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HomeMy WebLinkAboutSR-Initiate Proceedings Formation of President's Plaza I-BIDREQUEST: SUBMITTED BY: DATE: CONDITIONS: Recommendation CITY OF PALM DESERT CITY MANAGER'S OFFICE CITY COUNCIL STAFF REPORT CONSIDERATION OF APPROVAL TO INITIATE PROCEEDINGS FOR THE FORMATION OF THE PRESIDENT'S PLAZA I PROPERTY AND BUSINESS IMPROVEMENT DISTRICT Ryan Stendell, Senior Management Analyst May 23, 2013 Resolution No. 2013-23 Resolution No. 2013- 24 Resolution No. 2013-25 Preliminary Management District Plan Preliminary Engineer's Report Waive further reading and adopt: 1. Resolution No. 2013-21 initiating proceedings for the formation of the President's Plaza I Property and Business Improvement District and the levy and collection of assessments for Fiscal Year 2013/2014 pursuant to the provisions of Part 7 of Division 18 of the California Streets and Highways Code; 2. Resolution No. 2013-24 describing proposed improvements and services and approving the management district plan and preliminarily approving the engineer's report for fiscal year 2013/2014 regarding the proposed formation/renewal of the President's Plaza I Business Improvement District, pursuant to the provisions of Part 7 of Division 18 of the California Streets and Highways Code; and 3. Resolution No. 2013-25 declaring the City's intention to form the President's 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 2013/2014. Staff Report President's Plaza I PBID May 23, 2013 Page 2 of 2 Backaround The President's Plaza I Business Improvement District was re-established in 2008 for a 5-year term and budget. The District includes properties located on the south side of Highway 111 and on the north side of El Paseo, between Portola Avenue and Larkspur Lane. The City collects annual assessments to pay for services such as landscape maintenance, street sweeping, and parking lot lighting within the common parking lot areas. Each fiscal year the City Council reviews and approves a budget that is set at the first year of the district. The District is concluding its final year of the 5-year term and proceedings to re-form the district must take place in order to levy the assessment. The Presidents Plaza I parking area is currently in need of substantial renovations. Staff is looking into defining a project and identifying funds necessary to complete the work. Staff is proposing that the district be reformed for a period of three years, at which time staff would have a project developed and could re -initiate the process with funding that would allow staff to fully maintain the parking lot. Staff would propose that no City project begin until the property owners commit to maintaining the parking area. Staff recommends that the City Council approve the attached resolutions to initiate the re-formation process. If the resolutions are approved, a public hearing will be scheduled for July 11, 2013, to open and count the ballots received. Fiscal Analvsis The assessment and collection of the levy amount funds the on -going maintenance of the President's Plaza I Business Improvement District costs. Funds for any renovations of the parking area have not been identified at this time. Prepared By: Reviewe• a d Concur: kyan Stendell Senje( nagement Analyst Paul S. Gibson, Director of Finance Mark G e: nwood, P. arks APPROVED vents R CE�D /'I( /3-1 62O -4� MEETING DATE n"1-(93"1 AYES:, mSUfSPi egO,Tanner ti kor, and _ lnink NOES:, of r ABSENT: , A 101 Q. ABSTAIN:. A 1(mp� . 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