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HomeMy WebLinkAbout22 - Underground Utility Assessment District No. 117 - PowerPointJune 26, 2018 Item No. 22 UTILITY UNDERGROUNDING AWARD OF CIVIL CONSTRUCTION Fort' AD -117 — Corona del Mar (Acacia, Carnation, Pacific Drive to Coast Hwy) Public Works Department June 26, 2018 Council Meeting Boundary of Assessment District 117 2 22oa B 223 � 2x26 z1e � alae Ar^.eC'le AVFNI IF AVOCADO AVENUE yyy ° im 3n b o IS 8 p K i&ffiffiP a Ywma ■^n zme � 213 , 2237 _M w m . 225t iv�u !e �� 22Afi 1 ACACIA o g.�y'�• AVENUE a C =4L" W o CmZ 8 g w 2S- a a yyy ° im 3n b o IS 8 p K i&ffiffiP a Ywma ■^n zme � 213 , 2237 _M w m . 225t iv�u !e �� 22Afi 1 ACACIA BEGONIA AVENUE m �hh�'h•Ir yr�ir�hylli�'li�'.'. h h h� `h'h•I�YT�h� !4' n���frY7'hy;hy'!iy' `i'h�ir Ye � yT�Ylyi.h. Ir h�h•,�r'r. BEGONIA PARK UP a `a C M DAHLIA o g.�y'�• AVENUE o 1 & F,'a« �.ffi C =4L" W o CmZ 8 g w 2S- 'a; a S8 ao m a R 0 790, I� W�ia' v'a :'a"aa wS .7mQ 0a ' WMIN AVENUE ----� 8a3 PS$ Contractor Staging ' z31m3w2 Z BOUNDARY OF PROPOSED scHoo a' PARK �Y z7s�33 —21 V 2T793e23o53e —.a ILW -' "13 S s 'a + m � � � �Y� 3 �J'L ]9 74 � � m Sm iw � 8 � � �•�' n�V 5� s 8��� � = zags 1 BEGONIA AVENUE m �hh�'h•Ir yr�ir�hylli�'li�'.'. h h h� `h'h•I�YT�h� !4' n���frY7'hy;hy'!iy' `i'h�ir Ye � yT�Ylyi.h. Ir h�h•,�r'r. BEGONIA PARK UP a `a C M DAHLIA PROPOSED ASSESSEMENT DISTRICT NO.117 (FINAL) AREA BOUNDED BY BAYSIDE DR., AVOCADO AVENUE, COAST HWY., AND CARNATION AVENUE. ! POLES TO BE REMOVED DISTANCE: 6,644 L.F. 0 POLES TO REMAIN IN PLACE PARCELS: 214 GUY WIRE TO BE REMOVED OVERHEAD LINES TO BE REMOVED OVERHEAD LINES TO REMAIN IN PLACE EXHIBIT'A' BEGONIA '� AVENUE W o SP $ u s m C =4L" W o CmZ 8 g w 2S- m a N �s v v �, v m I� z+v ab WMIN AVENUE ----� Contractor Staging BOUNDARY OF PROPOSED scHoo I ASSESSMENT DISTRICT PARK l AVENLE ObIiLIA AVENUE / .b• PROPOSED ASSESSEMENT DISTRICT NO.117 (FINAL) AREA BOUNDED BY BAYSIDE DR., AVOCADO AVENUE, COAST HWY., AND CARNATION AVENUE. ! POLES TO BE REMOVED DISTANCE: 6,644 L.F. 0 POLES TO REMAIN IN PLACE PARCELS: 214 GUY WIRE TO BE REMOVED OVERHEAD LINES TO BE REMOVED OVERHEAD LINES TO REMAIN IN PLACE EXHIBIT'A' Assessment District 117 Cost Review Formed November 24, 2015 at a total Assessment of $4.5mil Approximately $21,100 per parcel Construction portion estimated at $3.8mil Edison designed and bid on September 2017 Actual Edison cost received was $5.9miLon November 2017 -V � N( k \-) -j Public Works re -bid the plans Received 13 of bids, May 2018 I] F Re -bid total construction cost of $3.8mil 1, 7f, Schedule for AD -117 ✓September 12, 2015 -Notice of Intent ✓ November 24, 2015 -Public Hearing ✓ Original Planned Construction Sept 2017 • July 2018 -Construction begins • SCE/AT&T/Time Warner Installs - 6 months • September 2019 -Residents Hook Ups • July 2020 - Poles/Wires Removal Begins • September 2020 - Undergrounding Completed SEW PO O � m n e� c��lFORN�P Resident Driven Assessment Amount w -d Total Assessments * 268 $4,640,550 100% Prepaid Assessments 85 ($1,559,325) 32% Cash Discount 85 ($121,472) N/A Proposed Financing 187 $2,959,000 68% * Public Hearing and Vote - September 22, 2015 Financing Schedule June 26, 2018 Bond Authorization June 28, 2018 Prelim. Official Statement Posted July 11, 2018 Bond Pricing July 25, 2018 Closing -Proceeds Available PoR� 3 � s cq<jFOR��P QUESTIONS Public Works &Finance Departments Utility Undergrounding District Animation Example Before After � �E�1PpRT O m n u � s e� C9�rFORN�P