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HomeMy WebLinkAboutReso 2007-124 RESOLUTION NO. 2007-124 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO AN AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND NBS GOVERNMENT FINANCE GROUP, DBA NBS, FOR PROPOSITION 218 BALLOT SERVICES FOR CERTAIN OPEN SPACE DISTRlCTS AND AUTHORlZING THE MAYOR TO EXECUTE THE AMENDMENT WHEREAS, the City of Chula Vista and NBS Government Finance Group, dba NBS (NBS) entered into an Agreement dated May 10, 2005 where NBS agreed to assist the City with various tasks related to Assessment Districts, Mello- Roos, Community Facilities Districts, and Open Space Districts; and WHEREAS, that Agreement allows for the provision of Proposition 218 Compliance as an optional item; and WHEREAS, the City administers and maintains thirty-six (36) Open Space Districts (OSDs) and associated zones; and WHEREAS, these OSDs provide a financing mechanism to maintain the public open space areas associated with each particular development and were formed under the 1972 Landscaping and Lighting Act found in Streets and Highways Code sections 22500 et. seq.; and WHEREAS, OSDs 3, 7, 9, OSD 20 Zones 2, 4, 7, OSD 23 and Eastlake Maintenance District No. I (ELMD NO.1) Zones A and D have not received recommended levels of service due to lack of resources; and WHEREAS, the current maximum allowable assessment does not meet maintenance budget requirements for these OSDs; and WHEREAS, certain of these OSDs are operating at a deficit level and reserves have been exhausted and others of these OSDs' reserves are below the Municipal Code allowance because they have been subsidizing shortfalls and are projected to be exhausted in the near future; and WHEREAS, the City proposes to conduct a Proposition 218 ballot process to see if there is support for increasing the maximum allowable assessment in these OSDs; and WHEREAS, NBS can perform all aspects of the Proposition 218 ballot process; and WHEREAS, the Engineering Department's operating budget can accommodate up to $75,000 to fund the additional required Proposition 218 services to support the ballot process. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City ofChula Vista that it approves an amendment to an Agreement between the City of Chula Vista and NBS Government Finance Group, dba NBS for Proposition 218 ballot services for certain Open Space Districts and authorizes the Mayor to execute the Amendment. Resolution No. 2007-124 Page 2 Presented by Approved as to form ~2~?7-P Scott Tulloch Acting Assistant City Manager/City Engineer ~\\b~~ " Ann Moore City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City ofChula Vista, California, this 22nd day of May 2007 by the following vote: AYES: Councilmembers: Castaneda, McCann, Ramirez, Rindone, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl ~blp:t ATTEST: lJ~ t:~ f;e'-susan Bigelow, ~C, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2007-124 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 22nd day of May 2007. Executed this 22nd day of May 2007. J~ th~ ? Susan Bigelow, 'iVi:MC, City Clerk