HomeMy WebLinkAbout13 - Proposed Assessment District No. 124 — A Roughly 50 -Block Area of Central Balboa Island - PowerPointProposed
Assessment
District No. 124
Undergrounding of Utilities
Central Balboa Island
Public Hearing
July 27, 2021
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✓ March 2020- Proponent Request for Petition
✓ February 23, 2021 - Petition Certified
✓ June 8, 2021 - Notice of Intent
❖ July 27, 2021- Public Hearing We Are Here
❖ September 2021-1St Notice of Assessment
♦ SCE Design Efforts Begins. AT&T & Spectrum to follow
❖ May 2023 - Bonds are sold
♦ 2nd Notice of Assessment March 2023
❖ August 2023-Construction begins
PREPARED BY:
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CITY OF NEWPORT BEACH ASSESSMENT DIAGR OALL N
ASSESSMENT DISTRICT - 124
POWER POLE TO BE REMOVED
GUY WIRE TO BE REMOVED
POWER LINE TO BE REMOVED
ASSESSMENT DISTRICT AREA BOUNDARY
ON -SITE PARCEL
OFF -SITE PARCELS
PARCELS: 966
DISTANCE:
TRENCH 21,000 LF
LATERALS: 7,000 LF
POWER POLES TO BE REMOVED: 175
Single & Multi -Family Residential 900
Mixed Use Commercial Properties 64
(Includes St. John Vianney Church)
Public Facilities 2
(Balboa Island Fire Station and Post office)
❖ Undergrounding of Utility Lines in
Public Right of Way
Trenching for New Conduit System and
Installation of Utility Vaults
Removal of Wires and Poles
Repaving of Affected Roadways and Alleys
ITEM
Cost of Design and Construction
Incidental Costs and Expenses
Financing (Bond) Costs
Estimated Total Cost:
COST
$28,742,345
$1,262,500'
$2,7891000
$321793,845
Project cost based on recent AD-113 bids (West Balboa Island)
❖ Ballots and Public Notice sent via LISPS
• Required 45 Days Prior to the Public Hearing
(Ballots were mailed on June 10th)
Mailing list developed based on most current
information available
❖ Goal is to provide every owner
of record with Notice and Ballot
as soon as possible
❖
Ballots
Weighted by Assessment
Amount
❖
Ballots
Due Before End of Public
Hearing
Only Ballots Submitted by End of Public
Hearing Considered
• Replacement ballots available upon request
• If there is a change of mind
• If ballot was lost
• If ballot was never received by owners
❖ Ballots are Sealed Until End Public Hearing
• As of 3:00 p.m., City Clerk has received 769 Ballots,
(which represents 79.6 % of the total parcels)
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