Laserfiche WebLink
3. Residential owners and have the right to vote in a Proposition 218 hearing, tenants <br /> do not have that right. <br /> 4. Residential condo owners are required to contribute to a legally established <br /> Homeowners Associations to oversee building maintenance, tenants are no.; <br /> The assessment methodology has been written to confer special benefits to residential condo <br /> individual assessed parcels since residential condo owners have unique investment backed <br /> expectations about the care and maintenance of the building and its surroundings compared to <br /> the interest of residential tenants who have a possessory not an ownership interest. The <br /> residential condos' special assessment methodology ensures that a fund will be established to <br /> maintain high levels of special benefit services that apply directly and proportional to the blocks <br /> that demand virtually seven days per week, 365 days per year special benefits. <br /> As redevelopment of various parcels occurs within the boundaries of the CBD in the next 15 <br /> years, building square footage may be removed, and then added onto that parcel through the <br /> process of redevelopment. The Management Corporation operating the CBD will ensure that <br /> the removal or addition of building square footage is reported to the city and county annually <br /> through their annual report on any changes to the assessment district. The parcel costs will be <br /> lowered, or rise accordingly, based upon the activity within that parcel —from year to year. <br /> In future years, the assessments for the special benefits bestowed upon the included CBD <br /> parcels may change in accordance with the assessment methodology formula listed in this <br /> Management District Plan and Engineer's Report provided the assessment rate does not <br /> change. If the assessment formula changes, then a Proposition 218 ballot will be required for <br /> approval of the formula changes. <br /> Exemptions: <br /> No benefitting parcels, regardless of taxable or tax-exempt property tax status, will be exempt <br /> from the assessments funding the special benefit services of the Downtown San Leandro CBD. <br /> Special benefit services will not be provided to any parcels outside of the boundaries of the <br /> district. Publicly owned property will be assessed the same as privately owned parcels based <br /> upon their location within Benefit Zone 1 or 2. <br /> Calculation of Assessments: <br /> The proportionate special benefit derived by each identified parcel shall be determined in a <br /> relationship to the entirety of the improvement or the maintenance and operation expenses of <br /> an improvement or for the cost of property service being provided. Per California Constitutional <br /> Amendment Article XIII D, Section 2(i), "Special Benefit", means a particular and distinct benefit <br /> over and above general benefits conferred on a real property located in the district or to the <br /> public at large. <br /> No assessment will be imposed on any parcel that exceeds the reasonable cost of the <br /> proportional special benefits conferred upon that parcel. Only special benefits are assessable <br /> and these benefits must be separated from any general benefits. A general benefit is defined as <br /> 22 <br />