19-3107 Initial Assessment Resolution for Sausalito Shores Subdivision Wall

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(C) The City Commission enacted the Ordinance to authorize, and provide a process for, the imposition and collection of special assessments, sometimes referred to as non -ad valorem assessments, to fund the costs of capital improvements and municipal services which provide a special benefit to the real property subject to the special assessment. (D) In accordance therewith, the City Commission desires to create the Sausalito Assessment Area to fund the Project Cost of the Sausalito Shores Subdivision Wall. The Sausalito Shores Subdivision Wall constitutes a Local Improvement as defined in the Ordinance. (E) Construction of the Sausalito Shores Subdivision Wall will serve to maintain the high quality of residential neighborhoods within the City, thereby promoting economic stability, an exceptional quality of life, and community serenity and security. (F) The City Commission hereby determines that development of the Sausalito Shores Subdivision Wall is a proper public purpose that will achieve important City objectives including but not limited to stimulating economic development within the City, enhancing aesthetics for the Red Bug Lake Road corridor, improving safety for the traveling public, increasing the property value and marketability of Assessed Parcels, increasing the City's tax base, and decreasing noise and light intrusion for surrounding property owners and the traveling public. (G) The Sausalito Shores Subdivision Wall will provide a special benefit to all Platted Lots located within the Sausalito Assessment Area by improving and enhancing the exterior subdivision boundaries, the subdivision identity and the subdivision aesthetics, reducing noise, increasing security, and increasing marketability, thus enhancing the value, use and enjoyment of the Sausalito Assessment Area. Undevelopable Tracts will not derive a special benefit from construction of the Sausalito Shores Subdivision Wall. (H) The City Commission has reviewed the Assessment Report, a copy of which is on file in the office of the City Manager and incorporated herein by reference. According to the Assessment Report, each Platted Lot within the Sausalito Assessment Area will derive an equal benefit from the construction of the Sausalito Shores Subdivision Wall. The City Commission hereby finds the report and the conclusions Resolution 19-3107 Page 5of17