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HomeMy WebLinkAboutRes 08-68 thru 08-70 Presidents Plaza I PBID FYs 2008-09 thru 2012-13 RenewalREQUEST: CITY OF PALM DESERT DEVELOPMENT SERVICES STAFF REPORT 1. Approval to declare the results of the property owner protest proceedings for the proposed for the Presidents Plaza I Property and Business Improvement District for fiscal year 2008-2009. 2. Approval of the Management District Plan and Engineers Report for the Presidents Plaza I Property and Business Improvements District for Fiscal Year 2008-2009. 3. Approval to order the formation/renewal of the Presidents Plaza I Property and Business Improvements District and the levy and collection of assessments for fiscal year 2008- 2009. DATE: July 10, 2008 CONTENTS: Resolution No.(s) 08-68 , 08-69 , 08-70 Final Engineers' Reports Final Management District Plan Recommendation: At the conclusion of the public hearing, waive further reading and adopt: 1. Resolution No. 08-68 , declaring the results of the property owner protest ballot proceedings conducted for the proposed President's Plaza I Property and Business Improvement District assessments commencing with fiscal year 2008-2009 2. Resolution no. 08-69 , approving and adopting the Management District Plan and Engineer's Report for the President's Plaza I Property and Business Improvement District for fiscal year 2008-2009 and appointment of an owners association 3. Resolution No. 08-70, ordering the formation/renewal of the President's Plaza I Property and Business Improvement District and the levy and collection of assessments for said district for fiscal year 2008-2009 Staff Report Presidents Plaza I PBID Page 2 of 2 July 10, 2008 Background: At its regular meeting of May 22, 2008, the City Council approved the declaration of intent to ballot the President Plaza I Property and Business Improvements District (PBID) for renewal of a five year term. The City's PBID's by law must be approved either in five year or ten year terms. Staff believes that five year terms are sufficient as if there is an underfunded PBID the opportunity to address the concern comes after five years rather than ten. The proposed Engineers Report and District Management Plan are consistent with previous assessments with exception to the addition of approximately $10,000 per year to assist with maintenance in the parking area. Staff is also discussing a potential redevelopment project that could improve the parking area similar to Presidents Plaza III parking area that was remodeled in 2005. Conclusion: Staff recommends that the City Council open the public hearing and take testimony from all interested parties. At the conclusion of the public hearing staff will count the ballots and return to declare the results. Submitted By: Ryan Stendell Senior Management Analyst Approval: Carlos L. Orteg City Manager Paul Gibs Finance If rector Dep ment H Homer Croy ACM for Dev pment Services ::ITY COUNCIL Ar'TION: APPROVED ✓"� DENIED AOIVE REcE QTHER , d09/ea tar . Sa'- /o�Uk/ri �7a, €FETING; DATE �0•°�' AYES: �Plt I)7, f Hl'eft� /(f //y, S�1/e/ NOES: ope ABSENT: A. OA, ABSTAIN: ♦ e)n . i)riginal on File wi4 City Clerk s..,Of.±.ir€ * Adopted Res. No. 08-68, 08-69, and 08-70, with no protest to the President's Plaza Property Owner and Business Improvement District, with the following results: YES = $65,595.78 NO = 44,685.18 5-0 2 RESOLUTION NO, 08-68 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, DECLARING THE RESULTS OF THE PROPERTY OWNER PROTEST BALLOT PROCEEDINGS CONDUCTED FOR THE PROPOSED PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT ASSESSMENTS COMMENCING WITH FISCAL YEAR 2008-2009 The City Council of the City of Palm Desert (hereafter referred to as the "City Council") does resolve as follows: WHEREAS, The City Council called and duly held a property owner protest proceeding for the President's Plaza I Property and Business Improvement 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 Cal jornia (hereafter referred to as the "Act") 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 maximum annual assessments over the next five years to pay for the costs and expenses associated with the maintenance of parking lot landscaped areas, the maintenance and operation of parking lot lighting facilities, debris removal, the maintenance of parking lot surface areas, and all appurtenant facilities related thereto; and, WHEREAS, the assessments presented to the property owners of record within the District reflects each property's proportional financial obligation related to the ongoing operation, maintenance and servicing of the improvements, related facilities and activities that will provide special benefit to the properties within the District. The ballots presented clearly identified the total amount balloted to all properties, the proposed assessment rates, the property's proportional annual amount commencing with Fiscal Year 2008-2009 and an annual inflationary adjustment applicable to future assessments; and, WHEREAS, upon the close of the Public Hearing held on July 10, 2008 the protest ballots returned by the landowners of record within the District were opened and tabulated, the results of which are illustrated as follows: Yes: No: NOW, THEREFORE, BE IT RESOLVED, by the City Council of Palm Desert, California, as follows: Section 1: The preceding recitals are true and correct. Page 1 Section 2: The protest proceedings were conducted with the notices and ballots of the proposed new assessments presented to the qualified property owners within the District as required by law, with a required receipt of the returned ballots to the City Clerk prior to the close of the Public Hearing on July 10, 2008. Section 3: The canvass of the protest ballots cast for the District and received prior to the close of the public hearing, weighted according to the proportional financial obligation of the affected properties is hereby approved and confirmed. Section 4: The City Clerk is hereby directed to enter this Resolution on the minutes of this meeting, which shall constitute the official declaration of the result of such property owner protest ballot proceeding. Section 5: This Resolution shall become effective immediately upon its adoption. Section 6: The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert City Council, held on this 10th day of July, 2008, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAINED: ATTEST: RACHELLE D. KLASSEN, City Clerk City of Palm Desert, California J i AN M. BENSON, Mayor City of Palm Desert, California Page 2 RESOLUTION NO. 08-69 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, APPROVING AND ADOPTING THE MANAGEMENT DISTRICT PLAN AND ENGINEER'S REPORT FOR THE PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT FOR FISCAL YEAR 2008/2009 AND APPOINTMENT OF AN OWNERS ASSOCIATION The City Council of the City of Palm Desert (hereafter referred to as the "City Council") does resolve as follows: WHEREAS, pursuant to the provisions of Property and Business Improvement District Law of 1994, Parr 7 of 1)ivision 18 of the .Streets and Highways Code of California (hereafter referred to as the "Act"), property owners within the District, representing more than 50 percent of the proposed assessments to be levied have presented to the City Council a written petition for the formation/renewal of the 1)istrict; and, WHEREAS, pursuant to the Act, a Management District Plan (hereafter referred to as "Plan") and Engineer's Report (hereafter referred to as "Report") has been prepared, filed and presented to the City Council in connection with the formation/renewal of the President's Plaza I Property and Business Improvement District for a five year period commencing with fiscal year 2008/2009, which outline the establishment of the maximum assessments proposed to pay for the maintenance and services authorized including solid waste (refuse) collection services; and the maintenance and operation of the common parking lot areas including the landscaped areas, lighting facilities, parking lot surface areas; and all appurtenant facilities and operations related thereto; and, WHEREAS, the City Council has duly held a public hearing regarding the District and has conducted a property owner protest ballot proceeding for the proposed assessments related thereto, the results of which have been presented and confirmed by this City Council; and, WHEREAS, the City Council has examined and reviewed the Plan and Report as presented, considered all public testimony and written protests presented, and evaluated the results of the property owner protest ballot proceedings to determine if majority protest exists. NOW, THEREFORE, BE IT RESOLVED by the City Council of Palm Desert, California, as follows: Section 1: That the above recitals are true and correct. Section 2: Based on testimony given, the results of the property owner protest ballot proceedings and the documents and discussion presented, the City Council has directed and confirmed any necessary modifications or amendments to the Plan and Report previously presented and filed, and said modifications or amendments are reflected by the minutes of this meeting and shall by Page 1 reference be incorporated into said Plan and Report which are hereby approved and ordered to be filed in the Office of the City Clerk as permanent records and to remain open to public inspection. Section 3: Pursuant to the Act, the City Council hereby appoints the President's Plaza I Owners Association as the owners association for the District. This owners association shall cause to be prepared a Plan and Report for each subsequent fiscal year for which assessments are to be levied and collected. Said annual Plans and Reports shall be filed with the City Clerk and shall contain: any proposed changes to the district boundary; the improvements and activities to be provided that year; the estimated costs for that year; the method of assessment; the amount of any surplus or deficit; and contributions from other sources. 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 Plan and Report and appointment of the District Owners Association. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert City Council, held on this 10th day of July, 2008, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAINED: ATTEST: RACHELLE D. KLASSEN, City Clerk City of Palm Desert, California JEAN M. BENSON, Mayor City of Palm Desert, California Page 2 RESOLUTION NO. 08-70 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA ORDERING THE FORMATION/RENEWAL OF THE PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT AND THE LEVY AND COLLECTION OF ASSESSMENTS FOR SAID DISTRICT FOR FISCAL YEAR 2008/2009 The City Council of the City of Palm Desert (hereafter referred to as the "City Council") does resolve as follows: WHEREAS, the City Council, pursuant to the provisions of Property and Business Improvement District Law of 1994, Part 7 of Division 18 of the .S'treets and 1Tighways Code of California (hereafter referred to as the `Act") did by previous Resolutions initiate proceedings and order the preparation of a Management District Plan (hereafter referred to as "Plan") and Engineer's Report (hereafter referred to as "Report") in connection with the formation/renewal of the President's Plaza I Property and Business Improvement District (hereafter referred to as the "District"), and the establishment of maximum assessments to pay for the maintenance and services authorized including solid waste (refuse) collection services; and the maintenance and operation of the common parking lot areas including the landscaped areas, lighting facilities, parking lot surface areas; and all appurtenant facilities and operations related thereto; and, WHEREAS, the City Council called and duly held a property owner protest ballot proceeding for the District pursuant to the provisions of the Act 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 maximum annual assessments over the next five years to pay for the costs and expenses associated with and authorized for the District as outlined in the Plan and Report; and, WHEREAS, the protest proceeding was conducted, with ballots presented to qualified property owners of the District for receipt by the City Clerk on July 10, 2008, weighted according to the proportional financial obligation of each affected property, and the tabulation of said protest ballots returned by the property owners indicated approval of the assessments and maximum assessments authorized over the next five years; and, WHEREAS, the City Council, pursuant to the Act did by previous Resolution appoint an owners association and this owners association shall cause to be prepared an annual Plan and Report regarding the District for the City Council's approval; and, NOW, THEREFORE, BE IT RESOLVED by the City Council of Palm Desert, California, as follows: Section 1: That the above recitals are true and correct. Page 1 Section 2: Following notice duly given, the City Council has held a full and fair Intent Meeting and Public Hearing in connection therewith; the levy and collection of assessments, and considered all oral and written statements, protests and communications made or filed by interested persons. The City has tabulated the property owner ballots returned by the close of the noticed public hearing and has determined that the property owners have approved the annual levy and collection of assessments and maximum assessments over the next five years as outlined in the Management Iistrict Plan and Engineer's Report, in compliance with the California Constitution Article XIII D. Section 3: Based upon its review of the Management District Plan and Engineer's Report, copies of which have been presented to the City Council and which arc on file with the City Clerk, the City Council hereby finds and determines that: 3a) The territory of land within the Iistrict will receive special benefits from the operation, maintenance and servicing of the improvements and appurtenant facilities to be provided by the District. 3b) The District includes all of the lands so benefited and is inclusive of all parcels identified on the assessment diagram of the District contained in said documents. 3c) 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, 2008 and ending June 30, 2009 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. 3d) The assessments so described in the Plan and Report are consistent with the assessments approved by the property owners within the District. Section 4: The City Council hereby orders the proposed improvements and services for fiscal year 2008-2009 as described within the Plan and Report to be made, and hereby orders the levy and collection of annual assessments to pay for those improvements and services be presented to the County Auditor/Controller of Riverside commencing with Fiscal Year 2008/2009. 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 5: 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 District, and such money shall be expended only for the improvements described in the Management District Plan. Section 6: The adoption of this Resolution constitutes the District levy for the Fiscal Year commencing July 1, 2008 and ending June 30, 2009. Page 2 Section 7: The City Clerk or their designee is hereby authorized and directed to file the levy of assessments for Fiscal Year 2008/2009 with the County Auditor of Riverside upon adoption of this Resolution. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Palm Desert City Council, held on this 10th day of July, 2008, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAINED: ATTEST: RACHELLE D. KLASSEN, City Clerk City of Palm Desert, California JEAN M. BENSON, Mayor City of Palm Desert, California Page 3 ClTY OF PALM DESERT ,�,, ,. PRESIDENT'S PLAZA I PROPERTY AND BUStNESS IMPROVEMENT DISTRICT RENEWAL ENGINEER'S REPORT FlSCAL YEARS 2008/2009 TO 2012/2013 Intent Meetin�;: May 22, 2008 ]'ublic H earing: J uly 10, 2008 �MuniFinancial Corporate Off ce O�ce Locations 273G8\'ia lndustria .�nahcim, C.\ Oakland,C:.1 Suite 110 I.ancaster,(::1 I'hoeni�c,_1"L "1'emecula,C:1 92590 I,os:\ngeles Re�ional(�ffice Sacramento,C:.1 '1'el: (951) �87-350(1 Seartic,\X'_�1 San I)icgo,(:_�1 �r�t: �soo� �»-�iu�� ���sc�� Pax: (9S1) :i87-3510 www.muni.com Cit1'��f Pcrinr Dc��rrt Preside�tt'.: Plazct I PBI!)IZe�te��.�a( F.'�tKiue�er'.<Repurt F'}'?Oc?S/ZCG9 ENGINEER'S REPORT AFFIDAVIT City of Palm Desert President' Plaza I Property and Business Improvement District (:ity of Palm l�cscrt Ki�-crsidc County, �tatc c�f Califor.nia 'l�his Report describes the District and defines improvements, bud�et and method c>f assessment app�rtionment, and the parcels pro��osed to be leeied for I-'iscal Year 2008/2009 as the�� cxisred at the timc of the passage �f the Res�lution of Intention. Keference is hereb}� made to the Riverside C��unt}' Assessor's maps for a detailed dcscripti�n of the lines and ciimensi�ns <�f�arcels ��rithin the District. "1'he undersigned respecrfullt� submits the enclosed Re}�ort as directed b}� rhe Cin� Council. Dated this da�' of , 2008. I�lunil�inancial ,1s,essment �;ngineer On 13chalf of the City of Palm Descrt I3ti•: ]Zichard Kopcck}' R. C. 1-;. # 1 G7-�2 TABLE DF CONTENTS OVERVIEW............................................................................................ 'I Introduction � Formation � DESCRIPTION OF THE DISTRICT .............................................................. 3 District Boundary 3 Improvements and Activities 3 Special Benefits of the Improvements and Activities 4 METHOD OF APPORTIONMENT................................................................ 6 Method of Apportionment Rationale 6 Parking Lot Improvements and Services 6 Solid Waste(Refuse)CoNection Services 6 Method of Apportionment Calculations 8 Apportionment of Direct Costs 9 Apportionment of Indirect Costs 11 Total Annual Assessment 12 Annual Budget Adjustments 12 DESCRIPTION OF BUDGET ITEMS .......................................................... 13 Direct Benefit Costs 13 Indirect Benefit Costs 13 Levy Breakdown 14 District Statistics 15 District Budget 15 APPENDIX A —BOUNDARY MAP..........................................................A-'I APPENDIX B — PARCEL LEVY INFORMATION..........................................B-1 APPENDIX C —ASSESSMENT ROLL .....................................................C-1. �MuniFinancial P���`�i (:ity of Pcrlm I)��+ert Prc��ident'> 1'laz�r/ PB/1)Reneu�crl F'ugineer'<Repur� F'}'2003/�009 ❑VERVIEW INTRDDUCTION 'I'hc Cit�� c�( Pal�n I�escrt ("C:it��") fc�rmccl anci cstahlishccl thc I'residcnt's 1'laia 1 Prc�Pcrt�� anci I�usincs� impro�•c°»icnt .-���cssmcnt I)istrict ("I)i,tricr") bcs;innin�; in I�i�cal �'car 199H/1999 tc> I�rc�vidc im�ro�•cmciits and acti��itics that anifcr s}�ecial l�cnciits uE�on rcal prc���ertj� �vithin thc bc�undaries of the I�istrict. "1'he l�istrict �vas esral�lished anc� le1-ied J�ursuant to I'rc�I�crt}� and Husincss Imprc>vcmcnt llistrict l.a�v c�i 1994, Part 7 of I�i��ision 1 H c�f thc California Strccts ancl I ligh�va��s Codc (the ;1ct). Pursuant w thc .�ct, }�rc�pert�• o�vncrs v,�ithin the I�istrict submitiec� a signed ��etition reyuesting formati�n c>C the Uistrict. '1'he I�istrict was successfull�• formed for a term c>f fi��e ��ears ending in I�'iscal Year 2002/2�03 and successfull�� rene�ved in }�'iscal Year 2003/200� for a term of five �•ears ending in T�iscal Year 2007/2008. l�or each t�rm, a maximum assessment ���as approveci by� the prc���erh� owners thr�ugh an assessmen� ballot prc>ceeciin�;, conducted accorcling to �rovisions of the California Constitution ��lrticlr XIII1� ("Proposition 218"). 1�'iscal Year 2007/2008 is thc last ��ear of the term of the currentl�• exis�ing I�istrict. l;nder the pr�visions of the .�ct, the propern� owners �vithin the District m1�• renew the l�istrict f�r a maximum term �f ten (10) ��ears. The rene�val prc�cess is the same as that of the original formation. The preraration of this updated i�;ngincer's Rcport is the first ster in satisf��in� ihc requirements fc>r renewal/formati�n of the llistrict. Pursuant to the .�ct, the Cit�- pro�oses to annuall�� lev�• and collect assessments to pro��id� funding for im�ro�•ements and activities authorized �uithin the District for a Period of fi�•e }•ears (Tiscal Years 200H/2009 through 2012/2013). 'I'his I�:ng,ineer's Report ("Report") describes the District, improvements and acti��ities, method of a�porti�nment, the proposed assessments for thc current fiscal }'ear, and the maaimum assessment prc�poscd for thc five-}'car duration of the rene�ved llistrict. The pro�osed assessments are based <�n the estitnated cc�st to pro��ide the improveinents, acti��itics, ancl operations that pro��idc a clircct and spc:cial bcncfit to prc�perti�s within thc llistrict. T'he costs oF impro�-ements, acti��ities, 1nd operations include all e�penditures, dcficits, surpluses, re��enucs,and res�rvcs. '1'he �vord "E�ropertv," for the purpc�ses of this Rc�ort, refers to rcal �rop�rt�}• situated �vithin thc l�istrict, and idcntificd as an individual propert}� or parccl assigncd its own �lsscssc�r's I'arcel Number (i1PN) by the Count�� of Riverside .'�ssessor's C)ffice. "1'he Couiit}' of Riverside .luclitor/Concroller uses :�PNs to identifi• on the tax roll parccls and propertics as�essed for taxes, special assessments, and fees and char�;es. FORMATION ,1 �vritten }�etition of the properh' o�vners �vithin thc l�istrict, re�rescntin� more than �(1 perccnt of the pr�posed assessment to Ue levicd tnust be submitted to the Palm l�escrt Cit�� Council in c�rder to �rocced �vith the District forinatiori. .lfter the requirecl signatures ha��e been �arhered, the Cic�� Council mat� initiatc �roceedings for the renewal of the l.�istrict b}� adc.��t.in�; a resolution ex�ressing its intention t<� form/renew the llistrict. "I'he res�lution of intention �vill reference the T;n�ineer's Re}���rt and the �fanagcment llistrict I'lan, and �vill �Mu�iFnancial P�g`� 1 (:it��nf I'�rinr I)c����rt 1'resrde��tt'.;Plaz�t 1/'BID IZe�rez��rtl E'ugiurer'.<Rrport F2'"2008/��09 ��rc���icic n<>tirc �,f thc timc �ncl ��lacc �>i a }��it�lic hearint� <m ihc rc-cstal�li>limcni <,f thc I)istric� ancl lc�•�' uf asscssn�cn[s. �\��ithin 9U cla��s o(acic�j�ting thc res<�luti<�ii c�f ititcntic�ri, ihc Cit�� (:c�uucil ma�� h<�lcl a }�t�l�lic l�c�aring ��u thc i»atecr, a»d cau�c nc�ticc t<� bc }?i-����idcc3 t<� il�c ��r<���crt�- <>���ncrs j�ursuant t�> ticcticm �-#9�-�.G <>f ihc (rOl•<Y'(11llCilr (;�>cic. .lsscssn�ent l�allc�ts (I�roj�crt�' c>tit�ncr ��rotcst ball�n>) ��•oulci bc mailcd tc> cach ��r<�l�crtl' ����'��e�• at lcast -�:i da��s j�ri��r to ihc public hcarint; �ursuant ic�Article XIIID of the California Constitl+tion. .�1t thc j�ublic licaring tl�c Cttt' Council ma�� j�r�>�•idc thc public anc3 j�r��pert.�� olvncrs an o����c>rtunit�ti� tc� l�ro��ide c>ral ��rot�csrs and writtcn �rotcsts ��rior t�� thc ado�tion of thc 1-:n�inccr's Rcj�ort and thc: �'fana�;cmcnt I)istrict 1'lan. I'ursuant to thc Caltfornict Constitution Arttc�e XIIID, thc (;ir} Ccnincil will tabulatc prc>��crtj� c�wncr asscssincnt ballots recei��ed frcnn ��ro�exn• <�wners in c�rder to determine wheiher majc�ritt• protest e�ists. "1'his tabulation will occur aftcr thc close c�f thc I'uUlic [Icarin�. If the prol�ert�� c����ners a���ro�•e the cene�val of the District and imrosition of ne«� asscssmciits, thc Cit}� Council �vill ap�oint ati o�uncrs association for thc l�istrict. 'I'his owners association shall make recommendauons to the Cit�� Council regardin�; the expenditures c�f re�•enue deri�•ecl from the lev� of assessments and on the classiftcation �f proj�crtics as applicablc. 11t least one member of the owners associati�n shall be a business licenscc �vithin thc l�istrict who is nor a properri• holdcr �vithin thc l�istrict. 'I'his owncrs association shall cause to be pre�ared a report each fiscal �•ear for �vhich assessments are to be levied and collectecl. Said annual report shall be filed with the Cit}• Clerk and shall contain: ati�� ��rop�sed chan�es t� the district boundar��; the im�rovements and acti��itie:s to be prrn�ided that ��car; thc estimated costs for that year; the method of assessment; the amount of an�� surplus or dcficit; and contributions from �nc�r sourccs. "I'hc (;it}� Council ina�• apprcn�c the report as submitt.cd or as mociified. �Mu�iFinancial n"ge 2 Cit�•of 1'�rint I)r<crt Prc��ident':I'la�rr!PIi1D Kc�uc.��rrl F.,'rrKirreer'� Kcpurt F}"2,^i�S/2v^09 DESCRIPTION OF THE DISTRICT D15TRICT BOUN�ARY '1'hc l�istrict cc�nsi�is c�f all j�arccls locatccl in thc ccnnmcrcial busincss arca l:nc>��n as thr Presicicnt's Plaza I �vithin il�c (:it�' c�f Palm 1)cscrt, (:c�uncti� c�f Ri�•crsidc. 'L'hc I�i�tricr inducic: Ec>rh t�vc� (-�2) asscssc•cl cc�mn�crcial ��arccl� ancl tlirec (3) nc�ti-cc>nti�uc>us aiid nc�r�- assessed ��xrki�i�; 1<>t parcels ancl �>iie (1) non-assc:ssc�l c:asement�tivalkway ��arcel. '1'hc bounc3ar� of the ��ropc�sccl I�istrict ancj [I1C ��arccl` thcrcin arc lc�catcd South of 1'alm 1)cscrt l�ri��c at I ii�;h���a�� 111; N�rth of I�:l 1'ascc�; \�'cst c�f Pc>rc<�la :1��etiur; anc] l:ast c�f l.arks�ur l,anc. I'rc�idcnt's I'laz� I is commc�nl�• rcfcrrccl tc� as Prc�idcnt's Pla�a I;ast (thc area cast of Sati I,uis Re}� ;�venuc); and Presidcnt's 1'laza \\'est (the arca �vest of S1ti Luis IZe}� ,1�•cnuc) locatcd�vithin thc boundarics oC thc l�isrrict. ( MPROVEMENTS AND ACTIVITIES ln an effort t� enhance and itn�rove business opportunitics and the a�pearance of the area kno�un as the President's Plaza 1, the Cit}� provicled funds f�r the reno��ation and capital im}�ro��ement c�f the parking l�t and landscaped areas relatecl to this commercial business center. In conjunction �vith this reno��aticm, ]'residc:nt's Plaza I Prc>pert�� and 13usiness Impr<���ement l�istrict �vas fc>rmed in 1998 tc� prc���ide and ensure the continuecl maintenance of the imE�r���ements after thc ren���ations had becn cocn�leted. In 2003, thc propert�- owncrs rene�ved the llistrict f<�r a fi��c (�) ��car term and the assessments that �vere ]c��ied continued to pcovide funciing for this maintenance. Sh�uld the llistrict be renewed for another five (�) �•ear term, the assessments �enerateci will continue to provid� thc necessar}' revenue f�r the maintenance, and �n increase in assessment�vill be added effecti��e fiscal �•ear 2008/2()0$ based on anticipated increases in c�sts fc>r the I�i�trict's acti��ities and for}�arkin� lot maintcnancc. It has becn dctermincd that the ��ro�crt.ies �vithin thc I�istrict and the businesscs associatcd with those �roperues re:cei��e special and distinct UeneCits from the imprcn�ements and acti��iues tc> be funded chrou�h the assessments. 1'he improvements indude the n�cessan� activitics, scn�ices, op�ration, admini5tration, and maintcnancc rc9uirccl t<, kccp thc impro�•cmcnts in satisfacton' conditi��n including labor, matcrial, and cyuiE�mcnr. "I�he ser�-ices ma�� include but are nc>t liinited to regular maintenance, repair, removal or replacement of all c�r an�• �art of thc impm�-ements includins; patchi«� c�f asphalt, slurr�� sc;►liti�;, and �rriring of thc parkiiig lot arcas; remo��al c�f trirnmin�s, rubbish, dcbris arici r>thcr solid �vastc; the cicanin�, sandblastin�;, and repainting of���1lls and �thcr impro��cmcnts t� remo�-e or cover �raffiti; }�ro��iding for the gro�uth, health and beaut�� �f landscapin�; 1nd li�;hting includin� culti��atiori, tritnmin�, s��ra�•in�, fertiliziii� or trcatiii� for discasc �r damage; as �vcll as sup}�1�'ing neccssar}' irri�atic>n and electrical ener�,n•. 'I'he spc ciEic im(�ro�•ements and activit.ies include: • Parking lot landscaped areas: including, but not limited to, �;rc>und cover, shrubs, trccs, plants, irrigatic�n and drainagc: sti�stcros and associatcd appurtcnant facilitics; �MuniFinancial �"�`�.; Citti•nf P�rl►�r I)r�ert Pre�t(IP)If'>1'lmrr 1 P1311)Re�reu�al f:'ngi�tc�cr'.�Reprn7 F��'20�3/2C09 • Parking lot lightin� facilities: inclu<iin�, hur ��<�r li,,,ir���l <<�, bulh�, f i��ur<•�, ��c>lcs, �virin�, ailcj cic�ctrical cncr���'; • De�ris removal: incluc.iin�>, I�ut n��t limiteei tc>: sc�lic� ���aste cemtainers, reti��e c�llccti��n scn�iccs, ancl rc��ular n�t•cl�anical s�vcc}�in�c�f thc ��arlcin�l��t; ancl, • Parking Lot Maintenance: i❑clu�lin�;, but nc�� li�ni�ed <<�, ��a�c1,i�1}; ��f ast�hale, slurr� scalin�;, and rarkif�� 1<>� stri��in�? rccluicccj to ��rc�perl� maintain and cnsurc ihc satisfacic�rl- cc,nditi��n ��f thc ��aricin�; lo�.s arid a��purtcnatit facititic�s. '1'hc cc�sts assc�ciatccl with thc imprcn-cmcnts arc ec�uitahl�� s��rcacl amc�n� all bcn��firing 1�lrccls�vithin ttic llistrict utilizing thc metlzc�d c�f appc�rtionmcnt dcscribcd in thc I�Icthc>ci c>f :\pportionment sectic�n c�f�hi5 Re��ort. 7'he total funcls cc�llecied shall be ciisper�ed and used f�r onit' thc scr��iccs and �peraticros pro��idcd to thc llistricr. SPECIAL BENEFITS OF THE IMPROVEMENTS AND ACTIVITIES ��11 assessed pr<.��erties within the T�istrict receive special bencfits from one c�r m�rc of the impro�•ements and acuvities funded thrc>ugh the District assessments. Specificall�•, lighring and landscaping amenities within the parking lc�ts, regular sweeping and maintenance of the parkin�;lots, and refuse collection services and facilities. '1'hc s�ccial bcnefits of li�hting (�->arki�ig lot li�hts) arc thc convcniencc, safch�, anc3 sccurit}� <�f pro��crty,impro��cmcnts, and goods. Specificall��: 1. Fnhanced dererrenee of crime and the aid to police protection; 2. Incrcascci nighttimc safct}' �or patrons and cmplo��ccs; 3. Imj�roti-ed��isibilin� for pcdcstrians anc] motorists; -�. Improved ingress and egress tc� ��rc>pert�•; �. Reduced ��andalism and �ther criminal acts and damage to improvements or propert}'; G. 1?nhanced aesthetic appcal of thc parking arcas and �he }�iopertics that arc associateci �vith thc parlung arcas; 7. Incrcased promotic>n of business acti��itics and o�porrunitics during nighttime hours; and, 8. "I'he s�ecial economic enhancemetit to the pre>perties and their abilit�• to attract and sustain business and commercial activit�� as a result �f the benefits identified abo�•c. "I'he benef ts associated �vich landscaped islands and medians �vithin the parking lots are sp�cifically: 1. Impro��ed aesthetic appeal of the parl:in�areas and nearb�-Parcels; �MuniFinanc�al P"�P�t Citl'oJ Pctlnt Dcr:ert !'re<ident's Plaza I/'13ID Rene2;,�rrl - Enginecr'.c Repurt F'}'2008/?009 2. lrn��rc��ccl �iu�t cc�nrrc�l: 3. I�:nhancccl aclsij�ta�icm <,f tlic url�an eii��irunn�cni �i•ichiii thc n�itural cn�ircmu�cnt; -�. Iml�r�n���cl iral�fic circularion; S. ;1 positi�-e rcl�resentati<m oE the husincsses ��-ithiu thc 1)istrict; G. (;cntralized locati<�n� C��i• rcCusc collcct�ic>n Cacilitics; ancl, 7. '1'lie sJ�ccial canic>mic cnhanccmc:nt ic� thc }�r�I�crtics anci ihcir abilit�• tc> attract and sustain busincss and cc�tnmcrcial acti��ih- as a result c>f thc hcncfirs idcntificc� abo��c. l�el�ris removal (parkin�; l�t s�veepin�) and refuse cc>llection are essential and nece�sar�� acti��ities for all I�ropercies—I�artictilarlv cc>mmercial pro[�erties. 1'hese activities and services are pr�posed to be futided ihrough thc assessrnents solel}• fc�r the �pecial UeiieCit ��f properties �vithin the I�is�rict."1'he benefits associated�vith these services arc:: 1. I?nhanced aesthetic a}�peal of the �arking areas and t.he propert.ics tha� are associated with the�arkin�;areas; 2. Improved dust ccmtrol; 3. :1 positivc representati�n of the businesscs �t�ithin the llistrict; and �3. .� centralized location of refuse collecti�n faciliues and availabilit�� of the sen�ice that would �ther�vise reyuire indi��idual facilities that could be cost prohibitive and ph�•sicall�� restricti��e. Parking lot maintenance is an �ssential and necessar�' activit�� for all properties, and in particular, for commercill properties. '1'his im}�ro��ement is funded thr�u�;h the assessments solel}- for the special U�nefit of pr�perties �vithin the District. "17ie benefits associated «�ith this ser�-icc arc: 1. Increascd safct�• to aut.om�bilc, truck and pcdcstrian traffic �vithin thc parkin� areas and to the�ropertics that are ass�ciated �vith the parking arcas; 2. Iml�ro��ed traffic circulacion�vithin the parking�reas; 3. i�:nhanced aes�hetic appeal of che �arkiiig areas and the I�ropertics that are ass�ciatcd with thc parkin�;arcas; 4. improved dust control; 5. '1'he special economic enhancement ro the properties ancl their ability� to attract and sustain business and commercial activit�� as a resulr of the benefits identified abc>ti�e. The on-t;�ing operati�n and maineenance of the landscaping, lighting, s�veeping and refuse collection semices, and parking lot areas provide no measurable general benefit to other j�ro���rties outside tlie boundaries of the I�istrict, or to the public at lar�e. `1'herefore, these impro��ements aiid the cc�rresponciing assessments h1��e been identified as prrn�iding 100% s�ecial benefit t��arcels �vithin the I�istrict. �MuniFinancial P"�� s Citi•uf Prrint D��cc�rt 1'rexide�nt'�Plazrt I 1'lSll)Re�ter^u�rr/ X:'»Xi�teer'., Repurt F f'?DOS/ZCC9 METHOD OF APPORTIDNMENT METHOD OF APPORTIONMENT RATiDNALE "l�hc c<>sis �>i ihc 1)isirict imj�eo�•c�mcnts ha��c cach bccn a��l�orri�>ncd b�� a fortnula anci mcthcxi �>>hich fairl�- clis�ribu�es thc nct amcnmt tc� bc asscssccl ;�nu>n� all asscssccl ��arccls in I�rc>}�cn-ticm tc> tl�c� cstimacccl sE�ccial bcncfits eo l�c rccei�ccl 1��� cach �arccl frc�tn thc imprc>��crnet�ts. PARK/NG LOT /MPROVEMENTS ANO SERV/CES .1sse�seci E�arcels �vithin Presidcnt's Plaza I are adjacent tc� centralized parkin� facilities (lots) th�it J�r���ide access, parking, anc3 deliver�� areas for the busine:sscs anci I�arcels �vithin the llistrict. I:ach parcel deri�•es special benefit from the rarlcing lot impr���ements and the ser��ices and activities necessar�� to maintain the J�arkin�;lot. '1'he improvements and acci��ities include maii�tenance of several landscaped islands and medians, maintenalicc and c.��erati�n of lighting facilities, parking lot maintenance, and s�veeping sen�ices. �:ach assessed ��arcel �vithin the I�istrict receives a ciirect and special benefit From these imj�rovements and will share prc�portionatel�� in the cc>st of maintaining the }�arl;in� lc�ts. The rarl:in� areas c�nsiscs �f the three ��arcels that are entirel�� �arking lot area and portions of mam� of the assesseci J�arcels «�ithin the I�istrict. "I'he three ��arcels that are entirel�� }�arkin� lot area �arceis (G27- 212-01G; G27-221-011; and 627-222-0-�3), and onc eascmcnt/�valkwa�� ��arccl (G27-222-0-42) recei��e n� s�ecial benefit from the im�ro��ements and�Lnll not Ue assessed. In deterininin� the method of apporti�nment for these impro��ements, each parcel's benefit is based c�n the parkin� area adjacent to, and associaced �vith, c:ach �arcel. "1'herefc�re, it has been determined that a flir ancl reasonable reflecticm of each parcel's beneflt for the I�arkin� Ic�t impro��emenes shall be based on the a��proximate front fc>ota�e adjacent to the parking arcas. i�Iost parcels �vithin the I�istrict front the parkin� lo�s on onl�� one side. 1'� ensure a rcasonablc and equicablc a�portionmcnt of spccial bcncfit, �arccls that front thc parl:in�; lot c�n mc�re than one side (corner �roperties), are �ul�� asses�ed fc>r their front fc�ota�;e along the sidc oF thcir��ropern' adjaccnt ro thc parking lot. SOL/O WASTE (f7EFUSEI COLLECT/ON SERV/CES I;stablishing separare refuse rece�tacies for each parcel o�� business tvithin President's Plaia I, ancl thcrcby� allo�ving for scparatc char�;cs and a�;rccmcnts Cor this scn�ice, is not practical due t� limited s�acc ancl accessibilit��. Therefore, sevexll common refuse containers ha��e been placed within the �arkin�; lot area for use b}' all the pro}�ertics and businesscs, and patrons of these businesses, within thc l�istrict. I Iistoricall��, all de�-eloped rroperties within President's Plaza I have shared j�rop�>rtionatel�� in the costs associated with refuse collecuon bascd on the buildin�; squarc f��ota�;c c.�f thc structures <�n cach �arccl. In determinin� tlie methc�cl of aJ�l�ortionment for refuse cc>llectic>n services, the p<>ssibilit}� <�f tactorins; in busitiess t�•pes as ��,�ell as building sc�uare fo�tage was considered. I io�ve��er, the inclusion c�f busincss t��pcs in thc calculati�n of ati annual asscssmcnt pc>scs scveral problems. T�irst, man�� of thc parccls asscssccl includc multiplc busincss h�pcs, which could reyuirc a c<�mplc� calculati�n to identif�� pc�tcntial usc c�E thc scr��icc. Sccc>nd, busincsscs often change from �•ear to ��ear ��r eren inonth t� in<�nth, �nakin�; s�ecific busitiess relatecl �MuniFinancial P`��`�G (;Ity nf Palnt Drsc�rl Pre�sident's Plaz�r /YBID IZcnr2e��r( L:ngincer'c Repurt j'� �J'v5����J a>sc:smcnt� clifiic��li ic� ir�c•k ancl tim<• ccnisuri�in�= ancl cs1�cnsi�•c tc� acimini�tcr. 'l liircl, csral>]ishiiit> a mcihucl c,t a}�I>��rriunmcr�t that ia husincs�-s��cciGc rathcr thsin ��arccl s��cciiic ���cnilcl likcl�� result in antival chan�;cs {cn• cach (�arccl's a:;scssnu•nt c�•cn if nc� cc�st c�i� thc scr��icc �vas unchan�c•cl. I�inall�•, ilic• lc��cl c�f scr��icc (numl�cr c�f��icl:-u��, sinci rccc��tadc,) has chan�;ccl ��c��� 1i�ilc c���cr the last sc��cral �cars. .11thc�u€;h rnan5• af thc businc�s�cs anci busincs� tt')�c: ha��c chati�;ccl ���ithit� thc I�istrict, tllc tc�tal cc�st c�f}>>�c���icjin�; illis scr�-icc has rc•ti�ainccl fairl�� c�nsrant. In cc>ntrast t�� the toeal cost, it is not reasonal�le t�> assume that all de�•c:lc>}�ecl �,arcels utilizr c.�r rcc�uirc thc samc Ic��cl of rcfusc scr�-icc—t��picall�� thc lar�;cr thc buil�iin�J, thc �;reatcr arucnint c�f refu�e that is �enerated. 'I'herefe�re, it has been determined that a fair anc3 rcasonablc cstimatc c�f cach �arcePs bcnc�t f�r rcfusc cc�llcction is the building syuarc ti�ota�;c dctcrmincd fc�r cach ��arcel. ;�s noted previousl��, due to limited s}�ace and accessiUilit}', it is n�t �ractical f�r cach ��arcel or Uusiness �vithin President's Plaza 1 to ha�•c sc�arate cc�ntaincrs or agreements with thc �vastc haulcr. I Io��-c��cr, it is reco�,mizcd that the basclirie le��cl c�f scrvice (i.c., number�f bins, size of the bins and freyu�nc}� of ser��ice) established f��r the I�istrict ma}� nc>t be lclequate �r approj�riatelt� reflect the needs of changin�; business �vithin the llistrict. 'I'herefore, the follo�ving considerations and criteria shall be followed �vhen che le��el �f sen�ice ��ro�-ided rcyuires modifications: 1. If the level of service is reduced, the incremental cost sa��ings (if an��) �vill be revie�ved and applied as follo�vs: a. Rescn�e H'und �lccount — "1'hc C:it}' staff and thc owncrs' association �vill cvalua�c thc existin� a��ailable Resen�e I�unds to ensure 1n acce}�table amount of mone}• is being retained fvr �iormal anrnial operation of the llistrict. 13ased on this evaluation, the owncrs' association �i711 modif5• the annual rcport (rccommcndation to thc Cin� Council) to applt� all or a portiun of the cost sa��ings to rhe Resen�e ,�ccount. ,1 full�� funded Rescrve is an amc�unt cyual to approximatel`� onc half of all annual operatin�; expenses. I����wever, most operatin�; reserc�es arc npicall��less than 50`%�, but grcater than 2�°�, �f all annual o�erating cx�cnscs. }�, }Zeduced .�ssessments — �lfter re��iewing the Rcserve rlccc>unt, an}� cost savin�;� not applied to the Resen�e �\ccc�unt (Resen�e I�und Collection) �vill be passed vn to each parcel �vithin the District b}' reducing their annual assessment for the next fiscal ti�ear, in prc�i�ortion to thcir estimated Ucnefie (frc�m thc method of aP�ortionmcnt). 2. If the le��el of ser��ice is increased, the ineremental cost increase (if 1n��) �vill be re�-iewed and ap�licd as f�llc�ws: 1. ]ncreased service l�istrict-�tnde — ��'hen the current District �v1s renewed/fc�r�ned, an assessmcnt rangc formula was aj��ro��cd. '1'his formula providcd for anticij�ated cc�st c�f li�-ing increases, but also allo�ved s<�me Lleaibility for increased c�sts due to increased le�-els of service. If an increased level of service is reyuired for the entire District, the increase is reflectc:d in the annual budget. '1'his bud�;et increase �vill t�-�icall`• cause a ��c<��orti�mal increase c�f ihe annual assessment. lf the increased cost results in an �MuniFinancial P"�� � City of Pnbn De:crt I'rc•sident'>Plaia 1 PBII)Rc�ue��rrl E�rgt�teer'.� Repnrl F'r'20v^S/Z009 a>srsstiiciit ratc that exc'ccc{s tlic masitiititn xsscssmcnt allc��vccl, tlicn rescr�c tiincl� �i�ill bc� usc•cl tc� rcclucc thc sli1t111;iI asscssinciit t<� thc m.i�i�tiu�n as�r�snicnt all�>l��c�j. I1� ihc� rescr�•c lund i� �u>t sn{ticicn� tc� cu�•cr thc cc�st iva•casc, thc (;it�� (:��unril nia�� ��r����icic a tcmJx�rai�� Icnn tu ihc I)istrict c>r ccmcluct a ��rc>J�crt}' c���'ucr hallc�t ��rc�cccclinf; t��r ;�n �1Sti('Cti17ll'ill 111G'C�ISC. l�. Incrcascci �cr�•icc Cc�r ot�c ��arccl -- \\'hcil ihc currc�lt 1)istrict «as rcnc:�ti•cci/ti�i�mccl, a I.�aseline assessment rate• ancl ]c�-el c�f ser�•ire �r•as establishecl f<�r all prc���ertics tvithin thc Uistrict. :1s busincsscs �vithin �hc I�is�ricc chan�c c>r cc>ntinuc to �rc��v, thcsc businesses ma�• �;enerate � iieecl fc�r an increased level of sen�ice, but it is nc�t fair <�r cyuitablc t� s��rcad thc cost oi this iucrcasccl scil�icc t� c�t.hcr prol�crties u.�thin chc 1)istrict. 'l�hereEore, if a busi��ess rcyuires an increased Ierel c�f sei-��ice, �h�� rarricular husir�css c��vncr �r ihc c>��mcr c�f ihc pr��pert}� c>n which thc busincss is Ic�catcd, must ��ati• the resulting cost increase as a surchar�e. l;ither the CitS� c�r the l�ropert�• o�vner mati� initiate the necd for an increascd ser�•icc level. The Cit}• Council shall make the final determination as to the a�pr<�priate mechanism b�� �vhich the increased le�•el of ser�•ice �vill be pr�vidc:d. '1'he increased level of service ma�� be accom�lished b��: • Increasin�; the nutnber c�f pick-ups <�n the s��ecific bin(s) useci b�� the ��ropern• c�r busincss. • Increasing the size <�f the specific bin(s) used b�• the prc�pert�� or business if s��ace permits. • I'r�viding se�arate bin(s) f�r the ��roperty or business if space and accessibilit}� permits. • r1n��combination of the abo��e. "1'he costs associated with the increased level of service shall be the obligation �f the business and/or �ro(�ert�� owner which is provided �vith the addiuonal service. Pa��ment for the increased level of ser�-ice shall be reviewed bti� the o�vners associauon, which �vill make a rec��mmendation to the Cit�� Council for appro��al. 'I'he additiona] cost of providing the increased level c�f service ma�• be added to the annual assessment for the pro�ert}' as a surchar�;c (in adciiuon to their annual assessment), upon written �etition of the }�ropert}• owner and approval U�� the (:ity Council (1'his mati� reyuire a signed agrecment �et�veeii thc pro�ern• c»mer and the City� of Palm I�esert). }Iowe�-er, before an�� actic�n is taken to add a surchar�;c to the �ropert�� tax roll as plrt of the �roperh's annual asscssmetit, thc propert�� o�vner/business sh�ll work w7th (.:it�� staff and thc otvners association to cscablish the necessar�� le�-e] of additional service. and arrange for clirect pa}�ment for the service to the �vastc haulcr or thc Cih� if at all ��ossiblc. METHOD DF APPORTIONMENT CALCULATIONS The ap}�ortionment of bcneflt within thc llistrict utilizes a wcighting factor kno�vn as an i?yui��alent 13enefit lJnit (LF3tJ). Lach parcePs LBU represents a percentage of the tcatal N.13L.i applied For ihe entire Distric�. I�epenciing on the improvement or acti��it�� pro��ided, the I�.BL� assi�,med to each parccl is based on eithcr the parcePs de��elo�ment (apj�roximate building square foota�e) or the parcel's area of impro��ement (front foota�e tc� thc: I�arkin� �MuniFinancial Page 8 Cltt�of Prrlur Dr:ert Presirleut'�Plai�r 11'BII)Rerte���l F.'n�irreer'.: Rcpu�� F'1"Z��S/2009 lc�is). '1'hc cc�sl c�t� rc(usc c�c>llc�c�ic�u scr��icc� is a����c>rtic�nc<1 b:i>ccl c,u racl� ��arcc•1'� fij)�)tO\1111RIC I�111ICIlt1� �c�usu-c fc>r>ta�c. :1ll c�ihc•r im��r��vc�nci,is a>>ci ;cr�•iccs t�uncic�cl ihrc�ii�li thc l�isrrirt arc ass<>ci�ec�l ��•itl� thc ��arl:in�; l���s. "1'hc• t<�t<il cust ��{ tlic parl;in� Ic�t im��r����emenis anei �en�iees is al���c�rtirmed tc> each ��arcet ��aseci un their ti•clnt t����t.t€;�e t�� the j�arlcin�;lc�t�. '1'hc sum ��f cach ��arccl's }�r<�l>c�rricmatc sharc c�f rcliase cc�sts aiicl ��arl;in� lot a>sts rc��rescnis the F�arcel's '1'<�tal I�irect Cust. lii a<idit�ion tc> si j�arcel's 'I'�,tal l�irect (:ost, each E�arc�•] is RStiCSSC(I {Ot' �1CIL111I11S1C�lllU1] c�s��cnscs ��ncl a resc�l�c iund cc�ilecticm (Indirccc (:c�sts). '1'hc Inclirect (;osts fi�r each I�arcel ha.-e beeii a}����»'tioneei 1��� a percentage <>f the I�arc�l's I�irect C��sts, not tc> eaeeeci GCteen percent (l5°/,). '1'heref<>re, each parcel's "1'<�tal :lnnual ;lssessincnt is thc sum c�f its prc>��c�rti�tiatc sharc c�f thc 'I'c�tal I�ircct (;�st and "1'c.�ral Inclircct Costs. �\lchc�ugh each }?arcel's j�cc>}�ortic�nal benefit anci assessment f�r each iml�rc���ement is calculated indi��iduall��, each parcel's ma�;imuin lssessment is based c�n the ��arcel's cc��nbine�l assessment for all costs anci services. 'I'he rate a�}�1ied to am- c�ne improvetnent c>r sen•ice ma�• exceed the maximum rate c�ri�;inall}- established, }�rc>vided the parcel's ccnnbined assessment does rwt caceed the combined maximum as�cssment esrablished for nc� pro�crt}- (exduciing chati�;es in land use or devclopment). '1'he Count}' reyuires that all annual assessments le��ied and submitted for collecticm c�n tax bills bc rounded to the ncarest c��en pcnn�, thus allcnvin�; thc total asscssment to be s�lit into t�v� installments. In �rder to compl}'�vith the Countti�'s rec�uirements, the calculatic>n of each assessment comjxment (i.e., refuse costs, parking lot c<.>sts and indirect costs) is rc>unded t� the nearest e�•en �ennti� and then addecl together for the parcel's"I'otal .lnnual .1sse�sment. '1 he follo«�ing describes the �c:neral methcxl useci t<� arrive at each parcel's ��ro(�osed assessrncnt. APPORT/ONMENT OF D/RECT COSTS REFUSE COLLECTION ASSESSMENT "i'he "I'otal Refiise (�ost estimated for refiise scrviccs is based on the C:it��'s coiitract �uith a wastc hauler for servicc to President's I'lara I. 'This Total Refuse (:ost cii��idcd b�� the �stimated Total 13uilciing Syuare f�oota�;c establishes a Rate per building square fc�ot. "I'his Rate is inultipliec� b�• each parcel's esutnated builditi� sc�uare foc�ta�e to calculate the �arcel's proJ�ortionate share of the refuse service cc>st. Total Refuse Cost/Total Building Square Footage = Rate per Building Square Foot Rate x Parcel Building Square Footage = Refuse Assessment 'vore: For purposes of calculating the refuse assessment,the builcling syuare foc�tage for each Parcel has been rounded to ihe nearesr hundred square feet. Refer to:\Ppendix"I3" for building syuare fuotage ap�licd. �MuniFinanciai P"�e 9 City of Pcr/m I)e�:ert 1'rc<idc�ut'�P/rrza /1'1311)Kc�nc^�z�rrl F,'uKixec�i'.;Repur� F�r���osi�o�� �I'ab�e 1 ��r<�vicic� thc h��tu,c� a,sc>sn�cnt ratcs {��r l�iscal 1'�_.ir ?UllS �'0119 �lirc�u�,h l�iscal 1'car ?U12/2(1�i. Table 1: Building Size Proposed Rates Proposed Building Maximum Rate (per Square Foot) Fiscal Year 2008/2009 $ 0.4140 Fiscal Year 200912010 $ 0.4260 Fiscal Year 2010/2011 $ 0.4380 Fiscal Year 2011/2012 $ 0.4500 Fiscal Year 2012/2013 $ 0.4620 '1'here are curre:ntl`• fort��-tw� (-12) de��elopecl comrnercial properties ivithin rhe llistrict that are assessed for refuse collection ser��ices based on approxitnate building syuare fo<�t�t�e. (Refer to the :�ssessment Roll for indi�-idua) parccl Itefuse assessments). PARKING LOT ASSESSMENT 'I'hc "1'otal Lot Cost cstimatcd For parking lot irnprovcmcnts and sen�iccs (maititenancc) is bascd on �hc cstimatcd annual costs to maintain the landscaping, li�hting, and ��arking lot improvements, as tivcll as provide mechanical s�vecping of the parking lot, within Presidcnt's Plaza I. 7'his '1'otal I,�t Cost ciivided b}' thc ap�licd parking lot 'lotal I�ront }�ootagc, establishes a Rate per frc�nt foot. 'I'his Rate is multiplied bj� each parcel's applicd front f<x�tage to calculate the �arcel's �roportionate share of the parking lot maintenance cos�s. Total Lot Cost/Total Front Footage = Rate per Front Foot Rate per front foot x Parcel Front Footage = Parking Lot Assessment \ote: ►�or pur�oses<�f calculating the��arking lot assessment,each ParcePs front footage is based on the parcel's Cootage rounded to the nearest five feet. Refer ro:lppenclix"B"for front foc>tage applied. �MuniFinancial P`',�`' lo City uf Palm De:c�rt 1're<idenr's P/rrzrr 1 PI3IU Xene.��rrl - F'ngiuecr'c Report F}'2008/2009 7�a�71e 2 pr�>�•icics.thc Parkin�; l.c>t asscssmctit rxtc� fur l�iscal 1'car 20(l�/2UU9 t�hr<>u�;h l�iscal 1'car ?O12/2O13. Table 2: Parking Lot Proposed Rates Proposed Parking Maximum Rate (per Linear Foot) Fiscal Year 2008/2009 $ 10.9340 Fiscal Year 2009/2010 $ 112620 Fiscal Year 2010/2011 $ 11.6000 Fiscal Year 2011/2012 $ 11.9480 Fiscal Year 2012/2013 $ 12.3060 i111 �arcels �vithin the District recei�-e direct and special benefits from the parl:ing lot improvcments and serviccs. I:ach �f these parccls is ass�sscd proj�ortionatcl�• based on thcir front foc�tagc adjaccnt to the rarking lot. APPORT/ONMENT OF/ND/RECT COSTS 'I'o ensure the improvements, acci��ities, and serrices provided and funded through the I�iscrict are continued, each parcel �vill be assessed for its �roportional share of administrative and reserve costs (Indirect Costs). "1'hese Indirect Costs include all expenses related to the administration of the l�istrict as �vcll as che c�llection of money� to�vard a Rescr��e I�und. "l�he annual assessment for lndircct Costs has becn establishcci at fifteen E�ercent (1�`%,) of the"1'otal l�irect Costs assessed t<�each j�arcel. 'I'he sum of each�arcel's proporti�nate share of r�fuse cc�sts atid parking lot costs rc�resents the �arcel's I�irect Cost. 'I'his Direct Cost mult.i�lied bv fifteen percent (15"4,) represents each I�arcel's prc>portionate share of the Indirect Costs. Parcel's Total Direct Cost X I S% = Indirect Assessment ��U111Financial P�ge 11 Cit1�of P�tlnt Desc�rt 1're�ide�tt's Plrrza 1 PBID Re�icz��rrl F,'ngi�iec�r'.�Xeport f•'1'ZOOS/2009 Table 3��r���-idc; thc l�isu•ict's lnclircct �:c,st am��iints i<>r [�iscal Ycar ?UUS/2U(19 thr��u�h I�iscal 1'eai-2O12/2U13. Table 3: Total Proposed Indirect Costs Indirect Costs (total dollars) Fiscal Year 2008/2009 $ 24,036.00 Fiscal Year 2009/2010 $ 24,757.00 Fiscal Year 2010/2011 $ 25,500.00 Fiscal Year 2011/2012 $ 26,237.00 Fiscal Year 2012/2013 $ 26,957.00 TOTAL ANNUAL ASSE55MENT I;ach parcel's '1'otal ,�nnual ,�ssessment is the sum of their prop�rtionate share of the l�irect Costs and Indirect C�sts. 'I'he preceding descri�tion of the m�thod of apportionment outlines the estimated rnst and rates aprlied fc�r thc District and the maximum am�unt pr�jected. "I'he maYimum projected amc�unts �vere determined b}� a}��l��in�; an annual inflationary factor of three percent (3%�) cn�er the fi�-e-ti�ear durauon of the District based on the first ��e1r assessments. ANNUAL B[JDGET AOJUSTMENTS l�or the fivc ��cars of the term of the PBIll renewal, annual assessments tna�• be adjusted by� the President's Plaza I P13I1� o�vners' association u� to rhree percent (3°/,) per y�ear. ,�ctual annual adjustments ma�• range from zcro percent (0%�) to thrce percent (3`%). :�djustments ma�� ciiffer from ��ear to ��ear dependin�; on the sen-ice needs identified b�� the o���ners' association. In ant� event, assessments «7ll n�t exceed �he levels illustrated b�• the llistrict Bud�ct (Table 4). �1n�� annual budget surl�lus or dcficit �vill bc accrucd into thc foll��ving 5�car's PBIL� budgct. .lssess�nents �vill be set accc>rdingl��, �vithin the cc>nstraints of the lnnual adjustment, to acijust for sur�luscs or deficits that are carried forward. _ ..- - - - -- __. �MuniFinancial n�r�f� 12 (;it��of P�rlm 1)c��ert Precide��rt's Plrrirr 1 1'131D Rrueu•�r! 1',rtgi�trc-r'.<X��pur-� 1'}"2;u S/?009 DESCRIPTION OF BUDGET ITEMS DIRECT BENEFIT COSTS La�zdscupe Mainte�zance Co�ztract — I��clu�lc� all rc�;t�lat-l�� scllcciulecl !ab<�r, �natci�ia] (c.�;. ��i��c, fcrtilizcr, insccticicics), and cyuij�n,cni rcc�uircd tc> prc���crh� maintain and cnsurc thc �atisfactvr�' a>ticlitivn of all landscaj�in�;, irri�atit,n and draina�;c s�•s�cros, ai�d ap��urtcna�it facilitics. ;�11 landscal�in� iml�ro��cmenis �vithin t}�c l�istrict arc cc»itractcc� fc�r maintcnancc aucl ser�•ice c>n a re�;ular basis. '1'lie freyuenc�� and s��ecitic mainteiianee c�perations reyuire�l \V1fIll11 lI]C I�ISlf1C[ lti determined b�� Cie�• staCf, l�ut is �;enerall�� scheclulecl «�cekl>>. Landscape Water— i.'tilit�� cc�st tc> furnish ���ater reyuireci f<�r lanciscape irri�;ation. Ldnc�scajie Eleetrle — t�tilit�� cost for furnishing oC electricit}• reyuired for the o�erati��Z c�f thc irrigation s�-stcros ancl c�rnamcntal lightin�. Landscape Repairs — '1'his item indudcs rerairs that are nc�r normall�� included in thc �-earl�• maintenance contract cosrs. 'I'his ma�• include re�air of dama�ed amenities due to i�andalistn and storms. Planned up�radcs ma}• also bc: included. "I'hese upgrades mat' inclucle, but are: not limited to, re�lacin��lant materials c>r renovatic�ii �f irrigation s}•steins. Lighting — 1'he furnishing of electricit}� reyuired f�r the operation and maintenance of the lighcin� facilities (�-�arkiiig lot lightin�, including Uut not limitcd to, bulbs, fistures, polcs, �viring, and electrical energ��). "I'he Cit�� contracts for the furnishin�; of its electricit�� for lighting, �vhich inclucies normal maintenance and bulb ret�lacement. "I'his cost does not include repairs or replace���ent of dlma�ed faciliric� due rc7 vandalism, accidents or storms. Sweeping Services — ��'cekl}� cleaning of the parl:in� lots anci gutters using a contracted, mechanized sen�ice. Parking Lot Maintenance — Indudes all rc��;ularl}' schedulec] labor, matcrial, ancl cyuipmcnt for �atchin�; of asphalt, slurry scalin�;, and parkin� lot stri�ing requircd to �ro�erlv maintain and ensure the satisfacto►-}� condiuon of the parkin�; lots and ap}�urtenant facilities. 71�e frequenc�� and specific maintenance oF�erations rec�uired �vithin the District is dctcnnincd b�� (:it�� staff, but slurr�� scaling and �arlcin� lot �triping arc generall�� �cheduled atinuall}�, ���hile patching c>f asphalt is ��erformeci �n an as-needed batiis. Parkin�; 1<�t maintenancc f<�r slurr�' �calin�; and parkin� l�t striping within thc l�istrict is contractcd for service on a re�ular basis, �vhile patching of asE�halt ma�� be performed b�� (:it�� staff or contracted for service as nceded. Solid Waste Removal Services —'fhc fi�rnishin�; of bins and bi-wcckl}� collcction of solid waste. '1'he Cit�� contr�cts �vith a �vaste hauler for this ser�•ice. Onl�� devel�ped pro��erties (�t7th a structure) recei��e s�ecial benefit from this ser�•ice and are as�essecl for this sen�ice. INDIRECT BENEFIT COSTS District Administration —Thc cost co all cicpar�mcnts 1nd staff of thc Cit��, for i�ro��iding the c�ordination of District services, operatiotis anci rnaieitenance of the I�istrict, reslx�nse tc> �MuniFinancial r��tx� t 3 City uf Palnt 1)e�e�1�t Prc�<ideut'c PLn�r 1 PKII)Kene��al .E:ngi�rerr'.:Rcpun F'}'2�OS/?v^09 ��ul�lic a�iiccrn� and cclucati�,n, an<1 ��r��ccdures ass��ciatecl �vith thc Ic���� an�l c<�llccti��r� c�f assc�;�incnt�. '1'his c<�st als�� incltidcs c<,�ltrstctinF> >��itl� ��r<>fcssir�ti:il� tr> ��rc>�icic ,�ciclitic>nsil aclminis�rati�c, lcgal, c�r c�n�inccrin��, scr�•ic-c; �J,ccific <<� thc Ui�cric-t. County Administration Fee — "l�hi� is �hc acrual c��si <<, �hc l�i�t,-ici f<�r rhe Cou>>��- r�> cc>llcct I)istrict lsscssmcuts c�n thc ��r��l�crc�� ra� bills. '1'his char�;c is hasccl c>n a fl,�t r�tc ��cr tiincl iiuml>cr. County Per Pareel Fee — 'l'his is the c<>st tc> the I)istrict f<>r the Cc�unh� t� collrct asscssmcn�s <m thc ��ropern' tax bills. 'I'his char�;c is ��n a per asscssment basis, at S0.3G ��cr lsscssment, anci is i�i aclditic�n tc� thc Cc�unt�� ,\dminisrraci��n l�cc. Miscellaneortis Expenses — 'l�his is a fund for additional costs relateci t� l�istrict acirninistratic.,n including reyuired formation, d<>cume«tation, recordatic>n, and le�;�l fees. Reserve Fund Colleetion — 7'he Reser�-e Fund �rovides for collection �f funds t� c>�erate the District from the time peric�d of �ul`� l (beginnin� of the }�iscal Year) throu�;h Januar�� when ihe C�unt�• prc���ides the Cit�• with rhe first. installment c�f assessments collected from the propert}� ta� bills. '1'he Rescivc I�'und climinates thc necd for the Cit}� to tran�fer funds frc>m non-llistrict accc�unts to pa�� for I�istrict chargcs during the first half oC thc fiscal S�car. '1'he Reserve Pund ma5� also be used to offset an}� unCoreseen costs such as r�pairs, legal fees, revenue deficits, or increased costs due to inflltion or contractual agreements that are�;reater than c�riginall��planncd. LEVY BREAKDOWN Tota1l}istrict Costs —'1'his i� the sum t�tal of all bud�;cted Dircct and Indirect costs. Anticipated Defieft/Surplus —"I'his item ma}� include a�iticipated costs of the l�istrict thac e�:ceed the amount to be collected. '1'his item als� reflects beginnin� balance deficits. �ti'hen ihe actual cost and expenditures for the District are �,rreater than the amount budgeted and collectecl in the �rior fiscal ��ear, the I�istrict has a 13eginnin�; Balance I�eficit. 'I'his deficit ma}� be the result of unforeseen and extraorciinar}� c�sts incurred, or assessments actua115� c�llected being less than anticipated. �ti'hen a deficit occurs, the deficit am�unt ina�- be added to the amount to be collected throu�;h the lea�� for tlie curr�nr fiscal ��ear or reco��ered throu�;h use of thc Iteservc I�und. ��'hen the actual costs anc3 cxpenditures for the District are less than che amount budgeted and collected in the }�rior fiscal ��ear, the llistrict has a Iieginning Balance Surplus. ��'IICII a sur�lus occurs, the am�>unt ma�� be used to reduce assessments for the followin�t�ear or ma�� be added to the Rescrve I�uncl. Other Revenue Sources — '1'his item ma}� includc addirional funds desi��atcci for use b�� the l�istrict that are not from llistrict assessments. 'I'hese funds ate added t� the llistrict account and ma�� be added to the Reserve I�und or used to recluce assessments, and ma}• be frc>m either non-District or llistrict sources including Cit}• General I�und (;ontributic>ns or interest earnings on thc Rescrve I�und. Balance to Levy=]'his is thc total amount lo bc levicci and collccted through assessmentti fc>r the current fiscal �•ear. '1'he I�alance to Le�•}• i�e��resents the sutn of"1'otal I�irect Costs, �Mu�iFinancial P",�`� 1� Cit�'ujPRlm De:ert Pre�sidcnt's Plazrr I PBID Keueu�al 1:'ugi,ree�'.c Repu�7 F'1"2008/?C09 lnclirccr (;c>,ts. Kc�•cnu�� I)ctici�;, Othcr l�c��cnnc Sc�iirccs, ltc�•cnuc Siir�>lusc�, ancl Cc�nrril�utic�n Rc��lciiishcncnts. DISTRICT STATISTICS Total Number of Parcels —'l h�• �c>cal numl�cr c�f E�arccls ��ichin thc I)isirict. Total Parcels Levied — '17�c tc�tal nurnbcr <�i }�acccls «�ithin thc I�isirict that �vill l�c asscs�ecl. I�c�n-as,essecl lc>ts ru }�areels inelucic easemenes, e�m�m�m areas, at�d ��arcels �vithin the bc�unciaric� c�Fihc llistrict ihat currcnilti' cic� nc�t bcncfit frc�m the im�rc>��cmcnts. Total Building Square Footage — '1'his is the surn ec�tal c�i the builciin�; syuare foota�re ap��liccl to parcels within thc l�istrict. Total Parking Lot Front Footage (parking lot) — '1'his is thc sum tc�tal oC the parkin� lot front footagc ap��liccl ic>parccls �vithin thc l�istrict. Levy Rate per Building Square Foot — '1'his amc�unt represents the Rate bein� applied tc� each parcel's individuzl building syu�rc foota�;e (calculation of each parcel's proport.ionatc share �f refuse collection cc�sts). '17ie I.e�-}� Rate �er Syuare f�o�t is the result of dividin�; the est.imated tocal reEuse cost for that ��e1r b}• the sum of the District's 'I'�tal I3uilding Syuare rootage. "1'he rate is calculated to threc decimal}�laces. Levy Rate per Front Foot — 'I'hiti amount re�resents the Rate bein�; applicd t� cach parccl's inciividual �arkin� lot frcmt foc.�tagc (calculation of thc parcel's proportionatc sharc of parkin�lot maintenance costs). The Le«� Rate per f�ront I�oot is the resulc of diviciing the est.irnated total parkin� lc.�t costs for �hat }�ear b}• the sum of the llistrict's 7'otal Plrking ],c.�t I�ront I�ootage. "1'he rate is calculated to three decimal places. Levy Rate for Inc�irect Costs — "1'his amount represents the percenta�e applied to each parcel's Direct Costs to determine the �arcePs proj�ortionate share of the amount to be assessed for administrltive ex�enses and Reserve I�und Collection. .1 maximum rate of fifteen E�ercent (15%) has been established. It is anticipated that the maximum amount �vill bc collcctcd cach ��car in ordcr to cstablish and maintain a rcasonablc Rescrvc i�und. DISTRICT BUDGET The l�istrict 13ud�et shown on the follc��ving �age (Table 4) lists the estimated costs of f�rovidin� the various improvemenis and services. "1'he costs and the resultin�; rate for each I�iscal �'ear is based on thc cstimatcd costs to provide thc imrro��ements and sen�ices that y�ear. 'I'he projected annual costs anticipaced over the five-}'ear duration oC the llistrict assessments ha��e been calculated based on an annual inflauonan� factor of three �ercent (3°%�) from the first ftscal }•ear. Ho�vever, this inflation factor does not mean the assessments «.-ill increase annuall�� b�� three ��crcent (3°%). 1'he o�vners' association ap�oinred b�• the (;in� Cc>uncil, �vill annuall�� revie�v the District costs and make recc�mmendations for an}• chan�;es or acijustments to the budget. Chatiges tc� the budget, coulci result in changes to thc annual assessment, bi�t the resulting total asscssment ma�� not excced the maxiinum rates c:stablished in this Report �vithc�ut Cirst c.�btaining I�ropert}� c>wner appro��al through assessment ballots. �MuniFin�ciai Page 1 S City uf Palm De«�tt Prrsident'c Plrtza 1 I'131D IZc�ic�u�rrl EnKir�cer'�Report I�Y ZC�b'/?��9 Table 4: Five Year Budgef Maximum Proposed Assessment for Fiscal Years 6udgel Item FY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 Direcf Beneht Costs Landscape Mainlenance Costs S 5.912 S 6,090 5 f;,272 5 6.461 $ 6.654 Landscape Water 4,637 4,776 4,919 5,067 5.219 I.andscape[lecirir. - - - - Lantlscape Repairs 4,057 4,179 4,305 4,434 4,567 Miscellancous - - - I.ighting 11.593 11.941 12,299 12,668 13,046 Sweeping Services 4,637 4,776 4,919 5,067 5,219 Parking Lol Maintenance 10.000 10,300 10.609 10.927 11,255 Subtotal of Services based on parking lot iront footage $ 40,837 $ 42,Q62 $ 43,324 $ 44,623 $ 45,961 Solid Waste Removal Services 119.405 122,987 126.677 130.287 133.753 Subtotal of Services based on building square footage $ 119,405 S 122,987 $ 126,677 $ 130,287 $ 133,753 Direcl f3enefit Subtolal $ 160,242 S 165,049 $ 170,001 $ 174,911 $ 179,714 Indirect Costs Districl Administration 11,012 11,252 11,500 11,746 11,986 County Adminislralion Fee 139 143 148 152 157 Counly Per Parcel Fee 15 15 15 15 15 Miscellaneous Expenses 4.858 5,094 5,337 5,578 5,814 Adminislrative Subtotal $ 16,024 S 16,505 $ 17,000 $ 17,491 $ 17,971 Reserve Fund Collectian(5%) 8.012 8.252 8,500 8.746 8,986 Indirect Cost Subtotal $ 24,036 $ 24,757 $ 25,500 3 26,237 $ 26,957 Levv 82akdown Total Direct and Indirect Costs 184,278 189,807 195,501 201,147 206,671 Anticipated Deficit or Surplus - - - - - Other Revenue Sources - Balance to Levy $ 184,278 $ 189,807 $ 195,501 $ 201,147 $ 206,671 °/increase 11 25% 3 00% 3 00% 2 89% 2]5% Amount Balloted Dist�ct Statistics Total Parcels 46 46 46 46 46 Total Parcels To Levy 42 42 42 42 42 Total Building Square Footage 288,900 288,900 288,900 288,900 288,900 Total Front Footage(Parking Lot) 3,735 3,735 3,735 3,735 3J35 Levy Rate per Builqing Square Foot $ 0.4140 $ 0.4260 $ 0.4380 3 0.4500 $ 0 4620 %increase 3.24% 2 90% 2.82% 2.74% 2.67% Levy Rate per Front Foot 5 10 9340 $ 112620 5 11.6000 $ 11.9480 S 12.3060 %increase 36.40% 3.00% 3.00% 3.00% 3 00% Levy Rate tor Admin/Reserves 15.00% 15.00% 15.00% 15.00% 15.00% Reserve Fund 8alance Previous Balance 59,721 67,733 75,986 84,486 93,231 Ending Balance 67.733 75.986 84.486 93,231 102.217 Mapmum annual assessmenis for Girect costs antl Oistnct anA counry aCministrat�on for FV 2008�09 are increasetl by 3%Vom the prev�ous F�scai Year fa each year except for FV 2011r1012 antl FV 201?J2013,where the Ei�ect cosis are increased less than 3%p "'Indirect costs are calculated as 15%of tluect costs jP�FY 200&2009 tl�stnct admmrsVation costs are calcWateO as 5%of Aved costs plus 53.000 for tlistnct adm�n�stration consull�ng serv�ces Sources C�y of Palm Dese�.MuniFinancial �MuniFinancial n`'�� t6 Cit1�uf P�r/m Decert Pre<ide�rt'.c Plnza 1 1'BII�Xenr��rrl I;u�ineer'.<Repurt F'}"Z��S/2Cv9 APPENDIX A -BOUNDARY MAP 'I'he 13<>uuctar�• I�Ia(� C��r t1��c I)istric� is ��n thc ii�ll<nvin� ��agc ancl is inclusi�•c• c>t all j�arccls idct�tificd on �hc (;��unt}' c>f Ri�•ersicjc .�s�css<�t's Parccl ��1a��s a� licx�l; 6?7, I'a�;c� ?12, ??1 lnci ?22. '('he I�c�uncjar�• ,�fa}� ��'ill bc I;cj�t c.m tilc \Vlljl thc (;it}� (:Icrk uf thc (;it� c�f Palm Ucscrt. {��r thc I'ublic 1lclrin� cm tliis l�istrict, thc l�inal I�:n�;incr�'s Itc}�cn-t ��.711 c<mtain an ;lsscs,incnt 1)ia�ram. -- — — — —. _.— ..— — -- -- — -- -- — Pcrge>.�-I �MuniFinancial ^ � � o ' ^� � � � � \ � i �.. OO C � 'y O � (r Q y ^� � � �� - ---- - - - — — - _ ._ _ . W i ~ ° � `� 1 � � � ri a� � � � � a �����z �s�� ��� � �e ¢��t��� ��< �s�� ��� fl � � ������ �� � ���� ��� � �a � �g � � � � €�. �� ���� � s� �� as�l � ��� x n,€� � � �a�c��4 a���Er g �� ���� � € ������� � �i� p � � :�� ���� ' �. ,�.�, �� � ��� _�_:: � o e _ _ -- - �:���.: � -- �-= - �-�� � � .z o - �=�1�� ������ �� - � � � o � � - ��� o � -_ ` ����::- ,��_. m a a g � r la�I�.._.111.J�......... o�� � � ��� �e� � � � � � � a�� ��� � � � m oao � � � s � - � � � � u. _ .�� aK "'' C O � o << o� � o � � - �o � � � � � o � � 0 0 � � o �, ,�, � �� 4 � � {.� y �� q C � � � � I � v i C.it�•nf P�rlur Drsert Presideut'>P(nzrr 1 1'BID Xenewnl E:'rrgi�teer's Rcpurt F'}"2008/?009 APPENDIX B - PARCEL LEVY INFORMATION '1'hc ti�llcnvin�;��arccl int<�rinatic�n includin�;l�iiilclins; sytiarc f�x�taf�c ancl ii•ont f�>ota�c: is u�ccl in calculatint; cacl� E�arccl's I�rc>}�c>rtic�nat< sharc c�f all l�istrict (:c>sts. Parcel Information Parking Front Building Asmt Assessor Footage for FY Square Feet or No. Parcel Number Situs No. Situs Street 2008-09 FY 2008-09 1 627-212-002 73669 HIGHWAY 111 50 3,900 2 627-212-003 73677 HIGHWAY 111 200 8,700 3 627-212-004 73640 EL PASEO 170 12,100 4 627-212-005 73690 EL PASEO 50 8,200 5 627-212-006 73660 EL PASEO 50 5,800 6 627-212-009 73731 HIGHWAY 111 100 8,500 7 627-212-010 73625 HIGHWAY 111 220 21,000 8 627-212-011 73759 HIGHWAY 111 50 4,800 9 627-212-012 73670 EL PASEO 100 10,200 10 627-212-014 73700 EL PASEO 50 3,200 11 627-212-015 73730 EL PASEO 50 5,000 12 627-212-017 73722 EL PASEO 50 2,400 13 627-221-001 73710 EL PASEO 50 5,000 14 627-221-002 73741 HIGHWAY 111 50 4,800 15 627-221-004 73851 HIGHWAY 111 50 3,300 16 627-221-008 73801 HIGHWAY 111 225 1,600 17 627-221-009 45145 SAN LUIS REY 215 18,200 18 627-221-010 73740 EL PASEO 50 5,300 19 627-222-002 73861 HIGHWAY 111 50 3,300 20 627-222-003 73965 HIGHWAY 111 50 4,700 21 627-222-004 73891 HIGHWAY 111 100 6,700 22 627-222-005 73900 EL PASEO 50 5,100 23 627-222-008 73920 EL PASEO 50 5,000 24 627-222-014 73750 EL PASEO 50 4,600 25 627-222-015 73930 EL PASEO 50 5,200 26 627-222-021 73873 HIGHWAY 111 50 3,000 27 627-222-024 73845 HIGHWAY 111 50 4,400 28 627-222-025 50 3,800 29 627-222-026 73910 EL PASEO 50 5,000 30 627-222-027 73981 HIGHWAY 111 50 3,900 31 627-222-028 73890 EL PASEO 100 9,900 32 627-222-029 73940 EL PASEO 50 5,000 33 627-222-030 73833 HIGHWAY 111 150 8,200 34 627-222-034 73925 HIGHWAY 111 100 6,300 35 627-222-038 50 5,000 36 627-222-041 73950 EL PASEO 50 4,800 37 627-2Z2-044 73941 HIGHWAY 111 100 7,800 38 627-222-048 73990 EL PASEO 140 13,300 39 627-222-052 73885 HIGHWAY 111 75 5,900 40 627-222-053 73970 EL PASEO 100 15,000 41 627-222-055 73820 EL PASEO 250 11,700 42 627-222-058 73993 HIGHWAY 111 140 9,300 Total 3,735 288,900 - - - - - --- -- -- -Prrge B-1 �MuniFinancial (:it�'o(Pahrr 1)<�±ert 1'resident'c Plrrz�r 1 PBIU Keue�u�rl F'u,�i�ree�r'� llepurt f��' ?:�S./?�09 APPENDIX C —ASSESSMENT ROLL 1'arccl icicntificalic,n, fc.�r cach lc�t c�r }�arcc:l wiehin tlit� 1)istrict, shall 1��� �hc ��,�cc��l as shc,�vii c�n thc (;c�unt� ,�.scss<n'� \Ta}� fc�r thc �'car in �ti�hich this Itelx�rt is }�rc}�arcd. "f'hr .lsscssincnt Itcill, �vl�ich includcs a listin�; c�f asscssc>r parccls assc�sccl �vlllllll �his I)istrict, �IU11�\L'1[Il 1I1C11" �1tiSf'SStll(�nt amc>unts, is shc����n iu Table 5 c>n ihc fc�ll<����ins;��si�c. -- - . _.. _._- ---- -- ��--� - � - ----. .-.. - P�rh���c;-r �MuniFinancial (;it��of�Palm Decrrt Pre�ICIE'lll'<I'lrrzcr 1 PBID Kerrru��rl F.nginc:er': Repurt F'}'2008/2�C9 Table 5: Assessment Roll Parking Front Building Total Footage Square Feet Indirect Costs Assessment Asmt Assessor Assessment for FY Assessment Assessment for FY 2008- No. Parcet Number Situs No. Situs Street 2008-09 for FY 2008-09 for FY 2008-09 09 1 627-212-002 73669 HIGHWAY 111 $ 546.70 $ 1,614 60 S 324.20 $ 2,485 50 2 627-212-003 73677 HIGHWAY 111 2.186 80 3,601 80 868.30 6,656 90 3 627-212-004 73640 EL PASEO 1,858J8 5,009 40 1.030 22 7,898 40 4 627-212-005 73690 EL PASEO 546.70 3,394.80 591.22 4,532.72 5 627-212-006 73660 EL PASEO 546J0 2,401.20 442 16 3,390 08 6 627-212-009 73731 HIGHWAY 111 1,093 40 3.519 00 691 86 5,304 26 7 627-212-010 73625 HIGHWAY 111 2,40548 8,694.00 1,664.92 12,764.40 8 627-212-011 73759 HIGHWAY 111 546.70 1,987 20 380 08 2,913 98 9 627-212-012 73670 EL PASEO 1,093.40 4,222.80 797 44 6,113.64 10 627-212-014 73700 EL PASEO 546.70 1,324 80 280.72 2,15222 11 627-212-015 73730 EL PASEO 546.70 2,070 00 392 50 3,009 20 627-212-016 12 627-212-017 73722 EL PASEO 546.70 993.60 231.04 1,771.34 13 627-221-001 73710 EL PASEO 546 70 2,070.00 392.50 3,009 20 14 627-221-002 73741 HIGHWAY 111 546 70 1,987.20 380.08 2,913 98 15 627-221-004 73851 HIGHWAY 111 546J0 1,366 20 286 94 2,199,84 16 627-221-008 73801 HIGHWAY 111 2,460 15 662.40 468.38 3,590.93 17 627-221-009 45145 SAN LUIS REY 2,350 81 7,534 80 1,482 84 11,368 45 18 627-221-010 73740 E�PASEO 54670 2,194 20 411 14 3,152 04 627-221-011 19 627-222-002 73861 HIGHWAY 111 546.70 1,366.20 286.94 2,199.84 20 627-222-003 73965 HIGHWAY 111 546.70 1,945.80 373.88 2,866.38 21 627-222-004 73891 HIGHWAY 111 1,093.40 2,773 80 580 08 4,44728 22 627-222-005 73900 EL PASEO 546.70 2,111 40 398.72 3,056.82 23 627-222-008 73920 EL PASEO 546.70 2,070.00 392.50 3,009.20 24 627-222-014 73750 EL PASEO 546.70 1,904.40 367.66 2,81876 25 627-222-015 73930 EL PASEO 546.70 2,152.80 404.92 3,104.42 26 627-222-021 73873 HIGHWAY 111 54670 1,242 00 266 30 2,057.00 27 627-222-024 73845 HIGHWAY 111 546.70 1,821.60 355.24 2,723.54 28 627-222-025 546.70 1,573 20 317.98 2,437.88 29 627-222-026 73910 EL PASEO 546.70 2,070.00 392.50 3,009.20 30 627-222-027 73981 HIGHWAY 111 546.70 1,614.60 324.20 2,485.50 31 627-222-028 73890 EL PASEO 1,093 40 4,098.60 778.80 5,970.80 32 627-222-029 73940 EL PASEO 546.70 2,070.00 392 50 3,00920 33 627-222-030 73833 HIGHWAY 111 1,640.10 3,394 80 755.24 5,790.14 34 627-222-034 73925 HIGHWAY111 1,09340 2,608.20 555.24 4,256.84 35 627-222-038 54670 2,070 00 392.50 3,00920 36 627-222-041 73950 EL PASEO 546.70 1,987.20 380.08 2,913.98 627-222-042 627-222-043 37 627-222-044 73941 HIGHWAY 111 1,093.40 3,229.20 648.40 4,971.00 38 627-222-046 73990 EL PASEO 1,53076 5,506.20 1,055.54 8,092.50 39 627-222-052 73885 HIGHWAY 111 820.05 2,442.60 469.40 3,752 05 40 627-222-053 73970 ELPASEO 1,09340 6,210.00 1,095.52 8,398.92 41 627-222-055 73820 EL PASEO 2,733.50 4,843.80 1,136 60 8,713.90 42 627-222-058 73993 HIGHWAY111 1,53076 3,85020 807.14 6,188.10 Total 5 40,838.49 � 119,604.60 $ 24,066.44 $184,509.53 "'Due to round�ng,totals may not add up to 5184.27821. Sources Rrverslde County Securetl Rdl.MuniFinancial - - -- -- - --- --.- . .- -- - Page G? �MuniF�ancial CITY OF PALM DESERT :+��. - , PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT RENEWAL MANAGEMENT DISTRICT PLAN FiscA� YEaRs 2008/2009 ro 2012/2013 Intcnt Mccting: May 22, 2008 1'ublic H carin�;: J uly 10, 2008 �MuniFinancial Corporate O�ce O�ce Locations 273G$�'ia lndustria .\nahcim,(::1 Oakland,C.-1 Suitc 110 I.ancaster,C_� 1'hoenix,_�I 'I'emecula,C:\ 92590 I.,os .-ingeles Re�ional Officc Sacramento,C:1 'I'el: (9�l) 5H7-3500 Seattle,A�':A San Diego,(:_-1 �i�Ei: �soo� �»-�rt�Ni �����a� rax: (951) 587-3�1i) ww�v.muni.com TABLE OF CONTENTS �VERVIEW............................................................................................ 1 Introduction � Formation � DESCRIPTION OF THE DISTRICT .............................................................. 3 District Boundary 3 Improvements and Activities 3 Special Benefits of the Improvements and Activities 4 METHOD OF APPORTIONMENT................................................................ 6 Method of Apportionment Rationale 6 Parking Lot Improvements and Services 6 Solid Waste(Refuse) Collection Services g Method of Apportionment Calculations g Apportionment of Direct Costs g Apportionment of Indirect Costs 11 Total Annual Assessment �2 Annual Budget Adjustments �2 DESCRIPTION OF BUDGET ITEMS .......................................................... �3 Direct Benefit Costs 13 Indirect Benefit Costs 13 Levy Breakdown 14 District Statistics 15 District Budget 15 APPENDIX A —BOUNDARY MAP.......................................................... - A1 APPENDIX B — PARCEL LEVY INFORMATION..........................................B-1 APPENDIX C ASSESSMENT ROLL .....................................................C-1 �MuniFi�ancial r��`'t Citl�of l'rrint Dc•:c��t 1'resideut'>1'/rriri 1 PBII)Re�re.���z! A�rr�ingenrc��rt Dish•ict 1'lrtu F}"200&/?^09 ❑VERVIEW INTRODUCTION "l�hc (:ir�� c�f Paln, I)cscrt ("(;it��") fc>rmccl ancl c�tablishcd thc Prc•sidcnt's Plaza I Prc>��crt�� aiicl 13u5incss ImJ�r����cmcnt i�ssc��ineiit I)istrict ("I)istrict"� I)C'�1t1111i1� in I�iscal Ycar 1998/1999 tc� }�rc��•icle imprcmcmcnts ancl acti�•irics that ccn,fcr s��ccial bcncfiis upon rcal j�roj�crtt� �vithin thc• b<�unc3arics vf thc l�istrict. "1'hc l�istrict �vas cstablished anc3 lcvicc3 ��ursu�ttit to 1'rc���crn' and I�usincss iml�ro��emcnt I�istrict i�i�v <�f 199-3, P1rt 7 c�f I�i��isic>n 1£i �f tlie California Streets atid I li�hwa��s Cexie (the rlet). 1'ursuanr tc� the ,1ct, (�rc>�c.rt�� o�vners within thc Uistrict submittcd a signcd j�ctitic»i rcyucstin� formati<�n ��f thc llistrict. 'I'hc District was succcssfull}- formcd for a rerm of five ��cars CI](�lll�? 117 I�iscal Ycar 2002/2003 and successfull�� renewed in I�iscal Year 2003/2004 for a term of five j•ears endin� in I�'iscal Ycar 2007/2008. I�or cach tcrm, a maximum asscssment �vas a�proved by� the pr�pern• owners throu�h an assessme:nt ballot proceedin�;, conducted according to provisions of the California Constituticm Articic XIIID ("Proposition 2l8"). Piscal Ycar 2007/200H is the last ��ear of the term of the currentl�� existing I�istrict. L,'nder the I�rovisions of the .�ct, the ��roperh- owners ���ithin the District may renew the T�istrict for a makimum term of ten (10) }�cars. 'I'hc rene�val proccss is thc same as that oC the original forination. I'ursuant to the ,1ct, the Cin� proposes to annuall�� lev}� and collect assessments to provide fundin� for improvements and activities authorized ���ithin the District for a periocl of five }�ears (I�'iscal Ycars 2008/2009 throu�h 2U12/2013). 'I'his �lanagement llistrict Plan ("Plan") describ�s the District, improvements and actieities, method of apj�ortionment, the propos�d assessments for the current fiscal 5•ear, and the maximum assessment pr�}�osed f�r the five-}�c ar duration of the rene�ved Districc. 'I'he proposed assessments are based on the estimated cc>st to �ro�-ide the impro��ements, acti�•ities, and oJ�erations that proeide a direct and special benefit ro properties within the llistrict. "1'he costs caf im�rovements, acuvities, and operations include all espenditures, deficits, surpluscs, revenues, and resetves. 'I'he word "propert}•," for the �urposes of this Plan, refers to real propert}' situatcd �tnthin thc llistrict, and idcntificd as an indi��idual pro�crt}� �r �arccl assigncd its o�vn ,lssessc�i's Parcel Number (r1PN) b�� the Count�� of Riverside r�ssessor's Office. 'I'he Countti� of 12i�-crside .�uditor/(;ontroller uses r1PNs to identif�• on the tax roll parcels and [�roperties assesscd for taacs, special asscssmcnts, and fccs and charges. FORMATION r\ �vritten petition of the pro]�crn• owncrs within the llistrict, rc�resentin� more than �i0 percent of the proposeci assessment to be levied must be submitted tc> the 1'alm llesert (;it�� Co�mcil in ordcr to procccd with thc District fc�rmation. rlfter thc rcyuircd si�r�atures havc been gathered, the Cit�� Council may initiate pr�ceedin�s for the renewal of the I�istrict b�� ado(�ting a resolution eapressing its intention to fortn/rene��,� the l�istrict. '1'he resolutic�n c�f intention will reference the I�.n�ineer's Report and the I�lanagement District I'lan, and will �MuniFin�'1CIa� P�rgr 1 (:ity u/P�tlne Ih•:c°r� Prc��itl��u[':Pl�rz�r I I'BID Re�rr�z•crl :tr�t�,age„rc�,ir ni:r►7cr r'lrrn FY 200fi/2Cu9 ��r����iclr n��tice <>f thc timc ancl ��lac�c ��f a ��ul�lic l�carin�; �m thc rc-cstai�lishmc:nt c>f thc 1)l�lI"IC1 AtiC� �C\'1' U� fi�tiC�titlll'ill�. \l'��ithin ��U da�'s ��f acl<�}�tin�; the re,<�luti�m �>f intenti<ni, ehe (;it�' (.:�xincil tn>t�� h��lcl a ��ul�lic hearin�� e�n ilie matter, and cause n<>tice t�� l�e ��rc���ielecl to the ��r����ert}' <�wners l�ursua�it r�� Sc°cticm 5-4954.6 of the (;<�rerntnent (:�>de. :lssessment l�all��ts (I�r����ert�� o���nec J�rotc�t hall��ts) ���<�uld bc mailcd to each ��r��pert�� o�vner at lc�st 45 dati�s ��ri�>r to ihc �uhlic hcarin�; ��t�rsuant ic�Article.l'IIID of the California Constitution. ;�t thc public hcarin� thc Cit�' C:ouncil ma�• ��r<���idc thc l�ublic ancl j�r����crt}- ���vncr� an opp�>rtunirt' to �ro��ide ora] }�rotesis and �vritren ��rotests pri<�r t�o ihe ad<�peic�n of the l�;n�;inccr's' Rcport ancl �hc �lanapemcnt District I'lan. Pursuant tc� thc Californta Constitutinn Article XIIID, thc Citt� Council���ill tabulate prc>��ert} c>�vnec assessment ballc>ts rccci�-ed from �roperty ownca-s in order to detcrmine �vhether majorih' (�rotest cxists. "i�his tabulatic>n �vill �ccur after the close of the Public Hearin�. lf the propern' owners apprc��-e the renewal oF the I�istrict and im�sositian oF eic�v asscssmcnts, thc (:it�� Council will ap�oint an o�uners association for thc llistrict. 'I'his owners associatic�n shall make recommendauons to the Citti- Council regardin�; the eYpenditures c>f re�-CIlUC deri�•ed from the le���� of assessments and on the classification of properties as applicable. ,�t lcast one member of the o�vners association shall be a business licensee within the I�istrict �vho is not a pr���ert�• holder «�ithin the llistrict. 'I'his o�uners assc�ciation shall cause to be F�repared a reF�ort each fiscal t•ear for �vhich assessments are to be le��ied and collected. Said annual report shall be filed with the Cit}'Clerk and shall contain: an�� proposed changes ru thc ciistrict boundart; the im�rvvemenrs and acti��ities to bc: I�ro��ided that ��ear; the estimatecl costs for that ��ear; the method of assessment; the atnount of an�� surplus or dcficit; and C(�Tl[tl}�UC10I7ti from �thcr sourccs. '1'hc Cit�� C�uncil mati� ap(�ro�-c thc report as subtnit�cd �r as modificc�. �Mu�iFinancial P`'��2 (;it�'o/!'�r/»t I)��:rrl Pr��cidr�ut's/'/rtrrr 1 1'BID Ke�rreu�al :ti4�nra,��e-mrxt I)i>trict PI<ni f'1"?J�8/�C�v DESCRIPTION ❑F THE DISTRICT DISTRICT BOUNDARY 'I'hc llisu•ict ccrosist� c�f all j�arccls lc�catccl in thc cc�rnmcrcial l�u�inc�,s arca Icnc>«�u as nc� Presicicnt's Pla•r.a I ���ithin thc Cit�- c�f Palm I�csert, Cc�untti c�f Ri�•crsidc. "I'hc Uisirict includcs f��rt�•-two (-12) asscsscd commcrcial parccls and ihrcc (3) non-conti�u��us ancj rion- assessecl ��arl;iiif;lc>t ��arccls and one (1) n�m-assessed cascmcnt/���alkwa�' �arcel. '1'hc brwndan• r>f thc propc>s��d l�isu�icr �ncl the ��arccls thcrcin arc l�catccl South c>f Palm l�esert l�ri��c .tt I�i�;h�va�• 111; North c>f I�;1 1'asecr ��'est c>f ]'or�.ola ��venue; anci I�;ast of Larkspur I,a�1c. Presidcnt's Plaza I is commonly� rcf�rrcd to 1s 1'resicicnt's Plaza l;ast (thc area east of San T.uis Ke�� :lvenue); and President's Plaza �t�'est (tlic area west of Sati I,uis Ite�� �1t�cnuc) locatcd�vithin the boundarics of thc I�istrict. IMPROVEMENTS AND ACTIVITIES In an effc>rt to enhance and improvc busincss op�orttmitics and the appcarance of thc area knc�wn as thc I'resicient's Plaza ], thc Cit�� pro��idcd funds for thc rcnovation and carital impr<n�ement of the parl:inp lot 1nd latidscaped areas relateci to this comtnercial business center. [n cc�njuncti�n with this reno��ation, President's Plaza I Propert�� and 13usiness Improvcmcnt l�istrict was formcd in 1998 to providc and ensure the c�ntinucd maintenancc c:>f the improremeilts after the reiioratiuns haci been completed. In 2003, the propertj� ��wners renewe:ci the l�istrict for a fivc (5) }'ear term and the assessments that were levied continued to proi�ide funciing for this maintenance. Should the l�istrict be rene�ved for another five (�) S�ear term, the assessments generated will continue to provide the necessar}� re��enue for the maintenance, and an increase in assessment�vill be added effective Gscal ��ear 2008/2008 Uased on anticipated increases in coses f�r the T�istrice's acci��ities and fc>r parking lot maintcnance. It has bcen deterinined that the prc>perries within the llistrict and the businesses a�sociated with thc�se j�roperties recei�-e speciaJ anc] disrinct benefits from the improvements and activities to be funded throu�h the assessments. "1'he impro��emcnts include the necessarti� activities, services, ope:ration, aciministration, anci maintenance re9uired to kee�� the im�ro��ements in satisfactor}' condition including labor, material, and eyuipment. '1'he sen-ices mat� inclucle but arc riot limited to regular mainrenance, repair, removal c�r replacemene c>f all or an�� part of the impro�'ements includi�i� patching of as�halt, slurr}� sealing, and striping c>f the�arking lot arcas; remo��al of trimmin�s, rubbish, debris and other solid waste; the cicanin�, sandblastin�;, and re��aintin�; c�f wall� and other im��rovcments to rem��•e or c�ver graffiti; pro��idin�; for the growth, health and beaut�� of landsca�ing ancl li�;hting including culti��ation, trimming, spra��ing, fcrtilizing or trcaring f�r discasc or d1ma�;c; as ��,�cll as suppl}•iii� cicccssan• irri�ation and cicctrical cnerg�•. "1'hc ���ccific iml�rcn-emcnts and acti��itics includc: • Parking lot landscaped areas: including, bu� not limited �o, grotmd cover, shrubs, trees, �lants, irrigation and drainage s�•stems and associated appurtenant facilities; �MuniFi�anraal P�t'`�'; (;it�•nJ Pr�lrn I)e�rrt 1'rc�side�rit'�Plaz�t I 1'7311.)Krrrc�u�al �tlnnagrntc�xt Uistrirl I'Irr�r F'}'ZO�S/ZCG9 • Parking lot lighting facilitics: inclu�lin��, but nut lin�itccl t<�, l�ull��, fi�turc<, �x>Ics, cti•irin,�, ancl ciccteical cnei;�t�; • Dcbris removal: includin��, l�ut u�n limitr�i t��: s��lici was�c cc�ntainers, rci�u�c cc>llecti�n se��•ices, and re�;ular mechanical s�veeJ�ing of ihe }�arlcin�;lc�t; anel, • Parking Lot Mainteiiance: inclu�linc�, hur n�>� I1�I111C(I Y(>, E,�tchin�; c�f as��l,�l�, slurr)' scaling, ancl I�arking lc�t su-i��in�; rcyuircd tc> ��rc��xrh i7iaintain aud cnsiu�c t{�c satisfacicn��� cc�ndition of thc parkinf>l��ts and a����urtcnant facilitics. '1'he c<>sts associated with the im��ro��c:ments are eyuital�l�� s�read ainon�; all benefitin�; I�arccls�vithin thc l�istrict t�tilizi�ig thc mcth�d �f al�Ex�rti<>nment dcscribcc] in thc ;�fcthod c�f .����x>rtionment sectic>n �f this Report. 'I'he tc�ral funds collectecl shall be ciis�ersed and used for oniti� the scrviccs and o}��ratic�ns ��rc>��idcd to thc District. SPECIAL BENEFITS OF THE IMPROVEMENTS AND ACTIVITIES .�11 assessed rroperties within the I�istrict receiee special benefits from one or more of the improvements and acti�•ities funded through the llistrict assessments. Specificall��, lightin�; ancl landscapin� amenities within the parking lots, regular sweeping �nd maintenlnce of the �arking lots, and refuse collection sen-ices and facilities. 7'he special benefits of lighting (parking lot lights) are the convenience, safet}�, and securin' of propertti�,im�rovcments, and��ods. S�ccificall��: 1. I�.nhanced dererrence of crime and the aid to �olice protection; 2. Incrcascd nighttimc safet�� for�atrons and cmplo3•ccs; 3. Improvcd visibilin' Ei�r pedestrians ancl motori�ts; 4. Irn�roved ingress and e�ress to prop�rh�; �. Rcduced vandalism atid othcr criminal acts ancl damagc to impro�•cmcnts or properh-; 6. I�nhlnced aesthetic appeal of the parkin�; areas ancl the properties that are associated with thc parl:in�; arcas; 7. Increased promotion of business acuvities and o���ortunities clurin� nighttime hc>urs; and, H. "I'he special economic enhancement to rhe �rc>�erties and their abilit}• to attract and sustain business and commercial act.i��in� as a result of the benefits identificd abo��e. 'I'he benefits associated �vith landscaped islancis and meciians �nthin the parkin�; lots are spccificallv: 1. Iinprcaved aestheuc a���eal c�f the�arkieig areas ancl nearh�� ��arcels; �MuniFinancial �`��`�� Cit1•v/l'�r!»r 1)c�<ert 1're��ideut'. I'lrrzrr /PBID Ke�rrzz•�zl :tlrrua,��emc•ut District I'Irnr f'r'?OOS/�009 2. In�E�rc��•ccl dust cc�utrc,]; 3. I?nlia��cecl acja��tatic�u c�f tlu' Ut"f)�il �'ll\'1PU11111C'ilC \l7llll�l lI1C ilatural cn�•ircn�nunt; -�. Im}�r<>rcd �raftir ci�•culati�>n; S. ;A pc�siti��c rc}�i'cscntatic�n ��f thc bu,incs�cs within thc I�)istrict; Ci. Ccntralizccl lc>catic�ns fc�r rcfusc cc�llccti<»i facilitics; ancl, 7. 'I'he s��ecial rcc>nc.>nuc enhancement to the pr�perties and their abilit�� t<� attract anci susraiii busincss ancj cc�mincrcial acti��ity- as a result c�f thc bcnc(its icicntificcl ab���•e. l�ebris remc>��al (��arl:in�; lot s�veej�in�) and refuse collectioii are essential and necessarti� actirities for all �r�percies—part.icularlti� commercial I�roperues. 'I'hese activities and seL-��ices are �roj�osec] to be Cunded throu�h the assesstnents solel�� for the sl�rci�l benefit of pro��erties «�ithin the llistrict. The benefits ass�ciated�vith these seil-ices are: 1. I�.nhanced aesthetic appeal of the parking areas ancl the J�rot�erries that are ass�ciated with the parking areas; 2. Im��ro��ed dust control; 3. .1 posit.i��c re�resentauon of the businesses �vithin the l�istrict.; and -�. ;� centralized location of refuse collection facilities and availabilit}' of the service that would otherwise reyuire inclividual facilities that could be cost �rohiUitive and ph��sicall��restricti��e. Parking lot maintenance is an essential and necessaiy activit}• for all �roperues, and in particular, for commercial properties. 'l�his impr<n�ement is funded through the assessments solel�� f�r the special benefic of J�roperues �vithin the District. '1'he benefits associated with this ser��ice are: 1. Increased slfen� to automobile, truck and pedestrian traffic within the �arking lreas ancl to the �roperties that are associated�vith the �arking areas; 2. Impro��ed traffic circulation within the parkin�areas; 3. i?nhanced aestheuc appeal of the parking areas ancl the pro�erties that are associated with the parkin�;areas; 4. lmprovcd dust control; 5. '1'he special economic enhancetnent to the properties and their abilit}' to att.ract and sustain business and commcrcial acti��ity as a result of the benefits idencified aUo��e. '1'he on-goin� operation and maintenance of the landscaping, lighting, sweepin�; and refuse collectic�n sen�ices, and �arkin� lot areas provide no measurable general benefit to other properues outside the boundaries oF the District, or to the public a� large. ThereFore, these improvements and the correspondin� assessments hav� becn identified as pr��-iding l00°io special benefit to I�arcels�vithin the llistrict. �Mu�iFinanaal P��`' s Ci1�•u/Pr�lt�t U<'sert Pie'>Ie�e•�t!'.c 1'laz�r 1 1'BII)Reitt'�t•rrl 'Lfrr�rrtgeinext Di�trict I'lrnr F1'ZOOS/�v09 METHOD OF APPDRTIDNMENT METHOD OF APPORTIONMENT RATIDNALE '1'hc cc>sts c�i thc l�istrict iu���r<>�•emcnts ha��c cach hccn apE�c�rtic>ncd bl� a furinula ar�cl �ncthc>ci «-liich fstirl�� distril>utcs thc ncc amc>u�it t� }�c as�css<cl amc�t�g all assc;scd ��arcels ir� ��roJx�rtic.>n tc� thc cstiniatccl sJ�ccial l.�cncfts t� hc rccci�cd l��' cach parccl frc>m ihc im��r<n�emcn ts. PARK/NG LOT /MPROVEMENTS ANO SEl7V/CES .lssessed ��arcels �vithin 1'resident's Pla�a I are adjacent to centralized parkin�; facilities (lc�ts) that ��ro��ide access, parkiiig, a�id dcliver}� are�s f�r the businesses and parcel� �vithin the 1)istrict. F.ach parcel derives special benefit from the }�arking lc�t unpro�•ements �I7C� the services and acti��ities necessar�� to maintain the parkin�;lc>t. '1'he improvements and activities include maintenance c�f se�-eral landsca}�ed islands and medians, maintenance and c�peration �f li�ht.in� facilities, parkin� lot maintenance, and sweepin�; ser��ices. i?ach assessed }�arcel �vithin the L�istrict recei��es a ciirect and special benefit from these impr�vements and �vill share proportionateh� in the cost of tnaint.ainin�; the �arl:in�; lots. "1'he parl:in�; areas cc�nsisis of the three parcels that are entirel�• �arking lot area and F�ortions of manS� of the assessecl �arcels within the l�istrict. 'I'he three parcels that are enurel}' parkin�; ]�t area parccls (G27- 212-(11G; G27-221-011; and G27-222-0�3), and c�ne easemenr/�valk�va�� parccl (627-222-0-�2) rccci��c no sl�ecial bencfit from the impro��cments and�vill not be asscssed. In determining dze methc�d of apE�c>rtionment for these im}�ro��ements, each parcel's benefit is based on the parking area adjacent t�, and associated �vith, each parcel. '1'herefore, it has been determined that a fair and reasc>nable reflection of each parce:l's benefit for the parkin� lot impro��ements shall be based on the approximate fr�nt fo�ta�c adjacent to the [�arkin� areas. ;�f�st �arcels �vithin the District frc>nt the parl:in� lo�s on �nl�' one side. To ensure a reationable �nd eyuitable apportic>nment of sI�ecial benefit, pareels that frc>nt the ��arking loc on more than one side (corner��roperties), are �nl�� assessed fc�r their front footage alon� the side of chcir pr�pern'adjaccnt to thc ��arking lot. SOL/O WASTE (REFUSEI COLLECT/ON SERV/CES l�;stablishing separate refuse receptacles Cor each parccl or busincss within President's 1'laia I, and thereb}� allcntiring for separate char�es and a�reements for this service, is not practical due tc> lirruted space and accessibilin�. "1'heref�re, several co►runon refuse containers havc been I�laced �vithin the parking lot area for use b�� all thc pr�perties and businesses, and �atrons of these businesses, within the District. Hist�ricall�•, all developed Properties �vithin President's Plaza I ha��e shared �roporticmatel}• in the costs associated �vith refuse c<>llectic�n based c>n the building sc�uarc foota�;e of the structures on each parcel. In detertninin�; the methocl of appc>rtionment for refuse collectioti ser��ices, the possibilit�� of Cactc�rin� in business r��es as �vell as buildin� syuare footage �vas considerecl. I Io�ve��er, the inclusion of business t�'pes in the calculation of an annual assessment }�oses se��eral I�rc�blcros. I�irst, man�� <�f thr parccls asscsscd includc multi�lc business t��pcs, «�hich could reyuirc a com}�lcx calculation tc� idcntif}� ��otcntial usc of thc scrvice. Sccond, busincsscs c�fte:n change from �•ear tc� �ear ot� e��en mcmth t<� month, making specific business related �MuniFinancial r��`�G (;ity nf Y��1»t I)e<ert /'r��sid�vrt'� Pl�ri�r 11'BII)Ke�te«�a! :ilrrna�>rnr��ut District 1'lrn� 1•'1�Z005/?0�9 asscs;mc���s cliCiicult ic� iracl; aucl 11t71C C(�1l�Ullllll�; 1�1c� c���c�nsi��c tc� aclminisicr. �1'liirci, <•;tahlishin� a �>>��tl�<><1 <>f a�>�x>rticmt»cni t}iat i• hii�incs�.s��ccifir ratlic•r ihan ��arc��LsE���cifi�- ���c�ul�l likc•l� restilt in :innual chan�cs Cc�r cach j�arccl's asscssn�cnt c��cn if thc cc>st c�f tl�c scr�ice �vas'unclian,�c�l. I�inall�, thc le��el c�f scr�-ice (nuuiber <�i��icl:-uJ>s ancl recc�>tacle�) h,�s changccl �•ci-�� littic ���•cr tl�t� last sc��cral ��car�. :11thc�u�;h n�am• ��f thc busincsscs an�l l�usincss t����cs ha�•c chan�cd ���ithin ilic I)isirict, thc icrtal c��st ��f���r����icling this scn•icc h.i� rctnained fairl� cc>nstant. In ccmtrast tc> thc tc�tal cc�st, it is ncn rcascniablc• rc> assumc that all dc��•dol�ccl J�arccls utilizc c�r rcyuirc the sanu• lc��cl c>f rcti�sc scrvicc —t��ricail�� thc lai��er thc builciin�;, thc �;x-carcr amount of rcfusc° that is €;cncratcd. �I'hcrcforc, it has bccn cictcrminccl that a fair and ceas<�nable estimate �f each ��arcePs benefit fc>r refuse cc�llectic>n is the buildin�; syuare foota�e cictcrtnir�ccl fc�r cach parccl. ,•1s ne>ted ��re��i�uslti•, clue tc� lin�ited space and acce�sibilih�, it is not �ractical for each t�arcel c�r business �vithin Presic]ent's Plaza I to ha��c se�arate cc�ntainers or lgreements with tlie waste haulcr. 1 I<>�ve��er,it is reco�;niicd that the basclinc le��el of scn-ice (i.e., numbcr of bins, size of the bins anci freyue nc}• of service) establishcd for the llistrict ma}' I1�t Ue adcyuate or appropriatel}• reflect the needs of changin�; business �vithin nc� I�istrice. 'I'herefore, the follo�vin� considerations and criteria shall be followed when the le�•el of ser��ice rrot�icied rcquires modifications: 1. If the level of ser�•ice is reduced, the incremental cost sa��in�s (if an}•) �vill Ue re�-ie�ved and applied as fullo�vs: a. Reserae I�und ,�ccount — 1'he (;in' staff anci the owners' associati�n will evaluate the exisung available Iteser��e }�'unds to eiisure an acce�table amount of mone�• is bein�; retained for normal annual oj�cration of thc I�istrict. liased on this evaluati�n, thc owners' association will tnodifj• the annual report (recommendation to the C;it}' Council) to appl�� all oc a portioti of thc cc�st savings to the Rescn-e 11CCOUII[. !� EUII�� futidcd Rcsci��e is an amount equal t<> approximatcl�� onc half of all annual o�crating expenses. l�owe��cr, most operatin�; reservcs are t}'picall�� less than �0°/�, but�;reater than 25°/� of all annual operating ex�enscs. b. Reduced Assessments — rlftex re��ie�ving the Resen�e �lccount, an}' cc>st sa��in�s not applied to the Reser��e :1ccc>unt (Resen•e I�und (:ollection) �vill be j�assed oci r<� cach parccl �vithin thc I�istrict b�• rcducin�; thcir annual asscssmcnt for the ncxt fiscal ��c1r, in I�ro�ortion to their esumatecl benefit (from the�nethc�d of aE��c>rtionment). 2. If the level of ser��ice is increased, the ineremental cost increase (if an}') �vill be re�-iewed and applicd as follows: a. Increasecl ser�•ice I)istrict-wide — �l"'hen the current Districr �vas renewed/formed, an assessment range for�Y�ula was a�pro�•ed. 'I'his fc>rmtila prc���ided fc�r antici�ated cost c>f li��in�; increases, but also allcn��ed sc�me t1e.r-ibilit�� for increased c�sts due to increased levcls <>f sen�ice. If an increased le��el of sen�ice is reyuired for the entire llistrict, the increase is rcflccted in the annual budget. 'I'his budget increase ���ill t}'picall�� cause a pro�x�rtic>nal incrcasc c>f thc annual asscssmcnt. If thc incrcascd cost results in an �MuniFinancial - -- ��`�`�'E� � Citr oJ P�rlm Dc�ert Precidcut':1'l�ua 1 I'BID Kenezr�rrl ;L9rnea��rnri•�rt District Pla�r 1�}'200�i/2009 sissc>smcnt ratc� th:u cxc�•ccls �lic m,isimum atiscssmcut allc��vcci, ihcii rc;cn�c tiincjs ���ill !>c usccj tc> rcclt�cc clic ;i�i��ual assc�smcnt t<� thc i��asin�uin assrssmcnt allrn��ccl. If� thc• rc�cr��c funcj is n<�t sufticicnt tc� cc>�•cr tl�c a�st incrcasc, thc f:it�' (:c�uncil nia�� ��r���•icic a tcin��rn-ar� lcrUl tc� il�c l�istrict c�r cc>ncluct a l�rc�}�ert�� c>�vncr l�allc�t ��cc>cccdiii� 1<>r an xsscssmcnt incrcasc. b. Incrcasccl scil�icc f�r c>nc I�arccl - \\'hcn tlic currcnt l�istrict ��•a� i•enc��.ccl/fc>rinccl, a l�asclinc asscssincnt ratc ancl lcvel c>f scr�-icc �vas cstablishccl fc>r all �cc>��crtic; �vithiu ihc 1)istrict. ��s businf•sscs �virhin t.hc I�istrict chan�;c or cc>ntinuc tc> �;rr��v, thesc l�usiiicsscs may� �;cneraic a nccd f<>r an increased levcl of scr�•icc, but it is not fair ��r ecluitable tc> sl�read the c<>st c�f this increasecl ser��ice to c�rher ��ropert.ies �vithin the I�istrict. 'I'herefore, if � business reyuires an increased level <�f ser�-ice, that �articular business owner c�r the ow�ner c>f the pro��ern' <�n ���hich the business is locateci, must pa}' the resultin� cc�st increase as a surcharge. I�ither the Cit�• c�r the }�rol�ert}' o�vt�er ma}' initiate the need f<�r an increased service le�•el. '1'he (.:in• C�auncil shall makc: the final determinatic�n as to the a�prc��riate mechanism b�• which the increased le��el <�f service will be pr���ided. "1'he increased level of sen�ice ma�� be accomplished b}•: • Increasin�; the number of ricl:-u�s on the s(�ecitic bin(s) used b�� the �rc�pert�� or business. • Increasing the size of ihe speciftc bin(s) used b� the properh• or business if sPace E�crmits. • Pro��iding se}�arate bin(s) for the propert}� or business if sE�ace and accessibilit�� permits. • .1n�•combination of thc abovc. 'The costs associated�vith the increased level of service shall be the obligation of the Uusiness and/or propern� o�vncr �vhich is provided �vith thc additional screicc. Pa��mcnt for thc increased level of scr�•ice shall bc reviewed b�� the o�vners association, which �vill make a recommendation to the Cit�� Council for ap��roval. "['he adciiuonal cost of providin�; the increased level of service ma}� be added to th� annual assessment for the proJ�extti� as a surcharge (in addition to their annual assessment), u�on written petition of the properh• o�vner and apJ�ro�•al b}• the City Council ('1'his may rec�uire a si},med agreement benveen the �ro��ert}' owncr and the Cin' of Palm llescrt). I Iowe��cr, Ucf�re an�� action is f��iCIl [O add a surcharge to the propert�� tax roll zs part of thc pr�pert}�'s an�ival assessmcnt, the }�roj�crcv owner/business shall work «rith Cit`� staff and the o«�ners association tc� estaUlish the necessar}' le�•e] of adciitional sen�ice. and arran�e for direct pa}•menr for the sen�ice to the �vaste hauler<�r the City� if at all possible. METHOD OF APPORTIONMENT CALCULATIONS '1'he apportionment of benefit �vithin the llistrict u�ilizes a weighting factor kno�vn as an F,quivalent Benefit tJnit (�,BL'). I:ach parcePs 1�13tJ represents a percentage of the total �,BU aj�plied For the entire l�istrict. Dependin� on the imp►-ovement or acti��ity �ro�•ided, the F.BI,- assi�;ned t� each ��arcel is based c>n either the I�arcel's develc�pment (ap��roximate builciing syuare footage) or the plrcePs area �f icnrrovetnent (front Coota�;c: tc� the ��arl;iti�; �MuniFinancial P,r���8 (,ttt'�,�P��l��t 1>r<crt I'recid��u�'.� Plazrr 1 1'BID Kenc�«�al ;11itiragentrxt Di�trict Plnn F'1'2005/20�'l lcn j. '1'he a��t e�t refii�r cc>lle�ctic�n scr�•ice� i� a��}�c�rticmecl I�a:e�cl em eacl� I�arce�l'� ����pr<,xin�a<<• 1>��il�ii,�� scju�itc fc>c�t���c. :111 c>tl�cr imj�rc��c�nc>>ts an�3 �c�l�icc� tw�ciccl ihrcwt�h tlic I)istrict arc assc>ci.�tccl «-itl� thc p:ii-kin�; lc�t;. '1'lic t<,tal cc>st <>1 thc ��arl.iut; lc,� im��rc»�c�nenis and scr�-iccs is a��}x>rtioncd t<� cach E�arccl l�asccl ��n thcir f�r<,u� tcx>ta�=c t�� thc ��arking]r�ts. 'I'I�e suin c�fi eaeli ��areel's E�rc�poreic�nate share of refuse eosts aticl }�ai-l:in�I<>t eosrh re(>r-esen�s thc E�arccl's '1'c�tal l�ircct Cc>st. In adclition to a ��arccl's 'I'c�tal 1)ircct Cost, c�ch ��arccl is as�e��ecj f<»- �icitYunistrati�n ex��eti�es anc] a reseil�e fund cc�llec�ion (]nciirecr (:c��ts). "I'l�e Indircct Cc>sts fc�r rich ��arccl havc bccu appc�rticmccl b�• a }�crccntagc of thc �arccl's l�ircct (:osts, n�t to esceed Gfteen percent (1�`%�). 7'herefc�re, each 1�arcePs '1'��ral :lnnual :lsscssmcnt is tI]C SUtll OC 1[� }�rc>��ortionate sharc c�f thc 'I'otal Uircct (.:ost and 7'otal Indircct Cc�s�s. :�lthou�h each ��arcel's �ropc�rtional �enefit and assessment. for each im��ro��ement is calculated incii��iduall��, each j�arcel's maaimum assessment is based �n the �arcel's c�mbined assessment f�r all cos�s and services. '1'he rate applied tc� an�• c>ne improvement �r sen•ice may esceed the maximum rate originall}- estaUlished, pro��idecl the }�arcel's combined assessment does not exceeci the c�mbined maaimum assessment. established for the �ro�ert�� (eacluciin�chan�e� in land use or development). '1'he Counn requires that all annual assessments Ieried anc3 submitted for collection on tax bills be rounded t� the nearest evcn penn�•, thus allowin�the total assessmcnt to be split into two installments. In order to compl}- �vith the County�'s reyuirements, the calculation of each asscssmcnt comp�ncnt (i.c., refusc costs, parkin� lot costs and indircct costs) is roundcd to the ncarest evcn penn�• and then adcied to�ethcr for the parccl's'I'otal �,nnual ,�sscssment. 'I'he. follo�ving describes the �;eneral tnethc�d used to arrive at each parcel's J�roposed assessmcnt. APPORT/ONMENT OF D/RECT COSTS REFUSE COLLECTION ASSESSMENT 'I'he "1'otal Refuse Cost estimated for refuse services is based on the Citv's contract with a waste hauler for service to President's Pla•r,a I. 'I'his Total Refuse Cost di�-ided b�� the esumated '1'otal liuilding Square Pootage establishcs a Rate �cr builciing syuare foc>t. This Rate is mult.i}�lied b�� each J�arcel's estimated building syuare f<�otage tc> calculate the �arcePs proportionate share �f�he refuse seil�icc rnst. Total Refuse Cost/Total Building Square Footage = Rate per Building Square Foot Rate x Parcel Building Square Footage = Refuse Assessment \ote: I�or pur�oses oC calculating the refuse assessment,the building square fo��tage for each parcel has been rr�unded to rhe nearest hundred syuare feet.Refer to:ip�endix "B"fc�r buildin�;square footage applied. �Mu�iFinancial Pa��E� 9 (;it1'u/l'rrl»t /�r:c�rt 1'rc>icic��tt'<1'lezrr 1 1'131U Rc��tc.r�rl .11�rua,�e�ire�rt Di<hict Plrrrr FY 2�^8/2�09 �I+ahle l ��rcn•icics ihc� Itcti�sc� as�c;�mciit r1c�•s t�c�r {�isc_tl_ l'csir ?OOS ?(lU'�tlirc�uf�h l�iscs�l Year?!)1? ?Ul:i. -- — Table 1: Building Size Proposed Rates Proposed Building Maximum Rate (per Square Foot) Fiscal Year 200812009 $ 0.4140 Fiscal Year 2009/2010 $ 0.4260 Fiscal Year 2010/2011 $ 0.4380 Fiscal Year 2011/2012 $ 0.4500 Fiscal Year 2012/2013 $ 0.4620 "1'here are currend}' f�rt.��-two (42) de��eloped c<�mmercial �ropertie s within the l�istrict that are assessed for refuse collection sen�ices based c�n approximate builciing syuare fc>ota�c. (Refcr to the ,�ssessment Roll for indi��idual parccl Refuse assessments). PARKING LOT ASSESSMENT '1'he "1'otal l,�r Cost estitnated for J�arl�in�; lot impro�-ements and sen�ices (maintenance) is based on the estimated annual costs to maintain the landsca�ing, li�;hting, and parking lc>t imj�rovements, as �vell as pro��ide mechanical s�veel�in�; �f the parkin� lo�, ���ithin I'resident's I'laza I. "1'his Total ],ot Cost divided b}� rhe applieci �arl:in� lot "I'otal I�ront Foota�e, establishcs a IZatc per Front foot. "I'his Ratc is multiplicci b}' cach parccl's applicd frc>nt footage to calculate the parcel's �roportionate share of the parking lot maintenance costs. Total Lot Cost/Total Front Footage = Rate per Front Foot Rate per front foot x Parcel Front Footage = Parking Lot Assessment Note: I�or purposes of calculating the parking]cx assessment,each parcePs front footaKe is based on che parcel's fex�tage rounded to the nearest five fect. Refer to_lppendix"13" for front footagc applicd. �MuniFinancial P�rKE� to (;ity of Pal»r D<�srrt PTc�side•�rt'�1'l�rza /PBII)Rr�ri�z��rrl �11mr�rgc�»ic�nt District Plmr F}�2008/2�09 Table 2�rc���icics ihc l'arkii��; ],c�t assessmcnt ratcs h�r E�iscal �'car 2(i�K/ZOU9 thr�h I��iscal �'car 2012/2U13. Table 2: Parking Lot Proposed Rates Proposed Parking Maximum Rate (per Linear Foot) Fiscal Year 2008/2009 $ 10.9340 Fiscal Year 2009/2010 $ 11.2620 Fiscal Year 2010/2011 $ 11.6000 Fiscal Year 2011/2012 $ 11.9480 Fiscal Year 2012/2013 $ 12.3060 :111 E�arccls within thc District rcccivc dircct and sE�ccial bcncfits from thc parking lot im}�rovcmcnts and scrviccs. I�,ach of thcsc �arccls is asscsscd �roporuonatcl�� bascd on thcir front foota�;c adjaccnt to thc parkin�lot. APPOf7T/ONMENT OF/NO/RECT C05TS '1'o ensure the improvements, acti��ities, and services pro�rided and fundecl through rhe l�istrict are continued, each parcel �vill be assessed for its proportional share of aclministrati�-c and rescn-c costs (Indircct Costs). 7'hcsc lndircct Costs includc all cxpcnscs related to the administrauon of the llistrict as �vell as the colle ction �f moneti- toward a Rcscrvc Pund. Thc annual asscssmcnt for Inciircct (;osts has bcen csrablishcd at fiftccn perccnt (1�%) of thc"I'otal llircct Costs asscsscd to cach parcel. '1'he sum of each Parcel's proportionate share of refuse costs and �arkin�;lc.�t costs re��resents tlie pzrcel's I�irect Cost. This I�irect Cost multiplied b}• fifteen �ercent (15'%) represents each parccl's pro��orcionatc sharc oC chc Indircct Costs. Parcel's Total Direct Cost X 1 S% = Indirect Assessment �MuniFinancial P`'�'`� r� Ci�v��f Pnl�u De��rrt /'rrcideut'< I'l�rzrr 1 1'If1U Rc•nc���nl .4frr�Jn,�>��ntr,rt Di�n�ict 1'Irrn F}'?�OS/2�09 Table 3 t�r�>��icics ihc Uisirict's Inclirc�ct C<�st amuunts t<�r l�iscil �'car ?O(I�/21)0�� ihr<>u��h I�iscal �'car 2Ol?/2013. Table 3: Total Proposed Indirect Costs Indirect Costs (total dollars) Fiscal Year 200812009 $ 24,036.00 Fiscal Year 2009/2010 $ 24,757.00 Fiscal Year 201012011 $ 25,500.00 Fiscal Year 2011/2012 $ 26,237.00 Fiscal Year 2012/2013 $ 26,957.00 TOTAL ANNUAL ASSESSMENT Lach parcel's `1'otal �lnnual :lssessment is �he sum of their pre�portionate share of the l�irect Costs and Indirect C�sts. 'I'he �receding description of the method of apportionment c>utlines the esumated cost and rates applied for the l�istrict and the ma�imum amount �r<�jectcd. Thc maximum projcctcd amounts wcrc dctcrmincd b�� a��l��ing an annual inflationar}• factor of three percent (3°��) ���er the fi��e-��ear duration of the District basc:d on the first�•ear assessm�nts. ANNUAL BUOGET AOJUSTMENTS Por thc five }�ears of the term of the PBII� rene�val, annual assessments tna5� be adjusted b�� the I'resident's Plaza I PBID owners' associauon u� to three percent (3%) per ��ear. rlctual annual adjustments tna}� range fr�m zero percent (0°%) to three percent (3`%). rldjustments ma}� differ from t�car to �car depending on the sen-ice necds idcnrificd b}• rhe owners' associati�n. in am• event, assessments �vill not excecd the levels illustrated bti� the l�istrict Budgcc (Table 4). �n�- annual bud�et surplus c�r deficit will Ue accrued into the follo�vin� ��ear's PBID buclget. .lsscssmcnts will bc sct accorciingl}', within thc constraints of thc annual adjustmcnt, to acljust for surpluscs or dcficits that arc carried forward. �Mu�iFinanc+al ----- P�t��> t2 Cit1'��/1',rl»r 1)c�:cr� Prr�rde�ut':1'J�v�r 1 YRIO Kex�°u��r! ti1�t�trt,��rnrrut Di�trirt Pl�r�r 1'}`?�v^S/�J09 DESCRIPTION OF BUDGET ITEMS DIRECT BENEFIT COSTS Landscape Maintenanee Contract — Inclu�les all regularl�� scheclulec3 lal>�r, ma�erial (c4;. ��i��c, l��rtilizcr, insccticicicsj, and cyuipment rcyuirccl rc> �llOE�CfII� Cilrlltlillt7 and cnsurc ih� satisfacfc,r�• cc�ndition <�f all landsca��in�;, irri�;atic�n R11(� draivagc s}�stcros, aiid a��pt�rtcnant facilitics. .111 lcincisca��ing imprc���cnicnts �vithin thc I)istrict are ccmiracecd fc�r maintcnancc and ser��icc on a rct;ular basis. 7'hc fccqucnc}• and spccific maintcnancc o��crations requircd �vitliin tlic I�isrrict is dctcrminecl b� Cit�' staff, but is gcncrall�� schcdulcd �vcckl��. Landscape Water— �.�tilitl�c<>sr to furnish �i�ater reyuireci for IandscaE�c irri�;atic�n. Landseape Eleetrie — l;tilit�� cost Cor furnishin� <�f electricin� reyuired fc�r the operatioti of thc irrigation sti�stems and <�rnamental lightin�. Landscape Repairs — '1'his itcm indudcs rcpairs that are not nortnall�� includcd in the }•earl� maintenance contract cc�sts. 'I'his ma�• include rerair of damaKed amenities due to ��ancialism and �torms. Planncd u���;rades ma�� also bc included. "I'hcsc upgradcs ma�� includc, but arc not limitcd to, rcplacin���lant maccrials or rcnovation of irri�ati�n s}stc:ms. ' Lzghttng — 'I'he furnishin�; �f elec�ricit}� reyuired for the o��eration and maintc:nance of the li�;hting facilities (�arking l�t lighting, includin� but Il()[ lunited to, bulbs, fixtures, }�oles, �virin�, and electrical ener�;��). '1'he Citti� contracts for ehe furnishing oF its electricitt' for li�htin�;, �vhich includes n�rmal maintenance and bulb replacement. This cc�sr does not inelude re�airs c�r repllcement of dam�ged faeilities due to vandalism, accidents c>r stc�rms. Sweeping Services — ��'cekl�� cleai�ing of the parkin� lots acid �utters using a c�ntracted, mcchanizcd scn•ice. Parking Lot Maintenance — Inclucles all regularl}• scheciuled labor, material, and cquipmcnt f�r patching of asphalt, slurrti� scalin�, and �arkin� lot striping rcyuircd tc> properl�• maintain and cnsure thc satisfacrory c�ndition of thc parking lots and appurtenant facilities. The freyuenc�� and specific maintenance operations required �vithin the Uistrict is c3etermined b�• CitS• staff, but slurr`� se;►lin� and parkin� lot stri}�in� are generall�• �cheduled �nrivally-, �vhile patchin� of asphalt is performed on an as-nceded basis. Parking lc�t maintcnancc for slurr}• scaling and �arking lot striping �vi�hin chc llistrict is contractcd for sen�ice on a regular basis, �vhile patching c�f asphalt ma�- l�c �erformeci b}� Cit�� staff or contracted for scrvicc as nccdcd. Solid Waste Removal Servzces — 'I'he furnishing of bins and bi-weekl�� collection of solid waste. "I'he Cin• c��ntracts with a ��-asce hauler for this ser�•ice. ()nl�� devel�pecl �roperties (�vith a structurc) rcccivc special bciicfit from this servicc and arc asscsscd for ihis scr��icc. INDIRECT BENEFIT COSTS District Administration — 1'hc cosr co all dc��artmcnts a„d staff of�hc Cit�-, for providin�; thc c<x�rclinaticm of l�istrict ser�-iccs, operati<ms and maintcnancc of thc llistrict, responsc to �MuniFinancial P`r�'`� t 3 (:it��o�1'r�/nr I)c•<ert I'rc:rdcut'c /'/rrzn /1'B/O Rc°�rr�•al ,tT,nr,z,�>i�nri�,i� 1)istrict 1'l�z�r P}'20�8/�G�9 ��ul�lic cc,nccru; xncl cduc•atic�n, ancl �>rc�rcclures assc�ciatccl «�i�l� thc 1���•� an<1 cc,llcc�ic�n c�f a�scs�inc•nis. �l'his c�,s� alu> inclucic, cc>>>tractin�; 1�•ith �»���fc•�si��ilals t�� �>r�n•i�lc acl�liticm.il ac�ministrati��c, lc��il, c>r cn�,inc��riu�� ;cr��iccs sl�ecific tc� thc I)istrict. Cotznty Administration Fec — "1'his is �hc ac�ual c�>se <<� ih�� Uistrici f<>r nc� C<>unt�� �o cc�llcct I�istrict asscssmcnts c>n thc ��r<���crt�� ta� l�ills. 'I'his ch�u-z�c i� basccl on x (]at ratc j�cr iund nutnl�cr. COunty PeY Parcel Fee — 7'his is ihe cost to thc l�)istrict for thc Count�• 1��� collect asscsstncnt� c>n thc prc���crn� ta�; l�ills. '1'his cl�ar�;c is cm a E�cr a�scssmcnr basi�, �it �ll.3G J�cr asscssmcnt,and is in adclition t<� thc C:ount� :lclministrat.ic�u ]�ec. Miseellaneous Expenses — '1'his is a futid E�r aciclitic>nal cost� related to I�istrict administratic>n includin�;reyuired formatic>n, dc�cumentation,rec��rdation, and legal fees. Reserve Fund Collection —'1'he Reserve I�und provides for cc�llection of funds t<> orerare the District from the ume reriod of Jul�� 1 (beginnin� c�f the I�iscal Year) thrc�ugh Jlnuar}' �uhen the Cc�unt�� pro��ides the Cic}� ��•rith che first installment of assessment.s collected from the }�ro��crt�• tax bills. The Reser�•c I�und climinatcs the need fc�r the Ciry to transfer funds from nc»Z-District accounts to pa�• for District chargcs during thc first half c�f ihc fiscal �-�ar. 'i'he Resen�e F�und ma}•also be used t� offset an}-unforeseen costs such as repairs, ]e�;al Fces, revenue cieficits, c>r increased costs due to inflation or contractual agreements that are�;reater than originall����lanried. LEVY BREAKDDWN Total Dzstrtet Costs —'1'his is the sum total of all bud�;eted llirect and Inciirect costs. Anticipated Defteft/SurjiZus —"I'his item ma�• include anucipated costs of the I�istrict thac exceed the amount to be collected. This item also refleccs beginning balance deficits. �k'hen the actual cost and eYpenditures for the District are �;reater than the amount budgeted and collected in the prior fiscal j�ear, the I�istrict has a Be�,nnnin�; 13alance lleficir. '1'his deficir ina}� be the result of unforeseen and extrac>rdinar�' costs incurred, or assessments actuall�� cvllected bein�;Iess tlian anticipated. \�'hen a deficit occurs, the deficit amount ma}• be adcled to the amount to be collected throu�h the le�•}' for che current fiscal ��ear �r reco��ered thrc>ugh use of thc Rcscrve I�und. \�'hen the actual c�sts ancl espenciitures for the District are less than the amount bud�;eted and collec[cd in thc }�rior fiscal �•ear, thc llistrict has a I3cginning 33alancc Surplus. lt'hcn a surplus occurs, the amount ma}' be used to reduce assessments for the follo�ving}�ear or mat• be aclded t� thc Keservc I�und. Other Revenue Sources — 7'his item tna�� include additi�nal funds ciesignated for use b}� the llistrict that are not fr�m I)istrict assessments. "1'hese funds are adcled to the I�istrict account and may be added tc� the ReseLve I�und or usecl to reduce assessments, and ma�• be from either ncm-l�istrict c3r l�istrict s<�urces including C:ic�� (�eneral H�und C;ontributic>tis or intcrest carnings on thc Rescr�•c H'und. Balance to Levy—'1'his is the total amount to be le��ied and collectecl thrc>u�h assessments for the current fiscal }•ear. "1'he Halanee to I.e«� represents the sum c�f'I'otal llircct (;c>sis, �MuniFinancial Prrgr 1-� (:it1•�>/P��Int Dc�ccrt Pre�irlc��tt'.�1'(rrz�r 1 P13l1)Re�iru�rrl :tifan�rg��nre�ut District Plrtn F1'20�8/ZCG9 ]nclircct (:c>sts, Rc�cnuc I)c•iicits, O�hc•r l�c��cnuc S<�urc•cs, Itc�c•nue �ur��lu;cs, ancl (:c�nu•ihuticm 1Zc��1c�1t�{1111CIllti. DISTRICT STATISTICS 7otal Number oJ�Parcels —'l�h�� t��cal nurr�bcr uf l�arccls �vithin thc l�istrict. Total Parcels Levied — 'l�h� tcatal numbcr c>f ��arccls witliin tlic l�istrict that will bc asscssed. Nc>n-sisscssccl l��ts o�� ��arcels inclucic cascmcnts, c<>mm<�n arcas, ancl ��arccls within the bc�unclaries c�f the l�istriet that eurrentl�� do ne�e benefit frc�m the iml�rc��-emen�s. Total Building Square Footage — "1'his is thc sum total of thc buildin�; syuarc t�x>ta�c applicci to �arccls �vithin thc l�istrict. Total Parking Lot Front Footage (parking lot) — '1'his is thc sum tcatal of thc parking lot front foota�;c a��plicd tc� �arcels�vithin thc llist.rict. Levy Rate per Building Square Foot — '1'his amount rcprescnt� thc Ratc bcing al�plied t� each parcel's inciividual building syuare fc�otage (calculation of each }�arcel's pro��ort.ionate share of refuse collec�ion cc�sts). The ],ev�� Rate j�er Square }�oot is the result of dividing the est.imated total rcfusc cost for that ��car b�• thc sum of thc I�ist.rict's 'rotal 13uildin� Syuarc I�ootat;e. 'I'he rate is calculated to three decimal ��laces. Levy Rate per Front Foot — This amc�unt re�resents thc Ratc being applied to each parccPs indi��idual parkin� lot front footage (calculation of thc parccl's �roportionatc sharc <>f plrking lot maintenance costs). The Lev�� Rate }�er I��ront ��oot is the result �f di�-iciing the cstimatcd rotal ��arking lot costs for that }•ear Uti• tlic sum of t.hc l�istrict's Total Parkin� Lot l�rc.mt }�c.xna�;e."1'he rate is calculatecl to three decimal places. Levy Rate for Indirect Costs — '1'his amounc represents the percentage applicd to cach parcePs Direct Costs �o cietermine the parcePs }�rop�rtionate share of the amrn�nt to be assessed for administrative e�:penses and Reser�•c I�und Collection. ,1 maximum rate �f fifccen percenr (l:i`%) has been established. It is anucipated that the maximum amount ��711 be cc>llected each }'c'�r in order to establish and maintain a reasonable Resen-e Pund. DISTRICT BUDGET '1'hc I�istrict I3udget shown on the follo�vin� rage (Table 4) lists the estitnated costs c�f providing thc various im�rovemcnts and scn�iccs. '1'hc cc>sts and the resulting ratc f�r cach I�iscal Year is based on the estimated costs ev j�ro��icir the imprc>vements and sen-ices that ��ear. "I'hc projected annual costs anuci}�ated o��er che fi��e-}�ear durati�n of the lliscrict assessments ha��e been calculated based on ati annual inflationar�� factor c>f three percent (3°o) from thc first fiscal ��car. 1 Iowcver, this inflation factor docs not mcan thc asscssmcnts will increase annuall�• U�� three percent (3%). '1'he o«�ners' association appointed b}� the Cit�� Council, �vill aniivallti� revie�v the l�istrict costs and inake recommendauons for an� changes or adjustments to the budget. Changes to the budget, could result in changes to the annual assessmcnt, but thc resulting total assessment ma}� not esce�d thc maximum rates cstablished in this Rcport �vithout first obtainin� propern� owncr ap�roval through assessmenc ballots. �MuniFinancaal P`t�`� js (:ity uJ 1'nb,r Th��r�r7 1'rr:ide�rt':1'l��in 1 PBID Ke�rrerrrl . ;l4a�ra,��c•»rrnt District!'lrrii F}"2�C3/2v^C`> lahle 4: Five Year Budget _ Maximum Proposed Assessment for Fiscal Years Budget Item FY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 Direct Benelit Costs Landscape Mamtenance Costs $ 5,912 S 6.090 $ f,272 S 6,461 5 G,654 Landscape Water 4,637 4.776 4,919 5,067 5 219 Landscape Eleclric - - - - LandscapeRepairs 4,057 4,179 4,305 4434 4,567 Miscellaneous - - - � - L ightin g 11,593 11.941 12,299 12,668 13,046 Sweeping Services 4,637 4,776 4,919 5,067 5,219 Parking Lol Maintenance 10,000 10,300 10,609 10.927 11,255 Subtotal of Services based on parking lot front footage 5 40,837 $ 42,062 $ 43,324 $ 44,623 $ 45,961 Solid Waste Removal Serv�ces 119.405 122,987 126.677 130.287 133,753 Subtotal oi Services based on builtlmg square tootage $ 119,405 $ 122,987 $ 126,677 $ 130,287 5 133,753 Direct Benefit Subtotal $ 160,242 $ 165.049 $ 170,001 $ 174,911 5 179.714 Indirecf Costs District Administration 11,012 11,252 11,500 11,746 11,986 County Administralion Fee 139 143 148 152 157 County Per Parcel Fee 15 15 15 15 15 Miscellaneous Expenses 4,858 5.094 5.337 5.578 5,814 Adminisirafive Subtotal $ 16,024 $ 16,505 5 17,000 $ 17,491 S 17,971 Reserve Fund Collection(5%) 8.012 8.252 8.500 8.746 8.986 Indirect Cost Subtotal $ 24,036 $ 24,757 $ 25,500 $ 26,237 $ 26,957 Lew Breakdown Total Direct and Indired Cosls 184,278 189,807 195,501 201,147 206,671 Antidpated Deficit or Surplus - - - - - Other Revenue Sources Balanceto Levy $ 184,278 $ 189,807 $ 195,501 5 201,147 $ 206,671 %increase 11 25% 3.00% 3 00% 2.89% 2]5% Amount Balloted Distnct Statistics Total Parcels 46 46 46 46 46 Total Parcels To Levy 42 42 42 42 42 Total Building Square Footage 288,900 288,900 288,900 288,900 288,900 Total Front Footage(Parking Lot) 3,735 3,735 3,735 3,735 3,735 Levy Rate per Building Square Fool $ 0 4140 $ 0.4260 $ 0.4380 $ 0.4500 $ 0.4620 %increase 3.24% 2 90% 2.82% 2.74% 2 67% Levy Rate per Front Foot 5 10.9340 $ 11.2620 5 11.6000 $ 11 9480 $ 12.3060 %increase 36.40% 3.00% 3 00% 3.00% 3.00°k Levy Rate for Admin/Reserves 15.00% 15 00% 15.00% 15 00% 15.00% Reserve Fund Balance Previous Balance 59.721 67,733 75,986 84,486 93,231 Ending Balance 67.733 75.986 84.486 93.231 102217 Maximum annual assessments for tlirect costs anG tlistrict arW county administration for FY 2008-09 are increasetl by 3%hom the previous Fiscal vear for eacn year except for FY 20112012 an0 FY 2012/2013.where the direct costs are increased less than 3%p �"in0irect costs are calcuWteO as 15%of tlirect cosis "'FY 2008/2009 aistnct atlmimstraLon costs are cakulatetl as 5%of d�red cosls plus 53.000 lor tlistnct atlmmistration consulung services Sources C�y ol Palm Desert.MuniF�nancial ..--._.. . _.. ___ .. -. �MuniFinancial P`t�e 1� (;ily n/Pnlnt 1)r�c�r! I'rt�>id���tt':Pl�rirt / Pl�ll)Kc�tr�e�rr/ :1lrrnrr,��r»rr�N 1)i�triit I'lrnr l�'I� Z�CS/ZC;^9 APPENDIX A -BOUNDARY MAP '1'hc 13c�uucla�7• \la�� ii�r tlic l�isu•ict is <�u tlic t��llc>�vins= ��a��c ancl is inclusi��c <�t all E�arccls idcntificd <�n thc Cc>unt�- af Iti�-crsicic :�ssrs��»'s Pai•ccl I�Iaj�s a; 1��,��k �i27, P:i�;cs 212, 221 ancl 22?. 'I'hc I�uund;tr�' �1a�� �vill bc kc��r cm file �vith tl�c (;it}' Clcrl: oi �hc Cit�� ��1 Palm Ucscrt. l�c�r thc Public 1 Icarin�; c>n this Districi, ihc 1�inal 1=.ngincc�'s Re}�c>rt ���ill cc�nt��in an ,1��c�snu•nt I�ia�r�in. -- - -- -- -- - — — -- --- P�rgE�A-1 �MuniFinancial � � c -" o �, � v �'+ �+ ry .,- .J. C � p� �, •� (� C x C> '!�, ti Q ^' ti ... :r � � �. � —— -... .. —�- � � ^ --- --- -- � �-- ~ `' ° if � 1 ` � g a ����z. �'n�� � � � � �' "� ���°��� ��E� �� ° �I � � ����., � � s��� "� � � �����a �� � �R�� � � � � ��� �� �ti� ��� a� � ���6�� a;l�g� ng a°a� � �� �e ���� ���r �€ ���� � �� ������� � � � r � � ��� ���� I sw vn.wn `�i���� '1.f,y.�_I_I.. ' ~ ,~ ' � � � _� ��� �����J � .z o -��,�� :������ : � � . W � -- �_� � ���: �.��. = o � o ___ _ y��: ,�-;,_.���_ � � ��� $ o � �� � �,,�ii_ .�.� �� �n� � m- � � � e a W� ��G � C� m �m � o � � � z Q O W d � �,n, ,y, z O a„ � k � O O �� �i EO � � � O �� Q � � � ` 0 � O � � � � I � � �, � � '� = a c � � � � � J I Cit}'of 1'rrlur I)<�:er� Pre�:iderrt'.Plrrzrt 1 Y13/D Xe°ne�4ctl 1N�rmt,L���m���rt Dictrict Pl�ru FY 20�8/2CG9 APPENDIX B - PARCEL LEVY i NFORMATION '1'hc fc,llcnvin�; ��arccl infc�rmatic�n incluc-linf;btiildins;syuar<� fc�c>ia�;c aiicl h-<>nt f<>c>ta�;c is uscc3 in calculatin�cach E�arcel's I�rc>��ortioi�atc sharc c�f all l�istrict Cc>�ts. Parcel Information Parking Front Building Asmt Assessor Footage for FY Square Feet or No. Parcel Number Situs No. Situs Street 2008-09 FY 2008-09 1 627-212-002 73669 HtGHWAY 111 50 3,900 2 627-212-003 73677 HIGHWAY 111 200 8,700 3 627-212-004 73640 EL PASEO 170 12,100 4 627-212-005 73690 EL PASEO 50 8,200 5 627-212-006 73660 EL PASEO 50 5,800 6 627-212-009 73731 HIGHWAY 111 100 8,500 7 627-212-010 73625 HIGHWAY 111 220 21,000 8 627-212-011 73759 HIGHWAY 111 50 4,800 9 627-212-012 73670 EL PASEO 100 10,200 10 627-212-014 73700 EL PASEO 50 3.200 11 627-212-015 73730 EL PASEO 50 5,000 12 627-212-017 73722 EL PASEO 50 2,400 13 627-221-001 73710 EL PASEO 50 5,000 14 627-221-002 73741 HIGHWAY 111 50 4,800 15 627-221-004 73851 HIGHWAY 111 50 3,300 16 627-221-008 73801 HIGHWAY 111 225 1,600 17 627-221-009 45145 SAN LUIS REY 215 18,200 18 627-221-010 73740 EL PASEO 50 5,300 19 627-222-002 73861 HIGHWAY 111 50 3,300 20 627-222-003 73965 HIGHWAY 111 50 4,700 21 627-222-004 73891 HIGHWAY 111 100 6,700 22 627-222-005 73900 EL PASEO 50 5,100 23 627-222-008 73920 EL PASEO 50 5,000 24 627-222-014 73750 EL PASEO 50 4,600 25 627-222-015 73930 EL PASEO 50 5,200 26 627-222-021 73873 HIGHWAY 111 50 3,000 27 627-222-024 73845 HIGHWAY 111 50 4,400 28 627-222-025 50 3,800 29 627-222-026 73910 EL PASEO 50 5,000 30 627-222-027 73981 HIGHWAY 111 50 3,900 31 627-222-028 73890 EL PASEO 100 9,900 32 627-222-029 73940 EL PASEO 50 5,000 33 627-222-030 73833 HIGHWAY 111 150 8,200 34 627-222-034 73925 HIGHWAY 111 100 6,300 35 627-222-038 50 5,000 36 627-222-041 73950 EL PASEO 50 4,800 37 627-222-044 73941 HIGHWAY 111 100 7,800 38 627-222-048 73990 EL PASEO 140 13,300 39 627-222-052 73885 HIGHWAY 111 75 5,900 40 627-222-053 73970 EL PASEO 100 15,000 41 627-222-055 73820 EL PASEO 250 11,700 42 627-222-058 73993 HIGHWAY 111 140 9,300 Total 3,735 288,900 -- - - --- - -- --- --- -- --- --- -- P�rKe B-1 �MuniFinancaal C:i1V���I'rtl�ir I)r:r•rr 1'rrvdeut'.c Pl�rirr I PBI/)Xeu���•al .Fi,nlrr,�>rn:�•�it Di�trict Plrrir I'} 2��5/?��9 APPENDIX C —ASSESSMENT RDLL P:irc�cl icic°nrific�ric�n, fi�r c;ich Ic>t c�r j�arcc•1 \1'Iflltll thc l�isirict, shall bc nc�• ��arcc•1 as sllc>��ri c>n thc Cc�unt�' :�sscss<�r's �la�� fc�r thc �•car i>> �vhic}i rhis Rc�c�rt is ��rcy�arccj. "1'hc• �lsscssmcnt I:c�ll, �vliich inducics a listin�; c�f asscssc>i• ��arccls asscsscd �virliin tl�is l�istrict, alcm�;«•ith thcir a�scssmcne anu�unts, is shc��vn in Table 5 cm thc follc>«ing��af;c. — -- -- -- --._ —. -- — --. —. — Pcr�,�t�C-I �MuniFinancial Cit)�oJ I'al»� Ue�rrt 1're:ide�rt':Pl�zza I/'13lD Rr�teu���l ;L1a��Rgi�mrrrt Dl�tric�Plan f'1"2C08/?CC•9 Table 5: Assessment Roll Parking Front Building Total Footage Square Feet Indirect Costs Assessment Asmt Assessor Assessment for FY Assessment Assessment for FY 2008- No. Parcel Number Situs No. Situs Street 2008-09 for FY 2008-09 for FY 2008-09 09 1 627-2'12-002 73669 HIGHWAY 111 S 546 70 $ 1,614 60 $ 324 20 $ 2,485 50 2 627-212-003 73677 HIGHWAY 111 2.186 80 3,601.80 866.30 6,656 90 3 627-212-004 73640 EL PASEO 1,858.78 5,009.40 1,03022 7,898 40 4 627-212-005 73690 EL PASEO 546.70 3,394.80 591.22 4,532 72 5 627-212-006 73660 EL PASEO 546 70 2,401.20 442 18 3,390 08 6 627-212-009 73731 HIGHWAY 111 1,09340 3,519.00 691 66 5,304.26 7 627-212-010 73625 HIGHWAY 111 2,405 48 8,694 00 1,664 92 12,764 40 8 627-212-01� 73759 HIGHWAY 111 54670 1,987 20 380.08 2,913.98 9 627-212-012 73670 EL PASEO 1,093 40 4,222 80 797.44 6,113.64 10 627-212-014 73700 EL PASEO 546.70 1,324.80 280.72 2,152.22 11 627-212-015 73730 EL PASEO 546 70 2,070.00 392.50 3,009.20 627-212-016 12 627-212-017 73722 EL PASEO 54670 993.60 231.04 1,771 34 13 627-221-001 73710 EL PASEO 546.70 2,070.00 392.50 3,009.20 14 627-221-002 73741 HIGHWAY 111 546.70 1,987 20 380 08 2,913 96 15 627-221-004 73851 HIGHWAY 111 54670 1,366 20 286 94 2,199.84 16 627-221-008 73801 HIGHWAY 111 2.460.15 662.40 468.38 3,590.93 17 627-221-009 45145 SAN LUIS REY 2,350.81 7,534 80 1,482.84 11,368.45 18 627-221-010 73740 EL PASEO 546 70 2,194.20 411.14 3,152 04 627-221-011 19 627-222-002 73861 HIGHWAY111 546.70 1,366.20 28694 2,199.84 20 627-222-003 73965 HIGHWAY 111 546.70 1,945.80 373 88 2,866 38 21 627-222-004 73891 HIGHWAY 111 1,093.40 2,773 80 580.08 4,447.28 22 627-222-005 73900 EL PASEO 546.70 2,�11.40 398.72 3,056 82 23 627-222-008 73920 EL PASEO 546.70 2,070.00 392.50 3,009.20 24 627-222-014 73750 EL PASEO 546.70 1,904.40 367.66 2,818.76 25 627-222-015 73930 EL PASEO 546.70 2,152.80 404.92 3,104.42 26 627-222-021 73873 HIGHWAY 111 546.70 1,242.00 268 30 2,057 00 27 627-222-024 73845 HIGHWAY 111 546.70 1,821.60 35524 2,723 54 28 627-222-025 546.70 1,573 20 317.98 2,437.88 29 627-222-026 73910 EL PASEO 546 70 2,070.00 392.50 3,009.20 30 627-222-027 73981 HIGHWAY 111 546.70 1,614.60 324.20 2,485.50 31 627-222-028 73890 EL PASEO 1,093.40 4,098.60 778.80 5,970.80 32 627-222-029 73940 EL PASEO 546.70 2,070.00 392 50 3,00920 33 627-222-030 73833 HIGHWAY 111 1,640.10 3,394 80 755.24 5,790.14 34 627-222-034 73925 HIGHWAY 111 1,093.40 2,608 20 555 24 4,256.84 35 627-222-038 546.70 2,070.00 392.50 3,009.20 36 627-222-041 73950 EL PASEO 546.70 1,987.20 380.08 2,913.98 627-222-042 627-222-043 37 627-222-044 73941 HIGHWAY 111 1,09340 3,229.20 64840 4,971.00 38 627-222-048 73990 EL PASEO 1,530.76 5,506.20 1,055.54 8,092.50 39 627-222-052 73885 HIGHWAY 111 820.05 2,442.60 489.40 3,752.05 40 627-222-053 73970 ELPASEO 1,09340 6,210.00 1,095.52 8,39892 41 627-222-055 73820 ELPASEO 2,733.50 4,843.80 1,13660 8,713.90 42 627-222-058 73993 HIGHWAY 111 1,53076 3,850.20 807.14 6,188 10 Total S 40,838.49 S 119,604.60 S 24,066.44 E 184,509.53 "'Due to roundng.totals may not add up to 5�84.278 21 Sources Riversida County Secured Roll,Mun�Rnancial -------- . .._. _..- - ----- ---- �- - -- ----- ....PQ�P�.-� �MuniFinancial Martinez, Gloria From: Moeller, Charlene[CMOELLER@palmspri.gannett.com] Sent: Monday, June 02, 2008 10:54 AM To: Martinez, Gloria Subject: RE: Legal Notice - PH 07/10/08 Res 08-41 - Presidents' Plaza I BID Ad received and will publish on date(s) requested. Charlene Moeller Pubiic Notice Customer Service Rep. The Desert Sun Newspaper 750 N. Gene Autry Trail, Palm Springs, CA 92262 (760) 778-4578, Fax (760) 778-4731 _ . Desert Sun le4als(a�thedesertsun.com 8 Desert Post Weekly dpwlegals(c�thedesertsun.com The Valley's#1 Source in News �Advertising! From: gmartinez@ci.palm-desert.ca.us [mailto:gmartinez@ci.palm-desert.ca.us] Sent: Monday, June 02, 2008 10:01 AM To: charlene.moeller@desertsun.com Cc: mloredo@ci.palm-desert.ca.us; achavez@ci.palm-desert.ca.us; rstendell@ci.palm-desert.ca.us Subject: Legal Notice - PH 07/10/08 Res 08-41 - Presidents' Plaza I BID PLEASE PUBLISH THE FOLLOWING: NOTICE OF PUBUC HEARING Resolution No.OS-41—Declaring the City's Intention to Form the Presidents' Plaza I Business Improvement District and to Levy and Collect Assessments Therein,and Calling for an Assessment Ballot Proceeding to Submit to the Qualified Property Owners Within Such District the Question of Levying Assessments for Such District,Commencing Fiscal Year 2008/2009. ONE TIME IN THE DESERTSUN Thursday,June 26, 2008 If you have any questions or require additional information, please call. yj?, v�r��r�i�c 'f y?a•i�"in,�� J Etccurcl�"l�cchii�ci�in Cit�.�c,Y['altn llc°seri ,-:;-:;1�� 1�rc�1 ��'arin� I)ritc 1';ilriG I)�,srrt, C�alifi�r�nia '����'r�>i� �;'Fit?i ,>�I•t>-i"�Ei! l l�:zL .`fri l� �martine��uci.�alrn-desert.ca.u5 1 RESOLUTION NO. 08-41 property owners of record within the District as of the close of the Intent Meeting. Each property owner may return the ballot by mail or in pe�on to the Cary C1erk not later than the conclusion of the Public Hearing on Thursda�Jul�10, 2008. The Public Hearing is scheduled to begin on Thursday,July 10, 2008, at 4:00 p.m., at the City Council Chambers, 73-510 Fred Waring Drive, Palm Desert. At the close of the Public Hearing, the Ciry shall open and tabulate the ballots to deternune if a majority protest e�ts. The ballots shall be weighted according to the proportional financial obligation of the affected property. A majority protest e�sts if, upon the conclusion of the hearing, ballors submitced in opposition to the assessment exceed the ballots submitted in favor of the assessment. 5. District Boundaries: The territory of the District is located South of Palm Desert Drive at Highway 111; North of El Paseo; West of Portola Avenue; and East of Larkspur Lane as described in the Engineer's Report and the Management District Plan, which are incorporated herein by reference. The District is designated as "President's Pla�a I Property and Business Improvement District." 6. Descri�tion of Services and Im�rovements: The improvements and activities within the District include: maintenance of parking lot landscaped areas, maintenance and operation of parking lot lighting facilities, debris removal, and rnaintenance of parking lot surface areas; and are more specifically described in the Engineer's Report and the Management Plan attached hereto and incorporated herein by reference. 7. Pro�osed Assessment Amounts: The proposed assessments are detailed in the Engineer's Report and the Management District Plan,which also detail the assessment range formula. 8. Notice of Public HearinQ(sl: The Caty Council hereby declares its intention to conduct a Public Hearing concerning the levy of assessments for the District in accordance with Government Code, Section 54954.6 and California Constitution, Article XIIID, Section 4(e). Notice is hereby given that a Public Hearing on these matters will be held by the Ciry Council on Thursda�Tuly 10, 2008 at 4:00 P.M., in the City Council Chambers, located at 73-510 Fred Waring Drive,Palm Desert. 9. Notice. Property owners will be provided an assessment ballot and notice of the public hearuig at least 45 days prior to the public hearing. Completed ballots must be received by the City CYerk prior to the conclusion of the Public Hearing, after which they will be opened and tabulated. In addition to the ballots,District property owners may file a written protest regarding the District forcnation with the City � Clerk prior to the conclusion of the hearing, or, having previously filed a protest, may file a written withdrawal of that protest. A written protest shall state all grounds of objection and a protest by a properry owner shall contain a description sufficient to identify the property owned by such property owner. At the public hearing, all interested persons shall be afforried the oppomuuty to hear and be heard. 10. The City C7erk is hereby authorized and directed to give notice of such hearing as provided by law. I 2