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CC RES 2009-025 RESOLUTION NO. 2009-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES TO ESTABLISH THE PURPOSE AND SCOPE OF RESPONSIBILITIES AND PROCESS OF THE OVERSIGHT COMMITTEE FOR THE WATER QUALITY AND FLOOD PROTECTION PROGRAM. WHEREAS, the owners of properties that utilize the City of Rancho Palos Verdes' storm drain system approved an annual Storm Drain User Fee pursuant to a mail ballot election held on August 30, 2005, by adopting Ordinance No. 418, which amended the Rancho Palos Verdes Municipal Code (the"Municipal Code") by adding new chapter 3.44; and WHEREAS, the voters of Rancho Palos Verdes adopted Ordinance No. 467 as Measure C amending Chapter 3.44 of Title 3 of the Rancho Palos Verdes Municipal Code regarding the Annual Storm Drain User Fee at the General Municipal Election held on November 6, 2007; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES HEREBY FINDS, DETERMINES AND RESOLVES THAT THE PURPOSE AND SCOPE OF THE OVERSIGHT COMMITTEE FOR THE WATER QUALITY AND FLOOD PROTECTION PROGRAM BE ESTABLISHED AS FOLLOWS: Purpose and Scope of Responsibility of the Oversight Committee: Section 3.44.080 of the City's Municipal Code establishes the purpose and the scope of responsibilities of the Oversight Committee for the Water Quality and Flood Protection program. Process of the Oversight Committee: As described in Section 3.44.080 A., "The committee shall hold at least one public hearing and issue a report, on at least an annual basis, to inform city residents and the City Council regarding how storm drain user fee revenues are being spent and to make recommendations to the city council regarding future expenditures of the storm drain user fee revenues." Staff expects to use maps, pictures, video and financial information regarding the storm drain program to assist the Oversight Committee's understanding. The Committee's review will include the following information provided by Staff: ➢ a comparison of budget v. actual accounting for the current fiscal year; ➢ a construction project status report, including information about expenditures to date and major contract status (i.e. design and construction contracts); ➢ the proposed budget (including major projects) for the forthcoming year; ➢ an excerpt of the Five-Year Financial Model for the storm drain program, including the estimated ending balance, if any, in the Water Quality and Flood Protection fund; ➢ an excerpt of the Five-Year Financial Model regarding the projected revenues of the General Fund of the City for the current and forthcoming fiscal years, including but not limited to, property taxes, sales taxes and transient occupancy taxes; the projected expenditures of the General Fund of the City for the current and forthcoming fiscal years; and the estimated ending General Fund reserves for the current and forthcoming fiscal years; and ➢ Staff's recommendation regarding the User Fee rate for the forthcoming year prior to making its own recommendation regarding the User Fee rate for the next fiscal year. Staff will provide additional information regarding the Water Quality and Flood Protection Program, as requested by the Oversight Committee, subject to approval by the City Council, to enable the Committee to examine the reasonableness and the priority of projects not yet underway, provided preparation of the information requested does not cause a delay of any project or additional staffing resources. PASSED, APPROVED, AND ADOPTED the 5th day of May 2009. p, Mayor ATTEST: / , / 1 City Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2009-25 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on May 5, 2009. City Clerk Resolution No. 2009-25 Page 2of2