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HomeMy WebLinkAboutResolution No. 4329, establishing a 20% increase to Street Maintenance District Assessments for Fiscal year 2012.pdf Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Carol Neibauer, Assistant Treasurer Laurae Clark, Treasurer Chris Kukulski, City Manager SUBJECT: Resolution 4329 / establishing a 20% increase to Street Maintenance District Assessments for FY2012. MEETING DATE: July 25, 2011 AGENDA ITEM TYPE: Action RECOMMENDATION: Adopt Commision Resolution No. 4329/establishing a 20% increase in Street Maintenance District Assessments for FY2012, making the assessment rate $0.014180 per assessable square foot. BACKGROUND: The City Manager’s Recommended Budget included a 20% increase in Street Maintenance Assessments. This increase was attributed to: · Total 10% for Operations, including Debt Service on South 8th Avenue. · 2% increase in our Reserve for Curbs. · 8% increase to establish a Reconstruction Reserve. On July 18, 2011, the Commission is scheduled to review the Street Maintenance District Recommended Budget. Because of the timing of that meeting and this memo, we are preparing the Resolution and advertising the full 20% increase. The Commission will have the opportunity to adopt the full recommended increase, or a smaller amount, if they desire. UNRESOLVED ISSUES: None ALTERNATIVES: As suggested by the City Commission. FISCAL EFFECTS: The Street Maintenance District Assessment rate will increase 20% over last year’s rate, resulting in the following: Total Street Maintenance Assessments Collected, est. $2,665,248.08 Total Increased Dollars (20%) to Street Maintenance District Fund, est. $443,854.00 Annual Assessment, Average Residential Lot (7,500 sq ft) $106.35 Annual Increase (20%), Average Residential Lot (7,500 sq ft) $17.70 Attachments: Resolution No. 4329 Report Compiled on: July 14, 2011 168 1 of 3 COMMISSION RESOLUTION NO. 4329 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, LEVYING AND ASSESSING A SPECIAL ASSESSMENT FOR FISCAL YEAR 2012 UPON ALL REAL PROPERTY IN THE CITY OF BOZEMAN, COUNTY OF GALLATIN, STATE OF MONTANA, TO DEFRAY THE COST AND EXPENSE INCURRED IN THE CITY-WIDE STREET MAINTENANCE DISTRICT IN THE CITY OF BOZEMAN AND TO EXTEND THE BOUNDARIES OF SAID DISTRICT TO ENCOMPASS ANNEXED PROPERTIES. WHEREAS, the City Commission of the City of Bozeman did on the 16th day of July 1990, following notice and public hearing, regularly pass Commission Resolution No. 2803 entitled: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, CREATING A CITY-WIDE MAINTENANCE DISTRICT FOR ALL STREETS, ALLEYS AND PUBLIC PLACES LOCATED WITHIN THE CITY’S CORPORATE LIMITS AND REPEALING COMMISSION RESOLUTION NOS. 1650, CREATING SPRINKLING DISTRICT NO 5; 1651, CREATING SPRINKLING DISTRICT NO 6; 1652 CREATING SPRINKLING DISTRICT NO 7; 1653, CREATING SPRINKLING DSITRICT NO 8; AND 1654, CREATING SPRINKLING DISTRICT NO 9. Which Commission Resolution No. 2803, passed as aforesaid is hereby referred to and made a part of this Resolution for further particulars in respect to the basis and method of assessing the cost against property herein assessed; and WHEREAS, Commission Resolution No. 2803 further provides that said special assessments shall be made, levied, and collected in the same manner as are other special assessments and levies of the City of Bozeman; and WHEREAS, Section 7-12-4403, Montana Code Annotated, allows the district boundaries to be changed by resolution; and WHEREAS, the district boundaries are the city corporate limits, to include all annexed property as of the date of this resolution, excluding Story Hills; and 169 Resolution No. 4329, Street Maintenance Assessments, FY12 2 of 3 WHEREAS, to defray the costs of street maintenance for the coming assessment year, the Commission must now establish an assessment to be levied for said services. NOW, THEREFORE, pursuant to the provisions of said Commission Resolution No. 2803 and the laws of the State of Montana, BE IT RESOLVED AND IT IS HEREBY ORDERED BY THE COMMISSION OF THE CITY OF BOZEMAN, STATE OF MONTANA: Section 1 That to defray the estimated cost and expense of the maintenance of streets, alleys and public places located within the maintenance district, which is hereby extended to include the city’s corporate limits existing as of the date of this resolution, excluding Story Hills, for Fiscal Year 2012, there is hereby levied and assessed against the assessable area of the several lots, pieces and parcels of land benefited by the maintenance district within the City of Bozeman as set for the in Schedule A, attached hereto and by this reference made a part hereof, which describes each lot or parcel of land with the name of the owner and/or owners, if known, and the amount assessed against the same; that the several sums set opposite the names of said owners and the described lots and parcels of land, are hereby levied and assessed upon and against said lots and parcels of land for said purpose; that the several sums be collected from the respective owners of said lots and parcels of land described in said assessments list and owned by them; that the said sums shall be paid and the collection thereof be made in the manner and in accordance with Commission Resolution No. 2803 of the City of Bozeman, Montana, and the laws of the State of Montana governing the collection of maintenance district assessments; that failure to pay such assessment when the same shall become due and payable shall make such persons and such lots and parcels of land liable to the penalties provided by law relative to delinquent taxes and assessments; and that the November assessments shall become delinquent at 5:01 p.m. on November 30, 2011, and the May assessments shall become delinquent at 5:01 p.m. on May 31, 2012. Section 2 That the per-square-foot assessment rate in said maintenance district shall be 0.01418, with caps for residential lots at 1 ½ times the minimum lot size for said residential district, as zoned on December 31, 2004; and for non-conforming residences located in commercial and industrial zoning districts without any commercial or industrial use attached, at 1 ½ times the minimum lot size for an R-2 zoned lot; and for Public Lands and Institutions properties at 25 percent of the total square footage of the parcel. The minimum assessment will be $3.50. 170 Resolution No. 4329, Street Maintenance Assessments, FY12 3 of 3 Section 3 That this assessment be levied for the fiscal year of July 1, 2011 through June 30, 2012, and be billed in October 2011 as are all other special assessments. Section 4 That the regular session of the Commission of the City of Bozeman, Montana to be held at City Hall, 121 N. Rouse Ave, Bozeman, Montana, on the 25th day of July at 6:00 p.m., and the same is hereby designated as the time and place at which objections to the final adoption of the Resolution will be heard by said Commission. Section 5 That the City Clerk of the City of Bozeman, did publish in the Bozeman Daily Chronicle a Notice signed by the City Clerk, stating that a Resolution levying and assessing a special assessment to defray the cost and expense of maintenance of all streets, alleys, and public places located within the City’s corporate limits for the Fiscal Year 2012, against the property on which such service was rendered, is on file in the office of the City Clerk and subject to inspection for a period of six (6) days; that said notice shall state the time and place at which objections will be heard by the Commission to the final adoption of the Resolution, and, that said Notice shall be published at least five (5) days before the date set by the Commission for hearing objections and final adoption of this Resolution. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana at a regular session thereof held on the 25th day of July 2011. __________________________________________ Jeffrey K. Krauss Mayor ATTEST: ______________________________ Stacy Ulmen, CMC City Clerk APPROVED AS TO FORM: __________________________________________ Greg Sullivan City Attorney 171 EXAMPLE:  Street Reconstruction 2 Years of Increases  ‐ 8% Year 1, 10% Year 2Capital Improvement PlanFinancial Summary Current YearFY12 FY13 FY14 FY15 FY16 FY17UnscheduledProjected Beginning Reserve Balance Dedicated to CIP‐$                 213,270$            618,897$        811,136$       565,221$      1,181,387$       Plus:  Street Maintenance Assessments Dedicated 213,270$        580,627$            592,239$        604,084$       616,166$      628,489$           Less:  Scheduled CIP Project Costs(175,000)$          (400,000)$       (850,000)$       ‐$               (1,000,000)$   (2,060,000)$     Projected Year‐End Cash Dedicated to CIP 213,270$        618,897$            811,136$        565,221$       1,181,387$   809,876$       (2,060,000)$     Assumptions Made for Revenue Estimates: Current YearFY12 FY13 FY14 FY15 FY16 FY17Estimated Annual Wastewater Impact Fee Revenues 2,665,872$        2,932,459$            3,225,705$       3,290,219$      3,356,024$      3,423,144$         Estimated Annual Increase 20.0% 10% 2% 2% 2% 2%Total Estimated Revenues 533,174$           3,225,705$            3,290,219$       3,356,024$      3,423,144$      3,491,607$       Current Revenues Dedicated to CIP % 0.0% 8.0% 18.0% 18.0% 18.0% 18.0%  Plus:  Increase Dedicated to Reconstruction8.0% 10.0%0.0% 0.0% 0.0% 0.0%  Total % Dedicated to CIP 8.0% 18.0% 18.0% 18.0% 18.0% 18.0%ProjectedProjectedTotal Estimated Revenues Dedicated to CIP 213,270$           580,627$               592,239$          604,084$          616,166$         628,489$          2,500,0002,000,0001,500,0001,000,000500,0000FY13 FY14 FY15 FY16 FY17 UnscheduledStreet Reconstruction Projects  EXAMPLE:  Street Reconstruction 3 Years of Increases  ‐ 6% Each YearCapital Improvement PlanFinancial Summary Current YearFY12 FY13 FY14 FY15 FY16 FY17UnscheduledProjected Beginning Reserve Balance Dedicated to CIP‐$                 213,270$            397,715$        580,016$       323,962$      929,788$          Plus:  Street Maintenance Assessments Dedicated 213,270$        359,445$            582,301$        593,947$       605,826$      617,942$           Less:  Scheduled CIP Project Costs(175,000)$          (400,000)$       (850,000)$       ‐$               (1,000,000)$   (2,060,000)$     Projected Year‐End Cash Dedicated to CIP 213,270$        397,715$            580,016$        323,962$       929,788$      547,730$       (2,060,000)$     Assumptions Made for Revenue Estimates: Current YearFY12 FY13 FY14 FY15 FY16 FY17Estimated Annual Wastewater Impact Fee Revenues 2,665,872$        2,825,824$            2,995,374$       3,235,004$      3,299,704$      3,365,698$         Estimated Annual Increase 18.0% 6% 8% 2% 2% 2%Total Estimated Revenues 479,857$           2,995,374$            3,235,004$       3,299,704$      3,365,698$      3,433,012$       Current Revenues Dedicated to CIP % 0.0% 6.0% 12.0% 18.0% 18.0% 18.0%  Plus:  Increase Dedicated to Reconstruction6.0% 6.0% 6.0%0.0% 0.0% 0.0%  Total % Dedicated to CIP 6.0% 12.0% 18.0% 18.0% 18.0% 18.0%ProjectedProjectedTotal Estimated Revenues Dedicated to CIP 159,952$           359,445$               582,301$          593,947$          605,826$         617,942$          2,500,0002,000,0001,500,0001,000,000500,0000FY13 FY14 FY15 FY16 FY17 UnscheduledStreet Reconstruction Projects  STREET RECONSTRUCTIONSEXAMPLE CIP SCHEDULECIP Description FY13 FY14 FY15 FY16 FY17 UnscheduledREC01 Durston (Ferg to Fowler)640,000$ REC02 Baxter (Davis to Buckrake) 520,000$ REC03 Baxter (19th to Buckrake) 175,000$ REC04 Story (Church to Tracy) 400,000$ REC05 Grand (Olive to Garfield) 850,000$ REC06 Olive (Church to 8th)1,000,000$ REC07 Baxter Lane (West of N 7th Ave)900,000$ 175,000$ 400,000$ 850,000$ -$ 1,000,000$ 2,060,000$