pages: CityCouncil/2021-02-16.pdf, 17
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2021-02-16 | 17 | (21-104) Public Hearing to Consider Resolution No. 15747, "Calling Special Election Regarding Alteration of the Rate and Method of Apportionment of Special Taxes for Community Facilities District No. 17-1 (Alameda Point Public Services District). " Adopted. The Base Reuse Manager gave a brief presentation. Councilmember Daysog inquired whether the proposed fees are on top of the 1% ad valorem property tax and any other add-on property tax, to which the Base Reuse Manager responded in the affirmative. In response to Councilmember Herrera Spencer's inquiry, the Base Reuse Manager stated the five acres of apartments are within the Site A property; the calculation is per acre; however, most Community Facilities Districts (CFD) within the City are per unit; calculations in the future will be per unit. Councilmember Herrera Spencer inquired whether the property within Site A will ever be taxed on a per unit basis or whether the area will always be taxed on a per acre basis, to which the Base Reuse Manager responded areas [that already have land use entitlements] will stay at a per acre basis. Councilmember Herrera Spencer inquired the reasoning to not be taxed on a per unit basis. The Base Reuse Manager responded calculations are not to be retroactive; stated the original tax method is to stay. The Interim Community Development Director stated the original expectation for apartment owners is per acre and the expectation should not be modified; staff is resetting the calculation for the future. Councilmember Herrera Spencer inquired whether all units will eventually have the same calculation and whether per acre calculation will provide less tax dollars overall. Sara Mares, NBS, responded the calculation depends on the number of units develop and the acreage; the math will determine whether the rate per acre ends up being less or more than a rate per unit on the same property. Councilmember Daysog noted part of the report shows a conversion from per acre to per unit; stated it is possible the apartments could pay as much in a per unit basis depending on the square footage of apartments. Councilmember Herrera Spencer stated the number of units on the site is known; expressed concern about different tax schedules in different areas. Regular Meeting Alameda City Council 15 February 16, 2021 | CityCouncil/2021-02-16.pdf |