Title
a. Set a date for a public hearing on June 12, 2012, at 1:30 P.M., to consider adopting Zone 2C Fiscal Year 2012-13 assessment charges for the Salinas Valley Water Project; and, b. Direct the Clerk of the Board to publish a hearing notice in the CALIFORNIAN and the KING CITY RUSTLER at least ten days prior to the date set for the hearing.
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RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Set a date for a public hearing on June 12, 2012, at 1:30 P.M., to consider adopting Zone 2C Fiscal Year 2012-13 assessment charges for the Salinas Valley Water Project; and, b. Direct the Clerk of the Board to publish a hearing notice in the CALIFORNIAN and the KING CITY RUSTLER at least ten days prior to the date set for the hearing.
SUMMARY:
This Board action sets a date for a public hearing for Fiscal Year (FY) 2012-13 Zone 2C assessments charges on June 12, 2012, at 1:30 P.M. A map of Zone 2C is attached along with information showing the rates that are proposed to be published in the notice for the public hearing. These rates were recommended by the Agency Board of Directors on April 30, 2012. The Monterey County Water Resources Agency Board of Directors recommended no change in the assessment rates for FY 2012-13.
DISCUSSION:
On April 8, 2003, the electorate of the Agency’s Zone 2C approved the levying of Zone 2C assessments for the Salinas Valley Water Project (SVWP) in accordance with Ordinance 04203 adopted by the Board of Supervisors on July 22, 2003. The Ordinance allows for the increase in operations and maintenance and administration assessments by the rise of the CPI. The CPI for FY 2012-13 is approximately three percent.
In the years following the first full fiscal year in which the SVWP Assessment is collected, the operation and maintenance component of the SVWP Assessment is subject to increase based on the San Francisco, Oakland, San Jose Urban Consumers Price Index (“CPI”) for the previous year as measured from February t...
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