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Home My WebLink AboutStaff Report 273-10TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: PUBLIC WORKS DATE: JUNE 14,2010 CMR:273:10 TYPE: PUBLIC HEARING SUBJECT: Levy of Assessment for California Avenue Area Parking Bonds -Plan G: Fiscal Year 2010-2011 and Adoption of a Resolution Confirming Engineer's Report and Assessment Roll, California Avenue Parking Project No. 92-13 (For Fiscal Year 2010-2011) RECOMMENDATION Staff recommends that Council adopt the attached resolution (Attachment A) confirming the Engineer's Report and Assessment Roll for California Avenue District, Project No. 92-13 and levying assessments for FY-2011. BACKGROUND By virtue of the prior establishment of the assessment district and issuance of debt, Council action is required to levy assessments for the active parking project in the California Avenue area. These assessments will be utilized for the payment of principal and interest on bonds for capital improvements pursuant to the attached resolution. These funds are separate and distinct from permit fees that are used to pay for operation and maintenance of parking facilities. The active project is listed and described as follows: 1. California Avenue District, Ted Thompson Parking Structure, Project 92-13: Construction of a two-level parking structure on Cambridge Avenue between Birch Street and Nogal Lane. Parking bonds issued under Bond Plan G (Section 13.16.150, Palo Alto Municipal Code) require that a public hearing be held annually (the second Monday in June) on the assessments, which must be levied to pay principal and interest on the bonds. The purpose of the public hearing is to allow each property owner the opportunity to question the computation ofhislher assessment and the elements which comprise it, that is, the square footage of each occupied building, the off-street parking requirements for the usage, and the off-street parking provided. Assessments are levied on the basis of building square footage, with a credit given for the off-street parking provided by the property owner. Additional details about the Parking Assessment District-Plan G bond capital improvement program projects can be found in Attachment B. CMR:273:10 Page 1 of3 DISCUSSION The assessment rates for FY 2010-11 (Attachment C) per square foot of adjusted building area and the amount levied for the projects are: PROJECT 1. California Avenue District, Ted Thompson Parking Structure, Project 92-13 *Rate per weighted assessment factor. * * Rate per land square footage. ASSESSMENT RATE PER ADJUSTED BUILDING SQUARE FOOTAGE $9.89* $0.056** Total: DOLLARS LEVIED $114,328.22 $ 38.109.39 $152,437.61 Approximately $341,000 in excess construction funds in the California Avenue District bond fund for the Ted Thompson parking garage, Project 92-13, was used to reduce the tax roll required to pay offfue bonds sold to fmance the project. To equalize assessments, the funds were spread uniformly over the duration of the bonds (20 years) beginning with the 1996 assessments. Attachment D lists changes made to the assessment rolls. The estimated assessments were sent to property owners within the California Avenue district on March 25, 2010. Assessments were modified due to recent changes in business site conditions (square footage, vacancy, etc.), which were brought to staffs attention by property owners since the estimated assessments were prepared. Because the hearing is the legally prescribed process for property owners to raise assessment questions, it may be necessary to have a second addendum available at the Council meeting that reflects changes brought to staff's attention since the Council packet was delivered. The public hearing for the assessment district may need to be continued if staff receives late information from a property owner that cannot be verified and included in the amended rolls prior to the hearing. RESOURCE IMPACT The project is funded by the assessment district and no City General Fund monies are involved. Although assessments are generally subject to Proposition 218, this particular assessment is exempt from Proposition 218 since all of the assessment proceeds are pledged to repay bond indebtedness issued prior to enactment of Proposition 218 in 1996. Parking district maintenance costs, including sweeping, landscaping, signing and lighting are paid for by parking permit fees, which were last increased in 2005 in the California Avenue Parking District. These are separate from the funds used to pay for construction of the parking garage. POLICY IMPLICATIONS Approval of this action does not represent any change to existing City policies. CMR:273:10 Page 2 of3 I TIMELINE The assessments will be sent to the Santa Clara County Tax Collector in July and will appear on the October property tax bills. ENVIRONMENTAL ASSESSMENT Approval of assessments is exempt by from the California Environmental Quality Act (CEQA). ATTACHMENTS Attachment A: Resolution (1) Attachment B: Capital Improvement Program Project Attachment C: California Avenue Assessment Rates Attachment D: California Avenue District Amendments PREPARED BY: DEPARTMENT HEAD: Director of Public Works CITY MANAGER APPROVAL: cc: California Avenue Area Development Association Chamber of Commerce CMR:273:10 -~ Page 3 of3 ATTACHMENT A RESOLUTION NO. --- RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO CONFIRMING ENGINEER'S REPORT AND ASSESSMENT ROLL CALIFORNIA AVENUE PARKING PROJECT NO~ 92-13 (For Fiscal Year 2011) THE COUNCIL OF THE CITY OF PALO ALTO DOES RESOLVE asfollows: Section 1: After proceedings conducted pursuant to the Palo Alto Municipal Code, a public hearing has been duly held on the Engineer's Report and assessment roll prepared for the above fiscal year to pay the principal and interest on bonds issued pursuant to Resolution of Intention No. 7930, adopted by the Council of the City of Palo Alto on August 9, 1993; Section 2: This Council has heard all persons having an interest in any real property within the parking assessment district; has heard all objections, protests, or other written communications from any persons interested in the real property within the district; has taken and received oral and documentary evidence pertaining to the matters contained in the report; and has remedied and corrected any errors or informalities in the report and revised and corrected any of the acts or determinations of the various City officials as contained therein; Section 3: The Engineer's Report and assessment roll, and each of the assessments. therein as fully revised and corrected, is hereby approved and confirmed and adoption of this Resolution constitutes the levy of the assessments for fiscal year 2010-11. ' /I /I /I /I /I /I /I /I /I /I -1- Section 4: The report together with the certificate of the City Clerk as to the fact and date of approval by this Council, shall forthwith be delivered to the County of Santa Clara, and the proper County officer shall cause to be posted to the tax rolls, in the column provided therefore the amount of each of the assessments proposed to be levied and collected for the fiscal year as set forth in the report as confirmed. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Jones Hall, A Professional Law Corporation BY:4-__ ~~~~~+-~ ______ __ -2- APPROVED: Mayor City Manager Director of Public Works Director of Administrative Services Senior Asst. City Attorney California Avenue Project 92-13 (Ted Thompson Garage) ATTACHMENT B CAPITAL IMPROVEMENT PROJECT FINANCED BY ASSESSMENT PROCEDURES USING G-BONDS $2,055,000 CALIFORNIA AVENUE AREA Construction of a future two level parking structUre on lot C-3 and the I 11/93 two parcels acquired by project 86-01. 09/02/2015 3.4% -5.4% w (!) ~ 0 0 u.. w 0::: <C ::::> 0 en 0 z :5 --w ~ I-z w ::a: en en w en en <C 0::: 0 I- ~ l-:z w :::a: en en w en en « Cl w I-:c (.!) jjj s: --. w ~ I-:z w :::a: en en w en ~ ATTACHMENT C CALIFORNIA AVENUE AREA PARKING DISTRICT ANNUAL ASSESSMENT RATES Project 92-13 LAND ASSESSMENT O.OB <.0 U") 0 I") f'. Ol 0 ..-0 <.0 ex) ex) 0 <.0 0 <.0 <.0 0 f'. <.0 U") U") 0 <.0 N I") ~ U") 0 0 0 0 0 ~ L(') 0 ..- U") ..-N U") U") 0 0 ·0 U"). 0 U") U") U") 0 0 0 0 0.06 0 0 0 0 0 0 0 0 0 0 0 0 0.04 0.02 11 12 BUILDING ASSESSMENT ,...... 13.0 Ol ,...... I") 12.0 N 0'> Ol U") ,...... <.0 00 0 0 0 0 0 11.0 0 T'"" ..-Ol I") 0 00 N ,...... ,...... U") ..- I") ..-N Ol 10.0 T'"" ..- Ol Ol Ol Ol 9.0 B.O 7.0 6.0 M ~ .iii .iZ .iB 95 96 97 98 99 AB13B-2010 Page 1 of 1 ATIACHMENTD CALIFORNIA AVENUE DISTRICT AMENDMENTS PRELIMINARY ROLL Address, Use Square Parking Parking Assessments Parcel Number Feet Reqd. Prov 92-13 2250 Park 20C 1755 6 3 $527.43 124-28-002 240 Cambridge 13C 1620 13 3 $747.86 124-28-004 26B 780 306 Cambridge 20C 2125 7 0 $646.11 124-28-009 318 Cambridge 26B 4912 20 0 $1349.17 124-28-010 350 Cambridge 20C 19762 82 18 $4838.49 124-28-011 20C 2969 10 VAC 2467 200 California 20C 8133 27 $1692.23 124-28-027 20C 450 206 California 20C 10000 32 6 , $1713.13 124-289-028 220 California 20C 6930 22 0 $1423.08 124-28-029 230 CaIifornia 20C 6930 22 0 $1423.08 124-28-030 260 California 13C 9625 62 6 $4306.40 124-28-033 290 California 15B 7965 55 0 $3870.17 124-28-034 26B 7965 2363 Birch 23B 625 5 0 $405.57 124-28-035 13C 646 -2307 Birch 13C 923 31 $2080.55 124-28-036 26B 1285 23B 915 26B 4250 164 California 26B 16514 95 81 $3481.92 124-28-045 23B 680 20C 7406 250 Cambridge 20C 15908 113 28 $6363.73 124-28-050 20C 9000 VAC 10269 265 Cambridge 32 3493 9 5 $513.71 124-28-053 0 201 California 13C 2410 20 0 $1273.06 124-29-001 20C 1350 2418 Park 13C 1920 25 0 $1765.47 124-29-002 20C 3168 23B 1240 2435 Birch 13C 1246 24 0 $1460.45 124-29-004 20C 3776 23B 1350 299 California 20C 11608 52 0 $3376.28 124-29-005 23B 6662 249 California 26C 9844 28 $2058.22 124-29-007 265 California 32 4000 22 2 $1477.30 124-29-021 VAC 2800 261 California 26B 6820 28 0 $1792.25 124-29-022 2290 Birch 20C 3059 10 0 $803.59 124-32-002 366 Cambridge 13C 2250 20 0 $1358.13 124-32-003 20C 1075 20C 700 378 Cambridge 20C 8797 40 2 $2412.71 124-32-005 26B 2015 23B 1600 400 Cambridge 20C 9800 32 0 $1971.28 124-32-006 410 Cambridge 20C 6200 32 0 $1971.28 124-32-007 VAC 3600 430 Cambridge 20C 5420 20 0 $1412.11 124-32-009 20C 834 438 Cambridge 20C 3536 14 4 $934.27 124-32-010 VAC 776 450 Cambridge 26B 2400 10 $788.96 124-32-011 454 Cambridge 15B 1542 7 0 $770.39 124-32-012 23B 1542 2237 El Camino 13C 760 7 $435.66 124-32-016 20C 760 2231 El Camino 26B 2868 12 3 $620.45 124-32-017 2225 El Camino 15B 1040 7 5 $409.06 124-32-018 26B 72 2209 El Camino 13C 3167 21 3 $1239.65 124-32-019 15B 385 310 California 13C 1695 47 0 $3339.18 124-32-034 26B 2685 26B 6000 330 California 15B 4360 21 10 $1239.24 124-32-035 15B 3240 360 California 26B 6707 28 6 $1510.13 124-32-036 366 California 20C 5070 32 2 $1990.72 124-32-037 23B 2300 32 4430 392 California 26B 4000 20 5 $1085.81 124-32-038 26B 800 406 California 13C 3150 24 6 $1293.19 124-32-039 23B 1598 414 California 14A 6098 34 20 $1639.48 124-32-040 440 California 13C 1000 24 0 .$1661.22 124-32-041 26B 4250 442 California 20C 263 3 2 $278.93 124-32-042 15B 659 448 California 13C 1825 18 9 $928.59 124-32-043 23B 1000 26B 992 460 California VAC 7404 35 0 $2119.44 124-32-044 23B 3200 VAC 1196 480 California 20C 14166 73 5 $4136.03 124-32-045 20C 2204 20C 3010 20C 3240 490 California 20C 18387 81 37 $3391.17 124-32-046 15b 8037 2335 EI Camino 20C 5292 17 $1006.13 124-32-047 2325 EI Camino 26B 1360 9 5 $428.49 124-32-048 23B 1360 2305 EI Camino 13C 285 22 2 $1310.28 124-32-049 23B 1257 433 Cambridge 20C 2119 16 . $969.91 124-32-051 20C 1150 23B 1551 20C 330 20C 400 415 Cambridge 20C 6112 20 0 $1356.37 124-32-052 409 Cambridge 20C 3466 11 5 $621.48 124-32-054 375 Cambridge 20C 4934 16 6 $837.59 124-32-056 2265 EI Camino 13C 1716 40 0 $3221.70 124-32-070 20C 5621 23B 700 26C 3247 321 California 13C 4905 32 14 $1509.21 124-33-001 410 Sherman 20C 6691 22 8 $1518.30 124-33-005 430 Sherman 20C 11094 36 0 $2186.05 124-33-006 475 California 13C 1852 13 0 $845.66 124-33-012 23B 454 463 California 13C 1475 20 7 $1010.33 124-33-013 26B 2361 459 California 26B 3362 14 4 $829.23 124-33-014 451 California 26B 1062 8 3 $520.22 124-33-015 26B 1062 445 California 13C 1427 11 9 $425.45 124-33-016 15B 1248 437 California 20C 2200 1129 6 $1555.65 124-33-017 26B 5186 433 California 23B 1160 3 2 $191.82 124-33-018 429 California 26C 4989 16 0 $1195.39 124-33-019 26C 726 421 California 13C 1320 9 0 $548.50 124-33-020 415 California 13C 2514 26 4 $1426.13 124-33-021 26B 2513 405 California 20C 2370 21 6 $1079.98 124-33-022 15B 1200 26B 2291 2450 Ash 20C 1794 6 0 $578.20 124-33-025 2443 Ash 23B 421 25 $2332.56 124-33-027 20C 7388 381 California 3 580 47 0 $2819.94 124-33-028 13C 207 26B 1480 13C 2486 17 7407 361 California 13C 1872 12 5 $907.77 124-33-029 341 California 26B 4000 32 5 $1743.67 124-33-030 20C 4500 449 Sherman 20C 4500 33 0 $2401.04 124-33-042 445 Sherman 20C 22100 84 0 $8131.93 124-33-043 20C 3900 409 Sherman 20C 7869 38 6 $2406.78 124-33-046 VAC 4000 407 Sherman 20C 5074 16 0 $1051.66 124-33-047 385 Sherman 20C 21600 70 0 $5455.04 124-33-055 2401 El Camino 14A 3953 22 14 $1003.28 124-33-061 425 Sherman 20C 17752 74 0 $5153.53 124-33-065 VAC 5268 2441 Park ZOC 1191 4 2 $173.54 124-37-002 2441 Park 20C 1211 4 3 $108.01 124-37-014 109 California 13C 1112 9 8 $121.83 124-37-029 26B 480 125 California 20C 1530 5 3 $185.81 124-37-032 151 California 20C 3201 10 3 $575.02 124-37-043 AMENDED ROLL Address, Use Square Parking Parking Assessments Parcel Number Feet Reqd. Prov 92-13 2250 Park 20C 1755 6 3 $521.83 124-28-002 240 Cambridge 13C 1620 1~ 3 $705.45 124-28-004 26B 780 306 Cambridge 20C 2125 7 0 $634.95 124-28-009 318 Cambridge 26B 4912 20 0 $1316.60 124-28-010 350 Cambridge 20C 19762 82 18 $4709.46 124-28-011 20C 2969 10 VAC 2467 200 California 20C 8133 27 1 $1650.68 124-28-027 20C 450 206 California 20C 10000 32 6 $1671.58 124-289-028 220 California 20C 6930 22 0 $1387.97 124-28-030 230 California 20C 6930 22 0 $1387.97 124-28-030 260 California 13C 9625 62 6 $4197.42 124-28-033 290 California 15B 7965 55 0 $3767.43 124-28-034 26B 7965 2363 Birch 23B 625 5 0 $396.68 124-28-035 13C 646 2307 Birch 13C 923 31 $2080.55 124-28-036 26B 1285 23B 915 26B 4250 164 California 26B 16514 95 81 $3459.60 124-28-045 23B 680 20e 7406 250 Cambridge 20C 15908 113 28 $6196.92 124-28-050 20C 9000 VAC 10269 265 Cambridge 32 3493 9 5 $507.36 124-28-053 201 California 13C 2410 20 0 $1241.13 124-29-001 20C 1350 2418 Park 13C 1920 25 0 $1724.09 124-29-002 20C 3168 23B 1240 2435 Birch 13C 1246 24 0 $1422.17 124-29-004 20C 3776 23B 1350 299 California 20C 11608 52 0 $3286.85 124-29-005 23B 6662 249 California 26C 9844 28 $2015.13 124-29-007 265 California 32 4000 22 2 $1442.19 124-29-021 VAC I 2800 261 California 26B 6820 28 0 $1747.53 124-29-022 2290 Birch 20C 3059 10 0 $787.62 124-32-002 366 Cambridge 13C 2250 20 0 $1321..32 124-32-003 20C 1075 20C 700 378 Cambridge 20C 8797 40 2 $2352.02 124-32-005 26B 2015 23B 1600 400 Cambridge 20C 9800 32 0 $1919.71 124-32-006 410 Cambridge 20C 6200 32 0 $1919.71 124-32-007 VAC 3600 430 Cambridge 20C 5420 20 0 $1380.18 124-32-009 20C 834 438 Cambridge 20C 3536 14 4 $914.62 124-32-010 VAC 776 li50 Cambridge 20C 8942 29 10 4,228.61 124-32-011 454 Cambridge 15B 1542 7 0 $759.23 124-32-012 23B 1542 2237 El Camino 13C 760 7 $424.88 124-32-016 20C 760 2231 El Camino 26B 2868 12 3 $606.12 124-32-017 2225 EI Camino 15B lQ40 7 5 $405.46 124-32-018 26b 972 2209 El Camino 13C 3167 21 3 $1210.75 124-32-019 15B 385 310 California 13C 1695 47 0 $3258.31 124-32-034 26B 2685 26B 6000 330 California 15B 4360 21 10 $1221.64 124-32-035 15B 3240 360 California 26B 6707 28 6 $1475.02 124-32-036 366 California 20C 5070 32 2 $1941.00 124-32-037 23B 2300 32 4430 392 California 26B 4000 20 5 $1061.68 124-32-038 26B 800 406 California 13C 3150 24 6 $1264.43 124-32-039 23B 1598 414 California 14A 6098 34 20 $1617.16 124-32-040 440 California 13C 1000 24 0 $1621.29 124-32-041 26B 4250 442 California 20C 263 3 2 $277.30 124-32-042 15B 659 448 California 13C 1825 18 9 $914.26 124-32-043 23B 1000 26B 992 460 California VAC 7404 35 0 $2063.11 124-32-044 23B 3200 VAC 1196 480 California 20C 14166 73 5 $4025.75 124-32-045 20C 2204 20C 3010 20C 3240 490 California 20C 18387 81 37 $3312.84 124-32-046 15b 8037 2335 EI Camino 20C 5292 17 $980.55 124-32-047 2325 EI Camino 26B 1360 9 5 $422.14 124-32-048 23B 1360 2305 EI Camino 13C 285 22 2 $1278.35 124-32-049 23B 1257 433 Cambridge 20C 2119 16 $945.96 124-32-051 20C 1150 23B 1551 20C 330 20C 400 415 Cambridge 20C 6112 20 0 $1324.44 124-32-052 409 Cambridge 20C 3466 11 5 $611.86 124-32-054 375 Cambridge 20C 4934 16 6 $821.62 124-32-056 2265 EI Camino 13C 1716 40 0 $3145.07 124-32-070 20C 5621 23B 700 26C 3247 321 California 13C 4905 32 14 $1480.28 124-33-001 410 Sherman 20C 6691 22 8 $1490.62 124-33-005 430 Sherman 20C 11094 36 0 $2126.81 124-33-006 475 California 13C 1852 13 0 $824.07 124-33-012 23B 454 463 California 13C 1475 20 7 $989.56 124-33-013 26B 2361 459 California 26B 3362 14 4 $813.26 124-33-014 451 California 26B 1062 8 3 $512.24 124-33-015 26B 1062 445 California BC 1427 11 9 $422.27 124-33-016 15B 1248 437 California 20C 2200 29 6 $1518.91 124-33-017 26B 5186 433 California 23B 1160 3 2 $190.19 124-33-018 429 California 26C 4989 16 0 $1169.81 124-33-019 26C 726 421 California 13C 1320 9 0 $534.17 124-33-020 415 California 13C 2514 26 4 $1389.41 124-33-021 26B 2513 405 California 20C 2370 21 6 $1056.03 124-33-022 15B 1200 26B 2291 2450 Ash 20C 1794 6 0 $564.74 124-33-025 2443 Ash 23B 421 25 $2273.40 124-33-027 20C 7388 381 California 3 580 47 0 $2744.91 124-33-028 13C 207 26B 1480 13C 2486 17 7407 361 California 13C 1872 12 5 $896.61 124-33-029 341 California 26B 4000 32 5 $1700.58 124-33-030 20C 4500 449 Sherman 20C 4500 33 0 $2348.33 124-33-042 445 Sherman 20C 22100 84 0 $7913.28 124-33-043 20C 3900 409 Sherman 20C 7869 38 6 $2342.11 124-33-046 VAC 4000 407 Sherman 20C 5074 16 0 $1026.08 124-33-047 385 Sherman 20C 21600 70 0 $5334.66 124-33-055 2401 E1 Camino 14A 3953 22 14 $990.49 124-33-061 425 Sherman 20C 17752 74 0 $5014.50 124-33-065 VAC 5268 2441 Park 20C 1191 4 / 2 $169.60 124-37-002 2441 Park 20C 1211 4 3 $106.04 124-37-014 109 California 13C 1112 9 8 $119.86 124-37-029 26B 480 125 California 20C 1530 5 3 $181.87 124-37-032 151 California 20C 3201 10 3 $561.01 124-37-043