DATE: January 10, 2017
TO: Board of Supervisors
SUBMITTED BY: Steven E. White, Director
Department of Public Works and Planning
SUBJECT: A Resolution of the Board describing Proposed Changes to the Assessment in Assessment District No. 284 ($5,403,750) to Secure Repayment of a Loan from the Clean Water State Revolving Fund to Finance Upgrades to the Wastewater Treatment Facility Serving Zone D of County Service Area No. 44 (Monte Verdi Estates)
RECOMMENDED ACTION(S):
TITLE
Adopt and authorize the Chairman to execute a Resolution describing proposed changes increasing and extending the assessment in Assessment District No. 284 ($5,403,750) to secure repayment of a loan from the Clean Water State Revolving Fund to finance upgrades to the wastewater treatment facility serving Zone D of County Service Area No. 44, preliminarily approving an engineer's report supplement, and setting the dates, times, and places of a public meeting and public protest hearing on the proposed changes.
REPORT
Approval of the recommended action enables the Board of Supervisors (Board), in accordance with the Municipal Improvement Act of 1913 (the 1913 Act) and Proposition 218, to conduct a protest hearing and assessment ballot proceedings wherein property owners within Zone "D" of County Service Area 44 (CSA 44D), Monte Verdi Estates, may indicate their support for, or opposition to, the proposed changes to the assessment in Assessment District 284 (AD 284), which would increase and extend the assessment from a maximum total amount of $2,833,627.50 over 20 years to a maximum total amount of $5,403,750 over 30 years. If the proposed changes are approved, each of the 125 parcels within CSA 44D will be subject to a lien for $43,230. The proposed increased and extended assessment is necessary to secure repayment of a State of California Clean Water State Revolving Fund (CWSRF) loan, proceeds of which, together with a grant, are to finance upgrades to the existing wastewater treatment f...
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