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Resolution - No. 2023-29RESOLUTION NO. 2023-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, SETTING THE ASSESSMENT RATE FOR WEST COVINA LANDSCAPE MAINTENANCE DISTRICT NO. 1 FOR FISCAL YEAR BEGINNING JULY 1, 2023 THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. As applicable, the assessment levied on the real property is exempt from the application of Article XIII A, Section 1(A) and Article XI II C of the Constitution of the State of California and is levied for the benefit of the residents of the City of West Covina Landscape Maintenance District No. 1 ("LMD1"). SECTION 2. The amount of funds upon the assessable property within LMD1 2023, is hereby fixed as follows: necessary to be raised by the assessment, for the current Fiscal Year beginning July 1, For the cost of maintaining and operating the open space, improvements, and facilities thereon within the LMD1 in the amount of $716,012 including a Capital Improvement Project. SECTION 3. For the purpose of raising the funding necessary to be raised by the assessment upon the assessable property within LMD1, as revenue to maintain and operate the open space, improvements and facilities within the LMD1, the rate is hereby fixed and the assessment is hereby set on all assessable real property in the LMD1 for the Fiscal Year beginning July 1, 2023, at the rate of 11.88 cents upon 100 dollars of assessed value of said assessable real property as assessed by the County Assessor and equalized by the Assessment Appeals Board of the County of Los Angeles and with respect to certain property as assessed by the State Board of Equalization and equalized by said Board as follows: Estimated Assessed Value of Land within Entire District $285,664,244 Benefit Assessment Rate $0.1188 per one hundred dollars No separate tax is being levied upon the assessable property within any zone in LMD1 for the Fiscal Year beginning July 1, 2023, and no funds are being raised to finance special services within LMD1. SECTION 4. The City Council finds that the levy and collection of these assessments is statutorily exempt from the California Environmental Quality Act under § 15273 of the Guidelines. In addition, the capital improvements proposed for LMD1 are of minor nature and, therefore, categorically exempt from the requirements for environmental compliance. APPROVED AND ADOPTED on June 20, 2023. APPROVE S TO FORM Thomas P. Duarte City Attorney Aosado Diaz Mayor ATTEST L/ Lisa errick ssis Ant City Clerk I, LISA SHERRICK, ASSISTANT CITY CLERK of the City of West Covina, California do hereby certify that the foregoing Resolution No. 2023-29 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 20th day of June, 2023, by the following vote of the City Council: AYES: Diaz, Cantos, Tabatabai, Wu NOES: ABSENT: Lopez-Viado ABSTAIN: - WLI"Z4,11, Lisa S rrick Assistqht City Clerk