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HomeMy WebLinkAboutAGENDA REPORT 2007 0606 CC REG ITEM 10K A O. K. pity Cou"011 mooting ACTION: 00• MOORPARK CITY COUNCIL PRY: AGENDA REPORT TO: The Honorable City Council FROM: Mary K. Lindley, Parks, Recreation & Community Services Director DATE: May 1, 2007 (Meeting June 6, 2007) SUBJECT: Consider Resolution Approving the Engineer's Report for the Landscaping and Lighting Maintenance Assessment Districts for Fiscal Year 2007/2008 and Providing Notice of Public Hearing on June 20, 2007 EXECUTIVE SUMMARY The City Council is being asked to adopt the attached resolution, approving the Assessment Engineer's Report (provided under separate cover), which contains the methodology and formula for apportioning the property assessment for the City's Landscape and Lighting Maintenance Assessment Districts. Additionally, the resolution identifies the date for the Public Hearing to consider the levy of said assessment for FY 2007/08. DISCUSSION In 1984, a Landscaping and Lighting Maintenance Assessment District (AD 84-2), encompassing the entire City, was created to fund costs associated with street lighting and the maintenance of various landscaped areas in the City. This was a successor to the District enacted by the County of Ventura prior to the incorporation of the City. In subsequent years, Zones of Benefit were added to fund the maintenance of certain specific areas. Later, these Zones were changed to District 1 through District 12 (District 13 is now unassigned). Since 1984, the City has formed additional assessment districts to fund the maintenance of certain landscape improvements in and adjacent to: Honorable City Council June 6, 2007 Page 2 2001 • Tract 5201, Wilshire Builders (AD01-1, District 14) • Tract 4928, Toll Brothers (AD01-2, District 15) • Tract 5166, Cabrillo (AD01-3, District 16) 2004 • Tract 5307, Colmer Development (AD04-01, District 18) 2005 • PM 5264, M&M Development (AD05-01, District 19) 2006 Tract 5133, Shea Homes (AD06-01, District 21) 2007 • Tract 5045, Pardee Homes (AD07-01, District 22)* • Tract 5187, Lyon Homes (AD07-02, District 20)* ("In process) 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 7, 2007, the City Council adopted Resolution No. 2007-2562 directing the preparation of said Engineer's Report. Engineer's Report The FY 07/08 Engineer's Report for the subject Assessment District has been distributed to the City Council by separate memo. This 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; S:\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc 0 1219 Honorable City Council June 6, 2007 Page 3 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. Improvements to be Maintained The improvements and maintenance funded by the Assessment Districts is generally described as follows: a. Street Lighting: Street lighting energy and maintenance costs (Citywide assessment). b. Landscape Maintenance: The maintenance of certain designated parkways and medians (Citywide assessment). 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] (AD01-1) 15 Toll Brothers [T-4928] (AD01-2) 16 Cabrillo [T-5161] (AD01-3) *** 17 Unassigned 18 Colmer [T-5307] (AD04-1) *** 19 M&M [PM 5264] 20 Lyon Homes [T-5187] (AD07-02) 21 Shea Homes [T-5133] (AD06-01) 22 Pardee Homes [T-5045] (AD06-01) *** Includes Landscape and Drainage Maintenance FY 2007/08 Assessment Amounts and Adjustment 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. The assessment amounts proposed for FY07/08 are set forth in Exhibit 1. Pursuant to language set forth in the formation documents for Districts 12, 14, 15, 16, 18, and 19 the annual assessments for these Districts may be increased annually to cover cost-of-living &\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc Honorable City Council June 6, 2007 Page 4 increases. The assessment amounts set forth in Exhibit 1 include these COLA Adjustments. Those adjusted assessment amounts are summarized as follows: FY 06/07 C.0.L.A. FY 07/08 Per Unit (Ac.) Adjustment Per Unit (Ac.) Total Assessment Amount Assmnt. FY 07/08 Zone/District Amount 3.701% Amount Assessment 12 - Residential $468.86 $17.35 $486.19 $260,597.84 12 - Commercial $169.73 $6.28 $176.01 $12,945.56 12 - Institutional $1,528.27 $56.56 $1,584.77 $6,085.52 $279,628.92 14 $138.10 $5.11 $143.20 $1,432.00 15 $1,665.41 $61.64 $1,727.05 $559,563.00 16 $402.34 $14.89 $417.23 $24,615.00 18 $846.97 $31.35 $878.32 $21,957.25 19 $2,032.71 $75.23 $2,107.94 $13,216.41 21 $372.27 $28,664.79 Improvement Reserve Ceiling 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. 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: FY 07/08 Est. Ending Three Times Balance Estimated Total Total with FULL Annual Assessment Levy District Assessment Expenses Amount Amount Remarks 1 $28,826 $23,547 $9,702.00 $6,112.00 63% of Assessment 10 Drains $34,083 $15,285 $7,252.00 $725.00 10% of Assessment 15 $2,190,869 $340,485 $559,563.00 $111,913.00 20% of Assessment 16 $53,568 $24,600 $16,017.00 $8,008.00 50% of Assessment 16 Drains $36,107 $15,000 $8,598.00 $860.00 10% of Assessment S:\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc ()0 0.S u1 Honorable City Council June 6, 2007 Page 5 Assessment Amounts Unchanged The per lot (per acre) assessment amounts set forth in the Engineer's Report for Citywide Landscape and Lighting Zone/District, and Zone/Districts 1 through 11 are the same as those set 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. FY 06/07 Fund Deficits It is anticipated that the FY 06/07 Year-End Fund Balance for certain Zones/Districts will show a deficit. A summary of those anticipated deficits is as follows: FY06/07 Fund Revenue ** Expenses Ending Bal. 2300 - Lighting $237,560 $256,862 ($19,302) 2300 Landscape $175,818 $343,662 ($167,844) 2305- Dist. 5 $32,294 $38,711 ($15,512) 2307 - Dist. 7 $16,215 $15,476 ($6,253) 2309 - Dist. 9 $1,418 $1,657 ($664) It is the intent of staff to process fund transfers to "zero-out" the projected FY 06/07 deficits noted above. Of the $209,575 estimated deficit, $103,224 will be recommended to be funded by gas tax and the remaining $106,351 will be recommended to be funded by the general fund. FY 07/08 Fund Deficits It is anticipated that the FY 07/08 Year-End Fund Balance for certain Zones/Districts will once more show a deficit. A summary of those anticipated deficits is as follows: FY 07/08 FY 06/07 Fund Begin Bal. Revenue""" Expenses Ending Bal. 2300 - Landscaping 0 $177,215 $376,807 ($199,759) 2300 - Lighting 0 $231,765 $302,000 ($60,235) 2305 - Dist. 5 (L/S Only) 0 $23,340 $41,294 $17,954 2306 - Dist. 6 $648 $954 $1,750 ($148) 2307 - Dist. 7 0 $11,298 $16,147 $4,849 2308- Dist. 8 $4,931 $15,243 $33,685 ($12,820 2309 - Dist. 9 0 $1,363 $2,050 ($687) 2310 - Dist 10 (L/S only) 0 $195,892 $247,671 $51,835 Total $348,286 &\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc FJOY ✓i2 2 Honorable City Council June 6, 2007 Page 6 The estimated FY 07/08 fund deficits identified above are based on revenue estimates generated by the City's Assessment Engineer (SCI), which were provided after initial budget figures are complied. As a result, they may not match the draft budget presented to the Council. As has been the case for the past several years, staff will return to the Council with a request to fund the actual deficits from the Gas Tax and General Fund reserves. Historically, this occurs about six to nine months after the end of the fiscal year after the City's auditors have completed their review of the City's financial records. Resolution Attached as Exhibit 2 is a Resolution approving the subject Engineer's Report and setting June 20, 2007, as the date of a public hearing to consider the levy of the assessments for the Landscaping and Lighting Assessment Districts for Fiscal Year 2007/08. This resolution will also serve as the public hearing notice for the June 20th public hearing. STAFF RECOMMENDATIONS Adopt Resolution No. 2007- Attachments: Exhibit 1: Summary of Assessment Amounts Exhibit 2: FY 2007/08 Fund Activity Estimates Exhibit 3: Resolution S:\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc EXHIBIT 1 Honorable City Council June 6, 2007 Page 1 Exhibit 1 : Summary of Assessment Amounts Total Per Lot Assessment Assessment Landscape Maintenance L/S & Drainage Maint. Description Amount ($) Number Amount ($) Number Amount ($) Citywide Streeet Lighting 241,764.84 20.84 Landscaping 177,214.74 17.24 Sub-Total 418,979.58 38.08 1. Tract 2851 6,112.26 75 81.50 2. Tract 2865 Landscaping 66,848.04 574 116.46 LS/ 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 LS/ 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: L/S - Comm. Prop. 7,216.06 11.23 ac 642.57 ac L/S - Residential 135,858.50 1,775 76.54 LS/ Drainage - Res. 51,927.78 669 77.62 195,002.34 11. Tract 4174 3,040.02 9 337.78 12. Carlsberg - Residential 260,597.84 536 486.19 Com. / Ind. 12,946.56 73.56 ac 176.00 Institutional 6,085.52 3.84 ac 1,584.77 279,629.92 13. Unassigned 14. Tract 5201 (Wilshire) 1,432.00 10 143.20 15. Tract 4928 (Toll): Res. 111,916.08 216 345.42 16. T 5161 8,868.88 59 150.32 17. Unassigned 18. T 5307 21,957.25 25 878.29 19. T 5264 (M&M) 13,216.41 6 2,107.88 Backup 7,678.19 21. T 5133 (Shea) 28,664.79 77 372.27 Total 1,224,781.33 S:\Community Services\ADMINISTRATIVE\CC Reports\2007\6-6-2007 (AD Engineer Rpt).doc EXHIBIT 2 Landscape /Lighting Exhibit 2 2 Assessment Districts [File:a Page Page ] Fund Activity: .'`p?;�iE' 5/29/2007 As of 5/29/07 FY 07/08 Beginning Rev, Levy Transfers in Total Exp, Projected Total Available Less Ending Fund Description Balance Code Amount Rev#3720 Interest Revenue Code Expenses Less Expenses Reserve Balance 2300 Lighting (41,915) 3100 241,765 41,915 283,680 8901 302,000 (60,235) 0 (60,235) Improvements 0 0 0 0 0 Landscaping (271,182) 3102 177,215 271,182 448,397 7901 &790: 376,974 (199,759) 0 (199,759) 2300 (313,097) 418,980 313,097 0 732,077 678,974 (259,994) 0 (259,994) 2301 Dist 1:T-2851 26,973 3102 6,112 < 921 7,033 7901 7,849 26,157 (26,157) 0 2302 Dist 2:L/S[T2865] 132,717 3102 72,789 5,760 78,549 7901 79,337 131,929 (131,929) 0 Dist 2:Drains 9.360 3103 1.050 1,050 8902 428 9.982 (9.982) 0 2302 142,077 73,839 0 5,760 79,599 79,765 141,911 (141,911) 0 2303 Dist 3:T-3032 2,417 3102 3,079 230 3,309 7901 3,400 2,326 (2,326) 0 2304 Dist 4:T-3274 3,002 3102 6,383 230 6,613 7901 8,899 716 (716) 0 2305 Dist 5:L/S[T3019&3525] (25,190) 3102 23,340 25,190 48,530 7901 41,294 (17,954) 0 (17,954) Dist 5:Drains 1,868 3103 500 500 8902 428 1,940 (1,940) 0 2305 (23,322) 23,840 25,190 0 49,030 41,722 (16,014) (1,940) (17,954) 2306 Dist 6:T-3306 648 3102 924 30 954 7901 1,750 (148) 0 (148) 2307 Dist 7:NE LA&Gabbert (2,222) 3102 11,298 2,222 13,520 7901 16,147 (4,849) 0 (4,849) 2308 Dist 8:Buffer 4,931 3102 15,243 691 15,934 7901 33,685 (12,820) 0 (12,820) 2309 Dist 9:Condor (430) 3102 1,356 430 7 1,793 7901 2,050 (687) 0 (687) 2310 Dist 10: PC-3:L/S (33,907) 3102 194,280 33,907 1,612 229,799 7901 247,727 (51,835) 0 (51,835) Dist 10:Drains 31,926 3103 < 725 8902 5,134 27,517 (27,517) 0 2310 (1,981) 195,005 33,907 1,612 230,524 252,861 (24,318) (27,517) (51,835) 2311 Dist 11:T 4174 6,764 3102 3,040 230 3,270 7901 1,110 8,924 (8,924) 0 2312 Dist 12:Carlsberg 500,689 3102 a.l, 18,432 298,076 7901 170,789 627,976 (627,976) 0 2313 Unassigned 0 0 0 0 0 0 0 0 Sub-Total AD 84-2 346,449 1,038,743 374,846 28,143 1,441,732 1,299,001 489,180 (837,466) (348,286) 2314 Dist 14:T-5201 [Wilshire] 3,349 3102 1,432 < 70 1,502 7901 970 3,881 (3,881) 0 2315 Dist 15: T4928[Toll] 1,744,801 3102 I.,;l < 67,276 179,189 7901 113,778 1,810,211 (1,810,211) 0 2316 D-16:T-5161 [Cabrillo]L/S 45,751 3102 8,009 < 2,995 11,004 7901 8.200 48,556 (48,556) 0 Dist 16: Drains 32,509 3103 _860 < 860 8902 5,000 28,369 (28,369) 0 2316 Totals 78,260 8,869 0 2,995 11,864 13,200 76,925 (76,925) 0 2317 Unassigned 0 0 0 0 0 0 0 2318 D-18:T5307[Walnut Acres]L 22,583 3102 16,343 1,152 17,495 7901 16,915 23,163 (23,163) 0 Dist 18: Drains 6,698 3103 5,614 0 5,614 8902 5,000 7,312 (7,312) 0 2318 29,281 21,957 0 1,152 23,109 21,915 30,475 (30,475) 0 2319 Dist 19: M&M 23,575 3102 13,216 230 13,446 7901 i 211.- 23,805 (23,805) 0 2320 Dist 20:Lyon Track#5187 5,005 3102 230 20,737 7901 19,775 5,967 (5,967) 0 2321 Dist 21:Shea Track#5133 32,536 3102 28,665 230 28,895 7901 6`.`, 32,766 (32,766) 0 2322 Dist 22:Pardee Track#5045 4,411 3102 230 20,737 7901 19,775 5,373 (5,373) 0 2323 Dist 23:Suncal Track#5130 4,866 3102 0 230 230 7901 0 5,096 (5,096) 0 2324 Dist 24:Goldman Parkway 5,027 3102 0 0 0 7901 0 5,027 (5,027) 0 2325 Dist 25:Village @ Moorpark 5,000 3102 0 5,185 7901 5,000 5,185 (5,185) 0 Total 2,282,560 1,224,795 374 46 100,786 1,7 6,626 5 35 295 2,493 891 (214®2 177) (34 ,286) 1.224.781 Est Transfer Est Transfer Bold=Totals 14 FYE 6/30/07 FYE 6/30/08 r < Leyy Amount Less Than Assessment Amount Lq These#'s different Add expense to Budget per Mary&Ken than Jeanette's#'s. Exhibit 2 Landscape /Lighting Blue 100% Page 5 of 5 Assessment Districts [File:adfunds] Fund Activity:FY07/08 5/29/2007 Assessment/Levy Calculations A B C D E F FY 07/08 Amount of Maximum Beginning Projected Fund CAP Assessment Levy Fund Description Balance Expenses [Est 3 Yr Costs] _ Amount Amount Remarks 2300 Lighting (41,915) 241,765 241,765 Improvements 0 0 0 Landscaping (271,182) 177,215 177,215 (313,097) 418,980 418,980 2301 Dist 1:T-2851 26,973 7,849 23,547 9,702 6,112 # Levy=63%of Assessment 2302 Dist 2:L/S[T2865] 132,717 79,337 238,011 72,789 72,789 Dist 2:Drains 9,360 428 10,000 _ 1,050 1,050 142,077 79,765 248,011 73,839 73,839 2303 Dist 3:T-3032 2,417 3,400 10,200 3,079 3,079 2304 Dist 4:T-3274 3,002 8,899 26,697 6,383 6,383 2305 Dist 5:L/S[T3019&3525] (25,190) 41,294 123,882 23,340 23,340 Dist 5: Drains 1,868 428 10,000 _ 500 500 (23,322) 41,722 133,882 23,840 23,840 2306 Dist 6:T-3306 648 1,750 5,250 924 924 2307 Dist 7:NE LA&Gabbert (2,222) 16,147 48,441 11,298 11,298 2308 Dist 8:Buffer 4,931 33,685 101,055 15,243 15,243 2309 Dist 9:Condor (430) 2,050 6,150 1,356 1,356 2310 Dist 10:PC-3:L/S (33,907) 247,727 743,181 194,280 194,280 Dist 10:Drains 31,926 5,134 15,402 _ 7,252 725 Levy= 10%of Assessment (1,981) 252,861 758,583 201,532 195,005 2311 Dist 11:T 4174 6,764 1,110 13,330 3,040 3,040 2312 Dist 12:Carlsberg 500,689 170,789 512,367 279,644 279,644 # 2313 Unassigned 0 0 0 _ 0 0 Unassigned Fund# Sub-Total AD 84-2 346,449 620,027 1,887,513 1,048,859 1,038,743 2314 Dist 14:T-5201 [Wilshire] 3,349 970 3,880 1,432 1,432 2315 Dist 15: T4928[Toll] 1 1,744,801 113,778 341,334 559,563 111,913 # Levy=20%of Assessment 2316 D-16:T-5161 [Cabrillo]L/S 45,751 8,200 24,600 16,017 8,009 # Levy=50%of Assessment Dist 16: Drains 32,509 5,000 15,000 _ 8,598 860 # Levy= 10%of Assessment 78,260 13,200 39,600 24,615 8,869 2317 Unassigned 0 0 0 0 0 Unassigned Fund# 2318 D-1 8:T5307[Walnut Acres) 22,583 16,915 50,745 16,343 16,343 Dist 18: Drains 6,698 5,000 15,000 _ 5,614 5,614 29,281 21,915 65,745 21,957 21,957 2319 Dist 19:M&M 23,575 13,216 39,649 13,216 13,216 # 2320 Dist 20: Lyon Track#5187 5,005 19,775 59,325 20,507 20,507 # 2321 Dist 21:Shea Track#51331 32,536 28,665 85,994 28,665 28,665 # 2322 Dist 22:Pardee Track#50 4,411 19,775 59,325 20,507 20,507 # 2323 Dist 23:SunCal 1 4,866 0 10,000 # 0 0 2324 Dist 24:Goldman Parkwa 5,027 0 10,000 # 0 0 2325 Dist 25:Village @ Moorp< 5,000 5,000 15,000 5,185 5,185 # f"O u.+ 2,282,560 856,321 1�74T 506 1,224,795 #CAP set by administrative action #=LEVY set by Administration action �. (Higher than 300%of Annual Cost History) r� EXHIBIT 3 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA OF INTENTION TO LEVY ASSESSMENTS FOR FISCAL YEAR 2007-08, PRELIMINARILY APPROVING ENGINEER'S REPORT, AND PROVIDING FOR NOTICE OF HEARING FOR THE CITY OF MOORPARK LANDSCAPING AND LIGHTING MAINTENANCE ASSESSMENT DISTRICTS WHEREAS, by Resolution No. 2007- , 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 2007-08; and WHEREAS, pursuant to said Resolution, the Engineer's Report was prepared by SCI Consulting Group, Engineer of Work, in accordance with 22565, et. seq., of the Streets and Highways Code (the "Report") and Article XIIID of the California Constitution; and WHEREAS, said Engineer's Report was filed with the City Clerk and the City Council has reviewed the Report and wishes to take certain actions relative to said Report and the levy of assessments recommended therein. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1 . The Report for "Moorpark Landscaping and Lighting Maintenance Assessment Districts", for the fiscal year commencing on July 1, 2007 and ending on June 30, 2008, on file with the City Clerk, has been duly considered by the Moorpark City Council and is hereby deemed sufficient and approved. The Report shall stand as the Engineer's Report for all subsequent proceedings under, and pursuant to, the foregoing resolution. SECTION 2. It is the intention of this Council to levy and collect assessments within the Assessment Districts for fiscal year 2007-08. Within the Assessment Districts, the existing and proposed improvements, and any substantial changes proposed to be made to the existing improvements, are generally described as the installation, maintenance and servicing of public facilities, including but not limited to, street lights, public lighting facilities, landscaping, sprinkler systems, statuary, fountains, other ornamental structures and facilities, landscape corridors, ground cover, shrubs and trees, street frontages, drainage systems, fencing, entry monuments, graffiti removal and repainting, and labor, materials, supplies, utilities and equipment, as applicable, for property owned, operated or maintained by the City of Moorpark. Installation means the construction of lighting and landscaping improvements, including, but not limited to, land preparation, such as grading, leveling, cutting and filling, sod, landscaping, irrigation systems, sidewalks and drainage and lights. Maintenance means the furnishing of Resolution No. 2007- Page 2 services and materials for the ordinary and usual maintenance, operation and servicing of said improvements, including repair, removal, or replacement of all or part of any improvement; providing for the life., growth, health and beauty of landscaping; and cleaning, sandblasting and painting of walls and other improvements to remove or cover graffiti. Servicing means the furnishing of electric current or energy for the operation or lighting of any improvements, and water for irrigation of any landscaping or the maintenance of any other improvements. SECTION 3. The Assessment Districts consists of the lots and parcels shown on the boundary map of the Assessment Districts on file with the City Clerk, and reference is hereby made to such map for further particulars. SECTION 4. Reference is hereby made to the Engineer's Report for a full and detailed description of the improvements, the boundaries of the Assessment Districts, and the proposed assessments upon assessable lots and parcels of land within the Assessment Districts. The Engineer's Report identifies all parcels which will have a special benefit conferred upon them and upon which an assessment will be imposed. SECTION 5. The fiscal year 2007-08 levy rates are not proposed to increase, with the exception of Zone 12, District 14, District 15, District 16, District 18, District 19 and District 21 . The authorized maximum assessment rate for these Districts includes an annual adjustment by an amount equal to the annual change in the Los Angeles Area Consumer Price Index. As the amount of the annual increase in the Los Angeles Area Consumer Price Index from December 2005 to December 2006 is 3.286%, and an additional adjustment in the Los Angeles Area Consumer Price Index from December 2004 to December 2005 in the amount of .415% has occurred the authorized maximum levy rate for fiscal year 2007-08 is 3.701% above the maximum levy rate for fiscal year 2006-07. Including the authorized annual adjustment, the maximum authorized assessment rates for fiscal year 2007-08 are as follows: District 12 $486.19 per single family benefit unit $176.00 per acre of commercial or industrial property $1 ,584.77 per acre of institutional property District 14 $143.20 per single family benefit unit District 15 $1,726.99 per single family benefit unit District 16 $417.21 per single family benefit unit District 18 $878.29 per single family benefit unit District 19 $7,962.13 per acre of commercial or industrial property District 21 $427.61 per single family benefit unit SECTION 6. Notice is hereby given that on June 20, 2007, at the hour of 7:00 o'clock p.m. in the Council Chambers, located at 799 Moorpark Avenue, Moorpark, California 93021, the Council will hold a public hearing to consider the ordering of the improvements and the levy of the proposed assessments. Resolution No. 2007- Page 3 W SECTION 7. Prior to the conclusion of the hearing, any interested person may file a written protest with the City Clerk, or, having previously filed a protest, may file a written withdrawal of that protest. A written protest shall state all grounds of objection. A protest by a property owner shall contain a description sufficient to identify the property owned by such owner. Such protest or withdrawal of protest should be mailed to the City Clerk, City of Moorpark, 799 Moorpark Avenue, Moorpark, California 93021 . SECTION 8. The City Clerk shall cause a notice of the hearing to be given by publishing a copy of this resolution once, at least ten (10) days prior to the date of the hearing above specified, in a newspaper circulated in the City of Moorpark. PASSED AND ADOPTED this 6th day of June 2007, by the following vote: Patrick Hunter, Mayor ATTEST: City Clerk of the City of Moorpark 3