The URL can be used to link to this page

Home My WebLink About34-Water Department 1---- . . . CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION From: Stacey R. Aldstadt Subject: Resolution assessing parcels within the boundaries of South San Bernardino County Water District for 2007/2008 in the amount of $15,037.50. Dept: Water Department Date: May 23, 2007 MICC Meeting Date: June 18, 2007 Synopsis of Previous Council Action: Annually since March 1989. Last assessment August 21,2006. Recommended Motion: Adopt resolution. ~~ Stacey R. Idstadt, General Manager Contact person: nnn !=:h",,.,k..lfnrrl Phone: 'lR4_"i1 R4 Supporting data attached: Debt Service Schedule Ward: One FUNDING REQUIREMENTS: Amount: Source: (Acct. No.) NIA (property assessment) (A,.,,.,t n..",.,.iptinn) Finance: Council Notes: Agenda Item No. ~J.j eoJ/f) D7 e e e CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION Staff 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 $15,037.50 for the fiscal year 2007/2008. 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 Board of Water Commissioners would be the successor agency within the jurisdiction of the City of San Bernardino, 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 Districtissued 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 of the District. Financial Impact: The amount of the assessment for all assessable parcels within the boundaries of the previous District for fiscal year 2007/2008 has been determined to be $5,037.50 in interest and $10,000 for principal, totaling $15,037.50. Recommendation: It is recommended that the Mayor and Common Council adopt the resolution for the. annual assessment. e1 2 RESOLUTION NO. 3 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 $15,037.50 FOR THE FISCAL YEAR 200712008. 4 5 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, in 1988, issued and sold Series "C" 11 Waterworks 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 56001., 14 merged with the City of San Bernardino effective August 1, 1991; and e.5 WHEREAS, a condition of the merger includes that the Board of 16 Water Commissioners shall be the successor agency within the 17 jurisdiction of the City of San Bernardino, with the successor 18 agency, assuming all rights, responsibilities, properties, 19 equipment, contracts, assets and liabilities, and functions of the 20 district; and 21 WHEREAS, the City of San Bernardino requires the total sum of 22 $15,037.50 for the principal and interest payment for the Series "C" 23 Waterworks Bonds during 2007/2008. 24 NOW THEREFORE BE IT RESOLVED by the Mayor and Common Council of 25 the City of San Bernardino to assess all assessable parcels within 26 the boundaries of the previous District for the total amount of 27 $15,037.50 for the fiscal year 200712008, to require the County of 41'8 San Bernardino Auditor/Controller to compute the tax rate, and to Page 1 0 f 2 ilo. .sf! ~//!/() e1 2 3 14 e5 _8 A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, SUCCESSOR Te THE SOUTH SAN BERNARDINO COUNTY WATER DISTRICT, ASSESSING PROPERTIES WITHIN THE PREVIOUS DISTRICT BOUNDARIES IN THE AMOUNT OF $15,037.50 FOR THE FISCAL YEAR 2007/2008. collect said sum through the County of San Bernardino Tax Collector. 4 I HEREBY CERTIFY that the foregoing resolution was duly adopted 5 6 7 by the Mayor and Common Council of the City of San Bernardino at a meeting thereof, held on the 18th day of June, 2007, by the following vote to wit: 8 9 COUNCIL MEMBERS 10 ESTRADA 11 BAXTER 12 13 BRINKER DERRY KELLEY JOHNSON 16 McCAMMACK 17 18 19 20 AYES NAYS ABSENT ABSTAIN Rachel Clark, City Clerk of The foregoing resolution is hereby approved this , 2007. 21 22 23 24 Approved as to form: 25 26 day Patrick J. Morris, Mayor City of San Bernardino 27 By: t/ ~ Penman, City Attorney Page 2 c f 2 an Bernardino Waler District Issue Dale: 03/01/88 alerworka Bonds: Series C 7.75% Inleresl Rale Debt Service Schedule Transfer to Sinking Fund Principal PrlnclpaJ Fiscal Cssh Dale Inleresl Sinking Fund Balance Redemption Balance ReQulremenl 1 01 - SEP -88 $5,812.50 $150,000.00 2 01 -MAR-89 5,812.50 150,000.00 $11,625.00 3 01 - SEP -89 5,812.50 150,000.90 4 01 -MAR-OO 5,812.50 150,000.00 11,625.00 5 01-SEP-OO . 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~-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 5,612.50 150,000.00 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 -98 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 e 24 01 -MAR-<lO 4,456.25 5,000.00 110,000.00 13,912.50 25 01 - SEP -<lO 4,262.50 110,000.00 26 01 -MAR-ol 4,262.50 5,000.00 105,000.00 13,525.00 27 01 - SEP -01 4,068.75 105,000.00 28 01 -MAR-02 4,068.75 5,000.00 100,000.00 13,137.50 29 01 - SEP -02 3,875.00 100,000.00 30 01 -MAR-03 3,875.00 5,000.00 95,000.00 12,750.00 31 01 - SEP -03 3,681.25 95,000.00 32 01 -MAR-04 3,681.25 5,000.00 90,000.00 12,362.50 33 01 - SEP -04 3,487.50 90,000.00 34 01 -MAR-05 3,487.50 5,000.00 85,000.00 11,975.00 . 35 01 - SEP -05 3,293.75' 85,000.00 36 01 -MAR-OS 3,293.75 10 0Q(l 00 75,000.00 11LI;8l..SO . 37 01 - SEP -os 2,906.2~ 75,000.00 38 01 -MAR-07 2,906.25 10.000.00 65,000.00 l5Jl12Ji!l 39 01 - SEP -07 2,518.75, 65,000.00 40 01 -MAR-OS 2.518.7:,...... 10.000.00 55.000.00 15.037.50 41 01 - sEP:.{ie-- 2,131.25 $55,000.00 42 01 -MAR-09 2,131.25 10,000.00 45,000.00 14,262.50 43 01 -SEP-09 1,743.75 45,000.00 44 01-MAR-10 1,743.75 10,000.00 35,000.00 13,487,50 45 01 -SEP -10 1,356.25 35,000.00 46 01 -MAR-II 1,356.25 10,000.00 25,000.00 12,712.50 47 01 -SEP -11 968.75 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 e 50 01 -MAR -13 581.25 15,000.00 0.00 16,162.50 . Tolals $199.562.50 $150.000.00 $349.562.50 . Due to misinterpretalion of debt service requirements, mandalory bond redemption tor 1993 and 1994 were not paid until March 1995; .this schedule reflects aclua' payments to bond holders including bond redemption. < ub- bond > \ ~D . c u. .......,.. .. ~, I..... e AR.- 1I111f.-ej) ;./' ., " . rr .- - C 'C r- . . ;1 r " DATE: 11- 1- ,tJ fI.E NO.:. /2. O~ e ; PREPARED' BY:~. ~~U . ... ",- .......... CITY OF SAN BERNARDINO .. DEPARTt.ENT Of PUB~IC WORKS AtfI:XATION NO~ ......,S, ".,.' ..i Lm=cc) 2GlI'/ e l - .. !~ ..'^ f. . "v e~ .- ... ~.' ".r -." . . ..'e -L I,I~ I .~ - U3l/J.S .... --..l.y- I '''''-Irs l ~ 1......, 1~' , .....,- --" II _ ~, J;, <( < .... r--- (i)~ "." "'cl' 01 "0,0(, (,,, rJt9 ~ I .... I ~ 'tcl'~ I It .,,' I. ' ,!f. I "'11 'T/.' it 1 .... ~;,. ~ ~ /.,; / ~. 2~ I," t)1 ~ ~ , <~ .. I '-J.{~ # ~ II"'. .. ~ J:........' '" \....~.... ... ,.. I /J~" ..\&1.;.. lip .'. I"?;,'" .q .~ (~ ... ' 4", jlJl# .... -;0 ~Ii) , 41 iit~ ." .~ ~' .. .! @ I . q, :. / ,... OJ. ~4', It>, t~~' u@ ~ ! ,. <i> ~_ .. ~ 3 ~ tJ. ~..~ or ~ tH ~., ~ I'" ~ .#"" ',35:1 ~ I@ c ~.~ ~ q ~ ~ "" . ':'_-~ \It)j ~ ~.:!~' ! il.,':; oW lot '~-' II ~ ri..l' ~"e, v' _.. . a ;; ~~ !...! ~ ../' ~@ .. ii\..... I~b C;. .. (i) ~ ~ If 17 / ~/At);~ i IU I ~ '\ (i) (1) ! !> ~ -.',. ~ ~ ~~;(l&).'~. : ~ I a> ~. - SlWIlW --- -,~ ~'l I ~ f(i)~J3 n.; .. .. ,.. .. I ... .~~""L~:~. :"... @ @ I Iii 1 i~~ i I ~ J ~ f i ~ t'I' <f 'if li'it ~l'- [I ; tCi>~' -I.. ~ : I ~ 13 <i>Bj~ai> ~: @tl: . ~@.., . t -:.. @ j 1I\lI"I~'~,(J) . @to E s ....~ '"'il I, I@ .~B I ~. I ~e\, I@ II I 8 II ~(1) 1 t @to i; , --.~ .11 ;)(: 'lii\'; ~ WL' ~a. It'lli. (ilt, - ._] ,: ~,!@.'tlt>~ \II. M oe l@!:! .! i ~I @ I .1(1) , €Ja. .e ~ t(i)r;~,~ .. -III" I, I@ I ~ @fI ~ . .- ~\ar ~ (1)11 t> 1> ' II@! ~J ~R, II!!!! !!! iI (t!! ~ -*. ,~ ..e. ; II !j <1>1 , It II! I! I:: J! .." I Ilml t <<I .... I.~ ~ e ~ (P) f)' ~ '-- 3. <1>,-;; ~ -- - - - - .. - (it ~~'...J --lIf. IJMl ''''~IY .J , ~, ~"'i'1 i ... $ ~ i @ if @.' "~.Ii) .... fIJ, . t I I _J. . · . , ! '.' ~ ~.. ___~3~' --t-- I~ .' ~,' _... _ DtnW i~' , HOSOWHOIll'-- o II .. ~ -Ill i~ !e ... N' .- .. . II) ~.: ~.. ~a: iIf ~ Ii!!! It"': ;rJlii ~' .::t~ Cilia !! =~= ttforJ ~~~ Sa2 ..i IIJ .