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HomeMy WebLinkAbout12 - Assessment District 68 - Newport ShoresCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 12- July 27, 2004 TO: Mayor and Members of the City Council FROM: Public Works Department Patrick Arciniega, Associate Engineer 949 - 644 -3311 parciniega @city.newport- beach.ca. us SUBJECT: PROPOSED ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) FOR UNDERGROUNDING UTILITIES AND DESIGNATION AS AN UNDERGROUND UTILITIES DISTRICT RECOMMENDATIONS: 1. Open public hearing on the formation of Assessment District No. 68. 2. Hear testimony from those who desire to speak. 3. Close the public hearing. 4. Count ballots. 5. If more 'Yes' votes than 'No' votes have been submitted, and if it is desired to form the District, take the following actions: a. Adopt Resolution No. 2004 - approving contracts for utility improvements. b. Adopt Resolution No. 2004 - _ declaring the results of the ballot tabulation, confirming the assessment, ordering the acquisition of improvement; approving the Assessment Engineer's Report, and designating the area an Underground Utilities District for Assessment District No. 68 Newport Shores. 6. Approve a Budget Amendment in anticipation of the formation and approval of Assessment District No. 68. The proposed Budget Amendment will increase revenue estimates by $5,978,077 and increase expenditure appropriations by $5,453,737. The difference of $524,340 will be utilized to establish a bond reserve of approximately $429,800 and $94,540 will be utilized to reimburse the City for past assessment engineering and design expenditures related to this district. 7. If desired, abandon the proceedings. 0 SUBJECT: Undergrounding Utilities In Proposed Assessment District No. 68 Newport Shores District and Designation of this Area as an Underground Utilities District July 27, 2004 Page 2 DISCUSSION: On June 8, 2004, the City Council accepted a preliminary Engineer's Report for proposed Assessment District No. 68, adopted a Resolution of Intention to form the District, and set a public hearing on the Assessment District for July 27, 2004 (see attachment). The location of the proposed District and overhead facilities to be removed are shown on the attached sketch. Action on the District will be taken after the public hearing is closed and the ballots are counted. On June 21, 2004 and July 27, 2004, informal homeowner information meetings were held in the Newport Shores HOA Clubhouse to discuss the proposed District. The procedure being used is the Municipal Improvement Act of 1913. The project will be financed by municipal bonds over a period of fifteen years. Plans and specifications were prepared by the respective public utilities, which will own and operate the underground facilities being paid for by the Assessment District. The proposed District will underground all overhead electrical, telephone, and cable TV lines. However, each property owner will be required to underground his or her individual house services. The cost to convert the house services is not a part of the Assessment District and must be contracted separately by the private property owners. The total cost of the District is $6,618,614.36, which includes the Federal Income Tax Component of Contribution (ITCC) Tax, which is a betterment tax. However, bonds will not be sold for the ITCC Tax because the City Attorney and the Bond Counsel have determined that underground utility districts are undertaken at the request of the community for purposes of community aesthetics and public safety, not for the benefit of particular customers of the utility in their capacity as customer of the utility. This underground district is not required as a condition for obtaining any electrical service. If the Internal Revenue Service (IRS), state, city and /or local government taxing authority determines that this project is taxable, Southern California Edison (Edison) will require the City of Newport Beach to reimburse Edison for the full amount of the tax liability determined by the IRS, state, city and /or local government authority, plus interest, penalties, fees, and related costs. The City will sell a second issue of bonds, if necessary, to pay Edison within 60 days after SCE notifies the City. The ITCC Tax associated with this District is approximately $525,177 which the City would be liable for, plus penalties if the IRS should determine the District was not exempt from the tax. The assessment methodology for this District is comprised of two basic components used to quantify the specific benefit each parcel receives. These components are made up of a combination of Equivalent Benefit Units (EBU's) based on lot zoning and the construction of new underground utility service (SCE and SBC) drops. In addition, parcels adjacent to alleys were assessed a separate cost for repavement of the alley 5 -foot setback on their property. The City is planning on completely repaving the streets and alleys after the underground work is completed, however the cost for the 5 -foot setback on private property cannot be paid for with public funds so the cost is being assessed to the property owners as this work will be required once the new service sweeps have been run to each residence. SUBJECT: Undergrounding Utilities In Proposed Assessment District No. 68 Newport Shores District and Designation of this Area as an Underground Utilities District July 27, 2004 Page 3 • The cost per parcel (based on a standard R -1 frontage of 30') for the alley assessment is $1,512.92. The lots between West Coast Highway and Newport Shores Drive are in a planning zone designated as Specific Plan Area 4. These lots were assigned EBU's based on the lots zoning within this Plan Area. The residential lots are zoned R -2 and therefore were assigned 2 EBU's. The commercial properties were assigned EBU's based on their lot front footage divided by an equivalent unit of (30') frontage for a typical R -1. There are two apartment lots that were assigned EBU's based on the current maximum use potential. Lastly all lots were assigned a portion of the Incidental Cost on a prorated basis, based on the parcel's share of the total construction cost. The City has 3 park parcels that do not currently have any electrical, phone, or cable services and will not receive any after construction of this project. Therefore no assessments were assigned to these three lots. The estimated assessment with the ITCC tax component ranges from $3,466.87 to $69,281.12 with the average assessment being $12,487.95. The estimated assessment without the ITCC tax componenet ranges from $3,466.87 to $61,836.23 with the average assessment being $11,279.39. These amounts include the portion for the alley assessment where applicable. Plans and specifications were prepared by SCE, SBC and Adelphia Communications. Attached is a sketch showing the boundary of the proposed Assessment District and the utilities to be undergrounded Adoption of these Resolutions will also designate this area as an Underground Utilities District per Chapter 15.32 of the Municipal Code of the City of Newport Beach. Environmental Review: This project qualifies for a Class 2 California Environmental Quality Act (CEQA) exemption under Section 15302, item "d" of the Implementing Guidelines as follows: "Conversion of overhead electric utility distribution system facilities to underground including connection to existing overhead electric utility distribution lines where the surface is restored to the condition existing prior to the undergrounding." Public Notice for this Public Hearing was mailed out on June 11, 2004 to provide a minimum 45 -day noticing to property owners within the proposed district boundary. SUBJECT: Undergrounding Utilities In Proposed Assessment District No. 68 Newport Shores District and Designation of this Area as an Underground Utilities District July 27, 2004 Page 4 Funding Availability: Upon formation and approval of the District, funding will be provided by property owner contributions and bonded assessments. See attached Budget Amendment. Prepared by: Patrick L. Arciniega" / Project Engineer Submitted Step G. Badum Pu c Works Director Attachments: Resolution Approving Contracts for Utilify Improvements Resolution Declaring Results of Ballot Tabulation June 8, 2004 Council Report Sketch Engineer's Report SBC Agreement Edison Agreement Budget Amendment 0 0 1] RESOLUTION NO. 2004 RESOLUTION DECLARING THE RESULTS OF THE BALLOT TABULATION, APPROVING THE ASSESSMENT ENGINEER'S REPORT, CONFIRMING ASSESSMENTS FOR ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES), ORDERING THE ACQUISITION OF IMPROVEMENTS, AND DESINATING THE AREA AN UNDERGROUND UTILITIES DISTRICT WHEREAS, this City Council has previously adopted its Resolution of Intention and initiated proceedings for the acquisition of certain public works of improvement, namely, the conversion of certain overhead electrical and communication facilities to underground locations, together with appurtenances and appurtenant work, in a special assessment district designated as Assessment District No. 68 (Newport Shores) (hereinafter referred to as the "Assessment District ") pursuant to the terms and provisions of the "Municipal Improvement Act of 1913 ", being Division 12 of the Streets and Highways Code of the State of California (the "Improvement Act "); WHEREAS, this City Council finds that the public necessity, health, safety and welfare requires the removal of poles, overhead wires and associated overhead structures within the area of the Assessment District and the underground installation of wires and facilities for supplying electric, communication or similar or associated service;. • WHEREAS, this City Council further finds that the area comprising the Assessment District should be designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach; WHEREAS, the Report, as preliminarily approved, contained all the matters and items called for pursuant to the provisions of the Improvement Act, Article XIIID of the Constitution of the State of California ( "Article XIIID "), and the Proposition 218 Omnibus Implementation Act (commencing with Section 53750 of the Government Code) (the "Implementation Act ") (the Improvement Act, Article XIIID, and the Implementation Act are referred to herein collectively as the "Assessment Law "), including the following: 1. Plans and specifications of the improvements proposed to be acquired; 2. Estimate of cost of acquisition of the improvements proposed to be acquired; 3. Diagram of Assessment District identifying all parcels that will receive a special benefit conferred upon them from the acquisition of the improvements and upon which an assessment is proposed to be imposed; 4. An assessment proportionate to the special benefit to be conferred upon each parcel to be assessed; 5. A description of the works of improvement proposed to be acquired; 6. An estimate of the time required to complete the conversion. WHEREAS, notices of a public hearing, accompanied by ballot materials, were mailed in the time, form and manner required by the Assessment Law and as evidenced by . a certificate on file with the transcript of these proceedings, a full public hearing on the improvements and assessments was held on the date hereof, and at the conclusion of the 1 public hearing all ballots submitted pursuant to the Assessment Law were tabulated, all in the manner provided by the Assessment Law; WHEREAS, at this time this City Council determines that the ballots received by the City in favor of the proposed assessment and weighted as required by the Assessment Law exceeded the ballots received in opposition to the assessment and similarly weighted and, therefore, a majority protest does not exist; WHEREAS, this legislative body now desires to approve, confirm and order the improvements and assessments as set forth in the Assessment Engineer's Report as submitted; NOW, THEREFORE, the City Council of the City of Newport Beach does hereby Determine, Order and Resolve as follows: RECITALS SECTION 1. The above recitals are all true and correct. WRITTEN PROTESTS SECTION 2. All protests and objections of every kind and nature submitted pursuant to the Improvement Act are hereby overruled and denied. • BALLOT TABULATION PURSUANT TO ARTICLE MID SECTION 3. The ballots submitted pursuant to the Assessment Law in opposition to the assessment and weighted as required by the Assessment Law do not exceed the ballots submitted in favor of the assessment and similarly weighted, and it is thereby determined that a majority protest pursuant to the Assessment Law does not exist. SPECIAL BENEFITS RECEIVED SECTION 4. Based upon the Assessment Engineer's Report and the testimony and other evidence received at the public hearing, it is hereby determined that: A. All assessed properties within the boundaries of the Assessment District receive a special benefit from the works of improvement as proposed to be acquired for said Assessment District; B. The proportionate special benefit derived by each parcel proposed to be assessed has been determined in relationship to the entirely of the cost of the acquisition of the works of improvement; C. No assessment to be imposed on any parcel exceeds the reasonable cost of the proportional special benefit to be conferred on such parcel; • 2 a D. Only special benefits have been assessed and all parcels receiving a special benefit are to be assessed. PUBLIC INTEREST AND CONVENIENCE SECTION 5. The public interest and convenience require the acquisition of the improvements, and therefore it is hereby ordered that the improvements be acquired, together with appurtenances and appurtenant work in connection therewith, in said Assessment District, as set forth in the Resolution of Intention previously adopted and as set forth in the Assessment Engineers Report presented and considered at the public hearing. ASSESSMENT ENGINEER'S REPORT SECTION 6. The Assessment Engineer's Report, as now submitted, updated and amended, is hereby approved and said Report shall stand as the report as required bythe Assessment Law for all future proceedings for this Assessment District. CONFIRMATION OF ASSESSMENT SECTION 7. The assessments, as now filed in the Assessment Engineer's Report and diagram for the improvements to be acquired, together with appurtenances and appurtenant work in connection therewith, are hereby confirmed. The assessments contained in the Assessment Engineers Report are hereby levied and approved as follows: A. The final assessments to represent the costs and expenses to finance acquisition of the works of improvement, including the portion for possible federal tax liability, as authorized by these proceedings and the Assessment Law. B. The annual assessment to pay for administrative costs in an amount not to exceed the maximum annual assessment as set forth in the Assessment Engineer's Report. RECORDATION OF ASSESSMENT SECTION 8. The City Clerk shall forthwith deliver to the Superintendent of Streets the assessment, together with the diagram attached thereto and made a part thereof, as confirmed, with a certificate of such confirmation attached and the date thereof; and that said Superintendent of Streets shall then immediately record said diagram and assessment in his Office in a suitable book to be kept for that purpose and attach thereto his certificate of the date of such recording. COUNTY RECORDER NOTICE SECTION 9. Upon confirmation of the assessments and recordation of the assessment roll and diagram, a certified copy of the assessment diagram shall be filed in 3 the Office of the County Recorder. Immediately thereafter, a copy of the notice of assessment shall be recorded in the Office of the County Recorder in the manner and form as set forth by law and specifically Section 3114 of the Streets and Highways Code of the State of California. MAILED NOTICE SECTION 10. Upon recordation of the diagram and assessment, a notice shall be mailed to each owner of real property within the Assessment District at the owners last known address, as said address appears on the last equalized tax rolls of the County, said notice to set forth a statement containing a designation of the property assessed, as well as the amount of the final confirmed assessment, and further indicating that bonds will be issued pursuant to the "Improvement Bond Act of 1915'. PUBLICATION SECTION 11. Notice shall also be given by publication in the designated legal newspaper, said notice setting forth the amount of the final assessment and indicating that said assessment is now due and payable, and further indicating that if said assessment is not paid within the allowed thirty (30) day cash collection period, bonds shall be issued as authorized by law. ASSESSMENT COLLECTION SECTION 12. The County Auditor is hereby authorized and directed, in accordance with the provisions of Section 8682 of the Streets and Highways Code of the State of California, to enter into the assessment roll on which property taxes will next become due, opposite each lot or parcel of {and affected, in a space marked "public improvement assessment' or by other suitable designation, the next and several installments of such assessment coming due during the ensuing fiscal year covered by the assessment roll and that said entry then shall be made each year during the life of the bonds for the proceedings for the above - referenced Assessment District. This authorization is continual until all assessment obligations have been discharged and the bonds terminated. As an alternate, and when determined to be in the best interests for bondholders of the Assessment District, this legislative body may, by Resolution, designate an official other than the County Tax Collector to collect and maintain records of the collection of the assessments, including a procedure other than the normal property tax collection procedure. In accordance with the provisions of Section 8685 of the Streets and Highways Code, if any lot or parcel of land affected by any assessment is not separately assessed on the tax roll so that the installment of the assessment to be collected can be conveniently entered thereon, then the Auditor shall enter on the roll a description of the lot or parcel affected, with the name of the owners, if known, but otherwise the owners may be described as "unknown owners ", and extend the proper installment opposite the same. • is ASSESSMENT VERIFICATION STATEMENT SECTION 13. The County Auditor is directed, within 90 days after any special assessment installment becomes delinquent, to render and submit a detailed report showing the amounts of the installments, interest, penalties and percentages so collected, for the preceding term and installment date, and from what property collected, and further identify any properties which are delinquent and the amount and length of time for said delinquency, and further set forth a statement of percentages retained forthe expenses of making such collections. This direction is specifically made pursuant to the authorization of Section 8683 of the Streets and Highways Code of the State of California. ASSESSMENT DISTRICT FUNDS SECTION 14. The Treasurer is hereby authorized at this time, if not previously done, to establish the following funds as necessary for the payment of costs and expenses and administration of the proceedings for this Assessment District: A. Improvement Fund: All monies received from cash collections, proceeds from the sale of bonds, and applicable contributions shall be placed into the Improvement Fund. B. Reserve Fund: All monies as designated to assist in the payment of delinquencies shall be placed into the Reserve Fund. C. Redemption Fund: All monies received from the payment of assessments shall be placed in the Redemption Fund. For particulars as to the administration and handling of the Funds, the specific terms and conditions shall be set forth in a Bond Indenture to be approved by the subsequent adoption of a Resolution Authorizing the Issuance of Bonds. UNDERGROUND UTILITIES DISTRICT DESIGNATION SECTION 15. The Assessment District area is hereby designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach. A description of the area included within the underground utilities district is contained in the Assessment Engineer's Report and incorporated herein bythis reference. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Newport Beach, held on the 27th day of July, 2004, by the following vote: AYES: NOES: ABSENT: 0 ABSTAIN: 0 CITY OF NEWPORT BEACH RESOLUTION NO. 2004 - RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING CONTRACTS FOR UTILITY IMPROVEMENTS FOR ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) WHEREAS, this City Council has, 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, by adoption of its Resolution of Intention, declared its intention to order the installation of certain works of improvement, together with appurtenances, in a special assessment district designated as Assessment District No. 68 (Newport Shores) (hereinafter referred to as the "Assessment District'); WHEREAS, Streets and Highways Code Section 10110 specifies that before ordering any improvements which are to be owned, managed or controlled by another public agency or public utility, an agreement is required setting forth the terms and conditions of the installation, ownership, management and financing of the improvements; WHEREAS, at this time, contracts have been submitted and reviewed pursuant to the authorization of Section 10110 of said Streets and Highways Code; NOW, THEREFORE, it is hereby Determined and Resolved as follows: SECTION 1: That the above recitals are all true and correct. SECTION 2. That the agreements, herewith submitted, relating to the installation of certain improvement facilities that will be under the ownership, management and control of other public agencies or regulated public utilities, are hereby submitted and herewith approved for execution and delivery. The agreements are the following: Southern California Edison - utility agreement Pacific Bell - letter agreement SECTION 3. That immediately upon execution, conformed copies of said contracts shall be transmitted to the offices of the respective public agency or utility company, together with a copy of this Resolution. 1 PASSED, APPROVED, and ADOPTED this 27th day of July 2004. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: r] L I.J • FINAL ENGINEER'S REPORT FOR UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 68 NEWPORT SHORES) PREPARED UNDER THE PROVISIONS OF THE MUNICIPAL IMPROVEMENT ACT OF 1913 FOR THE CITY OF NEWPORT BEACH ORANGE COUNTY, CALIFORNIA INTENT MEETING: June 8, 2004 PUBLIC HEARING: July 27, 2004 Prepared by: M MuniFinancial Corporate Office 2 368 Via Industria suite 110 Temecula, CA 92590 Tel: (909) 5873500 Tel: (800) 755 -NIUNI (6864) Fax: (909) 587 -3510 July 16, 2004 Regional Offices Anaheim, CA Industry, CA Lancaster, CA Oakland, CA xvww.mur i.corn Phoenix, AZ San Diego, CA Seattle, WA Washington, DC ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • CITY OF NEWPORT BEACH TABLE OF CONTENTS INTRODUCTION & CERTIFICATIONS ................................................................... ..............................1 SECTION I - PLANS AND SPECIFICATIONS ........................................................... ..............................4 SECTIONII - COST ESTIMATE .................................................................................. ..............................5 SECTION III - ASSESSMENT ROLL AND METHOD OF ASSESSMENT SPREAD ..............................7 SECTION IV - MAXIMUM ANNUAL ADMINISTRATIVE COST .......................... .............................14 SECTION V - ASSESSEMENT DIAGRAM & BOUNDARY MAP ............................ .............................15 SECTION VI • GENERAL DESCRIPTION OF FACILITIES, RIGHT OF WAY & ENVIRONMENTAL CERTIFICATE............................................................................................................. .............................16 MuniFinancial Page 1 City of Newport Beach 0 AGENCY: CITY OF NEWPORT BEACH • PROJECT: ASSESSMENT DISTRICT No. 68 (NEWPORT SHORES) TO: CITY COUNCIL SUBJECT: ENGINEER'S REPORT PURSUANT TO THE PROVISIONS OF SECTIONS 2961 AND 10204 OF THE STREETS AND HIGHWAYS CODE INTRODUCTION The purpose of Assessment District No. 68 (Newport Shores) is to provide funds to underground overhead utility lines in the area generally described as Newport Shores, specifically the areas located in the western portion of the City and generally including those properties along Canal Street; 62 ^d Street; 61v Street; Newport Shores Drive; Grant Street; Fem Street; Orange Street; Colton Street; Lugonia Street; Walnut Street; Cedar Street; Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The proposed improvements will improve safety and service reliability, increase capacity and enhance property aesthetics. These improvements will be constructed in order to conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards. The improvements will provide a special and direct benefit to properties located within the Assessment District. Pursuant to the provision ofArtieieXIIID of the State Constitution, Part 7.5 of the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931 ", being Division 4 of the Streets &Highway Code of the State of California, and the "Municipal Improvement Act of 1913 ", being Division 12 of said Code, and the Resolution of Intention, adopted by the City Council of the City of Newport Beach, State of California, in connection with the proceedings for Assessment DistrictNo. 68 (Newport Shores), I, David L. Hunt, a Registered Professional Engineer and authorized representative of Muni Financial, the duly appointed Engineer of Work, herewith submits the "Report" for Assessment District No. 68 (.Newport Shores) consisting of six (6) sections as listed below. Section I This section contains the Plans and Specifications that describe the general nature, location and extent of the proposed construction improvements, and, here referenced, are made a part of this report. Said plans are on file and available for review in the Office of the Superintendent of Streets. Section II This section contains an estimate of the cost of the proposed improvements, including capitalized interest, if any, incidental costs and expenses connected therewith as set forth herein and attached hereto. Section III This section consists of the following: MuniFinancial Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) A. A projected assessment of the total costs and expenses of the proposed improvements upon the several subdivisions of land within the Assessment District No. 68 (Newport Shores), in proportion to the special benefit received by such subdivision from said improvements, which is set forth upon the assessment roll filed herewith and made a part hereof. B. The total amount, as near as may be determined, of the total principal sum of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than that contemplated for the Assessment District No 68 (Newport Shores), which would require an investigation and report under the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931" against the total area proposed to be assessed. C. The total true value, determined from the latest Assessor's roll, of the parcels of land and improvements proposed to be assessed. Section IV This section contains the proposed maximum annual administrative assessment to be levied upon each subdivision or parcel of land within the Assessment District No. 68 (Newport Shores) to pay costs incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, from the administration and registration of any associated bonds and reserve or other related funds, or both. Section V . This section contains a map showing the boundaries of the Assessment District No. 68 (Newport Shores), and a diagram showing the Assessment District, the boundaries and the dimensions of the subdivisions of land within Assessment District No. 68 (Newport Shores) Section VI This section provides the following information: A. Description of facilities B. Right -of -Way Certificate C. Environmental Certificate This report is submitted on this 15th day of July 2004 David L. Hunt, P.E. (CE 30514) Assessment Engineer City of Newport Beach `6 `k State of California State Y)y Y fMM E MuniFinancial Page 2 City of Newport Beach 0 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached receivedi preliminary approval by the City Council of the City of Newport Beach, California on this / Tl1� day of ,jure, 12004 r iii % x Clerk of the City Council, City of Newport Beach, California ',LIFO I HEREBY CERTIFY that the Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of 12004. Clerk of the City Council, City of Newport Beach, California MuniFinancial Page 3 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section I Plans and Specifications The Plans and Specifications to construct the utility undergrounding improvements and any ancillary improvements thereof, for Assessment District No. 68 (Newport Shores), are voluminous and will not be bound in this Report, but by this reference are incorporated as if attached to said Report. The utility undergrounding Plans and Specifications are on file and available for review in the office of the Superintendent of Streets for the City of Newport Beach. MuniFinancial Page 4 City of Newport Beach E 1] r1 L.� 11 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section II Cost Estimate The Cost Estimate is located on the neat page. MuniFinancial Page 5 City of Newport Beach Underground Assessment District No. 68 (Newport Shores) Section II - Cost Estimate $544,639.92 $525,176.91 Bond Counsel 10,000.00 TOTAL AS 25,000,00 25.000.00 AMOUN T CONFIRMED 3,000.00 CONSTRUCTION COSTS 7,260.00 7,260.00 Reserve Fund (7 %) Electrical Construction Costs 46200,00 Capitalized Interest (6.25% for 6 months) 20,625.00 Southern California Edison $2,475,636.00 $2,475,636.00 3 275 08 Street Rehabilitation 700,800.00 700,800.00 Street Rehabilitation Contribution (175,200.00) (175.200.00) Contingency (15%) 450,185.40 288,262.77 Edison Design Engineering 60.000.00 60.000.00 Sub Total $3,511,421.40 $3,349.498.77 Telephone Construction Costs SEC Communications $1.554.361.00 $1,554,361.00 Contingency (15%) 233,154.15 233,154.15 SBC Communications Design Engineering 60.000.00 60.000.00 Sub Total $1,847,515.15 $1,847,515.15 Total Construction Costs $5.358.936.55 $5,197.013.92 INCIDENTAL EXPENSES Assessment Engineering $37,635.00 $37,635.00 Disclosure Counsel 23,500.00 23,500.00 City Administration 75,000.00 75,000.00 Construction Inspection 30,000.00 30,000.00 Financial Advisor 30,000.00 30,000.00 Filing Fees 5,000.00 5,000.00 Bond Counsel 35,000.00 35,000.00 Paying Agent 3,000.00 3,000.00 Financial Printing, Registration 8 Servicing 16,000.00 16,000.00 Incidental Contingencv(10 %) 28.34833 28.348.33 Sub Total $283,483.33 $283,483.33 Total Construction Costs B In cidental Expen sea $5,642,419.88 $5,480,497.25 FINANCING COSTS (let Bond Issue) Underwriters Discount (1. 1 %) $67,540.00 $67,540.00 Reserve FundlCreril Enhancement (7 %) 429.800.00 429,800.00 Financing Contingency 240.12 240.12 Sub Total $497.580.12 $497,580.12 DISTRICT FORMATION AMOUNT TO ASSESSMENT $6,140,000.00 $5,978,077.37 FEDERAL INCOME TAX COMPONENT OF CONTRIBUTION (ITCC) 2nd Bond Issue - Only necessary if Federal Government requires the tax payment' INCIDENTAL & FINANCING COSTS (2nd Bond Issue) ITCC Portion $544,639.92 $525,176.91 Bond Counsel 10,000.00 10,000.00 Disclosure Counsel 25,000,00 25.000.00 Paying Agent 3,000.00 3,000.00 Underwriters Discount (1.1 %) 7,260.00 7,260.00 Reserve Fund (7 %) 46,200.00 46200,00 Capitalized Interest (6.25% for 6 months) 20,625.00 20,625.00 Bond Issuance Contingency 3275 08 3 275 08 Total $660,000.00 $640,536.99 TOTAL FEDERAL TAX, INCIDENTAL AND FINANCING COSTS $660.000.00 $640.536.99 TOTAL AMOUNT TO ASSESSMENT (Both Bond Issues) $6.800.000.00 $6,618,614.36 ' 2nd bond issue for Federal Income Tax Component of Contribution (22 %) and will Only be issued if the Federal Government requests the payment of the tax. Page 6 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section III Assessment Roll and Method of Assessment Spread ASSESSMENT WHEREAS, On the 8,h day of June, 2004, the City Council of the City of Newport Beach, State of California, under the Municipal Improvement Act of 1913 (the "Act "), being Division 12 of the Streets and Highways Code of the State of California, adopted its Resolution of Intention, Resolution No. 2004 -046, for the installation and construction of certain public improvements together with appurtenances and appurtenant work in connection therewith, for a Special Assessment District known and designated as Assessment District No. 68 (Newport Shores); and WHEREAS, said Resolution of Intention, as required §10204 of the Act, did direct the Engineer of Work to make and file a "Report ", consisting of the following: 1. Plans and Specifications 2. Cost Estimates 3. Assessment Diagram detailing Assessment District No. 68 (Newport Shores) and the subdivisions of land therein 4. A proposed assessment of costs and expenses of the Works of Improvement levied upon the parcels within Assessment District No. 68 (Newport Shores) boundaries. 5. The proposed maximum annual assessment to be levied upon each subdivision or parcel of land within Assessment District No. 68 (Newport Shores) to pay costs incurred by the City and not otherwise reimbursed resulting from the administration and collection of assessments or from administration and registration of any associated bonds and reserve or otherwise related funds. For specifics, reference is made to the Resolution of Intention as previously adopted. NOW, THEREFORE, I, David L. Hunt, P.E., the authorized representative of MuniFinancial, pursuant to Article XIIID of the California Constitution and the "Municipal Improvement Act of 1913 ", do hereby submit the following assessment to cover the portion of the estimated cost of the Improvements and the costs and expenses incidental thereto to be paid by the assessments: Pursuant to the provisions of the Act and the Resolution of Intention I do hereby assess and apportion the Balance to Assessment of the Total Cost of the acquisitions, work and improvements upon the several lots, pieces or parcel or portions of lots or subdivisions ofland liable therefore and specially benefited thereby, and hereinafter numbered to correspond with the numbers upon the attached Assessment Diagram, upon each, severally and respectively, in accordance with the special benefits to be received by such subdivisions, respectively, from the Improvements, and more particularly set forth in the list hereto attached and by reference made a part hereof. 2. Said assessment is made upon the several subdivisions of land within the Assessment District No. 68 (Newport Shores) in proportion to the estimated special benefits to be received by the MuniFinancial Page 7 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) subdivisions, respectively, from the improvements. As required by the Act, an Assessment Diagram is hereto attached showing the Assessment District and also the boundaries and dimensions of the respective subdivisions of land within the Assessment District as the same existed at the time of the passage of the Resolution of Intention, each of which subdivisions having been given a separate number upon the Assessment Diagram. 3. Each subdivision of land assessed is described in the Assessment Roll by reference to its parcel number as shown on the Assessor's Maps of the County of Orange for fiscal year 2003 -04 and includes all of such parcels excepting those portions thereof within existing public roads or right of way to be acquired in these proceedings for public road purposes. For a more particular description of said property, reference is hereby made to the deeds and maps on file and of record in the office of the County Recorder of the County. 4. Notice is hereby given that serial and /or term improvement bonds to represent unpaid assessments will be issued hereunder in the manner provided by Division 10 of the Streets andHighway5 Code, the Improvement Bond Act of 1915. Said bonds shall bear interest at a rate not -to- exceed twelve percent (12 %) per annum, or such higher rate of interest as may be authorized by applicable law at the time of sale of such bonds. These bonds shall be issued is such a manner so that they will not exceed the legal maximum term authorized by law, THIRTY -NINE (39) YEARS from the 2nd day of September next succeeding twelve (12) months from their date. 5. Pursuant to the authority contained in said "Municipal Improvement Act of 1913 ", and by further direction and order of the City Council, I hereby recommend the following assessment to cover costs and expenses of the Works of Improvement for Assessment District No. 68 (Newport Shores) based upon costs and expenses detailed below: For specifics as to the individual assessments and their descriptions, reference is made to Table 1 (Assessment Roll) attached hereto. 6. The Method of Spread of Assessment is asset forth in the exhibit identified as Section III (Exhibit 1) which is attached hereto, referenced and so incorporated. MuniFinancial Page 8 City of Newport Beach Summary of Estimated Costs As Preliminarily Approval As Confirmed & Recorded As Modified After Reconciliation Est. Construction Costs $ 5,358,936.55 $ 5,197,013.92 Est. Incidental Expenses $ 283,483.33 $ 283,483.33 Est. Financing Costs $ 497,580.12 $ 497,580.12 Est. Federal Tax & Finance Costs $ 660,000.00 $ 640,536.99 Est. Total Cost $ 6,800,000.00 $ 6,618,614.36 Est. Balance to Assessment $ 6,800,000.00 $ 6,618,614.36 For specifics as to the individual assessments and their descriptions, reference is made to Table 1 (Assessment Roll) attached hereto. 6. The Method of Spread of Assessment is asset forth in the exhibit identified as Section III (Exhibit 1) which is attached hereto, referenced and so incorporated. MuniFinancial Page 8 City of Newport Beach Page 8 -1 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll TOTAL BOND ISSUE INITIAL BOND ISSUE (1st and 2nd Bond Issues) As As As As Total Assessment Assessors Total Assessed Existing Preliminarily Confirmed Preliminarily Confirmed Value - I.D. No. Parcel No. Value Liens Approved and Recorded Approved and Recorded to -Lien 045- 010 -15 1 408,298.00 0.00 $0.00 $0.00 $0.00 $0.00 Na 045- 010 -16 2 304,653.00 0.00 0.00 0.00 0.00 0.00 n/a 045- 010 -17 3 650.000.00 0.00 0.00 0.00 0.00 0.00 n/a 045- 010 -18 4 323.522.00 0.00 0.00 0.00 0.00 0.00 n/a 045- 010 -20 5 470,830.00 0.00 0.00 0.00 0.00 0.00 n/a 045- 010 -21 6 419,177.00 0.00 0.00 0.00 0.00 0.00 n/a 045- 010 -22 7 456,319.00 0.00 0.00 0.00 0.00 0.00 Na 045 - 010 -23 8 384,262.00 0.00 0.00 0.00 0.00 0.00 n/a 045 - 010 -26 9 349,831.00 0.00 0.00 0.00 0.00 0.00 Na 045- 051 -09 10 606,161.00 0.00 17,667.50 17,667.50 19,794.61 19,794.61 30.62 045. 051 -10 11 487,947.00 0.00 17,667.50 17,667.50 19,794.61 19.794.61 24.65 045- 051 -11 12 440,994.00 0.00 17.667.50 17,667.50 19,794.61 19,794.61 22.28 045 - 051 -12 13 393,139.00 0.00 17,667.50 17,667.50 19,794.61 19,794.61 19.86 045- 051 -13 14 306,412.00 0.00 17.667.50 17,667.50 19,794.61 19,794.61 15.48 045 -052 -03 15 370,781.00 0.00 10,567.18 10,567.18 11,630.74 11,630.74 31.88 045 - 052-04 16 361.454.00 0.00 10,567.18 10,567.18 11,630.74 11,630.74 31.08 045 -052 -05 17 69,792.00 0.00 10,567.18 10,567.18 11,630.74 11,630.74 6.00 045 -052 -06 18 435,095.00 0.00 8.833.75 8,833.75 9,897.31 9,897.31 43.96 045 -052 -08 19 449,000.00 0.00 10,567.18 10,567.17 11,630.74 11.630.73 38.60 045 - 052 -09 20 309,696.00 0.00 10,567.18 10,567.17 11,630.74 11,630.73 26.63 045 -052 -10 21 144,476.00 0.00 10,567.17 10,567.17 11,630.73 11,630.73 12.42 045 -052 -11 22 317,680.00 0.00 10,567.17 10,567.17 11,630.73 11,630.73 27.31 045 -052 -12 23 321,166.00 0.00 10,567.17 10,567.17 11,630.73 11.630.73 27.61 045 - 052 -13 24 72,230.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 6.21 . 045 - 052 -14 045 -053 -02 25 26 603,432.00 389,872.00 0.00 0.00 10,567.17 10,567.17 10,567.16 10,567.16 11,630.73 11,630.73 11.630.72 11,630.72 51.88 3152 045 -053 -03 27 389,872.00 0.00 10,567.17 10,567.16 11.630.73 11,630.72 33.52 045 - 053 -05 28 437,444.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 37.61 045 -053 -06 29 343,616.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 29.54 045 - 053 -10 30 366,115.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 31.46 045 - 053-12 31 810,000.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 69.64 045 -053 -13 32 340,330.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 29.26 045- 053 -17 33 134,605.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 11.57 045- 053 -18 34 242,398.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 20.84 045- 053 -19 35 123.531.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 10.62 045- 053 -20 36 395,086.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 33.97 045 - 053 -21 37 599,582.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 51.55 045 - 053 -23 38 392,646.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 33.76 045 - 053 -24 39 110,019.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 9.46 045 - 053 -25 40 116,711.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 10.03 045- 053 -26 41 509,244.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 43.78 045 - 053 -27 42 119,209.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 10.25 045 - 053 -28 43 58,335.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 5.02 045 - 053 -29 44 139,491.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 11.99 045 - 053-30 45 174,774.00 0.00 10,567.17 10,567.16 11.630.73 11,630.72 15.03 045 - 053-31 46 128,472.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 11.05 045 -053 -32 47 111,084.00 0.00 10,567.17 10,567.16 11,630.73 11,630.72 9.55 045 -053 -33 48 356,833.00 0.00 8,83174 8,833.74 9,897.30 9,897.30 36.05 045 - 053 -34 49 268,283.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 27.11 045 - 053 -35 50 313.795.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 31.71 045 - 053 -36 51 220,227.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 22.25 045 - 053 -37 52 51,395.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 5.19 045- 053 -38 53 51,395.00 0.00 8.833.74 8,833.74 9,897.30 9,897.30 5.19 045- 053 -39 54 235,924.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 23.84 045 -05340 55 310,990.00 0.00 8,833.74 8,833.74 9.897.30 9,897.30 31.42 045 -05341 56 217,359.00 0.00 8,833.74 8.833.74 9.897.30 9,897.30 21.96 045 -05342 57 443.700.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 44.83 045 -05345 58 75,420.00 0.00 10,567.17 10,567.17 11,630.73 11,630.73 6.48 045- 054 -26 045 - 054 -27 59 60 244,055.00 685,000.00 0.00 0.00 8,833.74 8,833.74 8,83174 8,833.74 9,897.30 9,897.30 9,897.30 9,897.30 24.66 69.21 045 - 054 -28 61 550.800.00 0.00 8,833.74 8,833.74 9,897.30 9,897.30 55.65 Page 8 -1 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessor's Total Assessed Existing I.D. No Parcel No. Value Liens 045- 054 -29 62 321,166.00 0.00 045 -054 -30 63 315,430.00 0.00 045- 054 -31 64 528,523.00 0.00 045- 054 -32 65 108,704.00 0.00 045- 054 -33 66 315,686.00 0.00 045 -054 -34 67 72,542.00 0.00 045 -054 -35 68 71,352.00 0.00 045- 054 -36 69 72,607.00 0.00 045 -055 -01 70 362,934.00 0.00 045 -055 -02 71 38,894.00 0.00 045 -055 -03 72 71,856.00 0.00 045- 055 -05 73 391,28100 0.00 045 - 055 -06 74 637,500.00 0.00 045 - 055-08 75 354,901.00 0.00 045- 055-25 76 714,000.00 0.00 045 -055-26 77 440,535.00 0.00 114 - 661 -11 78 - 0.00 045 -055 -28 79 345,953.00 0.00 045 -055 -29 80 363,761.00 0.00 045- 055 -30 81 523.680.00 0.00 045 -055 -31 82 418,327.00 0.00 045- 055 -32 83 385,920.00 0.00 045- 055 -33 84 816,000.00 0.00 045 -055 -34 85 368.453.00 0.00 045- 055 -35 86 485,094.00 0.00 045- 055 -36 87 357,226.00 0.00 045 -055 -37 88 478,808.00 0.00 045 -055 -38 89 432,972.00 0.00 045- 055 -39 90 507,715.00 0.00 045 -055 -00 91 799,000.00 0.00 045 -055 -01 92 498,153.00 0.00 045 -055 -02 93 622,200.00 0.00 045 -055 -03 94 349,842.00 0.00 045 -055 -04 95 389,353.00 0.00 045 -055 -05 96 312,396.00 0.00 045 -055 -06 97 144,305.00 0.00 045 -055 -07 98 510,361.00 0.00 045 -055 -08 99 114,773.00 0.00 045 -055 -09 100 383,348.00 0.00 045- 055 -51 101 409,696.00 0.00 045 -055-52 102 487,197.00 0.00 045 -055 -53 103 738,684.00 0.00 045 - 055 -54 104 397,953.00 0.00 045- 055 -55 105 549,334.00 0.00 045 -055 -56 106 487.486.00 0.00 045 -055 -57 107 88.677.00 0.00 045- 055 -58 108 135.162.00 0.00 045 -055 -59 109 836,400.00 0.00 045- 055 -60 110 811,308.00 0.00 045- 055 -61 111 381,404.00 0.00 045- 055 -62 112 170,072.00 0.00 045 -056 -32 113 391,298.00 0.00 045 -056-33 114 195,096.00 0.00 045 -056 -34 115 338,236.00 0.00 045 -061 -06 116 295,146.00 0.00 045- 061 -10 117 429,655.00 0.00 045- 061 -11 118 107640.00 0.00 045- 061 -12 119 75,109.00 0.00 045 -061 -13 120 452,599.00 0.00 045- 061 -14 121 456,319.00 0.00 045 -061 -15 122 324,729.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 8,833.74 8,833.74 8.833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8.833.74 8,833.74 8,833.74 8,833.74 8,83174 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,83374 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 0.00 0.00 8,83174 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8.833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 Page 8 -2 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 9,897.30 9,897.30 9,897.30 9,897.30 9.897.30 9.897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9.897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9.897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 0.00 0.00 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9.897.29 9,897.29 9,897.29 9,897.29 9.897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9.897.29 9,897.29 9,897.29 9.897.29 9,897.29 9,897.29 9,897.29 9,897.29 9.897.29 9,897.29 9,897.29 9.897.29 9,897.29 9.89729 9,897.29 9,897.29 9.897.29 9,897.29 9.897.29 9,897.29 9.897.29 9,897.29 9.897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 9,897.29 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 Total Value - lo -Lien 32.45 31.87 53.40 10.98 31.92 7.33 7.21 7.34 38.69 3.93 7.26 39.53 64.41 35.86 72.14 44.51 Na 34.95 36.75 52.91 42.27 38.99 82.45 37.23 49.01 36.09 48.38 43.75 51.30 80.73 50.33 62.87 35.35 39.34 31.56 14.58 51.57 11.60 38.73 41.39 49.23 74.63 40.21 55.50 49.25 8.96 13.66 84.51 81.97 38.54 17.18 33.64 16.77 29.08 25.38 36.94 9.25 6.46 38.91 39.23 27.92 0 0 • 0 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11 • Assessment Roll Assessment Assessor's Total Assessed Existing I.D. No. Earcel No. Value Liens 045 - 061 -16 123 366,678.00 0.00 045. 061 -17 124 106,203.00 0.00 045 - 061 -18 125 234.598.00 0.00 045 -061 -19 126 328,593.00 0.00 045-061 -20 127 74,923.00 0.00 045-061 -22 128 419,194.00 0.00 045 -061 -24 129 75.420.00 0.00 045- 061 -25 130 298,007.00 0.00 045 - 061 -26 131 124,758.00 0.00 045061 -27 132 307.209.00 0.00 045061 -28 133 61.906.00 0.00 045061 -29 134 598.230.00 0.00 045 - 061 -30 135 528,360.00 0.00 045061 -31 136 231,316.00 0.00 045 - 061 -32 137 448,627.00 0.00 045061 -33 138 265,866.00 0.00 045 -061 -36 139 349,835.00 0.00 045 -061 -37 140 383,180.00 0.00 045061 -38 141 560.000.00 0.00 045062 -07 142 102,078.00 0.00 045 - 062 -08 143 60,718.00 0.00 045- 062 -09 144 265,388.00 0.00 045- 062 -10 145 545,000.00 0.00 045- 062 -11 146 423,354.00 0.00 045062 -12 147 415,749.00 0.00 045- 062-13 148 100,695.00 0.00 045. 062 -15 149 75,420.00 0.00 045-062 -16 150 70,103.00 0.00 045 -062 -17 151 209,681.00 0.00 045. 062 -18 152 253,363.00 0.00 045 - 062 -19 153 67,330.00 0.00 045. 062 -20 154 265,689.00 0.00 045- 062 -21 155 591,600.00 0.00 045 -062 -22 156 378,850,00 0.00 045. 062 -23 157 190,492.00 0.00 045 - 062 -25 158 61,906.00 0,00 045 -062 -26 159 381,404.00 0.00 045 -062 -27 160 559,980.00 0.00 045 -063-04 161 197.775.00 0.00 045063.05 162 58,281.00 0,00 045. 063 -06 163 60.154.00 0.00 045 -06307 164 464,018.00 0.00 045 -06308 165 452.387.00 0.00 045 -063 -09 166 99,946.00 0.00 045- 063 -10 167 312,952.00 0.00 045- 063.11 168 280,659.00 0.00 045-063 -12 169 113,403.00 0,00 045. 063 -13 170 634,644.00 0.00 045-06315 171 291,054.00 0.00 045 -063 -16 172 324,729.00 0.00 045.06318 173 269,55D.00 0.00 045 -06319 174 365.211.00 0.00 045- 063.20 175 347.274.00 0.00 045. 063 -21 176 58,281.00 0.00 045063 -22 177 442,170.00 0.00 D45- 063 -23 178 207,247.00 0.00 045. 063.24 179 225.49D,00 0.00 045064.05 180 378.850.00 0.00 045. 064.10 181 101.633.00 0.00 045064 -11 182 484.500.00 0.00 045. 064 -12 183 226,866.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10 567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 1D.567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 1D.567,17 10,567.17 10,567.17 10,567.17 10,567.17 10 567.17 10.567.17 10,567.17 10,567.17 10,567.17 8,833.74 8,833.74 1D.567.17 10,567.17 10.567.17 10,567.17 1D.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 Page 8.3 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11.630.72 11.630.72 11,630.72 11.630.72 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11 630.72 11.630.72 11.630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11 630.72 11 630.72 11,630.72 11,630.72 11.630.72 11.630.72 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630,72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630,72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11,630.72 11.630.72 11.630.72 9.897.29 9.897.29 11,630.72 11.630.72 11,630.72 11,630.72 11.630.72 11.630.72 11 630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11 630.72 11.630.72 11 630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 Total Value - lo -Lien 31.53 9.13 20.17 28.25 6.44 36.04 6.48 25.62 10.73 26.41 5.32 51.44 45.43 19.89 38.57 22.86 30.08 32.95 48.15 8.78 5.22 22.82 46.86 36.40 35.75 8.66 6.48 6.03 18.03 21.78 5.79 22.84 50.87 32.57 16.38 5.32 32.79 48.15 17.00 5.01 5.17 39.90 38.90 8.59 26.91 24.13 9.75 54.57 25.02 32.81 23.18 31.40 29.86 5.01 38.02 17.82 19.39 32.57 8.74 41.66 19.51 2 , CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D_No. Parcel No. Value Liens 045 -064 -13 184 418,943.00 0.00 045 -064 -14 185 240.615.00 0.00 045 - 064 -16 186 275.510.00 0.00 045-064 -18 187 378,850.00 0.00 045- 064 -19 188 530,400.00 0.00 045 - 064 -20 189 408,000.00 0.00 045- 064 -21 190 226,866.00 0.00 045- 064 -22 191 324,727.00 0.00 045-064 -23 192 225,115.00 0.00 045 -064 -24 193 249.637.00 0.00 045 - 064.25 194 391,382.00 0.00 045 - 064 -26 195 410.975.00 0.00 045 - 064.27 196 270,791.00 0.00 045 - 064.28 197 252.319.00 0.00 045. 064.29 198 359.167.00 0.00 045- 064.30 199 113.711.00 0.00 045 - 064 -31 200 374,453.00 0.00 045- 064 -32 201 383.595,00 0.00 045. 064.33 202 74,792.00 0.00 045- 064 -34 203 499,392.00 0.00 045 - 064 -35 204 675,000.00 0.00 045 -064.36 205 95,718.00 0.00 045 -065 -06 206 107,106.00 0.00 045 -065 -07 207 382.500.00 0.00 045065.08 208 206,241.00 0.00 045- 065.09 209 305,121.00 0.00 045- 065.10 210 102.200.00 0100 045. 065.11 211 384,948.00 0.00 045- 065 -12 212 101,514.00 0.00 045. 065 -13 213 555,900.00 0.00 045- 065 -14 214 106.010.00 0.00 045- 065 -15 215 346,377.00 0.00 045- 065.16 216 60,777.00 0.00 045- 065.17 217 367,917.00 0.00 045. 065 -18 218 153.679.00 0.00 045- 065 -20 219 269.600.00 0.00 045- 065 -21 220 213.851.00 0.00 045- 065.23 221 215,976.00 0.00 045. 065.24 222 357,201.00 0.00 045- 065 -25 223 129,351.00 0.00 045- 065.26 224 153,935.00 0.00 045- 065 -27 225 340.965.00 0.00 045- 065 -29 226 105,013.00 0.00 045- 065 -30 227 320,378.00 0.00 045- 065 -31 228 371.273.00 0.00 045- 065-32 229 427,604.00 0.00 045- 065-33 230 223.027.00 0.00 045- 065 -34 231 394,785.00 0.00 045- 065 -35 232 117,482.00 0.00 045- 065 -36 233 377,137.00 0.00 045- 065 -37 234 68.606.00 0.00 045 -065 -38 235 335,553.00 0.00 045 - 065 -39 236 76,173.00 0.00 045 -06540 237 65,659.00 0.00 045 -06541 238 350,853.00 0.00 045 -066 -07 239 419,690.00 0.00 045 - 066 -08 240 241.830.00 0.00 045- 066 -09 241 92,006.00 0.00 045 - 066 -10 242 86,498.00 0.00 045 -066 -11 243 453.614.00 0.00 045- 066 -12 244 615,060.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567,17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10.567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10.567.17 10,567.17 10,567,17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10.567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567,17 10,567.17 10,567.17 8.833.74 8,833.74 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,56717 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10.567.17 10.567.17 10.567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 Page 8 -4 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.72 11,630.72 11,630.72 11,630.72 11 ,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11 630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11 ,630.72 11,630.72 11 630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11,630.72 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630,72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 9.89729 9,897.29 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,63032 11,630.72 11,630.72 Total Value - to -Lien 36.02 20.69 23.69 32.57 45,60 35.08 19.51 27.92 19.36 21.46 33.65 35.34 23.28 21.69 30.88 9.78 32.20 32.98 6.43 42.94 58.04 8.23 9.21 32.89 17.73 26.23 8.79 33.10 8.73 47.80 9.11 29.78 5.23 31.63 15.53 23.18 18.39 18.57 30.71 11.12 13.24 29.32 9.03 27.55 31.92 36.77 19.18 33.94 10.10 32.43 5.90 28.85 6.55 5.65 30.17 36.08 20.79 7.91 7.44 39.00 52.88 0 u 0 0 0 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11- Assessment Roll Assessment Assessors Total Assessed Existing I.D No Parcel No. Value Liens 045 - 066 -13 245 360,201.00 0.00 045 - 066 -14 246 629,744.00 0.00 045-066 -15 247 223.428.00 0.00 045- 066 -16 248 87,230.00 0.00 045- 066 -17 249 166,842.00 0.00 045- 066 -18 250 108,516.00 0.00 045 -066 -19 251 132,601.00 0.00 045 - 066 -20 252 395,080.00 0.00 045 - 066 -22 253 453,974.00 0.00 045 - 066 -23 254 472,108.00 0.00 045- 066 -24 255 456.319.00 0.00 045- 066 -25 256 308,516.00 0.00 045 -066 -26 257 223,428.00 0.00 045- 066 -27 258 482,888.00 0.00 045 - 066-28 259 331,688.00 0.00 045 -066 -29 260 342,848.00 0.00 045 - 066 -30 261 47,693.00 0.00 045 - 066 -31 262 465,120.00 0.00 045 - 066 -32 263 54,812.00 0.00 045 - 066 -33 264 413,430.00 0.00 045 -066 -34 265 415,091.00 0.00 045 - 066 -35 266 250.738.00 0.00 045 - 066 -36 267 264,316.00 0.00 045 - 066 -37 268 465.604.00 0.00 045 - 066 -38 269 445,707.00 0.00 045 - 066 -39 270 611.235.00 0.00 045 -06640 271 413,430.00 0.00 045 -066-41 272 562.962.00 0.00 045 -06642 273 483.308.00 0.00 045 -06643 274 618.697.00 0.00 045 -06644 275 503,330.00 0.00 045 -06645 276 572.220.00 0.00 045 -06646 277 285,98100 0.00 045 -06647 278 88.807.00 0.00 045 -06648 279 734,400.00 0.00 045 -06649 280 143,987.00 0.00 045- 066 -50 281 297.682.00 0.00 045- 066 -51 282 461,059.00 0.00 045 - 066 -52 283 376,919.00 0.00 045 - 066 -53 284 603,179.00 0.00 045 - 067 -02 285 591.600.00 0.00 045 - 067 -06 286 429,789.00 0.00 045- 067 -10 287 105.576.00 0.00 045 - 067 -12 288 104,385.00 0.00 045 - 067 -13 289 403.951.00 0.00 045-067 -14 290 101,320.00 0.00 045- 067 -15 291 253,019.00 0.00 045- 067 -16 292 470,857.00 0.00 045- 067 -17 293 297,358.00 0.00 045 - 067 -18 294 335.636.00 0.00 045 -067 -19 295 102,326.00 0.00 045- 067 -20 296 59,527.00 0.00 045- 067 -21 297 176,699.00 0.00 045 - 067 -22 298 382.048.00 0.00 045 - 067 -23 299 446,331.00 0.00 045 - 067 -24 300 197,785.00 0.00 045 - 067 -25 301 480.420.00 0.00 045 - 067 -26 302 254.367.00 0.00 045 - 067 -27 303 293,715.00 0.00 045 - 067 -28 304 59.527.00 0.00 045- 067 -29 305 488,155.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 8,833.74 8,833.74 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10.567.17 10.567.17 10.567.17 8,833.74 8,833.74 8.833.75 8,833.75 8,833.75 8.833.75 8,833.75 8.833.75 8.833.75 8,833.75 8,833.75 8,833.75 8,833.75 8.833.75 8.833.75 8,833.75 8.833.75 8,833.75 8.833.75 8,833.75 8.833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.56718 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 Page 8 -5 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 9,897.29 9,897.29 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 9,897.29 9.897.29 9,897.30 9.897.30 9,897.30 9,897.30 9.897.30 9,897.30 9.897.30 9,897.30 9,89730 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9.897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,89730 9,897.30 9,897.30 9.897.30 9,897.30 9.897.30 9,897.30 11.630.73 11,630.73 11,630.73 11.630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11.630.73 11 630.73 11.630.73 11.630.73 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11 630.74 11.630.74 11,630.74 11.630.74 11,630.74 11,630.74 11.630.74 11,630.74 Total Value - to-Lien 30.97 54.14 19.21 7.50 14.34 9.33 11.40 33.97 39.03 40.59 46.11 26.53 19.21 41.52 28.52 29.48 4.10 39.99 4.71 35.55 35.69 21.56 22.73 40.03 38.32 61.76 41.77 56.88 48.83 62.51 50.86 57.82 28.90 8.97 74.20 14.55 30.08 46.58 38.08 60.94 50.87 36.95 9.08 8.97 34.73 8.71 21.75 40.48 25.57 28.86 8.80 5.12 15.19 32.85 38.38 17.01 41.31 21.87 25.25 5.12 41.97 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D. No. Parcel No. Value Liens 045- 067 -30 306 101,320.00 0.00 045- 067 -31 307 76.901.00 0.00 045 - 067 -32 308 66,668.00 0.00 045 -067 -34 309 303.256.00 0.00 045- 067 -35 310 110,628.00 0.00 045- 067 -37 311 442,170.00 0.00 045 -067 -38 312 477.360.00 0.00 045 - 067 -39 313 321,166,00 0.00 045- 06740 314 435,095.00 0,00 045- 06741 315 412,842.00 0.00 045 -067-42 316 442,170.00 0.00 045 -067 -43 317 419,194.00 0.00 045 -067 -44 318 415,383.00 0.00 045 -067 -45 319 366,251.00 0.00 045-06746 320 422.410.00 0.00 045 -06747 321 100.910.00 0.00 045-06748 322 101,633.00 0.00 045-06749 323 67,286.00 0.00 045. 067 -50 324 370,432.00 0.00 045-067 -51 325 402,406.00 0.00 045- 067 -52 326 224,389.00 0.00 045 - 067.53 327 455,695.00 0.00 045 -067 -54 328 368,026.00 0.00 045-067.55 329 108,262.00 0.00 045. 067.56 330 387,621.00 0.00 045 -067.57 331 219.989.00 0.00 045 - 071 -18 332 185.839.00 0.00 045 -071 -20 333 381.009.00 0.00 045-071 -22 334 520,924.00 0.00 045- 071 -23 335 150,014.00 0.00 045- 071 -24 336 216.553.00 0.00 045 -071 -25 337 65,482.00 0.00 045- 071 -26 338 210,438.00 0.00 045 -071 -27 339 59.524.00 0.00 045 -071 -28 340 289,597.00 0.00 045 -071 -31 341 108.580.00 0.00 045- 071 -32 342 112.205.00 0.00 045. 071 -35 343 427,934.00 0.00 045- 071 -36 344 259,766.00 0.00 045- 071 -37 345 346,390.00 0.00 045- 071 -38 346 423,300.00 0.00 045- 071 -39 347 488,988.00 0.00 045-071 -40 348 54,904.00 0.00 045 -071 -41 349 342,538.00 0.00 045-071 -42 350 434,520.00 0.00 045 -071 -43 351 435,095.00 0.00 045-07144 352 374.844.00 0.00 045 -07146 353 329,957.00 0.00 045 -07147 354 612.000.00 0.00 045 - 071 -50 355 85.932.00 0.00 045-071 -52 356 77,176.00 0.00 045 - 071 -53 357 84,558.00 0.00 045 - 071 -54 358 445.175.00 0.00 045 - 071 -55 359 459.502.00 0.00 045 - 071 -56 360 116,520.00 0.00 045 - 071 -57 361 228,779.00 0.00 045 - 071 -58 362 637,500.00 0.00 045 -072 -07 363 140,614.00 0.00 045- 072 -09 364 331.688.00 0.00 045 - 072 -12 365 340,331.00 0.00 045- 072 -15 366 270,149.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 8,83175 8,833.75 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10.567.18 10,567.18 10,567,18 10,567.18 10.567.18 10,567.18 10,567,16 10,567.18 10,567,16 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567,18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.16 10.567.18 10,567.16 10.567.18 10,567.18 10.567.18 10.567.18 10.567.18 10.567.18 10.567.18 10,567.18 10.567.18 10.567.18 10,567.18 10.56718 8.833.75 8.833.75 8,833.75 8.833.75 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10.567.18 10.567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 8,833.75 8,833.75 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 Page 8 -6 TOTAL BOND ISSUE (1 sl and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11.630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 9.897.31 9,897.31 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630,74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11 630.74 11,630.74 11 630.74 11,630.74 11 630.74 11,630.74 11 630.74 11.630.74 11,630.74 11,630.74 11 630.74 11,630.74 11 630.74 11.630.74 11,630.74 11.630.74 11 630.74 11.630,74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 9,897.31 9,897.31 9,897.31 9,897.31 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11.630.74 11,630.74 11,630.74 11.630.74 11,630.74 9,897.31 9.897.31 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 Total Value - to -Lien 8.71 6.61 5.73 26.07 11.20 38.02 41.04 27.61 37.41 35.50 38.02 36.04 35.71 31.49 36.32 8.68 8.74 5.79 31.65 34.60 19.29 39.18 31.64 9.31 33.33 18.91 15.98 32.76 44.79 12.90 18.62 5.63 18.09 5.12 24.90 10.97 11.34 36.79 22.33 29.78 36.39 42.04 4.72 29.45 37.36 37.41 32.23 28.37 52.62 7.39 6.64 7.27 38.28 39.51 11.77 19.67 54.81 12.09 28.52 29.26 23.23 • 0 E E CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D_No. Parcel No. Value Liens 045 -072 -16 367 336,258.00 0.00 045 - 072 -17 368 258,079.00 0.00 045 -072 -18 369 214,289.00 0.00 045 - 072 -19 370 221,380.00 0.00 045 - 072 -20 371 425,850.00 0.00 045 - 072 -21 372 254,403.00 0.00 045 - 072 -22 373 400,554.00 0.00 045 -072 -23 374 535,000.00 0.00 045 -072 -24 375 520,200.00 0.00 045 -072 -25 376 442,170.00 0.00 045 -072 -26 377 86,496.00 0.00 045472 -28 378 606,900.00 0.00 045 - 072 -29 379 328,591.00 0.00 045 -072 -30 380 380,045.00 0.00 045 - 072 -31 381 659,500.00 0.00 045 - 072 -32 382 295,487.00 0.00 045 - 072 -33 383 567,282.00 0.00 045 - 072 -34 384 303,961.00 0.00 045 - 072 -35 385 159,064.00 0.00 045 -072 -36 386 311,445.00 0.00 045 - 072 -37 387 601,800.00 0.00 045 - 072 -39 388 286,645.00 0.00 045 -072 -00 389 561,816.00 0.00 045 -072 -01 390 471,179.00 0.00 045 -072 -02 391 317,182.00 0.00 045-072 -03 392 158,386.00 0.00 045 -072 -04 393 670.000.00 0.00 045-072 -05 394 387,523.00 0.00 045 -072 -06 395 640,000.00 0.00 045 -072 -07 396 425,878.00 0.00 045 -072 -50 397 276,285.00 0.00 045 -072 -51 398 314,229.00 0.00 045- 072 -52 399 335,553.00 0.00 045 -072 -53 400 104,444.00 0.00 045 -072 -54 401 303,956.00 0.00 045072 -55 402 107,642.00 0.00 045072 -56 403 378,320.00 0.00 045- 072 -57 404 218,375.00 0.00 045- 072 -58 405 246.608.00 0.00 045- 072 -59 406 242,573.00 0.00 045 - 072 -60 407 398,114.00 0.00 045- 072 -61 408 431,460.00 0.00 045072-62 409 71,700.00 0.00 045 -073-07 410 59,468.00 0.00 045-073 -08 411 207,418.00 0.00 045- 073-09 412 101,257.00 0.00 045 - 073 -10 413 61600.00 0.00 045- 073 -11 414 498,000.00 0.00 045- 073 -12 415 281,651.00 0.00 045 - 073-13 416 480,420.00 0.00 045- 073.14 417 55,338.00 0.00 045 - 073 -15 418 217,380.00 0.00 045 -073 -16 419 396,891.00 0.00 045 -073 -17 420 400,554.00 0.00 045 - 073 -18 421 114,025.00 0.00 045 - 073 -19 422 601,800.00 0.00 045- 073 -20 423 356,118.00 0.00 045- 073 -21 424 351,789.00 0.00 045 -073 -22 425 320,580.00 0.00 045 -073 -23 426 106,274.00 0.00 045 - 073 -24 427 223,193.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 Page 8 -7 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.73 11,630.74 11.630.73 11.630.74 11.630.73 11.630.74 11.630.73 11.630.74 11.630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11.630.74 11.630.73 11.630.74 11.630.73 11.630.74 11,630.73 11.630.74 Total Value - to -Lien 28.91 22.19 18.42 19.03 36.61 21.87 34.44 46.00 44.73 38.02 7.44 52.18 28.25 32.68 56.70 25.41 48.77 26.13 13.68 26.78 51.74 24.65 48.30 40.51 27.27 13.62 57.61 33.32 55.03 36.62 23.75 27.02 28.85 8.98 26.13 9.25 32.53 18.78 21.20 20.86 34.23 37.10 6.16 5.11 17.83 8.71 5.47 42.82 24.22 41.31 4.76 18.69 34.12 34.44 9.80 51.74 30.62 30.25 27.56 9.14 19.19 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D_No. Parcel No. Value Liens 045 -073 -25 428 555,000.00 0.00 045 -073.26 429 100,526.00 0.00 045- 073 -27 430 126,550.00 0.00 045- 073 -29 431 347,244.00 0.00 045 -074 -05 432 73,421.00 0.00 045 -074 -06 433 78,806.00 0.00 045 -074 -07 434 410,742.00 0.00 045 -074 -08 435 451,013.00 0.00 045 -074 -09 436 539,967.00 0.00 045 -074 -10 437 337,406.00 0.00 045 -074 -11 438 583,664.00 0.00 045- 074 -12 439 309,705.00 0.00 045 - 074 -13 440 453,074.00 0.00 045 -074 -14 441 445,052.00 0.00 045- 074 -15 442 374,956.00 0.00 045- 074 -16 443 91,871.00 0.00 045 -074 -17 444 322,997.00 0.00 045074 -18 445 286,147.00 0.00 045 - 074 -20 446 323,178.00 0.00 045 - 075 -07 447 240.773.00 0.00 045075 -08 448 439.879.00 0.00 045075 -09 449 107,706.00 0.00 045- 075 -10 450 535,806.00 0.00 045 - 075 -11 451 178,267.00 0.00 045 -075 -12 452 279,336.00 0.00 045 -075 -13 453 374,694.00 0.00 045 -075 -14 454 218,374.00 0.00 045 -075 -15 455 550,000.00 0.00 045 -075 -18 456 279,872.00 0.00 045-075 -19 457 356,118.00 0.00 045 -075 -20 458 59,837.00 0.00 045- 075 -21 459 258,739.00 0,00 045- 075 -22 460 302,698.00 0.00 045 -075 -23 461 365,472.00 0.00 045. 075 -24 462 479,400.00 0.00 045- 075 -25 463 377,793.00 0.00 045 -075 -26 464 453,074.00 0.00 045 -075 -27 465 479,614.00 0.00 045- 075-28 466 332,961.00 0.00 045 -075 -29 467 121,216.00 0.00 045- 075.30 468 96,820.00 0.00 045 -075 -31 469 616,299.00 0.00 045 -075 -32 470 815,500.00 0.00 045- 075 -35 471 666.458.00 0.00 045 -075 -36 472 484,450.00 0.00 045075 -37 473 357,225.00 0.00 D45- 075 -38 474 94,219.00 0.00 D45 -081 -07 475 337,552.00 0.00 D45 -081 -08 476 116,902.00 0.00 045081.09 477 495,583.00 0.00 045 -081 -14 478 274,990.00 0.00 045081 -15 479 485,866.00 0.00 D45- 081 -16 460 281,867.00 0.00 045 - 081 -17 481 318,471,00 0.00 045. 081 -18 482 530,400.00 0.00 045 - 081 -19 483 357,196.00 0.00 045 - 081 -20 484 283,294.00 0.00 045 -082-04 485 102,198.00 0.00 045082-05 486 315.430.00 0.00 045- 082 -06 467 97,572.00 0.00 045082-07 488 97386.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Anpmved and Recorded 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8.833.75 8,83175 8,833.75 10.567.17 10.567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10.567.18 10,567.17 10,567.18 10,567.17 10,567.18 10.567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 10,567.17 10,567.18 8,833.75 8.833.75 8,833.75 8,833.75 8,833.75 8.833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8.833.75 8,833.75 8,83175 8,833.75 8,833.75 8.833.75 8,833.75 8.833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 0.00 0.00 0.00 0.00 0.00 0.00 8,833.74 8,833.74 0.00 0.00 0.00 O.OD 0.00 0.00 17,667.49 17,667.49 17,667.49 17,667.49 17,667.49 17,667.49 17,667.49 17,667.49 Page 8 -8 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9.897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11.630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11.630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11.630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 11,630.73 11,630.74 9,897.31 9,897.31 9,897.31 9.897.31 9,897.31 9.897.31 9,897,31 9,897.31 9,897,31 9,897.31 9,897.31 9,897.31 9,897.31 9.897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9,897.31 9.89731 9,897.31 9.897.31 9,897.31 0.00 0.00 0.00 0.00 0.00 0.00 9,897.30 9,897.30 0.00 0.00 0.00 0.00 0.00 0.00 19,794.60 19,794.60 19,794.60 19,794.60 19,794,60 19,794.60 19,794.60 19,794.60 Total Value - to -Lien 47.72 8.64 10.88 29.86 7.42 7.96 41.50 45.57 54.56 34.09 58.97 31.29 45.78 44.97 37.88 9.28 32.63 28.91 32.65 20.70 37.82 9.26 46.07 15.33 24.02 32.22 18.78 47.29 24.06 30.62 5.14 22.25 26.03 31.42 41.22 32.48 38.95 48.46 33.64 12.25 9.78 62.27 82.40 67.34 48.95 36.09 9.52 34.11 11.81 50.07 Na Na We 32.18 Na We Na 5.16 15.94 4.93 4,92 is 0 0 9 0 0 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I. D. No. Parcel No. Value Liens 045 - 082.08 489 359,186.00 0.00 045 - 082 -10 490 422,913.00 0.00 045- 082.11 491 712,980.00 0.00 045 - 082.13 492 296,566.00 0.00 045 - 082 -16 493 359,420.00 0.00 045 -082 -17 494 432,420.00 0.00 045 - 083 -01 495 350,484.00 0.00 045.083 -09 496 434,057.00 0.00 045 - 083 -10 497 420,563.00 0.00 045 - 083 -11 498 322,586.00 0.00 045 - 083 -12 499 347,384.00 0.00 045 - 083 -13 500 432,972.00 0.00 939 - 720 -01 501 278,866.00 0.00 939 - 720 -02 502 266,708.00 0.00 939 -720 -03 503 292,164.00 0.00 939 -720-04 504 227,667.00 0.00 939. 720 -05 505 268,609.00 0.00 939 - 720 -06 506 279,266.00 0.00 045- 083 -15 507 89.499.00 0.00 045 -084 -01 508 1,248,480.00 0.00 045- 084 -03 509 225,476.00 0.00 045 - 084 -04 510 189,331.00 0.00 045- 084 -06 511 979,200.00 0.00 045- 084 -09 512 630,938.00 0.00 045- 084 -10 513 74,521.00 0.00 045- 111 -15 514 86,636.00 0.00 045- 111 -17 515 181,356.00 0.00 045- 111 -18 516 226,644.00 0.00 045 - 111 -19 517 223.027.00 0.00 045- 111 -20 518 4.658,850.00 0.00 045- 112 -01 519 124.188.00 0.00 045- 112 -08 520 68,417.00 0.00 045- 112 -09 521 64,599.00 0.00 045 - 112 -10 522 317,650.00 0.00 045- 112 -11 523 157,875.00 0.00 045- 113 -01 524 60,292.00 000 045- 113 -02 525 57,161.00 0.00 045- 113 -03 526 61,295,00 0.00 045- 114.08 527 129,500.00 0.00 045- 114 -09 528 129.500.00 0.00 045- 114 -13 529 388,840.00 0.00 045- 114.15 530 867,152.00 0.00 045- 114 -16 531 316,584.00 0.00 045- 115 -01 532 153.000.00 0.00 045- 115 -08 533 426,800,00 0.00 045. 115 -10 534 61,200.00 0.00 114-6661 -01 535 573,855.00 0.00 114- 661 -02 536 590,565.00 0.00 114- 661 -03 537 129,033.00 0.00 114- 661 -04 538 673.200.00 0.00 114 - 661 -05 539 714,000.00 0.00 114- 661 -06 540 495,632.00 0.00 114 - 661 -07 541 140,575.00 0.00 114- 662 -01 542 12,246.00 0.00 424- 431 -03 543 28,938.00 0.00 424. 431 -04 544 248,831.00 0.00 424. 432 -01 545 100,701.00 0.00 424-432 -02 546 95,818.D0 O.DO 424 -432 -03 547 139.798.00 0.00 424 -432.05 548 149,386.00 0.00 424 -432 -06 549 137,072.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Aooroved and Recorded 8,83174 8,83174 17,667.49 8,833.74 17,667.49 8,833.74 8,833.74 8,833.74 0.00 0.00 0.00 0.00 19,400.93 19,400.92 19,400.93 19,400.92 19,400.93 19,400.92 19,400.93 19,400.92 19,400.93 19,400.93 19.400.93 19,400.93 9,700.47 9,700.47 9.700.47 9,700.47 9,700.47 9,700.47 9,700.47 9,700.47 9,700.47 9,700.47 9,700.47 9.700.47 15,850.77 15,850.77 111,205.25 51.577.42 8,833.75 8,833.75 10,567.18 10,567.18 3,466.87 3,466.87 38,781.53 38,781.53 8,833.75 8,833.75 8,833.75 0.00 8,833.75 0.00 8,833.75 8,833.75 30,653.11 23.321.10 36,836.73 36.836.73 26,501.25 26,501.25 0.00 0.00 0.00 0.00 48,585.61 48,585.61 22,084.37 22,084.37 0.00 0.00 0.00 0.00 0.00 0.00 4,416.88 4,416.88 0.00 0.00 17,667.49 17,667.49 106,004.96 46,377.14 61,836.23 61,836.23 0.00 0.00 17,667.49 17,667.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01) 58,119.46 58,119.46 19,400.92 19,400.92 17,667.49 17,667.49 4,416.68 4.416.88 0.00 0.00 0.00 0.00 Page 8 -9 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 9.897.30 9,897.30 19,794.60 9.897.30 19,794.60 9.897.30 9,897.30 9,897.30 0.00 0.00 0.00 0.00 21.528.04 21,528.03 21,528.04 21,528.03 21,528.04 21,528.03 21,528.04 21,528.03 21,528.04 21.528.04 21,528.04 21.528.04 10,764.03 10.764.03 10,764.03 10,764.03 10,764.03 10,764.03 10,764.03 10.764.03 10.764.03 10,764.03 10,764.03 10,764.03 17,446.10 17,446.10 123.967.92 57,161.11 9.897.31 9,897.31 11,630.74 11.630.74 3.466.87 3,466.87 42,684.78 42,684.78 9,897.31 9,897.31 9,897.31 0.00 9.897.31 0.00 9,897.31 9,897.31 34,343.65 26,160.81 41,271.76 41,271.76 29.691.92 29,691.92 0.00 0.00 0.00 0.00 54,435.17 54,435.17 24.743.26 24,743.26 0.00 0.00 0.00 0.00 0.00 0.00 4,948.66 4,948.66 0.00 0.00 19,794.60 19,794.60 118,767.63 51,960.83 69,281.12 69,281.12 0.00 0.00 19,794.60 19,794.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.OD 0.00 63,969.02 63,969.02 21,528.03 21,528.03 19.794.60 19,794.60 4,948.66 4,948.66 0.00 0.00 0.00 0.00 Total Value - to -Lien 36.29 42.73 72.04 29.96 n/a n/a 16.28 20.16 19.54 14.98 16.14 20.11 25.91 24.78 27.14 21.15 24.95 25.94 5.13 21.84 22.78 16.28 282.44 14.78 7.53 Na n/a 22.90 8.53 112.88 4.18 n/a Na 5.84 6.38 n/a n/a n/a 26.17 n/a 19.84 16,69 4.57 Na 21.56 Na n/a n/a n/a n/a n/a n/a Na n/a n/a 3.89 4.68 4.84 28.25 n/a n/a CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D_No. Parcel No Value Liens 424 432 -07 550 880,258.00 0.00 424 432 -08 551 108.141.00 0.00 424 432 -09 552 92,459.00 0.00 424 432 -10 553 144,742.00 0.00 424 433 -01 554 455,257.00 0.00 424 433 -02 555 427,560.00 0.00 424 433 -03 556 430,000.00 0.00 424 433 -04 557 144.487.00 0.00 424 433 -05 558 261,241.00 0.00 424 433 -08 559 143.047.00 0.00 424 433 -09 560 157,503.00 0.00 424 433 -11 561 157,310.00 0.00 424 433 -12 562 430,000.00 0.00 424 433 -13 563 427,560.00 0.00 424 434 -01 564 124,343.00 0.00 424 434 -02 565 25,625.00 0.00 424 434 -03 566 323,564.00 0.00 424 434 -07 567 395.724.00 0.00 424 434 -08 568 343.743.00 0.00 424 434 -09 569 295.912.00 0.00 424 434 -10 570 1,146.588.00 0.00 045- 010-19 571 0.00 0.00 571 PARCELS $185,907,096.00 $0.00 TOTAL BOND ISSUE INITIAL BOND ISSUE (1st and 2nd Bond Issues) As As As As Total Preliminarily Confirmed Preliminarily Confirmed Value - Approved and Recorded Approved and Recorded to -Lien 0.00 0.00 0.00 0.00 Na 17,667.49 17,667.49 19,794.60 19,794.60 5.46 19.400.92 19,400.92 21,528.03 21,528.03 4.29 4,416.88 4,416.88 4,948.66 4,948.66 29.25 19,400.92 19,400.92 21,528.03 21,528.03 21.15 19,400.92 19,400.92 21,528.03 21,528.03 19.86 17,667.49 17,667.49 19,794.60 19.794.60 21.72 17,667.49 17,667.49 19.794.60 19,794.60 7.30 17,667.49 17,667.49 19,794.60 19,794.60 13.20 17,667.49 17.667.49 19,794.60 19.794.60 7.23 17,667.49 17,667.49 19,794.60 19,794.60 7.96 19,400.92 19,400.92 21,528.03 21,528.03 7.31 6,625.31 6.625.31 7,422.98 7.422.98 57.93 19,400.92 19.400.92 21,528.03 21,528.03 19.86 17.667.49 17,667.49 19,794.60 19,794.60 6.28 17.667.49 17,667.49 19,794.60 19,794.60 1.29 17.667.49 17,667.49 19.794.60 19,794.60 16.35 17,667.49 17,667.49 19.794.60 19.794.60 19.99 17.667.49 17,667.49 19.794.60 19.794.60 17.37 17.667.49 17,667.49 19.794.60 19.794.60 14.95 44,168.73 44,168.73 49.486.51 49,486.51 23.17 0.00 000 0.00 0.00 n/a $6,140,000.00 $5,978,077.37 $6,800,000.00 $6,618,614.36 28.09 Page 8.10 9 J 0 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Table 2 Debt Limit Report Under the Resolution of Intention, the following satisfies the requirements of Part 7.5 of Division of the California Streets and Highways Code: 1. Estimated Balance to Assessment $ 6,618,614.36 2. Unpaid Special Assessments $ Total 1 + 2 $ 6,618,614.36 3. True Value of Parcels— $ 185,907,096.00 LAverage Value to Lien Ratio 28.09:1 * Unpaid Special Assessments shall consist of the total principal sum of all unpaid special assessments previously levied or proposed to be levied other than in the instant proceedings. ** True Value of Parcels means the total value of the land and improvements as estimated and shown on the last equalized roll of the County or as otherwise reasonably calculated. Note: As it is not within the purview of this report, nor the responsibility of the Assessment Engineer, this report makes no recommendations on parcel value, economic viability or financial feasibility. CERTIFICATION I, THE UNDERSIGNED Assessment Engineer, do hereby certify that 1. The total amount of the principal sum of the special assessments proposed to be levied, together with the principal amount of previously levied special assessments, as set forth above, do not exceed one -half ('/2) the total true value of the parcels proposed to be assessed; and 2. The proposed assessment amount upon any parcel does not exceed one -half (' /2) of the true value of the parcel. EXECUTED on this 15th day of July 2004. MuniFinancial David L. Hunt, P.E. (CE 30514) Assessment EngineerT = =n City of Newport Beach State of California MuniFinancial Page 9 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) EXHIBIT 1 0 METHOD AND FORMULA OF ASSESSMENT BACKGROUND Statutes require that assessments levied pursuant to the Municipal Improvement Act of 1913 be based on the estimated special benefit that the properties receive from the Works of Improvement. However, the law does not specify the method or formula that should be used to apportion the assessments in Assessment District proceedings. Further, Articles XIIIC and XIIID of the California Constitution require that only special benefits are assessable, that no assessment may exceed the proportional special benefit conferred on the parcel assessed and that publicly owned parcels shall not be exempt from assessment unless clear and convincing evidence demonstrates that such public owned parcels receive no special benefits from the improvements or services for which the assessment is levied. Special benefit is a particular and distinct benefit over and above general benefits conferred to the public at large on real property located in the Assessment District. General enhancement of property value does not constitute special benefit. Therefore, it is necessary to identify the benefit that the Works of Improvement will render to the properties within the Assessment District. It is also necessary that the properties receive a special and direct benefit as distinguished from general benefit to the general public. The responsibility rests with the Assessment Engineer, who is appointed for the purpose of analyzing the facts and determining the method or formula for apportionment and the assessment obligation to the benefited properties. For these proceedings, the City has retained the firm of MutniFinancial /Willdan as the Assessment Engineer. The Assessment Engineer makes the recommendation for the method and spread of the apportionment at the public hearing. The final authority and action rest with the City Council after hearing all evidence and testimony presented at the public hearing and the tabulation of assessment ballots. Upon conclusion of the public hearing, the City Council must make the final determination as to whether or not the assessment spread has been made in direct proportion to the special benefit received by each parcel within the Assessment District. Ballot tabulation will then be completed, and if a majority of ballots, weighted by assessment amount, are in support of the assessment, then the City Council may establish the Assessment District. SPECIAL BENEFIT Recognizing the special benefit properties receive from the removal of overhead utility lines and poles, the Certificate of Sufficiency verified that property owners submitted a petition, signed by sixty-two (62%) percent of the assessable area of property within the Assessment District boundaries. Planned improvements to the entire Assessment District will provide a special benefit as the conversion to the new distribution system will not only be safer, but will enhance service reliability and capacity while improving property aesthetics. 0 MuniFinancial Page 10 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) . Further, the construction of these improvements will conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards, applicable to the value of Assessment District parcels, therefore providing a special and direct benefit to said properties. Therefore, 100% of the improvements are considered direct and special benefits only to the specific properties within the Assessment District and general benefit, if any, is de minimus. METHOD OF ASSESSMENT All parcels are assessed based on the direct and special benefit that they receive. All of the improvements have been shown to provide direct and special benefit to the properties and we have determined that there is no general benefit portion of the assessment to be considered. The properties within the Assessment District are a mixture of residential and commercially zoned properties with the exception of the Newport Shores Park property. The vast majority of the parcels are zoned single - family residential parcels (11-1). Since the single - family residential parcels receive the same benefit from the undergrounding of the overhead utilities and they make up the majority of the property types within the district, they will each be assigned one equivalent benefit unit or one EBU. Special benefits ascribed to commercial and other land use types will be equated to the single - family unit or EBU. This same approach applies to the parcels located on alleyways that are being reconstructed as part of • the District improvements. Only the parcels that are located along the alleyways benefit from these improvements and receive a special benefit. Since the front footage of most of the single - family and multi - residential parcels is approximately the same, all of the residential parcels located along the alleyways will be assigned one EBU. Benefit to commercial and other land use types will be equated to the residential units or EBU. 9 All parcels are assessed based on their underlying zoning. This means that some parcels in the district that currently have non conforming uses are assigned EBUs as described above based on the highest and best use for the property which is based on the underlying zoning. R -2 Zoned Properties R -2 Zoned properties have the potential to have two dwelling units located on the parcel. Since each dwelling unit is likely to use a similar amount of electrical and other utility services as a typical single - family residential parcel, R -2 zoned lots will be assigned 2 EBUs per parcel. Commercial Property The commercial property was assigned EBUs based on the parcel's average width along the streets being undergrounded as compared to the average front footage for a single- family residential parcel. The average front footage for a single - family residential parcel has been calculated at 30 feet. MuniFinancial Page 11 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Park • The City owned park does not have connections to electricity, telephone or cable and therefore does not receive a special benefit. Consequently, these parcels will have a $0 assessment. N n Assessed and Partially Assess&d_P_arcels Parcels that are already served by existing underground utilities (electricity and telephone) located on West Pacific Highway will not benefit from the utility improvements for this District. Therefore, they are not assessed for the utility construction costs. Parcels served with existing underground utilities but not underground telephone service are assessed at one -half (' /z) the rate of other parcels with the same land use. Detail of EBUs and Assessments After determining the number of EBUs per parcel based on the above for both utility undergrounding and for alleyway improvements, each parcels total number of EBUs were added together and divided by the total dollar amount of the specific improvements (utility undergrounding or alleyway improvements). This resulted in a dollar amount per EBU that is then multiplied by each parcel's number of EBUs to determine the assessment amount. The incidental and financing costs are allocated to each parcel in the District on a prorated basis based on each parcel's share of the total construction costs. This percentage is then multiplied by the total cost of incidental and financing cost's to determine the individual parcel's share. The table located at the end of this section displays individually by assessor parcel number, the number of EBUs assigned for each improvement and the corresponding assessment amount. Conclusion It is my opinion that the assessments for Assessment District No. 68 (Newport Shores) are allocated in accordance with the direct and special benefit that the land receives from the Works of Improvement. MuniFinancial/ Willdan z�I.1�- David L. Hunt, P.E. (CE 30514) Assessment Engineer �f ::, v � City of Newport Beach L `° Ox NO.��� State of California � 'os'° {� fxv.l- liro�5p �y Sq��Y /l EN4M1" <a. cn, �aoQ•" 9 MuniFinancial Page 12 City of Newport Beach CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st VTCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 010 -15 1 0.0 $0.00 0.0 $0.00 $0.00 $0.00 $0.00 $0.00 045- 010 -16 2 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -17 3 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -18 4 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -20 5 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -21 6 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -22 7 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -23 8 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -26 9 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 051 -09 10 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19,794.61 045- 051 -10 11 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19,794.61 045- 051 -11 12 2.0 15,420.03 0.0 0.00 2,247.47 17.667.50 2,127.11 19,794.61 045 - 051 -12 13 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19,794.61 045 - 051 -13 14 2.0 15.420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19.794.61 045- 052 -03 15 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 1,063.56 11.630.74 045 - 052 -04 16 1.0 7,710.01 1.0 1.512.92 1,344.25 10,567.18 1,063.56 11.630.74 045 - 052 -05 17 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 1,063.56 11,630.74 045 - 052 -06 18 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045 - 052 -08 19 1.0 7,710.01 1.0 1,512.91 1,344.25 10.567.17 1,063.56 11,630.73 045 - 052 -09 20 1.0 7,710.01 1.0 1,512.91 1,344.25 10,567.17 1,063.56 11.630.73 045 - 052 -10 21 1.0 7.710.01 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045 - 052 -11 22 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,630.73 045 - 052 -12 23 1.0 7.710.01 1.0 1,512.91 1.344.24 10,567.17 1.063.56 11,630.73 045 - 052 -13 24 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 052 -14 25 1.0 7.710.01 1.0 1,512.91 1,344.24 10.567.16 1,063.56 11,630.72 045 - 053 -02 26 1.0 7.710.01 1.0 1,512.91 1.344.24 10,567.16 1.063.56 11,630.72 045- 053 -03 27 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1.063.56 11,630.72 045- 053 -05 28 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1.063.56 11,630.72 045 - 053 -06 29 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -10 30 1.0 7,710.01 1.0 1,512.91 1.344.24 10,567.16 1,063.56 11,630.72 045 - 053 -12 31 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1.063.56 11,630.72 045 - 053 -13 32 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -17 33 110 7,710.01 1.0 1.512.91 1.344.24 10,567.16 1,063.56 11,630.72 045 - 053 -18 34 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -19 35 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -20 36 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -21 37 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1063.56 11,630.72 045- 053 -23 38 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567,16 1.063.56 11,630.72 045 - 053 -24 39 1.0 7,710.01 1.0 1,512.91 1.344.24 10.567.16 1,063.56 11,630.72 045 - 053 -25 40 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567.16 1.063.56 11,630.72 045 - 053 -26 41 1.0 7,710.01 1.0 1,512.91 1.344.24 10,567.16 1,063.56 11,630.72 045 - 053 -27 42 1.0 7,710.01 1.0 1,512.91 1,344.24 10.567.16 1,063.56 11,630.72 045 - 053 -28 43 1.0 7,710.01 1.0 1.512.91 1.344.24 10,567.16 1,063.56 11,630.72 045- 053 -29 44 1.0 7,710.01 1.0 1,512.91 1.34424 10,567.16 1,063.56 11.630.72 045- 053 -30 45 1.0 7,710.01 1.0 1.512.91 1,344.24 10,567.16 1,063.56 11,630.72 045 - 053 -31 46 1.0 7,710.01 1.0 1,512,91 1,344,24 10,567.16 1.063.56 11,630.72 045- 053 -32 47 1.0 7,710.01 1.0 1,512.91 1,344.24 10,567,16 1,063.56 11,630.72 045 - 053 -33 48 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9.897.30 045 - 053 -34 49 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9,897.30 045- 053 -35 50 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045- 053 -36 51 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045 - 053 -37 52 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 053 -38 53 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 053 -39 54 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 -05340 55 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9,897.30 045 -05341 56 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9,897.30 045 - 053 -42 57 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9.897.30 045- 053 -45 58 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.56 11,630.73 045 - 054 -26 59 1.0 7,710.01 0.0 0.00 1.123.73 8,83174 1,063.56 9,897.30 045 - 054 -27 60 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045 - 054 -28 61 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 054 -29 62 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,697.30 045- 054 -30 63 1.0 7,710.01 0.0 0.00 1,123.73 8,633.74 1,063.56 9.897.30 045- 054 -31 64 1.0 7.710.01 0.0 0.00 1.123.73 8.833.74 1,063.56 9,897.30 045 - 054 -32 65 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 054 -33 66 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045- 054 -34 67 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 Page 12 -1 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Confirmed Parcel No. I.D. No EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 054 -35 68 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 054 -36 69 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -01 70 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -02 71 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -03 72 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -05 73 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -06 74 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -08 75 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -25 76 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 055 -26 77 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 114- 661 -11 78 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 055 -28 79 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -29 80 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -30 81 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -31 82 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -32 83 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -33 84 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -34 85 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -35 86 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -36 87 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -37 88 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -38 89 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 045- 055 -39 90 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055-40 91 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -05541 92 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -055 42 93 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055-43 94 1.0 7.710.01 0.0 0.00 1.123.73 8.833.74 1,063.55 9,897.29 045- 055-44 95 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -055 45 96 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -055 46 97 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -055 47 98 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -48 99 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 045- 055 -49 100 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.55 9,897.29 045- 055 -51 101 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -52 102 1.0 7,710.01 0.0 0100 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -53 103 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -54 104 1.0 7.710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045- 055 -55 105 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -56 106 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,89729 045- 055 -57 107 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -58 108 1.0 7.710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045- 055 -59 109 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 045- 055 -60 110 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -61 111 1.0 7.710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045- 055 -62 112 1.0 7.710.01 0.0 0.00 1,123.73 8,83174 1,063.55 9,897.29 045- 056 -32 113 1.0 7.710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 056 -33 114 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 056 -34 115 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 -061 -06 116 1.0 7.710.01 1.0 1.512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 061 -10 117 1.0 7.710.01 1.0 1.512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 061 -11 11B 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 061 -12 119 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 061 -13 120 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 061 -14 121 1.0 7.710.01 1.0 1,512.92 1.34424 10.567.17 1,063.55 11,630.72 045 - 061 -15 122 1.0 7,710,01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 061 -16 123 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 061 -17 124 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 061 -18 125 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045 - 061 -19 126 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045 - 061 -20 127 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 061 -22 128 1.0 7.710.01 1.0 1,512.92 1.34424 10,567.17 1.063.55 11,630.72 045- 061 -24 129 1.0 7,710.01 1.0 1.512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 061 -25 130 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 061 -26 131 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 061 -27 132 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 061 -28 133 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 061 -29 134 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1.063.55 11,630.72 Page 12 -2 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 - 061 -30 135 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 061 -31 136 1.0 7.710.01 1.0 1,512.92 1,344,24 10.567.17 1.063.55 11,630.72 045 - 061 -32 137 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 061 -33 138 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567,17 1,063.55 11,630.72 045 - 061 -36 139 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1.063.55 11.630.72 045 - 061 -37 140 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 061 -38 141 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 062 -07 142 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1,063.55 11.630.72 045 - 062 -08 143 1.0 7,710.01 1.0 1,512,92 1,344.24 10,567.17 1.063,55 11,630.72 045 - 062 -09 144 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 062 -10 145 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 062 -11 146 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 062 -12 147 1.0 7,710.01 1.0 1,512.92 1,344,24 10.567.17 1,063.55 11,630,72 045 - 062 -13 148 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1.063,55 11.630.72 045- 062 -15 149 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045 - 062 -16 150 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045 - 062 -17 151 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045 - 062 -18 152 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 062 -19 153 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 062 -20 154 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 -062 -21 155 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1063,55 11,630.72 045 - 062 -22 156 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 062 -23 157 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063,55 11,630.72 045 - 062 -25 158 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045 - 062 -26 159 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 062 -27 160 1.0 7,710.01 1.0 1,512,92 1,344.24 10,567.17 1,063.55 11,630,72 045 - 063 -04 161 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567,17 1,063.55 11,630,72 045 -063 -05 162 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1063.55 11,630.72 045 - 063 -06 163 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 063 -07 164 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045 - 063 -08 165 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11.630.72 045 - 063 -09 166 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1063.55 11,630.72 045 - 063 -10 167 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 063 -11 168 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630,72 045 - 063 -12 169 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11.630.72 045- 063 -13 170 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 063 -15 171 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630,72 045 - 063 -16 172 1.0 7,710.01 0.0 0.00 1.123.73 8.833.74 1,063.55 9,897.29 045 - 063 -18 173 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 063 -19 174 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630,72 045 - 063 -20 175 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 063 -21 176 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1063.55 11,630.72 045- 063 -22 177 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 063 -23 178 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 063 -24 179 1.0 7,710.01 1.0 1,512,92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -05 180 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,06155 11,630.72 045 - 064 -10 181 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 064 -11 182 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063,55 11.630.72 045 - 064 -12 183 1.0 7,710.01 1.0 1512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 064 -13 184 1.0 7,710.01 1.0 1,512,92 1,344.24 10.567.17 1,063.55 11,630.72 045- 064 -14 185 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -16 186 1.0 7,710.01 1.0 1,512.92 1,34424 10.567.17 1,063.55 11,630.72 045 - 064 -18 187 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 064 -19 188 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1063.55 11,630.72 045 - 064 -20 189 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 064 -21 190 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -22 191 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1063.55 11.630.72 045 -064 -23 192 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 064 -24 193 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -25 194 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 064 -26 195 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11.630.72 045 - 064 -27 196 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1063.55 11,630.72 045- 064 -28 197 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -29 198 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1063.55 11,630.72 045- 064 -30 199 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -31 200 1.0 7,710.01 1.0 1,512.92 1,34424 10,567.17 1063.55 11.630.72 045 - 064 -32 201 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 Page 12 -3 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alloy Incidental Total 1st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 064 -33 202 1.0 7,710.01 1.0 1,512.32 1,344.24 10,567.17 1.063.55 11,630.72 045- 064 -34 203 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -35 204 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -36 205 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -06 206 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -07 207 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -08 208 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -09 209 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -10 210 1.0 7.710.01 1.0 1,512.92 1,34424 10,567.17 1,063.55 11,630.72 045- 065 -11 211 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -12 212 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -13 213 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -14 214 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -15 215 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065-16 216 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -17 217 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -18 218 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 -065 -20 219 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -21 220 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045 -065 -23 221 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -24 222 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -25 223 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 065 -26 224 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 065 -27 225 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -29 226 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -30 227 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 065 -31 228 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -32 229 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 065 -33 230 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -34 231 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1.063.55 11,630.72 045- 065 -35 232 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -36 233 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -37 234 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -38 235 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065 -39 236 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 065-40 237 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,06155 11,630.72 045- 065-41 238 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 066 -07 239 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 066 -08 240 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -09 241 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 066 -10 242 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -11 243 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 066 -12 244 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045- 066 -13 245 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11.630.72 045- 066 -14 246 1.0 7,710.01 1.0 1.512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 066 -15 247 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 066 -16 248 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -17 249 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,06155 11,630.72 045- 066 -18 250 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1.063.55 11,630.72 045- 066 -19 251 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11.630.72 045- 066 -20 252 1.0 7,710.01 1.0 1.512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 066 -22 253 1.0 7,710.01 1.0 1.512.92 1.344.24 10.567.17 1,063.55 11.630.72 045- 066 -23 254 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -24 255 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 045- 066 -25 256 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -26 257 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -27 258 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 066 -28 259 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 066 -29 260 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -30 261 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045- 066 -31 262 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -32 263 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -33 264 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 066 -34 265 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 066 -35 266 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045- 066 -36 267 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -37 268 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1.06155 11,630.72 Page 12-4 0 E Assessor s Parcel No. 045 - 066 -38 045 - 066 -39 045- 066 -40 045- 066 -41 045- 066 -42 045 -06643 045 -06644 045- 066-45 045- 066 -46 045 -06647 045 - 066-48 045- 066-49 045- 066 -50 045- 066 -51 045- 066 -52 045 - 066.53 045- 067.02 045- 067.06 045- 067 -10 045- 067 -12 045 - 067 -13 045- 067.14 045- 067 -15 045- 067 -16 045- 067 -17 045- 067 -18 045- 067.19 045- 067.20 045- 067 -21 045- 067 -22 045 - 067 -23 045- 067 -24 045- 067 -25 045- 067 -26 045- 067 -27 045- 067 -28 045- 067 -29 045 - 067 -30 045 - 067 -31 045 - 067 -32 045 - 067 -34 045- 067 -35 045 - 067 -37 045 - 067 -38 045 - 067 -39 045- 067-40 045- 067 -41 045- 067 -42 045 -067 -43 045- 067-44 045- 067 -45 045- 067 -46 045 - 067-47 045 - 067 -48 045- 067 -49 045- 067 -50 045- 067 -51 045 - 067 -52 045 - 067 -53 045- 067 -54 045- 067 -55 045 - 067 -56 045- 067 -57 045- 071 -18 045- 071 -20 045- 071 -22 045- 071 -23 Assessment I.D. No. 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Utility Costs Total Utility EBUs Costs 1.0 7,710.01 1.0 7.710.01 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710,02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1,0 7,710.02 1.0 7.710.02 1.0 7.710.02 Alley Costs Total Alley Incidental Total 1st 1TCC Confirmed EBUs Costs Costs Bond Issue Costs Total Assessment 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833,75 1,063.55 9,897.30 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8,833.75 1063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1,063.55 9,89730 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 0.0 0.00 1,123.73 8.833.75 1063.55 9,897.30 0.0 0.00 1.123.73 8,833.75 1,063.55 9,897.30 1.0 1,512.92 1,344.24 10.567.18 1,063.55 11.630.73 1,0 1,512.92 1,344.24 10,567.18 1,063.55 11,630.73 1,0 1,512.92 1,344.24 10.567.18 1.063.55 11,630.73 1.0 1,512.92 1.344.24 10,567.18 1,063.55 11,630.73 1.0 1,512.92 1,344.24 10.567.18 1,063.55 11, 630.73 1.0 1,512.92 1,344.24 10,567.18 1,063.55 11.630.73 1.0 1.512.92 1,34 4.24 10.567.18 1,063.55 11, 630.73 1.0 1.512.92 1,344.24 10, 567.18 1,063.55 11,630J3 1.0 1,512.92 1,344.24 10.567.18 1.063.55 11,630.73 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10,567.18 1.063.56 11.630.74 1.0 1,512.92 1,34 4.24 10, 567.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10,567.18 1,063.56 11,630.74 1,0 1,512.92 1.344.24 10,567.16 1,063.56 11.630.74 1,0 1,512.92 1,344.24 10.567,18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1.34 4.24 10.567.18 1,063.56 11, 630.74 1.0 1,512.92 1,344.24 10.567.18 1.06156 11,630.74 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,63034 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10, 567.18 1,063.56 11, 630.74 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10.567.18 1,06 3.56 11,630.74 0.0 0.00 1,123.73 8,833.75 1,063.56 9.897.31 1.0 1,512.92 1.34424 10, 567.16 1,063.56 11, 630.74 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10, 567.16 1,063.56 11, 630.74 1.0 1,512.92 1,344.24 10.557.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10.567.16 1,053.56 11,630.74 1.0 1.512.92 1.344.24 10, 567.18 1,063.56 11, 630.74 1.0 1,512.92 1.344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10.567.18 1.063.56 11,630.74 1.0 1.512.92 1,34 4.24 10.567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1.344,24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1.344.24 10.567.16 1.063.56 11, 630.74 1.0 1.512.92 1,344.24 10.567.18 1.063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1.063.56 11.630.74 1.0 1.512.92 1,344.24 10,567. 111 1.063.56 11,630.74 1.0 1,512.92 1,344.24 10.567,18 1,063.56 11,630.74 1.0 1.512, 92 1.344.24 10, 567.18 1.063.56 11,630.74 1.0 1,512.92 1,344,24 10,567.18 1,063.56 11,63034 1.0 1.512.92 1,344.24 10,567.18 1.063.56 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11, 630.74 Page 12 -5 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 - 071 -24 336 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 071 -25 337 1.0 7,710.02 1.0 1,512.92 1;344.24 10.567.18 1,063.56 11,630.74 045 - 071 -26 338 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 071 -27 339 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 071 -28 340 1.0 7,710,02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 071 -31 341 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 071 -32 342 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9,897.31 045 - 071 -35 343 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 071 -36 344 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 071 -37 345 1.0 7,710.02 1,0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 071 -38 346 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630,74 045-071 -39 347 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -07140 348 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 071 -41 349 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045 -07142 350 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045. 071 -43 351 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045. 071.44 352 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 045- 071 -46 353 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1.063.56 11,630.74 045.07147 354 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1063.56 11630.74 045-071 -50 355 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11630,74 045- 071 -52 356 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045.071.53 357 1.0 7,710.02 1.0 1,512.92 1,344,24 10.567.18 1,063.56 11.630.74 045.071.54 356 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 071 -55 359 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1,063.56 11,630.74 045. 071.56 360 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9.897.31 045. 071.57 361 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045. 071.58 362 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -072 -07 363 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045. 072.09 364 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045- 072.12 365 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 072 -15 366 1.0 7.710.02 1.0 1,512.92 1.344.24 10,567.18 1.063.56 11,630.74 045- 072 -16 367 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045. 072.17 368 1.0 7,710.02 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11,630.74 045- 072 -18 369 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1.063.56 11,630.74 045- 072 -19 370 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -20 371 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,06156 11.630.74 045. 072 -21 372 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -072.22 373 1.0 7,710.02 1.0 1,512.92 1.34414 10,567.18 1,063.56 11,630.74 045-072 -23 374 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567,18 1,063.56 11,630.74 045- 072 -24 375 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045. 072 -25 376 1.0 7,710.02 1.0 1,512,92 1.344.24 10.567.18 1.063.56 11.630.74 045 -072 -26 377 1.0 7,710.02 1.0 1.512.92 1,344.24 10,567.18 1.063.56 11,630.74 045 - 072.26 376 1.0 7,710.02 1.0 7,512.92 1.344.24 70.567.18 1,063.56 11,630.74 045-072.29 379 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045-072 -30 380 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567,18 1,06156 11,630.74 045- 072 -31 381 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -32 382 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630,74 045-072 -33 383 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630,74 045- 072 -34 384 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 072 -35 385 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 072 -36 386 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045-072 -37 387 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -39 388 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 07240 389 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 07241 390 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 - 07242 391 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -07243 392 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -07244 393 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -45 394 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -46 395 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -07247 396 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -50 397 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -51 398 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -52 399 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -53 400 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -54 401 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -55 402 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 Page 12 -6 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -7 Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 072 -56 403 1.0 7,710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 072 -57 404 1.0 7,710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 072 -58 405 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -59 406 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11.630.74 045 - 072 -60 407 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 072 -61 408 1.0 7.710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 072 -62 409 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 073 -07 410 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 073 -08 411 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 045 - 073 -09 412 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -10 413 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -11 414 1.0 7,710.02 1.0 1.512.92 1.344.24 10,567.18 1,063.56 11.630.74 045 - 073 -12 415 1.0 7,710.02 1.0 1,512.92 1,344.24 10567.18 1063.56 11,630.74 045 - 073 -13 416 1.0 7.710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -14 417 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1063.56 11.630.74 045 - 073 -15 418 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045 - 073 -16 419 1.0 7,710.02 1.0 1,512.92 1,344.24 10 567.18 1,063.56 11,630.74 045 - 073-17 420 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -18 421 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -19 422 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073-20 423 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 073 -21 424 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1063.56 11,630.74 045 - 073 -22 425 1.0 7,710.02 1.0 1,512.92 1,344.24 10567.18 1,063.56 11,630.74 045 - 073 -23 426 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 073 -24 427 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 073-25 428 1.0 7.710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -26 429 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 073 -27 430 1.0 7,710.02 1.0 1,512.92 1,344.24 10 567.18 1,063.56 11,630.74 045 - 073 -29 431 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1.063.56 11,630.74 • 045 - 074 -05 432 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9.897.31 045 - 074 -06 433 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1063.56 9,897.31 045 - 074 -07 434 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9,897.31 045 - 074 -08 435 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 074 -09 436 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045 - 074 -10 437 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9,897.31 045 - 074 -11 438 1,0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 074 -12 439 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045 - 074 -13 440 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045- 074 -14 441 1.0 7,710.02 0.0 0.00 1.123.73 8.833.75 1063.56 9,897.31 045 - 074 -15 442 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 074 -16 443 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 074 -17 444 1.0 7.710.02 0.0 0.00 1,123.73 8.833.75 1.063.56 9.897.31 045 - 074 -18 445 1.0 7,710.02 0.0 0.00 1,123.73 8833.75 1,063.56 9,897.31 045 - 074 -20 446 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045 - 075 -07 447 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 075 -08 448 1.0 7,710.02 1.0 1.512.92 1,34424 10,567.18 1,063.56 11.630.74 045- 075 -09 449 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11.630.74 045 - 075 -10 450 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1063.56 11,630.74 045 - 075 -11 451 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 045 - 075 -12 452 1.0 7.710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 075 -13 453 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,06156 11.630.74 045 - 075 -14 454 1.0 7,710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11.630.74 045- 075 -15 455 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 045 - 075 -18 456 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 075 -19 457 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 - 075 -20 458 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11.630.74 045 - 075 -21 459 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11.630.74 045 - 075 -22 460 1.0 7,710.02 1.0 1.512.92 1.344.24 10 567.18 1,063.56 11,630.74 045 - 075 -23 461 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 075 -24 462 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 045 - 075 -25 463 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 045- 075 -26 464 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045 - 075 -27 465 1.0 7.710.02 0.0 0.00 1.12173 8.833.75 1,063.56 9,897.31 045 - 015 -28 045- 075 -29 466 467 1.0 1.0 7,710.02 7.710.02 0.0 0.0 0.00 0.00 1,123.73 1.123.73 8,833.75 8,833.75 1,063.56 1,063.56 9,897.31 9,897.31 045 - 075 -30 468 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9.897.31 045 - 075 -31 469 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9,897.31 Page 12 -7 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 - 075 -32 470 1.0 7,710.02 0.0 0.06 1.123.73 8,833.75 1,063.56 9,897.31 045 - 075 -35 471 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 075 -36 472 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 075 -37 473 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 075 -38 474 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 081 -07 475 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 081 -08 476 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 081 -09 477 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9,897.31 045 - 081 -14 478 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 081 -15 479 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 081 -16 480 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 081 -17 481 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 081 -18 482 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 081 -19 483 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 081 -20 484 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 082-04 485 2.0 15,420.03 0.0 0.00 2.247.46 17,667.49 2,127.11 19,794.60 045 - 082 -05 486 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19,794.60 045 - 082-06 487 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 045- 082 -07 488 2.0 15.420.03 0,0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 045 - 08208 489 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 082.10 490 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 082.11 491 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 082 -13 492 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 082 -16 493 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 082 -17 494 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 083 -01 495 2.0 15.420.03 1.0 1,512.91 2,467.98 19,400.92 2,127.11 21,528.03 045 - 083 -09 496 2.0 15,420.03 1.0 1,512,91 2,467.98 19,400.92 2,127.11 21,528.03 045 - 083 -10 497 2.0 15,420.03 1.0 1,512,91 2,467.98 19,400.92 2,127.11 21,528.03 045 - 083 -11 498 2.0 15,420.03 1.0 1,512.91 2,467.98 19,400.92 2,127.11 21,528.03 045 - 083 -12 499 2.0 15,420.03 1.0 1.512.92 2,467.98 19,400.93 2,127.11 21,528.04 045 - 083 -13 500 2.0 15,420,03 1.0 1,512.92 2,467.98 19,400.93 2,127.11 21,528.04 939 - 720 -01 501 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -02 502 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -03 503 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -04 504 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -05 505 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -06 506 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 045 - 083 -15 507 1.5 11,565.02 1.5 2,269.38 2,016.37 15,850.77 1,59533 17,446.10 045- 084 -01 508 5.3 40,477.55 3.0 4,538.76 6,561.11 51,577.42 5,58169 57,161.11 045 - 084 -03 509 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045 - 084 -04 510 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 1,063.56 11,630.74 045 - 084 -06 511 0.0 0.00 2.0 3,025.84 441.03 3,466.87 0.00 3,466.87 045 - 084 -09 512 3.7 28,295.75 3.7 5,552.41 4,933.37 38,781.53 3,903.25 42,684.78 045 - 084 -10 513 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045- 111 -15 514 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 111 -17 515 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 111 -18 516 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045 - 111 -19 517 2.7 20,354.44 0.0 0.00 2,966.65 23,321.10 2,839.71 26,160.81 045 - 111 -20 518 4.2 32.150.76 0.0 0.00 4,685.97 36,836.73 4,435.03 41,271.76 045- 112 -01 519 3.0 23,130.04 0.0 0.00 3,371.21 26,501.25 3,190.67 29,691.92 045- 112 -08 520 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 112 -09 521 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 112 -10 522 5.5 42,405.08 0.0 0.00 6,180.53 48,585.61 5,849.56 54,43517 045 - 112 -11 523 2.5 19,275.04 0.0 0.00 2,809.33 22,084.37 2,658.89 24,743.26 045 - 113 -01 524 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 113 -02 525 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045 - 113 -03 526 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 114 -08 527 0.5 3,855.01 0.0 0.00 561.87 4,416.88 531.78 4,948.66 045 - 114 -09 528 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 114 -13 529 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19,794.60 045 - 114 -15 530 5.3 40,477.55 0.0 0.00 5,899.59 46,377.14 5,583.89 51,960.83 045 - 114 -16 531 7.0 53,970.10 0.0 0.00 7,866.13 61,836.23 7,444.89 69,281.12 045- 115 -01 532 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 115 -08 533 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 045 - 115 -10 534 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114- 661 -01 535 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -02 536 010 0.00 0.0 0.00 0.00 0.00 0.00 0.00 Page 12 -8 • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1 st ITCC Confirmed Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 114- 661 -03 537 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114- 661 -04 538 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114- 661 -05 539 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -06 540 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -07 541 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114- 662 -01 542 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 - 431 -03 543 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 - 431 -04 544 5.5 42,405.08 5.5 8,321.06 7,393.32 58,119.46 5,849.56 63.969.02 424 - 432 -01 545 2.0 15,420.03 1.0 1,512.92 2,467.97 19.400.92 2,127.11 21,528.03 424 - 432 -02 546 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 432 -03 547 0.5 3,855.01 0.0 0.00 561.87 4.416.88 531.78 4,948.66 424 - 432 -05 548 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 - 432 -06 549 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 - 432 -07 550 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 - 432 -08 551 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 432 -09 552 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 - 432 -10 553 0.5 3,855.01 0.0 0.00 561.87 4,416.88 531.78 4,948.66 424 - 433 -01 554 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 - 433 -02 555 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 - 433 -03 556 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19.794.60 424 - 433 -04 557 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 433 -05 558 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 433 -08 559 2.0 15,420.03 0.0 0.00 2,247.46 17,667A9 2,127.11 19,794.60 424 - 433 -09 560 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 433 -11 561 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424- 433 -12 562 0.8 5.782.51 0.0 0.00 842.80 6,625.31 797.67 7,422.98 424 - 433 -13 563 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 - 434 -01 564 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -02 • 565 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -03 566 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -07 567 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -08 568 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -09 569 2.0 15.420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 - 434 -10 570 5.0 38,550.07 0.0 0.00 5,618.66 44,168.73 5,317.78 49,486.51 045 - 010 -19 571 0.0 S 9Q 9-00 0.00 000 0100 4.0.0 TOTAL 602.26 $4,643,201.94 379.67 $574,410.00 $760,465.40 $5,978,077.37 $640,536.99 $6,618,614.36 Page 12 -9 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, 1 together with the Assessment and Assessment Diagram thereto attached was filed with me on this tt � day oft, 2004. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received preliminary approval try the City Council of the City of Newport Beach, California on this ICS day of Urw 12004 Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of 12004. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached was recorded in my office on the day of 2004. Superintendent of Streets City of Newport Beach, California MuniFinancial Page 13 City of Newport Beach • 0 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • Section IV MAXIMUM ANNUAL ADMINISTRATIVE COST E In addition to or as a part of the assessment lien levied against each parcel of land within the Improvement District, an annual administrative assessment shall be levied on each parcel of land and subdivision of land within the Assessment District to pay for necessary costs and expenses incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, or both from the administration or registration of any bonds and reserve or other related funds. The annual administrative assessment is authorized pursuant to the provisions of §10204(f) of the Streets & Highways Code. The annual administrative assessment shall not exceed $$50.00 per individual assessment parcel and will be collected in the same manner and in the same installments as the assessment levied to pay the cost for the Works of Improvement. This annual administrative assessment is subject to an annual increase, based upon increases in the Consumer Price Index (CPI) during the preceding year ending January, for all Urban Consumers in the Los Angeles - Riverside - Orange County areas. The exact amount of the administrative assessment shall be established each year by the Superintendent of Streets MuniFinancial Page 14 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CITY OF NEWPORT BEACH Section V ASSESSMENT DIAGRAM & BOUNDARY MAP Pursuant to the Act, a Diagram showing the Assessment District, the boundaries, and the dimensions of the subdivisions of land within the Assessment District as they existed at the time of the passage of the Resolution of Intention is filed with and made a part of this Report and part of the assessment. Each of the subdivisions of land, parcels, or lots will be given a separate number on the Assessment Diagram, which corresponds with the assessment number shown on the Assessment Roll (Exhibit C). The Assessment Diagram and Boundary Map in a reduced -scale format follows. MuniFinancial Page 15 City of Newport Beach 0 0 r1 � � ZO \, 10 L �2 7 {� ! \] � ƒ \ r � �.r \ U�\ . / )§ § .:3 ! 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O O 1S NMOO a s Co U x co s P N �m •N � g UGH 9 �Q^Q o _ m CCay w n G�i � O N W O N W N 000000000000 '1S ON003S - l,1XIS O ��X�\\n \may Inlnlnkidnlnl( vOR�J- I„ vvvvvv� �A � R Ow O OO O o00000� O '1S 8V430 �1oOw x O Moo O ad F co �0 0 0 �Rw ; Z O O OR OOO O W O W L.L 0 x Z, 4 r < U L Z 0 Q�r O O � N 1S H109 o 2 O O 0 FO H Z Ln 3 0 0 N w w 0 g N z 0 0 £ o N :2 z O WN N N W I z Q N 2: N Q 1 o wary 000000000000 '1S ON003S - l,1XIS O ��X�\\n \may Inlnlnkidnlnl( vOR�J- I„ vvvvvv� �A � R Ow O OO O o00000� O '1S 8V430 �1oOw x O Moo O ad F co �0 0 0 �Rw ; Z O O OR OOO O W 0000000000 L.L 0 x Z, OOO r < U L OOOO 0 Q�r O O � N 1S H109 o o O O 0 O Z Ln 3 0 0 0 0 w 0 0 0 0 0 £ o N :2 z O WN N N W Q N N Q 1 o 000000000000 '1S ON003S - l,1XIS O ��X�\\n \may Inlnlnkidnlnl( vOR�J- I„ vvvvvv� �A � R Ow O OO O o00000� O '1S 8V430 �1oOw x O Moo O ad F co �0 0 0 �Rw ; Z O O OR OOO O R 0000000000 OOO OO OOOO O O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 £ o o r' 0 J Q O U ;•.Qo �o U Q W Q wc�z mza Fao � 4 0OJ 4 U O 2F0 Oj� T 0 < 1-UN V i ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section VI GENERAL DESCRIPTION OF ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) §10100 of the Act provides for the legislative body of any municipality to finance certain capital facilities and services within or along its streets or any public way or easement. The proposed improvements, allowed under the Act and subject of this report, will be constructed in the area referred to as Assessment District No. 68 (Newport Shores) and are briefly described as follows: The Assessment District generally includes properties that are referred to as the Assessment DistrictNo. 68 (Newport Shores) area. This area is located in the western portion of the City and generally includes those properties along Canal Street; 62nd Street; 6111 Street; Newport Shores Drive; Grant Street; Fern Street; Orange Street; Colton Street; Lugonia Street; Walnut Street; Cedar Street; Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The Assessment District is comprised primarily of residential and commercial properties with a publicly owned park situated on three parcels within the District boundaries. Residential properties include single - family units (457 parcels) and multi- family units (77 parcels). There are 33 commercial parcels within the District and three (3) City owned park parcels. Acreage ascribed to the commercial properties is negligible. DESCRIPTION OF WORK The following is a description of the planned improvements for the entire Assessment District. A. UNDERGROUNDING OF OVERHEAD UTILITY LINES Undergrounding of overhead utility lines in Assessment District No. 68 (Newport Shores) includes demolition of existing hardscape, trenching, installing new utility vaults needed to receive the conduits and transformers, laying the conduit lines into the trenches, backfEng and compacting the trenches per code, re- paving the street, switching service to the underground system, removing the existing overhead poles and wires and completion of any ancillary improvements. Improvements will be designed by the Southern California Edison Company, SBC Communications and Adelphia Cable. The City of Newport Beach will be responsible for the street repair work associated with the undergrounding and inspect all work to insure conformance to applicable city standards and specifications. In order to install the underground utility system, the streets and alleyways will need to be saw cut and refurbished. The Assessment District will refurbish the roadways throughout the Assessment District. The existing alleyways are very old and it is not possible to saw cut any uniform trench width for the installation of the underground system house laterals. Since it is not possible to patch the existing alleyways, the Assessment District will reconstruct them to City standards. Once completed, the underground facilities will become the property and responsibility of Southern California Edison, SBC Communications and Adelphia Cable. MuniFinancial Page 16 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) As conversion of individual service connections on private property is not included in the work being completed by the Assessment District, property owners within the Assessment District will be responsible for arranging and paying for required work on his or her property to connect facilities constructed by the public utilities in the public right -of -way to the point of connection on their private property. It is estimated that the undergrounding project will be completed eight (8) months after the bond sale. Property owners are required to provide permitted and approved underground connections no more than 10 months after the completion of the undergrounding project. Failure to convert individual service connections on private property may lead to a recommendation to the City Council that the public utilities be directed to discontinue service to said property. Overhead facilities cannot be removed until all overhead service has been discontinued. 0 9 MuniFinancial Page 17 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) 0 RIGHTS -OF -WAY CERTIFICATE CITY OF NEWPORT BEACH COUNTY OF ORANGE STATE OF CALIFORNIA The undersigned, under penalty of perjury, CERTIFIES as follows: That at all time herein mentioned, the undersigned was, and now is, the authorized representative of the duly appointed SUPERINTENDENT OF STREETS for the City of Newport Beach, California. That there have now been instituted proceedings under the provisions ofArticleX111D of the California Constitution, and the "Municipal Improvement Act of 1913," being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain public improvements in a special assessment district know and designated as Assessment District No. 68 (Newport Shores). THE UNDERSIGNED STATES AND CERTIFIES AS FOLLOWS: It is acknowledged that the proposed Works of Improvement must be located within public rights -of- way, land, or easements owned by or licensed to the City of Newport Beach, County of Orange, State of California, at the time of the construction of the Works of Improvements, and the undersigned hereby further certifies that all rights -of -Way necessary for the Works of Improvements will be obtained and in the possession of the City, County or State prior to construction by the City of Newport Beach. EXECUTED this day of 110r— 2004, at the City of Newport Beach. MuniFinancial Page 18 K 5 erintendent of Street ,ty of Newport Beach State of California City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CERTIFICATE OF COMPLETION OF ENVIRONMENTAL PROCEEDINGS CITY OF NEWPORT BEACH COUNTY OF ORANGE STATE OF CALIFORNIA The undersigned, under penalty of perjury, CERTIFIES as follows: 1. The improvements to be constructed under the proceedings in Assessment District No. 68 (Newport Shores) are categorically exempt from the provisions of the California Environmental Quality Act (CEQA) under the provisions of Paragraph 15302, Class 2 (d) of "Guidelines For Implementation of the California Environmental Quality Act ", as adopted by the Secretary for Resources of the State of California, June 1992. 2. The undergrounding to be done under Assessment District No. 68 (Newport Shores) is categorically exempt from the requirement for the preparation of environmental documents under the California Environmental Quality Act guidelines because the Secretary for Resources has found that conversion of overhead electric utility distribution system facilities to underground locations where the surface is restored to the condition prior to the undergrounding, does not have a significant effect on the environment, and are declared to be categorically exempt. 3. A Notice of Exemption has been filed in the office of the County Clerk of Orange County, California. A copy of the Notice of Exemption marked "Exhibit J - 2" is attached to this Report and is hereby made a part of this Report. 4. All environmental evaluation proceedings necessary for the formation of Assessment District No. 68 (Newport Shores) pursuant to the provisions of the "Municipal Improvement Act of 1913" being Division 12 of the Streets & Highways Code of the State of California have been completed to my satisfaction, and no further environmental proceedings are necessary. T�f Executed this day of —, 200 -4, at Newport Beach, California. 6f Newport Beach, California MuniFinancial Page 19 City of Newport Beach P 0 0 May 21, 2004 Sales Invoice Name: Assessment District #68 Project Location: Newport Shores - PCH to Canal Dr., 60th St. to Highland St. Newport Beach, CA 92663 Please mail payrnenttc: Southern California Edison Ccmpany Attn: William Beckham 7333 Bolsa Ave. Huntington Beach, CA 92683 Project Description: Pe* RLle 20B - Convert existing overhead elsctrlc distribution system io underground. All prices are applicable for a period of 270 days from this date and are subject to change thereafter. • Non - refundable Billing: Structures $ 2,111,866.00 Underground Cabling & Ecuipment $ 363,770.00 ,,,, , . Total S 2,475,626.00 Less Customer Advance $ (60,000m Please Pay This Amount 5 2,415,636.00 Exempted ITCC (Indemnihcaiion Letter Required From Customer) $ 544,639.92 N cT I N O 0 .-3 e7 0 N .P _J -rJ b 0 0 .A Order# LE(19)1602Q 3939 E. Coronado St. Anaheim, Ca. 92807 -1687 APPLICATION and LETTER OF AGENCY FOR CUSTOM WORK July 16, 2004 Order Number: LE(19)1602Q Customer Billing Telephone Number: 949- 644 -3347 BILL TO: City of Newport Beach Department of Public Works Attn: Mr. Patrick Arciniega 3300 Newport Blvd., Newport Beach, Ca. 92658 -8915 DESCRIPTION OF CUSTOM WORK: This is in response to the City of Newport Beach's request to convert all aerial facilities within Underground District No. 68 to underground. The assessment district is comprised of the area known as Newport Shores. CHARGE FOR CUSTOM WORK: CONTRACT PRICE: $1,554,361.00 Applicant requests that SBC act as its agent in performing the above - described custom work on Applicant's behalf. Applicant agrees to pay the charge(s) indicated above for such work. The charge(s) will be computed in accordance with SBC's ordinary accounting practices underthe Uniform System of Accounts for Class A telephone companies and will include allocated costs for labor, engineering, materials, transportation, motor vehicles, tool and supply expenses and sundry billings from sub - contractors and suppliers for work and materials related to the job. Applicant agrees to make an advance payment of $1,524,361.00 prior to commencement of the work. This amount is less the deposit of $30,000.00 received on April 11, 2002. Applicant agrees to pay the contract price as stated above plus any applicable taxes when the work is completed. If the applicant cancels the work priorto completion, Applicant agrees to pay SEC for the costs it has incurred in starting performance under the contract and before being notified to cease only. The price is guaranteed until December 31, 2004. If the charges are not accepted by December 31, 2004 the order will be cancelled and a new order will need to be placed. The second estimate may be higher than the price that was originally quoted. ACCEPTED FOR CUSTOMER: Authorized Signature Company ACCEPTED FOR SBC: J), TR . Mgf, Engineering Date— ICv—C) 1 • sxs= r m -lN, O • m z 0 pO O O K m m 2 �l nm m D 0 0 p O O . y o m m z cR +Nr sr m N D m ED +x g 10l m o < e o o Z m e of p m of < m p o r D w p m 8 'a , M a O r[ox si1KCl a'ea m V - f p Y sfi 41 L . •1 1 r L y ORANGE s1REET t ' � • STREET f� y S k g 8- x $ _ - Y . C S e COETON STREET MA-1k Ak-� _ e 5 Y K K Y Y k Y- ° 6 v "- Vae, •,e oaf^ Ov�EE8 •sue• •e�ae '! LL lA st LUMNU STREET N •e V E Y 8 8 e -- � y 5 Y k L a 5 Y Y 0� k 8 �= X� g i b~ 'q° • o V •� °'° b• I I W a y 4• —J STREET 'b ° 1 wµNOT e e w L I �'• °•• •�Y y g s "� V • . V - } CEDAR ST CEDAR STREET Sb4 4 �e m ow 2J• V Z VY PROSPECT STREET '6 ° > 9ff ..i (n T� n t 0 T �JJ aN1 r T� N O 4STREET y . 62ND € YZ ° y--lo C, Ill m /n VI � \ 0 m ~STREET ` n 'D 61ST D F+ m p m o � k + 6 U, a o 'D m • V +St q m 60,$ n x H m City of Newport Beach BUDGET AMENDMENT 2004 -05 EFFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates X Increase Expenditure Appropriations Transfer Budget Appropriations SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: NO. BA- OSBA -003 AMOUNT: $ss7s,on.00 X Increase in Budgetary Fund Balance • AND Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations for proposed Assessment District #68 - Newport Shores. ACCOUNTING ENTRY: Amount BUDGETARY FUND BALANCE Debit Credit Fund Account Description 4068 3605 AD 68 Fund Balance $94,540.00 830 1000 AD 68 Bond Reserves $429,800 REVENUE ESTIMATES (3601) FundlDivision Account Description 4068 6960 AD 68 Contributions $5,548,277.00 830 26668 AD 68 Bond Reserve Proceeds $429,800.00 EXPENDITURE APPROPRIATIONS (3603) Description Division Number 74068 AD 68 - Newport Shores Account Number Various See Attached District Recap $5,453,737.00 Division Number Account Number Division Number Account Number Division Number Account Number ' Aulomatic System Entry. Signed: / 12 bas'nciai,Approvai: Administra'veSe irXctor Date Signed: Administrative Ap oval: City Manager D Signed: • City Council Approval: City Clerk Date • CITY OF NEWPORT BEACH COUNCIL AGE ,N A CITY COUNCIL STAFF REPORT NQ 2 Z Agenda Item No. June 8, 2004 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Public Works Department Patrick Arciniega 949 - 644 -3311 parcineiga @city.newport- beach. ca. us SUBJECT: PROPOSED ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) FOR UNDERGROUNDING UTILITIES AND DESIGNATION AS AN UNDERGROUND UTILITIES DISTRICT RECOMMENDATIONS: 1. Adopt the following Resolutions for Proposed Assessment District No. 68: a. Resolution No. 2004- _ making finding on a petition for, adopting a map • showing the proposed boundaries of, and making appointments for proposed Assessment District No. 68. b. Resolution No. 2004- declaring intention to order the construction of certain improvements in proposed Assessment District No. 68; declaring the improvements to be of special benefit; describing the district to be assessed to pay the costs and expenses thereof; providing for the issuance of bonds; and designating the area an underground utilities district. c. Resolution No. 2004- giving preliminary approval to the report of the assessment engineer, setting the time and place for a public hearing as July 27, 2004; and ordering the intention of assessment ballot procedure for Assessment District No. 68. 2. Approve the Bond Counsel Agreement with Robert Hessell. HISTORY: The Public Works Department originally hired Willdan to provide Assessment Engineering services for this District in January 1999 for a not to exceed fee of $26,500.00. During the design of this District the original PSA expired and a new PSA was negotiated between the City and MuniFinancial /Willdan for the same fee. Due to the large size of this District (500+ parcels) staff requested additional services for coordination of the District during the homeowner conversion phase after the District • has been formed. This additional portion of the contract was negotiated for an amount of $9,525.00. The scope of this work will include: conducting monthly meetings with SUBJECT: Proposed Assessment District No. 68 (Newport Shores) for Undergrounding Utilities June 8, 2004 Page 2 City staff to provide updates on the progression of electrical permits to convert • underground utility service connections; database collection to keep records of the percentage of property that has been converted; mailing of letters to property owners; and field work/site investigation and coordination with the utility companies, Public Works, Bldg. Dept., City Attorney's Office, and the community to ensure the conversion phase proceeds in a timely manner. DISCUSSION Assessment District No. 68 is being proposed for the conversion of existing overhead utilities to underground locations. The property owners within the boundary of the proposed Assessment District will bear the cost of the improvements and their associated proceedings. The procedure being used to create the Assessment District is outlined in the Municipal Improvement Act of 1913. Bonds issued under the Improvement Bond Act of 1915, with a term of 15 years, will be issued to finance assessments that are not paid in cash within 30 days after confirmation of the assessment. The total assessment for Proposed Assessment District No. 68 is estimated as follows: ITEM ESTIMATED COST Estimated Cost of Construction $5,415,068.05 Estimated Incidental Costs and Expenses $283,483.33 Estimated Financing (Bond) Costs $506,448.62 Federal Income Tax Component of Contribution (ITCC) $660,000.00 • Estimated Total Cost: $6,865,000.00 The estimate includes the Federal Income Tax Component of Contribution (ITCC) Tax, which is a betterment tax. However, bonds will not be sold for the ITCC Tax since underground utility districts are undertaken at the request of the community for purposes of community aesthetics and public safety, and not for the benefit of particular customers of the utility in their capacity as customer of the utility. This underground district is not required as a condition for obtaining any electrical service. In the event the Internal Revenue Service (IRS), State, City and /or local government taxing authority determines that this project is taxable, Southern California Edison (SCE) will require the City to reimburse the full amount of the determined tax liability, plus interest, penalties, fees, and related costs. In that case the City may need to sell a second issue of the bonds, if necessary, to pay SCE within 60 days after they notify the City of Newport Beach. The estimated ITCC tax amount including finance costs is $660,000.00. The City Attorney's Office has reviewed SCE's request to have the preceding statement included in the Assessment District Report. It was determined that the City would not incur any tax liability. In an effort to reduce costs and minimize disruptions in the area, City staff is planning • on concurrent projects to repave streets and alleys within Newport Shores. The City's SUBJECT: Proposed Assessment District No. 68 (Newport Shores) for Undergrounding Utilities June 8, 2004 Page 3 • pavement management plan calls for the repaving of Newport Shores within the next fiscal year. Since the City will be moving forward with the repaving project after the undergrounding, the assessment district work will require a less stringent paving component for trench resurfacing that will save the assessment district money. The alleys within Newport Shores are also in need of repaving. Since the assessment district work will be trenching through a good portion of each alley, it would be a savings to both the assessment district and the City to repave the entire alley at this time. The City and the assessment district will equally share the cost of the new alleys. An additional benefit of the alley work is that the City will be able to redesign each alley to improve drainage. The street paving and alley projects are proposed within the FY 2004/05 budget. • • In addition to the assessment, property owners will be responsible for converting their service connection to receive underground service. These private property costs can vary greatly depending on the condition and location of their current electrical service. Property owners are encouraged to contact licensed electrical contractors to determine their individual needs. The Bond Reserve will be 7 percent for the subject district. Property owners who pay assessments in cash will receive a discount, which represents the financial cost of issuing and servicing bonds. The following is a tentative schedule for proposed Assessment District No. 68: • Resolution of Intention • Property Owner Information Meeting 1 • Property Owner Information Meeting 2 • Public Hearing • Public Utilities Commence Work • City Notifies Property Owners to Install Service Connections • Property Owners Complete Conversions • Public Utilities Begin to Remove Overhead Structures • Public Utilities Finish Removing Poles and Overhead Structures June 8, 2004 July 13, 2004 (tentative) July 14, 2004 (tentative) July 27, 2004 September 13, 2004 July 2005 May 2006 November 2006 January 2007 The assessment methodology for this District is comprised of two basic components used to quantify the specific benefit each parcel receives. These components are made up by a combination of Equivalent Benefit Units (EBU's) based on lot zoning and construction of a new underground utility service (SCE and SBC) drops, and alley repavement construction. The lots in the Specific Plan Area, particularly those just north of Coast Highway, were assigned EBU's based on their front footage of overhead utilities divided by a 'standard' sized R -1 lot of 30', when they did not fall into the zoning, underground utility combination previously mentioned, or did not have existing underground utility connections. SUBJECT: Proposed Assessment District No. 68 (Newport Shores) for Undergrounding Utilities June 8, 2004 Page 4 The majority of the lots in this District are zoned R -1 and therefore will receive one EBU • for a new underground utility service connection. The lots that have alley access are assigned an additional assessment to account for the alley repavement needed as a result of trenching in the alley. Lastly these lots are assigned a portion of the Incidental Cost on a prorated basis, based on the parcels share of the total construction cost. Lots that are zoned R -2 are assigned two EBU's for utility service and those lots that are adjacent to alleys will also receive an additional assessment for alley repavement. Specific Plan Area lots particularly those just north of Coast Highway that did not have existing underground utility service and were not R -1 or R -2 lots were evaluated based on their lot utility front footage divided by an equivalent R -1 sized lot front footage (30' typical). This calculation yields an equivalent number of EBU's for the utility component of the assessment. Those properties that are adjacent to alleys also pay the same equivalent number of EBU's for alley reconstruction cost. The City has 3 park parcels that do not currently have any electrical, phone, or cable services and will not receive any after construction of this project. Therefore no assessments were assigned to these three lots. The estimated assessment with the ITCC tax component ranges from $1,540.84 to $143,604.05 with the average assessment being $12,022.77. The estimated assessment without the ITCC tax componenet ranges from $1,540.84 to $130,300.06 with the average assessment being $10,866.90. Plans and specifications were prepared by SCE, SBC and Adelphia Communications. Attached is a sketch showing the boundary of the proposed Assessment District and the utilities to be undergrounded. Environmental Review: A Notice of Exemption was completed May 28, 2004 and filed with the County Recorder on May 28, 2004. Prepared by: Submitted by: Aan�4t—�4 �- � Patrick L. Arciniega Associate Engineer IG{IT-R2T i - i10 8fephen G. Badum Public Works Director 1. Exhibit Showing District Boundaries 2. Resolution Finding On Petition 3. Resolution Of Intention 4. Resolution Passing On Report Of Assessment Engineer, Setting Public Hearing, and Ordering Initiation Of Assessment Ballot Procedures 5. Bond Counsel Agreement 6. Engineer's Report • CI • J Q U W a rn --U) ° —W m co a O 0 ''^^ a VJ M00 � I-- O WZ W Q U) Z W ow Z m¢ • j • ley Jo i I' MRS leis 133tl6 U1033 T"MIRM "11-1 R x A q _ I k l a A x R s ^133 s ^M0 IA i ^133N s Y�nl NO MD 11 N- 1 -1ar1 s 133ws ss m R 0 i k ' ss ulaa w � 0 .aa � O p w a w � x � p w l7 v1 n � o 3 � q a � � o 9 � � _ _ � m z � p o w w w m � w w � w w ¢ d d O U C7 J 11 N- 1 -1ar1 s 133ws ss .1 Ls -W0 Q f Ikk 4 �Nnry H O V m R i k ' ss ulaa w � 0 .aa � p w a x � S s 9 v1 n � o 3 � q � o 9 � Is19 _ _ � .1 Ls -W0 Q f Ikk 4 �Nnry H O V wIm S s 9 � r _ _ A RESOLUTION NO. 2004 - • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH MAKING FINDING ON A PETITION FOR, ADOPTING A MAP SHOWING THE PROPOSED BOUNDARIES OF, AND MAKING APPOINTMENTS FOR PROPOSED ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) 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. 68 (Newport Shores) (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'); and WHEREAS, the Development Engineer of the City of Newport Beach has certified to this legislative body that the Petition has been signed by owners owning more than fifty percent (50 %) in area of all assessable property within the boundaries of the proposed Assessment District, and WHEREAS, this legislative body has been presented and 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 copy thereof is 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 or 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 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 necessary forthe Assessment District proceedings. SECTION 7. The firm of MuniFinancial is hereby appointed the Assessment Engineer forthe Assessment District proceedings and the contract for services submitted is hereby approved. 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. The firm of Stradling Yocca Carlson & Rauth is hereby appointed the Disclosure Counsel for the Assessment District proceedings and the contract for services submitted is hereby approved. SECTION 10. 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 11. This legislative body hereby authorizes the establishment of a special 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. Any funds transferred into the special improvement fund (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. • 2 PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of • the City of Newport Beach, held on the 8th day of June, 2004, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 3 Mayor E • • RESOLUTION NO. 2004- RESOLUTION DECLARING INTENTION TO ORDER THE CONSTRUCTION OF CERTAIN IMPROVEMENTS IN PROPOSED ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES), DECLARING THE IMPROVEMENTS TO BE OF SPECIAL BENEFIT, DESCRIBING THE DISTRICT TO BE ASSESSED TO PAY THE COSTS AND EXPENSES THEREOF, PROVIDING FOR THE ISSUANCE OF BONDS, AND TO DESIGNATE THE AREA AN UNDERGROND UTITLITES DISTRICT WHEREAS, this legislative body has instituted proceedings for the formation of a special assessment district designated as Assessment District No. 68 (Newport Shores) (hereinafter referred to as the "Assessment District') to provide forthe conversion of certain overhead electrical and communication facilities to underground locations, together with appurtenances and appurtenant work in connection therewith, pursuant to the terms and provisions of 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 further desires to ascertain whether area comprising the Assessment District should be designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach (the „City„). • WHEREAS, the conversion of the overhead electrical and communication facilities to underground locations, togetherwith appurtenances and appurtenant work in connection therewith, is to be done to further public safety and welfare and to improve aesthetics within the area of the Assessment District; WHEREAS, this legislative body has been presented and has received a map (the "Map ") showing and describing the boundary of the area proposed to be assessed in the Assessment District; WHEREAS, the assessment proceedings forthe Assessment District were initiated by owners of the real property; NOW THEREFORE, Be it Determined, Resolved, and Ordered by the City Council of the City as follows: DECLARATION OF INTENTION SECTION 1. The public interest and convenience require, and it is the intention of this legislative body to order, pursuant to the Act, the construction of the public improvements hereinafter described in and forthe Assessment District, to assess the cost thereof against the real property specially benefited thereby, and to designate the area an underground utilities district. • DESCRIPTION OF IMPROVEMENTS SECTION 2. The public improvements to be constructed and the manner of the • construction are generally described as follows: A. The improvements generally consist of the conversion of existing overhead electrical and communication facilities to underground locations within the area shown on the Map, togetherwith appurtenances and appurtenant work thereto, all to serve and specially benefit the properties within Assessment District No. 68 (Newport Shores). B. All rights -of -way and easements required for the improvements shall be shown upon the plans to be made a part of the Assessment Engineer's Report (described below) and to be filed with these proceedings. C. All of the improvements to be constructed are to be installed at the places and in the particular locations, and to the sizes, dimensions and materials, and to the lines, grades and elevations, as shown and delineated upon the plans, profiles and specifications all to be made a part of the Assessment Engineer's Report. D. 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 Assessment Engineer's Report shall be controlling as to the correct and detailed description thereof. • DESCRIPTION OF ASSESSMENT DISTRICT SECTION 2. The improvements are of special benefit to the real property within the Assessment District, and this legislative body hereby makes the expenses of the construction of such improvements chargeable upon the Assessment District, which is described as follows: All real property and other territory in the proposed Assessment District included within the exterior boundary lines shown on the Map described above, which Map, entitled "Proposed Boundaries Assessment District No. 68 (Newport Shores)," was previously approved by this legislative body, exhibits the property specially benefited and proposed to be assessed to pay the costs and expenses of the construction of the work and improvements, and is on file with the transcript of these proceedings. For all particulars as to the boundaries of the Assessment District, reference is hereby made to the boundary Map. • 2 • REPORT OF THE ASSESSMENT ENGINEER SECTION 3. The proposed improvements are hereby referred to MuniFinancial (the "Assessment Engineer'), who is hereby directed to make and file a report as required by the Improvement Act, The Special Assessment Investigation, Limitation, and Majority Protest Act of 1931, Article XIIID of the Constitution of the State of California, and the Omnibus Proposition 218 Implementation Act (Government Code Section 53750), such report (the "Assessment Engineer's Report") shall be in writing and contain the following: A. Plans and specifications of the improvements proposed to be constructed; B. An estimate of the cost of the construction of the improvements proposed to be constructed, including the cost of the incidental expenses, in connection therewith; C. A diagram showing the Assessment District, which shall also show the boundaries and dimensions of the respective real property and otherterritory within such Assessment District, as the same existed at the time of the passage of this Resolution of Intention, each of which subdivisions shall be given a separate number upon such diagram; D. The proposed assessment of the assessable costs and expenses of the construction of the proposed improvements upon the real property in the • Assessment District in proportion to the estimated special benefits to be received by the real property, respectively, from such improvements. Such assessment shall refer to such real property upon such diagram by the respective numbers thereof; E. The description of the improvements proposed to be constructed underthese proceedings. When any portion or percentage of the assessable costs and expenses of the construction 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 such construction, and such assessment shall include only the remainder of the estimated costs and expenses. The assessment shall refer to the subdivisions by their respective numbers as assigned pursuant to subparagraph D above. 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 Improvement Bond Act of 1915 (Streets and Highways Code Section 8500, et seq.), which bonds shall be issued for a term not to exceed the legal maximum term as authorized by law, namely, 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 the Act, providing an alternative procedure for the advance payment of assessments and the calling of bonds shall apply. 193 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 Improvement Act and specifically Streets and Highways Code Section 10603, the Treasurer is hereby designated as the officerto collect and receive the assessments during the cash collection period. CONSTRUCTION SECTION 5. Except as may otherwise be provided for in the issuance of the bonds described above, all of the improvements shall be constructed pursuantto the provisions of the Act. SURPLUS FUNDS SECTION 6. 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: 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 assessment; C. For the maintenance of the improvements; or D. To call bonds. IMPROVEMENT FUND SECTION 7. The legislative body hereby establishes a special improvement fund identified and designated by the name of this Assessment District, and into such Fund monies may be transferred at any time to expedite the construction of the authorized improvements, 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. CJ U • PROCEEDINGS INQUIRIES SECTION 8. For any and all information relating to these proceedings, including information relating to protest procedure, your attention is directed to the person designated below: Patrick Arciniega, Project Engineer City of Newport Beach P.O. Box 1768 Newport Beach, Califomia 92658 (949) 644 -3347 PUBLIC PROPERTY SECTION 9. All public property shall be subject to assessment in these proceedings. RIGHTS -OF -WAY SECTION 10. The public interest, convenience and necessity requires that certain land, rights -of -way or easements be obtained in order to allow the works of improvement as proposed for this Assessment District to be accomplished. The Assessment Engineer's Report, upon adoption, shall provide certification that the land, • rights -of -way or easements have been acquired or will be acquired as part of the construction of the improvements. NO CITY LIABILITY SECTION 11. This legislative body hereby declares the City will not obligate itself to advance available funds from the City treasury to cure any deficiency that may occur in the bond redemption fund for the Assessment District. ANNUAL ADMINISTRATIVE ASSESSMENT SECTION 12. It is hereby declared that this legislative body proposes to levy an annual assessment pursuantto Section 10204 of the Streets and Highways Code of the State of California, such annual assessment to pay costs incurred by the City and not otherwise reimbursed which result from the administration and collection of assessments and from the administration and registration of assessment bonds and the related bond funds. UTILITY IMPROVEMENTS SECTION 13. Pursuant to Section 10110 ofthe Streets and Highways Code of the State of California, it is also the intention of this legislative body with respect to the improvements to be owned managed or controlled by any other public agency, regulated • public utility, or mutual water company, priorto ordering the construction of improvements, to enter into an agreement with each public utility company or public agency, or any 5 combination thereof with respect to the improvements to be owned, controlled or managed • by the utility or agency. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Newport Beach, held on the 8th day of June, 2004, by the following vote: AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk • • • RESOLUTION NO. 2004 - RESOLUTION GIVING PRELIMINARY APPROVAL TO THE REPORT OF THE ASSESSMENT ENGINEER FOR ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) AND AN UNDERGROUND UTILITIES DISTRICT, SETTING A TIME AND PLACE FORA PUBLIC HEARING THEREON, AND ORDERING THE INITIATION OF ASSESSMENT BALLOT PROCEDURES WHEREAS, this legislative body has instituted proceedings for the formation of a special assessment district designated as Assessment District No. 68 (Newport Shores) (hereinafter referred to as the "Assessment District') to provide forthe conversion of certain overhead electrical and communication facilities to underground locations, together with appurtenances and appurtenant work in connection therewith, pursuant to the terms and provisions of the "Municipal Improvement Act of 1913 ", being Division 12 of the Streets and Highways Code of the State of California (the "Act "); WHEREAS, the Assessment District area should be designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach (the "Ordinance "); WHEREAS, a resolution of intention (the "Resolution of Intention") forthe formation • of the Assessment District and the utility conversion was previously adopted by this legislative body; WHEREAS, there has been prepared and filed with this legislative body for its consideration a Report of the Assessment Engineer (the "Report") as provided for in and required by the Resolution of Intention, Sections 10203 and 10204 of the Act, The Special Assessment Investigation, Limitation, and Majority Protest Act of 1931, Article XIIID of the Constitution of the State of California ( "Article XIIID "), and the Proposition 218 Omnibus Implementation Act (commencing with Section 53750 of the Government Code) (the "Implementation Act") (the Act, Article XIIID, and the Implementation Act are referred to herein collectively as the "Assessment Law ") and the Ordinance; NOW, THEREFORE, It is hereby Determined, Resolved, and Ordered as follows: SECTION 1. The above recitals are all true and correct. SECTION 2. The Report is adopted, passed upon, and preliminarily approved, as follows: A. The plans and specifications for the proposed improvements to be constructed, as contained in the Report, are hereby preliminarily approved and adopted; • B. The Assessment Engineer's estimate of the itemized and total costs and expenses of the construction of the improvements and of the incidental expenses in connection therewith contained in the Report, and each of them • are hereby preliminarily approved and adopted; C. The diagram showing the Assessment District referred to and described in the Resolution of Intention, and also the boundaries and dimensions of the respective real property interests within the Assessment District, as the same existed at the time of the passage of said Resolution of Intention, each of which have been given a separate number upon the diagram, as contained in the Report, is hereby preliminarily approved and adopted; D. The proposed assessment upon the several property interests in the Assessment District, in proportion to the estimated special benefits to be received by such property interests, respectively, from the improvements to be constructed, and of the incidental expenses thereof, as contained in the Report, are hereby preliminarily approved and adopted; E. The descriptions of the improvements to be constructed contained in the Report are hereby preliminarily approved. SECTION 3. The Report shall stand as the Assessment Engineer's Report for the purpose of all subsequent proceedings had pursuant to the Resolution of Intention. SECTION 4. NOTICE IS HEREBY given that the City Council of the City Of Newport Beach will hold a public hearing on the assessment district, the proposed • assessments, and the designation of the area as an underground utilities district at its regular meeting place, being the Council Chambers at 3300 Newport Boulevard, Newport Beach, California, on July 27, 2004 at 7:00 p.m. Pursuant to the provisions of the Assessment Law, each record owner of property that is subject to the assessment has the right to submit an assessment ballot in favor of or in opposition to the proposed assessment. Assessment ballots will be mailed to the record owner of each property interest located within the assessment district and subject to a proposed assessment. Each such owner may complete such ballot and thereby indicate their support for or opposition to the proposed assessment. All such ballots must be received by the City Clerk at the following address at or before the time set for the close of the public hearing: City Clerk City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92658 A postmark prior to such date and time will not be sufficient. At the conclusion of the public hearing, the City Council shall cause the assessment ballots timely received to be opened and tabulated. If a majority protest exists, the City • Council shall not impose an assessment within the assessment district. A majority protest 2 • exists if, upon the conclusion of the public hearing, assessment ballots submitted in opposition to the assessments within the assessment district exceed the ballots submitted in favor of such assessments. In tabulating the ballots, the ballots shall be weighted according to the proportional financial obligation of the affected property. SECTION 5. The City Clerk is hereby directed to mail, in the form and manner prescribed in the Assessment Law and at least 45 days prior to the date of the public hearing, notice of the public hearing and the adoption of the Resolution of Intention and of the filing of the Report, together with the assessment ballot materials, to the record owners of all real property proposed to be assessed. SECTION 6. The City Clerk is hereby further directed to file a copy of the proposed boundary map in the Office of the County Recorder within fifteen (15) days of the adoption of this resolution; said boundary map to be filed in the manner and form as set forth in Division 4.5 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 8th day of June, 2004, by the following vote: AYES: NOES: • ABSENT: ABSTAIN: ATTEST: Clerk 3 Mayor BOND COUNSEL AGREEMENT • ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) THIS AGREEMENT is made and entered into as of June 9, 2004, by and between the City of Newport Beach, California, a municipality ( "City "), and Robert E. Hessell, attomey -at -law ( "Counsel "). IT IS HEREBY AGREED by and between Counsel and City as follows: SECTION 1. Obligations of Counsel. Under this agreement, Counsel shall perform legal services for and on behalf of City in connection with the proceedings relating to the formation of an underground utilities assessment district designated Assessment District No. 68 (Newport Shores) (the "AD "), to the establishment of an underground utilities district, and to any related bond or other debt issuance by, or for the benefit of, the AD. 1.1 Time is of the essence in the performance of services under this agreement and the services shall be performed to completion in a diligent and timely manner. SECTION 2. Scope of Services. Legal services to be provided by Counsel shall include: (a) attending negotiation sessions and otherwise assisting City staff in the negotiation with utility companies; (b) preparing all resolutions, notices, agreements, bonds, and other papers and documents required in the proceedings; (c) examining the proceedings related to the formation of the AD (d) appearing at all hearings under the proceedings, and attending any other meeting where attendance is requested by the City; (e) reviewing and examining the map showing the boundaries of the AD; (f) reviewing the method and formula utilized by the Assessment Engineer for the apportionment of the special assessment; (g) reviewing the "Report' of the Assessment Engineer; (h) participating with the City's Financing team to determine the structure of any bond or similar debt issuance; (i) assisting in the review of those sections of the official statement to be disseminated in connection with the issuance of any series of bonds related to authority and • security for the bonds, tax- exemption, legal opinion, litigation, summary of bond indenture, bond purchase agreement or notice of sale and other supporting documentation relating to the offering for sale of any bonds or similar indebtedness; 0) preparing or reviewing any continuing disclosure agreement required under SEC Rule 15c2 -12; (k) consulting with any underwriter, rating agency and credit enhancement provider, and their respective legal counsel, participating in the sale of, or security for, any bonds or similar indebtedness; (1) consulting with any trustee, fiscal agent or paying agent, and their respective legal counsel, participating in the sale of, or security for, any bonds or,similar indebtedness; (m) assisting in any ballot proceedings; (n) subject to the completion of the proceedings to Counsel's satisfaction, issuing an approving legal opinion attesting to the validity of the proceedings and the issuance of bonds or similar indebtedness, which legal opinion will be addressed to the City and will be delivered by Counsel on the date the bonds are exchanged for their purchase price (the "Closing "); (o) providing any necessary supplemental legal opinions as to the applicability of the registration requirements of federal securities laws and other matters related to the issuance ofbonds or similar indebtedness; provided, however, such opinions do not include the rendering of a 10(b)5 opinion regarding any official statement or similar document; (p) providing advice and instruction to the City and its staff in connection with any of the foregoing. SECTION 3. Obligations of City. The City shall A. Furnish to Counsel such maps, records, title searches, filings, reports, certificates and other documents and proceedings, or certified copies thereof, as are necessary or convenient for Counsel to provide Counsel's approving legal opinions. B. Pay Counsel for services rendered pursuant to this agreement as follows: Formation of AD and Debt Issuance. If the AD is Formed and bonds or similar indebtedness are issued by or for the benefit of the AD, Counsel shall be paid a fee • • for all services computed on the principal amount of each series of bonds or similar indebtedness issued as follows: One -half of one percent (0.5 %) of the principal amount up to $5,000,000; plus One - quarter of one percent (0.25 %) of the principal amount from $5,000,001 to $10,000,000; plus One - eighth of one percent (0.125 %) of the principal amount from $10,000,001 to $20,000,000; plus One - sixteenth of one percent (0.0625 %) of theprincipal amount above $20,000,001. Notwithstanding the foregoing, the minimum fee shall be $20,000. The fee for the bonds or similar indebtedness shall be due and payable upon the occurrence of the Closing. 2. If Debt Is Not Issued. In the event that the AD is formed and debt is not issued for any reason, Counsel shall be paid a fee of $5,000 for all services rendered with respect to the formation of the AD. The fee shall be due and payable upon invoice from Counsel, which may be transmitted to the City following a determination that debt will not be issued. 3. Costs and Expenses. In addition to the foregoing, all costs and expenses reasonably incurred in connection with the proceedings to form the AD are to be billed to, and payable by, City. Costs and expenses will be billed at cost, except the expenses stated . below will be billed as follows: Photocopying: $0.10 per page Mileage: IRS Rate - (unless over one -half hour and billed hourly) Facsimile: $0.10 per page (sending only) Computer Research: Cost, plus 10% Transcript Preparation: Not to exceed $90 per transcript Bond Preparation: Not to exceed $300 per series of bonds Costs and expenses incurred in connection with the proceedings to form the AD shall be due and payable at the time the fee for the services is due and payable and shall be payable solely from the proceeds of the first issuance of bonds or similar indebtedness, collections from the Assessment District, or any combination thereof. Expenses incurred in connection with the issuance of bonds or similar indebtedness shall be due and payable at the time of the Closing of the issue for which such expenses were incurred and shall be payable from the proceeds of the issue. SECTION 4. Limitation of Agreement. Counsel's services under this agreement are limited to those expressly set forth in Section 2 above. Among other things, the scope of services does not include: (a) preparing requests for tax rulings from the Internal Revenue Service, or no action letters from the Securities and Exchange Commission; (b) except as described in Section 2 above, assisting in the preparation or review of an official statement or other disclosure document with respect to any series of bonds, or performing an independent investigation to detennine the accuracy, completeness or sufficiency of any such document or rendering advice that the official statement or other disclosure document does not contain any untrue statement • of a material fact or omit to state a material fact necessary to make the statements contained therein, in light of the circumstances under which they were made, not misleading; (c) preparing blue sky or investment surveys with respect to any series of bonds; (d) making an investigation or expressing any view as to the creditworthiness of the bonds; (e) representing the City in Internal Revenue Service examinations or inquiries, • or Securities and Exchange Commission investigations; (f) after Closing of any series of bonds, providing the City continuing advice concerning any actions necessary to assure that interest paid on the bonds will continue to be excludable from gross income for federal income tax purposes. SECTION 5. Additional Services. Upon written request of the City, Counsel will provide legal services related to certain appurtenant legal matters, including, but not limited to, the following: (a) preparation of a preliminary official statement and a fmal official statement; (b) litigation challenging the validity of the proceedings to form the AD, to authorize the levy of special assessments or to issue bonds or similar indebtedness or (ii) the bonds or similar indebtedness; (c) ongoing review and advice regarding the City's compliance with any applicable continuing disclosure agreement; and (d) such other services as the City and Counsel should agree. Counsel, if requested by the City, will prepare a preliminary official statement and a fmal official statement for a fee of $10,000, plus the cost of printing and delivery. Counsel will perform any other services for a fee to be mutually agreed upon before any work is actually performed. SECTION 6. Conflicts. Counsel hereby states that Counsel does not represent clients with adverse interests to the City with respect to any matter within the scope of services to be provided under this agreement. City acknowledges that Counsel represents or has represented many public agencies and, occasionally, underwriters and other entities, and City understands the possibility that during the time of this agreement, one or more of Counsel's present or future clients may have transactions with the City. City also understands the possibility that Counsel may be asked to represent, in an unrelated matter, one or more of the entities involved in the matters contemplated by this agreement. Counsel does not believe that such representation, if it occurs, will adversely affect Counsel's ability to represent the City as provided in this agreement, either because the matters will be sufficiently different from the matters contemplated by this • agreement so as to make the representations not adverse to Counsel's representation of the City or because the potential for such adversity is remote or minor and outweighed by the consideration that it is unlikely that advice given to the other client will be relevant to any aspect of the matters contemplated by this agreement. Execution of this agreement signifies the City's consent to Counsel's representation of others consistent with the circumstances described in this paragraph. Counsel hereby agrees to inform City in advance of any potential representation Counsel plans to undertake on behalf of other parties or entities involved in the matters contemplated by this agreement. [The remainder of this page is intentionally blank.] • SECTION 7. Termination. Either party may terminate this Agreement by giving seven (7) calendar days written notice thereof to the other party. • • IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the day and year first hereinabove written. City of Newport Beach UJI Mayor, for the City of Newport Beach Robert E. IIessell 10 Approved as to form: City Attorney FAUSERSTBW\Shared\Agreements\FY 03- 04 \Hesseli -Bond Counsel AD68.doc (ssr) El PRELIMINARY ENGINEER'S REPORT FOR UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES PREPARED UNDER THE PROVISIONS OF THE MUNICIPAL IMPROVEMENT ACT OF 1913 FOR THE CITY OF NEWPORT BEACH ORANGE COUNTY, CALIFORNIA INTENT MEETING: June 8, 2004 PUBLIC HEARING: July 27, 2004 Prepared by. MuniFinancial May 27, 2004 (Version 2) Corpora to Office 27368 Via Indtsstria Suite 110 Temecula, CA 92590 Tel: (909) 587 -3500 Tel: (800) 755 -MUM (6864) Fax: (909) 587 -3510 Regional Offices Anaheim, CA Industry, CA Lancaster, CA Oakland, CA 'W w tv.InuilLcom Phoenix, AZ San Diego, CA Seattle, WA Washington. DC 0 • C1 J • ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CITY OF NEWPORT BEACH • TABLE OF CONTENTS INTRODUCTION & CERTIFICATIONS ................................................................................... ..............................1 SECTION I -PLANS AND SPECIFICATIONS ........................................................................... ..............................4 SECTION II -COST ESTIMATE .................................................................................................... ..............................5 SECTION III - ASSESSMENT ROLLAND METHOD OF ASSESSMENT SPREAD .......... ..............................7 SECTION IV - MAXIMUM ANNUAL ADMINISTRATIVE COST ..................................... ............................... 14 SECTION V - ASSESSEMFNT DIAGRAM & BOUNDARY MAP ....................................... ............................... 15 SECTION VI - GENERAL DESCRIPTION OF FACILITIES, RIGHT OF WAY & ENVIRONMENT CERTIFICATE.......................................................................................................................... ............................... Muni Financial Page i City of Newport Beach AGENCY: CITY OF NEWPORT BEACH PROJECT: ASSESSMENT DISTRICT No. 68 (NEWPORT SHORES) • TO: CITY COUNCIL SUBJECT: ENGINEER'S REPORT PURSUANT TO THE PROVISIONS OF SECTIONS 2961 AND 10204 OF THE STREETS AND HIGHWAYS CODE INTRODUCTION The purpose of Assessment District No. 68 (Newport Shores) is to provide funds to underground overhead utility lines in the area generally described as Newport Shores, specifically the areas located in the western portion of the City and generally including those properties along Canal Street; 62 ^d Street; 61" Street; Newport Shores Drive; Grant Street; Fern Street; Orange Street; Colton Street; Lugonia Street; Walnut Street; Cedar Street', Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The proposed improvements will improve safety and service reliability, Increase capacity and enhance property aesthetics. These improvements will be constructed in order to conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards. The improvements will provide a special and direct benefit to properties located within the Assessment District. Pursuant to the provision of _Mtirle X111D of the State Constitution, Part 7.5 of the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931 ", being Division 4 of the Streets e Highway • Code of the State of California, and the "Municipal Improvement Act of 1913 ", being Division 12 of said Code, and the Resolution of Intention, adopted by the City Council of the City of Newport Beach, State of California, in connection with the proceedings for Assessment District No. 68 (Newport Shores), I, David L. Hunt, a Registered Professional Engineer and authorized representative of MumFinancial, the duly appointed Engineer of Work, herewith submits the "Report" for Assessment District No. 68 (Newport Shores) consisting of six (6) parts as stated below. Section I This section contains the Plans and Specifications that describe the general nature, location and extent of the proposed construction improvements, and, here referenced, are made a part of this report. Said plans are on file and available for review in the Office of the Superintendent of Streets. Section II This section contains an estimate of the cost of the proposed improvements, including capitalized interest, if any, incidental costs and expenses connected therewith as set forth herein and attached hereto. Section III This section consists of the following: CJ MuniFinancial Page l City of Newport Beach • ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) A. A projected assessment of the total costs and expenses of the proposed improvements upon the several subdivisions of land within the Assessment District No. 68 (Newport Shores), in proportion to the special benefit received by such subdivision from said improvements, which is set forth upon the assessment roll filed herewith and made a part hereof. B. The total amount, as near as may be determined, of the total principal sum of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than that contemplated for the Assessment District No 68 (Newport Shores), which would require an investigation and report under the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931" against the total area proposed to be assessed. C. The total true value, determined from the latest Assessor's roll, of the parcels of land and improvements proposed to be assessed. Section IV This section contains the proposed maximum annual administrative assessment to be levied upon each subdivision or parcel of land within the Assessment District No. 68 (Newport Shores) to pay costs incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, from the administration and registration of any associated bonds and reserve or other related funds, or both. • Section V • This section contains a map showing the boundaries of the Assessment District No. 68 (Newport Shores), and a diagram showing the Assessment District, the boundaries and the dimensions of the subdivisions of land within Assessment District No. 68 (Newport Shores) Section VI This section provides the following information: A. Description of facilities B. Right- of-\Vay Certificate C. Environmental Certificate This report is submitted on this day of David L. Hunt, P.F. (CL 3051 T- Assessment Engineer City of Newport Beach State of California 2004 MuniFinancial Page 2 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received preliminary approval by the City Council of the City of Newport Beach, California on this day of 2004 Clerk of the Cite Council, City of Newport Beach, California I HEREBY CERTIFY that the Engineers Report, together with the Assessment and .Assessment Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of , 2004. 11 Clerk of the City Council, City of Newport Beach, California • Muni Financial page 3 City of Newport Beach 11 • • ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section I Plans and Specifications The Plans and Specifications to construct the utility undergrounding improvements and any ancillary improvements thereof, for Assessment District No. 68 (Newport Shores), are voluminous and will not be bound in this Report, but by this reference are incorporated as if attached to said Report. The utility undergrounding Plans and Specifications are on file and available for review in the office of the Superintendent of Streets for the City of Newport Beach. MuniFinancial Page .a City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section II Cost Estimate The Cost Estimate is located on the next page. MuniFinancial Page 5 City of Newport Beach 11 E • ENGINEERS REPORT CITY OF NEWPORT BEACH • Underground Assessment District No. 68 (Newport Shores) Section II - Cost Estimate TOTAL AMOUNT CONSTRUCTION COSTS Electrical Construction Costs Southern California Edison $2.475.636.00 Street Rehabilitation 765,880.00 Street Rehabilitation Contribution (191.470.00) Contingency (15 %) 457.506.90 Edison Design Engineering 60.000.00 Sub Total $3,567,552.90 Telephone Construction Costs SBC Communications $1,554.361.00 Contingency (15 %) 233.154.15 SBC Communications Design Engineering 6D gQ.00 Sub Total $1,847.515.15 Total Construction Costs $5.415.068.05 INCIDENTAL EXPENSES Assessment Engineering $37.635.00 Disclosure Counsel 23.500.00 City Administration 75.000.00 Construction Inspection 30.000.00 Financial Advisor 30,000.00 Filing Fees 5.000.00 Bond Counsel 35.000.00 Paying Agent 1000.00 Financial Printing. Registration & Servicing 16.000.00 Incidental C9nt1nae_nw NO %) • 28,34&33 Sub Total $283,483.33 Total Construction Costs & Incidental Expenses $5.698.551.38 FINANCING COSTS (1st Bond Issue) Underwriters Discount (1.1 %) $68.255.00 Reserve Fund(Credit Enhancement (7 %) 434.350.00 Eivancina ContingEncv 3,N162 Sub Total $506,448.62 DISTRICT FORMATION AMOUNT TO ASSESSMENT $6,205.000.00 FEDERAL INCOME TAX COMPONENT OF CONTRIBUTION (ITCC) 2nd Bond Issue - Only necessary if Federal Government requires the tax Payment' INCIDENTAL & FINANCING COSTS (2nd Bond Issue) ITCC Portion $544.639.92 Bond Counsel 10.000.00 Disclosure Counsel 25.000.00 Paying Agent 3.000.00 Underwriters Discount (1 J %) 7.260.00 Reserve Fund (7 %) 46.200.00 Capitalized Interest (6.25% for 6 months) 20.625.00 Bond Issuance Contingency 3,275,08 Total $660,000.00 TOTAL FEDERAL TAX, INCIDENTAL AND FINANCING COSTS $660,000.00 • TOTAL AMOUNT TO ASSESSMENT (Both Bond Issues) $6,865.000.00 2nd bond issue for Federal Income Tax Component of Contribution (22 %) and wdl only be issued if the Federal Government requests the payment of the gage 6 AS CONFIRMED ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section III • Assessment Roll and Method of Assessment Spread ASSESSMENT WHEREAS, On the day of 2004, the City Council of the City of Newport Beach, State of California, under the Municipallmprovem entAct of 1913 (the "Act "), being Division 12 of the Streets and Highways Code of the State of California, adopted its Resolution of Intention, Resolution No. 2004-, for the installation and construction of certain public improvements together with appurtenances and appurtenant work in connection therewith, for a Special Assessment District known and designated as ,'assessment District No. 68 (Newport Shores); and WHEREAS, said Resolution of Intention, as required §10204 of the Act, did direct the Engineer of Work to make and file a "Report ", consisting of the following: 1. Plans and Specifications 2. Cost Estimates 3. Assessment Diagram detailing Assessment District No. 68 (Newport Shores) and the subdivisions of I and therein 4. A proposed assessment of costs and expenses of the Works of Improvement levied upon the parcels within Assessment District No. 68 (Newport Shores) boundaries. 5. The proposed maximum annual assessment to be levied upon each subdivision or parcel of Land within Assessment District No. 68 (Newport Shores) to pay costs incurred by the City and not • otherwise reimbursed resulting from the administration and collection of assessments or from administration and registration of any associated bonds and reserve or otherwise related funds. For specifics, reference is made to the Resolution of Intention as previously adopted. NOW, THEREFO RE, I, David L. Hunt, P.E., the authorized representative of MuniFinancial, pursuant tollrticle XTIID of the California Constitution and the "Municipal Improvement Act of 1913 ", do hereby submit the following assessment to cover the portion of the estimated cost of the Improvements and the costs and expenses incidental thereto to be paid by the assessments: Pursuant to the provisions of the Act and the Resolution of Intention I do hereby assess and apportion the Balance to Assessment of the Total Cost of the acquisitions, work and improvements upon the several lots, pieces or parcel or portions of lots or subdivisions of land Liable therefore and specially benefited thereby, and hereinafter numbered to correspond with the numbers upon the attached Assessment Diagram, upon each, severally and respectively, in accordance with the special benefits to be received by such subdivisions, respectively, from the Improvements, and more particularly set forth in the List hereto attached and by reference made a part hereof. 2. Said assessment is made upon the several subdivisions of land within the Assessment District No. 68 (Newport �hores) in proportion to the estimated special benefits to be received by the subdivisions, respectively, from the improvement:. As required by the fact, on Assessment Diagram is hereto C J MuniFinancial Page 7 City of Newport Beach • • • ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) attached showing the Assessment District and also the boundaries and dimensions of the respective subdivisions of land within the Assessment District as the same existed at the time of the passage of the Resolution of Intention, each of which subdivisions having been given a separate number upon the Assessment Diagram. 3. Each subdivision of land assessed is described in the Assessment Roll by reference to its parcel number as shown on the Assessor's Maps of the County of Orange for fiscal year 2003 -04 and includes all of such parcels excepting those portions thereof within existing public roads or right of way to be acquired in these proceedings for public road purposes. For a more particular description of said property, reference is hereby made to the deeds and maps on file and of record in the office of the County Recorder of the County. 4. Notice is hereby given that serial and /or term improvement bonds to represent unpaid assessments will be issued hereunder in the manner provided by Division 10 of the Streets and HigbwaluCode, the Improvement Bond 9ct of 1915. Said bonds shall bear interest at a rate not -to- exceed twelve percent (12 °io) per annum, or such higher rate of interest as may be authorized by applicable law at the time of sale of such bonds. These bonds shall be issued is such a manner so that they will not exceed the legal maximum term authorized by law, THIRTY -NINE (39) YEARS from the 2od dayof September next succeeding twelve (12) months from their date 5. Pursuant to the authority contained in said "Municipal Improvement Act of 1913 ", and by further direction and order of the City Council, l hereby recommend the following assessment to cover costs and expenses of the Works of Improvement for Assessment District No. 68 (Newport Shores) based upon costs and expenses detailed below. Summary of Estimated Costs As Preliminarily Approval As Confirmed & Recorded As Modified After Reconciliation Est. Construction Costs $ 5,415,068.05 Est. Incidental Expenses $ 283,483.33 Est. Financing Costs $ 506 448.62 Est. Federal Tax & Finance Costs 660 000.00 Est. Total Cost $ 6,865 000.00 Est. Balance to Assessment $ 6,865,000.00 For specifics as to the individual assessments and their descriptions, reference is made to Table 1 (Assessment Roll) attached hereto. 6. The Method of S12read of Assessment is asset forth in the exhibit identified as Section 111 (Exhibit 1) which is attached hereto, referenced and so incorporated. MuniFinancial Page 8 City of Newport Beach CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11- Assessment Roll Assessment Assessors Total Assessed Exisling I.D. No Parcel No. Value Liens 045.01015 1 408,298.00 000 045910 -16 2 304,653.00 000 045010.17 3 650.000.00 0.00 04501018 4 323.522.00 000 04501020 5 470.830.00 000 045010 -21 6 419,177.00 0.00 045010 -22 7 456,319.00 0.00 045- 010-23 8 384,262.00 0.00 045- 01026 9 349,831.00 0.00 045- 051 -09 10 606.161.00 0.00 045- 051 -10 11 487,947.00 000 045.051 -11 12 440,994.00 000 045051 -12 13 393,139.00 0.00 045051.13 14 306.412.00 0.00 045 -052 -03 15 370.781.00 0.00 045052 -04 16 361,454.00 0.00 045052 -05 17 69,792.00 0.00 045- 052 -06 18 435.095.00 0.00 045- 052 -08 19 449,000.00 0.00 045- 052.09 20 309.696.00 000 045 - 05210 21 144.476.00 0.00 045- 052 -11 22 317,680.00 000 045- 052 -12 23 321,166.00 000 045052 -13 24 72,230.00 0.00 045052 -14 25 603,432.00 0.00 045- 053 -02 26 389,872.00 0.00 045-05303 27 389.872.00 000 045053 -05 28 437,444.00 0.00 045053 -06 29 343,616.00 0,00 045- 053 -10 30 366,115.00 0.00 045- 053 -12 31 810000.00 0.00 045 -053-13 32 340,330.00 0.00 045- 053-17 33 134605.00 0.00 045053 -18 34 242,398.00 0.00 045053 -19 35 123,531.00 0 no 045053 -20 36 395086.00 0.00 045 -053 -21 37 599.582.00 0.00 045- 053.23 38 392.646.00 000 045-053 -24 39 110,019,00 000 045- 053.25 40 116711.00 000 045- 053.26 41 509.244.00 0.00 045- 053 -27 42 119.209.00 000 045053-28 43 58,335.00 000 045 - 05329 44 139,491.00 000 045053 -30 45 174,77400 0.00 045053 -31 46 128,472.00 0.00 045- 053.32 47 111,084.00 0.00 045- 053.33 48 356.833.00 coo 045- 053 -34 49 268,283.00 000 045- 053 -35 50 313,795.00 0.00 045- 053 -36 51 220,227.00 0.00 045- 053 -37 52 51,39500 0.00 045. 053 -38 53 51.395.00 000 045 - 05339 54 235,924.00 000 04505340 55 310.990.00 0.00 045- 053 -41 56 217,359.00 0.00 045053 -42 57 443.700.00 0.00 045. 053 -45 58 75.420.00 000 045. 054 -26 59 244.055.00 0.00 045.05427 60 685,000.00 0.00 045054 28 61 550,800.00 0.00 045- 054.29 62 321,166.00 0.00 045- 054 -30 63 315,43000 0.00 045- 054 -31 64 528.523.00 D.00 045- 054 -32 65 108704 00 000 045 -05433 66 315.886.00 0 00 045- 054 -34 67 72.542.00 000 INITIAL BOND ISSUE As As Preliminarily Confirmed Appoov and Recordetl $0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 000 18.634 98 18,634.98 18,634.98 18,634.98 18,634.99 9,317.49 9.317A9 9,317.49 9,317.49 9,317.40 9.317.49 9.317.49 9.317 49 9,317.49 9,317.49 9,317.49 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10.858.34 10,058.34 10,858.34 10.858,M 10,858.34 10,858 34 10,858.34 10,858.34 10.858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 9.31749 9,317.49 9,317.49 9,317.49 9,317.49 9,31749 9,317.49 9.317.49 9,317.49 9,317.49 1085834 9.317 49 9,317 49 9,317.49 9,317 49 9,31749 9.317 49 9.31T49 9.317 49 9.317 49 Page 8 -1 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Peliminanly Confirmed Apguov.d and Recorded $0.00 goo 000 0.00 0.00 0.00 0.00 0.00 0.00 20,852.30 20,852 30 20,852.30 20,852.30 20,852.31 10,426.15 10,426.15 10426.15 10.426.15 10,426.15 10,426.15 10,426.15 10,426.15 10,426.15 10,426.15 10,426.15 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11.967.00 11,967.00 11,967.00 11.967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 11,967.00 10,426.15 10,426.15 10.426.15 10,426.15 10426.15 10.426.15 10,426.15 10,426,15 10,426.15 10.426.15 11,967.00 10,426 15 10.426 15 10,426.15 10.426.15 10.426.15 10.426.15 10.426.15 10,426.15 10,426.15 Value - to -Lien Na Na n/a wa ola Wa Na Na nta 32.53 26.18 2366 21.10 16.44 39.79 38.79 7A9 46.70 48.19 3324 15.51 34.10 34.47 7.75 64 .76 35.91 35.91 40.29 31.65 3372 74.60 31.34 12.40 22.32 11.38 36.39 5522 36.16 10.13 10.75 46.90 10.98 5.37 12.85 16.10 11.83 10.23 38.30 26.79 33.68 23.64 5.52 5.52 25.32 33.38 23.33 47 62 6.95 26 -19 7352 59 -11 34.47 33.85 5672 1167 33.90 7.79 0 • • CJ C� CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11 - Assessment Roll Assessment Assessors Total Assessed Existing I.D. No Parcel No Value Liens A5 -054 -35 68 71.352.00 000 045-054 -36 69 72.60] 00 0.00 045- 055 -01 70 382.934.00 0.00 045 - 05502 71 38.894.00 0.00 045-055-03 72 71,856.00 000 045 -05505 73 391,283.00 0.00 045- 055 -06 74 637,500.00 0.00 045-055-08 75 354.901.00 0.00 045 -05525 76 714.000,00 000 045 -05526 77 440,535.00 0.00 114. 661-11 78 - 0.00 045.05528 79 345,953.00 0.00 045 -05529 80 363,761 00 0.00 045. 055.30 81 523,680.00 0.00 0454)5531 82 418327.00 0,00 045- 055-32 83 385,920.00 0.00 045 -05533 84 816.000.00 0.00 045 45534 85 368453.00 0.00 045 -055 -35 86 485.094.00 0,00 D45. 055 -36 87 357.226,00 0.00 045 -05537 88 478,808.00 0.00 045 -05538 89 432.972.00 0.00 045- 05539 90 50].]15.00 0,00 045 -055-40 91 799.000,00 0.00 045 -05541 92 498.153.00 0.00 045 -05542 93 622.200.00 0.00 045 -055 -43 94 349,842.00 0.00 045,05544 95 389,353.00 0.00 045-05545 96 312,396.00 0.00 045 -05546 97 144.305.00 0.00 045 -05547 98 510,361.00 000 045 -05548 99 114,773.00 0.00 045 -055-49 10D 383.348.00 0.00 045- 055.51 101 409,696.00 0.00 045 -05552 102 487.197.00 0.00 045 -05553 103 738,684.00 0.00 045 -055.54 104 397,953.00 0.00 045 -055.55 105 549.334.00 0,00 045 -05556 106 487486.00 0.00 045-05557 107 88677,00 0.00 045 -055.58 108 135,162.00 000 045 -055 -59 109 836,40000 0,00 045,055 -60 110 811.308.00 0.00 045 -05561 111 381404.00 0.00 045 -05562 112 170,072.00 0,00 045 -056.32 113 391298.00 000 045 -056 -33 114 195.096.00 0.00 045 -056 -34 115 338.236.00 0.00 045 4)61 -06 116 295,146.00 000 D45 -061.10 117 429,655.00 0,00 045 -061 -11 118 10764000 0.00 045 -061x2 119 75.109.00 0.00 045 - 061 -13 120 452,599.00 0.00 045 -061 -14 121 456,319.00 0.00 045 - 061 -15 122 324,729.00 000 045 - 061 -16 123 366,678.00 0.00 045 - 061 -17 124 106203.00 000 045 - 061 -18 125 234,596.00 000 045- 061 -19 126 328.593.00 0.00 045- 061 -20 iZT 74.9Z3.00 000 045 - 061 -22 128 419,194.00 0.00 045 - 06124 129 75,420.00 000 045061 -25 130 29800700 000 045- 061 - ?6 131 124.75800 000 045 -06127 132 307.209 00 0 00 045 - 061 -28 133 6140600 000 045.06129 134 59 &230.00 000 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 9,31].49 9,317.49 9,31].49 9,317.49 9.317.49 9,31],49 9,31 49 9,31] 49 9,31749 9,317.49 0.00 9.31],49 9,31749 9,317 49 9,31].49 9,317.49 9.31749 9,31].49 9,317.49 9,31749 9,317 49 9.31749 9,317.49 9,317 49 9,317 49 9.317.49 9,317.49 9,317.49 9,31749 9,317.49 9,31749 9,317.49 9,317.49 9.317.49 9,31749 9,317.49 9.317.49 9,317.49 9,317.49 9,317.49 9,317.4P 9,317.49 931749 9,317.49 9,317,49 9,31749 931749 9,317.49 10,858.34 10,858 34 10.858.34 10,858.34 10,858 34 10,858.34 10,858.34 10.858.34 10,858 34 10.858.34 10.858.34 10.858 34 10.858 34 10,858 34 10,858.34 10.858 34 10.858 34 10.858.34 10.858 34 Page B -2 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confreed Approved and Reoordetl 10,426.15 10,426.15 10.426.15 10,426.15 10.426.15 10 426.15 10.426.15 10,426.15 10.426.15 10 426.15 0.00 10.426.15 10.426.15 10.426.15 10,426.15 10,426.15 10 426.15 10,426.15 10,426.15 10.426.15 10,426.15 10,426.15 10,426 15 10.426.15 10.426.15 10.426.15 10426.15 10,426.15 10,426.15 10,426.15 10,426.15 10 426.15 10,426.15 10,426.15 10.426.15 10426.15 10,426.15 10,426.15 10.426.15 10.426.15 10,426.15 10,426.15 10,426.15 10,426.15 10,426,15 10426.15 10,426.15 10,426.15 11,967 00 11,967.00 11,967.00 11.967.00 11,96] 00 11,96].00 11.96].00 11,96].00 11,967.00 11.96].00 11 96].00 11,96].00 11,96] 00 11,967.00 11.96].00 11,967 00 11,96] 00 11 967.00 11.96] 00 Value - to -Lien 7.66 7.79 41.10 4.17 7.71 41.99 68.42 38.09 76.63 47.28 nla 37.13 39.04 56.20 44.90 41.42 87.58 39.54 52.06 38.34 51.39 46.47 54.49 85.75 5346 66.78 37.55 41.79 33.53 15,49 54.77 12.32 41.14 43.97 5219 79.28 42.71 58.96 52,32 9.52 14.51 8977 87.07 40.93 18.25 4200 , 2094 , 36.30 27.18 3957 9.91 6.92 41 68 4202 2991 33.77 9.78 21.61 30.26 6.90 3861 6.95 2].44 11.49 2829 570 5509 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11 - Assessment Roll Assessment Assessors Total Assessed Existing 10. No. Parcel No Value Liens 045 -061 -30 135 528,360.00 0.00 045-061 -31 136 231,31600 000 045-061 -32 137 448,627.0 0.00 045-061 -33 138 265,866.00 0.00 045-061 -36 139 349,83500 000 045-061 -37 140 383.18000 0.00 045 -061 -38 141 560.000.00 0.00 045-062 -07 142 102,078M 0.00 045-062 -08 143 60,718.00 0.00 045 -062 -09 144 265388.00 0.00 045-062 -10 145 545,000.00 0.00 045-062 -11 146 423.354.00 0.00 045-062 -12 147 415,74900 000 045-062 -13 148 100,695.00 0.00 045-062 -15 149 75420.00 0.00 045 -062 -16 150 70.103.00 000 045 -062 -17 151 209,681.00 000 045-062 -18 152 253.363 00 000 046-062 -19 153 67,33000 000 045-062 -20 154 265,689.0 0.00 045- 062 -21 155 591.600 00 0.00 045-062-22 156 378.850.00 0.00 045-062 -23 157 190,49200 000 046-062 -25 158 61,906.00 0.00 045-062 -26 159 381 A04,00 000 045-062 -27 160 559.980.00 000 045-063-04 161 197,775.00 000 045-063-05 162 58.281.00 000 045 -063-06 163 60.154.00 0.00 045-063 -07 164 464,018.00 0.00 045-063 -08 165 452,387.00 000 045063-09 166 99,946.00 0.00 045.063 -10 167 312.952.00 000 045-063 -11 168 280,65900 0.00 045 - 063-12 169 113403.00 000 045 -063-13 170 634,644.00 0.00 045-063 -15 171 291.054.00 000 045 -063 -16 172 324.729.00 000 045-063.18 173 269550.00 000 045- 063.19 174 365.211.00 0.00 045-063 -20 175 347.274 00 000 045-063 -21 176 58,281.00 0.00 045-063-22 177 442,170.00 000 045 -063 -23 178 207.247.00 000 045-063-24 179 225490,00 0.00 045-064 -05 180 378,850.00 0.00 045-064 -10 181 101,63300 0,00 045-064 -11 182 484.500.00 0.00 045 - 064 -12 183 226.866 00 000 045- 064 -13 184 418,943.00 0.00 045 -064.14 185 240.615.00 000 045 -064 -16 186 275.510 00 000 045 -064 -18 187 378.850.00 000 045 -064 -19 188 530.400.00 000 045 - 064.20 189 408.000.00 000 045 - 064 -21 190 226.866.00 000 045-064 -22 191 324.727.00 000 045 - 064 -23 192 225.11500 0.00 045 - 064 -24 193 249.637.00 0.00 045 - 064 -25 194 391.38200 000 045. 064.26 195 410.975 00 000 045 -064 -27 196 270 .79100 000 045 - 064 28 197 252.319 00 000 045 - 064 -29 198 359.16700 600 045, 064 -30 199 113711 (10 000 045- 06< -2.1 200 374.453.00 000 048 - 064 -32 201 383,59500 000 INITIAL BOND ISSUE As As Prehminanly Confirmed Aoor°ved and Recorded 10.858.34 10,858.34 10858.34 10,858.34 10.858.34 10858 34 10,858.34 10,858.34 10858.34 10.859.34 10.858 34 10858.34 10.858 -34 10.858.34 10.856.34 10,858 34 10,858.34 10.85834 10.858.34 10,858.34 10,858.34 10.858.34 10.858.34 10.858.34 10,858.34 10858.34 10.858.34 10.858.34 10,85834 10,858.34 10.858.34 10.858.34 10.858.34 10.858.34 10,858.34 10,858 34 10.858.34 9.31749 10.858.34 10.858 34 10.858.34 10.858.34 10.858.34 10.858 34 10.858.34 10,858.34 10,858.34 10.858.34 10.85834 10,858.34 10,85834 10.858.34 10.856.34 10.858.34 10.658.34 10,858.34 10,858.34 10,858.34 10.858.34 10.858.34 10.858 34 10.858.34 10,858 34 10.858 34 10. 858.34 10.858.34 10.858 34 Page 8 -3 TOTAL BOND ISSUE (I st and 2nd Bard Issues) As As Preliminarily Confirmed ANtproved Bud Recorded 11.967.00 11.967 00 11.967.00 11,967 00 11.967.00 11.967 00 11.967.00 11,967 00 11,967.00 11 967.00 11.967 00 11,967.00 11 .96700 11.96700 11.967.00 11.96700 11,967.00 11967 00 11,967.00 11,967.00 11,967.00 11.967.00 11.967 00 11.967.00 11.967.00 11,967.00 11,967.00 11,967.00 11.967 00 11.967.00 11.96700 11,967.00 11.967.00 11,96700 11.967 00 11.967.00 11.967.00 10.426.15 11,967.00 11.967.00 11,967.00 11.967.00 11.967 00 11.96700 11.96700 11.967 00 11,967.00 11.967 00 11.96700 11,967.00 11,95700 11.967 01 11,967 01 11.967.01 11.967.1 11,967.01 11,967.01 11.967.01 11.96701 11.96701 11.967 01 11.96701 11,967.01 11.967 01 11,967 01 11 967.01 11 957 01 Value - to-Uso 48.66 21.30 41.32 2448 32.22 35.29 51.57 9.40 5.59 24 44 50.19 38.99 38.29 9.27 Z95 646 1931 23.33 6.20 2447 5448 34.89 1754 570 35.13 5157 18.21 537 5.54 42.73 41.68 9.20 2882 2585 1044 58.45 26.80 34.85 2492 33.63 3198 5.37 4072 19.09 20.77 34 89 9.36 44.62 20.89 38.58 22.16 25.37 3489 4885 3757 20.89 29.91 2073 22.99 3604 3785 24.94 23 24 3308 10 47 34 49 36 33 0 C • 0 • • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessofs Total Assesxed Existing I.O`No. Parcel No value Liens 045-064 -33 202 74,792.00 0.00 045- 064 -34 203 499,392.00 0.00 045 -064.35 204 675.000.00 0.00 045 -064 -36 205 95,718.00 000 045 4)65-06 206 107,106.00 0.00 045 -065 -07 207 382,500.00 0.00 045 -065-08 208 206,241.00 0.00 045 -065-09 209 305,121.00 000 045-065-10 210 102,200.00 0.00 045.065-11 211 384,948 00 0.00 045 -065-12 212 101,514.00 0.00 045065 -13 213 555.900.00 0.00 045 -065-14 214 106,010.00 000 045 -065 -15 215 346,3]].00 0.00 045 -065-16 216 60.]]7.00 0.00 045 -065-17 217 36]91].00 0.00 045 -065-18 218 153,679.00 0.00 045 -065 -20 219 269,600.00 0.00 045.065-21 220 213,851.00 000 045 -065 -23 221 215,976.00 0.00 045 - 065 -24 222 35],201,00 0.00 045 -065-25 223 129.35100 0.00 045 -065-26 224 153,935.00 000 045 -065-27 225 340.96500 0.00 045 -065-29 226 105,013.00 0.00 045-06530 227 320,378.00 000 045 -065-31 228 371,273.00 0.00 045 -065-32 229 427.604.00 0.00 045.065.33 230 223,027.00 0,00 045 -065-34 231 394 785,00 0.00 045 -06535 232 117,482,00 0.00 045-065-36 233 377,137.00 0.00 045 -065-37 234 68,60600 0.00 045-065-38 235 335,553,00 0.00 045 -065.39 236 76.173.00 0,00 045,065.40 237 65,659.00 0.00 045 - 065-41 238 350,853.00 0.00 045066 -07 239 419,690.00 0.00 045. 066.08 240 241,830.00 0,00 045 -066 -09 241 92.006.00 0.00 045 -066.10 242 86,498.00 000 045 - 066 -11 243 453,614.00 0,00 045 - 066 -12 244 615.060.00 0.00 045.066 -13 245 360.201.00 000 045 -066.14 246 629,744.00 000 045 -066-15 247 223,428.00 0.00 NS- 066 -16 248 87 230 00 000 045 - 066.17 249 166842.00 0,00 045 -066-18 250 108,51600 0.00 045 -066 -19 251 132.60100 000 045- 066.20 252 395.080.00 000 045 -066.22 253 453.91r4.00 0.00 045 -066 -23 254 472,108.00 0.00 045 - 06624 255 456,31900 000 045 - 066-25 256 308,516.00 0,00 045 -066.26 257 223.428 00 0.00 045.066 -27 298 482,888.00 000 045 -066.28 259 331.688.00 000 045 - 066-29 260 342,848.00 Goo 045- 066 -30 261 47.69300 0.00 046. 066 -31 262 465,120 00 000 045 - 066.32 263 54,812.00 0,00 045. 06633 264 413.43000 000 04S- 066.34 26S 415,091.00 000 045. 066.35 266 250.73800 000 045 - 066 -36 267 264.316 00 000 045.06 &37 268 465.60400 000 INITIAL BOND ISSUE As As Preliminarily Comfirmetl Agpiroved and Recordetl 10,858.34 10.858.34 10.858.34 10 858.34 10.858 34 10,858.34 10.858.34 10,858.34 10.858.34 10.858.34 10.858.34 10858.34 10 858.34 10,856.34 10,858.34 10,858.34 931]49 10,858.34 10,856.34 10,858 34 10,858.34 10,858.34 10.858.34 10,858.34 10.858.34 10,858 34 10,858 34 10 858.34 10,85834 10,858.34 10,858.34 10,858.34 10.858.34 10,858.34 10.858.34 10.858.34 10 858.34 10.858,34 10,858.34 10,858.34 10,858.34 10,858.34 10.858.34 10,858 34 10,858.34 10.858.34 10.858.34 10.858.34 10,858.34 10,858.34 10.858.34 10.858.34 10 858.34 9,317,49 10.858.34 10.858.34 10,858 34 10,858.34 10,858.34 10.858.34 10.858 34 10.858 34 10,858.34 10,858 34 10,858.34 10,858.24 10.858 34 Page 8a TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Area.. a.. antl Rewrote 11,96].01 11,96].01 11,96].01 11,96].01 11,96] 01 11 46].01 11.96].01 11,967.01 11,96].01 11,96].01 11,96] 01 11,96] 01 11.967.01 11,96].01 11,96].01 11.96].01 10,426.16 11,96].01 11,96].01 11,96].01 11.96] 01 11,96].01 11,96].01 11.967.01 11.967.01 11,967.01 11.967.01 11,96].01 11,967.01 11,967.01 11,967.01 11,967.01 11.967.01 11,967.01 11 ?67.01 11,967 01 11,967 01 11 967.01 11,967,01 11.967.01 11,967.01 11,967 01 11 967.01 11 967.01 11 967,01 11.967.01 11,967.01 11,967.01 11.967.01 11.967.01 11,96701 11.967.01 11,967.01 10, 426.16 11,967.01 11,967.01 11,967 01 11.967 01 11,N67.01 11,967.0! 11.967 01 11.967 01 11,967 01 11,967 01 11.467.01 11.967,01 11.967 01 Value- !o Lien 6.89 45.99 62.16 8.82 9.86 35.23 18.99 28.10 941 35.45 9.35 51,20 9.76 31.90 5.60 33.88 16.49 24.83 19.69 19.89 32.90 11.91 14.18 3140 9.67 29.51 34.19 39.38 20.54 36.36 10.82 34.73 6.32 30.90 7.02 6.05 32.31 38.65 22.27 8.47 7.97 41.78 56.64 33.17 58.00 20.58 803 15.37 9.99 12.21 36.38 41.81 43.48 48.97 2841 20.58 4447 30.55 31.57 4.39 4284 5.05 3607 38.23 2309 24.34 47.88 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Ensfing I.D_No. Parcel No. Vow ,ens 045 -066 -38 269 445 ]0].00 0.00 045 -066 -39 270 611.235.00 0.00 04596640 271 413,430.00 0.00 045 -06641 272 562 962.00 0.00 045 -066-02 273 483,308.00 0.00 045 -06643 274 618,697.00 0.00 045 -066-44 275 503.330.00 0.00 045 -066 -05 276 572,220.00 0.00 045 -066-06 277 285,983.00 0.00 045966 -07 278 88.807.00 0.00 045 -06648 279 734.400.00 0.00 045 -066-09 280 143,987.00 0.00 045 -066-50 281 297,682.00 0.00 045 -06651 282 461,059.00 0.00 04596652 283 376.919.00 0.00 045 -06653 284 603,179.00 0.00 045 - 067 -02 285 591,600.00 0.00 045-067-06 286 429 ]89.00 0.00 045 -067.10 287 105,576.00 0.00 045 - 067 -12 268 104.385.00 0.00 045 -067 -13 289 403,951.00 0.00 045-067 -14 290 101320.00 0.00 045-067-15 291 253.019.00 0.00 045 -067 -16 292 470,85T00 0.00 045-067-17 293 297,358.00 0.00 045 -067 -18 294 335,636.00 0.00 045 - 067 -19 295 102.326.00 0.00 045-067 -20 296 59 52].00 0.00 045-067-21 297 176699.00 0.00 045-067-22 298 382,048.00 0.00 045-067 -23 299 446,331,00 0.00 045067-24 300 197 ]85.00 0.00 045-067-25 301 480420.00 0.00 045-067-26 302 254 36].00 0.00 045 -067 -27 303 293,715.00 0.00 045-067-28 304 59,527.00 0.00 045-067-29 305 488,155.00 0.00 045 -067 -30 306 101320.00 0.00 045-067-31 307 76,901.00 0.00 045 -067 -32 308 66668.00 0.00 045 - 067 -34 309 303,256.00 0.00 045 -067 -35 310 110,628 00 0.00 045-067-37 311 442,170.00 0.00 045-067-38 312 4]].360.00 0.00 045-067-39 313 321.166.00 0.00 045 - 067 -40 314 435,095.00 0.00 045-06741 315 412 842.00 000 045 -067 -42 316 442,170.00 000 045-06743 317 41909400 000 045 - 067 -44 318 415,383.00 0.00 045 -067 -05 319 366 251.00 0.00 045 -06746 320 422,41000 0.00 045 - 067 -47 321 100,910.00 0.00 045- 067 -48 322 101.633.00 0.00 045 - 067 -49 323 67,286.00 000 045 - 067 -50 324 370.432.00 0.00 045 -067 -51 325 402,406.00 0.00 045 - 067 -52 326 224,389.00 0.00 045- 067 -53 327 455.695.00 0.00 045 -067 -54 328 368,026 00 0 00 045 - 067 -55 329 108,262.00 0.00 045 - 067 56 330 387,621.00 0.00 045- 067 -57 331 219.989.00 0.00 045- 071 -18 332 185.839.00 000 045 - 671 -20 333 381,009.00 0.00 045 -07122 334 520.924.00 0.00 045 - 071 -23 335 150.01400 000 INITIAL BOND ISSUE As As Preliminadly Confirmed roved and Recorded 10,858.34 9.31T49 9,31].49 9,31].49 9,317.49 9,31].49 9.31T49 9,31].49 9,31].49 9,31].49 9,31].49 9,31].49 9.31].49 9,31].49 9,31].49 9,31].49 10,858.34 10,858.34 10,85834 10,858.34 10,858.34 10.858.34 10.858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10.858.34 10.858.34 10,858.34 10,858 34 10,858.34 10,858.34 9.31].49 10.858.34 Ma58 34 10,858.34 10,858.34 10,858.34 10.858.34 10,858.34 10,858.34 10.858.34 10,858.34 10,858.34 10,856.34 10,858.34 10,858.34 10,858.34 10,858.34 10,658 34 10.858.34 10.858.34 10.858 34 10,858 34 20.1]5.84 20,175 85 10.858 35 10.858.35 Page e -5 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confi..d roved and Recnrd.d 11 96].01 10,426.16 10,426.16 10,426.16 10426.16 10,426.16 10,426.16 10,426.16 10.426.16 10,426.16 10.426.16 10,426.16 10,426.16 10,426.16 10,426.16 10,426.16 11 967.01 11,96].01 11,96T01 11,967.01 11 96].01 11.967.01 11 96].01 11 967.01 11,967.01 11.967.01 11 96].01 11,96].01 11 967.01 11,967.01 11 967.01 11 96].01 11,967.01 11 967 01 11,967.01 11,96].01 11,967.01 11,967.01 11,967 01 11.96].01 11,96].01 10,426.16 11,96].01 1L967.01 11,96].01 11,96].01 11 96].01 11,96701 11,967 01 11,96].01 11.96].01 11,96].01 11 96].01 11,B67 W 11.96] 01 11 96].01 11,96].01 11,96].01 11 967.01 11,96] 01 11.96] 01 11.96] 01 11,96].01 22,39317 22,393 18 11,96] 02 11 96].02 Value- to-Lien 41 05 65.60 44 37 60.42 51.87 6640 54 02 61 41 3069 9.53 ]8.82 15 45 31.95 49.48 40.45 64.]4 54.48 39.58 972 9.61 3].20 9.33 23.30 43.36 2739 3091 9.42 5.48 16.27 35.18 41.10 18.22 44.24 2343 27.05 5.48 44.96 933 08 6 14 2].93 11 89 4072 43.96 29.58 40.0] 38.02 40.]2 3861 38.25 3373 38.90 9._29 9.36 6.20 34 11 3].06 20.6] 41.9] 33 69 9.97 3570 2016 9.21 1888 4797 ;382 is • is 0 • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11 - Assessment Roll Assessment Assessor's Total Assessed EsisLng 1,L), No Parcel No Value Liens 045- 071 -24 336 216.553.00 0.00 045 -071-25 337 65.482.00 0.00 045 -071 -26 338 210438.00 000 045 -0]1-2] 339 59.524.00 0.00 045 - 071 -28 340 289,597.00 0.00 045 -071-31 341 108,580.00 000 045 -071 -32 342 112,205.00 0.00 046-071 -35 343 427.934.00 0.00 045-071 -36 344 259,76600 0.00 045 -0]1 -3] 345 346390.00 0.00 045- 071-38 346 423.300.00 000 045 -071 -39 347 488,968.00 0.00 045 -07140 348 54,904.00 000 045 -07141 349 342.538.00 000 045-071-42 350 434.520.00 0.00 045 -07143 351 435,095.00 0.00 045 -071-04 352 374,&44.00 0.00 045 -071.46 353 329.957.00 000 045 -07147 354 612,000.00 0.00 045- 071 -50 355 85.932.00 0.00 045 -071 -52 356 7],1]6.00 0.00 045 -071-53 357 84.558.00 0.00 045 -071 -54 358 445,17500 0.00 045 -071.55 359 459,502.00 0.00 045-071 -56 360 116.520.00 000 045 -071-57 361 228,]]9.00 000 045-071 -58 362 637,500.00 0.00 045 -0]2 -0] 363 140614.00 000 045-072 -09 364 331.688.00 0,00 045.072 -12 365 340,331.00 0.00 045 -072 -15 366 270,149.00 0.00 045 -072.16 367 336.258.00 000 045.072 -17 368 25&079.00 0.00 045 -072 -18 369 214.289.00 0.00 045 -072.19 370 221,38000 0.00 045 4)72.20 371 425.850.00 000 045 -072 -21 372 254.403.00 000 045-072 -22 373 400,554,00 000 045 -072.23 374 535,000.00 000 045- 072.24 375 520.200.00 000 NS- 072.25 376 442,170.00 0.00 045 -072 -26 377 86,49600 000 045 -072.28 378 606,900.00 0.00 045 -072 -29 379 328.59100 0.00 045 -072 -30 380 380.445.00 0.00 045 -072 -31 381 659.500.00 0.00 045- 072.32 382 295,487.00 0.00 045 - 072.33 383 567.282.00 000 045. 072.34 384 303,961.00 0.00 045 -072 -35 385 159,064.00 000 045 -072.36 386 311,445.00 0.00 045 - 072.37 387 601.60000 000 045 -072.39 388 286b45.00 000 045 -072 -40 389 561,81600 0.00 045 -07241 390 471,179.00 0.00 045 -072.42 391 317,182.00 000 045 -07243 392 158.386.00 000 045 -072 -44 393 670,00000 0.00 045 -072.45 394 387,52300 000 045 -072 -46 395 640,00000 000 045.07247 396 425.878.00 0,00 045- 072 -50 397 27628500 0.00 045. 072.51 398 314.22900 0.00 045.07252 399 335,553.00 000 045072.53 400 104.44400 000 045.07254 401 303,95600 000 045 -07M5 402 107,64200 000 INITIAL BOND ISSUE As As Preliminarily Oonfnned A rovetl and Recorded 10.858.35 10.858.35 10,858.35 10.858.35 10 858.35 9.31].50 9,31].50 10,858 35 10,858.35 10,858.35 10.858 35 10.858 35 10,858.35 10.858.35 10,858 35 10,858.35 20.175.85 20,17585 20.1]5.85 20.175 85 20,175.85 20.17585 20.1]5.85 20,1]5.85 9.31].50 10.858.35 10,858.35 10 858.35 10,858.35 10,858,35 10,858.35 10,858.35 10.85B 35 10,858 35 10,858.35 10,858.35 1085835 10,B58 35 10.858.35 10,858 35 10.858 35 1085835 10,858.35 10.858 35 10.858.35 10 858.35 10,858.35 10,858.35 10.858.35 10 858.35 10,858 35 10.858.35 10,868.35 10,858.35 10.858 35 1085835 10,858 35 10,858 35 10.858 35 10,858,35 10,858.35 10,858.35 10.858.35 1085834 10,858 34 10,858.34 10.858 34 Page 8 -6 TOTAL BOND ISSUE (isl and 2nd Bond Issues) As As Preliminarily Confirmed Approved gnd Recorde d 11.96].02 11.96] 02 11,96].02 11 96].02 11,96] 02 10.426 1] 10.426.1] 11 96].02 11,96].02 11 96].02 11.96].02 11.967.02 11.96].02 11,96] 02 11.96].02 11.96] 02 22.393 18 22.393.18 22,39318 22.39318 22,393.18 22,393.18 22,393.18 22,393.18 10.426.1] 11,96].02 11,96] 02 11,96].02 11,967.02 11 967.02 11.967.02 11.967,02 11,967.02 11 967.02 11.967.02 11,967 02 11 967.02 11.967.02 11,96702 11,967.02 11,967.02 11,967o2 11.967.02 11,967.02 11 967.02 11,967 02 11,967.02 11 967.02 11.967 02 11,967 02 11.967,02 t1967.02 11.967,02 11,967,02 11.967 02 11967.02 11.96702 11.967 02 11.967 02 11.967 02 11,967 02 11,967 02 11.96702 11.967 01 11.967 01 11,967 0 '. 1.96701 Value - to -Lien 19.94 6.03 19.38 548 26.6] 11.65 1204 . 3941 23.92 31.90 38.98 45.03 506 31 55 40.02 40.07 1858 16.35 30.33 4.26 383 4.19 2206 22.]] 12.51 21.07 58.]1 12.95 30.55 31.34 2488 30.97 23.77 19.73 2039 39.22 23.43 36,89 4927 47.91 40.72 7.97 55,89 3016 35.00 60.74 2721 5224 27.99 14.65 2868 55.42 2640 51.74 43.39 29.21 14.59 6170 35.6,9 5894 3922 2644 2894 N90 9 62 27.99 9.9-. CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section 11 - Assessment Roll Assessment Assessors Total Assessed Existing I D. No. Parcel No Value Liens 045-072 -56 403 378,320.00 0.00 045-0]2 -5] 404 218375.00 0.00 045072.5B 405 246,608.00 0.00 045 -072 -59 406 242,573.00 0.00 045-072 -60 407 398.114.00 0.00 045-072 -61 408 431460.00 0.00 045 -072 -62 409 71,700.00 0.00 045-0]3 -0] 410 59,468.00 0.00 045 -073 -08 411 20],418.00 0.00 045 -073-09 412 101257.00 0.00 045 -073 -10 413 63,600.00 0.00 045 - 073-11 414 498,000.00 0.00 045 -073-12 415 281.651.00 0.00 045-073 -13 416 480,420.00 0.00 045-073 -14 417 55,338.00 0.00 045 -073 -15 418 21] 380.00 0.00 045 -073 -16 419 396,89100 0100 045 - 073-17 420 400,554.00 0.00 045-073 -18 421 114 025.00 000 045 -073 -19 422 601800.00 0.00 045 -073-20 423 356,118.00 0.00 045 -073-21 424 351,789.00 000 045 -073 -22 425 320,580.00 0.00 045-073 -23 426 106,274 00 000 045 -073 -24 427 223.193 00 0.00 045-073 -25 428 555,000.00 0.00 045- 073-26 429 100,526.00 0.00 045-0]3 -2] 430 126,550.00 0100 045 -073-29 431 347 244 00 000 045-074 -05 432 73,421.00 0100 045 -074 -06 433 78,806.00 0.00 045- 0]4 -0] 434 410,742.00 0.00 045-074 -08 435 451013.00 0.00 045-074 -09 436 539,967.00 0.00 045 -074 -10 437 337,406.00 000 045-074 -11 438 583,664.00 000 045 -074 -12 439 309,705.00 0.00 045- 074 -13 440 453,074.00 0.00 045 -074 -14 441 445,052.00 0.00 045- 074 -15 442 374,956M 0.00 045 - 074 -16 443 91.871.00 0.00 045 -0]4 -1] 444 322,997.00 0.00 045-074 -18 445 286,14]00 0.00 0454I74-20 446 323178.00 0.00 045-0]5-0] 447 240.773.00 0.00 045 -07508 448 439.879.00 0.00 045 -075 -09 449 10],]06.00 0.00 045 -07510 450 535.806.00 000 045 -07511 451 1]8,267.00 000 045-07512 452 279.336.00 000 045 -075-13 453 374,694.00 0.00 045- 075 -14 454 218,374 00 000 045-075 -15 455 550,000.00 0.00 045 -07518 456 279 872.00 0.00 045- 075 -19 457 356.118.00 0.00 045 - 07520 458 59,83] 00 0.00 045 -075-21 459 258.73900 000 045 -07522 460 302.69800 000 045 -075 -23 461 365.472.00 0.01, 045 -07&24 462 479.400.00 0.00 045- 075 -25 463 3]],]93 00 0 00 045 -07526 464 453.074.00 0 00 045- 0]5 -2] 465 479,614 00 0 00 045- 075 -28 466 332,96100 000 045- 075 -29 467 171.216.00 000 045- 075 -30 468 96.82000 000 0455- 0]531 465 616.24900 000 INITIAL BOND ISSUE As AS Preliminanly Donfmned Arnroved and RacoNetl 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,658.34 10,85B.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,858.34 10,658.34 10,858.34 10,858.34 10,658.34 10.858.34 10.858.34 10,858.34 10,858.34 10,858.34 10,858.34 9,31].50 9,31].50 9,31].50 9,31].50 9,317.50 9,31 ].50 9.31T49 9,31T49 9,31T49 49 9,317 49 9,31].49 9.31].49 9.31].49 9,31].49 9,317.49 10.858.33 10,85B.33 10,858.33 10,858.33 10,858.33 10,858.33 10858.33 10.858.33 10.858.33 10,858.33 10,858.33 10858.33 10.858.33 10,858.33 10,858 33 10,858 33 10.858 33 10,858.33 9,31].49 9,317A9 9,31] 49 9.31749 9.31T49 49 Page 8 -] TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confirmed Ayorwed and Bemrdetl 11 96].01 11 96].01 11,96].01 11,96].01 11,96].01 11,967.01 11 967.01 11,96].01 11,96].01 11 96].01 11,96].01 11 96].01 11,96].01 11.96] 01 11 96].01 11,967.01 11 96].01 11 96].01 11 96].01 11,96].01 11,96].01 11,96] 01 11 96].01 11.967.01 11,96].01 11 96].01 11,96].01 11,96].01 11 967.01 10,426.1] 10,426.1] 10,426.1] 10,426.1] 10 426.17 10,426.1] 10,426.16 10,426.16 10 426.16 10,426A6 10.426.16 10.426 16 10,426.16 10,426.16 10 426.16 11,96].00 11 96].00 11,96].00 11,96]00 11,967.00 11.967.00 11 967.00 11,967.00 11,96].00 11.967.00 11 967.00 11,967.00 11,96] 00 11,96].00 11.967.00 11.96].00 11,96] 00 11,96] 00 10.426 16 10,426.16 10.426.16 10.426 16 10,426 16 Value - tatL 34.84 20.11 22.71 22.34 36.66 39.]4 6.60 5.48 19.10 9.33 5.86 45.86 25.94 44.24 5.10 20.02 36.55 3689 10.50 55.42 32.80 32.40 29.52 9.79 20.55 51.11 9.26 11.65 31.98 TM 8.46 44.08 48.40 57.95 36.21 62.64 33.24 48.63 47 77 40.24 9.86 34.6] 30.]1 34.69 22.1] 40.51 9.92 49.35 16.42 25.]3 34.51 2011 50.65 25.]7 3280 5.51 23,83 2].88 33.56 44 15 3479 41 .73 51 47 3574 i3.01 10 39 66 14 0 • • 0 • • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessor's Total Assessed Existing LID No Parcel No. Value Liens 045-075 -32 470 815,500.00 0.00 045-075-35 471 666458,00 0.00 045075 -36 472 484,450.00 0.00 045 -075-37 473 357.225.00 0.00 045 -075-38 474 94,219.00 000 045-081 -07 475 337,552,00 000 045 -081 -08 476 116.902.00 0.00 045-081-09 477 495,583.00 0.00 045 -081.14 478 274,990.00 0.00 045,081-15 479 485.866.00 0.00 045-081 -16 480 281.867.00 0.00 045-081 -17 481 318.471,00 0.00 045-081 -18 482 530,400,00 0.00 045-081 -19 483 357,196,00 0.00 045-081 -20 484 283,294.00 0.00 045-082-04 485 102,198.00 0.00 045-082 -05 486 31543000 0.00 045-082 -06 487 97.572,00 0.00 045 -082 -07 488 97,386.00 0.00 045-082 -08 489 359,186.00 0,00 045.08240 490 422,91300 0.00 045- 082 -11 491 712,980.00 0.00 045- 082 -13 492 296.566.00 0.00 045-082.16 493 359.42000 000 045-082 -17 494 432420.00 0.00 045. 083 -01 495 450,484,00 0.00 045 -083-09 496 434,057.00 0.00 045-083.10 497 420,56300 0.00 045-083.11 498 322,586.00 0.00 045 -083 -12 499 347,384,00 0.00 045-083.13 500 432,972.00 0.00 939 -720-01 501 278,866.00 0.00 939 -720.02 502 266,708.00 0,00 939 - 720 -03 503 292,164.00 0.00 939 - 720 -04 504 227.667.00 0,00 939 -720 -05 505 268609.00 0,00 939 - 720 -06 506 279.266.00 0.00 045-083.15 507 89.499.00 0.00 045- 084 -01 508 1.248,4BO.00 0.00 045 -084 -03 509 225,476.00 0.00 045 -084 -04 510 189,331.00 0.00 045-084 -06 sit 979,200.00 0.00 045 -084 -09 512 630,938.00 0.00 045 -08440 513 74,521.00 0,00 045- 111 -15 514 86,636.00 000 046 - 111-17 515 181,35600 0.00 045 - 111 -18 Sib 226,644.00 0.00 045. 111 -19 S17 223,02700 0.00 045- 111 -20 518 4,658,85000 000 045- 112.01 519 124,188.00 0.00 045. 112 -08 520 68,417.00 0.00 045. 112 -09 521 64,599.00 0.00 045 - 112 -10 $22 317.65000 000 045- 112 -11 523 157875.00 000 045- 113 -01 524 6029200 0.00 045 - 113 -02 525 5],16100 0.00 045- 113 -03 526 61,29500 0.00 045 - 114 -08 527 129,50000 000 045- 114 -09 528 129.5..000 000 045 - 114 -13 529 388.840.00 0.00 045 - 11415 530 867,15200 000 045- 114 -16 531 316,584.00 000 045- 115 -01 532 153.000.00 0.00 045- 115 -08 533 42680000 0.00 045 - 115-10 534 61,20000 0100 114- 661 -01 535 573.85500 0.00 t 14- 661 -02 536 990.565 00 0 00 INITIAL BOND ISSUE As As Preliminarily Confirmed rovetl and Rem1ded 9,317.49 18,635.00 9,31]A9 9,31]49 9,31] 49 10,858.34 10,858.34 10,858.34 1,540.84 1,540.84 1,540.84 1640.84 1.540.84 1,540 84 1.540.84 10,858.33 10,858.33 10,858.33 10,858.33 10.858.33 1,540.84 1,54084 1,540.84 1,540.84 1,540.84 1,540.84 6,199.58 6,199.58 1,540.84 1,54084 1,540.84 5,429.15 5,429.15 5,429.15 5.429.15 5,429.15 5,429.15 9,299.37 130,30006 9,317.49 10,858.34 3,081.69 39,850 11 9,317,49 9,317.49 9,317.49 9,317,49 32,331.]0 38,853.95 32.575.02 0.00 3.852.12 59,720 87 23.293 74 0.00 coo 0,00 4,658.74 0.00 18,634 99 111,809 92 65,222 45 0.00 18.634.99 coo 9,31] 4B 9.317 48 Page B -8 TOTAL BOND ISSUE (1 at antl 2nd Bond Issues) A As PreLminanly Confineed Apprmed antl Rrr- ortl_d 10,42616 20.852 33 10,42616 10,426.16 10 426.16 11,96].01 11,96].01 11,967 01 1,540 84 1.54084 1,54084 1,540.64 ,"0.84 1.54084 1,540.84 11,967.00 11,967.00 11.967 OC 11,967.00 11,967.00 t,54084 1.54084 1,540.84 1.54084 1.540 8A 1.54684 6.75391 6.753.91 1,540.84 1,540.84 1.540.84 5.983.48 5.983.48 5,983 48 5,983.46 5.98348 5.983.48 10.130 87 143,604.05 t 0.426.16 11,967.01 3,081 69 43.918.91 10.426.16 10.426.16 10,426 16 10,42616 36.178.77 43.477.09 35,901.62 0.00 3.852.12 65.818.53 26.065.41 coo coo 000 5.21307 000 20 852 32 125,113 91 72.983.11 0.00 20.852 3? ono 10.42615 10,426 IS Vaiue- lo -Lien 87.52 3576 51,99 38.34 10.11 31 A9 10 77 45.64 17847 315.33 182.93 20669 344.23 231.82 183.86 941 29.05 8.99 8.97 33.08 274.47 462.72 19247 23326 280.64 227A6 70.01 67.84 209.36 225.45 281.00 51.36 49.13 5381 41.93 4948 51.44 9.62 968 24.20 17A4 317.75 1583 8.00 9.30 19.46 2432 6.90 119.91 381 ./a 16.77 5.32 6.78 We We el. 2780 Na 20.87 776 485 nre 2790 rVa 61.59 63 36 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessor's Total Assessed E dsfing LD`No Parcel NO. Value Liens 114-661 -03 537 129.033.00 000 114.661 -04 538 573,200.00 0.00 114 - 661 -05 539 714000.00 0.00 114 -661 -06 540 495.632.00 0.00 114- 661 -07 541 140575.00 000 114 - 662 -01 542 12246.00 000 424431 -03 543 28,938.00 000 424431 -04 544 248,831.00 0.00 424x32 -01 545 100.701.00 000 424432 -02 546 95,81800 000 424432 -03 547 139.798.00 0.00 424432 -05 548 149.386 00 000 424432 -06 549 13].07200 0.00 424432 -07 550 880,258.00 000 424432 -08 551 108.141 00 000 424432 -09 552 92,45900 000 424432 -10 553 144,74200 000 424433 -01 554 455,25700 0.00 42443302 555 427,560.00 000 424433 -03 556 430,00000 0.00 424433 -04 557 144.487 00 000 424433 -05 558 261,24100 0,00 424433 -08 559 143.047.00 0.00 424433 -09 560 157,503.00 000 424433 -11 561 157,31000 0.00 424433 -12 562 430.000 00 0.00 424433 -13 563 427,560.00 000 424434 -01 564 124,343.00 0.00 424434 -02 565 25,62500 000 424434 -03 566 323.564 00 0.00 424434 -07 567 395,724.00 0.00 424434-08 568 343,]43 00 000 424434 -09 569 295.912 00 000 424434.10 570 1,146,588.00 000 1L45 -010 -19 S71 y 000 000 571 PARCELS $185.907.096.00 $0.00 INITIAL BOND ISSUE As A Preliminarily Confirmed roved and Recorded 9.31748 9.317.48 9,31].48 9,317.48 9,31],48 9,31].49 0.00 59,]20.8] 20,1]5.83 20,1]5.83 10 858.33 0.00 852.10 3,852.10 20,175.83 20,1]5.83 4,658.74 20,1]5.83 20,1]5.83 20,1]5.83 20.175 83 20.1]5 83 1,54084 1.540.64 540.84 9,299.3] 540.64 1,540.84 1,540.84 1,540.84 1,540.84 540.84 1,540.84 46.58747 0.00 $6,205,000.00 P9oe B -9 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Prehmmanly Confirmed Approved Approvnd and Recorded 10.426.15 10.426.15 10,426.15 10,426.15 10,426.15 10.426.16 0.00 65.818.53 22.393.16 22 393.16 11,96].00 0.00 3.852.10 3,852.10 22.393 16 22,393.16 5,213.0] 22,393.16 22,393.16 22.393.16 22.393.16 22393.16 1,540 84 1,540.84 1,540.84 10130 87 1,540.84 1,540.84 1.540.84 1,54084 1,540.84 1,540.84 1.540.84 52,130.80 0.00 $6,865,000.00 Value - io-Llen 13.85 72.25 ]663 53.19 15.09 1.31 Na 4,1] 4.99 475 1287 Na 35.58 228.51 5.36 4.58 31.0] 22.56 21.19 21.31 ],16 12.95 9284 102.22 102.09 46.24 2]].49 80.]0 16.63 20999 256.82 223.09 192.05 24.61 nla 29.96 L • C J • • ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Table 2 Debt Limit Report Under the Resolution of Intention, the following satisfies the requirements of Part 7.5 of Division 4 of the California Streets and Highways Cade: 1. Estimated Balance to Assessment $ 6,865,000.00 2. Unpaid Special Assessments $ Total A+ B $ 6,865 000.00 3. True Value of Parcels" $ 185,907,096.00 Average Value to Lien Ratio 29.96:1 * Unpaid Special Assessments shall consist of the total principal sum of all unpaid special assessments previously levied or proposed to be levied other than in the instant proceedings. ** True Value of Parcels means the total value of the land and improvements as estimated and shown on the last equalized roll of the County or as otherwise reasonably calculated. Note: As it is not within the purview of this report, nor the responsibility of the Assessment Engineer, this report makes no recommendations on parcel value, economic viability or financial feasibility. CERTIFICATION I, THE UNDERSIGNED Assessment Engineer, do hereby certify that 1. The total amount of the principal sum of the special assessments proposed to be levied, together with the principal amount of previously levied special assessments, as set forth above, do not exceed one -half (1/2) the total true value of the parcels proposed to be assessed; and 2. The proposed assessment amount upon any parcel does not exceed one -half (1./2) of the true value of the parcel. EXECUTED on this day of MuniFinancial Page 2004. MuniFinancial David L. 14unt, P.E. (CF. 30514) Assessment Engineer City of Newport Beach 4t� City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) State of California • EXHIBIT 1 METHOD AND FORMULA OF ASSESSMENT BACKGROUND Statutes require that assessments levied pursuant to the Alunicipallmprovem entAct of 1913 be based on the estimated special benefit that the properties receive from the Works of Improvement. However, the law does not specify the method or formula that should be used to apportion the assessments in Assessment District proceedings. Further, Articles XIIIC and A7IID of the California Constitution require that only special benefits are assessable, that no assessment may exceed the proportional special benefit conferred on the parcel assessed and that publicly owned parcels shall not be exempt from assessment unless clear and convincing evidence demonstrates that such public owned parcels receive no special benefits from the improvements or services for which the assessment is levied. Special benefit is a particular and distinct benefit over and above general benefits conferred to the public at large on real property located in the Assessment District. General enhancement of property value does not constitute special benefit. Therefore, it is necessary, to identify the benefit that the Works of Improvement Nvill render to the properties within the Assessment District. It is also necessary that the properties receive a special and direct benefit as distinguished from general benefit to the general public. The responsibility tests with the Assessment Engincer,who is appointed for the purpose of analyzing the • facts and determining the method or formula for apportionment and the assessment obligation to the benefited properties. For these proceedings, the City has retained the Finn of MuniFinancial /Willdan as the Assessment Engineer. The Assessment Engineer makes the recommendation for the method and spread of the apportionment at the public hearing. The final authority and action rest with the City Council after hearing all evidence and testimony presented at the public hearing and the tabulation of assessment ballots. Upon conclusion of the public hearing, the City Council must make the final determination as to whether or not the assessment spread has been made in direct proportion to the special benefit received by each parcel within the Assessment District. Ballot tabulation will then be completed, and if a majority of ballots, weighted by assessment amount, arc in support of the assessment, then the City Council may establish the Assessment District. SPECIAL, BENEFIT Recognizing the special benefit properties receive from the removal of overhead utility lines and poles, the Certificate of Sufficiency verified that properuv owners submitted a petition, signed In, sixty -two (62°,'0) percent of the assessable area of property within the Assessment District boundaries. Planned improvements to the entire Assessment District will provide a special benefit as the conversion to the new distribution system w ll not only be safer, but will enhance service reliability and capacity while improving property aesthetics. • MuniFinancial Page 10 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • Further, the construction of these improvements will conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards, applicable to the value of Assessment District parcels, therefore providing a special and direct benefit to said properties. Therefore, 100% of the improvements are considered direct and special benefits only to the specific properties within the Assessment District and general benefit, if any, is de m brim us. METHOD OF ASSESSMENT All parcels are assessed based on the direct and special benefit that they receive. All of the improvements have been shown to provide direct and special benefit to the properties and Nye have determined that there is no general benefit portion of the assessment to be considered. The properties within the Assessment District are a mixture of residential and commercially zoned properties with the exception of the Newport Shores Park property. The vast majority of the parcels are zoned single - family residential parcels (R -1). Since the single - family residential parcels receive the same benefit from the undergrounding of the overhead utilities and they make up the majority of the property types within the district, they will each be assigned one equivalent benefit unit or one EBU. Special benefits ascribed to commercial and other land use types will be equated to the single- family unit or EBU. This same approach applies to the parcels located on alleyways that are being reconstructed as part of the District improvements. Only the parcels that are located along the alleyways benefit from these • improvements and receive a special benefit. Since the front footage of most of the single - family and multi - residential parcels is approximately the same, all of the residential parcels located along the alleyways will be assigned one EBU. Benefit to commercial and other land use types will be equated to the residential units or EBU. • R -2 Zoned Properties R -2 Zoned properties have the potential to have two dwelling units located on the parcel. Since each dwelling unit is likely to use a similar amount of electrical and other utility services as a typical single - family residential parcel, R -2 zoned lots will be assigned 2 EBUs per parcel. Apartment Properties Apartment site properties are assessed 1 EBU for each apartment located in the building. This is the case since each apartment unit is likely to use a similar amount of electrical and other utility services as a typical single -family residential parcel. Below is a listing of the apartment parcels and their Preliminary assessment amount. APN Assessment ID No, No. of Apartment Units EBUs Preliminary Assessment 045 -08401 508 12 12 $143,604.05 0-35 - 114 -15 530 13 12 $125.113.91 MuniFinancial Page 11 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Commercial Property • The commercial property was assigned EBUs based on the parcel's average width along the streets being undergrounded as compared to the average front footage for a single - family residential parcel. The average front footage for a single -fan ly residential parcel has been calculated at 30feet. Park The City owed park does not have connections to electricity, telephone or cable and therefore does not receive a special benefit. Consequently, these parcels will have a $0 assessment. Non Assessed and Partially Assessed Parcels Parcels that are already served by existing underground utilities (electricity and telephone) located on West Pacific Highway will not benefit from the utility improvements for this District. Therefore, they are not assessed for the utility construction costs. Parcels served with emsting underground utilities but not underground telephone service are assessed at one -half the rate of other parcels with the same land use. Detail of EBUs and Assessments After determining the number of EBUs per parcel based on the above for both utility undergrounding and for alleyway improvements, each parcels total number of EBUs were added together and divided by the total dollar amount of the specific improvements (utility undergrounding or alleyway improvements) • This resulted in a dollar amount per EBU that is then multiplied by each parcel's number of EBUs to determine the assessment amount. The incidental and financing costs are allocated to each parcel in the District on a prorated basis based on each parcel's share of the total construction costs. This percentage is then multiplied by the total cost of incidental and financing cost's to determine the individual parcel's share. The table located at the end of this section displays individually by assessor parcel number, the number of EBUs assigned for each improvement and the corresponding assessment amount. Conclusion It is my opinion that the assessments for Assessment District No. 68 (Newport Shores) are allocated in accordance with the direct and special benefit that the land receives from the Works of Improvement. MuniFinancial /W illdan David L. Hunt, P.E. (CE 30514) Assessment Engineer City of Newport Beach _ State of California MuniFinancial Page 12 City of Newport Beach • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utilitv AIIeV Costs Total Aliev Incidental Total 1st ITCC Preliminary Parcel No. I . No EBUS Costs EBUS Costs Costs Bond Issue Costs Total Assessment 045- 010 -15 1 0.0 $0.00 0.0 $000 $0.00 $0.00 $0.00 $0.00 045 -010 -16 2 0.0 0.00 0.0 0.00 0.00 0.00 O.DO 0.00 045 -010 -17 3 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 -010 -18 4 0.0 O.DO 0.0 0.00 0.00 0.00 0.00 0.00 045- 01D -20 5 0.0 0. DO 0.0 0.OD 0.00 0.00 0.00 0.00 045 - 010 -21 6 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 010 -22 7 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 -010 -23 8 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 -010 -26 9 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 051 -09 10 2.0 16,262.65 0.0 0.00 2,372.33 18,634.98 2,217.32 20,852.30 045- 051 -10 11 2.0 16.262.65 0.0 000 2,372.33 18,634.98 2.217.32 20.852.30 045- 051 -11 12 2.0 16,262.65 0.0 0.00 2,372.33 18.634.98 2.217.32 20852.30 045- 051 -12 13 2.0 16,262.65 0.0 0.00 2,372.33 18634.98 2,217.32 20852.30 045- 051 -13 14 2.0 16,262.65 0.0 0.00 2,372.34 18634.99 2,217.32 20,852.31 045- 052 -03 15 1.0 8,131.32 0.0 0.00 1,186.17 9.31749 1,108.66 10,426.15 045 -052 -04 16 1.0 8,131.32 0.0 0.00 1.186.17 9,317.49 1.108.66 10.426.15 045 -052 -05 17 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 045 -052 -06 18 10 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045- 052 -08 19 1.0 8.131.32 0.0 000 1,186.17 9,317.49 1,108.66 10,426.15 045- 052 -09 20 1.0 6,131.32 0.0 0.00 1,186.17 9.317.49 1,108.66 10,426.15 045- 052 -10 21 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045- 052 -11 22 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 045- 052 -12 23 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045 -052 -13 24 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045 -052 -14 25 1.0 8,131.32 0.0 0.00 1,186.17 9,317,49 1,108.66 10426.15 045 -053 -02 26 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -053 -03 27 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -053 -05 28 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1.108.66 11,967.00 045-053 -06 29 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -10 • 30 1.0 8.131.32 1.0 1.344.69 1,382.33 10,858.34 1.108.66 11,967.00 045- 053 -12 31 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.66 11,967.00 045 -053 -13 32 1.0 8,131.32 1.0 1344.69 1.382.33 10.858.34 1,108.66 11,967.00 045- 053 -17 33 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.66 11967.00 045 -053 -18 34 1.0 8,131.32 t.0 1344.69 1.382.33 10.858.34 1,108.66 11967.00 045- 053 -19 35 1.0 8,131.32 10 1.344.69 1382.33 10,858.34 1,108.66 11967.00 045- 053 -20 36 1.0 8.131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -21 37 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -053 -23 38 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -053 -24 39 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 - 053 -25 40 1.0 8,131.32 1.0 1,3344.69 1,38233 10.858.34 1.108.66 11,967.00 045- 053 -26 41 1.0 8.131.32 1.0 1,344 69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -27 42 1.0 8,131.32 1.0 1,34469 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -28 43 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -29 44 1.0 8,131.32 1.0 1.344.69 1.382.33 14858.34 1,108.66 11,967.00 045- 053 -30 45 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -31 46 1.0 8,131.32 1.0 1344.69 1,382.33 10,858.34 1.108.66 11967.00 045- 053 -32 47 1.0 8.131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 053 -33 48 1.0 8.131.32 0.0 0.00 1.186.17 9.31749 1.108.66 10,426.15 045 - 053 -34 49 1.0 8,131.32 DO 0.00 1,186.17 9,31749 1.108.66 10.426.15 045- 053 -35 50 1.0 8,131.32 0.0 0.00 1.186.17 9,31749 1,108.66 10,426.15 045- 053 -36 51 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1,108.66 10,426.15 045- 053 -37 52 1.0 8,131.32 0.0 000 1.186.17 9,317.49 1,108.66 10,426.15 045- 053 -38 53 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1.108.66 10,426.15 045- 053 -39 54 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045- 053 -40 55 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1,108.66 10,426.15 045 - 053 -41 56 10 8,131.32 OA 000 1,18617 9,317.49 1,108.66 10,426.15 045- 053 -42 57 1.0 8.131.32 0.0 000 1,18617 9,317.49 1.108.66 10,426.15 045- 053-45 58 1.0 8,131.32 1.0 1.34469 1,382.33 10,858.34 1,108.66 11,967.00 045 - 054 -26 59 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 045- 054 -27 60 1.0 8.131.32 00 0.00 1,186.17 9.317.49 1,108.66 1042615 045- 054 -28 61 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1,108.66 10.426.15 045 -054 -29 62 1.0 8,131.32 0.0 000 1.186.17 9,317.49 1,108.66 10.426.15 045 - 054 -30 63 1.0 8,131.32 0.0 000 1.186.17 9.31749 1,108.66 10.426.15 045 - 054 -31 64 1.0 8.131.32 0.0 0.00 1.186.17 9.317.49 1,10866 10,426.15 045 - 054.32 65 10 8,131.32 DO G00 1,186.17 9,31749 1,10866 10,426.15 045 - 05433 66 10 8,13132 0.0 000 1.18617 9,31749 1.108.66 10426.15 045 - 054 -34 • 67 1.0 8,13' 32 0.0 000 1,186.17 9,31749 1,108.66 10.42615 Page 12 -1 Assessor's Parcel No. 045 -054 -35 045- 054 -36 045 -055 -01 045- 055 -02 045- 055 -03 045- 055 -05 045- 055 -06 045 - 055 -08 045 - 055 -25 045-055 -26 114 - 661 -11 045 -055 -28 D45 -055 -29 D45- 055 -30 045 - 055 -31 045 -055 -32 045- 055 -33 045 - 055 -34 645 - 055 -35 045 -055 -36 045 -055 -37 045 - 055 -38 045 - 055 -39 045 -055 -40 045 -055 -41 045 -055 -42 045-055-43 045 -055-44 D45 -055-45 045 -055 -d6 045 -055.47 045 - 055.48 045 -055-49 045- 055 -51 045- 055 -52 045 -055 -53 045 -055 -54 045- 055 -55 045 -055 -56 045 -055 -57 045 -055 -58 045- 055 -59 045- 055 -60 045- 055 -61 D45 -055 -62 045- 056 -32 045- 056 -33 045- 056 -34 045 - 061 -06 045 -061 -10 045- 061 -11 045- 061 -12 045- 061 -13 045 - 061 -14 045- 061 -15 045- 061 -16 045- 061 -17 045- 061 -18 045 - 061 -19 045 - 061 -20 045- 061 -22 045- 061 -24 045- 061 -25 045- 061 -26 045- 061 -27 045 - 061 -28 045 - 061 -29 Assessment I.D_No. 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 B6 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Utility Costs Total Utility EBUs Costs 1.0 8.131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 0.0 0.00 1.0 8,131.32 1.0 8.131.32 1.0 6,131.32 1.0 8,131.32 1.0 B, 131.32 1.0 8.131.32 1.0 8.131.32 1.0 8,131.32 la B.131.32 1.0 8,131.32 1.0 8.131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 10 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.D 8,131.32 1.0 8,131.32 1.D 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8.131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8,131.32 1.0 8131.32 1.0 8,131.32 1.0 8,131.32 Alley Costs Total Alley Incidental Total 1st ITCC Preliminary EBUs Costs Costs Bond Issue Costs Total Assessment 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 11108.66 10,426.15 0.0 0.00 1.186.17 9.317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1.186.17 9.317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9.317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9.317.49 1,108.66 10,426.15 0.0 0.00 0.00 0.00 0.00 0.00 0.0 0.00 1,18617 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,16617 9,317.49 1.108.66 10,426.15 0.0 0.00 1,166.17 9.317.49 1.108.66 10.426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10.426.15 00 0.00 1,186.17 9,317.49 1.108.66 10.425.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10.426.15 0.0 0.00 1,186.17 9.317.49 11108.66 10.426.15 0.0 0.00 1186.17 9.317.49 1,108.66 10,426.15 0.0 0.00 1.186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1.186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10.426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 11108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 11108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1.186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1.186.17 9.317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1,108.66 10,426.15 0.0 0.00 1,186.17 9,317.49 1.108.66 10,426.15 1.0 1,344.69 1,382.33 10,858.34 1,106.66 11,967.00 1.0 1.344.69 1.382.33 10,858.34 1,108.66 11,967.00 1.0 1.344.69 1.382.33 10,858.34 1,108.66 11.967.00 1.0 1,344,69 1.382.33 10,8 58.34 1,108.66 11, 967.00 1.0 1,344M 1.382.33 10.8 58.34 1.108.66 11, 967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11,967.00 1.0 1,344.69 1.382.33 10,858.34 1,108.66 11,967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11 967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11.967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11.967.00 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11.967.00 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11.967.00 1 0 1,344.69 1,382.33 10,858.34 1.108.66 11.967.00 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11,967.00 1.0 1.344.69 1,382.33 10,858.34 1.108.66 11, 967.00 Page 12 -2 0 • • • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -3 Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No I.D. No. EBUS Costs EBUS Costs Costs Bond Issue Costs Total Assessment 045. 061 -30 135 1.0 8,131.32 1.0 1,344.69 1.38233 10,858.34 1,108.66 11,967.00 045. 061 -31 136 1.0 8,131.32 1.0 1,344.69 1.382.33 10.858.34 1,108.66 1196700 045- 061 -32 137 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -061 -33 138 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -061 -36 139 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11.967.00 045- 061 -37 140 1,0 8,13132 1.0 1.344.69 1382.33 10.858.34 1,108.66 11,967.00 045- 061 -38 141 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11.967.00 045 -062 -07 142 1.0 8.131.32 1.0 1.344.69 1,382.33 10,858.34 1.1 D8.66 11,967.00 045 -062 -08 143 1.0 8,131.32 1.0 1344.69 1,382.33 10.858.34 1,108.66 11,967.00 045 -062 -09 144 1.0 8,131.32 1.0 1.344.69 1,382.33 10.858.34 1,108.66 11,967.00 045 - 062 -10 145 1.0 8.13132 1.0 1.344.69 1382.33 10.858.34 1,108.66 11.967.00 045-062 -11 146 1.0 8,131.32 1.0 1.344.69 1382.33 10.858.34 1,108.66 11,967.00 045 -062 -12 147 1.0 8,131.32 1.0 1.344.69 1.382.33 10.858.34 1,108.66 11,967.00 045 -062 -13 148 1.0 8,131.32 1.0 1344.69 1.382.33 10,858.34 1,108.66 11,967.00 045 - 062 -15 149 1.0 8,131.32 1.0 1344.69 1.382.33 10,858.34 1,108.66 11967.00 045 -062 -16 150 1.0 8,131.32 1.0 1.344.69 1382.33 10.858.34 1,108.66 11,967.00 045 -062 -17 151 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11.967.00 045 -062 -18 152 1.0 8,131.32 1.0 1,344.69 1,382.33 10.658.34 1,108.66 11,96700 045 -062 -19 153 1.0 8,131.32 1,0 1,344.69 1.382.33 10,858.34 1,108.66 11.967.00 045 -062 -20 154 10 8.131.32 1,0 1,344.69 1,382.33 10,858.34 1A08.66 11.967.00 045 - 062 -21 155 1.0 8,131.32 1.0 1.344.69 1.382.33 10,858.34 1,108.66 11.967.00 045 -062 -22 156 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,10866 11.967.00 045 -062 -23 157 1.0 8,131.32 10 1,344.69 1,382.33 10,858.34 1,10866 11.967.00 045 - 062 -25 158 1.0 8,131.32 1.0 1.344.69 1.382.33 10.858.34 1,108.66 11.967.00 045 -062 -26 159 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11.967.00 045 -052 -27 160 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 -063 -04 161 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045 - 063 -05 162 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.66 11,967.00 • 045 -06306 045 -063 -07 163 164 1.0 1.0 8,131.32 8,131.32 1.0 1.0 1,344.69 1344.69 1.382.33 1,362.33 10,858.34 10,858.34 1,108.66 1,108.66 11,967.00 11,967.00 045 -063 -08 165 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858.34 1.108.66 11,967.00 045-063 -09 166 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.66 11.967.00 045 -06310 167 1.0 8.131.32 1.0 1.344.69 1,382.33 10,858.34 1.108.66 11,967.00 045 -06311 168 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.66 11,967M 045- 063 -12 169 1.0 8,131.32 1.0 1.344.69 1.382.33 10.858.34 1,108.66 11.967.00 045- 063 -13 170 1.0 8,131.32 1.0 1,344.69 1.382.33 10.858.34 1,108.66 11,967.00 045 -063 -15 171 1.0 8.131.32 1.0 1,344.69 1.382.33 10,858.34 1.108.66 11,967.00 045 -063 -16 172 1.0 8131.32 0.0 0.00 1,186.17 9,317.49 1,108.66 1042615 045- 063 -18 173 1.0 8,131.32 1.0 1.344.69 1.382.33 10,858.34 1,108.66 11.961.00 045 - 063 -19 174 1.0 8,131.32 1.0 1,344.69 1,38233 10,858.34 1,108.66 11,967.00 045- 063 -20 175 1.0 8.131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.66 11,967.00 045 -063 -21 176 1,0 8,131.32 1.0 1344.69 1,382.33 10.858.34 1,108.66 11.96700 045 -063 -22 111 10 8,13132 1.0 1344.69 1.38233 10.858.34 1.108.66 11,967.00 045 -063 -23 178 1.0 8.13132 1.0 1.344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 063 -24 179 1.0 8,131.32 1.0 1,344.69 1.382.33 10.858.34 1,106.66 11.967.00 045 - 064 -05 180 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.66 11,967.00 045- 064 -10 181 1.0 6,131.32 1.0 1,344.69 1.382.33 10.858.34 1,108.66 11,967.00 045- 064 -11 182 1.0 8,131.32 1.0 1.344.69 1,382.33 10.858.34 1,108.66 11,967.00 045 - 064 -12 183 1,0 8.131.32 1.0 1,344.69 1,382.33 10858.34 1,10866 11,967.00 045 -064 -13 184 1.0 8,131.32 1.0 1,344.69 1,382.33 10,85834 1,108.66 11.967.00 045 -064 -14 185 1.0 8,13132 1.0 1,344.69 1382.33 10,858.34 1,108.66 11,967.00 045 -064 -16 186 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -064 -18 187 1.0 8,131.32 1.0 1.344.69 1.38233 10.858.34 1,108.67 11,96701 045 -064 -19 188 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 1196701 045- 064 -20 189 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045 -064Q1 190 1.0 8,13132 1.0 1,344.69 1,382.33 1085834 1,108.67 11.967.01 045- 064 -22 191 1.0 8,131.32 1.0 1,344.69 1,382.33 10.85834 1,108.67 11,967.01 045- 064 -23 192 1.0 8,131.32 1.0 1,344.69 1,38233 10,858.34 1,108.67 11,967.01 045 - 064 -24 193 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11,96701 045- 064 -25 194 1.0 8,131.32 10 1,344.69 1.382.33 10858.34 1,10867 11.967.01 045 - 064.26 195 1.0 8,131.32 1.0 1,344.69 1.382.33 10858.34 1,108.67 11,967.01 045 - 064 -27 196 1.0 8.131.32 1.0 1,344.69 1.382.33 10.858 34 1.108.67 11.967 01 045- 064 -28 197 1.0 8,13132 1.0 134469 1,382.33 10.65834 1,108.67 11,96701 045 - 064 -29 198 1.0 8.131.32 1.0 1,344.69 1,382.33 10.858.34 1,10867 11,967 01 045 - 064 -30 199 1.0 8,131.32 1 0 1,344.69 1.382.33 10858.34 1,108.67 11. 467.01 045- 064 -31 200 1.0 8,131.32 10 1,344.69 1,382.33 10,858.34 1.108.67 11.967.01 • 045- 064.32 201 1.0 8.131.32 1 0 1.344.65 1,382.33 10,858 34 1,10867 11.467 01 Page 12 -3 CITY OF NEWPORT BEACH • Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessors Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D_No. EBUS Costs EBUS Costs Costs Bond Issue Costs Total Assessment 045 -064 -33 202 1,0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11967.01 045 -064 -34 203 1.0 8,131.32 1.0 1,344.69 1,382,33 10,858.34 1,108.67 11967.01 045- 064 -35 204 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858.34 1,108.67 11,967,01 045- 064 -36 205 1.0 8131.32 1.0 1,344,69 1,382.33 10,858,34 1,108.67 11,967.01 045 -065 -06 206 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858.34 1,108.67 11,967,01 045- 065 -07 207 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11 967.01 045- 065 -08 208 1.0 6,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11967.01 045- 065 -09 209 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -065 -10 210 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11967.01 045 -065 -11 211 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065 -12 212 1,0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065 -13 213 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065-14 214 1.0 6,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11967.0; 045- 065 -15 215 1.0 8,131.32 1.0 1,344.69 1,382.33 10,85634 1,108.67 11,967.01 045- 065 -16 216 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065 -17 217 1,0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -065 -18 218 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045 -065 -20 219 1.0 8.131 32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11,967.01 045 -065 -21 220 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065 -23 221 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858,34 1,108.67 11,967,01 045 -065 -24 222 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858,34 1,108.67 11,967.01 045 -065 -25 223 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858,34 1,108.67 11,967.01 045 -065 -26 224 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045. 065 -27 225 1.0 8,131.32 10 1,344.69 1,382.33 10,858.34 1,108.67 11967.01 045- 065 -29 226 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11967.01 045- 065 -30 227 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.67 11967.01 045 -06531 228 1.0 8,131.32 1.0 1.344.69 1,362.33 10,658.34 1,108.67 11967.01 045 - 065 -32 229 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -065 -33 230 1.0 8,131.32 1.0 1,344.69 1,382.33 10,856.34 1,108.67 11,967.01 045 - 065 -34 231 1.0 8,131.32 1,0 1,344.69 1,3B2.33 10,858.34 1,108.67 11967,01 • 045.06535 232 1,0 8,13132 1,0 1,344.69 1,382.33 10,856.34 1.108.67 11967.01 045,065 -36 233 1.0 8,131.32 1,0 1,344.69 1.382.33 10,858.34 1,108.67 11967.01 045. 065 -37 234 1,0 8,131.32 1.0 1,344,69 1,362.33 10.858.34 1,108.67 11,967.01 045- 065 -38 235 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065 -39 236 1.0 8,131.32 1.0 1,344.69 1.382.33 10,658.34 1,108.67 11,967.01 045- 065-40 237 1.0 8,131.32 1.0 1,344,69 1,382.33 10,858.34 1,108.67 11,967.01 045- 065-41 238 1,0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -066 -07 239 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -066 -08 240 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 066 -09 241 1.0 8,131.32 1.0 1,344,69 1,362.33 10.858.34 1,108.67 11,967.01 045- 066 -10 242 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 066 -11 243 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1.108.67 11,967.01 045- 066 -12 244 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858,34 1,108.67 11,967.01 045 - 066 -13 245 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -066 -14 246 10- 8,131.32 1.0 1,344.69 1.3B2.33 10,858,34 1,108.67 11967.01 045- 066 -15 247 1.0 8.131.32 1.0 1,344.69 1,382,33 10,858.34 1,108.67 11967.01 045 - 066 -16 248 1.0 8,131.32 1.0 1,344,69 1.382.33 10,658.34 1.108.67 11,967.01 045,066 -17 249 1.0 8,13132 1.0 1,344.69 1,382.33 10.85B,34 1,108.67 11,967.01 045 -066 -18 250 1.0 6,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 066 -19 251 1.0 8,131.32 1.0 1,344.69 1,362.33 10,858.34 1,108.67 11,967.01 045 - 066 -20 252 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 - 066 -22 253 1.0 8,131.32 1.0 1,344,69 1,382.33 10,856.34 1,108.67 11,967.01 045- 066 -23 254 1.0 8.13132 10 1.344.69 1,382.33 10.858.34 1.108.67 11,967.01 045 - 066 -24 255 1.0 8.131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045- 066 -25 256 1.0 8,131.32 1.0 1,344.69 1,382.33 10858.34 1,108.67 11,967.01 045- 066.26 257 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045 - 066 -27 258 1.0 6,131.32 1.0 1.344,69 1,382.33 10,858,34 1,106.67 11,967.01 045. 066 -28 259 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1.108.67 11,967.01 045. 066 -29 260 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1.108.67 11,967.01 045- 066 -30 261 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 - 065 -31 262 1.0 6,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11,967,^,1 045. 066 -32 263 1.0 8.131.32 1.0 1,344.69 1,38233 10,856.34 1.108.67 11.967.01 045. 066 -33 264 1.0 8,131.32 1.0 1.344.69 1,36233 10358.34 1,108.67 11,96701 045- 066.34 265 1.0 8.131.32 1.0 1.344.69 1.382.33 10.858.34 1,10867 11,967.01 045 - 066.35 266 10 8.131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11,967.01 045 -066 -36 267 10 6131 32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11,967 01 045- 066 -37 268 1.0 8.131.32 1.0 1344.69 1.382 33 10.858.34 1.106.67 11.967 01 • Page 12 -4 • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -5 Assessor's Assessment UtilitY Costs Total Utility AIIeV Costs Total AIIeV Incidental Total 1st ITCC Preliminary Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 066 -38 269 1.0 8.13132 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -066 -39 270 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1.108.67 10,42616 045 -06640 271 1.0 8.131.32 0.0 0.00 1,186.17 9.317.49 1,108.67 10.426.16 045 -066-41 272 1.0 8,131.32 0.0 D.00 1,186.17 9,317.49 1,108.67 10,426.16 045- 066-42 273 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10.426.16 045 -066-43 274 1.0 8,131.32 0.0 O.OD 1,186.17 9317.49 1,106.67 10,426.16 045 -066-44 275 1.0 8,131.32 0.0 0.00 1.186.17 9,317.49 1.108.67 10.426.16 045- 066-45 276 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045- 066-46 277 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045 -066-47 278 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,106.67 10.426.16 045- 066-48 279 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045 -066-49 280 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10A26.16 045 -066 -50 281 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045 -066 -51 282 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10,426.16 045 - 066 -52 283 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1.108.67 10,426.16 045 - 066 -53 284 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10.426.16 045- 067 -02 285 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -06 286 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11,967.01 045- 067 -10 287 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.67 11.967.01 045- 067 -12 288 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045- 067 -13 289 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1.108.67 11.967.01 045 -067 -14 290 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -15 291 1.0 8,131.32 1.0 1,344.69 1382.33 10,858.34 1,108.67 11,967.01 045- 067 -16 292 1.0 8,131.32 1.0 1344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -17 293 1.0 8.131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -18 294 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,106.67 11,967.01 045 -067 -19 295 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -067 -20 296 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967, 01 045- 067 -21 297 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,1 D8.67 11,967.01 • 045 -067 -22 298 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11,967.01 045 -067 -23 299 1.0 8,131.32 1.0 1344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -067 -24 300 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -067 -25 301 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -26 302 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -067 -27 303 1.0 8,131.32 1.0 1344.69 1.382.33 10,858.34 1,108.67 11,967.01 045 -067 -28 304 1.0 8,131.32 1.0 1,344.69 1,382.33 10,85834 1,108.67 11.967.01 045 -067 -29 305 1.0 8,131.32 1.0 1,344.69 1,38233 10,85834 1,108.67 11,967.01 045- 067 -30 3D6 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045- 067 -31 307 1.0 8,13132 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11,967.01 045- 067 -32 308 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045 -067 -34 309 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -35 310 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1,108.67 10.426.16 045- 067 -37 311 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11,967.01 045- 067 -38 312 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1.108.67 11,967.01 045- 067 -39 313 1.0 6,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11.967.01 045 -067AO 314 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -41 315 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067-42 316 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11.967.01 045- 067-43 317 1.0 8,131.32 1.0 134469 1,382.33 10,858.34 1,108.67 11,967.01 045- 067-44 318 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11.967.01 045 -067-45 319 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 - 067-46 320 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11,967.01 045- 067 -47 321 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -48 322 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -49 323 1.0 8,131.32 1.0 1344.69 1,382.33 10,858.34 1,108.67 11,967.01 045 -067 -50 324 1.0 8,131.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -51 325 1.0 8,131.32 1.0 1,344.69 1,382.33 10.858.34 1,108.67 11,967.01 045- 067 -52 326 1.0 8,731.32 1.0 1,344.69 1,382.33 10,858.34 1,108.67 11,967.01 045- 067 -53 327 1.0 8,131.32 t.D 1,344.69 1,382.33 10,858.34 1,10867 11.967.01 045- 067 -54 328 1.0 8,131.32 1.0 7344.69 1,38233 10.858.34 1,108.67 11.967,D1 045- 067 -55 329 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,10867 11.967.01 045- 067 -56 330 1.0 8,131.32 1.0 1.344.69 1,382.33 10,858.34 1,108.67 11.967.01 045- 067 -57 331 1.0 8,131.32 1.0 1.344.69 1.382.33 10,858.34 1,108.67 11.967.01 045 - 071 -18 332 2.0 16.262.65 1.0 1.344.69 2,568.50 20,175.84 2,217.33 22,393.17 045- 071 -20 333 2.0 16,262.66 1.0 1,344.69 2,568.50 20.175.85 2,21733 22,39118 045- 077 -22 334 1.0 8,131.33 ' 1.0 1.344.69 1382.33 10.858.35 1,10867 11,967.02 • 045 - 071 -23 335 1.0 8,131.33 1.0 1.34469 1,382.33 10,858.35 1,108.67 11,96702 Page 12 -5 CITY OF NEWPORT BEACH • Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 071 -24 336 1.0 8,131.33 1.0 1,344.69 1,382.33 10858.35 1,108.67 11,967.02 045 -071 -25 337 1.0 8,131.33 1.0 1,344.69 1.382.33 10,858.35 1,108.67 11,967.02 045 -071 -26 338 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -071 -27 339 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -071 -26 340 1.0 8,131.33 1.0 1344.69 1.382.33 10,858.35 1,108.67 11,967.02 045 -071 -31 341 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1,108.67 10,426.17 045- 071 -32 342 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1.108.67 10,426.17 045 -071 -35 343 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1,108.67 11967.02 045 -071 -36 344 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 17 967.02 045- 071 -37 345 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1,108.67 11967.02 045 -071 -38 346 1.0 8,13133 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11,967.02 045 -071 -39 347 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -07100 348 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -07101 349 1.0 8,131.33 1.0 1.344.69 1,362.33 10,858.35 1,108.67 11967.02 045 -07102 350 1.0 8,131.33 1.0 1,344.69 1.382.33 10,858.35 1,108.67 11,967.02 045 -07103 351 1.0 8,131.33 1.0 1,344.69 1.382.33 10.858.35 1,108.67 11967.02 045 -071-04 352 2.0 16,26266 1.0 1,344.69 2,568.50 20,175.85 2,217.33 22393.18 045- 071-46 353 2.0 16,262.66 1.0 1,344.69 2.568.50 20,175.85 2,217.33 22,393.18 045 - 071 -47 354 2.0 16,262.66 1.0 1,344.69 2,568.50 20,175.85 2,217.33 22,393.18 045 -071 -50 355 2.0 16,262.66 1.0 1,344.69 2,568.50 20,175.85 2,217.33 22,393.18 045 - 071 -52 356 2.0 16,262.66 1.0 1,344.69 2,568.50 20,175.85 2,217.33 22,393.18 045- 071 -53 357 2.0 16,262.66 10 1344.69 2,568.50 20,175.85 2,217.33 22,393.18 045 - 071 -54 358 2.0 16.262.66 1.0 1344.69 2,568.50 20,175.85 2,217.33 22,393.18 045- 071 -55 359 2.0 16.262.66 1.0 1,344.69 2,568.50 20,175.85 2,217.33 22,393.18 045 -071 -56 360 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1,108.67 10,426.17 045 -071 -57 361 1.0 8,131.33 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11,967.02 045 -071 -58 362 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -07 363 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1.108.67 11,967.02 045 -072 -09 364 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -12 365 1.0 8,131.33 1.0 1344.69 1,382.33 10858.35 1,108.67 11,967.02 • 045 -072 -15 366 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -072 -16 367 1.0 8,131.33 1.0 1344.69 1382.33 10,858.35 1,108.67 11,967.02 045- 072 -17 368 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -072 -18 369 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1.108.67 11,967.02 045 -072 -19 370 1.0 8.131.33 1.0 1,344.69 1.382.33 10,858.35 1,108.67 11,967.02 045- 072 -20 371 1.0 8,131.33 1.0 1,344.69 1,382.33 10,85835 1,108.67 11,967.02 045 -072 -21 372 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11967.02 045- 072 -22 373 1.0 8,131.33 10 1,344.69 1,382.33 10858.35 1,108.67 11,967.02 045 -072 -23 374 1.0 8,131.33 1.0 1,344.69 1382.33 10,858.35 1,108.67 11.967.02 045- 072 -24 375 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -25 376 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11.967.02 045- 072 -26 377 1.0 8,131.33 1.0 1,344.69. 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -28 378 10 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -29 379 1.0 8,131.33 1.0 1.344.69 1.382.33 10,858.35 1,108.67 11,967.02 045- 072 -30 380 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1.108.67 11,967.02 045 -072 -31 381 1.0 8.131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -072 -32 382 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -33 383 1.0 8,131.33 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11967.02 045 -072 -34 384 1.0 8,131.33 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11967.02 045- 072 -35 385 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045- 072 -36 386 1.0 8,131.33 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11,967.02 045 -072 -37 387 1.0 8,131.33 1.0 1,344.69 1382.33 10,858.35 1,108.67 11,967.02 045- 072 -39 388 1.0 8.131.33 1.0 1344.69 1.382.33 10,858.35 1.108.67 11.967.02 045- 072-40 389 1.0 8,131.33 1.0 1344.69 1,382.33 10,858.35 1.10867 11,967.02 045- 072 -41 390 1.0 8,131.33 1.0 1,344.69 1,382.33 10,858.35 1,108.67 11,967.02 045 -072 -42 391 10 8.131.33 1.0 1.34469 1,382.33 10.858.35 1,108.67 11,967.02 045- 072 -43 392 1.0 8.13133 1.0 1,344.69 1,382.33 10.858.35 1,108.67 11,967.02 045 -07204 393 1.0 8,131.33 10 1,344.69 1.382.33 10,858.35 1,108.67 11.967.02 045- 072 -45 394 1.0 8,13133 1.0 1.344.69 1,3823 10.858.35 1,108.67 11.967.02 045 -07206 395 1.0 8,131.33 1.0 1344.69 1.38233 1D, 85835 1.108.67 11,967.02 045 -07207 396 1.0 8,131.33 1.0 1,344.69 1.382.33 10,858.35 1.108.67 11,967.02 045- 072 -50 397 1.0 8,131.33 1.0 1,344.69 1.382.33 10,858.35 1,108.67 11.967.02 045 - 072 -51 398 1.0 8.131.33 1.0 1,344.69 1.382.33 10.858.35 1,108.67 11,967.02 045 -07252 399 10 8.131.33 1.0 1,344.68 1.382.33 10.858.34 1.108.67 11,967.01 045- 072 -53 400 i.0 8131.33 1.0 1,344.68 1.332.33 10.85834 1.108.67 11,967.01 045- 072 -54 401 1.0 8.131.33 1.0 1,34468 1,382.33 10.85834 1,108.67 11,967.01 045- 072 -55 402 1.0 8.131.33 10 1,344.68 138233 10.858.34 1,108.67 :1,967.01 • Page 12 -6 • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total tsl ITCC Preliminary Parcel No. I.D. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 -072 -56 403 1.0 8,131.33 1.0 1,344,68 1,382.33 10,858.34 1,1D8.67 11,967.01 045-072 -57 404 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 072 -58 405 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 072 -59 406 1.0 8,131.33 1.0 1,344.68 1,38233 10,858.34 1,108.67 11,967.01 045 -072 -60 407 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045072 -61 408 1.0 8,131.33 1.0 1,344.68 1,382.33 10858.34 1,108.67 11,967.01 045 072 -62 409 1.0 8,131.33 1.0 1,344.68 1382.33 10,858.34 1,108.67 11,967.01 045- 073 -07 410 1.0 8,13133 1.0 1,344.68 1,382.33 10,85834 1,108.67 11,967.01 045- 073 -08 411 1.0 8,131.33 10 1344.68 1,38233 10,858.34 1,108.67 11,967.01 045- 073 -09 412 1.0 8,131.33 1.0 1,344.68 1,38233 10,858.34 1,108.67 11,967.01 045 -073 -10 413 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -11 414 1.0 8,13133 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -12 415 1.0 8,131.33 1.0 1,344.68 1,382.33 10,85834 1.108.67 11,967.01 045- 073 -13 416 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -14 417 1.0 8,131.33 1.0 1,344.68 1,38233 10,858.34 1,108.67 11,967.01 045- 073 -15 418 1.0 8,131.33 1.0 1344.68 1,38233 10,858.34 1,108.67 11,967.01 045- 073 -16 419 1.0 8,131.33 1.0 1344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -17 420 1.0 8,131.33 1.0 1,344.68 1,382.33 10,85834 1,108.67 11,967. D7 045- 073 -18 421 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -19 422 1.0 8,131.33 1.0 1,34468 1,38233 10,858.34 1,108.67 11,967.01 045- 073 -20 423 1.0 8,131.33 1.0 1344.68 1,382.33 10,858.34 1,108.67 11,967.01 045 - 073 -21 424 1.0 8,131.33 1.0 1344.68 1,382.33 10,858.34 1,108.67 11,967.01 045 - 073 -22 425 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -23 426 1.0 8,131.33 1.0 1344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -24 427 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -25 428 1.0 8,131.33 1.0 1,344,68 1,38233 10,858.34 1,108.67 11,967.01 045- 073 -26 429 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 073 -27 430 1,0 8.131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045 -073 -29 431 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1708.67 11,967.01 045- 074 -05 • 432 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1,108.67 10,426.17 045 -074 -06 433 1.0 8,131.33 0.0 0.00 1,186.17 9317.50 1,108.67 10,426.17 045 - 074 -07 434 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1,108.67 10,426.17 045 -074 -08 435 1.0 8,131.33 0.0 000 1,186.17 9,317.50 1,108.67 10,426.17 045 -074 -D9 436 1.0 8,131.33 0.0 000 1,186.17 9,317.50 1,108.67 10,426.17 D45- 074 -10 437 1.0 8,131.33 0.0 0.00 1,186.17 9,317.50 1,108.67 10,426.17 045- 074 -11 438 1.0 8,131.33 0.0 0.00 1,186.16 9,317.49 1,108.67 10,426,16 045- 074 -12 439 1.0 8,131.33 0.0 000 1,186.16 9,317.49 1.10867 10,426.16 045- 074 -13 440 1.0 8,131.33 0.0 0.00 1,186.16 9,317.49 1,108.67 10,426.16 045 - 074 -14 441 1.0 8,131.33 0.0 0.00 1,18616 9,317.49 1,108.67 10.426.16 045 - 074 -15 442 1.0 8,131.33 0.0 000 1,186.16 9,317.49 1,108.67 10,426.16 045- 074 -16 443 1.0 8,131.33 0.0 0.00 1,186.16 9,317.49 1,108.67 10,426.16 045- 074 -17 444 1.0 8,13133 0.0 0.00 1,186.16 9,317.49 1,108.67 10,426.16 045- 074 -18 445 1.0 8,131.33 0.0 0.00 1,186.16 931249 1,108.67 10,426.16 045- 074 -20 446 1.0 8,131.33 0.0 0.00 1,186.16 9,317.49 1,108.67 10.426.16 045- 075 -07 - 447 1.0 8,131.33 1.0 1,344.68 1,382.32 10,658.33 1,108.67. 11,967.00 045- 075 -08 448 1.0 8,131.33 1.0 1,344.68 1.382.32 10,858.33 1,108.67 11,967.00 045- 075 -09 449 1.0 8,131.33 1.0 1.344.68 1,382.32 10,85833 1,108.67 11,967.00 045- 075 -10 450 1.0 8,131.33 1.0 1.344.68 1,382.32 10,858.33 1,108.67 11,96200 045- 075 -11 451 1.0 8,131.33 1.0 1344.68 1,382.32 10,858.33 1,108.67 11,967.00 045- 075 -12 452 1.0 8,131.33 1.0 7344.68 1,382.32 10,858.33 1,108.67 11.967.00 045- 075 -13 453 1.0 8,131.33 1.0 1,344.68 1,382.32 10,858.33 1,108.67 11,967.00 045- 075 -14 454 1.0 8,131.33 1.0 1,344.68 1,382.32 10,858.33 1,108.67 11,96200 045- 075 -15 455 1.0 8,131.33 1.0 1,344.68 1,382.32 10,85833 1.108.67 11,967.00 045 D75 -18 456 1.0 8,131.33 1.0 1,344.68 1,382.32 10,858.33 1,108.67 11,96200 045 - 07519 457 1.0 8,131.33 - 1,0 1,344.68 1,382.32 10,85833 1.108.67 11.967.00 045- 075 -20 458 1.0 8,131.33 1.0 1,344.68 1,38232 10,858.33 1,108.67 11.967.00 045- 075 -21 459 1.0 8,131.33 1.0 1,344.68 1382.32 10,858.33 1,108.67 11,967.00 045- 075 -22 460 1.0 8,131.33 1.0 1,344.68 1,382.32 10,85833 1.108.67 11,967.00 045. 075 -23 461 1,0 8,131.33 1.0 1,344.68 1,382.32 10,858.33 1,108.67 11,967.00 045- 075 -24 462 1.0 8131.33 1.0 1,344.68 1.382.32 10,85833 1.108.67 11,962D0 045 - 075 -25 463 1.0 8.13133 1.0 1,344.68 1,382.32 10.858.33 1.10867 11,967.00 045 - 075 -26 464 1.0 8.131.33 1.0 1,344.68 1,38232 10,85833 1,108.67 11,967.00 045- 075 -27 465 1.0 8,131.33 0.0 0.00 1,18616 9,317.49 1,108.67 10426.16 045- 075 -28 466 1.0 8,131.33 0.0 0.00 1,186,16 9,317.49 1,108.67 1D, 426.16 045- 075 -29 467 10 8,13133 0.0 000 1,186.16 9,317.49 1.10867 10.426.16 045- 075 -30 468 1.0 8.131.33 0.0 0.00 1.186.16 9,31749 1.108.67 10,42616 045- 075 -31 • 469 1.0 8.131.33 0.0 000 1,186.16 9,317.49 1,108.67 10,426.16 Page 12 -7 CITY OF NEWPORT BEACH • Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 075 -32 470 1.0 8.131.33 0.0 0.00 1,186.16 9.317.49 1,108.67 10,426.16 045075 -35 471 2.0 16,262.66 0.0 0.00 2,372.34 18.635.00 2.217.33 20,852.33 045- 075 -36 472 1.0 8,131.33 0.0 0.00 1,186.16 9.317.49 1.108.67 10,426.16 045 - 075-37 473 1.0 8,131.33 0.0 0.00 1.186.16 9,317.49 1,108.67 10,426.16 045- 075-38 474 1.0 8,131.33 0.0 0.00 1,186.16 9,317.49 1.108.67 10,426.16 045- 081 -07 475 1.0 8.131.33 1.0 1.344.68 1,382.33 10.858.34 1,108.67 11,967.01 045- 081 -08 476 1.0 8,131.33 1.0 1,344.68 1,382.33 10,858.34 1,108.67 11,967.01 045- 081 -09 477 1.0 8,131.33 1.0 1.344.68 1,382.33 10,858.34 1.108.67 11,967.01 045 - 081 -14 478 0.0 0.00 1.0 1.344.68 196.16 1,540.84 0.00 1,540.84 045 - 081 -15 479 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1.540.84 045- 081 -16 480 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 045- 081 -17 481 0.0 0.00 1.0 1,344.66 196.16 1,540.84 0.00 1,540.84 045 - 081 -18 482 0.0 0.00 1.0 1.344.68 196.16 1.540.84 0.00 1,540.84 045- 081 -19 483 0.0 0.00 1.0 1.344.68 196.16 1.540.84 0.00 1,540.84 045- 081 -20 484 0.0 0.00 1.0 1,344.68 196.16 1.540.84 0.00 1,540.84 045 -082-04 485 1.0 8,131.32 1.0 1,344.68 1,382.33 10.858.33 1.108.67 11,967.00 045 -082 -05 486 1.0 8,131.32 1.0 1,344.66 1.382.33 10.858.33 1.108.67 11,967.00 045-082 -06 487 1.0 8.131.32 1.0 1,344.66 1.382.33 10,858.33 1,108.67 11,967.00 045- 082 -07 488 1.0 8,131.32 1.0 1,344.68 1,382.33 10,858.33 1.108.67 11,967.00 045- 082 -08 489 1.0 8,131.32 1.0 1,344.68 1,382.33 10,858.33 1,108.67 11,967.00 045-082 -10 490 0.0 0.00 1.0 1.344.68 196.16 1,540.84 0.00 1,540.84 045- 082 -11 491 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 045- 082 -13 492 0.0 0.00 1.0 1,344.68 196.16 1.540.84 0.00 1.540.84 045-082 -16 493 0.0 0.00 1.0 1.344.68 196.16 1,540.84 0.00 1,540.84 045-082 -17 494 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 045 -083 -01 495 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 045 -083 -09 496 0.5 4,065.66 1.0 1,344.68 789.24 6,199.58 554.33 6,753.91 045 - 083 -10 497 0.5 4065.66 1.0 1,344.68 789.24 6,199.58 554.33 6,753.91 045- 083 -11 498 0.0 0.00 1.0 1.344.68 196.16 1,540.84 0.00 1,540.84 045- 083-12 499 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 • 045-083 -13 500 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 939 - 720 -01 501 0.5 4,065.66 0.5 672.33 691.16 5.429.15 554.33 5.983.48 939 -720 -02 502 0.5 4,065.66 0.5 672.33 691.16 5,429.15 554.33 5.983.48 939 - 720 -03 503 0.5 4,065.66 0.5 672.33 691.16 5.429.15 554.33 5,983.48 939 -720 -04 504 0.5 4,065.66 0.5 672.33 691.16 5,429.15 554.33 5,983.48 939 -720 -05 505 0.5 4,065.66 0.5 672.33 691.16 5,429.15 554.33 5,983.48 939 - 720 -06 506 0.5 4,065.66 0.5 672.33 691.16 5,429.15 554.33 5,983.48 045- 083 -15 507 0.8 6,098.49 1.5 2.017.02 1,183.86 9,299.37 831.50 10,130.87 045- 084 -01 508 12.0 97,575.88 12.0 16,136.24 16,587.94 130,300.06 13,303.99 143.604.05 045- 084 -03 509 110 8,131.32 0.0 0.00 1.186.17 9,317.49 1,108.67 10,426.16 045- 084 -04 510 1.0 8,131.32 1.0 1,344.69 1.382.33 10,858.34 1,108.67 11.967.01 045- 084 -06 511 0.0 0.00 2.0 2.689.37 392.32 3,081.69 0.00 3,081.69 045- 084 -09 512 3.7 29,841.96 3.7 4.935.00 5,073.15 39,850.11 4.068.80 43.918.91 045 -084 -10 513 1.0 8,131.32 0.0 0.00 1,186.17 9,317.49 1.108.67 10,426.16 045- 111 -15 514 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1,108.67 10,426.16 045 - 111 -17 515 1.0 8,131.32 0.0 0.00 1,186.17 9.317.49 1,108.67 10,426.16 045- 111 -18 516 1.0 8,131.32 0.0 0.00 1.186.17 9.317.49 1,108.67 10.426.16 045- 111 -19 517 3.5 28,215.69 0.0 0.00 4,116.01 32,331.70 3.847.07 36.178.77 045- 111 -20 518 4.2 33,907.62 0.0 0.00 4,946.33 38,853.95 4,623.14 43,477.09 045- 112 -01 519 3.0 24 393.97 3.0 4.034.06 4146.99 32,575.02 3.326.00 35,901.02 045 - 112 -08 520 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0100 045 - 112 -09 521 0.0 0100 2.5 3,361.72 490.40 3,852.12 0.00 3,852.12 045- 112 -10 522 5.5 44,722.28 5.5 7,395.78 7,602.81 59,720.87 6.097.66 65,616.53 045- 112 -11 523 2.5 20,328.31 0.0 0.00 2,965.43 23,293.74 2,771.67 26,065.41 045 - 113 -01 524 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 113 -02 525 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 113 -03 526 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 114 -08 527 0.5 4.065.66 0.0 0.00 593.08 4.658.74 554.33 5,213.07 045 - 114 -09 528 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 114 -13 529 2.0 16,262.65 0.0 0.00 2.372.34 18,634.99 2.217.33 20,852.32 045 - 114 -15 530 12.0 97,575.88 0.0 0.00 14,234.04 111,809.92 13,303.99 125,113.91 045 - 114 -16 531 7.0 56 919.26 0.0 0.00 8,303.19 65.222.45 7.760.66 72,983.11 045- 115 -01 532 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 115 -08 533 2.0 16,262.65 0.0 0.00 2.372.34 18,634.99 2,217.33 20.852.32 045 - 115 -10 534 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114. 661 -01 535 1.0 8,131.32 0.0 0.00 1,186.16 9,317.48 1,108.67 10,426.15 114 - 661 -02 536 1.0 8,131.32 00 000 1,186.16 9,317.48 1.108.67 10,426.15 • Page 12 -8 • CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation • Page 12 -9 Assessor's Assessment Utility Costs Total Utllitv AIIeY Costs Total AIIeY Incidental Total 1st ITCC Preliminary Parcel No. I.D. No EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 114-661 -03 537 1.0 8.131.32 0.0 0.00 1.186.16 9,317.48 1108.67 10,426.15 114 -661 -04 538 1.0 8.131.32 0.0 0.00 1.186.16 9,317.48 1.108.67 10,426.15 114 -661 -05 539 1.0 8,131.32 0.0 0.00 1.186.16 9,317.48 1,108.67 10,426.15 114 -661 -06 540 1.0 8,131.32 0.0 0.00 1,186.16 9.317.48 1,108.67 10,426.15 114 -661 -07 541 1.0 8,131.32 0.0 0.00 1,186.16 9317.48 1,108.67 10,426.15 114 -662 -01 542 1.0 8,131.32 0.0 OM 1,186.17 9,317.49 1,108.67 10,426.16 424431 -03 543 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 -431 -04 544 5.5 44,722.28 5.5 7.395.78 7,602.81 59,720.87 6,097.66 65,818.53 424 -432 -01 545 2.0 16,262.65 1.0 1,344.68 2,568.50 20.175.83 2,217.33 22.393.16 424 -432 -02 546 2.0 16,262.65 1.0 1,344.68 2.568.50 20,175.83 2.217.33 22,393.16 424. 432 -03 547 1.0 6.131.32 1.0 1.344.68 1.382.33 10.858.33 1,108.67 11,967.00 424432 -05 548 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 -432 -06 549 0.0 0.00 2.5 3,361.71 490.39 3,852.10 000 3,852.10 424 -432 -07 550 0.0 0.00 2.5 3,361.71 490.39 3.852.10 0.00 3.852.10 424 -432 -08 551 2.0 16,262.65 1.0 1,344.68 2.568.50 20.175.83 2.217.33 22.393.16 424432 -09 552 2.0 16.262.65 1.0 1,344.68 2.568.50 20,175.83 2,217.33 22,393.16 424432 -10 553 0.5 4,065.66 0.0 0.00 59108 4,658.74 554.33 5,213.07 424 -433 -01 554 2.0 16,262.65 1.0 1,344.68 2,568.50 20,175.83 2.217.33 22,393.16 424 -433 -02 555 2.0 16.262.65 1.0 1,344.68 2.568.50 20,175.83 2,217.33 22,393.16 424 - 433 -03 556 2.0 16,262.65 1.0 1,344.68 2.568.50 20.175.83 2,217.33 22,393.16 424433 -04 557 2.0 16.262.65 1.0 1,344.68 2.568.50 20.175.83 2,217.33 22.393.16 424 -433 -05 558 2.0 16,262.65 1.0 1,344.68 2,568.50 20.175.83 2,21733 22.393.16 424433 -08 559 0.0 0.00 1.0 1,344.68 196.16 1.540.84 0.00 1.540.84 424 -433 -09 560 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 424 - 433 -11 561 0.0 0.00 1.0 1344.68 196.16 1.54184 0.00 1.540.84 424433 -12 562 0.8 6,098.49 1.5 2,017.02 1.183.86 9.299.37 831.50 10,130.87 424 - 433-13 563 0.0 0.00 1.0 1.344.68 196.16 1,540.84 0.00 1,540.84 424 -434 -11 564 0.0 0.00 1.0 1,344.68 196.16 1.540.84 0.00 1.540.84 424 -434 -02 565 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1.540.84 • 424 -434 -03 566 0.0 0.00 1.0 1344.68 196.16 1.540.84 0.00 1,540.84 424434 -07 567 0.0 0.00 1.0 1344.68 196.16 1,540.84 0.00 1.540.84 424 -434 -08 568 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1.540.84 424 -034 -09 569 0.0 0.00 1.0 1,344.68 196.16 1,540.84 0.00 1,540.84 424 -434 -10 570 5.0 40.656.62 0.0 0.00 51930.85 46.587.47 5,543.33 52130.80 045 - 010 -19 571 0.0 "D 0.0 0,00 0-04 0.00 0.00 0,00 TOTAL 595.3 $4840.658.05 427.2 $574410.00 $ 789 ,931.95$6,205,000.00$660,000.00 $6,865,000.00 • Page 12 -9 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached was filed with me on this day of , 2004. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received preliminary approval by the City Council of the City of Newport Beach, California on this day of 2004 Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the Engineer's Report, together with the Assessment and Assessment • Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of 12004. Clerk of the City Council, City of Newport Beach, California I HFREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached was recorded in my office on the day of 2004. Superintendent of Streets City of Newport Beach, Califoriva • MuniFinancial Page 13 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • Section IV MAXIMUM ANNUAL ADMINISTRATIVE COST E • In addition to or as a part of the assessment lien levied against each parcel of land within the Improvement District, an annual administrative assessment shall be levied on each parcel of land and subdivision of land within the Assessment District to pay for necessary costs and expenses incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, or both from the administration or registration of any bonds and reserve or other related funds. The annual administrative assessment is authorized pursuant to the provisions of (10204(%) of the Streets e' Highmayr Cade. The annual administrative assessment shall not exceed $50.00 per individual assessment parcel and will be collected in the same manner and in the same installments as the assessment levied to pay the cost for the Works of Improvement. This annual administrative assessment is subject to an annual increase, based upon increases in the Consumer Price Index (CPI) during the preceding year ending january, for all Urban Consumers in the Los Angeles - Riverside - Orange County areas. The exact amount of the administrative assessment shall be established each year by the Superintendent of Streets MuniFinancial Page 14 city of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • CITY OF NEWPORT BEACH Section V ASSESSMENT DIAGRAM & BOUNDARY MAP Pursuant to the Act, a Diagram showing the Assessment District, the boundaries, and the dimensions of the subdivisions of land within the Assessment District as they existed at the time of the passage of the Resolution of Intention is filed with and made a part of this Report and part of the assessment. Each of the subdivisions of land, parcels, or lots will be given a separate number on the Assessment Diagram, which corresponds with the assessment number shown on the Assessment Roll (Exhibit Q. The Assessment Diagram and Boundary Map in a reduced -scale format follows. • • MuniFinancial Page 14 City of Newport Beach 0 0 � 2 \ - ~° \ \ j \\/ » e 4 16 i \ ([ ' o e � » \ /} \ \ Z Q !, . y { ;\ \ - )\ \ \ : 2 )/ \ § } GG® 2 } \) \ �� E V) ( §/ \ \ \ \ \ \ ± J \ EE is Wom-uxs y ! & is 133dSO8d � is wm 3 — — — ` / It _ & / '15 MMO is / .\ w ° ; c24 :16 l • • .0 n SEE SHEET+ 5- I,- o 2 s U 4 � v) og 'is 1nN]VM - o o m Z 3 W ter° °oQ p Q W VZ Fvy ° 00000 000000000 08000 g s a_ �. 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O (D U O Q�� mztt Fao 1S H109 po° 0 0 z 0 w z 3. z o zw � 3 °'oa FS W o W nv O i� Q < zo Q '1S 1(1NlVM _ 0 m z 1 J w <n .r-1 y � /o�ololo�lol�o l o 0000 = 0000000 '1S ON033S — J,iXIS C� > _ 0 m 1S 133dSMJd 1S 2]VO33 00 ~ co a 0 U os O O 00 :2 a (if ~ aw? O (D U O Q�� mztt Fao 1S H109 po° 0 0 z 0 w z 3. z o zw � 3 °'oa W nv O W Q < Q � /o�ololo�lol�o l o 0000 = 0000000 '1S ON033S — J,iXIS C� > _ 0 m 1S 133dSMJd 1S 2]VO33 V O��O�O�OOOOVOOOO�OOv00 ~ co a 0 U os O O V O ~ co a 0 U os O O '1S 1(1NlVM _ 1 J i (� TTrL X777 r.L�,7 .r-1 y ._ _ _ _ _ _ _ _ _ - _ _ C So. Yo t,. ? ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • Section VI GENERAL DESCRIPTION OF ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) §10100 of the Act provides for the legislative body of any municipality to finance certain capital facilities and services within or along its streets or any public way or easement. The proposed improvements, allowed under the Act and subject of this report, will be constructed in the area referred to as Assessment District No. 68 (Newport Shores) and are briefly described as follows: The Assessment District generally includes properties that are referred to as the Assessment District No. 68 (Newport Shores) area. This area is located in the western portion of the City and generally includes those properties along Canal Street; 62nd Street; 61" Street; Newport Shores Drive; Grant Street; Fern Street; Orange Street; Colton Street; Lugonia Street; Walnut Street; Cedar Street; Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The Assessment District is comprised primarily of residential and commercial properties with a publicly owned park situated on three parcels within the District boundaries. Residential properties include single - family- units (457 parcels) and mull- family units (77 parcels). There are 33 commercial parcels xvithin the District and three (3) City owned park parcels. Acreage ascribed to the commercial properties is negligible. DESCRIPTION OF WORK • The following is a description of the planned improvements for the entire Assessment District. A. UNDERGROUNDING OF OVERHEAD UTILITY LINES Undergrounding of overhead utility lines in Assessment District No. 68 (Newport Shores) includes demolition of existing hardscape, trenching, installing new utility vaults needed to receive the conduits and transformers, laying the conduit lines into the trenches, backfilling and compacting the trenches per code, re- paving the street, switching service to the underground system, removing the existing overhead poles and wires and completion of any ancillary improvements. Improvements will be designed by the Southern California Edison Company, SBC Communications and Adelphia Cable. The City of Newport Beach will be responsible for the street repair work associated with the undergrounding and inspect all work to insure conformance to applicable city standards and specifications. In order to install the underground utility system, the streets and alleyways will need to be saw cut and refurbished. The Assessment District will refurbish the roadways throughout the Assessment District. The existing allevways are very* old and it is not possible to saw cut any uniform trench width for the installation of the underground system house laterals. Since it is not possible to patch the existing allet�vays, the Assessment District will reconstruct them to City- standards. Once completed, the underground facilities will become the property and responsibility of Southern California Edison, SBC Communications and Adelphia Cable. • MuniFinancial Page 15 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) As conversion of individual service connections on private property is not included in the work being • completed by the Assessment District, property owners within the ,Assessment District will be responsible for arranging and paying for required work on his or her property to connect facilities constructed by the public utilities in the public right -of -way to the point of connection on their private property. It is estimated that the undergrounding project will be completed eight (S) months after the bond sale. Property owners are required to provide permitted and approved underground connections no more than 10 months after the completion of the undergrounding project. Failure to convert individual service connections on private property may lead to a recommendation to the City Council that the public utilities be directed to discontinue service to said property. Overhead facilities cannot be removed until all overhead service has been discontinued. • • MuniFinancial Page 16 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) • Right -of -Way Certificate CITY OF NEWPORT BEACH) COUNTY OF ORANGE ) STATE OF CALIFORNIA 1 The undersigned, under penalty of perjury, CERTIFIES as follows: That at all time herein mentioned, the undersigned was, and now is, the authorized representative of the duly appointed SUPERINTENDENT OF STREETS for the City of Newport Beach, California. That there have now been instituted proceedings under the provisions of- article VIID of the California Constitution, and the "Municipal Improvement Act of 1913," being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain public improvements in a special assessment district know and designated as Assessment District No. 68 (Newport Shores). THE UNDERSIGNED STATES AND CERTIFIES AS FOLLOWS: It is acknowledged that the proposed Works of Improvement must be located within public rights - of -way, land, or easements owned by or licensed to the City of Newport Beach, County of Orange, • State of California, at the time of the construction of the Works of Improvements, and the undersigned hereby further certifies that all rights -of -Way necessary for the Works of Improvements will be obtained and in the possession of the City, County or State prior to construction by the City of Newport Beach. • F-'KECU'I'ED this day of , 2004, at the City of Newport Beach. Superintendent of Street City of Newport Beach State of Calfornia MuniFinancial Page 17 City of Newport Beach "RECEIV D AFTER AGENDA PRINTED:" - PRELIMINARY ENGINEER'S REPORT FOR UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 68 NEWPORT SHORES PREPARED UNDER THE PROVISIONS OF THE MUNICIPAL. IMPROVEMENT ACT OF 1913 FOR THE CITY OF NEWPORT BEACH ORANGE COUNTY, CALIFORNIA INTENT MEETING: June 8, 2004 PUBLIC HEARING: July 27, 2004 Prepared by: S MuniFinancial June 8, 2004 (Version 3) Corporate Office 27368 Via Industria Suite 110 Temecula, CA 92590 Tel: (909) 587 -3500 Tel: (800) 755 -MUNI (6864) Fax: (909) 587 -3510 Regional Offices Anaheim, CA Industry, CA Lancaster, CA Oakland, CA w w.rruni.com Phoenix, AZ San Diego, CA Seattle, WA Washington, DC ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CITY OF NEWPORT BEACH TABLE OF CONTENTS INTRODUCTION & CERTIFICATIONS ..... ............................... SECTION I • PLANS AND SPECIFICATIONS . ............................... SECTION II - COST ESTIMATE ........................ ............................... SECTION III - ASSESSMENT ROLL AND METHOD OF ASSESSMENT SPREAD SECTION IV - MAXIMUM ANNUAL ADMINISTRATIVE COST ........... SECTION V • ASSESSEMENT DIAGRAM & BOUNDARY MAP.... ..............................1 ..............................4 ..............................5 .............................. 7 ............................14 ............................15 SECTION VI - GENERAL DESCRIPTION OF FACILITIES, RIGHT OF WAY & ENVIRONMENTAL CERTIFICATE............................................................................................................. .............................16 MuniFinancial Page i City of Newport Beach AGENCY: CITY OF NEWPORT BEACH PROJECT: ASSESSMENT DISTRICT No. 68 (NEWPORT SHORES) TO: CITY COUNCIL SUBJECT: ENGINEER'S REPORT PURSUANT TO THE PROVISIONS OF SECTIONS 2961 AND 10204 OF THE STREETS AND HIGHWAYS CODE INTRODUCTION The purpose of Assessment District No. 68 (Newport Shores) is to provide funds to underground overhead utility lines in the area generally described as Newport Shores, specifically the areas located in the western portion of the City and generally including those properties along Canal Street; 62 ^d Street; 6111 Street; Newport Shores Drive; Grant Street; Fern Street; Orange Street; Colton Street; Lugonia Street; Walnut Street; Cedar Street; Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The proposed improvements will improve safety and service reliability, increase capacity and enhance property aesthetics. These improvements will be constructed in order to conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards. The improvements will provide a special and direct benefit to properties located within the Asscssment District. Pursuant to the provision of Article XIIID of the State Constitution, Part 7.5 of the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931 ", being Division 4 of the Streets & Highway Code of the State of California, and the "Municipal Improvement Act of 1913 ", being Division 12 of said Code, and the Resolution of Intention, adopted by the City Council of the City of Newport Beach, State of California, in connection with the proceedings for Assessment District No. 68 (Newport Shores), I, David L. Hunt, a Registered Professional Engineer and authorized representative of MuniFinancial, theduly appointed Engineer of Work, herewith submits the "Report" for Assessment District No. 68 (Newport Shores) consisting of six (6) sections as listed below. Section I This section contains the Plans and Specifications that describe the general nature, location and extent of the proposed construction improvements, and, here referenced, are made a part of this report. Said plans are on file and available for review in the Office of the Superintendent of Streets. Section II This section contains an estimate of the cost of the proposed improvements, including capitalized interest, if any, incidental costs and expenses connected therewith as set forth herein and attached hereto. Section III This section consists of the following: MuniFinancial Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) A. A projected assessment of the total costs and expenses of the proposed improvements upon the several subdivisions of land within the Assessment District No. 68 (Newport Shores), in proportion to the special benefit received by such subdivision from said improvements, which is set forth upon the assessment roll filed herewith and made a part hereof. B. The total amount, as near as may be determined, of the total principal sum of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than that contemplated for the Assessment District No 68 (Newport Shores), which would require an investigation and report under the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931" against the total area proposed to be assessed. C. The total true value, determined from the latest Assessor's roll, of the parcels of land and improvements proposed to be assessed. Section IV This section contains the proposed maximum annual administrative assessment to be levied upon each subdivision or parcel of land within the Assessment District No. 68 (Newport Shores) to pay costs incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, from the administration and registration of any associated bonds and reserve or other related funds, or both. Section V This section contains a map showing the boundaries of the Assessment District No. 68 (Newport Shores), and a diagram showing the Assessment District, the boundaries and the dimensions of the subdivisions of land within Assessment District No. 68 (Newport Shores) Section VI This section provides the following information: A. Description of facilities B. Right -of -Way Certificate C. Environmental Certificate This report is submitted on this 1st day of) une 2004 David L. Hunt, P.E. (CE 30514) Assessment Engineer ;,nK City of Newport Beach State of California MuniFinancial Page 2 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received preliminary approval by the City Council of the City of Newport Beach, California on this day of 12004 Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of 12004. Clerk of the City Council, City of Newport Beach, California MuniFinancial Page 3 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section I Plans and Specifications The Plans and Specifications to construct the utility undergrounding improvements and any ancillary improvements thereof, for Assessment District No. 68 (Newport Shores), are voluminous and will not be bound in this Report, but by this reference are incorporated as if attached to said Report. The utility undergrounding Plans and Specifications are on file and available for review in the office of the Superintendent of Streets for the City of Newport Beach. MuniFinancial Page 4 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section II Cost Estimate The Cost Estimate is located on the next page. MuniFinancial Page 5 City of Newport Beach ENGINEER'S REPORT CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section If • Cost Estimate DISTRICT FORMATION AMOUNT TO ASSESSMENT $6,140,000.00 FEDERAL INCOME TAX COMPONENT OF CONTRIBUTION (ITCC) TOTAL 2nd Bond Issue - Only necessary if Federal Government requires the AM NT CONSTRUCTION COSTS Electrical Construction Costs $544,639.92 Southern California Edison $2,475,636.00 Street Rehabilitation 700,800.00 Street Rehabilitation Contribution (175.200.00) Contingency (15 %) 450,185.40 Edison Design Engineering 60,D00.0 Sub Total $3,511,421.40 Telephone Construction Costs 3.275.08 SBC Communications $1,554,361.00 Contingency (15 %) 233,154.15 SBC Communications Design Engineering 6 O.00 Sub Total $1,847.515.15 Total Construction Costs $5,358,936.55 INCIDENTAL EXPENSES Assessment Engineering $37.635.00 Disclosure Counsel 23.500.00 City Administration 75,000.00 Construction Inspection 30,000.00 Financial Advisor 30,000.00 Filing Fees 5.000.00 Bond Counsel 35.000.00 Paying Agent 3.000.00 Financial Printing, Registration 8 Servicing 16,000.00 Incidental Cominae04yJ]91/ 28348.33 . Sub Total $283,483.33 Total Construction Costs & Incidental Expenses $5,642.419.89 FINANCING COSTS (1st Bond Issue) Underwriters Discount (1.1 %) $67,540.00 Reserve Fund /Credit Enhancement (7 %) 429 800.00 Financing CQmmgeoty 240.12 Sub Total $497,580.12 DISTRICT FORMATION AMOUNT TO ASSESSMENT $6,140,000.00 FEDERAL INCOME TAX COMPONENT OF CONTRIBUTION (ITCC) 2nd Bond Issue - Only necessary if Federal Government requires the tax payment' INCIDENTAL & FINANCING COSTS (2nd Bond Issue) ITCC Portion $544,639.92 Bond Counsel 10,000.00 Disclosure Counsel 25,000.00 Paying Agent 3,000.00 Underwriters Discount (1.1 %) 7,260.00 Reserve Fund (7 %) 46,200.00 Capitalized Interest (6.25% for 6 months) 20,625.00 Bond Issuance Contingency 3.275.08 Total $660,000.00 TOTAL FEDERAL TAX, INCIDENTAL AND FINANCING COSTS $660,000.00 TOTAL AMOUNT TO ASSESSMENT (Both Bond Issues) $6,800,000.00 2nd bond issue for Federal Income Tax Component of Contribution (22 %) and will only be issued if the Federal Government requests the payment of the t age 6 AS CONFIRMED ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section III Assessment Roll and Method of Assessment Spread ASSESSMENT WHEREAS, On the day of , 2004, the City Council of the City of Newport Beach, State of California, under the Municipal Improvement Act of 1913 (the "Act "), being Division 12 of the Streets and Highways Code of the State of California, adopted its Resolution of Intention, Resolution No. 2004 for the installation and construction of certain public improvements together with appurtenances and appurtenant work in connection therewith, for a Special Assessment District known and designated as Assessment District No. 68 (Newport Shores); and WHEREAS, said Resolution of Intention, as required Q10204 of the Act, did direct the Engineer of Work to make and file a "Report ", consisting of the following: 1. Plans and Specifications 2. Cost Estimates 3. Assessment Diagram detailing Assessment District No. 68 (Newport Shores) and the subdivisions of land therein 4. A proposed assessment of costs and expenses of the Works of Improvement levied upon the parcels within Assessment District No. 68 (Newport Shores) boundaries. 5. The proposed maximum annual assessment to be levied upon each subdivision or parcel of land within Assessment District No. 68 (Newport Shores) to pay costs incurred by the City and not otherwise reimbursed resulting from the administration and collection of assessments or from administration and registration of any associated bonds and reserve or otherwise related funds. For specifics, reference is made to the Resolution of Intention as previously adopted. NOW, THEREFORE, I, David L. Hunt, P.E, the authorized representative of MuniFinancial, pursuant to Article X111D of the California Constitution and the "Municipal Improvement Act of 1913 ", do hereby submit the following assessment to cover the portion of the estimated cost of the Improvements and the costs and expenses incidental thereto to be paid by the assessments: Pursuant to the provisions of the Act and the Resolution of Intention I do hereby assess and apportion the Balance to Assessment of the Total Cost of the acquisitions, work and improvements upon the several lots, pieces or parcel or portions of lots or subdivisions of land liable therefore and specially benefited thereby, and hereinafter numbered to correspond with the numbers upon the attached Assessment Diagram, upon each, severally and respectively, in accordance with the special benefits to be received by such subdivisions, respectively, from the Improvements, and more particularly set forth in the list hereto attached and by reference made a part hereof. 2. Said assessment is made upon the several subdivisions of land within the Assessment District No. 68 (Newport Shores) in proportion to the estimated special benefits to be received by the MuniFinancial Page 7 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) subdivisions, respectively, from the improvements. As required by the Act, an Assessment Diagram is hereto attached showing the Assessment District and also the boundaries and dimensions of the respective subdivisions of land within the Assessment District as the same existed at the time of the passage of the Resolution of Intention, each of which subdivisions having been given a separate number upon the Assessment Diagram. 3. Each subdivision of land assessed is described in the Assessment Roll by reference to its parcel number as shown on the Assessor's Maps of the County of Orange for fiscal year 2003 -04 and includes all of such parcels excepting those portions thereof within existing public roads or right of way to be acquired in these proceedings for public road purposes. For a more particular description of said property, reference is hereby made to the deeds and maps on file and of record in the office of the County Recorder of the County. 4. Notice is hereby given that serial and /or term improvement bonds to represent unpaid assessments will be issued hereunder in the manner provided by Division 10 of the Streets and Highways Code, the Improvement Bond Act of 1915. Said bonds shall bear interest at a rate not -to- exceed twelve percent (12 %) per annum, or such higher rate of interest as may be authorized by applicable law at the time of sale of such bonds. These bonds shall be issued is such a manner so that they will not exceed the legal maximum term authorized by law, THIRTY -NINE (39) YEARS from the 2nd day of September next succeeding twelve (12) months from their date. 5. Pursuant to the authority contained in said "Municipal Improvement Act of 1913 ", and by further direction and order of the City Council, I hereby recommend the following assessment to cover costs and expenses of the Works of Improvement for Assessment District No. 68 (Newport Shores) based upon costs and expenses detailed below: Summary of Estimated Costs As Preliminarily Approval As Confirmed & Recorded As Modified After Reconciliation Est. Construction Costs $ 5,358,936.55 Est. Incidental Expenses $ 283,483.33 Est. Financing Costs $ 497,580.12 Est. Federal Tax & Finance Costs $ 660,000.00 Est. Total Cost $ 6,800,000.00 Est. Balance to Assessment $ 6,800,000.00 For specifics as to the individual assessments and their descriptions, reference is made to Table 1 (Assessment Roll) attached hereto. 6. The Method of Spread of Assessment is asset forth in the exhibit identified as Section III (Exhibit 1) which is attached hereto, referenced and so incorporated. MuniFinancial Page 8 City of Newport Beach CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D_No. Parcel No. Value Liens 045- 010 -15 1 408 298.00 0.00 045. 010 -16 2 304 653.00 0.00 045- 010.17 3 650,000.00 0.00 045- 010.18 4 323,522.00 0.00 045- 010.20 5 470,830.00 0.00 045. 010-21 6 419,177.00 0.00 045. 010 -22 7 456,319.00 0.00 045. 010.23 8 384,262.00 0.00 045. 010.26 9 349,831.00 0.00 045- 051.09 10 606.161.00 0.00 045- 051.10 11 487,947.00 0.00 045. 051 -11 12 440,994.00 0.00 045051.12 13 393,139.00 0.00 045. 051.13 14 306.412.00 0.00 045 - 052.03 15 370 781,00 0.00 045- 052.04 16 361,454,00 0.00 045. 052.05 17 69,792.00 0.00 045052.06 18 435,095.00 0.00 045.05208 19 449.000.00 0.00 045.05209 20 309,696.00 0.00 045052.10 21 144 476.00 0.00 045052 -11 22 317.680.00 0.00 045. 052.12 23 321.166.00 0.00 045. 052.13 24 72,230.00 0.00 045. 052.14 25 603,432.00 0.00 045.053 -02 26 389,872.00 0.00 045. 053.03 27 389,872.00 0.00 045. 053.05 28 437.444.00 0.00 045.05306 29 343.616.00 0.00 045. 053.10 30 366.115.00 0.00 045. 053 -12 31 810400.00 0.00 045. 053.13 32 340,330.00 0.00 045. 053.17 33 134.605.00 0.00 045. 05348 34 242.398.00 0.00 045053 -19 35 123,531.00 0.00 045. 053-20 36 395,086.00 0.00 045. 053 -21 37 599,582.00 0.00 045. 053 -23 38 392.646.00 0.00 045. 053.24 39 110,019.00 0.00 045. 053.25 40 116.711.00 D.DO 045053.26 41 509.244.00 0.00 045053 -27 42 119,209.D0 0.00 045. 053.28 43 58.335.00 0,00 045. 053.29 44 139.491.00 0.00 045. 053.30 45 174 774.00 D.00 045. 053.31 46 126,472.00 0.00 045. 053.32 47 111,084.00 0.00 045053 -33 48 356,633.00 0.00 045.D53 -34 49 268283.00 0.00 045 - 053.35 50 313.795.00 0.00 045- 053.36 51 220.227.00 0.00 045. 053 -37 52 51,395.00 0.00 045. 053-38 53 51.395.00 0.00 045- 053-39 54 235,924.00 0.00 045- 053 -40 55 310,990.00 0.00 045- 053 -41 56 217.359.00 0.00 045 -053 -42 57 443.700.00 0.00 045 -053 -45 58 75.42D.00 0.00 045. 054 -26 59 244,055.00 0.00 045. 054 -27 60 685,000.00 0.00 045- 054.28 61 550.800.00 0.00 045- 054 -29 62 321.166.00 0.00 045- 054 -30 63 315.430.00 0.00 045- 054 -31 64 528,523.00 0.00 045- 054 -32 65 108,704.00 0.00 045. 054 -33 66 315,886.00 0.00 045- 054 -34 67 72,542.00 0.00 INITIAL BOND ISSUE As As Preliminarily Con6muld wed and Recotel $0.00 0.00 0,00 0.00 0.00 0.00 0.00 0.00 0.00 17,667.50 17,667.50 17,667.50 17,667.50 17,667.50 10,567.18 10.567.18 10.567.18 8,83375 10,56218 10,56218 10,56217 10,56217 10,56217 10,56217 10,56217 10.567.17 10,56217 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.77 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 B.833.74 8,833.74 8,833.74 8,833.74 8,833.74 8.833.74 8,833.74 B,B33.74 8,833.74 8,833.74 10.567.17 8.833.74 8,833.74 8,833.74 8,833.74 8,833.74 8,833.74 8.833.74 8,833.74 8,833.74 Page 8 -1 TOTAL BOND ISSUE (1sl and 2nd Bond Issues) As As Preliminarily Confimutd rovetl and Recordetl $0.00 0.00 0.00 0.00 0.00 0.00 040 0.00 0.00 19,794,61 19794.61 19,794.61 19.794.61 19,794.61 71.630.74 11,63074 11,63074 9.89231 11,63074 1163074 11,630.73 11.63073 11,630.73 11,63073 11,630.73 11,63073 11,63073 11630,73 11,630.73 11,630.73 11,630.73 11.630.73 11630.73 11630.73 11,630.73 77.630.73 11.630.73 11.630.73 11.630.73 11,630.73 11,630.73 11.630.73 11.630.73 11630.73 11.630.73 11,630.73 11 630.73 9.897.30 9,897.30 9,897.30 9,897.30 9.897.30 9.897.30 9.897.30 9,897.30 9,897.30 9,897.30 11.630.73 9,897.30 9.897.30 9.897.30 9.897.30 9.897.30 9.897.30 9,897.30 9.897.30 9,897.30 Value - o -Lien Na Na Na Na Na No No Na n1a 34.31 27.62 24.96 22.25 17,34 35.09 34.21 6.60 49.25 42.49 29,31 13.67 30.06 30.39 6.84 57.10 36.89 36.89 41.40 32.52 34,65 76.65 32.21 12.74 22.94 1169 37.39 5674 37.16 10.41 1104 48.19 11.28 5.52 13.20 16.54 12.16 10.51 40.39 30.37 35.52 24.93 5.82 5.82 26.71 35.20 24.61 50.23 7.14 27.63 77.54 62.35 36.36 35.71 59.83 12.31 35.76 8.21 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II • Assessment Roll Assessment Assessoes Total Assessed Existing I.D_No. Plural No. Value Liens 045- 054 -35 68 71,352.00 0.00 045- 054 -36 69 ]2,60].00 0.00 045 -055 -01 70 382,934.00 0.00 045- 055.02 71 38,894.00 0.00 045 -055 -03 72 71,856.00 0.00 045 -055.05 73 391,283.00 0.00 045- 055.06 74 637,500.00 0.00 045- 055-08 75 354,901.00 0,00 045- 055-25 76 714,000.00 0.00 045- 055 -26 77 440,535.00 0.00 114£61 -11 78 - 0.00 045- 055 -28 79 345,953.00 0.00 045- 055 -29 80 363,761.00 000 045- 055.30 81 523,680.00 0.00 045- 055 -31 82 418,327.00 0.00 045- 055 -32 83 385,920.00 0.00 045- 055.33 B4 816,000.00 0.00 045- 055 -34 85 368,453.00 0.00 045- 055 -35 86 48S,094,00 0.00 045- 055 -36 87 357,22600 0.00 045 - 055.37 88 478,808.00 0.00 045- 055 -38 89 432,972.00 0.00 045- 055 -39 90 50],]1500 0.00 045- 05540 91 799,000.00 0.00 045 -05541 92 498,15300 0.00 045055 -42 93 622,200.00 0.00 045- 055 -43 94 349,842,00 0.00 045 - 05544 95 389,353.00 0.00 045- 055 -45 96 312 396.00 0.00 045 -055 -06 97 14430500 000 045- 055-47 98 510,361.00 0.00 045 -055-48 99 114 ]]3,00 0.00 045- 055 -49 100 383,348.00 0.00 045- 055 -51 101 409,69600 0.00 045- 055 -52 102 48],19].00 0.00 045- 055 -53 103 738,684.00 0.00 045- 055 -54 104 397,953.00 0.00 045- 055 -55 105 549,334 00 0.00 045- 055 -56 106 487,486.00 0.00 045- 055 -57 107 88,6]] 00 0.00 045- 055 -58 108 135162.00 0.00 045 -055 -59 109 836,400.00 0.00 045- 055.60 110 811,308.00 0.00 045 -05561 111 381,404.00 000 045- 055-62 112 170,072.00 0.00 045- 056-32 113 391,298.00 0.00 045- 056 -33 114 195,096.00 0.00 045 - 056-34 115 338,236.00 0.00 045- 061 -06 116 295,146.00 0.00 045- 061 -10 117 429.655.00 0.00 045- 061 -11 118 107,640.00 0.00 045- 061 -12 119 75109.00 0.00 045- 061 -13 120 452,59900 0.00 045- 061 -14 121 456,319.00 0.00 045- 061 -15 122 324,729.00 0.00 045-061 -16 123 366,678.00 0.00 045. 061 -17 124 106,20300 0.00 045. 061 -18 125 234,598.00 0.00 045. 061 -19 126 328,593.00 0.00 045 -061 -20 127 74,923.00 0.00 045- 061 -22 128 419,194.00 0.00 045- 061 -24 129 75,420,00 0.00 045- 061 -25 130 298,007,00 0.00 045- 061 -26 131 124,758.00 0.00 045- 061 -27 132 307209.00 0.00 045- 061 -28 133 61,906.00 0.00 045-061 -29 134 598.230.00 000 INITIAL BOND ISSUE As As Preliminarily Confirmed Aooreved and Recorded 8.833.]4 8,833.]4 8,833 .74 8,833.]4 8,833.]4 8,833 .74 8,833.]4 8,833.74 8,833.]4 8,833.]4 0.00 8,833 .74 8,833.74 8,833.]4 8,83374 8,833.]4 8,83374 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,833.74 8,833.]4 8,83374 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,833.]4 8,83374 8,833.]4 8.833.]4 8,833.]4 &833.]4 8,833.]4 8,833.]4 8,83374 8,833.74 8,833.]4 8,833.]4 6,633.]4 8,833.]4 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56],1] 10,56].1] 10,56].1] 10,56].1] 1&56].1] 10,56].1] 10.56217 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10,56].1] 10.56].1] 10.56].17 Page 8 -2 TOTAL BOND ISSUE list and 2nd Bond Issues) As As Preliminarily Confirmed roved and Records 9,897.30 9,89].30 9,89].30 989].30 9,89].30 9,89].30 9,89].30 9,89].30 9,89].30 9,89].30 0.00 9,89].29 9,89].29 9,89].29 9.89729 9,89].29 9,89].29 9,89].29 9,89].29 9,89].29 9,89].29 9,89].29 9,897.29 9,897.29 9,897.29 9,89].29 9.89].29 9,89].29 9,89].29 9,897 29 9,89] 29 9,89].29 9,897.29 9,89729 9,89].29 9,89].29 9,897.29 9,89].29 9,89].29 9,897.29 9,897 29 9,89].29 9,89].29 9,69].29 9,897.29 11,630.72 11,630.]2 11,630.]2 11,630.]2 11,630.]2 11,630.]2 11.630.72 11,630.]2 11,630,]2 11,630.72 11,630,]2 11,630 72 11,630.]2 11,630.]2 11,630.]2 11,630.]2 11,630.72 11,630.72 11,630,]2 11,630.]2 11,630.]2 11,630.72 Value - to -Lien 8.08 8.22 43.35 4.40 8.13 44.29 72.17 40.18 80.83 49.87 Na 39.16 41.18 59.28 47.36 4369 92.3] 41.71 54.91 40.44 54.20 49.01 57.47 WAS 56.39 70.43 39.60 44.08 35.36 15.34 57.77 12.99 43,40 46,38 55.15 83.62 45.05 62.19 55.18 10.04 15,30 94,68 91.84 43.18 19.25 3].03 18.46 32.01 2].93 40.66 10.19 7.11 42.83 43.18 30.73 34.70 10.05 22.20 31.10 7.09 39.6] 7.14 2820 11.81 29,0] 586 5661 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D. No. Parcel No. Value Uem 045- 061 -30 135 528,360.00 0.00 045- 061 -31 136 231 316.00 0.00 045- 061 -32 137 448,627.00 0.00 045. 061 -33 138 265,866.00 0.00 045. 061 -36 139 349,835.00 0.00 045- 061 -37 140 383,180.00 0.00 045 - 061.38 141 560,000.00 0.00 045 - 062.07 142 102,078.00 0.00 045. 062 -08 14.3 60718.00 0.00 045. 062-09 144 265,388.00 0.00 045. 062 -10 145 545,000.00 0.00 045. 062.11 146 423.354.00 0.00 045- 062.12 147 415749.00 0.00 045 - 062.13 148 100.695.00 0.00 045. 062.15 149 75,420.00 0.00 045062 -16 15D 70,103.00 0.00 045062 -17 151 209.681.00 0.00 045. 062 -18 152 251363.00 0.00 045. 062.19 153 67,330.00 0.00 045. 062.20 154 265,689.00 0.00 045. 062.21 155 591.600.00 0.00 045062.22 156 378,850.00 0.00 045.062 -23 157 190.492.00 0.00 045. 062.25 158 61,906.00 0.00 045. 062.26 159 381404.00 0.00 045. 062.27 160 559.980.00 0.00 045. 063.04 161 197.775.00 0.00 045063.05 162 58.281.00 0.00 045. 063.06 163 60,154.00 0.00 045. 063.07 164 464.018.00 0.00 045. 063.08 165 452.387.00 0.00 045.06309 166 99.946.00 0.00 045- 063 -10 167 312,952.00 0.00 045063 -t1 168 280,659.00 0.00 045. 063 -12 169 113,403.00 0.00 045. 063.13 170 634.644.00 0.00 045. 063.15 171 291.054.00 0.00 045. 063 -16 172 324,729.00 0.00 045. 063 -18 173 269550.00 0.00 045. 063 -19 174 365,211.00 0.00 045. 063.20 175 347.274.00 0.00 045. 063.21 176 58.281.00 0.00 045- 063.22 177 442.170.00 0.00 045. 063.23 178 207247.00 0.00 045. 063 -24 179 225,490.00 0.00 045. 064 -05 180 378,850.00 0.00 045- 064 -10 181 101,633.00 0.00 045 - 064.11 182 484500.00 0.00 045- 064.12 183 226.866.00 0.00 045 -06493 184 418.943.00 0.00 045 - 064 -14 185 240.615.00 0.00 045. 064 -16 186 275,510.00 0.00 045. 064 -18 187 378,850.00 0.00 045- 064-19 188 530,400.00 0.00 045 -064 -20 189 408,000.00 0.00 045 -064 -21 190 226,866.00 0.00 045- 064 -22 191 324,727.00 0.00 045- 064 -23 192 225,115.00 0.00 045- 064 -24 193 249,637.00 0.00 045- 064 -25 194 391,382.00 0.00 045- 064 -26 195 410,975.00 0.00 045. 064 -27 196 270,791.00 0.00 045- 064 -28 197 252,319.00 0.00 045- 064 -29 198 359.167.00 0.00 045- 064 -30 199 113,711.00 0.00 045- 064 -31 200 374,45100 0.00 045- 064 -32 201 383,595.00 OM INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.17 10,567.17 10567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10.567.17 10.567.17 10.567.17 10,567.17 10,567.17 10,567.17 10567.17 10.567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10.567.17 10,567.17 10.567.17 10,567.17 10,567.17 8,833.74 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10567.17 10.567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 Page 6 -3 TOTAL BOND ISSUE (1st and 2nd Bond Issues) AS As Preliminarily Confirmed roved and Recorded 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11.63D72 11,630.72 11 630.72 11.630.72 11,630.72 11,63072 11,63072 11,63072 11,630.72 11,630.72 11,630.72 11,630.72 11.63072 11,63072 11,63072 11,63072 11.63072 11,63072 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11.630.72 11.630.72 11,630.72 11,630.72 11,630.72 9.897.29 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630Y2 11 630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11 630.72 11,630.72 11,630.72 11,630.72 Value - lo -Lien 50.00 21.89 42.45 25.16 33.11 36.26 52.99 9.66 5.75 25.11 51.57 40.06 39.34 9.53 7.14 6.63 19.84 23.98 6.37 25.14 55.98 35.85 18.03 5.86 36.09 52.99 18.72 5.52 5.69 43.91 42.81 9.46 29.62 26.56 1D.73 60.06 27.54 36.76 25.51 34.56 32.86 5.52 41.84 19.61 21.34 35.85 9.62 45.85 21.47 39.65 22.77 26.07 35.85 50.19 38.61 21.47 30.73 21.30 23.62 37.04 38.89 25.63 23.88 33.99 10.76 35.44 36.30 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessoes Total Assessed Existing 1,D. No. Parcel No Value Liens 045- 064-33 202 74792.00 0.00 045- 064 -34 203 499,392.00 0.00 045- 064 -35 204 675.000.00 0.00 045- 064 -36 205 95,718.00 0,00 045-06606 206 107,106.00 0.00 045 -065-07 207 382,500.00 0.00 045 -065 -08 208 206.241.00 0.00 045-065 -09 209 305,121.00 0.00 045 -065 -10 210 102,200.00 0.00 045-065 -11 211 384,948.00 0.00 045 -065-12 212 101,514.00 0.00 045 -065 -13 213 555,900.00 0.00 045 -065 -14 214 106,010.00 0.00 045 -065-15 215 346,377.00 0.00 045 -065 -16 216 60,777.00 0.00 045- 065 -17 217 367,917.00 0.00 045- 065 -18 218 153.679.00 0.00 045 -06620 219 269,600.00 0.00 045- 065 -21 220 213,851.00 0,00 045- 065.23 221 215,976,00 0.00 045 -065 -24 222 357,201.00 0.00 045 -065 -25 223 129,351.00 0.00 045 -065-26 224 153,935.00 0.00 045- 065 -27 225 340,965.00 0.00 045- 065 -29 226 105,01100 0.00 045 -065-30 227 320,378.00 0.00 045- 065 -31 228 371,273.00 0.00 045- 065 -32 229 427,604.00 0.00 045- 065 -33 230 223,027.00 0M 045- 065.34 231 394,785,00 0.00 045 -065 -35 232 117,482.00 0.00 045 -065 -36 233 377,137.00 0.00 045- 065-37 234 68.606.00 0.00 045- 065 -38 235 335,553.00 0.00 045 -065 -39 236 76,173.00 0.00 045 -06540 237 65.659.00 0.00 045 -06541 238 350,853.00 0.00 045 -066 -07 239 419,690.00 0.00 045- 066 -08 240 241,83000 0.00 045- 066 -09 241 92.006.00 0.00 045- 066 -10 242 86,498.00 0,00 045 -066 -11 243 453,614.00 0.00 045 -066 -12 244 615,060.00 0.00 045- 066 -13 245 360,201.00 0.00 045 -06614 246 629744.00 0.00 045 -066 -15 247 223,428,00 0.00 045 -066 -16 248 87.230.00 0.00 045 -06617 249 166,842.00 0.00 045 -066 -18 250 108,516.00 0.00 045-066 -19 251 132,601,00 0.00 045 -06620 252 395,080.00 0.00 045 - 066 -22 253 453,974.00 0.00 045 -06623 254 472,10800 0.00 045-066 -24 255 456.319.00 0.00 045 -066 -25 256 308,516.00 0.00 045 -06626 257 223,428.00 0.00 045 -066 -27 258 482,888.00 0,00 045- 066 -28 259 331.688.00 0.00 045 -066 -29 260 342.848.00 0.00 045- 066 -30 261 47,693.00 0.00 045.066 -31 262 465.120,00 0.00 045 -066 -32 263 54,812.00 0.00 045A66 -33 264 413430.00 0.00 045.066 -34 265 415,091.00 000 045-066 -35 266 250.738.00 0.00 045066 -36 267 264,316.00 0.00 045- 066 -37 268 465,604.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approw and Recorded 10 567.17 11.630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630]2 10 567.17 11.630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 9.897.29 8,833.74 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10.567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.]2 10,567.17 11,630.72 10 567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11.630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,557.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.]2 10,567.17 11,630.72 10,567,17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11.630.72 10,567.17 11,630.72 10,557.17 11,630.72 10,567.17 9,897.29 8,833.74 11,630.72 10.567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,630.72 10,567.17 11,63072 10,567.17 11,630.72 10,567.17 Page 84 TOTAL BOND ISSUE It at and 2nd Bond Issues) As As Preliminarily Confirmed Avprovecl antl Recordetl 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630]2 11.630.72 11,630.72 11,630.72 11,630.72 9.897.29 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.]2 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.]2 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11.630.72 11,630.72 11,630.72 9,897.29 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,630.72 11,63072 11,630.72 Value - to -Lien 7.08 47.26 63.88 9.06 10.14 36.20 19.52 28.87 9.67 36.43 9.61 52.61 10.03 32.]8 5.75 34.82 17.40 25.51 20.24 20.44 33.80 12.24 14.57 32.27 9.94 30.32 35.13 40.47 21.11 37.36 11.12 35.69 6.49 31.75 7.21 6.21 33.20 39.72 22.89 8.71 8.19 42.93 58.20 34.09 59.59 21.14 8.25 15.79 10.27 12.55 37.39 42.96 44.68 51.66 29.20 21.14 45.70 31.39 32.44 4.51 44.02 5.19 39.12 39.28 23.73 25.01 44.06 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing I.D. No. Perot No. Value Liens 045- 066 -38 269 445.707.00 0.00 045- 066 -39 270 611,235.00 0.00 045 -066 40 271 413.430.00 0.00 045 -066 41 272 562.962.00 0.00 045- 066 -42 273 483.308.00 0.00 045 -066 43 274 618,697.00 0.00 045- 066 -44 275 503,330.00 0.00 045 -066 45 276 572,220.00 0.00 045 -066 46 277 285.983.00 0.00 045 -066 47 278 88,807.00 0.00 045- 066 -48 279 734,400.00 0.00 045 -066 49 280 143,987.00 0.00 045- 066 -50 281 297,682.00 0.00 045- 066 -51 282 461,059.00 0.00 045- 066 -52 283 376.919.00 0.00 045- 066 -53 284 603,179.00 0.00 045 - 067 -02 285 591.600.00 0.00 045 - 067 -06 286 429,789.00 0.00 045 - 067 -10 287 105,576.00 0.00 045- 067 -12 288 104,385.00 0.00 045 - 067 -13 289 403,951.00 0.00 045 - 067 -14 290 101,320.00 0.00 045- 067 -15 291 253,019.00 0.00 045- 067 -16 292 470.857.00 0.00 045- 067 -17 293 297.358.00 0.00 045- 067 -18 294 335,636.00 0.00 045 -067 -19 295 102.326.00 0.00 045 - 067 -20 296 59.527.00 0.00 045- 067 -21 297 176.699.00 0.00 045- 067 -22 298 382,048.00 0.00 045- 067 -23 299 446.331.00 0.00 045- 067 -24 300 197,785.00 0.00 045 - 067 -25 301 480,420.00 0.00 045 - 067 -26 302 254,367.00 0.00 045- 067 -27 303 293.715.00 0.00 045 - 067 -28 304 59,527.00 0.00 045- 067 -29 305 488,155.00 0.00 045- 067 -30 306 101,320.00 0.00 045- 067 -31 307 76,901.00 0.00 045 - 067 -32 308 66.668.00 0.00 045 - 067.34 309 303,256.00 0.00 045 - 067 -35 310 110,828.00 0.00 045- 067 -37 311 442.170.00 0.00 045- 067 -38 312 477.360.00 0.00 045- 067 -39 313 321.166.00 0.00 045 -067 40 314 435.095.00 0.00 045 -067 41 315 412.842.00 0.00 045 -067 42 316 442170.00 0.00 045 - 067 -43 317 419.194.00 0.00 045 -067 44 318 415,383.00 0.00 045- 067 -45 319 366,251.00 0.00 045 -067 46 320 422,410.00 0.00 045 -067 47 321 100,910.00 0.00 045 -067 48 322 101,633.00 0.00 045- 067 -49 323 67,286.00 0.00 045- 067 -50 324 370.432.00 0.00 045- 067 -51 325 402.406.00 0.00 045- 067 -52 326 224.389.00 OM 045 -067 -53 327 455,695.00 0.00 045 - 06754 328 368,026.00 0.00 045- 067 -55 329 108,262.00 0.00 045- 067 -56 330 387,621.00 0.00 045 - 067 -57 331 219,989.00 0.00 045- 071 -18 332 185,839.00 0.00 045 - 071 -20 333 361,009.00 0.00 045 - 071 -22 334 520,924.00 0.00 045 - 071 -23 335 150,014.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed Approved and Recorded 10,567.17 8,833.74 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8,833.75 8.833.75 8,833.75 8.833.75 8,833.75 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.16 10,567.18 10,567.18 10.567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 8,833.75 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567A8 10,567.18 10,567.18 Page 8 -5 TOTAL BOND ISSUE (1st and 2nd Bond Issues) As As Preliminarily Confmned Approved and Recorded 11.630.72 9,897.29 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9,897.30 9.897.30 9,897.30 9,897.30 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.73 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11,630.74 11,630.74 1L630 74 11,630]4 11,630]4 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 11,630.74 9,897.31 11,630.74 11 630.74 11,630.74 11.630.74 11,630.74 11.630.74 11,630]4 11,630.74 11 630.74 11 630.74 11,630.74 11,630.74 11,630.74 11,63014 11,630.74 11,630.74 11,630.74 11,630.74 11 630.74 11,630.74 11,630.74 11 630.74 11,630.74 11,630.74 11,630.74 Value - to -Lien 42.18 69.19 46.80 63.73 54.71 70.04 56.98 64.78 32.37 10.05 83.14 16.30 33.70 52.19 42.67 68.28 55.98 40.67 9.99 9.88 38.23 9.59 23.94 44.56 28.14 31.76 9.68 5.63 16.72 36.15 42.24 18.72 45.46 24.07 27.80 5.63 46.20 9.59 7.28 6.31 28.70 12.55 41.84 45.17 30.39 41.17 39.07 41.84 39.67 39.31 34.66 39.97 9.55 9.62 6.37 35.05 38.08 21.23 43.12 34.83 10.25 36.68 20.82 17.59 36.06 49.30 14.20 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II • Assessment Roll Assessment Assessors Total Assessed Existing I.D. No, Pa o. Value Liens 045. 071 -24 336 216,553.00 0.00 045. 071 -25 337 65,482.00 0.00 045. 071 -26 338 210,438.00 0.00 045. 071 -27 339 59,524.00 0.00 045. 071 -28 340 289,597.00 0.00 045071 -31 341 108,580.00 0.00 045471 -32 342 112,205.00 0.00 045 -071 -35 343 427.934.00 0.00 045 -071 -36 344 259,766.00 0.00 045 - 071 -37 345 346,390.00 0.00 045- 071 -38 346 423300.00 0.00 045 -071 -39 347 488,988.00 0.00 045 - 071 -40 348 54,904.00 0.00 045 -07141 349 342.538.00 0.00 045 -07142 350 434,520.00 0.00 045- 071 -43 351 435,095.00 0.00 045 -07144 352 374,844.00 0.00 045 -07146 353 329,957.00 0.00 045 -07147 354 612000.00 0.00 045-071 -50 355 85.932.00 0.00 045- 071 -52 356 77,176.00 0.00 045- 071 -53 357 84.558.00 0.00 045- 071 -54 358 445.175.00 0.00 045- 071 -55 359 459,502.00 0.00 045- 071 -56 360 116,520.00 0.00 045 -07137 361 228.779.00 0.00 045 -071 -58 362 637,500.00 0.00 045 -072 -07 363 140.614.00 0.00 045- 072 -09 364 331,688.00 0.00 045- 072 -12 365 340,331.00 0.00 045 -072 -15 366 270.149.00 0.00 045 -072 -16 367 336,258.00 0.00 045 -072 -17 368 258.079.00 000 045. 072 -18 369 214.289.00 0.00 045 - 072 -19 370 221.380.00 0.00 045 - 072 -20 371 425,850.00 0.00 045- 072 -21 372 254.403.00 0.00 045- 072 -22 373 400.554.00 0.00 045. 072 -23 374 535,000.00 0.00 045- 072 -24 375 520.200.00 0.00 045- 072 -25 376 442,170.00 0.00 045- 072 -26 377 86.496.00 0.00 045- 072 -28 378 606,900.00 0.00 045 - 072 -29 379 328,591.D0 0.00 045- 072 -30 380 380.045.00 0.00 045- 072 -31 381 659,500.00 0.00 D45- 072 -32 382 295,487.00 0.00 045- 072 -33 363 567.282.00 0.00 045- 072 -34 384 303.961.00 0.00 045 -072 -35 385 159.064.00 0.00 045- 072 -36 386 311,445.00 0.00 045- 072 -37 387 601,800.00 0.00 045- 072 -39 388 286.645.00 0.00 045 -07240 389 561,816.00 0.00 045 -07241 390 471,179.00 0.00 045 -07242 391 317.182.00 0.00 045- 072 -43 392 158.386.00 0.00 045 -07244 393 670,000.00 0.00 045 -07245 394 387.523.00 0.00 045- 072 -46 395 640.000.00 0.00 045- 072 -47 396 425,878.00 0.00 045- 072 -50 397 276,285.00 0.00 045 - 072 -51 398 314.229.00 0.00 045- 072 -52 399 335.553.00 0.00 045- 072 -53 400 104.444.00 0.00 045- 072 -54 401 303.956.00 0.00 045- 072 -55 402 107.642.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed AyA droved and Recorded 10.567.18 10,567.18 10,567.18 10.567.18 10.567.18 8.833.75 8,833.75 10.567.18 10.567.18 10.567.18 10,567.18 10.567.18 10.567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10.567.18 8.833.75 10,567.18 10,567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10.567.18 10,567.18 10.567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10.567.18 10,567.18 10.567.18 10.567.18 10.567.18 10.567.18 10,567.18 10,567.18 10,567.18 10.567.18 10,567.18 10,567.18 10.567.18 10.567.18 10,567.18 10,567.18 10 567.18 10.567.18 10.567.18 10,567.18 Page 8 -6 TOTAL BOND ISSUE D st and 2nd Bond Issues) As As Preliminarily Confirmed Approved and Recorded 11,630.74 11.630.74 11,630.74 11.630.74 11,630.74 9.897.31 9.897.31 11,630.74 11.630.74 11,630.74 11.630.74 11.630.74 11.630.74 11,630.74 11,630.74 11.630.74 11.63014 11.630.74 11,630.74 11,630.74 11,630.74 11.630.74 11,630.74 11.630.74 9.897.31 11.630.74 11.630.74 11.630.74 11,630.74 11,630.74 11,630.74 11.630.74 11.630.74 11.630.74 11,630.74 11.630.74 11,630.74 11.63D.74 11.630.74 11.630.74 11.630.74 11,630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.63014 11,630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11.630.74 11,630.74 11,630.74 17 630.74 Value - to -Lien 20.49 6.20 19.91 5.63 27.41 12.29 12.70 40.50 24.58 32.78 40.06 46.27 5.20 32.42 41.12 41.17 35.47 31.22 57.92 5.13 7.30 8.00 42.13 43.48 13.19 21.65 60.33 13.31 31.39 32.21 25.56 31.82 24.42 20.28 20.95 40.30 24.07 37.91 50.63 49.23 41.80 8.19 57.43 31.10 35.96 62.41 27.96 53.68 28.76 15.05 29.47 56.95 27.13 53.17 44.59 30.02 14.99 63.40 35.67 60.55 40.30 26.15 29.74 31.75 9.88 28.76 10.19 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II • Assessment Roll Assessment Assessofs Total Assessed Existing I.D. No, Pa el No. Value Lem 045 -072 -56 403 378,320.00 0.00 045 -07257 404 218,375.00 0.00 045- 072 -58 405 246.608.00 0.00 045- 072 -59 406 242.573.00 0.00 045 -072 -60 407 398.114.00 0.00 045- 072.61 408 431,460.00 0.00 045.072.62 409 71,100.00 0.00 045.073.07 410 59 468,00 0.00 045.073.08 411 207,418.00 0.00 045.07309 412 101,257.00 0.00 045 - 073.10 413 63,600.00 0.00 045.073.11 414 498.000.00 0.00 045.073.12 415 281,651.00 0.00 045.073.13 416 480,420.00 0.00 045.073.14 417 55,338.01) 0.00 045.07315 418 217,380.00 0.00 045.07316 419 396,891.00 0.00 045 - 073.17 420 400,554.00 0.00 045.073.18 421 114,025,00 0.00 045.073 -19 422 601,800.00 0.00 045. 073 -20 423 356,116.00 0.00 045.07321 424 351.789.00 0.00 045. 073.22 425 320.580.00 0.00 045. 073.23 426 106.274.00 0.00 045073.24 427 223,193.00 0.00 04507325 428 555,000.00 0.00 045.07326 428 1DO.526.00 D.00 045. 073.27 430 126,550.00 0.00 045. 073.29 431 347244.00 0.00 045 - 074.05 432 73,421.00 0.00 045. 074.06 433 78,806.00 0.00 045 - 074.07 434 410 742.00 0.00 045. 074.08 435 451.013.00 0.00 045.074 -09 436 539,967.00 0.00 045 -074.10 437 337.406.00 0.00 045. 074.11 438 583.664.00 0.00 045. 074.12 439 309.705.00 0.00 045. 074 -13 440 453,074.00 0.00 045.074 -14 441 445.052.00 D.00 045. 074.15 442 374.956.00 0.00 045. 074.16 443 91.871.00 0.00 045. 074 -17 444 322,997.00 0.00 045. 074.18 445 286.147.00 0.00 045- 074.20 446 323,178.00 0.00 045. 075.07 447 240,773.00 0.00 045.07508 448 439,879.00 0.00 045 -07509 449 107,706.00 0.00 045. 075.10 450 535,806.00 0.00 045 -075.11 451 176.257.00 0.00 045.075 -12 452 279,336.00 0.00 045. 075 -13 453 374 694.D0 0.00 045.07514 454 218,374.00 0.00 045. 075.15 455 550,000.00 0.00 045 - 075.18 456 279.872.00 D.DO 045- 075 -19 457 356.118.00 0.00 045.075 -20 4S8 59.837.00 0.00 045 - 075 -21 459 258,739.00 0.00 045 - 075 -22 460 302,698.00 0.00 045- 075 -23 461 365.472.00 0.00 045- 075 -24 462 479.400.00 0.00 045- 075 -25 463 377,793.00 0.00 045- 075 -26 464 453,074.00 0.00 045 -07527 465 479,61400 0.00 045- 075 -28 466 332,961.00 0.00 045- 075 -29 467 121,216.00 0.00 045- 075 -30 468 96.820.00 0.00 045- 075 -31 469 616.299.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confinned Approeed and Recorded 10.567.18 10,567.18 10,567,18 10,567.18 10.567.18 10,567.18 10,567.18 10,567.18 10,567.18 10,567.18 10567.18 10,567.18 10,567.18 10,567.18 10,567.17 10,567.17 10.567.17 10.567.17 10567.17 10,567.17 10.567. t7 10,567.17 10,567.17 10.567.17 10.567.17 10,567.17 10,567.17 10,567,17 10.587.17 8,833.75 8,833.75 8.833.75 8.833.75 8,833.75 8,833.75 8.833.75 8.833.75 8.833.75 8,833.75 6,833.75 8.833.75 8.833.75 8.833.75 8,833.75 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 10,567.17 10,567.17 10,567.17 10,567.17 10.567.17 10,567.17 8,833.75 8,833.75 8.833.75 8.833.75 8,833.75 Page 8 -7 TOTAL BOND ISSUE 0s1 and 2nd Bond Issues) As As Prallminadly ConBmred -Approved and Recorded 11.630.74 11,630.74 11.630.74 11.630.74 11.630.74 11,630.74 11.630.74 11 630.74 11.630.74 11.630.74 11,630.74 11 630.74 11.630.74 11.630.74 11,630.73 11.630.73 11.63073 11.630.73 11,63073 11,630.73 11.63073 1163073 1163073 11,630.73 11.630.73 11,630.73 11.630.73 11,630.73 11,630.73 9,897.31 9.897.31 9,897,31 9.897.31 9.897.31 9,897.31 9,897.31 9.897.31 9.897.31 9.897.31 9,897.31 9.897.31 9.897.31 9.897.31 9,897.31 11.630.73 11.630.73 11,630.73 11,630.73 11,630.73 11,630.73 11.630.73 11630.73 11,630.73 11.630.73 11.630.73 11,630.73 11,630.73 11,630.73 11.630.73 11.630.73 11,630.73 11,630.73 9.897.31 9.897.31 9,897.31 9,897.31 9.897.31 Value. to -Lien 35.80 20.67 23.34 22.96 37,67 40.83 6.79 5.63 19.63 9.58 6.02 47.13 26.65 45.46 5.24 20.57 37,56 37.91 1079 56.95 33.70 33.29 30.34 10.06 21.12 52.52 9.51 11.98 32.86 8.31 8.92 46.50 51.06 61.13 38.20 66.07 35.06 51.29 50.38 42.45 10.40 36.56 32.39 36.58 22.79 41.63 10.19 50.70 16.87 26.43 35.46 20.67 52.05 26.49 33.70 5.66 24.49 28.65 34.59 45.37 35.75 42.88 54.29 37.69 13.72 10.96 69.77 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section It • Assessment Roll Assessment Assesso(s Total Assessed Existing I.D. o. Parcel No. Value L.eng 045- 075.32 470 815,500.00 0.00 045 -075.35 471 666,458.00 0.00 045-075.36 472 480.450.00 0.00 045 -075.37 473 357,225.00 0.00 045 -075.38 474 94,219.00 0.00 045- 081 -07 475 337,552.00 0.00 045 -081 -08 476 116,902.00 0.00 045-081 -09 477 495,583.00 0.00 045. 081 -14 478 274,990.00 0.00 045. 081 -15 479 485,866.00 0.00 045- 081 -16 480 281,867.00 000 045. 081 -17 481 318,471.00 0.00 045- 081 -18 482 530,400.00 000 045- 081 -19 483 357,196.00 0.00 045.081 -20 486 283,294,00 0.00 045- 082 -04 485 102,198.00 0.00 045 -082 -05 486 315,430.00 0.00 045- 082 -06 487 9],5]2.00 0.00 045- 082 -07 488 97,386.00 0.00 045 -082 -08 489 359,186.00 0.00 045 -082 -10 490 422,913.00 0.00 045- 082 -11 491 712.980,00 0.00 045- 082 -13 492 296,566.00 0.00 045 -082 -16 493 359,420.00 0.00 045- 082 -17 494 432,420.00 0.00 045- 083 -01 495 350,484.00 0.00 045- 083 -09 496 434,057.00 0.00 045 -083 -10 497 420,563.00 0.00 045- 083 -11 498 322,586.00 0.00 045- 083 -12 499 347,386.00 0.00 045- 083 -13 500 432,972.00 0.00 939 - 720 -01 501 278,866.00 0.00 939 - 720 -02 502 266,708.00 0.00 939 - 720 -03 503 292,164.00 0.00 939 - 720 -04 504 22 7667.00 0.00 939 - 720-05 505 268,609.00 0.00 939 - 720 -06 506 279,266.00 0.00 045- 083 -15 507 89,499.00 0.00 045- 084 -01 508 1,248,480.00 0.00 045 -086 -03 509 225,476.00 0.00 045 - 084 -04 510 189,331.00 0.00 045- 084 -06 511 979,207.00 0.00 045- 084 -09 512 630,938.00 0.00 045- 086 -10 513 74,521.00 0.00 045- 111 -15 514 86,636.00 0.00 045- 111 -17 515 181,356.00 0.00 045- 111 -18 516 226,644.00 0.00 045- 111 -19 517 223,027.00 0.00 045- 111 -20 518 4,658,850.00 000 045- 112 -01 519 124,188.00 0.00 045- 112 -08 520 68,417.00 0.00 045- 112 -09 521 64,599.00 0.00 045- 112 -10 522 317,650.00 0.00 045- 112 -11 523 157.875.00 0.00 045 -113 -01 524 60,292.00 0.00 045 -11 }02 525 57,161.00 0,00 045- 113 -03 526 61,295.00 0.00 045- 114 -06 527 129,500.00 0.00 045- 114 -09 528 129,500.00 0,00 045- 114 -13 529 388.860.00 0.00 045- 114 -15 530 867,152.00 0.00 045- 114 -16 531 316,584.00 0.00 045- 115 -01 532 153,000,00 0.00 045- 115 -08 533 426.800.00 000 045 -115.10 534 61.200.00 0.00 114 - 661 -01 535 573.655.00 0.00 114 - 661 -02 536 590,565.00 0.00 INITIAL BOND ISSUE As As Preliminarily Confirmed App ve and Records 8,833.]5 8,833.]5 8,833.]5 8,833.]5 8,833.]5 8,833.]5 8,833.]5 8,833.]5 0.00 0.00 0.00 8,833.]4 0.00 0.00 0.00 17,667.49 1],66].49 1 ?66].49 17,667.49 8,833.]4 1],667.49 12667.49 8.833.74 0.00 0.00 19,400.93 19,400.93 19,400.93 19,400.93 19,400.93 19,400.93 9,700.4] 9,]00.4] 9,700,47 9,]00.4] 9,]00.4] 9700.47 15,850.77 111,205.25 8,833 75 1056].18 3466.8] 38,]81.53 8,83375 8,833.]5 6,833.75 8,833.]5 30,653.11 36,836.]3 26,501.25 0.00 0.00 48,585.61 22,084.37 0.00 0.00 0.00 4,416,86 0.00 17,667,49 106,004.96 61,836.23 0.00 1],667.49 0.00 0.00 0.00 Page 8 -8 TOTAL BOND ISSUE 0 s and 2nd Bond Issues) As As Preliminarily Confined AAggo red and Recorded 9,89].31 9,89].31 9,89].31 9,89].31 9,89].31 9,89].31 9,89].31 9,89].31 0,00 0.00 0.00 9,89].30 0.00 0.00 0.00 19,]94.60 19,]94.60 19,]94.60 19,]94.60 9,897.30 19,]94.60 19,794.60 9,89].30 0.00 0.00 21,52804 21,528.04 21,528.04 21,528.04 21,62a.04 21,528.04 10,]64.03 10764.03 10,764.03 10,]64.03 10764.03 10,]64.03 17 446.10 123,96].92 9,89].31 11,630.]4 3,466.87 42,684 .78 9,89].31 9,89].31 9,89].31 9,89].31 34,343.65 41,2]1.76 29,691.92 0.00 0.00 54,435.1] 24743.26 0.00 0.00 0.00 4,946 66 000 19,794.60 118,76].63 69,281.12 0.00 19,794.60 0.00 0.00 0.00 Value - to -Lien 92.32 ]5.44 54.84 40.44 10.6] 38.21 13.23 56.10 Na Na We 36.05 Na N2 N2 5.78 17.85 552 5.51 40.66 23.94 40.36 33.5] n/a n/a 18.07 22.3] 21.68 16.63 17.91 22.32 28.]5 2].49 30.12 23.4] 2].69 28.]9 5.65 11.23 25.52 17.92 282,4 16.2] 8.44 9.81 20.53 25.66 7.28 126.47 4.69 Na Na 6,54 T15 Na Na Na 29.32 Na 22.01 8.18 5.12 n/a 24.16 Na Na n/a CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) Section II - Assessment Roll Assessment Assessors Total Assessed Existing ID-No, Parcel No V,I,e Liens 114- 661 -03 537 129,033.00 0.00 114 - 561 -04 538 673,200.00 000 114- 661 -05 539 714,000.00 0,00 114- 651 -06 540 495,632.00 0.00 114 - 661 -07 541 140,575.00 0.00 114- 662 -01 542 12,246.00 0.00 424431 -03 543 28,938.00 0.00 424431 -04 544 248,831.00 0.00 424432 -01 595 100,701.00 0.00 424 -432 -02 546 95,818.00 0.00 424432 -03 547 139,798.00 0.00 424432 -05 548 149,386.00 0.00 424432 -06 549 137,072.00 0.00 424432.07 550 680,256.00 0.00 424- 432.08 551 108,141.00 0.00 424 - 432 -09 552 92459.00 0.00 424 - 432 -10 553 144,742.00 0.00 424. 433 -01 554 455,257.00 0.00 424 - 433 -02 555 427,560.00 0 00 424433 -03 556 430000.00 000 424433.04 557 144487.00 0.00 424 - 433 -05 558 261241.00 0.00 424. 433 -08 559 143,047.00 0.00 424. 433 -09 560 157,503.00 0.00 424. 433 -11 561 157,310.00 0.00 424333 -12 562 430,000.00 0.00 424433 -13 563 427.560.00 000 424. 434 -01 564 124,343.00 000 424. 434 -02 565 25,625.00 0.00 424. 434 -03 566 323,564.00 0.00 424. 434 -07 567 395,724.00 0.00 424- 434 -08 568 343,743.00 0,00 424434 -09 569 295,912.00 0.00 424. 434 -10 570 1,146,588.00 0.00 045- 010 -19 571 0.00 000 571 PARCELS 5185,907.096,00 $0,00 INITIAL BOND ISSUE As As Preliminanly Confirmed Approved and Recorded 0.00 0.00 0.00 0.00 0.00 0.00 0.00 58,119.46 19,400.92 17,667 49 4,416.88 0.00 0.00 000 17,667.49 19,400.92 4416.88 19,400.92 19,400.92 17,66].49 1],66].49 17,66].49 1].66].49 17,66T49 19,40092 6,625.31 19,400.92 17,667.49 1],66].49 17,667.49 17,667.49 17,667,49 17,667.49 44,168.73 0,00 $6,140,000.00 Page 8 -9 TOTAL BOND ISSUE (l stand 2nd Bond Issues) As As Preliminarily Confirmed Approve tl and Recorded 0.00 0.00 0.00 0.00 000 0.00 0.00 63,969.02 21,528.03 19,]94.60 4,948.66 0.00 0.00 0.00 19,794.60 21.528.03 4,948.66 21,528.03 21,528.03 19,]94.60 19,794.60 19,794.60 19,]94.60 19,]94.60 21,528.03 ],422.98 21,528,03 19,]94.60 19.794.60 19,]94.60 19,]94 60 19,]94.60 19,]94.60 49,486.51 000 56,800,000.00 Value - to -Lien No No n/a Na No Na No 4.28 5.19 5.42 31,65 Na No nla 6.12 4.77 32.]] 23.4] 22.04 24.34 8.18 14.]9 8.10 8.91 8.11 64.90 22.04 ].04 1.45 16,31 2240 19,46 16.]5 25.96 me 30.28 ENGINEER'S REPORT ASSESSMENT DISTRICT NO, 68 (NEWPORT SHORES) Table 2 Debt Limit Report Under the Resolution of Intention, the following satisfies the requirements of Part 7.5 of Division 4 of the California Streets and Highways Code: 1. Estimated Balance to Assessment $ 6,800,000.00 2. Unpaid Special Assessments $ Total 1 +2 $ 6,800,000.00 3. True Value of Parcels $ 185,907,096.00 Avers a Value to Lien Ratio _ 27.34:1_) * Unpaid Special Assessments shall consist of the total principal sum of all unpaid special assessments previously levied or proposed to be levied other than in the instant proceedings. ** True Value of Parcels means the total value of the land and improvements as estimated and shown on the last equalized roll of the County or as otherwise reasonably calculated. Note: As it is not within the purview of this report, nor the responsibility of the Assessment Engineer, this report makes no recommendations on parcel value, economic viability or financial feasibility. CERTIFICATION I, THE UNDERSIGNED Assessment Engineer, do hereby certify that 1. The total amount of the principal sum of the special assessments proposed to be levied, together with the principal amount of previously levied special assessments, as set forth above, do not exceed one -half (' /z) the total true value of the parcels proposed to be assessed; and 2. The proposed assessment amount upon any parcel does not exceed one -half (' /z) of the true value of the parcel. EXECUTED on this 1st day of)une 2004. MuniFinancial David L. Hunt, P.E. (CE 30514) Assessment Engineer d" u ' City of Newport Beach State of California x MuniFinancial Page 9 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO, 68 (NEWPORT SHORES) EXHIBIT 1 METHOD AND FORMULA OF ASSESSMENT BACKGROUND• Statutes require that assessments levied pursuant to the Municipal Improvement Act of 1913 be based on the estimated special benefit that the properties receive from the Works of Improvement. However, the law does not specify the method or formula that should be used to apportion the assessments in Assessment District proceedings. Further, Articles XIIIC and XIIID of the California Constitution require that only special benefits are assessable, that no assessment may exceed the proportional special benefit conferred on the parcel assessed and that publicly owned parcels shall not be exempt from assessment unless clear and convincing evidence demonstrates that such public owned parcels receive no special benefits from the improvements or services for which the assessment is levied. Special benefit is a particular and distinct benefit over and above general benefits conferred to the public at large on real property located in the Assessment District. General enhancement of property value does not constitute special benefit. Therefore, it is necessary to identify the benefit that the Works of Improvement will render to the properties within the Assessment District. It is also necessary that the properties receive a special and direct benefit as distinguished from general benefit to the general public. The responsibility rests with the Assessment Engineer, who is appointed for the purpose of analyzing the facts and detertr ning the method or formula for apportionment and the assessment obligation to the benefited properties. For these proceedings, the City has retained the firm of MuniFinancial /Willdan as the Assessment Engineer. The Assessment Engineer makes the recommendation for the method and spread of the apportionment at the public hearing. The final authority and action rest with the City Council after hearing all evidence and testimony presented at the public hearing and the tabulation of assessment ballots. Upon conclusion of the public hearing, the City Council must make the final determination as to whether or not the assessment spread has been made in direct proportion to the special benefit received by each parcel within the Assessment District. Ballot tabulation will then be completed, and if a majority of ballots, weighted by assessment amount, are in support of the assessment, then the City Council may establish the Assessment District. SPECIAL BENEFIT Recognizing the special benefit properties receive from the removal of overhead utility fines and poles, the Certificate of Sufficiency verified that property owners submitted a petition, signed by sixty -two (62 9/6) percent of the assessable area of property within the Assessment District boundaries. Planned improvements to the entire Assessment District will provide a special benefit as the conversion to the new distribution system will not only be safer, but will enhance service reliability and capacity while improving property aesthetics. MuniFinancial Page 10 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Further, the construction of these improvements will conform to existing City of Newport Beach, Southern California Edison, SBC Communications and Adelphia Cable standards, applicable to the value of Assessment District parcels, therefore providing a special and direct benefit to said properties. Therefore, 100% of the improvements are considered direct and special benefits only to the specific properties within the Assessment District and general benefit, if any, is de minimus. METHOD OF ASSESSMENT All parcels are assessed based on the direct and special benefit that they receive. All of the improvements have been shown to provide direct and special benefit to the properties and we have determined that there is no general benefit portion of the assessment to be considered. The properties within the Assessment District are a mixture of residential and commercially zoned properties with the exception of the Newport Shores Park property. The vast majority of the parcels are zoned single - family residential parcels (R -1). Since the single - family residential parcels receive the same benefit from the undergrounding of the overhead utilities and they make up the majority of the property types within the district, they will each be assigned one equivalent benefit unit or one EBU. Special benefits ascribed to commercial and other land use types will be equated to the single - family unit or EBU. This same approach applies to the parcels located on alleyways that are being reconstructed as part of the District improvements. Only the parcels that are located along the alleyways benefit from these improvements and receive a special benefit. Since the front footage of most of the single - family and multi- residential parcels is approximately the same, all of the residential parcels located along the alleyways will be assigned one EBU. Benefit to commercial and other land use types will be equated to the residential units or EBU. R -2 Zoned Properties R -2 Zoned properties have the potential to have two dwelling units located on the parcel. Since each dwelling unit is likely to use a similar amount of electrical and other utility services as a typical single - family residential parcel, R -2 zoned lots will be assigned 2 EBUs per parcel. Anartment Properties Apartment site properties are assessed 1 EBU for each apartment located in the building. This is the case since each apartment unit is likely to use a similar amount of electrical and other utility services as a typical single -family residential parcel. Below is a listing of the apartment parcels and their meliminary assessment amount. APN Assessment ID No. No. of Apartment Units EBUs Preliminary Assessment 045- 084 -01 508 12 12 $123,967.92 045 - 114 -15 530 12 12 $118,767.63 MuniFinancial Page 11 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Commercial Property The commercial property was assigned EBUs based on the parcel's average width along the streets being undergrounded as compared to the average front footage for a single - family residential parcel. The average front footage for a single - family residential parcel has been calculated at 30 feet. Park The City owned park does not have connections to electricity, telephone or cable and therefore does not receive a special benefit. Consequently, these parcels will have a $0 assessment. Non Assessed and Partially Assessed Parcels Parcels that are already served by existing underground utilities (electricity and telephone) located on West Pacific Highway will not benefit from the utility improvements for this District. Therefore, they are not assessed for the utility construction costs. Parcels served with existing underground utilities but not underground telephone service are assessed at one -half (' /z) the rate of other parcels with the same land use. Detail of EBUs and Assessments After determining the number of EBUs per parcel based on the above for both utility undergrounding and for alleyway improvements, each parcels total number of EBUs were added together and divided by the total dollar amount of the specific improvements (utility undergrounding or alleyway improvements). This resulted in a dollar amount per EBU that is then multiplied by each parcel's number of EBUs to determine the assessment amount. The incidental and financing costs are allocated to each parcel in the District on a prorated basis based on each parcel's share of the total construction costs. This percentage is then multiplied by the total cost of incidental and financing cost's to determine the individual parcel's share. The table located at the end of this section displays individually by assessor parcel number, the number of EBUs assigned for each improvement and the corresponding assessment amount. Conclusion It is my opinion that the assessments for Assessment District No. 68 (Newport Shores) are allocated in accordance with the direct and special benefit that the land receives from the Works of Improvement. MuniFinancial/ W illdan David L. Hunt, P.E. (CE 30514) Assessment Engineer �M, City of Newport Beach aa, No. ^w, 3051a fi q Eve.] -vas p s� Fo✓ L�fo�' MuniFinancial Page 12 City of Newport Beach CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -1 4,764,526.55 574,410.00 781,063.45 6,140,000.00 660,000.00 Assessoes Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total tat ITCC Preliminary Parcel No I.D. No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045- 010 -15 1 0.0 $0.00 0.0 $0.00 $0.00 $0.00 $0.00 $0.00 045 - 010 -16 2 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -17 3 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -18 4 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -20 5 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -21 6 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -22 7 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -23 8 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045 - 010 -26 9 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 051 -09 10 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19,794.61 045 - 051 -10 11 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2.127.11 19,794.61 045 - 051 -11 12 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19,794.61 045 - 051 -12 13 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2,127.11 19.794.61 045 - 051 -13 14 2.0 15,420.03 0.0 0.00 2,247.47 17,667.50 2.127.11 19,794.61 045 - 052 -03 15 1.0 7,710.01 1.0 1.512.92 1,344.25 10.567.18 1.063.56 11,630.74 045 - 052 -04 16 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 11063.56 11,630.74 045 - 052 -05 17 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 1.06156 11.630.74 045- 052 -06 18 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045- 052 -08 19 1.0 7,710.01 1.0 1,512.92 1,344.25 10.567.18 1.063.56 11.630.74 045 -052 -D9 20 1.0 7,710.01 1.0 1,512.92 1.344.25 10,567,18 1.063.56 11,630.74 045 - 052 -10 21 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11.630.73 045 - 052 -11 22 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.56 11,630.73 045 - 052 -12 23 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1,06156 11,630.73 045 - 052 -13 24 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1.063.56 11,630.73 045 - 052 -14 25 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1.063.56 11.630.73 045- 053 -02 26 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11.630.73 045- 053-03 27 1.0 7.710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.56 11,630.73 045 - 053 -05 28 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.56 11,630.73 045 - 053 -06 29 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11,630.73 045 - 053 -10 30 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1.063.56 11.630.73 045 - 053 -12 31 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.56 11.630.73 045 - 053 -13 32 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11.630.73 045 - 053 -17 33 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1,063.56 11,630.73 045 - 053 -18 34 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11,630.73 045 - 053 -19 35 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.56 11,630.73 045 - 053 -20 36 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1.063.56 11,630.73 045 - 053 -21 37 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11.630.73 045-053 -23 38 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11.630.73 045 - 053 -24 39 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11,630.73 045 - 053 -25 40 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11,630.73 045 - 053 -26 41 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11,630.73 045- 053 -27 42 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.56 11.630.73 045 - 053 -28 43 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11,630.73 045 - 053 -29 44 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11.630.73 045- 053 -30 45 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11,630.73 045 - 053 -31 46 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 11063.56 11,630.73 045 - 053 -32 47 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.56 11.630.73 045 - 053 -33 48 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 D45- 053 -34 49 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.30 045 - 053 -35 50 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 053 -36 51 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1.063.56 9,897.30 045 - 053 -37 52 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 053 -38 53 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9.697.30 045 - 053 -39 54 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 053-40 55 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 -053 -01 56 1.0 7,710.01 0.0 0.00 1.123.73 8.833.74 1,063.56 9,897.30 045 -053 -02 57 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9,897.30 045 - 053-45 58 1.0 7.710.01 1.0 1.512.92 1,344.24 10.567.17 1.063.56 11,630.73 045 - 054 -26 59 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 054 -27 60 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1.063.56 9.897.30 045 - 054 -28 61 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045 - 054 -29 62 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9.897.30 045 - 054 -30 63 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1.063.56 9.89730 045 - 054 -31 64 1.0 7.710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045- 054 -32 65 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9.897.30 045 - 054 -33 66 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9.897.30 045- 054 -34 67 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 Page 12 -1 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -2 4,784,526.55 574,410.00 781,06145 6,140,000.00 660,000.00 Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total tat ITCC Preliminary Parcel No, I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 - 054 -35 68 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9,897.30 045 - 054 -36 69 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9,897.30 045 - 055 -01 70 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 045 - 055 -02 71 1.0 7.710.01 0.0 0.00 1,123.73 8.833.74 1,063.56 9,897.30 045 - 055 -03 72 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9,897.30 045- 055 -05 73 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9.897.30 045 - 055 -06 74 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9.897.30 045- 055 -08 75 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.063.56 9,897.30 045 - 055 -25 76 1.0 7,710.01 0.0 0.00 1.123.73 8.833.74 1,063.56 9,897.30 045 - 055 -26 77 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.56 9,897.30 114 - 661 -11 78 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 055 -28 79 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045 - 055 -29 80 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -30 81 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063.55 9,897.29 045- 055 -31 82 1.0 7,710.01 0.0 0.00 1,12173 8,833.74 1,063.55 9,897.29 045- 055 -32 83 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -33 84 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -34 85 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1.063.55 9.897.29 045 - 05535 86 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055.36 87 1.0 7,710.01 0.0 0.00 1.123.73 8.833.74 1,063.55 9,897.29 045- 055 -37 88 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -38 89 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1.06155 9,897.29 045- 055 -39 90 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045- 055 -40 91 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045 - 055 -41 92 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055-42 93 1.0 7.710.01 0.0 0.00 1.123.73 8.833.74 1,063.55 9.89729 045- 055-43 94 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055-44 95 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045 -05545 96 1.0 7,710.01 0.0 0.00 1,123.73 8,833,74 1,063.55 9,897.29 045- 055 -46 97 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897,29 045 -05547 98 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045 - 055 -48 99 1.0 7,710.01 0.0 0.00 1.123,73 8,833.74 1,063.55 9,897.29 045 -05549 100 1.0 7,710.01 0,0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -51 101 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897,29 045 - 055.52 102 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055.53 103 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9.897,29 045- 055 -54 104 1.0 7,710.01 0,0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -55 105 1.0 7,710.01 0.0 0.00 1.123,73 8,633.74 1.063.55 9,897.29 045 - 055 -56 106 1.0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.55 9,897.29 045 - 055 -57 107 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1,063,55 9,897.29 045 - 055 -58 108 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045 - 055 -59 109 1.0 7,710.01 0.0 0,00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -60 110 1.0 7,710,01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 055 -61 111 1.0 7.710.01 0.0 0.00 1.123.73 8.833.74 1,063.55 9,897.29 045- 055 -62 112 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897,29 045- 056 -32 113 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045- 056 -33 114 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1.06155 11,630,72 045- 056 -34 115 1.0 7,710.01 1.0 1.512.92 1.344,24 10,567.17 1,063.55 11,630.72 045- 061 -06 116 1.0 7.710.01 1.0 1,512,92 1,344.24 10,567.17 1.063.55 11,630.72 045- 061 -10 117 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045- 061 -11 118 1.0 7,710.01 1.0 1,512.92 1.344,24 10,567.17 1,063.55 11,630.72 045 - 061 -12 119 1.0 7,710.01 1.0 1,512.92 1.344.24 10,567.17 1,063.55 11,630.72 045 - 061 -13 120 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 061 -14 121 1.0 7,710.01 1,0 1,512.92 1.344.24 10,567.17 1.063.55 11,630,72 045 - 061 -15 122 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567,17 1,063.55 11,630.72 045 - 061 -16 123 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 061 -17 124 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045 - 061 -18 125 1.0 7,710.01 1.0 1,512.92 1,344,24 10,567.17 1,06355 11,630.72 045- 061 -19 126 1.0 7.710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045 - 061.20 127 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1,063.55 11,630.72 045. 061 -22 128 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045- 061 -24 129 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045061 -25 130 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 061 -26 131 1.0 7,710,01 1.0 1,512.92 1,344,24 10.567.17 1,063.55 11,630.72 045. 061.27 132 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045. 061.28 133 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045 - 061 -29 134 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 Page 12 -2 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -3 4,784,526.55 574,410.00 781,063.45 6,140.000.00 660.000.00 Assessors Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D_No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 045 - 061 -30 135 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 061 -31 136 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1,063.55 11.630.72 045- 061 -32 137 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1,063.55 11,630.72 045 - 061 -33 138 1.0 7,710.01 1.0 1.512.92 1.344.24 00,567.17 1.063.55 11,630.72 045 - 061 -36 139 1.0 7,710.01 1.0 1,512,92 1,344.24 00,567.17 1.063.55 11.630.72 045- 061 -37 140 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 061 -38 141 1.0 7,710.01 1.0 1.512.92 1,344.24 0,567.17 1,063.55 11,630.72 045 - 062 -07 142 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1,063.55 11,630.72 045- 062 -08 143 1.0 7,710.01 1.0 1.512.92 1.344.24 10,567.17 1.063.55 11.630.72 045- 062 -09 144 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063,55 11,630,72 045 - 062 -10 145 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 062 -11 146 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063.55 11,630.72 045- 062 -12 147 1.0 7,710.01 1.0 1,512,92 1,344.24 10,567 -17 1.063.55 11,630.72 045- 062 -13 148 1.0 7,710.01 1.0 1,512.92 044,24 10,567.17 1.063.55 11,630.72 045 - 062 -15 149 1.0 7,710.01 1.0 1,512.92 044.24 10.567.17 1,063.55 11,630.72 045 - 062 -16 150 1.0 7,710.01 1.0 1,512,92 044.24 0.567.17 1,063.55 11,630.72 045 - 062 -17 151 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1,063.55 11,630,72 045- 062 -18 152 1.0 7,710.01 1.0 1512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 062 -19 153 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 062 -20 154 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11.630.72 045- 062 -21 155 1.0 7,710.01 1.0 1,512.92 044,24 0.567.17 1.063.55 11.630.72 045 - 062 -22 156 1.0 7,710.01 1.0 1.512.92 1,344.24 0.567.17 1.063.55 11.630,72 045 - 062 -23 157 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 062 -25 158 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1,063.55 11.630.72 045 - 062 -26 159 1.0 7,710.01 1.0 1,512,92 1,344.24 10,567.17 1,063.55 11,630,72 045 - 062 -27 160 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1.063.55 11630.72 045 - 063 -04 161 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630,72 045- 063 -05 162 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1.063.55 11,630.72 045- 063 -06 163 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063.55 11,630.72 045 - 063 -07 164 1,0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 063 -08 165 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 063 -09 166 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 1[.630,72 045 - 063 -10 167 1.0 7,710.01 1.0 1,512,92 1,344.24 0.567.17 1,063.55 11,630.72 045 - 063 -11 168 1.0 7,710.01 1.0 1512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 063 -12 169 1.0 7,710.01 1.0 1,512.92 1,344.24 0,567.17 1.063.55 11,630.72 045-063 -13 170 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1.063.55 11.630.72 045 - 063 -15 171 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11630.72 045 - 063 -16 172 1.0 7.710.01 0.0 0.00 1,123.73 8.833.74 1.063.55 9,897.29 045 - 063 -18 173 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 063 -19 174 1.0 7,710.01 1.0 1,512.92 044.24 10,567.17 1.063.55 11,630.72 045 - 063 -20 175 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063,55 11,630.72 045 - 063 -21 176 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063.55 11,630.72 045 - 063 -22 177 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11.630.72 045 - 063 -23 178 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630,72 045 - 063-24 179 1.0 7,710.01 1.0 1,512.92 1,344.24 0,567.17 1,063.55 11,630.72 045 - 064 -05 180 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063.55 11,630.72 045 - 064 -10 181 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063,55 11,630.72 045- 064 -11 182 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1.063.55 11,630.72 045- 064 -12 183 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 064 -13 184 1.0 7,710.01 1.0 1512.92 044.24 10,567.17 1.063,55 1i.630,72 045 - 064 -14 185 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11.630.72 045 - 064 -16 186 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11.630.72 045 - 064 -18 187 1.0 7,710.01 1.0 1,512.92 1.344.24 10.567.17 1.063.55 11,630.72 045 - 064 -19 188 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1.063.55 11,630.72 045 - 064 -20 189 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11 .63072 045 - 064 -21 190 1.0 7,710.01 1.0 1512.92 044.24 00,567.17 1,063.55 11,630.72 045 - 064 -22 191 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 064 -23 192 1.0 7,710.01 1.0 1512.92 044,24 10,567.17 1.063.55 11 .630.72 045- 064 -24 193 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1,063.55 11.630.72 045 - 064 -25 194 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1.063.55 11,630.72 045 - 064 -26 195 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1.063.55 11,630.72 045- 064 -27 196 1.0 7,710.01 1.0 1,512.92 1,34424 10,567.17 1.063.55 11,630.72 045 - 064 -28 197 1,0 7,710.01 1.0 1,512.92 044.24 0.567.17 1.063.55 11,630,72 045 - 064 -29 198 1.0 7,710.01 1.0 1.512,92 1,344.24 10,567.17 1.063.55 11 ,630.72 045 - 064 -30 199 1.0 7,710.01 1.0 1,512.92 1,344.24 0.567.17 1,063.55 11.630.72 045 - 064 -31 200 1.0 7,710.01 1.0 1,512,92 1,344.24 0,567.17 1,063.55 11630.72 045 - 064 -32 201 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 Page 12 -3 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12.4 4,784.526.55 574,410.00 781.063.45 6,140,000.00 660,000.00 Assessor's Assessment UtiIItV Costs Total UtIIitV AIIev Costs Total Allev Incidental Total tat ITCC Preliminary Parcel No. I.D_No. EBUs Costs Me Costs Costs Bond Issue Costs Total Assessment 045.064 -33 202 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 064 -34 203 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064.35 204 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 064 -36 205 1.0 7,710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045 - 065 -06 206 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -07 207 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -08 208 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -09 209 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -10 210 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -11 211 1.0 7,710.01 1.0 1,512.92 1,34424 10,567.17 1,063.55 11,630.72 045- 065 -12 212 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -13 213 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -14 214 1.0 7,710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11630.72 045- 065 -15 215 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -16 216 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -17 217 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -18 218 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9,897.29 045- 065 -20 219 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,06155 11,630.72 045- 065 -21 220 1,0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -23 221 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -24 222 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -25 223 1.0 7,710.01 1.0 1,512.92 1,34424 10,567.17 1,063.55 11,630.72 045- 065 -26 224 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -27 225 1.0 7,710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045- 065 -29 226 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11630.72 045- 065 -30 227 1.0 7,710,01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -31 228 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -32 229 1.0 7,710,01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -33 230 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 065 -34 231 1.0 7.710.01 1.0 1,512,92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -35 232 1.0 7.710,01 1.0 1,512.92 1,344.24 10,567.17 1,063,55 11,630.72 045- 065 -36 233 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -37 234 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -38 235 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 065 -39 236 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 -065 -40 237 1.0 7,710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045- 065 -41 238 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630,72 045- 066 -07 239 1.0 7,710,01 1.0 1,512,92 1,344,24 10,567.17 1,063.55 11,630.72 045- 066 -08 240 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -09 241 1.0 7,710.01 1,0 1,512,92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -10 242 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,06155 11,630.72 045- 066 -11 243 1,0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -12 244 1,0 7.710.01 1.0 1,512.92 1,344.24 10,567,77 1,063.55 11,630,72 045- 066 -13 245 1.0 7,710.01 1.0 1.512.92 1,344,24 10,567.17 1,063.55 11,630.72 045- 066 -14 246 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063,55 11,630,72 045- 066 -15 247 1.0 7,710,01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -16 248 1.0 7,710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045- 066 -17 249 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567,17 1,063.55 11,630.72 045 - 066 -18 250 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -19 251 1.0 7.710.01 1.0 1.512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 066 -20 252 1.0 7,710.01 1.0 1.512.92 1,344.24 10.567.17 1,06155 11,630.72 045 - 066 -22 253 1.0 7,710.01 1.0 1.512.92 1,344.24 10,567.17 1,06155 11,630.72 045- 066 -23 254 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -24 255 1.0 7.710.01 0.0 0,00 1,123.73 8,833.74 1063.55 9,897,29 045 - 066 -25 256 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -26 257 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -27 258 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066.28 259 1.0 7.710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045 - 066 -29 260 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -30 261 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045 - 066 -31 262 1.0 7.710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 066 -32 263 1.0 7.710.01 1.0 1,512.92 1344.24 10,567.17 1,063.55 11,630.72 045 - 066.33 264 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045 - 066 -34 265 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,06155 11,630.72 045 - 066 -35 266 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 066 -36 267 1.0 7,710.01 1.0 1,512.92 1,344.24 10,567.17 1,063.55 11,630.72 045- 066 -37 268 1.0 7.710.01 1.0 1,512.92 1,344.24 10,567,17 1,063.55 11,630.72 Page 12.4 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -5 4,784,526.55 574,410.00 781,063.45 6,140,000.00 660.000.00 Assessoes Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D. No EBUs Costs Me Costs Costs Bond Issue Costs Total Assessment 045- 066 -38 269 1.0 7,710.01 1.0 1,512.92 1,344.24 10.567.17 1,063.55 11,630.72 045- 066 -39 270 1.0 7,710.01 0.0 0.00 1,123.73 8,833.74 1,063.55 9.897.29 045 -066 -00 271 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -01 272 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9.897.30 045 -066 -02 273 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -03 274 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -04 275 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -05 276 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9.897.30 045 -066 -06 277 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 045 -066 -07 278 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -08 279 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.55 9,897.30 045 -066 -09 280 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1.063.55 9,897.30 045- 066 -50 281 1.0 7.710.02 0.0 0.00 1,123.73 8.833.75 1,063.55 9,897.30 045- 066.51 262 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1.063.55 9,897.30 045- 066 -52 283 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.55 9.89730 045- 066 -53 284 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.55 9.897.30 045- 067 -02 285 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.55 11,630.73 045- 067 -06 286 1.0 7,710.02 1.0 1.512.92 1.344.24 10.567.18 1,063.55 11.630.73 045- 067 -10 287 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1.063.55 11,630.73 045- 067 -12 288 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1,063.55 11.630.73 045 - 067 -13 289 1.0 7,71D.02 1.0 1,512.92 1,344.24 10,567.18 1,063.55 11,630.73 045- 067 -14 290 1.0 7.710.02 1.0 1,512.92 1.344.24 10,567.18 1,063.55 11,630.73 045- 067 -15 291 1.0 7,710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.55 11,630.73 045 - 067 -16 292 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.55 11,630.73 045- 067 -17 293 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1,063.55 11,630.73 045- 067 -18 294 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045- 067 -19 295 1.0 7,710.02 1.0 1.512.92 1.344.24 10,567.18 1,063.56 11,630.74 045- 067 -20 296 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 067 -21 297 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 067 -22 298 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -067 -23 299 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 067 -24 300 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 067 -25 301 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 067 -26 302 1.0 7,710.02 1.D 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 067 -27 303 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 067 -28 304 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 045- 067 -29 305 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 067 -30 306 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 067 -31 307 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 067 -32 308 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -067 -34 309 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 067 -35 310 1.0 7,710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9,897.31 045- 067 -37 311 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 - 067 -38 312 1.0 7,710.02 1.0 1.512.92 1.344.24 10,567.18 1.063.56 11,630.74 045- 067 -39 313 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 045 -067 -00 314 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -067 -01 315 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -067 -02 316 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1.063.56 11,630.74 045 -067 -03 317 1.0 7,710.02 1.0 1.512.92 1.344.24 10.567.18 1.063.56 11.630.74 045 -067 -04 318 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045 -067 -05 319 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -067 -06 320 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 -067 -07 321 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1.063.56 11,630.74 045 -067 -08 322 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -06749 323 1.0 7.710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 067 -50 324 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 067 -51 325 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 -067 -52 326 1.0 7,710.02 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 067 -53 327 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 - 067 -54 328 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045 - 067 -55 329 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 067 -56 330 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.06156 11,630.74 045 - 067 -57 331 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045- 071 -18 332 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045 - 071 -20 333 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 045- 071 -22 334 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045- 071 -23 335 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11.630.74 Page 12 -5 Assessoes Parcel No. 045- 071 -24 045- 071 -25 045- 071.26 045- 071 -27 045- 071 -28 045- 071 -31 045. 071 -32 045- 071 -35 045- 071.36 045- 071 -37 045- 071 -38 045- 071 -39 045 -071 -40 045- 071-41 045- 071-42 045 - 071-43 045- 071 -44 045- 071 -46 045 -071 -47 045- 071 -50 045- 071 -52 045- 071 -53 045- 071 -54 045- 071 -55 045- 071 -56 045- 071 -57 045- 071 -58 045- 072 -07 045- 072 -09 045- 072 -12 045- 072 -15 045- 072.16 045- 072 -17 045- 072 -18 045- 072.19 045- 072.20 045- 072.21 045- 072.22 045- 072 -23 045- 072 -24 045 - 072.25 045- 072 -26 045- 072.28 045- 072 -29 045- 072.30 045- 072.31 045- 072.32 045- 072.33 045- 072 -34 045- 072 -35 045- 072 -36 045 - 072.37 045- 072 -39 045. 072-40 045 -072A1 045 -072 -42 045 -072A3 045 -072 -44 045 -072 -45 045- 072 -46 045 -072A7 045- 072 -50 045- 072 -51 045 - 072 -52 045- 072 -53 045- 072 -54 045- 072 -55 Assessment I.D. No, 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation 4,784,526.55 Utility Costs Total Utility EBUs Costs 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1,0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7.710,02 1.0 7,710.02 1,0 7,710.02 1.0 7,710.02 1.0 7,710,02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710,02 1.0 7,710.02 1,0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 1.0 7,710.02 Page 12 -6 574,410.00 781,063.45 6,140,000.00 660,000,00 Alley Costs Total Alley Incidental Total let ITCC Preliminary EBUs Costs Costs Bond Issue Costs Total Assessment 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1.344.24 10,567.18 1.06156 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,63 0.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,34424 10,567.18 1,063.56 11.630.74 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 1.0 1,512.92 1.344.24 10, 567.18 1,063.56 11, 630.74 1.0 1,512.92 1.344.24 10, 567.18 1.063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1.51Z92 1,344.24 10, 567.18 1.063.56 11,630, 74 1.0 1,512.92 1,344.24 10, 567.18 1.063.56 11,630.74 1.0 1,512.92 1.344.24 10, 567,18 1,063.56 11.630.74 1.0 1,512.92 1.344.24 10, 567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1.344.24 10, 567.18 1,063.56 11, 630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10, 567.18 1,063.56 11.63034 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567,18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512,92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10,567,18 1,063.56 11,630.74 1,0 1,512.92 1,344,24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 044.24 10, 567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344,24 10,567,18 1,063.56 11.630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10, 567.18 1.063.56 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512,92 1,344.24 10.567.18 1,063,56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063,56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1,0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10,567.18 1,06156 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,06156 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1.512.92 1.344.24 10.567.18 1,063.56 11.630.74 1.0 1.512.92 1,344.24 10.567,18 1,063.56 11.630.74 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11.630.74 1.0 1,512.92 1,344.24 10,567.18 1,06156 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 1.0 1.512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1.344.24 10.567.18 1,063.56 11,630.74 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11.630.74 1.0 1,512.92 1.344.24 10,567.18 1,063.56 11,630.74 Page 12 -6 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -7 4,784,526.55 574.410.00 781.063.45 6.140,000.00 660.000.00 Assessoes Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.D�Nc . EBUs Costs EBUs Costs Costs Bond Issue Coals Total Assessment 045- 072 -56 403 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045. 072 -57 404 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 072 -58 405 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045. 072 -59 406 1.0 7.710.02 1.0 1.512.92 1,344.24 10.56718 1,063.56 11,630.74 045- 072 -60 407 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1.063.56 11,630.74 045- 072 -61 408 1.0 7,710.02 1.0 1,512.92 1,344.24 10,567.18 1,063.56 11,630.74 045- 072 -62 409 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11.630.74 045 - 073.07 410 1.0 7.710.02 1.0 1.512.92 1,344.24 10,567.10 1,063.56 11,630.74 045 -07308 411 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 045- 073 -09 412 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1.063.56 11,630.74 045- 073 -10 413 1.0 7,710.02 1.0 1,512.92 1,344.24 10.567.18 1,063.56 11,630.74 045- 073 -11 414 1.0 7,710.02 1.0 1,512.92 1.344.24 10.567.18 1.063.56 11,630.74 045- 073 -12 415 1.0 7,710.02 1.0 1,512.92 1.344.24 10,567.18 1.063.56 11.630.74 045- 073 -13 416 1.0 7.710.02 1.0 1.512.92 1,344.24 10,567.18 1,063.56 11.630.74 045 -07314 417 1.0 7,710.02 1.0 1.512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 073 -15 418 1.D 7,71D.02 1.0 1,512.91 1,344.24 10.567.17 1.063.56 11.630.73 045- 073 -16 419 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045 -07317 420 1.0 7,710.02 1.0 1.512.91 1.344.24 10.567.17 1.063.56 11.630.73 045- 073 -18 421 1.0 7,710.02 1.0 1.512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 073 -19 422 1.0 7,710.02 1.0 1.512.91 1.344.24 10,567.17 1.063.56 11.630.73 045- 073 -20 423 1.0 7.710.02 1.0 1.512.91 1,344.24 10.567.17 1,063.56 11.630.73 045- 073 -21 424 1.0 7,710.02 1.0 1.512.91 1,344.24 10,567.17 1.063.56 11.630.73 045 - 073 -22 425 1.0 7,710.02 1.0 1.512.91 1.344.24 10,567.17 1.063.56 11,630.73 045- 073 -23 426 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11.630.73 045- 073 -24 427 1.0 7.710.02 1.0 1,512.91 1.344.24 10,567.17 1,063.56 11,630.73 045- 073 -25 428 1.0 7,710.02 1.0 1.512.91 1.344.24 10,567.17 1.063.56 11.630.73 045- 073-26 429 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 073 -27 430 1.0 7,710.02 1.0 1,512.91 1.344.24 10,567.17 1.063.56 11.630.73 045- 073 -29 431 1.0 7.710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 074 -05 432 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9.897.31 045- 074 -06 433 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9.897.31 045- 074 -07 434 1.0 7,710.02 0.0 0.00 1.123.73 8.833.75 1,063.56 9,897.31 045- 074 -08 435 1.0 7.710.02 0.0 0.00 1,123.73 8.833.75 1,063.56 9,897.31 045- 074 -09 436 1.0 7.710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045- 074 -10 437 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045- 074 -11 438 1.0 7,710.02 0.0 0.00 1.123.73 8.833.75 1,063.56 9.897.31 045- 074 -12 439 1.0 7.710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9,897.31 045- 074 -13 440 1.0 7.710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9.897.31 045- 074 -14 441 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9,897.31 045 - 074 -15 442 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1.063.56 9,897.31 045- 074 -16 443 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1.063.56 9.897.31 045 - 074 -17 444 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045- 074 -18 445 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 074 -20 446 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,89731 045- 075 -07 447 1.0 7.710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 075 -08 448 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11.630.73 045- 075 -09 449 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 075 -10 450 1.0 7,710.02 1.0 1,512.91 1,344.24 10.567.17 1,063.56 11.630.73 045- 075 -11 451 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063,56 11,630.73 045- 075 -12 452 1.0 7.710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 075 -13 453 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 075 -14 454 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 075 -15 455 1.0 7,710.02 1.0 1.512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 075 -18 456 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 075 -19 457 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11630.73 045- 075 -20 458 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 075 -21 459 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11.630.73 045- 075 -22 460 1.0 7,710.02 1.0 1,512.91 1.344.24 10.567.17 1.063.56 11,630.73 045- 075 -23 461 1.0 7,710.02 1.0 1,512.91 1,344.24 10,567.17 1.063.56 11,630.73 045- 075 -24 462 1.0 7,710.02 1.0 1.512.91 1,344.24 10,567.17 1,063.56 11,630.73 045- 075 -25 463 1.0 7.710.02 1.0 1,512.91 1,344.24 10,567.17 1,063.56 11,63033 045 -075 -26 464 1.0 7,710.02 1.0 1,512.91 1,344.24 10 567.17 1,063.56 11,630.73 045- 075 -27 465 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9.89731 045- 075 -28 466 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045- 075 -29 467 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9.897.31 045- 075 -30 468 1.0 7.710.02 0.0 0.00 1,123.73 8,833.75 1.063.56 9,897.31 045- 075 -31 469 1.0 7.710.02 0.0 0.00 1.123.73 8.833.75 1,063.56 9,897.31 Page 12 -7 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -8 4,784,526.55 574,410.00 781,063.45 6,140,000.00 660,000.00 Assessor's Assessment Utility Costs Total Utility Alley Costs Total Alley Incidental Total 1st ITCC Preliminary Parcel No. I.U. No. EBUs Costs EBUs Costs Costs Bond issue Costs Total Assessment 045 - 075 -32 470 1.0 7.710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045 - 075 -35 471 1.0 7.710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045- 075 -36 472 1.0 7,710.02 0,0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 075 -37 473 1.0 7.710.02 0.0 0.00 1,123,73 8,833.75 1,063.56 9,897,31 045 - 075 -38 474 1.0 7,710.02 0.0 0.00 1,123.73 8,833.75 1,063.56 9,897.31 045 - 081 -07 475 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9.897.31 045 - 081 -08 476 1.0 7,710.02 0.0 0.00 1.123.73 8,833.75 1,063.56 9,897.31 045- 081 -09 477 1,0 7,710.02 0.0 0.00 1,123.73 8,833,75 1,063.56 9,897.31 045- 081 -14 478 0.0 0.00 0.0 0.00 0,00 0.00 0,00 0,00 045 - 081 -15 479 0,0 0.00 0.0 0,00 0,00 0,00 0.00 0.00 045- 081 -16 480 0.0 0.00 0.0 0.00 0,00 0.00 0.00 0.00 045 - 081 -17 481 1.0 7,710.01 0.0 0.00 1,123.73 8.833.74 1063.56 9,897,30 045- 081 -18 482 0.0 0.00 0,0 0.00 0.00 0.00 0.00 0.00 045 - 081 -19 483 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 081 -20 484 0.0 0.00 0.0 0,00 0,00 0.00 0.00 0.00 045 - 082 -04 485 2.0 15.420.03 0.0 0.00 2247,46 17,667.49 2,127.11 19,794.60 045 - 082 -05 486 2,0 15,420.03 0.0 0.00 2.247.46 17,667.49 2,127.11 19,794.60 045 - 082 -06 487 2.0 15,420.03 0.0 0.00 2247.46 17,667.49 2.127.11 19,794.60 045. 082.07 488 2.0 15,420.03 0.0 0.00 2,247.46 17.667,49 2,127.11 19,794,60 045 - 082 -08 489 1,0 7,710.01 0.0 0.00 1.123.73 8,833.74 1,063.56 9,897.30 045 -082.10 490 2.0 15,420.03 0.0 0.00 2.247.46 17,667.49 2.127.11 19,794.60 045- 082.11 491 2.0 15.420.03 0,0 0.00 2247.46 17 667.49 2.127.11 19,794.60 045.08213 492 1.0 7,710.01 0.0 0,00 1,123.73 8,833.74 1,063.56 9,897.30 045- 082 -16 493 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045. 082.17 494 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 083 -01 495 2.0 15.420.03 1.0 1,512.92 2.467.98 19A00.93 2,127.11 21,528.04 045 - 083 -09 496 2.0 15.420.03 1.0 1,512.92 2,467.98 19.400.93 2,127.11 21.528.04 045- 083.10 497 2.0 15,420.03 1.0 1,512.92 2.467.98 19,400.93 2.127.11 21,528.04 045- 083.11 498 2.0 15.420.03 1.0 1,512.92 2,467.98 19,400.93 2.127.11 21,528.04 045- 083 -12 499 2.0 15,420.03 1.0 1,512.92 2.467.98 19,400.93 2,127.11 21,528.04 045- 083 -13 500 2.0 15,420.03 1.0 1,512.92 2.467.98 19,400,93 2,127.11 21,528.04 939 - 720 -01 501 1.0 7.710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10.764.03 939 - 720 -02 502 1.0 7.710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -03 503 1.0 7,710.01 0.5 756.46 1.234.00 9.700.47 1,063.56 10.764.03 939 -720 -04 504 1.0 7,710.01 015 756.46 1.234.00 9,700.47 1,063.56 10,764.03 939 - 720 -05 505 1.0 7,710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 939 - 720 -06 506 1.0 7.710.01 0.5 756.46 1,234.00 9,700.47 1,063.56 10,764.03 045 - 083 -15 507 1.5 11,565.02 1.5 2,269.38 2,016.37 15,850.77 1,595.33 17,446.10 045 - 084 -01 508 12.0 92.520.17 3.0 4,538.76 14.146.32 111,205.25 12,762.67 123,967.92 045 - 084 -03 509 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045 - 084 -04 510 1.0 7,710.01 1.0 1,512.92 1,344.25 10,567.18 1,063.56 11,630.74 045- 084 -06 511 0.0 0.00 2.0 3.025.84 441.03 3.466.87 0.00 3,466.87 045- 084 -09 512 3.7 28,295.75 3.7 5,552.41 4,933.37 38,781.53 3,903.25 42,684.78 045- 084 -10 513 1.0 7,710.01 0.0 0.00 1.123.74 8,833.75 1,063.56 9,897.31 045- 111 -15 514 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045- 111 -17 515 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9,897.31 045- 111 -18 516 1.0 7,710.01 0.0 0.00 1,123.74 8,833.75 1,063.56 9.897.31 045 - 111 -19 517 3.5 26,753.75 0.0 0.00 3.899.36 30,653.11 3,690.54 34,343.65 045- 111 -20 518 4.2 32,150.76 0.0 0100 4.685.97 36,836.73 4,435.03 41,271.76 045- 112 -01 519 3.0 23,130.04 0.0 0.00 3,371.21 26,501.25 3,190.67 29,691.92 045- 112 -08 520 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 112 -09 521 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 112 -10 522 5.5 42.405.08 0.0 0.00 6.180.53 48,585.61 5,849,56 54,435.17 045- 112 -11 523 2.5 19,275.04 0.0 0.00 2.809.33 22,084.37 2,658.89 24,743.26 045 - 113 -01 524 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 113 -02 525 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045 - 113 -03 526 0.0 0.00 0 0.00 0.00 0.00 0.00 0.00 045- 114 -08 527 0.5 3.855.01 0.0 0.00 561.87 4,416.88 531.78 4,948.66 045- 114 -09 528 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 114 -13 529 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 045- 114 -15 530 12.0 92,520.17 0.0 0.00 13.484.79 106,004.96 12,762.67 118,767.63 045 - 114 -16 531 7.0 53,970.10 0.0 0.00 7,866.13 61,836.23 7,444.89 69,281.12 045 - 115 -01 532 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 045- 115 -08 533 2.0 15.420.03 0.0 0.00 2.247.46 17,667.49 2,127.11 19,794.60 045 - 115 -10 534 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -01 535 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -02 536 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 Page 12 -8 CITY OF NEWPORT BEACH Underground Assessment District No. 68 (Newport Shores) EBUs and Assessment Calculation Page 12 -9 4,784,526.55 574,410.00 781,063.45 6,140,000.00 660,000.00 Assessor's Assessment Utllity Costs Total Utility Alley Costs Total Alley Incidental Total Iat ITCC Preliminary Parcel No, 1.0. No. EBUs Costs EBUs Costs Costs Bond Issue Costs Total Assessment 114 -661 -03 537 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -04 538 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 -661 -05 539 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114- 661 -06 540 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 661 -07 541 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 114 - 662 -01 542 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 431 -03 543 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 431 -04 544 5.5 42.405.08 5.5 8,321.06 7.393.32 58.119.46 5.849.56 63,969.02 424 -032 -01 545 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 -032 -02 546 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19,794.60 424-032-03 547 0.5 3,855.01 0.0 0.00 561.87 4,416.68 531.76 4,948.66 424 -032 -05 548 0.0 0.00 0.0 0.00 0.00 0.00 0.00 0.00 424 -032 -06 549 0.0 0.00 0.0 0100 0.00 0.00 0.00 0.00 424432 -07 550 0.0 0.00 0.0 0.03 0.00 0.00 0.00 0.00 424 -032 -08 551 2.0 15.420.03 0.0 0.00 2,247.46 17.667.49 2.127.11 19,794.60 424 -032 -09 552 2.0 15,420.03 1.0 1.512.92 2.467.97 19.400.92 2.127.11 21.528.03 424 -032 -10 553 0.5 3,855.01 0.0 0.00 561.87 4,416.88 531.78 4,948.66 424 - 433 -01 554 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 -033 -02 555 2.0 15,420.03 1.0 1.512.92 2,467.97 19.400.92 2.127.11 21528.03 424-433 -03 556 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19,794.60 424 -033 -04 557 2.0 15.420.03 0.0 0.00 2.247.46 17.667.49 2.127.11 19.794.60 424 -033 -05 558 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19.794.60 424 -033 -08 559 2.0 15,420.03 0.0 0.00 2.247.46 17.667.49 2,127.11 19,794.60 424- 433 -09 560 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19.794.60 424 -033 -11 561 2.0 15,420.03 1.0 1.512.92 2,467.97 19,400.92 2.127.11 21,526.03 424 -033 -12 562 0.8 5,782.51 0.0 0.00 842.80 6.625.31 797.67 7.422.98 424 -033 -13 563 2.0 15,420.03 1.0 1,512.92 2,467.97 19,400.92 2,127.11 21,528.03 424 -034 -01 564 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19,794.60 424- 434 -02 565 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2,127.11 19.794.60 424 -034 -03 566 2.0 15.420.03 0.0 0.00 2.247.46 17,667.49 2,127.11 19,794.60 424 -034 -07 567 2.0 15,420.03 0.0 0.00 2,247.46 17 667.49 2,127.11 19,794.60 424 -034 -08 568 2.0 15,420.03 0.0 0.00 2,247.46 17,667.49 2.127.11 19.794.60 424 -034 -09 569 2.0 15,420.03 0.0 0.00 2.247.46 17,667.49 2,127.11 19,794.60 424 -034 -10 570 5.0 38.550.07 0.0 0.00 5,618.66 44.168.73 5.317.78 49.486.51 045- 010 -19 5ZI 4,0 0 OQ 00. 000 Q 0Q QM 0.00 TOTAL 620.56 $4.784.526.55 379.67 $574,410.00 $781,063.45 $6,140.000.00 $660.000.00 $6,80D.000.00 Page 12 -9 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) State of California CERTIFICATIONS I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached was filed with me on this 1 day of C� 1 2004. 0e, A,�� Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received prebminary approval by the City Council of the City of Newport Beach, California on this day of 2004 Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the Engineer's Report, together with the Assessment and Assessment Diagram thereto attached received final approval and confirmation by the City Council for the City of Newport Beach, California, on the day of 2004. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached was recorded in my office on the .2004- Superintendent of Streets City of Newport Beach, California day of MuniFinancial Page 13 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section IV MAXIMUM ANNUAL ADMINISTRATIVE COST In addition to or as a part of the assessment lien levied against each parcel of land within the Improvement District, an annual administrative assessment shall be levied on each parcel of land and subdivision of land within the Assessment District to pay for necessary costs and expenses incurred by the City of Newport Beach, and not otherwise reimbursed, resulting from the administration and collection of assessments, or both from the administration or registration of any bonds and reserve or other related funds. The annual administrative assessment is authorized pursuant to the provisions of §102040 of the Streets Pr Highways Code. The annual administrative assessment shall not exceed $50.00 per individual assessment parcel and will be collected in the same manner and in the same installments as the assessment levied to pay the cost for the Works of Improvement. This annual administrative assessment is subject to an annual increase, based upon increases in the Consumer Price Index (CPI) during the preceding year ending)anuary, for all Urban Consumers in the Los Angeles - Riverside - Orange County areas. The exact amount of the administrative assessment shall be established each year by the Superintendent of Streets MuniFinancial Page 14 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CITY OF NEWPORT BEACH Section V ASSESSMENT DIAGRAM & BOUNDARY MAP Pursuant to the Act, a Diagram showing the Assessment District, the boundaries, and the dimensions of the subdivisions of land within the Assessment District as they existed at the time of the passage of the Resolution of Intention is filed with and made a part of this Report and part of the assessment. Each of the subdivisions of land, parcels, or lots will be given a separate number on the Assessment Diagram, which corresponds with the assessment number shown on the Assessment Roll (Exhibit C). The Assessment Diagram and Boundary Map in a reduced -scale format follows. 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Q 'is 1nNlVM CO O � x - ry ,� 0000000 x j Qom° 1s ViNonm r - Q� °�0 '1S N01100 N is -- - _ -J s c . .s� T 'n •1� 0 co Zw P' C dI < N 4 O N H p W W O VI j Z _ s z z € O � on O � U Q yW, iZ U L m� WUZ <o J I W M o O N NN oK oa $ry ofiS H109 F o `o� 0 z zZo a a a o W z a 0DF z w °� N z LLJ 0 0 NN� N W is 15113— ,11XIS ¢ cn sO�P "�O ®®000000000000®0 0 X00. R�O� 0 0 0 0000000° 0 oov '1S 103dSO8d 0 Ra- O®RR ¢ O z 0®0®000OOOOOO O 0 �` s '1S 21V030 AFg 1S iWVM � s - - w L Bill Q 0 OOOOOOOOOOOOOOOOOOR0008 ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) Section VI GENERAL DESCRIPTION OF ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) §10100 of the Act provides for the legislative body of any municipality to finance certain capital facilities and services within or along its streets or any public way or easement. The proposed improvements, allowed under the Act and subject of this report, will be constructed in the area referred to as Assessment District No. 68 (Newport Shores) and are briefly described as follows: The Assessment District generally includes properties that are referred to as the Assessment District No. 68 (Newport Shores) area. This area is located in the western portion of the City and generally includes those properties along Canal Street; 62nd Street; 611, Street; Newport Shores Drive; Grant Street; Fern Street; Orange Street; Colton Street; Lugorva Street; Walnut Street; Cedar Street; Prospect Street and Sunset Drive. The Canal acts as the northern boundary; the Santa Ana River provides the northwestern boundary while Coast Highway West delineates the District's southern boundary. The Assessment District is comprised primarily of residential and commercial properties with a publicly owned park situated on three parcels within the District boundaries. Residential properties include single - family units (457 parcels) and multi- family units (77 parcels). There are 33 commercial parcels within the District and three (3) City owned park parcels. Acreage ascribed to the commercial properties is negligible. DESCRIPTION OF WORK The following is a description of the planned improvements for the entire Assessment District. A. UNDERGROUNDING OF OVERHEAD UTILITY LINES Undergrounding of overhead utility lines in Assessment District No. 68 (Newport Shores) includes demolition of existing hardscape, trenching, installing new utility vaults needed to receive the conduits and transformers, laying the conduit lines into the trenches, backfilling and compacting the trenches per code, re- paving the street, switching service to the underground system, removing the existing overhead poles and wires and completion of any ancillary improvements. Improvementswill be designed by the Southern California Edison Company, SBC Communications and Adelphia Cable. The City of Newport Beach will be responsible for the street repair work associated with the undergrounding and inspect all work to insure conformance to applicable city standards and specifications. In order to install the underground utility system, the streets and alleyways will need to be saw cut and refurbished. The Assessment District will refurbish the roadways throughout the Assessment District. The existing alleyways are very old and it is not possible to saw cut any uniform trench width for the installation of the underground system house laterals. Since it is not possible to patch the existing alleyways, the Assessment District will reconstruct them to City standards. Once completed, the underground facilities will become the property and responsibility of Southern California Edison, SBC Communications and Adelphia Cable. MuniFinancial Page 15 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) As conversion of individual service connections on private property is not included in the work being completed by the Assessment District, property owners within the Assessment District will be responsible for arranging and paying for required work on his or her property to connect facilities constructed by the public utilities in the public right -of -way to the point of connection on their private property. It is estimated that the undergrounding project will be completed eight (8) months after the bond sale. Property owners are required to provide permitted and approved underground connections no more than 10 months after the completion of the undergrounding project. Failure to convert individual service connections on private property may lead to a recommendation to the City Council that the public utilities be directed to discontinue service to said property. Overhead facilities cannot be removed until all overhead service has been discontinued. MuniFinancial Page 16 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) RIGHTS -OF -WAY CERTIFICATE CITY OF NEWPORT BEACH) COUNTY OF ORANGE ) STATE OF CALIFORNIA ) The undersigned, under penalty of perjury, CERTIFIES as follows: That at all time herein mentioned, the undersigned was, and now is, the authorized representative of the duly appointed SUPERINTENDENT OF STREETS for the City of Newport Beach, California. That there have now been instituted proceedings under the provisions ofArticleXIIID of the California Constitution, and the "Municipal Improvement Act of 1913," being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain public improvements in a special assessment district know and designated as Assessment District No. 68 (Newport Shores). THE UNDERSIGNED STATES AND CERTIFIES AS FOLLOWS: It is acknowledged that the proposed Works of Improvement must be located within public rights -of- way, land, or easements owned by or licensed to the City of Newport Beach, County of Orange, State of California, at the time of the construction of the Works of Improvements, and the undersigned hereby further certifies that all rights -of -Way necessary for the Works of Improvements will be obtained and in the possession of the City, County or State prior to construction by the City of Newport Beach. 7H EXECUTED this day of cIUNE 2004, at the City of Newport Beach. of Street City of Newport Beach State of California MuniFinancial Page 17 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) CERTIFICATE OF COMPLETION OF ENVIRONMENTAL PROCEEDINGS CITY OF NEWPORT BEACH COUNTY OF ORANGE STATE OF CALIFORNIA The undersigned, under penalty of perjury, CERTIFIES as follows: 1. The improvements to be constructed under the proceedings in Assessment District No. 68 (Newport Shores) are categorically exempt from the provisions of the California Environmental Quality Act (CEQA) under the provisions of Paragraph 15302, Class 2 (d) of "Guidelines For Implementation of the California Environmental Quality Act ", as adopted by the Secretary for Resources of the State of California,. June 1992. 2. The undergrounding to be done under Assessment District No. 68 (Newport Shores) is categorically exempt from the requirement for the preparation of environmental documents under the California Environmental Quality Act guidelines because the Secretary for Resources has found that conversion of overhead electric utility distribution system facilities to underground locations where the surface is restored to the condition prior to the undergrounding, does not have a significant effect on the environment, and are declared to be categorically exempt. 3. A Notice of Exemption has been filed in the office of the County Clerk of Orange County, California. A copy of the Notice of Exemption marked "Exhibit J - 2" is attached to this Report and is hereby made a part of this Report. 4. All environmental evaluation proceedings necessary for the formation of Assessment District No. 68 (Newport Shores) pursuant to the provisions of the "Municipal Improvement Act of 1913" being Division 12 of the Streets & Highways Code of the State of California have been completed to my satisfaction, and no further environmental proceedings are necessary. 'r Executed this day of �_IVAIE , 200 , at Newport Beach, Calfomia. MuniFinancial Page 18 City of Newport Beach ORDER OF PROCEDURE CITY OF NEWPORT BEACH ASSESSMENT DISTRICT NO. 68 (NEWPORT SHORES) DATE OF PUBLIC HEARING: July 27, 2004 PUBLIC HEARING REQUIREMENT: HEARING REQUIRED PURSUANT TO THE "MUNICIPAL IMPROVEMENT ACT OF 1913," ARTICLE XIIID OF THE CONSTITUTION OF THE STATE OF CALIFORNIA AND CHAPTER 15.32 OF CITY CODE :MAYOR: Announce that this is the time and place fixed for the public hearing on protests or objections to the Resolution of Intention, Assessment Engineer's Report, proposed assessments and all other matters relating to Assessment District No. 68 (Newport Shores), and to designation of the area as an underground utilities district. Announce that all written protests and all ballots regarding Assessment District No. 68 (Newport Shores) must be received by the City Clerk prior to the closing of the public hearing. CITY CLERK: Announce that notice of the Public Hearing has been given in the manner and form as required by law. STAFF OR CONSULTANTS - Explain purpose for Public Hearing. - Describe extent of works of improvement proposed to be acquired and boundaries of Assessment District. - Present and summarize Assessment Engineer's "Report ". - Explain method and formula of assessment spread. - Make recommendation as to any modifications necessary in the assessments or proceedings. - Explain that the results of the tabulation of the ballots will be announced following the conclusion of the public hearing. - Explain that the area will be designated an underground utilities district END OF STAFF REPORT -- OPEN FOR PUBLIC DISCUSSION CERTIFICATE AND STATEMENT OF ASSESSMENT BALLOT TABULATION ASSESSMENT DISTRICT NO. 68 (Newport Shores) STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF NEWPORT BEACH ) THE UNDERSIGNED, City Clerk for the City of Newport Beach, in connection with the proceedings to consider the formation of Assessment District No. 68 (Newport Shores) (the "Assessment District") and the levy of assessments within the Assessment District, DOES HEREBY CERTIFY that, after the close of the public hearing held on July 27, 2004 to consider the formation of the Assessment District, the undersigned did tabulate the assessment ballots timely submitted by affected property owners. THE UNDERSIGNED further CERTIFIES that this Statement of Assessment Ballots Submitted shows the assessment ballots submitted in favor of the assessment and the assessment ballots submitted in opposition to the assessment, each total weighted according to the financial obligation of the affected properties for which the assessment ballots were submitted. TOTAL BALLOTS RECEIVED No. of Parcels: 3g} Mint Amt: $ `11 %c Z, 2613 BALLOTS SUBMITTED IN FAVOR OF THE PROPOSED ASSESSMENT: No. of Parcels: Z (ou Asmt Amt: S 3 IJ��Z Mint Amt Percent Yes: �O 'U I BALLOTS SUBMITTED IN OPPOSITION TO THE PROPOSED ASSESSMENT: No. of Parcels: I ( I Asmt Amt: $ /() 13b5 S Mint Amt Percent No: 3V1 % This certification is executed this July 27, 2004 in Newport Beach, California. De uty City Clerk Assessment Engineer F:�USLRSTB W\PArcinicga\ AD1AD68ffiallotTabulation- AD68.do le NOTICE OF APPOINTMENT AS DEPUTY CITY CLERK Notice is hereby given that Patrick Arciniega is appointed Deputy City Clerk effective July 27, 2004. This appointment shall continue until July 28, 2004 and is for the purpose of tabulating ballots for proposed Assessment District Nos. 68 and 69 at the City Council meeting of July 27, 2004. LaVonne M. Harkless, City Clerk ` O Q Date