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HomeMy WebLinkAboutReso 1996-18496 NOT APPROVED Continued Indefinitely RESOLUTION NO. 18496 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING A NOTICE OF LIEN TO LEVY AND COLLECT ASSESSMENTS FOR ASSESSMENT DISTRICT NO. 93-01 FOR ALLEY IMPROVEMENTS EAST OF SECOND AVENUE AND SOUTH OF "J" STREET WHEREAS, the improvements were financed by the City and AD 93-01 was formed pursuant to the 1911 Block Act to obtain reimbursement for the improvement and other miscellaneous costs in accordance with Council Policy Number 505-01; and WHEREAS, the Act is a financing mechanism which authorizes local agencies to impose assessments on benefiting properties to fund the construction of public improvements; and WHEREAS, the property owners have an option of paying local assessments during the 30 day pay-off period following confirmation of assessments; and WHEREAS, if the assessments are not paid during that time or are deferred, the City will collect the unpaid balance in semiannual installments over a period of ten (10) years at an interest rate of 7% per annum; and WHEREAS, property owners may pay the balance of their assessments at any time during the ten year repayment period without penalty; and WHEREAS, although the original cost estimate was approximately 960.86 per lineal foot of frontage, the final assessment is about 944.09 per lineal foot of frontage for a revised total assessment of 952,172.00 as shown in Attachment "A". NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby adopt a Notice of Lien to levy and collect assessments for Assessment District No. 93- 01 for alley improvements east of Second Avenue and south of "J" Street in the amount as shown on Attachment "A" attached hereto and made a part hereof by this reference. Presented by Approved as to form by John P. Lippitt Ann Y. Moore Public Works Director Acting City Attorney Resolution 18496 Page 2 ATTACHMENT A CONSTRUCTION COSTS Total Contract Cost 951,099.00 Incidental Expenses 9 1,073.00I~ Staff Cost 915,212.00121 Construction Total 967,384.00 Ill Postage, advertising and blueprinting costs. 121 Staff cost (AY-091) from point of inception to 9/12/96 (99,507.46 x 1.6). Total cost of project is 967,384.00. Costs assigned to AD 93-01 is 952,172.00 (Contract cost + Incidental expenses). ASSESSMENTS Assessments = Total construction cost (9)/total frontage (ft) x frontage on alley (ft) TABLE 1 - PROPOSED ASSESSMENTS FOR AD 93-01 Estimated Frontage Proposed Annual No. APN Name (ft) AssessmentI"l PaymentIbl 1 573-351-03 Marrufo 115.00 95,071.30 9722.16 2 573-351-04 Hirtzel 60.00 92,645.88 9376.78 3 573-351-05 Huggins 60.00 92,645.88 9376.78 4 573-351-06 Miller 60.00 92,645.88 9376.78 5 573-351-07 Monge 60.00 92,645.88 9376.78 6 573-351-08 Gilman 60.00 $2,645.88 9376.78 7 573-351-09 Iwashita 60.00 92,645.88 9376.78 8 573-351-11 Vega 116.54 95,139.22 9731.82 9 573-351-13 Marrufo 100.00 94,409.80 9627.96 10 573-351-16 Unger 50.00 92,204.90 9313.98 11 573-351-17 Murphy 50.00 92,204.90 9313.98 12 573-351-18 Hall 50.00 92,204.90 9313.98 13 573~351-19 Norton 50.00 92,204.90 9313.98 14 573-351-20 Artische 50.00 92,204.90 9313.98 15 573-351-21 Janiec 50.00 92,204.90 9313.98 16 573-351-22 King 100.00 94,409.80 9627.96 17 573-351-23 Ochoa 91.55 94,037.20 9574.90 TOTALS 1,183.09 952,172.00 i.~ Per City Council Report dated 3/28/95. ~> First year's installment is due on April 1 O, 1997 (full amount shown). Annual payments will be made in 2 installments each year (half the amount shown) collected via tax bills on December lOth and April 10th each year for the next 9 years (includes 7% interest). Resolution 18496 Page 3 The proposed assessments are lower than those originally projected in March 1995 because of the lower bid received for the construction of improvements. FUTURE COUNCIL ACTIONS On the same date that the public hearing is held to review assessments, then pursuant to the 1911 Block Act, the assessments will be confirmed by the City Council. FISCAL IMPACT The City will finance the construction of improvements ($52,172) and will be reimbursed by the property owners over a period of ten (10) years. City staff cost including engineering design, inspection and district formation (~15,212) will be absorbed by the City. I ~ T