Create special district to fund Marina Bay landscaping and lighting maintenance

To approve the resolution initiating proceedings to form the Marina Bay Landscaping and Lighting Maintenance District, levy of assessments for 2009-2010, call for a hearing on July 28, and accept the staff and engineers report with the following inclusions that the Marina Bay Assessment District ballot measure will include: (1) a commitment to maintain a City funded basic level of service for the Marina Bay Assessment District that will not be reduced to insure the community that this tax for enhanced landscaping and lightening services will not be supplanted; (2) the contribution for the enhanced services, water and other utilities in the Assessment District will average a 42 percent for city and 58 percent for the property owners in the Assessment District due to the national, regional and community at large use of the Marina Bay Parks and Trail assets; and (3) the Marina Bay Assessment District Advisory Committee will have nine members of which five members will be appointed by the HOA Associations for representation, 1 member appointed by the Neighborhood Council for representation, 2 members of non residential property owners and the Harbor Master as the City representative. The Marina Bay Assessment District Advisory Committee and the City staff will provide an annual report of the Assessment District finances and activities to the Neighborhood Council, and the Marina Bay HOA Associations and the City Council.