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HomeMy WebLinkAbout02. Reso of Formation to establish a Downtown Downey Community Benefit DistIL 111 NU. APPROVED BY COUN�ITY MANAGER TO: L HONORABE MAYOR AND MEMBERS OF THE CITY JLl FROM: OFFICE OF THE CITY MANAGER BY: ALDO E. SCHINDLER, DIRECTOR OF COMMUNITY DEVELOPMEN DATE: JULY 24, 2018 SUBJECT: RESOLUTION OF FORMATION TO ESTABLISH THE DOWNTOWN DOWNEY COMMUNITY BENEFIT DISTRICT It is recommended the City Council take the following actions related to the proposed Powntown Downey Community Benefit District: 1 . Conduct a public hearing; 2. At the conclusion of the public hearing, direct the City Clerk to canvass the ballots', 3. Receive and file the Community Benefit District ballot results; and majority protest does not exist, adopt a Resolution of Formation reflecting the modified boundaries and forming the Downtown Downey Community Benefit District. As referenced in the Downtown Specific Plan— Implementation Recommendations, the City has pursued a goal to create and formalize an Improvement District to facilitate improvement of the appearance and overall health of Downtown. With the rapid growth of Downtown Downey, staff has found an increase in the demand for certain services downtown, including street sweeping, steam cleaning, security, public art, etc. While the City currently provides regular general services to the downtown area, it is essential that alternative sources be studied to provide continued funding for special services the downtown requires to maintain its vitality. Since the adoption of the California Property Business Improvement District Legislation of 1994, which enables localities to establish Community Benefit Districts (CBDs), CBDs have been embraced as critical tools to expedite revitalization of downtown areas and have been successfully adopted throughout the State of California. On June 7, 2018, City Council received and filed the CBD petition results which indicated that a total of 30.24% of the total assessments under the CBD were supportive of the CBD formation. The amount exceeded the 30% threshold and permitted the City Council to adopt the Resolution of Intention to form the CBD. At the same meeting, City Council approved the Downtown Downey Community Benefit District 2018 Management District Plan (Management District Plan) and Assessment Engineer's Report (Engineer's Report), and directed the City Clerk to mail ballots to the proposed CBD property owners. There are 82 parcels identified in the proposed CBD, and ballots were mailed on June 8, 2018, along with the Management District Plan and RESOLUTION OF •. • TO ESTABLISH ]j1+W"&ftA 14rWAret-V1YMW0Wrrf iSEWEMT ITSTRYCY J U LY 24, 2018 PAGE 2 Engineer's Report, a cover letter, notice of public hearing, and ballot instructions (Attachment B), official ballot, and return envelopes. Recipients were notified that in order to be counted, ballots must be returned not later than the close of the public hearing on July 24, 2018; The time frame provided more than the 45 days required by law. Since then, staff has continued to assess the purpose and boundaries of the CBD. Recent consideration was given to the newly created residential units (Village Walk) built in the downtown at the westernmost boundary of the CBD. The timing of the completion of the residential development, occupancy of the owners, and formation of the CBD are problematic, as it did not provide staff the time to adequately communicate the role of the CBD, and did not provide the new condo owners time to digest and understand the CBD. Therefore, staff is recommending removing this new residential development from the CBD. This action then creates a jagged and unruly new CBD western boundary. _After further study, staff believes the properties to the north and south of the Village Walk should also be removed from the CBD, as they are uses that will not benefit from the CBD. This modification of the boundaries would remove 31 parcels from the proposed CBD. The modified CBD map is included in the updated Management District Plan and Engineer's Report. The concept of the CBD is to provide the downtown property owners with finances to better control and fund special events, marketing, promotional activities, public space development, security, beautification, property enhancements, and a property owner led governance body for the administration of the services. All of the proposed services and improvements benefit the property owners located in the downtown district. If approved, the CBD would raise $232,385 annually for the downtown. Consequently, many cities have adopted districts allowing motivated propertyowners to pay assessments to fund CBDs. These special benefit assessments are the most efficient and effective funds to be paid, since they must stay in the CBD and are managed by a locally based non-profit corporation made up of those being assessed. In order for downtown property owners to form a CBD, the City Council must adopt an enabling ordinance, which occurred at the October 13, 2015 City Council meeting; approve a Resolution of Intention which occurred on June 7, 2018; allow a 45 -day period for mail -in ballots by the affected property owners of the proposed CBD; then hold a public hearing before the City Council for public comments and the collection and tally of the vote of the property owners within the proposed district. The City's CBD consultant, New City America, and City staff have been conducting outreach and working with the downtown property owners to determine the feasibility of forming a property assessment district. Staff have mailed various correspondence soliciting feedback from the downtown property owners, spoken with them and formed a Steering Committee of interested property owners to discuss the feasibility of forming a property assessment district. The Steering Committee has met numerous times since 2015, and discussed the proposed district boundaries, costs, functions and budget categories. The City Council Downtown Subcommittee has also received numerous updates on this topic. The next step in proceeding with the establishment of a CBD is the tally of the ballots, and if a majority protest does not exist, approval of the Resolution of Formation to establish the downtown CBD and levying assessments. The proposed Resolution reflects the amended RESOLUTION OF • • i• ESTABLISH �i • �• i JULY 24, 2018 PAGE 3 boundaries as described above and acknowledges the appropriate steps as dictated by the City of Downey and the State of California were followed. In order to approve the Resolution of Formation the following must occur: Public Hearing and Ballot Tabulation' The public hearing, which is required by the California Government Code, gives property owners an opportunity to voice their opinionregarding the formation of the CBD and cast their ballot for or against the formation of a CBD in a public forum. Ballots are accepted until the close of the public hearing. At the close of the public hearing, the balloting agenda item will be recessed. At that time, ballots will be opened and tabulated in public. The tabulation is weighted based on the value of the total assessment. The owners of the largest properties, with bigger buildings and more street frontage, will be subject to paying more into the District, and will therefore have their votes count in proportion to what they will pay. After all ballots are processed, the agenda item will resume and the final ballot count will be announced. If the weighted ballots in favor of the formation of the District exceed those in opposition, the City Council may adopt a Resolution of Formation (Attachment "A") that levies the assessments on the benefitting parcels in the proposed CBD boundaries as modified. The City then informs the Los Angeles County Assessor's Office to levy the assessments on the next cycle of property tax bills consistent with the amounts listed in the amended Management District Plan and Engineer's reports (Attachment A). In light of staff's recommendation to modify the boundaries as described above, with the direction of the City Council, the ballots will be tallied excluding the ballots that may have been submitted by the property owners of the 31 parcels to be excluded from the boundaries of the proposed CBD. Budget The Management District Plan includes a budget of $232,385 funded by assessments on all properties in the Downtown Downey CBD. The funds will provide enhanced services, articulated in the Management District Plan, over and above baseline services provided by the City General Fund. Net Stepp The City Council's resolution shall authorize the City Manager to amend the database, based upon verified factual submissions, to ensure the most up-to-date data and related proportional assessments have been transferred to Assessor's Office prior to the assessment roll deadline in August 2018. If the CBD is approved, the assessments will then appear as a line item on the property tax bills and will be separated and sent to the City for processing. The CBD will then need to establish a management entity to administer the CBD. Once an account has been established and a RESOLUTION OF FORMATION TO ESTABLISH TWL 11AWAT11WA 11 S-TRYC JULY 24, 2018 PAGE 4 contract is in place with the designated management corporation, the CBD assessments will be transferred to the nonprofit management corporation for allocation of the assessments in accordance with the Management District Plan. Staff will return, on a date to be determined, to the City Council for approval of the contract with the nonprofit management corporation for administration of the CBD. It is anticipated that the CBD Steering Committee will begin work immediately on nonprofit corporation and establishment of an interim Board of Directors once the public hearing has been concluded and the Resolution of Formation has been adopted. An agreement with the interim Board of the new nonprofit management corporation will likely take 90-120 days. In the meantime, City staff will work closely with the CBD Steering Committee to ensure the work of establishing and executing this new program proceeds effectively and efficiently. A Downtown Downey Community Benefit District could raise nearly $232,385` annually that would be reinvested into making Downtown Downey thrive. Similar districts have produced a return on investment in the form of higher sales, higher rents, and higher property values. Should the balloting result in weighted majority support, the Downtown Downey CBD could be adopted and move to the implementation stage. COUNCILDITY • Economic Vibrancy FISCAL IMPACT The City's contribution to the Downtown Downey Community Benefit District will be $49,066.96 of property taxes from City and City of Downey Community Development Commission — Housing Successor Agency owned property. ATTACHMENTS Attachment A Resolution of Formation to establish the Downey Community Benefit District as modified (including modified Management District Plan and Assessment Engineer's Report) Attachment B — Cover Letter, Notice of Public Hearing, and Ballot Instructions A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DONEY, FORMING THE DOWNTOWN DOWNEY COMMUNITY BENEFIT DISTRICT AND LEVYING ASSESSMENTS THEREWITH WHEREAS, on October 27, 2015, the City Council of the City of Downey (City) adopted Ordinance No. 15-1346 (Ordinance), the City's Downey Community Benefit District Procedural Ordinance, authorizing the City to establish Community Benefit District (CBD) to enhance the security, safety, appearance, and economic viability within such districts; WHEREAS, the Ordinance authorizes the City to levy and collect assessments on real property within such districts for the purpose of providing improvements and promoting activities that specially benefit real property within such districts; WHEREAS, the Ordinance authorizes the City to use the procedures set forth in the Property and Business Improvement District Law of 1994 (Streets & Highways Code sections 36600, et seq.) (PBID Law) as modified by the Ordinance for purposes of forming an assessment district; WHEREAS, Articles XIIIC and XIIID of the California Constitution and Section 53753 of the California Government Code (Proposition 218 Omnibus Implementation Act) also impose certain procedural and substantive requirements relating to the notice, protests and hearing requirements pertaining to new or increased assessments; WHEREAS, Section 3007 of the Downey Municipal Code initiates the proceedings to form a new Community Benefit District with the submittal of written petitions that have been received from property owners within the area of the proposed CBD in Downey requesting the City Council to initiate proceedings pursuant to Chapter 14 of the Downey Municipal Code and establish a Downtown Downey Community Benefit District; WHEREAS, inclusive of the properties owned by City of Downey Community Development Commission - Housing Successor Agency, such petitions were signed by property owners in the proposed CBD who will pay more than thirty percent (30%) of the assessments proposed to be levied and such petitions were provided to the City Council at their meeting on June 7, 2018; WHEREAS, -a Management District Plan entitled the "Downtown Downey Community Benefit District 2018 Management District Plan" ("Management Plan") for the proposed Downtown Downey CBD has been prepared and contains all of the information required by the Ordinance, including, but not limited to, a description of the boundaries of the proposed CBD, the special benefit improvements and activities and an assessment amount for every parcel within the CBD. WHEREAS, on June 7, 2018, the City Council adopted Resolution No. 18-7808, a resolution of the City Council of the City of Downey, California, declaring its intention to establish the Downtown Downey Community Benefit District and to levy and collect assessments within said district pursuant to Chapter 14 of the City of Downey Municipal Code pertaining to the formation of a community benefit district, RESOLUTION NO. PAGE 2 and calling an assessment ballot proceeding, authorizing the City Manager to sign the petition and the ballot, and establishing a time and place for a public hearing on July 24, 2018; WHEREAS, as directed by Resolution No. 18-7808, on June 8, 2018, no less than 45 days prior to the public hearing, the City Clerk mailed to 70 record owners of affected parcels a ballot packet including: a notice of July 24, 2018 public hearing on the formation of the Downtown Downey Community Benefit District, a ballot with the proposed assessment amount, ballot instructions, Management District Plan, Assessment Engineer's Report ("Engineer's Report"), and other data describing the process, as required by Article XI II D, Section 4 of the California Constitution and Section 53753 of the Government Code; WHEREAS, on July 24, 2018 at 6:30 pm or as soon thereafter as was practicable, in the City Council Chamber, the City Council held a public hearing, at which it heard and considered oral and written testimony from all interested persons. WHEREAS, the City Council directed that the proposed boundaries of the Downtown Downey CBD, be amended to exclude 31 parcels that will not receive a special benefit from the District's projects and activities under Streets and Highways Code section 36624, as are shown in the amended Management Plan that is attached hereto as Attachment A; WHEREAS, following the public input portion of the Public Hearing, all assessment ballots submitted by property owners within the amended boundaries of the District that had been returned to the City and received prior to the end of the public hearing, and not withdrawn, were tabulated pursuant to the procedures set forth in Resolution No. 18-7808 and applicable law; WHEREAS, based on the Assessment Ballot Proceeding Results tabulation attached hereto as Attachment B, the City Council determined that a majority protest, as defined by Article XIII D, Section 4(e) of the California Constitution and Section 53753 of the California Government Code, does not exist with respect to the assessment proposed in connection with the Downtown Downey Community Benefit District; and WHEREAS, the property within the amended area of the CDB will be benefitted by the improvements and activities funded by the assessments levied in connection with the CBD. The assessment against each parcel does not exceed the reasonable cost of the proportional special benefit conferred on that parcel NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DONEY, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The above recitals are true and correct. SECTION 2. Pursuant to Chapter 14 of the of the Downey Municipal Code (Ordinance No. 15-1346) which incorporates provisions of Section 36621 of the PBID Law, the Downtown Downey Community Benefit District (CBD) is hereby formed. SECTION 3. The City Council hereby approves the Downtown Downey Community Benefit District 2018 Management District Plan, as amended, and Engineer's Report, as amended, for the proposed Downtown Downey CBD, which amended Management Plan and amended Engineer's Report are attached hereto as Attachment A. RESOLUTION NO PAGE.3 SECTION 4. The amended boundaries of the CBD described in the amended Management Plan generally encompass the core commercial areas of Downtown Downey from 3rd and 4th Streets on the north to Union Pacific Railroad Right -of -Way on the south and from Brookshire Avenue on the east to LaReina Avenue on the west. SECTION` 5. The proposed activities of the CBD as set forth in the amended Management Plan include special events, private security, beautification, marketing, promotional activities, public space development, enhancement for property owners, street sweeping, steam cleaning, public art and administration of the services and an appropriate contingency/reserve. All proposed services and improvements will provide a special benefit to businesses and real property located within the CBD and shall not be provided outside the district or for any purpose other than the purposes specified in the Resolution of Intention. Notwithstanding the foregoing, improvements and activities that must be provided outside of the district boundaries to create a special or specific benefit to the assessed parcels may be provided, but shall be limited to marketing and signage pointing to the district. SECTION 6. The assessments will be levied on the parcels located within the amended district boundaries and no bonds will be issued. SECTION 7. The activities, as set forth in Section 5 herein, of the Downtown Downey CBD will be funded by a total assessment levied and collected within the proposed Downtown Downey CBD for fiscal year 2018-19 of approximately $232,385. - Section 7 of theamendedManagement Plan sets forth the proposed Downtown Downey CBD annual assessment amount by Assessor's Parcel Number. The amount to be levied and collected for subsequent years may be increased by an amount not to exceed five percent (5%) per year as approved by the Board of Directors of the CBD. SECTION 8. The duration of the new CBD shall be no greater than specified in the Resolution of Intention for the CBD, and shall in no event be in excess of twenty (20) years. SECTION 9 For a complete description of the CBD, its boundaries and activities, total amount of special benefits to be conferred on the real property and businesses in the district, as well as complete description of the assessment authorized in connection with the Downtown Downey CBD, reference is made to the amended Downtown Downey Community Benefit District Management District Plan, and the amended CBD Engineer's Report, each of which are attached hereto, and will be available on file in the City Clerk's Office, available for public inspection, and incorporated herein by reference. The amended Management Plan and amended Engineer's Report are hereby approved. Properties in the Downtown Downey CBD shall be subject to any amendments to the PBID Law. SECTION 10. The adoption of this Resolution constitutes the levy of the assessment, as amended, in each of the fiscal years; however, each year's levy shall be conditioned on the approval, by resolution, of an annual report pursuant to Section 36650 of the PBID Law. The approval of such report is at the discretion of the City Council. SECTION 11. The City Clerk is hereby authorized and directed to record the notice of assessment required by Section 36627 of the PBID Law. RESOLUTION NO. SECTION 12. This resolution shall take immediate effect. SECTION 13. The City Clerk shall certify to the passage and adoption hereof. MARIA ALICIA DUARTE, CMC City Clerk HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a RegularMeeting held on the 24th day of July, 2018, by the following vote, to wit: AYES: Council Members: NOES: Council Member: ABSENT: Council Member: ABSTAIN:; Council Member: MARIA ALICIA DUARTE, CMC City Clerk RESOLUTION NO:. PAGE 5 Attachment A Amended ManagementDistricti the AssessmentReport H[W,t(ITY 1h Final Plan —July 12 1 2018 WON New City America, Inc. and The Downtown Downey CBD Steering Committee New England • 42 Pearl Street, i New Bedford, MA 6 02740 F rphv,• 1 Downtown Downey Community Benefit Districl Management District Plan Table of Contents Section Number 1. Management District Plan Summary 3. District Improvement and Activity Plan M... ,, 0, 1111 1011 1 1 6. Implementation Timetable Attachment: A. Engineer's Report N N11 W1 IN 9N FN The name of this Community Benefit District is the Downtown Downey Community Benefit District (the "CBD"). The District is formed under Article 2, Chapter 14 of the Downey Municipal Code (entitled "Community Benefit Districts" and hereinafter referred to as the "Ordinance") and section 400 of the Downey City Charter. The proposed Downtown Downey CBD serves to improve the individual parcels, attract new customers to their businesses, increase sales, increase occupancies and enhance the benefitting individual parcels within the CBD. The proposed CBD seeks to fund the special benefits that will be provided over the next fifteen years, based upon keeping the greater Downtown Downey area clean, safe, orderly, attractive, well marketed with special events and programs, and increase commerce within the boundaries. Since last summer, a Downtown Downey group consisting of property owners has worked to gauge support within the community fora new Special Benefit District for both the Downtown Downey property owners and business community. The City of Downey has hired New City America - specializing in Special Benefit District formation and management throughout the - Country - to work with the property owners to investigate the viability of a CBD in Downtown. Following meetings conducted last summer, the newly -formed Downtown Downey CBD Steering Committee approved and mailed out a survey to Downtown property owners, informing them that once New City America had received a reasonable number of responses, updates would be sent out regarding the survey results. This newsletter outlines the continuation of a series of communication pertaining to the proposed CBD. Changes in Downtown Downe In 2011, the State Legislature dismantled 408redevelopment agencies, redirecting the flow of funds back to the counties, and school districts; rather than reinvesting back into cities. The California League of Cities filed a lawsuit to stop this elimination, resulting in a 2012 California Supreme Court ruling ceasing the operations of all redevelopment agencies by February 2013. Consequently, the method of financing used previously by the City of Downey to fund Downtown improvements no longer existed. In the past, the opportunity to fund pedestrian lighting, new sidewalks, and public improvements in Downtown Downey has typically been through this redevelopment tax -increment financing. 3 The investigation of a new Downtown Downey CBD centered on these four questions: How do property owners make sure that... 1. Downtown's brand will become positive? 2. Greater demand will be placed on the buildings resulting in greater rental rates? 3. Commerce will increase for retailers? 4. Public rights of way will become more orderly and attractive? Downtown Downey has many things going for it, in part to the City Council's investment in the following projects, programs, and activities over the past few years: Capital,, Imrovementss • Invested $6.7million for Firestone Blvd. street and streetscape improvements. • Invested $4.6 million to support the Downey View apartments; the first new residential units in Downtown in years. • Funded over $600,000 to improve Downtown Downey roadway lighting (upgrading the decorative lights to LED, remove and replace 30 feet cobra head lights with decorative lighting, repainting light poles as necessary, etc...) on Downey Ave. from Firestone Blvd., - to 5th Street. Additional operational annual costs: • Allocated over $100,000 annually for private security services related to the public parking structure and immediate surrounding area. • Provided tens of thousands of dollars in annual maintenance costs (including but not limited to: sidewalks and seat -wall cleaning, tree trimming, median landscape maintenance, parking structure and other public parking maintenance, and roadway lighting — not done elsewhere in the City). • Funded sidewalk and hardscape/pavers and seat benches, pressure washing/steam cleaning- $66,000. • Funded parking structure maintenance and operations -$64,000. • Funded $7,000 for Downtown tree trimming (on a two year cycle). • Funded the cost for electricity and lighting in Downtown of roughly $10,000 per year,.. Additional activities and program costs include: • Underwriting $36,000 for rooftop events in Downtown. • Underwriting up to $55,000 for the Downtown International Food Festival. • Underwriting $70,000 for holiday and seasonal decor (banners, lighting, signage) annually. Underwriting the Annual Rock and Ride Events for $25,000 per year. The general services listed above are NOT provided City rather exclusively to Downtown business and property owners. In that sense, they can be considered "enhanced general benefit" that are dependent upon year-to-year budgeting by the City Manager and City Council The proposed Downtown Downey CBD will provide"special benefits", thereby 0 enhancing rent and attracting new capital investment, in turn improving the visiting, retail, and business experience. Boundaries: The proposed Downtown Downey CBD consists of approximately 10 to 12 square blocks consisting of 82 parcels and 57 property owners. Seethe Downtown Downey proposed CBD map in Section 2, pages 10 and 11. The District is generally bounded by: a On the south by the parcels along the north side of Burns Avenue On the west, parcels on the west side of La Reina Avenue, including parcel 6254 001017. 0 On the east, the parcels on the west side of Brookshire. Avenue. and # On the north, the parcels on the north side of 3 d Street, including the two full blocks bounded by 3rd Street/New Street/4th Street and the parcels fronting the east side of Downey Avenue between 3rd and 4th Street, excluding the undeveloped parcels east of US Bank, but including City Hall. Budget. The total first year Downtown Downey CBD budget based upon assessable individual parcel owners for FY 17/18, will be $ 232,385.00, and the budget will increase by 5% annually. Please see Section 3 for a breakdown of the categories of special benefit services. Improvements, Activities and Services of the Downtown Downey CBD Plan: There are five basiccategories of special benefit services that will be funded by the Downtown Downey CBD. All of these services will confer a special benefit to the individual parcels within the Downtown Downey CBD. The categories of special benefits are as follows: 1. Sidewalk Operations, Beautification and Order: This includes all sidewalk and gutter cleaning services, sidewalk steam cleaning services, graffiti removal, trash removal, as well as enhanced services to beautify the district. Sidewalk operations services totals $ 120,000 or 51% of the first year annual budget of the new CBD. 2. District Identity: These services include the branding of the Downtown Downey area, marketing and promotions, newsletter, public relations, media relations, social media, publicity, special events, website development and maintenance, public space develop and holiday decorations. These services equal $ 55,000 or 24% of the first year annual budget of the new district. 3.- Enhanced Residential Improvements: Though there are currently not any single residential units in the form of residential condos within the boundaries of the district, future condo developments that will be constructed within the CBD boundaries will be assessed to fund their particular special benefits. These special benefit services will include, but are not limited to: enhanced beautification in blocks with a high density of condos, public space development, implementation of pet related services and administrative costs. These assessments will be allocated based on the percentage that the costs for the enhances residential improvements form of the overall budget." 5 4. Program Management and Corporate Operations: These services equal $48,000 or 21% of the first year annual budget of the new district._ 5. Contingency/Reserve: This contingency anticipates a "historic" non-payment rate percentage of 2 to 4%, and any City or County collection fees. This fund equals $9,385 or 4% of the first-year annual budget of the new district. Category of Services Annual Allocation - % of budget Sidewalk Operations (curb to property line services) $120,000 — 51% District Identity — District Promotion $ 55,000 — 24% Program Management/Corporate operations $ 48,000 — 21% Contingency $ 9,385.00 — 4% Total Annual Revenue $ 232,385.00 Method of Financin The financing of the Downtown Downey CBD is based upon the levy of special assessments upon real property that receive special benefits from the improvements and activities. See Section 4 for assessment methodology and compliance with Proposition 218. There will be four factors used in the determination of proportional benefit to the parcels in the CBD. Those four factors are: • Linear frontage • Lot size or the footprint of the parcel • Building square footage (excluding parking structures built within the building that predominantly serve the tenants of the building and are not open to the public) and • Future residential condos that will be constructed within the District. The following data constitutes the basis for the property assessments that will fund special benefit services in the proposed CBD: Building square footage: 988,676 sq. feet Lot size: 1,977,093 square feet Linear Frontage: 14,936 linear feet 0 Each property variable will fund a different"bucket of special benefit services" in the district. Each variable, multiplied by the proposed annual cost yields the following: Property Variable Annual Cost Total assessment by variable Building square footage $0.050608 per square foot per $ 50,035.00 year Lot square footage $0.030540 per square foot per $ 60,380.00 year Linear frontage $8.166254 per linear foot $ 121,970.00 Residential condos $0.20 per square foot 0 Total Annual Revenue $ 232,385.00 Costs: Annual assessments are based upon an allocation of program costs by assessable linear frontage, assessable on all sides of the parcels that receive benefit; PLUS lot or parcel square footage; PLUS assessable building square footage, and in the case of residential condos, by building square footage. Future residential condo owners will be assessed differently since they are, in essence, - acquiring air rights with the purchase of their residential condos and linear frontage and lot size will not be relevant to their parcels. This alternate assessment methodology is created to respond to their special needs of homeowners within this growing Downtown district. All four property variables will be used in the calculation of the annual assessment. Residential Condos: There are currently not any documented residential condos within the boundaries of the proposed Downtown Downey CBD. However, when they are constructed, these future units will be assessed at the rate of $0.20 per square foot for their verifiable building square footage per parcel. Benefit Zones: State law and the State constitution, Article XIIID require that special assessments be levied according to the special benefit each individual parcel receives. There are two proposed benefit zones under this plan. Benefit Zone 1: All commercial parcels, including City and non-profit owned parcels in the proposed CBD; Benefit Zone 2: Parcels owned by the First Baptist Church of Downey will be assessed for linear frontage, since that is the special benefit service (Sidewalk operations) that _it.will receive. Lot size and building square footage property assessment will not be paid by Benefit 7 Zone 2 parcels since those property assessments fund marketing and promotion, social media and district identity, and administration and it has been determined that those parcels will not derive benefit from these special benefit services. Cap: The CBD budget and assessments may be subject to annual increases not to exceed 5% (five per cent) per year. Increases will be determined by the Owners' Association/District Management Corporation and will vary between 0% and 5% annually. Changes in land use, development of empty parcels, conversion of tax exempt to profitable land uses, demolition of existing buildings, and creation of new parcels through new building or residential condo development may alter the budget from year to year based upon the changes in the building square footage of an individual parcels. Since linear frontage and lot size normally are not altered in the redevelopment of a site, the only changes realized in the CBD will be through the building square footage. In addition, changes in the budget may occur due to the conversion of single parcels to multiple parcels due to the construction of residential or commercial condos. Bonds: The District will not issue any bonds related to any program: District Formation: Under the local enabling ordinance, District formation and modification requires a submission of petitions from property owners representing more than 30% of the total assessments. Once the City verifies the petitions totaling a minimum of 30% of $ 232,385.00 (or $ 69,716.00) in assessment contribution to the District, the Downey City Council may adopt a Resolution of Intention to mail out ballots to all affected property owners. The City will then hold a public hearing and tabulate the mail ballots. The Downtown Downey CBD will be formed if the weighted majority of all returned mail ballots support the District formation and if the City Council adopts a resolution of formation to levy the assessments on the benefiting parcels. At this point, the date for that public hearing has not been scheduled. Disestablishment:. Streets and Highways Code Section 36670 provides for the disestablishment of a District. Provisions for annual disestablishment of the CBD are provided for in the local Downey CBD ordinance. Property owners dissatisfied with the results, management or quality of the services may petition the City Council to disestablish the CBD, in the same method in which they petitioned the City Council to establish the District. Section 36670 states: (b) The city council shall adopt a resolution of intention to disestablish the district prior to the public hearing required by this section. The resolution shall state the reason for the disestablishment, shall state the time and place of the public hearing, and shall contain a proposal to dispose of any assets acquired with the revenues of the assessments levied within 8 the property and business improvement district. The notice of the hearing on disestablishment required by this section shall be given by mail to the property owner of each parcel or to the owner of each business subject to assessment in the district, as appropriate. The city shall conduct the public hearing not less than 30 days after mailing the notice to the property or business owners. The public hearing shall be held not more than 60 days after the adoption of the resolution of intention." Unexpended surplus funds will be returned to property owners based upon each parcel's percentage contribution to the previous fiscal year's assessments if the District isnot renewed. Time and Manner for Collectin Assessments: The Downtown Downey CBD assessments will appear as a separate line item on annual property tax bills prepared by the County of Los Angeles. The assessments shall be collected at the same time and in the same manner as for the ad valorem property tax paid to the County of Los Angeles. These assessments shall provide for the same lien priority and penalties for delinquent payment as is provided for the ad valorem property tax. Any delinquent assessments owed for the first year will be added to the property tax roll for the following year together with any applicable interest and penalties. The "property owner" means any person shown as the owner/taxpayer on the last equalized assessment roll or otherwise known to be the owner/taxpayer by the City. Government Assessments: The Downtown Downey CBD Management Plan assumes that the City of Downey and the Downey Community Development Commission Housing Successor Agency will pay assessments for the public property they own within the boundaries of the District. Article XIII D, Section 4 of the California Constitution was added in November of 1996 to provide that public agencies such as the City and Downey Community Development Commission Housing Successor Agency shall not be exempt from the assessments. Parcels owned by the City of Downey and identified below shall receive benefits, commensurate with the assessments paid into the Downtown Downey CBD. These publicly owned parcels are presumed to benefit equally to the privately -owned parcels for all of the special benefit services outlined in this Management District Plan. Duration: The Downtown Downey CBD shall have a fifteen -year term which shall commence on December 1St, 2018 and expire on November 30th, 2033, with operations winding down by November 30tn, 2033, unless the district is renewed by the CBD property owners through a new assessment ballot proceeding. 0 Governance: Pursuant to the City of Downey Community Benefit District Ordinance and Section 36650 of the California Streets and Highway Code, a District Management Corporation or Owners' Association, will review District budgets and policies annually within the limitations of the Management District Plan. The Management Corporation will file Annual Reports with the City of Downey (City) and will oversee the day-to-day implementation of services as defined in the Management District Plan. Section 36612 states: The "Owners' association" means a private nonprofit entity that is under contract with a city to administer or implement activities and improvements specified in the management district plan. An owners' association may be an existing nonprofit entity or a newly formed nonprofit entity. An owners' association is a private entity and may not be considered a public entity for any purpose, nor may its board members or staff be considered to be public officials for any purpose." 10 Boundaries. The following text will define the boundaries of the Downtown Downey CBD.; • Norther► boundrrr : Beginning at parcel 6254 016 912 (City Hall), head westward on 311 Street running in a line down the middle of the street including all of the southern parcels until parcel 6254 018 024 at the northeast corner of the intersection of Yd Street and Downey Avenue. Proceed northeasterly up Downey Avenue to include the parcels on both sides of the street up to the south side of 4th Street. Proceed westward to New Street, run southward to include the parcels fronting 3rd Street including parcels 6254 007 013, 6254 007 004, and parcel 6254 004 028 at the northwest corner of the intersection of La Reina Avenue and 3rd Street. • .Southern boundary: Beginning at parcel 6255002 023 at northwestern corner of the intersection of Union Pacific Railroad Right -of -Way and Brookshire Avenue, proceed westward including all of the parcels fronting on the north side of Burns Avenue including parcel 6255 003900, (the City parking lot) at the intersection of La Reina Avenue and Burns Avenue. • Eastern boundqry. Beginning at parcel 6255 002 023 at the northwestern corner of the intersection of Union Pacific Railroad Right -of -Way and Brookshire Avenue, proceed northward including all of the parcels on the west side of Brookshire up to City Hall, parcel number 6254 -16912. Western boundary.: Beginning at the parcel 6255 003 900, (the City parking lot) at the intersection of La Reina Avenue and Burns Avenue, proceed northward including the parcels on both sides of the street fronting on La Reina Avenue up to the parcel 6254 004 028 at the northwestern corner of the intersection of La Reina Avenue and 3rd Street. The western boundary will also include parcel 6254 002 023 which is found to the west of parcel 6254 002 024. 11 m IN Process to Establish the Improvement and Activi!y Ilan Outreach Efforts: Since the Fall of 2014, business and property owners in Downtown Downey have met first in small settings, and then in a larger Steering Committee format, to discuss the advantages of creating this Downtown Downey special benefits district. An initial survey was sent to every property owner in the proposed CBD area in the Fall of 2014 to ascertain their level of conceptual support for the establishment of this assessment district and obtain information regarding the type of enhanced services they were interested in receiving. The survey information was instrumental in determining the services to be delivered by the CBD. A follow up survey was sent out in early 2015 to ensure that every property owner had an opportunity to respond. Survey results Special benefit services are those that are over and above the services currently being provided by the City general fund. The results of that survey prompted the Steering Committee to assemble a presentation for the property owners. Since all properties would be included in the proposed Downtown Downey CBD, the basis for support was reviewed by parcel linear frontage, lot square footage, and building square footage. These figures are used because they are what each property has in common. In California, one cannot use assessed valuation to determine support since assessed valuation of a property is: 1) based upon when someone bought the property, not upon its actual market value, and 2) not relevant to public parcels, which don't have an assessed valuation per se, but which will also be assessed due to the services they would be receiving. When combined with the City level of support (the City properties will also be required to pay into the new CBD), the following property variables demonstrated conceptual support for the continued investigation of the new CBD. These responses demonstrated to the CBD Steering Committee that the majority of the responding property owners thought there was merit in the CBD concept. This proposed Downtown Downey Community Benefit District can only be formed by a mail -in vote of the majority of weighted property owners within the proposed district boundaries. A summary of the survey results and the resulting CBD plan, beginning with the services it would fund, are as follows: Priority Special, Benefit Services — According to the Survey The survey asked a variety of specific questions regarding property owner -funding of services over and above what the City and County were currently providing. The priority services outlined by the responding property owners prioritized the following: 14 • By a two to one margin, property owner respondents stated that they support services to deal with homelessness and panhandling issues. • By a two to one margin, property owners stated they supported property owner funded regular sidewalk and gutter sweeping in Downtown. • By a two to one margin, property owner respondents stated that they support services related to planting, trimming and maintenance of trees, plants, flowers and other landscaping in Downtown Downey. • By almost a two to one margin, property owner respondents stated that they support services for public relations and social media to support the branding of Downtown. The CBD Steering Committee began reviewing the results of the survey, and possible benefit zones within a boundaried area. Under the state constitution, Proposition 218 defines the purpose of property assessments, and unlike special and general taxes, there must be a relationship between how much a property owner pays into a property assessment district and what type of benefit they receive. Property owners must receive more benefits due to the size of their linear frontage, lot square footage, or buildings square footage. All parcels within the boundaries of the Downtown Downey CBD will be required to pay into the assessment district (no properties will be exempt). Costs are determined by the type and frequency of services. In the Fall of 2014, Aldo Schindler, the Director of Community Development of the City of Downey and Marco Li Mandri of New City America held a series of one on one meetings with property owners throughout the proposed district to explain the upcoming survey of property owners. Once that rounds of 8 to 10 meetings were held, the survey was distributed._ In early 2015, we were still collecting surveys and after another mailing of the survey to maximize the response, we set the first meeting of the CBD Steering Committee. Numerous public meetings have been held with the Downtown Downey CBD Steering Committee. Public meeting dates were held on the following dates: _April 28th, 2015 June 2nd • July 21St • August 4th • January 13th, 2016 Marco Li Mandri of New City America continued to meet with Aldo Schindler the Director of Community Development, the City Council and City Council sub -committees, the City Attorney, City staff, and many property owners individually throughout this process. 15 Explanation of Special Benefit Services: All of the improvements and activities detailed below are provided only to properties defined as being within the boundaries of the Downtown Downey CBD, as the improvements and activities will provide special benefit to the owners of those properties. No improvements or activities will be provided to properties outside the Downtown Downey CBD boundaries. The City will continue to provide general benefit services from the general fund to the Downtown which will include public safety, street tree trimming, street sweeping, trash collection of public refuse containers,_ etc. The frequency of these general benefits may change from year to year and time to time based upon budget constraints. However, City general benefits will not be withdrawn from the Downtown Downey CBD unless they are withdrawn by an equal amount City wide. The CBD funded special benefits will not replace City funded general benefits, but rather will provide special benefits to parcel owners over and above the general benefits provided by the City of Downey. All services funded by the assessments outlined in the Management District Plan are intended to directly benefit the properties within this area to support increased commerce, business attraction and retention, retain and increase commercial property rentals, attract new residential developments, enhance safety and cleanliness in the CBD, improve district identity, and eventually fund specialized beautification and enhanced services for the condo residential unit parcels within the District. The total improvement and activity plan budget for FY 2018-19 is projected to be $ 232,385.00. The costs of providing each of the budget components was developed from actual experience obtained in reviewing these same services in similar districts throughout the State of California. Based upon the survey of property owners, as well as the discussions held in the CBD Steering Committees held since April 2015, the Committee has prioritized the following categories of special benefit services for the new CBD. The categories of special benefit services set forth the intent of the budget category, but also gives the new District Management Corporation the flexibility to allocate the services based upon the changing needs of the District from year-to- year within each budgeted category. The specific category of services are considered to be "buckets" of special benefit services and the points listed under each bucket of services may be funded on a case by case basis or annual basis based upon the decision of the Owners Association or District Management Corporation. Improvements Activities and Services of the Downtown Downev CBD Plan; There will initially be four basic categories of special benefit services that will be funded within the Downtown Downey CBD. All of these services are designed to confer a special benefit to the individual parcels within the Downtown Downey CBD over and above the general benefits they are currently receiving. The categories of special benefits are as follows: 16 Table First Year Downtown Downey CBD Special Benefit Service Budget Category of Services Annual Allocation - % of budget Sidewalk Operations (curb to property line services) $120,000 — 51% District Identity - District Promotion $ 55,000 — 24% Program Management/Corporate operations $ 48,000 — 21% Contingency $ 9,385.00 — 4% Total Annual Revenue $ 232,385.00 The following buckets or categories of special benefit services shall only be provided to parcels within the District. SIDEWA QkRAt66j& BEAUTIFICATION, ORDER.- $120,000 51% Examples of these special benefit services and costs may include, but are not limited to ❑ Regular sidewalk and gutter sweeping ❑ Regular sidewalk steam cleaning ❑ Beautification of the district ❑ Enhanced trash emptying (over and above city services) ❑ Timely graffiti removal, within 24 hours as necessary ❑ Tree and vegetation maintenance (over and above city services) ❑ Special events maintenance and set up ❑ Maintenance of existing and new public spaces ❑ Hanging plants, planting flowers throughout the district ❑ Possible private security and/or camera system ❑ Administration of the sidewalk operations services or staff DISTRICT IDENTITY AND STR TS APE IMPROVEMENTS $55,000 24% Examples of these special benefit services and costs may include, but are not limited to., ❑ Web site development and updating ❑ App development ❑ Management and coordination of special events ❑ Social media ❑ Public relations firm ❑ Holiday and seasonal decorations ❑ Branding of Downtown Downey so a positive image is built ❑ Banner programs ❑ Public art displays ❑ Downtown landmark sign and maintenance ❑ Logo development 17 ❑ Public space design and improvements ❑ Administration of District Identity Services PROGRAM MANAGEMENT AND CORPORATE OPERATIONS: , $48,000 24% Examples of these special benefit services and costs may include, but are not limited to: ❑ Staff and administrative costs ❑ Director's and Officers Insurance ❑ Office related expenses ❑ Rent ❑ Financial reporting and accounting ❑ Legal work CONTINGENCY/CITY AND COUNTY FEEsIRESERVE:$ 9,385 4% Examples of these special benefit services and costs include, but are not limited to: ❑ Delinquencies ❑ City Fees ❑ County fees ❑ Reserves ENHANCED RESIDENTIAL CONDO UNIT IMPROVEMENTS:' (currently don't exist) $ 0 Examples of these special benefit services and costs may include, but are not limited to., Future residential condos built within the boundaries of the Downtown Downey CBD will be assessed separately due to their unique parcel status and special benefit needs in the district. Residential condos buildings or Town Homes will have the following special benefit services conferred on the frontage their parcels. These services in the future will include, but will not be limited to: ❑ Installation,- stocking and upkeep of pet waste distribution stations on the frontages adjacent to the high concentrations of residential condo individually assessed parcels; ❑ Enhancement and beautification of sidewalks on the frontages adjacent to the high concentrations of residential individually assessed parcels; Installation of hanging plants, and enhanced upkeep in the sidewalks surrounding these frontages adjacent to these residential condos; Li Other services requested by the residents that confer special benefit to the areas directly adjacent to the parcels with high concentrations of residential condos; ❑ Proportional_ share of the Administrative and Contingency costs to cover the oversight of the Enhanced beautification special benefit services. Fifteen -Year O +eratln Bud et A projected fifteen -year operating budget for the Downtown Downey CBD is provided below. The projections are based upon the following assumptions: 18 • Assessments will be subject to annual increases not to exceed 5% per year. • Increases will be determined by the District Management Corporation and in no case shall annual increases exceed 5% per year. • Changes in land use, demolition of existing buildings, and new development may modify both the amount of the maximum assessment and the CBD's budget projections. The budget for specific programs may be reallocated within the categories by up to 10% of each budget category. The Management Corporation Board may alter the budget based upon service needs and such changes shall be included in the Annual report and submitted to the Downey City Council for review and approval. Table 3 - B Downtown Downey CBD Sidewalk Operations, Beautification and $120,000.00 $126,000.00 $1132,30000 $138,915.00 $145,860.75 $153,153.79 $160,811.48 Order District Identity $55,000.00 $57,750.00 $60,637.50 $63,669.38 $66,852.84 $70,195,49 $73,705.26 Prop, MgmVCorp. $48.000.00 $50,400.00 $52,920,00 $55,566.00 $58,344.30 $61,261.52 $64,324.59 Operations Total $232,385.00 $244,004.25 $256,204.46 $269,014.69 $282,465.42 $296,588.69 $311,418.13 FY8 FY9 FYIO FYI 1 FY12 FY13 FY14 FY15 Sidewalk Operations, Beautification and $168,852.05 $177,294,65 $186,159.39 $195,467.36 $205,240,72 $215,502,76 $226,277,90 $226,816.65 Order Prop. MgmUCorp. Operations $67,540.82 $70,917,86 $74,463,75 $78,186.94 $82,096,29 $86,201,10 $90,511,16 $90,726.66 Total $326,989.03 $343,338.48 $360,505.41 $378,530.68 $397,457.21 $417,330.07 $438,196.58 $439,239.90 Notes: • Assumes a 5% yearly increase on all budget items. • Any accrued interest or delinquent payments will be expended in the above categories. • Residential condo assessments are zero for the first year, and to be determined when the first residential condos are actually built in Downtown W Section f Assessment MethodologI The Downtown Downey CBD is a property -based special benefit assessment district being established pursuant to the Downey Community Benefit District enabling ordinance adopted in September 2015 by the Downey City Council. Due to the special benefit nature of assessments levied within a CBD, program costs are to be distributed amongst all identified specially benefited properties based on the proportional amount of special program benefit each property is expected to derive from the assessments collected. The ordinance refers to the requirement that relative "benefit" received from CBD funded programs and activities be used to determine the amount of assessment paid. Only those properties expected to derive special benefits from CBD funded programs and activities may be assessed and only in an amount proportional to the relative special benefits expected to be received. General vs. Special Benefits: As provided by Proposition 218, assessment district programs and activities confer a combination of general and special benefits to properties, but the only program benefits that can be assessed are those that provide special benefit to the assessed properties. Special Benefit" as defined by the California State Constitution means"a particular and distinct benefit over and above general benefits conferred on real property located in the District or to the public at large For the purposes of this analysis, "General Benefits" are benefits from the provided within Downtown Downey that are not special in nature, are not "particular and distinct" and are not over and above the benefits that other city parcels receive. General benefits are not restricted to benefits conferred only on persons and property outside the assessment district, but can include benefits both conferred on real property located in the district or to the public at large. "At large" means not limited to any particular person — and means all members of the public = including those who live, work, and shop within the district - and not simply transient visitors. The property uses within the boundaries of the proposed Downtown Downey CBD which will receive special benefits from CBD funded programs and services, are currently a mix of retail, service, office, religious, residential and parking. Services, programs and improvements provided by the Downtown Downey CBD are primarily designed to provide special benefits to identified parcels within the boundaries of the District. Parcels that receive the special benefit programs, services and improvements outlined in this Management District Plan will attract more customers, employees, tenants and investors as a result of these programs, services and improvements, thereby increasing business volumes, sales transactions, occupancies, and rental income, and for future residents, make this Downtown 20 more walkable, attractive and livable. These benefits are particular and distinct in that they are not provided to non -assessed parcels within or outside of the District. Because these programs, services and improvements will only be provided to each individual assessed parcel within the Downtown Downey CBD boundaries, these programs, services and improvements will constitute "special benefits". Existing City of Downey services will not be replaced or duplicated by Downtown Downey CBD funded services. The very nature of the purpose of this District is to fund supplemental programs, improvements and services within the Downtown boundaries above and beyond what is being currently funded either via normal tax supported methods or other funding sources. All benefits derived from the assessments to be levied on parcels within the Downtown CBD are for services, programs and improvements directly benefiting each individual parcel within this area and support increased cleanliness, commerce, business attraction and retention, increased commercial property rental income and improved District identity. No CBD funded services, activities or programs will be provided beyond the CBD boundaries. While every attempt is made to provide CBD services and programs to confer benefits only to those identified assessed parcels within the district, the California State Constitution was amended via Proposition 218 to provide that general benefits exist, either by design or unintentionally, in all assessment districts and that a portion of the program costs must be considered attributable to general benefits and assigned a value. General benefits cannot be funded by assessment revenues. General benefits might be conferred on parcels within the District, or "spillover" onto parcels surrounding the District, or to the public at large who might be passing through the District with no intention of transacting business or residing within the District or interest in the District itself. Empirical assessment engineering analysis throughout California has found that general benefits within a given similar special benefits districts tend to range from 1-5% of the total costs. There are three methods that have been used by the Downtown Downey CBD Assessment Engineer for determining general and special benefit values within assessment districts: (1) The parcel by parcel allocation method (2) The program/activity line item allocation method, and (3) The composite district overlay determinant method. A majority of CRDs in California for which our Assessment Engineer has provided assessment engineering services since the enactment of Proposition 218, have used Method #3, the composite district overlay determinant method which will be used for this CBD. This method of computing the value of general benefit involves a composite of three distinct types of general benefit — general benefit to assessed parcels within the District, general benefit to the public at large within the District and general benefit to parcels outside the District. 21 Downtown Downey CBD Programs and, Improvements: The total special and general benefit program activitiesandbudget allocations that will be provided to each individual parcel assessed in the proposed Downtown Downey CBD are shown in the chart below: Total Year 1- 2018'- Special + General Benefit Costs All program costs associated with general benefits will be derived from sources or credits other than CBD assessments. Sample "other" revenue_ sources can be derived from special events, grants, volunteer hours and must simply equal a total of $4,740 per year which would equal the general benefit cost of 2% of the computed total CBD cost of $232,385.00 from the Table above. Here, program costs are spread among property variables that are common to each parcel include linear frontage, lot or parcel size and building square footage, and residential condo parcels. _Assessed valuation cannot be used as the basis for revenue generation in the state of California since Proposition 13 sets the assessed valuation at the time of purchase of the parcel, therefore adjacent parcels may be similar in size, but have different assessed valuations. We must therefore spread the assessments among the consistent factors of each parcel, based upon 2018 data. The following data represents the foundation of the assessments that will generate the revenue to fund the Downtown Downey CBD: All program costs associated with general benefits will be derived from sources or credits other than CBD assessments. Sample "other" revenue sources can be derived from special events, grants, farmers' markets, donations, volunteer hours and must simply equal a total of $ 4,740 per year which would equal the general benefit cost of 2% of the computed total CBD cost of $ 237,125 from the Table above. Here, program costs spreading variables include linear frontage, lot or parcel size and building square footage, and residential condo parcels. The following data represents the foundation of the assessments that will generate the revenue to fund the Downtown Downey CBD: (verified as of February 151, 2018); Benefit Zones: State law and the State constitution, Article MID require that special assessments be levied according to the special benefit each individual parcel receives. There are two benefit zones in the proposed Downtown Downey CBD. 22 YR 1- 2018 YR 1- 2018 YR 1- 2018 % of Total Assessment iNon-Assessment Total Costs Service Costs Costs Sidewalk Operations $120,000 $2,448 $122,448 51% District Identity $55,000 $ 1,122 $56,122 24% Program Management $48,000 $ 979 $48,979 21% Contingency/Reserve $9,385 $191 $9,576 4% Total $232,385.00 $ 4740 $237,125.00 100% All program costs associated with general benefits will be derived from sources or credits other than CBD assessments. Sample "other" revenue_ sources can be derived from special events, grants, volunteer hours and must simply equal a total of $4,740 per year which would equal the general benefit cost of 2% of the computed total CBD cost of $232,385.00 from the Table above. Here, program costs are spread among property variables that are common to each parcel include linear frontage, lot or parcel size and building square footage, and residential condo parcels. _Assessed valuation cannot be used as the basis for revenue generation in the state of California since Proposition 13 sets the assessed valuation at the time of purchase of the parcel, therefore adjacent parcels may be similar in size, but have different assessed valuations. We must therefore spread the assessments among the consistent factors of each parcel, based upon 2018 data. The following data represents the foundation of the assessments that will generate the revenue to fund the Downtown Downey CBD: All program costs associated with general benefits will be derived from sources or credits other than CBD assessments. Sample "other" revenue sources can be derived from special events, grants, farmers' markets, donations, volunteer hours and must simply equal a total of $ 4,740 per year which would equal the general benefit cost of 2% of the computed total CBD cost of $ 237,125 from the Table above. Here, program costs spreading variables include linear frontage, lot or parcel size and building square footage, and residential condo parcels. The following data represents the foundation of the assessments that will generate the revenue to fund the Downtown Downey CBD: (verified as of February 151, 2018); Benefit Zones: State law and the State constitution, Article MID require that special assessments be levied according to the special benefit each individual parcel receives. There are two benefit zones in the proposed Downtown Downey CBD. 22 Assessable_Data in the CBD: - Benefit Zone 1 BD:BenefitZonel Building Square Lot Size (square feet) Footage (square feet) 988,676 sq. ft. 1,977,093 Benefit Zone 2: Building S q u i 0 Linear Frontage I J 1 14.936 1 Condo Sf 0 Lot Size (square feet) Linear Frontage 0 631 Total Assessment District Property Variables: Building Square Footage Lot Size (squc 988,676 1,977,01 Amount of revenue generated by each benefit zone: Linear � 14 Assessment District Revenue Generation in Fiscal Year 2017 from each assessable property variable: Linear Frontage Building Square Footage: Lot Square Footage: Residential Condos Unit Square Footage: $ 121,970.00 52% $50,035.00 23% $60,380.00 25% LO 0% Total: $ 232,385.00 100% 23 FirstYearAnnual Costs: • I� r I� I r r r r i� ��- � i� � r z Property Variable First Year Annual Costs Linear Frontage $8.166254 per linear foot/year Building Square Footage $ 0.050608 per square foot/year Lot Size $ 0.030540 per square foot/year Residential Condominiums $ 0.20 per square foot Proportional Allocation of Assessments to Benefiting Property Owners Generation of assessments which fund categories of special benefit services. Funded by Property Variable Approximate Amount First Program Assessment Year Budget - % Sidewalk Operations, Funded by approximately 100% of $ 120,000 — 51% Beautification and Order the linear frontage assessments (the Board decides how this sidewalk and gutter cleaning, Residential Condo assessments will amount will be allocated month by landscaping, steam cleaning, pay forservices in the some month, prioritizing services and public space maintenance proportion as allocated in the budget proportionally allocating per benefit zones based upon payments made) District Identity and Funded by approximately 100% of Streetscape Improvements the building square footage and some from the lot size assessments (Marketing, promotions, Residential Condo assessments will $ 55,000 - 24% website, social media, events, pay for services in the same business attraction, public ,proportion as allocated in the budget space design) Program Management/ Funded by Lot Size assessments Corporate Operations Residential Condo assessments will Administration, outreach to pay for services in the some $ 48,000 - 21 % public agencies, community proportion as allocated in the budget relations, office rent, supplies, is insurance, legal Funded by Lot size assessments Contingency/Reserve Residential Condo assessments will $ 9,385 4 pay for services in the same proportion as allocated in the budget Total for all Special Benefit $ 232,385.00 Services 24 Linear Frontage Defined.: Individual parcels will be assessed for all sides of each parcel fronting on a public street. Alley frontage is not assessed. Each side of the parcel (excluding alley areas) will receive Sidewalk Operations special benefit services based upon the frequency of services articulated in this plan, linear front footage data was obtained from the County Assessor's parcel maps. Building Sguare Footage Defined - Building square footage is defined as gross building square footage throughout the Downtown DowneyCBD. The percentage of building square footage that is dedicated to private or internal tenant parking needs may be deducted from the gross building square footage. Only parking structures that are open to the public and charge fees to the general public on a regular basis will have their building square footage assessed as any other commercial building. Apartment buildings within the boundaries of the Downtown Downey CBD will be assessed as commercial buildings since there is a landlord/tenant relationship in that property. Lot Souare Footage Defined: Lot square footage is defined as the total amount of area within the borders of the parcel. The lot square footage of a parcel has been verified by the County Assessor's parcel maps. Commercial Condominium Parcels Defined: Ground floor commercial condominiums will be treated as independent "mini" commercial buildings and assessed based on their actual building square footage, the footprint of land they cover or lot size of the commercial condo, and the amount of direct primary street frontage on the exterior of the building. Ground floor commercial condominiums will pay 100% of the special benefits for the assessment, based upon which benefit zone they are within. Future Residential Condo Unit Parcels lDefined: Future residential condo units building square footage is defined as the livable building square footage within the walls of the condo residential unit parcel. They are included in a special category to designate their unique special benefits relative to the other commercial parcels within the Downtown Downey CBD. Unlike the other commercial parcels inthe district, including commercially operated apartment buildings, residential condo parcels are assessed for building square footage only, and are not assessed for linear frontage and lot square footage. Future residential condo individually assessed parcels are assessed as separate category. These future residential condo individual parcels will be assessed for their building square footage only at the rate of $0.20 per square foot per year, commencing the first year of their completion. The rationale for assessing future residential condos only for the building square footage rate is provided below. Futureresidential condo individually assessed parcels are assessed differently than multi -unit, for -rent apartment buildings, due to the frequency of special benefit services required by each parcel as described below. The multi -unit apartment buildings are commercial properties in which the tenant and landlord have an economic relationship as opposed to residential condo 25 buildings where individual property owners own separate "air space parcels" on a single floor. Future residential apartment buildings can be bought or sold just as like commercial buildings whereas residential condo individual units are separately owned and must be individually bought and sold. Distinctions between residential apartment buildings with tenants and residential condominium building with individual parcel owners are as follows: L The Davis Sterling Act establishes rules and regulations for residential condo owners based upon "separate interests" (i.e. ownership rights), as opposed to renters who only have a possessory interest. 2. Generally, residential condo unit owners demonstrate greater care for their property and concerns about quality of life issues due to their investment in real estate. 3. Residential owners and have the right to vote in a Proposition 218 hearing, tenants do not have that right. 4. Residential condo owners are required to contribute to a legally established Homeowners Associations to oversee building maintenance, tenants are not. 5. Residential tenants may have their dwelling unit sold or have their rent raised arbitrarily due the lack of ownership of their residential unit. The assessment methodology has been written to confer special benefits to future residential condo individual assessed parcels since future residential condo owners have unique investment backed expectations about the care and maintenance of the building and its surroundings compared to the interest of residential tenants who have a possessory not an ownership interest. The future residential condos' specialassessmentmethodology ensures that a fund will be established to maintain high levels of special benefit services that apply directly and proportional to the blocks that demand virtually seven days per week, 365 days per year special benefits. Cern tions. No benefitting parcels, regardless of taxable or tax-exempt property tax status, will be exempt from the assessments funding the special benefit services of the Downtown Downey CBD. Special benefit services will not be provided to any parcels outside of the boundaries of the district. Any current single family residential land uses, in the form of single family homes on independent parcels within the boundaries of the CBD are included in the District, however will be assessed only for the services they receive on their frontage or until such time that the single family land uses are converted to multi -family or commercial/retail uses. _Calculation of Assessments: The proportionate special benefit derived by each identified parcel shall be determined in relationship to the entirety of the improvement or the maintenance and operation expenses of an improvement or for the cost of property service being provided. Per California Constitutional Amendment Article Xlll D, Section 2(i), "Special Benefit", means a particular and distinct benefit over and above general benefits conferred on a real property located in the district or to the 26 public at large. No assessment will be imposed on any parcel that exceeds the reasonable cost of the proportional special benefits conferred upon that parcel Only special benefits are assessable and these benefits must be separated from any general benefits. Properties are assessed as defined on the County Assessor's most current parcel maps. The preceding methodology is applied to the database of parcels within the District. The process for compiling the property database includes the following steps: • A report was generated from data obtained from the Los Angeles County Tax Assessors office. • A list of properties to be included within the CBD is provided in Section 7. Parcel Assessments The annual assessment method to calculate all parcels and ground floor commercial condominiums for Benefit Zone 1 will be: Total Street Frontage X $ 8.166254 per foot Total Lot Square Footage $0.030540 per square foot Total Building Square footage X $0.050608 per square foot TOTAL PARCEL ASSESSMENT The annual assessment method to calculate all parcels and ground floor commercial condominiums for Benefit Zone 2 will be: Total Street Frontage X $ 8.166254 per foot Total Lot Square Footage X $0.00 per square foot Total Building Square footage X $0.00 per square foot TOTAL PARCEL ASSESSMENT Residential Condo Assessment: The annual assessment method for a residential condo once they are built, regardless of Benefit Zone will be: Total Residential Unit Building Square footage X $0.20 per Square Foot TOTAL RESIDENTIAL CONDO UNIT ASSESSMENT 27 Future Development: As a result of continued new development, the Downtown Downey CBD will experience the addition or subtraction of assessable commercial buildings or the conversion of empty parcels into new commercial and residential or buildings and units. The Management District Plan assessment methodology will reflect any and all land use changes within the term of the District with annual adjustments being submitted to the City, as these assessment calculation and property variable alterations occur. Maximum Assessment: Assessments may be subject to annual increases not to exceed 5% per year. Increases will be determined by the CBD District Management Corporation and will vary between 0% and 5% in any given year. The maximum the assessments can be increased is 5% over the previous fiscal year's base assessments. Not implementing the increase for one year does not give the District Management Corporation the authority to accumulate increases above 5% within any given fiscal year. The following projections illustrate a'potential 5% annual increase. Table, Z . , ., r .. Projected FY6 FY7 FY8 FY9 FY10 Assessment $ FY1 $ FY2 $ FY3 $ FY4 $ FY5 Linear Frontage $ 8.1663 $ 8.5746 $ 9.0033 $ 9.4535 $ 9.9261 Building Sq. Ft. $ 0.050608 $ 0.053138 $ 0.055795 $ 0.058585 $ 0.061514 Lot Square Ft. $ 0.030540 $ 0.032067 $ 0.033670 $ 0.035354- $ 0.037122 Condo Sq. Ft. $ 0.20000 $ 0.21000 $ 0.22050 $ 0.23153 $ 0.24310 Projected Assessment FY6 FY7 FY8 FY9 FY10 Linear Frontage $ 10.4224 $ 10.9436 $ 11.4907 $ 12.0653 $ 12.6685 Building Sq. Ft. $ 0.064590 $ 0.067820 $ 0.071211. $ 0.074771 $ 0.078510 Lot Square Ft. $ 0.038978 $ 0.040927 $ 0.042973 $ 0.045121 $ 0.047378 Condo Sq. Ft. $ 0.25526 $ 0.26802 $ 0.28142 $ 0.29549 $ 0.31027 Projected Assessment FY11 FY12 FY13 FY14 FY15 Linear Frontage $ 13.3020 $ 13.9671 $ 14.6654 $ 15.3987 $ 16.1686 Building Sq. Ft. $ 0.082435 $ 0.086557 $ 0.090885 $ 0.095429 $ 0.100200 Lot Square Ft. $ 0.049746 $ 0.052234 $ 0.054845 $ 0.057588 $ 0.060467 Condo Sq. Ft. $ 0.32578 $ 0.34207 $ 0.35917 $ 0.37713 $ 0.39599 28 Budget Adiastments. Annual budget surpluses, if any, will be rolled into the following year's budget. Assessments will be set annually, within the constraints of the Management District Plan's allowed increase or through land use changes. Revenues from the delinquent accounts may be expended in the year they are received. If the District is not renewed, any remaining funds will be returned to property owners in the proportion by what each property owner paid. 1f after the initial term the District decides to renew and if there is money left over from the previous term, the balance of remaining funds will be rolled over into the renewed district. These "rolled over" funds may only be used within the boundaries of the original district and cannot be expended for activities, services, or improvements in an area expanded beyond theoriginalDistrict. However, the rolled over funds may be used to finish District Management Corporation activities in the original district. Time and Manner for Collecting Assessments: In September 2018, the Downtown Downey CBD assessments will appear as a separate line item on annual property tax bills prepared by the County of Los Angeles. The assessments shall be collected at the same time and in the same manner as for the ad valorem property tax paid to the County of Los Angeles. These assessments shall provide for the same lien priority and penalties for delinquent payment as is provided for the ad valorem property tax. Disestablishment: California Streets and Highways Code Section 36670 provides for the disestablishment of a District. Provisions for annual disestablishment of the CBD are provided for in Article 2, Chapter 14 of the local Downey CBD ordinance. Property owners dissatisfied with the results, management or quality of the services may petition the City Council to disestablish the CBD, in the same method in which they petitioned the City Council to establish the District. Section 36670 states: (b) The city council shall adopt resolution of intention to disestablish the district prior to the public hearing required by this section. The resolution shall state the reason for the disestablishment, shall state the time and place of the public hearing, and shall contain a proposal to dispose of any assets acquired with the revenues of the assessments levied within the property and business improvement district. The notice of the hearing on disestablishment required by this section shall be given by mail to the property owner of each parcel or to the owner of each business subject to assessment in the district, as appropriate. The city shall conduct the public hearing not less than 30 days after mailing the notice to the property or business owners. The public hearing shall be held not more than 60 days after the adoption of the resolution of intention." 29 Unexpended surplus funds will be returned to property owners based upon each parcels percentage contribution to the previous fiscal year's assessments if the District is not renewed. Government Assessments: The Downtown Downey CBD Management Plan assumes that the City of Downey will pay assessments for the public property they own within the boundaries of the District as per the methodology within this plan. Article Xlll D, Section 4 of the California Constitution was added in November of 1996 to provide that the City is not exempt from such assessments. Parcels owned by the City of Downey and the Downey Successor Agency shall receive benefits, commensurate with the sidewalk operations administration and contingency assessments paid into the Downtown Downey CBD. These publicly owned parcels are presumed to benefit equally to the privately owned parcels for the special benefits provided. Table 4-13 • -. �. �. i. it 6254 019 904 Community Dev Commission of Downey City 11022 Downey Ave $ TOTAL $ M 1,479.15 1,479.15 Percent 2.20% 1.34% 7.15% 0.19% 0.19% 0.04% 0.50% 2.85% 0.05% 1.35% 1.87% 2.75% 20.48% 0.64% 0.64% Annual APN Legal Owner Site # Site Street Assessment 6254008 901 City of Downey 8201 2nd St $ 5,104.96 6254009 900 City of Downey 11102 La Reina Ave $ 3,115.98 6254 016 912 City of Downey 11111 Brookshire Ave $ 16,610.87 6254 019 900 City of Downey 8321 2nd St $ 446.34 6254 019 901 City of Downey 8320 3rd St $ 446.31 6254 020 903 City of Downey 8313 Firestone Blvd $ 85.76 6254 020 913 City of Downey 8355 Firestone Blvd $ 1,165.79 6254 021 919 City of Downey 11131 Brookshire Ave $ 6,620.60 6254021 922 City of Downey 8435 Firestone Blvd $ 110.49 6254 021 923 City of Downey 8435 Firestone Blvd $ 3,145.08 6255 002 900 City of Downey 8356 Firestone Blvd $ 4,349.90 6255 003 900 City of Downey *no Site $ 6,385.72 Address* TOTAL $ 47,587.81 6254 019 904 Community Dev Commission of Downey City 11022 Downey Ave $ TOTAL $ M 1,479.15 1,479.15 Percent 2.20% 1.34% 7.15% 0.19% 0.19% 0.04% 0.50% 2.85% 0.05% 1.35% 1.87% 2.75% 20.48% 0.64% 0.64% •Jill I • • • There are no specific rules and regulations prescribed for the proposed Downtown Downey Community Benefit District Management Corporation except that it will adhere to the open meeting and open records provisions of the Ralph M. Brown Act and will seek to be as open and transparent to the CBD assessees and the public at large as is reasonably possible. Pursuant to the City of Downey Community Benefit District Ordinance and Section 36650 of the California Streets and Highway Code, a District Management Corporation or Owners' Association, will review District budgets and policies annually within the limitations of the Management District Plan. The Management Corporation will file Annual Reports with the City of Downey and will oversee the day-to-day implementation of services as defined in the Management District Plan. Section 36612 states: "The "Owners' association" means a private nonprofit entity that is under contract with a city to administer or implement activities and improvements specified in the management district plan. An owners' association may an existing nonprofit entity or a newly formed nonprofit entity. An owners' association is a private entity and may not be considered a public entity for any purpose, nor may its board members or staff be considered to be public officials for any purpose." Bonds: The District will not issue any bonds related to any program. 31 • 111111111 • The Downtown Downey CBD is expected to be established and begin assessing benefiting parcels as of fiscal year 2018-19. Due to the timing of revenue collection and need to establish the owners' association or District Management Corporation, implementation of the Management District Plan and the delivery of services is scheduled to commence in or around the beginning of 2019. Consistent with the local enabling ordinance, the Downtown_ Downey CBD will have a fifteen -year term through November 30, 2033 with operations winding down by November 30, 2033 unless renewed by Downtown property owners. 32 APN Annual 6254 020 002 $717.73 Assessment 6254 020 003 $951.15 6254 001014 $2,843.36 6254 020 014 $1,160.47 6254001017 $4,157.61 6254 020 017 $1,739.08 6254007 004 $2,676.44 6254 020 020 $836.77 6254 007 013 $3,881.48 6254 020 023 $1,623.42 6254 008005 $8,513.20 6254 020 024 $451.43 6254 008 901 $5,104.96 6254 020 025 $533.85 6254009 002 $2,017.23 6254 020 027 $8,257.93 6254 009012 $3,328.59 6254 020 028 $1,909.16 6254 009 013 $773.36 6254 020 029 $2,003.14 6254009 014 $1,341.13 6254 020 808 $2,158.96 6254 009 900 $3,115.98 6254 020 903 $85.76 6254010 033 $4,042.44 6254 020 913 $1,165.79 6254 010034 $2,905.38 6254 021 023 $2,059.57 6254010 035 $5,517.83 6254 021025 $1,072.70 6254 011 003 $2,010.28 6254 021030 $5,032.22 6254 011008 $69990 6254 021031 $16,260.95 6254 011 010 $809.41 6254 021919 $6,620.60 6254 011 012 $5,262.62 6254 021922 $110.49 6254 011 013 $2,435.07 6254 021923 $3,145.08 6254 011014 $1,188.60 6255 001012 $724.83 6254012 008 $596.39 6255 002 008 $2,204.26 6254 012 009 $623.02 6255 002 009 $3,231.19 6254 012 010 $2,137.21 6255 002 010 $977.35 6254 012 011 $3,523.33 6255 002 011 $1,115.64- 6254 012 013 $3,996.82 6255 002 012 $3,416.56 6254012 015 $1,559.58 6255 002 013 $4,067.92 6254 016 912 $16,610.87 6255 002 023 $2,775.94 6254 018 005 $538.97 6255 002 028 $4,739.43 6254 018 023 $969.39 6255 002 032 $5,888.06 6254 018 024 $3,682.74 6255 002 033 $2,255.23 6254 018 028 $863.92 6255 002 034 $2,831.13 6254 019 001 $2,445.95 6255 002 900 $4,349.90 6254 019 003 $758.41 6255 003 001 $3,114.60 6254014 004 $761.41 6255 003 005 $891.16 6254 019 027 $2,148.53 6255 003 006 $564.85 6254 019 028 $4,613.93 6255003 007 $1,153.76 6254 019 900 $446.34 6255 003 015 $2,659.70 6254 019 901 $446.31 6255 003 018 $8,010.09 6254 019 904 $1,479.15 6255 003 019 $2,185.15 6254 020001 $119.80 6255 003 900 $6,385.72 m Prepared pursuant to the City of Downey Community Benefit District Ordinance Section 4 ,I, City Charter CjAiifiod as WiniciUv-1 Code It-icle I CVrL-&er-+4 IN- fts Prepared by Edward V Henning California Registered Professional Engineer # 26549 July 12., 2018 To Whom It May Concern: I hereby certify to the best of my professional knowledge and experience that each of the identified benefiting properties located within the proposed Downtown Downey Community Benefit District ("Downtown Downey CBD") being formed for a fifteen (15) year term will receive a special benefit over and above the benefits conferred on the public at large and that the amount of the proposed assessment is proportional to, and no greater than the benefits conferred on each respective property. WORM11 T11 'M 2 EX 3.-31549'20, CNIL OF GA0� RPE #26549 Edward V. Henning Julyl2th, 2018 (NOT VALID WITHOUT SIGNATURE AND CERTIFICATIONSEAL HERE) # Introduction This report serves as the "detailed engineer's report" required by Section 4(b) of Article XIIID of the California Constitution (Proposition 218) to support the benefit property assessments proposed to be levied within the proposed Downtown Downey CBD in the City of Downey, California being formed for a fifteen (15) year term. The discussion and analysis contained within this Report constitutes the required "nexus" of rationale between assessment amounts levied and special benefits derived by properties within the Downtown Downey CBD. The Downtown Downey CBD is a is a property -based benefit assessment district being formed for a fifteen (15) year term pursuant to the City of Downey Community Benefit District Ordinance, Section 400 — Downey City Charter and codified under Municipal Code Article 2, Chapter 14 (the "CBD Ordinance") which is based in part on Section 36600 et seq. of the California Streets and Highways Code, also known as the Property and Business Improvement District Law of 1994 (the "Act"). Due to the benefit assessment nature of assessments levied within a Property Business Improvement District ("PBID"), district program costs are to be distributed amongst all identified benefiting properties based on the proportional amount of special program benefit each property is expected to derive from the assessments levied. Within the Ordinance and Act, frequent references are made to the concept of relative "benefit" received from PBID programs and activities versus amount of assessment levied. Only those properties expected to derive special benefits from PBID ftinded programs and activities may be assessed and only in an amount proportional to the relative special benefits expected to be received. Supplemental Proposition,218 Procedureslid Reguirements Proposition 218, approved by the voters of California in November of 1996, adds a supplemental array of procedures and requirements to be carried out prior to levying a property -based assessment like the Downtown Downey CBD. These requirements are in addition to requirements imposed by State and local assessment enabling laws. These requirements were "chaptered" into law as Article XIII D of the California Constitution. In 111�1 Will 11 IN !I � Willi Ili I 11111 Ejaqj!!g_L From Section 4(a): "Identify all parcels which will have a special benefit conferred upon them and upon which an assessment will be imposed" There are 82 parcels within the Downtown Downey CBD "identified" as assessable parcels with assessable property F characteristics that will derive special benefit from the proposed District programs and activities. The benefits are special and unique only to the identified parcels within the District because programs and services (i.e. sidewalk operationsibeautification; district identity; program management; and, contingency/reserve) will only be provided directly for the benefit of the identified parcels. These identified benefiting parcels are located within the Downtown Downey CBD perimeter boundary which is shown on the Boundary Map attached as Appendix 2 to this Report and are listed in Appendix I to this Report - identified by assessor parcel number. Any future development and/or land subdivisions will adhcre to the assessment rate structures described herein. There are two benefit zones within the Downtown Downey CBD. The Downtown Downey CBD is centered approximately at Firestone Boulevard and Downey Avenue, extending three blocks north of Firestone Boulevard and one block south and extending 3 blocks west of Downey Avenue and two blocks cast. The parcels selected to be included in the Downtown Downey CBD form a unique retail, commercial business and government center core that has long been recognized and identified by the Downey community as a pedestrian friendly retail and commercial neighborhood. Keeping the District clean and attractive will increase pedestrian traffic and consumer activity and help create a strong symbiotic economic relationship between the Downtown Downey CBD and the customers it serves. There are two benefit zones in the proposed Downtown Downey CBD. The Downtown Downey CBD boundaries are shown on the District Map in Appendix 2 of this Report. The assessment rates vary based on the proportionate levels of special benefit services to be provided for each parcel within the CBD. Downtown Downel CBD Boundary: The boundaries of the proposed Downtown Downey CBD are described as follows-, • Northern boun rrr : Beginning at parcel 6254 016 912 (City Hall), head westward on 3rd Street running in a line down the middle of the street including all of the southern parcels until parcel 6254 018 024 at the northeast comer of the intersection of 3rd Street and Downey Avenue. Proceed northeasterly up Downey Avenue to include the parcels on both sides of the street up to the south side of 4th Street. Proceed westward to New Street, run southward to include the parcels fronting 3rd Street including parcels 6254 007013, 6254 007 004, and parcel 6254 004 028 at the northwest comer of the intersection of La Reina Avenue and 3rd Street. ■ Southern botenddrv: Beginning at parcel 6255 002 023 at the northwestern comer of the intersection of Bums Avenue and Brookshire Avenue, proceed westward including all of the parcels fronting on the north side of Bums Avenue including parcel 6255 003 900, (the City parking lot) at the intersection of La Reina 0 * Beginning at parcel 6255 002 023 at the northwestern comer of the intersection 0 Bums Avenue and Brookshire Avenue, proceed northward including all of the parcels on the west side of We ......... J Beginning at the parcel 6255 003 900, (the City parking lot) at the intersection of La Reina Avenue and Bums Avenue, proceed northward including the parcels on both sides of the street fronting on La Reina Avenue up to the parcel 6254 004 028 at the northwestern comer of the intersection of La Reina Avenue and 3d Street. The western boundary will also include parcel 6254 002 023 which is IMMINIMI, All identified parcels within the above-mentioned boundaries shall be assessed to fund special benefit programs, services �rin �rvims�_ �_nypmie�nts_will onlv be provided to these parcels inside the District boundaries and none will be provided outside of the District boundaries. Each of the individual parcels assessed shall receive special benefits from the proposed programs, services and improvements. All Downtown Downey CBD funded programs, services and improvements are considered supplemental above normal base level services T ritvided 4iv Vie Cili of Dowmo*-P�R� Finding, 2.S From Section 4(a): "Separate general benefits (if any) from the special benefits conferred on pareel(s). MEM BENEFIT ANALYSIS As stipulated by Proposition 218, assessment District programs and activities confer a combination of general and special benefits to properties, but the only program benefits that can be assessed are those that provide special benefit to the assessed properties. Special Benefit" as defined by the California State Constitution means "a particular and distinct benefit over and above general benefits conferred on real property located in the District or to the public at large. For the purposes of this analysis, "General Benefits" are benefits from the Downtown Downey CBD activities and improvements that are not special in nature, are not "particular and distinct" and are not over and above the benefits that other parcels receive. General benefits are not restricted to benefits conferred only on persons and property outside the assessment district, but can include benefits both conferred on real property located in the district or to the public at large. "At large" means not limited to any particular person- means all members of the public - including those who live, work, and shop The property uses within the boundaries of the Downtown Downey CBD which will receive special bene its om Downtown Downey CBD funded programs and services are currently a mix of retail, service, office, government, religious, residential and parking. Services, programs and improvements provided by the Downtown Downey CBD are primarily designed to provide special benefits to identified parcels within the boundaries of the District. 0 There are four basic categories of special benefit services that will be funded by the Downtown Downey CBD. All of these services will confer a special benefit to the individual parcels within the CBD. The categories of special benefits are Sidewalk Operations, Beautification and Order: This inclu•es a si•ewa an gutter c eaning services, sidewalk steam cleaning services, graffiti removal, trash removal, as well as enhanced services to beautify the I I I! I'; III � i I I III• I I loll irflign III 111111 liq! I I • 11 � I •lI 2. District identity. These services include the branding of the Downtown Downey area, marketing an promotions, newsletter, public relations, media relations, social media, publicity, special events, website development and maintenance, public space develop and holiday decorations. These services equal $ 55,000 or 3. Enhanced Residential Improvements- Though there are currently not any single residential units in the form of residential condos within the boundaries of the district, future condo developments that will be constructed within the CBD boundaries will be assessed to fund their particular special benefits. These special benefit services will include, but are not limited to: enhanced beautification in blocks with a high density of condos, public space development, implementation of pet related services and administrative costs. These assessments will be allocated based on the percentage that the costs for the enhances residential improvements form of the MEEMEM jL Program Management and Corporate Qpqual $48,000 or 21% of the first year annual SEMMEMESK-Im 5. Conti ngencylReserve. This contingency anticipates a "historic" non-payment rate percentage of 2 to 4%, and any City or County collection fees. This fund equals $9,385 or 4% of the first year annual budget of the new district. Assessed parcels within the CBD are conferred proportionate and unique special benefits from CBD un e program services and improvements. Commercial parcels that receive these programs, services and improvements attract mor customers, employees, visitors, tenants and investors as a result of these programs, services and improvements, thereb 3 r increasing business volumes, sales transactions, occupancies, rental income and return on investments. Parcels with sing, ]'- family residential uses specially benefit proportionately but different than commercial parcels. These differences ar- discussed later in this Report and incorporated into the assessment formula used to calculate assessments for these type of parcels. CBD special benefits are particular and distinct in that they are not provided to non -assessed parcels outside 01 M 1 0 1 !!1 11111111111 1 11 ! I # 11 the District. These programs, services and improvements will only be provided or t e direct benefit o eac in iv assessed parcel within the Downtown Downey CBD boundaries and confer" special benefits" on each assessed parcel. Existing City of Downey services will be enhanced, not replaced or duplicated, by Downtown Downey CBD services. In the case • the Downtown Downey CBD, the very nature • the purpose of this District is to fund supplemental programs, improvements and services within the Downtown Downey CBD boundaries above and beyond what is being currently funded either via normal tax supported methods or other funding sources. These services, programs and %roocments_are_•.igned to enhance the •.•- /'. and retail commercial core uses increase tenancy and marketing of inment service -office 9 _the_�nmi x r —government, reli ious residential and 9 5pu3_,,I inAhe-Downtown- Downey CBD and improve the aesthetic appearance of each identified parcel. All benefits derived from the assessments to • levied on parcels within the Downtown Downey CBD are for services, programs and improvements • benefiting each individual parcel within this area and support increased cleanliness, commerce ' • attraction and retention, increased commercial property rental income and improved District identity. No Downtown Downey CBD funded services, activities or programs will be provided outside of the Downtown Downey CBD boundaries. These special benefits are particular and distinct to each and every assessed parcel within the Downtown Downey CBD and are not provided to non -assessed parcels outside of the District. The City of Downey does not provide these supplemental programs, services or improvements. While every attempt is made to provide CBD services and programs to confer•enefits • to • identi ied assesse [tarcels within the CBD, the California State Constitution was amended via Proposition 218 to stipulate that general benefits exist either • desi-gn • unintentionaall assessment districts and that a [*%ortion of the;-trogram • must be considered attributable to general benefits and assigned a value. General benefits cannot be funded by assessment revenues. General benefits might be conferred on parcels within the District, or "spillover" onto parcels surrounding the I I I I i 'I i I I I I I I !I i I ill I I i I I I i i I 1 1 1 !111, i III I I III I improvement district tend to range from 1-5% of the total costs, There are three methods that have been used by this Engineer for determining general and special benefit values within assessment districts: (1) The parcel by parcel allocation method (2) The program/activity line item allocation method, and (3) The composite d strict overlay determinant met of... A majority of PBIDs in California for which this Assessment Engineer has provided assessment engineering services since the enactment of Proposition 218, have used Method #3, the composite district overlay determinant method which 0 will be used for the CBD. This method of computing the value of general benefit involves a composite of three distinct types of general benefit — general benefit to assessed parcels within the District, general benefit to the public at large within the District and general benefit to parcels outside the District. General B` d Parcels within District CBD funded programs are narrowly designed and carefully implemented to specially bene it the assesse District parce s and are only provided for the special benefit to each and every assessed parcel within the Distria It is the opinion of this Engineer, based on over 30 years of professional assessment engineering experience, that 100% of benefits conferred on assessed parcels within the District are distinct and special and that there are 0% general benefits conferred on these parcels. This is because the CBD funded programs and services are specially geared to the unique Deeds of each assessed parcel within the CBD and are directed specially only to these assessed parcels within the CBD. This concept is further TU i RMORMOVOTIM Caencral Benefit - Public At Large While the CBD funded programs are narrowly designed and carefully implemented to specially benefit the assessed District properties and are only provided for the special benefit to each and every assessed parcel within the District, these CBD funded programs may also provide an incidental general benefit to the public at large withintheDistricts Assessment Engineering experience in California has found that generally over 95% of people moving about within CBD boundaries are engaged in business related to assessed parcels and businesses contained on them within the District, while the public at large "just passing through" is typically much less than 5%. Based on this experience curve and the focused nature of the proposed Downtown Downey CBD funded programs and over 30 years of assessment engineering experience, it is the opinion of this Engineer that a general benefit factor of 0.03 (3%) of CBD funded special benefit program costs that might provide an immediate general benefit to the public at large will be applied to these applicable program costs in order to compute the dollar and percent value of general benefits to the public at large. Itis the opinion of this Engineer that the programs that may provide immediate general benefits to the public at large are the SOBO programs. The dollar value of this general benefit type equates to $1,989 as delineated in the following chart: General Benefits To `Public At'.Lame" A B I C % Allocation Dollar of Special General Benefit General Benefit General Benefit Program Element Allocation Benefit Cost Factor Percent x C Value x SOBO Services $120,000 51%® 0.03 1.53% $1,836- I lawaI 1 I I"Mel DIN No 13 61 N H U&M Big L" IgI DI DI nk-Stj DI 111),-M N While District programs and services will not be provided directly to parcels outside the District boundaries, it is reasonable to conclude that District services may confer an indirect general benefit on parcels outside the District boundaries. An inventory of the District boundaries finds that the District is surrounded by 40 parcels, either tangent to assessed parcels within the District or across streets and alleys from the District boundaries. Of these 40 parcels, 16 parcels are non-commercial. Based on over 30 years of assessment engineering experience, it is the opinion of this Engineer that general benefits are not conferred on non-commercial parcels lying outside of the District boundaries. This leaves 24 parcels outside of the District that can reasonably be assumed to receive some level of indirect general benefit as a result of CBD funded programs, services and improvements. Of the 24 parcels, 6 parcels have commercial uses and are directly tangent to assessed parcel within the District and 18 parcels have commercial uses but are separated from the District boundaries by either public streets or alleys. V;?_W -se , tEe_opinion of this Engineer that a benefit factor of 1.0 it -LT - be attributed to the 90 identified and assessed parcels within the District; a benefit factor of 0.05 be attributed to general benefits conferred on the 6 commercial parcels tangent to assessed parcels within the District; and, a benefit factor of 0. 0 1 be attributed to general benefits conferred on the 18 commercial parcels across streets and alleys from the exterior boundaries of the District The cumulative dollar value of this general benefit type equates to $1,352 ($845 + $507) as Composite General Benefit 1 $2,448 $122,448 Based on the general benefit values delineated in the three sections above, the total value of general benefits conferred On assessed parcels within the District ' the public at large and parcels outside the District equates to $ 1,232 ($0 +$770 + $462) or L30% of total program costs of $233,617 [$232.385 (special benefit) + $1,232 (general benefits)]. For the purposes of this analysis, this 130% value will be conservatively rounded up to 2%. This leaves a value of 98% assigned to special benefit related costs. The 2% general benefit value now equates to $ 41740 and when added to the special benefit value of $232,385 (Year 1 —2018/19 assessments) equates to a • Year I — 2018/19 RI program cost of $237,125. Remaining costs that are attributed to general benefits of $ 4,740 will need to be derived from other sources. A comparison of special and general benefit funding sources is shown on the chart on page 23, later in this Report. The total special and general benefit program activities and budget allocations that will be provided to each individual parcel assessed in the proposed Downtown Downey CBD are shown in the chart below: Total Year 1 — 20`18 - Special + General Benerit Costss All programcostsassociated with general benefits will be derived from sources or credits other than CBD assessments. Sample "other" revenue sources can be derived from special events, grants, volunteer hours and must simply equal a total of $ 4,740 per year which would equal the general benefit cost of 2% of the computed total CBD cost of $232,385.00 from the Table above. Here, program costs are spread among property variables that are common to each parcel include linear frontage lot or parcel size and building square footage, and residential condo parcels. Assessed valuation cannot be used as the basis for revenue generation in the state of California since Proposition 13 sets the assessed valuation at the time of purchase of the parcel, therefore adjacent parcels may be similar in size, but have different assessed valuations. We mustthereforespread the assessments among the consistent factors of each parcel, based upon 2018 data. The following data represents the foundation of the assessments that will generate the revenue to fund the Downtown Downey CBD: earl —2019 Proposed Special Benefit Work Plan and Budget Allocations Service Cale ory Annual Allocation - % o bud et Sidewalk Operations (curb to property line services) $120,000 — 51% District Identity — District Promotion 55,000- 24% ProgramManagement/Corporate operations $ 48,000 — 21% Contingency $9,385-4% 0 I I1iI I - I INNINUU1111 I t I # I Total Annual Revenue 1 $ 232,385.00 1 It is recognized that market conditions may cause the cost of providing goods and services to fluctuate from year to year. Accordingly, the Board of the Association shall have the right to reallocate up to 10% of the budget line item within the budget categories based on such cost fluctuations subject to the review and approval by the Board and included in the Annual Planning Report that will be approved by the Downey City Council pursuant to the CBD Ordinance. Accrued interest or delinquent payments may be expended in any budget category. Any funds remaining after the fifteenth year of operation will be rolled over into the renewal budget or returne to property owners proportionately to their individo, is for the CBD renewal may be expended from funds available at the time of renewal. If the District is not renewed or terminated for any reason, unexpended un s wi be returned to the property owners pursuant to the CBD Ordinance. The proposed Downtown Downey CBD services are described in more detail as follows: SIDEWALK OPEANFIONS , BEA UTJ FICATION, ORDER: $120,000 51% El Regular sidewalk and gutter sweeping L) Regular sidewalk steam cleaning Ll Beautification of the district L3 Enhanced trash emptying (over and above city services) L3 Timely graffiti removal, within 24 hours as necessary U Tree and vegetation maintenance (over and above city services) Ll Special events maintenance and setup Ll Maintenance of existing and new public spaces Ll Hanging plants, planting flowers throughout the district Ll Possible private security and/or camera system Ll Administration of the sidewalk operations services or staff SOBO Services will assist in enhancing the image of each individual assessed parcel in the CBD. This activity is design ] to increase vehicular and pedestrian traffic within the CBD that is intended to increase commerce and customer activi attract and retain new business and patrons for assessed parcels within the CBD boundaries, as well as increa Clean services provide cleaner entrances and perimeters for their employees, visitors, vendors and users of these pub] facilities. In the case of assessed residential uses, CBD funded programs and services improve the aesthetic appeal I' 10 DISTRICT IDENTITY AND STREETSCAPE IMPRONFEWNTS. $55,000 24% Examples of these special benefit services and costs may include, but are not limited to: L3 Web site development and updating Q App development Ll Management and coordination of special events L3 Social media r01192M. PAT-OWITIM Ll Holiday and seasonal decorations Ll Branding of Downtown Downey so a positive image is built U Banner programs El Public art displays 0 Downtown landmark sign and maintenance Ll Logo development Ll Public space design and improvements U Administration of District Identity Service Assessed commercial parcels will specially benefit from the DISI programs by attracting more customers, employees, tenants and investors as a result of positive communications between and among CBD parcels that will result in an enhanced marketing image of the District intended to increase business volume, sales transactions, commercial occupancies, and commercial rental income. In the case of assessed publicly owned parcels and facilities, CBD funded DISI programs will publicize public facilities and events on District website and outreach communications for the special benefit of each assessed publicly owned parcel which will draw more employees, visitors, vendors and users to these public facilities. In the case of assessed residential uses, CBD funded programs and services improve communications of District activities and programs to tenants, visitors -and -owners, which, in turn, may increase occupancies and rental income. ENHANCED RESIDENTIAL CONDO UNIT IMPROVEMENTS' (ftiture deve opments M Future residential condos built within the boundaries of the Downtown Downey CBD will be assessed separately due to their unique parcel status and special benefit needs in the district. Residential condos buildings or Town Homes will have the following special benefit services conferred on the frontage their parcels. These services in the future will include, but will not be limited to: Ll Installation, stocking and upkeep of pet waste distribution stations on the frontages a acent to t e hig concentrations of residential condo individually assessed parcels; M T 1 15 1 111 11 ;1� � I I I Ll Enhancement and beautification of sidewalks on the frontages adjacent to the high concentrations of residential individually assessed parcels; Ll Installation of hanging plants, and enhanced upkeep in the sidewalks surrounding these frontages adjacent to these residential condos; Ll Other services requested by the residents that confer special benefit to the areas directly adjacent to the parcels with high concentrations of residential condos; Ll Proportional share of the Administrative and Contingency costs to cover the oversight of the Enhanced beautification special benefit services. PROGRAM MANAGEMENT AND CORPORATE OPERATIONS: $48,000 Examples of these special benefit services and costs may include, but are not limited to: LJ Staff and administrative costs • Directors and Officers Insurance • Office related expenses • Rent E3 Financial reporting and accounting L) Legal work 11111 11y; p1111111111111111111 i pipi CONTINGENCY/CITY AND CouNTY FEEs,/RMERvE: $9,385 4-/J Examples of these special benefit services and costs include, but are not limited to: LJ Delinquencies Ll City Fees Ll County fees MINIMUM I q 111111111111111111111,1111111111111111111111111111 J! IT11 F1 TIIYC; activities that are intended to specially benefit each identified and assessed parcel in the proposed CBD. 7 1 ; fie pfo&Tkuns, ser%--M-M�j- M1pT*vFinFiTM'�&c1 MITIM re -'M falfcy and investors as a result of these programs, services and improvements, thereby increasing business volumes, sales H 11 f i• ^f i i r r r` r non - assessed parcels within or outside of Because these programs, • improvements will only rprovided to each individual assessed parcel within the Downtown Downey CBD boundaries, these programs, services and improvements will constitute "special benefits"Existing City of Downey services will be enhanced, not replaced or - In the case of the Downtown Downey CBD, the very nature of the purpose of this District is to fund supplemental programs, improvements and services within the Downtown Downey CBD boundaries above and beyond what is being currently funded either via normal tax supported methods_ or other funding sources. These services,_ programs and improvements, are designed to enhance the pedestrian and retail commercial core Uses, increase tenancy an in Meting of the mix of retail, entertainment, service, office, government, religious, residential and parking parcels and land uses in the Downtown Downey CBD and improve the aesthetic appearance of each identified parcel. All benefits derived from the assessments to be r on parcels within the Downtown Downey CBD are forprograms r improvements directly benefiting each individual parcel within this area and support increased cleanliness, commerce, business attraction f retention,r commercial property • and improved District identity.No Downtown Downey CBD funded services,activities or programs be provided outside of Downtown Downey :D boundaries. Tall, 4 11r.014 Tift"I'll to the entirety of the .......... cost of public improvement(s) or the maintenance and operation expenses ........... or the cost of the property related service being provided. Each identified parcel within the district will be assessed based on property characteristics unique only to that parcel. Parcels will be assessed based on a combination of factors: building area, land area and street frontage. The calculated assessment rates are applied to the actual measured parameters of each parcel and thereby are proportional to each and every other identified parcel within the district as a whole. Larger parcels and ones with larger building areas or larger street frontages are expected to impact the demand for services and programs to a greater extent than smaller land and/or building areas; and, thus, are assigned a higher proportionate degree of assessment programandservice costs. The proportionality is further achieved by setting targeted formula component weights for the respective parcel by parcel identified property attributes. The •roportionate specialbenefit costparcel has been "r based on optimum proportionate f components r • is listed r'.... an attachment f this Report as Appendix i • r :.. percentages _ proportionate relationship to the totalr benefit • 1 program and activity c1sts) are computed by dividing the individualparcel M Finding 4. From Section 4(a): "No assessment shall be imposed on any parcel which exceeds the reasonable cost of the proportional special benefit conferred on that parcel." Not only are the proposed program costs reasonable due to the benefit of group purchasing and contracting which would be possible through the Downtown Downey CBD, they are also considerably less than other options considered by the Downtown Downey CBD renewal proponent group. The actual assessment rate for each parcel within the Downtown Downey CBD directly relate to the level of service and, in turn, special benefit to be provided based on the respective building area, land area, street frontage. There are two benefit zones. It is noted that residential condominiums are assessed based on the individual building area of each unit. Finding 5. From Section 4(a): "Parcels ........ that are owned or used by any (public) agency shall not be exempt from There are 13 identified and assessable publicly owned parcels within the Downtown Downey CBD for which CBD funded special benefit programs, services and improvements will be provided. All 13 of the publicly owned parcels are owned by the City of Downey or its Community Development Commission. For publicly owned parcels and facilities within the CBD, each of these parcels especially benefit from CBD funded programs services and improvements. The special benefits include cleaner facility entrances and perimeters for their employees, visitors, vendors and other users of these public locations and facilities. Publicly owned parcels and facilities will be included in all maps, directories and District advertisements and web displays and are active components of the Uptown Whittier CBD identity and fabric. Each identified and assessable publicly owned parcel and facility within the CBD will proportionately specially benefit as delineated herein from the CBD funded supplemental services, programs and improvements. These services are designed to improve the cleanliness for visitors, their employees and users of public facilities on publicly owned parcels within the CBD by reducing litter and debris, each considered detractions to employment, visitation and use of public facilities if not contained and properly managed. In turn, these CBD services will serve to enhance the public service levels provided by public facilities and parcels within the CBD. There is no compelling evidence that these identified assessable publicly owned parcels and facilities would not proportionately specially benefit from all other CBD funded programs, services and improvements as delineated herein and, thus, will be assessed accordingly. All current publicly owned parcels within the CBD are shown in the following chart: Year 1 — 2017/18 API -------- Legal Owner site H Site Street Assessment Percent 1 i 1 i ! L C 1 . . .. 6254 008 901 City of Downey 8201 2nd St $ 5,104.96 2.20% 6254 009 900 City of Downey 11102 La eina Ave $ 3;115.98 1.34% 6254 016 912 City of Downey 11111 Brookshire Ave $ 16,610.87 7.15% 6254 019 900 City of Downey 8321 2nd St $ 446.34 0.19% 6254 019 901 City of Downey 8320 3rd St $ 446.31 0.19% 6254 020 903 City of Downey 8313 Firestone Blvd $ 85.76 004% 6254 020 913 City of Downey 8355 Firestone Blvd $ 1,165.79 0.50% 6254021 919 City of Downey 11131 Brookshire Ave $ 6,620.60 2.85% 6254 021 922 City of Downey 8435 Firestone Blvd $ 110.49 0.05% 6254 021 923 City of Downey 8435 Firestone Blvd $ 3,145.08 1.35% 6255 002 900 City of Downey 8356 Firestone Blvd $ 4,349.90 1.87% 6255 003 900 City of Downey *no Site Address* $ 6,385.72 2.75% TOTAL $ 46,422.02 20.48% 6254019 904 Community Dev Commission of Downey $ City 11022 Downey Ave 1,479.15 0.64% _ Finding 6. From Section 4(b): "All assessments must be supported by a detailed engineer's report prepared by`a registered professional engineer certified by the State of California". �• • 1•U .21 Finding 7$ From Section 4(c): "The amount of the proposed assessment for each parcel shall be calculated (along with) the total amount thereof chargeable to the entire district, the duration of such payments, the reason for such assessment and the basis upon which the amount of the proposed assessment was calculated." The individual and total parcel assessments attributable to special property benefits are shown on Appendix 1 to the Management District Plan and this Report. The District and resultant assessment payments will continue for 10 more years and may be renewed again at that time. The reasons (purposes) for the proposed assessments are outlined in Finding 2 above as well as in the ManagementDistrictPlan. The calculation basis of the proposed assessment is attributed to building area, land area, street frontage. There are two benefit zones. It is noted that residential condominiums are assessed based on the individual building area of each unit. Assessment Formula MethEdoloa Introduction The method used to determine special benefits derived by each identified property within a CBD begins with the selection - of a -suitable and tangible basic benefit unit. For property related services, such as those proposed in the Downtown IN I I ii I % - --- r t - I , — - - -------- Downey CBD, the benefit unit may be measured in linear feet Of street frontage or parcel size in square feet or building size in so-uare feet or number f �buildMn floors or any combination of these factors. Factor *uantities for each [carcel are then measured or otherwise ascertained. From these figures, the amount of benefit units to be assigned to each property can be calculated. Special circumstances such as unique geography, land uses, development constraints etc. are carefully reviewed relative to specific programs and improvements to be funded by the CBD in order to determine any levels of formula is developed which is derived from a singular or composite basic benefit unit factor or factors. Within the assessment formula, different factors may be assigned different "weights" or percentage of values based on their Next, all program and activity costs, including incidental costs, District administration and ancillary program costs, are estimated. It is noted, as stipulated in Proposition 218, and now required of all property based assessment Districts, into the assessment formula and levied on theDistrict �icroLt_ anl-j direct or "special" benefits and costs may be considered. Indirect or general benefit costs, if any, must be identified, calculated and factored out of the assessment cost basis to produce a "net" cost figure. In addition, Proposition 218 no longer automatically exempts government owned property from being assessed and if special benefit is determined to be conferred upon such properties, they must be assessed in proportion to special benefits conferred in a manner similar to From this, the value of a basic benefit unit or "basic net unit cost" can be computed by dividing the total amount of estimated net program costs by the total number of benefit units. The amount of assessment for each parcel can be computed at this time by multiplying the Net Unit Cost times the number of Basic Benefit Units per parcel. This is known as "spreading the assessment" or the "assessment spread" in that all special benefit costs are allocated proportionally or "spread" based on special benefits conferred on benefitting properties within the PID. M I sli I M�� secondary benefit zones to be identified to allow fora tiered assessment formula for variable or "stepped -down" benefits derived. Step 1. Select "Basic Benefit Unit(s)" Based on the specific needs and corresponding nature of the program activities to be funded by the Downtown Downey CBD (i.e. sidewalk operations and beautification; district identity; administration/management services; and, rM contingency/re serve) it is the opinion of this Assessment Engineer that the assessment factors on which to base The interactive application of building area, land area and street frontage quantities are a proven method of fairly and equitablyspreadingspecial benefit costs to the primary beneficiaries of Downtown Downey CBD funded services, programs and improvements. Each of these factors, except as noted herein, directly relates to the degree of special benefit each parcel will receive from Downtown Downey CBD funded activities. a direct measure of • of • its corresponding•. or draw on certain Downtown Downey CBD funded activities (i.e. 100% allocated to district identity costs). In the opinion of this Assessment Engineer, the targeted weight of • buildingbased on e property characteristics,should Land are .is r direct measure of the current and future development crfr:... of each parcel and • ii f impact or draw on certain Downtown Downey CBD funded activities (i.e. balance to sidewalk operations/beautification costs, and balance will fund 100% of program management costs and 100% of contingency/reserve costs). In the opinion of this Assessment Engineer, the targeted weight of • f area, should generate approximately 2• r i of • 111-Vowntown Downey CBD revenue to proportionately fund the special benefit costs for these related programs and Qervices. It is noted that Benefit Zone 2 shall not be assessed for land area. Street frontage is a direct measure of the static utilization of each parcel and its corresponding impact or draw on certain Downtown Downey CBD funded activities (i.e. 100% allocated to fund sidewalk operationsibeautification)._ In the opinion of this Assessment Engineer, the targeted weight of this factor, street frontage; should generate approximately 52% of the total Downtown Downey CBD revenue to proportionately fund the special benefit costs for these related programs and services. cial Circumstances 1. Future Residential Condominiums In the case of any future residential condominiums, land area and street frontage quantities do not relate precisely to the building orientation and configurations of multi -unit, multifloorresidential condominium complexes. Thus, it is the opinion of this Engineer that the condo unit building area is a proven method of fairly and equitably spreading special benefit costs to these unique property ownerships and land uses. This assessment factor directly relates to the M proportionate amount ofspecialbenefit each residential condominium parcel will receive from targeted Downtown Downey CBD funded activities for this land use. 2. Future Commercial and Mixed -Use Condominiums While there are no current commercial or mixed-use condominiums within the proposed Downtown Downey CBD, itis the opinion of this Engineer that such units; if and when built, shall be assessed based on actual land area covered, condo building area and direct street frontage for each unit. Because such uses are typically developed as part of a multi -floor mixed-use complex, special methodologies are needed to address the levy of assessments on such land uses as follows: Multi -Floor Commercial Only Condominiums - Building area assessed at respective building area rate Land assessed at land area rate but pro -rated for each unit relative to total building area Frontage assessed at frontage rate but pro -rated relative to total building area Multi -Floor Mixed -Use Condominiums -Commercial condo building area assessed at respective commercial building area rate Residential condo units would be assessed at 20 cents per square foot of building area plus any annual approved rate adjustments =Land assessed at land area rate (assessed on Istfloor commercial condos for land area covered) Frontage assessed at frontage rate (assessed on -1 st floor commercial. condos for actual street frontage) {ether Future i evelo nient Other than future maximum rates and the assessment methodology delineated in this Report, per State Law (Government Code Section 53750), future assessments may increase for any given parcel if such an increase is attributable to events other than an increased rate or revised methodology, such as a change in the density, intensity, or nature of the use of land. Any change inassessmentformula methodology or rates other than as stipulated in this Report would require anew Proposition 218 ballot procedure in order to approve any such changes. The `Basic Benefit Units" will be expressed as a combined function of gross building square footage (Benefit Unit "A") land square footage (Benefit Unit "B"), street frontage (Benefit Unit "C") and residential condominium building area (Benefit Unit "D"). Based on the shape of the Downtown Downey CBD; as well as the nature of the District program elements, it is determined that all identified properties will gain a direct and proportionate degree of special benefit based on the respective amount of building size, parcel size and street frontage, except as noted herein, within two benefit zones. Residential condominiums will gain a direct and proportionate degree of special benefit based on the individual building area of each unit. m There are two Benefit Zones within the proposed Downtown Downey CBD. Except as noted herein, assessments are based on three formula components: building square footage; land square footage and street frontage. Residential condominiums assessments if/when built will be based on the individual building area of each unit. The Basic Benefit Units are delineated as,follows: 1) Benefit Units for the building area, "Unit A", 2) Benefit Units for the land area, "Unit B"; 3) Benefit Units for street frontage, "Unit C"; and, 4) Benefit Units for future residential Step 2. Quantify Total Basic Benefit Units Taking into account all identified benefiting properties and their respective assessable benefit units, there are 1,153,991 Benefit Units A, 2,049,768 Benefit Units B, 15,195 Benefit Units C and 0 Benefit Units D. The measurable assessable quantities and corresponding revenue generated by each factor are shown in the tables below: Benefit Unit, Quantities by, Zone for YR I — 2018119 Assessment Revenue by,factor ,for YR I —2f11 119 Step 3. Calculate Benefit Units for Each Property. The number of Benefit Units for each identified benefiting parcel within the Downtown Downey CBD was computed from data extracted from County Assessor records and maps. These data sources delineate current land uses, building areas, property areas and dimensions of record for each tax parcel. While it is understood that this data does not represent legal field survey measurements or detailed title search of recorded land subdivision maps or building records, it does provide an acceptable basis for the purpose of calculating property based assessments. All respective property data being used for assessment computations will be provided to each property owner in the Downtown Downey CBD for their review. All known or reported discrepancies, errors or misinformation will be corrected. Step 4. Determine Assessment Formula Based on the nature of the programs to be funded as well as other rationale outlined in Step I above, itis the opinion of this I I M I I I I I I I I I except as noted within. The proposed assessment formula is as follows: Assessment Building Area (Unit A) Sq Ft x Unit A Rate, plus Zone I Build ipg_ArgA_&(Unit A) $50,034.92 / 988,676 sq ft $0.050608/so ft one.l Land A -n Rat-, (Unit B) $60,380.42/ 1,977,093 sq = $0.030540/sq ft Zone 1 &2 Street Frontgop. late (Unit Q $121,970.35 / 14,936 linear ft 166199/lin F1 Residential Condo Rate (Unit D) � %Mkft III IgIIIIIIIgIIII !11111 11 1_1 _III I � p � 1 �, I I q mmmm Step 5. Estimate District Costs The projected 15 -year special benefit District costs for 2019 — 2034 of the Downtown Downey CBD are shown below in M•� M, Fifteen -Year Projection of Maximum Assess ent for the Downtown Downey CBD FYI FY2 FY3 FY4 FY5 FY6FY7 Sidewalk Operations, $120,000.00 $126,000.00 $132,30000 $138,915.00 $145,860.75 $153,153.79 $160,811.48 Beautification and Order Prop,, Mgmt/Corp: $48,000,00 $50,400,00 $52,920.00 $55,566.00 $58;34430 $61,261,52 $64,324.59 Total $232,385.00 $244,004.25 $256,204.46 $269,014.69 $282;465.42 $296,588.69 $311,418.13 Sidewalk Operations, $168,852.05 $177,294.65 $186,15939 $195,46736 $205,240.72 $215,502.76 $226,277.90 $226,816.65 Beautification and Order Prop: gmt/Corp. $67,540.82 $70,917.86 $74,463;75 $78,186.94 $82,096.29 $86,201:10 $90,511.16 $90,726,66 Total $326,989.03 $343,338.48 $360,505.41 $378,530.68 $397,457.21 $417,330.07 $4389196.58 $439,239.90 15 Year Proiected district Special'Benefit Casts inot to exceed % annual.increase It is recognized that market conditions may cause the cost of providing goods and services to fluctuate from year to year. Accordingly, the Association Board shall have the right to reallocate up to 10% of the budget line item within the budget categories based on such cost fluctuations subject to the review and approval by the Board of Directors and included in the Annual Planning Report that will be approved by the Oakland City Council. Accrued interest or delinquent payments may be expended in any budget category. Any funds remaining after the fifteenth year of operation will be rolled over into the renewal budget or returned to stakeholders. Also, CBD funds may be used to pay for renewal costs in Operating Years 14 and 15. If the District is not renewed or terminated for any reason, unexpended funds will be returned to the property owners pursuant to State PBID Law. M Step 6. Separate General Benefits from Special Benefits and Related Costs (Prop 218) Total costs are estimated at $237,125 (see Table below). General benefits are factored at 2% of total (see Finding 2 on page 8 of this report) with special benefits set at 98%. Prop 218 limits the levy of property assessments to costs attributed to special benefits only. The 2% general benefit cost is computed to be $4,740 with a resultant 98% special benefit limit computed at $232,385. This is the mighnuin aniquilt t!Lrevomite that can be derived rompUo sLbLecl CBQLrom the first.Lear oLo Total Year I — 2018 - Snecial + General Benefit Costs Step 7. Calculate "Basic Unit Cost" With a YR I — 2019 budget of $232,385 (special benefit only), the Basic Unit Costs (rates) are delineated above in Step 4. Since the Downtown Downey CBD is being formed for a 15 -year term, maximum assessments for future years (2019- 2034) must be set at the inception of the CBD. An annual inflationary assessment rate increase not to exceed 5% may be imposed for future year assessments, on approval by the Association Board. The maximum assessment rates for the 15 - year CBD term of 2019-2032 are shown in the Table below. The assessment rates listed constitute the maximum assessment rates that maybe imposed for future years of the Downtown Downey CBD (2018-2032). M YR I - 2018 Assessment Service Costs YR I - 2018 Non -Assessment Costs YR I —2018 Total Costs % of Total Sidewalk Qper ions $120,000 $2,448 $122,448 51% District Identity$55,000 $1;122 ------- - - -- $56,122 24% Program Management $48,000 $979 $48,979 21% Contin enc $9,385 $191 $9,576 4% Total $232,385.00 $4,740 $237,125.00 100% All program costs associated with general benefits ($4,740) will be derived from monetary sources other than Downtown Downey CBD assessments. Geqeral,+,Special Benefit -Revenue Sources Revenue Source Cost Downtown Dqwriqy_CBD Assessment Revenue - Year I —2018) $232,385 Other revenues to fund general benefit costs (grants, dues, program income) $4,740 'Total Costs — General and special benefits $232,385 Step 7. Calculate "Basic Unit Cost" With a YR I — 2019 budget of $232,385 (special benefit only), the Basic Unit Costs (rates) are delineated above in Step 4. Since the Downtown Downey CBD is being formed for a 15 -year term, maximum assessments for future years (2019- 2034) must be set at the inception of the CBD. An annual inflationary assessment rate increase not to exceed 5% may be imposed for future year assessments, on approval by the Association Board. The maximum assessment rates for the 15 - year CBD term of 2019-2032 are shown in the Table below. The assessment rates listed constitute the maximum assessment rates that maybe imposed for future years of the Downtown Downey CBD (2018-2032). M component FYI FY2--- FY3 FY4 FY5 -- Linear Frontage $ 81663 $ 8.5746 $ 9.0033. S 9.4535 $ 9.9261 Buildin S . Ft, $ 0.050608 $- 0.053138 $ 0.055795 $ 0.058585 $ 0,061514 Lot S uare Ft. $ 0.030540 $ 0.032067 $ 0.033670. $ 0.035354 $_ 0;037122 Condo Sq. Ft. $ 0.20000 $ 0.21000 $ 0.22050 $ __ 0.23153 $ 0.24310 Assessment Formula Com onent FY6 FY7--- FY8 FY9 FY10 Linear Frontage $ 10.4224 $ 10.9436 $ 11:4907 $ 12;0653 $ 12.6685 Building Sq, Ft: $ 0:064590 $ 0.067820 $ 0.071211 S- 0.074771 $ 0,078510 Lot S sears Ft: $ 0:038978 $ 0.040927 $ 0.042973 $ 0.045121 $ 0.047378 Condo S . Ft. $ 0.25526 $ 0.26802 $ 0.28142 $ 0.29549 $ 0.31027 Assessment Formula ` Com onent FYI FY12__ FY13 FY14 FY15- Linear Fronta e $ 13.3020 $ 13.9671 $ 14.6654, $ - 15.3987 $- 16.1686 Buildin S . Ft. $ 0.082435 S 0.086557 $ 0.090885 - $ -- 0„095429 $ 0;100200 Lot S uare Ft. $ 0.049746 $ 0.052234 $ 0.054845 - $ 0:057588 $ 0.060467 CondoS . Ft. - $ 0.32578 $ 0.34207 $ 0.35917 $ 0.37713 $ 0:39599 Ste12 8.- Spread the Assessments The resultant assessment spread calculation results for each parcel within the Downtown Downey CBD are shown in is '' �' - �- - -� � .►� f � � - �- - Bonds: No bonds are to be issued in conjunction with this proposed CI3D. Duration - As allowed by local CBD Laws the District will have a 15 year operational term beginning December 1, 2018. At that time the District may be renewed again in accordance with the provisions of the CBD Ordinance. If the District is not renewed, unencumbered surplus funds will be returned to property owners based upon each parcel's percentage contribution to the previous fiscal year's assessments. Mic Infivag1julay 1 IS 1 03M 24 APN Annual 6254 018 005 $538.97 6254 021 025 $1,072.70 - Assessment 6254 018 023 $969.39 6254 021 030 $5,032.22 6254001014 $2,843.36 6254 018024 $3,682.74 6254 021 031 $16,260.95 6254 001 017 $4,157.61 6254 018 028 $863.92 6254 021 919 $6,620.60 6254007004 $2,676.44 6254 019 001 $2,445.95 6254 021922 $110.49 6254 007 013 $3,881.48 6254 019 003 $758.41 6254 021923 $3,145.08 6254 008 005 $8,513.20 6254 019 004 $761.41 6255 001 012 $724.83 6254008 901 $5,104.96 6254 019 027 $2,148.53 6255 002 008 $2,204.26 6254 009 002 $2,017.23 6254 019 028 $4,613.93 6255 002 009 $3,231,19 6254 009 012 $3,328.59 6254 019 900 $446.34 6255 002 010 $977.35 6254 009 013 $773.36 6254 019 901 $446.31 6255 002 011 $1,115.64 6254009014 $1,341.13 6254 019 904 $1,479.15 6255 002 012 $3,416.56 6254 009 900 $3,115.98 6254 020 001 $119.80 6255 002 013 $4,067.92 6254 010 033 $4,042.44 6254 020 002 $717.73 6255 002 023 $2,775.94 6254 010 034 $2,905.38 6254 020 003 $951.15 6255 002 028 $4,739.43 6254 010 035 $5,517.83 6254 020014 $1,160.47 6255 002 032 $5,888.06 6254 011 003 $2,010.28 6254 020 017 $1,739.08 6255 002 033 $2,255.23 6254 011008 $699.90 6254 020 020 $836.77 6255 002 034 $2,831.13 6254 011010 $809.41 6254 020023 $1,623.42 6255 002 900 $4,349.90 6254 011012 $5,262.62 6254 020 024 $451.43 6255 003 001 $3,114.60 6254 011 013 $2,435.07 6254 020 025 $533.85 6255 003 005 $891.16 6254 011014 $1,188.60 6254 020 027 $8,257.93 6255 003 006 $564.85 6254 012008 $596.39 6254 020 028 $1,909.16 6255 003 007 $1,153.76 6254 012 009 $623.02 6254 020 029 $2,003.14 6255 003 015 $2,659.70 6254 012 010 $2,137.21 6254 020 808 $2,158.96 6255 003 018 $8,010.09 6254 012 011 $3,523.33 6254 020 903 $85.76 6255003019 $2,185.15 6254 012 013 $3,996.82 6254 020 913 $1,165.79 6255 003 900 $6,385.72 6254 012 015 $1,559.58 6254 021 023 $2,059.57 6254 016 912 $16,610.87 03M 24 1 IA'Al C I UIVJ 1 I 111111AVIN LUVJT1 0 1 11 . i RESOLUTION NO. PAGE 6 Amended Assessment Ballot Proceeding Results [a Cj�ybfbowney TO: Downtown Downey Community Benefit District Property Owners FROM: Aldo E. Schindler, Director of Community Development DATE: June 8, 2018 SUBJECT: Notice of Public Hearing to Establish the Downey Community Benefit District, to be known as the Downey CBD, and the levy and collection of assessments for Fiscal Year 2018-2019 Dear Downtown Downey Property Owner: As you recall, the City of Downey has been communicating a plan fora new "Community Benefit District" for Downtown Downey. We are now ready to initiate the final phase of this effort. The Community Benefit District is a property assessment district that will provide the downtown property owners with independent, property owner -controlled finances to better control and fund special events, marketing, promotional activities, public space development, security, maintenance and beautification, property enhancements, and the creation of a new property owner -controlled non-profit corporation to spend and manage these funds. The purpose of this notice is to provide you with information about the assessment ballot proceeding and public hearing being conducted by the Downey City Council on Tuesday, July 24, 2018. Enclosed please find your official ballot for the proposed Downtown Downey Community Benefit District ("Downey CBD"). Because you are an affected property owner, you have the right to vote in favor or against the formation of the Downey CBD which is proposed to be formed fora 15 year term. if the Downey CBD is established, - an annual assessment will be collected from each property owner on their county property tax bills beginning with the bill due in December 2018. The amount of the assessment for your parcel(s) can be found on the enclosed ballot. The Downey City Council will conduct a Public Hearing on Tuesday, July 24, 2018 at 6:30 p.m. in the City Council Chambers, Downey City Hall, 11111 Brookshire Avenue, Downey, CA 90241. At this hearing, the City Council will hear testimony regarding the proposed assessment. On May 22, 2018 and June 7, 2018, the Downey City Council approved a Resolution of Intention to form the Downey CBD. The Resolution of Intention states that the assessment proposed to be levied and collected for Fiscal Year 2018-19 is $253,589. The amount to be levied and collected for subsequent years may be increased, by an amount not to exceed five percent (5%) per year, as decided upon by the property owner -controlled CBD governing Board of Directors. Per the City of Downey's Community Benefit District Ordinance (Article ll, Chapter 14) of the Downey Municipal Code, and the California State Constitution, Article XIII (d), official ballots are being mailed to affected property owners. The City Council will approve formation of the Downey CBD and the assessment if, at the close of the Public Hearing, the ballots submitted in opposition to the assessment do not exceed the ballots submitted in favor of the assessment, with the ballots weighted according to the proportional financial obligation of the affected property. The Downey CBD will then be established for the Fiscal Year 2018-19 and property tax bill cycle due in December 2018. The City Council will not impose an assessment if there is a majority protest. A majority protest exists if, upon the conclusion of the hearing, the weighed ballots submitted in opposition to the assessment district exceed the weighted ballots submitted in favor of the assessment. The results of the balloting will be tabulated and announced by the conclusion of the public hearing, which is scheduled for July 24, 2018. The assessment ballot will be treated as a public record during and after tabulation of the assessment ballots. Downey CBD stakeholders - have met the requirements of the City of Downey's enabling ordinance by submitting qualified petitions and an appropriate Management District Plan, which is available at the City's website: http,//www.downevca.ora/der)ti5/cd/downtown, communq benefit distrigLasp and certified by a qualified District Assessment Engineer. The nnethodokmyused for the aanemonuentlsca�u�bedbased Un`��g�enparcel's `linear .kds�e square footage, and building square footage. There iaeseparate oa|ou|abonfor residential - condominiums. A more detailed breakdown of the assessment methodology can be found in Section 4 of . the enclosed Management District Plan. Assessment Ballot Procedures: Enclosed with this notice, you will find: (1) an Assessment Ballot, (2) Management District Plan, and (3) Return Envelope to return your signed ballot. /\digital copy of the fully executed Ordinance, Resolution of Intent, the Downtown Downey Community Benefit District 2Q18 Management District Plan, District Assessment Engineer's Report, and Ft| Asked QU also befound onthe City's website The following is a summary of the procedures governing the return and tabulation of the ballots: • The City of Downey, through the City Clerk's Office, will handle the sending ofnotice and ballots. The receipt and counting of the ballots will be handled by the City Clerk's Office. w, A ballot is being sent to the owner of each parcel identified in the Downey CBD Management District Plan and verified by the District Assessment Engineer's Report. The ballot will be sent to the parcel property owner address on file with the County Assessor's Office. |fthe ballot io returned as undeliverable within 21 days of mailing, the (�ity {�|erk'�(��i��wi|| attempt to determine m correct owner and/or address and re -send the ballot. w Property owners who own multiple parcels under the same ownership title within the proposed CBD will receive a single ballot for all of the properties owned and may vote at once with that ballot for all properties listed. .w' Property owners who own multiple parcels under different ownership titles within the proposed CBD will receive separate ballots for each parcel. • Only ballots with original signatures (not photocopies of signatures) will be accepted. Ballots will NOT becounted ballot: , • ksaphotocopy without anoriginal signgtuna; o ieunsigned; or o lacks onidentifiable "yes"or"ng"vote. w, Ballots must Decast by the property owner, Orauthorized party with authority bJvote on behalf of the property owner. "* Ballots are requested bnbemailed inthe return envelope enclosed with ballot. |faballot ishand delivered, itmust be delivered bothe City Clerk bythe conclusion qfthe Public Hearing. Tdbm officially counted, all ballots whether mailed or hand de|ivenad, must be received bythe City Clerk prior to the close of the public input portion of the Public Hearing scheduled for Tuesday, July 24, 2O1BmtO:3Op.m.inDowney City Hall, Council Chambers located et11111 Brookshire Avenue, Downey, CA. For more information please contact me at5O2-9O4-7Y51or Respectfully, Aldo ESchindler