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HomeMy WebLinkAbout06-Public Works . qity of San Bernardino 0 INTEROFFICE MEMORAlfDUM 9007-801 TO: MAYOR AND COMMON COUNCIL Roger G. Hardgrave, Director of Public Works/City Engineer SUBJECT: contribution for Palm Avenue Storm Drain verd_ont Area Assessment District No. 987 FROM: DATE: July 23, 1990, COPIES: Shauna Edwins - city Administrator, Jim Penman- city Attorney, File No. 14.40-68, Reading File ------------------------------------------------------------- A storm drain is to be installed in Palm Avenue, from the Cable Creek Channel to Washington Street. The estimated cost of this storm drain is $146,472.00. There are three parcels that front on this section of Palm Avenue. The Assessment Engineer has assessed the total cost of this storm drain to these three percels. Two of these parcels are large. The extra as.sessments for the storm drain does not increase the debt on these parcels to more than 50% of the true value. However, the third parcel, Assessllent No. 182, is small and the assessment for the storm 'drain increases the debt in excess of 50%. More than $400,000.00 in storm drainage fees have been collected in the Verdellont area. Since the Palm Avenue Storm Drain will receive storm waters from a large portion of Verdellont, it would seem appropriate that the cost of the Palm Avenue storm Drain be financed from the Storm Drain construction Fund as a con- tribution to the district. Therefore, the following form motion is recommended: 1. That the transfer of $146,472.00, from Account No. 248-368-57813, npershing Avenue, from 40th Street to 48th street", to Account No. 251-663-53925, "Verdemont Area Improvement District No. 987", be approved. ~ ROGER G. HARDGRAVE Director of Public Works/City Engineer RGH:pa ~..--/