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_ J ~ lIe No. 14.40-69 ..:).0
.. CITY OF SAN BERNQlDINO - REQUEST .:R COUNCIL ACTION
~DM\t4 Off.
ROGER G. HARDGRAVE, DirectoaEC'l'l.- Subj~t: sAuthorization to Proceed:
ftClCl u'W 2' ~ 3: 14 Belmont & Chestnut Area
Public Works/Engineering 1;'IOIlIW Drainage District.
November 17, 1988 ~
From:
Dept:
Date:
Synopsis ,)f Previous Council action:
5-23-88 Policy adopted that no development be approved in the Verdemont area
until a financing plan for improvements has been approved by the Mayor
and Council.
6-20-88 Clarification of Council action of 5-20-88 regarding development of
Verdemont fi nanci ng plan made.
10-3-88 Approval of IPD Amendment proposal, relative to Policy #12 concerning
Verdemont Infrastructure requirements, tabled.
Recommllnded motion:
That the City Engineer and City Clerk are authorized to proceed with initiating
proceedings for the establishment of an assessment district under the provisions
elf Chapter 12.90 of the San Bernardi no Munci pa 1 Code and that the Ci ty Engi neer
is directed to prepare an Engineer's Report for the proposed contruction of a
storm drain and appurtenant facilities in the area of Belmont Avenue and
Chestnut Avenue in the C1 ty of San Bernardi no and known as the Chestnut Avenue
storm drain.
e:c: James Robbins, Acting City Administrator
James Richardson, Dep. City Adm. Development
S ignatu re
Contact !)8rson: Verne Nadeau
Phone:
384-5026
Supporting data attached: Staff ReDort. MaD
Ward:
5
FUNDINIG REQUIREMENTS:
Amount:
NONF
Source: (Acct. No.l
(Acct. DescriPtion)
Finance:
Council Notes:
75-0262
AGenda Itf!m Nn
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- CITY OF SAN BERNJCDINO - REQUEST FWt COUNCIL ACTION
STAFF REPORT
Some residents of the Verdemont area have requested that the Master Plan
Chestnut Avenue Storm Drain be constructed before any further developments are
approved. In response to these requests, staff was directed to prepare a
Verdemont Area Infrastructure Financing Plan, to identify how this improvement
could be financed at this time, instead of waiting until sufficient fees were
collected from developments.
A plan has been prepared in response to this directive. Financing for these
improvements is shown on this plan to be derived through an assessment district.
The tentative boundaries of the district are shown on the attached map. Since
the developed parcels within the district have paid storm drain fees, it is
proposed that developed parcels not be assessed for the cost of this storm
drain.
It is anticipated that this storm drain will cost about $1,370,000. Since we
will not be able to "up front" this amount from City funds, it will be necessary
to sell bonds or secure a loan from the Redevelopment Agency. Estimates of
costs and source of funding will be identified in the Engineer's Report.
Establishing an assessment district requires at least 3 to 4 months. Therefore,
we recommend that authori za ti on to proceed be granted so the proceedi ngs can be
started.
11-17-88
75-0264
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11-17-88