On August 21, 2012, (M&C G-17654) the City Council adopted Resolution No. 4120-08-2012 establishing the Sun Valley Public Improvement District (PID). State law requires an annual report on the proposed budget and Five-Year Service Plan for the PID, which is attached. The general nature of the proposed improvements and/or services to be provided in the Sun Valley Public Improvement District shall include: - Supplemental security services;
- A Capital Improvements Program consisting of security-enhancing lighting, signage and other improvements;
- Web page development and maintenance; and
- A Management Program to provide for the administration, management and operation of the PID.
On February 3, 2009, (M&C G-16451) the City Council adopted guidelines for setting an administration fee structure for all public improvement districts. The City shall assess an annual administration fee equal to two percent of a district's annual assessments or in the amount of $2,000.00, whichever is greater. The proposed 2016 assessment rate on property subject to assessment in the Sun Valley PID is $0.27 per $100.00 of valuation. The proposed 2016 Assessment Roll for the Sun Valley PID will be filed with the City Secretary and available for public inspection during normal business hours at any time prior to the September 13, 2016 Public Benefit Hearing.
This M&C does not request approval of a contract with a business entity.
The Sun Valley PID is located in COUNCIL DISTRICT 5. |
