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24-3423 Streetl Lighting Assessment Preliminary Rate Resolution
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24-3423 Streetl Lighting Assessment Preliminary Rate Resolution
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6/26/2024 9:18:48 AM
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Resolutions
City Clerk - Date
6/24/2024
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Street Lighting Assessment <br />Preliminary Rate Resolution <br />roadways to enhance safety benefits for vehicles and pedestrians and, in coordination with <br />City staff, prioritized such projects in tiers focused on public safety. <br />(D) The City then engaged Bryant Miller Olive, PA and Raftelis Financial <br />Consultants, Inc. to evaluate the City's Street Lighting Assessment program and develop <br />an updated assessment rate schedule sufficient to fund the full cost of providing Street <br />Lighting Services each year for the ten year period commencing with Fiscal Year 2023-24, <br />including amounts sufficient to pay for the street lighting capital improvement projects <br />identified as Tier 1, Tier 2 and a portion of Tier 3 in the Need Study, and additional annual <br />operating costs resulting from such capital improvements. <br />(E) The City provides Street Lighting Services at levels of service that are <br />essentially equal throughout the Street Lighting Service Area, such that there is no material <br />difference in the benefit to Tax Parcels in commercial corridors compared to the rest of the <br />Street Lighting Service Area. Therefore, it is fair and reasonable to adopt a rate structure for <br />the Street Lighting Assessments which is applied uniformly throughout the Street Lighting <br />Service Area. <br />(F) While homeowners' associations associated with Excluded Subdivisions fund <br />streetlights which illuminate platted right-of-ways, a multi -family parcel funds lighting within <br />that parcel, much as a large commercial parcel funds interior lighting to illuminate parking <br />and building access. The function of the streetlights funded by the respective homeowners' <br />associations for Excluded Subdivisions is the same as the function of the street lights funded <br />by the City's assessment program, that is, the lighting of platted right-of-ways. Therefore, if <br />Tax Parcels in HOAs that fund street lights on platted internal right-of-ways within their <br />subdivisions were not excluded from the Street Lighting Assessments, such parcels would <br />7 <br />
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