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HomeMy WebLinkAbout05.a. (Handout)Item No. 5.a. Public Hearing for Vista Del Orinda CAD 2010 -2 Levying Final Assessment, Collecting on the County Property Tax Roll, and Establishment of Reimbursement Fees Russ Leavitt July 5, 2012 Central Contra Costa Sanitary District Background • One set of Final Assessments and Reimbursement Fees to be considered for approval: - District project 6499 - Vista Del Orinda • Public Hearing was set on May 26, 2012 • Affected Parties were notified by mail on June 15, 2012 • Notice of Hearing advertised in the Contra Costa Times and San Ramon Valley Times on June 7 and June 14, 2012 5Q. (Nandou-) 1 Final Assessments Total Project Cost = $166,440 Owners of six properties are initial participants Most assessments include a share of the project cost, a reimbursement to a downstream sewer project, and possibly a street lateral One participant (Assessment Number 10) agreed to cover the non - participant costs for the other participants Owners of four properties are non - participants, instead subject to paying a reimbursement fee upon connection. Vista Del Orinda CAD No. 2010 -2 Final Assessment Roll ASSESSMENT NUMBER PARCEL DESCRIPTION PREPAID AMOUNT 1 TAX ROLL ASSESSMENT AMOUNT (10-YR EQUAL PAYMENTS ) (2 1 265 -153 -019 -4 Not participating Not participating 2 265- 153 -010.3 $18,738 $2,518.98 3 265- 151.001 -4 Not participating Not participating 4 265- 140.006 -7 $18,738 $2,518.98 5 265 - 140.007 -5 Not participating Not participating 6 265- 140.008 -3 $17,738 $2,384.54 7 265- 140.004 -2 Not participating Not participating 8 265. 140.002 -6 $17,738 $2,384.54 9 265 - 140.003 -4 $16,344 $2,197.14 10 265- 130.015 -0 $82,720(3) $11,120.16 z Participant Payment Options Pay CCCSD the assessment in full by July 20, 2012. Begin financing the assessment on the County Property Tax Roll at 6% annual interest for up to 10 years. No pre - payment penalty for paying off financed amount before 10 years. t M 0H LW w` �. 0 a MlESfYFMT .o MIIYlEJI O :IO NfA �..•••• C.06E E1EM N. V, / BOUNDARY AND EXHZ ASSESSMENT NUMBERS A VISTA DEL ORINDA CAD NO 20102 01 Exhibit B VISTA DEL ORINDA CAD 2010 -2 REIMBURSEMENT FEES FOR DISTRICT PROJECT 6499 (1) Existing CAD Participants 6 Subtotal Project Cast (Total cost, less street lateral cost $166,440 - $3,000 = $163,440 for three participants) First Non -participant Connector (#7) 1!7 of Subtotal Project Cost $23,349 Second Non - participant Connector (#6) 1/6 of Subtotal Project Cost $20,430 Third Nan - participant Connector (#g) 1/9 of Subtotal Project Cost $16,160 Fourth Non - participant Connector (#10) 1110 of Subtotal Project Cost $16,344 (1) Reimbursement to Job 3254.2 owed separately. Recommendation • Conduct public hearing • Confirm and levy final assessments for Vista Del Orinda CAD No. 2010 -2 • Direct that outstanding 2012 -13 Assessments be collected on the County Property Tax Roll • Adopt an ordinance establishing the reimbursement fees for Vista Del Orinda CAD No. 2010 -2 • 4 yes votes are necessary 0 Questions ...? ��Sp-