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11B - ORD MANAGEMENT DISTRICTS
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08/18/2008
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11B - ORD MANAGEMENT DISTRICTS
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Last modified
1/3/2012 4:28:50 PM
Creation date
8/13/2008 9:35:03 AM
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City Clerk
Doc Type
Agenda Packet
Item #
11B
Date
8/18/2008
Destruction Year
2013
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<br />this part prohibits the boundaries of a district created pursuant to this part to <br />overlap with other assessment districts established pursuant to other provisions <br />of law; <br /> <br />(d) The services, improvements and activities proposed for each year <br />of operation of the district and the maximum cost thereof; <br /> <br />(e) The total annual amount proposed to be expended for services, <br />improvements, maintenance and operations, and debt service in each year of <br />operation of the district; <br /> <br />(f) The proposed source or sources of financing including the <br />proposed method and basis of levying the assessment in sufficient detail to allow <br />each property or business owner to calculate the amount of the assessment to <br />be levied against his or her property or business. The plan shall also state <br />whether bonds will be issued to finance improvements; <br /> <br />(g) The time and manner of collecting the assessments; <br /> <br />(h) The specific number of years in which assessments will be levied, <br />the maximum number of which shall be ten (10). Notwithstanding these <br />limitations, a district created pursuant to this Article to finance capital <br />improvements with bonds may levy assessments until the maximum maturity of <br />the bonds. The management district plan may set forth specific increases in <br />assessments for each year of operation of the district; <br /> <br />(i) The proposed time for implementation and completion of the <br />management district plan; <br /> <br />0) Any proposed rules and regulations to be applicable to the district; <br /> <br />(k) A list of the properties or businesses to be assessed, including the <br />assessor's parcel numbers for any properties to be assessed, and a statement of <br />the method or methods by which the expenses of a district will be imposed upon <br />benefited real property or businesses, in proportion to the benefit received by the <br />property or business, to defray the cost thereof, including operation and <br />maintenance. The plan may provide that all or any class or category of real <br />property which is exempt by law from real property taxation may nevertheless be <br />included within the boundaries of the district but shall not be subject to <br />assessment on real property; <br /> <br />(I) Any other item or matter required to be incorporated therein by the <br />City Council; and, <br /> <br />11 B-6 <br />
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