HomeMy WebLinkAbout22-Public Works File No. 14.40-104
CITY OF SAN BERNA " D- INO ` REQUEST FC "l COUNCIL ACTIN
From: ROGER G. HARDGRAVE, Director Subject: Resolution of Intention and Other Various
Resolutions --- Acquisition Assessment
Dept: Public Works/Engineering District for the Construction of New Pine
Date: September 26, 1995 Avenue (AD 1015).
Synopsis of Previous Council action:
03-20-90 -- Authorization granted to execute Joint Development Agreement
CFB Investments.
08-05-91 -- Authorization granted to execute First Addendum to Joint Development
Agreement.
03-20-95 -- Resolution No. 95-71 adopted authorizing execution of Second Amendment to
Joint Development Agreement.
08-07-95 -- Authorization to Proceed was given to initiate proceedings for the
formation of an acquisition assessment district for the construction of
New Pine Avenue and confirm the selection of Brown, Diven and Hentschke
as legal consultant, and GFB-Friedrich & Associates as Assessment Engineer
and City Administrator directed to pursue alternate means of financing.
09-05-95 -- Report from City Administrator on alternate means of financing and Resolution
authorizing execution of agreements for consultant services adopted.
Recommended motion:
�! RESOLUTIONS (5)
cc: Shauna Clark, City Administrator
James Penman, City Attorney gnature
Barbara Pachon, Director of Finance
Contact person: Les Fogassy Phone: 5026
Supporting data attached: Staff Report, Resolutions Ward: 5
FUNDING REQUIREMENTS: Amount: $1 , 133 , 000. 00 (Assessment District No. 1015)
Source: (Acct. No.) 256-628-5504
(Acct. Description) Assessment District No. 1015 Pine
Avenue Acquisition Finance;Ll1 /
'.ouncil Notes: "7 _ grS q �a a
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5.0262 Agenda Item No. 2Z/fir
CITY OF SAN BERNA' DINO - REQUEST FLT COUNCIL ACTION
STAFF REPORT
The Second Addendum to the Joint Development Agreement, by and between CFB
Investments, Redevelopment Agency and City of San Bernardino, was approved on
03-20-95. This addendum evidences a major change in the nature of the project
from the originally approved 318 multi-family units to 42 single family units,
pursuant to Tentative Tract No. 15642, approved by the Planning Commission on
05-16-95.
By execution of the Second Addendum, both the RDA and City agreed to undertake
certain actions to facilitate development of the 42 single family units. One
action was to provide CFB with financial assistance for the cost of the new Pine
Avenue infrastructure, in the amount of $1, 133,000, from any source the City
deems appropriate.
Section 4.4.2 of the Second Addendum states that the City will obtain adequate
interim financing and will cause to be formed an assessment district to finance
the cost for new Pine Avenue. CFB agreed to join and use its best efforts to
cause the owners of the other two parcels, that will be traversed by new Pine
Avenue, to consent to be included in the district. The three parcels are shown on
the attached map, along with the proposed district boundary.
On 8-7-95, authorization was given to initiate the formation of the assessment
district, and the selection of Brown, Diven and Hentschke for Legal Consultant
and GFB - Friedrich and Associates for Assessment Engineer were also confirmed at
that meeting. The City Administrator was directed to pursue other means of
financing and bring back a report on 08-21-95. The item was continued to the
September 5, 1995 Council Meeting. Also at that meeting a resolution authorizing
execution of agreements with GFB - Friedrich for Assessment Engineering services,
and an agreement with Brown, Diven and Hentschke for legal consulting services
was adopted.
The petition for the formation of the Assessment District represent 100% of
the property owners to be assessed. A copy of the petition is on file in the
office of the City Clerk. The petitioners have paid the required $24,000 to cover
the cost of the proceedings in the event the district is not formed due to their
actions.
Presently, there are four parcels that will be within the district. Two of
these are presently being developed into 42 single family lots. The remaining two
parcels will be developed sometime in the future. The total assessment amount for
each single family lot within the present development is proposed to be $12,282
plus interest. The assessments will be paid off when each single family lot is
sold. The remaining two parcels, which are not presently slated for immediate
development, will have a total assessment amount of $436,818 and $340,850
respectively, plus interest. These amounts will be assessed over a 25 year span.
When developed, these parcels will yield a total of 50 single family lots, based
on present general plan designations, and the proposed monthly assessments will
be approximately $80, or $960 per year per single family lot.
The funding source for the construction costs will be through a combination of
a loan from EDA (approximately 46%) , the Sewer Line Construction Fund (245)
(approximately 27%) and the Sewer Line Maintenance Fund (132)(approximately 27%) .
'5-0264
CITY OF SAN BERNA7-131NO - REQUEST FC COUNCIL ACTION
STAFF REPORT
Certain resolutions are submitted for your action as follows:
1. Resolution Making Findings on Petition - Formally accepts petition for
formation of the assessment district.
2. Resolution Making Appointments - Formal appointment of City Engineer as
Superintendent of Streets for the purpose of the assessment district.
3. Resolution Adopting Boundary Map - Approves map setting forth the boundaries
of the Assessment District.
4. Resolution of Intention - Formal declaration of City's Intent as to the
formation of the Assessment District.
S. Resolution Passing on Report and Setting Public Meeting and Public Hearing -
Approval of the Engineer's Report and setting of dates for Public Meeting and
hearing relative to the formation of the Assessment District.
Staff recommends approval of all of the above resolutions.
75-0264
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