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Home My WebLink About27 - Proposed Assessment District 101CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 27 May 27, 2008 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Public Works Department Peter Tauscher 949 - 644 -3316 or ptauscher @city.newport- beach.ca.us SUBJECT: Proposed Underground Utility Assessment District No. 101 — Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard — Preliminary Approval of Amended Engineers Report Recommendation: Adopt a Resolution Giving Preliminary Approval to the Amended Report of the Assessment Engineer for Assessment District No. 101, Setting a Time and Place for a Public Hearing as July 22, 2008; and Ordering the Initiation of Assessment Ballot Procedures. Discussion: On April 8, 2008 Council approved Resolution No. 2008 -24, providing preliminary approval to the report of the Assessment Engineer for Assessment District No. 101, setting a time and place for a public hearing thereon, and ordering the initiation of assessment ballot procedures. Subsequently, the Assessment Engineer recognized a miscalculation which caused 17 of the 360 properties within the assessment district boundaries to be under - assessed for the benefit of Safety as a result of the amount of frontage initially identified for the parcels. Additionally, in response to public input on the proposed district, some further refinement of the methodology was undertaken to adjust the safety benefit assessment differentials. The costs associated with the benefit category of Safety, as explained later in this report, are apportioned to properties within the proposed AD -101 based on the amount of front footage that a parcel has that is adjacent to overhead facilities. Therefore, revised ballots must be mailed out so property owners can vote on the amended assessment amount. In order to move forward with these proceedings, an additional 45 days noticing period is required for property owners to cast ballots in accordance with Article XIIID of the State Constitution (Proposition 218). On May 9, 2008, a letter was sent out to property owners regarding the changes in the assessment proceedings, expected changes in methodology, and re- balloting procedures. The estimated total cost for Proposed Assessment District No. 101 is as follows: Proposed Assessment District No. 101 Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 2 ITEM COST Cost of Construction $4,146,258 Incidental Costs and Expenses $265,620 Financing (Bond) Costs $337,183 Estimated Total Cost: $4,749,060 The estimated total cost presented in the amended Engineer's Report also reflects a deduction of one month capitalized interest since bonds are expected to be sold immediately, if the District is formed. Estimated cost does not include the Federal Income Tax Component of Contribution (ITCC) tax, which is a 7efterment tax, which is 22 percent of the SCE construction cost ($555,546). The Bond Reserve for this district is estimated at 6.0 percent. The Municipal Improvement Act of 1913 governs the procedures used to create the Assessment District. Bonds issued under the Improvement Bond Act of 1915 carry a 15 -year term and are issued to finance assessments not paid in cash within 30 days after confirmation of the assessment. Property owners paying their assessments in full during the 30 -day cash payment period waive the financial cost of issuing and servicing the bonds and receive a discount of approximately 7. 10 percent. In addition to the payment of the assessment, all property owners are responsible for the costs of converting their properties' overhead service connection to receive the new underground service. The cost to the property owner for this conversion varies depending on the condition and location of the current electrical service. Each property owner is encouraged to contact a licensed electrical contractor to assess the particular property needs. The following is a tentative schedule for proposed Assessment District No. 101: First informal property owner information meeting May 7, 2008 Resolution of Intention May 27, 2008 Second informal property owner information meeting June 25, 2008 Public Hearing July 22, 2008 Public utilities commence work September 2008 Property owners notified to install service connections June 2009 Property owners complete conversions October 2009 Public utilities begin to remove overhead structures January 2010 Public utilities finish removing poles and overhead structures March 2010 Similar to the original Engineer's Report, the amended report uses an equivalent benefit unit (EBU) methodology to apportion assessments within this District. The EBU from undergrounding the overhead utilities were divided equally into three categories: 1) Safety, 2) Reliability, and 3) Neighborhood aesthetics Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 3 Safet Condominium complexes, multi - family residences, and non - residential properties may span more linear feet of frontage along the streets that have the overhead facilities and /or utility poles proposed to be undergrounded, when compared to the typical single - family residential lot (30' x70') within the District. In addition, not all parcels are directly adjacent to overhead facilities and /or utility poles and, therefore, these parcels do not benefit at the same level as parcels that front overhead facilities along one or more sides of their property. As such, for the benefit of Safety, a single - family residential parcel that does not front any overhead facilities directly adjacent to any side of the property is assigned one equivalent benefit unit (1.0 EBU). Based on this equivalency, some properties, including certain single - family residences, have been assigned additional EBUs to reflect the total frontage of overhead facilities that are directly adjacent to the property. Such residential parcels, exclusive of condominiums, with less than 60 linear feet, of total frontage along any side of the property that is adjacent to overhead facilities will be assigned an additional 0.25 EBUs for a total EBU equal to 1.25. Residential parcels, exclusive of condominiums, that have overhead facilities spanning the full length of at least two sides of the property or that have a total frontage . adjacent to overhead facilities greater than or equal to 60 linear feet, will be assigned an additional 0.50 EBUs for a total EBU equal to 1.50. In identifying parcels that will be assigned a Safety EBU greater than 1.0 EBU, overhead facilities, including utility lines and poles, along alleyways are considered to be adjacent to all properties on both sides of the alleyway that front the overhead facilities, because of the narrow width of the alleyways. In addition, utility poles are considered to be part of the overhead facilities, and properties that front utility poles are considered to front overhead facilities and have been assigned one liner foot of frontage and 1.25 EBUs. Below is the formula to calculate a residential parcel's EBUs, exclusive of condominiums, for the benefits of Safety. Residential Properties (exclusive of condominiums) Parcel's Frontage Adjacent to Overhead Benefit U Linear 1.0 EBU Feet < 60 Linear m 1.25 EBU Feet 60 Linear 1.50 EBU Feet Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 4 Condominiums and Non - Residential Properties To determine the number of Equivalent Benefit Units associated with each condominium complex and non - residential property, the frontage along the primary street of each condominium complex and non - residential property was calculated and then divided by the typical frontage of a single - family residential parcel (30 linear feet) to determine the base EBUs associated with each condominium complex. Since the base EBU of 1.0 is applicable to a residential parcel that does not front overhead facilities, it is necessary to multiply the base EBUs calculated for each condominium complex and non - residential property by either 1.0, 1.25, or 1.50 depending on the total amount of frontage adjacent to overhead facilities, similar to the calculation for residential properties. For each condominium complex, the EBUs calculated were evenly apportioned to the individual condominium units within the applicable complex. For non - residential properties, the EBUs calculated were assigned to the applicable Assessors Parcel Number. Reliability The distribution of electricity, other utilities, and the underground wires and cables are constant for each dwelling unit. However, since there are different zone designations and multiple land use and /or potential land use types within the District, the number of units varies from parcel to parcel. As such, since each unit benefits from the improved reliability of underground facilities, equivalent benefit units were assigned to each parcel based on the lot size of the parcel. The current number of units within the District is not constant and may change in the future. Therefore, assigning equivalent benefit units based on the lot size of a parcel provides a means to capture the benefit associated with the highest potential use of each parcel. In assigning equivalent benefit units, one (1) EBU represents a typical parcel within the proposed District, with a lot size of 70 feet x 30 feet, or 2,100 square feet. All parcels, with a lot size equal to or less than 2,100 square feet, are assigned a minimum of 1 EBU. Parcels, with a lot size greater than 2,100 square feet, are assigned additional EBUs based on 1 EBU being equal to 2,100 square feet. Below is the formula to calculate a parcel's EBUs for the benefit of Reliability. Parcels Square Footage Reliability Benefit EBU Calculation 5 Reliability 2,100 sgft 1 x EBU ° Parcel's EBU > 2,100 Parcel's Soft x Reliability = Parcel's EBU 2,100 EBU Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue. Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 5 Neighborhood Aesthetics Removing the overhead utilities will improve the overall neighborhood aesthetics for all properties within the District by eliminating a heavy concentration of electric lines and communication facilities. However, similar to reliability, all dwelling units in the District receive a special benefit from the improved neighborhood aesthetics. Properties will benefit from the overall beautification of the neighborhood through vehicle and pedestrian access. As such, since the current number of units within the District is not constant and may change in the future, equivalent benefit units were assigned to each parcel based on the lot size of the parcel. Assigning equivalent benefits units based on the lot size of a parcel, provides a means to capture the benefit associated with the highest potential use of each parcel. In assigning equivalent benefit units, one (1) EBU represents a typical parcel within the proposed District, with a lot size of 70 feet x 30 feet, or 2,100 square feet. All parcels, with a lot size equal to or less than 2,100 square feet, are assigned a minimum of 1 EBU. Parcels, with a lot size greater than 2,100 square feet, are assigned additional EBUs based on 1 EBU being equal to 2,100 square feet. Below is the formula to calculate a parcel's EBUs for the benefits of Neighborhood Aesthetics. Parcels Square Footage Neighborhood Aesthetics Benefit EBU Calculation <_ 2,100 sgft 1 X Aesthet EBUIcs = Parcel's EBU > 2,100 Parcel's Sqft X Aesthetics = Parcel's EBU 2,100 EBU These benefits were assigned EBUs for each parcel as follows: Category of Special Benefit Benefit Allocation Budget Safety 33.33% $1,583,020 Reliability 33.33% $1,583,020 Aesthetics 33.33% $1,583,020 TOTAL 100% $4,749,060 For parcels located within the District boundaries, the three benefits described above were estimated to be of equal weight. Therefore, the total cost of assessment for the underground utility district formation will be distributed with approximately one -third of the costs to parcels that benefit from the conversion from overhead utilities to safety, one -third to the system reliability and one -third of the costs will be distributed to the Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue. Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 6 parcels that receive the aesthetic view enhancement to the neighborhood area. The range for the estimated assessment costs per parcel is $4,747 to $149,608. Assessments vary over a wide range due to the variation of property sizes, uses, and the degree of undergrounding required. EXCEPTIONS, CREDITS, AND SPECIAL CASES • Parcels 048 - 051 -19, 048- 051 -20, 048- 051 -21, and 048 - 051 -22 were part of Assessment District 74, and therefore, are not part of this proposed District. • Parcel 048 - 032 -14 does not have any potential for development and is not assessed. • Parcel 048 - 072 -10 is adjacent to overhead facilities that span the entire front and back of the property. Therefore, parcel 048 - 072 -10 was assigned 1.5 EBUs for Safety. • Parcels 048 - 104 -09, 048 - 104 -13, 048 - 111 -25, 048 - 113 -13, and 048 - 114 -16 are the land parcels for each of the condominium complexes within the District and are exempt from the assessment. Condominiums are assigned separate assessor's parcel numbers by the County and are assessed as part of this utility undergrounding. • The EBUs associated with the condominium complex located on Assessor's Parcel Number 048 - 104 -09 were calculated using the street frontage along Fernando Street and Cypress Street, since the property's configuration could potentially accommodate single - family lots along both streets. The total baseline EBU assigned to the complex was 13.49, of which, 9.00 EBUs were associated with Fernando Street and 4.49 EBUs were associated with Cypress Street. A 1.5 multiplying factor was applied to the 9.00 EBUs associated with Fernando Street since there are overhead facilities adjacent to that side of the property. No multiplier was applied to the EBUs associated with Cypress Street since there are no overhead facilities along Cypress Street, • The EBUs assigned to the non - residential property located on Assessor's Parcel Number 048 - 172 -24 were calculated using the street frontage along East Bay Drive and Balboa Boulevard, since the property's configuration could potentially accommodate single - family lots along both streets. The baseline EBU assigned to the parcel was 10.33, of which, 5.33 EBUs were associated with East Bay Drive and 5.00 EBUs were associated with Balboa Boulevard. A 1.5 multiplying factor was applied to the 5.33 EBUs associated with East Bay Drive since there are overhead facilities adjacent to that side of the property. No multiplier was applied to the EBUs associated with Balboa Avenue since overhead facilities have previously been undergrounded. • The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 104 -13 was Cypress Street. Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities May 27, 2008 Page 7 • The street frontage used to calculate the baseline EBU for the condominium complex located on Assessors Parcel Number 048 - 111 -25 was Cypress Street. • The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 113 -13 was East Bay Drive. • The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 114 -16 was Balboa Boulevard. • The street frontage used to calculate the baseline EBU for the non - residential property located on Assessor's Parcel Number 048 - 072 -02 was East Bay Drive. • The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 172 -24 was East Bay Drive and Balboa Boulevard. Environmental Review: A Notice of Exemption was completed March 3, 2008 and filed with the County Recorder on March 4, 2008. Funding Availability: Funds will be provided by property owner contributions and / or bond proceeds if the assessment district is approved. P red by /: Submitted by: Peter Tauscher eph adum Junior Engineer Pub' W rks Director Attachments: 1. Resolution Giving Preliminary Approval to the Report of the Assessment Engineer, Setting a Time and Place for a Public Hearing as July 22, 2008; and Ordering the Intention of Assessment Ballot Procedures 2. Amended Engineer's Report — Dated May 27, 2008 RESOLUTION NO. 2008- RESOLUTION GIVING PRELIMINARY APPROVAL TO REVISED REPORT OF THE ASSESSMENT ENGINEER FOR ASSESSMENT DISTRICT NO. 101 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. 101 (hereinafter referred to as the "Assessment District ") to provide for the 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 proceedings are also to ascertain whether the area comprising the Assessment District should be designated an underground utilities district; WHEREAS, this legislative body previously approved a Preliminary Report of the Assessment Engineer (the "Original Report') for the Assessment District as required by 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 "); WHEREAS, there has been filed with and reviewed by this legislative body a revised Preliminary Report of the Assessment Engineer dated as of May 27, 2008 (the "Revised Report'), which Revised Report corrects certain matters, including the spread of special assessments, in the Original Report; WHEREAS, this legislative body desires to supplant the Original Report with the superseding Revised Report, to reschedule a public hearing on the formation of the Assessment District and the designation of the Assessment District as an underground utilities district, and to reschedule a protest ballot proceeding on the formation of the Assessment District; NOW, THEREFORE, It is hereby Determined, Resolved, and Ordered as follows: SECTION 1. The above recitals are all true and correct. SECTION 2. The Revised Report is hereby adopted and preliminarily approved, as follows: A. The plans and specifications for the proposed improvements to be constructed, as contained in the Revised 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 Revised 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 Revised 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 Revised Report, are hereby preliminarily approved and adopted; E. The descriptions of the improvements to be constructed contained in the Revised Report are hereby preliminarily approved. SECTION 3. The Revised 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 22, 2008 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 favorof 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: 2 City Clerk City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 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 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 or cause to be mailed, 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 Revised Report, together with the assessment ballot materials, to the record owners of all real property proposed to be assessed. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Newport Beach held on the 27th day of May, 2008, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 3 Mayor CITY OF NEWPORT BEACH AMENDED ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 DATED: MAY 279 2008 INTENT MEETING: April 8, 2008 PUBLIC HEARING: July 22, 2008 ®'MuniFinancial Corporate 0mce 27366 Via Industria Suite 110 Temectk CA 92590 Tel: (951) 587 -3500 Tel: (800) 755 -MUNI (6864) Fax: (951) 587 -3510 Regional OMces Anaheim, CA Industry, CA Jacksonville, FL Lancaster, CA Oakland, CA www.muni.com Phoenix; AZ San Diego, CA Seattle, WA Washington, DC ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH TABLE OF CONTENTS CERTIFICATIONS ENGINEER'S REPORT ......................................................................... ............................... GENERAL DESCRIPTION OF ASSESSMENT DISTRICT NO. 101 .................................. ...................... ».......1 DESCRIPTION OF WORK .......................................................... » ........................................ » ................................. 1 EXHIBIT A - PLANS AND SPECIFICATIONS .............................................................»....... .............. »...............A EXHIBIT B - COST ESTIMATE ...................... .............................................................................. ...................... B EXHIBIT C - DEBT LIMIT REPORT ...................................................................................... ..............................0 EXHIBIT D - METHOD OF ASSESSMENT ......................................................................... ......... »................. »..D EXHIBITE - ASSESMENT ROLL ....................................................................................».... ............................... E EXHIBIT F - ASSESSEMENT DIAGRAM ... ............................................... ».. ................. F sue........................ ».».. q EXHIBIT G - MAXIMUM ANNUAL ADMINISTRATIVE COST ....................».................. ..............................G EXHIBIT H - RIGHT -OF -WAY AND EASEMENTS ............................................................ .......................... »...H EXHIBIT I - PUBLIC PROPERTIES ..................................................................................».».. ..............................I MuniFinancial City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH The undersign �ofl Al,tbmits the enclosed report as directed by the City Council. S Date: F S" �y ' 2008. 7 /� t 37247 EV 6 30 jQ5 Willdan Q. • Assessment Engineer I HEREBY Pe enclosed Engineer's Report, together with the Assessment and Assessment Diagra o attached, was filed with me on the Z day of MA I HEREBY CERTIFY that the enclosed Assessment Diagram thereto attached, re Newport Beach, California, on the VT rl f �)- / " Clerk of the City Council, City of Newport Beach, California Engineer's Report, together with the Assessment and ed Preliminary approval by the City Council for the City of day of��%/%,�" " �I .12008. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the en�neer's Report, together with the Assessment and Assessment Diagram thereto attached, received Final atmroval and confirmation by the City Council for the City of Newport Beach, California, on the a , day of _, 2008. Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together wi the Assessment and Assessment Diagram thereto attached, was recorded in my office on the day of M (�L , 2008. irintendent of Streets of Newport Beach, California MuniFinancial _ City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH Willdan /MuniFinancial, Assessment Engineer of work for Assessment District No. 101 (the " Districe , writes this report, as prescribed by the City Council of the City of Newport Beach in accordance with the Resolution of Intention, and pursuant to the terns and provisions of Article XIIID of the State Constitution, Part 7.5 of the Special Assessment Investigation, Limitation and Majority Protest Act of 1931, which is Division 4 of the Streets and Highways Code of the State of California, the Municipal Improvement Act of 1913, which is Division 12 of the Streets and Highways Code of the State of California, Chapter 28 of the Improvement Act of 1911, and Chapter 15.32 of the Code of Ordinances of the City of Newport Beach. The improvements, which are the subject of this report, are briefly described as follows: GENERAL DESCRIPTION OF ASSESSMENT DISTRICT NO. 101 Assessment District No. 101 generally includes the properties East of Buena Vista, South of East Edgewater Avenue, West of Adams Street, and North of Balboa Blvd, excluding certain properties located on Island Avenue that are included within Assessment District No. 74. The District is made up of three hundred fifty -four (354) assessable parcels, of which 78 are condominiums, 2 are non - residential, and the remaining 274 are either single - family residential or multi- family residential. DESCRIPTION OF WORK The following is a description of the planned improvements for the entire district Undergrounding of Overhead Utility Lines The undergrounding of overhead utility lines within the boundaries of the District includes trenching, installing the new utility vaults needed to receive the conduits and transformers, laying the conduit lines into the trenches, re- paving the street, switching service to the underground system and removing the existing overhead poles and wires. This includes power lines owned by Southern California Edison, phone lines owned by AT &T, and cable television and fiber optic lines owned by Time Warner Communications. The proposed underground electric and communication improvements must be constructed within public right -of -way, land, or easements owned by the City of Newport Beach or the serving utility. Onsite Prouerty Costs The public improvement portion of the undergrounding of utilities will terminate at a service lateral located at the front, rear, or side of each property to be served in the District. Each individual property owner will be responsible for all necessary work to connect facilities from the service lateral to the connection point at the house, including but not limited to, trenching, backfilling, installation of conduits and conductors, and conversion panels. MuniFinancial , City of Newport Beach The estimated time of completion of the undergrounding of the utilities is 9 months after the sale of bonds. Property owners will need to complete all necessary work to access their utilities through undergrounded transmission within 120 days of the completion of the undergrounded facilities. Pursuant to Section 15.32 of the Municipal Code of the City of Newport Beach, if there are any remaining utility services accessed through overhead facilities after the timeframes specified above, the City Council may direct the public utilities to discontinue services to such properties. Once all utility services have been converted to underground or discontinued, the overhead facilities may be removed from the public rights -of -way. BONDS Bonds representing unpaid assessments, and bearing interest at a rate not -to- exceed twelve- percent (12- percent) per annum, shall be issued in the manner provided by the Improvement Bond Act of 1915 (Division 10, Streets and Highways Code), and the last installment of the bonds shall mature not -to- exceed thirty -nine (39) years from the second day of September next succeeding twelve (12) months from the bond issuance date. This report includes the following attached exhibits: EXHIBIT A - Plans and specifications for improvements to be constructed. Plans and specifications are a part of this report, separately bound, and are on file at the Office of the Superintendent of Streets of the City of Newport. EXHIBIT B - An estimate of the cost of the improvements. EXHIBIT C - A debt limitation report showing the following. 1. The total amount of Prior Assessment Liens, as near as may be determined, and 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 this Assessment District No. 101, against the total area proposed to be assessed. 2. The total true value, as near as may be determined, of the parcels of land and the improvements that are proposed to be assessed by this District. EXHIBIT D - A statement of the method by which the Assessment Engineer determined the amount to be assessed against each parcel based on the special benefits to be derived by each parcel, respectively, from the improvements. EXHIBIT E - An assessment roll, showing the amount to be assessed against each parcel of real property within this Assessment District No. 101. Each parcel is identified by an Assessor's Parcel Number. Each parcel is also assigned an "assessment number' for the purposes of this proceeding. EXHIBIT F - Boundary Map and Assessment Diagram showing all of the parcels of real property within this Assessment District No. 101. EXHIBIT G - Proposed maximum annual administrative cost per parcel. EXHIBIT H - Rights -of -way Certificate. EXHIBIT I - A schedule showing the public property that will be included within the District. EXHIBIT T — Certificate of Completion of Environmental Proceedings. MuniFinancial 2 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT A - PLANS AND SPECIFICATIONS PLANS AND SPECIFICATIONS The plans and specifications for the improvements for this District are voluminous and will not be bound to this Report, but by this reference are incorporated as if attached to this Report The plans and specifications are on file in the Office of the Superintendent of Streets of the City of Newport Beach. The plans and specifications for this District consist of utility undergrounding plans, Public Works encroachment permit, paving requirements, and special provisions. MuniFinancial Exhibit A - Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT B - COST ESTIMATE CONSTRUCTION COSTS Preliminary Telephone Cons unction Cost AT &T Civil C onstmction $1,138,206 Contingency (-10%) $113,821 AT &T Design Engineering $57,500 Subtotal: $1,309,527 Electrical Construction Cost SCE Civil Construction $2,525,210 Contingency (^'100/0) $252,521 SCE Design Engineering $94 -004 Subtotal: $2,817,731 Street Rehabilitation $19,000 Total Construction Cost: $4,146,258 INCIDENTAL EXPENSES Assessment Engineering $22,745 Contract Inspection $74,000 Disclosure Counsel $30,000 City Administration $46,000 Financial Advisor $15,000 Filing Fees $3,000 Bond Counsel $27,000 Paying Agent $3,000 Financial Printing, Registration, and Servicing $18,000 Continuing Disclosure $3,000 Incidental Contingencies M.875 Total Incidental Expenses: $265,620 Total Construction & Incidental Expenses: $4,411,877 FINANCING C OSTS Underwriter's Discount 1.10% $52,240 Bond Reserve /Credit Enhancement 6.00% $284,944 Total Financial Costs: $337,183 TOTAL AMOUNT OF ASSESSMENT: 4,749,060 Final MuniFinancial Exhibit B - Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT C - DEBT LIMITATION REPORT After reasonable search, we are not aware of any prior assessment liens on the properties located within Assessment District No. 101. The total of the assessment liens for the Assessment District No. 101 is equal to $4,749,060. "True Value" as used herein is the estimated full cash value of the parcels as shown upon the last equalized assessment roll of the county. Alternatively, total true value may be determined by other reasonable means, including, but not limited to, by adjusting the value shown on the last equalized assessment roll to correct for deviations from market value due to Article XIIIA of the California Constitution. The gross property valuation (based on the 2007/08 County of Orange Secured Property Tax Roll) for properties located within Assessment District No. 101 totals $214,751,100. CERTIFICATION OF ASSESSMENT ENGINEER I, the undersigned Assessment Engineer, do hereby certify that the total amount of the principal sum of the assessments proposed to be levied for the District, together with the principal amount of all other assessments levied or proposed to be levied on the properties within the District, as set forth above, does not exceed one -half (1/2) of the total true value of the parcels proposed to be assessed for the District. I further certify that the proposed assessment upon any parcel does not exceed one -half (1/2) of the true value of the parcel. Willdan /MuniFinancial aA 7_ Assessment Engineer Ken Steele, P.E. MuniFinancial Exhibit C - Page 1 City of Newport Beach Assessment Number 1 APN 048-031.10 Assessed Value $2,294,373 Total Assessment $13,799 Value-to-Lien 168:1 2 048-031.12 $1510761 $13,799 109:1 3 048-031.14 $1,057,907 $15,715 67:1 4 048 -031.16 $2,633,834 $15,628 169:1 5 048-031.18 $2,078,749 $13,799 151:1 6 048-031.20 $1,598,485 $13,799 116,1 7 048-031.22 $2.222.421 $13,799 161!1 8 048 -031.24 $1,758,809 $23,526 75:1 9 048 -031.26 $458,628 $13,799 33:1 10 048-031 -28 $3,197,657 $13,799 232:1 11 048-031 -34 $1260653 $12,781 99:1 12 048- 031.36 $6118554 $20,358 301:1 13 048 -03138 $2,443,225 $19,634 124:1 14 048- 031-40 $274,407 $16673 16:1 15 048 - 032.02 $80,313 $17457 511 16 048 -032 -03 $161,194 $18154 9:1 17 048 -032 -04 $52,047 $13,799 4:1 18 048 -032 -05 $482079 $13,799 35:1 19 048 -032 -06 $1628,954 $13,799 118:1 20 048 -032 -07 $70,769 $16,673 4:1 21 048 -032 -08 $463,960 $13799 34:1 22 048 -032 -09 $75,308 $16,673 5:1 23 048 - 032 -10 $292142 $16,673 18:1 24 048- 032 -11 $71455 $17,196 4:1 25 048 - 032 -12 $36,958 $13,799 3:1 26 048- 032.13 $520,289 $14,817 35:1 27 048 - 032 -14 $1,064 $0 NA 28 048 -051 -01 $1,333,826 $12,781 104:1 29 048 -051 -02 $147,944 $12,781 12:1 30 048 - 051 -23 $659420 $12,781 52:1 31 048- 051 -24 $60,155 $12,781 5:1 32 048 - 051 -25 $324,974 $12,781 25:1 33 048-051 -26 $674681 $12781 53:1 34 048-051 -27 $553,002 $12,781 43:1 35 048- 051 -28 $299225 $12,781 23:1 36 048-051 -29 $859,409 $12,781 67:1 37 048-051 -31 $105,533 $12,781 8:1 38 048- 05132 $689,413 $12,781 54:1 39 048 -05133 $1,085,524 $12,781 85:1 40 048 -052 -04 $886,754 $13,789 64:1 41 048 -052 -05 $547,471 $23,526 23:1 42 048 -052 -06 $237,580 $13,799 17:1 43 048 -052 -07 $923,460 $13,799 67:1 44 048- 052-08 $159,363 $13,799 12:1 45 048 -052 -09 $64,084 $15193 4:1 46 048-052-10 118838 $17,370 7:1 47 048. 052 -11 $124.535 $13,799 9:1 MuniFinancial Exhibit C - Page 2 City of Newport Beach Assessment Number 48 APN 048 - 052 -12 Assessed Value $87,885 Total Assessment $13,799 Value-to-Lien 6:1 49 048- 052 -13 $59,077 $13,799 4:1 50 048-052 -35 $66,388 $13,799 5:1 51 048-052 -M $282,959 $13,799 21:1 52 048-061 -01 $811,790 $18,006 45:1 53 048-061 -03 $200553 $16,526 12:1 54 048- 061 -04 $95260 $16,526 6:1 55 048,061 -05 $1,434,339 $16,526 87:1 56 048. 061 -06 $864,986 $16526 52:1 57 048. 061 -07 $67,335 $16,526 4:1 58 048-061.08 $90,654 $16 526 5:1 59 048-061 -09 $1,810,500 $16526 110:1 60 048 - 061 -10 $59,687 $16,526 4:1 61 048 - 061 -11 $297,471 $16,526 18:1 62 048 - 061 -12 $762518 $15,307 50:1 63 048 - 061 -13 $358,095 $14,000 26:1 64 048 - 061 -14 $82,678 $12,781 611 65 048 - 061 -15 $620,829 $13,799 45:1 66 048 - 061 -16 $410701 $13,799 30:1 67 048 - 061 -17 $141664 $12,781 11:1 68 048- 061 -18 $1048961 $16526 63:1 69 048 - 061 -19 $296,789 $22,796 13 : 1 70 048 - 062 -01 $1,641,123 $17,135 96:1 71 048- 062 -02 $919,394 $18 154 51 :1 72 048- 062 -03 $354,937 $13,799 26:1 73 048- 062 -04 $219469 $13,799 16:1 74 048- 062 -05 $547,753 $14,817 37:1 75 048- 062 -06 $116,824 $13,799 8:1 76 048- 062 -07 $606,451 $13799 44:1 77 048 -062 -08 $68607 $13,799 5:1 78 048 -062 -09 $952162 $13,799 69:1 79 048 - 062 -10 $590462 $13,799 43:1 80 048 - 062 -11 $259,984 $13,799 19:1 81 048 - 062 -12 $228,733 $13799 17:1 82 048 - 062 -14 $665223 $15802 42:1 83 048 - 062 -15 $635,450 $13799 46:1 84 048-062 -16 $285,729 $14,817 19:1 85 048-062 -17 $214,877 $13,565 16:1 86 048-062 -18 $511,078 $13,042 39:1 87 048. 062 -19 $83,156 $13799 6:1 88 046-062 -20 $616,179 $13,799 45:1 89 048 - 062 -21 $1196460 $13,799 87:1 90 048 - 062 -22 $61576 $13799 4:1 91 048 - 062 -23 $1,550,000 $13,799 112:1 92 048 - 062 -24 $884,316 $13,799 64:1 93 048- 062 -25 $687,996 $13799 50:1 94 048- 062 -26 $1,144,440 $13799 83:1 MunlFlnaneial Exhibit C - Page 3 City of Newport Beach Assessment Number 95 APN 048 -062 -27 Assessed Value $75,983 Total Assessment $13,799 Value-to-Lien 6:1 96 048 -062 -28 $1229027 $13,799 89:1 97 048 -062 -29 $63753 $13,799 5:1 98 048- 062.30 $739690 $13,799 54:1 99 048- 062.31 $206,492 $13,799 15:1 100 048- 062.32 $59,546 $13799 4:1 101 048- 062.33 $248,204 $13,799 18:1 102 048 -072 -02 $159,961 $14,817 11:1 103 048 - 072 -03 $665,317 $14817 45:1 104 048 - 072 -04 $432,379 $14817 29:1 105 048 -072 -05 $334,757 $14,817 23:1 106 048 -072 -06 $59,416 $14817 4:1 107 048-072 -07 $290943 $14,817 20:1 108 048-072 -08 $560,192 $14,817 36:1 109 048- 072-09 $188,939 $14,817 13:1 110 048-072 -10 $683,250 $14817 46:1 111 048-072 -13 $157,204 $14,235 11:1 112 048 -072 -14 $540,508 $13799 39:1 113 048 -072 -15 $65,364 $13,799 5:1 114 048-072 -16 $1071000 $13,799 78:1 115 048-072 -17 $453,691 $13,799 33:1 116 048-072 -18 $315,888 $13799 23:1 117 048-072 -19 $58,402 $13799 4:1 118 048-072 -20 $350,166 $13,799 25:1 119 048-072 -22 $567,548 $16,907 34:1 120 048-072 -23 $89,308 $16,559 5:1 121 048-072 -24 $1,012,085 $149,608 7:1 122 048-072.25 $783,738 $13799 57:1 123 048 -072 -26 $843,195 $13,799 61:1 124 048 - 072 -27 $168,975 $13,799 12:1 125 048 -091 -01 $539175 $15,514 35:1 126 048 -091 -02 $186,577 $15,688 12:1 127 048 -091 -03 $76,789 $16,037 5:1 128 048 -091 -04 $66,851 $16,037 4 : 1 129 048 - 091 -05 $T7,671 $16,037 5 : 1 130 048 -091 -06 $92,079 $16,037 6:1 131 048 -091 -07 $539,261 $16,037 34:1 132 048 -091 -08 $79,753 $16,037 5:1 133 048- 091 -09 $506,366 $16037 32:1 134 048-091 -10 $601,860 $16037 38:1 135 048-091 -12 $817946 $15,018 54:1 136 048- 091 -14 $1008147 $15,018 67:1 137 048- 091 -15 $955,087 $15,018 64:1 138 048 - 091 -16 $329,219 $15,018 22:1 139 048 - 091 -17 $771,847 15016 51:1 140 048-091 -19 $587,933 $15,018 39:1 141 048-091 -20 $497.235 $15,018 33:1 MuniFlnanciai Exhibit C - Page 4 City of Newport Beach Assessment Number 142 APN 048- 091 -21 Assessed Value $1,507,674 Total Assessment $15,018 Valkle-to-Lien 100:1 143 048-091 -22 $1,507,674 $15,018 100:1 144 048-091 -23 $1,507,674 $15,018 100:1 145 048-092 -01 $56,903 $16,037 4:1 146 048 -092 -02 $119,264 $16,037 7:1 147 048 -092 -03 $119264 $16,037 7:1 148 048 -092 -04 $62,521 $16,037 4:1 149 048 -092 -05 $340443 $16,037 21:1 150 048 - 092-06 $59886 $16,037 4:1 151 048-092 -07 $394865 $16,037 25:1 152 048 -092 -08 $171,272 $26,052 7:1 153 048- 092 -11 $105,669 $15,018 7:1 154 048- 092 -12 $124,612 $26.052 5:1 155 048- 092 -14 $318613 $15018 21:1 156 048 - 092 -15 $79,092 $15,018 5:1 157 048- 092 -17 $111214 $18,562 6:1 158 048 - 092 -18 $157,613 $16,760 9:1 159 048- 092 -19 $85,994 $17,805 5 : 1 160 048 - 092 -20 $854,766 $16673 51:1 161 048- 092 -21 $148,342 $14523 10:1 162 048 - 092 -23 $94,919 $13,391 7 : 1 163 048-092 -24 $401,513 $16,178 25:1 164 048-092 -25 $1,162,022 $15,018 77:1 165 048-092 -26 $451,743 $15018 30:1 166 048-092 -27 $629,827 $15.018 42 :1 167 048-092 -28 $339,772 $15,018 23:1 168 048 -101 -02 $1,743,621 $14,060 124:1 169 048 -101 -04 $1,252199 $15,132 83:1 170 048 -101 -06 $144,559 $14409 10:1 171 048 -101 -07 $84,699 $14,409 6:1 172 048 - 101-08 $273,516 $14,409 19:1 173 048 -101 -09 $908,055 $14,409 63:1 174 048- 101 -10 $83,556 $14,409 6:1 175 048- 101 -11 $803178 $14,409 56:1 176 048- 101 -12 $814,917 $14409 57:1 177 048 - 101 -13 $389002 $14,409 27:1 178 048 - 101 -14 $57,246 $14,409 4:1 179 048 - 101 -15 $250446 $15,193 16:1 180 048 - 101. -16 $303,214 $18,241 17:1 181 048- 101 -17 $1814,665 $16,847 108:1 182 048- 101 -18 $711,545 $13.799 52:1 183 048- 101 -19 $555,882 $14,409 39:1 184 048 -102 -02 $4,500000 $16,325 276:1 185 048 -102 -04 $281840 $14,087 20:1 186 048 - 102-06 $181891 $14,262 13:1 187 048 - 102 -08 $1383,985 $12,781 108:1 188 048 - 102 -10 $158,153 $13799 11:1 MuniFinancial Exhibit C - Page 5 City of Newport Beach Asses5ment Number 189 APN 048- 102 -11 Assessed Value $285,729 Total Assessment $13,799 WlUe-to-Lien 21:1 190 048 - 102 -12 $134,067 $13,799 10:1 191 048 - 102 -13 $65,972 $13,799 5:1 192 048 - 102 -14 $719627 $13,799 52:1 193 048- 102 -15 $60,089 $13,799 4:1 194 048 - 102 -16 $458674 $13,799 33:1 195 048- 102 -17 $67457 $13.799 5:1 196 048 - 102 -18 $1,660,969 $13,799 120:1 197 048 - 102 -19 $69,356 $13.799 5 : 1 198 048 - 102 -20 $1,861,500 $13799 135:1 199 048 - 102 -21 $287,340 $13,799 21 : 1 200 048 - 102 -22 $53,189 $12,781 4:1 201 048. 102 -23 $482,903 $14,262 34 : 1 202 048- 102 -24 $671,642 $12.781 53 : 1 203 048- 102 -25 $955,087 $13,799 69:1 204 048-102 -26 $45,758 $13,799 3:1 205 048-102 -28 $737,895 $13,799 53:1 206 048-102 -29 $1,825,000 $13,799 132 :1 207 04 8-10230 $912,012 $13,799 66:1 208 048 - 10231 $1,167,328 $13799 85:1 209 048 - 102.32 $93,092 $13,799 7:1 210 048 - 102 -33 $417,334 $13,799 30:1 211 048-102 -34 $700,782 $13,799 51:1 212 048-102 -35 $631,657 $13,799 46:1 213 048- 102 -36 $1016941 $13.799 74:1 214 048-103 -02 $4,590,000 $18,502 248:1 215 048-103 -04 $1,682,192 $17283 97:1 216 048-103 -06 $1,285,823 $17,805 72:1 217 048-103-08 $2,661,509 $14,670 181:1 218 048 - 103-10 $352,989 $13,799 26:1 219 048 - 103-11 $78,758 $13,799 6:1 220 048- 103-12 $732,703 $12,781 57:1 221 048- 103 -13 $655,907 $12,781 51 : 1 222 048- 103 -14 $544,108 $12,781 43:1 223 048- 103 -15 $642,423 $12.781 50:1 224 048- 103 -16 $57584 $12,781 5:1 225 048 - 103-17 $309,866 $12781 24:1 226 048 - 103-18 $545,365 $12781 43:1 227 048 - 103 -19 $87,492 $12,781 7:1 228 048 - 103 -20 $62,864 $14,262 4:1 229 048 -103 -21 $68,003 $13,799 5 : 1 230 048 - 103-22 $1524,529 $13,799 110:1 231 048 - 103-23 $596,535 $13,799 43:1 232 048 - 103 -24 $392,884 $12,781 31 : 1 233 048- 103-26 $526,648 $12,781 41:1 234 048- 103-27 $568848 $12,781 45:1 235 048- 103 -28 $146102 $14,817 10:1 MuniFinancial Exhibit C - Page 6 City of Newport Beach Assessment Number 236 APN 048- 103-29 Assessed Value $1,309,050 Total Assessment $12,781 Value-to-Lion 102:1 237 048- 103 -30 $612,555 $12,781 48:1 238 048 -104-02 $104,224 $14,931 7:1 239 048 -104-03 $536,385 $13,799 39:1 240 048 -104-07 $87219 $14,817 6:1 241 048 -104-09 $0 $0 NA 242 048 - 104-10 $549,841 $12,781 43: 1 243 048- 104-11 $497,473 $12,781 39:1 244 048 -10413 $0 $0 NA 245 048 -111 -02 $184,405 $18589 10:1 246 048 - 111 -03 $1,775,359 $18,502 96:1 247 048 - 111 -04 $1,294,012 $18,415 70:1 248 048 -111 -05 $145,343 $18,328 8:1 249 048 - 111 -06 $720131 $18,154 40:1 250 048- 111 -07 $157,945 $18,066 9:1 251 048- 111 -10 $2,653,020 $17,718 15011 252 048111 -12 $875,496 $13,799 63:1 253 048- 111 -13 $58,743 $15,106 4:1 254 048111 -14 $478,301 $14,583 33:1 255 048- 111 -15 $339426 $14,757 23:1 256 048- 111 -16 $58,403 $15,862 4:1 257 048111 -21 $215,700 $18676 12:1 258 048111 -22 $305,169 34,961 9:1 259 048- 111 -25 $0 $0 NA 260 048- 111 -26 $729981 $14,060 52:1 261 048111 -27 $1,056,100 $14,148 75:1 262 048111 -28 $684,524 $13,886 49:1 263 048111 -29 $2,621,473 $17,805 147:1 264 048- 111-31 $2,702,550 $17,892 151:1 265 048111 -32 $2.529,586 $17,979 141:1 266 048113-01 $659.989 $14,817 45:1 267 048113-02 $55,695 $14,060 4:1 268 048113 -03 $1,264,800 $14060 90:1 269 048113 -04 $82,834 $14060 6:1 270 048 - 113 -13 $0 $0 NA 271 04811401 $704,995 $34,760 20:1 272 04811402 $61241 $14,670 4:1 273 04811403 $307,989 $14,670 21:1 274 04811404 $344,080 $14,670 23:1 275 04811405 $1,300,500 $14,670 89:1 276 048114-06 $61448 $14,670 4:1 277 048114-09 $1,529,388 $14,409 106:1 278 04811410 $1,167328 $15,193 77:1 279 04811411 $1,350,000 $15,976 84:1 280 04811412 $626,858 $16760 37:1 281 04811415 $923,484 19 547 47:1 282 04811416 0 $0 NA MuniFinancial Exhibit C - Page 7 City of Newport Beach Assessment 283 932 -940-01 Assessed $349,380 Total $4,747 74:1 284 932- 940-02 $619,318 $4,747 130:1 285 932 -940-03 $226,438 $4,747 48 : 1 286 932 -940-04 $587826 $4,747 124:1 287 932 -940 -05 $673138 $4,747 142:1 288 932 -940 -06 $75,290 $4 747 16:1 289 932- 940 -07 $567,746 $4,747 120:1 290 932 -940 -08 $122,105 $4,747 26:1 291 932 -940 -09 $113,519 $4,747 24:1 292 932. 940.10 $431,047 $4,747 91:1 293 932- 940 -11 $192,164 $4,747 40:1 294 932- 940-12 $130,830 $4,747 28:1 295 932- 940-13 $113,522 $4 747 24: 1 296 932- 940-14 $206,781 $4,747 44: 1 297 932 - 940 -15 $432,407 $4,747 91:1 298 932 - 940-16 $239,822 $4,747 51:1 299 932 - 940 -17 $393,641 $4,747 83:1 300 932. 940.18 $749,088 $4,747 158:1 301 932 - 940 -19 $378,569 $4,747 80:1 302 932 - 940 -20 $403,881 $4,747 85:1 303 932 - 940 -21 $120,823 $4.747 25:1 304 932- 940 -22 $822,436 $4,747 173:1 305 932 - 940.23 $225,846 $4,747 48:1 306 932 - 940 -24 $437,812 $4,747 92:1 307 932- 940 -25 $442857 $4,747 93:1 308 932 - 940 -26 $745,738 $4,747 157:1 309 932- 940 -27 $192,345 $4,747 41:1 310 932. 940-28 $107,568 $4,747 23 :1 311 932 - 940-29 $432,406 $4,747 91 : 1 312 932 - 940-30 $102,427 $4,747 22: 1 313 932- 940-31 $138609 $4,747 29:1 314 932 - 940-32 $122,609 $4,747 26:1 315 932- 940-33 $133672 $4,747 28:1 316 932- 940-34 $429,884 $4,747 91 :1 317 932- 940-35 $221,386 $4,747 47:1 318 932- 940-36 $462,899 $4,747 95:1 319 932- 940-37 $1042,646 $4747 220:1 320 932- 940-38 $864,814 $4,747 182:1 321 932 -940 -09 $124,536 $4,747 26:1 322 932 -940-00 $98,845 $4,747 21:1 323 932 -94041 $288,354 $4,747 61 : 1 324 932- 940-42 $122,648 $4,747 26:1 325 932- 94043 $481,817 $4,747 101:1 326 932- 940-44 $664,826 $4,747 140:1 327 932- 940-45 $460,029 $4,747 97:1 328 932.94046 $202,176 4747 43:1 329 932 -94047 $1,350,000 $4747 284:1 MuniFinancial Eslubit C - Page 8 City of Newport Beach Assessment Number 330 APN 932. 940.48 Assessed Value $395,778 Total Assessment $4,747 Value-to-Lien 83:1 331 932. 94049 $357,541 $4,747 75:1 332 932- 940-62 $1,260,000 $6,712 188:1 333 932- 940-63 $831,000 $6,712 124:1 334 932 -940-64 $353,386 $6 712 53: 1 335 932 -940-65 $456,588 $6,712 68: 1 336 932 -940-66 $549,072 $6.712 82: 1 337 932 -940-67 $376553 $6,712 56:1 338 932- 940-68 $448211 $6,712 67:1 339 932- 940-89 $345239 $6,712 51:1 340 932. 940-70 $407,249 $6,712 61:1 341 936.520-01 $223,335 $7,087 32:1 342 936. 520.02 $787,000 $7087 111:1 343 936520.03 $215,045 $7 087 30:1 344 936520.04 $327,047 $7,087 46:1 345 936520.05 $305,101 $7,087 43:1 346 936. 520 -06 $268833 $7,087 38:1 347 936520.07 $454,026 $7,087 64:1 348 936. 520.08 $322,701 $7,087 46:1 349 936520.14 $325,574 $8,030 41:1 350 936520.15 $284,839 $8,030 35:1 351 936- 520.16 $420,057 $8,030 52:1 352 936 - 520.17 $257,006 32:1 353 936. 520.18 $823,476 103:1 354 936- 520.19 $291,334 36:1 355 936- 520.20 $780,300 97:1 356 936 - 520-21 $106,152 13:1 357 936- 520-22 $795,906 99 : 1 358 936 - 520-23 $497,268 62:1 359 936- 520-34 $458,874 39:1 360 936- 520-35 $458,874 39:1 $214,751,100 $4,749,060 45:1 MuniFinancial Exhibit C - Page 9 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT D - METHOD OF ASSESSMENT �:CiT;Ce3;ii17PI• The law requires that assessments levied pursuant to the Municipal Improvement Act of 1913 be based on the benefit that properties receive from the Improvements. However, the law does not specify the method or formula that should be used to apportion the assessments in the Assessment District No. 101 proceedings. In addition, Articles XIIIC and XIIID of the California Constitution require that only special benefits are assessable, that no assessment may exceed the proportional special benefit received by 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 within the District. General enhancement of property value does not constitute special benefit It is necessary to identify the special benefit that the Improvements will render to the properties within the Assessment District No. 101. It is also necessary to identify and separate any portion of the Improvements, which provide a general benefit to the public at large from the portion of Improvements that provide a special benefit to parcels within the District. Any cost of Improvements, or portion thereof, that is considered general benefit has not been included as part of the total assessment. It has been determined from the design plans, cost estimates, and boundaries of the District that all of the Improvements, for the undergrounding of the utilities, provide a direct and special benefit to the parcels within the District and there is no measurable general benefit to the public at large. The responsibility rests with the Assessment Engineer who is appointed for the purpose of analyzing the facts and determining the method of apportionment of the assessment to the benefiting properties, based on the amount of special benefit that each parcel receives, related to the District as a whole. For these proceedings, the City has retained the firm of Willdan /MuniFinancial as the Assessment Engineer. The Assessment Engineer makes the recommendation for the method of apportionment at the public hearing. The final authority and action rest with the City Council after hearing all testimony and evidence presented at the public hearing and completing the tabulation of assessment ballots. Upon conclusion of the public hearing, the City Council must make the final action in determining that the assessment has been apportioned equitably based on the special benefit received by each parcel. Ballot tabulation will then be completed, and if less than 50 percent of ballots returned and tabulated, weighted by assessment amount, are opposed to the assessment, then there is not a majority protest and the City Council may form the District, adopt the Final Engineer's Report, and Order the Work to commence. MunlFinaneial Exhibit D - Page 1 City of Newport Beach BENEFIT The District is being formed to underground the existing overhead electrical and communication facilities within the boundaries of the District. The distribution of electricity and other utilities is available to all properties in the City of Newport Beach, including all properties within this District, and is considered a general benefit. While properties within the District already receive this general benefit through the access of overhead utilities, the methods and means of distributing electricity and other utilities through the undergrounding of utilities is not considered a general benefit, but rather is a direct and special benefit to the properties within the proposed District. Since residents of all of the lots within the District drive and walk the streets that have the utilities proposed for undergrounding, the owners of these lots receive all of the direct and special benefits of the improvements. There is no measurable general benefit since the primary function of the affected streets is to provide access for the residents within the District, and not to the public at large. In reviewing the design plans, cost estimates, and affected properties, it has been determined that all of the Improvements for the undergrounding of utilities provide a direct and special benefit only to the parcels within the proposed District and there is no measurable general benefit to the public at large. There are several distinct direct and special benefits that will be provided to the properties within the District as a result of this work: The removal of overhead utility poles and fines provides a safety benefit in that it reduces the potential of hazardous conditions in the event of natural disasters. Earthquakes, severe storms with high winds, and other natural disasters can cause poles or overhead lines to fall and potentially impact property within the District, and possibly cause five electric fines to be exposed. Downed electric lines pose a potential threat of fire and potential injury due to electric shock and can restrict ingress and egress of residents and emergency services. The undergrounding of existing overhead utilities will also improve the safety of motorists that drive in the neighborhood by removing existing utility poles that could cause damage and possible injury to the occupants of the vehicle and adjacent properties, in the event of an accident involving a utility pole. The undergrounding of the overhead facilities will also improve the reliability of the utility services received by properties in the District. Parcels will specially benefit from new upgraded utility fines, cables, and appurtenant facilities related to the utility undergrounding, which will provide a higher level of reliability of the utility services, and reduce exposure to the elements that could cause potential damage and deterioration to the facilities resulting in potential interruptions in utility services. In addition to the safety and reliability benefits provided by the undergrounding of utilities, removing the overhead facilities and utility poles will eliminate a heavy concentration of electric lines and communication facilities. This will improve the overall neighborhood aesthetics for all properties within the District. MuniFinancial Exhibit D - Page 2 City of Newport Beach METHOD OF ASSESSMENT The method of assessment is determined by an analysis of the benefit a property receives from the proposed undergrounding of the existing overhead utilities. There are three categories of special benefit that properties within the District receive as a result of the undergrounding of overhead utilities. These three categories of benefit include: 1) the overall improved safety of the District, 2) improved reliability of utility services through modernization of the utilities serving each unit, lot, and parcel of land within the District, and 3) improved neighborhood aesthetics. To assess benefits equitably it is necessary to relate each property's proportional special benefits to the special benefits of all other properties within the District The method of apportionment established for most districts formed under the Municipal ImprovementAct of 1913 utilizes a weighted method of apportionment known as an Equivalent Benefit Unit (EBU) methodology that uses a single -family residence as the basic unit of assessment. Collectively, the three categories of special benefit listed above reflect the overall proportional special benefits that properties within the District will receive from the undergrounding of the overhead utilities, and the overall cost of the project will be evenly apportioned to these three categories of special benefit. Category of Special Benefit Percent of Budget Budget Improved Safety 33.33% $1,583,020 Improved Reliability 33.33% $1,583,020 Improved Aesthetics 33.33% $1.583.020 TOTAL 100% $4,749,060 For each Category of Benefit, the following discussion identifies the parcels that benefit, the assignment of EBUs, and the related equations to determine a parcel's EBUs. SAFETY Condominium complexes, multi- family residences, and non - residential properties may span more linear feet of frontage along the streets that have the overhead facilities and /or utility poles proposed to be undergrounded, when compared to the typical single- family residential lot (30' x70 within the District. In addition, not all parcels are directly adjacent to overhead facilities and /or utility poles and, therefore, these parcels do not benefit at the same level as parcels that front overhead facilities along one or more sides of their property. As such, for the benefit of Safety, a single -family residential parcel that does not front any overhead facilities directly adjacent to any side of their property is assigned one equivalent benefit unit (1.0 EBU). Based on this equivalency, some properties, including certain single- family residences, have been assigned additional EBUs to reflect the total frontage of overhead facilities that are directly adjacent to the property As, such, residential parcels, exclusive of condominiums, with less than 60 linear feet of total frontage along any side of the property that is adjacent to overhead facilities will be assigned an additional 0.25 EBUs for a total EBU equal to 1.25. Residential parcels, exclusive of condominiums, that have overhead facilities spanning the full length of at least two sides of their property or that have a total frontage adjacent to overhead facilities greater than or equal to 60 linear feet, will be assigned an additional 0.50 EBUs for a total EBU equal to 1.50. The linear frontage used in calculating the assessments against each parcel were based on the most current Assessor's Parcel Maps of the County of Orange at the time of formation. In identifying parcels that will be assigned a Safety EBU greater than 1.0 EBU, overhead facilities, including utility lines and poles, along alleyways are considered to be adjacent to all properties on both sides of the alleyway that front the overhead facilities, because of the narrow width of the alleyways. In addition, utility poles are considered to be part of the overhead facilities, and properties that front utility poles are considered to front overhead facilities and have been assigned 1.00 liner foot of frontage and 1.25 EBUs. MuniFinancial Exhibit D - Page 3 City of Newport Beach Below is the formula to calculate a residential parcel's EBUs, exclusive of condominiums, for the benefits of Safety. Residential Properties (exclusive of condominiums) Parcel's Frontage Adjacent to Overhead Facilities Safety Benefit EBU 0 Linear 1.0 EBU Feet < 60 Linear = 1.25 EBU Feet 60 Linear 1.50 EBU Feet Condominiums and Non - Residential PLW2rties To determine the number of Equivalent Benefit Units associated with each condominium complex and non - residential property, the frontage along the primary street of each condominium complex and non- residential property was calculated and then divided by the typical frontage of a single - family residential parcel (30 linear feet) to determine the base EBUs associated with each condominium complex. Since the base EBU of 1.0 is applicable to a residential parcel that does not front overhead facilities, it is necessary to multiply the base EBUs calculated for each condominium complex and non - residential property by either 1.0, 1.25, or 1.50 depending on the total amount of frontage adjacent to overhead facilities, similar to the calculation for residential properties. For each condominium complex, the EBUs calculated were evenly apportioned to the individual condominium units within the applicable complex. For non - residential properties, the EBUs calculated were assigned to the applicable Assessor's Parcel Number. RELIABILITY The distribution of electricity, other utilities, and the underground wires and cables are constant for each dwelling unit. However, since there are different zone designations and multiple land use and /or potential land use types within the District, the number of units varies from parcel -to- parcel. As such, since each unit benefits from the improved reliability of underground facilities, equivalent benefit units were assigned to each parcel based on the lot size of the parcel. The current number of units within the District is not constant and may change in the future. Therefore, assigning equivalent benefits units based on the lot size of a parcel, provides a means to capture the benefit associated with the highest potential use of each parcel. In assigning equivalent benefit units, one (1) EBU represents a typical parcel within the proposed District, with a lot size of 70 x 30, or 2,100 squared feet. All parcels, with a lot size equal to or less than 2,100 square feet, are assigned a minimum of 1 EBU. Parcels, with a lot size greater than 2,100 square feet, are assigned additional EBUs based on 1 EBU being equal to 2,100 square feet. Below is the formula to calculate a parcel's EBUs for the benefit of Reliability. MuniFinancial Exhibit D - Page 4 City of Newport Beach Parcel's Square Footage Reliability Benefit EBU Calculation <_ 2,100 Reliability _ Parcel's sqft 1 x EBU EBU > 2,100 Parcel's Saft Reliability _ Parcel's 2,100 x EBU EBU Removing the overhead utilities will improve the overall neighborhood aesthetics for all properties within the District by eliminating a heavy concentration of electric lines and communication facilities. However, similar to reliability, all dwelling units in the District receive a special benefit from the improved neighborhood aesthetics. Properties will benefit from the overall beautification of the neighborhood through vehicle and pedestrian access. As such, since the current number of units within the District is not constant and may change in the future, equivalent benefit units were assigned to each parcel based on the lot size of the parcel. Assigning equivalent benefits units based on the lot size of a parcel, provides a means to capture the benefit associated with the highest potential use of each parcel. In assigning equivalent benefit units, one (1) EBU represents a typical parcel within the proposed District, with a lot size of 70 x 30, or 2,100 square feet. All parcels, with a lot size equal to or less than 2,100 square feet, are assigned a minimum of 1 EBU. Parcels, with a lot size greater than 2,100 square feet, are assigned additional EBUs based on 1 EBU being equal to 2,100 square feet. Below is the formula to calculate a parcel's EBUs for the benefits of Neighborhood Aesthetics. Parcel's Square Footage Neighborhood Aesthetics Benefit EBU Calculation c 2,100 Aesthetics Parcel's sgft 1 _ x EBU EBU > 2,100 Parcel's Soft Aesthetics Parcel's 2,100 x EBU EBU MuniFinancial Exhibit D - Page 5 City of Newport Beach EXCEPTIONS. CREDITS. AND SPECIAL CASES Parcels 048-051-19,048-051-20,048-051-21, and 048- 051 -22 were part of Assessment District 74, and therefore, are not part of this proposed District. Parcel 04M32 -14 does not have any potential for development and is not assessed. Parcel 048- 072 -10 is adjacent to overhead facilities that span the entire front and back of the property. Therefore, parcel 048- 072 -10 was assigned 1.5 EBUs for Safety Parcels 048 - 104 -09, 048 - 104 -13, 048 - 111 -25, 048 - 113 -13, and 048 - 114 -16 are the land parcels for each of the condominium complexes within the District and are exempt from the assessment. Condominiums are assigned separate assessor's parcel numbers by the County and are assessed as part of this utility undergrounding. The EBUs associated with the condominium complex located on Assessor's Parcel Number 048- 104-09 were calculated using the street frontage along Fernando Street and Cypress Street, since the property's configuration could potentially accommodate single - family lots along both streets. The total baseline EBU assigned to the complex was 13.49, of which, 9.00 EBUs were associated with Fernando Street and 4.49 EBUs were associated with Cypress Street. A 1.5 multiplying factor was applied to the 9.00 EBUs associated with Fernando Street since there are overhead facilities adjacent to that side of the property. No multiplier was applied to the EBUs associated with Cypress Street since there are no overhead facilities along Cypress Street, The EBUs assigned to the non - residential property located on Assessor's Parcel Number 048 -172- 24 were calculated using the street frontage along East Bay Drive and Balboa Boulevard, since the property's configuration could potentially accommodate single - family lots along both streets. The baseline EBU assigned to the parcel was 10.33, of which, 5.33 EBUs were associated with East Bay Drive and 5.00 EBUs were associated with Balboa Boulevard. A 1.5 multiplying factor was applied to the 5.33 EBUs associated with East Bay Drive since there are overhead facilities adjacent to that side of the property. No multiplier was applied to the EBUs associated with Balboa Avenue since overhead facilities have previously been undergrounded. The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 104 -13 was Cypress Street. The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 111 -25 was Cypress Street. The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 113 -13 was East Bay Drive. The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 114-16 was Balboa Boulevard. The street frontage used to calculate the baseline EBU for the non - residential property located on Assessor's Parcel Number 048- 072 -02 was East Bay Drive. The street frontage used to calculate the baseline EBU for the condominium complex located on Assessor's Parcel Number 048 - 172 -24 was East Bay Drive and Balboa Boulevard. MuniFinancial Exhibit D - Page 6 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT E - ASSESSMENT ROLL An assessment of the total amount of the costs and expenses of the improvements upon the subdivisions of land within the Assessment District No. 101, in proportion to the estimated special benefit to be received by the subdivisions from the Improvements, is set forth upon the following Assessment Roll filed with and made part of this Report. The Assessment Roll lists the assessor's parcel numbers within this Assessment District No. 101 by assessment number. The assessment numbers appearing on the Assessment Roll correspond with the subdivisions and parcels of land and their numbers shown on the Assessment Diagram (Exhibit F). Conclusion In conclusion, it is my opinion that the assessments for Assessment District No. 101 are allocated in accordance with the direct and special benefit that each parcel receives from the Improvements. Willdan /MuniFinancial Assessment Engineer City of Newport Beach State of California Signed by ��4—" Assessment Engineer Ken Steele, P.E. MuniFinancial Exhibit E - Page 1 City of Newport Beach 1 048-031 -10 314 BUENA VISTA BLVD Frontaqe 30.00 2,100 115 $5.091 1.00 $4,354 1.00 $4354 1 13799 2 048-031 -12 316 BUENA VISTA BLVD 30.OD 2,100 1.25 $5.091 1000 4,354 1.00 4.354 13 799 3 048-031 -14 318 BUENA VISTA BLVD 43.00 2.555 1.25 5091 1.22 5,312 1.22 5312 $15715 4 04 &031 -i6 320 BUENA VISTA BLVD 43.00 2.549 1.25 $5,091 1.21 5,269 1.21 5,269 $15628 5 048-031 -18 322 BUENA VISTA BLVD 30.00 2.100 1. 091 1.00 4,354 1.00 4,354 $13799 6 04 &031 -20 324 BUENA VISTA BLVD 30.00 21D0 1.25 $5,091 1.00 4,354 1.00 4,354 13 7 048-031 -22 326 BUENA VISTA BLVD 90.00 2.1W 1.25 $5.091 1.00 4,354 1.00 4.354 $13,799 8 048-031 -24 328 BUENA VISTA BLVD 60.00 4.2D0 1.50 $6109 2.00 8,709 2.00 8.709 $23.5 9 046-031 -26 332 BUENA VISTA BLVD 30.00 2,100 1.25 $5,D91 1.00 4.354 1.00 4.354 $13799 10 048431 -28 334 BUENAVISTABLVD 30.00 2.100 1.25 5091 1.00 4.354 1.00 4,354 $13799 11 D48 431.34 342 BUENAVISTABLVD 0.00 2,100 1.00 $4,072 1.00 4.354 1.00 4,354 $12.781 12 048-031-36 350 BUENAVISTABLVD 0.00 3,935 1.00 $4072 1.87 8.143 1.87 81143 $20.358 13 048 -031 -38 336 BUENAVISTABLVD 50.00 3.500 1.25 $5,091 1.87 7.272 1.67 7.272 $19634 14 D48 -03140 338 BUENA VISTA BLVD 5.00 2.800 1.25 $5,091 1.33 5.791 1.33 5,791 $16,673 15 048 -032 -02 301 LINGO AVE 42.70 2.989 1.25 $5,091 1.42 6,183 1.42 61183 $17457 16 048 -032 -03 305 LINGO AVE 45.00 3.150 1.25 $5,091 1.50 6,532 1.50 8.532 $18,154 17 048 -032-04 307 UNDO AVE 16.00 1.582 1.25 $5,091 1.00 4,354 1.00 4.354 $13799 18 048 -032 -05 309 LINDO AVE 18.00 1,673 1.25 $5091 1.00 4.354 1.00 4,354 $13.799 19 048-032-06 311 LINDO AVE 30.00 2.100 1.25 $5.091 1.00 4,354 1.00 4354 13]99 20 048 -032 -07 313 UNDO AVE 40.00 2.800 1.25 $5,091 1.33 5,]91 1.33 5,791 $16.673 21 048-032 -08 315 LINDO AVE 30.00 2,100 1.25 $&091 1.00 4.354 1.00 4,354 13799 22 048-032 -09 321 LINDOAVE 40.00 2,800 1.25 $5.091 1.33 5,791 1.33 5,791 $16,673 23 048-032 -10 325 LINDOAVE 40.00 2,800 1.25 $5.091 1.33 5,791 1.33 5791 18673 24 048-032 -11 329 LINDOAVE 32.00 2,911 1.25 $5.091 1.39 6,053 1.39 8 $17,196 25 048- 032 -12 331 LINDOAVE 20.00 1,093 1.25 $5,091 1.00 4,354 1000 4,354 $13,799 26 048- 032 -13 335 LINDO AVE 61.00 1,865 1.50 $6,109 1.00 4,354 1.00 4.354 $14817 27 048 -032 -14 300 LINGO AVE EX 0 EX EX EX EX EX EX EX 28 04&051 -01 109 EDGEWATERAVE 0.00 2,100 1.00 $4.072 1.00 4,354 1.00 4.354 $12,781 29 04 051 -02 107 EDGEWATER AVE 0.00 2.100 1.00 $4072 1.00 4,354 1.00 4.354 $12781 30 046-051 -23 311 MADE AVE 0.00 2.100 1.00 $4072 1.00 4.354 1.00 4.354 $12781 31 048451 -24 313 MADE AVE 0.00 2.100 1.00 .072 1.00 4354 1.00 4.354 $12781 MuniFinanclal Exhibit E - Page 2 City of Newport Beach 32 04 8-051 -25 Si las 315 ANADEAVE Adi,,,,,t t. 0.00 Lal, 2,100 Safety 1.00 S,,F,.t, $4.072 Reliability 1.00 Reliability 4,354 Aesthetics 1.00 A.Ilheft� 4,354 Tc,Rl 12781 33 04 &051.26 317 ANADEAVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 34 046051.27 319 ANADE AVE 0.00 2100 1.00 $4,072 1.00 4.354 1.00 4.354 $12,781 35 046051.28 321 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4.354 $12.781 36 048-051.29 323 ANADE AVE 0.00 2.100 1.00 $4.OM 1.00 4,354 1.00 4.354 $12,781 37 D48 -051x1 329 ANADE AVE 0.00 2.100 1.00 &1072 1.00 4.354 1.00 4.354 $12.781 38 048 -051$2 327 ANADE AVE 0.00 2,100 1.OD $4,072 1.00 4.354 1.00 4.354 $12,781 39 048 -051$3 325 ANADE AVE 0.00 2.100 1.00 $4.072 1.00 4.354 1.00 4.354 $12.781 40 048 -052 4.4 332 LINDO AVE 1.00 2.100 1.25 $5,091 1.00 4.354 1.00 4.354 $13.799 41 048 -052 -05 330 LINDO AVE 60.00 4.200 1.50 $6109 2.00 8.709 2.00 8.709 $23.K6 42 048 -052 -06 326 LINDO AVE 30.00 2.100 1.25 $5.091 1.00 4.354 1.00 4.354 $13.799 43 048-052 -07 324 LINDO AVE 30.00 2.100 1.25 $5,091 1.00 4.354 1.00 4,354 $13,799 44 048-052 -08 322 LINDDAVE 30,00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13799 45 048-052 -09 320 LINDOAVE 28.40 2.42 1.25 $5.091 1.16 5,051 1.16 5,051 $15193 46 048-052 -10 318 LINDO AVE 30.00 2,959 1.25 $5091 1A1 6,140 1.41 6,140 $17,370 47 048-052 -11 316 LINDO AVE 30.00 2,100 1. $5,091 1.00 4.354 1.00 4,354 $13.799 48 048-052 -12 314 LINDO AVE 30.00 2.100 1.25 55,091 1.00 4354 1.00 4.354 $13799 49 048-052.1 312 LINDO AVE 30.00 2.100 1.25 $5.091 1.D0 4.354 1.00 4.354 $13799 50 046-052.35 306 UNDO AVE 43.50 1.760 1. $5.091 1 D 4.354 1.00 4.351 13799 51 048 -05236 310 LINDO AVE 30.00 2.100 1.25 $5.091 1.00 4354 1.00 4.351 $13799 52 04&061 -01 129 EDOEWATER AVE 0.00 3,369 1.00 $4.072 1.60 6.987 1.60 6.967 $18006 53 04 &081 -03 328 MONTERO AVE 0.00 3,000 1.00 $4.072 1.43 6,227 1.43 6,227 $16.526 54 048-061 -04 326 MONTERO AVE 0.00 3.000 1.00 $4.072 1.43 6,227 1 A 6,227 $16,526 55 04&061 45 324 MONTERO AVE 0.00 3,000 1.00 $4,072 1.43 6,227 1.43 6,227 $16.526 56 046061 -06 322 MONTERO AVE 0.00 31000 1.00 $4.072 1.43 6,227 1.43 6.227 $16.526 57 048-061 -07 320 MONTERO AVE 0.00 3.000 1.00 $4.072 1.43 6,227 1.43 6227 $18526 58 048-061 -08 318 lKoNTERO AVE 0.00 3.000 1A0 $4,072 1.43 6.227 1AS 6.727 $16,626 59 046061-09 316 MONTERO AVE 0.00 3.000 1.00 $4.072 1.43 6.227 1.43 6.227 16526 60 046-061 -10 314 MONTERO AVE 0.00 3.000 1.00 $4,072 1A3 6.227 1 81227 $16.526 61 048 -081.11 312 IVIDWERO AVE 0.00 3.000 1.00 $4.072 1.43 6M7 1A3 6.227 $16.526 62 048 -061 -12 307 MEDINA WAY 0.00 2.700 1.00 $0.072 1.29 5,617 1.29 5,617 $15,907 63 048 -061 -13 124 EMY AVE 0.00 2,402 1,00 50.072 1.14 4.964 1.14 4,964 $14,000 64 048- 061 -14 122 EDAY AVE 0.00 11878 1.00 $4.072 1.00 4,354 1.00 4354 312.781 65 048-061 -15 120 EBAYAVE 1.DO 1,944 1.25 $5A91 1.00 4.354 1.00 4.354 511799 MuniFinancial Exhibit E - Page 3 City of Newport Reach As,e,s ent Number 66 APN 048 - 061 -16 Sic's Nmrame, 308 Sims Street MONTERO AVE Adj.,,,,t te Facilities Let S,Ft 650 Safely EFW 1.25 SAW, Assessment $5,091 Reliability EBU 1.00 Reliability Assessment 4,354 Aesmplics EBU 1.00 Ae.sm�tics Assessment 4,354 T.t.1 AsIess.e.It $13,]99 67 048 - 061 -17 310 MONTERO AVE 850 1.00 $4.0]2 1.00 4,354 1.00 4,354 $12781 68 04&061-18 330 MONTERO AVE ,000 1.00 $40]2 1.43 822] 1.43 6,227 $16.526 69 04&061 -19 12 EOGMATERAVE ,512 1.00 $4,0]2 2.15 9,362 2.15 9,382 196 70 04&062 -01 121 EOGMATERAVE ,150 1.00 W1.W$6.109 $4,0]2 1.50 6,532 1.50 8,532 $17,135 71 04&082 -02 115 EOGMATERAVE ,150 1.25 $5,091 1.50 6.532 1.50 6,532 $18154 72 04 &062 -03 113 EOGMATERAVE ,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13799 73 046-062 -04 111 EOGMATERAVE ,100 1.25 $5,091 1.00 4,354 1.00 4,354 13]99 74 048-062 -05 326 ANAOE AVE ,100 1.50 $6.109 1.00 4,354 1.00 4,354 14 81] 75 1 048-06 324 ANAOE AVE 30 .00 2,100 1.25 S5A91 1.00 4.354 1.00 4.354 $13,799 76 048-082 -07 322 ANAOE AVE 30.00 2,1 DO 1.25 $5.091 1.00 4,354 1.00 4354 $13799 77 046-062 -08 320 ANAOE AVE 30.00 2.100 1.25 $5,091 1.00 4,354 1.00 4,354 $13.799 78 8-062 -09 318 A AOE AVE 30.00 2.100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 D48-062 -10 316 ANAOE AVE 30.00 2.100 1.25 55,091 1.00 4,354 1.00 4.354 $13.]99 048-082 -11 314 ANADEAVE 30.00 2.100 1.25 $5,091 1.00 4354 1.00 4.354 $13]99 048 -062 -12 312 ANAOE AVE 30.00 2.100 1.25 $5,081 1.00 4,354 1.00 0.354 $13]99 098-062 -14 306 A AOEAVE 3].00 2,%0 1.25 $5.091 1.23 5.356 1.23 5.356 $15,802 E79 D48 -082 -15 304 A AOEAVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 0.354 $13799 048 -062 -16 110 EBAV AVE 60.90 1789 1.50 $8109 1.00 354 1.00 4.354 $1 817 048 -062 -17 112 EBAV AVE 0.00 2.280 1.00 $4,0]2 1.09 4746 1.09 0.]46 13.565 048-082 -18 114 EBAV AVE 0.00 2,165 1.00 54012 1.03 4.4&5 1.03 0.485 $13.042 D48 -062 -19 118 EBAV AVE 24.90 2,067 1.25 $5,091 1.00 0.354 1.00 4.354 $13.799 88 048-062 -20 305 MONTERO AVE 30.00 2.100 1.25 $5.091 1.00 4354 1.00 4.354 $13.799 89 048-062.21 307 MOWEROM30.00 00 2,100 1.25 $5.091 1.00 0.354 1.00 4,354 $13799 90 04&082.22 309 MONTERO.00 2100 1.25 $5,091 1.00 0.354 1.00 4354 13]88 91 04&Ofi2 -2 311 MOWERO.00 2.100 1.25 $5091 1.00 0.354 1.00 4354 $13.798 92 04&062 -24 31 MOI ERO.00 2.100 1.25 $5,091 1.00 4,354 1.00 4354 $13,799 93 04&062 -25 315 MOWERO.00 2,100 1.25 $5,091 1.00 4,354 1.00 4354 $13.]99 94 048 -062.28 31] I ERO .00 2,100 1.25 $5.091 1.00 4354 1.00 4354 $13799 95 048-062 -21 319 MONTERO .00 2,100 1.25 $5.091 1.00 4.354 1.00 4,354 1 798 96 048-082 -28 321 MO FRO .00 2,100 1.25 $5.091 1.00 4.354 1.00 4354 $13.799 97 046- 062 -29 323 MOMERO .00 2,100 1.25 55.091 1.00 4,354 1.00 4,354 $1 98 04 &082-30 325 MOWERO .00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $15,199 99 04&082.41 327 MOMERO AVE 1.00 2,100 1. $5.091 1.00 4.354 1.00 4, 54 13798 MuniFinancial Exhibit E - Page 4 City of Newport Beach 100 048-062 -32 310 ANADEAVE 30.00 2,100 1.25 $5091 1.00 4,354 1.00 4,354 $13]99 101 04&06233 308 ANADE AVE 23.00 1,610 1.25 $5,D91 1.00 4.354 1.00 41354 $13,799 102 048 -072 -02 100 EBALBOA BLVD 130.00 2,100 1.50 $6.109 1.00 4.354 1.00 4.354 $14,81] 103 048 -012 -03 111 EBAV AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $K817 104 048 -072 -04 113 EBAV AVE 60.00 2.100 1.50 .109 1.00 4,354 1.00 4.354 $14,817 105 048 -072 -05 115 EBAV AVE 60.D0 2,100 1.50 $6,109 1.00 4.354 1.00 4, $14,817 106 048 -072 -08 117 EBAV AVE 60.00 2,100 1.50 $6.109 1.00 4.354 1.00 4,354 $14817 107 048-0]2 -0] 119 EBAV AVE 60.00 2,100 1.50 $6,109 1.00 4.354 1.00 4,354 $14.817 108 048 -072 -08 121 EBAV AVE 60.D0 2,100 1.50 $6.109 1.00 4.354 1.00 4,354 $14817 109 048 -072 -09 123 EBAV AVE 60.00 2.100 1.50 $6,109 1.00 4,354 1.00 4354 $14,817 110 048 - 072 -10 125 EBAV AVE 53.00 1,802 1.50 $6,109 1.00 4354 1.00 4,354 $14,817 111 04&0]2 -13 132 E BALBOA BLVD 44.00 2,198 1.25 $5,091 1.05 4,5]2 1.05 4572 $14.235 112 048-0]2 -14 130 E BALBOA BLVD 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13,799 113 048-0]2 -15 128 E BALBOA BLVD 30.00 2.100 1.25 $5.091 1.00 4.354 1.00 4,354 $13,n9 114 048 -OM-16 128 E BALBOA BLVD 30.00 2,100 1.25 $5.091 1000 4.354 1.00 4.354 $13.799 115 048-0]2 -1] 124 EBALBOA BLVD 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13,79 116 048-0]2 -18 122 EBALBOA BLVD 30.00 2,100 1.25 $5.091 1.00 4.354 1.00 4,354 $13,799 117 048-0]2 -19 120 EBALBOA BLVD 30.00 2,100 1.25 $5.091 1100 4,354 1.00 4,354 13]99 118 0484]2 -20 118 EBALBOA BLVD 30.00 2.100 125 $5,091 1.00 4,354 1.00 4,354 $13799 119 048472 -22 127 EBAV AVE 73.00 2.607 1.50 $6.109 1.24 5.399 1.24 5,399 $16,907 120 048-072 -23 129 EBAV AVE 82.80 2,519 1.50 120 5.225 1.20 5.225 $16,559 121 048-072 -24 110 EBALBOA BLVD 160.00 23.300 13.00 11.10 48,333 11.10 48.333 $149608 122 048 -0]2-25 112 EBALBOA BLVD 30.00 2.1 DO 1.25 1.00 4,354 1.00 354 13799 123 048 -072 -26 114 E BALBOA BLVD 30.00 2100 1. 1.D0 4,354 1.00 4359 $13,799 124 048 -0]2 -2] 116 E BALBOA BLVD 30.00 2.100 1.25 F$61904992 1.00 4.354 1.00 4354 $13.799 125 048 -091 -01 201 EBAV AVE 60.00 2,269 1.50 1.08 4,703 1.08 LM3 $15514 126 048 203 EBAV AVE 60.00 2,305 1.50 1.10 4,790 1.10 4790 $15.688 127 048.091 -03 2D5 EBAV AVE 60.00 2,400 1.50 1.14 4,964 1.14 4984 $16.037 128 048 -091 -04 207 EBAV AVE 0.00 2.400 1.50 1.14 4,964 1.14 4.984 $16,037 129 048 -091 -05 209 EBAV AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16037 130 048-091 -06 211 EBAV AVE 60.00 2400 1.50 .109 1.14 064 1.14 4,964 $16,037 131 048-091 -07 213 EBAV AVE 0. 2.400 1.50 $8,109 1.14 4964 1.14 41964 $16037 132 048-091 -08 215 EBAV AVE 60.00 2,400 1.50 $5.109 1.14 4964 1.14 4964 $16.037 133 048-091 -09 217 EBAV AVE 0.00 2,400 1,50 $8,109 1.14 48&i 1.14 4,964 $1803] MuniFinaneial Exhibit E - Page 5 City of Newport Beach 134 048-091 -10 219 EMY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 518.037 135 048,091 -12 212 EBALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1014 4,964 $15018 136 048,091 -14 204 EBALBOA BLVD 30.00 2,400 1.25 55091 1.14 4.964 1.14 4.964 $15.018 137 048 -091 -15 202 EBALBOA BLVD 30.00 2,400 1.25 $5.091 1.14 4.964 1.14 4,964 $15,018 138 048- 091 -16 200 EBALBOA BLVD 30.00 2,00 1.25 $5,091 1.14 4,964 114 4,984 $15,018 139 048 - 091 -17 214 EBALBOA BLVD 30.00 2,400 1.25 $5091 1.14 064 1.14 41964 $15018 140 048 - 091.19 218 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15,018 141 048 - 091.20 216 E BALBOA BLVD 30000 21400 1.25 $5091 1.14 4.964 1.14 4,964 $15,018 142 048-091 -21 206 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4.964 1.14 4,964 $15,018 143 048 - 091-22 208 E BALBOA BLVD 30.00 2,400 1.25 $5091 1.14 4.984 1.14 1 4,9&1 $15018 144 048 - 091 -23 210 EBALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4.964 1.14 1 4.964 $15018 145 048-092,01 301 EBAV AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 146 048-092 -02 303 EMY AVE .00 2,400 1. $6,109 1.14 4,964 1.14 4.964 $16.037 147 048-092 -03 305 EBAV AVE 60.00 2.400 1.50 $6,109 1.14 4,964 1.14 4,864 $16.037 148 048-092 -04 307 EBAV AVE 60.00 2,400 1.50 58,109 1.14 4,964 1.14 4,964 $16,037 149 048 -092 -05 309 EBAV AVE 60.00 2.400 1.50 $6,109 1.14 4,964 1.14 4964 $16 Wz 150 048-092 -06 311 EBAV AVE 60.00 2.400 1.50 561109 1.14 4,964 1.14 4.964 $16,037 151 048 -092 -07 313 EBAV AVE 60.00 2.400 1.50 $6.109 1.14 4964 1.14 4,964 $16,037 152 048 -092 -08 315 E AV AVE 160.00 4,800 1.50 $6,109 2.29 9,971 2.29 9971 $28052 153 048 - 092 -11 320 EBALBOA BLVD 30.00 2.400 1.25 $5.091 1.14 4,964 1.14 4,964 $15,018 154 M-092-12 310 E BALBOA BLVD 60.00 4.800 1.30 $6.109 2129 9,871 2129 9,971 $26,052 155 048 -092 -14 302 EBALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15,018 156 048 -092 -15 300 EBALBOA BLVD 30.00 2,400 1.25 $5091 1.14 4,964 1.14 4.964 $15,018 157 048492 -17 401 ESAV AVE 118.00 2.997 1.50 $5,109 1.43 6,227 1.43 6.227 $18562 158 048-092 -18 331 EBAV AVE 43.00 2,813 1.25 $5,091 1.34 5.835 134 5,835 $16760 159 048-092 -19 211 CYPRESSAVE 31.30 3.076 1.25 $5,091 1.46 6.357 1.46 6.357 $17,805 160 048-092 -20 209 CYMESS AVE 15.65 2.796 1.25 $5.091 1033 5,791 133 5,791 $16,673 161 048-092 -21 207 CVPRESSAVE 0.00 2,517 1.00 $4072 1.20 5,225 1.20 5.225 $14,523 162 048-092 -23 205 CVPRESSAVE 0.00 2.238 1.00 $4.072 1.07 4.659 1.07 4.659 $13391 163 048 -09244 330 EBALBOA BLVD 0.00 2,917 1.00 $4,072 1.39 6.053 1.39 6.053 $16,1 78 164 048 -092 -25 306 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4.964 $15.018 165 048 -092 -26 304 EBALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4.964 $1501 166 048,092 -27 328 EBALBOA BLVD 25.00 2,400 1.25 $5.091 1.14 4964 1.14 4,964 $15018 167 048 -092 -28 324 EBALBOA BLVD 30.00 2,400 1.25 $5.091 1.14 4,964 1.14 4,964 W1018 MunlFlnanclal Exhibit E - Page 6 City of Newport Beach A.�,�meut 168 04 &101 -02 Situ, 201 EDGEWATERAVE Adjn,�.rt 1. 1.00 Let 2155 S&rty 1.25 Sam, $5,091 Reliability 1.03 Reliability 4,485 A�,Ill�fl�� 1.03 T�t,l 4060 169 DO &101 -04 205 EDGEWATERAVE 0.00 2675 1.00 $4,072 1.27 5530 1.27 5132 17D 04 &101 -06 325 ALVARADO PL 30.00 2250 1.25 $5,091 1.07 4659 1.07 4409 171 04 &101 -07 323 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4409 172 D48- 101 -08 321 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 341§-124 4409 173 048 -101-09 319 ALVARADO PL 30.00 2250 1.25 $5,091 1.07 46% 1.07 4409 048- 101 -10 317 ALVARADO PL 30.00 2.250 1.25 $5.091 1.07 4.659 1.07 14,409 175 048- 101 -11 315 ALVARADO PL 3D.00 2.250 1.25 1 1.07 4.659 1.07 4409 176 048- 101 -12 313 ALVARADO PL 30.00 2,260 1.25 $5,D91 1.07 4659 1.07 4409 177 048- 101 -13 311 ALVARADO PL 31.00 2.250 1.25 $5,091 1.07 4.659 1.07 4,659 $14.409 178 048- 101 -14 3D9 ALVARADO PL 31.00 2.250 1.25 $5,D91 1.07 4.659 1.07 4.659 $14.409 179 048- 101 -15 307 ALVARADO PL 32.50 2,432 1.25 $5,D91 1 1.16 5.051 1.16 51051 $15193 180 048- 101 -16 305 ALVARADO PL 42.50 31180 1.25 $5,D91 1.51 6.575 1.51 6,575 $18241 181 04&101 -17 301 ALVARADO PL 1.00 2,840 1.25 $5,D91 1.35 5,878 1.35 5.878 $16, 847 182 048-101 -18 329 ALVARADO PL 25.00 1,875 1.25 $5,091 1.00 4,354 1.00 4.354 $13.799 183 0 101 -19 327 ALVARADO 30.00 2,250 1.25 $5,091 1.07 4.859 1.07 4659 $14,409 184 048-102 -02 207 EDGEWATER AVE 19.15 2,716 1.25 $5,091 1.29 5,617 1.29 5.617 $18325 185 048.102 -04 2D9 EDGEWATER AVE 0.00 2.420 1.00 $1,072 1.15 1 5,007 1.15 5,007 $14,087 186 048.102 -06 211 EDGEWATER AVE 0.00 2,449 1.OD $4,072 1.17 5.095 1.17 5,D95 $14.262 187 048 -102 -08 215 EDGEWATER AVE 0.00 1,780 1.OD $4,072 1000 4.354 1.00 4,354 $12.781 188 048- 102 -10 217 EDGEWATERAVE 1.00 1,484 1.25 $5,091 1.D0 4,354 1000 4,354 $13.799 189 048- 102 -11 325 CORONADO ST 25.00 1,750 1.25 $5.091 1.00 4,354 1.00 4,354 $13.799 190 04 8-102 -12 323 CORONADO ST 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13.70 191 048,102 -13 321 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $11799 192 DO &102 -14 319 CORONADOST 30.00 2,100 1.25 $5091 1.00 4,354 1000 4,354 $13799 193 048-102 -15 317 CORONADOST 30.00 2.100 1.25 $5.091 1.00 4354 1.OD 4,354 303,M 194 048 - 102 -16 315 CORONADO ST 30.00 2,1 DO 1.25 091 1.00 4,354 1.00 4,354 $13,798 195 048-102.17 313 CORONADOST 30.00 2,100 1.25 $5.091 1.D0 4,354 1.00 4354 $13,799 196 102.18 311 COR ADO .00 2,1 DO 1.25 $5,091 1000 4,354 1.00 4.354 $1 197 04 &102 -19 308 CORONADO ST 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $137% 198 048 -102 -20 307 CORONADO ST 25.00 1,750 1.25 $5D91 1.00 4,354 1.00 4,354 $13789 199 048- 102 -21 216 EBAY AVE 35.00 2,100 1.25 $5,D91 1.00 4.354 1.00 4,354 $13.799 200 048 -102 -22 212 E BAY AVE 0.00 2100 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 201 048 -M -23 210 EBAY AVE O.OD 2.450 1.00 $4,072 1.17 5,095 1.17 5,095 $14262 MunlFlnanclal Exhibit E - Page 7 City of Newport Beach MuniFlnancial Exhibit E - Page 8 City of Newport Basch . 102 -24 208 EMY AVE 0.00 2,1 DO 1.00 $4,072 1.00 9,354 1.00 4354 $12,781 102 -25 206 EMY AVE 35.00 21D0 1.25 5091 1000 4,354 1000 4,354 $13799 102 -26 306 ALVARADO PL 25.00 1,750 1.25 $5,D91 1.00 9,154 1.00 4354 $13 799 102 -28 312 ALVARADO PL 30.00 2,100 1.25 $5.091 1.00 9,354 1.00 4,354 13799 102 -29 M-314 319 VARADOP 30.00 2,100 1.25 $5,091 1.00 9,354 1.00 9,354 $13,799 -10230 316 ALVARADO PL 30.00 2,100 1.25 $5091 1.00 9354 1.00 9.354 $13799 102.31 318 ALVARADO PL 30.00 2100 125 $5,091 1.00 4,354 1.00 4,354 $13799 -102.32 320 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4354 $13,799 10233 322 VARADOP 30.00 2,100 1.25 $5091 1.00 9,354 1.00 4,354 $13799 211 048-10234 324 ALVARADO PL 25.00 1,750 1.25 $5,091 1.00 4,354 1.00 4,354 $13799 212 04 &10235 310 ALVARADO PL 30.00 2.100 1.25 $5,091 1.00 4,354 1.00 4.354 $13,799 213 048-10236 308 ALVARADO PL 30.00 2100 1.25 $5,091 1.00 4,354 1.00 4,364 $13,799 214 098 -103 -02 301 EDGEWATER AVE 30.00 3.241 1.25 $5,091 1.54 6.706 1.54 8.708 $18.502 215 048 -103-04 303 EDGEWATER AVE 30.00 2.946 1.25 $5,091 1.40 6,096 1.40 61096 $17.283 216 048 -103-06 307 EDGEWATER AVE 35.00 31063 1.25 $5.091 1.46 6.357 1.46 6,357 $17,805 217 048 -1 D3 -08 309 EDGEWATER AVE 30.00 2,308 1.25 $5,091 1.10 4790 1.10 4,790 $19870 218 098- 103 -10 311 EDGEWATER AVE 1.00 2,011 1.25 $5.091 1.00 9,354 1.00 4,354 $13,799 219 098- 103 -11 319 FERNANOOST 40.00 2,100 1.25 $5.091 1.00 4,354 1.00 4.350 $13,799 220 048- 103 -12 317 FERNANOOST 0.00 2,100 1.00 $4.072 1.00 4,354 1.00 4,354 $12781 221 048- 103-13 315 FERNANOOST 0.00 2.100 1.00 $4.072 1.00 9,354 1.00 4,354 $12,781 222 048- 103-19 313 FERNANOOST 0.00 2,100 1.00 $4,072 1.00 4.354 1.00 4,354 $12,781 223 09&103 -15 311 FERNA 0057 0.00 2,100 1.00 $4.072 1.00 4,354 1.00 4,354 $12,781 224 048-103 -16 Sag FERNANOOST 0.00 2,100 1.00 $4.072 1.00 4.354 1.00 4,354 $12781 225 04&103 -17 307 FERNANDO ST 0.00 1,750 1.00 $4.072 1.00 4,364 1.00 9,354 $12781 226 048. 103-18 305 FERNANDOST O.DO 1 2,100 1.00 $4,072 1.D0 4.354 1.00 4.354 $12.781 227 048,103-19 3m E]SAV AVE 0.00 2,100 1.00 $4,072 1.D0 9,354 1.00 4.354 $12,781 228 048- 103-20 309 EMY AVE 0.00 2,950 1.00 $4,072 1.17 5,095 1.17 5,0% $19,262 229 046- 103-21 302 EMY AVE 1.00 2.100 1.25 $5.091 1.00 9,354 1.00 9,354 $13799 230 048 -103-22 300 E SAY AVE 30.00 2.100 1.25 $5.091 1.00 4,354 1.00 4.354 3 793 231 048-103 -23 308 CORONADO ST 30.00 170 1.25 $5.091 1.00 4,354 1.00 9.354 3.798 232 09&103 -24 308 CORONADOST 0.00 2,100 1.00 $4,072 1.00 9,354 1.00 4.354 .781 112 233 09&103 -26 314 CORD ADOST 0.00 2.100 1.00 $4,072 1.00 9,354 1.00 4.354 2781 234 04&103 -27 316 CORONADO ST 0.00 2100 1.00 072 1.00 4,354 1.00 4,354 2781 235 04&103 -28 318 CORONADOST 70.00 2,100 1.50 $6,109 1.00 9,354 1.00 4,354 9817 MuniFlnancial Exhibit E - Page 8 City of Newport Basch Asseslcuaht Number 236 APN 048- 103 -29 Sure, Number 312 Situs Street CORONADO ST Adjaccut u Facilities 0.00 Let SqFt 2100 Safety EBU 1.00 Safety Asse,,.rueut $4,072 Reliability ESU 1.00 Reliability A,,,,�tamaat 4,354 A,�tlletilt, ESU 1.00 Aesthetics Al,,.s�cmht 4.354 T.mt Alssssrhyrlt 237 04 &10330 310 CORONADO ST 0.00 2100 1.00 $4072 1.00 4354 1.00 4354 238 04&104 -02 308 FERNANDO ST 30.00 2,368 1.25 $5,91 1.13 4,920 1.13 4.920 239 04&104-03 306 FERNANDO ST 25.00 1.9]0 1.25 $5.091 1.00 4,354 1.00 4,354 240 04&10 7 310 EBAY AVE ]0.00 1,]50 1. $6.109 1.00 4,354 1.00 4,354 241 04 &10409 E% 38,420 E% E% E% E% E% E% M141M7 242 04 &10410 312 E BAY AVE 1,750 1.00 $4,072 1.00 4.354 1.00 4,354 243 04 &10411 314 EBAY AVE 1919 1.00 ,0]2 1.00 4354 1.00 4,354 244 04 &10413 10149 E% E% E% E% E% E% 245 04&111 -02 40 ED WATER AVE 3,252 1.25 $5,091 1.55 6.]49 1.55 6]49 246 04 &111 -03 411 EDGE WATER AVE H2&90 3.228 1.25 $5,091 1.54 6.]06 1.54 6.]06 $18.502 247 04 &111 -04 413 EDGEWATER AVE 3.205 1.25 $5,091 1.53 6.662 1.53 6.662 $18415 248 048 -111 5 415 EDGEWATER AVE 3.182 1.25 $5,091 1.52 6.619 1.52 6.619 $18328 249 048 -111 -06 41] EDGEWATER AVE 3159 1.25 $5.091 1.50 6.532 1.50 6.532 18154 250 8 -111 -0] 419 EDGEWATER AVE 3,135 1.25 $5.091 1.49 6.488 1.49 6488 $18.066 251 048- 111 -10 427 EDGEWATER PL 28.90 3,043 1.25 $51091 1.4,5 6,314 1.45 6.314 $17,716 252 D48- 111 -12 424 EBAY AVE 27.00 2,089 1.25 $5,091 1.00 4,354 1.00 4,354 $13.789 253 D48- 111 -13 422 EBAY AVE 30.80 2,410 1.25 $5,091 1.15 5.007 1.15 5.007 $15.106 254 048- 111 -14 420 EBAY AVE 28.80 2,285 1.25 $5091 1.09 4.746 1.09 4.746 $14583 255 D48- 111 -15 418 E BAY AVE 28.90 2.321 125 $5.091 1.11 4.833 1.11 4.833 $14,757 256 048- 111 -16 416 E BAY AV 111.97 2.357 1.50 $6,109 1.12 4,877 1.12 4,877 $1 862 257 04&111 -21 407 EDGEWATER AVE 28.90 3.275 1.25 $5,091 1.58 6.793 1,56 6.793 $18,676 258 048-111 -22 405 EDGEWATER AVE 43.00 7203 1.25 $5.091 143 14.935 3.43 14.935 W,961 259 048-111 -25 E% 12,458 E% E% E% E% E% E% E% 260 048-111 -26 428 E BAY AVE 28.90 2.160 1.25 $5.091 1.03 4.485 1.03 4.485 $14,060 261 048-111 -27 426 EBAY AVE 28.90 2,179 1.25 $5.091 1.04 4,529 1.04 4.529 $14.1413 262 048-111-28 430 EBAY AVE 28.90 2124 1.25 $5.091 1.01 4398 1601 41398 $13,MB 263 048- 111 -29 425 EDGEWATER PL 28.80 3.D65 1.25 $5091 1.48 6,357 1A6 6.357 $176805 264 048 -11131 423 EDGEWATERPL 28.90 3.089 1.25 $5,091 1647 6,401 1647 61401 $17,892 265 04 8.11132 421 EDGEWATERPL 28.0 3.113 1.25 15.0[11 1.48 6,444 1.48 6,444 $17979 266 04 8-11341 413 EBAY AVE 94.31 1,989 1.60 $6109 1.00 4,354 1.00 4.354 $14817 267 048w11342 415 EBAY AVE 28.75 2,156 1.25 $5091 1.03 4,485 1.03 4,485 $14.060 268 04& 113 -03 417 EBAY AVE 28.75 2.158 1.25 $5.091 1. 03 4485 1.03 4,465 $14060 269 04&113-04 419 EBAY AVE 28.75 2,156 1.25 $5.091 1.03 4,485 1.03 4,485 $14,060 MuniFinancial Exhibit E - Page 9 City ei Newport Beach Nanda., APN 04 &113.13 Sias N..,b., Sit" Street Adjacent to Faoililieiy EX Let Seel 8,973 Safely ESU EX Safely Asse�srnarn EX Reliability EBU EX Rcliabilltv Assessment EX Aeslhctic� ESk) EX Ae0hekcs A,iea�liraarl Total Assa,s.nen 1 EX 270 271 04 &114 -01 409 HARDING ST 166.2 6,900 1.50 $6,109 3.29 14,326 3.29 4780 272 046114 -02 413 HARDING ST 28.75 2,300 1.25 $S,DB 1.10 4,790 1.10 14,670 273 DOB -114 -03 415 HARDING ST 28.75 2,300 1.25 $5.091 1.10 4,790 1.10 1 670 274 D46114 -04 417 HARDING ST 28.7 2,300 1.2 $5.091 1410 41790 1.10 14670 275 046114-05 419 HARDING ST 28.75 2.300 1.25 $5.091 1.10 4,790 1.lD 14,670 ID 276 046. 114 -06 421 HARDING ST 1.00 2,300 142 $5.091 1.10 4,790 1.10 14,670 277 048.114 -09 410 E BALBOA BLVD 26.75 2,244 1.2 $6.081 1.07 4,659 1.0] AW 278 048- 114 -10 408 E BALBOA BLVD 26.7 2,435 1.2 $5.091 1.15 5.051 1.15 1 193 279 D48- 114 -11 406 E BALBOA BL 28.7 2,621 .2 1.2 5.443 1,2 15975 280 D4611442 4D4 E BALBOA BLVD 28.75 2.614 1.25 1.34 5,835 1.34 5,835 $16,760 281 D48 -11415 418 EBALBOA BLVD 34.74 3,485 1.25 1.66 7.228 1.66 7.226 $19, 547 282 048 -11418 EX 3.528 EX EX EX EX EX EX 283 932-840 -01 310 FERNANDO ST #1 DO 1 404.58 38420 0.37 PFX 0.37 1.626 0.37 1628 747 284 932 -940 -02 310 FERNANDO ST#101 1 404.58 38.420 0.37 0.37 1,826 0.37 1,628 $4.747 285 932 -940 -03 310 FERNANDO ST #102 1 404.58 38420 0.37 0.37 1626 0.37 1,628 $4.747 286 932 -940 -04 310 FERNANDO 57#1031 4D4.56 38420 0.37 0.37 1,626 0.37 1.628 747 287 932!40 -05 310 FERNANDO ST#1 D41 400.56 38420 0.37 0.37 1,626 0.37 1,626 K747 288 932-840 -06 310 FERNAHDO ST 10 1 58 38.420 0.37 $1,495 0.37 1,626 0.37 1.628 747 289 932 -940 -07 310 FERHANOOST#1061 404.56 38420 0.37 $1,495 0.37 1,626 0.37 1.626 $4747 290 932 -940 -08 310 FERNANDO ST #1071 404.58 38420 0.37 $1.495 0.37 1,626 0.7 1.628 $4.747 291 932 -840-09 310 FERNANDO ST #108 1 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1,626 $4.747 292 932 -940-10 310 FERNANDO ST #1091 404.58 38420 0.37 $1,495 0.37 1.626 0.37 1,626 $4747 293 932 -940-11 310 FERNANDO ST #1101 404.58 38,420 0.37 $1,495 0.37 1,826 0.37 1,826 $4,747 294 932 - 940 -12 310 FERNANDO ST #1111 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1.626 $4,747 295 932 - 940 -13 310 FERNANDOST #112 1 404.58 38,420 0.37 $1A95 0.37 1,626 0.37 1,826 $4,747 296 932- 940 -14 310 FERNANDO ST #201 1 404.58 38,420 0.37 $tA95 0.37 1.626 0.37 1,626 $4747 297 932-W-1 5 310 FERNANDOST#X02 1 404.58 3BA20 0.37 $1A95 0.37 1.626 0.37 1628 $4,747 298 932 - 940 -16 310 FERNANDO ST#2031 404.53 38,420 0. 7 1,626 0.37 1.626 $4747 299 932- 940-17 310 FERNANDO ST#2041 404.58 38,420 0.37 1,626 0.37 1,626 $4747 300 932. 940 -18 310 FERNANDO ST#2051 404.58 38,420 0.37 1,626 0.37 1,626 $4.747 301 932- 940 -19 10 RNANDOST#2091 404.58 38420 g0.37$1,495 0.37 1,826 0.37 1,626 74302 932-940 -20 310 FERHANDOST#2071 404.58 3B,42D 0.37 1,626 0.37 1,626 $1,747 303 932-940 -21 310 FERNANDOST #2081 404.58 38,420 5 0.37 1,626 0.37 1,626 94747 MuniFlnancial Exhibit E - Page 10 City of Newport Beach A�s�ment Number 304 APN 932- 940 -22 Sitm, Number 310 Sims Street FERNANDO ST# 2091 Adja,�mt to 4D4.58 Lot 38,420 Safety 0.37 Safety $1,495 Reliability D.37 Reliability 1,626 Ae,,thu.flc� 0.37 Ar,� theti,,I 1,626 Tual 7747 305 932- 940 -23 310 FERNAN00 ST #210 1 404.58 38,420 037 $1,495 0.37 1,626 037 1,626 S4,747 306 932 - 940 -24 310 FERNANDO ST #211 1 404.56 38,420 0.37 $1,495 0.37 1,626 0.37 1,628 $4,747 307 932 - 940 -25 310 FERNANDO ST #212 1 404,58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 308 932-M-26 310 FERNANDO ST #301 1 404.58 38,420 0.37 $1.95 0.37 1,626 0.37 1,626 $4747 309 992- 940 -27 310 FERNANDO ST#3021 4D4.58 38,420 0.37 $1,495 0.37 1626 0.37 1,626 $4747 310 932- 940 -28 310 FERNANDO ST#3031 404.58 38,420 0.37 $1.495 0.37 1,626 0.37 1,626 $4.747 311 932 - 940 -29 310 FERNANDO ST#3041 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1,626 $4,747 312 932-94030 310 FERNANDO ST#3051 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1,826 $4.747 313 932-M-31 310 FERNANDO ST#3061 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1,626 $4747 314 93294032 310 FERNANDO ST#3071 404.58 38,420 037 $1,495 0.37 1.828 037 1.628 $4747 315 93294033 310 FERNANDO ST#3081 404.58 38,420 037 $1 A95 0.37 1.626 0.37 1,626 $4.747 316 932940.34 310 FERNANDO ST#3091 404.58 38,420 0.37 $1.95 0.37 1,626 0.37 1,826 $4,747 317 932 -94035 310 FERNANDO ST 9310 1 404.58 39,420 0.37 $1.495 0.37 1,626 0.37 1,626 $4.747 318 932 -M36 310 FERNANOOST#311 t 404.58 38.420 0.37 $1,495 0.37 1.828 037 1,826 K747 319 932940 -37 310 FERNANDO ST #312 1 404.58 38.20 0.37 $1.495 0.37 1,626 0.37 1,626 $4,747 320 932- 940-38 310 FERNANDO ST #401 1 404.58 38.20 0.37 $1.495 0.37 1,626 0.37 1,626 $4747 321 932-94039 310 FERNANDO ST #402 1 404.58 38.20 0.37 $1.495 0.37 1,626 0.37 1,826 $4747 322 932 -M-40 310 FERNANOOSTW1031 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1,828 $4,747 323 932 -M-41 310 FERNANDO ST# 4041 404.58 38,420 0.37 $1495 0.37 1,626 0.37 1,828 $4,747 324 93294042 310 FERNANDO ST# 4051 404.58 38.20 0.37 $1.495 0.37 1,626 0.37 1,826 $4747 325 932 -M-43 310 FERNANDO ST#4061 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1.626 $4747 326 932940-04 310 FERNANDO ST#4071 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1.626 $4,747 327 93290045 310 FERNANDO ST#4081 404.58 38,420 0.97 $1,495 0.37 1,626 037 1.626 $4747 328 93290046 310 FERNANDO ST# 4091 404.58 3&420 0.37 $1495 0.37 1,626 0.37 1,828 $4,747 329 932 -94047 310 FERNANOOST#1101 404.58 38,420 0.37 $1,495 037 1,626 0.37 1.626 $4,747 330 932 -94048 310 FERNANDO ST #411 1 404.58 38,420 0.37 $1495 0.37 1,626 037 1.626 $4747 331 93294049 310 FERNANOOSTWl121 404.58 38,420 0.37 $1495 0.37 1,826 0.37 1,626 $4747 332 932 -940-62 319 CYPRESS ST 135.1] 10,149 0.50 $2,039 0.54 2,337 0.54 2.337 8712 333 932 -940 -63 317 CYPRESS ST 135.1] 10,149 0.50 $2,039 0.54 2,337 2,337 $6,712 334 932940 -64 315 CYPRESS ST 135.1] 10,149 0.50 $2039 0.54 2,337 0.54 2337 $6,712 335 9 940-85 311 CYPRESS ST 135.1] 10 149 0.50 $2,039 0.54 2.33] 0.54 233] $8712 336 932 - 940 -86 309 CYPRESS Sr 135.17 10,149 0.50 $2,039 0.54 2.337 0.54 2337 $6,712 337 932 - 940-67 307 CYPRESS ST 135.17 10,149 0.50 S2.039 0.54 2.337 0.54 2337 $6,712 MuniPinancial Exhibit E - Page 11 City of Newport Beach 336 932,94058 303 CYPRESS ST 135.17 10,149 0.50 $2.039 0054 2,337 0.54 2,337 11 6.712 339 932- 94059 305 CYPRESS ST 13.17 10,149 0.50 $2.039 0054 2337 0.54 2337 $6.712 340 932- 940 -70 301 CYPRESS ST 135.17 10,149 0.50 $2.039 0.54 2337 0.54 2.337 $6712 341 936520-01 421 EBAY AVE #1 2 114.96 8.973 0.60 $2.438 0.53 2,324 0.53 2.324 $7,087 342 20-02 414 EHARDING ST 1 114.96 8.973 0.60 $2.438 0.53 2,324 0.53 2.324 $7087 343 936520 -03 416 E HARDING ST #3 1 114.96 8.973 0.60 $2.438 0.53 2,324 0.53 2.324 $7,087 344 936520 -04 423 EBAYAVE04 2 114.96 8,973 0.60 $2.438 0.53 2,324 0.53 Z324 7087 345 936520 -05 425 E BAY AVE #5 2 114.96 8,973 0.60 $2438 0.53 2324 0.53 2.324 $7,087 346 93&520-08 418 HARDING ST #6 1 114.96 8,973 0.60 $2.438 0.53 2,324 0.53 2324 $7087 347 938520 -07 420 HARDINGST #7 2 973 0060 $2,438 0.53 2,324 0.53 2,324 S7 .M7 346 936520-08 427 BAY AVE08 2 8.973 0.60 $2,438 0.53 2,324 0.53 2,324 $7,087 349 936520 -14 406 EBAY AVE #1 0 12458 0.70 $2,886 0. 2,582 0.59 2.582 $8,030 350 936520 -15 406 E BAY AVE #2 0 12458 0 .70 $2.866 0.59 2,582 0. 2.582 30 351 938520 -16 406 EBAY AVE #3 0 r14O..9764 12,458 0.70 ,866 0.59 2,582 0.59 2,582 $8030 352 938520 -17 406 E BAY AVE #4 0 12,458 0 .70 $2,866 0.59 2,5K 0.59 2,582 030 353 936 - 520 -16 406 EBAY AVE #5 0 12,458 0.70 $2866 0.59 2.582 0.59 2,582 $8,030 354 936520.19 406 EBAY AVE #6 0 12,458 0.70 $2,866 0.59 2.582 0.59 2.582 $8,030 355 936-520-20 408 EBAY AVE #7 0 1 140.74 12.458 0.70 $2,868 0.59 2,582 0.59 2,582 $800 356 938 - 520-21 4D6 EBAY AVE #8 0 140.74 12,458 0.70 $2.666 0.59 2.582 0.59 2,582 MOM 357 936 -52 (,22 4D6 EBAY AVE 4119 0 140.74 12458 0.70 $2,868 0.59 2.582 0.59 2,582 $8,Ow 356 938 -52(,23 406 EBAY AVE #10 0 140.74 12,458 0.70 $2868 0. 582 0.59 2.582 $81030 359 936-520 -34 51.50 3.528 1.07 $4.359 0.84 3858 0.84 3,658 $11685 360 93652055 51.0 3.528 1.07 $4,369 0.84 3,658 0.84 3858 11685 TOTAL NA NA NA NA 388.]1 $1.583,020 38338 $1,583,020 38356 $1.663.020 $4.749,00 MuniFinanciai Exhibit E - Page 12 City of N4rvvport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT F - BOUNDARY MAP / ASSESSMENT DIAGRAM A Boundary Map and Assessment Diagram showing the Assessment District No. 101, the boundaries, and the dimensions of the subdivisions of land within the Assessment District No. 101, 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 E). The Boundary Map and Assessment Diagram in a reduced -scale format follows. MuniFinancial Exhibit F - Page 1 City of Newport Beach PROPOSED BOUNDARIES OF UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 101 cma xe�mo yr cwix,rarwx� mmaff rul,aww M{ao zo — I I I b / I -1� f cn iwe �P° II -- - - - - - - - - %- - - - -- LOT LO4O Un,,,ESTOZO 011 _-- - - - - - - - - - - - MuaiFtaaaoial Exhibit F - Page 2 City of Newport Beaoh --T PROPOSED BOUNDARIES OF UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 101 cm or rtnvEnrxFacx coux+r a axwwe s�,Eauuwxxx 1 ` } Ii . ` C�i�VgifP qVE � 1 � 1 t 1 o $ 11 1 w � 1 I� 11 I - iePY 1 l w _ _ _ _ _ _ _ _ _ J PLV — BALHIq B- — ®M MFina.cml ¢d° C9SlIn.4'H1.v =B a3SCR'FM iFIR 901nNRv nStLttVYi CM[CL LIK — CFN CERLWC WMIR' • unL1iICS 10 8E fE11PVE0 MuniFinancial Exhibit F - Page 3 City of Newport Beach ASSESSMENT DIAGRAM, ASSESSMENT DISTRICT NO. 1D1 anor rcwvo.r�w .e..._.e. cowmosaux� MuniFinancial Exhibit F - Page 4 City of Newport Beach e'�w•r.rm� . I ,�' � I • C%a 'I I +G . I QO I � . I ® CE) lilt �' ® I (a) O O O 10 O OI I _ _ I ® ® ® ® ® ®o ®o o ®11 .moo •r aus I • ® ® ® A O O Mmu)n..�- cacinl �mw.n.wa o ...........ei J I -------------- MuniFinancial Exhibit F - Page 4 City of Newport Beach MunlFinanelal Exhibit P - Page 5 City of Newport Beach ASSESSMENT DISTRICT, ®•" ASSESSMENT DISTRICT NO. 161 arraaaivoma�ucx wlanra�aa�xae sareosouAOwxu 1 °gar "pe+le .. awwrwrMwwunara t� 1 ®, ® II ®, •.a� � , , ` _ _ S '® 1E COD CMD COD IV ® ©- ®ell _ J - -- n%Lr!Em racial m& �— MunlFinanelal Exhibit P - Page 5 City of Newport Beach ASSESSMENT DIAGRAM, ASSESSMENT DISTRICT NO. 101 a3raP nnwvararwc�� aanPrraaawwe arnisarcuwmm� .9.T moo. E >aoaa..9 B.enB] -w ox -oB ]er o�e]Br.9. vat�.9Bn >>r a. e-io. 3t5T O.B +fll- 2TM1too •Bt P'- 1.t1 -01 i . 2+ o i H H N.292e a .9 -052 Pi S thl.—h 0 5i »3 i^touBO 992- B.B -i0 -Sio- vVBBn^ �t 2.aa .25T h I I .9.T moo. E >aoaa..9 B.enB] -w ox -oB ]er o�e]Br.9. vat�.9Bn >>r a. e-io. 3t5T O.B +fll- 2TM1too •Bt P'- 1.t1 -01 i -]2 Pi S thl.—h 0 »3 i^touBO 992- B.B -i0 -Sio- MuniFinancial Exhibit F - Page 6 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT G — MAXIMUM ANNUAL ADMINISTRATION COST ADD -ON In addition to, or as a part of the assessment lien levied against each parcel of land within the District, each parcel of land shall also be subject to an annual administrative cost add -on to pay costs incurred by the City, and not otherwise reimbursed, which result from the administration or registration of any bonds and or /reserve or other related funds. The maximum annual total amount of such annual administrative cost add -on for each parcel within the District will not exceed $100.00. Each parcel's share of the administrative cost add -on shall be computed based on the parcel's proportionate share of its annual assessment (not to exceed $100.00.) MunlFinaneial Exhibit G - Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT H — RIGHT -OF -WAY CERTIFICATE CITY OF NEWPORT BEACH COUNTY OF ORANGE STATE OF CALIFORNIA The undersigned hereby certifies under penalty of perjury that the following is true and correct. At all times herein mentioned, the undersigned was, and now is, the duly appointed Superintendent of Streets of the City of Newport Beach, California. The city of Newport Beach has instituted proceedings under the provisions of the "Municipal Improvement Act of 1913 ", being Division 12 of Streets and Highways Code of the State of California, for the construction of certain public improvements in a special assessment district known and designated as Assessment District No. 101 (hereinafter referred to as the " District "). All easements, rights -of -way or land necessary for the accomplishment of the works of improvement for the above - referenced District have been obtained and are in the possession of the City. All works of improvement as proposed to be constructed within said District will be constructed within public rights -of -way, land or easements owned by said City at the time of the construction of the works of improvement. EXECUTED this Z3 day of 2008, at Newport G. Badum, P.E. endent of Streets MuniFinancial Exhibit H - Page I City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT I — PUBLIC PROPERTIES There are two publicly owned properties within the boundaries of the District (Library and Fire Station / Assessment Numbers 106 and 125) that specially benefit from the undergrounding of overhead facilities and have been assessed based on the methodology presented herein. MuniFinancial Exhibit I - Page 1 City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT J CERTIFICATION OF COMPLETION OF ENVIRONMENTAL PROCEEDINGS CITY OF NEWPORT BEACH COUNTY OF ORANGE SATE OF CALIFORNIA The undersigned, under penalty of perjury, certifies as follows: 1. The improvements to be constructed under the proceedings in Assessment District No. 101 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. 101 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. 4. All environmental evaluation proceedings necessary for the formation of Assessment District No. 101 have been completed to my satisfaction, and no further environmental proceedings are necessary. EXECUTED this Z.% day of 2008, at Nei California. G. Badum, P.E. endent of Street MuniFinancial Exhibit J - Page 1 City of Newport Beach Authorized to Publish Advertisements of all kinds including public notices by— Decree of the Superior Court of Orange County, Califdmia. Number A -6214; - September 29, 1%1, and A -24831 June 11, 1963. i PROOF OF PUBLICATION STATE OF CALIFORNIA) ) ss. COUNTY OF ORANGE ) I am a Citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or interested in the below entitled matter. I am a principal clerk of the NEWPORT BEACH - COSTA MESA DAILY PILOT, a newspaper of general circulation, printed and published in the City of Costa Mesa, County of Orange, State of California, and that attached Notice is a true and complete copy as was printed and published on the following dates: May 31, 2008 I declare, under penalty of perjury, that the foregoing is true and correct. Executed on June 3, 2008 at Costa Mesa, California. r�it it 'V ic"') t Si nature ncoVlu IIVIT nO. IW442 _ RESO66614 GIVING PRELIMINARY APP AL TO REVISED REPORT OF THE ASSESSI ENGINEER FOR ASSESSMENT DISTRICT 101 AND AN UNDERGROUND UTILITIES TRICE, SETTING A TIME AND PLACE FI PUBLIC HEARING THEREON, AND ORDE THE INITIATION OF ASSESSMENT BA 1EREAS, this legislative body has minit rceedings for the formation of a sp, ressment district designated as Assessn trict No. 101 (hereinafter referred to as :sessment District') to provide for the Sion of certain overhead electrical nmunication facilities to underground I, IS. together with appurtenances and apt ant -work in connection therewith, pursL Me terms and nrnme,,,.,. „f .u. •...._._ Streets and Highways Cade of ti ,forms (the 'Act'); EREAS, Me proceedings are also t Ither the area comprising the I :rict should be designated an w ties district; EREAS, this legislative body pre, fed a Preliminary Report of the A ineer (the "Original Report*) for t it District as required by Sections 74 Of the Act, The Special A stigation, Limitation, and Majori of 1931, Article %IIID of the Cons State of California ('Article %IIID" losition 218 Omnibus Implement nmencing with Section 53750 of Article AIIID, and the Implementation referred to herein collectively as ssment Law"); TEAS, Mere has been filed with red by this legislative body a rer hoary Report of the Assessment LAID as of May 27, 2008 (the 'Rev t "), which Revised Report corrects car is. including the spread of special ass in the Original Report; EAS, this legislative body desires mt the Original Report with the super: evised Report, to reschedule a pu g on the formation of the Assemn :t and the designation of the Assessn ormation of the Assessment District; on 1 IOW, THEREFORE, It is hereby Determim esolved, and Ordered as follows: ECTION 1. The above recitals are all true a orrect. ECTION 2. The Revised Report is here dopted and preliminarily approved, as follows . The plans and specifications for the propos aprovements to be constructed, as contain, the Revised Report, are hereby preliminan . ine Assessment Engineer's estimate of it amized and total costs and expenses of tl Instruction of the improvements and of it cidental expenses in connection therewil mtained in the Revised Report, and each , em are hereby preliminarily approved or lopted; The diagram showing the Assessment Distrh ferred to and described in the Resolution r tention. and also the boundaries and dimer Ins of the respective real property interest thin the Assessment District, as the Sam isted at the time of the passage of sai solution of Intention, each of which have bills Pen a separate number upon the diagram, a ntamed in the Revised Report, is hereb eliminarily approved and adopted; The proposed assessment upon the seven )party interests in the Assessment District proportion to the estimated special benefit: be received by such property interests pectively, from the improvements to bP Istructed, and of the incidental expense: reof, as contained in the Revised Ran„rt The descriptions of the improvements to b, Istructed contained in the Revised Reoort ar. ;HUN 3. The Revised Report shall stand as Assessment Engineer's Report for the pose of all ain ._. 'lull r. no ulE 11 HEREBY given that th Iy Council of the City Of Newport Bead II hold a public hearing on the asc ... me. trio, the proposed ass ... mems, and the slgnation of the area as an undergroum lines district ai Its regular meeting place ing the Council Chambers of 3300 Newpor ulevard, Newyart Beach, CaNfamla, on lull 2008 at 7:00 p.m. suant to the provisions of the Assessmerc v. each record owner of property that h Iject to the assessment has the right k Pmit an assessment ballot in .favor of or it Position to the proposed assessment, essment ballots will be mailed to the recarc ter of each property interest located within assessment district and subject to a Posed assessment. Each such owner may 1plele such ballot and thereby indicate their port for or opposition to the proposed essment. All such ballots must be received the City Clerk at the following address at before the time set tar the close of the lic hearing: City Clerk City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 ostmark prior to such date and time wild of the public hearing, the ise the assessment h: rotes[ exists, the City Council shall an assessment within the assess . A majority protest exists if, upon within the assessment d submitted in favor of s elating the ballots, the gation of the affected property. 11ON 5. The City Clerk is hereby direc nail or cause to be mailed, in the form I mer prescribed in the Assessment Law east 45 days prior to the date of the put -ing, notice of the public hearing and ation of the Resolution of Intention and filing of the Revised Report, together w assessment ballot materials, to the recP ers of all real property proposed to sled. SED, APPROVED AND ADOPTED at a regu ting of the City Council of the City port Beach held on the 27th day of M: 1, by the fallowing vote: Henn, Rosansky, Daigle, Webb, Curi Iner, Mayor Selich _ NT: None rAIN: None 5T: /s/ Edward D. Selich May aVonne M. Harkless Beach /Costa Mesa