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"special benefits" to the assessed parcels. <br />5. Administration and Operations <br />Included in the Administration component are the costs for an Executive Director, Marketing & <br />Promotions Coordinator, office support staff, office expenses, legal fees, accounting /bookkeeping <br />fees, and Directors & Officers and General Liability insurance. <br />Each of these programs and activities work together to create a more pleasing environment within the District that is <br />conducive to strengthening the current and future economic vitality of this area through the attraction and retention of <br />new business, increased commerce and enhanced livability for residents. The programs, improvements and services <br />are designed to specifically benefit identified properties within the modified CMD boundaries. The proposed CMD <br />assessments will only be levied on identified properties within the modified CMD boundaries and assessment <br />revenues will be spent to deliver services that provide a direct and special benefit to assessed parcels and to improve <br />the economic vitality of these properties. <br />CBD programs and activities, in accordance with Article 13D Section 4 of the California State Constitution confer a <br />combination of general and special benefits. Only program benefits which are attributed to special benefits conferred <br />on the identified parcels can be funded through assessments. A portion of the program costs are considered <br />attributable to general benefits and must be assigned a value. Similar to the manner in which liquidated damages for <br />delays in public works projects are considered indeterminable and set at a fixed amount per day, the exact value of <br />general benefits in an assessment district is precisely indeterminable and instead shall be set at a fixed percentage of <br />district costs. It is the opinion of this Engineer that because all of the proposed programs and services are <br />supplemental in nature and are limited to identified parcels only within the proposed district boundaries, that a <br />general benefit value will be set at 5% of the total adjusted costs. (Total adjusted costs include actual proposed <br />assessment district program costs plus any additional supplemental or matching program costs as well as applied <br />credits from sources such as start up grants, cash and in -kind service contributions for district formation and owners <br />association Board /Committee member service credits.) This leaves a value of 95% attributable to special benefit <br />related costs. Since the total program cost is estimated at $865,000 (see Year 3 Cost chart later in this Report), the <br />maximum special benefit portion which can be funded through property assessments is $821,750. Remaining costs <br />which are attributed to general benefits will need to be funded from other sources. (e.g. public /private matching <br />grants, startup grants, in -kind service contributions for district formation, startup volunteer credits or ongoing board <br />member volunteer credits). <br />Finding 3• From Section 4(a): "(Determine) the proportionate special benefit derived by each parcel in <br />9 <br />