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HomeMy WebLinkAboutAgenda Packet 1991/08/06 Tuesday, August 6, 1991 4:00 p.m. "l ('~!""::'l..,,' ., ~i~~~{:~f(i~';"~~~;)i~;~~~i~"~ii'~r;i':fi~~:~Fm '," 1..., '. ," l' ~ ,,'. ,. <:: ' "j '" .".. __' ....._.:"4cr1j,CS;:; dUi.'.:}!n:::. 2nd. at C:ty 'H on . Dr,', E.'),_ ~-/.,'1!.-.- S!~':,.J'OLl=V~~ "Council Chambers +(j Public Services Building Regular MeetinS( of the City of Chula Vista City Council CAIJ.ED TO ORDER 1. CAIJ. TIiE ROLL: Councilmembers Grasser Horton -' Malcolm _, Moore -' Rindone -' and Mayor Nader _' 2. PLEDGE OF ALLEGIANCE TO TIiE FLAG. SILENf PRAYER 3. APPROVAL OF MINlITES: July 9, 16, 23, and 25, 1991 4. SPECIAL ORDERS OF TIiE DAY: a. Oath of Office: Jackie McQuade, Resource Conservation Commission b. Proclaiming August 12, 1991 as "Fire Fighter Appreciation Day" - Proclamation will be presented by Fire Chief Sam Lopez. CONSENT CALENDAR The staff recommendations regarding the following items listed under the Consent Calendar will be enacted by the Council by one motion wiJJwut discussion unless a CounciImember, a member of the publiJ.: or city staff requests that the item be pulled for discussion. If you wish to speak on one of these items, please [tlJ out a "Request to Speak Form" available in the lobby and submit it to the City Clerk prior to the meeting. (Complete the green form to speak in favor of the staff recommendation; complete the pink form to speak in opposition to the staff recommendation.) Items pulled from the Consent Calendar will be discussed after PubliJ.: Hearings and Oral Communications. Items pulled by the publiJ.: will be the first items of business. 5. WRITfEN COMMUNICATIONS: a. Claims Against the City: 1) Earth Busters & Materials, Inc., c/o Sandra K. Brislin, Esq., Bandy & Koester, 1633 E. 4th Street, Suite 184, Santa Ana, CA 92701; and 2) Ms. Sarah Frazier, Law Offices of Samuel Spital, 1200 Third Avenue, Suite 1524, San Diego, CA 92101. Staff recommends that the claims be denied. b. Letter requesting waiver of deposits required for Conditional Use Permit and Environmental Study _ Gregory Bolden, Administrator, Abundant Life Counseling Centers, Inc., 3 North Second Avenue, Chula Vista, CA 91910. c. Letter requesting support to allow the Boards/Commissions to utilize business cards - Bob Thomas, Vice-Chairman, Safety Commission. Agenda .2. August 6, 1991 6.A ORDINANCE 2470 AMENDING VARIOUS CHAPTERS OF SECTION 9.20 OF TIlE MUNICIPAL CODE TO ALTER OR ENHANCE TIlE CRIMINAL AND/OR CIVIL PENALTIES ASSOCIATED Willi GRAFFITI RELATED VIOLATIONS (second readinsr and adoption) . When Council considered the amendments proposed for Chapter 9.20 of the Municipal Code at the 7/16/91 Council meeting, they directed that staff return with further amendments to Chapter 9.20. Staff recommends Council place ordinances 2470,2471, and 2473 on second reading and adoption. (City Attorney) B. ORDINANCE 2471 AMENDING CHAPTER 9.20 BY AMENDING SECTION 9.20.035 (second readinsr and adoption) C. ORDINANCE 2472 AMENDING CHAPTER 9.20 BY AMENDING TIlE TITLE TO SECTION 9.20.037 (second readinSl: and adoption) D. ORDINANCE 2473 AMENDING SUBSECTION (A) 'CRIMINAL PENALTIES' OF SECTION 9.20.050 "PENALTIES FOR VIOLATION OF CHAPTER' OF CHAPTER 9.20 "PROPERlY DEFACEMENT" OF TIlE MUNICIPAL CODE TO PROVIDE FOR AN ENFORCEMENT POIJCY FOR WRONGFUL DISPLAY OF AEROSOL PAINT CONTAINERS AND FELT TIP MARKERS (first readinsr) . At the 7/23/91 Council meeting, the City Attorney was directed to prepare an enforcement policy conditioned on providing general notice to the business community and specific notice of a violation, prior to commencement of criminal prosecution. Staff recommends Council place ordinance on first reading and adoption. 7. ORDINANCE 2469 AUTIIORlZING AN AMENDMENT TO TIlE CONTRACT Willi TIlE BOARD OF ADMINISTRATION OF TIlE PUBIJC EMPLOYEES' RETIREMENT SYSTEM (second readinSl: and adoption) . Action will amend the City's Public Employees' Retirement (PERS) contract to provide for Section 20020.1. Staff recommends Council place ordinance on second reading and adoption. (Director of Personnel) 8. RESOLUTION 16279 ACCEPTING CAUFORNIA IJBRARY SERVICES ACT GRANT FUNDS FOR TIlE PURPOSE OF PROVIDING FAMILY IJTERACY SERVICES AND APPROPRIATING lliOSE FUNDS TO AMEND TIlE FiSCAL YEAR 1991/92 BUDGET. The State of California has recently approved the Chula Vista Public Library/Chula Vista Literacy Team's application for grant funds in the amount of $9,600.00 to provide family literacy services in cooperation with the Chula Vista City Elementary School District's Even Start program. Staff recommends approval of the resolution. (Library Director) 9. RESOLUTION 16280 ACCF.PTING BIDS AND AWARDING CONTRACT FOR UPGRADE OF EXISTING TELEPHONE SYSTEM . Bids were opened on 7/15/91 for the upgrade of the existing telephone system. The current configuration is at capacity and needs to be upgraded to accommodate new telephone. Staff recommends approval of the resolution. (Director of Finance) Agenda -3- August 6, 1991 10. RESOLUTION 16281 EXfENDING CONTRACTUAL AGREEMENT Willi SOUTH BAY COMMUNITY SERVICES TO PROVIDE YOUTH COUNSEUNG, COMMUNITY OlITREACH AND GRAFFITI ERADICATION - Since FY 1985-86, the City has contracted with South Bay Community Services to provide juvenile services. This contract is recommended to be extended through FY 1991-92 and will include funds for the Youth Services Bureau, the Runaway and Homeless Program, and the Graffiti Eradication Program. Staff recommends approval of the resolution. (Chief of Police) 11. RESOLUTION 16282 AMENDING A LEASE AGREEMENT Willi HUBERT A. CHRISTENSEN AND MARGARET SCOTT BLAIR FOR THE BUIlDING AT 311 "F" STREET AND AUTHORIZING THE MAYOR TO EXECUTE THE SAME - At the 9/26/89 meeting, Council approved a lease agreement with Hubert A. Christensen and Margaret Scott Blair for the 6,300 square foot building at 311 'F' Street. The building has been used for recreational activities for seniors during the renovation of Norman Park Center. Staff recommends approval of the resolution. (Director of Parks and Recreation) 12. RESOLUTION 16283 ORDERING CERTAIN OPEN SPACE AND MAINTENANCE FACIUTIES TO BE MAINTAINED AND LEVYING ASSESSMENT FOR FISCAL YEAR 1991/92 FOR OPEN SPACE DISTRICT NUMBER 18 - In accordance with the Municipal Code Section 17.07, the City Engineer had reports prepared on the spread of assessments for the open space districts. The reports were accepted in June, 1991 and the required public hearing was held on July 9, 1991. At that meeting Council directed staff to meet with the property owners of Open Space District No. 18 and return to Council. Council also directed staff to review the contracts and maintenance of Open Space District Nos. 7, II, and 18. Staff recommends approval of the resolution. (Director of Public Works and Director of Parks and Recreation) 13.A. RESOLUTION 16284 RENEWAL OF LANDSCAPE MAINTENANCE CONTRACT FOR OPEN SPACE MAINTENANCE DISTRICTS 1-10, 14 UNITS 1-7, IS, 18, 20, AND EASTI.AKE MAINTENANCE DISTRICT - On 5/6/86, Council accepted the Department's report regarding renewal options for open space contractors. The Department will exercise its option to renew the landscape maintenance contracts in Open Space Maintenance Districts 1-10, 14 Units 1-7, 15, 18, 20 and EastLake Maintenance District. Staff recommends approval of the resolution. (Director of Parks and Recreation) B. RESOLUTION 16285 RENEWAL OF LANDSCAPE MAINTENANCE CONTRACT FOR OPEN SPACE MAINTENANCE DISTRICT 11 - Staff recommends approval of the resolution. (Director of Parks and Recreation) 14. RESOLUTION 16286 APPROVING SECOND AMENDMENT TO THE QTYWIDE STREET SWEEPING AGREEMENTEXfENDINGSAME FORONEADDmONAL YEAR _ On 9/15/87, Council approved a contract with Laidlaw Waste Systems, Inc. to provide street sweeping. The agreement provided for three years of street sweeping with the contract price to be adjusted each year by the San Diego Area CPI. In addition, the agreement permitted two additional one- Agenda -4- August 6, 1991 year extensions upon satisfactory negotiation of a contract price. On 9/11/90, Council approved the first amendment to the agreement which extended the contract through 8/31/91. Staff and Laidlaw have negotiated a price to provide citywide street sweeping setvices through 8/31/92 for the second and final year extension as included in the contract. Staff recommends approval of the resolution. (Director of Public Works) 15. RESOLUTION 16287 ACCEPTING CONTRACfWORKFOR TIffi CONSTRUcnON OF "H" STREET BUS TURN-OUT AT TIffi CHUl.A VISTA SHOPPING CENTER AND APPROPRIATING FUNDS THEREFORE - On 7/26/90, Council awarded a contract in the amount of $69,967.03 (including contingencies) to Addex Construction Co. The contract was for the construction of a bus turn-out on "H" Street at the Chula Vista Shopping Center and the work is now completed. The total cost of the project, however, exceeded the budgeted amount by $14,598.76. Therefore, this amount needs to be appropriated from the unappropriated SCOOT Capital Projects fund. Staff recommends approval of the resolution. (Director of Public Works) * * END OF CONSENT CALENDAR * * PUBUC HEARINGS AND RELATED RESOLUTIONS AND ORDINANCES The following items have been advertised and/or posted as public hearings as required by law. If you wish to speak to any item, please fill out the "Request to Speak Form' available in the lobby and submit it to the City Clerk prior to the meeting. (Complete the green form to speak in favor of the staff recommendation; complete the pink form to speak in opposition to the staff recommendation.) Comments are limited to five minutes per individual 16. PUBUC HEARING CONSIDERATION OF A DRAFT TRANSNET (SALES TAX) TRANSPORTATION IMPROVEMENT PROGRAM EXPENDITURE PLAN FOR FISCAL YEARS 1992-93 lHROUGH 1998-99 - The 1992 San Diego Regional Transportational Improvement Program (RTIP) is a seven year program of proposed major highway arterial, transit, bikeway, and aviation projects. The annual development and approval of the RTIP by the San Diego Association of Governments (SANDAG) is a requirement for the continued receipt of State and Federal transportation project funding. The "Proposition A Transnet Transportation Improvement Program - Ordinance and Expenditure Plan" also requires that all proposed projects funded with Transnet sales tax be included in the Regional Transportation Improvement Program (RTIP). Staff recommends Council conduct the public hearing and approve the resolution. (Director of Public Works) RESOLUTION 16288 ADOPTING TIffi SEVEN-YEAR TRANSNET LOCAL STREET AND ROAD PROGRAM, FISCAL YEARS 1993 lHROUGH 1999, AND APPROVING TIffi SUBMITTAL OF CHUl.A VISTA'S TRANSNET 1992 REGIONAL TRANSPORTATION IMPROVEMENT PROGRAM (RTIP) TO TIffi SAN DIEGO ASSOCIATION OF GOVERNMENTS 17. PUBUC HEARING CONSIDERATION OF A DEFERRAL FOR UNDERGROUNDING UTIUlY SERVICES TO A PROPOSED RETAIL ESTABUSHMENT AT 1100 THIRTIETH STREET, NATIONAL CITY . San Diego Gas and Electric Agenda -5- August 6, 1991 Company has requested that the City grant a deferral of the undergrounding requirements imposed on the Toys R Us project on Thirtieth Street. The request was made because the underground conduit would be placed within a portion of the old Sweetwater River. SDG&E representatives feel that there is a high chance that the conduit would wash out if it were to be placed underground. Section 15.32.130 of the Municipal Code states that all deferrals of undergrounding must be considered by Council at a public hearing and that the owner must enter into an agreement with the City. Staff recommends Council hold the public hearing and approve the resolution. (Director of Public Works) Staff request this item be continued to the August 20, 1991 meeting. ORAL COMMUNICATIONS This is an opportuni1y for thE general public to address thE CiJy Council on any subject matter within thE Council's jurisdiction that is not an item on this agenda. (State law, Iwwever, generally prohibits thE CiJy Council from taking action on any issues not induded on thE posted agenda.) If you wish to address thE Council on such a subject, please complete thE yellow "Request to Speak Under Oral Communications Form" available in thE lobby and submit it to thE City Clerk prior to thE meeting. Those who wish to speak, please give your name and address for record purposes and follow up action. Your time is limited to three minutes per speaker. ACTION ITEMS The items listed in this section of thE agenda are expected to elicit substantiol discussions and deliberations by thE Council, staff, or members of thE general public. The items will be considered individually by thE Council and staff recommendations may in certain cases be presented in thE aitemative. Those who wish to speak, please fill out a "Request to Speak" form available in thE lobby and submit it to thE CiJy Clerk prior to thE meeting. Public comments are limited to five minutes. 18. RESOLUTION 16289 APPROVING AGREEMENT WITH SCHEMA SYSTEMS TO DEVELOP A REQUEST FOR PROPOSALS (RFP) AND PROVIDE MANAGEMENT SUPPORT FOR IMPLEMENTATION OF A COMPlITER AIDED DISPATCH (CAD) SYSTEM - In 1986, Council directed staff to implement a series of recommendations to improve the City's Public Safety Communications Systems. Several of these recommendations have been implemented and staff is now seeking Council's approval to proceed with the selection of a consultant to prepare an RFP for a CAD system. Staff recommends approval of the resolution. (Chief of Police) 19.A RESOLUTION 16290 AUTHORIZING ISSUANCE OF BONDS, APPROVING BOND INDENTURE AND OFFIOAL STATEMENT FOR ASSESSMENT DISTRICT NUMBER 90-3 (EASl1.AKE GREENS) -These are the closing resolutions for the EastLake Greens Phase I assessment district proceedings. They approve certain bond-related documents and award the bond sale to the lowest bidder. They also approve the Security Enhancement Agreement which provides a safety factor for assessed parcels whose value-to-assessment ratio is less than three to one. Staff recommends approval of the resolutions. (Director of Public Works and Director of Finance) Agenda -6- August 6, 1991 B. RESOLUTION 16291 MAKING AWARD FOR SALE OF BONDS, AND PROVIDING FOR THE ESTABUSHMENT ORA REDEMPTION FUND FOR ASSESSMENT DISTRlCf NUMBER 90-3 (EASTLAKE GREENS) C. RESOLUTION 16292 AUTHORIZING AND PROVIDING FOR THE SECURI1Y ENHANCEMENT AGREEMENT FOR ASSESSMENT DISTRlCf NUMBER 90-3 (EASTLAKE GREENS) AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT BOARD AND COMMISSION RECOMMENDATIONS This is the time the CiIy Council will consider items whk:h have been forwarded to them for consideration by one of the CiIy's Boards, Commissions and/or Committees. None submitted. ITEMS PULLED FROM THE CONSENT CALENDAR This is the time the CiIy Council will discuss items whk:h have been removed from the Consent Calendar. Agenda items pulled at the request of the public will be considered prior to those pulled by CounciImembers. Public comments are limited to five minutes per individual OTI-IER BUSINESS 20. Cl1Y MANAGER'S REPORTCS) a. Scheduling of meetings. 21. MAYOR'S REPORTCS) a. Request from the Port Commission to appoint a representative to serve on the Equal Opportunity Advisory Committee - Robert Penner, M.D., Chairman b. Ratification of appointment to Boards and Commissions: Charter Review Commission and Housing Advisory Committee (2) 22. COUNCIL COMMENTS Councilman Moore Agenda -7- August 6, 1991 ADJOURNMENf The City Council will meet in a closed session immediately following the Council meeting to discuss: Potential litigation pursuant to Government Code Section 54956.9 - Proposed Airport The meeting will adjourn to (a closed session and thence to) the Regular City Council Meeting on August 13, 1991 at 6:00 p.m. in the City Council Chambers. Ajoint City Council/Redevelopment Agency meeting will be held immediately after the City Council meeting. COUNCIL AGENDA STATEMENT ITEM TITLE: proclaiming Appreciation California ITEM~ MEETING DATE _08/06/91 August 12, 1991 Day" in the City as "Fire Fighter of Chula Vista, SUBMITTED BY: Fire Chief Sam Lopez (4/sths Vote: Yes No Proclamation to be presented to Chief Lopez. ~b- \ PROCLAIMING AUGUST 12, 1991 AS "FIRE FIGHTER APPRECIATION DAY. IN THE CITY OF CHULA VISTA, CALIFORNIA WHEREAS, fire fighters respond each day to situations that require not only technical skill but also physical resourcefulness and personal courage; and WHEREAS, fire fighters protect the property of the citizens of Chula Vista; and WHEREAS, fire fighters display selfless dedication to life safety; and WHEREAS, fire fighters and their families devote their time and talents to health and service agencies in our community; and WHEREAS, fire fighters have united to support the Burn Institute's services for those who have suffered the devastation of burn injuries: ~ NOW, THEREFORE, I, TIM NADER, Mayor of the City of Chula Vista, California, do hereby proclaim Monday, August 12, 1991, as "FIRE FIGHTER APPRECIATION DAY" in the City of Chula Vista, to enhance our citizen's awareness of the dedication of local fire fighters and their efforts to support the Burn Institute's programs and services for burn survivors. ;Datd tkis. 30tWtr'?I"- Julv 19~ ~or5tli(, Ct!f!f aNfa riSta '1b- 2 46, tiOll~ i71 tsta, Laafintia . PROCLAIMING AUGUST 12, 1991 AS "FIRE FIGHTER APPRECIATION DAY. IN THE CITY OF CHULA VISTA, CALIFORNIA WHEREAS, fire fighters respond each day to situations that require not only technical skill but also physical resourcefulness and personal couragel and WHEREAS, fire fighters protect the property of the citizens of Chula Vista; and WHEREAS, fire fighters display selfless dedication to life safety; and WHEREAS, fire fighters and their families devote their time and talents to health and service agencies in our community; and WHEREAS, fire fighters have united to support the Burn Institute's services for those who have suffered the devastation of burn injuries: NOW, THEREFORE, I, TIM NADER, Mayor of the City of Chula Vista, California, do hereby proclaim Monday, August 12, 1991, as -FIRE FIGHTER APPRECIATION DAY" in the City of Chula Vista, to enhance our citizen's awareness of the dedication of local fire fighters and their efforts to support the Burn Institute's programs and services for burn survivors. ,2)atd tkis JOttfty' !!f". Julv 19 -.!JJ. ...c-/7~__ ZllUJ'or!!f tlie Ciff!f aNfa rtsta August 2, 1991 SUBJECT: The Honorable Mayor and City Council John D. Goss, City Manager81 Council Meeting of August 6, 1991 TD: FROM: This will transmit the agenda and related materials for the regularly scheduled meeting of August 6, 1991. Comments regarding the Written Communications are as follows: 5a. IT IS RECOMMENDED THAT THE CLAIMS OF EARTH BUSTERS MATERIALS, INC. AND MRS. SARAH FRAZIER BE DENIED. 5b. This is a request for waiver of fees for a Conditional Use Permit and Environmental Study, requested by Abundant Life Counseling Centers, Inc. IT IS RECOMMENDED THAT THIS REQUEST BE REFERRED TO STAFF FOR FURTHER EVALUATION INASMUCH AS WE HAVE RECEIVED MULTIPLE REQUESTS FOR CONSIDERATION OF CUP WAIVERS FOR THIS SITE. 5c. This is a request from Bob Thomas, Vice Chairman of the Safety Commission for the provision of business cards for Boards and Commission members. Over the past six years or so, this issue has been raised several times. It has been Council's position that if a Commission so desires, standard business cards would be provided for each Board or Commission, with a blank space for the Commissioner's name. IT IS RECOMMENDED THAT THE PRESENT POLICY NOT BE ALTERED. JDG:mab/7 COUNCIL AGENDA STATEMENT Item 50- Meeting Date 8/6/91 ITEM TITLE: Claims Against the City SUBMITTED BY: Director of Personnel ~.~ (4/5ths Vote: Yes No~J REVIEWED BY: ci ty Manager,J4 ~ Claimant No.1: Earth Busters & Materials, Inc. c/o Sandra K. Brislin, Esq. Bandy & Koester 1633 E. 4th street, suite 184 Santa Ana, CA 92701 On April 12, 1990, Ms. Adeline Miller filed a Claim against the city for $10 million in connection with severe personal injuries she sus- tained when she was struck by a vehicle as she crossed the street near 30th street and L in the city of Chula vista. The claim was denied by the city Council on June 12, 1990 and the City is currently involved in litigation concerning this incident. On July 22, 1991, a Claim for indemnity was filed against the City of Chula vista by Earth Busters & Materials, Inc. in connection with the litigation brought by Ms. Miller. Due to questionable liability, it is the recommendation of the city's counsel, Daley & Heft, and Risk Management, that the Claim described above be denied. Claimant No.2: Ms. Sarah Frazier Law Offices of Samuel spital 1200 Third Avenue, suite 1524 San Diego, CA 92101 On June 21, 1991, a Claim was filed against the city of Chula vista by representatives of Ms. Sarah Frazier and an Amendment was filed on July 3, 1991, seeking damages within the jurisdiction of the Municipal Court. Ms. Frazier claims personal injuries were received in an accident involv- ing a Chula vista Transit bus on February 4, 1991. Form A-113 (Rev. 11/79) 50-- , Item SC)- Meeting Date 8/b/91 City bus service was provided contractually by American Transit Cor- poration at the time of this alleged incident. The agreement between American Transit Corporation and South Coast Organization operating Transit contains a hold harmless clause and provides for indemnification. Because the city has neither jurisdiction nor control over transit complaints, it is the recommendation of the City's claims adjustors, Carl Warren & Com- pany, and Risk Management staff, that this claim be denied. RECOMMENDATION: 1. Deny the Claim of Earth Busters Materials, Inc. 2. Deny the Claim and Amended Claim of Condor Carriage Company. J 5' G- -2.. Sb Abundant Life Counseling Centers~Ell11QEo 3 North Second Avenue, Chula Vista, Ca"9"rn~ ~lfllt:(\ :43 Fax: (619) 262-8958 ' IV Empowerment Through Educ~'cL~'~K' .. ," · ~ .) ,}, , ;\1" 17 JULY 1991, Ms. Beverly A. Authelet City Clerk City of Chula Vista, 276 Forth Avenue, Chula Vista CA. 91910 Dear Ms. Authelet Abundant Life Counseling Centers, Inc. is a Non Profit Public Benefit Corporation and is not organized for the privite gain of any person. Our proposed operating site is 3 Second Ave. Chula Vista CA. 91910. ALCC is in the process of applying for a Conditional Use premit and Environmental Study through the City of Chu1a Vista. As a Non Profit Organazation we would like to petition the city clerks office for a waiver of all associated deposits required to initiate said Conditional Use Premit and Environmental study. The principal officer for the transaction of the business of the Corporation is to be located in the County of San Diego. The name and address in the State of California of the Corporations intial agent for Service of process is Myrtle E. Smith, J.D., 3030 Suncrest Dr. #406, San Diego, CA. 92116. 11\.' \ . -~ '\".\{! ,:\ ) \\ \- \!. Uy.,\ \\',- :\~' ~'t \.) !"-il, ) \:\\. "'" \ \>'Y;"" :'\ \y i J \ W~;l~IDY ~~'~ C~D\fU'ti~U"'~d~A"~~(>>b"S 't' (';i. f/,-""';- \ ,,("n'.'/' "{,I" IL{ I,' I ':, ~ Abuudant Life COIll1Kling Centen, Inc. i. . nOD~ptofit public benofit corponnion whOM purpose w providinl empowerment throuJb. cdllc&tion, health, lIIld counseling_ Sb se. July 22, 1991 Councilman Jerry Rindone CITY OF CHULA VISTA 276 Fourth Avenue Chula Vista, California 91910 Dear Jerry: What would you say if this could happen: *BUILD AND INCREASE JOB SELF-ESTEEM *SHOW APPRECIATION *BE A CONSTANT PAT ON THE BACK (WE ALL NEED THIS) *BRING PRIDE TO YOUR JOB ALL FOR ~~~~,~ c<) ~~\{\.~\ ~JI'n~~"IT"~l',.'1' ~"=~~!~"~""rI"-ATION ~, I,'" L:!: . I.:." ,.. ,~'. ~' Y'~'" !:;1\ . ,', ~ ",,,-.' '.'J .!-:-~ 'iJ ~.;.,jj ~ U ~1!l't.I ~b1t)ig' fsiiv~~~1b. .... 5 5[-1 WHAT IS THIS AMAZING BREAKTHROUGH - BUSINESS CARDS - You have volunteers who spend hundreds and hundreds of hours of their personal time for the City - FREE - your Boards and Commissions. The City would be in a T.S. (tough situation) without these gracious people. The price of these cards is so small compared to the large gain. When you go into a store and talk to someone and ask for a business card the person gives you a blank one then asks for a pen to scribble their name - what do you think? *CHEAP STORE *TEMPORARY HELP *NEW EMPLOYER What I would ask from you is your suppol1 to eithcr allow the Boards/Commissions to handle this through their budgets and/or have the City fund the cards if the Boards/Commissions budget does not allow it. Keep in mind not all people will be interested in having cards. I would be willing to manage this project to make it hassle free for the City. Sinccrely. fa9~ BOB THOMAS Vice-Chairman Safety Conunission cc: Mayor City Council City Manager SC.-L The cost of printing business cards is approximately $25.00 per person. Following is a list of the City's Boards/Commissions/Committees that might elect to have cards printed: Board/Commission/Committee No. of Members J~ Bayfront Conservancy Trust 12 Board of Appeals 7 Board of Ethics 7 Charter Review Committee 7 Child Care Commission 9 Chula Vista 21 21 ~vil Service Commission 5 /~ Commiss ion on Aging 7 ~ltural Arts Commission 9 ~ ~ Des ign Review Committee 5 Economic Development Commission 8 Elderly & Handicapped Transportation Committee 5 Growth Management Oversight Committee 9 Housing Advisory Committee 8 Housing Element Committee 12 Human Relations Commission 7 International Friendship Commission 9 .1. ibrary Board 5 . Mobilehome Issues Committee 10 Montgomery Planning Committee 7 Otay Valley Road Project Area Committee 5 Parks & Recreation Commission 7 Planning Commission 7 Resource Conservation Commission 7 /Safety Commission 7 Southwest Project Area Committee 9 Town Centre Project Area Committee 8 U. N. Day Committee 13 Youth Commission ...2... Total 241 5c.- "3 CURRENT BLANK CARDS IN USE BY COMMISSIONS: ~{~ ~ ~~~~ ellY OF CHUlA VISTA PLANNING COMMISSIONER 276 FOURTH AVENUE CHULA VISTA, CA 92010 (619) 691-5101 CITY EMPLOYEE 1.0. CARDS: ~\~ :-JIt -. ~--~ ,,--- - ~ ~- CllY OF CHUlA VISTA EMPLOYEE IDENl'IFICATION CARD NO. J S AN EMPLOYEE I N THE CKPARTMENT ~M~~gYEE SIGNATURE CITY MANAGIi!;R DATE sc-1 council Agenda statement Item:~b.c..> cL. Meeting Date: August 6, 1991 Ordinance No. 2473: ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING SUBSECTION (A) "CRIMINAL PENALTIES" OF SECTION 9.20.050 "PENALTIES FOR VIOLATION OF CHAPTER" OF CHAPTER 9.20 "PROPERTY DEFACEMENT" OF THE CHULA VISTA MUNICIPAL CODE TO PROVIDE FOR AN ENFORCEMENT POLICY FOR WRONGFUL DISPLAY OF AEROSOL PAINT CONTAINERS AND FELT TIP MARKERS. ordin~~No. 2470 AMENDING VARIOUS SECTIONS OF c~~k' 9.20 OF THE MUNICIPAL CODE TO ALTER OR . ENHANCE THE CRIMINAL AND/OR CIVIL PENALTIES ASSOCIATED WITH GRAFFITI-RELATED VIOLATIONS (second reading) . rJ.\0~ .d:mance (E) No. 2471 AMENDING CHAPTER 9.20 BY ~~~O ~ENDING SECTION 9.20.035 (second reading). \'t--.\('J. ~'i'-~O ' o:r:~~~ (F) No. 2472 AMENDING CHAPTER 9.20 BY Co~O PS-.\~rNG THE TITLE TO SECTION 9.20.037 (second c,(. \,\0 RE{\OI\,\G reading) . ~.~ SECO " ,\,~ Submitted by: Bruce M. Boogaard, City Attorney \ ''')( Item Title: r;<'" o':;\\:> . S't.-C 4/5ths Vote: ( ) Yes (X) No At their meeting of July 16, 1991, the city Council adopted Ordinance No. 2464 which, among other things, created criminal liability for a merchant's wrongful display of "graffiti-abIes". At their meeting of July 23, 1991, the city Council directed the City Attorney to prepare an enforcement policy conditioned on providing general notice to the business community and specific notice of a violation, prior to commencement of criminal prosecution. Boards and commissions Recommendation: Although there hasn't been time for a review by the Graffiti graf22.wp July 30, 1991 Al13 re Penalties for Graffiti-Related Violations Page 1 ~-l Task Force, staff believes that the enforcement policy as presented would meet with their approval. Recommendation: Adopt the attached ordinance, establishing an enforcement policy which requires generalized notice of the enactment of the wrongful display provisions, specific notice of a violation, and 10 days to correct same, prior to the commencement of prosecution. Place the remaining ordinances on second reading. Discussion: The staff desires to use the criminal liability provision associated with wrongful display, not to prosecute our local merchants, but to encourage them to keep their spray cans and felt tip markers from public access. The attached enforcement policy is typical of the way the city Attorney approaches most all code violations, but its codification will serve to alleviate merchant concerns of possibly overzealous enforcement. No further discussion on the issue is deemed appropriate. Also attached for you second reading is Ordinance No. 2470 as amended; Ordinance (E) No. 2471; and Ordinance (F) No. 2472; to reflect the Council's direction at the meeting of July 23, 1991. Also attached as Exhibit A, for your permanent files, is chapter 9.20, "Property Defacement", as compiled to the current date to reflect and incorporate all changes made to the chapter to date, including Ordinance No. 2470, Ordinance E (2471) and Ordinance F (2472) and the proposed Ordinance 2473. Fiscal Impact: There will be some additional costs associated with the administration of the enforcement policy, which will include notification of the merchant community trading in spray cans and felt tip markers, and with second follow-up visits 10 days after notice is given for a specific violation, but the amount is currently incapable of calculation, and estimated to be negligble on an incremental basis, considering the cost of code enforcement in general. It will be paid out of current appropriations for code enforcement. graf22.wp July 30, 1991 Al13 re Penalties for Graffiti-Related Violations Page 2 b-2 S~COND ORDINANCE NO. 2470 R~ADING ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AND ADO CHULA VISTA AMENDING VARIOUS SECTIONS OF 'PIlON CHAPTER 9.20 OF THE MUNICIPAL CODE TO ALTER OR ENHANCE THE CRIMINAL AND/OR CIVIL PENALTIES ASSOCIATED WITH GRAFFITI-RELATED VIOLATIONS. THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY ORDAIN AS FOLLOWS: section 1. Subsection D is hereby added to section 9.20.020, Definitions, of Chapter 9.20, which subsection D shall read as follows: D. "Graffiti" includes any unauthorized inscription, word, figure, or design that is marked, etched, scratched, drawn, or painted on any structural component of any building, structure, or other facility, regardless of the nature of the material of that structural component. section 2. section 9.20.037, "Right of City to Remove" is hereby added to Chapter 9.20, which section shall read as follows: "9.20.037. Right of City to Remove. A. Graffiti as a Nuisance. The existence of graffiti within the City limits of the City of Chula vista is a public and private nuisance, and may be abated according to the provisions and procedures herein contained. B. Right of Entry on Private Property Provisions. 1. Securing Owner Consent. Prior to entering upon private property or property owned by a public entity other than the City, for the purpose of removal of graffiti, the City shall attempt to secure the consent of the property owner, and a release of the City from liability for private or public property or liability damage. 2. Failure to Obtain Owner Consent. If a Responsible Party fails to remove the offending Graffiti within the time herein specified, or if the city shall have requested consent to remove or paint over the offending Graffiti and the Responsible Party graf23.wp July 24, 1991 Graffiti Ordinance to Alter Criminal Consequences Page 1 Coo..-I shall have refused consent for entry on terms acceptable to the City consistent with the terms of this Section, the City shall commence Abatement and Cost Recovery Proceedings for the removal of the graffiti according to the following procedure. 3. Abatement and Cost Recovery Proceedings. A. Notice and Conduct of Due Process Hearing. The Director of Public Works ("Hearing Officer") shall give not less than 48 hours notice, served in the same manner as summons in a civil action in accordance with Article 3 (commencing with Section 415.10) of Chapter 4 of Title 5 of Part 2 of the Code of civil Procedure (If the owner of record, after diligent search cannot be found, the notice may be served by posting a copy thereof in a conspicuous place upon the property for a period of 10 days and publication thereof in a newspaper of general circulation published in the county in which the property is located pursuant to section 6062.) to the Responsible Party who is responsible for the maintenance of a parcel of property containing graffiti ("Property"), and, if a different person is the owner of record of the parcel of land or which the nuisance is maintained, based on the last equalized assessment roll or the supplemental roll, whichever is more current, then to said owner also, of a "due process" hearing at which said Responsible Party shall be entitled to present evidence and argue that his or her Property does not contain graffiti. The determination of the Hearing Officer after the "due process" hearing shall be final and not appealable. If, after the due process hearing, regardless of the attendance of the Responsible Party, or his agent, the Hearing Officer determines that the Property contains graffiti, the Hearing Officer shall give written notice ("Eradication Order") that, unless the graffiti is removed within 5 days thereafter, the City, or its designated agent, shall enter upon the Property, cause the removal, painting over (in such color as shall meet with the approval of the Public Works Director) or such other eradication thereof ("Eradication Effort") as the Public Works Director determines appropriate, and shall provide the Responsibility Party thereafter with an accounting of the costs of such Eradication Effort graf23.wp July 24, 1991 Graffiti Ordinance to Alter Criminal Consequences Page 2 lc c.-- 2.. on a "full cost recovery basis". B. Eradication Effort. Not sooner than the time specified in the Order of the Hearing Officer, the Public Works Director, or his designee, shall implement the Eradication Order, and shall provide an accounting to the Responsible Party of the costs thereof ("Eradication Accounting"). C. Cost Hearing. If the Responsible Party fails to request a hearing before the Hearing Officer on the Eradication Accounting ("Cost Hearing"), or if requested, and a Cost Hearing is conducted after extending due process to the Responsible Party, after such a Cost Hearing, the Hearing Officer determines that all or a portion of the Costs are appropriately chargeable to the Eradication Effort, the total amount set forth in the Eradication Accounting, or such amount thereof determined as appropriate by the Hearing Officer, ("Assessed Eradication charges") shall be due and payable by the Responsible Party within 30 days. The decision of the Hearinq Officer as to the proper amount of the Assessed Erradication Charqes shall be final unless the amount of same shall exceed $500. in which case. the decision shall be appealable to the citv Council. D. Lien. If all or any portion of the Assessed Eradication Charges remain unpaid after 30 days, pursuant to the authority created by law, including Government Codes section 38773, et seq., such portion thereof as shall remain unpaid shall constitute and is hereby declared to constitute a lien on the Property which was the subject matter of the Eradication Effort. The Director of Public Works shall present a Resolution of Lien to the City council, and upon passage and adoption thereof, shall cause a certified copy thereof to be recorded with the San Diego County Recorder's Office. section 3. section 9.20.050(B) of Chapter 9.20 is hereby amended to read as follows: "(B) civil Responsibility for Furnishing Minors. Any person who violates the provisions of Penal Code 594.1 (relating to the sale, giving, or furnishing of spray paint cans to minors), or who violates the provisions of section 9.20.040(A) (spray paint cans) or 9.20.045(A) (felt tip graf23.wp July 24, 1991 Graffiti Ordinance to Alter criminal Consequences Page 3 bo...-3 markers) shall be personally liable for any and all costs to any person incurred by said person in connection with the repair of any property caused by the aerosol paint container or felt tip marker, and for all attorney's fees and court costs incurred in connection with the civil prosecution of any claim for damages, not to exceed, in total, $10,000." section 4. Section 9.20.050 (C) of Chapter 9.20 is hereby amended to read as follows: " C. civil Responsibility for Damages for Wrongful Display. Any person who displays an aerosol spray container or felt tip marker in violation of the provisions of this Chapter shall be personally liable for any and all costs incurred by any party in connection with the repair of any property caused by a person who uses such aerosol spray container or felt tip marker in violation of the provisions of California Penal Code section 594, and for all attorney's fees and court costs incurred in connection with the civil prosecution of any claim for damages, not to exceed $1,500.00." section 5. section 9.20.050 (D) of Chapter 9.20 is hereby added to read as follows: D. civil Responsibility for Wrongful Storage. Any person who stores an aerosol spray container or felt tip marker in violation of the subparagraph 1 of this section shall be personally liable for any and all costs incurred by any party in connection with the repair of any property caused by a person who shall use such aerosol spray container or felt tip marker in violation of the provisions of California Penal Code section 594, and for all attorney's fees and court costs incurred in connection with the civil prosecution of any claim for damages, not to exceed $1,500.00. 1. Proper Storage of Aerosol Spray containers and Felt Tip Markers. Aerosol spray containers and felt tip markers shall be stored when not in use in either (1) a completely enclosed room which shall, at all times except during access or substantial occupancy by the owner or an authorized adult representative of the owner, remain securely locked; or (2) in a completely enclosed cabinet or other storage device which shall be permanently affixed to a building or building graf23.wp July 24, 1991 Graffiti Ordinance to Alter Criminal Consequences Page 4 ~-~ structure, and which shall, at all times except during access by the owner or an authorized adult representative of the owner, remain securely locked. For the purposes of this section, an owner or authorized representative of the owner, shall be deemed to have substantial occupancy of a room even during short periods of absence if the room is part of a larger structure which is occupied by the owner." section 6. 9.20.050 Chapter follows: Subsection (El is hereby added to section 9.20, which subsection (E) shall read as "(E) For the purposes of defining "a similar substance" with the city limits of the City of Chula Vista, as the term is used in civil Code section 1714.1 (b), insoluble ink of the type used in a felt t' marker shall be deemed to be a substance similar pairt. I Presented by: vedl~ 0 John Lippitt Bruce M. Booga Director of Public Works city Attorney graf23.wp July 24, 1991 Graffiti Ordinance to Alter Criminal Consequences Page 5 Ct,~- 5 Ordinance E SeCOND ORDINANCE NO. 2471 RCADING AND A ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DOP~ON CHULA VISTA AMENDING CHAPTER 9.20 BY AMENDING SECTION 9.20.035. THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY ORDAIN AS FOLLOWS: section 1. The section 9.20.035, "Permitting Graffiti to Remain" of Chapter 9.20, is hereby amended to read as follows: " 9.20.035 Permitting Graffiti to Remain: Criminal Liabilitv It is unlawful for any person who is the owner or who has primary responsibility for control of property or who has prlmary responsibility for the repair or maintenance of property ("Responsible Party") to permit property which is defaced with graffiti to remain so defaced for a period of seven (7) days after notice of same, unless lll-said person shall demonstrate by a preponderance of evidence that they do not have the financial or physical ability to remove the defacing graffiti, or ill it can be demonstrated that the Responsible Party has an active program for the removal of graffiti and has scheduled the removal of the graffiti as part of that program within 15 davs of the notice. in which case said araffiti shall be removed not later than 15 davs after said notice." Presented by: APpro;jed as t IJ-.. At. John Lippit Director of Public Works Bruce M. Boogaa d City Attorney graf32.wp graf32.wp July 30, 1991 Ord. E, Large Graffiti Attractors Time Limit Page 1 fob- , Ordinance F Sceo 'lVO RcA,O ~/\;G A,tvo A.OOp I/O/\; ORDINANCE NO. 2472 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING CHAPTER 9.20 BY AMENDING THE TITLE TO SECTION 9.20.037. THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY ORDAIN AS FOLLOWS: section 1. The title of Section 9.20.037, "Right of City to Remove", of Chapter 9.20, is hereby amended to read as follows: "9.20.037. Right of City to Remove: civil Remedv". No other changes, amendments or alterations are hereby made to said section. or~:p Presented by: John Lippit Director of Public Works Bruce M. Boogaa city Attorney graf31.wp ,,~ -I Chapter 9.20 PROPERTY DEFACEMENT Current to July 17, 1991 Meeting Marked for staff-Proposed Changes in Al13, July 23rd Meeting 9.20.010. Purpose and intent. It is the purpose and intent of the City Council of the City, through the adoption of this chapter, to provide additional enforcement tools to protect public and private property from acts of vandalism and defacement; especially, but not limited to, graffiti on privately and publicly owned walls, which are inimical and destructive of the rights and values of private property owners as well as the total community. It is further the intent of the city Council, through the adoption of this notice upon all of those who callously disregard the property rights of others, that the law enforcement agencies of the city, both the police department and the prosecutor's office, will strictly enforce the law and severely prosecute those persons engaging in the defacement of public and private properties. 9.20.020 Definitions. A. altering physical "Deface", as used in this Chapter, means the intentional by physical, mechanical or chemical means of the shape, dimension, contour or appearance of property. B. "Aerosol paint container" means any aerosol container, regardless of the material from which it made, which is adapted or made for the purpose of spraying paint or other substance capable of defacing property. (Ord. , Sec. 1, 1991) C. "Felt tip marker" means any indelible marker or similar implement with a tip which, at its broadest width is greater than one-eighth (lj8th) inch, containing an ink that is not water- soluble. (Ord. , Sec. 1, 1991) D. "Graffiti" includes anv unauthorized inscription. word. fiqure. or desiqn that is marked. etched. scratched. drawn. or painted on anv structural component of anv buildinq. structure. or other facilitv. reqardless of the nature of the material of that structural component. 9.20.030 Prohibition of defacement. It is unlawful for any person to intentionally deface, graf21a.wp July 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 1 E-r'H ,S/7 II "'~-2. alter, change, destroy, mutilate, remove, take down or take away any public property or any private property without the consent of the owner of such property or the public agency charged with the trusteeship of property. A mistake as to the private property owner's identity or lack or knowledge that such property is held by a public agency shall not be a defense to a violation of this section. 9.20.035 Permitting Graffiti to Remain It is unlawful for any person who is the owner or who has primary responsibility for control of property or who has primary responsibility for the repair or maintenance of property ("Responsible Party") to permit property which is defaced with graffiti to remain so defaced for a period of seven (7) days after notice of same, unless said person shall demonstrate by a preponderance of evidence that they do not have the financial or physical ability to remove the defacing graffiti, or unless it can be demonstrated that the Responsible Party has an active program for the removal of graffiti and has scheduled the removal of the graffiti as part of that program. 9.20.037. Riqht of citv to Remove. A. Graffiti as a Nuisance. The existence of qraffiti within the citv limits of the city of Chula vista is a public and private nuisance. and may be abated accordinq to the provisions and procedures herein contained. B. Riqht of Entry on Private Property Provisions. 1. Securinq Owner Consent. Prior to enterinq upon private property or property owned bY a public entity other than the city. for the purpose of removal of qraffiti. the city shall attempt to secure the consent of the property owner. and a release of the city from liability for private or public property or liability damaqe. 2. Failure to Obtain Owner Consent. If a Responsible Party fails to remove the offendinq Graffiti within the time herein specified. or if the city shall have requested consent to remove or paint over the offendinq Graffiti and the Responsible Party shall have refused consent for entry on terms acceptable to the city consistent with the terms of this section. the city shall commence Abatement and Cost Recovery Proceedinqs for the removal of the qraffiti accordinq to the followinq procedure. graf21a.wp July 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 2 ~c..-~ 3. Abatement and Cost Recoverv Proceedinqs. graf21a.wp July 30, 1991 A. Notice and Conduct of Due Process Hearinq. The Director of Public Works ("Hearinq Officer") shall qive not less than 48 hours notice. served in the same manner as summons in a civil action in accordance with Article 3 (commencinq with section 415.10) of Chapter 4 of Title 5 of Part 2 of the Code of civil Procedure (If the owner of record. after diliqent search cannot be found. the notice mav be served bv postinq a copy thereof in a conspicuous place upon the propertv for a period of 10 days and publication thereof in a newspaper of qeneral circulation published in the county in which the property is located pursuant to section 6062.) to the Responsible Party who is responsible for the maintenance of a parcel of property containinq qraffiti ("Property"). and. if a different person is the owner of record of the parcel of land or which the nuisance is maintained. based on the last equalized assessment roll or the supplemental roll. whichever is more current. then to said owner also. of a "due process" hearinq at which said Responsible Partv shall be entitled to present evidence and arque that his or her Property does not contain qraffiti. The determination of the Hearinq Officer after the "due process" hearinq shall be final and not appealable. If. after the due process hearinq. reqardless of the attendance of the Responsible Party. or his aqent. the Hearinq Officer determines that the Property contains qraffiti. the Hearinq Officer shall qive written notice ("Eradication Order") that. unless the qraffiti is removed within 5 days thereafter. the city. or its desiqnated aqent. shall enter upon the Property. cause the removal. paintinq over (in such color as shall meet with the approval of the Public Works Director) or such other eradication thereof ("Eradication Effort") as the Public Works Director determines appropriate. and shall provide the Responsibility Party thereafter with an accountinq of the costs of such Eradication Effort on a "full cost recovery basis". B. Eradication Effort. Not sooner than the time specified in the Order of the Hearinq Officer. the Public Works Director. or his desiqnee. shall implement the Eradication Order. and shall provide an accountinq to the Responsible Party of the Graffiti Chapter Current to July 17, 1991 Meeting Page 3 ~c. -(.j costs thereof ("Eradication Accountina"). C. Cost Hearina. If the Responsible Party fails to reauest a hearina before the Hearina Officer on the Eradication Accountina ("Cost Hearina"). or if reauested. and a Cost Hearina is conducted after extendina due process to the Responsible Party. after such a Cost Hearina. the Hearina Officer determines that all or a portion of the Costs are appropriate Iv charaeable to the Eradication Effort. the total amount set forth in the Eradication Accountina. or such amount thereof determined as appropriate bv the Hearina Officer. ("Assessed Eradication Charaes") shall be due and payable bv the Responsible Party within 30 days. D. Lien. If all or any portion of the Assessed Eradication Charaes remain unpaid after 30 days. pursuant to the authority created bv law. includina Government Codes section 38773. et sea.. such portion thereof as shall remain unpaid shall constitute and is herebY declared to constitute a lien on the Property which was the subiect matter of the Eradication Effort. The Director of Public Works shall present a Resolution of Lien to the city Council. and upon passaae and adoption thereof. shall cause a certified copy thereof to be recorded with the San Dieao County Recorder's Office. 9.20.040 Prohibition of sale, possession, display for purposes of sale, and storage of aerosol paint containers. A. Sale or Furnishing to Minors. It shall be unlawful for any person, other than a parent or legal guardian, to sell, exchange, give, loan, or otherwise furnish, or cause or permit to be sold, exchanged, given, loaned, or otherwise furnished, any aerosol paint container to any person under the age of eighteen years without the consent of the parent or other lawfully designated custodian of the person, which consent shall be given in person. B. Possession. It shall be unlawful for any person under the age of eighteen years to have in his or her possession any aerosol paint container while upon public property or upon private property without the consent of the owner of such private property whose consent shall be as to the person's presence while in the possession with a aerosol paint container. C. Display for the Purposes of Sale. No person, firm or entity engaged in a commercial enterprise ("Seller") shall graf21a.wp July 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 4 ~~-s display any aerosol paint container for sale, trade or exchange, nor shall store any aerosol paint container pending display for sale or pending sale, except in an area from which the public shall be securely precluded without employee assistance. Two such acceptable methods for displaying aerosol paint containers for sale shall be by containment in (1) a completely enclosed cabinet or other storage device which shall be permanently affixed to a building or building structure, and which shall, at all times except during access by authorized representatives, remain securely locked; or in an enclosed area behind a sales or service counter from which the pUblic is precluded from entry. 9.20.045. Prohibition of sale, possession and display of felt tip markers. A. Sale or Furnishing To Minors. It shall be unlawful for any person, other than a parent or other legal guardian, to sell, exchange, give, loan, or other furnish, or cause or permit to be sold, exchanged, given, loaned, or otherwise furnished, any felt tip marker to any person under the age of eighteen years without the consent of the parent or other lawfully designated custodian of the person, which consent shall be given in person. B. Possession by Minors. It shall be unlawful for any person under the age of eighteen years to have in his or her possession any felt tip marker while upon public property or upon private property without the consent of the owner of such private property, except while attending, or travelling to or from a school at which the person is enrolled, if the person is participating in a class at said school which has, as a written requirement of said class, the need to use felt tip markers. C. Display for the Purposes of Sale. No person, firm or entity engaged in a commercial enterprise ("Seller") shall display any felt tip marker for sale, trade or exchange, nor shall store any felt tip marker pending display for sale or pending sale, except in an area from which the pUblic shall be securely precluded without employee assistance. One such acceptable method for displaying felt tip markers for sale shall be in a completely enclosed cabinet or other storage device which shall be permanently affixed to a building or building structure, and which shall, at all times except during access by authorized representatives, remain securely locked. 9.20.050. Penalties for violation of chapter. A. Criminal Penalties. Any and all violations of this chapter shall be punishable either as an infraction or a mis- graf21a.wp JUly 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 5 to (!.- ~ demeanor, at the discretion of the city Attorney.' 1. Enforcement Policy as to Wrongful Display. Notwithstanding the foregoing, it shall be the policy of the city that the criminal prosecution of a violation of Subsection C, "Display for the Purposes of Sale" of section 9.20.040, "Prohibition of sale, possession, display for purposes of sale, and storage of aerosol paint containers", or Subsection C, "Display for the Purposes of Sale" of section 9.20.045, "Prohibition of sale, possession and display of felt tip markers" shall commence only after the following two events have occurred: (1) Notice of the enactment of the section 9.20.040(C) and/or 9.20.045(C) have been mailed to the violator; and (2) notice of a specific act of violation has been provided to the violator, and 10 days thereafter have elapsed without correction or remediation of the violation. Nothing herein in this enforcement policy shall operate to condition the right of the City to prosecute, or cause the prosecution, of a violation of this Chapter." B. raren~al ci7il Respensieili~y fer Damages. Any paren~ or e~her le~al ~uardian \.~o conaen~s ~o, permi~a, or e~her~iae ](ne'\dngly alle\:s her or his ehild under ~he age of eigh~een ~e pesseaa an aereoel paint eentainer or a felt tip marker shall ee persenally liaele for any ana all ees~s to any person ineurrea ey aRY ~arty in eeRRee~ieR ~ith the repair sf any preper~y eauaea 2Y oaia chila, and for all atterncyls fees and 08Hrt coots incurred in eenneetion with the ei7il preceeution of any claim fer damages. civil Responsibilitv for Furnishinq Minors. Anv person who violates the provisions of Penal Code 594.1 (relatinq to the sale. qivinq. or furnishinq of sprav paint cans to minors). or who violates the provisions of section 9.20.040(A) (sprav paint cans) or 9.20.045(A) (felt tip markers) shall be personallY liable for any and all costs to any person incurred by said person in connection with the repair of any property caused by the aerosol paint container or felt tip marker. and for all attorney's fees and court costs incurred in connection with the civil prosecution of any claim for damaqes. not to exceed. in totaL $10.000. " C. civil Responsibility for Damaqes Wronqful Display ef 8toraae. Any person who displays er store a an aerosol spray 1. This language is similar to Penal Code section 594 for graffiti vandalism. Damages for illegal sale or possession are not expected to be significant. graf21a.wp July 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 6 ~C!.- f container or felt tip marker in violation of the provisions of this Chapter shall be personallY liable for anv and all costs incurred bv anv partv in connection with the repair of anv property caused bY a person who uses such aerosol spray container or felt tip marker in violation of the provisions of California Penal Code Section 594. and for all attorney's fees and court costs incurred in connection with the civil prosecution of any claim for damaqes. not to exceed $1.500.00. D. civil Responsibility for Wronqful Storaqe. Any person who stores an aerosol spray container or felt tip marker in violation of the subparaqraph 1 of this section shall be personal Iv liable for any and all costs incurred bv any party in connection with the repair of anv property caused bv a person who shall use such aerosol spray container or felt tip marker in violation of the provisions of California Penal Code section 594. and for all attorney's fees and court costs incurred in connection with the civil prosecution of anY claim for damaqes. not to exceed $1.500.00. 1. Proper Storaqe of Aerosol Spray containers and Felt Tip Markers. Aerosol spray containers and felt tip markers shall be stored when not in use in either (ll a completely enclosed room which shall. at all times except durinq access or substantial occupancy bY the owner or an authorized adult representative of the owner. remain securelY locked: or (2l in a completelY enclosed cabinet or other storaqe device which shall be permanently affixed to a buildinq or buildinq structure. and which shall. at all times except durinq access bY the owner or an authorized adult representative of the owner. remain securely locked. For the purposes of this section. an owner or authorized representative of the owner. shall be deemed to have substantial occupancy of a room even durinq short periods of absence if the room is part of a larqer structure which is occupied by the owner." (El For the purposes of defininq "a similar substance" with the city limits of the city of Chula vista. as the term is used in civil Code section 1714.1 (bl. insoluable ink of the type used in a felt tip marker shall be deemed to be a substance similar to paint. Presented by: Approved as to form by: John Lippitt Bruce M. Boogaard graf21a.wp July 30, 1991 Graffiti Chapter Current to July 17, 1991 Meeting Page 7 ~~-~ ORDINANCE NO. 2473 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING SUBSECTION (A) "CRIMINAL PENALTIES" OF SECTION 9.20.050 "PENALTIES FOR VIOLATION OF CHAPTER" OF CHAPTER 9.20 "PROPERTY DEFACEMENT" OF THE CHULA VISTA MUNICIPAL CODE TO PROVIDE FOR AN ENFORCEMENT POLICY FOR WRONGFUL DISPLAY OF AEROSOL PAINT CONTAINERS AND FELT TIP MARKERS. WHEREAS, at their Council Meeting of July 16, 1991, the City Council introduced Ordinance No. 2464; and, WHEREAS, Ordinance No. 2464 contained a provision, Section I, imposing criminal liability on merchants for the "wrongful display" of aerosol paint containers and felt tip markers; and, WHEREAS, at their Council meeting of July 23, 1991, the City Council requested the City Attorney to bring back an enforcement policy that would provide for adequate notice, prior to commencement of criminal prosecution, to local merchants of the responsibility for containing aerosol paint containers and felt tip markers wi thin areas of their stores from which the public is precluded; and, WHEREAS, the purpose of this ordinance is to set forth such an enforcement policy; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Subsection A "Criminal Penalties" of Section 9.20.050 "Penalties for Violation of Chapter" of Chapter 9.20 "Property Defacement" is hereby amended to read as follows: " A. Criminal Penalties. Any and all violations of this chapter shall be punishable either as an infraction or a mis- demeanor, at the discretion of the City Attorney. I~ is fur ~hcr ul'lliers~eeel. ~ha~ fiHaHcial pareH~al rcspoHsil9ili~y for aHY acto of vandalism shall 1ge s~rie~ly caforceel..1 1. Enforcement policv as to Wronaful Displav. Notwithstandina the foreaoina. it shall be the policy of the citv that the criminal prosecution of a violation of Subsection C. "Displav for the Purposes of Sale" of Section 9.20.040. "Prohibition of sale. possession. displav for purposes of sale. and storaae of aerosol paint containers". or grafJ 5. wp July 30, 1991 Ordinance No. 2473 Page 1 Co d.- I Subsection C. "Displav for the Purposes of Sale" of section 9.20.045. "Prohibition of sale. possession and displav of felt tip markers" shall commence onlv after the followinq two events have occurred: (1) Notice of the enactment of the section 9.20.0401C) and/or 9.20.0451C) have been mailed to the violator: and (2) notice of a specific act of violation has been provided to the violator. and 10 davs thereafter have elapsed without correction or remediation of the violation. Nothinq herein in this enforcement policv shall operate to condition the riqht of the citv to prosecute. or cause the prosecution. of a violation of this Chapter." Presented by: ed a'lt.o f ruce M. Boogaard City Attorney :D John Lippitt Public Works Director graf35.wp Endnotes: 1. This is proposed for deletion because the City Council deleted, on staff's recommendation, our local parental civil responsibility provision, relying instead on State Law. graf35.wp July 3D, 1991 Ordinance No. 2473 Page 2 Cod-2 ORDINANCE NO. 2~~q ... ,.'C'.~...,S AN ORDINANCE OF THE CITY O!,.rCI'\'l,J.k'-VrSTA AMENDMENT TO THE CONTRACT .:oJ'l1h:'WEEN THE VISTA AND THE BOARD OF ADMINISTRATION EMPLOYEES' RETIREMENT SYSTEM ",,"1"\\ I."",,-I...J , ~Of\\O~\ :--\V AUTHORI ZING AN CITY OF CHULA OF THE PUBLIC The City Council of the City of Chula vista does ordain as follows: Section 1. That an amendment to the Contract between the City Council of the City of Chula vista and the Board of Administration, California Public Employees' Retirement system is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A", and by such reference made a part hereof as though herein set out in full. Section 2. The Mayor of the City Council of the City of Chula Vista is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency. Section 3. This ordinance shall take effect and be in full force on the thirtieth day from and after its adoption. Candy Boshell, Director of Personnel 9055a :JJ Presented by ity Attorney 7-1 COUNCIL AGENDA STATEMENT II.. '2. .., Cj Resolution accepting California Library Services Act Grant Funds for the purpose of providing family literacy services in Chula vista and appropriating these funds to amend the Fy 1991-92 budget. SUBMITTED BY: Library Director~ REVIEWED BY: City Manager..J(1IuO~1 ITEM ~ MEETING DATE 8-6-91 ITEM TITLE: (4/5ths Vote: Yes~No__) BACKGROUND: The State of California has recently approved the Chula vista Literacy Team's application for grant funds in the amount of $9,600 to provide family literacy services during Fy 1991-92 in cooperation with the Chula vista Elementary School District's Even Start program. In order to receive these funds council authorization is needed, recorded by certified resolution, approving this action. RECOMMENDATION: Adopt resolution. BOARD/COMMISSION RECOMMENDATION: The Library Board of Trustees voted to support the Family Literacy grant application at their June 26, 1991 meeting. DISCUSSION: The funds will be used to offer four special programs to be held at the Chula vista Public Library. These programs will de designed to welcome and orient adult learners and their families to the library. The adult learners will be participants in both the Even Start and Chula vista Literacy Team programs. In addition, a selection of quality childrens' literature will be purchased and distributed to family literacy program participants to build a small home library. FISCAL IMPACT: The city will receive $9,600.00 in grant funds to implement the family literacy program. ~-I RESOLUTION NO.~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING CALIFORNIA LIBRARY SERVICES ACT GRANT FUNDS FOR THE PURPOSE OF PROVIDING FAMILY LITERACY SERVICES IN CHULA VISTA AND APPROPRIATING FUNDS TO AMENDED THE FY 1991-92 BUDGET The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the State of California has recently approved the Chula Vista Literacy Team I s application for grant funds in the amount of $9,600 to provide family Ii teracy services dur ing FY 1991-92 in cooperation with the Chula Vista Elementary School District's Even Start Program; and WHEREAS, in order authorization is needed, approving this action. to receive recorded by these funds Counci 1 certified resolution the City Services literacy NOW, THEREFORE, BE IT RESOLVED that the City Council of of Chula Vista does hereby accept the California Library Act Grant Funds for the purpose of providing family services in Chula Vista. BE IT FURTHER RESOLVED that the appropropr ia ted from the unappropr ia ted Fund to amend the FY 1991-92 budget. sum of $9,600 is hereby balance of the General Presented by form by Rosemary Lane, Library Director 9130a Attorney ~-l. COUNCIL AGENDA STATEMENT Item q Meeting Date 8/6/91 Resolution 1<D'l.~O Accepting bids and awarding contract for upgrade of existing telephone system SUBMITTED BY: Director of Finance;(~ REVIEWED BY: City Managerj~ ~~\ ITEM TITLE: (4/5ths Vote: Yes___No~) Bids were received and opened at 2:00 p.m. on July 15, 1991, for the upgrade of the exi st i ng telephone system. The current confi gurat i on is at capacity and needs to be upgraded to accommodate new telephones . Thi s upgrade wi 11 consist of additional hardware and software. RECOMMENDATION: That Council accept the bids and award the contract to NEC Business Communications Systems (West) Inc. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Five vendors were mailed bid proposal forms with three submitting the following bids: Bidder Amount NEC Business Communications Systems (West) Inc., San Diego Com-Aid, San Diego Atel Communications, San Diego $25,372.15 25,568.06 26,651.81 The low bid of NEC Business Communication Systems (West) Inc. meets specifications and is acceptable to the Information Systems Division. The project will be completed in 30 days. FISCAL IMPACT: Funds are provided for in the Capital Improvement Program fund. WPC 0291U q-I COUNCIL AGENDA STATEMENT Item I 0 Meeting Date 8/6/91 ITEM TITLE: Resolution \ lo '2..1j/ I Extending Contractual Agreement with South Bay Community Services to provide Youth Counseling, Community Outreach and Graffiti Eradication /. SUBMITTED BY: Chief of po~LJ REVIEWED BY: City Manage~ ~6~ (4/5ths Vote Yes_No XX) Since FY 1985-86, the City has contracted with South Bay community Services to provide juvenile services. This contract is recommended to be extended through FY 1991-92 and will include funds for the Youth Counseling, The Runaway and Homeless Program and the Graffiti Eradication Program. RECOMMENDATION: That Council adopt the Resolution BOARDS/COMMISSIONS RECOMMENDATION: Not Applicable DISCUSSION: South Bay community Services (SBCS) and the Juvenile Bureau of the Police Department have worked together for several years providing a variety of services for juveniles and their families. In fiscal year 1991-92 the contract with SBCS will provide the following programs: 1) A full time Counselor who will work with juveniles who have been contacted by police officers after being involved in delinquent behavior. This Counselor supervises a second SBCS Counselor who is assigned to our Juvenile Bureau at no cost to the city, the salary being paid by a State grant obtained by SBCS. 2) A full time Community Service Coordinator who manages the Graffiti Eradication Program which includes scheduling the eradication sites, assigning youths to perform the painting and supervising these groups. This individual will also give talks to parents educating them in reference to gang activity and gang culture. 10-\ Page 2, Item \0 Meeting Date 8/6/91 3) A half-time outreach worker who makes contact with homeless and runaway juveniles throughout the community. After establishing communications with these young people they are offered emergency shelter, medical and job referrals, foster care and the 24-hour counseling hot line number. Many of them have been reunited with their families as a direct result of this program. FISCAL IMPACT: $71,384 is budgeted in fund 100, Account 1050-5201 WJW/amh GRAFFITI 10-2. RESOLUTION NO. '10 '2. ~ I RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA EXTENDING CONTRACTUAL AGREEMENT WITH SOUTH BAY COMMUNITY SERVICES TO PROVIDE YOUTH COUNSELING, COMMUNITY OUTREACH AND GRAFFITI ERADICATION The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, since FY 1985-86, the City has contracted with South Bay Community Services to provide juvenile services; and WHEREAS, it is recommended that this contract be extended through FY 1991-92; and WHEREAS, said contract will include funds for the Youth Counseling, The Runaway and Homeless Program and the Graffiti Eradication Program. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby extend contractual agreement with South Bay Community Services to provide Youth Counseling, Community Outreach and Graffiti Eradication. Presented by il'1' 0 Bruce M. Boog form by William J. Winters, Chief of Police 9122a J) d, City Attorney 10-3 COUNCIL AGENDA STATEMENT Item II ITEM TITLE: Meeting Date 8/6/91 Resolution 1(., ,ljt2. Amending a lease agreement with Hubert A. Chri stensen and Margaret Scott Bl air for 6,300 square foot building at 311 F Street, Chula Vista, CA, and authorizing Mayor to execute same Director of Parks and Recreation~~ City Manage~~~ (4/5ths Vote: Yes___No-x-) SUBMITTED BY: REVIEWED BY: At its September 26, 1989 meeting, Council approved a 1 ease agreement wi th Hubert A. Christensen and Margaret Scott Blair for the 6,300 square foot building at 311 F Street. The building has been used for recreational activities for seniors during the renovation of Norman Park Center. RECOMMENDATION: That Council adopt resolution approving the amended lease agreement and authorize Mayor to sign on behalf of the City Council. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: In order to provide space for the recreational activities held at Norman Park Center during the facility's renovation, it was necessary to lease other space so that the Center could be completely closed during its renovation. A lease was approved for a 6,300 square foot building to accommodate the recreational needs. The basic term of the lease was for one year, commencing October 1, 1989, and end i ng on the 30th day of September 1990. The Ci ty also had four 90-day options to renew the lease, giving the City a total potential lease period of two years. The lease now expires September 30, 1991. . With the City in its 1 ast 90-day opt ion, the 1 ease is proposed to be amended to extend through January 31, 1992. Any period thereafter will be considered a month-to-month tenancy. The lease payments will continue to be $5,995 per month. This calculates out to be approximately 93 cents per square foot per month. As of th is date, frami ng has been completed on Norman Park Center and work wi 11 now begi n on the i nsta 11 at i on of the roof and wall s. The construction project is on schedule with the anticipated completion date set for December 1991. The Center should be operational by mid-January. FISCAL IMPACT: Total rental payments for the term of the amended agreement (4 months) wi 11 be $23,980. Funds are avail abl e and appropri ated for thi s purpose in the 1991-92 Capital Improvement Budget. WPC 1685R \I-I RESOLUTION NO. 1<0 L iii 1- RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING FIRST AMENDMENT TO LEASE BETWEEN THE CITY OF CHULA VISTA AND HUBERT A. CHRISTENSEN AND MARGARET SCOTT BLAIR FOR 6,300 SQUARE FOOT BUILDING AT 311 F STREET, CHULA VISTA, CALIFORNIA AND AUTHORIZING THE MAYOR TO EXECUTE SAME The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, at its September 26, 1989 approved a lease agreement with Hubert A. Margaret Scott Blair for the 6,300 square foot Street; and meeting, Council Christensen and building at 311 F WHEREAS, said building activities for seniors during Center; and has the been used for renovation of recreational Norman Park WHEREAS, the basic term of the lease was for one year, commencing October 1, 1989, and ending on the 30th day of September 1990 with the City having four 90-day options to renew the lease, giving the City a total potential lease period of two years; and WHEREAS, the lease now expires September 30, 1991 and with the City in its last 90-day option, the lease is proposed to be amended to extend through January 31, 1992. NOW, THEREFORE, BE IT RESOLVED that the Ci ty of Chula Vista does hereby approve to Lease Agreement between the City of Chula Christensen and Margaret Scott Blair for building at 311 F street, a copy of which office of the City Clerk. the City Council of the First Amendment vista and Hubert A. 6,300 square foot is on file in the BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized and directed to execute said First Amendment for and on behalf of the City of Chula Vista. Presented by Approved as form by ^ ---D Jess Valenzuela, Director of Parks and Recreation 9l20a Bruce M. Boogaa d, Clty Attorney 11-2 FIRST AMENDMENT TO LEASE BETWEEN THE CITY OF CHULA VISTA AND HUBERT A. CHRISTENSEN AND MARGARET SCOTT-BLAIR, OWNERS OF 311 F STREET, CHULA VISTA, CA. This First Amendment to Lease made and executed, this day of July, 1991 between Hubert A. Christensen and Margaret Scott-Blair, owners (Christensen, Scott-Blair properties) 376 Center street, #350, Chula Vista, California 91910, hereinafter designated the Lessor, and The City of Chula Vista, a municipal corporation, hereinafter designated the Lessee. WIT N E SSE T H : WHEREAS, the parties lease for the above-referenced September 30, 1991, and have previously premises for entered a period into a ending WHEREAS, the parties mutually desire to extend said lease for an additional four-month period. NOW, THEREFORE, the parties agree as follows: 1. That the paragraph preceding "FIRST" is amended to read as follows: The property is to used by Lessee for recreational activities presently held at Norman Park Center and/or office purposes and/or sublease to the County of San Diego for governmental purposes, from the first of October, 1989 and ending on the 31st day of January, 1992. Any holding over by Lessee thereafter shall be considered a month-to-month tenancy for all purposes. 2. paragraph "FIFTH" of the original agreement is amended to read: FIFTH: repaired by the building must be same condition as "lease ready" for Any major renovation to the interior must be Lessee upon termination of this lease. This returned to the Lessors in substantially the it is at acceptance of the lease and it must be the next tenant. Notwithstanding the above, Lessee shall have the right to remove the partitions in the front part of the building wi thout replacing them. Lessee may remove the carpet. Lessee may install a ramp at the front entrance to make it accessible to wheel chairs. 3. All other terms and condi tions not amended by this First Amendment shall remain in full force and effect. -1- \ \ - 2> Executed this California. day of August, 1991 at Chula Vista, Mayor of the city of Chula Vista LESSOR: ~~~~o--- u ert . Chr1stensen - LESSEE: THE CITY OF CHULA VISTA Attest City Clerk /)-., -,.' /'-- ~ i~ ~ P . J",. c.-,'"\. .c:. ~ ~. t...? (" .~ I r , ; Marganet Scott-Bla1r Approved as to form by L~~ ~~'City Attorney 9066a ") /'1",/1/ , -2- \ I-~ COUNCIL AGENDA STATEMENT Item \ 'l.. SUBMITTED BY: Meeting Date 8-6-91 Reso 1 ut ion H... 'l. <it~ Orderi ng certain open space and maintenance facilities to be maintained and levying the assessment for Fiscal Y~ar 19 1-92 for Open Space District No. 18 Director of Public Works () Director of Parks and Recreatio~ City Manage~ ~~ (4j5ths Vote: Yes___No-X-) Council referral number 2352 In accordance with the City Municipal Code Section 17.07, the City Engineer had reports prepared on the spread of assessments for the open space districts. The reports were accepted in June, 1991 and the required publ ic hearing was held on July 9, 1991. At that meeting Council directed staff to meet wi th the property owners of Open Space Di stri ct No. 18 and return to Council on August 6, 1991. Council also directed staff to review the contracts and maintenance of Open Space District Nos. 7, 11 and 18. ITEM TITLE: REVIEWED BY: RECOMMENDATION: That Council adopt the resolution. DISCUSSION: On July 9, 1991, at the public hearing regarding the levying of assessments for the maintenance of landscaping for Open Space Districts, Council deferred the levying of assessment for Open Space District No. 18, Sunbow subdivision, pending a staff meeting with the residents of that district to address the concerns they raised before Council. On July 17, 1991, staff which included the Di rector of Parks and Recreat ion, the Open Space Coordi nator, the Open Space Inspector, and the Assessment Engineer, met with a group of seven homeowners who represented the homeowners of Di stri ct 18. These homeowners were: Name Address Ms. Teresa Walker Mr. & Mrs. Ernie & Zenie Parrish Mr. Ceasar Lopez Mr. & Mrs. George & Liz Sanchez Mr. Larry Laughery 1188 Sundown Lane 694 Rainbow Drive 1156 Sunbow Lane 552 Sunburst Lane 1164 Sundown Lane During the 2 1/4 hour meeting an agenda which addressed the concerns brought before Council, specifically, the District's budget, reserve requirement, assessment, utility billings, landscape maintenance contract performance, and site specific maintenance concerns were addressed and discussed by staff. Di stri ct budgets were provi ded and exp 1 a i ned to all attendees as well as the budget formation process and how the budget figures are arrived at. In reviewing the line item budget, the homeowners requested to el iminate the \'2-\ Page 2, Item \"2- Meeting Date 8-6-91 multiple changes of "seasonal color" at the monument areas at Telegraph Canyon Road, Med i ca 1 Center Dri ve and East Naples Street and that perenni alp 1 ants not requiring seasonal changes be installed instead. This change resulted in a decrease of $6,763 in the district's object account 568-5680-5298, lowerinQ the entire district's budget to $116,310 compared to $123,070 as previously submitted and approved by Council. Based upon this change in the district's budget, as well as newly updated data which affected the district's FY 90-91 fund balance (primarily savings accrued in the Utilities and City Staff Servi ces accounts), Engi neeri ng staff has revi sed the recommended assessment to $285.94 per EDU (equivalent dwelling unit), thereby lowering the assessment of $321.44 previously submitted to Council. (See exhibits A and B.) These changes met with the approval of the homeowner representatives. Furthermore, to clarify misunderstandings about performance obligations of the 1 andscape mai ntenance contract for Di stri ct 18 staff detail ed the di fferent codes or levels of landscape maintenance required for specific types and levels of landscaping as specified in the City's contract document. It was exp 1 a i ned that the 1 eve 1 s of maintenance requi red in the contract correspond to the type of landscape involved. This can vary from ornamental entry monument areas with formally manicured seasonal "color" flower areas, to turf and decorat i ve parkways, to mass eros i on control plant i ngs for slope stabilization, to undisturbed native slopes which are habitat-and-ecosystem preservat i on areas not requi ri ng the "weedi ng" that 1 andscaped and irrigated areas may require. Of particular note was the significance of explaining to the homeowners that the mass erosion control slope plantings are designed and planned to "naturalize". For example, the initial "nurse" or "cover" crop consisting primarily of hydrophilic, shallow rooted, quick growing and germinating flower crops such as gazanias, experience a life span of only a few seasons, eventually making way for the "cl imax community" crop consisting of drought tolerant species largely composed of native, deep rooting, slow growing shrubs which provide the permanent erosion control and slope stabilization with minimum water consumption. It is during this transition from the initial "nurse" crop to the "climax community" (largely composed of natives) that mi sunderstandi ng occurs. Typi ca 1 concerns are that i rri gat i on is 1 esseni ng and that weeds are taking over whereas in fact the irrigation program is purposely being weaned during this period for the end-crop, composed of immature natives which are easily confused for weeds. Following the discussion of intentionally planned, successional plant communities, it was the conclusion of the homeowners that the existing landscape maintenance contractor was providing performance satisfactory to the specifications of the contract and that the level of service had been improving. The homeowners expressed no objections to the renewal of the existing contract in 1 ight of the fact that when this District was last bid, the next lowest bid was over $15,000 more than the existing contract and that the original developer paid twofold the existing contract for the maintenance of the same area. , 2. - '2.. Page 3, Item I ~ Meeting Date 8-6-91 Finally, staff addressed the concerns of Mr. and Mrs. Sanchez of 552 Sunburst Lane. As Council may recall, the Sanchezes were incorrectly under the assumption that a portion of land on the western border of their lot was dedicated City Open Space which would require landscaping and irrigation. Staff explained to the Sanchezes that this area was actually parkway within the street right-of-way and it was not intended to be maintained by the District. The Sanchezes informed staff that it was their intention to pursue their goal of landscaping and irrigation this area with the original developer. At the concl us i on of the meeting, Ms. Walker i ndi cated that she woul d bri ng this information to the homeowners of her district. The following week, staff contacted Ms. Walker and she i ndi cated that she had rel ayed thi s i nformat i on to all concerned part i es of her Di stri ct and that everyone seemed sat i sfi ed. On this basis, staff recommends approving the levy of assessments ($285.94/edu to include a 45% reserve) for Open Space District No. 18. Contracts and maintenance of Open Space District Nos. 7 and 11 will be addressed separately by the Parks and Recreation Department. District 18 was addressed at thi s meet i ng because the 1 evy of assessments had been deferred and staff has an August lOth deadl ine to get the assessment roll to the County. Staff has notified all property owners within Open Space District No. 18 of tonight's meeting. FISCAL IMPACT: None to the City. All costs associated with Open Space Districts are paid by those within the District. DDS: OS 001 WPC 5713E IL-~ EXHIBIT A PART B--ESTIMATE OF COST AND NET ASSESSMENT OPEN SPACE DISTRICT NO. 18 (MODIFIED 8-6-91) CONTRACTUAL SERVICES $ 68,970 CITY STAFF SERVICES 13,380 UTILITIES 30,990 LANDSCAPE SUPPLIES 990 MATERIALS TO MAINTAIN BLDGS, STRUCTURES, GRDS 1.980 ESTIMATED MAINTENANCE COST $ 116,310 RESERVE REQUIREMENT (45%) 52,340 LESS BALANCE AVAILABLE FROM PREVIOUS FISCAL YEAR 57.834 NET ASSESSMENT $ 110,816 RESIDENTIAL ASSESSMENT = $110,816/ 387.55 = $285.94 WPC 5713E 12.-Y EXHIBIT B J'AET c: M;SE~;SMENT ROLL (MODIFIED tH" -:jl) OPEN SPACE DISTRICT NO_ 1f\ 19~J1/92 ASc;ESSMENT PEE UNIT - 640-070 <30) 640-07040 640-251-01 to 53 640- 252--01 to 40 640-252-44 to 59 640-260-01 to 29 640-260-31 to 71 C40--260-74 G40-271-01 t.o 56 640-272-01 to 49 12-5 28t,.94 100.00 :~. 55 53.00 40.00 lEi.OO 2:J.00 41. 00 1.00 56.nO 49.00 387.55 ~~8, f)94 . UO 729. 16 15,154.82 11 ,437.60 4,575.04 8,292.26 11, 723.54 285.94 16,012.64 14,011.06 nO,81C.06 RESOLUTION NO. '~2~3> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ORDERING CERTAIN OPEN SPACE AND MAINTENANCE FACILITIES TO BE MAINTAINED AND LEVYING ASSESSMENT FOR FISCAL YEAR 1991-92 FOR OPEN SPACE DISTRICT NO. 18 The City Council of the City of Chu1a Vista does hereby resolve as follows: WHEREAS, in accordance with the Chula Vista Municipal Code Chapter 17.07, the City Engineer has prepared a report on the spread of assessments for the open space districts; and WHEREAS, the reports were accepted in June, 1991 and the required public hearing was held on July 9, 1991; and WHEREAS, at that meeting Council directed staff to meet with the property owners of Open Space District No. 18 and return to Council on August 6, 1991; and WHEREAS, on July 17, 1991, staff which included the Director of Parks and Recreation, the Open Space Coordinator, the Open Space Inspector and the Assessment Engineer, met with a group of seven homeowners of District 18; and WHEREAS, during said meeting, the concerns of the homeowners regarding the District I s budget, reserve requirement, assessment, utility billings, landscape maintenance contract performance and site specific maintenance were addressed and discussed by staff; and WHEREAS, to recommends approving include a 45% reserve) the homeowners' satisfaction, staff the levy of assessments ($285.94/edu to for Open Space District No. 18. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby order certain open space and maintenance facilities to be maintained and levying the assessment for Fiscal Year 1991-92 for Open Space District No. 18 as set forth hereinabove. Presented by Approved as orm by John P. Lippitt Director of Public Works ~~ Bruce M. Boogaar City Attorney 9131a 1'2.-~ ~ ~ COUNCIL AGENDA STATEMENT ITEM TITLE: a) Item Meeting Date 7/9/91 Ordinance Amending Sections 17.07.010, 17.07.030 and 17.07.040 of the Chula Vista Municipal Code relating to open space districts and declaring the urgency thereof b) Public Hearing: City Open Space and Maintenance Districts for Fiscal Year 1991-92 c) Resolution Ordering certain open space and maintenance facilities to be maintain~d and levying assessment for Fiscal Year 1991-92 for Open Space District No. 11 d) Resolution: Ordering certain open space and maintenance facilities to be maintained and levying assessment for fiscal Year 1991-92 for Open Space "District Nos. 1-2, 4-6, 9, lQ, 14, IS, 17, 18, EastLake Maintenance District No.1 and Town Centre I Landscaping District e) Resolution Ordering certain open space and maintenance facilities to be maintained and levying assessment for Fiscal Year 1991-92 for Open Space District Nos. 3, 7, 8 and 20 and Bay Boulevard Lands~a~ng Districts SUBMITTED BY: Director of Public Works~~ Director of Parks and Re~~tion REVIEWED BY: City Manager (4/5ths Vote: Yes-x--No___) In accordance with the City Municipal Code Section 17.07, the City Engineer prepared reports on the spread of assessments for the open space districts. The reports were accepted and the required public hearing was set by Council at its meeting of June 18, 1991. An emergency ordinance is presented tonight to modify the City Municipal Code to allow the City to maintain an additional 50% contingency reserve. REcottIENDATlON: Staff reconunends that Council adopt the emergency ordinance and approve the resolutions levying said assessments for Fiscal Year 1991-92. If the emergency ordinance is not approved, staff reconunends that the resolution to levy assessments for Open Space District Nos. 3, 7, 8 and 20 and Bay Boulevard Landscaping District not be approved at this time. In sucn case, staff will return to Council with the assessments lowered pursuant to the requirements of our current Municipal Code. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. 1'2-l DISCUSSION: Page 2. Item Meeting Date 7/9/91 On June 18, 1991, the City Council approved the reports for the City Open Space and Maintenance Districts prepared by the City Engineer or under his direction and set July 9, 1991, as the date for the public hearin9. The reports cover the following districts: 1. Open Space District Nos. I-II, It, IS, 17 and 18 2. Rancho Del Rey Open Space Distri( t No. 20 3. EastLake Maintenance District No. 1 4. Bay Boulevard and Town Centre 1 Landscaping Districts. The proposed individual as~ssments for Fiscal Year 1991-92 as they compare to last year are shown below: Table 1 FY91-92 AssessmenillD.ll ~ 1 2 3 4 5 6 7' 8. 9 10 11 . 14 ., 15 17 18 - 20 EastLake Maint. Dist. Bay Blvd. Town Centre $ 54.87 35.90 357.66 213.80 260.74 136.44 98.36 (2) 456.02 96.72 131.48 86.18 369.38 229.20 154.58 (3)(4)(5) 321.44 (3)- 140.58 (2) &;n- ?? l 1189.00 (1)(2) 41.98 (1)(3) FY 90-91 Assessment/EDll ,; Increase or Decrease $ 47.52 30.58 383.40 270.74 344.02 121.56 106.20 450.92 81.82 62.22 40.12 361.88 209.56 o 187.38 296.41 6.33 1,339.20 43.40 +15% +17% -7% -21% -24% +12% -7% +1% +18% +111% +115% . +2% +9% New +72%, -53% -+3e%.I? 7v -11% -3% (1) Per benefit unit (2) As proposed, reserve exceeds 50% (3) Assessments lowered per revised budgets approved 6-18-91 (4) Assessment lowered due to reserve adjustment (5) Noticed by mail that proposed assessment is $189.14 These assessments are based on the budget approved by Council on June 18, 1991. Open Space District No. 18 and Town Centre assessments have been adjusted ,downward to reflect the approved budget. District 18's proposed assessment is $321.44/EDU compared to $380.44/EDU proposed at the last meeting. This is due to a revision in the utility cost outlined in the ~<it , ~ Page 3, Item Meeting Date 7/9/91 budget. Town Centre's proposed assessment is i41.98/benefit unit compareJ to $5I.98/benefit unit proposed at the last meeting. This is due to a revision in the estimated fund balance caused by an anticipated $10,000 cost savin3 on steam cleaning of sidewalks. See attached Exhibits A and B for IIOdifications. Also, for a discussion of the changes in the proposed annual assessments compared to Fiscal Year 1990/91's assessments, see tl)e attached Council Report on June 18, 1991. Additionally, District 17's assessment is propo;ed to be lowered from $18~.14 as indicated at the June 18, 1991 meeting to $126.10. Staff inadvertE.ltly proposed a 50 percent re.serve for the first year of maintenance and now recOl11lll!nds adjusting that to zero percent. Assessing the property owners at the annual cost only is appropriate because staff does not have a definite date for the turnover of this district to the City. If a turnover occurs in August or September, the savings accrued for those months will provlde about a 10 percent reserve (see Exhibit C for modifications). At 'the June 18, 1991, Council meeting, Council directed staff to notify by mail property owners within Open Space Oistricts 4 and 18 and all property owners within Open Space Districts where the proposed annual assessment is increasing by 50% or $50 as compared to Fiscal Year 1990/91's assessment, of the public hearing. Staff notified the property owners of Districts 4,10, 11, 17 and 18 of the public hearing. All but District 4's assessments are proposed to increase. At the June 8, 1991 property owner meeting Mrs. Martel of Open Space District 5 inquired about alternatives to the existing open space maintenance program. She subsequently presented a proposal to the City whereby Open Space Districts 5 and 9 be combined. Staff, through the Parks and Recreation Department, has received a referral on this but action cannot be accomplished prior to levying the assessments for Fiscal Year 1991-92. Staff anticipates returning to Council with a report analyzing the possibility of combining districts. If action . is recommended at that time, staff would proceed with the recommendation and it is anticipated that any action would be completed prior to approving the open space budgets and assessments for Fiscal Year 1992-93. In conjunction with tonight's action on the levy of assessments, staff recommends that the City Municipal Code, Sections 17.07.010, 17.07.030, and 17.07.040, be amended to allow the City to maintain a contingency reserve of up to an additional 50 percent of the proposed fiscal year's budget. The current 50 percent reserve is for the purpose of cash flow to cover the first six month's expenses before receipt of tax income. The additional reserve amount capability is to: 1) allow the accumulation of funds for special, aperiodic maintenance items that happen less frequently than annually; 2) allow more uniform assessments in new districts where both open space to be maintained and new homes come on over several years which would otherwise cause the assessments to vary greatly until the entire district is built out; and 3) to stabilize assessments from year to year due to variations in actual expenditures and revenue received. It is not staff's intention to accumulate larger reserves in this later case, but only to minimize additional amounts as I 2. -9 " - ""'"C"_"~ .P ~"'-'::'"'!--'-"" - Page 4. Item Meeting Date 7/9/91 necessary to smooth out peaks and valleys in the budgeting and assessment process. Without this ordinance we cannot accumulate additional funds beyond the fiscal year's proposed budget and cash flow reserve. If we cannot plan for and accumulate a reserve for anticipated aperiodic maintenance items, such as cleaning storm drain desl1ting basins, the fiscal year in which that maintenance needs to be done would have a significantly higher assessment than other years. The reasons for such urgency are that the annual levy of assessments for open space districts must be imposed by AUlust 10 and there is insufficient time for an ordinance enacted in the n"rmal course to be effective by that date. Our current Code allows the City to maintain a reserve of 50% of the next year's operating budget to.provide necessary cash flow for operations for the first six months of each. fiscal year. The proposed modification is in addition to this 50% reserve. Attached to this Co~ncil report is the proposed ordinance for your reference (see Exhibit D). The proposed ordinance change is not required to Le publicly noticed. Staff did address the issue in the June 18 report in order to have the item considered by Councl1 and allow notice to the public through the posting of the agenda and televising of the meeting. Two property owners inquired about it. One property owner only supported an additional 10% contingency reserve, not 50% and another opposed the proposal altogether. FISCAL IMPACT: None to the City. DDS:fP/OS-001 WPC 5677E 1'2..-10 EXHIBIT A PART B--ESTIMATE OF COST AND NET ASSESSMENT OPEN SPACE DISTRICT NO. 18 (MODIFIED) roNTRACTUAL SERVICES CITY STAFF SERVICES UTILITIES IlINDSCAPE SUPPLIES MATERIALS TO MAINTAIN BLDGS. STRUCTURE, GRDS $ 75730 13380 30990 990 1980 ESTIMATED MAINTENANCE roST $ 123070 RESERVE REQUIREMENT (30%) LESS BAIlINCE AVAILABLE FROM PREVIOUS FISCAL YEAR 36921 354i7 NET ASSESSMENT $ 124574 11.- \ I . PART C: ASSESSMENT ROLL (MODIFIED) OPEN SPACE DISTRICT NO. 18 1991/92 ASSESSMENT PER UNIT = 640-070-39 640-070-40 640-251-01 to 53 640-252-01 to 40 640-252-44 to 59 640-260-01 to 29 640-260-31 to 71 640-260-74 640-271-01 to 56 640-272-01 to 49 . 321. 44 100.00 2.55 53.00 40.00 16.00 29.00 41.00 1.00 56.00 49.00 387.55 1"2..-1"2- 32,144.00 B19.68 17,036.32 12,657.60 5,143.04 9,321. 76 13,179.04 321.44 16,000.64 15,750'.56 124,574.08 .'--'---- .- --... .-..- - --. .- City of Chula Vista Council Meeting August 6, 1991 ~. Council Members, As council may recall, voting on our open space district budget for fiscal year 91-92 was postponed until a thorough investigation conducted by staff and local residents could be conducted. I am here to present our views regarding the meeting. I would like to formally submit into record that the local residents were very pleased with the work conducted by your staff. Mr. Defacci called me the next day regarding the council meeting. I spent over an hour with him discussing various matters regarding landscape, budgets, etc. He then took the main items of concern and scheduled a meeting for all involved parties. We determined a meeting date and he promised to have all documentation for our review. The meeting was handled in a very professional manner. Jess Valenzuela, Joel Chew, Donna Snider, and David Defacci attended 0 on behalf of the city. All were well prepared on the agenda items and made their presentations in a clear manner. The staff was able to answer all questions. A few items came up that was out of their jurisdiction, and they offered to forward the information on to the appropriate departments. We were very pleased with their effort and research. They appeared to take a genuine interest in solving the problems. The evening meeting turned out to be rather lengthy, yet the staff never tried to hurry it along or appear to grow impatient. In summary, I would like to state that we are pleased with the results of the investigation and the new budget. I would also like to commend your staff members Jess Valenzuela, Joel Chew, Donna Snider, and David Defacci for their professionalism and courtesy regarding this matter. Having been involved in many similar ventures on both a city and county level, I can say that your staff members have been one of best prepared and courteous groups I have had the pleasure to work with. Knowing that a large portion of what council hears is complaints, I would like council to know and have it formally recorded that these people did an excellent job. Sincerely, '%kOCLW~-b() Teresa Walker Sunbow Resident COUNCil AGENDA STATEMENT Item I~o.....b ITEM TITLE: Meeting Date 8-6-91 A. Resolution '~'1.~ Renewal of landscape maintenance contract for Open Space Maintenance Districts #1-10, 14, 15, 18, 20 and Eastlake Maintenance District B. Resolution \\o2.~5 Renewal of landscape maintenance contract for Open Space Maintena~c~jDistrict #11. Director of Parks and Recreation~ City Manager~\:>'~~ (4/5ths Vote: Yes_No__!.J SUBMITTED BY: REVIEWED BY: On May 6,1986, Council accepted the Department's report regarding renewal options for Open Space contractors. The Department will exercise its option to renew the landscape maintenance contracts in Open Space Maintenance Districts 1-11, 14 Units 1-7, 15, 18, 20 and Eastlake Maintenance District. RECOMMENDATION: That Council adopt resolution and renew the maintenance contracts in Open Space Maintenance Districts 1-11, 14 Units 1-7, 15, 18, 20 and Eastlake Maintenance District. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Council accepted the Department report on May 6, 1986, to incl ude renewal options for three additional years if work performance is satisfactory. Staff felt contractors woul d be more respons i ve with the poss i bil ity of havi ng a maintenance area for four years versus the one-year contracts with no renewal clause. The option clause includes three one-year renewal options and provides a percentage increase based on changes that are determi ned by San Di ego area Consumer Pri ce Index for urban wage earners and cl eri ca 1 workers. The CPI increase from January 1990 to January 1991 was 6.0%. The renewal option contracts for FY 1991-92 is recommended for Districts 1-11, 14 Units 1-7, 15, 18, 20 and Eastlake Maintenance District. 90-91 CPI Increase Contractor Dist. Contract (+6.0%1 Contract R. C. Landscape 1 22,260 1,340 23,600 3 23,500 1,410 24,910 4 22,810 1,370 24,180 5 16,480 990 17,470 7 3,640 220 3,860 8 26,400 1,580 27,980 9 15,420 930 16,350 10 24,000 1,440 25,440 18 60,000 3,600 63,600 '~-I Foster's Landscape Page 2, Item Meeting Date 8-6-91 90-91 CPI Increase Dist. Contract 1+6.0%\ Contract 2 4,600 280 4,880 6 10,800 650 11,450 11 66,930 4,010 70,940 14 162,680 9,760 172,440 15 5,810 350 6,160 20 131,280 7,880 139,160 EMD 33,220 1,990 35,210 Contractor Blue Skies Landscape Environmental Care Inc. FISCAL IMPACT: Total cost for maintaining these districts is borne by the respective homeowners in each district. WPC 1684R , ~-""2... RESOLUTION NO. 11D'l.~~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA RENEWING LANDSCAPE MAINTENANCE CONTRACT FOR OPEN SPACE MAINTENANCE DISTRICTS 1-10, 14 UNITS 1-7, 15, 18, 20 AND EASTLAKE MAINTENANCE DISTRICT The City Council of the City of Chu1a vista does hereby resolve as follows: WHEREAS, On May 6, 1986, Council Department's report regarding renewal options contractors if performance is satisfactory; and accepted for Open the Space WHEREAS, the option clause includes three one-year renewal options and provides a percentage increase based on changes that are determined by San Diego Area Consumer Price Index for urban wage earners and clerical workers; and WHEREAS, the CPI increase from January 1990 to January 1991 was 6.0%; and WHEREAS, for fiscal year 1991-92, the following contracts for Districts 1-10, 14 units 1-7, 15, 18, 20 and EastLake Maintenance District are hereby recommended for renewal: Environmental Care Inc. 91-92 District Contract 1 23,600 3 24,910 4 24,180 5 17,470 7 3,860 8 27,980 9 16,350 10 25,440 18 63,600 2 4,880 6 11,450 14 172,440 15 6,160 20 139,160 EMD 35,210 Contractor R. C. Landscape Blue Skies Landscape Foster's Landscape -1- I~~-\ NOW, THEREFORE, BE IT RESOLVED that the city Council of the City of Chula vista does hereby renew contracts with R. C. Landscape for Open Space Maintenance District Nos. 1, 3, 4, 5, 7, 8, 9, 10 and 18; and wi th Blues Sk ies Landscape for Open Space Maintenance District Nos. 2, 6, 14 and 15; and with Foster's Landscape for Open Space District District No. 20; and with Environmental Care Inc. for EastLake Maintenance for Fiscal Year 1991-92 . Presented by Jess Valenzuela, Director of Parks and Recreation 9121a -2- I ~ 0-. 2. RESOLUTION NO. \ ~ '1 ~ 5 RESOLUTION OF THE CITY CHULA VISTA RENEWING CONTRACT FOR OPEN SPACE COUNCIL OF THE CITY OF LANDSCAPE MAINTENANCE MAINTENANCE DISTRICT 11 The City Council of the City of Chula vista does hereby resolve as follows: WHEREAS, On May 6, 1986, Co unci 1 Department's report regarding renewal options contractors if performance is satisfactory; and accepted for Open the Space WHEREAS, the option clause includes three one-year renewal options and provides a percentage increase based on changes that are determined by San Diego Area Consumer Price Index for urban wage earners and clerical workers; and WHEREAS, the CPI increase from January 1990 to January 1991 was 6.0%; and WHEREAS, for fiscal year 1991-92, the following contract for District 11 is hereby recommended for renewal: Contractor 91-92 District Contract Blue Skies Landscape 11 70,940 NOW, THEREFORE, BE IT RESOLVED that the City the City of Chula Vista does hereby renew the contract Skies Landscape for Open Space Maintenance District Fiscal Year 1991-92. Council of with Blues No 11 for Jess Valenzuela, Director of Parks and Recreation 914la Approved as 4.. Attorney Presented by 1~6 COUNCIL AGENDA STATEMENT Item\"-\ ITEM TITLE: Meeting Date AUQUst 6. 1991 Resolution II." ~<. Approving second amendment to the citywide street Sweeping Agreement extending .om. for on. 'ddltlon~~.y~ Director of Public wor~:~~_ City Manager~ \1I,t~ (4/5ths Vote: Yes_No...1L) U ../"'" SUBMITTED BY: REVIEWED BY: On September 15, 1987, the City Council approved a contract with Laidlaw Waste Systems, Inc. to provide citywide street sweeping. The agreement provided for three years of street sweeping with the contract price to be adjusted each year by the San Diego Area CPI. In addition, the agreement permitted two additional one-year extensions upon satisfactory negotiation of a contract price. On September II, 1990, Council approved the first amendment to the agreement which extended the contract through August 31, 1991. Staff and Laidlaw have negotiated a price to provide citywide street sw(~eping services through August 31, 1992 for the second and final year extension as included in the contract. RECOMMENDATION: That City Council adopt the resolution approving the second amendment to the citywide Street Sweeping Agreement which would extend that agreement through August 31, 1992. BOARDS/COMMISSIONS RECOMMENDATION: Not Applicable. DISCUSSION: The city entered into a three-year agreement with Laidlaw Waste Systems, Inc. for citywide street sweeping services on September 15, 1987. The agreement ran from September I, 1987 through AQgust 31, 1990. The agreement allowed for changes in the compensation for contract years two and three based on the July to July CPI increase for the San Diego region. In addition, the contract .3.llowed for adjustments in landfill fees and the addition of new subdivision streets. Further, section I of the agreement permitted the contract to be extended on a year-to-year basis for a period not to exceed two additional years by written mutual agreement. This section of the contract permits us to negotiate with Laidlaw in lieu of going to bid. The City council on September II, 1990 approved the fourth year of the agreement which runs through August 31, 1991 at $13.85 per mile with the rate for parking lots remaining the same ($.90/100 sq. feet). The amendment to the contract further provided that Laidlaw submit their price for the fifth year by June I, 1991. This would permit us to examine the price and go to bid if necessary. Laidlaw has submitted a price of $14.02 per curb mile and $.91 per 100 sq. , '4-l Page 2, Item I '-{ Meeting Date Auaust 6.1991 ft. for parking lots. Basically, this is a 1.2% increase which represents the 27.7% County landfill increase. In other words, Laidlaw is not increasing by CPI as they could have done in the first thr<ee years and is not making any allowances for the increase in fuel costs that the City, Laidlaw, and private industry has experienced since July 1990. Last year before submitting the first amendment for the contract to city Council, staff contacted other cities in the area that contract for street sweeping and contacted the two other providers in the region that provide street sweeping services to obtain estimates on what their bid might be if the city went to bid. At that time, staff determined that the $13.85 per curb mile rate that Laidlaw charged for the period september 1, 1990 through August 31, 1991 was a very fair rate to the city. The 1.2% increase is considered reasonable in light of the following: The landfill costs will increase this fiscal year by 27.7%. This was reflected in the city's budget for Public Works Operations. Fuel prices (diesel) for the city during this past fiscal year have ranged from a high of 110% over this time last year to 21% with the latest fuel drop in July. The brushes that the sweepers use are made of plastic which are petroleum based. The cost on these brushes have increased sharply due to increase in petroleum products. When the original contract was bid in 1987, the city also responded as a bidder. The city's bid was $15.36 per curb mile as compared to Laidlaw's 1987 cost of $10.20 per curb mile. It would undoubtedly be higher at this time. The $14.02 per curb mile being charged by Laidlaw is lower than the informal estimates provided last year at this time to city staff by the two service providers in this area. When staff prepared the budget for FY 1991-92 a 6% increase was estimated. Since the 1.2% is lower than that, no additional funds will be required. Additionally, in prior years a 5% estimated increase in curb miles due to new streets added to the city had been used. This year a 2.2% increase which reflects historical increases over the last five years was used. As this is the final year that the contract can be amended, next year staff will issue a request for bid for this item and will examine what the cost might be for the city to provide this service. MODIFIED STREET SWEEPING SCHEDULE DURING WINTER MONTHS During this past year Laidlaw had agreed to increase sweeping in residential areas from once every two weeks to once every week 14-2 Page 3, Item 14 Meeting Date AUQUst 6. 1991 during a one-month period prior to the rainy season. The residential street sweeping schedule was then reduced during a dry period of the year. This was done in an effort to remove pollutants prior to the major rainy season so that they would not wash into the storm drains and, hence, into San Diego Bay. Unfortunately, this year while the increased street sweeping was done in November which is usually prior to the rainy season, major rains came in March when they would not normally be expected and, therefore, staff doesn't really know how much good it did. However, we will continue to attempt to do that this year. In addition, staff has made contact with the Regional Water Quality Control Board in an effort to try to determine if there have been any scientific studies on the effectiveness of street sweeping and which pollutants are removed by street sweeping. It is expected that thifl will be one of the areas studied during the NPDES (National Pollutant Discharge Elimination System) permit processing study that is also underway. FISCAL IMPACT: Contract cost is $328,500. These funds are included in the fiscal year 1991-92 operating budget. DB:mp ( CASTSW) I~-~ f'l- 'I- TEL: (17/2s/';n 1411!o z: (;.1'J b'J 1 ("'tlt> Ju.t 26,91 11:02 111J.002 F.02 I".HIJI..H .. 4 ~ , ~ rIll' 0,.' r . 1:' I. THB CITY OF CHULA Ji7STA PARTY DISCLOSURE STATEMENT Statement of disclosure of certain ownership interests, payments, or campaign contributions, on all matters which will require discretionary action on the part of the City CouncJl, Planning Commission,llnd all olller official bodies. The following information must be disclosed: 1. Ust the names of all persons having' a fhiancial interest in the contract, I.e" contractor, Subcontractor. material supplier, Laidlaw Waste Systems San Die20 SweeD~n2 2, If any person identified pursuant to (1) above is a corporation or partnership, list tile names of all individuals owning more than 10% of the shares in the corporation or owning any partnership interest in the partnership, San Diego Sweeping Steve Reid 3, If Any person identified pursuAnt to (1) above "js non-profit organization or II trust, list the names of any person serving as director of the non-profit organiUltion or as trustee or beneficiary or trustor of the trust. T 4, Have you had more than $250 worth of business transacted with any member of the City staff, Bonrds, Commissions, Committees nnd Council within the past twelve months? Yes_ No.....x. If yes. plense indicate person(s): S. Have you and/or your officers or IIgents, in the aggregate, contributed more than $1,000 to n Coullcilmember in the current or preceding eJection perlod? Yes _ No.2!. If yes, state which Coul1cllmember(s ): ~ is defined as: 'An)' individUIlI, /lilli, COopllrtllC/'ship, joinll'~nture, associlltion, socilll el/lb, [rmer/lIl! orglll.illltion, corpomtion, estme, trust, receivcr, S)'lldicmc, I!liS Il/ld Iln)' Oilier CO/lnl)\ eilY Il/ld COlllll')', cilJ\ mll/liClI'lllil)'. dlslricl or ollicr poliliclll s/lbdMsion, or 1111.1' OIlier group or comblnllliollllcling liS n unit," (NOTE: AII$ch .ddlllonal palles us ncccssftl)') ()1'/iP~ Signature of contractor/llpplicant LAIDLAW WASTE SYSTEMS/DONALD BLIND Print or lype nllme of contrllctor/Ilpplicnnt Il..{-'-I Dille: July 26. 1991 [A.1l3\A:DISCLOSE,TXTJ RESOLUT ION NO. 11.0 2.. ~ to RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING SECOND AMENDMENT TO THE CITYWIDE STREET SWEEPING AGREEMENT EXTENDING SAME FOR ONE ADDITIONAL YEAR, AND AUTHORIZING MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: approved citywide WHEREAS, on September a contract with Laidlaw street sweeping; and 15, 1987, the Waste Systems, City Council Inc. to provide WHEREAS, the agreement street sweeping with the contract by the San Diego Area CPI; and provided for three years of price to be adjusted each year WHEREAS, additional one-year contract price; and in addition, the agreement permitted two extensions upon satisfactory negotiation of a WHEREAS, on September 11, First Amendment to the Agreement through August 31, 1991; and 1990, which Council extended approved the the contract WHEREAS, provide citywide for the second contract. staff and Laidlaw have negotiated a price to street sweeping services through August 31, 1992 and final year extension as included in the NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula vista does hereby approve the Second Amendment to the Citywide Street Sweeping Agreement extending same for one additional year, a copy of which is on file in the office of the City Clerk. BE IT FURTHER RESOLVED that the Mayor of the Ci ty of Chula Vista is hereby authorized and directed to execute said agreement for and on behalf of the City of Chula Vista. Presented by J Bruce M. Booga d C1ty Attorney orm by John P. Lippitt, Director of Public Works 9l25a 14-5 SECOND AMENDMENT TO AGREEMENT WITH LAIDLAW WASTE SYSTEMS, INC. FOR CITY-WIDE STREET SWEEPING This Agreement, dated this , 1991 for the purposes of reference only, and effective as of the date last executed by the parties ("Effective Date"), by and between the City of Chula Vista, California, a chartered municipal corporation of the State of California, and Laidlaw Waste SY$tems, Inc., a California corporation, hereinafter referred to as Contractor, is made with reference to the following facts: Whereas, City and Contractor entered into an agreement dated September 15, 1987, and entitled Agreement for the purposes of Street Sweeping ("Original Agreement"); and, Whereas, pursuant to Section 1 of the Original Agreement, the term may be extended on a year-to-year basis for a period not to exceed two additional years by written mutual agreement without rebidding for the service; and Whereas, the parties hereto desire to modify the terms of original Agreement in the following respects only, and in no other regard. Now, therefore, the parties hereto do hereby agree as follows: 1. Section 1, "Term of Agreement" of the Original Agreement is hereby modified to extend the term to August 31, 1992. 2. section 2, "Compensation" of the Original Agreement is hereby modified as set forth in Exhibit A attached hereto and incorporated herein by reference. 3. All other terms and conditions of the Original Agreement shall remain in full force and effect. (End of Page. Next Page is Signature Page.) \y-(a Signature Page to Second Amendment to Agreement with Laidlaw Waste Systems, Inc. for City-wide Street Sweeping In witness whereof, the parties. hereto have executed this Agreement in duplicate at Chula Vista, California, as of the date and year adjacent to their signature, thereby indicated their full and voluntary consent to the terms of this Agreement. Dated: CITY OF CHULA VISTA By: Tim Nader, Mayor Attest: Beverly Authelet, City Clerk Approved as to form by Bruce M. Boogaard, city Attorney Approved as to content: David C. Byers, Deputy Director of Public Works/Operations Dated: Laidlaw Waste Systems, Inc. By: Ag\Laidlaw2 IY-'\ .L I o<! EXHIBIT A PREPARED: 29-Jul-91 LAIDLAW STREET SWEEPING CONTRACT BUDGET FOR 1991-92 . USING NEW CONTRACT COSTS CURB CURB PASSES FREQ COSTI CONTRACT FOOTAGE MILES IYEAR MILE COST ** SWEEP CLASS Al 1,141,744 216.24 2.00 26.00 $14.02 $157,604 ** SWEEP CLASS A2 33,624 . 6.37 1.00 26.00 $14.02 $2,321 ** SWEEP CLASS A3 44,488 8.43 2.00 26.00 $14.02 $6,141 ** SWEEP CLASS BI 133,134 25.21 2.00 52.00 $14.02 $36,755 ** SWEEP CLASS B3 17,599 3.33 2.00 52.00 $14.02 $4,859 ** SWEEP CLASS CI 21,758 4.12 2.00 104.00 $14.02 $12,014 ** SWEEP CLASS D1 96,696 18.31 2.00 156.00 $14.02 $80,086 ** SWEEP CLASS EI 74,074 14.03 1.00 12.00 $14.02 $2,360 ** SWEEP CLASS FI 117,642 22.28 1.00 12.00 $14.02 $3,747 ** SWEEP CLASS HI 70,433 13.34 2.00 12.00 $14.02 $4,487 ** SWEEP CLASS H2 33,624 6.37 1.00 12.00 $14.02 $1,071 *** Subtotal *** 1,784,815 338.03 SQUARE SQ FEET PASSES FREQ COSTI CONTRACT FOOTAGE IN lOOths IYEAR UNIT COST PARKS PARKING LOTS 237,232 2,372 1 52 0.091 $11,236 CMC CNTR PARKING 138,240 1,382 1 12 0.091 $1,511 OrnER LOTS 386,087 3,861 1 12 '."= *** Subtotal *** 761,559 *** Total *** I THE FOLLOWING ASSUMPTIONS WERE USED. 1. STREET MILEAGE WILL INCREASE 2.2' I 2. CONTRACT INCREASE WILL BE 1. n COUNCIL AGENDA STATEMENT Item 15 Meeting Date 8/6/91 ITEM TITLE: Reso 1 ut ion 1(,.'l.)Ji Accepting construction of H Street bus Shopping Center in the City; and Director of Public WOrkS~ City ManagerJ:\ ~~ contract work for the turnout at the Chula Vista appropriating funds thereof SUBMITTED BY: REVIEWED BY: (4/5ths Vote: Yes~No___) On July 26, 1990, the City Council, by Resolution No. 15757 awarded a contract in the amount of $69,967.03 (including contingencies) to Addax Construction Co. The contract was for the construction of a bus turnout on H Street at the Chula Vista Shopping Center. The work is now completed. The total cost of the project, however, exceeded the budgeted funds by $14,823.58. It is necessary, therefore, that this amount be appropriated from the unappropriated SCOOT Capital Projects Fund. RECOMMENDATION: That Council approve the resol ut i on accepting the contract work and appropriating $14,823.58 from the unappropriated SCOOT Capital Projects Fund. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Addax Construction Co. compl eted the construct i on of the bus turnout on H Street (at the Chula Vista Shopping Center) on July 9, 1991. A final inspection was performed on July 22, 1991, and all work found to be completed in accordance with the plans and specifications and to the satisfaction of the City Engineer. The final cost for the project amounted to $91,402.30. Of this amount $70,340.75 was for construction related expenditures and $21,061.55 for staff charges. It should be noted that the $70,340.75 reflects $1,300 in liquidated damages assessed to the Contractor because they did not complete the work within the time period allowed by the contract. The 1 iquidated damages are assessed at $100 per calendar day beyond the contracts authorized completion date. The budgeted funds for the project amounted to $76,578.72 based on a preliminary estimate when the CIP was prepared. The final engineer's estimate was over that amount, but still within the total amount budgeted. Since the bid was below the engineer's estimate amount and sufficient funds were available to cover the contract costs, the contract was awarded. The total amount of contract related expenditures is $70,340.75 including a minor change order approved by the Director of Publ ic Works and credit for 1 iquidated damages. Since the actual staff charges for inspection are unknown at time of award, it is standard procedure to wait until the contract has been completed and all costs are known to appropriate the funds to reimburse the General Fund for staff time. 1$-1 Page 2, Item I~ Meeting Date 8/6/91 FINANCIAL STATEMENT: I. Appropriated Funds Total I $69,967. 03 6.611.69 $76,578.72 A. Construction B. Staff II. Contract Amount as Awarded Tota 1 II $69,967.03 6.611.69 $76,578.72 A. Construction $68,837 original contract plus contingencies B. Staff III. Actual Expenditures A. Construction (Addax Construction) less liquidated damages Subtota 1 $71 ,640. 75 -1. 300.00 $70,340.75 21,061.55 B. Staff Includes 2.558 full cost recovery factor, inception to May 30, 1991 (latest available report) Total III $91,402.30 IV. Deficit A. Appropriated Funds B. Actual Expenditures Deficit $76,578.72 91,402.30 $14,823.58 FISCAL IMPACT: In addit i on to the construct i on costs summari zed above, the City will maintain the improvements. RS:AO-084 WPC 5707E \ 5- 2... RESOLUTION NO. It.:t fI '} RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING CONTRACT WORK FOR THE CONSTRUCTION OF H STREET BUS TURNOUT AT THE CHULA VISTA SHOPPING CENTER IN THE CITY AND APPROPRIATING FUNDS THEREFOR The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the Public Works Department of the City of Chula Vista has heretofore been notified that the contract work for the construction of H Street bus turnout at the Chula vista Shopping Center in the City has been completed in accordance with that certain contract agreement dated July 26, 1990, by and between the City of Chula Vista and contractor, Addax Construction Co.; and WHEREAS, on the 22nd day of July, 1991, a final inspection was made and all of the public improvements in the project have been completed to the satisfaction of the Director of Public Works and in accordance wi th the requirements of the City; and WHEREAS, the final cost for the project amounted to $91,402.30 with $70,340.75 (reflecting $1,300 in liquidated damages assessed to Contractor) for construction related expenditures and $21,061.55 for staff charges; and WHEREAS, the budgeted funds for the $76,578.72 and we, therefore, exceeded the $14,823.58 ($91,402.30 less $76,578.72); and project amounted to available funds by WHEREAS, the additional funds are to General Fund for City staff charges ($14,449.86) cost ($373.72) overruns. reimburse the and construction NOW, THEREFORE, BE IT RESOLVED by the Ci ty Counci 1 of the City of Chula Vista that the contract work for the construction of H Street Bus turnout at the Chula Vista Shopping Center is hereby accepted by the Ci ty, based upon the recommendations of the Director of Public Works. BE IT FURTHER RESOLVED that $14,823 appropr iated from the unappropr iated SCOOT Capi tal and transferred into Account No. 404-4040-RD130. is hereby Project Fund BE IT FURTHER RESOLVED that the City Clerk be, and she is hereby directed to forward a certified copy of this resolution to the contractor, Addax Construction Co. John P. Lippitt, Public Wor ks 9127 a Director of ":L AA , ruce M. Boogaar Presented by ,s-~ Meeting Date 8/6/91 Public Hearing on the 1992 Transnet (Sales Tax) Transportation Program Expenditure Plan for the next seven fiscal years Resolution 1<' '2. ~~ Adopting the 1992 Seven-Year Transnet Local Street and Road Program (Fiscal Years 1993 through 1999) and approvi ng the submittal of Chula Vi sta' s Transnet 1992 Regional Transportation Improvement Program (RTIP) to the San Diego Association of Governments (SANDAG) Director of Public wor~~ City Manager.jCt O~ (4/5ths Vote: Yes_No....!.J The 1992 San Di ego Regi ona 1 Transportat i on Improvement Program (RTIP) is a seven-year program of proposed major highway, arterial, transit, bikeway, and aviation projects. The annual development and approval of the RTIP by the San Diego Association of Governments (SANDAG) is a requirement for the continued recei pt of State and Federal transportat i on project fundi ng. The "Propos it ion 'A' Transnet Transportation Improvement Program - Ordinance and Expenditure Plan" also requires that all proposed projects funded with Transnet funds be included in the Regional Transportation Improvement Program (RTIP). ITEM TITLE: a) SUBMITTED BY: REVIEWED BY: COUNCIL AGENDA STATEMENT Item Il.. b) The Proposition 'A' "Transnet Transportation Improvement Program" was enacted by the voters of San Diego County on November 3, 1987. Proposition 'A' is a 1/2 percent increase in the County-wi de sales tax 1 ast i ng 20 years for specified transportation programs and projects. One third of the revenues are speCified for allocation to the local agencies for street and road purposes. The other two thirds will be equally shared by two additional primary purposes: Highway and Public Transit improvements. Under that program's regulations, the San Diego Association of Governments (SANDAG) administers the program County-wide. RECOMMENDATION: That Council conduct the public hearing and upon its completion adopt a resolution approving submittal of the City's RTIP Program and Transnet Expenditure Plan to SANDAG. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The Propos it ion 'A' Ord i nance and Expenditure Pl an states that the revenue generated by the sal es tax measure wi 11 be used solely for transportat i on improvement projects in accordance with the following priorities: 1. To repair and rehabilitate existing roadways. 2. To reduce congestion and improve safety. 3. To provide for the construction of needed facilities. In accordance with said priorities, the proposed RTIPITransnet Expenditure Plan was prepared as shown on Exhibit 'A'. The proposed RTIP is consistent with the City's CIP program and includes 8 projects utilizing Transnet funds llo-I Page 2, Item \ l.o Meeting Date 8/6/91 in Fiscal Years 1992-93 through 1998-99. The projects and their corresponding amounts are programmed as follows: 1. Broadway between 'I' and 'l' Streets 2. Broadway between Naples and southerly City limits 3. Main Street between Industrial and Hermosa 4. Main Street between Hermosa and Hilltop 5. Main Street between Hilltop and 1-805 6. 'l' Street between Mission and Nacion Avenues 7. Palomar Street between Industrial Blvd. and Broadway 8. Naples Street between Industrial Blvd. and Broadway Total $3,501,600 1,760,700 4,200,000 5,900,000 4,200,000 350,000 854,000 575.000 $21,341,300 The projects as listed in terms of priority involve widening and extensive reconstruction including but not limited to: installation of asphalt concrete pavement, curb, gutter, sidewalks, street lights, drainage facilities, etc. FISCAL IMPACT: Transnet sales tax $20,304,000 are estimated by SANDAG to be for Fiscal Years 1992-93 through 1998-99. revenues totalling approximately allocated to the City of Chula Vista SMN:KY-174 WPC 5709E ''-0 -"'2- 1992 RTIP/TRANSNET PROJECT INFORMATION FORM EXHIBIT "A" Agency: Citv of Chilli! Vi"ta PreparedBy: Si!mi!" M Nllhilily Dale: 7-19-91 ~ 691-5173 " 1 (}I AGENCY ",'",' ,....... ",'i::tPROJECTDESCRlPTlONi..," , '. .,".: . . . . .,.. ESCALATED PROJECT COST ($000'5) ..... " ",;-.,.:,':",.",.-., PRIORrTY i.:,'....'... . ..t (locallon & Type 01 Wcwk) }i.. ."'::': :': MI. PHASE . TOTAL FEDERAL . STATE . mANSNET LOCAL. PRIVATE FY 1 Broadway, Between "I" and "LII E $ 531. 6 $ 531. 6 93 Streets.-Widening and 0.75 C 2,970.0 2,970.0 94 Reconstruction T 3,501. 6 3,501.6 Gas Tax 2 Broadway, between Naples and 1.42 E 230.5 230.5 94 Southerly Ci ty limits - Widening C 1,530.2 " 1,530;2 95 and Reconstruction T 1,760.7 230.5 1,530.2 3 Main Street, between Industrial 0.90 E 880.0 880.0 95 and Hermosa - Widening and R 100.0 100.0 96 Reconstruction C 3,220.0 3,220.0 96 T 4,200.0 4,200.0 4 Main Street, between Hermosa' and 1.12 E 1,232.0 1,232.0 96 Hilltop - Widening and R 100.0 100.0 97 Reconstruction C 4,568.0 4,568.0 97 . T 5,900.0 5,900.0 5 Main Street, between Hilltop and 0.85 E 875.0 875.0 97 1-805 - Widening and Reconstruction R 100.0 FAU 100.0 98 C 3,225.0 1,356.0 1,869.0 98 T . 4,200.0 2,844.0 6 ilL" Street, between Mission and 0.15 E 50.0 FAU 50.0 99 Nad on Avenues - Reconstruction C 300.0" 226.0 74.0 99 T 350.0 124.0 I ., .. . C (construction); T (Total) . PHASES: E (Engineering & Planning); R (Rlght-Ol-Way); ~/f&!\/!,l\ '\, EXHIBIT "A" 1992 RTlPrrRANSNET PROJECT INFORMATION FORM Agency: City of Chula Vista Prepared By: Samir M. Nuhaily Dale: 7-19-91 Ph~ 691-5173 AGENCY . .,. ii'PROJECTOESCRIPTlON, .. . ESCALATED PROJECT COST ($000'8).' .'..." . ,,' ...,'. '......... MI. PHASE TOTAL FEDERAL . .' LOCAL . PRNATE FY PRlORrTY .. .. ,. ,.". (location & Type 01 Work) .. STATE , TRANSNET 7 Palomar Street, between 0.25 E 100.0 100.0 99 Industrial Blvd. and Broadway - R 400.0 400.0 99 Widening and Reconstruction C 354.0 354.0 99 T 854.0 854.0 8 Naples Street, between 0.25 E 75.0 75.0 99 Indus tri a 1 Blvd. and Broadway - R 200.0 200.0 99 Widening and Reconstruction C 300.0 300.0 99 T 575.0 575.0 - r . "'- I C (Construction) T (Total) PHASES. E (Engin88fing & Planning); R (Righl-Ol-Way); ltll~llm RESOLUTION NO. _I \0 '1. <il~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE 1991 SEVEN-YEAR TRANSNET LOCAL STREET AND ROAD PROGRAM (FISCAL YEARS 1993 THROUGH 1999) AND APPROVING THE SUBMITTAL OF CHULA VISTA'S TRANSNET 1991 REGIONAL TRANSPORTATION IMPROVEMENT PROGRAM (RTIP) TO THE SAN DIEGO ASSOCIATION OF GOVERNMENTS (SANDAG) The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the 1992 San Improvement Program (RTIP) is a major highway, arterial, transit, and Diego Regional Transportation seven-year program of proposed bikeway, and aviation projects; WHEREAS, the annual development and approval of the RTIP by the San Diego Association of Governments (SANDAG) is a requirement for the continued receipt of State and Federal transportation project funding; and WHEREAS, the "Proposition 'A' Transnet Transportation Improvement Program Ordinance and Expenditure Plan" also requires that all proposed projects funded with Transnet funds be included in the Regional Transportation Improvement Program (RTIP); and WHEREAS, the Transnet Ordinance states that the revenue generated by the sales tax measure will be used solely for transportation improvement projects in accordance with the following priorities: 1. To repair and rehabilitate existing roadways. 2. To reduce congestion and improve safety. 3. To provide for the construction of needed facilities. WHEREAS, the proposed RTIP is consistent with the City's CIP program and includes 8 projects utilizing Transnet funds in Fiscal Years 1992-93 through 1998-99 which projects and their corresponding amounts are programmed as follows: Broadway between 'I' and 'L' Streets Broadway between Naples and southerly City limits Main Street between Industrial and Hermosa Main Street between Hermosa and Hilltop Main Street between Hilltop and 1-805 'L' Street between Mission and Nacion Avenues Palomar Street between Industrial Blvd. and Broadway Naples Street between Industrial Blvd. and Broadway $3,501,600 1,760,700 4,200,000 5,900,000 4,200,000 350,000 854,000 575,000 -1- Il.o-5 NOW, THEREFORE, BE IT RESOLVED that the city Council of the City of Chula Vista does hereby adopt the 1992 Seven-Year Transnet Local Street and Road Program (Fiscal Years 1993 through 1991) and approving the submittal of Chula Vista's Transnet 1992 R~gional Transportation Improvement Program (RTIP) to the San Diego Associaiton of Governments (SANDAG). John P. Lippitt, Director of 9129a Approved {fc." :n Presented by Attorney -2- I \c - (", 17. PUBLIC HEARING CONSIDERATION OF A DEFERRAL FOR UNDERGROUNDING UTILITY SERVICES TO A PROPOSED RETAILED ESTABLISHMENT AT 1100 TIIIRTIETH STREET, NATIONAL CITY - staff requested this item be continued to the August 20, 1991 meeting. 1/ COUNCIL AGENDA STATEMENT ITEM va ITEM TITLE: Meeting Date Resolution I t. "2.~~ - Approving Agreement with Schema Systems to develop RFP and Provide Management Support for Implementation of a CAD System Chief of~e (4/5ths Vote: Yes____No-XKl City Manager..j~ ~()* 8/6/91 SUBMITTED: REVIEWED BY: In 1986, Council directed staff to implement a series of recommendations to improve the city's Public Safety Communications Systems. Several of these recommendations have been implemented and staff is now seeking Council's approval to proceed with the selection of a consultant to prepare an RFP for a CAD System. RECOMMENDATION: That Council approve the Mayor to sign Council the agreement authorizing on behalf of the City BOARDS/COMMISSION RECOMMENDATION: Not Applicable DISCUSSION: In July of 1985, the Council selected Alta Consulting Services to perform a comprehensive study of the existing Public Safety communications Systems facilities; and operational practices, to develop a Communications Master Plan addressing both current and long-term needs; to prepare bid specifications for recommended equipment and to assist the City staff in the implementation of recommended changes. At a Council Conference in May of 1986, Alta Consulting Services made a presentation that consisted of their findings and recommendations. Council directed staff to proceed with the implementation of the following major projects: 1) Relocate and enlarge the Communications Center 2) Replace the existing dispatch consoles, logging recorder and alarm displays in the old Communications Center 3) Replace existing base station radio equipment; modify mobile radios; improve radio system coverage; add one more police channel for tactical use la-\ Page 2, Item lea Meeting Date 8/6/91 4) Develop a data processing master plan for automating Public Safety records 5) Install a Computer Aided Dispatch system (CAD) 6) Develop a plan for the installation of Mobile Digital Terminal (MDT'S) in police vehicles Recommendations 1. 2. 3 and 4 have been completed and the new communications Center was operational effective October 30, 1990. since January, 1987, staff has been utilizing an in-house Computer Aided Dispatch (CAD) System for fire and police dispatching. This system is a significant improvement over the previous manual system but it does not compare with a modern, vendor provided CAD system. Such a system would have, at least, the fol'lowing features not included in our current CAD: a) Automatic call routing to appropriate dispatcher b) Automatic address verification c) Automatic selection presentation for misspelled addresses d) Automatic premise history alert indicating prior police response information on calls to the same address and other hazards associated with a given address e) Dispatch priority and queue assignment based on incident type f) unit recommended for dispatch by computer based on location of call and available units g) Dynamic beat recommendations levels structures allowing change of unit based on beat structure and activity h) Automatic timers to alert dispatchers to excessive travel time, on scene time, or contact times i) Built in system redundancy j) Automatic interface with the 911 automatic address and phone number systems k) Console to console message sending capability 's - '2.. Page 3, Item 18 Meeting Date 8/6/91 1) Automatic inquiry on traffic stop license plates In summary, a vendor provided CAD System offers many benefits. The most significant advantages over the current system are that calls will be dispatched in a shorter time frame after they are received; that there will be less human error because the new CAD eliminates many manual operations present in the current system; officer safety will be significantly improved. A vendor provided CAD system will free up significant mainframe computer resources which can be used by existing and future applications. Once a CAD system has been procured and installed, staff will be returning to Council with a recommendation that we develop an RFP to select a vendor to obtain a Mobil Digital Terminal/Computer System for public safety vehicles. In the original contract with Alta Consulting Services, that company had sub-contracted with Schema Systems, Inc. to assist them in certain portions of their contract. One key task that Schema performed was the development of an RFP for the new CAD System. Schema developed this RFP and presented it to staff in August of 1988. The original time table called for going out to bid for the CAD early in 1989 but this did not occur because the discovery of asbestos in the police facility had significantly delayed the remodeling of the Police Facility and specifically the construction of the new communications Center. As a result of these delays, Alta Consulting Services attempted to renegotiate their contract with us for additional funds and staff took this opportunity to cancel the contract with Alta Consulting. Now that we are ready to proceed with the CAD project, staff is recommending that we contract with Schema Systems to complete the CAD RFP. Schema will perform the five (5) tasks listed below: TASK 1. Review and Revise specification. The present specification, titled Request for Proposals, City of Chula vista Computer Assisted Dispatch System, was written by Schema systems in July of 1988 and was delivered to the City in August, 1988. It has become "stale" due to the rapid technology advances in this field and is no longer suitable for release to industry as part of a Request for Proposals (RFP). Schema systems will revise and update the document for issuance by 18-~ Page 4, Item \<& Meeting Date 8/6/91 the City, complete except for City-supplied Bid Form and legal information. It will be delivered as a reproducible Master for duplication and mailing by the City., A list of suggested bidders will also be provided. The city will be the contracting party, so Schema Systems will provide technical guidance and recommendations to the city and will rely on its functional organizations to prepare the "boilerplate" for the city's RFP and the subsequent contract with the selected bidder. TASK 2. Assist at Bidders' Conference. Experience has shown that it is very important to conduct a formal Bidders' Conference during the response period in order to allow prospective bidders an organized opportunity to see the facility and to ask questions directly. Schema Systems will assist the city in planning and staffing such a meeting, and in preparing a written RFP addendum if appropriate. TASK 3. Evaluate Bid Responses. To assure a fair and equitable contractor selection process, Schema Systems will develop a weighed criteria form to be used by the evaluation team members in scoring a detailed analysis of each bidder's response. The weighing criteria will be specific to the interests of the City. As a member of the Evaluation Board, Schema will also use the form to make a written evaluation of individual proposals, and will assist the other Board members in their analysis of unfamiliar features. With concurrence of the city, the highest rated bidders will be invited for oral interviews. In handling many systems procurement, Schema has consistently found that the results of the selection process are about equal portions of the formal proposal scoring and the oral presentations. Systems are built by people, not by companies, and it is important for the evaluators to interact with the people who will actually perform and manage the work that their company has proposed. After a careful analysis of all factors, Schema Systems will recommend a specific offeror's proposal to the city, along with any recommendations for items to be negotiated during the contract award process. TASK 4. Support the Contract Neaotiations. Schema systems will then participate in the negotiations between the City and the selected bidder. Although Schema does not give legal advice, we have had substantial experience in preparing 18.~ Page 5, Item 18 Meeting Date 8/6/91 technical contracts and will participate from this perspective. TASK 5. proiect Manaqement Support. Agencies dedicated to providing public safety services are typically staffed by persons who are skilled in the agency's "line of business," but not necessarily in the development of complex technical systems. There are critical activities on any developmental project that must be carefully monitored and validated by experienced proj ect management personnel. These include the contract schedule and progress reports, design documents, implementation and cutover plans, component and system testing, and the system installation and acceptance tests. Schema Systems will support the City throughout the contract life, but particularly during these critical activities. The implementation period is expected to be approximately 10 months. PRICES AND PAYMENT SCHEDULE TASKS PRICE 1) Review & Revise Specifications $4,425 2) Assist at Bidders' Conference 2,250 3) Evaluate Bid Responses 6,675 4) Support Contract Negotiations 5.275 $18,625 5) Project Management Support 31,000 $49,625 PAYMENT Task completed Task Completed Task Completed Task Completed Sub Total Ten Monthly Payments of $3,100 starting at award of Implementation Contract TOTAL Schema Systems, Inc. is willing to negotiate a time and material form of contract for Task #5 and this may be a preferred process. Tasks 1 through 4 were included in the original contract with Alta Consulting Services. Funds were encumbered in Purchase Order No. 187958, which currently has a balance of $22,604. The remaining funds are available in CIP Project No. PSl15 which totals $400,000 of which $50,000 had been estimated for consulting services. These funds will be more than adequate to cover the total amount ,8-5 Page 6, Item l!P Meeting Date 8/6/91 requested by Schema Systems ($49,625). Staff believes there is adequate justification to enter into this contract with Schema Systems as a sole source as opposed to an open bidding process. This justification is based on the fact that Schema has been invol ved in the proj ect from the beginning, performed a significant portion of the basic communications systems study and developed the CAD RFP that now has to be revised. Schema systems has a proven track record of performance in all of the disciplines necessary to fulfill public safety and local government automation, radio communications, and project management requirements. Schema Systems has developed CAD RFP's and implemented these automated systems for the following jurisdictions: Counties of Los Angeles, San Diego, Snohomish (Washington), Clackamas (Oregon); cities of Anaheim, Downey, Los Angeles, Kent, Washington and Honolulu. Staff is recommending this agreement with Schema based on their significant experience in the field, their previous understanding of our project and the quality of their past work for the City of Chula vista. Finally, staff believes that Schema's requested fee for this project is reasonable and within the limits of the funds that have been projected and budgeted for this project. FISCAL IMPACT: Funds are encumbered in Purchase Order No. 187958 and CIP Project No. PS1l5. SCHEMAAl13 Ie-\'" RESOLUTION NO. ,(., '2. 'il9 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AGREEMENT WITH SCHEMA SYSTEMS TO DEVELOP A REQUEST FOR PROPOSAL AND PROVIDE MANAGEMENT SUPPORT FOR IMPLEMENTATION OF A COMPUTER AIDED DISPATCH SYSTEM, AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula vista does hereby resolve as follows: WHEREAS, in 1986, series of recommendations Communications Systems; and Council directed staff to implement a to improve the City's Public Safety WHEREAS, several implemented and staff is proceed with the selection for Proposal for a Computer of these recommendations have been now seeking Council's approval to of a consultant to prepare a Request Aided Dispatch system; and WHEREAS, staff is recommending the City enter into an agreement with Schema systems based on their significant experience in the field, their previous understanding of the project, the quality of their past work for the City and the fact that their requested fee is reasonable and within the limits of the funds that have been projected and budgeted for this project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula vista does hereby find that competitive bidding would be impractical and waives the bidding procedure in accordance with Section 2.56.070 of the Chula Vista Municipal Code. approve Provide copy of BE IT FURTHER RESOLVED that the City Council does hereby an agreement with Schema Systems to Develop RFP and Management Support for Implementation of a CAD System, a which is on file in the office of the City Clerk. BE IT FURTHER authorized and directed behalf of the City. RESOLVED that to execute said the Mayor agreement is for hereby and on Director "} Presented by William J. Winters, of Public Works 9073a l~-'i ITEM TITLE: a) SUBMITTED BY: REVIEWED BY: COUNCIL AGENDA STATEMENT Item \<1 0..., b,<L. Meeting Date 8-6-91 1<.. 2.C\ 0 Authorizing issuance of bonds, bond indenture and offi ci a 1 statement for an district for Assessment District No. 90-3 (EastLake b) Resolution approving assessment Greens) Reso 1 ut i on 1(" 2.q I Mak i ng award for sale of bonds, and providing for the establishment of a redemption fund for Assessment District No. 90-3 (EastLake Greens) Resolution \<.. 2,.q2. Authorizing and providing for the security enhancement agreement for Assessment District No. 90-3 (EastLake Greens) and authori zi ng the Mayor to execute said agreement . ~.u~ Director of Public Work~fYY Director of Finance or;; City Manager .J4 I:>b@ (4/5ths Vote: Yes_No...x.J c) These are the cl os i ng resol ut ions for the Eastlake Greens Phase I assessment di stri ct proceedi ngs. They approve certai n bond-rel ated documents and award the bond sale to the lowest bidder. They also approve the Security Enhancement Agreement which provides a safety factor for assessed parcels whose value-to-assessment ratio is less than three to one. RECOMMENDATION: Adopt the resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: On January 22, 1991, at the publ i c heari ng, Council confi rmed the assessments and authorized the issuance of 1915 Act bonds. On July 9, 1991, Council authorized the advertising for bids on the bond issue in the amount of $22,352,427. Sealed proposals will be received on August 6, 1991 at 11 a.m. in the office of Charles P. Young/Jeffries Banknote Company in Los Angeles. The Director of Finance will have the bids received and the name of the successful bidder at the time of the Council meeting and will give a verbal report. Tonight I s action wi 11 complete the 1 egi sl at i ve proceedi ngs for the EastLake Greens Phase I Assessment District. Through the approval of these resolutions, the following will generally be accomplished: 1'1- , Page 2, Item \'\ Meeting Date 8-6-91 1. The RESOLUTION AUTHORIZING ISSUANCE OF BONDS AND APPROVING THE BOND INDENTURE AND PRELIMINARY OFFICIAL STATEMENT approves the bond indenture, which sets forth the conditions and covenants of the bond issue, and the preliminary official statement, which is the disclosure document about the assessment district and bonds, in substantially final form. After the successful bidder has been determined, the bond indenture must be executed on behalf of the Council. 2. The RESOLUTION MAKING AWARD FOR SALE OF BONDS awards the bond sale to the low bidder, in terms of interest cost, at this morning's bid opening and provides for the establishment of the bond redemption fund to which property owner payments will be deposited, and from which payments to the bondholders will be made. 3. The RESOLUTION AUTHORIZING AND PROVIDING FOR THE SECURITY ENHANCEMENT AGREEMENT wi 11 set forth the condit ions and amount of the 1 etter of credit which EastLake Development Company will provide for parcels in the assessment district whose appraised value is less than three times the aggregate total of all publ ic debt on it. Prior to making any payment to EastLake Development Company, said letter of credit shall be provided to the City. The letter of credit security will be approximately $5.6 million. The parcels for which security is required include the golf course and clubhouse and the commercial site within EastLake Greens and the Olympic Training Center. As the parcels for whi ch security will be provided develop and property val ues increase, it is anticipated that security will no longer be necessary. All residential parcels meet the 3:1 value-to-lien criteria except parcel 595-320-05. Thi s parcel' s all owabl e dens ity has not been determi ned yet and therefore it is possible that a pay down of the 90-3 assessment might be required. This parcel is not covered by the letter of credit. However, prior to maki ng any payment to EastLake Development Company, staff will return to Council with an agreement to address this. FISCAL IMPACT: None to the City. All bond issuance costs will be paid by the assessment district. DDS: AY083 WPC 5712E IQ-'2. :IT~ 1_~~ ON AGENDA DATE: August 6, 1991 FROM: Honorable Mayor and City Council John D. Goss, city Manager Lyman ChristoPhetl~irector of Finance TO: V:IA: SUBJECT: SALE OF BONDS FOR ASSESSMENT D:ISTR:ICT 90-3, EASTLAKE GREENS - PHASE :I ($22,352,427) The City of Chula vista opened bids for AD 90-3 bonds this morning, Tuesday, August 6, 1991. Three bids were received with the lowest bid submitted by stone & Youngberg with a net interest rate of 7.5878%. staff recommends award of the bonds to stone & Younqberq. LC/eb / f-"3 - COUNCIL AGENDA STATEMENT Item Meeting Date 7/9/91 ITEM TITLE: a) Resolution Ordering changes and modifications in proceedings and assessments in Assessment District No. 90-3 (EastLake Greens-Phase I) b) Resolution bonds to be sold sealed bids in Greens-Phase I) Authorizing certain assessment district at a public sale and directing a call for Assessment Di strict No. 90-3 (EastLake REVIEWED BY: c) Resolution Ratifying first amendment of Willdan Associates -contract for work performed in conjunction with Assessment District No. 90~~~stLake ~reens-Phase 1) Director of Public Works ~v . City Manager (4/5ths Yote: Yes___No-x-) SUBMITTED BY: , At a public hearing on January 22, 1991, Council adopted resolutions approving the Final Engineer's Report and confirming assessments in the amount of $24,185,852 for the EastLake Greens-Phase I Assessment District No. 90-3. The construction of the improvements to be acquired through the assessment di stri ct proceedings were not compl ete at the time of the publ ic heari ng and sale of bonds was deferred to a later date. Today's action initiates the bond sale portion of the proceedings. . In conjunction with this project, Willdan Associates has requested that the City process an amendment to their contract which includes an increase in compens,at i on. RECOMMENDATION: Adopt the resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: Resolution ordering changes in proceedings and assessments. At the time of the public hearing, it was estimated by EastLake Development Company that the construction of the improvements, which includes major and collector streets, water, sewer, storm drain and reclaimed water systems, and landscaping and irrigation would be completed in April of this year now should be completed in September 1991.' In anticipation of the possibility that the final cost of the improvements would exceed the estimated cost, a contingency allowance of approximately 10% of the estimated construction cost was made in the amount assessed to the district. It was further anticipated that the assessmenh could subsequently be lowered if some or all of the contingency was not needed. Iq-3 -.-.-.-.- - .. --------------- d _., . ,nn.-,,_ / Page 2, Item Meeting Date 7/9/91 Based on a review by the Assessment Engineer, Willdan Associates, of the project costs to date, it is recommended that the assessments to the district and the bond issue be reduced to $21,978,202 from the original $24,185,852 amount. This reduction is a result of actual construction costs known to date conforming to the earlier estimated costs and the reduction in the need for contingency allowances. There remains a very minimal contingency allowance for the construction remaining to be completed. If the final cost of the remaining construction exceeds the funds available from the bond issue, EastLake Development Company will absorb the excess cost. The proposed changes to the Final Engineer's Report, as shown in the Modified Final Engineer's Report, consist of the lowering of the total amount assessed to the district as discussed above and the resulting lowering of the individual assessments. In addition, there were some minor corrections which are also reflected in the Report. All necessary procedures to process the changes have been followed. Resolution authorizing bonds to be sold. , As a result of the construction schedule originally provided, it was planned that the bonds would be sold at this time and that bond debt service payments would be posted to the property tax roll by the August 10, 1991 deadline. While the construction of the improvements will not be completed until September 1991, it is recommended that the sale of the bonds proceed at this time and that bond debt service be posted with County Tax Collector in August as originally planned to be assessed this year. It is better to assess the new homeowners the first year they are there. Otherwise an assessment in a later year causes them problems. If the bonds are not issued until November 1991, after the construction of the improvements is complete in September, an interest accrual allowance of approximately 7% would have to be added to the bond issue since the first bond debt service could not be posted until August, 1992. This increase in assessments to the district would negate most of the savings achieved through the reduction in the contingency allowance. Bond debt service cannot be posted to the property tax roll this year unless the bonds are sold and dated prior to September 1, 1991. The issuance of the bonds prior to the completion of the improvements has no negative impact on the City or future property owners in that first, no payment will be made to EastLake Development Company until all of the improvements are complete and the final cost is reviewed; and second, any funds remaining after the acquisition of the improvements is complete will be credited back to the district in the form of a reduction in the amount of bonds outstanding or in the bond debt service posted to the tax roll in 1992 or 1993. 1'1-4 / Page 3, Item Meeting Date 7/9/91 Resolution ratifying First Amendment to Willdan Associates contract. EastLake requested and City staff directed Willdan Associates to include DIF streets in the assessment district. It was not originally anticipated that DIF streets be included because of the projected debt of non-DIF streets would maximize the "1% special tax" pol icy. However, project costs came in lower and EastLake requested that DIF streets be added to the district. A revi sed acquisition agreement and the Preliminary Engineer's Report, approved by Council by Resolutions 15975 and 15974, outlined the additional improvements. The request to add DIF streets was made after Willdan Associates had prepared a draft Preliminary Engineer's Report and required them to modify that report and perform additional audit work. Willdan is requesting an additional $18,000, $14,187.17 for Imol ementation , $5,500 for ACQuisition, and a reduction of $1,687.17 for Postina (actual cost) for this district for a total of $70,000 for the port ion of the contract being reimbursed by di stri ct. There are adequate funds in the district budget to cover these costs. Staff recommends approval of the additional compensation. . FISCAL IMPACT: None to the City. All bond issuance costs will be paid by the assessment district. DDS:fp/AY-083 WPC 5676E 111- 5 r.;......._. ~... ~". .>,"*". JJ 44- --COUNCIL AGENDA STATEMENT I rpv JI;:ff- AI ";".r In .ILI:II: Meeting Date 1/22/91 Public Hearing: Assessment District No. 90-3 (EastLake Greens - Phase I) . a) Resolution modification No. 90-3 b) Resolution Confirming the assessment, ordering the 1mpr~vements made, together with appurtenances, and approving the engineer's "report" for Assessment District No. 90-3 Ordering certain changes and to the Engineer's report in Assessment District ,. c) Resolution ApprOVing contracts for ownership of utility improvements for Assessment District No. 90-3 SUBMITTED BY: Director of Public Works ~ REVIEWED BY: City Manager (4/Sths Vote: Yes___No-X--) On December 1~, 1990, Council adopted the resolution of intention to order the acquisition and finanCing of certain infrastructure improvements in the Greens and surrounding areas of the Eastlake Development pursuant to the Municipal Improvement Act of 1913 and Ordinance No. 2397, and set a public hearing for January 22, 1991, for the purpose of hearing public testimony. All owners of property within the proposed assessment district have been mailed a notice of the public hearing including the proposed assessment to their land. RECOMMENDATION: Adopt the resolutions. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The Municipal Improvement Act of 1913 is a financing mechanism which allows the future residents to finance infrastructure improvements through assessment district bonds with payments collected on their property taxes. This is an acquisition assessment district wherein the developer is constructing the publ ic improvements and the City will acquire them upon completion with funds derived from the sale of bonds. The estimated cost of the improvements are assessed to land within the assessment district and paid off by the property owners over a 25 year period. New homebuyers have the option of paying off the assessment and including the cost with their mortgage. . However, since this would raise the amount of the down payment and would be paid at a higher interest rate for a' longer period of time, this option is rarely, if ever, exercised. The improvements proposed to be financed by the assessment district include circulation element streets, collector streets, water and sewer systems, reclaimed water facilities, storm drain systems, dry utilities, landscaping and irrigation systems. lq-~ .d_ J Page 2, Itl!lll Meeting Date 1/22/91 The total amount proposed to be assessed to the parcels in the assessment district 15 $24.19 lIillion. This includes construction, engineering design, inspection and administration costs, and other incidental costs as shown in the following: ACQuisition Construction Costs Vater System 98.0 Vater System 710 . Vaste Vater Street, Storm Drain and Landscaping Reclaimed Vater - Dry Utilities DIF Streets Incidental EXDenses TOTAL $1,684,921 1,426,751 2,032,996 4,947,466 975,861 1,173,014 5.101. 950 $17,342,959 1. Project Management 2. Assessment Engineering 3. Design Engineering 4. Construction Supervision 5. Bond Counsel 6. Financial Consultant 7. Landscape Design 8. Utility Engineering 9. Plan Check & Inspection Fees 10. Public Agency Project Management 11. Surveying & Staking 12. Special Studies Engineering 13. sons Engineering 14. Printing, Advertising, Post of Public Hearing Notices 15. Bond Printing, Servicing & Registration 16. Sewer and Vater Engineering 17. Capitalized Interest SUBTOTAL INCIDENTALS $ 40,000 70,000 1,367,000 70,000 62,732 35,000 320,000 50,000 600,000 35,000 336,000 300,000 164,000 4,000 10,000 235,000 241.859 $3,940,591 $ 483,717 2.418.585 $6,842,893 $24,185,852 18. Bond Discount (2%) 19. Reserve Fund (10%) TOTAL TOTAL ASSESSED TO DISTRICT Since construction of all of the improvements is not yet complete, the amount proposed to be assessed to the district and the individual assessments represent not to exceed amount. There is a contingency amount of apprOXimately 10 percent of the construction budget included in the amount assessed to the district and upon completion of the improvements, the final \ '\ "I. ;~;:,,:',-,>:,,_..........,~ "~'"..,-..'':''' ,"".,.. ~."<""".~'.." ,- - .-- . .~ ".. . ,H < . <,., ,,,. ,~~. ~ . ,,--.~ . .) '" J Page 3. Itell Meeting Date 1/22/91 construction cost wtll be reviewed and the assessments ro!duced as appropriate. If the costs are higher than the contingency provide for. the developer wf11 cover those increased amounts. The bond sale. which wf11 be held at the completion of construction which is antiCipated in Aprtl1991, will also be adjusted in accordance with the final construction cost. The assessments proposed for three of the approximately 190 parcels in the district result in parcel value to assessment ratios which are less then the City's criteria of three to one. The three parcels include the neighborhood shopping center, the golf course and the golf course clubhouse site. Tbe appraisal of the current value of the parcels is based em unimproved land with only the public improvements in place. It is reasonable to project that when all three parcels are fUlly developed. the value to assessment ratio wtll meet or elCceed the City's criteria. In the interim period. the Eastlake Development Company will provide letter of credit as security for that difference associated with the debt to lien ratio of these parcels prior to the sale of bonds. Subsequent to the approval of the Preliminary Engineer's Report. it was determined that several final subdivision maps had been recorded. However, one corresponding parcelization had not been included in the preliminary assessment roll. The new parcels have now been included. Since the assessment was considered in the preliminary report there is no charge in assessment just a redistribution to the parcels created by the subdivision. It was also determined that the incidental expenses of the assessment district had been incorrectly applied to the individual assessments. The resolution ordering changes and modifications to the Engineer's Report corrects these inaccuracies. The correction of the incidental expense misapplication does result in some assessments increasing and some decreasing. The maximum increase in assessments to residential parcels is 8.5 percent. The resulting assessments are well within the City's three-to-one value-to-assessment ratio criteria and below the one percent maximum annual debt service policy. The owners of parcels whose assessments have been raised have signed a waiver and consent form accepting the increases. On the agenda are three-party agreements with the City, Eastlake Development Company and SDG&E. Pacific Bell, and Otay Water District for the acceptance and conveyance of factl ities constructed as part of the assessment district improvement. There is no cost or liability to the City associated with these agreements, however, they are necessary as a part of the acquisition district proceedings. FISCAl IMPACT: Eastlake Development Company has deposited the one percent assessment district origination charge of $241,858.52 with the City. If the assessment proceedings are not completed, this money will be refunded minus any staff costs. Or if the proceedings are completed, then this money will be deposited to the General Fund. All assessment district costs will be paid through the issuance of 1915 Act bonds. Ii ; WPC 5391E \~-~ - \-'~-'-""'~ ITEM TITLE: SUBMlntJ> BY: REVIEWED BY: BACKGROUND: ., ".J) ..) \ SUPPLEMENTAL COUNCIL AGENDA STATEMENT t Item a) Resolution b) Resolution c) Resolution Meeting Date 12/18/90 Adopting a map showing the proposed boundary of a special Assessment District No. 90-3, EastLake Greens Phase I i . I ; ; , Declaring intention and covering preliminary deteIl11ination to order the acquisition of certain improvements in a proposed Assessment District No. 90-3, EastLake Greens Phase I: ordering the preparation of a report describing the district to be assessed to pay the costs and expenses thereof; and providing for the issuance of bonds Passing on the "Report" of the Engineer, giving preliminary approval and setting a time and place for a public bearing regarding Assessment District No. 90-3, EastLake Greens Phase I I . d) Resolution Approving revisions to the acquisition/financing agreement for Assessment District No. 90-3, EastLake ~re7 Phase I. Director of Public wor~ fVIV' " City Manager (4/Stbs Vote: Yes_NoX) On October 16,1990, Council accepted the petition of the EastLake Development Company and other property owners to initiate acquisition assessment district proceedings, pursuant to the Municipal Improvement Act of 1913 and Ordinance 2397, for the financing of infrastructure improvements in the Greens and surrounding areas of the EastLake development. This item continues the formal proceedings leading to the establishment of the EastLake Greens - phase I assessment district. \~.q ..rJ J Page 2, Item Meeting Date 12/18/90 Adopt the resolution. Set time and date of public hearing for January 22, 1991, at 6:30 p.m. BOARDS AND COMMISSIONS RECOMMENDATIONS: None DISCUSSION: At its meeting of December 11, 1990, the Counell continued this item for one week and requested information in three areas: What. WOuld be the impact of the proposed assessments on future homeowners?; What information relative to the proposed assessments would be disclosed to new home buyers?; and, By approving this assessment district, what additional liability is the City taking on? : The following responses are offered to those questions. .; What would be 1M impact oftM proposed llSSessments on future homeowners? City policy requires that the aggregate total of all property taxes, special taxes, and the annual debt service for special assessments shall not exceed two percent (2%) of the market value of a home. The two percent target is widely used by public agencies in California to evaluate the impact of special taxes, primarily Mello-Roos Community Facility Districts, and the annual payments for assessment districts on homeowners. Since the property tax is approximately one percent (1%), the total of special taxes and assessment district debt service cannot exceed the remaining one percent (1%). A preliminary review of the existing and future debt, including this proposed assessment district, by the financial consultant indicates that the maximum annual payments will be in the range of three-quarters of one percent (3/4 of 1%). This is substantially below the one percent (1%) referred to above. The proposed assessments range from $5,930 for condominium units to $6,700 for detached dwelling units. The estimated market value ranges .from $170,000 for the lowest condominium unit to $192,000 for the lowest detached dwelling unit. The annual debt service payment on an assessment of $5,930 would be approximately $590, which is 0.35 percent (0.35%) of the $170,000 value; for the assessment of $6,700, annual debt service payment would be $670, which is 0.35 percent (0.35%). As .discussed below, the home owner will be informed of the assessment district. The facilities being constructed are necessary for the developers to construct their subdivisions. Consequently, the developers have to front the costs and then charge them to the home buyer in the price of the home m: charge them through an assessment district. The financial impact to the home owner is shown on Exhibit S-I, attached, whereby the home owner has the choice of financing the assessment through his mortgage or accepting the assessment. This table illustrates, that over the life of the financing, the home owner would pay $4,390 more in interest payments if the assessment district were not an option. Therefore, there IQ-IO u_ ... Page 3, Item Meeting Date 12118190 is a small favorable impact for the home owner in using the assessment district. There have been very few, if any, home owners who assumed obligations through their conventional loans in lieu of the assessment district. What infomuzlion relative to the proposed DSSessments would be disclosed to new home buyers? The City has a very strong disclosure ordinance regarding special taxes and special assessments. Developers are required to disclose not only the amount of taxes and/or assessments, but to show prospective home buyers all annual payments and the cost to discharge the special tax and/or assessment-in its entirety at the time of purchase. In an effort to assure that home buyers acknowledge this information, they may indicate on the disclosure form whether or not th~ wish to discharge any or, all of the special taxes and assessments, and sign the form. Sample disclosure forms for the proposed assessment district are attached. By approving this DSSessment district, whot 9""ltJonalliabiIity is the City taking on? The City is assuming no liability in approving this assessment district. The land upon which the assessments are levied provides the sole security for any bonds which are issued as a part of this proceeding. The following language is from an Official Statement to potential bond buyers and is commonly utilized throughout California on assessment district bond issues: "Neither the full faith alld credit liar the gelleral taxillg power of the City, the State of Califomia, liar any political subdivisioll thereof is pledged to the paymellt of the bOllds. If a delinquency occurs ill the payment of any assessmellt illstallmellt, the City will have a duty ollly to trallsfer illto the redemptioll fWld the amowzt of the delinquellCY out of the reserve fund. This duty of the City is continuing during the period of delillquency, only to the extellt of funds available from the reserve fund, wuil reinstatemellt, redemptioll or sale of the delinquellt property. 17lere is no assurance that sufficiellt funds will be available from the reserve fWld far/his purpose. III accordance with Section 8769(b) of the Improvemellt Bond Act of 1915, the City has determilled that it willllot obligate itself to advance funds from its treasury to cure allY deficiellCY ill the redemptio" ftllld. " Included in the assessment district budget are monies to establish a reserve fund. This fund, . which is equal in amount to one full year of debt service on the bonds, is established for the purpose of paying the bondholders in the event of any delinquency on the part of property lq-l \ - f} L7 Page 4, Item Meeting Date 12/18/90 owners in making their payments, which are collected on the annual property tax bill If a property. owner is delinquent, the Qty will begin foreclosure proceedings against the property within 150 days. The impact of issuing assessment district bonds on the City's ability to issue other types of bonds. is negligIble. It am actually enhance the City's bond issuing capability if the admini~tration of assessment district bonds is timely and tliorough. .;. CONCLUSION:- 7-..-::- .,; '':'. .. ,"". ".':; .... .- , ~ . '.- . - : ;:', ~'. . Assessment district. financing is widely usedin new developments in California, including Chula Vista. All new development east of 1-805 arc in School District Mello-Roos Districts, and all new development for EastLake and Rancho del Rey OJse assessment districts for infrastructure. .. _ . . .' .... ...., .. . . The Council Agenda Statement of December 11, 1990, is attached for reference. Also attached arc sample disclosure forms given to potential buyers to fully inform them of the assessment. [A113-2\A-113-15.WP] \ 't - \ "2.. '0. ~..) EXHIBIT 5-1 TOTAL INTEREST PAID CASE I - Assessment District and Conventional Loan Assume conventional loan @ 10% - 30 yr. - 20% down Assessment districts @ 8~% - 25 yr. - no down Amount Monthly Total Price Financed Payment Interest Conv. loan $170,000 $136,000 $1,202.24 $296,806.40 A.D. 90-3 5,930 48.27 8,551.00 $141,930 $1,250.51 $305,357.40 CASE II - Financed by Conventional Loan Only Conv. loan $175,930 $141,930 $1,254.66 $309,747.60 Amount of interest saved by Assessment District is $4,390.20 '-~-..~~__~. "....~""'?'! :r -"'__Yo _. .' ~~. W.o _ .~ ~., - ....-. -~ ..- .~, . - _w._. ._. Q -COUNCIL AGENDA STATEMENT 0 , , Item~, e Tb Meeting Date 12/11/90 a) Resolution ,SCI'11 Adopting a map showing the proposed boundary of special Assessment District No. 90-3, Eastlake Greens Phase I b) Resolution ,C'CI" '! Declaring intention and covering .preliminary determination to order the acquisition of certain improvements in proposed Assessment District No. 90-3, Eastlake Greens Phase 1: ordering the preparation of a report describing the district to be assessed to pay the costs and expenses thereof; and providing for the issuance of bonds c) Resolution l~q""Passing on the -Report- of the Engineer, giving pre11minary approval and setting a time and place for a public hearing regarding Assessment District No. 90-3, Eastlake Greens Phase 1 ' d) Resolution ''S''fJ$'" Approving revisions to the acquisition/financing agreement for Assessment District No. 90-3, Eastlake Gree.ns Phas~~kl " SUBMITTED BY: Director of Public work~lr- . REVIEWED BY: City Manager l'Ja, . (4/Sths Vote: YeS_NO.!..> On October 16, 1990, Council accepted the petition of the Eastlake Development Company and other property owners to initiate acquisition assessment district proceedings, pursuant to the Municipal Improvement Act of 1913 and Ordinance 2397, for the financing of infrastructure improvements in the Greens and surrounding areas of the Eastlake development. This item continues the formal proceedings leading to the establishment of the Eastlake Greens - Phase I assessment district. RECOMMENDATION: Adopt the resolutions. Set time and date of public hearing for January 15, 1991, at 6:30 p.m. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The public improvements proposed to be financed through the acquisition assessment district proceedings include major and collector streets, water and sewer systems, reclaimed water facilities, electrical, gas, and. telephone systems, storm drain facilities, and landscaping and irrigation systems. The estimated total amount proposed to be assessed to the land in the district is S24,185,852, including S17,342,959 for construction and S6,842,893 in expenses which include design engineering and plan checking costs, inspection costs, assessment district consultant expenses, and bond reserve fund and discount allowances. . .. 'Construction of the competitively bid improvements began in early 1990 and are estimated to be completed by April 1, 1991. The improvements in the Greens area will be sufficiently complete in early January, 1991 that the Eastlake ~\q.l~ . l .', . ",~"fd"~' " " ',''->;~'~",;,,, ,"':'~~'-" ' ;>>Y".:','- . r u '~ige 2, Item "II~+e Meeting Date..J..lL2L2Q . ~1' ~-~ . .-., nt Company has schedul ed the grand opening of that ar~,. in early f ~fth the marketing of homes to follow shortly thereafter. Since the Jng of homes would precede the levying of assessments in_ a standard ,,15ltion assessment district proceedings, Eastlake Development Company has quested that the City's recently adopted procedural ordinance, Ordinance /397, which allows the ~cquisition .of improvements completed after the adoption of the. resolution of intention and public hearing, be utilized to complete the proceedings prior to February. The City has received a guarantee for all City improvements included in the proposed assessment districts in the form of bonds. .This will. ensure that. the .improvements assessed in the district will be constructed. Additionally, .the City will not pay for the acquisition of improvements until theY.have been completed. . " ,.. -. -'. .. The areas incl uded within the proposed assessment district bou.ldary are the Greens, Trails, Vistas and the Olympic Training Center site. Only the northern portion of the Greens will have all improvements constructed at this time, and will receive no subsequent. a.ssessments. The Trails,Vistas,- Olympic Training Center,' and the southern portion of the' Greens, however, receive benefit from portions of the ,backbone water, s~wer, reclaimed water, electrical, gas, and telephone systems being constructed at this time. As improvements are completed in these areas in the future, Eastlake Development Company has indicated they' will propose subsequent asse~sment districts for those improvements. The proposed revisions to the approved acquisition/financing agreement consist of the addition of two major streets, included in the Transportation Development Impact Fee (DIF) program, and the deletion of one street, also in the DIF program. The streets to be added are Eastlake Parkway from Otay Lakes Road to approximately 4,500 feet south and Hunte Parkway from Otay Lakes Road to Clubhouse Drive. The deleted street is East Orange Avenue from Hunte Parkway to approximately 5,000 feet east. Also deleted are the water, sewer, and storm drain facilities which would have been constructed as an integral part of East Orange Avenue. At the time the acquisition/financing agreement was prepared, it was thought by the developer that the inclusion of the DIF amount, then 52,850 per equivalent dwelling unit, in the assessments for the other improvements would result in total assessments which would exceed the City's policy limiting all annual public debt service to one percent (1%) of the value of a dwelling unit or other development. A detailed review by the City's financial consultant has shown that even with the addition of the recently updated DIF amount, the proposed assessments are well below the one percent limit. East Orange Avenue is being deleted due to a schedule change by the developer which delays its completion until late 1991 or early 1992. The next step in the assessment district proceedings is the public hearing. Adoption of tonight's resolutions will set the time and date of the public hearing for January 15, 1991, at which time the district will be formed and the assessments will be levied. After the public hearing, further Council action will be necessary to authorize the sale of bonds. FISCAL IMPACT: The Developer has advanced all City expenses related to the proposed assessment district. In conformance with City pol icy on developer requested assessment districts, recently adopted by Resolution 15897, Eastlake 'Development Company will deposit the origination charge .of approximately $240,000 prior to the public hearing. The actual amount will be based on the Final Engineer's Report. DDS/mad:AY083/WPC 5280E ~ IC\-IS ....;.;...._- RESOLUTION NO. 1(" 1.'10 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING. ISSUANCE OF BONDS, APPROVING BOND INDENTURE AND OFFICIAL STATE- MENT FOR AN ASSESSMENT DISTRICT FOR ASSESSMENT DISTRICT NO. 90-3 (EASTLAKE GREENS) WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, is conducting proceedings for the installation of certain public improvements in a special assessment district pursuant to the terms and 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. 90-3 (EASTLAKE GREENS) (herein- after referred to as the "Assessment District"); and, WHEREAS, this legislative body has previously declared in its Resolution of Intention to issue bonds to finance said improvements, said bonds to issue pursuant to the terms and provisions of the "Improvement Bond Act of 1915", being Division 10 of said Code; and, WHEREAS, at this time this legislative body is desirous to set forth all formal terms and conditions relating to the authorization, issuance and administration of said bonds; and, WHEREAS, there has been presented, considered and ready for approval a bond indenture setting forth formal terms and conditions relating to the issuance and sale of bonds; and, WHEREAS, there has also been presented for consideration by this legislative body an Official Statement containing information including but not limited to the Assessment District and the type of bonds, including terms and conditions thereof; and, WHEREAS, this legislative body hereby further determines that the unpaid assessments shall be specifically in the amount as shown and set forth in the certif icate of Paid and Unpaid Assessments as certified by and on file with the Treasurer, and for particulars as to the amount of said unpaid assessments, said Certificate and listshall control and govern. NOW, THEREFORE, BE IT RESOLVED: RECITALS SECTION 1. That the above recitals are true and correct. BOND AUTHORIZATION SECTION 2. That this legislative body does authorize the issuance of bonds in an aggregate amount not to exceed $22,352,427.00 pursuant to the terms and provisions of the "Improvement Bond Act of 1915", being Division 10 of the Streets and Highways Code of the State of California and also pursuant to the specific terms and conditions as set forth in the BOND INDENTURE presented herein. 1<\0.-1 BOND INDENTURE SECTION 3. That the BOND INDENTURE" is approved substantially in the form presented herein, subject to modifications as necessary and as approved by the Finance Director, with the concurrence of Bond Counsel. Final approval of the BOND INDENTURE shall be conclusively evidenced by the signature of the Finance Director upon final delivery of bonds and receipt of proceeds. A copy of said BOND INDENTURE shall be kept on file with the transcript of these proceedings and open for public inspection. OFFICIAL STATEMENT SECTION 4. That the OFFICIAL STATEMENT is approved substantially in the form presented and is deemed to be in near f ioal form, subject to non-material modifications as necessary and as approved by the Finance Director, and execution and distribution is hereby authorized. A copy of said OFFICIAL STATEMENT shall be kept on file with the transcript of these proceedings and remain open for public inspection. FINAL ASSESSMENTS SECTION 5. That the Certificate of Paid and Unpaid Assessments, as certified by the Treasurer, shall remain on file in that office and be open for public inspection for all particu- lars as it relates to the amount of unpaid assessments to secure bonds for this Assessment District. SUPERIOR COURT FORECLOSURE SECTION 6. This legislative body does further specifically covenant for the benefit of the bondholders to commence and prose- cute to completion foreclosure actions regarding delin- quent installments of the assessments in the manner, within the time limits and pursuant to the terms and conditions as set forth in the Bond Indenture as submitted and approved through the adoption of this Resolution. Presented by Approved as to form by Bruce M. Boogaard City Attorney John P. Lippitt Public Works Director PASSED, APPROVED, and ADOPTED of Chula Vista, California, this 1991, by the following vote: by the city council of the city day of AYES: Councllmembers: NOES: Councilmembers: ABSENT: Councilmembers: ABSTAIN: Councilmembers: Tim Nader, Mayor ATTEST: Beverly A. Authelet, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ss. I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. was duly passed, approved, and adopted by the City Council held on the day of , 1991. Executed this day of , 1991. Beverly A. Authelet, City Clerk \'\~-L. RESOLUTION NO. 1(., 2..C\ I RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING AWARD FOR SALE OF BONDS, AND PROVIDING FOR THE ESTABLISHMENT OF A REDEMPTION FUND FOR ASSESSMENT DISTRICT NO. 90-3 (EASTLAKE GREENS) WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, has heretofore instituted and conducted proceedings under the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the installation of certain public works of improvement, together with appurtenances and appurtenant work, in a special assessment district known and designated as ASSESSMENT DISTRICT NO. 90-3 (EASTLAKE GREENS) (hereinafter referred to as the "Assessment District"); and, WHEREAS, in the Resolution of Intention it was determined and declared that bonds should issue under the provisions of the "Improvement Bond Act of 1915", being Division 10 of the streets and Highways Code of the State of California; and, WHEREAS, there has now been received, in proper form, a sealed bid (hereinafter the "proposal") for the purchase of said bonds to issue under said proceedings, which is considered to best serve the interests of owners of land included within the Assessment District and should be accepted. NOW, THEREFORE, BE IT RESOLVED: SECTION 1. That the above recitals are all true and correct. SECTION 2. That this legislative body hereby rejects all of said proposals for the sale of bonds except that herein mentioned, and does hereby make an award and accept the proposal for the purchase of the improvement bonds from the responsible bidder, to-wit: at the proposal of these interest rate and terms as set forth in the of said bidder as on file with the transcript proceedings and open for public inspection. SECTION 3. That said sale is subject to all the terms and condi- tions as set forth in the Resolution of Issuance, in the Bond Indenture in its final form, and in the accepted proposal. Presented by Approved as to form by Bruce M. Boogaard City Attorney John P. Lippitt Public Works Director \G.b-I PASSED, APPROVED, and ADOPTED of Chula Vista, California, this 1991, by the following vote: by the City Council of the City day of AYES: Councilmembers: NOES: Councilmembers: ABSENT: Councilrnembers: ABSTAIN: Councilmembers: Tim Nader, Mayor ATTEST: Beverly A. Authelet, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ss. I, Beverly California, was held on the A. Authelet, City Clerk of the City of Chula Vista, do hereby certify that the foregoing Resolution No. duly passed, approved, and adopted by the City Council day of , 1991. Executed this day of , 1991. Beverly A. Authelet, City Clerk RESOLUTION NO. 1(., 2.'l 2. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING A~D PROVIDING FOR THE THE SECURITY ENHANCEMENT AGREEMENT FOR ASSESS- MENT DISTRICT NO. 90-3 (EASTLAKE GREENS) AND AUTHORIZING MAYOR TO EXECUTE SAID AGREEMENT WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, has heretofore instituted and conducted proceedings under the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the installation of certain public works of improvement, together with appurtenances and appurtenant work, in a special assessment district known and designated as ASSESSMENT DISTRICT NO. 90-3 (EASTLAKE GREENS) (hereinafter referred to as the "Assessment District"); and, WHEREAS, in the Resolution of Intention it was determined and declared that bonds should issue under the provisions of the "Improvement Bond Act of 1915", being Division 10 of the Streets and Highways Code of the State of California; and, WHEREAS, there has now been received, considered and ready for approval a Security Enhancement Agreement to be entered into between the City and East lake Development Company, a California limited partnership, in order to provide assurance to the City that all payments on the Bonds will be paid. NOW, THEREFORE, BE IT RESOLVED, SECTION 1. That the above recitals are all true and correct. SECTION 2. The form of Security Enhancement Agreement presented to this meeting is hereby approved in substantially the form presented at this meeting and the Mayor and city Clerk are hereby authorized and directed to execute and deliver the Agreement in substantially the form presented to this meeting, with such changes as the officers executing the same or the City Attorney or bond counsel may approve, such approval to be conclusively evidenced by the execution and delivery thereof. Presented by Approved as to form by John P. Lippitt Public Works Director Bruce M. Boogaard City Attorney Iqc..-\ PASSED, APPROVED, and ADOPTED of Chula Vista, California, this 1991, by the following vote: by the City Council of the City day of AYES: Councilmembers: NOES: Councilmembers: ABSENT: Councilmembers: ABSTAIN: Councilmembers: Tim Nader, Mayor ATTEST: Beverly A. Authelet, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ss. I, Beverly California, was held on the A. Authelet, City Clerk of the City of Chula Vista, do hereby certify that the foregoing Resolution No. duly passed, approved, and adopted by the City Council day of , 1991. Executed this day of , 1991. Beverly A. Authelet, city Clerk CITY OF CRULA VISTA ASSESSKBHT DISTRICT 50. gO-3 LIMITED OBLIGATI05 IMPROVBKBBT BONDS SECURITY BJlBA)ICBMDIT AGREBMDlT THIS AGREEMENT is made and entered into this day of , 1991, by and among the City of Chula vista ("city"), and EastLake Development Company, a California limited partnership ("owner"). RECITALS 1. The City Council of the City (the "Legislative Body") has heretofore undertaken proceedings to form an assessment district designated as Assessment District No. 90-3 (EastLake Greens - Phase I) (the "District") pursuant to the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the state of California (the "Act"), for the purpose of financing certain public facilities ("Public Facilities") as described in that certain document entitled "Modified Final Engineer'S Report, City of Chula vista Assessment District 90-3, EastLake Greens Phase I Assessment District (Acquisition)" (the "Report"), approved by the Legislative Body on July 9, 1991, the original of which is on file in the Office of the City Clerk of the City. 2. The parties hereto now desire to provide for the issuance of the City of Chula Vista, Assessment District No. 90-3, Limited Obligation Improvement Bonds, in the aggregate principal amount not to exceed $22,352,427.00 (the "Bonds") for the purpose of financing the acquisition or construction of the District's portion of the Public Facilities. 3. Because the current appraised value to assessment lien ratio of property assessed to finance the Public Facilities is less than the three to one (3:1) ratio required by City policy and a significant assessment obligation is against a portion of the District that is owned by Owner for development and sale to the public, prudent and sound underwriting and public issuer standards dictate that the parties hereto provide methods for enhancing the security for the proposed Bonds. 4. The parties hereto, therefore, desire to enter into this agreement to insure the provision of adequate security for the Bonds and to thus facilitate the marketability and acceptability of the Bonds. 1 1'1~- 2.. NOW, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS: 1. Letter of Credit. Owner agrees as to all property to which it has title within the District to pay the assessments relative to the Bonds prior to the delinquency date for the payment of such assessments. At any time prior to or concurrently with the transfer of the proceeds received by the City for the Bonds to Owner in payment of the acquisition costs of the Public Facilities, Owner further agrees to provide a letter of credit in a form substantially similar to that attached hereto as Exhibit "A" from a financial institution in accordance with section 5 and acceptable to the City. The letter of credit shall be for at least one (1) year and have a face value equal to one hundred and three percent (103%) of the sum of all the Deficiencies with respect to the property or parcels listed on Exhibit "B" attached hereto. As used herein, the terms "Deficiency" or "Deficiencies" means with respect to a property or parcel an amount equal to the sum of all special assessment and special tax liens against the property or parcel minus one-third of the appraised value of the parcel. Owner hereby agrees that Exhibit "B" is, as of the date of this agreement true and correct. The letter of credit shall be renewed by Owner annually thereafter, or a substitute letter of credit provided, thirty (30) calendar days prior to its expiration in an amount calculated in accordance with the terms of this section and section 3 of this Agreement. If Owner provides a substitute letter of credit, the City shall return any existing letter of credit at the time of such substitution by Owner. The City may draw upon the full amount of the letter of credit, or any cash deposited in lieu of a letter of credit, in the event any of the following occurs: (i) any delinquency or default exists on any payment of the assessments of the District levied on property listed in Exhibit "B" hereto as amended from time to time as provided in section 3 hereof, (ii) the letter of credit is not renewed by, or a substitute letter of credit is not provided by, the Owner or Transferee (as herein defined) thirty days prior to its expiration as provided in the immediately preceding paragraph or (iii) the issuer of the letter of credit fails at any time to meet the criteria of section 5 hereof; provided, however, the City will not draw on any letter of credit because of the occurrence of an event described in phrases (i) and (iii) of the first sentence of this paragraph unless and until the City has provided the Owner (or Transferee) thirty (30) days written notice of its intent to draw on the letter of credit and the Owner (or Transferee) has not cured such event. The total amount of the letter of credit shall be drawn at the time a draw is made. If the full amount of the letter of credit is drawn by the city, the city shall deposit the proceeds in a redemption fund. Thereafter, amounts in said fund shall be used to redeem Bonds at 2 ICh..~ the earliest date practicable and to the greatest extent possible. The Director of Finance of the City and his or her designated representatives are hereby authorized by the City to draw on the letter of credit and provide for the reduction and termination of any letter of credit as may be required and according to the terms of this Agreement. OWner shall bear all costs associated with posting any letter of credit. 2. Substitution. If the property owned by Owner is sold or transferred in its entirety by OWner, a letter of credit on the same terms specified hereinabove and hereinafter may be furnished by the purchaser or transferee (the "Transferee"). The issuing financial institution and the form and terms of said letter of credit will be subject to reasonable prior approval by the Director of Finance of the City and his or her designated representatives. All terms provided in this Agreement are applicable to the Transferee. In the event the Transferee fails or refuses to deliver a substitute letter of credit, the letter of credit with Owner as the account party shall be maintained. 3. Reduction and Termination. The letter of credit provided by Owner and any other letter of credit required by this Agreement from a transferee may be reduced or terminated annually on July 1 of each year as specifically hereinafter set forth upon the occurrence of the following event: If it can be established by an independent appraisal performed by a qualified MAl appraiser approved by the City, which approval shall not be unreasonably withheld, that the fair market value of any property or parcel in the District listed in Exhibit "B" hereto is equal to or exceeds three (3) times the sum of the property or parcel's current and prior special assessments and the capitalized value of special taxes, the property or parcel in question shall be released from the letter of credit requirement regarding said property or parcel and the letter of credit then outstanding shall be proportionately reduced. Such proportionate reduction shall be in an amount equal to 103% of such parcel's Deficiency as set forth in Exhibit liB". The City shall accept a letter appraisal with appropriate supporting documentation for purposes of such appraisal. Upon receipt of the appraisal described hereinabove, the city shall promptly review the valuation made therein and shall notify the Owner of its approval thereof on or before July 1 of each year, which approval shall not be unreasonably withheld. Concurrently with its approval of the MAl appraisal, the City shall execute an amendment to Exhibit "B" to delete any parcels which no longer have a Deficiency and shall provide notice to the provider of the letter of credit of the reduction. 4. Additional Debt. Property Owner will not initiate, consent in writing to, or in any way cooperate in the issuance of additional publicly financed debt resulting in a special tax or 3 ICf c. - 1..\ assessment being levied on the property subject to the assessment being levied for the payment of the Bonds if such additional debt would result in publicly financed debt on the property in excess of one third the value of the property, unless a letter of credit or other security enhancement conforming to section 1 hereof has been provided for the property. 5. Terms of Letters of Credit. Any letter of credit posted pursuant to this Agreement shall be an irrevocable, unconditional letter of credit with a term of not less than one year. The financial institution issuing any letter of credit shall, at the time of the issuance thereof and at all times thereafter, be a domestic bank and shall be rated "A" or better by Moody's Investor Service or standard & Poor's. All cash balances, or additional securities, or obligations directly pledged as collateral for the letter of credit shall be invested at a yield which is equal to or less than the yield on the Bonds and the Developer shall provide to or cause to be provided to, the City evidence of compliance with such investment limitation. 6. Cash DeDosits. The Owner may at any time deposit cash in lieu of a letter of credit as hereinafter provided. Any cash deposit provided for herein shall be deposited to the credit of, and in the name of, the city in a bank account designated by the City. All accrued interest shall be paid to the party providing same on the first day of each calendar year quarter. The maximum interest rate earned on such deposit shall not be permitted to exceed the "yield" on the Bonds as such term is defined in the Internal Revenue Code of 1986. 7. ReDlacement of Cash DeDosits or Letter of Credit. Any letter of credit or cash deposit posted with the City pursuant to the provisions of this agreement may be replaced at any time, with five (5) business days notice, by a letter of credit subject to the same terms and conditions and in the same amount as the substituted letter of credit or cash deposit. Upon receipt of such replacement letter of credit, the City shall concurrently return the substituted letter of credit or cash deposit to the person or entity posting such letter of credit or making the cash deposit. 8. Assianment. This Agreement shall be binding upon the heirs, successors and assigns of the parties hereto. 9. Amendments. This Agreement may not be amended except by written instrument executed by the parties hereto. 10. Attornev's Fee's. Should any action be brought in any court of competent jurisdiction, the prevailing party in such action shall be entitled to recover all reasonable attorney's fees and court costs incurred in connection with such litigation. 4 ICle..-.5 IN WITNESS WHEREOF, this agreement was executed by the authorized representatives of the parties hereto on the date first hereinabove written. CITY OF CHULA VISTA By: Mayor ATTEST: City Clerk APPROVED AS TO FORM AND LEGAL ADEQUACY: City Attorney EASTLAKE DEVELOPMENT COMPANY a California limited partnership By: ~1 ~ l ~ 1'1'/' 'I 5 Iq(!.-~ State of California County of San Diego On ~ore me, MClMA ~ ' personally appeared . , personally known to (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument on the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. _ WITNEss my hand and official seal. Signature _ ~t:tMaJ ~ (Seal) @''''(10FFICIAlSEAI. 6, SILVANA 80AZEL . HOINlY PfJ/lllC'I'AlIFO~NIAL PRIN. C/PAl Off 'Cf IN . lIy CmrutJSAN DlfGO COO/Ii' r-.on (xPlres ~.fjb. 12. 199.i Iq~-'" 1211786.83' &: ~. SECURITY PACIFIC NATIONAL BA~ INTERNATIONAL BANKINQ QROUP EXHIBIT "A" Page 1 of '2.-_ 333 South Beaudry Avenue Letter of C~edit No. P.O. Box 92e90 Mei I Code W20-20 LOB Angele., Car iforniB 90017 Tele.: 67-4343 S.W.I.F.T.: SPNBUS66 We hereby issue ou~ Irrevocable Standby Credit Place and date of iosue Los Angeles, Ca. Date Bnd place of expi~v at/in LOS ANGELES, CA Beneficiary: CITY OF CHULA VISTA 276 4TH AVENUE CHULA VISTA, CA 92010 Applicant: EASTLAKE OEVELOPMENT COMPANY 14 CORPORATE PLAZA NEWPORT BEACH, CA 92660 Amount: U.S. Dollars Drawn on: Security Pacific.National Bank LOB Angel.., California Credit avai lable by payment against presentation of your d~aft(fi) at sinh and the document. detai led herein, together with the original of this L.tter of Credit and Amendments (if any). A STATEMENT SIGNEO BY THE CITY OF CHULA VISTA ("BENEnCIARY") STATING THAT: EASTLAKE DEVELOPMENT COMPANY ("DEVELOPER") IS IN DEFAULT ON PAYMENT UNDER THE PROVISIONS OF THAT CERTAIN CITY OF CHULA VISTA ASSESSMENT OISTRICT NO. LIMITED OBLIGATION IMPROVEMENT BONDS SECURITY ENHANCEMENT AGREEMENT BETWEEN THE CITY OF CHULA VISTA,AND EASTLAKE DEVELOPMENT COMPANY, A CALIFORNIA GENERAL PARTNERSHIP. It is a condition of this Letter of Credit that it shall be deemed automatically extended without amendment fo~ ONE YEAR f~om its cu~rent or future expiry date, unless not les5 than 60 days p~ior to its current or future expiry date, we shal t notify yuu by registered mai I receipt requested o~ overnight cou~icr .ervice, that we elect not to renew this Lette~ of C~edit for any additional period, at which time you may draw against thi!; Letter of Credit by presenting your draft. THE AGGREGATE AMOUNT OF THIS CREDIT SHALL BE FURTHER REOUCED AUTOMATICALLY AND IMMEDIATELY WITHOUT AN AMENDMENT, AT ANY TII1E, UPON RECEIPT BY US AT THE ABOVE ADDRESS OF A WRITTEN STATEMENT, SIGNED BY THE CITY OF CHULA VISTA ("BENEFICIARY"), IDENTIFYING THIS CREDIT, AND STATING THE AMOUNT OF SUCH REDUCTION. THIS CREDIT SETS FORTH IN FULL THE TERMS OF OUR UNDERTAKING AND SUCH UNDERTAKING SHALL NOT IN ANY WAY BE MODIFIED, AMENDED OR AMPLIFIED BY REFERENCE TO ANY DOCUMENT, INSTRUMENT OR AGREEMENT REFERRED TO HEREIN OR IN WHICH THIS CREDIT Is REFERRED TO, OR TO WHICH THIS CREDIT RELATES,AND ANY SUCH REFERENCE SHALL NOT BE DEEMED TO INCORPORATE HEREIN BY REFERENCE ANY DOCUMENT, I NSTRUMENT OR AGREEt1ENT. DraftCI> drawn under thil Lette~ of C~edit must bca~ the clause: Drawn under Secu~jty Pacific Bank Letter of Credit Number date(J We here-by engage with you that drafts drawn in strict compl ience with the terms of this credit and amendments Cif any) shal I meet with due honor upon pre.entatlon to us. Communication with respect to this letter of credit shs! I be in w~iting Iqc:.-~ 1211?86-83' f: ~. SECURITY PACIFIC NATIONAL BANK INTERNATIONAL BANKINQ GROUP Reference No. Page 2 and shal I be addressed to us at 333 South Beaudry Avenue, International Banking S.rvicer. (W20-20), Attontion: Letter of Credit Department, Los Angeles, Cal ifornia 90071, specifically referring to the numb"!r and date of this letter of credit. . This credit is subject to the Uniform Customs and Practice for Oocumentgr Credits (19B3 REVISION>, International Chamber of Commerce (I.C.C.> publ ication No. 400. --A~t~T~;d-~;t~;;-- I~a..-Cl CITY OF CHULA VISTA ASSESSMENT DISTRICT NO. 90-3 (EaslLake Greens - Phase I) TABLE OF ASSESSMENTS AND ESTIMATED LIEN RATIOS ESTIMATED PIIOl OUTSTANDING PUPATMENT ADJUSTED ASSESSMENTS I SPECIAL TAXES fUNDS TOTAL LIEN lATlO ASSESSOR'S CONf lIMED ESTIMATED LIEN lATlO ............................ AVAILABU lETTER (REDUCING ASSESSMENT PARCEL ASSESSMENT VALUE INCl\.R) I NG CfD'S NO I CIHJlA T IVE fROII lETTER Of CRED IT DEBT n l TR NO. IMIBER NOTE ACIES AD 90-] (NOTE I) 90-] ONlT AD 85-2 (NOTE 2) lIEN lATlO Of CRED IT (NOTE ]) Of CREO IT) ........... .............. ....... ......... ............... ............. ........... .............. ............. ........... ............... ........:..... ......:.=... \(]]5-391l 595-350-01 to NOTE 4 10.48 5401,180.56 51,560,000 : 18.84 S91,B21 SI40,BlI1 11.9] $0.00 SO.OO 11.93 595-350-6] 2 595-321-06 14.56 5B3,OO4.0] 10,920,000 T 1.IB.73 133,T40.3B 195,7ZB 1I.9B 0.00 0.00 1I_9B ](In-322) 595-360-01 to NOTE 4 22.40 944,388.66 15,950,000 I 16.B9 221,900.95 301,121 10.B7 0.00 0.00 10.B7 595-361-74 152,9BO 4 595-320-05 IT.]B 586,113.15 7,560,000 I 12.90 83,675.]1 9.19 0.00 0.00 9.T9 5(323-]34) 595-321-14 to NOTE 4 35.84 ',482,437.03 19,260,000 I 12.99 0.00 4BI,793 9.BI 0.00 0.00 9.BI 595-321-25 6 595-321-10 11.66 B59,142.15 12,580,000 I 14.64 145,435.64 156,744 10.B3 0.00 0.00 10.B3 7 595-320-06 5.1] 23B,446.7B 2,200,000 I I 9.2] 65,744.BlI 68,962 5.90 0.00 0.00 5.90 B 595-320-10 6.00 204,320.7B 4,050,000 I 19.82 96,625.04 80,657 10.61 0.00 0.00 10.61 9 595-]21-11 19.00 4,937,160.15 6,620,000 I 1.34 159,33B.l1 255,415 1.24 3,145,246.31 3,239,60].70 3.00 10 595'320-09 4.69 12I,1B5.83 70,000 I 0.5B 69,904.IB 63,047 0.2B 230,B03.7B 237,7Z7.90 3.00 II 595-320-07 5B.27 874,000 0.00 0 11 595-321-02 10.66 160,000 0.00 0 11 595-321-05 26.54 39B,OOO 0.00 0 II sunOTAl 911,220.04 ',432,000 1.57 0 1.57 433, BlI6. 71 446,903.31 3.00 ~ 12-119 595-330-01 t. NOTE 4 21.92 702,067.12 15,750,000 22.43 160,BlI6.67 294,668 13.61 0.00 0.00 13.1.1 595-331-22 tiJ 120-127 595-080-26 t. NOTE 4 19.27 915,OB1.93 13,685,000 14.95 T60,3n .67 259,044 10.25 0.00 0.00 10.25 ~ 595-0BO-33 H 12B-I68 595-]40-01 t. NOTE 4 14.66 257,B50.2B 9,000,000 34.90 69,904.IB 197,073 17.15 0.00 0.00 17 .15 1-3 595-340-19 - ~ 169 595-050-17 60.57 4,365.000 NOT A PAIT ..................................................................... 0 169 595-080-05 4.42 NA NOT A PART 169 595-0BO-13 263.39 16,310,000 NOT A PART 169 595-080-14 40.40 5,330,000 NOT A PAIT THE CUMULATIVE liEN RATIO Of ASSESSMENT PARCEL NO. 169 169 595-080-20 71.39 9,910,000 NOT A PAIT 169 595-080-21 15.2B 1,980,000 NOT A PAIT EXCEEDS 1:].00. fOR A DISCUSSION Of THE VALUE TO liEN 169 595-090-01 136.10 16,335,000 NOT A PART 169 595-090-09 57.62 6,225,000 NOT A PART lATIO Of ASSESSMENT PARCEL NO. 169 SEE THE PRECEEDING 169 643-020-19 17.04 NA NOT A PART 169 643-020-20 7B.BO 3,240,000 NOT A PART SUBSECTION ENTITLED "ESTIMATED liEN RATIOS - ESTIMATED 169 643'030-04 122.07 19,700,000 NOT A PART 169 64]-030-06 299.97 30,150,000 NOT A PART liEN lATIOS Of ASSESSMENT PARCEL NO. 169." 169 643-040,05 399.09 24,278,000 NOT A PART 169 643-040-06 45.86 NA NOT A PART 169 SUBTOTAL 7,346,1B9.13 137,B23,OOO ................................................................................................ 170 595-320-02 14.BlI 0.00 NA 0.00 0 171 595 -320-03 ].37 0.00 NA 0.00 45,303 172 595-320-04 22.46 0.00 NA 0.00 ]01,927 173 595-]20'0B 4.06 0.00 NA NOT A PART 0 174 595-321-07 3.20 0.00 NA 0.00 0 175 595-320-12 17.64 B04, 247.88 12,480,000 I 15.52 0.00 237,132 11.9B 0.00 0.00 1I.9B 176 643-040-07 150.00 1,058,391.50 7,020,000 I 6.63 NOT A PART 2,946,n4 1.75 1,665,165.50 1,715,120.46 3.00 ......... ..c............ ............. ......=....... ............. .....:......... .............. TOTAL 2,120.07 S22,352,427.00 S283,960,000 S1,45B,553.96 S6,179,249 S5,475,102.30 $5,6]9,355.37 NOTE 1 AS ESTIMATED IN TNE APPRAISAL REPORT, APPENDIX III. INCREASED VALUE RESUlTING fROM IMPROVEHENTS VAS NOT INCLUDED. NOTE 2 CHANGES AS IMPROVEMENTS OCCUR. ESTIMATED NET PRESENT VALVE Of TOTAL OBLIGATION AT A MAXIMUM ANNUAL TAX. NOTE 3 THE fUNDS AVAILABLE fROM THE LETTER Of CREDIT ARE INCREASED BY 3X TO CALCULATE THE ACTUAL lETTER Of CREDIT fOR CALL PROVISIONS AS STATED IN THE LETTER Of CREDIT AGREEMENT. THESE AMOUNTS ARE SUBJECT TO REDUCTION AND UILL IE ELIHINATED IF ASSESSMENTS ARE PREPAID IN FULL. NOTE 4: INfORMATION PROVIDED IS THE SUM OF ALL THE ASSESSMENTS CONTAINED VITHIN THE ORIGINAL ASSESSOR PARCEL NUKBER. UHICH HAS RECENTLY BEEN SUBDIVIDED TO INDIVIDUAL PARCELS. PRELIMINARY OFFICIAL STATEMENT ~V?- ~ - - - - r _ __ ~~~~ ~~~~ $22,352,427 CITY OF CllliLA VISTA LIMITED OBLIGATION IMPROVEMENT BONDS (1915 ACT) ASSESSMENT DISTRICT NO. 90-3 (EASTLAKE GREENS - PHASE I) The date of this Preliminary OfficiJIl Statement is July 9, 1991. ~~'" ) l I ~.5 C ~ en.!:! .- Q) 1) E"';:'- ._'C"C 'ii il.!! D:Q)~ ",.- .!!CI).J:: .c",u -",'" =.s:::fI) ..-,.. .c_" "'0.. ~~o u",,,, :i >-:J: -".. "'''- E",,,, ~.c.!!! ...Q):C '0. Cii::l o.c u ,,-'" -'" Qi c; CD .".c.c ,,"'- --- ~o'" ..;c:'C ",.." "''''''' E.o " .,,00 c--..:; "'-.. E~.!:! <oo:t: "'c'ii 0..", ,,-'" 00_ +=Oc::::o .!!oc Q.",;:l 0 ES"" 0,- .. u- u= ;; 00.- _"'C> tiQ)~ Q)=O '- - .cO_ '" 0 0=.C ","'c. -'" (003 ,,-- .-.. ~ "''''.. :v=- .co" ,,'" "'..", "'_.0 .5o-c ::!5"5 5'- 0 (,) 'is ~ c:.'t:: Q) O~1ii ..00 ""'- E",o 0-5 c ~O~ "'- .. .s:::Q)''5 - (1)._ "COO ,,-'" .. - - _G>Cii ,,== ",00 i~.I: _",U S-:::I (/).aCIJ .- .c 'iiUiu 'u c:c =83: 0_" ".- ~"''' ..Eo CQ,I.. "s a;.!:! =Ui~ '" .- -- - .....", en:!;! ";: :.2=0 " I- .. Preliminary Official Statement Dated July 9, 1991 New Issue In the opinion of Bond Counsel, under existing laws, regulations, rulings, andjudicial decisions, interest on the Bonds is exempt from State of California personal income taxes, is excluded from gross income for purposes of income taxation by the United States of America, and is not an item of tax preference for purposes of the alternative minimum tax imposed by the United States on individuals and corporations, subject to certain qualifications more particularly described in the section of this Official Statement entitled "TAX EXEMPTION. " COUNTY OF SAN DIEGO STATE OF CALIFORNIA $22,352,427 CITY OF CHULA VISTA LIMITED OBLIGATION IMPROVEMENT BONDS (1915 AC1) ASSESSMENT DISTRICT NO. 90-3 (EastLake Greens - Phase I) Dated: August 17, 1991 Due: September 2, as shown below The Bonds are issued pursuant to the Improvement Bond Act of 1915 and are secured by unpaid assessments levied in the assessment proceedings by the City of Chula Vista for Assessment District No. 90-3 undertaken pursuant to the Municipal Improvement Act of 1913. The Bonds will be issued as fully registered bonds without coupons in the denomination of $5,000 each or any integral multiple thereof, except for one Bond maturing in 1992 which may be in a principal amount other than $5,000. Interest on the Bonds will be payable semiannually on March 2 and September 2 of each year, beginning March 2, 1992. (The first interest payment will be made in part from Bond proceeds.) The principal of the Bonds is payable at the office of the Paying Agent, Bank of America, National Trust and Savings Association, Corporate Agency Division in Los Angeles, California, and interest thereon is payable by check or draft mailed to the respective registered owners. The Bonds will mature on September 2 of each of the years and in the amounts as shown in the following maturity schedule: - i - MATURITY SCHEDULE Principal Due Interest Principal Due Interest Amount Sent. 2 Rate Amount Sent. 2 Rate $ 267,427 1992 % $ 565,000 2000 % 355,000 1993 605,000 2001 380,000 1994 655,000 2002 405,000 1995 705,000 2003 430,000 1996 760,000 2004 460,000 1997 820,000 2005 490,000 1998 890,000 2006 525,000 1999 $14,040,000 % Term Bonds Due September 2, 2016 (plus accrued interest) Tbe maturity of any Bond may be advanced to any March 2 or September 2 and redeemed prior to its stated maturity date by the City Treasurer if there are sufficient funds available for that purpose. Notice of advanced maturity must be given at least 30 days prior to the date of such advanced maturity. Upon surrender and cancellation of any such Bond, the Treasurer will pay the principal thereof and the interest accrued thereon to the date of the advanced maturity (unless the Bond has been sooner surrendered), together with a premium as set forth herein. The Bonds are not secured by the general taxing power of the City of Chula Vista, the State of California or any of its political subdivisions. The interest on and principal of the Bonds are payable solely from moneys in the redemption fund established for the Bonds, and are secured by unpaid assessments as more fully described herein. See the section of the Official Statement entitled "SPECIAL RISK FACTORS" for a discussion of special factors which should be considered, in addition to the other matters set forth herein, in considering the investment quality of the Bonds. Tbe Bonds are offered, when, as and if issued, subject to the approval of Brown, Harper, Burns & Hentschke, San Diego, California, Bond Counsel. It is anticipated that the Bonds will be available for delivery in definitive form in San Diego, California on or about August 27, 1991. - ii - CITY OF CHULA VISTA San Diego County, California CITY COUNCIL Tim Nader, Mayor Leonard M. Moore, Member (Vacant), Member David L. Malcolm, Member Jerry R. Rindone, Member CITY OFFICIALS John D. Goss, City Manager Sid W. Morris, Asst. City Manager John P. Lippitt, Director of Public Works Clifford L. Swanson, City Engineer Bruce Boogaard, City Attorney Beverly A. Authelet, City Clerk Lyman Christopher, Director of Finance PROFESSIONAL SERVICES Bond Counsel Brown, Harper, Burns & Hentschke, San Diego, California Assessment Engineer Willdan Associates, San Diego, California Financial Consultant Kadie-Jensen, Johnson & Bodnar, Municipal Financing Consultants, Inc. San Diego, California (619) 296-1450 Paying Agent and Transfer Agent Bank of America, National Trust and Savings Association Corporate Agency Division, Los Angeles, California The information contained in this Official Statement was prepared under the direction of the City Council of the City of Chula Vista by Kadie-Jensen, Johnson & Bodnar, Municipal Financing Consultants, Inc., financing consultants in connection with tbe Bonds. The discussion and information herein relating to the Bonds, the Project, the Assessment District, the property owners and the City do not purport to be comprehensive or definitive. All references to the Bonds and the Project are qualified in their entirety by reference to the Engineer's Report and the City's resolutions, including the Bond Indenture, setting forth the terms and descriptions thereof. - iii- The information contained in this Official Statement has been compiled from sources believed to be reliable. The Official Statement contains estimates and matters of opinion which are not intended as representations of fact. This Official Statement is not to be construed as a contract with the purchasers of the Bonds. No dealer, broker, salesperson or other person has been authorized to give any information or to make any representations, other than as contained in this Official Statement, and if given or made, such other information or representations must not be relied upon as having been authorized by the City. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Bonds by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale. The information set forth herein has been obtained from the City of Chula Vista and other sources which are believed to be reliable but is not guaranteed as to accuracy or completeness, and is not to be construed as a representation of such by the City. The information and expressions of opinion stated herein are subject to change without notice. The delivery of this Official Statement shall not, under any circumstances, create any implication that there has been no change in the affairs of the City, the Project, the Assessment District or major property owners since the date hereof. This Official Statement is, however, final as of its date. The Bonds will not be rated. The Bonds are exempt from registration pursuant to the Securities Act of 1933, as amended, and the Bond Indenture is exempt from qualification under the Trust Indenture Act of 1939, as amended. The Bonds will not be listed on any stock or other securities exchange. Neither the Securities and Exchange Commission nor any other federal, state, or other governmental entity or agency will have passed upon the accuracy or adequacy of the Official Statement or approved the Bonds for sale. In connection with this Bond underwriting, the underwriter may over allot or effect transactions which stabilize or maintain the market price of the Bonds described herein at a level above that which might otherwise prevail in the open market. Such stabilizing, if commenced, may be discontinued at any time. The underwriter may offer and sell the Bonds described herein to certain dealers and dealer banks acting as agents at prices lower than the public offering prices and said public offering prices may be changed from time to time by the underwriter. The City of Chula Vista considers this Preliminary Official Statement to be "near final" within the meaning of Rule 15c2-12 promulgated under the Securities Exchange Act of 1934. - iv- TABLE OF CONTENTS INTRODUCTORY STATEMENT ....................................... . 1 THE BONDS ..................................................... 3 Description of the Bonds ......................................... 3 Authority for Issuance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3 Purpose of the Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3 Estimated Sources and Application of Funds ................. . . . . . . . . . . .. 4 Redemption Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4 Disposition of Surplus in the Improvement Fund .......................... 6 Covenants of the City Regarding Arbitrage and Rebate ...................... 6 Estimated Debt Service Schedule .................................... 7 SECURITY FOR THE BONDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8 Estimated Lien Ratios ........................................... 8 The Letter of Credit ........................................... 10 Reserve Fund ............................................... 12 Covenant for Superior Court Foreclosure . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 13 THE ASSESSMENT DISTRICT ........................................ 15 Description of Project .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 15 Location and Terrain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 15 Environmental Review. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 16 Method of Assessment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 17 Development Impact Fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 19 Land Use and Zoning .......................................... 19 The Acquisition Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 20 Land Ownership and Future Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 20 Prior Assessments and Community Facilities District Special Taxes. . . . . . . . . . . . .. 24 Tax Delinquency ............................................. 25 Assessment Diagram . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 25 Project Vicinity Map and the EastLake Development Map ................... 25 SPECIAL RISK FACTORS ........................................... 28 City Limited Obligations ........................................ 28 Tax Delinquencies ............................................ 28 Price Realized Upon Foreclosure ................................... 28 Bankruptcy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 29 Article XIII A of the California Constitution . . . . . . . . . . . . . . . . . . . . . . . . . . .. 29 Future Land Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., 29 Loss of Tax Exemption ......................................... 31 Concentration of Property Ownership ................................ 31 Parity Taxes and Special Assessments ................................ 31 - v - MISCELLANEOUS ................................................ 33 No Litigation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 33 Approval of Legality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 33 Tax Exemption .............................................. 33 No Rating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 33 Underwriting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 34 Financial Consultants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 34 Additional Information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 34 APPENDICES Appendix I: Appendix II: Appendix III: Appendix IV: The City of Chula Vista Assessment Diagram Excerpts from the Appraisal Report Form of Security Enhancement Agreement - vi- INTRODUCTORY STATEMENT This Official Statement is provided to furnish information relating to the City of Chula Vista, California (the "City" and the "State", respectively) in connection with the issuance of the City's $22,352,427 principal amount of Limited Obligation Improvement Bonds, Assessment District No. 90-3 (the "Bonds" or "Bond"). The Bonds are being issued pursuant to the Improvement Bond Act of 1915 and the assessment proceedings for Assessment District No. 90-3 (the "Assessment District") are being conducted pursuant to the Municipal Improvement Act of 1913. The proceeds from the sale of the Bonds will be used by the City to fund the acquisition of public works, including street, water, drainage and utility improvements, together with appurtenances and appurtenant work (the "Project"), to fund a special reserve fund (the "Reserve Fund"), to pay a portion of the interest due on the Bonds March 2, 1992, and to pay costs related to the issuance of the Bonds. The Project consists of water systems for the EastLake Greens Phase I area and adjacent areas and for the Olympic Training Center, reclaimed water facilities for EastLake Greens Phase I and major service lines to other areas in the EastLake development, full sewer service facilities to EastLake Greens Phase I and major sewer mains to adjacent areas and the Olympic Training Center, street and storm drain improvements for EastLake Greens Phases I and II and adjacent areas, and related improvements. The Project is a part of the 3,230 acre development of EastLake Development Company ("EastLake" or the "Landowner-Developer") providing some 8,900 residential units, 274 acres of industrial land, 103 acres of commercial/retail/office use and more than I, 100 acres of parks, recreation and open space. (Phase I of EastLake, including the first two neighborhoods known as EastLake Hills and EastLake Shores, was begun in 1985, residential home sales began in April 1986 and, by June 1990, some 1,825 homes had been built and sold.) Approximately 66% of this $22,352,427 Project is for the benefit of EastLake Greens Phase I, with the balance benefitting the remainder of the lands in the Assessment District. EastLake Greens Phase I opened to public sale on February I, 1991. By mid-June 1991,250 homes were under construction or completed and contracts for sale entered into with buyers for 150 of these with escrow having already closed on some sales. These homes have been sold at prices varying from approximately $180,000 to over $600,000 with an average price of approximately $230,000. (See the section entitled "THE ASSESSMENT DISTRICT - Land Ownership and Future Development - The EastLake Development. ") The City and EastLake, a major owner of land within the Assessment District with an option to purchase substantially all of the remaining land (from Western Salt Company) within the Assessment District, have entered into an agreement (the" Acquisition Agreement"), as provided for by the Municipal Improvement Act of 1913, which provides that upon completion of construction by the Landowner-Devel- oper of specified improvements, the City will initiate proceedings for the acquisition of such improve- ments and the City has done so. (See the section entitled "THE ASSESSMENT DISTRICT - The Acquisition Agreement. ") The Bonds are payable from the annual assessment installments collected on the regular property tax bills sent to owners of property having unpaid assessments levied against land benefitted by the Project. (See the section of the Official Statement entitled "SECURITY FOR THE BONDS. ") In the event of a delinquency in the payment of any installment of an assessment, the City will transfer from the Reserve Fund (established from Bond proceeds) to the extent funds are available in such Fund, to the fund from which principal and interest payments on the Bonds are made (the "Redemption Fund") the amount necessary to pay the next maturing installment of principal and interest on the Bonds. The Reserve Fund will be established in an amount equal to ten percent (10%) of the principal amount of the Bonds issued or Maximum Annual Debt Service on the Bonds or 125% of Average Annual Debt Service on the Bonds, - I - whichever is least. (See "SECURITY FOR THE BONDS - Reserve Fund. ") Additionally, the City has covenanted under certain circumstances to commence appropriate judicial foreclosure proceedings in the event of delinquencies. (See "SECURITY FOR THE BONDS - Covenant for Superior Court Foreclosure. ") Assessed parcels with value to lien ratios of less than 3: I (the "Deficient Parcels"), constituting approximately 32 % of the total assessment (see the section entitled "SECURITY FOR THE BONDS _ Estimated Lien Ratios"), are to be additionally secured by a Letter of Credit provided by a qualified bank in an initial principal amount of $5,639,355 (or cash is to be deposited in lieu thereof). In the event of any default in payment of an assessment due on any Deficient Parcel, the Letter of Credit provides funds payable unconditionally to the City to prepay assessments on all Deficient Parcels so as to increase value to lien ratios on such Parcels to at least 3: I based on then current appraisals. Bond owners should be aware that the amount of the Letter of Credit (or cash deposited in lieu thereof) may reduce over time as a result of an increase in property values as outlined in the section of the Official Statement entitled "SECURITY FOR THE BONDS - The Letter of Credit," and in Appendix IV. As authorized by Section 8769 of the Streets and Highways Code of the State, the City has deter- mined not to obligate itself to advance any available funds from the City Treasury to cure any deficiency or delinquency which may occur in the Redemption Fund by failure of property owners to pay annual special assessments. The Bonds are not general obligations of the City or of the State or any other political sub- division of the State, and neither the City nor the State has pledged its full faith and credit for the payment thereof. If a delinquency occurs in payment of any assessment installment, the City will have a duty only to transfer into the Redemption Fund the amount of the delinquency out of the Reserve Fund. There is no assurance that sufficient funds will be available from the Reserve Fund for this purpose. The Bonds are not rated and have a substantial degree of risk. See the section of the Official Statement entitled "SPECIAL RISK FACTORS" for a discussion of special factors which should be considered, in addition to the other matters set forth herein, in considering the investment quality of the Bonds. - 2 - THE BONDS Description or the Bonds The Bonds will be dated August 17, 1991 and will bear interest from that date at the rates and mature in the amounts and on the dates as previously set forth in this Official Statement. The Bonds will be issued as fully registered Bonds without coupons in the denomination of$5,OOO or any integral multiple thereof, except for one Bond maturing in 1992 which may be in a principal amount other than $5,000. The Bonds will be issued as serial and term bonds. Interest on the Bonds will be payable semiannually on March 2 and September 2 of each year commencing March 2, 1992. Principal of and premium, if any, on the Bonds is payable at the office of the Paying Agent, Bank of America, National Trust and Savings Association, Corporate Agency Division, Los Angeles, California, and interest thereon is payable by check or draft mailed to the respective registered owners as of the 15th day of the month preceding the interest payment date (each a "Record Date"), or upon the written request delivered to the Paying Agent by the applicable Record Date of a Bondowner of at least $1,000,000 in aggregate principal amount of Bonds, by wire transfer in immediately available funds to an account in the United States designated by such Bondowner. The Bonds are issued as fully registered bonds payable to the registered owners thereof. Transfer of ownership of a fully registered Bond or fully registered Bonds shall be made by exchanging the same for a new fully registered Bond or fully registered Bonds of the same maturity and in the same aggregate principal amount. All of such exchanges shall be made in such manner and upon such reasonable terms as may from time to time be determined and prescribed by the City in the Bond Indenture; provided, how- ever, that no such exchange shall be made during the 15 day period prior to the selection of any Bonds selected for redemption, or of any Bonds so selected for redemption. Authority ror Issuance The improvement proceedings for the Assessment District were initiated by adoption of the Resolution of Intention adopted by the City Council of the City of Chula Vista (the "City Council") on December 18, 1990. The proceedings are being conducted pursuant to Division 12 of the California Streets and Highways Code, the Municipal Improvement Act of 1913 (the" 1913 Act"). The Bonds will be secured by unpaid assessments levied against private property in the Assessment District in accordance with the provisions of the 1913 Act, and will be issued pursuant to Division I 0 of the California Streets and Highways Code, the Improvement Bond Act of 1915 (the" 1915 Act"). (The 1913 and the 1915 Acts are herein together referred to as the "Bond Law".) The City has adopted a resolution providing for the issuance of the Bonds pursuant to the Bond Law (the "Bond Indenture"). Purpose or the Bonds The Bonds are authorized for the purpose of providing funds for the acquisition of public improve- ments, including water systems for the EastLake Greens Phase I area and adjacent areas and for the Olympic Training Center, reclaimed water facilities for EastLake Greens Phase I and major service lines to other areas in the EastLake development, full sewer service facilities to EastLake Greens Phase I and major sewer mains to adjacent areas and the Olympic Training Center, street and storm drain improvements for EastLake Greens Phases I and II and adjacent areas, and related improvements, together with appurtenances and appurtenant work, as more fully described in the section entitled "THE AS- SESSMENT DISTRICT." - 3 - Estimated Sources and Application of Funds As described below, upon the sale of Bonds, a portion of the proceeds will be placed in the Improvement Fund and disbursed therefrom, as provided in the Bond Law, for acquisition and other costs, including planning and engineering work. A portion of the Bond proceeds equal to 10% of the principal amount thereof or Maximum Annual Debt Service on the Bonds or 125 % of Average Annual Debt Service on the Bonds (as those terms are defined in the section entitled "SECURITY FOR THE BONDS - Reserve Fund"), whichever is least, will be placed in the Reserve Fund, and a portion thereof (together with interest earnings thereon and special assessments collected by such date) sufficient to make the first interest payment on the Bonds (March 2, 1992) will be placed in the Redemption Fund. The Bond proceeds and funds collected in payment of assessments are estimated to be applied as follows: Sources of Funds Cash Collections Unpaid Assessments Less Bond Discount (2.0%)" $ 0 22,352,427 (447.049) Accrued Interest NET BOND PROCEEDS 21,905,378 49.345 $21,954,723 Aoolication of Funds Construction Acquisition Engineering, Testing and Inspection Administration and Management Legal and Financing . Reserve Fund (10%) Capitalized Interest Accrued Interest TOTAL APPLICATION OF FUNDS $16,047,582 3,190,138 273,799 109,441 2,235,243 49,175 49.345 $21,954,723 Redemption Provisions The Bonds may be called by the City Treasurer and redeemed in advance of maturity, from the sources of funds set forth below, on any March 2 or September 2 by giving notice at least 30 days prior to the date fixed for such advanced maturity as provided by the Bond Law and by paying to the registered owners the principal amount of the Bonds so redeemed, together with a premium equal to three percent (3 %) of such principal amount plus interest to the date of advanced maturity (or redemption), or, if any Bond is sooner surrendered, then interest to the date of payment of that Bond; provided, however, no premium will be paid upon any Term Bonds (as defined below) called and redeemed in advance of maturity from Mandatory Sinking Fund Payments. I. From Prevaid Assessments. The Bond Law (and the Bond Indenture) provide that after Bonds are issued a property owner may, at any time, pay all or part (in increments of $5,000) of the balance due on his assessment by depositing with the City Treasurer all or part of the unpaid assessment plus the interest thereon, plus the applicable premium thereon, plus the unpaid principal and interest posted on the current tax roll and any delinquent amounts and any costs of calling Bonds less the proportionate amount credited from the Reserve Fund (the "Prepaid Assessments"). Using these Prepaid Assessments the City . Estimated; subject to change. -4- Treasurer is required to advance the maturity of and redeem Bonds prior to their stated maturity dates in accordance with the provisions of the Bond Law. Development of parcels within the Assessment District and/or the application of moneys derived by the City from the letter of credit (see the section entitled "SECURITY FOR THE BONDS _ The Letter of Credit") could result in Prepaid Assessments. Any such Prepaid Assessments would result in the advanced maturity (i.e. redemption) of Bonds prior to their respective stated maturity dates. Redemption of Bonds from letter of credit moneys could be in a substantial amount. 2. From Mandatorv SinkinV Fund Payments. The Bonds maturing on September 2, 2016 (the "Term Bonds") are subject to mandatory sinking payment redemption in part on September 2, 2007 and on each September 2 thereafter to maturity, by lot, at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest to the date fixed for redemption, without premium, from sinking fund payments as follows: SINKING FUND REDEMPrION SCHEDULE FOR BONDS TERM BONDS MATURING SEPTEMBER 2.2016 Redemption Date Principal Amount (Se.ptember 2) To Be Redeemed 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 (Maturity) $ 960,000 1,035,000 1,120,000 1,215,000 1,315,000 1,425,000 1,540,000 1,670,000 1,805,000 1,955,000 3. From Refundinl! Bond Proceeds. Applicable law permits the City to cause the Bonds to be redeemed in advance of their respective maturity dates from the proceeds of refunding bonds issued pursuant to the Refunding Act of 1984 for 1915 Improvement Act Bonds. The City may issue and sell refunding Bonds without giving notice to or conducting a hearing for owners of property in the Assessment District or giving notice to the owners of the Bonds upon making certain relevant findings. The City has covenanted, however, that it will not issue such refunding bonds prior to September 2, 1999 for the purpose of refunding the Bonds maturing on or after September 2, 2000. Upon issuing refunding bonds, the City Council may require that the Bonds be exchanged for refunding bonds on any basis which the City Council determines is for the City's benefit, if the Bondowners consent to the exchange. As an alternative to exchanging the refunding bonds for the Bonds, the City may sell the refunding bonds and use the proceeds to pay the principal of and interest and redemption premium, if any, on the Bonds as they become due, or advance the maturity of the Bonds and pay the principal of and interest and redemption premium thereon, all without Bondowner consent. Fully registered Bonds issued in denominations greater than $5,000 will be subject to redemption and payment in advance of maturity in increments of $5,000. If less than the entire Bond is redeemed, a Bond representing the unredeemed portion shall be reissued to the registered owner thereof. - 5 - Determination of which Bond or Bonds are to be redeemed will be made by the City Treasurer in accordance with the Bond Law. In selecting a Bond for retirement, the City Treasurer shall select Bonds in such a manner that the ratio of outstanding Bonds to issued Bonds shall be approximately the same in each annual maturity and each annual sinking fund payment insofar as possible. Subject to the foregoing, Bonds to be redeemed within an annual maturity shall be selected by lot. Disposition of Surplus in the Improvement Fund Any surplus remaining in the Improvement Fund after completion of the Project (including payment of all claims) shall, in accordance with the Bond Law and the Bond Indenture, remain in the Improvement Fund for a period of two (2) years from the receipt of Bond proceeds and thereafter be applied as a credit to the assessment or, as an alternative, any portion of the surplus may be used to call and redeem outstanding Bonds, as the City Council may determine. Covenants of the City Regarding Arbitrage and Rebate The City has covenanted to take all actions necessary to comply with the provisions of the Internal Revenue Code of 1986, as amended, with respect to arbitrage and rebate of certain investment earnings on the proceeds of the Bonds to the United States of America, all as set forth in the Bond Indenture. - 6- Estimated Debt Service Schedule Set forth below is the estimated schedule for payment of debt service of the Bonds. Interest is estimated at an average annual rate of 8.14%. Actual interest rates for the Bonds will be determined at the time of sale thereof. CITY OF CHULA VISTA LIMITED OBLIGATiON IMPROVEMENT BONDS ASSESSMENT DISTRICT NO. 90-3 (EastLake Greens - Phase I) DEBT SERVICE SCHEDULE Maturity Debt Seotember 2 Princioal Interest Service 1992 $267,427 $1,850,443.35" $2,117,870.35 1993 355,000 1,760,380.00 2,115,380.00 1994 380,000 1,738,370.00 2,118,370.00 1995 405,000 1,714,050.00 2,119,050.00 1996 430,000 1,687,320.00 2,117 ,320.00 1997 460,000 1,658,080.00 2,118,080.00 1998 490,000 1,625,880.00 2,115,880.00 1999 525,000 1,590,600.00 2,115,600.00 2000 565,000 1,551,750.00 2,116,750.00 2001 605,000 1,509,092.50 2,114,092.50 2002 655,000 1,462,507.50 2,117,507.50 2003 705,000 1,411,417.50 2,116,417.50 2004 760,000 1,355,722.50 2,115,722.50 2005 820,000 1,294,922.50 2,114,922.50 2006 890,000 1,228,912.50 2,118,912.50 2007" 960,000 1,156,822.50 2,116,822.50 2008" 1,035,000 1,078,582.50 2,113,582.50 2009" 1,120,000 993,712.50 2,113,712.50 2010" 1,215,000 901,312.50 2,116,312.50 2011" 1,315,000 801,075.00 2,116,075.00 2012" 1,425,000 692,587.50 2,117,587.50 2013" 1,540,000 575,025.00 2,115,025.00 2014" 1,670,000 447,975.00 2,117,975.00 2015" 1,805,000 310,200.00 2,115,200.00 2016" 1.955.000 161.287.50 2.116.287.50 Totals $22,352,427 $30,558,028.35 $52,910,455.35 " Interest from the date of the Bonds to March 2, 1992. "" Mandatory Sinking Fund Payments on Term Bonds maturing September 2,2016. - 7 - SECURITY FOR THE BONDS The Bonds are secured by unpaid assessments levied against private property within the Assess- ment District pursuant to the assessment proceedings. Such unpaid assessments (together with interest thereon) and moneys in the Redemption Fund constitute a trust fund for the redemption and payment of the principal of and interest on the Bonds. Principal of and interest on the Bonds are payable exclusively out of the Redemption Fund. The Reserve Fund is also a trust fund for the benefit of the registered owners of the Bonds. (See the subsection entitled "Reserve Fund".) The Bonds are not secured by the general taxing power of the City, or the State or any political subdivision of the State, and neither the City nor the State has pledged its full faith and credit for the payment thereof. Under provisions of the 1915 Act, installments sufficient to meet annual payments of principal and interest on the Bonds are to be collected on the regular property tax bills sent to owners of property against which there are unpaid assessments. These annual installments are to be paid into the Redemption Fund which will be held by the City Treasurer and used to pay the principal of and interest on the Bonds as they become due. The installment billed against each property each year represents a pro rata share of the total principal and interest coming due on all of the Bonds that year. The amount billed against each property is based on the percentage which the unpaid assessment against the property bears to the total of unpaid assessments in the Assessment District. The failure of a property owner to pay an annual assessment installment will not result in an increase in assessment installments against other property in the Assessment District. Although the unpaid assessments constitute liens on assessed parcels, they do not constitute a personal indebtedness of the respective property owners. There is no assurance that property owners will be financially able to pay their assessments or that they will pay such assessment installments even if financially able to do so. In the event of delinquency in the payment of any installment of an unpaid assessment, the City will, to the extent that funds are available therein, transfer from the Reserve Fund to the Redemption Fund the amount necessary to pay the next maturing installment of principal and interest on the Bonds. In the event of delinquency in the payment of any installment of an unpaid assessment, the City also has covenanted to institute superior court foreclosure proceedings to enforce payment of a delinquent assessment installment. As authorized by Section 8769 of the Streets and Highways Code of the State, the City has determined not to obligate itself to advance any available funds from the City Treasury to cover any deficiency or delinquency which may occur in the Redemption Fund by failure of property owners to pay annual special assessments. (This determination by the City does not prevent the City, in its sole discretion, from so advancing such funds.) Estimated Lien Ratios Estimated lien ratios for each parcel in the District are set forth in this section in the following Table of Assessments and Estimated Lien Ratios, together with the amount of the appraised value and confirmed assessment for each parcel. The lien ratios are arrived at by dividing the appraiser's estimated value by the confirmed assessment amount. (For example, a 2: I lien ratio means that the estimated land value is two times the estimated assessment amount.) In all cases the "estimated value" includes the existing improvements to be acquired from Bond proceeds, but does not include, unless otherwise noted, the value of building improvements to be constructed on various parcels in the Assessment District. - 8 . The Appraisal Report, dated May 21, 1991, prepared by Kibbey Company, San Diego, California, is excerpted in Appendix III to this Official Statement. The complete Appraisal Report may be reviewed in the office of the City Clerk. The assessment parcels have been appraised to provide an estimate of value of the parcels in the Assessment District. It should be emphasized that the land value investigation and market analysis did not constitute a full appraisal of the parcels included in the Assessment District. The appraisal was deemed by the appraiser to be adequate for estimating the probable "not less than" value for each parcel. The Assessment District consists of 397 parcels of land, 369 of which have been assessed, the remaining parcels being devoted to schools, open space and similar recreational areas. Improvements constituting the Project have been substantially completed and are anticipated to be fully completed by late September 1991, and all assessed parcels are benefitted by such public improvements. The lien ratios on the assessed parcels (including prior assessments and CFD special taxes) range from 0.28:1 to 17.15:1 as shown in the Table of Assessments and Estimated Lien Ratios. Assessment Parcels Nos. 9-11 and 176, constituting approximately 32% of the assessed parcels (based on the amount of assessments levied), have lien ratios of less than 3:1. As discussed in the following section entitled "The Letter of Credit," each parcel with a lien ratio of less than 3:1 has been additionally secured by a letter of credit in an amount sufficient to insure that each such parcel meets the 3:1 lien ratio requirement based upon current appraisals. There is no assurance that, in the event of a foreclosure sale for a delinquent assessment install- ment, any bid will be received for such property or that any bid received will be sufficient to pay such delinquent installment. (See the section entitled "SPECIAL RISK FACTORS".) Prior Assessments: Special assessment improvements were made to certain parcels in the Assess- ment District in prior proceedings and the estimated prior assessments levied against such parcels presently outstanding are included in the lien ratios set forth in the Table of Assessments and Estimated Lien Ratios under the heading "Estimated Prior Outstanding Assessments and Special Taxes - AD 85-2." See the section of this Official Statement entitled "THE ASSESSMENT DISTRICT - Prior Assessments and Community Facilities District Special Taxes." Community Facilities District Debt: All of the property located within the Assessment District is also located within Community Facilities Districts ("CFD") No. I of both Chula Vista Elementary School District and Sweetwater Union High School District. Parcels within these two Community Facilities Districts boundaries are subject to Mello-Roos CFD special taxes which have been levied to secure CFD bonds. Except for Assessment Parcel No. 169 (discussed below), the amounts of such taxes are included in the Table of Assessments and Estimated Lien Ratios under the heading "Estimated Prior Outstanding Assessments and Special Taxes - CFD No.1." (Special taxes are estimated at a 9% net present value by using the maximum tax for fiscal year 1990-91 escalated by 2% for 25 years.) Estimated Lien Ratios of Assessment Parcel No. 169: Assessment Parcel No. 169 has not been included in prior special assessment proceedings but is currently subject to raw land special taxes under Category III of the CFD' s Special Tax Methodology. The Category III special tax is designed to provide additional security for CFD bonds issued by the CFDs. No Category III special taxes have been levied since the formation of the CFDs. Category III special taxes are not needed for debt service on existing outstanding CFD obligations. Current policy in each of the School Districts is not to issue future CFD obligations requiring the imposition of any such Category III raw land special taxes. As Assessment Parcel No. 169 is subdivided and final maps approved, such parcels will become subject to Category II special taxes and, when building - 9 - permits are issued, to Category I special taxes, both at a lesser rate than Category III. Characteristically, planning approvals result in substantial increases in land values. The estimated value to lien ratio on Assessment Parcel No. 169 excluding CFD potential special taxes is 18.76:1. If the CFD Category III maximum potential special tax liability is included, the estimated lien ratio is 3.49: I. The Letter of Credit By City policy, a minimum value to lien ratio of 3:1, including all assessments to be spread against a parcel and CFD debt, must be maintained on lands subject to special assessment or tax proceedings conducted by the City. As shown in the following Table of Assessments and Estimated Lien Ratios, of the 397 parcels located in the Assessment District, Assessment Parcels Nos. 9, 10, II and 176 have value to lien ratios, when prior special assessments and special taxes are added to the current assessment, of less than the requisite 3: I (the "Deficient Parcels"). In order to cure this deficiency, the City and the EastLake Development Company will agree, in a Security Enhancement Agreement, that, prior to the transfer of any of the Bond proceeds to EastLake in payment for acquisition of the Project by the City, EastLake Development Company, as LandownerlDeveloper, will obtain an unconditional letter of credit payable by a qualified domestic bank with a credit rating of "A" or better to the City of Chula Vista, on demand, in the amount of $5,639,355 (or will deposit cash in lieu thereof). This amount, used to prepay assessments on Deficient Parcels, would result in a 3: I value to lien ratio on all Deficient Parcels based upon current appraisals. The Agreement will further provide that the City may call the entire amount of the letter of credit any time that: (I) any Deficient Parcel fails to pay a levied assessment in a timely manner; (2) EastLake Development Company fails to renew the existing (or any future) letter of credit not less than 30 days prior to its annual expiration date; or (3) the issuing bank's rating is reduced below "A" and EastLake fails to obtain a substitute letter of credit from a qualified bank within 30 days thereafter. The City has agreed upon default in the payment of any assessment on any Deficient Parcel, to apply all monies received under the letter of credit (or cash deposited in lieu thereof) to prepay assessments on the Deficient Parcels so as to increase the value to lien ratio to 3: I or greater. EastLake or any successor owner may seek reduction in the amount of the letter of credit (or in any amount of cash deposited in lieu thereof) based upon an increase in the value of any Deficient Parcel, upon an appropriate finding by the City, equal to or greater than 3: lover the assessment and special tax obligations against such parcel. EastLake or any successor owner also may seek reduction in any letter of credit or substitute letter of credit when the successor owner provides a substitute letter of credit acceptable to the City and meeting its requirements. A copy of the proposed Security Enhancement Agreement between EastLake Development Company and the City is included as Appendix IV. The City has covenanted in the Bond Indenture to require minimum value to lien ratios of not less than 3: I in future financings involving assessment or special tax debt on lands located within the Assessment District. Additional assessments will not be approved by the City against any parcel(s) which would result in a value to lien ratio of less than 3: I unless additional letters of credit or comparable security enhancements are provided. For a discussion of additional future indebtedness which may adversely affect the lien to value ratios on the parcels securing the Bonds, see the section entitled "SPECIAL RISK FACTORS - Parity Taxes and Special Assessments." - 10- CITY OF CHULA VISTA ASSESSMENT DISTRICT NO. 90-3 (EastLake Greens - Phase I) TABLE OF ASSESSMENTS AND ESTIMATED LIEN RATIOS ESTIMATED PRIOR DUTSTANDING PREPATMENT ADJUSTED ASSESSMENTS l SPECIAL TAXES FUNDS TOTAL LIEN RATIO ASSESSOR'S CONFIRMED ESTIMATED LIEN RATIO ....---..................... AVAILABLE LETTER (REDUC I NG ASSESSMENT PARCEL ASSESSMENT VALUE I NCLUD I NG CFD'S NO I CUMULATIVE FROM LETTER OF CREDIT DEBT BT L TR NO. NUMBER NOTE ACRES AD 90-3 (NOTE II 90,3 ONLY AD 85.2 (NOTE 2) LIEN RATIO OF CRED IT (NOTE 3) OF CREO I T) ....=aa..s:II: .............. ..=.... ......... ............... ............. ........... .............. ............. .........:. ..........=:... ====-.:11:======= ===========: 1(335-397> 595'350-01 to NOTE 4 10.48 S401,180.56 $1,560,000 : 18.84 $91,821 $140,881 11.93 $0.00 $0.00 11.93 595-350-63 2 595'321-06 14.56 583,004.03 10,920,000 : -18.13 133,140.38 195,128 11.98 0.00 0.00 11.98 3(111-322) 595-360-01 to NOTE 4 22.40 944,388.66 15,950,000 16.89 221,900.95 301,121 10.81 0.00 0.00 10.81 595-361-14 4 595-320-05 11.38 586,113. IS 7,560,000 12.90 83,615.31 152,980 9.19 0.00 0.00 9.19 5(323-334) 595-321-14 to NOTE 4 35.84 1,482,431.03 19,260,000 12.99 0.00 481,193 9.81 0.00 0.00 9.81 595-321-25 6 595-321-10 11.66 859,142.15 12,580,000 14.64 145,435.64 156,144 10.83 0.00 0.00 10.83 7 595.320-06 5.13 238,446.78 2,200,000 9.23 65,744.88 68,962 5.90 0.00 0.00 5.90 8 595-320' 10 6.00 204,320.78 4,050,000 19.82 96,625.04 80,657 10.61 0.00 0.00 10.61 9 595-321-11 19.00 4,937,160. IS 6,620,000 1.34 159,338.11 255,415 1.24 3,145,246.31 3,239,603.70 3.00 10 595'320-09 4.69 12',185.83 70,000 0.58 69,904.18 63,047 0.28 230,803.78 237,727.90 3.00 II 595-320-07 58.27 874,000 0.00 0 II 595-321-02 10.66 160,000 0.00 0 II 595-321-05 26.54 398,000 0.00 0 I' SUBTOTAL 911,220.04 1,432,000 1.51 0 1.57 433,886.71 446,903.31 3.00 12-119 595-330-01 to NOTE 4 21.92 702,061.12 15,150,000 22.43 160,686.67 294,668 13.61 0.00 0.00 13.01 595 - 33 I - 22 - 120-127 595-080-26 to NOTE 4 19.27 915,081.93 13,685,000 14.95 160,311.67 259,044 10.25 0.00 0.00 10.25 - 595-080-33 128-168 595-340-01 to NOTE 4 14.66 257,850.28 9,000,000 34.90 69,904.18 197,013 11. IS 0.00 0.00 11. IS 595-340-19 169 595-050-11 60.57 4,365,000 NOT A PART ******************...****************************...*.*************** 169 595-080-05 4.42 NA NOT A PART 169 595-080-13 263.39 16,310,000 NOT A PART 169 595-080-14 40.40 5,330,000 NOT A PART THE CUMULATIVE LIEN RATIO OF ASSESSMENT PARCEL NO. '69 169 595-080-20 71.39 9,910,000 NOT A PART 169 595-080-21 15.28 1,980,000 NOT A PART EXCEEDS 1:3.00. FOR A DISCUSSION OF THE VALUE TO LIEN 169 595-090-01 136.10 16,335,000 NOT A PART 169 595-090-09 57.62 6,225,000 NOT A PART RATIO OF ASSESSMENT PARCEL NO. 169 SEE THE PRECEEDING 169 643-020-19 17.04 NA NOT A PART 169 643-020-20 78.80 3,240,000 NOT A PART SUBSECTION ENTITLED llESTIMATED LIEN RATIOS - ESTIMATED 169 643-030-04 122.07 19,700,000 NOT A PART 169 643'030-06 299.97 30,150,000 NOT A PART LIEN RATIOS OF ASSESSMENT PARCEL NO. 169.11 169 643-040-05 399.09 24,278,000 NOT A PART 169 643-040-06 45.86 NA NOT A PART '69 SUBTOTAL 7,346,169.13 137,823,000 ..**......******..*.**....***.****.********.*********************************.****************** 170 595-320-02 14.88 0.00 NA 0.00 0 171 595'320-03 3.37 0.00 NA 0.00 45,303 172 595-320-04 22.46 0.00 NA 0.00 301,927 113 595'320-08 4.06 0.00 NA NOT A PART 0 174 595-321 -07 3.20 0.00 NA 0.00 0 115 595.320-12 17.64 804,247.88 12,480,000 15.52 0.00 237,132 11.98 0.00 0.00 11.98 176 643-040'07 150.00 , ,058,391.50 7,020,000 6.63 NOT A PART 2,946,n4 1.15 1,665,165.50 1,715,120.46 3.00 =aea:eea_ .a======.sss:=: s=........... ...:=====:.... :=.....==.... =:z=:========:: ===:========== TOTAL 2,120.01 $22,352,421.00 S283,960,OOO $1,458,553.96 $6,179,249 S5,415,102.30 $5,639,355.37 NOTE I: NOTE 2: NOTE 3: NOTE 4: AS ESTIMATED IN THE APPRAISAL REPORT, APPENDIX III. INCREASED VALUE RESULTING FROM IMPROVEMENTS WAS NOT INCLUDED. CHANGES AS IMPROVEMENTS OCCUR. ESTIMATED NET PRESENT VALUE OF TOTAL OBLIGATION AT A MAXIMUM ANNUAL TAX. THE FUNDS AVAILABLE FROM THE LETTER OF CREDIT ARE INCREASEO BY 3X TO CALCULATE THE ACTUAL LETTER OF CREDIT FOR CALL PROVISIONS AS STATED IN THE LETTER OF CREDIT AGREEMENT. THESE AMOUNTS ARE SUBJECT TO REDUCTION AND WILL BE ELIMINATED IF ASSESSMENTS ARE PREPAID IN FULL. INFORMATION PROVIDED IS THE SUM OF ALL THE ASSESSMENTS CONTAINED WITHIN THE ORIGINAL ASSESSOR PARCEL NUMBER, ~HICH HAS RECENTLY BEEN SUBDIVIDED TO INDIVIDUAL PARCELS. Reserve Fund Pursuant to the 1915 Act and the Bond Indenture (and subject to the arbitrage requirements of Section 148 of the Internal Revenue Code of 1986, as amended), a Reserve Fund in an amount equal to the least of ten percent (10%) of the principal amount of the Bonds or Maximum Annual Debt Service on the Bonds or 125% of Average Annual Debt Service on the Bonds (as those terms are defined below) will be established from the proceeds of the sale of the Bonds. The Reserve Fund shall be maintained, used, transferred, reimbursed and liquidated as follows: (a) Whenever there are insufficient funds in the Redemption Fund to pay the next maturing installment of principal of or interest on the Bonds, an amount necessary to make up such deficiency shall be transferred from the Reserve Fund to the Redemption Fund. The amounts so advanced shall be reim- bursed from the proceeds of redemption or sale of the parcels for which payment of delinquent installments of assessments and interest thereon has been made from the Reserve Fund. (b) In the event an unpaid assessment is paid in cash in advance of the final Bond maturity date, the City is required to credit such Prepaid Assessment with a proportionate share of the Reserve Fund, thus reducing the total amount of the Reserve Fund. The amount to be so credited is ten percent (10%) of the original amount of the assessment being prepaid (Le., the original pro rata amount deposited in the Reserve Fund). (c) In the event that, after completion of the Project and payment of all claims from the Improvement Fund, the City determines to use all or part of any surplus remaining in the Improvement Fund to call Bonds (thereby reducing outstanding assessments and subsequent assessment installments), the City is required to cause the Reserve Fund to be reduced pursuant to the Bond Law to assure that the Bonds will not become subject to federal income taxation. (d) Interest earned on permitted investments of Reserve Fund moneys shall remain in the Reserve Fund to maintain it at an amount equal to the lesser of (i) the Maximum Annual Debt Service on the Bonds, (ii) ten percent (10%) of the principal amount of the Bonds outstanding, or (iii) 125 % of Average Annual Debt Service on the Bonds (the "Reserve Requirement"). The term "Maximum Annual Debt Service on the Bonds" means the sum of (I) the interest falling due on then outstanding Bonds, assuming that all then outstanding Bonds are retired as scheduled, and (2) the principal amount of then outstanding Bonds falling due by their terms, all as computed for the twelve-month period ending Septem- ber 2 in which such sum is largest. The term "Average Annual Debt Service on the Bonds" means the average of such sum during the term of the Bonds. The Treasurer shall determine if there is any amount in the Reserve Fund in excess of the amount required to be maintained therein as of June 30 of each year, and shall transfer any such excess to the Redemption Fund by July 15 of such year in the manner provided in Part 16 of the 1915 Act. (e) Any excess in the Reserve Fund transferred by the Treasurer to the Redemption Fund shall be used to advance the maturity of Bonds or credited towards unpaid assessments each year during which any part of the Bonds remain outstanding. The auditor's record prepared pursuant to Section 8682 of the Bond Law shall reflect credits against each of the unpaid assessments in the manner provided in Section 10427.1 of the Bond Law in amounts equal to each assessment parcel's proportionate share of any Reserve Fund disbursement. (t) Except as provided above, no Reserve Fund disbursement shall be made in any year in excess of the amount which would cause the Reserve Fund to fall below the Reserve Requirement. (g) All sums remaining in the Reserve Fund in the year in which the last installments of the assessments become due and payable shall be credited toward the assessments as follows: - 12- Prior to June 30th of the fiscal year next preceding the fiscal year in which the last unpaid assessment installment becomes due and payable, the City shall determine the amount remaining in the Reserve Fund, if any, after all sums advanced and interest thereon have been reimbursed, and shall order same to be distributed and/or credited in the manner set forth in Section 10427.1 of the Bond Law, provided only that where all or any part of such assessments remain unpaid and are payable in installments, the amount apportioned to each parcel shall be credited against the last unpaid assessment installment, then such excess shall be credited against the next to last unpaid assessment installment. The need to make advances from the Reserve Fund may result in its total depletion prior to reimbursement from resales of property or delinquency redemptions. In that event, there could be a delay in payments to owners of the Bonds. In the event there are insufficient funds to pay in full the amount owing and unpaid upon the Bonds, and the City Council determines that such shortage of funds will, in all likelihood, not be corrected (through sale or redemption of property), then the payment of such principal and interest shall be made ratably to the aggregate of such principal and interest then due without preference or priority of principal over interest, or of interest over principal, or of any installment of interest over any other installment of interest. Covenant for Superior Court Foreclosure In the event of delinquency in the payment of any installment of an unpaid assessment, the City Council is empowered to order institution of an action in the Superior Court of the State to foreclose the lien of such delinquent assessment, as authorized in the 1915 Act. In such action the real property subject to the delinquent unpaid assessment may be sold at judicial foreclosure sale. A judgment debtor (property owner) has 140 days from the date of service of the notice of levy in which to redeem the property to be sold. If a property owner fails to so redeem and the property is sold, his only remedy is an action to set aside the sale which must be brought within 6 months of the date of sale. If, as a result of such an action, a foreclosure sale is set aside, the judgment is revived and the judgment creditor is entitled to interest on the revived judgment as if the sale had not been made. The constitutionality of the aforementioned legislation (which repeals the one-year redemption period) has not been tested and there can be no assurance that, if tested, such legislation will be upheld. Although judicial foreclosure proceedings are not mandatory, pursuant to the Bond Indenture, the City will covenant with the registered Bondowners that it will cause to be commenced, and thereafter prosecuted, court foreclosure proceedings upon any parcel against which there is a delinquent unpaid assessment (plus costs, penalties and interest), as authorized by law. The Covenant provides that such foreclosure proceedings shall be commenced within 150 days following the date of such delinquency and that it will be diligently prosecuted to final judgment and sale. Commencement of such foreclosure proceedings may be deferred by the City, however, if funds are advanced to the Reserve Fund sufficient to maintain the Reserve Fund in amount equal to the Reserve Requirement. In the event a Superior Court foreclosure or foreclosures are necessary, there could be a delay in payments to owners of the Bonds pending prosecution of the foreclosure proceedings and receipt by the City of the proceeds of the foreclosure sale. It is possible that no bid would be received at the fore- closure sale, and in such event there could be additional delay in payment of the principal of and interest on Bonds or such payment may not be made in full. - 13 - See the section entitled "SPECIAL RISK FACTORS - Price Realized Upon Foreclosure" for a discussion of the certain circumstances under which property to be sold upon foreclosure may be sold for less than delinquent installments of principal and interest of an assessment. - 14- THE ASSESSMENT DISTRICT Description of Project The City has undertaken to conduct assessment district proceedings to provide for the acquisition of certain public improvements for the benefit of land within the Assessment District. The public improvements to be financed through these assessment district proceedings are the acquisition of public works, including water systems for the EastLake Greens Phase I area and adjacent areas and for the Olympic Training Center, reclaimed water facilities for EastLake Greens Phase I and major service lines to other areas in the EastLake development, full sewer service facilities to EastLake Greens Phase I and major sewer mains to adjacent areas and the Olympic Training Center, street and storm drain improvements for EastLake Greens Phases I and II and adjacent areas, and related improvements, together with appurtenances and appurtenant work and incidental costs and expenses related thereto (collectively referred to as the "Project"), all as more completely described in the Engineer's Report. For a more complete description of the work to be acquired constituting the Project, see the section below entitled "Method of Assessment." The Project is to be acquired pursuant to the Acquisition Agreement. See the subsection entitled "The Acquisition Agreement." Project work has been accomplished by the Landowner-Developer, EastLake Development Company, hiring various management personnel and subcontractors for grading and construction work. Location and Terrain Situated in the eastern part of the City east of Interstate 805 and west of Otay Lake, the Assessment District is irregular in shape, and generally bounded to the north by EastLake Hills, EastLake Shores and EastLake Business Park - Phase I and to the south by Orange Avenue, and is located on properties commonly referred to as the EastLake Greens, Trails, Woods, Vistas, Olympic Training Center and Business Center (Phase II). Total Assessment District area is approximately 2,112 acres, all within the city limits of the City. The Assessment District is hilly in terrain. Construction began on EastLake Greens, EastLake's third residential neighborhood, in the Fall of 1989. Build-out is expected to occur over the next six years. Planning on EastLake Trails has begun with completion of construction projected into the mid 1990s. EastLake Vistas and Woods and Phase II of the Business Center are part of EastLake Phase III. These areas have been annexed to the City and are part of the approved General Development Plan. Development is scheduled for the mid to late 1990s. In addition, the warm weather Olympic Training Center is currently under construction on a 150 acre parcel located within the Assessment District. Summary of Assessment Procedure Pursuant to the proceedings being used by the City for formation of the Assessment District, all costs are either estimated or ascertained prior to doing the work or making the acquisition of the improvements or property involved. Under such proceedings, the assessments are then levied, cash collections of the assessments made (the "Cash Collections") and Bonds sold to represent unpaid assess- ments. The money obtained from Cash Collections, if any, and Bond proceeds are used by the City to pay for the acquisition of public improvements, for the property or rights of way to be acquired and for incidental expenses. Proceedings can be initiated by either a petition or by the City Council without a petition. The Assessment District was initiated by a petition of EastLake Development Company, the Landowner-DeveI- - 15 - oper, and by Western Salt Company. The City and the Landowner-Developer then entered into the Acquisition Agreement establishing the terms for acquisition of the public improvements by the City. Thereafter, the Landowner-Developer caused the improvements to be constructed pursuant to the terms of the Acquisition Agreement. After commencement of construction of the improvements constituting the Project, the Assessment Engineer prepared a written report (the "Engineer's Report") which contains, among other things, the estimate of Project costs and the assessment for each parcel to be benefitted. The total amount of the proposed assessment was based upon the engineer's estimated cost of the Project. The individual assessments were spread among the various parcels of land within the Assessment District on the basis of the special benefit to be derived by each parcel from the Project. (See the "Method of Assessment" herein.) The Engineer's Report was filed and preliminarily approved by the City Council of the City on December 18, 1990. Thereafter, notice was published in a local newspaper designated by the City Council for that purpose. Notice was also posted along all of the open streets within the Assessment District. In addition, notice of the proposed assessment was mailed to each of the owners whose property was proposed to be assessed. The notices advised the property owners of the filing of the preliminary Engineer's Report, the date, time and place for the public hearing on the Project, the proposed assessments and the right to protest. The mailed notice also advised the property owners of the precise amount proposed to be assessed against their properties, as shown in the preliminary Engineer's Report. Property owners had the right to file written protests prior to or at the commencement of the hearing and to be heard at the hearing. No written protests were filed by any of the owners of land located within the District. A public hearing on these matters was held by the City Council of the City on January 22, 199 I. At the conclusion of the hearing, the City Council, after making any necessary modifications and overruling protests, adopted resolutions confirming the assessments, overruling protests and ordering the work. Confirmation and recordation of the Assessment Diagram in the Office of the Superintendent of Streets and filing with the County Recorder have occurred, and the assessments have become liens against the various assessed parcels. The property owners have been given published and mailed notice of the opportunity to pay all or a portion of the assessment in cash within 30 days of the recording of the assessment (the "Cash Collection"). The notice further advised the property owners that if a cash payment is not made, Bonds would be sold to represent unpaid assessments. The cash payment period ended February 22, 1991. Any property owner who paid an assessment during the Cash Collection period was entitled to a reduction in the amount of such assessment equal to that portion of the assessment that would otherwise be used for any underwriter's discount, and for the funding of the Reserve Fund. However, no such payments were made and Bonds are being issued in the full amount of assessments levied. Modifications to the Engineer's Report, essentially decreasing certain assessments and the total amount of the assessment requested and consented to by affected property owners, were approved by the City Council of the City on July 9, 1991. Environmental Review Final Supplemental Environmental Impact Report No. 86-4, (EastLake Greens SPA Plan and EastLake Trails Pre-Zone and Annexation), and Final Supplemental Environmental Impact Report No. 89-11 (EastLake III/Olympic Training Center) for the area in which Assessment District No. 90-3 is located have been completed and were certified by the City Council of the City and became final in June, 1989 and October, 1989, respectively, all in compliance with the California Environmental Quality Act ("CEQA") (Public Resources Code, Section 21000 et. seq.), as amended, the State CEQA Guidelines and the City's own local CEQA guidelines. - 16- Method of Assessment The law requires and the statutes provide that assessments, as levied pursuant to the provisions of the 19 \3 Act, must be based on the special benefits that the properties receive from the works of improvement. The statute does not specify the method or formula that should be used in any special assessment district proceedings. The initial responsibility for the identification of such method or formula rests with the Assessment Engineer, who is retained for the purpose of making an analysis of the facts and determining the correct apportionment of the assessment obligation. For these proceedings, the City retained the services of Willdan Associates, San Diego, California. The Assessment Engineer makes its recommendation at the public hearing on the Assessment District, and the final authority and action rests with the City Council after hearing all testimony and evidence presented at that public hearing. Upon the conclusion of the public hearing, the City Council must take the final action in determining whether or not the assessment spread has been made in direct proportion to the benefits received. Such action has now been taken and the assessment has now been confirmed in these proceedings. In allocating or "spreading" the costs of the Project, it is first necessary to identify the benefit that the public improvements will render to the properties within the boundaries of the Assessment District. In further making the analysis, it is necessary that the property owners receive a special and direct benefit as distinguished from a benefit to the general public. The overall benefit derived by the properties within the boundary of the Assessment District is construction of the public improvements, which will enable the properties to develop. The Public improvements include a water system, a sewer system, a reclaimed water line, dry utilities and street improvements. The properties within the Assessment District boundary are currently undeveloped. Because of the interrelationship of the various public improvements needed for future development, the assessment district funding and acquisition mechanism is an efficient way to fund, construct and acquire the improvements. The lands located within the Assessment District participating in the costs of the improvements, in whole or in part, are the properties commonly referred to as EastLake Greens, Trails, Woods, Vistas, Olympic Training Center, and Phase II of the EastLake Business Center. Residential land uses in these areas include residential estate, single family, condominium and multifamily units. Nonresidential uses include commercial, industrial, public, quasi-public and a golf course to be located in EastLake Greens. Master facility plans/studies prepared by NBS Lowry, an engineering and planning firm of Rancho Bernardo, California, for water, wastewater and reclaimed water were used as a basis for the spread methodology developed by the Assessment Engineer. Use factors established by these various studies were incorporated into the spread formula. Water Svstem. The water facilities funded in the Assessment District constitute two separate systems. The 710 pressure zone system will provide water service to the Olympic Training Center and the 980 pressure zone system will provide service to all other areas within the EastLake development. The 710 system facilities benefit the Olympic Training Center exclusively, therefore the cost for these facilities was spread to the Olympic Training Center only. (The system was designed for use by both offsite sources and the Olympic Training Center. However, only the minimum pipe sizes required by the EastLake development alone are funded in this Assessment District.) Additional facilities are required in the 710 system in order to provide full service to the Olympic Training Center. Such additional facilities are planned to be funded through future assessment districts as the construction is planned and completed. - 17 - The 980 water system facilities to be acquired through the Assessment District will extend full water service to the Greens I area of the EastLake development, as well as provide major trunk lines to the remaining areas. This "backbone water system" is the complete network of water mains that will provide equivalent water access to the Greens, Woods, Vistas, Trails and Business Center Phase II. In the Assessment District, the cost for this entire backbone system is spread to the benefitting properties by a water demand factor. However, the entire backbone system is not being constructed at the present time. The cost of the future facilities is credited back by the same water demand factor to those areas which do not receive 100% service. Those areas are EastLake Greens Phase II, Business Center Phase II, Woods, Trails and Vistas. EastLake Greens Phase I is the only area that is receiving 100% service and is therefore the only area not receiving any such credit. Reclaimed Water ImDrovements. The reclaimed water facilities acquired through the Assessment District will extend full reclaimed water service to EastLake Greens Phase I, as well as provide the major service lines to the remaining areas within the EastLake development. This ultimate reclaimed water system will provide a source of irrigation water for the parks, schools and open space areas within the EastLake development including the golf course and Olympic Training Center. The cost for the ultimate reclaimed water system is spread to the developments that benefit from the irrigated areas in proportion to the average demand of that area. For instance, private facilities, like the golf course and the Olympic Training Center, will bear the entire cost of their proportion of the reclaimed water system, whereas the regional park cost will be spread to the entire residential community. A credit analysis has been utilized since the entire system is not being constructed at the present time. The cost of the facilities to be constructed in the future are credited back by the same water demand rate to those areas that are not receiving 100% service. Those areas are EastLake Greens Phase II, Woods, Vistas, Trails, Business Center II and the Olympic Training Center. EastLake Greens Phase I is the only area that is receiving 100% service and is therefore the only area not receiving any credit. This method of assessing and crediting back the cost of facilities not yet constructed ensures that each parcel is assessed for its proportionate share of the entire system. The additional reclaimed water facilities to be constructed are planned to be funded in future assessment districts. Waste Water ImDrovements. The waste water facilities acquired through the Assessment District will provide full sewer service to EastLake Greens Phase I, as well as provide major sewer mains to the Greens Phase II, Woods, Vistas, Trails, and Olympic Training Center development areas. For assessment purposes, the system was divided into two separate drainage areas, the Telegraph Canyon Basin and the Salt Creek Basin. The Telegraph Canyon Basin system serves the Business Center and most of the Greens development. The Salt Creek System serves the Woods, Vistas, Trails, Olympic Training Center and portions of the Greens. At present there are no gravity sewer outlets within the Salt Creek Basin. The construction of a long-term sewage outlet is currently under investigation by the City of Chula Vista and the EastLake Development Company. In the interim, the waste water within the Salt Creek Basin will be pumped to the existing trunk sewer in Telegraph Canyon due to the availability of excess capacity in this line. In accordance with the agreement between EastLake Development Company and the City of Chula Vista, the Salt Creek pump station cost is assessed to the benefitting properties at a cost/EDU that does not exceed the expected costlEDU of EastLake's share of the future Salt Creek Basin gravity line. The cost of transmission lines and pump station within both the Telegraph Canyon and Salt Creek Basins are spread to the benefitting properties by Waste Water Flow Factors. Street and Storm Drain ImDrovements. Those streets and associated storm drain facilities acquired through the Assessment District are of specific benefit to EastLake Greens Phase I and EastLake Greens Phase II. These streets are designed in conjunction with major backbone streets which are under the Chula Vista Development Impact Fee ("DIF") program. (See the following section entitled "Development Impact Fees. ") The non-DIF streets to be acquired through the Assessment District are North Greensview Drive, Masters Ridge Road, Greensgate Drive, and Clubhouse Drive. The cost of these streets, and associated landscaping and storm drain facilities, is spread to the benefitting properties using an average - 18 - daily traffic (ADT) trip generation factor. The storm drain facilities funded are an integral part of the street network used to divert water from the street surface for safe travel. Therefore, the cost of storm drains is spread with the cost of streets using an ADT factor. These factors are based on land use and provide a uniform method of spread based on computer modeling by the San Diego Association of Governments. Street Imvrovements Elieible for Develovment Imvact Fee Credit. EastLake Parkway and Hunte Parkway, both four lane major streets, are two of a number of major streets required to be widened or constructed to provide a circulation system which will accept the cumulative number of trips generated by new development in the eastern area of the City of Chula Vista. Through the construction of these streets, another link in the overall major street network is completed, providing additional capacity in the overall circulation network. EastLake Parkway and Hunte Parkway, together with other major streets, are included within the City's Development Impact Fee ("DlF") program, a program for financing the major streets in the eastern area as described in the following section. The benefit to the properties within this program is that through each property's participation, it attains its share of capacity in the eastern area circulation street system. Since EastLake Parkway and Hunte Parkway are a part of this program, the same methodology used in the formulation of the DlF program is used in the Assessment District. The assessment levied against each such assessed parcel equals the amount of the DlF. A portion of the storm drain construction costs were not eligible for DlF credits and are included in the non-DIF street improvement spread in the Assessment District. Incidental Costs. The cost of incidentals has been spread proportionately over the various improvements in the direct proportion that the improvement bears to the total cost of improvements. Development Impact Fees In 1988 the City enacted an ordinance providing for a Development Impact Fee ("DlF") to finance major transportation (street) improvements to its rapidly developing "East Territories" area east of Inter- state 805, which includes Assessment District No. 90-3. Future development was analyzed according to traffic generation and all classes of such development were defined in Equivalent Dwelling Units ("EDU"). The fee per EDU was determined by dividing the total estimated cost of required facilities by total EDU. Developers may pay the DlF in cash or build required transportation facilities and receive a DlF credit. EastLake Development Company and other owners of land within the Assessment District have constructed approximately $5,815,373 DlF facilities (as shown in the Engineer's Report) which are being acquired by the City in this assessment proceeding. Additional DlF obligations of the Landowner-Developer will occur as other City designated DlF streets are constructed as part of EastLake. Parcels within the Assessment District benefitted by such additional street improvements may therefore be assessed in future proceedings (or the Landowner-Develo- per may simply pay the DlF to the City). See the section of this Official Statement entitled "SECURITY FOR THE BONDS - Estimated Lien Ratios." Land Use and Zoning The Assessment District area is covered by the City's General Plan, and as a Sectional Planning Area. The land located within the Assessment District is zoned Residential, Commercial, Retail, Office and Industrial. As a planned community, EastLake zoning is not implemented by strict application of such - 19 - standard classifications but rather through the use of comprehensive planning such as Planned Community Zoning Districts. A substantial portion of the land within the Assessment District is unimproved and part of the land has been graded with pads and other improvements installed. Construction of residences is occurring in EastLake Greens, Phase I. A substantial portion of developed land may be built upon in the future. For additional information on proposed land use, see the section entitled "Land Ownership and Future Development" below. The Acquisition Agreement California law authorizes the financing and construction of public improvements by a private party and the acquisition by a public agency of such improvements. EastLake Development Company, as the landowner/developer in the Assessment District, in order to proceed in a timely manner, has constructed such public improvements and has entered into an amended agreement, dated December 18, 1990, with the City (the "Acquisition Agreement") for purchase by the City of title to all of the improvements constituting the Project, including reimbursement to EastLake Development Company for costs of incidental expenses for preparation of plans and specifications and engineering services. The Acquisition Agreement further provides that upon sale of the Bonds, proceeds will be paid for the Project pursuant to written instructions executed by all persons having an interest in the land located within the Assessment District. Land Ownership and Future Development The following specific information regarding ownership of assessed parcels in the Assessment District has been provided by the respective owners of such parcels. This information is included because it may be relevant to an informed evaluation of the Project and the security for the Bonds. However, no assurance can be given that ownership of one or more of such parcels will not be changed or that the projects planned by such owners will occur. See the section of this Official Statement entitled "SPECIAL RISK FACTORS - Future Land Development." This information should not be construed to suggest that the Bonds or the assessments securing the Bonds are personal obligations of the property owners or the developers. The Assessment District is comprised of 397 parcels, 203 of which are owned by EastLake Development Company (the "Landowner/Developer"), by Western Salt Company under contract to sell to EastLake Development Company, or by Custom Homes Partners, Ltd., a partnership in which EastLake is the limited partner. (25 parcels have been assigned a zero assessment and three such parcels, Nos. 1, 3 and 5 are divided into other assessment parcels.) This direct and indirect ownership by EastLake represents some 1,880 acres of an Assessment District total of 2, 112 acres, which are assessed approximately $18,946,846 of the total assessment of $22,352,427. See the section of this Official Statement entitled "SPECIAL RISK FACTORS - Concentration of Property Ownership" for a discussion of the potential risks resulting from such concentration of ownership. EastLake DevelolJment ComlJanv of Chula Vista, 900 Lane Avenue, Suite 100, Chula Vista, California 91914, (619)421-0127, is the major developer and property owner of the EastLake Master-Planned Community and is a California partnership whose general partners are Daniel V, a California corporation, David V, a California corporation, and Boswell Properties, Inc., a California corporation. Daniel D. (Ron) Lane is the principal shareholder in Daniel V, and one of the principals and chairman of the Board of Lane/Kuhn Pacific, one of the residential developers of EastLake Planned Community. Mr. Lane received a Bachelor of Arts degree in real estate from the University of Southern California in 1956 and, for the past 29 years, has been the owner and president of three Lan Ron Companies. These companies have been engaged in the development of thousands of single family homes since 1960. David B. Kuhn, - 20- Jr. is the principal shareholder of David V, and is one of the principals and president of Lane/Kuhn Pacific. Mr. Kuhn graduated with top honors from the United States Military Academy at West Point in 1965. Mr. Kuhn was with the Irvine Company for over seven years and was responsible for many of the larger commercial/industrial developments on the 80,000 acre Irvine Ranch in south Orange County, California. Boswell Properties, Inc., a wholly-owned subsidiary of Boston Ranch Company, which is owned by J.G. Boswell Company, invests in real estate development. The LG. Boswell Company is a large agribusiness concern engaged primarily in the production of cotton, with real estate holdings and operations in the southwest United States and Australia. The J .G. Boswell Company has had extensive experience in community development including Sun City in Arizona (in conjunction with the Del E. Webb Company). Western Salt Comvanv, 7220 Trade Street, P.O. Box 149, San Diego, CA 92112, (619) 566-6600, is a California corporation, which acquired the 3,073 acre lanal Ranch (of which the Assessment District is a part) in the mid 1920's for agricultural purposes. Western Salt Company has been owned by H.G. Fenton Material Company since 1922 and specializes in the production of salt in San Diego County. Using a natural solar evaporation process, Western Salt harvests some 65,000 tons of salt annually. H.G. Fenton Material Company is one of the oldest and largest aggregate suppliers in San Diego with roots dating back to 1906, and is one of the larger private landowners in the San Diego area. The company employs nearly 600 people, all in San Diego, and, in addition to Western Salt Company, owns companies with interests in real estate, topsoil, concrete, and transportation. Western Salt Company currently owns approximately 1,552 acres (some 74%) of the land located within the Assessment District. Approximately 38% of the total assessment in these proceedings is levied on lands owned by Western Salt Company. Western Salt Company has agreed to retain ownership of such lands within the EastLake development, including those located within the Assessment District, until such time as needed for development by EastLake Development Company and has entered into an agreement, effective through 1994, whereby EastLake is obligated to pay all taxes and assessments on all such optioned land during the term of the agreement. Under the provisions of the agreement, EastLake Development Company has until December 31, 1994 to give Western Salt Company notice of an intent to exercise its option to purchase, and until January 31, 1995 to purchase those lands currently owned by Western Salt Company. These dates could be extended by mutual agreement of the parties. Absent any such extension(s) of time, it is EastLake's present intention to exercise its option in a timely manner. The EastLake Develovment EastLake Master-Planned Community ("EastLake") consists of 3,230 acres and is currently one of the largest master-planned communities in San Diego County and, when completed, the composition of the community is planned to include approximately 8,900 homes, 274 acres of industrial land, more than 103 acres of commercial/office/retail uses and over 1,100 acres of parks, recreational facilities and open space. EastLake is planned to have a population of approximately 22,000 at the completion of the 20 year development program, which began in 1985. EastLake's master plan includes eight thematically individual neighborhoods. Each neighborhood is planned to consist of distinct architectural styling, as well as amenities designed especially for each area. For example, EastLake Hills features country French and English style living. Amenities include a 13 acre swim/tennis club and school complex. EastLake Shores has a distinctive water-oriented lifestyle, featuring Mediterranean and Cape Cod architecture and including a 21.5 acre manmade lake and beach club facility, and the 823 acre EastLake Greens neighborhood will feature country club style living with homes built around an 18-hole championship caliber golf course. EastLake is classified as EastLake I, EastLake II and EastLake III. EastLake I (the initial phase of EastLake) was built over a five year period, which began in 1985. This phase consists of 876 acres, - 21 - _ ~___"____' .~_______ ...w _______._~m.._ including the first two residential neighborhoods known as EastLake Hills and EastLake Shores, where 1,823 homes have been built and sold. Residential sales for EastLake I started in April of 1986 with the last unit being sold in June of 1990. Also included in EastLake I is the EastLake Business Center, consisting of approximately 274 acres, and the EastLake Village Center, which when complete is planned to consist of 34 net acres of commercial/retail/office space and approximately 405 apartment units. The EastLake Business Center is complete and offers approximately 120 net acres of industrial property. To date, facilities range from incubator industrial space to a 380,000 square foot United Parcel Service distribution center. Current occupants in the Business Center include United Parcel Service, Creaser Price Insurance, Willig Freight Lines, Nellcor, Kaiser Permanente and North Island Federal Credit Union. EastLake Village Center, a 60 acre mixed-use commercial center, is planned to have retail, office, medical, institutional and entertainment areas, as well as multi-family housing. The Village Center contains developed lots for office (13 acres), commercial/retail (22.3 acres) and multi-family (18 acres) uses. Phase I will comprise 15 acres and approximately 158,000 square feet of retail/commercial space. It will also include approximately 405 apartment units. Phase II will include additional retail/commercial uses and development of up to three mid-rise office buildings. Civic uses planned include a transit center and a library. The second phase of EastLake, EastLake II, consists of approximately I, ISO gross acres and includes two additional neighborhoods, EastLake Greens and EastLake Trails, and the southern portion of the EastLake Village Center. The EastLake Village Center is discussed above. EastLake Greens and Trails is discussed in the following subsection. A third phase of EastLake, EastLake III, has been annexed to the City and has an approved General Development Plan. Currently, the property described as EastLake III is owned by Western Salt. The EastLake Development Company intends to purchase this land from Western Salt no later than December 21, 1994. When developed in the mid to late 1990's, EastLake III is planned to include two additional residential neighborhoods (EastLake Vistas and EastLake Woods) and Phase II of the EastLake Business Center. In addition, the first warm weather Olympic Training Center in the United States is being constructed on a ISO acre parcel ofland leased by Western Salt Company to the San Diego National Sports Training Foundation, working in conjunction with the United States Olympic Committee. (When EastLake purchases this land from Western Salt in 1994, the land is to be donated to the Foundation.) The EastLake master plan depends heavily on the creation and development of planned open space and park and recreation facilities. Existing and planned open space and park and recreation facilities include six neighborhood parks within EastLake I including major recreational facilities: EastLake Hills Swim and Tennis Club, a private 2.8 acre park with a junior Olympic swimming pool, spa, children's play area, picnic area and lighted tennis courts; EastLake Shores Beach Club, a private park with 21.5 acres, including a 13 acre lake, boat launching and fishing facility, swimming lagoon, sand beach with volleyball and picnic facilities, meeting facilities and restrooms; three neighborhood parks include Ashbrook Park, Shorebird Park and Cobblestone Park; and 7 acre Scobee Park in the EastLake Business Center, an employee recreation and fitness center with softball, soccer, basketball and volleyball areas, restroom and locker facility, picnic area and par course. Within EastLake Greens, EastLake Community Park, a 13 acre Chula Vista community park, will be created adjacent to the future EastLake High School. An additional II acre park site adjacent to the elementary school site is planned. Both parks will include lighted softball and soccer fields, children's play apparatus and picnic areas. In addition, three private 3 to 4 acre neighborhood parks will be developed in the EastLake Greens neighborhood. - 22 - At the present time, two schools are operational or being built in EastLake. EastLake Elementary School in EastLake Hills, which is adjacent to the Swim and Tennis Club facilities and a neighborhood park, opened in May 1990. The four-year development program on EastLake High School has begun. Grading was completed on the site in summer 1989, with building construction begun in Fall 1990. The first phase of the four-year high school will include 43 teaching stations that will accommodate 1,200 students with classes scheduled to start in Fall 1992. Phase II is expected to be complete by Fall 1994 and will increase enrollment capacity to 2,400. EastLake Greens and Trails EastLake Greens is proposed to include a variety of housing, ranging from conventional single- family homes to stacked units. Approximately 2,774 residences are planned for the EastLake Greens neighborhood, ranging in price from $100,000 to $600,000. A 160 acre, 18 hole golf course, designed by Ted Robinson, winds through the residential area of EastLake Greens, providing a major visual and recreational amenity. In addition, neighborhood parks, a community park, a high school and elementary school, and a 15th acre neighborhood shopping center are proposed. Construction began on EastLake Greens Phase I in the Fall of 1989 and home sales began February I, 1991. By mid-June 1991, 250 homes were under construction or completed and contracts had been signed with home buyers for 150 of these with escrow having closed on some sales. Home sales prices have ranged from approximately $180,000 to over $600,000, with an average of approximately $230,000. Build-out of the neighborhood is planned to occur over a six year period. Phase I of EastLake Greens is planned to include seven home types, utilizing some five builders, and an exclusive gate-guarded custom lot project. The balance of EastLake Greens will be phased in over a five to six year period and is planned to include more than 12 home types. The golf course opened for play, following a complete growing season, on June 22, 1991, with the 13,000 square foot clubhouse facilities designed by Robert Alteavers, proposed to open in early 1992. Initially, the golf course will be open for public play. Planning on EastLake Trails has commenced. The neighborhood is expected to be started in the mid-1990's. EastLake Community Park, a 13 acre major Chula Vista public community park, as well as another II acre public neighborhood park will be included in EastLake Greens for use by the public and by EastLake Greens residents. EastLake Community Park will start construction in the Fall of 1991 with completion of the ball fields and community center scheduled for mid-1992. The II acre public park is planned for construction in 1993. Three additional neighborhood parks, Augusta Park (completed), Country Club Park and South Park, will be owned and maintained by the EastLake II community association for use exclusively by Eastlake Greens residents. A community trail system, which presently includes off-street trails and special landscaping, will link EastLake Greens with the community's first two neighborhoods, EastLake Hills and EastLake Shores. As previously discussed, construction on the 48.6 acre EastLake High School was begun in Fall 1990. Plans also call for a second elementary school to be built on a 10 acre site in EastLake Greens. The Owner-Builders Century American Corooration, 1428 East Chapman Avenue, Orange, CA 92666, (714) 770- 7707, is a southern California real estate developer concentrating on sites in large master-planned communities, producing 300-400 residential units per year. Projects are located in Orange, Riverside, Los Angeles, and San Diego Counties, and have involved some $157,500,000 since 1979. Roger C. - 23 - Hobbs is president of the corporation, as well as R. C. Hobbs Development Company, Hobbs Construction Company and La Cuesta Management Company. Century American owns Assessment Parcels Nos. 12 through 119 (Fairway Ridge) and Nos. 120 through 127 (Fairway Villas). Century American plans to build two home products within EastLake Greens. Fairway Villas is to consist of 158 single family attached townhomes in four floor plans. Fairway Ridge will include 96 executive single family detached homes. Both products will be situated in close proximity to the golf course. Custom Homes Partners. Ltd., 900 Lane Avenue, Suite 100, Chula Vista, CA 92013, (619) 421- 0127, is a California limited partnership comprised of David S. Minter Co., a California corporation, as General Partner, and EastLake Development Company, as Limited Partner. Custom Homes Partners, Ltd. owns Assessment Parcels No. 144, 145, 154 and 155 and initially has built four custom homes in the project called Augusta Place. EastLake Development Company also has available 36 additional lots for sale to individuals wishing to construct custom homes. Davidson Communities, 12520 High Bluff Drive, Suite 300, San Diego, California 92130, (619) 481-8500, is a San Diego based corporation, founded in 1978, specializing in residential housing projects primarily in San Diego County. Projects include Alcala de Rancho Santa Fe, Blackhorse La Jolla and Sienna Canyon in Encinitas, California. Davidson Communities owns Assessment Parcel No. 175. Davidson Communities plans to construct 105 single family detached, two-story homes called Maracay at EastLake Greens. Nearly 50 percent of these homes will feature golf course frontage. Fieldstone Communities. Inc., 5465 Morehouse Drive, Suite 250, San Diego, CA 92121, (619) 546-8081, a San Diego based California corporation, is one of the highest ranked homebuilders in San Diego County. Fieldstone is noted for projects which attract campouts of interested home buyers. Fieldstone Communities, Inc., owns Assessment Parcels No. 335 through 397, and Nos. I and 2. Fieldstone Communities, Inc. is planning to build 147 single family detached homes called Fieldstone Tamarisk at EastLake Greens. Lane/Kuhn Pacific Homes, 14 Corporate Plaza, Newport Beach, CA 92660, (714) 640-5251, the homebuilding sister company of EastLake Development Company, is a California general partnership comprised of Daniel VI, Inc., David VI, Inc., and Boswell Properties, Inc.. These are substantially the same general partners as those of EastLake Development Company and are described previously in this section. Lane/Kuhn Pacific Homes Limited Partnership No. I (with Lane/Kuhn Pacific Homes as a General Partner and EastLake Development Company as a Limited Partner) owns Assessment Parcels Nos. 3(177-322) and 5(323-334). Lane/Kuhn will construct two home products within EastLake Greens. The Masters Collection at EastLake Greens is to include 214 duplex homes in four floor plans. The Vintage at EastLake Greens is to consist of 142 detached homes in four floor plans. Prior Assessments and Community Facilities District Special Taxes The assessment (and any reassessment) and each installment thereof and any interest and penalties thereon constitute a lien against the lots and parcels of land on which they were imposed until the same are paid. Such lien is subordinate to all fixed special assessment and/or Community Facilities District special tax liens previously imposed upon the same property, but has priority over all existing and future - 24- private liens and over all fixed special assessment liens which may thereafter be created against the property. Such lien is coequal to and independent of the lien for general taxes and Community Facilities District special taxes. The City reports that there are outstanding special assessment liens and special taxes previously levied on property located within the Assessment District. A prior 1913/1915 Act assessment proceeding for Assessment District 85-2 (EastLake) resulted in the levy of assessments against some of the parcels located in the Assessment District which are included as Estimated Prior Assessments shown in the Table of Assessments and Estimated Lien Ratios in the section entitled "SECURITY FOR THE BONDS - Estimated Lien Ratios." In addition, two prior Community Facilities Districts, Nos. I, resulted in the imposition of special taxes on each of the parcels located in the Assessment District which are included as Estimated Prior Special Taxes shown in the Table of Assessments and Estimated Lien Ratios. The prior assessments and special taxes are combined with the assessments levied in these proceedings for Assessment District No. 90-3 in calculating the lien ratios on such parcels. Potential future special assessment and Community Facilities District Special Tax debt and the resulting tax liens are discussed in the section of the Official Statement entitled "SECURITY FOR THE BONDS - Estimated Lien Ratios," and "SPECIAL RISK FACTORS - Parity Taxes and Special Assess- ments. " Tax Delinquency As of July 8, 1991, all property taxes upon land located within the Assessment District had been paid in full and no tax delinquencies existed. Assessment Diagram A copy of the Assessment Diagram for Assessment District No. 90-3 is included in Appendix II. Project Vicinity Map and the EastLake Development Map The following are a Vicinity Map for the Project and a neighborhood map showing the location of the constructed and proposed residential, commercial and industrial areas of the EastLake development. - 25- VICINITY MAP Escondida Rancho Sante Fe Del Mar '. ~~ .." ~... ;, &. ~ ... c;. t ~EASTlAKE M , , +' -I XI / >)- ! ! I c o Cinti &~ (619lm.181~ - 26 - ~c:~ NEIGHBORHOODS Salt Creek Ranch EastLake Village Center II EastLake Greens EastLal~e Business Center II EastLake Woods East EastLake Village Center III EastLake Woods West EastLake Hills EastLake Shores EastLake Business Center 1 EastLake Village Center I EastLake Trails EastLake Vistas EastLake Terraces EastLake Village Center IV Olympic Training Center ... fASTLAKE A PLANNED COMMUNITY BY EASTlAKE DEvaOPMENT Co. - 27 - ~Cinti &~ s...CMlP.CA6'1111:r.n,I8~ ill:\1r-=1 11/28/88 I l=i : SPECIAL RISK FACTORS City Limited Obligations The City's legal obligations with respect to any delinquent assessment installments are solely (I) advancing available funds from the Reserve Fund to the Redemption Fund, and (2) instituting judicial foreclosure proceedings, all as set forth in Resolutions of the City and in the Bond Indenture. As discussed in the "SECURITY FOR THE BONDS" section herein, in the event of a delin- quency in payment of any unpaid assessment installment, the City has no obligation to advance to the Redemption Fund funds of the City, to purchase land at the delinquent assessment foreclosure sale, in the absence of any bidder at a foreclosure sale, or to pay future delinquent installments of assessments or interest thereon. Tax Delinquencies Under provisions of the Improvement Bond Act of 1915, assessment installments from which funds necessary for the payment of annual installments of principal of and interest on the Bonds are derived will be billed to properties against which there are unpaid assessments on the regular property tax bills sent to owners of such properties. Such assessment installments are due and payable, and bear the same penalties and interest for nonpayment, as do regular property tax installments. Therefore, the unwillingness or inability of a property owner to pay regular property tax bills as evidenced by property tax delinquencies may also indicate an unwillingness or inability to make regular property tax payments and assessment installment payments in the future. See the sections of the Official Statement entitled "SECURITY FOR THE BONDS", "Reserve Fund" and "Covenant for Superior Court Foreclosure", for provisions which apply, and procedures which the City is obligated to follow, in the event of a delinquency in the payment of assessment installments. Price Realized Upon Foreclosure Amendments to the Bond Law enacted in 1988 and effective January I, 1989 provide that under certain circumstances property may be sold upon foreclosure at a lesser Minimum Price or without a Minimum Price. "Minimum Price" as used in the Bond Law is the amount equal to the delinquent install- ments of principal or interest of the assessment or reassessment, together with all interest penalties, costs, fees, charges and other amounts more fully detailed in the Bond Law. The court may authorize a sale at less than the Minimum Price if the court determines, based on the evidence introduced at the required hearing, any of the following: (I) Sale at the lesser Minimum Price or without a Minimum Price will not result in an ultimate loss to the Bondowners. (2) Bondowners of 75 percent or more of the Outstanding Bonds, by principal amount, have consented to such sale and the sale will not result in an ultimate loss to the nonconsenting Bondowners. (3) Bondowners of 75 percent or more of the Outstanding Bonds, by principal amount, have consented to the petition and all of the following apply: a. By reason of determination pursuant to the Bond Law, the City is not obligated to advance available funds to cure a deficiency (the City made such a deter- mination not to be so obligated with respect to the Bonds). b. No bids equal to or greater than the Minimum Price have been received at the foreclosure sale. - 28- c. No funds remain in the Reserve fund. d. The City has reasonably determined that a reassessment and refunding proceeding is not practicable, or has in good faith endeavored to accomplish a reassessment and refunding and has not been successful, or has completed reassessment and refunding arrangements which will, to the maximum extent feasible, minimize the ultimate loss to the Bondowners. e. No other remedy acceptable to Bondowners of 75 percent or more of the Out- standing Bonds, by principal amount, is reasonably available. Bankruptcy The payment of property owners' assessment installments and the ability of the City to foreclose the lien of a delinquent unpaid assessment, as discussed in the section herein entitled "SECURITY FOR THE BONDS", may be limited by bankruptcy, insolvency, or other laws generally affecting creditors rights or by the laws of the State relating to judicial foreclosure. The various legal opinions to be delivered concurrently with the delivery of the Bonds (including Bond Counsel's approving legal opinion) will be qualified, as to the enforceability of the various legal instruments, by bankruptcy, reorganization, insolvency or other similar laws affecting the rights of credi- tors generally. Although bankruptcy proceedings would not cause the assessment liens to become extinguished, bankruptcy of a property owner could result in a delay in prosecuting Superior Court foreclosure proceed- ings. Such delay would increase the likelihood of a delay or default in payment of the principal of and interest on the Bonds, and the possibility of delinquent assessment installments not being paid in full. Article XIII A of the California Constitution Enactment of Article XIII A of the California Constitution and subsequent legislation effectively repealed the otherwise mandatory duty of an issuer of bonds pursuant to the Improvement Bond Act of 1915, to levy and collect a special tax in an amount necessary to pay delinquent assessment installments, but not to exceed $.10 on each $100 of assessed valuation of taxable property within the jurisdiction of the issuer of Bonds in any year, if surplus funds are not available to cover such delinquencies. Future Land Development The information regarding ownership and private development of assessed parcels in the Assess- ment District as contained in this Official Statement has been provided by the respective owners of such parcels. This information is included because it may be relevant to an informed evaluation of the Project and the security for the Bonds. However, no assurance can be given that ownership of one or more of such parcels will not be changed or that the projects planned by such owner will occur. This information should not be construed to suggest that the Bonds or the assessments securing the Bonds are personal obligations of the property owner or the developer. See the section entitled "THE ASSESSMENT DIS- TRICT - Land Ownership and Future Development." In addition, there are two specific matters involved in the EastLake development of the various projects and parcels of land located within the Assessment District which could adversely affect projected development: 1. SR 125 Interim Facility Construction. The Assessment District is bounded in part to the west by proposed State Route 125. The City of Chula Vista has recently stated that if current approved Tentative Maps within the City, including those of EastLake, are built out as proposed and no interim (or - 29- permanent) construction of SR 125 is concurrently completed, the City's transportation system would be at full capacity. If this situation did, in fact, occur, development within the City, including that within the Assessment District, could be stopped until traffic congestion mitigation measures were implemented. In order to avoid such a result, the City estimates that such an interim SR 125 improvement will need to be completed and in service sometime during 1995-96. With regard to the Assessment District, the area within EastLake Greens and the Olympic Training Center have approved Tentative Maps. Other areas (EastLake Trails, Vistas, Woods and Business Center Phase II) do not have approved Tentative Maps and, unless other traffic mitigation measures are identified and implemented, development of the SR 125 interim facility will be a requirement for development of these areas. As discussed previously (see the Section entitled "THE ASSESSMENT DISTRICT - Development Impact Fees"), the City of Chula Vista has established a Transportation Development Impact Fee ("DIF") program which collects transportation development fees from all development within the City east of Interstate 805. This area includes the EastLake development. Funding for an interim SR 125 project from San Miguel Road to Orange Avenue is included in the City's DIF program. The City has acknowledged, however, that even though the interim SR 125 project is included in the transportation DIF program, insuftlcient funds for the project will have been collected to construct the roadway by 1995-96. The City is currently in the consultant selection process for a study which will recommend a funding sys- tem/mechanism and interim SR 125 configuration which would meet anticipated development transportation requirements. It is the City's intent to make ordinance revisions which will implement the funding program recommended by the consultant. The California Department of Transportation has completed a substantial part of the environmental studies for the SR 125 project. The completion of the environmental work has been transferred to California Transportation Ventures, Inc. ("CTV"), a private corporation which has been awarded a franchise by CalTrans to finance and develop a toll road to meet the SR 125 requirement. CTV indicates that the EIR Final Report will be completed by the first quarter of 1993. However, local opposition to such a toll road may impair CTV's ability to complete the project. The existing residents in the Sweetwater Valley area (San Miguel Road) have voiced opposition to the toll road. In addition, local City and State politicians have not embraced the "toll road" concept. Several bills are currently pending in the State legislature which would impair CTV's ability to develop a toll road project. 2. Water Allocations. The EastLake development (including the land located in the Assessment District) is served by Otay Water District. The Water District established a temporary water allocation program in June 1989 to allow for a steady level of growth pending development of terminal water storage facilities so as to maintain a five-day storage capacity with an ultimate goal of a lO-day storage capacity. (The program is scheduled to remain in effect until a second pipeline to southern San Diego County is completed, currently scheduled for late 1994.) The current water allocation program allows for connections for 1,900 Equivalent Dwelling Units ("EDUs") annually. These EDU connections are allocated pro rata quarterly, with 325 available for single family detached residences and 150 for single family attached residences and/or commercial. The Water District has adopted (and amended) a comprehensive and complex set of rules governing request for and distribution of these water allocations. In the event required water allocations are unavailable to the Developer, the ability to develop all or a portion of the areas within the Assessment District would be impaired. EastLake has been involved in the water allocation program since its inception and, to date, has acquired all EDU connections necessary to permit the orderly development of EastLake Greens by its builders. (In many cases, EDU connections in excess of actual need have been acquired.) EDU's for - 30- EastLake Greens have been acquired averaging 73 per quarter, and EastLake estimates a need for 40 EDU allocations per quarter for projected development through 1994 when the allocation program is anticipated to be discontinued. EastLake has entered into an agreement with the Water District to fund terminal water storage facilities as a credit against future fees and, as a result, EastLake is not limited in the number of EDU allocations it may request quarterly while builders or developers not a party to such an agreement are limited to requesting a maximum of 200 such EDU allocations. In addition, EastLake is entitled to an additional 15% EDU allocation bonus because EastLake is a reclaimed water user. No assurance can be given, however, that future water allocations will be received. The Water District's water allocation program is designed to address the District's lack of terminal water storage which is being satisfied by the construction of reservoirs and of the second aqueduct to south San Diego County. While the potential drought conditions prevalent in Southern California and the southwest in general over the past several years have caused the implementation of voluntary water conservation measures within the Water District as a whole, there are currently no special restrictions on obtaining water permits ("will serve" letters) for new construction. Because of the amount of rainfall experienced in the area during the Spring of 1991, none of the water conservation measures contemplated, which would have impacted the issuance of building permits, have been implemented to date. Such measures could include conservation programs which would offset the demand created by new users or the payment of a fee to the Water District for the implementation of water conservation projects within the Water District. In the event that drought conditions require the implementation of water conservation measures within the Water District, development within the Assessment District could be seriously impaired in the absence of acceptable mitigation measures which are implemented by the Developer. Loss of Tax Exemption In the opinion of Bond Counsel, the Bonds constitute governmental obligations under the Internal Revenue Code of 1986, as amended (the "Code"). The City has covenanted to comply with Code restric- tions (relating to use of Bond proceeds, reserve fund funding requirements, investment yield limitations and rebate requirements, federal guarantee prohibitions and registration requirements) so that interest on the Bonds is excludable from gross income for federal income tax purposes. However, in the event the City fails to comply with any of these covenants, interest on the Bonds would be includable in gross income for federal income tax purposes retroactive to the date of Bond issuance. Concentration of Property Ownership Until further subdivision and/or development and sales of parcels occur within the Assessment District, payment of approximately 85% of assessment installments is dependent upon timely payment by EastLake Development Company, the owner directly, or indirectly, through options to purchase lands owned by Western Salt Company, of approximately 94% the land located in the Assessment District. (See the section entitled "THE ASSESSMENT DISTRICT - Land Ownership and Future Development. ") Failure by EastLake Development Company to successfully sell and/or develop its projects proposed for the land within the District would increase the likelihood of failure to pay assessment installments applicable to its properties when due, therefore resulting in the rapid depletion of the Reserve Fund prior to reimbursement from the resales of property or delinquent reductions. In that event, there could be a default in the payment of the principal of and interest on the Bonds. Parity Taxes and Special Assessments The City has limited control over the amount of additional debt payable from taxes or assessments on all or a portion of the property within the Assessment District that may be issued in the future by other governmental entities or districts, including but not limited to water districts or any other district having - 31 - jurisdiction over all or a portion of the land located within the Assessment District. To the extent such indebtedness is payable from special taxes or taxes, such special taxes and taxes will have a lien on the property within the Assessment District on a parity with the lien of the special assessments levied in this proceeding. The City currently anticipates that there may be additional assessments, resulting from future assessment district proceedings, levied on those parcels of land located within the Assessment District presently owned by Western Salt Company. Accordingly, the debt on the property within the Assessment District could increase, without any corresponding increase in the value of the property within the Assessment District, and thereby reduce the ratio that exists at the time the Bonds are issued between the value of the property and the debt secured by the taxes and assessments thereon. The imposition of such additional indebtedness could also reduce the willingness and ability of the property owners within the Assessment District to pay the assessments when due. In the event of a delinquency in the payment an assessment, no assurance can be given that the proceeds of any foreclosure sale would be sufficient to pay the delinquent assessment and any other delinquent assessments, special taxes, or taxes. See the sections entitled "Price Realized Upon Foreclosure" above, and "SECURITY FOR THE BONDS - Covenant for Superior Court Foreclosure." - 32- MISCELLANEOUS No Litigation There is no known controversy or litigation of any nature now pending to restrain or enjoin the issuance, sale, execution or delivery of the Bonds or in any way contesting or affecting the validity of the Bonds, the proceedings of the City taken with respect to the issuance or sale thereof, the existence or powers of the City or the title of any officers of the City to their respective positions. Approval of Legality All legal matters related to the authorization, issuance, sale and delivery of the Bonds are subject to the approval of Brown, Harper, Burns & Hentschke, San Diego, California, Bond Counsel. The unqualified opinion of Bond Counsel approving the validity of the Bonds will be supplied free of charge to the original purchaser of the Bonds and will be printed on each Bond. Fees payable to Bond Counsel are, in part, contingent upon the sale and delivery of the Bonds. Tax Exemption In the opinion of Bond Counsel, under existing laws, regulations, rulings and judicial decisions, interest on the Bonds is exempt from personal income taxes imposed by the State of California, is excluded from gross income for federal income tax purposes, and is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals and corporations. However, Bond Counsel notes that, with respect to corporations (as defined for federal income tax purposes), interest on the Bonds will be included in determining corporate adjusted net book income (adjusted current earnings for taxable years ending after December 31, 1989), a portion of which may increase the alternative minimum taxable income of such corporations. Bond Counsel's opinion as to the exclusion from gross income of interest on the Bonds is subject to the condition that the City comply with all requirements of the Internal Revenue Code of 1986, as amended (the "Code"), which must be satisfied subsequent to the issuance of the Bonds to assure that such interest will not become includable in gross income for federal income tax purposes. Failure to comply with such requirements could cause the interest on the Bonds to be included in gross income for federal income tax purposes retroactive to the date of issuance of the Bonds. The City has covenanted to comply with all such requirements. Bond Counsel has not undertaken to determine (or to inform any person) whether any actions taken on (or not taken) or events occurring after the date of issuance of the Bonds may affect the tax status of interest on the Bonds. Although Bond Counsel has rendered an opinion that interest on the Bonds is excluded from gross income for federal income tax purposes, the accrual or receipt of interest on the Bonds may otherwise affect the federal income tax liability of the recipient. The extent of these other tax consequences will depend upon the recipient's particular tax status and/or other items of income or deductions. Bond Counsel expressed no opinion regarding any such consequences. Accordingly, all potential purchasers should consult their tax advisors before buying any of the Bonds. In rendering its approving opinion, Bond Counsel also has considered the existence and application of the letter of credit. No Rating No rating has been sought or obtained for the Bonds. - 33 - Underwriting The Underwriter intends to offer the Bonds to the public initially at the prices andlor yields set forth previously in this Official Statement plus accrued interest from the date of the Bonds, which price or yield may subsequently change without any requirement of prior notice. The Underwriter reserves the right to join with dealers and other underwriters in offering the Bonds to the public. The Underwriter may offer and sell Bonds to certain dealers (including depositing Bonds into investment trusts) at a price lower than the public offering price, and such dealers may allow any such discounts on sales to other dealers. In reoffering Bonds to the public, the Underwriter may over allot or effect transactions which stabilize or maintain the market price for Bonds at levels above those which might otherwise prevail. Such stabilization, if commenced, may be discontinued at any time. Financial Consultants Kadie-Jensen, Johnson & Bodnar, Municipal Financing Consultants, Inc. has acted as financial advisor to the City in connection with the formation of the Assessment District and the issuance of the Bonds. Additional Information Any statements made in this Official Statement involving matters of opinion or of estimates, whether or not so expressly stated, are set forth as such and not as representations of fact, and no representation is made that any of the estimates will be realized. This Official Statement is not to be con- strued as a contract or agreement between the City and the purchasers or owners of any of the Bonds. Clerk. Copies of the documents referred to herein are available for inspection at the Office of the City This Official Statement was duly authorized July 9, 1991, by the City pursuant to a Resolution adopted by the City Council. Concurrently with the delivery of the Bonds, the City will furnish a certifi- cate executed on behalf of the City by its City Engineer to the effect that this Official Statement, as of its date and as of the date of delivery of the Bonds, has been diligently reviewed and to the best knowledge and belief of the City and its officials does not contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements herein, in light of the circumstances under which they were made, not misleading and that this Official Statement is final as of its date. The execution and delivery of this Official Statement have been duly authorized by Resolution of the City Council of the City. CITY OF CHULA VISTA By ISI JOHN D. GOSS City Manager - 34- Appendix I: Appendix II: Appendix III: Appendix IV: APPENDICES The City of Chula Vista Assessment Diagram Excerpts from the Appraisal Report Form of Security Enhancement Agreement APPENDIX I THE CITY OF CHULA VISTA Appendix I APPENDIX I The following information relating to the City of Chula Vista, San Diego County, California (the "City") is supplied solely for purposes of information. The City is not obligated in any manner to pay principal of or interest on the Bonds or to cure any delinquency or default on the Bonds (except to the extent of transferring funds from the Reserve Fund and instituting foreclosure proceedings against any parcel in default in accordance with the Resolutions and the Bond Indenture adopted by the City Council of the City.) THE CITY The City of Chula Vista, California is located on San Diego Bay in Southern California, 8 miles south of San Diego and 7 miles north of the Mexico border, in the area generally known as "South Bay." City limits cover approximately 30 square miles. The City was incorporated October 17, 1911, and became a chartered city in 1951. With a 1991 certified population of 138,092, Chula Vista is the second largest city in San Diego County. Municipal Government Chula Vista is a charter city with the council-manager form of government. A four-member city council is elected at large for four-year alternating terms at elections held every two years. The mayor is the presiding officer of the council and also is elected to serve a four-year term. The city manager, appointed by the council for an indeterminate term, acts as chief executive officer in carrying out council policies. The City has approximately 750 full-time employees. City services include police and fire protection, public works, parks and recreation, and community development. The city has a class 3 fire rating. Climate and Topography Chula Vista has mild summers with a mean temperature for the month of July of 70 degrees and moderate winters with an average winter temperature of 65 degrees. The relative humidity averages 62 percent. Average rainfall, which occurs generally in the period between November and April, is less than 9 inches. The City is located on the San Diego Bay between Bonita Valley to the north and Otay Valley to the south at an altitude of 0 to 300 feet above sea level. Source: Chula Vista Chamber of Commerce. - Appendix I -- Page I - Population As of January I, 1991, the City's population was certified at 138,092 by the State Department of Finance. The following is a tabulation of population data for the City of Chula Vista. CITY POPULATION DATA Calendar City of Year Chula Vista 1950 16,505 1960 42,031 1970 67,901 1980 82,200 1986' 116,300 1989 128,028 1991 138,092 % Change 154.7% 61.5 21.1 41.5 8.7 7.8 , Estimated; 1986 includes recent annexation. Source: U.S. Census; California Department of Finance. City Employees Retirement Program The City contributes to the California Public Employees Retirement System ("PERS "), an agent multiple-employer public employee retirement system that acts as a common investment and administrative agent for participating public entities within the state of California. All salaried full-time and part-time employees are eligible to participate in PERS. Participants in the plan vest after 5 years of employment. Employees in the plan who retire at or after age 50 receive annual retirement benefits calculated based on age, years of service and the final 3 year's compensation. The City's payroll for employees covered by PERS for the year ended June 30, 1990 was $23,878,477 out of a total payroll of $26,184,479. Pension costs are recorded as expenditures when paid by monthly contributions to PERS. The total pension contribution for the year ended June 30, 1990 was $4,252,218. At June 30, 1989 the plan net assets available for benefits totaled $61 million (at cost). The City's total unfunded actuarial liability at June 30, 1989 was $8.1 million. The interest rate assumption used for discounting actuarial present values and normal costs is 8.5%. Source: City of Chula Vista General Purpose Financial Statements and Independent Auditor's Report for year ended June 30, 1990, audited by Deloitte & Touche, San Diego, California. - Appendix I -- Page 2 - City Self-Insurance Program The City self-insures claims and judgments for public liability, workers' compensation, and unemployment insurance and has excess insurance coverage as follows: Excess Coverage per Self-Insured Occurrence Over Self- Per Occurrence Insurance Retention Public liability VVorkers' compensation Unemployment claim $250,000 200,000 Full amount of benefits $10,000,000 5,000,000 None The City is a member of the San Diego County Cities Risk Management Authority, a California Joint Exercise of Powers Authority. Begun in 1982, the Risk Management Authority was formed for the purpose of assisting members in insuring against various liabilities. The Agreement creating the Authority was amended in early 1986 to provide for risk pooling of general liability insurance coverage by participating cities in San Diego County. As a member, the City of Chula Vista has agreed to pay annual premiums and to assume the initial $250,000 per occurrence of liability ("self-insured retention"). For liability above such amount, the City may draw against the funds of the Risk Management Authority up to the amount of $5,000,000. The City has entered into contracts with servicing agents who administer the public liability and workers' compensation claims program. At June 30, 1990, the following amounts have been accumulated and are restricted for use pursuant to the self-insurance program initiated by the City. VV orkers Public Unempl. Compensation Liabilitv Insurance Total Cash & investments $1,032,812 $1,432,328 $620,800 $3,085,940 Accrued interest and other receivables 6.031 10.136 5.744 21.911 Reserve for Self- Insurance $1.038.843 $1.442.464 $626.544 $3.107.851 Source: City of Chula Vista Risk Manager, and City of Chula Vista General Purpose Financial State- ments and Independent Auditor's Report for year ended June 30, 1990, audited by Deloitte & Touche, San Diego, California. - Appendix I -- Page 3 - Assessed Valuation (Secured) Shown below is a five-year table of secured assessed valuation for the City. CITY OF CHULA VISTA Secured Assessed Valuations (I) (in thousands) Fiscal -Ym. Secured Assessed Valuation 1986-87 1987-88 1988-89 1989-90 1990-91 $3,210,992 3,604,847 3,624,774 4,045,241 4,593,519 (I) Assessed valuations are based on 100% of full market value. Source: San Diego County Assessor's Office. Tax Delinquencies CITY OF CHULA VISTA SECURED PROPERTY TAX LEVIES AND DELINQUENCIES FISCAL YEARS 1985-86 THROUGH 1989-90 Year Ending June 30 Secured Tax Levy Delinquencies as of June 30 Amount Percent 1986 1987 1988 1989 1990 $4,047,979 5,216,213 5,842,449 6,343,358 7,145,026 $159,008 197,171 225,699 177,262 227,993 3.93% 3.78 3.86 2.79 3.19 Source: Office of the Auditor-Controller, Property Tax Services, San Diego County. - Appendix I -- Page 4 - Bonded Debt The Independent Auditors' Report of the City for the year ended June 30, 1990, audited by Deloitte & Touche, Certified Public Accountants, of San Diego, California, reported that as of June 30, 1990, the City had outstanding $285,000 principal amount of General Obligation Bonds due to be retired by 1995, $30,560,000 of Tax Allocation Bonds due to be retired by 2011, and $16,140,000 Certificates of Participation to be retired by 2013. Fund Balances; General Fund Revenues, Expenditures and Transfers As of June 30, 1990, the City had the following fund balances in its major funds: General Fund _ $11,358,042; Special Revenue Funds - $46,833,144; Capital Projects Funds - $14,808,955; and Debt Service Fund - $9,971,564. A five-year summary of the City's General Fund revenues, expenditures and transfers, as reported by the City's Director of Finance, is presented in the following table. (Figures in this summary vary from those set forth in the Independent Auditor's Report for the year ended June 30, 1990 audited by Deloitte & Touche, Certified Public Accountants, of San Diego, California, due to differences in accounting presentation. ) - Appendix I -- Page 5 - CITY OF CHULA VISTA SUMMARY OF GENERAL FUND REVENUES, EXPENDITURES AND TRANSFERS YEARS ENDED JUNE 30 CATEGORY 1986 1987 1988 1989 1990 REVENUES Property Taxes . . . . . . . $ 4,748,028 $ 5,730,472 $ 6,448,037 $ 7,077,352 $ 7,975,193 Sales Taxes . . . . . . . . . 7,016,399 8,367,892 9,659,924 10,518,772 10,913,588 Utility Users Tax .... . 1,787,359 2,263,303 2,428,743 2,538,773 2,550,051 Property Transfer .... . 158,144 246,851 208,549 372,359 307,613 Trans. Occup. Tax '" . 768,972 914,084 1,093,736 1,207,756 1,197,988 Business Licenses .... . 320,940 355,332 367,307 381,519 377,366 Franchise Taxes ..... . 1,110,992 1,257,413 1,303,140 1,506,317 1,532,049 Licenses & Permit . . . . . 997,304 1,065,453 1,260,784 1,470,023 1,421,031 Fines, Forfeitures & Penalties ....... . 125,596 139,635 161,259 184,895 215,949 Revenue from other Agencies ..... . 5,147,545 6,867,745 6,743,841 7,489,617 8,603,342 Revenue from Use of Money & Prop ... . 997,149 935,588 1,000,130 504,659 1,068,576 Charges for Current Services .... . 1,254,191 1,354,566 1,768,111 2,131,755 2,691,440 Miscellaneous ...... . 468.153 567.807 159.366 454,410 595.015 TOTAL REVENUES . . . $24.900.772 $30.066.141 $32.602.927 $35.838.207 $39 .449 .202 EXPENDITURES General Govtment . . . . . $ 4,898,308 $ 6,109,959 $ 6,371,069 $ 7,727,820 $ 7,537,083 Public Safety . . . . . . . . 10,962,944 13,501,176 15,227 ,179 16,499,574 18,558,229 Public Works. . . . . . . . 5,425,834 7,056,061 7,175,380 6,974,016 8,731,150 Parks & Recreation '" . 2,409,914 2,686,934 2,903,547 3,214,492 3,474,964 Public Library ...... . 1.607 .560 1. 775.588 2.004.382 2.204.382 2.473.886 TOTAL EXPENDITURES $25.304.560 $31.129.718 $33.681.557 $36.620.128 $40.775.312 Revenues Over (Under) Expenditures . . . . . . . . (403,788) (1,063,577) (1,078,630) (781,921) (1,326,110) Interfund Transfers 2.614.758 (504.643) 855.462 2.012.463 2.143.808 Revenues & Trans Over (Under) Expend $ 2,210,970 $(1,568,220) $ (223,168) $ 1,230,542 $ 817,698 Beginning Fund Equity . . 9.037.480 11.248.450 9.680.230 9.457.062 10.687 .604 Ending Fund Equity .. . $11,248,450 $ 9,680,230 $ 9,457,062 $10,687,604 $11,505,302 Reserved Balance .... . (2.071.880) (2.207 .660) (3.165.931) (3.796.115) (4.293.616) UNRESERVED BALANCE $ 9.176.570 $ 7.472.570 $ 6.291.131 $ 6.891.489 $7.211.686 - Appendix I -- Page 6 - I Employment and Industry Current employment data is not available for Chula Vista. Chula Vista is included in the San Diego Metropolitan Statistical Area, which includes all of San Diego County. Set forth below is data from 1984 to 1988, reflecting the County's civilian labor force, employment and unemployment. SAN DIEGO COUNTY CIVILIAN LABOR FORCE, EMPWYMENT AND UNEMPWYMENT 1985 1986 1987 1988 1989 Civilian Labor Force(l) 958,200 1,024,200 1,058,800 1,118,400 1,170,700 Employment 907,400 973,000 1,011,000 1,070,400 1,097,500 Unemployment 50,800 51,200 47,800 48,000 73,200 Unemployment Rate(2) 5.3% 5.0% 4.5% 4.3% 6.3% (I) Labor force by place of residence. Employment includes self-employed persons and persons involved in labor-management trade disputes. (2) The unemployment rate is computed from unrounded data; it may differ from rates using the rounded figures in this table. Source: California Employment Development Department. - Appendix I -- Page 7 - Employment reported by place of work. Does not include proprietors, self-employed or persons involved in labor-management trade disputes. Detail may not add to total due to independent rounding. Source: State of California Employment Development Department. - Appendix I -- Page 8 - I Commerce Taxable sales in the City exceeded $1 billion in 1989, the most recent year for which figures are available. The following shows the five-year record of taxable transactions of the City as provided by the California State Board of Equalization. CITY OF CHULA VISTA TAXABLE TRANSACTIONS (in OOO's) 1985 1986 1987 1988 1989 Retail Stores: Apparel stores . . . . . $ 19,534 $ 28,086 $ 34,312 $ 39,272 $46,302 General merchandise . 138,128 175,916 196,798 225,442 246,401 Drug stores ..... . 14,180 16,035 18,450 19,770 21,440 Food stores ..... . 41,797 58,464 63,245 67,953 78,154 Package liquor ... . 4,321 5,151 5,358 4,958 4,753 Eating & drinking establishments ... . 62,075 82,482 85,535 97,644 104,999 Home furnishings and appliances ... . 29,881 37,981 45,779 50,037 53,906 Building materials and farm implemnts . 16,105 40,898 59,346 78,768 82,461 Auto dealers and supplies ....... . 42,196 51,133 56,334 60,913 69,487 Service stations . . . . 56,570 56,117 65,355 73,834 80,515 Other retail stores . . 43.126 58.558 68.694 74.091 84.211 Total retail stores . . . . $467,913 $610,821 $699,206 $792,682 $872,629 All other outlets . . . . . 79.655 114.162 114.238 116.675 141.630 Total Taxable Transactions ..... . $547 .568 $724.983 $813.444 $909.357 $1.014.259 - Appendix I -- Page 9 - I Construction A five-year summary of the number and value of building permits issued in the City is shown in the following tabulation: CITY OF CHULA VISTA BUILDING PERMITS AND VALUATION Calendar Building Permits Year Issued Valuation 1986 2,287 $209,459,267 1987 1,924 145,968,009 1988 2,361 255,168,370 1989 2,403 215,623,342 1990 1,950 140,231,787 The following tabulation shows the segregated valuation of building permits issued by the Department of Building and Housing of the City during 1990: CITY OF CHULA VISTA 1990 SEGREGATED BUILDING PERMIT VALUATION New Residential. . . . . . . . . . . . . New Industrial/Commercial ..... Additions/Alterations/Conversions . Other ................... Total Valuation . . . . . . . . . . . . . $ 95,246,603 20,368,035 18,616,945 6.000.204 $140,231,787 Source: City of Chu1a Vista Department of Building and Housing. Education Public educational instruction from kindergarten through high school is provided by the Chula Vista Elementary School District and Sweetwater Union High School District. These districts administer twenty-six elementary schools, nine junior high schools and eight senior high schools. Southwestern College, a two year Community College, has an enrollment of more than 15,000. There are also four adult education schools and twelve private schools. There are some seven universities or colleges within 30 minutes commuting distance from Chula Vista in the San Diego Metropolitan Area. The City and Balwin Vista Company have proposed a University of California campus in Chula Vista, to be located on a 400 acre site adjoining the Olympic Training Center. Source: Chula Vista Chamber of Commerce. - Appendix I -- Page 10 - I Community Facilities There are two acute-care hospitals, two psychiatric hospitals and three convalescent hospitals, and more than 400 medical doctors and allied professionals in Chula Vista. Community Hospital of Chula Vista is developing a 30 acre medical campus, which will include a 13 I-bed hospital, 24 hour emergency service and the South Bay's only helicopter landing pad. There are two daily, one weekly and one semi-weekly newspapers published and circulated in the City. The City has one main public library and two branch libraries. Recreational facilities within or near the City include twenty-four parks, four community centers, six "tot lots," two ballfields, twenty-eight tennis courts, three (two private) golf courses, four municipal swimming pools, two gymnasia and a boat launching facilities. The Chula Vista bayfront area contains a marina which houses 552 boats and miles of public beaches. The City also provides many trails for bicycling, hiking and jogging. Chula Vista will also be the home of the United States Olympic Training Center. This is the third such training center in the nation and the only year round training facility. The Center will be located on a ISO-acre site donated by EastLake Development Company adjacent to the Otay Lake reservoir. Ground breaking for the Center took place in the summer of 1990 and the first phase is expected to be complete in 1992. The City has sixty churches and nearly 100 service, fraternal and civic organizations. Source: Chula Vista Chamber of Commerce. Transportation U.S. Highways 5 (along the coast) and 805 (inland) provide full freeway access from Chula Vista north to San Diego and south to the Mexican border. Commuter rail service is provided by the San Diego Trolley, a light rail system started in 1981 and the eleven bus routes covering the City. Daily bus connections serve the City, and Southern Pacific Railway and San Diego's Lindbergh International Airport are fifteen minutes to the north of the City. Utilities Electric power and natural gas are provided by San Diego Gas and Electric Company. Pacific Bell Telephone Company serves the area. Otay Water District and Sweetwater Water District provide water service and the City provides sewer service. - Appendix I -- Page II - I APPENDIX II ASSESSMENT DIAGRAM Appendix II I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I , \ SEE SHEET ~ SEE SHEET 7 NOT TO SCALE @ @ @ AN ASSESStv'ENT WAS LEVBJ BY TI-E ary Co..tO... CF TI-E aTY CF Oi..LA VISTA, STATE IF CALFa:NA. ON PARa3...S CF It>MJ Sl-OWN CN THS ASSES9\ENT ClAGRAM MAP. SAD AS9::S9.ENT WAS LEVEO ON Trt:: ____ DAY CF ________~ I9OCl. SAD AS!=ES9.ENT OA8RAM Al'.v HE ASSESSM:NT RCLL WERE FEaRED N TI-E CFFCE IF Tl-E STREET 8l..PEI=I'frENENT CF TI-E OTY CF D-LLA VISTA ON TI-E ____DAy CF ______~ I9OCl. REFEAEN:E IS MACE TO TI-E ASSES9\ENT RCl.L REca:n:EO N TI-E l:FA:C CF TI-E STREET SLPEFf',lTEN::ENT Fa:! TI-E EXACT AM:LNT CF EADi ASSESSto.e'lT LEVED AGANST EAO-l PARE. CF LAN) SHJWN ON THIS ASSE~T [lAlJ:lAM BfYCCEf:i(:-aTy-o=CiU.t..-ViST'A-- FLED N TI-E CFA:E CF TH: OTY a..ERK CF TI-E OTY CF D-U..-A VISTA THS ____ DAY CF _________~ 1990. OTVClEA<.-OTY-EFCiU"A-ViST"A-- LEGEND \i REaJUED N T1-E CFA:E IF TI-E STREET Sl.PEANTEr\CENT CF Tft: CITY CF a-u...A VISTA THS ___ DAY CF _________ 'QOCl. STREET9..PEFNrEI'iENf------- ary CF D-U..A VISTA ~BCQ(~_-_-_-_-p~'ri: CF ----Go-MAPS Wi:J:SSM=NT~~TS:-REaX.ER'S cx:nt.o'ENT NJ. _ -l,nI;e-CFFCE CF TI-E CXJlNTY RECCR:EA CF TI-E CClNTY CF SAN CEOO;"sr A TE CF CALFCR\lA ECiMYREaHERCFSAN-i:EOO"{':'i)My- --- DISTRICT BOUNDARY PARCEL BOUNDARY NAP NOT A PART OF THE DISTRICT ""'" TI-E BCl.N)ARY A/'.IJ PARCELS AS Sl-OWN I-ERECN ARE AS SI-OWN CN TI-E ASSESSGl'S PARCEL MAPS CF TI-E ca..NTY CF SAN OEOO. 8T A TE CF CALFCANA. (0 ASSESSMENT NUMBER SHEET 1 OF 7 SHEETS Appendix II - Page 1 ~1 WILLDAN ASSOCIATES \AI CONSULllNG ENGNWIS AND PlNlNERS --......--......-,.. JN04000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I LEGEND T N I - - - - - TRACT BOUNDARY PARCEL BOUNDARY GRAPHIC SCALE ~.,. .,. ('"rut') 1!Do1I_looft. i 12 LOT NUMBER o ASSESSMENT NUMBER PARCELS ARE AS SHOWN ON THE ASSESSOR'S PARCEL MAPS Of' Tll[ COUtfTY OF SAN DIEGO, ST"TE Of CALlf'ORNIA. SHEET 2 OF 7 SHEETS Appendix II - Page 2 '\'A'7 WILLDAN ASSOCIATES \AI e-.1WQ IMGIB:.. NIl PL_" __........__"'al~__'.. J.N.Q4000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I . . I }8 , 8 . 8 I . 8 8 . 8 I !:I i! 8 I 8 t . ~ @l . is I 8 ~ . 8 8 8 T N I GRAPHIC SCALE 'L-I . ,. ~' .,. i (lIIn:E'1') IlI>ch_1OOtt. LEGEND --------- DISTRICT BOUNDARY PARCEL BOUNDARY 12 LOT NUMBER . o ASSESSMENT NUMBER -8 \ 8, . ,-' v PARCELS ARE I<S SHOWN ON THE ASSESSOR'S PARCEL MAPS OF THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA. SHEET 3 OF 7 SHEETS Appendix II - Page 3 \ 'AI. / WILLDAN ASSOCIATES \AI COfIIIUl.lllllllltll_ER8 AND PUoN/tERS .........""''''.1"<_...__.....,,,.,.,,.,,.. J.N.Q4000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I ~ ~ ~ ~ ~ ~ ........-::-\ ...---- .~- . ~ ~ ~ .. ...... \...., ~ /' "," ,.., \~.. -" \ ~~~~ ~ ..,.. G /' ......... rft.lo.-t""'" V ~~ ~ ,.. ..,.. @) /"'.. . \ . , . I . j 1 . I I ' I , I . I . / . (;.. '. ----" '.. ". ""-............ lJ~ , , , , , SHEET .. OF 7 SHEETS ......... ) /\ \ \ \ \ \ \ \ I I I I I I I I / / / / / / / / I 8 @) ../ /' @> * (* , , 'f I N I , @) I GRAPHIC SCALE ~W ,. .,. i . J (III Pm) 11Iloo11_1001\. , LEGEND @) - - - - - TRACT BOUNDARY PARCEL BOUNDARY . / I' // . / /~/ ~,f / / 12 LOT NUMBER G ASSESSMENT NUMBER PARCELS ARE AS SHOWN ON THE ASSESSOR'S PARCEL IAAPS Of THE CQUNTY OF SAN DIEGO, STATE OFCAlJFORNIA. '\'A'7 WILLDAN ASSOCIATES \AI e_,. _'118 _"'_"1 --.........--........--... Appendix II - Page 4 J.N.04000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I ~ \ GRAPHIC SCALE 'L--..J . - !"'Iol"'W"'l ' , .,. i (DfPDl'I 1_~1OOft.. LEGEND --------- TRACT BOUNDARY PARCEL BOUNDARY 12 LOT NUMBER G ASSESSMENT NUMBER PARCELS ARE /lS SHOWN ON THE ASSESSOR'S PARCEL MAPS Of THE CQUNtY OF SAN DIEGO, STATE Of CALlFORNt.'o., SHEET 5 OF 7 SHEETS Appendix II - Page 5 \"\W7 WILLDAN ASSOCIATES \AI C_ULTlNG ENliItltEEII8 AItD Pl.AMERS ....._........_..""'" '"u (010146"'''' J,N.04000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I ~~ ........ NO SCALE , I i '" g/ e--L I , I i , I , I i <., '. ,.' ,.' . .,,~ ." <J"." ~/ ,/ ,/ l / I /' . C\ ,/ e/ , / / ,j' '\ , \ \ e \ \ , I I / , I i ~. e \ \ j 8 ( '\ L......... LEGEND --.--.-----.-- TRACT BOUNDARY PARCEL BOUNDARY 12 LOT NUMBER G ASSESSMENT NUMBER PARCELS ARE AS SHOWN ON THE ASSESSOR'S PARCEL IAAPS OFTl1E CQUNTYOF SAN DIEGO, STATE OF CALIFORNIA. SHEET 6 OF 7 SHEETS Appendix II - Page 6 \'A'7 WILLDAN ASSOCIATES \AI COIl8U1.TlIMI ENGIND!U AND ~It. .. ..._.........,._...........~...."...>-".. J.N.04000 I ASSESSMENT DIAGRAM OF ASSESSMENT DISTRICT 90-3 CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA EASTLAKE GREENS PHASE I ~ \ NOT TO SCALE LEGEND _______ TRACT BOUNDARY . l I .""...... .-.- ,.. PARCEL BOUNDARY 12 LOT NUMBER o ASSESSMENT NUMBER PARCELS ....RE~ SHOWN ON THE ASSESSOR'S PARCEL w.,PS OF THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, SHEET 7 OF 7 SHEETS Appendix II - Page 7 ,\-'W7 WILLDAN ASSOCIATES \AI COIl8U1.TIICI EflGINEEU _ JIl_U ...._"''''''''_...........'''''.1'''''''"''. J.N.04000 I APPENDIX III EXCERPTS FROM THE APPRAISAL REPORT PREPARED BY KIBBEY COMPANY SAN DIEGO, CALIFORNIA Dated: May 22, 1991 Appendix III II KIBBEY COMPANY REAL ESfATE APPRAISALS/CONSULTATION 1471 MORENA BOULEVARD, SAN DIEGO, CA 92110-3782 PHONE (619) 275.fJ967 FAX (619) 275-5200 DAVID R SAMPPAL\, MAl JAMES NAUGHTON, MAl JOHN Me.. ASHTON JAMES NAUGHTON, JR JACK A. MORRA JEFFREY D. MORELOCK RICHARD CRIPPEN mOMAS H. GAVIN DANA KUHN May 22, 1991 Ref. No. 9O-128A Mr. Lyman Christopher Finance Director CITY OF CHULA VISTA Post Office Box 1087 Chula Vista, California 92010 Mr. Carl Kadie KADIE-JENSEN, JOHNSON & BODNAR Municipal Financing Consultants, Inc. 7801 Mission Center Court, Suite 400 San Diego, California 92108 RE: Assessment District No. 90-3 - EastLake Community Chula Vista, California 92013 Gentlemen: As you requested, an inspection has been made and sufficient analyses completed in order to provide opinions of value for parcels of land contained within the above referenced assessment districts. The properties contained within the north portion of EastLake Greens, Assessment Parcels 1 through 168 and 175, have been valued "as if fully improved and graded in accord with the recorded final subdivision map for this portion of the property". The values estimated are also based upon non assessed parcels No. 170 through 174 being improved, graded and landscaped in accord with the approved subdivision maps for EastLake Greens Phase I. The southern portion of the EastLake Greens area has been valued "as is" in accord with an approved subdivision map. The balance of the assessment parcels contained within the EastLake Business Center No 2, EastLake Woods West, EastLake Woods East, EastLake Trails, EastLake Vistas and the Olympic Village site have been valued "as is" with the benefit of the approved master plan and the major streets and backbone of utilities to be completed with the funds from this assessment district The Assumptions and Limiting Conditions outlined herein are an integral part of this appraisal. The individual and summation of individual values of the assessments parcels in this assessment district as individual sites capable of independent sale, in designated condition, are outlined on the following attachments. Appendix III - Page I I Mr. Lyman Christopher Finance Director CITY OF CHUlA VISTA May 22, 1991 Page Two Mr. Carl Kadie KADIE-JENSEN, JOHNSON & BODNAR Municipal Financing Consultants, Ine. As you requested and for the sake of brevity, this report is presented in a summary format with all pertinent data detail utilized in arriving at these conclusions retained in our back-up files in the event that further or additional work is required. Assessment district appraisal reports are typically presented in this format because they are often reproduced and included in the prospectus for the sale of the assessment bonds. This study shall serve as a guide to establishing assessment values which will be the security for bonded indebtedness and for no other purpose. The sum of these individual value estimates as of May 22, 1991 was: $283,960,000 (TWO HUNDRED mOHTY.'lHREB MIllJON, NINB HUNDRED SIXTY TIlOUSAND DOll..ARS) Thank for the opportunity to be of service in this appraisal assignment. If there are any questions or if we may be of further assistance, please do not hesitate to call. Very truly yours, David R Samppala, MAl John McL. Ashton JA:lw Appendix III - Page 2 KIBBEY COMPANY I ~B OREEHS ASSESSMENT DISTRJCf90-3 Ref. No. 90-128 ............ lJwou APN A<no U""" Zoolo& BalIlDlled u.. (..._PIn) Value I F1e1dl1ODe CommwdUa 5".321.03 lua 63 .. S1,.!6O,000 % FieIdatoocComlDuDiticl 595-321'- 1~56 .. .. 110,9ZO,000 3 Bullate Deveklpme:llt Co. 595-321..(18 22.4 I" .. $15,950,000 4 EutLake OeveJopmellt Co. 595.320-05 11.31 .. .. 17,.!6O,000 , UM Kuha 595.3Z1~ "... %14 .. $19,160,000 6 euu...ke DewIopmeD' Co. 595.321-10 11.66 I" MH 117,3llO,000 7 EutLake Developmeal Co. 595-320-06 3.13 n Ul 1~2OO,000 8 Eutllke OeveJopmcDt Co. 595-320-10 U .. Ul 14,030,000 . Ellluke OeveIopmeDI Co. 595-321.11 19.0 0 ComIlL Sbopplnl Center l6.62O,000 10 EutLate DeveIopmeDl Co. ,.,.""",,, u. 0 Couauy Cub 170,000 II ......... 0eveJ0pme" eo. ,.,.3>>07 3&:17 0 00Il c...ne S874,000 II ~te DeYelopmeat Co. 59S-311-OJ 10.66 0 00Il c...ne 1160,000 II EutLate Oevelopmeet Co. 595.321.05 :16.34 0 00Il c...ne 139ll,000 12-119 DavidIaa eo.c.. Pal1Den 5".]20..11 21.n 103 Ul SU.7.so.000 120-127 CeIliIUl}' Americ:aa 595-321.01 19.27 161 MH 513.6&5,000 128-168 Minter DeYeIopmeBl 595-321-09 l,u6 .. L 1',000,000 169 Walem SIll Co. 5"-050-17 ...37 97 LAOS $4,365,000 169 Walel'1ll SIll Co. ,,,........ U% 0 P NA 169 Wale,. Slh Co. S9S.oso.t3 :l63.:l9 283 IR.LMP 116,310,000 169 Walen SIb Co. 595.(180..1" ..... 183 UlAL $$,- 169 Waccm SIll Co. .59S..Q80.20 71.39 :zso CR.P-PO A tAl $9,918.000 169 Walem Sail Co. 595-080-21 13.:11 73 Ul 11,900,000 169 Wale... Sah Co. 5".-.01 136.10 363 L-P-OS-PQ 516,335,000 169 Weltera Sail Co. ,,,- 37.6% 138 L-OS l6.n5,000 169 Wale... Slh Co. 6U42O-19 .7.04 0 P NA 169 WCIICm Sab Co. 6U42O-lll 78.10 1:11 p.PO." 13,260,000 169 Well.enl Sah Co. ............ 122.07 716 L-tAl... 519,700.000 169 WCl&en Sail Co. 643Ql.06 299.97 1,377 (,M Golf CowIe S30,13O,000 169 Walen Sail Co. 643<J3O.<I5 339.09 936 lAIPO 1:14,:178,000 169 Wcalel1l S.h Co. ..~ ..... 0 PAPO NA 170 Oly 01 OIu1a Viola 393-~ I.... 0 Part NA 171 HOA ,.,.3>><13 3.37 0 OS NA m HOA ,...- n" 0 OS NA 173 HOA ,.,.33><18 U6 0 P.NI'elUl~ NA '" HOA 595-321.01 U 0 Part NA 173 FalrwlJ VUIu 595-320.-12 17.64 .. Ul 11~""000 176 Olympic TnlaJlII Ceala' """""'" 130 300 OIympk -SO 57,020.000 Oly oI01u1a Viola 595.320-01 46.87 0 Hip SdIooI NA Cky of Cbu.lll VIMa 595-321.12 0.39 0 RaeIYoirIPUIIlp NA atyotCllula Villa .595-32t-13 1:11 0 Raenoir/I"llat NA TOTAL< 2,109.81 "283 1:113,....000 SUM OF INDIVIDUAL PARCEL VALUES 5283,960,000 ------- NA . Nol assessed u . pari of Assessment Dlslric1 No. 9(1.3 Appendix III - Page 3 I APPRAISAL BASIS The appraisal of real property for the assessment district is somewhat different than for other appraisal assignments. The assessment is a lien on an individual parcel. As each individual assessment is secured by an individual tax assessor's parcel, the value of the parcel is appraised individually as though offered for sale independent of all other parcels. In the appraisal, all parcels are viewed at the stage of physical development and city approval that can be reasonably inferred to be completed at the time of completion of the bonded improvements. In this case, the assumption of completed improvements includes not only the improvements of the assessment district, but also the continuing development by the project development that may be inferred to be completed In this assessment district, the bonded improvements will consist of street, water, sewer, utilities and drainage improvements to be installed In addition, the developer will continue the project's full improvements of non-bonded streets, curbs, gutters, sidewalks, traffic signals, utility installations, golf course clubhouse, swimming pools, tennis courts, other common area facilities and site grading. The process of subdivision map approvals will also continue during the construction of the bonded improvements. The properties contained within the north portion of EastLake Greens, Assessment Parcels 1 through 168, have been valued "as if fully improved and graded in accord with the recorded final subdivision map for this portion of the property". The southern portion of the EastLake Greens area has been valued "as is" in accord with an approved subdivision map. The balance of the assessment parcels contained within the EastLake Business Center No 2, EastLake Woods West, EastLake Woods East, EastLake Trails, EastLake Vistas and the Olympic Village site have been valued "as is" with the benefit of the approved master plan and the major streets and back bone of utilities to be completed with the funds from this assessment district This is a very large project undergoing continuing stages of development It is reasonable to believe that city approvals and civil development will be substantially advanced beyond the condition assumed in the appraisal of the assessment parcels as of the date of final bonded assessment Parcels are valued at market value as dermed in the California Code of Civil Procedure. In essence, the value is the price the parcel would bring if offered on the open market with no party under distress to buy or sell. The price is defined as cash or its equivalent at typical real estate terms market inter est rates. The parcels are valued as part of a large planned community with developing neighborhoods and prospective services. The parcels are also valued on the basis of schools fees being passed on to the builder as normally being paid at the time of the building permit Appendix III - Page 4 KIBBEY COMPANY II APPRAISAL BASIS (Continued) The parcels are also appraised on the basis of 1990 constant dollars. It is quite probable, given the historic trend of real estate value increases, that values upon completion will be some what above the value indications concluded by the appraisers as of May 22, 1991. This is believed to be, however, a prudent approach for appraising parcels for the security of assessment bonds. For purposes of this appraisal, values are not increased for possible increases in real estate values nor for possible value increases due to inflationary forces. PROCESS The first step was to value all of the parcels via the Sales Comparison Approach to value in accord with the condition of improvement stated in the letter of transmittal. The average values for each of the lots and/or units contained within the various master plan areas are multiplied by the number of units in each tax assessment parcel to reach a summation of value within each tax assessment parcel. The sum of the individual parcel values should not be confused with a Bulk Market Value wherein absorption is considered and appropriate discounts are made. SALES COMPARISON APPROACH The value of the parcel and market values are the prices such parcels would bring when freely offered on the open market The best method of valuing in this context is in comparison with the sales of similar properties. This is the Sales Comparison Approach to value. RESIDENTIAL PARCELS In this study, the residential portions of EastLake Community are composed of larger parcels for development to various densities. The major source of comparable residential property sales data was sales made to major builders/developers in similar larger planned communities whereby sales were made in bulk to the merchant builders. BUSINESSIINDUSTRIAL PROPERTIES In this study, comparable business and industrial lot sales in San Diego County were examined that were considered to be similar to the subject business park area. COMMERCIAL PROPERTIES/CHURCH SITES In this study, comparable properties devoted to these uses in the San Diego County market area were examined that were considered to be similar to the subject properties. Appendix III - Page 5 KIBBEY COMPANY I CERTIFICATION I certify that, to the best of my knowledge and belief: 1) The statements of fact contained in this report are true and correct 2) The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, unbiased professional analyses, opinions and conclusions. 3) I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved 4) My compensation is not contingent on an action or event resulting from the analyses, opinions, or conclusions in, or the use of, this report 5) My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. 6) The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. 7) As of the date of this report, I, David R. Samppala, have completed the requirements under the continuing education program of the Appraisal Institute. 8) I have made a personal inspection of the property that is the subject of this report 9) In addition to those that may have co-signed this report, acknowledgment for assistance is given to the following: RESTRICflON UPON DISCLOSURE AND USE Disclosure of the contents of this appraisal report is governed by the By-Laws and Regulations of the Appraisal Institute. Neither all nor any part of the contents of this report (especially any conclusions as to the value, the identity of the appraiser or the firm with which he is connected, or any reference to the Appraisal Institute) shall be disseminated to the public through advertising media, public relations, news media, sales media, or any other public means of communica- tion without the prior written consent and approval of the undersigned David R. Samppala, MAl Appendix III - Page 6 KIBBEY COMPANY I SUMMARY OF ~AT W.NT FACI'S AND CONCllJSIONS LOCATION: West of Otay Lake, south of EastLake Hills, EastLake Shores and EastLake Business Park Phase I, city limits of City of Chula Vista. REFERENCE NO./MAP NOS.: 9O-128/70B B, C & D - 3, 4 & 5 OWNER OF RECORD: EastLake Development Company, a Cali- fornia General Partnership DATE OF APPRAISAL: APPRAISAL PURPOSE: May 22, 1991 Estimation of values for individual parcels to provide security of bond indebtedness and for no other purpose. SITE AREA: Approximately 2,109.98:t acres are valued and contained within Assessment District No. 90-3. ZONE: The approved specific plan for the total EastLake Community calls for the devel- opment of 8,837 total dwelling units in- cluding various densities of residential lots, business and industrial parks, commercial site's, church sites, school and park sites. Zoning is in accord with the approved specific plan. The total EastLake Com- munity consists of approximately 3,105.9:t acres. EastLake Hills, EastLake Shores and EastLake Business Center Phase I have been developed and not contained within this assessment district. IMPROVEMENTS: Installation of streets, utilities improve- ments, drainage improvements and grading of the property is ongoing. EastLake Greens Golf Course has been improved and is in play. The clubhouse is under construction. Appendix III - Page 7 KIBBEY COMPANY I SUMMARY OF SAT JRwr FAcrs AND CONCLUSIONS (Continued) EASTLAKE COMMUNITY DATA: The initial units of the EastLake Commu- nity, EastLake Hills, EastLake Shores have been one of the most successful develop- ments in Southern California The devel- oper sold 1,478 lots in bulk subdivisions to builders in a six month marketing period as of September 10 1990. There have been 1,823 homes/units built and sold since the sale of the vacant land to build- ers started in 1986. EastLake Greens Assessment Par- cels 1 through 168 AND 175 contained in Assessor's Books 595-320 and 559-321 have been graded and completion of all off-site improvements is nearing completion and the golf course has been completed and is in play. As can be seen by the currently ownership of Parcels valued herein, parcels for "bulk" groups of lots in EastLake Greens have been sold to builders. These are listed as Davidson Coscan Partners, Fairway Villas, Century American, Fieldstone, Lane Kuhn and Minter Development. The south half of EastLake Greens has an approved subdivision map. The balance of the assessment parcels are contained within the approved EastLake Community Master Plan. These parcels will benefit by the off-site major streets and back bone of utilities to be completed with the funds from Assessment District 90-3. (Please see District Maps and Exhibits). Appendix III - Page 8 KIBBEY COMPANY I A~Cl'P.ssMRNT PAR~ ~ NO. 169 OLYMPIC TRAINING r.RNJ'FI.R DATa Assessor's Parcel Nos. 634-040-07 (150 acres) is located within the approved master plan for the EastLake Community (see enclosed exhibit). This is 150~ acre Olympic Training Center which has an estimated market value of $7,020,000. This is equivalent to low density residential lots as an alternate residential use. After consideration of probable time to reprocess plans/maps approvals for said alternate use. According to Ms. Lori McKinley, the planner for this project, there will be 500 two bedroom 1 bath suites in dormitory buildings, 2 large gymnasiums, 3 smaller gymnasiums, tennis courts, swimming and diving pools, administrative center, central dining hall, recreation rooms, several track and field training facilities, boat launching facilities and a visitor's center with theater administrative offices and a gift shop. On site grading is in progress. This site will be a 365 day/year training facility. Appendix III - Page 9 KIBBEY COMPANY I UMITING CONDmONS AND ASSUMPTIONS In the preparation of this report, certain basic assumptions have been relied upon, and there are also certain limiting conditions which circumscnbe the scope of this report. 1) This report assumes all final approvals for the development of Rancho Del Rey in accord with the approved specific plan. 2) This report assumes that the proposed improvement will be completed in a satisfactory manner in accordance with the approved specific plan prepared and submitted by the developer within a normal and reasonable amount of time. 3) We have relied upon the description of the improvements to be installed in Assessment District No. 90-3 supplied by WiIIdan Associates (Mr. Jerome Fournier). 4) The report assumes any permits, maps, plans or restrictions that are tentative or preliminary at the time of this appraisal will be recorded and approved without significant changes by the appropriate governmental agencies, within a normal and reasonable amount of time. 5) No engineering survey has been made available to the appraiser. Data relative to sizes and areas were provided by the developer and are considered reliable. No encroachment of real property improvements are assumed to exist 6) We have relied upon the approved master plan prepared by Cinti & Associates, Planners for the location of the numbers and types of lots/units contained within each tax assessor's parcel 7) This report assumes no flood hazard potential exists in the EastLake community. 8) It is assumed that the utilization of the land and improvements is within the boundaries or property lines of the property descnbed and that there is no encroachment or trespass unless noted in the report. 9) Estimates of completion time (for proposed or renovation projects) supplied by third parties are expressions of opinion, and the appraiser in utilizing said opinions for esti- mating time of completion cannot warrant the inevitability of such an occurrence, nor should he be held liable in any way through estimation of a date of completion. 10) It is the intent of the appraiser to have complied with the requirements of the Federal Home Loan Bank Board In no way, however, should this report be construed as a precise prediction of future values. At best, it is a reflection of future probabilities based on current and historical trends. Appendix III - Page 10 KIBBEY COMPANY I LIMITING OONDmONS AND ASSUMPTION& (Continued) 11) Unless otherwise stated in this report, the existence of hazardous material, which may or may not be present on the property, was not observed by the appraiser. The appraiser has no knowledge of the existence of such materials on or in the property. The appraiser, however, is not qualified to detect such substances. The presence of substances such as asbestos, urea-formaldehyde foam insulation, or other potentially hazardous materials may affect the value of the property. The value estimate is predicated on the assumption that there is no such material on or in the property that would cause a loss in value. No responsibility is assumed for any such conditions, or for any expertise or engineering knowledge required to discover them. The client is urged to retain an expert in this field, if desired. 12) All mortgages, liens, encumbrances, leases and servitudes have been disregarded unless so specified within this report. The property is appraised as though under responsible ownership and competent management. 13) That no guarantee is made as to the correctness of estimate or opinion furnished by others, and which have been used in making this appraisal 14) Title to the property appraised is assumed to be marketable and free of encumbranc- es. 15) That no liability is assumed on account of matters of a legal nature affecting this property, such as title defects, liens, encroachments, overlapping boundaries, etc.. 16) Maps, photos and plats furnished by this appraiser are not based upon a survey, but are furnished as an aid to the reader in visualizing the property. 17) Possession of this report, or any copy thereof, does not carry with it the right of publications, nor may the same be used for any purpose by anyone but the applicant, without the previous written consent of the appraisers, and in any event, only in its entirety. 18) On a11 appraisals, subject to satisfactory completion, repairs or alterations, the appraisal report and value conclusion are contingent upon completion of the improvements in a workmanlike manner pursuant with the intent of the builder. 19) The appraiser assumes that there are no hidden or unapparent conditions of the property, subsoil, or structures, which would render it more or less valuable. The appraiser assumes no responsibility for such conditions, or for engineering which might be required to discover such factors. 20) This appraisal is made of surface rights only. No analysis has been made of subsurface rights, if any. Appendix III - Page 11 KIBBEY COMPANY I lJMITING CONDmONS AND ASSUMPTIONS (Continued) 21) The depreciated Cost Approach and Income Capitalization Approach to value have been considered, but not felt to be as accurate as the Sales Comparison Approach. 22) The appraisal is to be considered in its entirety and use of only a portion thereof will render the appraisal invalid 23) Appraiser shall not be required by reason of this appraisal to give testimony or to be in attendance in court or any governmental or other hearing with reference to the property without prior arrangements having first been made with the appraisers relative to such employment 24) Appraisers assume no responsibility for economic or physical factors which may affect the opinions herein stated which may occur at some time after the date of appraisal. 25) No opinion is intended to be expressed on matters which require legal expertise or specialized investigation or knowledge beyond that customarily employed by real estate appraisers. 26) The appraiser reserves the right to make such adjustments to the valuation herein reported as may be required by the consideration of additional data or more reliable data that may become available. 27) It is assumed that there is full compliance with all applicable federal, state and local environmental regulations and law unless nonconformity has been stated, defined and considered in the appraisal report 28) It is assumed that all required licenses, consent or other legislative or administrative authority from any local, state, or national governmental or private entity or organi- zation have been, or can be, obtained or renewed for any use on which the value estimate contained in this report is based 29) Any sketch or floor plan in the report may show approximate dimensions and is included to assist the reader in visualizing the property. The appraiser has made no survey of the property. 30) Due to the varying requirements of individual review processes, this report cannot be guaranteed to meet every specific review appraiser's opinion of acceptability. Any changes required by a review appraiser will be completed at the client's expense and at the appraiser's option. 31) Selected portions of this appraisal report shall not be given to third parties without the prior written consent of the signatories of this appraisal report Appendix III - Page 12 KIBBEY CaMP ANY - I LUtffl'ING OONDmONS AND ASSUMPTIONS (Continued) 32) 'The submission of this report constitutes completion of the service authorized It is submitted upon the condition that the client will provide the appraiser customary compensation relating to any subsequent required depositions, conferences, additional preparation or testimony. 33) The appraiser accepts no responsibility for matters of appraisal management as dictated by the Federal Home Loan Bank Board Such matters include, but are not limited to, sequential approval of appraisers, issuance of engagement letters to appraisers and promulgation of specific lending institutional guidelines. 34) A bulk/discounted market value is not presented, nor was it requested Appendix III - Page 13 KIBBEY COMPANY 1- - APPENDIX IV PROPOSED FORM OF: SECURITY ENHANCEMENT AGREEMENT BETWEEN EASTLAKE DEVELOPMENT COMPANY AND THE CITY OF CHULA VISTA Appendix IV I APPENDIX IV The following Security Enhancement Agreement is in form proposed to be executed by EastLake Development Company and tbe City of Chula Vista. While tbis form has been approved in general as of tbe date hereof by tbe parties, it may be subject to minor changes and adjustments as necessary to conform to tbe actual agreement of tbe parties at tbe time of payment for and delivery of tbe Bonds. (However, no material changes will be made to tbe Agreement without tbe written consent of tbe successful bidder for tbe Bonds.) - Appendix IV -- Page I - -I CITY OF CHULA VISTA ASSESSMENT DISTRICT NO. 90-3 LIMITED OBLIGATION IMPROVEMENT BONDS SECURITY ENHANCEMENT AGREEMENT THIS AGREEMENT is made and entered into this day of , 1991, by and among the City of Chula vista ("city"), and EastLake Development Company, a California limited partnership ("Owner"). RECITALS 1. The City Council of the City (the "Legislative Body") has heretofore undertaken proceedings to form an assessment district designated as Assessment District No. 90-3 (EastLake Greens - Phase I) (the "District") pursuant to the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California (the "Act"), for the purpose of financing certain public facilities ("PUblic Facilities") as described in that certain document entitled "Modified Final Engineer'S Report, city of Chula vista Assessment District 90-3, EastLake Greens Phase I Assessment District (Acquisition)" (the "Report"), approved by the Legislative Body on July 9, 1991, the original of which is on file in the Office of the City Clerk of the City. 2. The parties hereto now desire to provide for the issuance of the City of Chula Vista, Assessment District No. 90-3, Limited Obligation Improvement Bonds, in the aggregate principal amount not to exceed $22,352,427.00 (the "Bonds") for the purpose of financing the acquisition or construction of the District's portion of the Public Facilities. 3. Because the current appraised value to assessment lien ratio of property assessed to finance the Public Facilities is less than the three to one (3:1) ratio required by city policy and a significant assessment obligation is against a portion of the District that is owned by Owner for development and sale to the public, prudent and sound underwriting and public issuer standards dictate that the parties hereto provide methods for enhancing the security for the proposed Bonds. 4. The parties hereto, therefore, desire to enter into this agreement to insure the provision of adequate security for the Bonds and to thus facilitate the marketability and acceptability of the Bonds. 1 - Appendix IV -- Page 2 - - I NOW, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS: 1. Letter of Credit. Owner agrees as to all property to which it has title within the District to pay the assessments relative to the Bonds prior to the delinquency date for the payment of such assessments. At any time prior to or concurrently with the transfer of the proceeds received by the city for the Bonds to Owner in payment of the acquisition costs of the Public Facilities, Owner further agrees to provide a letter of credit in a form substantially similar to that attached hereto as Exhibit "A" from a financial institution in accordance with section 5 and acceptable to the city. The letter of credit shall be for at least one (1) year and have a face value equal to one hundred and three percent (103%) of the sum of all the Deficiencies with respect to the property or parcels listed on Exhibit "B" attached hereto. As used herein, the terms "Deficiency" or "Deficiencies" means with respect to a property or parcel an amount equal to three times the sum of all special assessment and special tax liens against the property or parcel minus the appraised value of the parcel. Owner hereby agrees that Exhibit "B" is, as of the date of this agreement true and correct. The letter of credit shall be renewed by Owner annually thereafter, or a substitute letter of credit provided, thirty (30) calendar days prior to its expiration in an amount calculated in accordance with the terms of this section and section 3 of this Agreement. If Owner provides a substitute letter of credit, the city shall return any existing letter of credit at the time of such substitution by Owner. The City may draw upon the full amount of the letter of credit, or any cash deposited in lieu of a letter of credit, in the event any of the following occurs: (i) any delinquency or default exists on any payment of the assessments of the District levied on property listed in Exhibit "B" hereto as amended from time to time as provided in section 3 hereof, (ii) the letter of credit is not renewed by, or a substitute letter of credit is not provided by, the Owner or Transferee (as herein defined) thirty days prior to its expiration as provided in the immediately preceding paragraph or (iii) the issuer of the letter of credit fails at any time to meet the criteria of section 5 hereof; provided, however, the City will not draw on any letter of credit because of the occurrence of an event described in phrases (i) and (iii) of the first sentence of this paragraph unless and until the City has provided the Owner (or Transferee) thirty (30) days written notice of its intent to draw on the letter of credit and the Owner (or Transferee) has not cured such event. The total amount of the letter of credit shall be drawn at the time a draw is made. If the full amount of the letter of credit is drawn by the City, the city shall deposit the proceeds in a redemption fund. Thereafter, amounts in said fund shall be used to redeem Bonds at 2 - Appendix IV -- Page 3 - I the earliest date practicable and to the greatest extent possible. The Director of Finance of the city and his or her designated representatives are hereby authorized by the city to draw on the letter of credit and provide for the reduction and termination of any letter of credit as may be required and according to the terms of this Agreement. Owner shall bear all costs associated with posting any letter of credit. 2. Substitution. If the property owned by Owner is sold or transferred in its entirety by Owner, a letter of credit on the same terms specified hereinabove and hereinafter may be furnished by the purchaser or transferee (the "Transferee"). The issuing financial institution and the form and terms of said letter of credit will be subject to reasonable prior approval by the Director of Finance of the City and his or her designated representatives. All terms provided in this Agreement are applicable to the Transferee. In the event the Transferee fails or refuses to deliver a substitute letter of credit, the letter of credit with Owner as the account party shall be maintained. 3. Reduction and Termination. The letter of credit provided by Owner and any other letter of credit required by this Agreement from a transferee may be reduced or terminated annually on July 1 of each year as specifically hereinafter set forth upon the occurrence of the fOllowing event: If it can be established by an independent appraisal performed by a qualified MAl appraiser approved by the City, which approval shall not be unreasonably withheld, that the fair market value of any property or parcel in the District listed in Exhibit "B" hereto is equal to or exceeds three (3) times the sum of the property or parcel's current and prior special assessments and the capitalized value of special taxes, the property or parcel in question shall be released from the letter of credit requirement regarding said property or parcel and the letter of credit then outstanding shall be proportionately reduced. Such proportionate reduction shall be in an amount equal to 103% of such parcel's Deficiency as set forth in Exhibit "B". The city shall accept a letter appraisal with appropriate supporting documentation for purposes of such appraisal. Upon receipt of the appraisal described hereinabove, the City shall promptly review the valuation made therein and shall notify the Owner of its approval thereof on or before July 1 of each year, which approval shall not be unreasonably withheld. concurrently with its approval of the MAl appraisal, the City shall execute an amendment to Exhibit "B" to delete any parcels which no longer have a Deficiency and shall provide notice to the provider of the letter of credit of the reduction. 4. Additional Debt. Property Owner will not initiate, consent in writing to, or in any way cooperate in the issuance of additional publicly financed debt resulting in a special tax or 3 - Appendix IV -- Page 4 - I assessment being levied on the property subject to the assessment being levied for the payment of the Bonds if such additional debt would result in publicly financed debt on the property in excess of one third the value of the property. 5. Terms of Letters of Credit. Any letter of credit posted pursuant to this Agreement shall be an irrevocable, unconditional letter of credit with a term of not less than one year. The financial institution issuing any letter of credit shall, at the time of the issuance thereof and at all times thereafter, be a domestic bank and shall be rated "A" or better by Moody's Investor Service or Standard & Poor's. All cash balances, or additional securities, or obligations directly pledged as collateral for the letter of credit shall be invested at a yield which is equal to or less than the yield on the Bonds and the Developer shall provide to or cause to be provided to, the city evidence of compliance with such investment limitation. 6. Cash Deposits. The Owner may at any time deposit cash in lieu of a letter of credit as hereinafter provided. Any cash deposit provided for herein shall be deposited to the credit of, and in the name of, the City in a bank account designated by the City. All accrued interest shall be paid to the party providing same on the first day of each calendar year quarter. The maximum interest rate earned on such deposit shall not be permitted to exceed the "yield" on the Bonds as such term is defined in the Internal Revenue Code of 1986. 7. Replacement of Cash Deposits or Letter of Credit. Any letter of credit or cash deposit posted with the City pursuant to the provisions of this agreement may be replaced at any time, with five (5) business days notice, by a letter of credit subject to the same terms and conditions and in the same amount as the substituted letter of credit or cash deposit. Upon receipt of such replacement letter of credit, the City shall concurrently return the substituted letter of credit or cash deposit to the person or entity posting such letter of credit or making the cash deposit. 8. Assiqnment. This Agreement shall be binding upon the heirs, successors and assigns of the parties hereto. 9. Amendments. This Agreement may not be amended except by written instrument executed by the parties hereto. 10. Attorney's Fee's. Should any action be brought in any court of competent jurisdiction, the prevailing party in such action shall be entitled to recover all reasonable attorney's fees and court costs incurred in connection with such litigation. 4 - Appendix IV -- Page 5 - "I IN WITNESS WHEREOF, this agreement was executed by the authorized representatives of the parties hereto on the date first hereinabove written. CITY OF CHULA VISTA By: Mayor ATTEST: City Clerk APPROVED AS TO FORM AND LEGAL ADEQUACY: City Attorney EASTLAKE DEVELOPMENT COMPANY a California limited partnership By: 5 - Appendix IV -- Page 6 - I BOARD OF PORT COMMISSIONERS CHAIRMAN OF THE BOARD July 18, 1991 The Honorable Tim Nader Mayor, City of Chula Vista 276 4th Avenue Chula Vista, CA 91910 Dear Mayor Nader, On June 18, 1991, the Board of Port Commissioners adopted a policy to formally create an Equal Opportunity Advisory Committee. As stated in the new Policy, it is the Board's intent that the Equal Opportunity Advisory Committee (EOAC) reflect the diversity of our community through the maximum representation of both ethnic minorities and women. A copy of the adopted policy is enclosed. Five of the eight committee appointments to the EOAC are to be made by the City Councils of the District's member cities. The Policy provides for the January appointment of those committee members. Since there are but a few months remaining in this calendar year, it is suggested this first appointment be for 17 months, expiring December 31, 1992. Member City Councils would then make yearly appointments (or reappointments) commencing in January 1993. The Board invites you to submit the name of your City's appointee to the Equal Opportunity Advisory Committee. It is hoped all appointments could be made by August 30, 1991. If you would like additional information regarding the Committee, feel free to contact me; Commissioner Graves, Committee Chair; or Elizabeth Moore-Stump, the District's DBE Liaison and Affirmative Action Officer. All may be reached at 291-3900. I look your appoin respond forward to hearing from you soon and working with '. rt's continuing efforts to solicit input, and he minority and women communities. ~ nrrnl/"D Respectfully, 11( /..;i..J if ,\. J U ('" · L (u "j~,_C ~ V ~ '"'- Y--I.'- ~ AlAv 'v.' , "1 ~'" \5 ~ '110R'S ~~j I Do.. ChUff} I,. O(NCE , VIsta C4 RP'ph '1.;'>" '. //. . / >-.. , <-"\ ~< Enclosure '''':'''7-'-,-:.':,), -~' ROBERT PENNER, M.D. Chairman 210--\ BPC Policy No. 500 Page 1 of 2 SAN DIEGO UNIFIED PORT DISTRICT SUBJECT: Equal Opportunity Advisory Committee PURPOSE: To create an Equal Opportunity Advisory Committee to the Board of Port Commissioners (Board) to advise the Board on matters dealing with the San Diego Unified Port District's (District) affirmative action programs, disadvantaged business enterprise programs, and other equal opportunity matters involving the District. POLICY STATEMENT: 1. An Equal Opportunity Advisory Committee (Committee) shall be established. a. Committee shall be composed of a minimum of eight members and in no instance more than eleven members: three Port Commissioners, one of whom shall be designated by the Chairman of Board to serve as Committee Chair; one appointee by each of the member City Councils; and three at large members appointed at the discretion of the Chairman of the Board of Port Commissioners. It is the goal of the Board to achieve maximum participation of minorities and females on the Committee; in the event that the non- commissioner members appointed by the City Councils are not representative of the San Diego community's ethnic population, the Chairman of the Board of Port Commissioners will use a maximum of three at large appointees to achieve ethnic balance for the Committee. i) Commencing in 1991, anc:1 each year th~reafter, non-commlSSJOner committee members shall serve Ol:e year terms. Said one ycar term shall commence January 1 of the year in which Committee members are appointed by their respective City Councils. ii) Should a Committee vacancy occur prior to the end of the scheduled one year term, the Board shall request the City Council to appoint a replacement for the unexpired term. iii) The District Clerk (Clerk) shall maintain a record of the current Committee members appointed and their term expirations. 2l"-..-2. BPC Policy No. 500 Page 2 of 2 iv) Each January the Board shall be advised by each of the member cities' City Councils as to who has been appointed as the representative to the Committee. Should the appointment/reappointment of any Committee member not be made prior to January 1, the existing member shall hold over until such appointment/reappointment is made. b. Committee's purpose is to: review District programs with respect to affirmative action, disadvantaged business enterprise participation, and other equal opportunity issues; consider making recommendations with respect to the above referenced programs and other equal opportunity issues; and advise Board as may be required. c. Committee members shall receive no compensation for their services. 'd. Committee members shall be subject to filing economic disclosure statements in accordance with the Political Reform Act and the District's Conflict of Interest Code. e. Committee meetings shall be noticed and open to the public. It shall be the policy of Committee to actively solicit participation from minority and female community members and to encourage these constituents to use Committee as a forum for providing input on' the District's affirmative action and disadvantaged business enterprise programs, and other equal opportunity issues. f. Committee is advisory in nature and shall have no authority to negotiate for or commit the District in any respect. g. Committee shall meet at the call of its Chairman, and no less frequently than quarterly. h. Any recommendations endorsed by a majority of the Committee shall be transmitted in a written report to the Board. RESOLUTION NUMBER AND DATE: 91-205,18 June 1991 2 \"'-. - ~