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HomeMy WebLinkAbout91-335 - Resolutions RESOLUTION NO. 91-335 A RESOLUi~ON OF T~E CITY COUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, DECLARING INTENTION TO ORDER THE II~TST~T,~rATION OF CERTAIN IMPRO~S 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 ~ ISSUANCE OF BONDS NOW, THEREFORE, the City Council of the City of Rancho Cucamonga 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 "Municipal Improve- ment 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. 89-1 (hereinafter referred to as the "Assessment District"). DESCRIPTION OF IMPROVS~ENTS A. The financing of certain public improvements described as the installation of certain public street improvements in MITIIKEN AVS~-gE and other streets, including landscaping, sewer, water, drainage, street lights, underground electrical and cc~u,unication facilities, gas lines and railroad crossing improvements, together with appurtenances and appurtenant work, to serve and benefit properties within the boundaries of the Assessment District. B. Said streets, rights-of-way and easements shall be shown upon the plans herein referredto and to be filed with these proceedings. C. All of said work and improvements are to be installed at the places and in the particular locations, of the forms, sizes, dimensions and materials, and at the lines, grades and elevations as shown and delineated upon the plans, profiles and specifications to be made therefor, as hereinafter provided. D. The description of the improvements and the termini of the work contained in this Resolution are general in nature. All items of work do not necessarily extend for the full length of the description thereof. The plans and profiles of the work as contained in the Engineer's "Report" shall be controlling as to the correct and detaileddescription thereof. E. Whenever any public way is herein referred to as running between two public ways, or from or to any public way, the intersections of the public ways referred to are included to the extent that work shall be shown on the plans to be done therein. F. Notice is hereby given of the fact that in many cases said work and improvement will bring the finished work to a grade different from that formerly existing, and that to said extent, said grades are hereby changed and said work will be done to said changed grades. Resolution No. 91-335 Page 2 DESCRIPTION OF ASSESSMENT DISTRICT SECTION 2: That said improvenmnts and work 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 said Assessment District is hereby declared to be the Assess- ment District benefited by said work and improvements and to be assessed to pay the costs and expenses thereof, including incidental expenses and costs andwhich is described as follows: All that certain territory in the District included within the exterior boundary lines shown on the plat exhibiting the property affected or benefited by or to be assessed to pay the costs and expenses of said work and improvements in the Assessment District, said map titled and identified as "PROPOSED BOUNDARIES OR ASSESSMENT DISTRICT NO. 89-1", and which map was heretofore approved and which said map or diagram is on file with the transcript of these proceedings, EXCEPTING therefrom the area shown within and delineated upon said map or plat hereinabove referred to, the area of all public streets, public avenues, public lanes, public roads, public drives, public courts, public alleys, and all easements and rights-of-way therein contained belonging to the public. For all particulars as to the boundaries of the Assessment District, reference is hereby made to said boundary map heretofore previously approved and on file. REPORT OFENGINEER SECTION 3: That this proposed improvement is hereby referred to NBS/LOWRY, 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 improve- ment, 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 sub- divisions of land within said Assessm~nt District, as the same existed atthe 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 sub- divisions, 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 Resolution No. 91-335 Page 3 costs and expenses of said work and improvements, and said assessment shall include only the remainder of the estimated costs and expenses. Said assess- ment 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 twelve percent (12%) per annum, will be issued hereunder in the manner provided in the "Improvement Bond Act of 1915", being Division 10 of the Streets and Highways Code of the State of California, which bonds shall mature a maximum of and not to exceed 5WENTY-FOUR (24) 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 t_hat is equal each year, except for the first year's adjustment. Pur~ant 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. REFUNDING Any bonds issued pursuant to these proceedings and Division (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 p~ro-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 IMPROV[PIENT ACT OF 1913" S~CTION 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 1913", being Division 12 of the Streets and Highways Code of the State of California. Resolution No. 91-335 Page 4 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 mmre of the following purposes: A. Transfer to the general fund; provided that the amount of any such transfer shall not exceed the lesser of One Thousand Dollars ($1,000.00) or five percent (5%) of the total from the Improvement Fund; B. As a credit upon the assessment and any supplemental assess~_nt; or C. For the maintenance of the improvement. SPECIAL FUND SECTION 7: The legislative body hereby est~_blishes 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 a~t of funds is a loan and shall be repaid out of the proceeds of the sale of bonds as authorized by law. 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. 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 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 reference is made for a description of the grade at which the work is to be done. Any objec- tions 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 proceed- ings, including information relating to protest procedure, your attention is directed to the person designated below: JERRY FUI3~D, DEPUTY CITY MANAGER CITY OF RANCHO CUCAMONGA P.O. BOX 807 RANCHO CUCAMONGA, CA 91729 TFr .F~HONE: (714) 989-1851 Resolution No. 91-335 Page 5 PUBLIC PROPERTY SECTION 11: All public property in the use and performance of a public function shall be omitted from assessment in these proceedings unless expressly provided and listed herein. NO CITY LIABILITY SECTION 12: ~nis 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 fhurt_her be set forth in the text of the bonds issued pursuant to the "Improvement bond Act of 1915". PETITION SECTION 13: That a petition signed by property owners representing more than sixty percent (60%) in area of the property subject to assessment for said improvement has been signed and filed with the legislative body, and no further proceedings or actions will be required under Division 4 of the Streets and Highways Code of the State of California, the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931". WORK ON PRIVATE PROPERTY S~/FfON 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 proposes to levy an annual assessment pursuant to Section 10204 of the Streets and Highways Code of the State of California, said annual assessment to pay costs incurred by the City and not otherwise reimbursed which result from the administration and collection of assessments or from the administration or registration of any associated bonds and reserve of other related funds. AGR~ FOR IMPROVEMENTS SECTION 16: It is hereby further declared that certain of the improvements will be under the ownership, management and maintenance of a public agency or public utility other than the city conducting the proceed- ings. In order to authorize the financing of said improvements, Streets and Highways Code Section 10110 specifically requires that an agreement be entered into between the city and the respective agency or utility setting forth certain of the terms and conditions regarding the facilities. Those Agree- ments shall be approved and on file prior to the public hearing; said Agree- ments to relate to the following: Resolution No. 91-335 Page 6 A. WATER IMPROVISMENTS: CUCAMONGA COUNTY WATER DISTRICT B. RAILROAD IMPROVI~4EbrfS: ATCHISON TOPEKA AND SANTA FE ~Y PASSED, APPROVED, and ADOPTED this 6th day of November, 1991. AYES: Alexander, Buquet, Williams, Wright NOES: None ABSENT: Stout / ' / f / ' .~- ., ,~'~.,× . ~ William J. Alexander, Mayor Pro-Tem ~bra J. City Clerk I, DEBRA J. ADAMS, CITY CI,k-RK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held on the 6th day of Nove~, 1991. Executed this 7th day of November, 1991 at Rancho Cucamonga, California. ' ~ebra J. Ad~, City Clerk