-eloped Commercial Developed Commercial Developed Commercial Developed Commrrcial Developed Commercial Developed Commercial Developed Commercial De�eloped Commercial Developed Commercial De�eloped Commercial Developed Commercial Developed Commercial Developed Esempt (E:asement) Exempt (Parku��; Lc�c) Coinmercial Devel<�ped Commercial Develo�ed Commercial De� eloped Commercial Developed Commercial Developed Commercial Developed Building Square Footage Net Applied 3885 3,900 8G50 8,700 8525 8,500 12932 12,100 5820 5,800 8150 8,200 3210 3,200 5030 5,000 2�t00 2,400 5000 5,000 2098' 21,00� 0 0 10238 10,200 �'S0 4,800 �+?50 4,800 18182 18,200 5300 5,300 45G3 4,600 15G8 1,600 0 0 4435 4,4Q0 3250 3,300 3250 3,300 3000 3,000 G" 12 6,700 4G92 4,700 3900 3,9Q0 3iG2 3,800 50�0 5,100 5000 5,000 5000 5,000 5150 5,200 4950 5,000 4800 4,800 4950 5,000 G27G 6,300 9900 9,900 5925 5,900 0 0 0 0 13338 13,300 �83� 7,800 11G9� 11,700 8238 8,200 9312 9,300 15a17 15,000 Front Footage Net Applied 50.00 50 200.00 200 100.00 100 ]'1.�� 170 50.00 50 50.0� 50 50.00 50 �0.00 50 �0.00 50 50.00 50 231.55 22Q 0.00 0 100.00 100 50.00 50 50.00 50 213.02 215 50.00 50 50.00 50 225.1 G 225 0.00 0 SQ.00 50 50.00 50 50.00 50 50.00 50 100.00 100 �0.00 50 �0.00 50 50.00 50 �0.00 50 50.00 50 50.00 50 50.00 50 50.00 50 50.00 50 50.00 50 100.00 100 100.00 100 � 5.00 75 0.00 0 0.00 0 140.G3 140 100.00 100 251.G9 250 151.G9 150 140.G3 140 100.00 100 :tlsmiFi,so�t�za! Pn,ge 20 President's Plaza I Property and Business Improvement District Management District I'lan, Cit}• ofPaLn Desert Fiscal Year 2006/07 APPENDIX C ASSESSMENT ROLL Parcel identification, for each lot or parcel w�ithin the District, shall be the parcel as sho�vn on the Ki�-ersidc County� :lssessor's �1ap for the ��ear in �vhich this Report is prepared. .1 listing of parcels assessed ���ithin this District, along �vith the assessment amounts, is included on the follo�ti-ing page. _�IuniFiu�ncial Pc�qr 21