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HomeMy WebLinkAboutAGENDA REPORT 2004 0602 CC REG ITEM 08E4 ITEM f • E. G -A -aoo� MOORPARK CITY COUNCIL o2aoya�a AGENDA REPORT _ TO: The Honorable City Council FROM: Kenneth C. Gilbert, Director of Public Works DATE: May 19, 2004 (CC Meeting 6 -2 -04) SUBJECT: Consider Final Review and Changes to the Engineer's Report for Landscaping and Lighting Maintenance Assessment Districts, Adoption of a Resolution Confirming the Assessments for Fiscal Year 2004/2005 SUMMARY This presents for approval a Resolution [Ex. 1] making changes, if any, to the Engineer's Report for the City's Landscaping and Lighting Maintenance Assessment Districts and confirming the assessment and levy amounts for Fiscal Year 2004/05. BACKGROUND On February 18, 2004, the City Council adopted Resolution No. 2004 -2166 directing the preparation of an Engineer's Report for the City's Landscaping and Lighting Maintenance Assessment Districts for FY 04/05. On May 5, 2004, the City Council adopted Resolution No. 2004 -2189 approving that report and setting June 2, 2004, as the date of a public hearing to consider the approval of the assessment and levy amounts provided for in said report. DISCUSSION A. History In 1984, a Landscaping & Lighting Maintenance Assessment District (AD 84 -2) was created to fund costs associated with Citywide street lighting and landscape maintenance. This was a successor to the District enacted by the County of Ventura prior to the incorporation of the City. In 2001, three (3) new Landscaping & Lighting Maintenance Assessment Districts (AD01- 1, AD01 -2 & AD01 -3) were formed at the request of the owner / developer of the affected properties. AD-04-05—approve 000099 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 2 B. Citywide Lighting & Landscaping Assessment District assessment upon all lighting energy and assessment to fund landscaped parkways, C. Sub - Districts AD84 -2 provides for the levy of an of the parcels in the City, to fund street maintenance costs. There is also a separate maintenance costs for certain designated medians and drainage improvements. In addition, a number of Sub - Districts have been established to levy additional assessments upon the lots within those areas, to fund the maintenance and improvement of certain designated improvements within or adjacent to those areas. D. Annual Review As part of the annual budget process, the City Council considers whether or not to renew the subject Assessment Districts and levy assessments for the upcoming fiscal year. In preparation for that consideration, it is necessary to prepare an Engineer's Report setting forth certain relevant information pertaining to such an action. On February 4, 2004, the City Council adopted Resolution No. 2004 -2166 directing the preparation of that Engineer's Report. E. Engineer's Report / Content / Changes The FY 04/05 Engineer's Report for the subject Assessment District has been distributed to the City Council and key staff members by separate Memo prior to the May 5 action approving said report. Copies of this report may be obtained from the City Clerk's Department. The Engineer's Report sets forth certain relevant information, including the following: • a Boundary Map(s); • the reason for the assessments; • the duration of the assessments; • the method of assessments; • the amount of the annual assessments; • information regarding cost of living adjustments; • information pertaining to reductions to the amounts levied in order to keep assessment fund reserve balances within certain prescribed limits; and • a description of improvements to be maintained. There are no changes proposed by staff, to be made to that Engineer's Report. AD-04-05—approve 0 0 0 1 0 0 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 3 F. Improvements to be Maintained The improvements and maintenance funded by the Assessment Districts is generally described as follows: • Citywide District: a. Street Lighting: Street lighting energy and maintenance costs. b. Landscape Maintenance: The maintenance of certain designated parkways and medians. c. Sub- Districts: 1 Pecan Avenue [T -2851] 2 Steeple Hill Area [T -2865] * ** 3 Buttercreek /Peppermill [T -3032] 4 Williams Ranch Rd [T -3274] 5 Pheasant Run Area [T -3019 & T -3525] * ** 6 Inglewood St. [T -3306] 7 Moorpark Business Park (L. A. Ave & Gabbert) 8 Home Acres Buffer 9 Moorpark Industrial Park (Condor Drive) 10 Mountain Meadows (PC -3) * ** 11 Alyssas Ct. [T -4174] 12 Carlsberg Specific Plan Area 13 Unassigned 14 Wilshire Builders [T -5201] (formerly AD01 -1) 15 Toll Brothers [T -4928] (formerly AD01 -3) 16 Cabrillo [T -5161] (formerly AD01 -3) * ** * ** Landscape and Drainage Maintenance G. Method of Assessment The method used to establish the assessment amounts is set forth in the Engineer's Report. This method (benefit spread formula, etc.) is unchanged from prior years. H. FY 2004/05 Assessment Amounts The assessment amounts proposed for FY04 /05 are set forth in Exhibit 1. I. Cost of Living Adjustment Pursuant to language set forth in the formation documents for Zone 12 and Districts 14, 15 and 16, the annual assessments for these Zones /Districts may be increased annually to cover cost - of- living increases. The assessment amounts set forth in AD-04-05—approve 000101 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 4 Exhibit 1 include these COLA Adjustments. Those adjusted assessment amounts are summarized as follows: Zone /District 12 - Residential 12 - Commercial 12 - Institutional 14 15 16 FY 03/04 C.O. L.A. FY 04/05 Per Unit [Ac.] Adjustment Per Unit [Ac.] Assessment AmountAssessment Amount [1.8 %] Amount $424.07 $7.63 $431.70 $153.54 $2.74 $156.28 $1,382.26 $24.86 $1,407.12 $124.94 $2.22 $127.16 $1,506.30 $27.10 $1,533.40 $363.90 $6.54 $370.44 J. Improvement Reserve Ceiling Total FY 04/05 Assessment $231,391.20 $11,495.96 $5,403.34 $248,290.50 $1,271.60 $496,821.60 $21,855.96 The Engineer's Report provides for a Capital Reserve Account for each District. Consistent with past City Council action, the Engineer's Report stipulates that Capital Reserve Account for any Zone /District should not exceed an amount equal to three (3) times the annual operating budget for that Zone /District. Should the projected Year -End Fund Balance for any Zone /District exceed that "ceiling ", the amount of the assessment shall remain unchanged; but the amount of the assessment to be levied upon the affected properties shall be reduced to a lesser amount determined by the Assessment Engineer to be consistent with these guidelines. K. Decreased Levy Amounts Pursuant to the above policy, the amounts to be levied upon the parcels in certain Zones /Districts shall be less than the assessment amount set forth in Exhibit 1. A summary of those adjustments is as follows: FY04 /05 Three Years Zone/ Beginning Annual District Balance Expenses 1 $22,140 $12,630 11 $6,379 $2,550 12 $548,102 $336,000 15 $1,432,250 $600,000 16 $54,069 $52,500 Total Total Assessment Levy Amount Amount $9,702.00 $970.00 $3,040.00 $304.00 $248,290.00 $24,829.00 $496,822.00 $49,682.00 $21,856.00 $14,931.00 Remarks 10% of Assessment 10% of Assessment 10% of Assessment 10% of Assessment 68% of Assessment AD-04-05—approve 000102 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 5 L. Assessment Amounts Unchanaed Except as noted in Sections I & K above, the per lot (per acre) assessment amounts set forth in the Engineer's Report (and in Exhibit 1) are the same as those levied last year. Any action to otherwise increase these assessments may not be taken without first seeking approval of such an increase via a mail ballot prepared and processed in accordance with the requirements of Proposition 218. M. Fund Activit Attached as Exhibit 2 are charts showing fund activity for all Zones /Districts for FY01 /02 through FY04 /05. Page 5 of that exhibit shows certain details with respect to the Reserve Fund Ceilings and the Assessment vs. Levy amounts for FY04 /05. N. FY 03/04 Fund Deficits As reflected on Page 3 FY 03/04 Year -End Fund again show a deficit. is as follows: of Exhibit 2, it is anticipated that the Balance for certain Zones /Districts will A summary of those anticipated deficits Consistent with prior year practices, it is the intent of staff to present a report to the City Council in November of 2004, recommending approval of certain fund transfers to "zero -out" the projected FY 03/04 deficits noted above. That action will be deferred to November so that it will be based upon actual year -end fund balances. Using the above estimates, that action would be as follows: Transfer to: Fund 2300 - Lighting 2305 - Dist. 5 2307 - Dist. 7 2309 - Dist. 9 From Gas Tax Fund 2605 $21,865.00 $2,349.00 $101.00 $202.00 Total $24,517.00 From General Fund Total Fund 1000 Transfer Amt. $0.00 FY03 /04 $2,349.00 $4,698.00 FY03 /04 Fund Begin Bal. Revenue Expenses Ending Bal. 2300 - Lighting ($69,773) $291,908 $244,000 ($21,865) 2305 - Dist. 5 $746 $23,756 $29,200 ($4,698) 2307 - Dist. 7 ($1,793) $13,591 $12,000 ($202) 2309 - Dist. 9 ($370) $1,720 $1,754 ($404) Total ($71,190) $330,975 $286,954 ($27,169) Consistent with prior year practices, it is the intent of staff to present a report to the City Council in November of 2004, recommending approval of certain fund transfers to "zero -out" the projected FY 03/04 deficits noted above. That action will be deferred to November so that it will be based upon actual year -end fund balances. Using the above estimates, that action would be as follows: Transfer to: Fund 2300 - Lighting 2305 - Dist. 5 2307 - Dist. 7 2309 - Dist. 9 From Gas Tax Fund 2605 $21,865.00 $2,349.00 $101.00 $202.00 Total $24,517.00 From General Fund Total Fund 1000 Transfer Amt. $0.00 $21,865.00 $2,349.00 $4,698.00 $101.00 $202.00 $202.00 $404.00 $2,652.00 $27,169.00 AD-04-05—approve 0 0 0 10 3 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 6 0. FY 04/05 Fund Deficits As reflected on Page 4 of Exhibit 2, it is anticipated that the FY 04/05 Year -End Fund Balance for certain Zones /Districts will once more show a deficit. A summary of those anticipated deficits is as follows: a'[eIIL1b7 Fund Begin Bal. 2300 - Lighting ($21,865.00) 2300 - Landscaping $6,245.00 2305 - Dist. 5 (L /S only) ($4,698.00) 2307 - Dist. 7 ($202.00) 2309 - Dist. 9 ($404.00) Total ($20,924.00) Based on the above estimates, a deficit correcting fund transfer in November 2005 would be as follows: FY 04/05 From FY 04/05 Revenue Expenses Ending Bal. $247,989.00 $260,000.00 ($33,876.00) $168,893.00 $220,000.00 ($44,862.00) $28,038.00 $31,000.00 ($7,660.00) $11,500.00 $15,000.00 ($3,702.00) $1,760.00 $2,300.00 ($944.00) $458,180.00 $528,300.00 ($91,044.00) Based on the above estimates, a deficit correcting fund transfer in November 2005 would be as follows: FY 04/05 From From Transfer to: Gas Tax General Fund Total Fund Fund 2605 Fund 1000 Transfer Amt. 2300 - Lighting $33,876.00 $0.00 $33,876.00 2300 - Landscaping $44,862.00 $0.00 $44,862.00 2305 - Dist. 5 (L /S Only) $3,830.00 $3,830.00 $7,660.00 2307 - Dist. 7 $1,851.00 $1,851.00 $3,702.00 2309 - Dist. 9 $472.00 $472.00 $944.00 Total $84,891.00 $6,153.00 $91,044.00 P. Public Heari The "Landscaping and Lighting Act of 1972" (Streets and Highways Code) requires a public hearing to be held prior to the annual levy of assessments for the purpose of receiving input and to hear any protests to the proposed assessments. Per Resolution No. 2004 -2189, the public hearing to consider the levy of the subject assessments for FY 2004/05 was set for June 2, 2004. A copy of that Resolution, which served as the public hearing notice, was published and posted in accordance with the requirements of law. Q. Resolution Approving Assessments Attached as Exhibit 3 is a Resolution confirming and ordering the levy of the assessments for the Landscaping and Lighting Assessment Districts for Fiscal Year 2004/05. AD-04-05—approve 000104 Citywide Landscaping & Lighting Assessment Districts Confirm Assessments May 19, 2003 Page 7 STAFF RECOMMENDATION (Roll Call Vote It is the recommendation of staff that the City Council open the public hearing, receive testimony, close the public hearing, and then take the following actions: 1. Adopt Resolution No. 2004- (Exhibit 3) making certain changes to and confirming the assessments for Fiscal Year 2004/05. 2. Direct staff that, for certain Zones / Districts, the amount of the assessment to be levied upon the affected properties shall be a reduced amount as generally set forth in Section K of this report. 3. Direct staff to present to the City Council in November, 2004, a Resolution amending the FY 04/05 Budget to fund certain Fund transfers necessary to eliminate actual FY 03/04 year -end Fund deficits for the Assessment District Funds. Attachments: Exhibit 1: Exhibit 2: Exhibit 3: Summary of Assessment Amounts Fund Activity Charts Resolution AD-04-05—approve 000:105 Exhibit 1: Summary of Assessment Amounts Note: In accordance with the recommended action, for some Zones or Sub - Districts, the amounts levied are less than the full assessment amounts noted above. 000106 Total Per Lot Assessment Assessment Landscape Maintenance US & Drainage Maint. Description Amount ($) Number Amount ($) Number Amount ($) Citywide Streeet Lighting 226,124.00 20.84 Landscaping 168,893.00 17.24 Sub -Total 395,017.00 38.08 1. Tract 2851 9,702.00 75 129.36 2. Tract 2865 Landscaping 66,848.04 574 116.46 Drainage 6,990.72 48 145.64 73,838.76 3. Tract 3032 3,079.30 265 11.62 4. Tract 3274 6,382.92 129 49.48 5. T 3019/3525 Landscaping 15,273.52 142 107.56 Drainage 8,566.50 75 114.22 23, 840.02 6. Tract 3306 924.00 22 42.00 7. NE L. A. Ave / Gabbert Rd 11,297.78 91.74 ac 123.15 ac 8. Buffer: City 7,669.20 498 15.40 Buffer: Home Acres 7,573.68 201 37.68 9. Condor Drive 1,356.14 49.44 ac 27.43 ac 10. PC -3: US - Comm. Prop. 7,216.06 11.23 ac 642.57 ac US - Residential 135,858.50 1,775 76.54 Drainage 58,457.22 669 87.38 201, 531.78 11. Tract 4174 3,040.02 9 337.78 12. Carlsberg - Residential 231,391.20 536 431.70 Com. / Ind. 11,495.96 73.56 ac 156.28 Institutional 5,403.34 3.84 ac 1,407.12 248,290.50 13. Unassigned 14. Tract 5201 (Wilshire) 1,271.60 10 127.16 15. Tract 4928 (Toll): Res. 331,214.40 216 1,533.40 Golf Course [33 %] 165,607.20 108 1,533.40 496,821.60 16. T 5161 Landscaping 14,221.00 Drainage 7,635.00 21, 855.96 59 370.44 Total 1,513,492.26 Note: In accordance with the recommended action, for some Zones or Sub - Districts, the amounts levied are less than the full assessment amounts noted above. 000106 Landscape /Lighting Assessment Districts Fund Activity: FY01 /02 �qx Page 1 of 5 [File: adfunds] 5/11/2004 Rev. Beginning Fund Description Balance 2300 Lighting (11,076) Ending Landscaping 126,519 Misc Interest 115,443 2301 Zone 1 9,499 2302 Zone 2: US 67,540 (24,284) Zone 2: Drains 3,381 3100 216,766 > 40,000 Zone 2: Improvements 33,472 144,347 104,393 2303 Zone 3 1,724 2304 Zone 4 (689) 2305 Zone 5: US (13,596) (24,284) Zone 5: Drains 1,473 3102 9,719 (12,123) 2306 Zone 6 1,202 2307 Zone 7 (260) 2308 Zone 8 8,110 2309 Zone 9 (7) 2310 Zone 10: US 101,456 (83,426) Zone 10: Drains 18,052 1,403 119,508 2311 Zone 11 4,874 2312 Zone 12 165,339 2313 Zone 13 5,752 Sub -Total AD 84 -2 522,765 2314 AD01 -1 Wilshire Builder: (450) 2315 AD01 -2 Toll Bros 1,259 2316 AD01 -3 Cabrillo: US 1,412 8019 AD01 -3 Cabrillo: Drains (4,827) ® (4,827) 1,412 O (88,185) (4,827) C) 102,647 3102 �& Total 524,986 �qx Page 1 of 5 [File: adfunds] 5/11/2004 Rev. Total Exp. Total Available Less Ending Code Assmnt Misc Interest Revenue Code Expenses Less Expenses Reserve Balance 256,766 (24,284) (24,284) 3100 216,766 > 40,000 8901 269,974 3102 144,347 8,654 153,001 7901 173,616 105,904 (105,904) 0 409,767 81,620 (105,904) (24,284) 361,113 40,000 8,654 443,590 3102 9,719 476 10,195 7901 3,350 16,344 (16,344) 0 3102 70,216 (2,678) 3,763 71,301 7901 55,415 83,426 (83,426) 0 3103 1,403 1,403 8902 25 4,759 (4,759) 0 0 0 3101 6,230 2,678 8,908 8019 47,207 (4,827) (4,827) 81,612 83,358 (88,185) (4,827) 77,849 0 3,763 102,647 3102 3,084 67 3,151 7901 2,876 1,999 (1,999) 0 3102 6,394 12 6,406 7901 5,752 (35) (35) 3102 23,382 > 30,000 53,382 7901 34,010 5,776 (5,776) 0 3103 501 501 8902 234 1,740 (1,740) 0 53,883 7,516 (7,516) 0 23,883 30,000 0 34,244 3102 925 175 1,100 7901 1,214 1,088 (1,088) 0 3102 11,318 > 3,100 24 14,442 7901 14,311 (129) (129) 3102 15,270 373 15,643 7901 12,270 11,483 (11,483) 0 3102 1,352 > 1,000 4 2,356 7901 1,916 433 (433) 0 3102 194,624 5,248 199,872 7901 206,266 95,062 (95,062) 0 3103 7,265 7,265 8902 1,300 24,017 (24,017) 0 207,137 119,079 (119,079) 0 201,532 0 5,248 207,566 3102 3,041 215 3,256 7901 1,118 7,012 (7,012) 0 3102 238,870 8,702 247,572 7901 101,722 311,189 (311,189) 0 3102 (4,517) 204 (4,313) 7901 1,439 0 0 1,052,207 640,957 (670,232) (29,275) 954,350 69,583 27,917 934,015 3102 1,180 1,180 7901 427 303 (303) 0 3102 460,948 45 460,993 7901 0 462,252 (462,252) 0 3102 2,859 52 2,911 7901 0 4,323 (4,323) 0 3103 7,500 7,500 8902 0 7,500 (7,500) 0 10,411 11,823 (11,823) 0 10,359 0 52 0 1,524,791 1,115,335 (1,144,610) (29,275) 1,426,837 69,583 28,014 934,442 > Transfer June 2002 Landscape /Lighting Assessment Districts Fund Activity: FY02 /03 2311 Zone 11 Beginning Fund Description Balance 2300 Lighting (24,284) Zone 13 Improvements 7,315 3100 Landscaping 98,589 640,957 2314 81,620 2301 Zone 1 16,344 2302 Zone 2: US 83,426 2316 Zone 2: Drains 4,759 4,323 Zone 2: Improvements (4,827) 1,156 7,500 83,358 2303 Zone 3 1,999 2304 Zone 4 (35) 9,502 7901 0 2305 Zone 5: US 5,776 1,410 Zone 5: Drains 1,740 5,955 (5,955) 7,516 2306 Zone 6 1,088 2307 Zone 7 (129) 2308 Zone 8 11,483 2309 Zone 9 433 2310 Zone 10: US 95,062 6,508 Zone 10: Drains 24,017 2,004 (2,004) 119.079 2311 Zone 11 Revenue 7,012 2312 Zone 12 3103 311,189 2313 Zone 13 Misc 0 3100 Sub -Total AD 84 -2 24,284 640,957 2314 AD01 -1 Wilshire Builder. 720 303 2315 AD01 -2 Toll Bros 25,004 462,252 2316 AD01 -3 Cabrillo: US 1 4,323 3102 AD01 -3 Cabrillo: Drains 1,156 7,500 Q 1,410 3102 11,823 O 6,276 A> (1,156) 9,502 7901 74,381 0 2,264 CTotal 1,410 8902 1,115,335 5,955 (5,955) 0 5,120 8019 A: Surplus to go to US 0 0 B: Thirteen months 105,722 (105,722) 0 3102 3,102 Revenue 6,430 > Rev. 23,511 > 3103 504 Code Assmnt Misc Interest 3100 219,176 > 24,284 15,355 3102 151,631 720 3,460 3103 370,807 25,004 3,460 3102 9,773 3102 450 3102 66,695 1,156 2,264 3103 1,410 3102 468,018 3101 6,276 A> (1,156) 9,502 7901 74,381 0 2,264 3102 3,102 3102 6,430 > 3102 23,511 > 3103 504 Expenses 24,015 3102 931 3102 11,456 > 3102 15,355 3102 1,360 > 3102 195,706 3103 7,305 (7,315) 203,011 3102 306 < 3102 241,016 3102 0 399,271 961,943 3102 1,203 3102 468,018 3102 13,321 3103 9,502 7901 22,823 36 (5,776) (5,776) 158 130 (434) 732 62 42 427 427 28 61 319 19 2,954 732 2,954 160 8,723 19,850 18,969 11 5,939 245 0 0 245 Page 2 of 5 [File: adfunds] 5/11/2004 Total Exp. Total Available Less Ending Revenue Code Expenses Less Expenses Reserve Balance 243,460 8901 288,949 B (69,773) (69,773) 8033 7,315 (7,315) 0 155,811 7901 191,316 480,265 63,084 (63,084) 0 399,271 626 (70,399) (69,773) 10,223 7901 3,717 22,850 (22,850) 0 70,115 7901 53,774 99,767 (99,767) 0 1,410 8902 214 5,955 (5,955) 0 5,120 8019 293 54,281 0 0 76,645 105,722 (105,722) 0 3,164 7901 2,649 2,514 (2,514) 0 6,508 7901 4,469 2,004 (2,004) 0 18,162 7901 23,192 746 (746) 0 504 8902 214 23,406 2,030 (2,030) 0 18,666 2,776 (2,776) 0 1,117 7901 1,161 1,044 (1,044) 0 11,647 7901 13,311 (1,793) (1,793) 15,674 7901 11,873 15,284 (15,284) 0 945 7901 1,748 (370) (370) 199,392 7901 234,848 59,606 (59,606) 0 7,305 8902 3,966 238,814 27,356 (27,356) 0 206,697 86,962 (86,962) 0 466 7901 791 6,687 (6,687) 0 249,739 7901 108,620 452,308 (452,308) 0 0 7901 0 945,105 0 0 1,000,762 696,614 (768,550) (71,936) 1,214 7901 0 1,517 (1,517) 0 473,957 7901 0 936,209 (936,209) 0 13,566 7901 0 17,889 (17,889) 0 9,502 8902 0 0 17,002 (17,002) 0 23,068 34,891 (34,891) 0 1,453,987 19,850 25,164 I 1,499,001 > Transfer Nov: < Levy Amount Less Than Assessment Amount 945,105 I 1,669,231 (1,741,167) I (71,936) Transfer Nov 2003 Landscape /Lighting Assessment Districts Fund Activity: FY03 /04 Beginning Fund Description Balance 2300 Lighting (69,773) 2308 Improvements 7,315 2309 Landscaping 63,084 2310 Zone 10: US 626 2301 Zone 1 22,850 2302 Zone 2: US 99,767 2311 Zone 2: Drains 5,955 2312 Zone 2: Improvements 0 2313 Zone 13 105,722 2303 Zone 3 2,514 2304 Zone 4 2,004 2305 Zone 5: US 746 2316 Zone 5: Drains 2,030 3102 Z -16: Cabrillo: Drains 2.776 2306 Zone 6 1,044 2307 Zone 7 (1,793) 2308 Zone 8 15,284 2309 Zone 9 (370) 2310 Zone 10: US 59,606 73,839 Zone 10: Drains 27,356 3102 6,383 86,962 2311 Zone 11 6,687 2312 Zone 12 452,308 2313 Zone 13 0 3102 Sub -Total AD 84 -2 696,614 2314 Z -14: Wilshire Builders 1,517 2315 Z -15: Toll Bros 936,209 2316 Z -16: Cabrillo: US 17,889 3102 Z -16: Cabrillo: Drains 17,002 0 34,891 C 1,249 3102 488,041 3102 13,970 0 Total 1,669,231 21,470 0 58,958 129,739 Rev. Code Assmnt 3100 222,135 > 3102 165,857 387,992 3102 970 < 3102 72,439 3103 1,400 3101 0 (21,865) 73,839 3102 3,079 3102 6,383 3102 23,340 3103 500 7901 23,840 3102 924 3102 11,298 > 3102 15,243 3102 1,350 > 3102 194,280 3103 7,252 22,140 201,532 3102 304 < 3102 197,330 < 3102 (122,702) 924,084 3102 1,249 3102 488,041 3102 13,970 3103 7,500 0 21,470 Misc Interest 69,773 5,304 69,773 5,304 520 2,496 0 2,496 104 200 416 0 416 0 1,793 500 416 370 4,056 0 4,056 208 9,464 71,936 23,684 8,000 208 0 208 Total Revenue 291,908 171,161 463,069 1,490 74,935 1,400 0 76,335 3,183 6,583 23,756 500 24,256 924 13,591 15,659 1,720 198,336 7,252 205,588 512 206,794 0 1,019,704 1,249 496,041 14,178 7,500 21,678 Page 3 of 5 [File: adfunds] 5/11/2004 Exp. Total Available Less Ending Code Expenses Less Expenses Reserve Balance 8901 244,000 (21,865) (21,865) 7,315 0 0 7901 228,000 6,245 (6,245) 0 479,315 (15,620) (6,245) (21,865) 7901 2,200 22,140 (22,140) 0 7901 52,000 122,702 (122,702) 0 8902 318 7,037 (7,037) 0 8019 0 0 0 58,958 129,739 (129,739) 0 7901 2,450 3,247 (3,247) 0 7901 5,000 3,587 (3,587) 0 7901 29,200 (4,698) (4,698) 8902 318 2,212 (2,212) 0 29,518 (2,486) (2,212) (4,698) 7901 1,200 768 (768) 0 7901 12,000 (202) (202) 7901 17,000 13,943 (13,943) 0 7901 1,754 (404) (404) 7901 220,000 37,942 (37,942) 0 8902 3,813 30,795 (30,795) 0 223,813 68,737 (68,737) 0 7901 820 6,379 (6,379) 0 7901 111,000 548,102 (548,102) 0 7901 0 0 0 945,028 777,930 (805,099) (27,169) 7901 800 1,966 (1,966) 0 7901 0 1,432,250 (1,432,250) 0 7901 500 31,567 (31,567) 0 8902 2,000 22,502 (22,502) 0 2,500 54,069 (54,069) 0 1,434,844 > 71,936 31,892 ( 1,538,672 > Transfer Nov 2003 < Levy Amount Less Than Assessment Amount 948,328 I 2,266,215 (2,293,384) I (27,169) Est Transfer Needed in Nov 2004 Landscape /Lighting Page 4 of 5 Assessment Districts [File: adfunds] Fund Activity: FY04 /05 5/11/2004 Revenue Beginning Rev. Total Exp. Total Available Less Ending Fund Description Balance Code Assmnt Misc Interest Revenue Code Expenses Less Expenses Reserve Balance 247,989 8901 260,000 (33,876) (33,876) 2300 Lighting (21,865) 3100 226,124 > 21,865 Improvements 0 0 0 Landscaping 6,245 3102 168,893 168,893 7901 220,000 (44,862) (44,862) 416,882 (78,738) 0 (78,738) (15,620) 395,017 21,865 0 480,000 2301 Dist 1: T -2851 22,140 3102 970 < 500 1,470 7901 4,210 19,400 (19,400) 0 2302 Dist 2: US [T2865] 122,702 3102 72,439 3,000 75,439 7901 54,000 144,141 (144,141) 0 Dist 2: Drains 7,037 3103 1,400 1,400 8902 258 8,179 (8,179) 0 76,839 152,320 (152,320) 0 129,739 73,839 0 3,000 60,000 2303 Dist 3: T -3032 3,247 3102 3,079 100 3,179 7901 2,500 3,926 (3,926) 0 2304 Dist 4:T -3274 3,587 3102 6,383 6,383 7901 5,200 4,770 (4,770) 0 2305 Dist 5: US [T3019 & 352 (4,698) 3102 23,340 > 4,698 28,038 7901 31,000 (7,660) (7,660) Dist 5: Drains 2,212 3103 500 500 8902 272 2,440 (2,440) 0 28,538 (5,220) (2,440) (7,660) (2,486) 23,840 4,698 0 31,272 2306 Dist 6:T -3306 768 3102 924 132 1,056 7901 1,320 504 (504) 0 2307 Dist 7: NE LA & Gabbert (202) 3102 11,298 > 202 11,500 7901 15,000 (3,702) (3,702) 2308 Dist 8: Buffer 13,943 3102 15,243 100 15,343 7901 20,000 9,286 (9,286) 0 2309 Dist 9: Condor (404) 3102 1,356 > 404 1,760 7901 2,300 (944) (944) 2310 Dist 10: PC -3: US 37,942 3102 194,280 600 194,880 7901 222,000 10,822 (10,822) 0 Dist 10: Drains 30,795 3103 7,252 7,252 8902 3,261 34,786 (34,786) 0 68,737 201,532 0 600 202,132 225,261 45,608 (45,608) 0 2311 Dist 11: T4174 6,379 3102 304 < 300 604 7901 850 6,133 (6,133) 0 2312 Dist 12: Calrsberg 548,102 3102 24,829 < 18,000 42,829 7901 112,000 478,931 (478,931) 0 2313 Dist 13: Unassigned 0 3102 0 7901 0 0 0 808,515 632,274 (723,318) (91,044) Sub -Total AD 84 -2 777,930 758,614 27,169 22,732 959,913 2314 Dist 14: T -5201 [Wilshire 1,966 3102 1,272 1,272 7901 1,200 2,038 (2,038) 0 2315 Dist 15: T4928 [Toll] I 1,432,250 3102 49,682 < 30,000 79,682 7901 200,000 1,311,932 (1,311,932) 0 2316 D -16: T -5161 [Cabrillo] L 31,567 3102 7,433 < 1,000 8,433 7901 10,000 30,000 (30,000) 0 Dist 16: Drains 22,502 3103 7,498 7,498 8902 7,500 22,500 (22,500) 0 I 54,069 14,931 0 1,000 15,931 17,500 52,500 (52,500) 0 2317 D-17: T-5307 [Flory] US 0 3102 14,511 100 14,611 7901 0 14,611 (14,611) 0 2317 Dist 17: Drains 0 3103 4,985 30 5,015 8902 0 5,015 (5,015) 0 19,626 19,626 (19,626) 0 C 0 19,496 0 0 925,026 Assessment Amount 1,998,744 (2,109,414) (91,044) Est Transfer Nov 2005 0 Total 2,266,215 843,995 27,169 53,732 > Est. Transfer November 2004 < Levy Amount Less Than 1,178,613 Landscape /Lighting Assessment Districts Fund Activity: FY04 /05 Adjusted Assessment Calculation Fund Description 2300 Lighting FY 04/05 Amount of Amount Year -End Beginning Projected Fund CAP Projected Balance Assessment Levy Balance Expenses [Est 3 Yr Costs] Exceeds CAP ** Amount Amount I Remarks Page 5 of 5 [File: adfunds] 5/11/2004 15,502 Improvements 0 970 < Ten Percent of Assessment Amount 0 Landscaping 6,245 72,439 0 (15,620) 1,400 2301 Dist 1: T -2851 22,140 4,210 12,630 2302 Dist 2: US [T2865] 122,702 54,000 162,000 0 Dist 2: Drains 7,037 258 774 0 129,739 54,258 162,774 2303 Dist 3: T -3032 3,247 2,500 7,500 2304 Dist 4: T -3274 3,587 5,200 15,600 2305 Dist 5: US [T3019 & 3: (4,698) 31,000 93,000 0 Dist 5: Drains 2,212 272 816 0 (2,486) 31,272 93,816 2306 Dist 6: T -3306 768 1,320 3,960 2307 Dist 7: NE LA & Gabb( (202) 15,000 45,000 2308 Dist 8: Buffer 13,943 20,000 60,000 2309 Dist 9: Condor (404) 2,300 6,900 2310 Dist 10: PC -3: US 37,942 222,000 666,000 6,319 Dist 10: Drains 30,795 3,261 Ten Percent of Assessment Ammount 225,261 666,000 68,737 2311 Dist 11: T 4174 6,379 850 2,550 2312 Dist 12: Calrsberg 548,102 112,000 336,000 2313 Dist 13: Unassigned 0 0 0 49,682 < Sub -Total AD 84 -2 6,788 14,221 2314 Dist 14: T -5201 [Wilsh 1,966 1,200 3,600 2315 Dist 15: T4928 [Toll] 1 1,432,250 200,000 600,000 2316 D -16: T -5161 [Cabrillo' 31,567 10,000 30,000 14,511 Dist 16: Drains ( 22,502 7,500 22,500 17,500 52,500 54,069 2316 D -17: T -5307 [Flory] Li 0 14,000 42,000 Dist 17: Drains 0 4,985 14,955 Q 0 18,985 56,955 O Page 5 of 5 [File: adfunds] 5/11/2004 15,502 9,702 970 < Ten Percent of Assessment Amount 0 72,439 72,439 0 1,400 1,400 0 73,839 73,839 0 3,079 3,079 0 6,383 6,383 0 23,340 23,340 0 500 500 0 23,840 23,840 0 924 924 0 11,298 11,298 0 15,243 15,243 0 1,356 1,356 0 0 194,280 194,280 0 7,252 7,252 0 201,532 201,532 6,319 3,040 304 < Ten Percent of Assessment Ammount 366,392 248,290 24,829 < Ten Percent of Assessment Ammount 0 0 1,272 1,272 1,159,072 496,822 49,682 < Ten Percent of Assessment Ammount 6,788 14,221 7,433 < 137 7,635 7,498 6,925 21,856 14,931 < 68 %: Assmnt. Adj. to Not Exceed Fund Max. 0 14,511 14,511 0 4,985 4,985 0 19,496 19,496 ** [Begining Balance + Assessment + Interest - Expenses] ) Less Maximum Fund Amount Exhibit 3 RESOLUTION NO. 2004- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING ENGINEER'S REPORT, CONFIRMING DIAGRAM AND ASSESSMENT AND ORDERING LEVY OF ASSESSMENT FOR FISCAL YEAR 2004/05 FOR THE CITY OF MOORPARK LANDSCAPING AND LIGHTING MAINTENANCE ASSESSMENT DISTRICTS WHEREAS, by Resolution No. 2004 -2166, the City Council ordered the preparation of an Engineer's Report for the City's Landscaping and Lighting Maintenance Assessment Districts (the "Assessment Districts ") for fiscal year 2004- 05; and WHEREAS, pursuant to said Resolution, the Engineer's Report ( "Report ") was prepared by Shilts Consultants, Inc., Engineer of Work, in accordance with Section 22565, et. seq., of the Streets and Highways Code and Article XIIID of the California Constitution; and WHEREAS, by Resolution No. 2004 -2189 the City Council preliminarily approved the Engineer's Report for said Districts and set a date for a Public Hearing; and WHEREAS, said report was duly made and filed with the City Clerk and duly considered by this Council and found to be sufficient in every particular, whereupon it was determined that the report should stand as the Engineer's Report for all subsequent proceedings under and pursuant to the aforesaid resolution, and that June 2, 2004, at the hour of 7:00 p.m. in the Council Chambers, located at 799 Moorpark Avenue, Moorpark, California 93021, were appointed as the time and place for a hearing by this Council on the question of the levy of the proposed assessment, notice of which hearing was given as required by law; and WHEREAS, at the appointed time and place the hearing was duly and regularly held, and all persons interested and desiring to be heard were given an opportunity to be heard, and all matters and things pertaining to the levy were fully heard and considered by the Council, and all oral statements and all written protests or communications were duly heard, considered and overruled, and this Council thereby acquired jurisdiction to order the levy and the confirmation of the diagram and assessment prepared by and made a part of the Engineer's Report to pay the costs and expenses thereof. 000112 Resolution No. 2004 - Page 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The public interest, convenience and necessity require that the levy be made. SECTION 2. The Assessment Districts benefited by the improvements and assessed to pay the costs and expenses thereof, and the exterior boundaries thereof, are as shown by a map thereof filed in the office of the City Clerk, which map is made a part hereof by reference thereto. SECTION 3. The Engineer's Report as a whole and each part thereof, to wit: (a) the Engineer's estimate of the itemized and total costs and expenses of maintaining the improvements and of the incidental expenses in connection therewith; (b) the diagram showing the Assessment Districts, plans and specifications for the improvements to be maintained and the boundaries and dimensions of the respective lots and parcels of land within the Assessment Districts; and (c) the assessment of the total amount of the cost and expenses of the proposed maintenance of the improvements upon the several lots and parcels of land in the Assessment Districts in proportion to the estimated special benefits to be received by such lots and parcels, respectively, from the maintenance, and of the expenses incidental thereto; are finally approved and confirmed. SECTION 4. Final adoption and approval of the Engineer's Report as a whole, and of the plans and specifications, estimate of the costs and expenses, the diagram and the assessment, as contained in the report as hereinabove determined and ordered, is intended to and shall refer and apply to the report, or any portion thereof as amended, modified, or revised or corrected by, or pursuant to and in accordance with, any resolution or order, if any, heretofore duly adopted or made by this Council. SECTION 5. The assessment to pay the costs and expenses of the maintenance of the improvements for fiscal year 2004 -05 is hereby levied. For further particulars pursuant to the provisions of the Landscaping and Lighting Act of 1972, reference is hereby made to the Resolution directing preparation of Engineer's Report. 000113 Resolution No. 2004 - Page 3 SECTION 6. Based on the oral and documentary evidence, including the Engineer's Report, offered and received at the hearing, this Council expressly finds and determines (a) that each of the several lots and parcels of land will be specially benefited by the maintenance of the improvements at least in the amount, if not more than the amount, of the assessment apportioned against the lots and parcels of land, respectively, and (b) that there is substantial evidence to support, and the weight of the evidence preponderates in favor of, the aforesaid finding and determination as to special benefits. SECTION 7. Immediately upon the adoption of this resolution, but in no event later than the third Monday in August following such adoption, the City Clerk shall file a certified copy of the diagram and assessment and a certified copy of this resolution with the Auditor of the County of Ventura. Upon such filing, the County Auditor shall enter on the County assessment roll opposite each lot or parcel of land the amount of assessment thereupon as shown in the assessment. The assessments shall be collected at the same time and in the same manner as County taxes are collected and all laws providing for the collection and enforcement of County taxes shall apply to the collection and enforcement of the assessments. After collection by the County, the net amount of the assessments, after deduction of any compensation due the County for collection, shall be paid to the City of Moorpark Landscaping and Lighting Maintenance Assessment Districts. SECTION 8. Upon receipt of the moneys representing assessments collected by the County, the County shall deposit the moneys in the City Treasury to the credit of the improvement funds previously established under the distinctive designation of the Assessment Districts. Moneys in the improvement funds shall be expended only for the maintenance, servicing, construction or installation of the improvements. SECTION 9. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 2nd day of June, 2004. ATTEST: Patrick Hunter, Mayor Deborah S. Traffenstedt, City Clerk 000114