HomeMy WebLinkAboutMINUTES - 06052012 - C.73RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Conservation and Development, or designee, to execute a contract
amendment with Goodwin Consulting Group, extending the term of the contract from June 30, 2012 to June 30,
2017, with no change to the payment limit, to support ongoing annual special tax administration for Norris Canyon
Estates.
FISCAL IMPACT:
None to General Fund. The cost of services are covered by a special tax on property owners within Contra Costa
County Community Facilities District 2001-1 (Norris Canyon Estates).
BACKGROUND:
On June 5, 2001, the Board approved Resolutions creating Contra Costa County Community Facilities District
2001-1 (Norris Canyon Estates) and authorizing a special tax to pay for the debt service on the issuance of
tax-exempt bonds. Proceeds from the bond issuance were used to finance street and utility improvements along
Norris Canyon Road. A Special Tax Consultant is required to properly administer the tax and provide the following
ongoing services: establishing
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 06/05/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
Contact: Kristen Lackey -
674-7888
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board
of Supervisors on the date shown.
ATTESTED: June 5, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Carrie Del Bonta, Deputy
cc:
C. 73
To:Board of Supervisors
From:
Date:June 5, 2012
Contra
Costa
County
Subject:Annual Special Tax Administration CFD 2001-2 (Norris Canyon Estates)
BACKGROUND: (CONT'D)
and maintaining a district database necessary for the calculation of the annual special tax in accordance with the
Rate and Method of Apportionent specified in the bond documents; annually calculating the special tax and
enrolling it on the property tax roll; acting as primary contact on all inquiries from appraisers, title companies and
property owners; preparing annual assessment related reports, including those required to comply with the Local
Agency Special Tax and Bond Accountability Act; preparing annual continuing disclosure reports to meet the
requirements of Securities Exchange Commission (SEC) Section 15c2-12, continuing disclosure to National
Recognized Municipal Securities Repositories (NRMSR) Government Code Section 53359.5, continuing
disclosure to California Debt and Investment Advisory Commission (CDIAC) and Government Code Section
53340.2, and property specific reports prepared for individuals on request.
CONSEQUENCE OF NEGATIVE ACTION:
The County would not be able to access special tax consultant services needed to properly administer the special
tax.
ATTACHMENTS
Goodwin Consulting Ext. 6-12