pages: CityCouncil/2022-04-19.pdf, 19
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CityCouncil | 2022-04-19 | 19 | perpetuity and is the next item Council will consider; the current item will issue bonds with a 30- year repayment period. Councilmember Herrera Spencer inquired whether the owners of the properties vote on the matter. The Public Works Director responded in the affirmative; stated the ballots were sent out and received by the City Clerk. Councilmember Herrera Spencer inquired how many ballots were sent out. Paul Thimmig, Quint & Thimmig, responded only one property owner is subject to the tax; stated the property owner has submitted a ballot; the next CFD item has three property owners subject to the tax; a future annexation area exists for CFD 22-1, which will only be added if the property owner petitions to add the area. Councilmember Herrera Spencer inquired whether staff anticipates more than one property owner. Mr. Thimmig responded CFD 22-1 will have condominiums and multiple property owners; the future annexation area owners could come in at a subsequent time. Councilmember Herrera Spencer inquired whether the property owners will be allowed to vote and determine whether or not to pay the tax. Mr. Thimmig responded in the negative; stated condominium owners will receive notices of special tax on the property at the time of purchase; if prospective owners do not wish to pay the tax, the property could not be purchased; property owners in the future annexation area will be able to vote. Councilmember Herrera Spencer inquired whether there is a reason Council is being asked to vote on the matter while the developer is the only current owner and voting entity as opposed to in the future when multiple owners could vote. Mr. Thimmig responded the CFD is a condition of the Master Plan; staff is implementing the Master Plan; the facilities are under construction and roadways are virtually complete; it is time to put the district in place so that bonds can be issued to pay for the facilities. Councilmember Herrera Spencer stated if the vote is taken after the condominium owners are in possession of the property and eligible to vote, the vote would more than likely fail; having the matter come before Council at this moment is part of a strategy; it is important for the public to understand the process; the only person voting on a tax that will last for 35 years is the developer. Councilmember Daysog stated that he previously voted against the matter and will continue to do so. On the call for the question, the motion carried by the following roll call vote: Councilmembers Daysog: No; Herrera Spencer: Aye; Knox White: Aye; Vella: Aye; and Mayor Ezzy Ashcraft: Aye. Ayes: 4. Noes: 1. Regular Meeting Alameda City Council April 19, 2022 17 | CityCouncil/2022-04-19.pdf |