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HomeMy WebLinkAbout1997-03-25; City Council; Resolution 97-415%, w e L 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 97-415 RESOLUTION OF THE CITY COUNCIL OF THE CARLSBAD, CALIFORNIA, DECLARING INTENTION TO ORDER THE INSTALLATION OF CERTAIN IMPROVEMENTS IN A PROPOSED ASSESSMENT DISTRICT; DECLARING THE WORK TO BE OF MORE THAN LOCAL OR ORDINARY BENEFIT; DESCRIBING THE DISTRICT TO BE ASSESSED TO PAY THE COSTS AND EXPENSES THEREOF; AND PROVIDING FOR THE ISSUANCE OF BONDS THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The public interest and convenience require, and it is the intention of this body, pursuant to the provisions of Division 12 of the Streets and Highways Code of the State of California (the ItMunicipal Improvement Act 1913") , to order the installation of certain public improvements, together with appurtenances and appurtenant work, in a special assessment district known and designated as ASSESSMENT DISTRICT NO. 95-1 (CARLSBAD RANCH) (hereinafter referred to as the ltAssessment Districttt) . DESCRIPTION OF IMPROVEMENTS A. The financing of major public improvements generally described as acquisition and construction of the following items, including all necessary appurtenances: 1. CANNON ROAD from Car County Drive to Leg0 Drive, constructed to arterial standards with four traffic lanes and a raised median within a 102 foot right-of-way including the following improvements: grading, roadway/surface improvements, water, sewer and landscaping. 2. Improvements to the north side of existing PALOMAR AIRPORT.DRIVE from Paseo del Norte to Hidden Valley Road, .. W 0 L 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 including the following: grading, roadway/surface improvements including median, traffic signal modification at Paseo Del Norte and Armada Drive., landscaping, relocation of utilities and undergrounding of overhead electric lines. 3. ARMADA DRIVE from Leg0 Drive to Palomar Airport Road, and LEG0 DRIVE from Cannon Road to Roundabout and end of right-of-way, constructed with four traffic lands and raised median in some areas, including the following improvements: grading, roadway/surface improvements, traffic signals, street lights, sewer, water, reclaimed water and landscaping. 4. Storm drain improvements in ARMADA DRIVE and in an easement in Leg0 Drive. 5. The relocation of an existing water line located easterly of ARMADA DRIVE. 6. Pedestrian sidewalk improvements (wide sidewalk, retaining wall, landscaping and benches) located along the western side of ARM24DA DRIVE and in an easement along the western and southern side of assessment number 22. 7. Acquisition of the existing lien for Assessment District No. 86-1 (Palomar Airport Road West). 8. The proposed work shall also include design engineering services (including preparation of plans, specifications and cost estimates), environmental, archaeology, paleontology, planning studies, surveying and staking, construction management, inspection, financial advisor, assessment engineering, legal and bond counsel services, City administration services and other expenses associated with the work effort. *. w 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ~ 26 27 28 I B. All of said work and improvements are to be installed at the places and in the particular locations, and to the sizes, dimensions and materials, to the lines, grades and elevations as shown and delineated upon the plans, profiles and specifications, all to be made a part of the Engineer's I1Reportt1. C. The description of the improvements contained in this Resolution is general in nature, and the plans and profiles of the work as contained in the Engineer's "Report11 shall be controlling as to the correct and detailed description thereof. DESCRIPTION OF ASSESSMENT DISTRICT SECTION 2. That said improvements are of direct benefit to the properties and land within the Assessment District, and this legislative body hereby makes the expenses of said work and improvement chargeable upon a district, which is described as follows: All that certain territory in the District included within the exterior boundary lines shown on the plat exhibiting the property benefited and to be assessed to pay the costs and expenses of said work and improvements in the Assessment District, said map titled "PROPOSED BOUNDARIES OF ASSESSMENT DISTRICT NO. 95-1 (CARLSBAD RANCH)", and which map was heretofore approved and which said map is on file with the transcript of these proceedings, EXCEPTING therefrom the area shown within the area of all public streets, easements or public rights-of-way. For all particulars as to the boundaries of the Assessment District, reference is hereby made to said previously approved boundary map. REPORT OF ENGINEER SECTION 3. That this proposed improvement is hereby referred ., w W 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 to GALEN N. PETERSON, CONSULTING ENGINEER, who is hereby directed to make and file the report in writing containing the following: A. Plans and specifications of the proposed improvements; B. An estimate of the cost of the proposed works of improvement, including the cost of the incidental expenses, in connection therewith; C. A diagram showing the Assessment District above referred to, which shall also show the boundaries and dimensions of the respective subdivisions of land within said Assessment District, as the same existed at the time of the passage of the Resolution of Intention, each of which subdivisions shall be given a separate number upon said Diagram; D. A proposed assessment of the total amount of the assessable costs and expenses of the proposed improvement upon the several divisions of land in proportion to the estimated benefits to be received by such subdivisions, respectively, from said improvement. Said assessment shall refer to such subdivisions upon said diagram by the respective numbers thereof; E. The description of the works of improvement to be installed under these proceedings, and acquisition, where necessary. When any portion or percentage of the cost and expenses of the improvements is to be paid from sources other than assessments, the amount of such portion or percentage shall first be deducted from the total estimated costs and expenses of said work and improvements, and said assessment shall include only the remainder of the estimated costs and expenses. Said assessment *. w w 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 shall refer to said subdivisions by their respective numbers as assigned pursuant to Subsection D. of this Section. BONDS SECTION 4. Notice is hereby given that bonds to represent the unpaid assessments, and bear interest at the rate of not to exceed the current legal maximum rate of 12% per annum, will be issued hereunder in the manner provided in the tlImprovement Bond Act of 1915tt, being Division 10 of the Streets and Highways Code of the State of California, which bonds shall be issued not to exceed the legal maximum term as authorized by law, THIRTY-NINE (39) YEARS from the second day of September next succeeding twelve (12) months from their date. The provisions of Part 11.1 of said Act, providing an alternative procedure for the advance payment of assessments and the calling of bonds shall apply. The principal amount of the bonds maturing each year shall be other than an amount equal to an even annual proportion of the aggregate principal of the bonds, and the amount of principal maturing in each year, plus the amount of interest payable in that year, will be generally an aggregate amount that is equal each year, except for the first year's adjustment. Pursuant to the provisions of the Streets and Highways Code of the State of California, specifically Section 10603, the Treasurer is hereby designated as the officer to collect and receive the assessments during the cash collection period. Said bonds further shall be serviced by the Treasurer or designated Paying Agent. /I/ /I/ .a w w 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Refundinq Any bonds issued pursuant to these proceedings and Division 11.5 of the Streets and Highways Code of the State of California (a) may be refunded (b) the interest rate on said bonds shall not exceed the maximum interest rate as authorized for these proceedings, and the number of years to maturity shall not exceed the maximum number as authorized for these bonds unless a public hearing is expressly held as authorized pursuant to said Division 11.5, and (c) any adjustments in assessments resulting from any refundings will be done on a pro-rata basis. Any authorized refunding shall be pursuant to the above conditions, and pursuant to the provisions and restrictions of Division 11.5 of the Streets and Highways Code of the State of California, commencing with Section 9500, and all further conditions shall be set forth in the Bond Indenture to be approved prior to any issuance of bonds. "MUNICIPAL IMPROVEMENT ACT OF 1913" SECTION 5. That except as herein otherwise provided for the issuance of bonds, all of said improvements shall be made and ordered pursuant to the provisions of the "Municipal Improvement Act of 1913Iv, being Division 12 of the Streets and Highways Code of the State of California. SURPLUS FUNDS SECTION 6. That if any excess shall be realized from the assessment, it shall be used, in such amounts as the legislative body may determine, in accordance with the provisions of law for one or more of the following purposes: I// w * I. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 A. Transfer to the general fund; provided that the amount of any such transfer shall not exceed the lesser of One Thousand Dollars ($l,OOO,OO) or five percent (5%) of the total from the Improvement Fund; B. As a credit upon the assessment and any supplemental assessment; C. For the maintenance of the improvement; or D. To call bonds. SPECIAL FUND SECTION 7. The legislative body hereby establishes a special improvement fund identified and designated by the name of this Assessment District, and into said Fund monies may be transferred at any time to expedite the making of the improvements herein authorized, and any such advancement of funds is a loan and shall be repaid out of the proceeds of the sale of bonds as authorized by law. PRIVATE CONTRACT SECTION 8. Notice is hereby given that the public interest will not be served by allowing the property owners to take the contract for the installation of the improvements , and that, as authorized by law, no notice of award of contract shall be published. This limitation does not prohibit the property owners from financing all or a portion of the improvements through a private acquisition agreement. GRADES SECTION 9. That notice is hereby given that the grade to which the work shall be done is to be shown on the plans and profiles therefor, which grade may vary from the existing grades. The work 4. w w 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 herein contemplated shall be done to the grades as indicated on the plans and specifications, to which reference is made for a description of the grade at which the work is to be done. Any objections or protests to the proposed grade shall be made at the public hearing to be conducted under these proceedings. PROCEEDINGS INQUIRIES SECTION 10. For any and all information relating to these proceedings, including information relating to protest procedure, your attention is directed to the person designated below: JIM ELLIOTT, FINANCIAL MANAGEMENT DIRECTOR CITY OF CARLSBAD 1200 CARLSBAD VILLAGE DRIVE CARLSBAD, CA 92008 TELEPHONE: (619) 434-2948 Written protests should be addressed to the City Clerk and mailed to the address listed above. ACQUISITION SECTION 11. That the public interest, convenience and necessity requires that acquisition shall be authorized as follows: A. Acquisition of any rights-of-way, land and/ or easements necessary to accomplish the works of improvement, if appropriate. B. Acquisition of eligible facilities as constructed pursuant to an Acquisition Agreement previously approved,and herein again ratified between City and property owner. C. Acquisition of outstanding special assessment liens previously levied for Assessment District No. 86-1 (Palomar Airport Road West). /// ~ /// *. w e 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NO CITY LIABILITY SECTION 12. This legislative body hereby further declares not to obligate itself to advance available funds from the Treasury to cure any deficiency which may occur in the bond redemption fund. This determination is made pursuant to the authority of Section 8769(b) of the Streets and Highways Code of the State of California, and said determination shall further be set forth in the text of the bonds issued pursuant to the "Improvement Bond Act of 191511. PETITION SECTION 13. That a petition signed by property owners representing more than 60% in area of the property subject to assessment for said improvement has been signed and filed with the legislative body and approved, and no further proceeding or actions will be required under Division 4 of the Streets and Highway Code of the State of California, the "Special Assessment Investigation, Limitation and Majority Protest Act of 193ltg. WORK ON PRIVATE PROPERTY SECTION 14. It is hereby further determined to be in the best public interest and convenience and more economical to do certain work on private property to eliminate any disparity in level or size between the improvements and the private property. The actual cost of such work is to be added to the assessment on the lot on which the work is done, and no work of this nature is to be performed until the written consent of the property owner is first obtained. ANNUAL ADMINISTRATIVE ASSESSMENT SECTION 15. It is hereby declared that this legislative body b * m I 1 proposes to levy an annual assessment pursuant to Section 10204 of 11 2 registration of any associated bonds and their related funds. 6 collection of assessments or from the administration or 5 otherwise reimbursed which result from the administration and 4 annual assessment to pay costs incurred by the City and not 3 the Streets and Highways Code of the State of California, said 7 PASSED, APPROVED AND ADOPTED at a regular meeting of the City 8 1997, by the following vote: 9 Council of the City of Carlsbad, held on the 25th day of March , 10 ABSENT: Council Members Nygaard and Kulchin 12 NOES: ' None 11 AYES: Council Members Lewis, Finnila and Hall 13 II ABSTAIN : None 14 15 16 17 18 ATTEST : 19 20 21 22 23 24 25 26 27 28 I/ ALETHA L. RAUTENKRANZ, City Clbrk I