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HomeMy WebLinkAbout30-Public Works . ,- '-'" CITY OF SAN BI!RNARDINO :) File No. 14.40-69 - RI!QUI!ST FOR COUNCIL ACTION _ ~tU". on. ROGER G. HARDGRAVE, DirectolEC'O. Subject: ..Authorization to Proceed: un" 2\ \lM 3: 4l:>Belmont & Chestnut Area Public Works/Engineering _ \w' Drainage District. November 17, 1988 ~ Synopsis of Previous Council action: From: Dept: Date: 5-23-B8 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. Racommended 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 of Chapter 12.90 of the San Bernardino Muncipal Code and that the City Engineer 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 City of San Bernardino and known as the Chestnut Avenue storm drain. cc: James Robbins, Acting City Administrator James Richardson, Dep. City Adm. Development 02e:.k Contact person: Verne Nadeau Phone: 384-5026 Supporting data attached: Staff Report. Map Ward: 5 FUNDING REQUIREMENTS: Amount: NONF Source: (Acct. No.! (Acct. DescriPtion) Finance: Council Notas: '7c._ft'2It" A!lllnda Item NO~() CITY OF SAN BERNADINO - REQUEST F_ 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 wf11 be identified in the Engineer's Report. Establishing an assessment district requires at least 3 to 4 months. Therefore, we recommend that authorization to proceed be granted so the proceedings can be started. 11-17-88 ~ I I L.,--l__ / :-.,-" " " !~ " ,'-. ,r-- " " ~.. ;: "~J ONT ~ ~ \ 5 "c,.";) 6. 11-17-88