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HomeMy WebLinkAbout23-Water Department CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION From: John P. Murphy OR' 1"\ ! ~ !A- L '\.ili/v Dept: Water Department Subject: Resolution assessing parcels within the boundaries of South San Bernardino County Water District for 2001/2002 in the amount of $13,137.50. Date: May 1,2001 MICC Meeting Date: May 21, 2001 Synopsis of Previous Council Action: Annually since March 1989. Last assessment March 2000. Recommended Motion: Adopt resolution. -tJJ>Si9~ Contact person: .John P Murphy Phone: 3R4-!11R4 Supporting data attached: Debt Service Schedule Ward: One FUNDING REQUIREMENTS: Amount: .... Source: (Acct. No.) NIA (property assessment) (Ar.d n",!':r.ription) Finance: Council Notes: Agenda Item No. S I~I / tJJ ;t3 CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION StaH Report Subject: A resolution of the Mayor and Common Council of the City of San Bernardino, successor to the South San Bernardino County Water District, assessing properties within the previous District boundaries in the amount of $13,137.50 for the fiscal year 2001/2002. Background: South San Bernardino County Water District (District) merged with the City of San Bernardino effective August I, 1991. The terms and conditions of the merger were approved by the Board of Water Commissioners, the Mayor and Common Council, and the Local Agency Formation Commission. The Board of Supervisors of the County of San Bernardino, as conducting authority, approved the merger on July 15, 1991. A condition of the merger stipulated that the City of San Bernardino would be the successor agency within the jurisdiction of the Board of Water Commissioners, with the successor agency assuming all rights, responsibilities, properties, equipment, contracts, assets and liabilities, and functions of the South San Bernardino County Water District. The District issued and sold Series "C" Waterworks Bonds in the amount of $150,000.00 in 1988, pursuant to a 1958 vote of the people of the District, to incur bonded indebtedness of $400,000 for the purchase of certain improvements ofthe District. Financial Impact: The amount of the assessment for all assessable parcels within the boundaries of the previous District for the 2001/2002 Fiscal Year has been determined to be $8,137.50 in interest and $5,000 for principal, totaling $13,137.50. Recommendation: It is recommended that the Mayor and Common Council adopt the resolution for new tax rate. ( \- 2 RESOLUTION NO. ( . 17 ~~'u~Lf 3 A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, SUCCESSOR TO THE SOUTH SAN BERNARDINO COUNTY WATER 4 DISTRICT, ASSESSING PROPERTIES WITHIN THE PREVIOUS DISTRICT BOUNDARIES IN THE AMOUNT OF $13,137.50 FOR THE FISCAL YEAR 5 2001/2002. 6 WHEREAS, the people of the South San Bernardino County Water 7 District (District) voted in 1958 to incur a bond indebtedness of 8 $400,000 for the purchase of certain improvements of the District; 9 and 10 WHEREAS, the District has issued and sold Series .C" Waterworks 11 bonds in the amount of $150,000; and 12 WHEREAS, the District, pursuant to the Cortese/Knox Local 13 Governmental Reorganization Act (Government Code Section 5600), (A. ~ merged with the City of San Bernardino effective August 1, 1991; and WHEREAS, a condition of the merger includes that the City of San Bernardino shall be the successor agency within the jurisdiction 16 17 of the Board of Water Commissioners, with the successor agency, 18 assuming all rights, responsibilities, properties, equipment, 19 contracts, assets and liabilities, and functions of the district; 20 and 21 WHEREAS, the City of San Bernardino requires the total sum of 22 $13,137.50 for the principal and interest payment during 2001/2002. 23 NOW THEREFORE BE IT RESOLVED by the Mayor and Common Council of 24 the City of San Bernardino to assess all assessable parcels within 25 the boundaries of the previous District for the total amount of 26 $13,137.50 for the fiscal year 2001/2002, to require the County of 27 San Bernardino Auditor/Controller to compute the tax rate, and to , collect said sum through the County of San Bernardino Tax Collector. \- Page 1 of 2 c_ A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, SUCCESSOR TO THE SOUTH SAN BERNARDINO COUNTY WATER DISTRICT, ASSESSING PROPERTIES WITHIN THE PREVIOUS DISTRICT BOUNDARIES IN THE AMOUNT OF $13,137.50 FOR THE FISCAL YEAR 2001/2002. 2 3 I HEREBY CERTIFY that the foregoing resolution was duly adopted 4 by the Mayor and Common Council of the City of San Bernardino at a COUNCIL MEMBERS AYES NAYS 8 ESTRADA 9 LIEN 10 McGINNIS 11 SCHNETZ 12 SUAREZ 13 <:= ANDERSON McCAMMACK 15 16 17 "'7 \-:j 5 6 meeting thereof, held the on , 2001, by the following vote to wit: 7 ABSENT day of ABSTAIN Rachel Clark, City Clerk 18 19 The foregoing resolution is hereby approved this , 2001. of 20 21 22 23 24 day Judith Valles, Mayor City of San Bernardino Approved as to form and legal content: 25 26 JAMES F. PENMAN City Attorney eyer- 1. p~ Page 2 of 2 South San Bernardino Water District Issue Date: 03/01/88 (~' 1956 Waterworks Bonds: Series C 7.75% Interest Rate Debt Service Schedule ~-.-- Transfer to Sinking Fund Principal Principal Fiscal Cash Date Interest Sinking Fund Balance Redemption Balance ReQuirement I 01 - SEP -88 $5,812.50 $150,000.00 2 01 -MAR-89 5,812.50 150,000.00 $1 1,625.00 3 01 - SEP -89 5,812.50 150,000.00 4 01 -MAR-OO 5,812.50 150,000.00 11,625.00 5 01 -SEP -00 5,812.50 150,000.00 6 01 -MAR-91 5,812.50 150,000.00 11,625.00 7 01 -SEP-91 5,812.50 150,000.00 8 01 -M{\R-92 5,812.50 150,000.00 11,625.00 9 01 - SEP -92 5,812.50 150.000.00 10 01 -MAR-93 5,812.50 $5,000.00 $5,000.00 * 150,000.00 11,625.00 11 01 - SEP .-93 5,812.50 150,000.00 12 01 -MAR-94 5,812.50 5,000.00 10,000.00 * 150,000.00 11,625.00 13 01 - SEP -94 5,812.50 150,000.00 14 01 -MAR-95 5,812.50 (10,000.00) 0.00 * 15,000.00 135,000.00 26,625.00 15 01 -SEP-95 5,231.25 135,000.00 16 01 -MAR-96 5.231.25 5.000.00 130,000.00 15,462.50 17 01 -SEP-96 5,037.50 130,000.00 18 01 -MAR-97 5,037.50 5,000.00 125,000.00 15,075.00 19 01 - SEP -97 4,843.75 125,000.00 20 01 -MAR-98 4,843.75 5,000.00 120,000.00 14,687.50 21 01 - SEP -9B 4,650.00 120,000.00 22 01 -MAR-99 4,650.00 5,000.00 115,000.00 14,300.00 <: 23 01 - SEP -99 4,456.25 115,000.00 24 01 -MAR-OO 4,456.25 5,000.00 110,000.00 13,912.50 25 01 - SEP -00 4.262.50 110,000.00 26 01 -MAR-<ll 4,262.50 5,000.00 105,000.00 13,525.00 -27 01 - SEP -<II 4,068.75 105,000.00 -28 01 -MAR-()2 4,068.75 5,000.00 100,000.00 13,137.50 29 01 - SEP -<12 3,875.00 100,000.00 30 01 -MAR-()3 3,875.00 5,000.00 95,000.00 12,750.00 31 01 - SEP -<13 3,681.25 95,000.00 32 01 -MAR-{)4 3,681.25 5,000.00 90,000.00 12,362.50 33 01 - SEP -{)4 3,487.50 90,000.00 34 01 -MAR-<l5 3,487.50 5,000.00 85,000.00 11,975.00 35 01 -SEP -<15 3,293.75 85,000.00 36 01 -MAR-06 3,293.75 10,000.00 75,000.00 16,587.50 37 01 - SEP -06 2,906.25 75,000.00 ' 38 01 -MAR-<l7 2.906.25 10,000.00 65,000.00 15,612.50 39 01 - SEP -<17 2,518.75 65,000.00 40 01 -MAR-QB 2,518.75 10,000.00 55,000.00 15,037.50 41 01 - SEP -QB 2,131.25 $55,000.00 42 01 -MAR...{)9 2,131.25 10,000.00 45,000.00 14,262.50 43 01 -SEP...{)9 1,743.75 45,000.00 44 01 -MAR-l0 1,743.75 10,000.00 35,000.00 13,467.50 45 01 -SEP -10 1,356.25 35,000.00 46 01-MAR-l1 1,356.25 10,000.00 25,000.00 12,712.50 47 01 -SEP-l1 968.75 25,000.00 48 01 -MAR-12 968.75 10,000.00 15,000.00 11,937.50 49 01 -SEP -12 581.25 15,000.00 50 01 -MAR-13 561.25 15.000.00 0.00 16.162.50 - Totals $199.562.50 $150.000.00 $349.562.50 " - * Due to misinterpretation o( debt service requirements, mandatory bond redemption for 1993 and 1994 were not paid until March 1995; this schedule reflects actual payments to bond holders including bond redemption. <ub-bond> CP' .. ...... Date Due 9-1-1999 3-1-2000 9-1-2000 3-1-2001 9-1-2001 3-1-2002 , 9-1-2002 3-1-2003 9-1-2003 3-1-2004 9-1-2004 3-1-2005 9-1-2005 , ,3-1-2006 ' (<: ~=~=;:; '.. / 9-1-2CX11 3-1-2008 9-1-2008 3-1-2009 9-1-2009 3-1-2010 9-1-2010 3-1-2011 9-1-2011 3-1-2012 9-1-2012 3-1-2013 MUNICIPAL WATER DEPARTMENT OF THE CITY OF SAN BERNARDINO, CALIFORNIA Bond Schedule - General Obligation Waterworks Bonds, Series C Pavrnents $ 5,000 5,000 5,000 5,000 5,000 '5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 15.000 $115.000 , $ Interest Total Interest Rate $ 4,456 $ 4,456, 7.75% 4,456 9,456 , 7.75% 4,263 4,263' 7.75% 4,263 9,263, 7.75% 4,069 4,069 7.75% 4,069 9,069 7.75% 3,875 ' , 3,875, 7.75% 3,875 ., 8,875<' ," , 7.75% 3,681 3,681 7.75% 3,681 8,681< , 7.75% 3 488 3 488'" ' 7 75% , 3;488' ,'/ J~;{~'8;~8t'c;.; 7:75% 3,294' 3,2!!'l',' 7.75% 3 294 '13 294~';'f';';"-75% ' 2;906';'; ;'2;906;';'''''''' ,7:75% 2,906 ' 12,906: 7.75% 2,519 - 2,519' 7.75% 2,519 12,519 7.75% 2,131 2,131;7.75% 2,131 12,131 7.75% 1,744 1,744 7.75% 1,744 11,744 7.75% 1,356 1,356 7.75% 1,356 11,356 7.75% %9 %9 7.75% %9 10,%9 7.75% 580 580 7.75% 580 15580 7.75% $78.662 $193.662 Bonds related to water system improvements for South San Bernardino Water District, which was acquired by ~, the Department in 1991. \........... -49- l ** FOR OFFICE USE ONLY - NOT A PUBLIC DOCUMENT ** RESOLUTION AGENDA ITEM TRACKING FORM Meeting Date (Date Adopted): 5-'2.'~c)1 Vote: Ayes 1-, Nays Change to motion to amend original documents; Item # ?.~ .e- Abstain Reso. # On Attachments: ~ Contract tenn: - Note on Resolution of Attachment stored separately: -=- Direct City Clerk to (circle I): PUBLISH, POST, RECORD W/COUNTY Date Sent to Mayor: :5 - Z 3 -C ) Date of Mayor's Signature: .s'd-S--C,) Date of Clerk/CDC Signature: S - d,!;'-~ \ Date Memo/Le See Attached: See Attached: See ached: for Signature: 60 Day Reminder Letter Sent on 30th day: 90 Day Reminder Letter Sent on 45th day: Request for Council Action & Staff Report Attached: Updated Prior Resolutions (Other Than Below): Updated CITY Personnel Folders (6413, 6429, 6433,10584,10585,12634): Updated COC Personnel Folders (5557): Updated Traffic Folders (3985, 8234, 655, 92-389): Copies Distributed to: City Attorney /' Parks & Rec. Oev. Services Code Compliance Public Services Water Police Notes: Resolution # 2cx:>\- 12 \ -e- Absent -e- NullNoid After: - By: - Reso. Log Updated: Seal Impressed: ./'" v" Oate Returned: - Yes / No By Yes No --L By Yes No V' By Yes N07 By Yes No By EDA ,/ Finance MIS Others: BEFORE FILING, REVIEW FORM TO ENSURE ANY NOTATIONS MADE HERE ARE TRANSFERRED TO THE YEARLY RESOLUTION CHRONOLOGICAL LOG FOR FUTURE REFERENCE (Contract Term. etc.) Ready to File: fl'\'I Date: S/ dCj l.lli f Revised 01112/01