HomeMy WebLinkAboutItem No. 04 -PowerPoint - Annexation No2. CFD 2019-1Public Hearing
CFD No. 2019-1 Annexation No. 2:
PM 19814
Presented by Alex Qishta, Deputy Director of Public Works/City Engineer
Public Hearing on CFD 2019-1 Annexation No. 1
Discussion
•The Property Owner, GWS #4 Development, LLC, has requested the City assist them in annexing territory into CFD No. 2019-1 to cover the costs associated with the maintenance of Public Improvements.
•The area proposed within Annexation No. 2 includes one parcel APN 0141-431-24 within PM 19814. This proposed development is to include approximately 1,065,000 square feet of industrial high cube logistics warehouse building.
•The proposed maximum annual tax of $608 per acre will be included in CFD No. 2019-1 as Tax Zone 3. The maximum annual tax is proposed to escalate at the greater of the Consumer Price Index (CPI) or 2%.
Public Hearing on CFD 2019-1 Annexation No. 1
Discussion (Cont.)
•The services, which may be funded with proceeds of the
special tax include:
•All costs attributable to maintaining, servicing, cleaning, repairing and/or replacing landscaped areas in public street
right-of-way’s, public landscaping, open spaces and other similar landscaped areas officially dedicated for public use.
•In addition to the costs of the forgoing services, proceeds of the
special tax may be expended to pay administrative expenses and for the collection of reserve funds.
Project Location
Public Hearing on CFD 2019-1 Annexation No. 1
Fiscal Impact
•It is anticipated that at build-out the total Special Tax
revenues to pay for maintenance costs will be
approximately $33,789. All costs associated with the
annexation is borne by the Developer. There is no fiscal
impact to the City’s General Fund.
Public Hearing on CFD 2019-1 Annexation No. 1
Recommended Action
1. CITY COUNCIL INITIATE ANNEXATION OF TERRITORY TO CITY OF SAN BERNARDINO COMMUNITY FACILITIES DISTRICT NO. 2019-1 (MAINTENANCE SERVICES) ("CFD NO. 2019-1" OR "CFD") BY TAKING THE FOLLOWING ACTIONS:
A. HOLD PUBLIC HEARING,
B. ADOPT A RESOLUTION CALLING THE ELECTION,
C. HOLD A SPECIAL LANDOWNER ELECTION AND CANVASS THE ELECTION,
D. ADOPT A RESOLUTION DECLARING RESULTS OF SPECIAL LANDOWNER ELECTION;
AND
2. UPON APPROVAL OF THE PRECEDING RESOLUTIONS, INTRODUCE AN ORDINANCE AMENDING ORDINANCE NO. MC-1522 AND LEVYING AND APPORTIONING THE SPECIAL TAX IN CFD NO. 2019-1 (AS IT NOW EXISTS AND WILL EXIST IN THE FUTURE); AND
3. SCHEDULE THE FINAL READING AND ADOPTION OF THE AMENDED ORDINANCE FOR MAY 20, 2020.
Questions?