HomeMy WebLinkAbout00 - Engineer's ReportCITY OF NEWPORT BEACH,
CALIFORNIA
INVESTIGATION REPORT
Pursuant to the provisions of the "Special
Assessment Investigation, Limitation and Majority Protest
Act of 19311", being Part 2, Division IV of the Streets and
Highways Code of the State of California, and in accordance
with an order of the City Council of the City of Newport
Beach, California, adopted on the 12th day of September,
191�91 I beg to submit herewith the following information
and report.
/9 s/9
Dated. �CG . .2 7 4 �Igga.
City Engineer
ppointed to prepare report
REPORT
The City Engineer of the City of Newport Beach,
California, pursuant to the instructions of the City Council
of said City, hereby makes and files the following report
and recommendations:
1. That the general nature, location and extent
of the proposed improvement for the construction of cement
concrete sidewalk and curb on the Northeasterly side of
Ocean Front, between 30th Street and 36th Street, m d the
boundaries- of the district or lands to be specially assessed
to pay the cost thereof, are each shown upon Map No. 427,
consisting of one sheet, filed with this report, and by this
reference made a part of this report,
2, That the entire cost of said proposed improvement
shall be assessed against the lands to be benefited thereby
and herein described,
3, That the proposed improvements shall be made
under the provisions of the 4' Improvement Act of 191111, being
Division VII of the Streets and Highways Code of the State
of California,
4• That it is hereby determined that serial bonds -
to represent unpaid assessments and bearing interest at the
rate of six per cent (6%) per annum, shall be issued to represent
each assessment of Twenty-five Dollars ($25,00) or more remaining
unpaid for thirty (30) days after the date of the warrant,
Said serial bonds shall extend over a period ending nine (9)
years from the second day of January next succeeding the next
October 15th following their date, the said bonds to be issued
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under the provisions of the said "Improvement Act of 191P ,
being., Bivision VII of said Streets and Highways Code.
5. That the assessed values shown herein are
based on the last equalized County assessment roll of the
County of Orange, California.
6. That the estimated cost of the proposed
improvement is as follows;
Estimated amount of construction . . . . . . 5,480,,00
Estimated amount of incidental expenses . . 548.80
Total estimated cost of proposed improvement
to be net by special assessment upon
benefited property . . . . . . . . . 62028.80
Total assessed value of land in the district $ 3604NOO
Total true value of said lands . . . . . . . 72,680.00
Total assessed value of improvements:
on said lands . . . . . . 41,170,00
Total estimated amount of direct benefit
assessments, outstanding . . . None
Total estimated amount of advalorem assessments — None
Total estimated amount of the assessment
for the proposed improvement
to be levied . . . . . . . . . 62028.80
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Pursuant to the exceptions under Section 2805
of said "Special Assessment Investigation, Limitation and
Majority Protest Act of 1931", the limitations set up in said
Act are not affected by outstanding bonds heretofore issued
by said City of Newport Beach, where such bond obligations
have been authorized by vote of a majority or two-thirds of
the qualified electors of said City..
On the following page, in the column headed -
"Parcel Number" is shown the number of each parcel of land
in the district to be assessed, corresponding to the parcel
numbers shown in red ink on the Map No. 427, consisting of
one sheet, filed with and as a part of this report„
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I HEREBY CERTIFY that the within report was
presented to the City Council of the City of Newport Beach,
California, at its meeting held on the .2 % 7-4 day of
Aee - i—, e P , 19% and that said report was on said
day, filed with the City Clerk of said City and ex-officio
4ue��.Jn.y
Clerk of the City Council of said City, and -Meiay� the
i�
& "4 day of February, 1950, at the hour of seven -thirty
otclock (7;30) P.M. was the day and hour, and the Council
Chamber of said City Council was the place fixed by said
City Council when and where any and all persons may appear
before said City Council and be heard on any of the matters
pertaining to said report,
CXty Clerk and Ex�-officio Clerk
of the Council of the
City of Newport Beach, California