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HomeMy WebLinkAbout04.c. Set public hearing re Smth Road Contractual Assessment District (CAD)POSITION PAPER Board Meeting Date: May 15, 2014 Subject: ESTABLISH JUNE 19, 2014 AT 2:00 P.M. AS THE DATE AND TIME FOR A PUBLIC HEARING TO RECEIVE COMMENTS ON CONFIRMING AND LEVYING FINAL ASSESSMENTS FOR SMITH ROAD CONTRACTUAL ASSESSMENT DISTRICT NO. 2012 -1, DIRECTING THAT THE 2014 -2015 ASSESSMENT BE COLLECTED ON THE CONTRA COSTA COUNTY TAX ROLL, AND CONSIDERING ADOPTION OF AN ORDINANCE (UNCODIFIED) TO ESTABLISH REIMBURSEMENT FEES FOR THE PROPERTIES WHICH COULD DIRECTLY CONNECT TO JOB 5773 assessments for each property can be determined. The Board will be requested to confirm and levy these final assessments and to authorize a Notice of Assessment. After being given an opportunity to pay off their CAD assessment in a lump sum without interest, property owners instead may choose to pay for sewer improvements over a ten -year period at six percent interest. Payments are to be collected by placing assessments on each property owner's tax bill. The Board must conduct a public hearing prior to considering placement of charges and assessments on the County tax roll for collection and to establish the reimbursement fees for new connectors to repay participants for covering non - participant costs. RECOMMENDED BOARD ACTION: Establish June 19, 2014 at 2:00 p.m. as the date and time for a public hearing to receive comments on confirming and levying final assessments for Smith Road CAD No. 2012 -1, directing that the 2014 -2015 assessment be collected on the Contra Costa County tax roll, and considering adoption of an ordinance (uncodified) to establish reimbursement fees for the properties which could directly connect to Job 5773. Page 2 of 2