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HomeMy WebLinkAboutMINUTES - 05011990 - 1.20 A 1, 2,0 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: May 1, 1990 SUBJECT: ACCEPTING THE ASSESSMENT DISTRICT SCREENING COMMITTEE'S RECOMMENDATION THAT THE BOARD APPROVE FORMATION OF ASSESSMENT DISTRICT 1990-1 BASED ON THE FOLLOWING CONDITIONS: SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION I. Recommended Action: ACCEPT the Assessment District Screening Committee's recommendation that the Board approve formation of Assessment District 1990-1 based on the following conditions: 1. In determining the acquisiton price, the construction cost component shall not exceed the lesser of: (a) The amount of the surety bonds required of the developer by the County (or other public agencies where applicable), or (b) The amount actually paid to the construction contractor, as determined by invoices together with evidence of payment submitted to the Engineer of Work. 2. The Engineer of Work shall certify compliance with paragraph 1 (b). II. Financial Impact: None to County. Continued on Attachment: X SIGNATURE• _ RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE _APPROVE _OTHER SIGNATURE(S): ACTION OF BOARD ON 1 i990 APPROVED AS RECOMMENDED V OTHER STATUS AND VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) AYES: NOES: ABSENT: ABSTAIN: I hereby certify that this Is a true and correct copy of an action taken and entered on the minutes of the mg Board of Servjgorg_on the date shown. C:B05.t1 ATTESTED:upMAY 1 1990 :BO5 PHIL BATCHELOR,Clerk of the Board Orig. Div: Public Works (ES) Of Supervisors and County Administrator cc: SEE NEXT PAGE of _ ;.�Q�• .Dept ACCEPTING THE ASSESSMENT DISTRICT SCREENING COMMITTEE'S RECOMMENDATION THAT THE BOARD APPROVE FORMATION OF ASSESSMENT DISTRICT 1990-1 BASED ON THE FOLLOWING CONDITIONS: May 1, 1990 Page Two III. Reasons for Recommendations and Background: The Smith Land and Development Company is requesting approval for the formation of an Acquisition Assessment District to acquire public improvements such as roadways, water facilities, sewer and other applicable improvements completed by the developer. The formation of such a district will offer the homeowner the efficiencies of private construction and the cost savings of public financing. It is felt that a uniform assessment over the entire project would more equitably spread the costs and benefits of the project to all homeowners. Because of the tight construction schedule resulting from late project approval, there is insufficient time to set up a regular construction assessment district. However, the use of an acquisition assessment district will still provide all of the benefits without the need for delays in the construction schedule. IV. Consequences of Negative Action: Will penalize homeowners because of unequal distribution of costs and benefits arising form the need to phase the project in two phases. Originator: Public Works (ES) cc: Assessment District Screening Comm. R. Gilchrist PW Accounting F. Lee, PW Eng Serv. Robert Brunsell P.O. Box 8808 Emeryville, CA 94662 Nadine Lee Mark Pressman Assoc. P.O. Box 26690 San Francisco, CA 94126 Richard Nystrom Nystrom Engineering 500 Ygnacio Valley Rd. Ste 425 Walnut Creek, CA 94596 Randy Smith The Smith Companies P.O. Box 4730 Walnut Creek, CA 94506