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HomeMy WebLinkAboutPresidents Plaza PBID Staff Report Intent Meeting April 30 2020STAFF REPORT CITY OF PALM DESERT FINANCE DEPARTMENT MEETING DATE: April 30, 2020 PREPARED BY: Tom Metz, Deputy City Treasurer Tom Garcia, Director of Public Works REQUEST: Approve the initiation of proceedings to form the President's Plaza Property and Business and Improvement District, and to levy and collect assessments therein; the Management District Plan and, preliminarily, the Engineer's Report; and an assessment ballot proceeding so that qualified property owners within the district may vote on the levying of district assessments. Recommendation Waive further reading and adopt: 1. Resolution No. 2020-39, initiating proceedings for the formation of the President's Plaza Property and Business Improvement District, and the levy and collection of assessments, pursuant to the provisions of part 7 of division 18 of the California Streets and Highways Code, for Fiscal Year 2020/2021; 2. Resolution No. 2020-40, describing proposed improvements and services, approving the Management District Plan, and preliminarily approving the Engineer's Report, regarding the proposed formation/re-establishment of the President's Plaza Property and Business Improvement District, pursuant to the provisions of part 7 of division 18 of the California Streets and Highways Code, for Fiscal Year 2020/2021; and 3. Resolution No. 2020-41, declaring the City's intention to form the President's Plaza Property and Business Improvement District, to levy and collect assessments therein, and calling for an assessment ballot proceeding to submit to the qualified property owners within that district the question of levying district assessments, commencing Fiscal Year 2020/2021. Strategic Plan Objective This action addresses Land Use, Housing & Open Space Priority #1, Enhance Palm Desert as a first-class destination for premier shopping and national retail businesses. April 30, 2020 — Staff Report Intent Meeting for President's Plaza I — Resolutions Nos. 39-41 Page 2 of 2 Background Analysis The President's Plaza Property and Business Improvement District ("PPID") includes properties that are located on the south side of Highway 111, and on the north side of El Paseo, between Portola and Larkspur Lane. The street boundaries of PPID are shown on a map on Page A-2 of the Engineer's Annual Levy Report for Fiscal Year 202012021. The City collects annual assessments from PPID property owners to pay for landscape maintenance, street sweeping, solid waste/recycling and parking lot lighting within the common parking lot areas. The authorized district levy is expiring June 30, 2020. Staff is requesting that we renew the district levy for an additional two-year term for Fiscal Years 2020/2021 and 2021/2022 at which time we will reevaluate the costs for the district based on the anticipated improvements to the parking lot which are expected to begin in Spring 2021. The only modification to the PPID budget at this time will be a three percent (3%) cost -of - living adjustment for each year of the two-year plan which a majority of the property owners must approve. Staff recommends that the City Council declare its intention to levy the full assessment, and to set the Public Hearing date for June 25, 2020, pursuant to state law. Fiscal Analysis The assessment and collection of the levy will finance both ongoing maintenance of the PPID and associated staff costs, reducing the City's financial burden. LEGAL REVIEW DEPT. REVIEW FINANCIAL REVIEW ASSISTANT CITY MANAGER A�/ 01 t.`'W. Ova Tom. G�� • [, � a,*v/'�. I'Vooiz, _- V,�J911 ..4}i.•.+ Robert W. Hargreaves Andy Firestine City Attorney Tom Garcia, P.E. Janet M. Moore Assistant City Manager Director of Public Works Director of Finance City Manager, Lauri Aylaian: -?Au4 i ATTACHMENTS: Resolution No. 2020-39 Resolution No. 2020-40 Resolution No. 2020-41 FY 2020/2021 Engineer's Annual Levy Report (Preliminary) REGULAR PALM DESERT CITY COUNCIL MEETING APRIL 30, 2020 XIV. NEW BUSINESS A. REQUEST FOR AUTHORIZATION OF ACTIONS RELATED TO FORMATION OF, THE LEVY AND COLLECTION OF ASSESSMENTS IN, AND CALLING FOR AN ASSESSMENT BALLOT PROCEEDINGS FOR THE PRESIDENT'S PLAZA PROPERTY AND BUSINESS IMPROVEMENT DISTRICT - FISCAL YEAR 2020/2021. Rec: Waive further reading and adopt: 1) Resolution No. 2020-39, initiating proceedings for the formation of the President's Plaza Property and Business Improvement District, and to levy and collection of assessments, pursuant to the provisions of part 7 of division 18 of the California Streets and Highways Code, for Fiscal Year 2020/2021; 2) Resolution No. 2020-40, describing proposed improvements and services, approving the Management District Plan, and preliminarily approving the Engineer's Report, regarding the proposed formation/re-establishment of the President's Plaza Property and Business Improvement District, pursuant to the provisions of part 7 of division 18 of the California Streets and Highways Code, for Fiscal Year 2020/2021; 3) Resolution No. 2020-41, declaring the City's intention to form the President's Plaza Property and Business Improvement District, to levy and collect assessments therein, and calling for an assessment ballot proceeding to submit to the qualified property owners within that district the question of levying district assessments, commencing Fiscal Year 2020/2021. Action: Adopted Resolution Nos. 2020-39, 2020-40, and 2020-41. 55-00 (AYES: Harnik, Jonathan, Kelly, Weber, and Nestande; NOES: None) CITY COUNCIL ANION APPROVED ✓ DENTED RECEIVE -OTHER "Anlo,4 s lk A&2&-A9 4.hrouah d DAV - �H ' i /AXIIIII *WiNAAMT7011111111711U-111RVKUMaJ�r J ABSTAIN: e ♦__1 VERIFIED BY: La, - IWACA Original on File with City Clerk's Office