BOARD OF EQUALIZATION MEETING
JULY 15, 2002
7:00 P.M.

Redwood City Charter, Section 54. “Board of Equalization”, requires the annual meeting of the Board of Equalization to begin at 10:00 a.m., on the third Monday on July 15, 2002. Due to the lack of a quorum, the Annual Board of Equalization Meeting was adjourned from July 15, 2002 at 10:00 a.m. to July 15, 2002 at 7:00 p.m. in the City Hall Council Chamber.

Affidavit of Publication of Public Hearing Notice and Adjournment is on file in the City Clerk Department.

The Mayor called the City Council meeting and the Board of Equalization meeting to order concurrently. The Board of Equalization meeting began immediately following the Consent Calendar and discussion of Item 7.2A of special Council Meeting Agenda.

1. CALL TO ORDER - 7:23 p.m.

2. ROLL CALL

Council Members Present: Hartnett, Howard, Jordan, Ruskin and Mayor Claire
Council Members Absent: Pierce and Vice Mayor Ira

Staff Present: Public Works Services Director/Assistant City Manager Ingram, City Clerk Howe, City Attorney Yamamoto, Assistant City Attorney Brower, Assistant to the City Manager Gonzalez, Financial Services Manager Freeman, Financial Services Accountant Greenhorn, Community Development Services Manager Patterson, Community Development Services Manager LaTorra, Planning and Redevelopment Manager Church, Economic Development Coordinator Webb; Parks, Recreation and Community Services Supervisor Beth, Police Chief Bolanos, Administrative Sergeant Hernandez, Public Works Superintendent Rosas, Traffic Engineer Haygood, Volunteer Balsamo

3. PUBLIC COMMENT - None

4. PUBLIC HEARING

A. Submittal of Equalized General Improvement District 1-64 Assessment Roll for 2002-03 Fiscal Year; (510)

Financial Services Accountant Greenhorn explained that before the Board is a request to accept the assessed values for GID 1-64. The values are used to distribute the annual amount required for the debt services of the district. The property owners of the district have been informed of the assessed values of their property and of their right to appeal the assessment. If the appeal is filed by September 16, it will be heard by the Board on December 9, 2002. State Law requires that the lien date of January 1 be used; therefore, the Board is required to look at the value of the property as of that date. Some of the values have changed subsequent to the lien date, and this change of the property value will be reflected in the assessment for January 1, 2003. Overall, the assessed values of the District decreased 8.9% from January 1, 2001, with the Commercial property decreasing 7.2% and the residential decreasing 9.3%. The total assessed value of the district now stands at 1 billion dollars.

Council Member Jordan requested an elaboration of Bair Island and Area H and how those are treated within GID 1-64 in terms of having been taken out of development.

Financial Services Manager Freeman stated that her research found that in May of 1997, exemption was received from the State, the County and the City from the GID 1-64.

Charles B. Warren, contracted appraiser, stated that the entire Bair Island area was intended to be turned over, but due to some valuation questions, only some of the parcels have been turned over. Some, but not all, of the parcels have been deeded to various government entities.

Mayor Claire opened the public hearing - no comment received.

M/S Ruskin/Howard to close the public hearing. The motion passed by a unanimous voice vote.

The affidavit of publication of Notice of Hearing is on file in the City Clerk Department.

M/S Hartnett/Howard to accept the equalized assessment roll for the General Improvement District 1-64 for the 2002-2003 fiscal years.

The motion passed by a unanimous voice vote by those present. BE-02-001

5. APPROVAL OF MINUTES

A) M/S Howard/Hartnett Approve the Minutes of the last Board of Equalization meeting of December 10, 2001 as submitted. (301)

The motion passed by a majority voice vote by those present with Council Member Ruskin abstaining. BE-02-002

6. ADJOURNMENT - 7:34 p.m.

M/S Ruskin/Howard to adjourn back to the City Council meeting. The motion passed by a unanimous voice vote by those present.

Respectfully submitted,

Patricia S. Howe, CMC
Board Clerk