• All
  • Businesses
  • Committees
  • Departments
  • FAQs
  • News
  • Resources
  • Events

{{item.title | truncate 40}}

{{item.description | truncate 130}}

{{item.categories.join(', ')}}
Sorry, there are no results matching your criteria.
Menu Close

Sparks City Council Meeting - CANCELLED 1/11/2016

General Business: 9.2

Title: Consideration and possible approval of reapportionment of assessments levied under Ordinance No. 2397 Local Improvement District No. 3 (Legends at Sparks Marina) Reapportionment No. 2.
Petitioner/Presenter: Neil C. Krutz, Deputy City Manager/Neil C. Krutz, Deputy City Manager
Recommendation: Staff recommends that the City Council approve the reapportionment of assessments as submitted by Staff.
Financial Impact: There is no financial impact to the City related to this action.
Business Impact (Per NRS 237):
    
A Business Impact Statement is not required because this is not a rule.
Agenda Item Brief:

The owners of 3 parcels within the improvement district have recorded parcel maps that deleted the 3 parcels and created 13 new parcels.  This change requires a reapportionment of the LID assessments.



Background:

Local Improvement District No. 3 was created by the City Council in 2008 to support development of the Legends at Sparks Marina Park.  At the time the LID assessments were distributed based on benefit to each parcel.  An initial reapportionment was approved by the City Council on November 8, 2010.  Since that time, the number of parcels and their configurations has changed, requiring reapportionment of the LID assessments.  Staff retained Stantec Incorporated, preparer of the original Engineer’s Report for the district, to conduct the reapportionment analysis.



Analysis:

The reapportionment report, in draft form until approval by the City Council, is attached to this staff report, and provides the analysis utilized to determine the new assessments.  The report complies with NRS 271.425.4 which requires the reapportioning assessment will not:

(a) Materially or adversely impair the obligation of the municipality with respect

to any outstanding bond secured by assessment; or

(b) Increase the principal balance of any assessment to an amount such that the

Aggregate amount which is assessed against a tract exceeds the minimum benefit

to the tract that is estimated to result from the project which is financed by the

assessment.

City staff is withholding recordation of the new parcel maps until the reapportionment report is approved by the City Council.  Once approval is obtained, the parcel maps will be recorded and Washoe County will assign parcel numbers to the new and reconfigured parcels.  Once those parcel numbers are created, the reapportionment report will be finalized, signed by Engineer and recorded with Washoe County.

 



Alternatives:

The City Council could direct staff to reassess the reapportionment analysis and return once any concerns have been addressed.



Recommended Motion:

I move to approve Reapportionment No. 2 to assessments levied under Ordinance 2397 Local Improvement District No. 3 (Legends at Sparks Marina).



Attached Files:
     LID No_ 3-_Reapportionment No 2_15_12_08_ DRAFT.pdf

Return To Meeting