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HomeMy WebLinkAboutR01-Redevelopment Agency c o o o REDEYELOPllENT AGENCY OF THE CITY OF SAN BERNARDINO - REQUEST FOR AGENDA ITEM ACTION DEPARTMENT: REDEVELOPMENT AGENCY FROM: GLENDA SAUL, EXECUTIVE DIRECTOR SUBJECT: CONSIDER ADOPTION OFAPPROPRIATE RESOLUTIONS PROVIDING FOR THE ISSUANCE OF BONDS - ASSESSMENT DISTRICT 961 DATE: JANUARY 24, 19B5 SYNOPSIS OF PREVIOUS COIIlISSION/COUNCIL ACTION: 10-01-84 Mayor and CouncIl InItIated proceedIngs for Assessment DIstrIct 961, Tract 12034 by the adoptIon of ResolutIon 84-3Bl, 84-3BB and OrdInance MC-414. 11-19-84 ~or and CouncIl appoInted Assessment EngIneer, Bond Counsel and UnderwrIter for Assessment DistrIct 961. 12-17-84 ResolutIon adopted approvIng the petItIon of the property owner to establIsh the DIstrIct and declarIng the CIty's Intent to order certaIn IlIproveAM!nts. 12-19-84 ResolutIon adopted approvIng the acquIsItIon agreement, EngIneers Report and settIng a PublIc HearIng for January 21, 19B5 at 11:00 a.lI. 01-07-85 Adopted OrdInance a.endlng OrdInance No. 3902. 01-21-85 Conducted PublIc HearIng and contInued ResolutIons to 1-28-85. REClIIIENDED MOTION: (MAYOR AND COIIION COUNCIL ACTION) a) RESOLUTION OF THE MAYOR AND COIIlON COUNCIL OF THE CITY OF SAN BERNARDINO ORDERING CHANGES AND MODIFICATIONS TO ENGINEER'S REPORT, MODIFYING ASSESSMENT, CONFIRMING ASSESSMENT AS MODIFIED, ORDERING THE IMPROVEMENTS AND ORDERING RECORDATION OF ASSESSMENT DIAGRAM AND NOTICE OF ASSESSMENT (ASSESSMENT DISTRICT NO. 961) b) RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DETERMINING UNPAID ASSESSMENTS (ASSESSMENT DISTRICT NO. 961) ~~ GLENDA SAUL ExecutIve DIrector CllIlTACT PERSON: Glenda Saul PHONE: 5081 SUPPORTING DATA ATTACHED: YES lIARD : 2nd FUNDING REQUIREMENTS: AMOUNT $ NIA PROJECT: TRI-CITY *NO ADVERSE IMPACT ON CITY: COUNCIL NOTES: AGENDA ITEM NO. DATE PI 1-28-85 714J c o o o REDEVELOIW;NT AGENCY Of THE CITY Of SAN IERIlARDlNO - REQUEST FOR AGENDA ITEM ACTION STAFF REPORT AsseSSMent District 961 is being fOnled to finance the cost of various improvegents required in connection with the development to Tract 12034 (the Park Centre Project). The Resolutions before you are as follows: a) Determine unpaid assessments b) a) Order changes and IIOdifications to the Engineers Report, b) Modify the assesSllll!nt c) Confirm the asseSSMent as IIOdified d) Orders the work and acquisitions e) Orders the recordation of assesSlllent Bond Counsel will be present on 1-21-B5 to answer any questions. 714J 1-2B-85 .' c' o o San Bern.rdino 54333-011-5 RESOLUTION NO. RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ORDERING CBANGESAND MODIFICATIONS TO ENGINEER'S REPORT, MODIFYING ASSESSMENT, CONFIRMING ASSESSMENT AS MODIFIED, ORDERING THE IMPROVEMENTS AND ORDERING RECORDATION OF ASSESSMENT DIAGRAM AND NOTICE OF ASSESSMENT ASSESSMENT DISTRICT NO. 961 WHEREAS, the M.yor and Common Council .r. proceed- inq to form A....sment Di.trict No. 961 pur.uant to Re.olu- tion No. 84-551, which i. the R..olution of Int.ntion for A.....ment Di.trict No. 961 (the "Re.olution of Int.ntion"), .dopt.d December 17, 1984; WHEREAS, the Enqineer of Work has fil.d with the City Cl.rk hi. Enqin..r'. R.port and the M.yor and Common Council h.ve prelimin.rily .pprov.d the .ame by R..olution No. 84-555, .dopt.d Dec.mb.r 19, 1984; WHEREAS, the Enqin..r'. Report did not cont.in amount. of .....sm.nts for co.t. of, (i) . .peci.l fund d..iqn.t.d, "Improv.ment Bond8, A....sm.nt Di.trict No. 961, S.rie. 1985, City of S.n B.rn.rdino, Speci.l Re..rve Fund" 1 26-Cl-JWB-402.19 1-18-85 (mt) (~ /~) ~ I ~ ~/ o o o San Bernardino 54333-011-5 in the amount of $1,486,000.00 (the "Special Reserve Fund"), (ii) capitalized interest in the amount of $740,000.00 (the "Capitalized Interest"), (iii) the underwriters of the im- provement bonds for Assessment District No. 961 bond dis- count in the amount of $687,750.00 (the "Bond Discount"), (iv) bond counsel fees in the amount of $55,887.50 (the "Bond Counsel Fees"), (v) bond counsel costs in the amount of $3,199.60 (the "Bond Counsel Costs"), (vi) printinq bonds and incidentals in the amount of $20,000.00 (the "Printing Costs"), (vii) City administration fees of $137,550.00 (the "City Fees"), (viii) sidewalks in the amount of $10,378.80 (the "Sidewalks") and (ix) interest paid in connection with the acquisition of sewer capacity riqhts in the City's Wastewater Treatment Plant located at 299 Blood Bank Road in the City in the amount of $22,320.00 (the "Sewer Interest"). The total of the foreqoinq amounts shall be referred to in this Resolution as the "Increased Amount"; WHEREAS, the owners of all of the property includ- ed within Assessment District No. 961 have consented and requested (in writinq) that the amount of the assessments as set forth in the Enqineer's Report be increased by the In- creased Amount as set forth in Section 5 below to provide 2 26-Cl-JWB-402.19 1-18-85 (mt) ~ ~' o o o San Bernardino 54333-011-5 for the Special Reserve Fund and the other items referred to in the precedinq Recital and that the increased assessments be levied; WHEREAS, on December 19, 1984, this Mayor and Common Council adopted Resolution No. 84-555 settinq 11:00 a.m. on January 21, 1985, in the Council Chambers, City Hall, 300 North "D" Street, San Bernardino, California, as the time and place for hearinq protests (the "Protest Hearinq") to the Enqineer's Report and the Resolution of Intention; WHEREAS, notice of the Protest Hearinq was duly waived in writinq by the owners of all of the property in- cluded within Assessment District No. 961; and WHEREAS, at the time and place fixed in such Reso- lution No. 84-555, such hear1nq was duly held by this Mayor and Common Council at which all written appeals, protests, or objections, if any, were duly presented and read, and all persons desir1nq to be heard thereon were heard, and this Mayor and Common Council qave all persons present an oppor- tunity to be heard in respect to Assessment District 3 26-Cl-JWB-402.l9 1-18-85 (mt) , , ,... (., o o o San Bernardino 54333-011-5 No. 961, including, without limitation, the correctness of the assessment or assessment diagram, or any other matters relating to these procedures. NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DO HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. Correctness of Recitals. The Recitals set forth above are true and correct in all respects. Section 2. Protests. That the Protest Hearing has been duly held; that each and every step in the proceed- ings prior to and including the Protest Hearing has been duly and regularly taken; that the written protests received by the City Clerk at or before the Protest Hearing are not signed by the owners of more than one-half (1/2) of the area of land included within Assessment District No. 961 and that such protests are hereby overruled. Section 3. Necessity and Orderinq Improvements. That the public interest, convenience and necessity require the construction, installation and acquisition of the im- 4 26-Cl-JWB-402.l9 1-18-85 (mt) ,.. (..' o o o San Bernardino 54333-011-5 . provements described in the Resolution of Intention (the "Improvements"), that the Improvements are planned and 10- cated in the manner most compatible with the qreatest public qood and the least public injury and that the Mayor and Common Council do hereby order the Improvements to be con- structed, installed and acquired as described in and in accordance with the Resolution of Intention. Section 4. Benefit. That all the land included within the boundaries of Assessment District No. 961 as shown on the diaqram thereof will be benefited by the Im- provements, and that the proposed assessment of the total amount of the cost of the Improvements upon the several subdivisions and parcels of land included within Assessment District No. 961 is in proportion to the benefits to be received by such subdivisions and parcels, respectively, from the Improvements. Section 5. Modification of Enqineer's Report. That the Enqineer's Report be chanqed and modified to in- clude the Special Reserve Fund, the Capitalized Interest, the Bond Discount, the Bond Counsel Fees, the Bond Counsel Costs, the Printinq Costs, the City Fees, the Sidewalks, and 5 26-Cl-JWB-402.l9 1-18-85 (mt) ,.... , (..' o o o " San Bernardino 54333-011-5 the Sewer Interest; and that the total assessment for Assessment District No. 961 be modified by increasinq it by $3,163,085.90 (i.e., the Increased Amount), from $10,591,914.10 to $13,755,000.00; and that the assessments as increased be spread to the benefited properties in accor- dance with Exhibit A attached hereto and incorporated herein by this reference. Section 6. Confirmation of Assessment. That this Mayor and Common Council hereby confirm the assessment as modified in Section 5. Section 7. Recordation. That the City Clerk shall transmit said assessment and the assessment diaqram to the Superintendent of Streets who shall record them in a substantial book to be kept for that purpose in his office, and append thereto his certificate for the date of such recordinq, and such recordation shall be and constitute the assessment roll herein; and that the City Clerk shall also record a copy of the assessment diaqram and a notice of assessment in the form prescribed by Section 3114 of the Streets and Hiqhways Code of the State of California in the office of the County Recorder of San Bernardino County. 6 26-Cl-JWB-402.19 1-18-85 (mt) r. (...' o o San Bernardino 54333-011-5 Section 8. Approval of Engineer's Report. That said Enqineer's Report, as modified, be, and the same hereby is, finally adopted and approved as a whole. 7 26-Cl-JWB-402.19 1-18-85 (mt) o Q o o o San Bernardino 54333-011-5 I HEREBY CERTIFY that the foreqoinq Resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a reqular meetinq thereof held on the 21st day of January, 1985, by the followinq vote: AYES: Councilmen: NAYS: ABSENT : City Clerk The foreqoinq Resolution is hereby approved this day of January, 1985. Mayor of the City of San Bernardino APPROVED AS TO FORM: City Attorney 8 26-CI-JWB-402.19 1-18-85 (mt) ~ o o San Bernardino 54333-011-5 STATE OF CALIFORNIA ) coUN'tY OF SAN BERNARDINO) SS CITY OF SAN BERNARDINO ) I, SHAUNA CLARK, City Clerk in and for the City of San Bernardino, DO HEREBY CERTIFY that the foreqoinq Resolu- tion No. is a full, true and correct copy of that now on file in this office. IN WITNESS WHEREOF, I have hereunto Bet my hand and affixed the official seal of the City of San Bernardino this day of , 1985. City Clerk 9 26-Cl-JWB-402.19 1-18-85 (mt) o ~ Assessor'. Parcel No. 281-341-05 281-341-04 281-341-03 281-021-31 281-341-02 281-351-01 281-351-02 281-341-01 281-351-16 281-351-15 281-351-14 281-371-02 281-371-03 281-361-05 281-371-05 281-371-06 281-371-07 281-371-08 281-351-06 281-351-07 281-351-08 281-351-09 281-351-13 281-351-12 281-351-11 281-351-10 281-361-06 281-361-07 281-361-08 281-361-09 281-361-04 281-361-03 281-361-01 281-361-02 TOTAL o o San Bernardino 54333-011-2 o CONFIRMED ASSESSMENTS ASSESSMENT DISTRICT NO. 961 Exhibit A Confirmed Assessment $ 546,073.50 445,662.00 250,341.00 869,316.00 148,554.00 90,783.00 90,783.00 171,937.50 167,811.00 379,638.00 191,194.50 1,075,641.00 2,662,968.00 415,401.00 497,931.00 546,073.50 429,156,00 427,780.50 148,554.00 133,423.50 133,423.50 167,811.00 221,455.50 184,317.00 204,949.50 284,728.50 442,911.00 408,523.50 352,128.00 374,136.00 255,843.00 255,843.00 374,136.00 405,772.50 U3,755,000.00 26-C1-JWB-402.26 1-18-85 (mt) " (> o o o S.n B.rn.rdino 54333-011-4 " RBSOLUTION MO. RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BBRNARDINO DBTERMINING UNPAID ASSESSMBNTS ASSESSMENT DISTRICT NO. 961 WHEREAS, the Mayor and Co.~n Council of the City of S.n Bern.rdino have confir..d the ........nt for A.sess- ..nt Di.trict No. 961 in the tot.1 ..ount of $13,755,000.00J and WHBREAS, the M.yor and Co..on Council have r.c.iv- .d . li.t (th. .Li.t of Unp.id A.......nts.) of .11 such a..ess..nt. upon the ........nt for .uch A.ses..ent Di.trict, and all will be unpaid and will go to bond. NOW, THERBFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DO HEREBY RESOLVE, DETBRMINE AND ORDER AS FOLLOWSz S.ction 1. That the Li.t of Unp.id A.s...ments .ttach.d h.r.to a. Exhibit A .nd incorpor.t.d her.in by this r.f.r.nce is corr.ct, and th.t the a.ount of unpaid .s.es.- 1 26-Cl-JWB-402.20 1-18-85 (mt) /@) c o o o San Bernardino 54333-011-4 .ents on the assessment and upon the security fo~ which improvement bonds are to be issued is $13,755,000.00. Section 2. That the City Clerk shall file a cer- tified copy of this Resolution (including Exhibit A), with the Treasurer of the City of San Bernardino. 2 26-CI-JWB-t02.20 1-18-85 (mt) ,. c o o San Bernardino 54333-011-4 o I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a regular meeting thereof, held on the 21st day of January, 1985, by the following vote: AYES: Councilmen: NAYS: ABSENT: City Clerk The foregoing Resolution is hereby approved this day of January, 1985. Mayor of the City of San Bernardino APPROVED AS TO FORM: City Attorney 3 26-Cl-JWB-402.20 1-18-85 (Dlt) c o o o .' San Bernardino 54333-011-4 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO) SS CITY OF SAN BERNARDINO ) I, SHAUNA CLARK, City Clerk in and for the City of San Bernardino, DO HEREBY CERTIFY that the foregoing Resolu- tion No. is a full, true and correct copy of that now on file in this office. IN WITNESS WHEREOF, I have hereunto .et my hand and affixed the official .eal of the City of San Bernardino this day of , 1985. City Clerk 4 26-Cl-JWB-402.20 1-18-85 (mt) c .. Assessor's Parcel No. 281-341-05 281-341-04 281-341-03 281-021-31 281-341-02 281-351-01 281-351-02 281-341-01 281-351-16 281-351-15 281-351-14 281-371-02 281-371-03 281-361-05 281-371-05 281-371-06 281-371-07 281-371-08 281-351-06 281-351-07 281-351-08 281-351-09 281-351-13 281-351-12 281-351-11 281-351-10 281-361-06 281-361-07 281-361-08 281-361-09 281-361-04 281-361-03 281-361-01 281-361-02 TOTAL o o " San Bernardino 54333-011-3 o LIST OF UNPAID ASSESSMENTS ASSESSMENT DISTRICT NO. 961 Exhibit A Unpaid Assessment $ 546,073.50 445,662.00 250,341.00 869,316.00 148,554.00 90,783.00 90,783.00 171,937.50 167,811.00 379,638.00 191,194.50 1,075,641.00 2,662,968.00 415,401.00 497,931.00 546,073.50 429,156.00 427,780.50 148,554.00 133,423.50 133,423.50 167,811.00 221,455.50 184,317.00 204,949.50 284,728.50 442,911.00 408,523.50 352,128.00 374,136.00 255,843.00 255,843.00 374,136.00 405,772.50 $13,755,000.00 26-C1-JW8-402.23 1-18-85 (Dlt)