Report Prepared by: Ken Elwin, Director of Public Works and Venus Rodriguez, Finance Officer
Title
SUBJECT: Correct Typographical Errors on Fiscal Year 2020-21 Annual Special Tax Rate (Exhibit A) for Community Facilities District (CFD) No. 2003-2 (Services) of the City of Merced
REPORT IN BRIEF
Considers amending Exhibit A of Resolution No. 2020-28, authorizing the establishment of Annual Special Tax Rates for Fiscal Year 2020-21 to correct typographical errors for Improvement Areas 12 and 26.
RECOMMENDATION
City Council - Adopt a motion approving Resolution 2020-47, a Resolution of the City Council of the City of Merced, California, acting as the legislative body of the Community Facilities District No. 2003-2 (Services) of the City of Merced, amending Resolution No. 2020-28 to correct Exhibit A thereto relating to the Annual Special Tax for said district for Fiscal Year 2020-2021.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, subject to other than recommended by staff (identify); or,
3. Deny; or,
4. Refer back to staff for consideration of specific items as requested by Council; or,
5. Continue to a future meeting.
AUTHORITY
Correct a typographical errors in Exhibit A of Resolution No. 2020-28, which sets the Annual Special Tax Rates for Fiscal Year 2020-2021 for Community Facilities District No. 2003-2 (Services) (the "District") pursuant to City's Ordinance 2144, and Chapter 2.5 (commencing with Section 53311) of Part 1 Division 2 of Title 5 of the California Government Code (the "Act"), commonly known as the "Mello-Roos Community Facilities Act of 1982."
CITY COUNCIL PRIORITIES
As provided for in the 2020-21 Adopted Budget.
DISCUSSION
The Community Facilities District No. 2003-2 (Services) was formed to ensure funding is available for services in areas that are considered new growth. Special tax is collected and used to pay for all or portions of the following services: police and fire protection services, maintenan...
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