HomeMy WebLinkAbout2007-73 - Assessment District 92RESOLUTION NO. 2007= 73
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT
BEACH RECEIVING A PETITION FOR, ADOPTING A MAP SHOWING THE
PROPOSED BOUNDARIES OF, AND MAKING APPOINTMENTS FOR
PROPOSED ASSESSMENT DISTRICT NO. 92
WHEREAS, this legislative body has received from certain property owners an
executed petition (the "Petition ") requesting the formation of a special assessment district,
to be designated as Assessment District No. 92 (the "Assessment District "), to provide for
the conversion of certain overhead electrical and communication facilities to underground
locations as described in the Petition, together with appurtenances and appurtenant work
in connection therewith, pursuant to the terms and provisions of the ordinances of the City
of Newport Beach and the "Municipal Improvement Act of 1913 ", being Division 12 of the
Streets and Highways Code of the State of California (the "Act ");
WHEREAS, this legislative body finds that the Petition has been signed by owners
owning more than sixty percent (60 %) in area of all assessable property within the
boundaries of the proposed Assessment District;
WHEREAS, this legislative body has received a map (the "Map ") showing and
describing the boundary of the area proposed to be assessed in the Assessment District;
NOW, THEREFORE, BE IT Determined, Resolved, and Ordered as follows:
SECTION 1. The above recitals are all true and correct.
SECTION 2. The Petition shall be retained as a permanent record and remain open
to public inspection.
SECTION 3. The Map is hereby approved and adopted. The original map of the
boundaries of the proposed Assessment District and one copythereof are to be filed in the
Office of the City Clerk.
SECTION 4. A certificate shall be endorsed on the original Map and on at least one
copy of the Map evidencing the date and adoption of this Resolution, and within fifteen (15)
days afterthe adoption of a resolution fixing the time and place of hearing on the formation
and extent of the Assessment District, a copy of the Map shall be filed with the correct and
proper endorsements thereon with the County Recorder, all in the manner and form
provided in Section 3111 of the Streets and Highways Code of the State of California.
SECTION 5. Stephen G. Badum P.E., Director of Public Works for the City of
Newport Beach, is hereby appointed to perform all of the duties and functions of the
Superintendent of Streets for the Assessment District as said duties are specified and
designated in the Act. The place for recordation of the assessment roll and diagram shall
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be in the office of the appointed Superintendent of Streets, and said assessment roll and
diagram, upon recordation, shall be kept as a permanent record.
SECTION 6. The Daily Pilot is hereby designated as the newspaper for all
publications as required by law and as necessaryfor the Assessment District proceedings.
SECTION 7. The firm of Hall & Foreman, Inc. is hereby appointed the Assessment
Engineer for the Assessment District.
SECTION 8. The firm of Fieldman Rolapp & Associates is hereby appointed the
Financial Advisor for the Assessment District proceedings and the contract for services
submitted is hereby approved.
SECTION 9. Robert E. Hessell, attorney at law, is hereby appointed to act as Bond
Counsel for the Assessment District and the contract for services submitted is hereby
approved.
SECTION 10. This legislative body hereby authorizes the establishment of aspecial
improvement fund for the Assessment District and into the improvement fund shall be
placed all proceeds from the sale of Assessment District bonds and cash collections. In
orderto expedite the improvements to be made underthe Assessment District proceedings
and as authorized by law, funds from any available source may be transferred into the
special improvement fund. Anyfunds transferred into the special improvementfund (other
than proceeds from the sale of Assessment District bonds and cash collections) shall be
deemed a loan to the fund and shall be repaid out of the proceeds of the sale of
Assessment District bonds as authorized by Section 10210 of the Streets and Highways
Code of the State of California.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of
the City of Newport Beach held on the 27th day of November, 2007, by the following vote:
AYES:Henn, Curry, Selich, Webb, Daigle, Gardner, Mayor Rosansky
NOES: None
ABSENT: None
ABSTAIN: None
STATE OF CALIFORNIA }
COUNTY OF ORANGE
CITY OF NEWPORT BEACH }
1, LaVonne M. Harkless, City Clerk of the City of Newport Beach, California, do
hereby certify that the whole number of members of the City Council is seven; that the foregoing
resolution, being Resolution No. 2007 -73 was duly and regularly introduced before and adopted by
the City Council of said City at a regular meeting of said Council, duly and regularly held on the
27th day of November 2007, and that the same was so passed and adopted by the following vote, to
wit:
Ayes: Henn, Curry, Selich, Webb, Daigle, Gardner, Mayor Rosansky
Noes: None
Absent: None
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
official seal of said City this 28th day of November 2007.
City Clerk
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