03 Changes to the Rate And Method…Special Tax

Meeting Date 11/05/2018

Page 1

After the April 17, 2018 public hearing on the formation of the CFD, city staff met to discuss and evaluate the comments offered by the property owner of the Livingston Community Health Center located at the southwest corner of B Street and Winton Parkway. The property owner requested that the CFD special tax rates be lowered considering most of the land area of the property was for surplus parking and the rates are based on land area, yielding a burdensome amount of special tax. City staff felt the argument had merit and recommends lowering the overall special tax rates of the CFD, which encourages business development in the City, while maintaining the special tax rates at levels that are reasonable and justifiable based on cost. The new proposed special tax rates are included in the Amended Rate and Method of Apportionment of Special Tax shown in Exhibit B of the Resolution of Consideration.

After the adoption of the Resolution of Consideration to make changes to the Rate and Method of Apportionment of Special Tax for the CFD, the city shall publish a notice of public hearing upon the resolution which shall not be less than 30 or more than 60 days after the adoption of the resolution consideration.

Page 2

 

Page 3

 

Page 4

 

Page 5