HomeMy WebLinkAboutAgenda Statement 1988/07/19 Item 17
COUNCIL AGENDA STATEMENT
Item 1 7
Meeting Date 7/19/88
ITEM TITLE: Resol uti on /3 ~ 7 / Orderi ng certai n changes and
modifications in assessments in Assessment District 85-2
pursuant to the IIMunicipal Improvement Act of 1913"
SUBMITTED BY: Director of Public Works/City Engineer ~
REVIEWED BY: City Manager~ (4/5ths Vote: Yes_No X )
On t,1ay 13, 1986, the City Council approved the formation of Assessment
District 85-2 to provide certain sewer, water and street improvements to the
EastLake development. At the same time, the City Council confirmed the
assessments and liens to be placed on properties within the district.
RECOMMENDATION: Adopt the resolution listed above.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
The assessments in District 85-2 were distributed among the properties within
the district using information on densities and development plans that was
available at the time of formation of the district. Since that time, two
deve 1 opers, the Fi e 1 dstone Company and Brehm Communi ti es, have requested and
obtained rezoning on lots that they proposed to develop.
The Fieldstone property, Chula Vista Tract 87-12, was rezoned to reduce the
number of allowable dwelling units from 101 to 60. The Brehm Communities
property, Chula Vista Tract 87-9 (Vista Cortina) was rezoned to reduce the
number of allowable dwelling units from 201 to 160.
One result of reducing the number of dwelling units on the properties is that,
since the total assessment on the properties is fixed, the assessments on the
i ndi vi dual lots woul d be increased to a poi nt where they woul d be
significantly higher than comparable units within the district. Reducing the
assessments to a value comparable with similar units produces a shortfall in
the amount of $68,589.75. This shortfall is the difference between the
exi sting assessments for the two properti es and the aggregate assessments to
be placed on the subdivided lots as shown on the table below.
1&'/1'
Page 2, Item 17
Meeting Date-,yrgygs
Original Assessments
Property
No. of Units
Assessment/Unit
Total Assessment
CVT 87-9
CVT 87-12
201 SFD
101 Condo
302
1052.84
877.17
$211 ,621. 87
88,593.78
$300,215.65
Rezoned Assessments
Property
No. of Units
Assessment/Unit
Total Assessment
CVT 87-9
CVT 87-12
160 SFD
60 SFD*
mr
1052.84
1052.84
$168,455.20
63,170.70
$2j1 , 625.90
Shortfall - $ 68,689.75
Thi s shortfall must either be pai d off or transferred to another property
capab 1 e of accepti ng the Assessment. The EastLake Development Company has
requested that the assessment be transferred to undeveloped land within the
EastLake Greens area under their ownership.
Staff has no Objection to the proposal. The EastLake Development Company has
been informed that this transfer does not constitute an approval of increased
density, and that when the Greens is developed the same situation may arise.
If that occurs, the developer will have to pay this shortfall and any
additional shortfall that may arise.
A plat is available for Council viewing.
FISCAL IMPACT: None.
* The assessment per unit was increased because the development changed from a
condominium development to a single family dwelling development.
ST/mag:AY069
WPC 3714E
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