24-126
SUBJECT: Adoption of a Resolution of Intent Regarding Annexation No. 26 for Capella Terrace Improvement Area No. 51 into Community Facilities District (CFD) No. 2003-2 (Services), Approving a Deposit and Reimbursement Agreement for Annexation No. 26, and Setting a Public Hearing for March 4, 2024; and Annexation No. 26 Consists of Approximately 10 Acres of Land Generally Located on the West Side of Coffee Street, Approximately 300 feet North of Gerard Avenue REPORT IN BRIEF Considers adopting a Resolution of Intent to annex approximately 10 acres of land generally located on the west side of Coffee Street, approximately 300 feet north of Gerard Avenue (CFD Annexation No. 26) into the City’s CFD for Services (CFD 2003-2), including the approval of a Deposit and Reimbursement Agreement for the annexation; accept the petition, consent, and waiver for Annexation No. 26; and set a public hearing and election for March 4, 2024. RECOMMENDATION City Council - Adopt a motion: A. Adopting Resolution 2024-19, a Resolution of Intention of the City Council of the City of Merced, acting as the Legislative Body of the City of Merced Community Facilities District No. 2003-2 (Services), declaring its intention to annex area to said district and authorize the levy of a special tax within said annexation and approving a certain agreement related thereto; and, B. Setting the Public Hearing for March 4, 2024; and, C. Accepting the Petition, Consent and Waiver from Fortis General Construction, Inc., for Annexation No. 26 (Improvement No. 51); and, D. Accepting the deposit amount of $25,000 in Fund 4500 (CFD Formation Fund), increasing the revenue and appropriating the same to cover the cost of Community Facilities District formation and related expenditures for Annexation No. 26, (Improvement Area No. 51); and, E. Authorizing the City Manager to execute the Deposit and Reimbursement Agreement; and, F. Authorizing the Finance Officer to make the necessary budget adjustments.
What this record is
- Held by
- Fortis General Construction, Inc 2 records across this site
- Amount
- $25K
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
Fortis General Construction, Inc also holds
SUBJECT: Award Bid to Fortis General Construction, Inc. for the Congestion Mitigation Air Quality Grant (CMAQ) (051) Sidewalks Along Olive Ave., Parso…- Committee
- City Council/Public Finance and Economic Development Authority/Parking Authority
- Introduced
- February 5, 2024
- On agenda
- February 20, 2024
- Passed
- February 20, 2024