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HomeMy WebLinkAboutAgenda Statement 1985/11/12 Item 16a-e COUNCIL AGENDA STATEMENT / , Item 16a, b, c, d, e Meeting Date 11/12/85 ITEM TITLE: a. Resolution /.2.7-415- Certifying EIR-85-3 b. Resolution /..a 1(C Making Findings on Petition: Formal action of City Council accepting petition for proceedings for a special assessment district and making preliminary statutory findings c. Resolution /a.�//7Maki ng Appointments and Approving Agreements in a Special Assessment District: Makes preliminary appointments of Superintendent of Streets, etc. , and approves consulting contracts with Bond Counsel , F. Mackenzie Brown, Inc. ; Assessment Engineer, Willdan Associates; Financial Consultant, Kadie-Jensen & Johnson; and Design Engineer, Lowry & Associates d. Resolution 19 2 ' Adopting Proposed Boundary Map: Formal action approving boundaries of Assessment District No. 85-2. e. Resolution f L 4,19 Referencing Prevailing Wage Scale and Directing Call for Construction Bids: Formal action authorizing bidding on the works of improvement to be awarded December 17, 1985, with costs to be guaranteed and advanced by Property Owner, EastLake Development Company SUBMITTED BY: Director of Public Works/City Engineer %X/// REVIEWED BY: City Manage (4/5ths Vote: Yes No X ) On February 26, 1985, Council adopted the EastLake I SPA and approved a Development Agreement and Public Facilities Financing Plan for the development. The use of special assessment financing under the "Municipal Improvement Act of 1913" and "Improvement Bond Act of 1915" (Division 12 and Division 10 of the Streets and Highways Code, respectively) for the construction of the water, sewer and street improvements in the EastLake Phase I is consistent with the financing plan and implementation program. RECOMMENDATION: Approve the Resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. i /. ° . by tho City Council of Chula Vista, California Dated l 1` /°4-7-_. --° Page 2, Item 16a, b, c, d, e Meeting Date 11/12/85 DISCUSSION: Environmental Impact Report The EIR for the project has been certified by the Planning Commission and the Board of Directors of the Otay Water District. It is the conclusion of this EIR that all impacts of this project (the physical change in the environment) can be mitigated to a level of insignificance. Those mitigation measures are outlined in Section III of the final EIR. Assessment District Reimbursement Agreement The EastLake Development Company, owners of the property to be included within the proposed assessment district 85-2 have signed an agreement, to advance funds to allow the City to pay for all initial consulting, administration, engineering and construction expenses, relating to the formation of the assessment district. The owners will be reimbursed or receive credit upon their assessment for monies previously advanced. The agreement lists the various expenses (or consultant services) eligible for inclusion in the cost of the proceeding. It also provides a mechanism for the payment of funds by the property owner and the administration of the contract by the City. All City costs associated with these proceedings will be borne by the property owner. Petition The property owners of record have submitted a petition to the City requesting the initiation of special assessment district proceedings for the construction and installation of certain authorized public improvements, including a water reservoir, water pump station, transmission and on-site water facilities, reclaimed water improvements, sewer lines, street improvements, together with appurtenances, all as said improvements serve and benefit properties within EastLake I (Assessment District No. 85-2). The petition, as submitted, has been signed by the property owners representing 100% of the area and lands proposed to be assessed, and has also been signed by the lenders of record as shown on a preliminary title report as submitted and dated October 16, 1985. Consultants The property owners in the Petition have requested the following consultants be employed to carry out the Assessment District proceedings, and their appointment is recommended because of their familiarity with the project and the time restraints: A. Assessment Engineer: Willdan Associates B. Design Engineer: Lowry & Associates and Rick Engineering C. Financial Consultant: Kadie-Jensen & Johnson D. Bond Counsel : F. Mackenzie Brown, Inc. Page 3, Item 16a, b, c, d, e Meeting Date 11/12/85 The property owner has agreed to advance and/or guarantee the funds for payment to the consultants and will be reimbursed from bond proceeds. A contract with Rick Engineering for consultant work is now being drafted and will be submitted for Council approval in the near future. The total estimated cost of the improvements to be constructed by the Assessment District is approximately $7,000,000.00. The incidental expenses for engineering design, bond sales, bond reserve, City and Otay Water inspection and administration, etc. , will add approximately 30-40% to the construction costs. Otay Municipal Water District The Otay Municipal Water District is approving the plans and specifications for the water improvements, and will be performing the inspection on the construction of said improvements. The Water District will be paid for all their services from advances from the property owner and from bond proceeds. Prior to the award of any contract for water improvements, a contract will be submitted, setting forth terms and conditions as it relates to the ownership, management and maintenance of said facilities, said contract to be executed between the City and the Water District. Assessment District In order to coordinate the Assessment District proceedings with the EastLake Development Company schedule, including the substantial grading necessary for the project and the time requirements to construct the reservoir (8 months) , it is necessary to phase the award of the various construction contracts. The reservoir contract will be awarded in advance of the Assessment District public hearing, and it is also proposed that the water pump station contract will also be noticed and awarded prior to the public hearing and sale of bonds for these proceedings. The public hearing is proposed to take place approximate April , 1986. Funds for any contracts awarded prior to this time will be provided to the City by EastLake Development Company, which would then be reimbursed for any advances from the proceeds of the sale of bonds. The construction contracts for the remaining public improvement work would be awarded subsequent to any public hearing, and thus would be funded through the sale of bonds. Summary of Council Actions Through the adoption of the above resolutions, the City Council will have: 1. Accepted the petition which authorizes staff to proceed with formation of a special assessment district. 2. Approved the appointments of persons to perform duties, and approval of consulting and reimbursement agreements. 3. Approved the boundaries of Assessment District No. 85-2. Page 4, Item 16a, b, c, d, e Meeting Date 11/12/85 4. Authorized the bidding for first phase of work of improvement (water reservoir). 5. Approved the agreement committing the property owner to fund the cost of the proceedings. FISCAL IMPACT: The EastLake Development Company will be advancing all funds necessary for the initial costs and expenses of the consultants and construction bidding; thus, there is no fiscal impact on the City. WPC 1720E COUNCIL AGENDA STATEMENT r Item 16arb, c, d, e Meeting Date 11/12/85 ITEM TITLE: a. Resolution 4A ---- Certifying EIR-85-3 b. Resolution /.A ill/ Making Findings on Petition: Formal action of City Council accepting petition for proceedings for a special assessment district and making preliminary statutory findings c. Resolution , lMaking Appointments and Approving Agreements in a Special Assessment District: Makes preliminary appointments of Superintendent of Streets, etc. , and approves consulting contracts with Bond Counsel , F. Mackenzie Brown,. Inc. ; Assessment Engineer, Willdan Associates; Financial Consultant, Kadie-Jensen & Johnson; and Design Engineer, Lowry & Associates �,l d. Resolution , ° Adopting Proposed Boundary Map: Formal action approving boundaries of Assessment District No. 85-2. e. Resolution /-- /Referencing Prevailing Wage Scale and Directing Call for Construction Bids: Formal action authorizing bidding on the works of improvement to be awarded December 17, 1985, with costs to be guaranteed and advanced by Property Owner, EastLake Development Company SUBMITTED BY: Director of Public Works/City Engineer %/i� REVIEWED BY: City Manage " (4/5ths Vote: Yes No X ) On February 26, 1985, Council adopted the EastLake I SPA and approved a Development Agreement and Public Facilities Financing Plan for the development. The use of special assessment financing under the "Municipal Improvement Act of 1913" and "Improvement Bond Act of 1915" (Division 12 and Division 10 of the Streets and Highways Code, respectively) for the construction of the water, sewer and street improvements in the EastLake Phase I is consistent with the financing plan and implementation program. RECOMMENDATION: Approve the Resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. , bc:/jutiit.j2,(n , Dated .�i___--_------ Page 2, Item 16a, b, c, d, e Meeting Date 11/12/85 DISCUSSION: Environmental Impact Report The EIR for the project has been certified by the Planning Commission and the Board of Directors of the Otay Water District. It is the conclusion of this EIR that all impacts of this project (the physical change in the environment) can be mitigated to a level of insignificance. Those mitigation measures are outlined in Section III of the final EIR. Assessment District Reimbursement Agreement The EastLake Development Company, owners of the property to be included within the proposed assessment district 85-2 have signed an agreement, to advance funds to allow the City to pay for all initial consulting, administration, engineering and construction expenses, relating to the formation of the assessment district. The owners will be reimbursed or receive credit upon their assessment for monies previously advanced. The agreement lists the various expenses (or consultant services) eligible for inclusion in the cost of the proceeding. It also provides a mechanism for the payment of funds by the property owner and the administration of the contract by the City. All City costs associated with these proceedings will be borne by the property owner. Petition The property owners of record have submitted a petition to the City requesting the initiation of special assessment district proceedings for the construction and installation of certain authorized public improvements, including a water reservoir, water pump station, transmission and on-site water facilities, reclaimed water improvements, sewer lines, street improvements, together with appurtenances, all as said improvements serve and benefit properties within EastLake I (Assessment District No. 85-2). The petition, as submitted, has been signed by the property owners representing 100% of the area and lands proposed to be assessed, and has also been signed by the lenders of record as shown on a preliminary title report as submitted and dated October 16, 1985. Consultants The property owners in the Petition have requested the following consultants be employed to carry out the Assessment District proceedings, and their ' appointment is recommended because of their familiarity with the project and the time restraints: A. Assessment Engineer: Willdan Associates B. Design Engineer: Lowry & Associates and Rick Engineering C. Financial Consultant: Kadie-Jensen & Johnson D. Bond Counsel : F. Mackenzie Brown, Inc. 9 1 ) Page 3, Item 16a, b, c, d, e Meeting Date 11/12/85 The property owner has agreed to advance and/or guarantee the funds for payment to the consultants and will be reimbursed from bond proceeds. A contract with Rick Engineering for consultant work is now being drafted and will be submitted for Council approval in the near future. The total estimated cost of the improvements to be constructed by the Assessment District is approximately $7,000,000.00. The incidental expenses for engineering design, bond sales, bond reserve, City and Otay Water inspection and administration, etc. , will add approximately 30-40% to the construction costs. Otay Municipal Water District The Otay Municipal Water District is approving the plans and specifications for the water improvements, and will be performing the inspection on the construction of said improvements. The Water District will be paid for all their services from advances from the property owner and from bond proceeds. Prior to the award of any contract for water improvements, a contract will be submitted, setting forth terms and conditions as it relates to the ownership, management and maintenance of said facilities, said contract to be executed between the City and the Water District. Assessment District In order to coordinate the Assessment District proceedings with the EastLake Development Company schedule, including the substantial grading necessary for the project and the time requirements to construct the reservoir (8 months) , it is necessary to phase the award of the various construction contracts. The reservoir contract will be awarded in advance of the Assessment District public hearing, and it is also proposed that the water pump station contract will also be noticed and awarded prior to the public hearing and sale of bonds for these proceedings. The public hearing is proposed to take place approximate April , 1986. Funds for any contracts awarded prior to this time will be provided to the City by EastLake Development Company, which would then be reimbursed for any advances from the proceeds of the sale of bonds. The construction contracts for the remaining public improvement work would be awarded subsequent to any public hearing, and thus would be funded through the sale of bonds. Summary of Council Actions Through the adoption of the above resolutions, the City Council will have: 1. Accepted the petition which authorizes staff to proceed with formation of a special assessment district. 2. Approved the appointments of persons to perform duties, and approval of consulting and reimbursement agreements. 3. Approved the boundaries of Assessment District No. 85-2. Page 4, Item 16a, b, c, d, e Meeting Date 11/12/85 4. Authorized the bidding for first phase of work of improvement (water reservoir). 5. Approved the agreement committing the property owner to fund the cost of the proceedings. FISCAL IMPACT: The EastLake Development Company will be advancing all funds necessary for the initial costs and expenses of the consultants and construction bidding; thus, there is no fiscal impact on the City. WPC 1720E TO: CITY OF CHULA VISTA PETITION AND WAIVER FOR SPECIAL ASSESSMENT PROCEEDINGS 1. I/We, the undersigned, are the property owners of land shown on the map attached as Exhibit "A" and made a part of this document. 2. I/We petition you to undertake special assessment proceedings for the following described public improvements: The construction and installation of certain public improvements, including water reservoir, pump station, transmission and on-site water facilities, reclaimed water improvements, together with street, sanitary sewer and appurtenant improve- ments, all to serve and benefit properties in Eastlake, Phase 1, being ASSESSMENT DISTRICT NO. 85-2. 3. I/We understand: A. THAT the cost of the improvements will be charged to the land which benefits from the improvements, including our land; B. THAT a report will be prepared on the project, including plans and specifi- cations, a detailed cost estimate, and a division of the costs among the benefited parcels of land, and that you will conduct a public hearing on the report; C. THAT the cost of engineering, legal and other incidental expenses will be included in the project cost; D. THAT each property owner may pay his assessment either in cash without interest or in installments with interest over a period of years. 4. I/We consent to other appurtenant work and acquisition that is, in the opinion of the legislative body, necessary to properly effectuate said improvements, and we hereby expressly waive the proceedings required and all limitations under the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931", being Division 4 of the Streets and Highways Code of the State of California. 5. I/We hereby further request that all efforts and attempts be made so that said proceedings and the Resolution of Intention can be adopted at the earliest time. 6. I/We agree to dedicate all required rights-of-way or easements necessary for the works of improvement, all dedications to be accomplished before the ordering of the improvements. 7. I/We further request the formation of a maintenance district pursuant to the pro- visions of the "Landscaping and Lighting Act of 1972, being Division 15, Part 2 of the Streets and Highways Code of the State of California, for,certain supple- mental lighting and landscaping maintenance work within the boundaries of the Assessment District. 8. I/We hereby further request the following: A. That WILLDAN ASSOCIATES be appointed as ASSESSMENT ENGINEER and ENGINEER OF WORK; B. That LOWRY & ASSOCIATES and RICK ENGINEERING be appointed as DESIGN ENGINEER; C. That KADIE-JENSEN & JOHNSON be appointed as FINANCIAL CONSULTANT; D. That F. MACKENZIE BROWN, INC. be appointed as BOND COUNSEL. r It is hereby further stated that the property within the boundaries of the Assess- ment District at this time is subject to existing mortgages or deeds of trust. THE UNDESIGNED hereby state, as mortgagees or beneficiaries under any existing deeds of trust, that they acknowledge and join in signature in the Petition for the above-referenced Assessment District. For further particulars as to any mortgagees or beneficiaries under any deeds of trust, reference is made to the title report, a copy of which is attached hereto. `r' ( —' DATE OF SIGNING NAME OF LENDER SIGNATURE /0- ai q- S3 SECURITY PACIFIC NATIONAL BANK, a national banking association.�s\:�� i P ...-c.n.a,.,T ATE OF CALIFORNIA ss. 1UNTY OF SAN DIEGO On this 30th day of October , in the year 19 85, before me, the undersigned, a Notary Public in and for said State, personally appeared T. R. Hale s > OFFICIAL SEAL r , personally known to me ERINE WILLIAMS ti ��,.;�°'� . : - :o : --- .- .• • : • . . • '.•. • to be the person who executed the `M, f NOTD PUBLIC-CALIFORNIA P NCIPAL OFFICE IN within instrument on behalf of the Corporation therein named, and acknowledged to me that Iv;"fig SAN DIEGO COUNTY ; the Corporation executed it. My Commission Expires Aug.29, 1986 }{ WITNESS my hand and official seal. t: tL Notary Public in and for said State. <NOWLEDGMENT—Corporation—Wolcotts Form 222CA-X—Rev.5-82 982 WOLCOTTS,INC OF OWNER AND STREET LEGAL DESCRIPTION OR NG ADDRESS COUNTY TAX PARCEL NO. SIGNATURE a9()9s" EASTLAKE DEVELOPMENT COMPANY, Parcels By: DAVID IV, INC. , a California general partner- B and C a California corporation ship. pursuant / 701 B Street to legal ,�/) ,/ Suite 730 description �-- San Diego, CA 92101 attached as B . -"'�' t'` Eibit "B". David B. Kuhn, J . , President By: DANIEL V, 11C. , , a California -corporation B , //.I., ' % ?niel D. Lan- , President '1/ f I i i ' i , Ot 1 1 ii id tie I 1 11 ! Ii Ili Iv; g b 0 lig 1 i ; g 1E li it N C IA 0 ' 1 iii q 1 E 8 Id is hlib I— :I! CI Ea• Z � iiii a. w i < 2 110 : 111' 1,111 bill C Z >- WW cc v) 2 < OOV) oar Z 1.9� W o� � = WU) . O031— < . L.. - Tili_ c:) < L___W !ma � o� of V) W V) r_ .0; 46 , • a -Ia 0 If " con I . 1 , \ a = , of ,, Wo , : 01 - 1 . _........._zari - i 0i , ice,, _i _ _____ . FILED IN THE OFFICE OF THE CITY CLERK THIS 15th DAY OF November 1985. Said Petition represents 100 % of the assessable area, as shown on the attached map. CITY OF CHULA VISTA STATE OF CALIFORNIA LLUAL utSGR1YT1ON ORDER NO. 876411-15 EXHIBIT "B" The land referred to herein is situated in the State of California, • County of San Diego, and is described as follows: PARCEL A: Those portions of Sections 27 28, 33 and 34 all being in Township 17 South, Range 1 West, and that portion of Section 3, Township 18 South, Range 1 West, all of San Bernardino Base and Meridian, in the County of San Diego, State of California, according to United States Government Survey, together with that portion of Rancho Janal, according to Map thereof recorded in Book 1, page 89 of Patents, records of San Diego County, all being described as a whole as follows: Beginning at the Northwest corner of the Southeast Quarter of said Section 34; i. thence along the South line of the Northwest Quarter of said Section 34 North . 88°53 '15" West 2680.31 feet, to the Southeast Quarter of the fractional Northeast Quarter of said Section 33; thence along the South line of said fractional Northeast Quarter North 89°21 '14" West 2554.31 feet, to the Westerly line thereof; thence along said Westerly line to and along the Westerly line of said fractional Section 28, North 17°52'14" West 4207.73 feet, to the North line of the South Half of the South Half of said fractional Section 28; thence along said North line South 89°40'56" East 3326.91 feet; thence leaving said North line North 53°17 '52" East 663.88 feet, to the West line of the Southwest Quarter of said Section 27; thence along said West line North 1°49'21" West 920.54 feet to the North line thereof; thence along said North line South 88°57 '38" East • 2729.84 feet, to the East line thereof; thence along said East line South 0°04 '42" East 874.80 feet; thence leaving said East line South 67°47 '42" East 416.80 feet; thence South 47°42 '18" East 446.13 feet; thence North 88°57'13" West 715.40 feet, returning to said East line; thence along said East line South 0°04'42" East 1312.61 feet, to the Northwest corner of said Section 34; thence along the North line thereof South 88°47 '50" East 2633.41 feet, to Corner No. 5 of said Rancho Janal; thence along the North line of said Rancho South 88°27'08" East 820.00 feet; thence leaving said North line South 1°29 '02" West 1125.63 feet; thence South 11°19'49" West 1245.01 feet; thence North 82°32'52" East 1002.68 feet, to the beginning of a tangent 1500.00 foot radius curve concave Southwesterly; thence Easterly and Southeasterly along the arc of said curve through a central angle of 62°31 '26", a distance of 1636.87 feet; thence tangent to said curve South 34°55'42" East 225.00 feet; thence South 55°04'18" West 150.00 feet, to the beginning of a tangent 500.00 foot radius curve concave Easterly; thence Southwesterly, Southerly and Southeasterly along the arc of said curve through a central angle of 89°51 '18", a distance of 784.13 feet; thence tangent to said curve South 34°47'00" East 600.23 feet, to the beginning of a tangent 500.00 foot radius curve concave Northwesterly; thence clockwise along the arc of said curve through a central angle of 117°19 '52", a distance of 1023.91 feet; thence tangent to said curve South 82°32 '52" West 1643.01 feet; thence South 64°34'17" West 2508.07 feet; thence South 43°27'08" East 288.00 feet; thence South 65°28 '59" West 900.00 feet; thence North 37°28 '57" West 1690.60 feet; thence North 0°36'22" East 297.85 feet, to the South line of said Section 34; thence along said South line North 88°45 '17" West 10.00 feet, to the LEGAL DESCRIPTION ORDER NO . 876411-15 West line of the Southeast Quarter of said Section 34; thence along said West line North 0°47 '55" East 2692.26 feet, to the Point of Beginning. EXCEPTING THEREFROM that portion described as follows: COMMENCING at Corner No. 5 of said Rancho Janal; thence South 35°30 '50" East, 3649.05 feet; thence South, 150.00 feet to the TRUE POINT OF BEGINNING; thence North 45°00 '00" East, 141.42 feet; thence East, 211.24 feet; thence South 17°18'27" East, 204.25 feet; thence South 70.00 feet; thence South 57°59'40" West, 188.68 feet; thence West 107.00 feet; thence North 45°00'00" West, 148.49 feet; thence North, 160.00 feet to the TRUE POINT OF BEGINNING. Also excepting therefrom those portions of Sections 27, 28, 33 and 34 all being in Township 17 South, Range 1 West, San Bernardino Meridian, in the City of 1, Chula Vista, County of San Diego, State of California, according to the Official t. Plat thereof, all being described as a whole as follows: Beginning at the Northwest corner of the Southeast Quarter of said Section 34; thence along the South line of the Northwest Quarter of said Section 34 North 88°53 '15" West 2680.31 feet, to the Southeast corner of the fractional Northeast Quarter of said Section 33; thence along the South line of said fractional Northeast Quarter North 89°21 '14" West 2554.30 feet, to the Westerly line thereof; thence along said Westerly line to and along the Westerly line of said fractional Section 28, North 17°52 '14" West 4207.74 feet, to the North line of the South Half of the South Half of said fractional Section 28; thence along • said North line South 89°40 '56" East 3326.91 feet; thence leaving said North line North 53°17'52" East 663.88 feet, to the West line of the Southwest Quarter of said Section 27; thence along said West line North 1°49 '21" West 160.00 feet more or less to an angle point in the Boundary of Parcel Map No. 13883; thence leaving said West line South 48°42 '07" East 1858.49 feet to the beginning of a tangent 2917.00 foot radius curve concave Southwesterly; thence Southeasterly along said curve through a central angle of 32°47 '53" a distance of 1669.79 feet; thence tangent to said curve South 15°54'14" East 975.04 feet to the beginning of a tangent 3,917.00 foot radius curve concave Westerly; thence Southerly along said curve through a central angle of 12°21'23" a distance of 844.74 feet; thence tangent to said curve South 03°32 '51" East 200.09 feet; thence North 88°53'51" West 27.80 feet to the Point of Beginning. Also excepting therefrom Parcel 1 of Parcel Map No. 13697, in the City of Chula Vista, County of San Diego, State of California, filed in the Office of the County Recorder of San Diego County, February 27, 1985 as File No. 85-064061 of Official Records. Excepting therefrom an undivided 1/2 interest in all oil asphaltum, petroleum, natural gas, hydrocarbons and other natural mineral substances and products and all other minerals, whether or not of the same character hereinabove generally described, in or under such property at a vertical depth of 500 feet or more below the present natural surface of said land, but without the right of entry on the surface of said land. • LEGAL DESCRIPTION ORDER NO. 876411-15 Further excepting therefrom Parcels 1 and 2 of Parcel Map No. 13883, in the City of Chula Vista, County of San Diego, State of California, filed in the Office of the County Recorder of San Diego County, July 26, 1985 as File No. 85-266854 of Official Records. Excepting therefrom an undivided 1/2 interest in all oil, asphaltum, petroleum, natural gas, hydrocarbons and other natural mineral substances and products and all other minerals, whether or not of the same character hereinabove generally described, in or under such property at a vertical depth of 500 feet or more below the present natural surface of said land, but without the right of entry on the surface of said land. PARCEL B: Those portions of Sections 27, 28, 33 and 34 all being in Township 17 South, Range 1 West, San Bernardino Meridian, in the City of Chula Vista, County of San k , Diego, State of California, according to the Official Plat thereof, all being described as a whole as follows: Beginning at the Northwest corner of the Southeast Quarter of said Section 34; thence along the South line of the Northwest Quarter of said Section 34 North 88°53'15" West 2680.31 feet, to the Southeast corner of the fractional Northeast Quarter of said Section 33; thence along the South line of said fractional Northeast Quarter North 89°21 '14" West 2554.30 feet, to the Westerly line thereof; thence along said Westerly line to and along the Westerly line of said fractional Section 28, North 17°52 '14" West 4207.74 feet, to the North line of the South Half of the South Half of said fractional Section 28; thence along said North line South 89°40'56" East 3326.91 feet; thence leaving said North line North 53°17 '52" East 663.88 feet, to the West line of the Southwest Quarter of said Section 27; thence along said West line North 1°49'21" West 160.00 feet more or less to an angle point in the Boundary of Parcel Map No. 13883; thence leaving said West line South 48°42 '07" East 1858.49 feet to the beginning of a tangent 2917.00 foot radius curve concave Southwesterly; thence Southeasterly along said curve through a central angle of 32°47'53" a distance of 1669.79 feet; thence tangent to said curve South 15°54 '14" East 975.04 feet to the beginning of a tangent 3,917.00 foot radius curve concave Westerly; thence Southerly along said curve through a central angle of 12°21 '23" a distance of 844.74 feet; thence tangent to said curve South 03°32'51" East 200.09 feet; thence North 88°53 '51" West 27.80 feet to the Point of Beginning. PARCEL C: Parcel 1 of Parcel Map No. 13697, in the City of Chula Vista, County of San Diego, State of California, filed in the Office of the County Recorder of San Diego County, February 27, 1985 as File No. 85-064061 of Official Records. LEGAL DESCRIPTION ORDER NO . 876411-15 Excepting therefrom an undivided 1/2 interest in all oil asphaltum, petroleum, natural gas, hydrocarbons and other natural mineral substances and products and all other minerals, whether or not of the same character hereinabove generally described, in or under such property at a vertical depth of 500 feet or more below the present natural surface of said land, but without the right of entry on the surface of said land. PARCEL D: Parcels 1 and 2 of Parcel Map No. 13883, in the City of Chula Vista, County of San Diego, State of California, filed in the Office of the County Recorder of . San Diego County, July 26, 1985 as File No. 85-266854 of Official Records. Excepting therefrom an undivided 1/2 interest in all oil, asphaltum, petroleum, natural gas, hydrocarbons and other natural mineral substances and products and all other minerals, whether or not of the same character hereinabove generally described, in or under such property at a vertical depth of 500 feet or more below the present natural surface of said land, but without the right of entry on the surface of said land. ma/rrr COUNCIL AGENDA STATEMENT Item 16 a t b, c, d, e Meeting Date 11/12/85 ITEM TITLE: a. Resolution /:1_ 54- Certifying EIR-85-3 b. Resolution 0,-IW6 Making Findings on Petition: Formal action of City Council accepting petition for proceedings for a special assessment district and making preliminary statutory findings c. Resolution / -- ` 7 Making Appointments and Approving Agreements in a Special Assessment District: Makes preliminary appointments of Superintendent of Streets, etc. , and approves consulting contracts with Bond Counsel , F. Mackenzie Brown, Inc. ; Assessment Engineer, Willdan Associates; Financial Consultant, Kadie-Jensen & Johnson; and Design Engineer, Lowry & Associates d. Resolution /A ' (Adopting Proposed Boundary Map: Formal action approving boundaries of Assessment District No. 85-2. e. Resolution / ' '"YReferencing Prevailing Wage Scale and Directing Call for Construction Bids: Formal action authorizing bidding on the works of improvement to be awarded December 17, 1985, with costs to be guaranteed and advanced by Property Owner, EastLake Development Company SUBMITTED BY: Director of Public Works/City Engineer //ii/ REVIEWED BY: City Manage (4/5ths Vote: Yes No X ) On February 26, 1985, Council adopted the EastLake I SPA and approved a Development Agreement and Public Facilities Financing Plan for the development. The use of special assessment financing under the "Municipal Improvement Act of 1913" and "Improvement Bond Act of 1915" (Division 12 and Division 10 of the Streets and Highways Code, respectively) for the construction of the water, sewer and street improvements in the EastLake Phase I is consistent with the financing plan and implementation program. RECOMMENDATION: Approve the Resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. ( 4,,L cry _., : Chap Vv.:0, L.-_: ,,r is Data! _____.. —_ Page 2, Item 16a, b, c, d, e Meeting Date 11/12/85 DISCUSSION: Environmental Impact Report The EIR for the project has teen certified by the Planning Commission and the Board of Directors of the Ot .y Water District. It is the conclusion of this EIR that all impacts of this project (the physical change in the environment) can be mitigated to a level .f insignificance. Those mitigation measures are outlined in Section III of th == final EIR. Assessment District Reimburse ient Agreement The EastLake Development Company, owners of the property to be included within the proposed assessment district 85-2 have signed an agreement, to advance funds to allow the City to pay for all initial consulting, administration, engineering and constructing, expenses, relating to the formation of the assessment district. The darters will be reimbursed or receive credit upon their assessment for monies p eviously advanced. The agreement lists the varios expenses (or consultant services) eligible for inclusion in the cost of the roceeding. It also provides a mechanism for the payment of funds by the prope °ty owner and the administration of the contract by the City. All City costs associated with these proceedings will be borne by the property owner. Petition The property owners of record have submitted a petition to the City requesting the initiation of special assessment district proceedings for the construction and installation of certain Athorized public improvements, including a water reservoir, water pump stati :n, transmission and on-site water facilities, reclaimed water improvements, sewer lines, street improvements, together with appurtenances, all as said improvements serve and benefit properties within EastLake I (Assessment Distr ct No. 85-2). The petition, as submitted, has been signed by the property owners representing 100% of the area and lands proposed to be assessed, and as also been signed by the lenders of record as shown on a preliminary title =port as submitted and dated October 16, 1985. Consultants The property owners in the P tition have requested the following consultants be employed to carry out t =e Assessment District proceedings, and their appointment is recommended bt ..luse of their familiarity with the project and the time restraints: A. Assessment Engineer: Willdan Associates B. Design Engineer: Low y & Associates and Rick Engineering C. Financial Consultant. Kadie-Jensen & Johnson D. Bond Counsel : F. Ma( enzie Brown, Inc. Page 3, Item 16a, b, c, d, e Meeting Date 11/12/85 The property owner has agreed to advance and/or guarantee the funds for payment to the consultants and will be reimbursed from bond proceeds. A contract with Rick Engineering for consultant work is now being drafted and will be submitted for Council approval in the near future. The total estimated cost of the improvements to be constructed by the Assessment District is approximately $7,000,000.00. The incidental expenses for engineering design, bond sales, bond reserve, City and Otay Water inspection and administration, etc. , will add approximately 30-40% to the construction costs. Otay Municipal Water District The Otay Municipal Water District is approving the plans and specifications for the water improvements, and will be performing the inspection on the construction of said improvements. The Water District will be paid for all their services from advances from the property owner and from bond proceeds. Prior to the award of any contract for water improvements, a contract will be submitted, setting forth terms and conditions as it relates to the ownership, management and maintenance of said facilities, said contract to be executed between the City and the Water District. Assessment District In order to coordinate the Assessment District proceedings with the EastLake Development Company schedule, including the substantial grading necessary for the project and the time requirements to construct the reservoir (8 months) , it is necessary to phase the award of the various construction contracts. The reservoir contract will be awarded in advance of the Assessment District public hearing, and it is also proposed that the water pump station contract will also be noticed and awarded prior to the public hearing and sale of bonds for these proceedings. The public hearing is proposed to take place approximate April , 1986. Funds for any contracts awarded prior to this time will be provided to the City by EastLake Development Company, which would then be reimbursed for any advances from the proceeds of the sale of bonds. The construction contracts for the remaining public improvement work would be awarded subsequent to any public hearing, and thus would be funded through the sale of bonds. Summary of Council Actions Through the adoption of the above resolutions, the City Council will have: 1. Accepted the petition which authorizes staff to proceed with formation of a special assessment district. 2. Approved the appointments of persons to perform duties, and approval of consulting and reimbursement agreements. 3. Approved the boundaries of Assessment District No. 85-2. Page 4, Item 16a, b, c, d, e Meeting Date 11/12/85 4. Authorized the bidding for first phase of work of improvement (water reservoir). 5. Approved the agreement committing the property owner to fund the cost of the proceedings. FISCAL IMPACT: The EastLake Development Company will be advancing all funds necessary for the initial costs and expenses of the consultants and construction bidding; thus, there is no fiscal impact on the City. WPC 1720E 1 legal leg cv 31028 15 5 t 11 17 85 CITY OF CHULA VISTA STATE OF CALIFORNIA NOTICE TO CONTRACTORS SEALED PROPOSALS will be received at the office of the City Engineer, City of Chula Vista. until 2:00 p.m. on Tuesday, December 10, 1995,at which time they will be publicly open- 9d and react for performing , work as follows: ) ' CONSTRUCTION OF 5 MG --• -0' STEEL RESERVOIR AND AP- PURTENANCES, IN THE COUNTY OF SAN DIEGO. The City Of Chula Vista hereby notifies all bidders that It will affirmatively ensure that in eny contrite entered Into pur• Suent to this Notice, minority business enterprises will be eb forded full opportunfly to submit bids in response to the Invite: tlon and will not be dlscriminaled against on the grounds of race,color.sex, or national origin In consideration for an award. No bid shall be received unleas It is made on e Proposal Form furnished by the City Engineer.Each bid must be nu- companied by cash, certified check,cashier's check,or bid- der's bond, made peysble to the City of Chula Vista for an Smoent egttnl io nt feat ten per- , cent (10} of the emcunt bid, such Guaranty In be forfeited should the bidder In whom the contract Is awarded fail to enter Into the contract. No blddei e Guaranty Is required If the bid amount is$25,000 or less. In accordance with the provl Slone of Section 1773 of the Labor Code of the State of California, the City of Chula Vista has ascertained the general prevailing wage scales applIcable to the work to be done. The prevailing wage . scales are those determined by the Director of Industrial Rela- tions,State of Celfornle and are available In the Office of the City Engineer. The Contractor who Is awarded the contract and who intends to use a craft or • elessilication not shown on the general prevailing wage deter- minations, may be required to pay the ways rate of that craft or classification most closely related to II as ahown In the general determinations etlec- live at the time of the call for bids. No bid will be accepted from a contractor who has not been licensed In accordance with the provisions of Chapter 9, DM- , sion 3 of the Business find Pro: fesslona Code, • Plans, ,forms of probdent5, bonds, contract. special prpvl. *tons, and specifications may be examined at the office of the City Engineer. Public Services Building� 276 Fourth Avenue, Chula View Copies of plans and specifications may be obtained at the office upon payment Of a1$.00. Remit 919.00 if you wish to have the plan and specifications mailed to you.If payment Is to be made by check, It should be made payable to the "City of Chula Vials." NO REFUND WILL BE MADE. DATED: 11/8/85 John P.Lippltt DINEC1 OR OF PUBLIC WORKS CITY ENGINEER CITY OF CHULA VISTA • ENGINEERING DIVISION CV 31029 11/17/98 CERTIFICATE OF FINANCIAL CONSULTANT CITY OF CHULA VISTA ASSESSMENT DISTRICT NO. 85-2 STATE OF CALIFORNIA CITY OF SAN DIEGO STATE OF CALIFORNIA I, CARL KADIE, hereby CERTIFY under PENALTY OF PERJURY: 1. That I am the authorized representative of KADIE-JENSEN & JOHNSON, the duly appointed FINANCIAL CONSULTANT. 2. That the City of Chula Vista at this time is considering the formation of a special assessment district pursuant to the provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, said special assessment district known and designated as ASSESSMENT DISTRICT NO. 85-2. 3. That said proceedings are to be initiated by a Petition signed by property owners of more than 60% in area of the property subject to assessment for the proposed improvements, and said Petition has been submitted to the City Council for consideration. 4. That based upon the documentation attached and an analysis and study of valua- tion, it is hereby determined that the total estimated amount of the proposed assessment will not exceed 75% of the estimated fair market value of the land proposed to be assessed after the proposed public improvements shall have been constructed. This determination is made pursuant to the requirements and authority of Section 2804.1 of the Streets and Highways Code of the State of California. For further particulars, reference is made to the support data and documentation attached hereto. EXECUTED this day o c .` _ , 1985, at San Diego, California. KAD ENSEN : JOHNSON ` ' Ili ' ` ' \ ' `�!11i CITY OF CHULA VISTA STATE OF CALIFORNIA Kadie - Jensen & Johnson Municipal Financing Consultants Inc. Kadie Willoughby C. Johnson Eleanor Jensen Ramona Financial Bldg. P.O. Box 346 402 W. Ojai Avenue Aromas, California 95004 Ojai, California 93023 (408) 726-1276 October 29 , 19 8 5 (805) 646-7206 [AstMem2] To: George Simpson From: Carl Kadie Re: Estimated Lien to Value Ratio on Assessment Bonds The lien ratio is a primary means of judging the quality of an assessment bond issue. It is determined by dividing the value of the property by the amount of the assessment proposed to be levied against the property. At this time we do not have a firm determination as to the amount of bonds to be issued. The best estimate to date of construction costs from Willdan Associates and our estimate of bond costs and appropriations is as follows : ESTIMATED AMOUNT OF THE BOND ISSUE Construction & 10% Contingencies $ 7 , 000 , 000 Engineering, Inspection, Fees , etc. 840 ,000 Sub total $ 7 , 840 , 000 Bond Related Costs and Appropriations Reserve Fund 950 , 000 Discount 425, 000 Legal , Financing, Asst. Eng, Misc. 285, 000 Estimated Total Amount of Bonds $ 9,500,000 A formal appraisal is proposed to be done prior to the actual sale of bonds. This appraisal will be based in part on an analysis of absorption [rate of development] which will be per- formed by a consultant specializing in the field. In order to provide an early indication of value, we have prepared a brief analysis which is based primarily on the cash flow of the project as projected by EDC . National Municipal Leasing Services Inc. Memo to George Simpson t October 29 , 1985 Page 2 EDC has provided us with an update of the projected cash flow of the project on the condition that we generally keep the data supplied confidential . While we are showing you this data separately and also showing it to the City' s Finance Director, we have not included it in this Memo. The cash flow provided by EDC is in current dollars . Ac- cordingly, if both land values and costs are subject to the same inflationary pressures , this should add a conservative edge to the projections . As most of the EDC expenditures have already been incurred, or in the case of land acquisition, are fixed, the rate of inflation of costs would have to exceed the rate of in- flation of land by some 250% before the use of current dollars would result in an over estimate of income. In order to determine the present value of a cash flow, the projected income stream is discounted. In other words , assuming a discount rate of 10% , the present value of a dollar to be re- ceived in one year would be $0 . 90 . This discounting is done on a compound basis . Because of the probable favorable effects of inflation on the cash flow, we have used a ten percent discount rate to provide probable value and a fifteen percent rate to provide a low value. On this basis , the present value of the projected cash flow is as follows : PRESENT VALUE OF CASH FLOW 10% Discount Rate $41 , 345 , 000 15% Discount Rate: 35 , 673 , 000 In addition to the value of the cash flow as shown above, the land in East Lake 1 will have appreciated by the improvements to be provided by the Assessment Project and the estimated amount of improvements constructed by builders as provided by EDC. The total estimated value of East Lake 1 is shown below: Memo to George Simpson October 29 , 1985 Page 3 ESTIMATED VALUE OF EAST LAKE 1 Probable Low Value Value Value of Cash Flow $41 , 345 , 000 $35 , 673 , 000 Assessment Improvements 9, 500 , 000 7 ,840 ,000 Builder Improvements 5 , 823 , 000 5 , 823 ,000 Total $ 56, 678 , 000 $ 49,336 , 000 Based on the above estimates of cost, the lien ratio relative to the proposed assessment bond issue would be as shown below: ESTIMATED LIEN RATIO Lien Ratio Probable Value 5. 96 : 1 Low Value 5 . 19 : 1 Based on the foregoing analysis , we are of the opinion that the land will provide excellent security for the bonds - well above the current norm for development projects using assessment bonds as a means of inferstructure financing. The question of the overlapping or layering of debt which will take place when additional bonds are issued is addressed in a separate memo. Such additional bonds will consist of the Mello- Roos financing of schools and perhaps certain other facilities such as parks , the fire station and transportation center. SPECIAL INSTRUCTIONS TO REAL ESTATE EXCHANGE ESCROW INSTRUCTIONS AND ADDENDUM TO AGREEMENT REGARDING PURCHASE AND SALE OF REAL PROPERTY (PARCEL 2) With reference to Real Estate Exchange Escrow Instructions and Addendum to Agreement Regarding Purchase Sale of Real Property - (Parcel 2) , you are instructed to insert the amount of Four Million Seven Hundred Sixteen Thousand Six Hundred Dollars ($4,716,600) as the exchange value for Parcel 2 in Article 2 of said Instructions. WESTERN SALT COMPANY, a California corporation BY: �„, 1111, ilk BY: EASTLAKE DEVELOPMENT COMPANY, a California general partnership By _DAVID IV, INC. , a Calif&tnia corporation David B. Kuhn, Jr. L President HONORABLE MAYOR GREG COX AND CITY COUNCIL City of Chula Vista 276 Fourth Avenue Chula Vista, California 92010 This is to certify that EastLake Development Coupany has expended the following amounts for planning and development of EastLake I as of September 30, 1985: Planning, engineering and other 'soft' project costs: $ 7,391,000. Development costs: 6,893,000. $14,284,000. EASTLAKE Certified this 30th day of October, 1985: COM ANENT Y EASTLAKE DEVELOPMENT COMPANY by: fi 1(N,.` -f. Robert Santos Senior Vice President 701 B Street Suite 730 San Diego,CA 92101 (619)231-2858 GEORGE T. SIMPSON j(1 INFRASTRUCTURE PLANNING AND FINANCE 4337 PT.VIEW COURT LA MESA.CALIFORNIA 92041 (619)462-4257 November 4, 1985 TO: LYMAN CHRISTOPHER, Finance Director .. City of Chula Vista FROM: GEORGE SIMPSON, EASTLAKE Project Manage SUBJECT: CITY - EASTLAKE Reimbursement Agreement The proposed Reimbursement Agreement between the CITY and EASTLAKE requires a irrevocable "Letter of Credit" as security for EASTLAKE ' s agreement to advance on demand the funds necessary for the costs of construction contracts and other agreements prior to the receipt of bond funds . It is recommended that the "Letter of Credit" be in the amount of $3, 000, 000 based on the following estimate of funds that will be required prior to the sale of bonds . 1. Consultants BROWN - If proceedings terminated or abandoned a reasonable fee will be paid based on $125/Hr . , with a maximum of $5, 000 . WILLDAN - Progress payments prior to the sale of bonds based on monthly billings to a maximum of $20,000 . KADIE - Costs of printing, Notice , and publica- tion, etc. of Official Statement to a maximum of $5, 000 . Proceedings terminated or abandoned, a reasonable fee will be paid based on $100/Hr . with a maximum including out-of-pocket costs of $5, 000 for personal services . Subcontractors for Appraisals and Market analysis . Estimate of $50,000. CONSULTANTS SUB-TOTAL $85, 000 TO Lyman Christopher November 4, 1985 FROM: George Simpson Page Two 2. Construction Contracts Reservoir $1, 844 , 000 Pump Station $ 825, 000 CONSTRUCTION SUB-TOTAL $2, 669, 000 3 . OTAY WATER DISTRICT Engineering administration and inspection @ 3% of contract $80, 000 4 . CITY OF CHULA VISTA Contract administration @ 1% of contract $27 , 000 ADMINISTRATION AND INSPECTION SUB-TOTAL $ 107, 000 SUMMARY Consultants $ 85, 000 Construction Contracts 2 , 669, 000 Administration and Inspection 107 , 000 $2, 861, 000 Contingency 139, 000 TOTAL "LETTER OF CREDIT" $3, 000, 000 cc: KADIE BROWN SANTOS JONES GTS November 5, 1985 CONSULTANT CONTRACTS - SUMMARY c .. Assessment District 85-2 TERMINATION CONTRACT BOND PRE-BOND NO BONDS SOLD CONSULTANT AMOUNT PROCEEDS PAYMENTS ABANDONMENT BROWN *1 $ 47, 500 $ 47, 500 None $5,000 SERVICES WILLDAN *2 44, 000 24, 000 $20, 000 None KADIE *3 78, 500 28, 500 *4 APPRAISER 5, 000 SERVICES MARKET 5,000 PRINTING ($50 , 000) OS DOWRY 164, 500 164, 500 None None RICK *5 NOT -- None None IDENTIFIED TOTALS $334 , 500 $264 , 500 $70, 000 $15, 000 *1 BROWN - Credit of 1/3 of any fees paid on support contract ($10,000) *2 WILLDAN - Credit of 1/3 of any fees accrued to date (11-12-85) on support contract ($40, 000) *3 KADIE - $6, 666 maximum (1/3 of total paid on Support Consultant contract $20, 000) NOTE: Consultants do not appear to be consistent on credits *4 Sub-consultants to KADIE . Appraiser and Market Absorption. Preliminary estimate of cost $50 ,000. *5 RICK ENGINEERING Contract need to be prepared for design costs for on-site water and sewer plus Otay Lakes Road. All costs to be paid from Bond proceeds. SUMMARY TOTAL CONSULTANT CONTRACTS $334, 500* PRE-BOND SALE OBLIGATION 70 ,000 TERMINATION/ABANDONMENT OBLIGATION (PLUS PRE-BOND) 15, 000 BOND PROCEEDS OBLIGATION 264, 500 *PLUS RICK ENGINEERING (ALL FROM BOND PROCEEDS) COUNCIL AGENDA STATEMENT L S IL . Item 16a, b, c, d, e Meeting Date 11/12/85 ITEM TITLE: a. Resolution /05?;1' �Certifying EIR-85-3 b. Resolution A,S, Making Findings on Petition: Formal action of City Council accepting petition for proceedings for a special assessment district and making preliminary statutory findings c. Resolution /°�O? 1 Making Appointments and Approving Agreements in a Special Assessment District: Makes preliminary appointments of Superintendent of Streets, etc. , and approves consulting contracts with Bond Counsel , F. Mackenzie Brown, Inc. ; Assessment Engineer, Willdan Associates; Financial Consultant, Kadie-Jensen & Johnson; and Design Engineer, Lowry & Associates d. Resolution /°,�WAdopting Proposed Boundary Map: Formal action approving boundaries of Assessment District No. 85-2. e. Resolution / ,5?4'< 'Referencing Prevailing Wage Scale and Directing Call for Construction Bids: Formal action authorizing bidding on the works of improvement to be awarded December 17, 1985, with costs to be guaranteed and advanced by Property Owner, EastLake Development Company SUBMITTED BY: Director of Public Works/City Engineer � w(/ REVIEWED BY: City Manage (4/5ths Vote: Yes No X ) On February 26, 1985, Council adopted the EastLake I SPA and approved a Development Agreement and Public Facilities Financing Plan for the development. The use of special assessment financing under the "Municipal Improvement Act of 1913" and "Improvement Bond Act of 1915" (Division 12 and Division 10 of the Streets and Highways Code, respectively) for the construction of the water, sewer and street improvements in the EastLake Phase I is consistent with the financing plan and implementation program. RECOMMENDATION: Approve the Resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. by tho Cliy Council of Chula Vista, Ca`iorria Dated //- /O2 �-i6i Page 2, Item 16a, b, c, d, e Meeting Date 11/12/85 DISCUSSION: y // {t, Environmental Impact Report The EIR for the project has been certified by the Planning Commission and the Board of Directors of the Otay Water District. It is the conclusion of this EIR that all impacts of this project (the physical change in the environment) can be mitigated to a level of insignificance. Those mitigation measures are outlined in Section III of the final EIR. Assessment District Reimbursement Agreement The EastLake Development Company, owners of the property to be included within the proposed assessment district 85-2 have signed an agreement, to advance funds to allow the City to pay for all initial consulting, administration, engineering and construction expenses, relating to the formation of the assessment district. The owners will be reimbursed or receive credit upon their assessment for monies previously advanced. The agreement lists the various expenses (or consultant services) eligible for inclusion in the cost of the proceeding. It also provides a mechanism for the payment of funds by the property owner and the administration of the contract by the City. All City costs associated with these proceedings will be borne by the property owner. Petition The property owners of record have submitted a petition to the City requesting the initiation of special assessment district proceedings for the construction and installation of certain authorized public improvements, including a water reservoir, water pump station, transmission and on-site water facilities, reclaimed water improvements, sewer lines, street improvements, together with appurtenances, all as said improvements serve and benefit properties within EastLake I (Assessment District No. 85-2). The petition, as submitted, has been signed by the property owners representing 100% of the area and lands proposed to be assessed, and has also been signed by the lenders of record as shown on a preliminary title report as submitted and dated October 16, 1985, Consultants The property owners in the Petition have requested the following consultants be employed to carry out the Assessment District proceedings, and their ' appointment is recommended because of their familiarity with the project and the time restraints: A. Assessment Engineer: Willdan Associates B. Design Engineer: Lowry & Associates and Rick Engineering C. Financial Consultant: Kadie-Jensen & Johnson D. Bond Counsel : F. Mackenzie Brown, Inc. Page 3, Item 16a, b, c, d, e Meeting Date 11/12/85 The property owner has agreed to advance and/or guarantee the funds for payment to the consultants and will be reimbursed from bond proceeds. A contract with Rick Engineering for consultant work is now being drafted and will be submitted for Council approval in the near future. The total estimated cost of the improvements to be constructed by the Assessment District is approximately $7,000,000.00. The incidental expenses for engineering design, bond sales, bond reserve, City and Otay Water inspection and administration, etc. , will add approximately 30-40% to the construction costs. Otay Municipal Water District The Otay Municipal Water District is approving the plans and specifications for the water improvements, and will be performing the inspection on the construction of said improvements. The Water District will be paid for all their services from advances from the property owner and from bond proceeds. Prior to the award of any contract for water improvements, a contract will be submitted, setting forth terms and conditions as it relates to the ownership, management and maintenance of said facilities, said contract to be executed between the City and the Water District. Assessment District In order to coordinate the Assessment District proceedings with the EastLake Development Company schedule, including the substantial grading necessary for the project and the time requirements to construct the reservoir (8 months) , it is necessary to phase the award of the various construction contracts. The reservoir contract will be awarded in advance of the Assessment District public hearing, and it is also proposed that the water pump station contract will also be noticed and awarded prior to the public hearing and sale of bonds for these proceedings. The public hearing is proposed to take place approximate April , 1986. Funds for any contracts awarded prior to this time will be provided to the City by EastLake Development Company, which would then be reimbursed for any advances from the proceeds of the sale of bonds. The construction contracts for the remaining public improvement work would be awarded subsequent to any public hearing, and thus would be funded through the sale of bonds. Summary of Council Actions Through the adoption of the above resolutions, the City Council will have: 1. Accepted the petition which authorizes staff to proceed with formation of a special assessment district. 2. Approved the appointments of persons to perform duties, and approval of consulting and reimbursement agreements. 3. Approved the boundaries of Assessment District No. 85-2. Page 4, Item 16a, b, c, d, e Meeting Date 11/12/85 4. Authorized the bidding for first phase of work of improvement (water reservoir). 5. Approved the agreement committing the property owner to fund the cost of the proceedings. FISCAL IMPACT: The EastLake Development Company will be advancing all funds necessary for the initial costs and expenses of the consultants and construction bidding; thus, there is no fiscal impact on the City. WPC 1720E COUNCIL AGENDA STATEMENT / ' b :; ,, ; ,` Item 16 a,_b, c, d, e Meeting Date 11/12/85 ITEM TITLE: a. Resolution /;; r—Certifying EIR-85-3 b. Resolution /A 44 Making Findings on Petition: Formal action. of City Council accepting petition for proceedings for a special assessment district and making preliminary statutorj findings c. Resolution / ' �7Making Appointments and Approving Agreements in a Special Assessment District: Makes preliminary appointments of Superintendent of Streets, etc. , and approves consulting contracts with Bond Counsel , F. Mackenzie Brown, Inc. ; Assessment Engineer, Wilidan Associates; Financial Consultant, Kadie-Jensen & Johnson; and Design Engineer, Lowry & Associates d. Resolution /a7 WAdopting Proposed Boundary Map: Formal action approving boundaries of Assessment District No. 85-2. e. Resolution /A,5? 7Referencing Prevailing Wage Scale and Directing Call for Construction Bids: Formal action authorizing bidding on the works of improvement to be awarded December 17, 1985, with costs to be guaranteed and advanced by Property Owner, EastLake Development Company / SUBMITTED BY: Director of Public Works/City Engineer 9//Y:// REVIEWED BY: City Manage (4/5ths Vote: Yes No X ) On February 26, 1985, Council adopted the EastLake I SPA and approved a Development Agreement and Public Facilities Financing Plan for the development. The use of special assessment financing under the "Municipal Improvement Act of 1 913" and "Improvement Bond Act of 1915" (Division 12 and Division 10 of the Streets and Highways Code, respectively) for the construction of the water, sewer and street improvements in the EastLake Phase I is consistent with the financing plan and implementation program. RECOMMENDATION: Approve the Resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. / / by the Ciy Council of Chub Vista, Cal iicrni/ � Dated // /2 — S yr Page 2, Item 16a, b, c, d, e Meeting Date 11/12/85 DISCUSSION: Environmental Impact Report The EIR for the project has been certified by the Planning Commission and the Board of Directors of the Otay Water District. It is the conclusion of this EIR that all impacts of this project (the physical change in the environment) can be mitigated to a level of insignificance. Those mitigation measures are outlined in Section III of the final EIR. Assessment District Reimbursement Agreement The EastLake Development Company, owners of the property to be included within the proposed assessment district 85-2 have signed an agreement, to advance funds to allow the City to pay for all initial consulting, administration, engineering and construction expenses, relating to the formation of the assessment district. The owners will be reimbursed or receive credit upon their assessment for monies previously advanced. The agreement lists the various expenses (or consultant services) eligible for inclusion in the cost of the proceeding. It also provides a mechanism for the payment of funds by the property owner and the administration of the contract by the City. All City costs associated with these proceedings will be borne by the property owner. Petition The property owners of record have submitted a petition to the City requesting the initiation of special assessment district proceedings for the construction and installation of certain authorized public improvements, including a water reservoir, water pump station, transmission and on-site water facilities, reclaimed water improvements, sewer lines, street improvements, together with appurtenances, all as said improvements serve and benefit properties within EastLake I (Assessment District No. 85-2). The petition, as submitted, has been signed by the property owners representing 100% of the area and lands proposed to be assessed, and has also been signed by the lenders of record as shown on a preliminary title report as submitted and dated October 16, 1985. Consultants The property owners in the Petition have requested the following consultants be employed to carry out the Assessment District proceedings, and their ' appointment is recommended because of their familiarity with the project and the time restraints: A. Assessment Engineer: Willdan Associates B. Design Engineer: Lowry & Associates and Rick Engineering C. Financial Consultant: Kadie-Jensen & Johnson D. Bond Counsel : F. Mackenzie Brown, Inc. Page 3, Item 16a, b, c, d, e Meeting Date 11/12/85 The property owner has agreed to advance and/or guarantee the funds for payment to the consultants and will be reimbursed from bond proceeds. A contract with Rick Engineering for consultant work is now being drafted and will be submitted for Council approval in the near future. The total estimated cost of the improvements to be constructed by the Assessment District is approximately $7,000,000.00. The incidental expenses for engineering design, bond sales, bond reserve, City and Otay Water inspection and administration, etc. , will add approximately 30-40% to the construction costs. Otay Municipal Water District The Otay Municipal Water District is approving the plans and specifications for the water improvements, and will be performing the inspection on the construction of said improvements. The Water District will be paid for all their services from advances from the property owner and from bond proceeds. Prior to the award of any contract for water improvements, a contract will be submitted, setting forth terms and conditions as it relates to the ownership, management and maintenance of said facilities, said contract to be executed between the City and the Water District. Assessment District In order to coordinate the Assessment District proceedings with the EastLake Development Company schedule, including the substantial grading necessary for the project and the time requirements to construct the reservoir (8 months) , it is necessary to phase the award of the various construction contracts. The reservoir contract will be awarded in advance of the Assessment District public hearing, and it is also proposed that the water pump station contract will also be noticed and awarded prior to the public hearing and sale of bonds for these proceedings. The public hearing is proposed to take place approximate April , 1986. Funds for any contracts awarded prior to this time will be provided to the City by EastLake Development Company, which would then be reimbursed for any advances from the proceeds of the sale of bonds. The construction contracts for the remaining public improvement work would be awarded subsequent to any public hearing, and thus would be funded through the sale of bonds. Summary of Council Actions Through the adoption of the above resolutions, the City Council will have: 1 . Accepted the petition which authorizes staff to proceed with formation of a special assessment district. 2. Approved the appointments of persons to perform duties, and approval of consulting and reimbursement agreements. 3. Approved the boundaries of Assessment District No. 85-2. t l µ t Page 4, Item 16a, b, c, d, e Meeting Date 11/12/85 4. Authorized the bidding for first phase of work of improvement (water reservoir). 5. Approved the agreement committing the property owner to fund the cost of the proceedings. FISCAL IMPACT: The EastLake Development Company will be advancing all funds necessary for the initial costs and expenses of the consultants and construction bidding; thus, there is no fiscal impact on the City. WPC 1720E