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

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

Field

Construction

construction contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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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… $662K Merced, CA

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Introduced

February 5, 2024

On agenda

February 20, 2024

Passed

February 20, 2024

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Feb 20, 2024 approved Pass

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