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HomeMy WebLinkAbout93-18 - Feasibility Study for Assessment DistrictsRESOLUTION NO. 93- 18 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE COMPLETION OF AN ENGINEERING FEASIBILITY STUDY FOR THE FORMATION OF ASSESSMENT DISTRICTS FOR ACQUISITION AND MAINTENANCE OF OPEN SPACE. WHEREAS, the Newport Conservancy and others have expressed a keen interest in the acquisition of vacant Irvine Company parcels that have been planned for future residential development; and WHEREAS, the Circulation Improvement and Open Space Agreement provides an opportunity for the sale of Newporter North and Upper Castaways parcels to the City or a non - profit entity for open space purposes; and WHEREAS, one option for financing acquisition of Newporter North and /or Upper Castaways would be the establishment of an assessment district under the Landscaping and Lighting Act of 1972; and WHEREAS, the City Council would like additional information regarding the feasibility of using a landscaping and lighting assessment district as the vehicle for the acquisition of one or both of the parcels; and WHEREAS, the preliminary feasibility study would evaluate plans and specifications for possible improvements, estimates of the costs of any proposed improvements, the possible boundaries of an assessment district, options for the spread of assessments, and other matters relevant to feasibility; and • WHEREAS, the Newport Conservancy and the Irvine Company have agreed to pay the full cost of a preliminary feasibility study; and WHEREAS, Willdan Associates is an Orange County based engineering firm with extensive experience in the preparation of 1 • documents and reports relating to assessment district formation and is fully qualified to prepare a feasibility study. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach as follows: 1. Willdan Associates is hereby authorized to prepare a preliminary feasibility study relative to the use of the Landscaping and Lighting Act of 1972 as a vehicle for acquiring open space. 2. That the City Clerk, Mayor and City Manager be authorized to execute any documents necessary to engage the services of Willdan Associates. ADOPTED, this 12th day of April , 1993. ATTEST: City Clerk kr\openspc.res OA MAYOR