File #: Res. 2021-22R    Version: 1 Name:
Type: Resolution Status: Individual Consideration
File created: 1/12/2021 In control: City Council
On agenda: 1/19/2021 Final action:
Title: Consider approval of Resolution 2021-22R, approving an update to the Service and Assessment Plan for the Whisper Public Improvement District for the purpose of reallocating assessments to three parcels of property within the District; and providing an effective date.
Attachments: 1. Resolution - Whisper PID Service and Assessment Plan Update - January 19, 2021, 2. 2021 Service Plan Update to Reallocate Assessments
AGENDA CAPTION:
Title
Consider approval of Resolution 2021-22R, approving an update to the Service and Assessment Plan for the Whisper Public Improvement District for the purpose of reallocating assessments to three parcels of property within the District; and providing an effective date.

Body
Meeting date: January 19, 2021

Department: Finance

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Fiscal Note:
Prior Council Action: Prior Council Action: October 2014 - Council approved term sheet, December 2015 - Term sheet amendment #1 extending date for submission of design plans to June 2016, September 2017 - Term sheet amendment #2 extending date for construction completion to September 2018 and increase of maximum annual assessment, January 2019 - Term sheet amendment #3 extending date for construction completion to May 2019 and create traffic impact analysis criteria, April 2020 - Term sheet amendment #4 referring all terms to the Amended and Restated Financing Agreement upon completion, June 2020 - approved the original Service and Assessment Plan (SAP) and levied $14,300,000 in Assessments to finance the Authorized Improvements

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