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Home My WebLink About23 - Assessment District 101CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 23 July 22, 2008 TO: 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 ASSESSMENT DISTRICT NO. 101 —AN AREA GENERALLY BOUNDED BY BUENA VISTA BOULEVARD, EDGEWATER AVENUE, ADAMS STREET, BALBOA BOULEVARD - FOR UNDERGROUNDING UTILITIES AND DESIGNATION AS AN UNDERGROUND UTILITIES DISTRICT Recommendations: 1. Open public hearing on the formation of Assessment District No. 101. 2. Hear testimony from those who desire to speak. 3. Close the public hearing. 4. Count ballots. 5. If greater than or equal to 50% of weighted "Yes" votes versus "No" votes are submitted, then a majority protest by ballot procedure does not exist and the District may be formed. If it is desired to form the District, take the following actions: a. Adopt a Resolution declaring the results of the ballot tabulation, approving the Assessment Engineer's Report, confirming the assessment for Assessment District No. 101, ordering the acquisition of improvements, and designating the area an Underground Utilities District. b. Approve a Budget Amendment in anticipation of the formation and approval of Assessment District No. 101. The proposed Budget Amendment of $4,749,060 will provide $4,464,117 for the design, construction, financing and incidental contingencies, $284,944 to establish a bond reserve. The Budget Amendment will increase revenue estimates by $4,464,117 and increase expenditure appropriations by $4,343,872. The difference of $120,245 will be utilized to reimburse the City for past assessment engineering and design expenditures related to this district. This Budget Amendment includes $164,425 for the related assessment on City -owned properties located at 100 and 110 East Balboa Boulevard. 6. If desired, abandon the proceedings. Proposed Assessment District No. 101 — Area Generally Bounded by bounded by Buena Vista Boulevard, Edgewater Avenue, Adams Street, Balboa Boulevard — For Underground Utilities and Designation as an Underground Utilities District July 22, 2008 Page 2 Discussion: On April 8, 2008, City Council accepted a Preliminary Engineer's Report for proposed Assessment District No. 101, and adopted a Resolution of Intention in order to form the District as discussed in the attached Staff Report (Exhibit A). The location of the proposed District and overhead facilities to be removed are shown on Exhibit B. On May 7, 2008, the first informal public information meeting was held with property owners in the City Council Chambers to discuss the proposed District. On May 27, 2008 the City Council approved Resolution No. 2008 -24 accepting the Amended Preliminary Engineer's Report for Proposed Assessment District No. 101 and setting a public hearing date of July 22, 2008 as discussed in the attached Staff Report (Exhibit C). The Amended Preliminary Engineer's Report was in response to public input on the proposed district and a miscalculation, which caused 17 of the 360 properties within the assessment district boundaries to be under - assessed for the benefit of Safety. Further refinement of the methodology was undertaken to adjust the Safety benefit assessment differentials. In order to move forward with these proceedings, an additional 45 -day noticing period was required for property owners to cast ballots in accordance with Article XIIID of the State Constitution (Proposition 218). Revised ballots were mailed so property owners could vote on the amended assessment amount. Action on the District will be taken after the public hearing is closed and the ballots are counted. Subsequently, a second informal public information meeting was held on June 26, 2008 to discuss the revised methodology and assessments in the Amended Engineer's Report dated May 27, 2008. The procedure being used for the formation of this District is the Municipal Improvement Act of 1913. The project will be financed by municipal bonds over a period of 15 years. Plans and specifications for the project were prepared by the respective public utilities, which will own and operate the underground facilities that will be paid for by the Assessment District. The proposed District will underground all overhead electrical, telephone, and cable TV lines. However, each property owner will be required to underground and connect his or her individual house services. The cost to convert the house services is not a part of the Assessment District and must be contracted separately by the private property owners. The total cost of the District is $4,749,060, which excludes the Federal Income Tax Component of Contribution (ITCC) Tax, similar to Assessment District No. 92. The method of assessment is determined by an analysis of benefit a property receives from the proposed undergrounding of the existing overhead utilities. This assessment methodology assigns benefit factors based on three separate criteria: aesthetics, safety, and reliability. To assess benefits equitably, it is necessary to relate each property's proportional Proposed Assessment District No. 101 —Area Generally Banded by bounded by Buena Vista Boulevard, Edgewater Avenue, Adams Street. Balboa Boulevard — For Underground Utilities and Designation as an Underground Utilities District July 22, 2008 Page 3 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 Improvement Act 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. The costs were then prorated to each parcel based on the number of benefit points assigned. The estimated assessments range from $4,747 to $149,608, with an average of $13,415. Due to the wide variation in property sizes, uses, and degree of undergrounding required, the various benefit factors accounted for each individual situation. Some exceptions were taken on a few lots that did not fit neatly into the benefit factor criteria. These parcels included: • 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. Proposed Assessment District No. 101 — Area Generally Bounded by bounded by Buena Vista Boulevard, Edgewater Avenue, Adams Street, Balboa Boulevard — For Underground Utilities and Designation as an Underground Utilities District July 22. 2008 Page 4 • 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. If no majority protest exists, staff recommends adoption of the Resolution (Exhibit D) designating the area as an Underground Utilities District per Municipal Code Chapter 15.32 and consideration of the Final Engineer's Report (Exhibit E). Environmental Review: This project qualifies for a Class 2 California Environmental Quality Act (CEQA) exemption under Section 15302, item "d" of the Implementing Guidelines as follows: "Conversion of overhead electric utility distribution system facilities to underground including connection to existing overhead electric utility distribution lines where the surface is restored to the condition existing prior to the undergrounding." Public Notice for this Public Hearing was mailed out on May 30, 2008 to provide minimum 45 -day noticing to property owners within the proposed district boundary. Funding Availability: Upon formation and approval of the District, funding will be provided by property owner contributions and bonded assessments. See attached Budget Amendment. Prepared by: �AvxA4_ Peter Tauscher Junior Engineer Submitted by: sfe'plfenO . Badum Public Works Director Attachments: Exhibit A -April 8, 2008 Council Report (without attachments) Exhibit B — District Boundary Map EXHIBIT A APRIL 8, 2008 COUNCIL REPORT CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. April 8, 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 Assessment District No. 101 — Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District Recommendations: 1. Adopt the following Resolutions for Proposed Assessment District No. 101: a. Resolution Receiving a Petition for, Adopting a Map Showing the Proposed Boundaries of, and Making Appointments for Proposed Assessment District No. 101. b. Resolution Declaring Intention to Order the Construction of Certain Improvements in Proposed Assessment District No. 101; Declaring the Improvements to be of Special Benefit; Describing the District to be Assessed to Pay the Costs and Expenses Thereof; Providing for the Issuance of Bonds; and to Designate the Area an Underground Utilities District. C. Resolution Giving Preliminary Approval to the Report of the Assessment Engineer for Assessment District No. 101, Setting a Time and Place for a Public Hearing as May 27, 2008; and Ordering the Initiation of Assessment Ballot Procedures. d. Resolution Approving Utility Improvement Contracts for Utility Improvements for Assessment District No. 101. 2. Approve the Bond Counsel Agreement with Robert Hessell and authorize the Mayor and City Clerk to execute the Agreement. Discussion: Proposed Assessment District No. 101 is for the conversion of existing overhead utilities to underground locations. Property owners within the proposed Assessment District boundary will bear the cost of the improvements and associated proceedings. Property owners located in Proposed Assessment District No. 101 submitted petitions to the City requesting formation of a special assessment district to underground Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District April 8, 2008 Page 2 overhead utilities. To date, City Council has approved a total appropriation of $120,245 for the preliminary stages of this project including $22,745 to retain the firm of MuniFinancial as the assessment engineer, and $40,000 and $57,500 to SCE and AT &T, respectively, to prepare the engineering drawings for the District. On September 24, 2004, MuniFinancial certified signed petitions submitted by 60.6 percent of owners with assessable property within proposed Assessment District No. 101. 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. The estimated total cost for Proposed Assessment District No. 101 is as follows: ITEM COST Cost of Construction $4,146,258 Incidental Costs and Expenses $285,420 Financing (Bond) Costs $469,716 Estimated Total Cost: $4,901,394 Estimated cost does not include the Federal Income Tax Component of Contribution (ITCC) tax, which is a betterment tax, which is 22 percent of the SCE construction cost ($555,546). The Bond Reserve for this district is estimated at 7.67 percent. 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 10.6 percent. In addition to the payment of the assessment, each property owner is responsible for the costs of converting the 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 owners 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: Resolution of Intention Aril 8, 2008 Property owner information meeting May 7, 2008 Public Hearing May 27, 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 The Assessment Engineer used an equivalent benefit unit (EBU) methodology to Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District April 8, 2008 Page 3 apportion assessments within this District. The EBU from undergrounding the overhead utilities were divided into three categories: 1) Improved safety, 2) Improved reliability, and 3) Improved neighborhood aesthetics Improved 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 within the District. For the benefit of Safety, one equivalent benefit unit (1.0 EBU) is equal to a single- family residential lot with 30 linear feet of frontage along any side of its property that is adjacent to overhead facilities. Therefore, some properties, including certain single - family residences, have been assigned additional EBU's to reflect the total frontage that is directly adjacent to overhead facilities, including multiple sides of the property. In identifying parcels that will be assigned a Safety EBU greater than or equal to 1 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. In addition, utility poles are considered a part of the overhead facilities and properties that front utility poles are assigned a minimum of 1 EBU. Properties that do not have any overhead facilities directly adjacent to their property along the public rights -of -way shall be assigned a minimum EBU equal to 0.5 to reflect the improved overall safety of the neighborhood that these properties specially benefit from. For each condominium complex, the EBUs calculated were evenly distributed to each condo within the complex. For single - family residences, multi - family properties, and non - residential properties, the EBUs calculated were assigned to the applicable Assessor's Parcel Number. Below is the formula to calculate a parcel's EBUs for the benefits of Safety. Parcels Frontage Safety Benefit EBU Calculation 1 -30 linear feet 1 x Safety Parcel's EBU > 30 linear feet Parcel's Frontage _ Safety 30 x EBU — Parcel's EBU Proposed Assessment District No. 101 Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District April 8, 2008 Page 4 Improved Reliabilitv 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 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 2,100 sgft 1 x ReEBU ity ° Parcel's EBU > 2,100 Parcel's Sqft x Reliability = Parcel's EBU 2,100 EBU Improved 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 Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District April 8, 2008 Page 5 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 Beneflt EBU Calculation <_ 2,100 sgft 1 x Aesthetics = parcel's EBU EBU > 2,100 Parcel's Saft x Aesthetics = parcel's EBU 2,100 EBU These benefits were assigned EBUs for each parcel as follows: Category of Special Benefit Beneflt Allocation Budget Improved Safety 33.33% $1,633,789 Improved Reliability 33.33% $1,633,789 Improved Aesthetics 33.33% $1,633,789 TOTAL 100% $4,901,394 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 an overhead to an added safety, one -third to the system reliability and one -third of the costs will be distributed to the parcels that receive the aesthetic view enhancement to the neighborhood area. The range for the estimated assessment costs per parcel is $3,888.35 to $121,646.62. Assessments vary over a wide range due to the variation of property sizes, uses, and the degree of undergrounding required. Some exceptions were taken for parcels that did not fall into the benefit factor criteria. The following were exceptions within AD -101: 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. 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 assessors parcel numbers by the County and are assessed as part of this utility undergrounding. Proposed Assessment District No. 101 —Area Generally Bounded by Buena Vista Avenue, Edgewater Avenue, Adams Street, and Balboa Boulevard - for Undergrounding Utilities and Designation as an Underground Utilities District April 8, 2008 Page 6 Drawings and specifications for this assessment district were prepared by SCE, AT &T, and Time Warner Cable. Attached is a sketch showing the boundary of the proposed Assessment District No. 101 and the utilities to be undergrounded. 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. Prepared by: Peter Tauscher Junior Engineer Attachments: Submitted by: Stephen G. Badum Public Works Director 1. Exhibit showing proposed boundaries of Assessment District No. 101 2. Resolution Receiving a Petition for, Adopting a Map Showing the Proposed Boundaries of, and Making Appointments for the Proposed District No. 101 3. Resolution Declaring Intention to Order the Construction of Certain Improvements; Declaring the Improvements to be of Special Benefit; Describing the District to be Assessed to Pay the Costs and Expenses Thereof; Providing for the Issuance of Bonds; and Designate the Area an Underground Utilities District 4. Resolution Giving Preliminary Approval to the Report of the Assessment Engineer, Setting a Time and Place for a Public Hearing as May 27, 2008; and Ordering the Intention of Assessment Ballot Procedures 5. Resolution Approving Utility Improvement Contracts for Utility Improvements 6. Utility Contracts for SCE and AT &T 7. Bond Counsel Agreement 8. Notice of Exemption 9. Preliminary Engineer's Report EXHIBIT B DISTRICT BOUNDARY MAP BOUNDARY OF PROPOSED ASSESSMENT DISTRICT EAST hl)urvv^'"c • -- -- WEST PROPOSED ASSESS N NOT TO SCALE ISLAND AVENUE, EAST BALBOA BOULEVARD, AND ADAMS STREET & AREA BOUNDED BY BUENA VISTA BOULEVARD, LINDO AVENUE, ALLEY AND WEST BAY AVENUE 0 POLES TO BE REMOVED OVERHEAD LINES TO$E REMOVED EXHIBIT "C" Sheet 1 of 4 PAGE 1 OF 4 1122!04 20.3 {i p Q CD p N N N M r p r N d m r N BLVD �..r WEST BALBOA NOT TO SCALE PROPOSED ASSESSEMENT DISTRICT NO.101 AREA BOUNDED BY EAST EDGEWATERAVENUEIEDGEWATER PLACE, ISLAND AVENUE, EAST BALBOA BOULEVARD, AND ADAMS STREET 8 AREA BOUNDED BY BUENA VISTA BOULEVARD, LINDO AVENUE, ALLEY AND WEST BAY AVENUE POLES TO BE REMOVED OVERHEAD LINES TO BE REMOVED PAGE 2 OF 4 EXHIBIT "C" Sheet 2 of 4 fft—o-'Mm EAST EDGEWATER AVENUE r' Cj tip O r M IAti �' � •"' r" rN.. Nom' � Q Ip 330 329. 326 327 328 327 324 325 :uY 326 r 325 n 322 323 ¢ 324 m w sz3 i 323 320 321 322 uMi 0 321 a 318 319 320 a W 319 316 317 318 it co 317 314 315 316 z w 312 313 0 6 314 x 313 310 311 'z 12 0 311 308 309 310 z, a 306 307 306 �^q, m fnn ui co -- - i 304 305 , co p C*4' cv BOUNDARY OF p N v v PROPOSED r r �� r AVENUE ASSESSMENT BAY DISTRICT ! WEST 20.3 {i p Q CD p N N N M r p r N d m r N BLVD �..r WEST BALBOA NOT TO SCALE PROPOSED ASSESSEMENT DISTRICT NO.101 AREA BOUNDED BY EAST EDGEWATERAVENUEIEDGEWATER PLACE, ISLAND AVENUE, EAST BALBOA BOULEVARD, AND ADAMS STREET 8 AREA BOUNDED BY BUENA VISTA BOULEVARD, LINDO AVENUE, ALLEY AND WEST BAY AVENUE POLES TO BE REMOVED OVERHEAD LINES TO BE REMOVED PAGE 2 OF 4 EXHIBIT "C" Sheet 2 of 4 fft—o-'Mm CV W f� Q a 4 M 2 a t: F L l f ASSESSEMENT DISTRICT NO.101 OFPROPOS£D 4T DISTRICT a W Q a m w z J S U Q N NOTTO SCALE AREA BOUNDED BY EAST EDGEWATER AVENUE/EDGEWATER PLACE, ISLAND AVENUE, EAST BALBOA BOULEVARD, AND ADAMS STREET $ AREA BOUNDED BY BUENA VISTA BOULEVARD, L.INDO AVENUE, ALLEY AND WEST BAY AVENUE 0 POLES TO BE REMOVED OVERHEAD LINES TaBE REMOVED PAGE 3 OF 4 EXHIBIT "C" Sheet 3 of 4 1/22/04 BOUNDARY OF PROPOSED ASSESSMENT DISTRICT 1` NOT TO SCALE FKUHUSED ASSESSEMENT DISTRICT NO.101 AREA BOUNDED BY EAST EDGEWATER-AVENUE/EDGEWATER PLACE, ISLAND AVENUE, EAST BALBOA BOULEVARD, AND ADAMS STREET & AREA BOUNDED BY BUENA VISTA BOULEVARD, UNDO AVENUE, ALLEY AND WEST BAY AVENUE 0 POLES TO BE REMOVED Q POLES TO BE REMOVED AS PART OF AD-75 OVERHEAD LINES TO BE REMOVED PAGE 4 OF 4 EXHIBIT "C" Sheet 4 of 4 7!22104 EXHIBIT C MAY 27, 2008 COUNCIL REPORT CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 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 betterment 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 Janua 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 Safe 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 Facilities Safety Benefit EBU 0 Linear 1.0 EBU Feet a 60 Linear - 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 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 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 2,100 sgft 7 x ReEBU ity - Parcel's EBU > 2,100 Parcel's Sqft 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 Aesthetics = Parcel's EBU EBU > 2,100 Parcel's Saft x Aesthetics = Parcel's EBU 2,100 EBU These benefits were assigned EBUs for each parcel as follows: Category of Speclal 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. r 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 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. 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. Prepared by: Peter Tauscher Junior Engineer Attachments: Submitted by: Stephen G. Badum Public Works Director 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 DECLARING THE RESULTS OF THE BALLOT TABULATION, APPROVING THE ASSESSMENT ENGINEER'S REPORT, CONFIRMING ASSESSMENTS FOR ASSESSMENT DISTRICT NO. 101, ORDERING THE ACQUISITION OF IMPROVEMENTS, AND DESINATING THE AREA AN UNDERGROUND UTILITIES DISTRICT WHEREAS, this City Council has previously adopted its Resolution of Intention and initiated proceedings for the acquisition of certain public works of improvement, namely, the conversion of certain overhead electrical and communication facilities to underground locations, together with appurtenances and appurtenant work, in a special assessment district designated as Assessment District No. 101 (hereinafter referred to as the "Assessment District ") 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 "Improvement Act "); WHEREAS, this City Council finds that the public necessity, health, safety and welfare require the removal of poles, overhead wires and associated overhead structures within the area of the Assessment District and the underground installation of wires and facilities for supplying electric, communication or similar or associated services; WHEREAS, this City Council furtherfinds that the area comprising the Assessment District should be designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach; WHEREAS, the final Assessment Engineer's Report contains all the matters and items called for pursuant to the provisions of the Improvement Act, 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 Improvement Act, Article XIIID, and the Implementation Act are referred to herein collectively as the "Assessment Lave'), including the following: 1. Plans and specifications of the improvements proposed to be acquired; 2. Estimate of cost of acquisition of the improvements proposed to be acquired; 3. Diagram of Assessment District identifying all parcels that will receive a special benefit conferred upon them from the acquisition of the improvements and upon which an assessment is proposed to be imposed; 4. An assessment proportionate to the special benefit to be conferred upon each parcel to be assessed; 5. A description of the works of improvement proposed to be acquired; 6. An estimate of the time required to complete the conversion. WHEREAS, notices of a public hearing, accompanied by ballot materials, were mailed in the time, form and manner required by the Assessment Law and as evidenced by a certificate on file with the transcript of these proceedings, a full public hearing on the improvements and assessments was held on the date hereof, and at the conclusion of the public hearing all ballots submitted pursuant to the Assessment Law were tabulated, all in the manner provided by the Assessment Law; WHEREAS, this City Council hereby determines that the ballots received by the City Clerk in opposition to the proposed assessment and weighted as required by the Assessment Law do not exceed the ballots received in favor of the assessment and similarly weighted and, therefore, a majority protest does not exist; WHEREAS, this City Council now desires to approve, confirm and order the improvements and assessments as set forth in the Assessment Engineer's Report as submitted; NOW, THEREFORE, the City Council of the City of Newport Beach does hereby Determine, Order and Resolve as follows: RECITALS SECTION 1. The above recitals are all true and correct. WRITTEN PROTESTS SECTION 2. All protests and objections of every kind and nature submitted pursuant to the Improvement Act are hereby overruled and denied. BALLOT TABULATION PURSUANT TO ARTICLE MID SECTION & The ballots submitted pursuant to the Assessment Law in opposition to the assessment and weighted as required by the Assessment Law do not exceed the ballots submitted in favor of the assessment and similarly weighted, and it is thereby determined that a majority protest pursuant to the Assessment Law does not exist. SPECIAL BENEFITS RECEIVED SECTION 4. Based upon the Assessment Engineer's Report and the testimony and other evidence received at the public hearing, it is hereby determined that: A. All assessed properties within the boundaries of the Assessment District receive a special benefit from the works of improvement as proposed to be acquired for said Assessment District; B. The proportionate special benefit derived by each parcel proposed to be assessed has been determined in relationship to the entirely of the cost of the acquisition of the works of improvement; 2 C. No assessment to be imposed on any parcel exceeds the reasonable cost of the proportional special benefit to be conferred on such parcel; D. Only special benefits have been assessed and all parcels receiving a special benefit are to be assessed. PUBLIC INTEREST AND CONVENIENCE SECTION 5. The public interest and convenience require the acquisition of the improvements, the proposed project is feasible, and the lands to be assessed will be able to carry the burden of such proposed assessment. Therefore, it is hereby ordered that the improvements be acquired, together with appurtenances and appurtenant work in connection therewith, in said Assessment District, as setforth in the Resolution of Intention previously adopted and as set forth in the Assessment Engineer's Report presented and considered at the public hearing. ASSESSMENT ENGINEER'S REPORT SECTION 6. The final Assessment Engineer's Report, as now submitted, updated and amended, is hereby approved and said Report shall stand as the report as required by the Assessment Law for all future proceedings for this Assessment District. CONFIRMATION OF ASSESSMENT SECTION 7. The assessments, as now filed in the Assessment Engineer's Report and diagram for the improvements to be acquired, together with appurtenances and appurtenant work in connection therewith, are hereby confirmed. The assessments contained in the Assessment Engineer's Report are hereby levied and approved as follows: A. The final assessments to represent the costs and expenses to finance acquisition of the works of improvement, including the portion for possible federal tax liability, as authorized by these proceedings and the Assessment Law. B. The annual assessment to pay for administrative costs in an amount not to exceed the maximum annual assessment as set forth in the Assessment Engineer's Report. RECORDATION OF ASSESSMENT SECTION 8. The City Clerk shall forthwith deliver to the Superintendent of Streets the assessment, together with the diagram attached thereto and made a part thereof, as confirmed, with a certificate of such confirmation attached and the date thereof; and that said Superintendent of Streets shall then immediately record said diagram and assessment 3 in his Office in a suitable book to be kept for that purpose and attach thereto his certificate of the date of such recording. COUNTY RECORDER NOTICE SECTION 9. Upon confirmation of the assessments and recordation of the assessment roll and diagram, a certified copy of the assessment diagram shall be filed in the Office of the County Recorder. Immediately thereafter, a copy of the notice of assessment shall be recorded in the Office of the County Recorder in the manner and form as set forth by law and specifically Section 3114 of the Streets and Highways Code of the State of California. MAILED NOTICE SECTION 10. Upon recordation of the diagram and assessment, a notice shall be mailed to each owner of real property within the Assessment District at the owners last known address, as said address appears on the last equalized tax rolls of the County, said notice to set forth a statement containing a designation of the property assessed, as well as the amount of the final confirmed assessment, and further indicating that bonds will be issued pursuant to the `Improvement Bond Act of 1915 ". PUBLICATION SECTION 11. Notice shall also be given by publication in the designated legal newspaper, said notice setting forth the amount of the final assessment and indicating that said assessment is now due and payable, and further indicating that if said assessment is not paid within the allowed thirty (30) day cash collection period, bonds shall be issued as authorized by law. ASSESSMENT COLLECTION SECTION 12. The County Auditor is hereby authorized and directed, in accordance with the provisions of Section 8682 of the Streets and Highways Code of the State of California, to enter into the assessment roll on which property taxes will next become due, opposite each lot or parcel of land affected, in a space marked "public improvement assessment" or by other suitable designation, the next and several installments of such assessment coming due during the ensuing fiscal year covered by the assessment roll and that said entry then shall be made each year during the life of the bonds for the proceedings for the above - referenced Assessment District. This authorization is continual until all assessment obligations have been discharged and the bonds terminated. As an alternate, and when determined to be in the best interests for bondholders of the Assessment District, this legislative body may, by Resolution, designate an official other than the County Tax Collector to collect and maintain records of the collection of the assessments, including a procedure other than the normal property tax collection procedure. 0 In accordance with the provisions of Section 8685 of the Streets and Highways Code, if any lot or parcel of land affected by any assessment is not separately assessed on the tax roll so that the installment of the assessment to be collected can be conveniently entered thereon, then the Auditor shall enter on the roll a description of the lot or parcel affected, with the name of the owners, if known, but otherwise the owners may be described as "unknown owners ", and extend the proper installment opposite the same. ASSESSMENT VERIFICATION STATEMENT SECTION 13. The County Auditor is directed, within 90 days after any special assessment installment becomes delinquent, to render and submit a detailed report showing the amounts of the installments, interest, penalties and percentages so collected, for the preceding term and installment date, and from what property collected, and further identify any properties which are delinquent and the amount and length of time for said delinquency, and further set forth a statement of percentages retained for the expenses of making such collections. This direction is specifically made pursuant to the authorization of Section 8683 of the Streets and Highways Code of the State of California. ASSESSMENT DISTRICT FUNDS SECTION 14. The Treasurer is hereby authorized at this time, if not previously done, to establish the following funds as necessary for the payment of costs and expenses and administration of the proceedings for this Assessment District: A. Improvement Fund: All monies received from cash collections, proceeds from the sale of bonds, and applicable contributions shall be placed into the Improvement Fund. B. Reserve Fund: All monies as designated to assist in the payment of delinquencies shall be placed into the Reserve Fund. C. Redemption Fund: All monies received from the payment of assessments shall be placed in the Redemption Fund. For particulars as to the administration and handling of the Funds, the specific terms and conditions shall be set forth in a Bond Indenture to be approved by the subsequent adoption of a Resolution Authorizing the Issuance of Bonds. UNDERGROUND UTILITIES DISTRICT DESIGNATION SECTION 15. The Assessment District area is hereby designated an underground utilities district pursuant to Chapter 15.32 of the Code of Ordinances of the City of Newport Beach. A description of the area included within the underground utilities district is contained in the Assessment Engineer's Report and incorporated herein by this reference. 5 PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Newport Beach held on the 22nd day of July, 2008, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 0 Mayor CITY OF NEWPORT BEACH AMENDED ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 DATED: MAY 27, 2008 INTENT MEETING: April 8, 2008 PUBLIC HEARING: July 22, 2008 Corporate OiNce 27368 Via Industria Suite 110 Temecula, CA 92590 Tel: (951) 587 -3500 Tel: (800) 755 -MUNI (6864) Fax: (951) 587 -3510 Regional Otirces Anaheim, CA Industry, CA Jacksonville, FL Lancaster, CA Oakland, CA www.rnum.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 DESCRIPTION OF WORK ii EXHIBIT A - PLANS AND SPECIFI CATI ONS ....................................................................... ..............................A EXHIBIT B - COST ESTIMATE B EXHIBIT C - DEBT LIMIT REPORT ....... ............................................................................................................ C EXHIBIT D - METHOD OF ASSESSMENT ............................................................................ ..............................D EXHIBIT E - ASSESMENT ROLL ............................................................. ............................... ..............................E EXHIBIT F - ASSESSEMENT DI AGRAM .............................................................................. ............................... F EXHIBIT G - MAXIMUM ANNUAL ADMINISTRATIVE COST ........................................ ..............................G EXHIBIT H - RIGHT -OF -WAY AND EASEMENTS ....................................:......................... ..............................H EXHIBIT I - PUBLIC PROPERTI ES ......................................................................................... ..............................I MunlFinancial City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH The undersigned respe I '7 G P6 piniv �EH T $r 37247 1 UP E -30 -0$ I HEREBY CERTIY " Assessment Diagram th Ma 2008. the enclosed report as directed by the City Council. Willdan Assessment Engineer Wed Engineer's Report, together with the Assessment and was filed with me on the Z;r" day of �1� Clerk of the City Council, City of Newport Beach, California I HEREBY CERTIFY that the enclosed Engineer's Report, together with the Assessment and Assessment Diagram thereto attached, received Preliminary approval by t for the City of Newport Beach, California, on the 23= day of , M44 2008. A� Clerk of the City Council, City of Newport Beach, California I HEREBY. CERTIFY that th Assessment Diagram thereto attache ec the City of Newport Beach, California, on the by the City Council for I , 2008. Clerk of the City Council, City of Newport Beach, California CERTIFY that the .- ngineer's Report, together with the Assessment anc Nagram thereto attached, was recorded in my office on the 2-3 day of 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 "District'), 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 terms 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. Undewroundine of Overhead UtiEMI -fines 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 fines 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 Property 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. MuniFinanciai 1 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 Assessors 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 j — Certificate of Completion of Environmental Proceedings. Munillinancial City of Newport Beach ENGINEER'S REPORT ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH EXHIBIT A - PLANS AND SPECIFICATIONS PLANS AND SPE- CIEICATIONS 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 Final Telephone Construction Cast AT &T Civil Construction $1,138,206 $1,138,206 Contingency (- tO%) $113,821 $113,821 AT &T Design Engineering $57 ,500 $57,500 Subtotal $1,309,527 $1,309,527 Electrical Construction Cost SCE Civil Construction $2,525,210 $2,525,210 Contingency (- 10%) $252 ,521 $252,521 SCF, Design Engineering $40,000 $40,000 Subtotal $2,817,731 $2,817,731 Street Rehabilitation $19,000 $19,000 Total Construction Cost: $4,146,258 $4,146,258 INCIDENTAL EXPENSES Assessment Engineering $22,745 $22,745 Contract Inspection $74,000 $74,000 Disclosure Counsel $30,000 $30,000 City Administration $46,000 $46,000 Financial Advisor $15,000 $15,000 Filing Fees $3,000 $3,000 Bond Counsel $27,000 $27,000 Paying Agent $3,000 $3,000 Financial Printing, Registration, and Servicing $18,000 $18,000 Continuing Disclosure $3,000 $3,000 Incidental Contingencies - $23,875 $23,875 Total Incidental Expenses: $265,620 $265,620 Total Construction & Incidental Expenses: $4,411,877 $4,411,877 FINANCING COSTS Underwriter's Discount 1.100/. $52,240 $52,240 Bond Reserve /Credit Enhancement 6.000/- $284,944 $284,944 Total Financial Costs: $337,183 $337,183 TOTAL AMOUNT OF ASSESSMENT: $4,749,060 $4,749,060 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 -,x-: Assessment Engineer Ken Steele, P.E. MuniFinancial Exhibit C - Page 1 City of Newport Beach Assessment 1 Number 048 -031 -10 Assessed $2,294,373 Total $13,799 166:1 2 048-031 -12 $1,510,761 $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 $2,222421 $13799 161:1 8 048- 031 -24 $1,758 809 $23,526 75:1 9 048- 031 -26 $458628 $13799 33:1 10 048- 031 -28 $3197657 $13799 232:1 11 046-031 -34 $1,260,653 $12,781 99:1 12 046-031 -36 $6,118554 $20,358 301:1 13 048-031 -38 $2,443,225 $19,634 124:1 14 048- 031-40 $274407 $16,673 16:1 15 048- 032 -02 $80,313 $17,457 511 16 048- 032 -03 $161,194 $18,154 9:1 17 048- 032 -04 $52,047 $13,799 4:1 18 048- 032 -05 $482,079 $13,799 35:1 19 048 - 032 -06 $1,628954 $13799 118:1 20 048 - 032 -07 $70,769 $16673 4:1 21 048- 032 -08 $463,960 $13,799 34: 1 22 048- 032 -09 $75,308 $16,673 5:1 23 048 - 032 -10 $292142 $16673 18:1 24 048- 032 -11 $71,455 $17,196 4:1 25 048- 032 -12 $36,958 $13,799 3:1 26 048 -032 -13 $520,289 $14,817 35:1 27 046 -032 -14 $1,064 $0 NA 28 048 -051 -01 $1,333,826 $12781 104:1 29 048 -051 -02 $147,944 $12.781 12: 1 30 048 -051 -23 $659,420 $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 $674,681 $12,781 53:1 34 048-051 -27 $553,002 $12,781 43:1 35 048-051 -28 $299,225 $12,781 23:1 36 048-051 -29 $859,409 $12.781 67:1 37 048 -051 -31 $105533 $12,781 8:1 38 048 -051 -32 $689413 $12,781 54:1 39 048-051 -33 $1085,524 $12781 85:1 40 048 -052 -04 $886,754 $13,799 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 $15,193 4:1 46 048 - 052 -10 $116,838 $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-toLien 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 -36 $282,959 $13,799 21:1 52 048 - 061 -01 $811,790 $18,006 45:1 53 048 - 061 -03 $200,553 $16,526 12:1 54 048- 061 -04 $95,260 $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 $16526 4:1 B8 048- 061 -08 $90654 $16,526 5:1 59 048 -061 -09 $1,810,500 $18526 110:1 60 048 -061 -10 $59687 $18526 4:1 61 048 -061 -11 $297,471 $16,526 18:1 62 048- 061 -12 $762,518 $15,307 50:1 63 048. 061 -13 $358,095 $14,000 26: 1 64 048- 061 -14 $82,678 $12,781 6:1 5 048 - 061 -15 $620,829 $13,799 45: 1 66- 048- 061 -16 $410,701 $13799 30:1 67 048 - 061 -17 $141,664 $12,781 11: 1 68 048 - 061 -18 $1,048.961 $16,526 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 $919394 $18154 51:1 72 04 &062 -03 $354,937 $13,799 26:1 73 04 &062 -04 $219,489 $13,799 16:1 74 04 8-062 -05 $547,753 $14,817 37:1 75 048 -062 -06 $116,824 $13 799 8 : 1 76 048- 062 -07 $606,451 $13,799 44,1 77, .. 048 -062 -08 $68,607 $13,799 5:1 78 :- 048 -062 -09 $952,162 $13,799 69:1 79 048-062 -10 $590,462 $13,799 43:1 80 048 -062 -11 $259,984 $13,799 19:1 81 04 8-062 -12 $228,733 $13,799 17: 1 82 048- 062 -14 $665,223 $15,802 42: 1 83 048- 062 -15 $635,450 $13,799 46:1 84 048 - 062 -16 $285,729 $14,817 19:1 85 048- 062 -17 $214,877 $13,565 16:1 86 04 8-062 -18 $511,078 $13,042 39:1 87 04 8-062 -19 $83,156 $13,799 6:1 88 048-062 -20 $616,179 $13,799 45:1 89 04 8-062 -21 $1,196,460 $13799 87:1 90 04 8-062 -22 $61,576 $13,799 4,1 91 04 8-062 -23 $1,550,000 $13799 112:1 92 04 8-062 -24 $884,316 $13,799 64:1 93 048 -062 -25 $687,996 $13,799 50:1 94 048 -062 -26 $1,144,440 $13,799 83:1 MuniFinaneial Exhibit C - Page 3 City of Newport Beach Assessment Number 95 APN 048- 062 -27 Assessed Total Value Assessment $75,983 $13,799 Value-to-Lien 6:1 96 048- 062 -28 $1,229,027 $13,799 89:1 97 048- 062 -29 $63,753 $13,799 5:1 98 048- 062 -30 $739,690 $13,799 54:1 99 048 - 062 -31 $206,492 $13,799 15:1 100 048 - 062 -32 $59,546 $13,799 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 $14,817 45:1 104 048-072 -04 $432,379 $14,817 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 $290,943 $14,817 20: 1 108 048- 072 -08 $560192 $14,817 38:1 109 048- 072 -09 $188,939 $14,817 13:1 110 048- 072.10 $683,250 $14,817 46:1 111 048- 072 -13 $157,204 $14,235 11:1 112 048 - 072 -14 $540,508 $13,799 39:1 113 048- 072 -15 $65,364 $13,799 5: 1 114 046 -072 -16 $1,071000 $13,799 78:1 115 048 -072 -17 $453,691 $13,799 33:1 116 048-072 -18 $315,888 $13,799 23:1 117 0484172 -19 $58,402 $13,799 4:1 118 048- 072 -20 $350,166 $13799 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 $148608 7:1 122 048- 072 -25 $783,738 $13,799 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 $539,175 $15,514 35:1 126 048 -091 -02 $186,577 $15,688 12:1 127 048 -091 -03 $78789 $16,037 5:1 128 048 -091-04 $68851 $16,037 4:1 129 048 -091 -05 $77,671 $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 $16,037 32:1 134 048- 091 -10 $601860 $16037 38:1 135 048- 091 -12 $817948 $15,018 54:1 136 046- 091 -14 $1008,147 $15,018 67:1 137 048- 091 -15 $955,087 $15018 64:1 138 048- 091 -16 $329,219 $15,018 22:1 139 048- 091 -17 $771,847 $15,018 51:1 140 048. 091 -19 $587,933 $15,018 39:1 141 048 -091 -20 $497,235 $15,018 33:1 MuniFinaneial Exhibit C - Page 4 City of Newport Beach M Assessment Number 142 APN 048-091 -21 Assessed Value $1,507,674 Total Assessment $15,018 Value-to-Lien 100:1 143 048- 091 -22 $1,507,674 $15,016 100:1 144 048- 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 7:1 147 046-092 -03 $119,264 $16,037 7:1 148 046- 092 -04 $62521 $16037 4:1 149 046 -092 -05 $340,443 $16,037 21:1 150 046- 092-06 $59,888 $16037 4:1 151 046- 092.07 $394,865 $18037 25:1 152 048- 092 -08 $171,272 $26052 7:1 153 048 -092 -11 $105,666 $15018 7:1 154 048 -092 -12 $124,612 $26,052 5 : 1 155 046 -092 -14 $318,613 $15,018 21 : 1 156 048-092 -15 $79,092 $15,018 5:1 157 048- 092 -17 $111,214 $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 $16,673 51:1 161 048- 092 -21 $148,342 $14,523 10:1 162 048 -092 -23 $94,919 $13,391 7:1 163 048- 092 -24 $401,513 $16,178 25: 1 164 046- 092 -25 $1,162,022 $15,018 77:1 165 048-092 -26 $451,743 $15,018 30:1 166 046- 092 -27 $629,827 $15,018 42:1 167 04 8-092 -28 $339,772 $15,018 23:1 ' 168 048 -101 -02 $1,743,621 $14,060 124:1 169 04 &101 -04 $1252,199 $15132 83:1 170 048- 101 -06 $144,559 $14,409 1011 171 048- 101.07 $84,699 $14,409 6'1 172 048- 101 -08 $273,516 $14,409 19:1 173 046 - 101 -09 $908,055 $14,409 63:1 174 046- 101 -10 $83,556 $14,409 6:1 175 048- 101.11 $803,178 $14,409 56:1 176 048 - 101 -12 $814,917 $14,409 57:1 177 048. 101 -13 $389,002 $14,409 27:1 178 048- 101 -14 $57,246 $14,409 4:1 179 048- 101 -15 $250,446 $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 $711545 $13799 52:1 183 048 - 101 -19 $555,882 $14,409 39: 1 184 046 - 102 -02 $4,500000 $16,325 276:1 185 046 -102 -04 $281,640 $14,087 20:1 186 046 -102 -06 $181,891 $14,262 13:1 187 048.102 -08 $1,383,985 $12,781 10811 188 048- 102 -10 $158,153 $13,799 11:1 MuniFinanciai Exhibit C - Page 5 City of Newport Beach Assessment Number 189 APN 048- 102 -11 Assessed Value $285,729 Total Assessment $13,799 21,1 190 048- 102 -12 $134,067 $13799 .10: 1 191 048- 102 -13 $65,972 $13 799 5 : 1 192 048- 102 -14 $719,627 $13 799 52:1 193 048- 102 -15 $60,089 $13,799 4:1 194 048- 102 -16 $458,874 $13,799 33:1 195 048- 102 -17 $67,457 $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 $13,799 135:1 199 048- 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 - 132:1 207 048- 102 -30 $912,012 $13,799 66:1 208 048- 102 -31 $1,167,328 $13,799 85:1 209 048- 102 -32 $93,092 $13799 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 $1,019,941 $13,799 74:1 214 048- 103 -02 $4,590,000 $18,502 248:1 215 048- 103 -04 $1,682,192 $17,283 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 $78758 $13,799 $: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 $57,584 $12 781 5: 1 225 048- 103-17 $309,866 $12,781 24:1 226 048 -10318 $545,365 $12,781 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 $1,524,529 $13,799 110:1 231 048- 103 -23 $596,535 $13,799 43:1 232 048- 103 -24 $392,884 $12781 31:1 233 048- 103 -26 $526,648 $12781 41 : 1 234 048- 103 -27 $568,948 $12 781 45:1 235 048- 103 -28 $149102 $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-Lien 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 $13799 240 048 -104 -07 $87,219 $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- 104 -13 $0 $0 NA 245 048- 111 -02 $164,405 $18,589 10:1 246 048 - 111 -03 $1,775,359 $18,502 96:1 247 048- 111 -04 $1,294,012 $18415 70:1 248 048- 111 -05 $145,343 $18328 8:1 249 048- 111 -06 $720,131 $18154 40:1 250 048- 111 -07 $157,945 $18066 9:1 251 048- 111 -10 $2,653,020 $17,718 150 :1 252 048 - 111 -12 $875,496 $13799 63:1 253 048- 111 -13 $58,743 $15,106 4: 1 254 048- 111 -14 $478,301 $14,583 33:1 255 048- 111 -15 $339,426 $14,757 23:1 256 048 - 111 -16 $58,403 $15,662 4:1 257 048- 111 -21 $215,700 $18,676 12:1 258 048 - 111 -22 $305,169 $34,961 9:1 259 048- 111 -25 $0 $0 NA 260 048 - 111 -26 $729,981 $14,060 52:1 261 048- 111 -27 $1,056,100 $14,148 75:1 262 048- 111 -28 $684,524 $13,886 49:1 263 048- 111 -29 $2,621,473 $17,805 147:1 264 048- 111 -31 $2,702,550 $17,892 151: 1 265 048- 111 -32 $2,529,586 $17,979 141:1 266 048- 113-01 $659,989 $14817 45:1 267 048- 113-02 $55,695 $14,060 4:1 268 048- 113 -03 $1,264,800 $14,060 90:1 269 048- 113 -04 $82,834 $14,060 8:1 270 048 - 113 -13 $0 $0 NA 271 048 - 114 -01 $704,995 $34,760 20: 1 272 046 -114 -02 $61241 $14670 4:1 273 048 -114 -03 $307,989 $14,670 21:1 274 048 -114 -04 $344,080 $14,670 23:1 275 048- 114 -05 $1,300,500 $14,670 89:1 276 048 -114-06 $61,448 $14,670 4:1 277 048 - 114 -09 $1,529,388 $14,409 106:1 278 048 - 114 -10 $1,167,328 $15,193 77: 1 279 048 - 114 -11 $1,350,000 $15,976 84:1 280 048 - 114 -12 $626,858 $16,760 37:1 281 048- 114 -15 $923,484 $19,547 47: 1 282 048- 114 -16 $0 $0 NA MuniFinancial Exhibit C - Page 7 City of Newport Beach Assessment Number 263 APN 932- 940 -01 Assessed Value $349,380 Total Assessment $4,747 74: 284 932 - 940 -02 $619,318 $4,747 130:1 285 932- 940 -03 $226,438 $4,747 48:1 286 932- 940 -04 $587,826 $4,747 124 :1 287 932- 940 -05 $673,138 $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 $822436 $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 $442,857 $4,747 93:1 308 932 - 940-26 $745,738 $4,747 157:1 309 932 - 940-27 $192345 $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 $122,509 $4 747 26: 1 315 932 - 940-33 $133,672 $4,747 28:1 316 932- 940 -34 $429,884 $4,747 9111 317 932- 940 -35 $221,385 $4,747 47:1 318 932 - 940 -36 $452,899 $4,747 95:1 319 932- 940 -37 $1,042,646 $4,747 220:1 320 932 - 940 -38 $864,814 $4,747 182 :1 321 932- 940 -39 $124,536 $4,747 26: 1 322 932 - 940-40 $98,845 $4 747 21 : 1 323 932 - 940-41 $288,354 $4,747 61:1 324 932- 940-42 $122,648 $4,747 26:1 325 932 - 940-43 $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 - 940-46 $202,176 $4,747 43:1 329 932 - 940-47 $1,350,000 $4,747 284:1 MuniFinancial Exhibit C - Page 8 City of Newport Beach Assessment Assessed Number APN Value 330 932 - 940-48 $395,778 Tolal Assessment Value-to-Lien $4,747 83:1 331 - 932 -940 -49 $357,541 $4,747 T5:1 332 932- 940 -62 $1260,000 $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 $456,586 $6,712 68:1 336 932- 940 -66 $549,072 $6,712 62:1 337 932- 940 -67 $376,553 $6,712 56:1 338 932- 940 -68 $448,211 $Q712 67:1 339 932- 940-69 $345,239 $6,712 51: 1 340 932 - 940 -70 $407,249 $6 712 61: 1 341 936 -520 -01 $223,335 $7087 32:1 342 936 - 520 -02 $787,000 $7 087 111: 1 343 936 - 520 -03 $215,045 $7,087 30:1 344 936 - 520 -04 $327,047 $7,087 46:1 345 936- 520 -05 $305,101 $7,087 43: 1 346 936 - 520 -06 $266,833 $7.087 38. 1 347 936 - 520 -07 $454,026 $7,087 64: 1 348 936 - 520 -08 $322,701 $7,087 46:1 349 936- 520 -14 $325,574 $8,030 41: 1 350 936 - 520 -15 $284,839 $8,030 35:1 351 936 - 520 -16 $420,057 $8,030 52: 1 352 936 - 520 -17 $257,006 $8,030 32: 1 353 936 - 520 -18 $823,476 $8,030 103:1 354 936- 520 -19 $291,334 $8,030 36:1 355 936 - 520 -20 $780,300 $8,030 97:1 356 936- 520 -21 $106,152 $8,030 1311 357 936 - 520 -22 $795,906 $8030 99:1 358 936 - 520 -23 $497,268 $8,030 62:1 359 936 - 520 -34 $458874 $11,685 39:1 360 936 - 520-35 $458,874 $11,685 39:1 $214,751,100 $4749,060 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 BACKGROUND 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. If 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 W&danfMurdfinancial 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. MuniFloancial 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 tots 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 undergrouriding 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 lines 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 live electric lines 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 tines, 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 ofall other properties within the District. The method of apportionment established for most districts formed under the Municipal Improvement Act of 1913 imhzes 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% 315$3020 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. Condominium complexes, multi-faro ly 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.pgrcels 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 1.001ner 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 (e clusive of condominiums) Parcel's Frontage Adjacent to Overhead Facilities Benefit EBU 0 Linear 1.0 EBU Feet < 60 Linear 1.25 EBU Feet 60 Linear 1.50 EBU Feet Condominiums and Non - Residential Pronerd Les 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, uath a lot size equal to or less than 2,100 square feet, axe 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 S9ft 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 <_ 2,100 sqft > 2,100 Parcel's Saft 2,100 Aesthetics _ Parcel's EBU EBU Aesthetics _ Parcel's x EBU EBU MuniFinancial Exhibit D - Page 5 City of Newport Beach EXCEPTIONS, CREDITS AND SPECIAL CASES Parcels 049-051-19,049-051-20,048-051-21, 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,Femando 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 �� 7 7"""' Assessment Engineer Ken Steele, P.E. MuniFinancial Exhibit E - Page 1 City of Newport Beach Assessment 1 Number 048- 031 -10 Situs 314 BUENA VISTA BLVD Frontage Adjacent to Lot 30.00 2,100 Safety 1.25 Safety Reliability Reliability $5,091 1.00 $4,354 Aesthetics 1.00 Aesthetics $4,354 Total $13 799 2 048- 031 -12 316 BUENA VISTA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13799 3 048 - 031 -14 318 BUENA VISTA BLVD 43.00 2,555 1.25 $5,091 1.22 5,312 122 5,312 $15,715 4 048- 031 -16 320 BUENA VISTA BLVD 43.00 2,549 1.25 $5,091 1.21 5-269 1.21 5,269 $15,628 5 048 - 031 -18 322 BUENA VISTA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1,00 4 354 $13,799 6 048- 031.20 324 BUENA VISTA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 7 048- 031 -22 326 BUENA VISTA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 8 048. 031 -24 328 BUENA VISTA BLVD 60.00 4,200 1.50 $6,109 2.00 81709 2.00 8,709 $23,526 9 048- 031 -26 332 BUENA VISTA BLVD 30.00 2100 1.25 $5091 1.00 4,354 1.00 4,354 $13799 10 048A31 -28 334 BUENA VISTA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 11 048 -031 -34 342 BUENA VISTA BLVD 0.00 2.100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 12 048 - 031 -36 350 BUENA VISTA BLVD 0.00 3,935 1.00 $4,072 1.87 8,143 1.87 8,143 $20358 13 048- 031 -38 336 BUENA VISTA BLVD 50.00 3,500 1.25 $5,091 1.67 7,272 1.67 7,272 $19,634 14 048- 031 -40 338 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 UNDO AVE 42.70 2,989 1.25 $5,091 1.42 6,183 1.42 6,183 $17,457 16 048 - 032 -03 305 UNDOAVE 45.00 3150 1.25 $5,091 1.50 6,532 1.50 6,532 $18,154 17 048 -032 -04 307 UNDO AVE 16.00 1,582 1.25 $5091 1.00 4,354 1.00 4,354 $13,799 18 048- 032 -05 309 LINDO AVE 18.00 1,673 1.25 $5,091 1.00 4,354 1.00 4.354 $13,799 19 048 -032 -06 311 LINDOAVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 20 048 -032 -07 313 UNDO AVE 40.00 2800 1.25 $5091 1.33 ,791 1.33 5,791 $16,673 21 048 -032 -08 315 LINDOAVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4.354 $13799 22 048 -032 -09 321 UNDO AVE 40.00 2,800 1.25 $5,091 1.33 5 791 1.33 5,791 $16,673 23 048- 032 -10 325 UNDO AVE 40.00 2,800 1.25 $5,091 1.33 5 791 1.33 5,791 $16,673 24 048 -032 -11 329 LINDOAVE 32.00 2,911 1.25 $5,091 1.39 6,053 1.39 6053 $17,196 25 048-032 -12 331 UNDO AVE 20.00 1,093 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 26 048- 032 -13 335 LINDOAVE 61.00 1,865 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 27 048- 032 -14 300 UNDO AVE EX 0 EX EX EX EX EX EX EX 28 048 -051 -01 109 EDGEWATERAVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 29 048 -051 -02 107 EDGEWATER AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 30 048 - 051 -23 311 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 31 048- 051 -24 313 ANADEAVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 MuniFinancial Exhibit E - Page 2 City of Newport Beach Assessment Number 32 APN 048 -051 -25 Situs Number 315 Situs Street ANADE AVE Frontage Adjacent to Facilities 0100 Lot SqFt 2,100 Safety Safety EBU Assessment 1.00 $4,072 Reliability ESU 1.00 Reliability Assessment 4,354 A"thetics rEIU 1.00 Aesthetics Total Assessment Assessment 4,354 $12 781 33 048- 051 -26 317 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 34 048- 051 -27 319 ANADE AVE 0,00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 35 048 -051 -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 $4,072 1.00 4,354 1.00 4,354 $12,781 37 048- 051 -31 329 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 38 048 -051 -32 327 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4.354 $12,781 39 048- 051 -33 325 ANADE AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 40 048- 052 -04 332 LINDOAVE 1.00 2,100 1.25 $5,091 1.00 4,354 1.00 4354 $13,799 41 048 - 052 -05 330 UNDO AVE 60 -00 4,200 1 -50 $6,109 2.00 8,709 2.00 8,709 $23,526 42 046 -052 -06 326 UNDO AVE 30.00 2,100 1.25 $5,091 1.00 4354 1.00 4,354 $13799 43 048 -052 -07 324 UNDO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 44 048 - 052 -08 322 LINDO AVE 30.00 2 100 125 $5,091 1.00 4,354 1.00 4,354 $13,799 45 048- 052 -09 320 UNDO AVE 28.40 2,442 1.25 $5091 1.16 5,051 1.16 5.051 $15193 46 048 -052 -10 318 UNDO AVE 30.00 2,959 1.25 $5,091 1.41 6140 1.41 6,140 $17,370 47 048- 052 -11 316 UNDO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 48 048- 052 -12 314 UNDO AVE 30.00 2,100 1 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 49 048- 052 -13 312 UNDO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4 354 $13,799 50 048 -052 -35 306 LINDO AVE 43.50 1,760 1.25 $5,091 1.00 4,354 1.00 4354 $13,799 51 048- 052 -36 310 UNDO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4 354 $13,799 52 048 - 061 -01 129 EDGEWATER AVE 0.00 3369 1.00 $4072 1.60 6,967 1.60 6,967 $18006 53 048 - 061 -03 328 MONTEROAVE 0.00 3,000 1.00 1.43 6227 1.43 6,227 $16,526 54 048 - 061 -04 326 MONTERO AVE 0.00 3,000 1.00 1.43 6,227 1.43 fi227 $16,526 55 048 -061 -05 324 MONTERO AVE 0.00 3,000 1.00 1.43 6,227 1.43 6,227 $16,526 56 048 -061 -06 322 MONTERO AVE 0.00 3,000 1.00 1.43 6227 1.43 6,227 $16,526 57 048- 061 -07 320 MONTERO AVE 0.00 3,000 1.00 K$4,072 1.43 6,227 1.43 6.227 $16526 58 048- 061 -08 318 MONTERO AVE 0.00 3000 1.00 1.43 6,227 1.43 6.227 $16,526 59 048- 061 -09 316 MONTERO AVE 0.00 3,000 1.00 1.43 5,227 1.43 6,227 $16,526 60 048 -061 -10 314 MONTERO AVE 0.00 3,000 1.00 1.43 6,227 1.43 6,227 $16,526 61 048- 061 -11 312 MONTERO AVE 0.00 3,000 1.00 $4,072 1.43 6,227 1.43 6,227 $16,526 62 048- 061 -12 307 MEDINAWAY 0.00 2,700 1.00 $4,072 1.29 5,617 1.29 5,617 $15,307 63 048 - 061 -13 124 E BAY AVE 0.00 2,402 1.00 $4,072 1.14 4,964 1.14 4 964 $14,000 64 048 -061 -14 122 EBAY AVE 0.00 1,878 1.00 $4,072 1.00 4,354 1,00 4,354 $12781 65 048 -061 -15 120 EBAY AVE 1.00 1,944 1.25 $5,091 i 1.00 4,354 1.00 4,354 $13,799 MuniFinancial Exhibit E - Page 3 City of Newport Beach Assessment Number 66 APN 048- 061 -16 Situs Number 308 Situs Street MONTERO AVE Frontage Adjacent to Facilities 1.00 Lot SqFt 1,650 Safety EBU 125 Safety Assessment $5,091 Reliability EBU 1.00 Reliability Assessment 4,354 Aesthetics EBU 1.00 Aesthetics Assessment 4,354 Total Assessment $13,799 OM 67 048 -061 -17 310 MONTERO AVE 0.00 1,650 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 68 048 - 061.18 330 MONTERO AVE 0.00 3,000 1.00 $4,072 1.43 6,227 1.43 6,227 $16,526 69 048 -061 -19 123 EDGEWATER AVE 0.00 4,512 1.00 $4,072 2.15 9,362 2.15 9,362 $22,796 70 .048- 062 -01 121 EDGEWATER AVE 0.00 3,150 1.00 $4,072 1.50 6532 1.50 6,532 $17,135 71 048 - 062 -02 115 EDGEWATER AVE 1.00 3,150. 1.25 $5,091 1.50 6,532 1.50 6,532 $18,154 72 048 -062 -03 113 EDGEWATER AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 73 048- 062 -04 111 EDGEWATER AVE 40.00 2,100 1.25 $5,00 1.00 4,354 1.00 4,354 $13,799 74 048 - 062 -05 326 ANADE AVE 90.00 2,100 1.50 $6,109 1.00 4354 1.00 4,354 $14,817 75 048 -062 -06 324 ANADE AVE 30.00 2,100 1.25 $5,091 1.00 4,364 1.00 4,354 $13,799 76 048 -062 -07 322 ANADE AVE 30.00 2,100 1.25 $5091 1.00 4.351 1.00 4,354 $13,799 77 048 -062 -08 320 ANADE AVE 39.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,394 $13,799 78 048 - 062 -09 318 ANADE AVE - 30.00 2,100 1.25 $5,091 1.00 4,354. 1.00 4 54 $13,799 79 048 - 062 -10 316 ANADE AVE 30,00 2,100 1.25 $5,091 1.00 4,354 1.00 4,954 $13799 80 048 -062 -11 314 ANADE AVE 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13,799 81 048 -062 -12 312 ANADE AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 82 048 - 062 -14 306 ANADE AVE 37.00 2,59, 1.25 $5,091 1.23 5,356 1.23 5,356 $15,802 83 048. 062 -15 304 ANADE AVE 30.00 2,100 1.25 $5,091 1,00 4,354 1.00 4,354 $13799 84 048 - 062 -16 110 E BAY AVE 60.90 1.789 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 85 048 - 062 -17 112 EBAY AVE 0.00 2,280 1.00 $4072 1.09 4,746 1.09 4,746 $13,565 86 048 - 062 -18 114 E BAY AVE 0.00 2,165 1.00 14,072 1.03 4,485 1.03 4,485 $13,042 87 048 -062 -19 118 E BAY AVE 24.90 2,067 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 88 048 - 062 -20 305 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,364 1.00. 4,354 $13,799 89 048- 062 -21 307 MONTERO AVE 30.00 2,100 1.25 $5091 1.00 4,354 1.00 4,354 $13799 90 048- 062 -22 309 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,364 $13,799 91 048 - 062 -23 311 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,364 $13,799 92 048 - 062 -24 313 MONTERO AVE 30.00 2,100 1.25 $5091 1.00 4,364 1.00 4,354 $13799 93 046 -062 -25 315 MONTERO AVE 30.00 2100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 94 048- 062 -26 317 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 95 048- 062 -27 319 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 96 048- D62 -28 321 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13 799 97 048- 062 -29 323 MONTERO AVE 30.00 2100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 98 048-062 -30 325 MONTERO AVE 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 99 048 - 062 -31 327 MONTERO AVE 1.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 MuniFinanciai Exhibit E - Page 4 City of Newport Beach Assessment Number 100 APN 048- 062 -32 siturs Number 310 Situs Street ANADE AVE Frontage Adjacent to Facilities 30.00 Lot SqFt 2,100 Safety Safety Reliability Reliability EBU Assessment EBU Assessment 1.25 $5,091 1.00 4,354 Aesthetics EBU 1.00 Aesthetics Assessment 4,354 Total Assessment $13,799 101 048-062 -33 308 ANADEAVE 23.00 1.610 1.25 $5,091 1.00 4,354 1.00 4,354 $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 $14,817 103 048- 072 -03 111 E BAY AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 104 048 -072 -04 113 EBAY AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 105 048 - 072 -05 115 E BAY AVE 60.00 2,100 1.50 $6,109 1.00 4.354 1.00 4 354 $14,817 106 048 - 072 -06 117 EBAY AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 107 048-072 -07 119 EBAY AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 908 048 - 072 -08 121 EBAY AVE 60.00 2100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 109 048 -072 -09 123 E BAY AVE 60.00 2,100 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 110 048 - 072 -10 125 EBAY AVE 53.00 1,802 1.50 $6,109 1.00 4,354 1.00 4,354 $14817 111 048 - 072 -13 132 E BALBOA BLVD 44.00 2,198 1.25 $5.091 1.05 4,572 1.05 4,572 $14,235 112 048 -072 -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 -072 -15 128 E BALBOA BLVD 30.00 2,100 1.25 $5091 1.00 4,354 1.00 4 354 $13,799 114 048-072 -16 126 E BALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 115 048 - 072 -17 124 E BALBOA BLVD 30.00 2.100 1.25 $5.091 1.00 4,354 1.00 4.354 $13,799 116 048 -072 -18 122 EBALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 117 048 -072 -19 120 E BALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 118 048 - 072 -20 118 E BALBOA BLVD 30.00 2.100 1.25 $5,091 1.00 4,354 1.00 41354 $13.799 119 048 - 072 -22 127 E BAY AVE 73.00 2,607 1.50 $6.109 1.24 5,399 1.24 5 399 $16,907 120 048 - 072 -23 129 EBAY AVE 82.60 2,519 1.50 $6109 1.20 5,225 120 5,225 $16559 121 048 -072 -24 110 E BALBOA BLVD 160.00 23,300 13.00 $52,942 11.10 48,333 11.10 48,333 $149,608 122 048 -072 -25 112 EBALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13799 123 048 - 072 -26 114 E BALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4.354 1.00 4,354 $13,799 124 048- 072 -27 116 EBALBOA BLVD 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 125 048- 091 -01 201 E BAY AVE 60.00 2,269 1.50 $6,109 1.08 4,703 1.08 4,703 $15,514 126 048 -091 -02 203 EBAY AVE 60.00 2,305 1.50 $6.109 1.10 4,790 1.10 4,790 $15,688 127 048 - 091 -03 205 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 128 048 - 091 -04 207 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16.037 129 048 - 091 -05 209 EBAY AVE 60.00 2.400 1.50 $6,109 1.14 4,964 .jp 1.14 4,964 $16037 130 048- 091.06 211 E BAY AVE 60.00 2,400 1.50 $6,109 1.14 4,9&4 1.14 4,964 $16 037 131 048 - 091 -07 213 E BAY AVE 60.00 2,400 1.50. $6,109 1.14 4.964 1.14 4,964 $16,037 132 048-091 -08 215 EBAY AVE 60.00 2,400, 1.50 $6.109 1.14 4.964 1.14 4,964 $16,037 133 046- 091 -09 217 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,464 $16,037 MuniFinancial Exhibit E - Page 5 City of Newport Beach Assessment Number 134 APN 048- 091 -10 Situs Number 219 Situs Street EBAYAVE Frontage Adjacent to Facilities 60.00 Lot SqFt 2,400 Safety Safety Reliability Reliability EBU Assessment ESU Assessment 1.50 $6,109 1.14 4,964 Aesthetics Aesthetics EBU Assessment 1.14 4,964 Total Assessment $18037 135 048-091 -12 212 EBALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,954 1.14 4,964 $15,018 136 048 - 091 -14 204 E BAL80A BLVD 30.00 2,400 1.25 $5,091 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 4964 1.14 4,964 $15,018 138 046 -091 -16 200 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15,018 139 048-091 -17 214 E BALBOA BLVD -' .30.00 2.400 1.25 $5 091 ' 1.14 4,964 1.14 4,964 $15,018 140 048-091 -19 218 E BALBOA BLVD 30.00 2,400 1.25 $5091 1.14 4,964 - 1.14 4,984 $15.018 141 048- 091 -20 216 EBALBOA BLVD :::30.002,4400 1.25 $5,091" 1.14 4,964 1.14 4964 $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 $5,091 1.14 41964 1.14 4,964 $15018 144 048 -091 -23 210 E BALBOA BLVD 30.00 2,400 1.25 $5.091 1.14 4,964 1.14 4,964 $15,018 145 04 &092 -01 301 E BAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 146 048 -092 -02 303 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4964 1.14 4.964 $16,037 147 048 -092 -03 305 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 148 048- 092 -04 307 EBAY AVE 60,00 2,490 1.50 $6109 1.14 4,964 1.14 4964 $16,037 149 046 -092 -05 309 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16.037 150 048 -092 -06 311 EBAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 151 048-092 -07 313 E BAY AVE 60.00 2,400 1.50 $6,109 1.14 4,964 1.14 4,964 $16,037 152 048 - 092 -08 315 E BAY AVE 160.00 4,800 1.50 $6,109 2.29 9,971 2.29 9,971 $26,052 153 048 - 092 -11 320 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15018 154 1 048 -092 -12 310 E BALBOA BLVD 60.00 4,800 1.50 $6,109 2.29 9,971 2.29 9,971 $26,052 155 048 -092 -14 302 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15,018 156 046 -092 -15 300 E BALBOA BLVD 30.00 2,400 1.25 1.50 $5,091 $6,109 1.14 4 964 1.43 6,227 1.14 1.43 4,964 6.227 $15,018 $18,562 157 048- 092 -17 401 EBAY AVE 118.00 2.997 158 048-092 -18 331 EBAY AVE 43.00 2,813 1.25 $5,091 1.34 5,835 1.34 5,835 $16,760 159 048 -092 -19 211 CYPRESS AVE 31.30 3.076 1.25 $5.091 1.46 6,357 1.46 6,357 $17.805 160 048 - 092 -20 209 CYPRESS AVE 15.65 2,796 1.25 $5,091 1.33 5,791 1.33 5,791 $18673 161 048- 092 -21 207 CYPRESSAVE 0.00 2,517 1.00 $4,072 1.20 5,225 1.20 5,225 $14,523 162 048 -092 -23 205 CYPRESSAVE 0.00 2,238 1.00 $4,072 1.07 4659 1.07 4,659 $13,391 163 048 -092 -24 330 E BALBOA BLVD 0.00 2,917 1.00 $4,072 1.39 6,053 1.39 6.053 $16,178 164 048 -092 -25 306 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964 1.14 4.964 $15,016 165 048 -092 -26 304 E BALBOA BLVD 30.00 2,400 1.25 $5,091 1.14 4,964L 1.14 4,964 $15,018 166 048 -092 -27 328 E BALBOA BLVD 25.00 2,400 1.25 $5,091 1.14 4,964 1.14 4,964 $15,018 167 048- 092 -28 324 E BALBOA BLVD 30.00 2,400 1.25 $5 091 1.14 4,964 1.14 4,964 $15,018 MuniFinancial Exhibit E - Page 6 City of Newport Beach Assessment Number 168 APN 048 -101 -02 Situs Number 201 Situs Street EDGEWATER AVE Frontage Adjacentto Facilities .1.00 Lot SqFt 2,155 Safety EBU 1.25 Safety Assessment $5,091 Reliability EBU 1.03 Reliability Assessment 4,485 Aesthetics EBU 1.03 Aesthetics Assessment 4,485 Total Assessment 1 $14060 169 048 -101 -04 205 EDGEWATER AVE 0.00 2,675 1.00 $4,072 1.27 5,530 1.27 5,530 $15132 170 048 - 101 -06 325 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14,409 171 048- 101 -07 323 ALVARADO PL 30.00 2,250 1.25 $5091 1.07 4,659 1.07 4,659 $14,409 172 048 -101 -08 321 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14,409 173 048 - 101 -09 319 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14409 174 048 - 101 -10 317 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14 409 175 048 - 101 -11 315 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14,409 176 048 - 101 -12 313 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4 659 1.07 4,659 $14,409 177 048 - 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 -14 309 ALVARADO PL 31.00 2,250 1.25 $5,091 1.07 4,659 1.07 4,659 $14,409 179 048 - 101 -15 307 ALVARADO PL 32.50 2,432 1.25 $5,091 1.16 5,051 1.16 5,051 $15193 180 048 - 101 -16 305 ALVARADO PL 42.50 3,180 1.25 $5,091 1.51 6,575 1.51 6,575 $18,241 181 048- 101 -17 301 ALVARADO PL 1.00 2,840 1.25 $5,091 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 $13799 183 048 - 101 -19 327 ALVARADO PL 30.00 2,250 1.25 $5,091 1.07 4659 1.07 4,659 $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 $16,325 185 048 -102 -04 209 EDGEWATER AVE 0.00 2,420 1.00 $4072 1.15 5,007 1.15 5,007 $14,087 186 048 - 102 -06 211 EDGEWATER AVE 0.00 2,449 1.00 $4,072 1.17 5,095 1.17 5,095 $14,262 187 048 - 102 -08 215 EDGEWATER AVE 0.00 1,780 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 188 048- 102 -10 217 EDGEWATER AVE 1.00 1,484 1.25 $5,091 1.00 4,354 1.00 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 $13,799 190 048- 102 -12 323 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 191 048 - 102 -13 321 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 192 048 - 102 -14 319 CORONADO ST 30.00 2,100 1.25 $5091 1.00 4,354 1 -00 4,354 $13,799 193 048- 102 -15 317 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 194 048 - 102 -16 315 CORONADO ST 30.00 2,100 125 $5091 1.00 4,354 1.00 4,354 $13,799 195 048- 102 -17 313 CORONADO ST 30.00 2,100 1.25 $5091 1.00 4,354 1.00 4,354 $13,799 196 048 - 102 -18 311 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354, $13,799 197 048- 102.19 309 CORONADO ST 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 198 048- 102 -20 307 CORONADO ST 25.00 1,750 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 199 048 - 102 -21 216 EBAVAVE 35.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 200 048 - 102 -22 212 E SAY AVE 0.00 2,100 1.00 $4072 1.00 4,354 1.00 4,354 $12,781 201 048- 102 -23 210 E BAY AVE 0.00 2,450 1.00 $4,072 1.17 5,095 1.17 5,095 $14,262 MuniFinancial Exhibit E - Page 7 City of Newport Beach Assessment Number APN 202 048 - 102 -24 Situs Number Situs Street 208 E BAY AVE Frontage Adjacent to Facilities 0.00 Lot SqFt 2,100 Safety Safety Reliability Reliability EBU Assessment EBU Assessment 1.00 $4,072 1.00 4 354 Aesthetics EBU 1.00 Aesthetics Assessment 4 354 ratar Assessment $12,781 203 048- 102 -25 206 E BAY AVE 35.00 2.100 1.25 $5,091 1.00 4,354 1.00 4,354 $13 799 204 048- 102 -26 306 ALVARADO PL 25.00 1,750 1.25 $5,091 1.00 4.354 1.00 4,354 $13,799 205 048 - 102 -28 312 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4.354 $13,799 206 048 - 102 -29 314 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 207 048- 102 -30 316 ALVARADO PL 30.00 2,100 1.25 $5091 1.00 4,354 1.00 4,354 $13,799 208 048 - 102 -31 318 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 209 048- 102 -32 320 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13.799 210 048 - 102 -33 322 ALVARADO PL 30.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 211 048 - 102 -34 324 ALVARADO PL 25.00 1,750 1.25 $5,091 1.00 4.354 1.00 4,354 $13,799 212 048 - 102 -35 310 ALVARADO PL 30.00 2,100 115 $5,691 1.00 4 354 1.00 4,354 $13,799 213 048- 102 -36 308 ALVARADO PL 30.00 2,100 1.25 $5.091 1.00 4,354 1.00 4,354 $13,799 214 048- 103 -02 301 EDGEWATERAVE 30.00 3.241 1.25 $5091 1.54 6,706 1.54 6,706 $18,502 215 048 - 103 -04 303 EDGEWATERAVE A 30.00 2.946 1.25 $5091 1.40 6,096 1.40 6,096 $17283 216 048 - 103 -05 3D7 EDGEWATERAVE 35.00 3,063 1.25 $5091 1.46 6,367 1.46 6,357 $17,605 217 048 -103 -08 309 EDGEWATER AVE 30000 2,306 1.25 $5,091 1.10 4,790 1.10 4,790 $14,670 218 048 - 103 -10 311 EDGEWATERAVE 1.00 2,011 1.25 $5,091 1.00 4,354 1.00 4.354 $13,799 219 048 - 103 -11 319 FERNANDO ST 40.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,3M $13,799 220 048 - 103 -12 317 FERNANDO ST 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4 354 $12,781 221 048 - 103 -13 315 FERNANDO ST 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 222 048- 103 -14 313 FERNANDO ST 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4, $12,781 223 048- 103 -15 311 FERNANDO ST 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 224 048 - 103 -16 309 FERNANDO ST 0.00 2,100 1.00 $4,072 1.00 4 354 1.00 4,354 $12,781 225 048 - 103 -17 307 FERNANDO ST 0.00 1,750 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 226 048 - 103 -18 305 FERNANDO ST 0.00 2100 1.00 $4,072 1.00 4,354 1.00 4.354 $12,781 227 048- 103 -19 306 E BAY AVE 0.00 2,100 1.00 $4,072 1.00 4,354 1.00 4,354 $12 781 228 048 - 103 -20 _ 304 E BAY AVE 0.00 2,450 1.00 $4,072 1.17 5,095 1.17 5,095 $14,262 229 048 - 103 -21 302 EBAY AVE 1.00 2,100 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 230 048 - 103 -22 300 EBAY AVE 30.00 2,100 1.25 $5,091 1.00 4.354 1.00 4.354 $13,799 231 048 - 103 -23 306 CORONADO ST 30.00 1.25 $5,091 1.00 4,354 1.00 4,354 $13799 232 048. 103 -24 308 CORONADOST 0.00 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 233 048- 103 -26 314 CORONADO ST 0.00 J21 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 234 048- 103 -27 316 CORONADOST 0.00 1 .00 $4,072 1.00 4,354 1.00 4,354- $12781 235 048 - 103 -28 318 CORONADO ST 70.00 .50 $6,109 1.00 4,354 1.00 4.354 $14,817 MuniFinancial Exhibit E - Page 8 City of Newport Beach Assessment Number 236 APN 048 - 103 -29 Situs Number 312 Situs Street CORONADO ST Frontage Adjacent to Lot Facilities SqFt 0.00 2,100 Safety EBU 1.00 Safety Assessment $4,072 Reliability EBLI 1.00 Reliability Assessment 4,354 Aesthetics E13U 1.00 Aesthetics Assessment 4,354 Total Assessment $12,781 237 048 - 103 -30 310 CORONADO ST 0.00 2,100 1.00 $4 072 1.00 4,354 1.00 4,354 $12,781 238 048 -104-02 308 FERNANDO ST 30.00 2,368 1.25 $5,091 1.13 4,920 1.13 4,920 $14,931 239 048- 104 -03 306 FERNANDO ST 25.00 1,970 1.25 $5,091 1.00 4,364 1.00 4,354 $13,799 240 048 - 104 -07 310 EBAY AVE 70.00 1,750 1.50 $6,109 1.00 4,354 1.00 4,354 $14,817 241 048- 104 -09 EX 38,420 EX EX EX EX EX EX EX 242 048- 104 -10 312 EBAY AVE 0.00 1,750 1.00 $4,072 1.00 4,354 1.00 4,354 $12781 243 048 -10411 314 EBAY AVE 0.00 1,919 1.00 $4,072 1.00 4,354 1.00 4,354 $12,781 244 048 - 104 -13 EX 10,149 EX EX EX EX EX EX EX 245 048- 111 -02 409 EDGEWATERAVE 28.90 3,252 1.25 $5,091 1.55 6,749 1.55 6,749 $18589 246 048 -111-03 411 EDGEWATERAVE 28.90 3,228 1.25 $5,091 1.54 6,706 1.54 6,706 $18,502 247 048 - 111 -04 413 EDGEWATER AVE 28,90 3,205 1.25 $5,091 1.53 6,662 1.53 6,662 $18,415 248 048- 111 -05 415 EDGEWATERAVE 28.90 3,182 1.25 $5,091 1.52 6,619 1.52 6,619 $18328 249 048 - 111 -06 417 EDGEWATER AVE 28.90 3,159 1.25 $5,091 1.50 6,532 1.50 6,532 $18,154 250 048- 111 -07 419 EDGEWATERAVE 28.90 3,135 1.25 $5,091 1.49 6,488 1.49 6,488 $18.066 251 048- 111 -10 427 EDGEWATER PL 28.90 3,043 1.25 $5,091 1.45 6,314 1.45 6,314 $17,718 252 048- 111 -12 424 E BAY AVE 27.00 2,069 1.25 $5,091 1.00 4,354 1.00 4,354 $13,799 253 048 - 111 -13 422 EBAY AVE 30.80 2,410 1.25 $5091 1.15 5,007 1.15 5,607 $15106 254 048- 111.14 420 E BAY AVE 28.90 2,285 1.25 $5,091 1,09 4,746 1.09 4,746 $14.583 255 048- 111 -15 418 E BAY AVE 28.90 2,321 1.25 $5,091 1.11 4,833 1.11 4,833 $14,757 256 048- 111 -16 416 E BAY AVE 111.97 2,357 1.50 $6,109 1.12 4,877 1.12 4,677 $15,862 257 048 - 111 -21 407 EDGEWATER AVE 28.90 3,275 1.25 $5,091 1.56 6,793 1.56 6,793 $18,676 258 048 - 111.22 405 EDGEWATER AVE 43.00 7,203 1.25 $5,091 3.43 14,935 3.43 14,935 $34,961 259 048- 111 -25 EX 12,458 EX EX EX EX EX EX EX 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 $5091 1.04 4,529 1.04 4,529 $14,148 262 048- 111 -28 430 EBAY AVE 28.90 2,124 1.25 $5,091 1.01 4,398 1.01 4,398 $13,886 263 048- 111 -29 425 EDGEWATER PL 28.90 3,065 1.25 $5,091 1.46 6,357 1.46 6,357 $17,805 264 048- 111 -31 423 EDGEWATER PL 28.90 3,089 1.25 $5,091 1.47 6,401 1.47 6401 $17,892 265 048. 111 -32 421 EDGEWATER PL 28.90 3,113 1.25 $5,091 1.48 8444 1.48 6444 ,$17,979 266 048. 113 -01 413 EBAY AVE 94.31 1,989 1.50 $6,109 1,00 4,364 1.00 4,354 $14,817 267 048- 113.02 415 EBAY AVE 28.75 2,156 1.25 $5,091 1.03 4,485 1.03 4,465 $14,060 268 048 -113 -03 417 E BAY AVE 28.75 2,156 1.25 $5,091 1.03 4,485 1.03 4,485 $14,060 269 048 -113 -04 419 E BAY 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 of Newport Beach Assessment Number 270 APN 048- 113 -13 Situs Number situs street Adjacent to Facilities EX Lot SctFt 8,973 Safety Safety Reliability Reliability EBU Assessment EBU Assessment EX EX EX EX Aesthetics EBU EX Aesthetics Assessment EX Total Assessment EX 271 048 -114-01 409 HARDING ST 166.25 6,900 1.50 $6,109 3,29 14,326 3.29 14,326 $34,760 272 048- 114 -02 413 HARDING ST 28.75 2,300 1.25 $5,091 1.10 4,790 1.10 4,790 $14.670 273 048- 114 -03 415 HARDING ST 28.75 2,300 1.25 $5,091 1.10 4,790 1.10 4,790 $14,670 274 046- 114 -04 417 HARDING ST 2875 2,369 1.25 $5,091 1.10 4,790 1.10 4,790 $14,670 275 048 - 114 -05 419 HARDING ST 28.75 2,300 1.25 $5,091 1.10 4,790 1.10 4 790 $14,670 276 048 - 114 -06 421 HARDING ST 1.00 2,300 1.25 $5,091 1.10 4,790 1.10 4,799 $14,670 277 046- 114 -09 410 E BALBOA BLVD 28.75 2 244 1.25 $5,091 1.07 4,659 1.07 4,659 $14,409 278 048 - 114 -10 408 EBALBOA BLVD 28.75 2,435 1.25 $5,091 1.16 5,051 1.16 5.05i $15,193 279 048 - 11411 406 EBALBOA BLVD 28.75 2,624 125. $5,091 1.25 5,443 1.25 5,443 $15,976 280 048 - 114 -12 404 E BALBOA BLVD 28.75 2,814 1.25 $5,091 1.34 5 835 1.34 5,835 $16,760 281 048- 114 -15 418 E BALBOA BLVD 34.74 3,485 1.25 $5,091 1.66 7,228 1.66 7,228 $19,547 282 048 -114-16 'EX 3,528 EX EX EX EX' EX EX EX 283 932 - 940 -01 310 FERNANDO ST #100 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 284 932 - 940 -02 310 FERNANDO ST #101 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 285 932 -940-03 310 FERNANDO ST #102 1 404.58 38,420 0.37 $1,495 0.37 11626 0.37 1,626 _$4,747 286 932 - 940 -04 310 FERNANDO ST #103 1. 404.58 38,420 0.37 $1495 .- 0.37 1,626 0.37 1,626 $4,747 287 932 - 940-05 310 FERNANDO ST #104 1 404.58 38,420 0.37 $1,495 0.37 1,626 ' 0.37 1,626 $4,747 288 932 - 940 -06 310 FERNANDO ST #105 1 '404.58 38,420 0.37 $1,495 0.37 1 626 0.37 1,626 $4,747 289 932 - 940 -07 310 FERNANDO ST #106 1 404.58 38,420 0.37 $1,495 0.37 1626 0.37 1,626 $4,747 290 932 -940 -06 310 FERNANDO ST #107 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 291 932 -940-09 310 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 #109 1 404.58 38,420 0.37 $1495 0.37 1626 0.37 1,626 $4,747 293 932 - 940 -11 310 FERNANDO ST #110 1 .404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 294 932- 940 -12 310 FERNANDO ST #111 i 404.58 38,420 0.37 $1,485 0.37 1,626 0.37 1626 $4747 295 932 - 940 -13 310 FERNANDO ST #112 1 404,58 38,420 0.37 $1,495 0.37 1,628 0.37 1,626 $4,747 296 932- 940 -14 310 FERNANDO ST #201 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 297 932 - 940 -15 310 FERNANDO ST #202 1 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 298 932 - 940 -16 310 FERNANDO ST #203 1 404,58 38,420 0.37 $1,495 0.37 1,626 0.37 $4,747 299 932 - 940 -17 310 FERNANDO ST #204 1 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 $4747 300 932- 940 -18 310 FERNANDO ST #205 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 $4,747 301 932- 940 -19 310 FERNANDO ST #206 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 $4,747 302 932 - 940-20 310 FERNANDO ST #207 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 $4,747 303 932 - 940 -21 310 FERNANDO ST #2081 404.58 38,420 0.37 $1495 0.37 1,626 0.37 1,626 $4,747 MuniFinancial Exhibit E - Page 10 City of Newport Beach Assessment Number APN 304 932- 940 -22 Situs Number Situs Street 310 FERNANDO ST #209 1. Frontage Adjacent to Facilities 404.58 Lot SqFt 38,420 Safety Eau 0.37 S2fety Assessment $1,495 Reliability Eau 0.37 Reliability Assessment 1.626 Aesthetics Eau 0.37 Aesthetics Total Assessment Assessment 1,626 $4,747 345 932 - 940 -23 310 FERNANDO ST #210 1 404.58 38,420 0.37 $1.495 0.37 1,626 0.37 1,626 $4,747 306 932- 940 -24 310 FERNANDO ST #211 1 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1,626 $4747 307 932 - 940 -25 310 FERNANDO ST #212 1 404.58 38,420 0.37 $1,495 0.37 0.37 1.626 1826 0.37 0.37 1,626 1,626 $4,747 $4,747 308 932 - 940 -26 310 FERNANDO ST #301 1 404.58 38,420. 0.37 $1,495 309 932- 940 -27 310 FERNANDO ST #302 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 310 932- 940 -28 310 FERNANDO ST #303 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4747 311 932- 940 -29 310 FERNANDO ST #304 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 312 932- 940.30 310 FERNANDO ST #305 1 404.58 38.420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 313 932- 940 -31 310 FERNANDO ST #306 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 314 932 - 940 -32 310 FERNANDO ST #307 1 404.58 38,420 0.37 $1,495 0.37 1626 0.37 1,626 $4,747 315 932- 940 -33 310 FERNANDO ST #308 1 404.58 38,420 0.37 $1,495 0.37 1!626 0.37 1,626 $4,747 316 932 - 940 -34 310 FERNANDO ST #309 1 404.58 38,420 0.37 $1.495 0.37 1,626 0.37 1,626 $4,747 317 932- 940 -35 310 FERNANDO ST #310 1 404.58 38,420 0.37 $1495 0.37 1,626 1,626 0.37 0.37 1,626 1,626 $4,747 $4,747 318 932 - 940.36 310 FERNANDO ST #311 1 404.58 38,420 0.37 $1,495 0.37 319 932 - 940 -37 310 FERNANDO ST !3121 404.58 38.420 0.37 $1.495 0.37 1626 0.37 1,626 $4,747 320 932- 940 -38 310 FERNANDO ST #401 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 321 932 - 940 -39 310 FERNANDO ST #402 1 . 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1,626 $4747 322 932. 940-40 310 FERNANDO ST #403 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 323 932 - 940-41 310 FERNANDO ST #404 1 404 -56 38 420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 324 932 - 940-42 310 FERNANDO ST #405 1 404.58 38,420 0.37 $1,495 0.37 1.626 0.37 1,626 $4,747 325 932 -94043 310 FERNANDO ST #406 1 404.58 38,420 0.37 $1,495 0037 1,626 0.37 1,626 $4,747 326 932 - 940-44 310 FERNANDO ST #407 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 327 932 -94045 310 FERNANDO ST #408 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 328 932 -94046 310 FERNANDO ST#4091 404.58 38,420 0.37 $1.495 0.37 1,626 0.37 1,628 $4,747 329 932 -94047 310 FERNANDO ST #410 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 330 932 - 940 -48 310 FERNANDO ST #411 1 404.58 38,420 0.37 $1,495 0.37 1,626 0.37 1,626 $4,747 331 932 -94049 310 FERNANDO ST #412 1 404.58 38,420 0.37 $1,495 0.37 1626 0.37 1,626 $4,747 332 932- 940 -62 319 CYPRESS ST 135.11 10 149 0.50 $2.039 0.54 2.337 0.54 2,337 $6712 333 932 - 940 -63 317 CYPRESS ST 135.17 10,149 0.50 $2,039 0.54 2,337 0.54 2,337 $6,712 334 932. 940.64 315 CYPRESS ST 135.17 10,149 0.50 $2,039 0.54 2,337 0.54 2,337 $6,712 335 1 932- 940.65 311 CYPRESS ST 135.17 10,149 0.50 $2,039 0.54 2,337 0.54 2,337 $6,712 336 932- 940 -66 309 CYPRESS ST 135.17 10 149 0.50 $2.039 0.54 2,337 0.64 2 337 $6,712 337 932 -94087 307 CYPRESS ST 135.17 10,149 0.50 $2,039 0.54 2,337 0.54 1 2,337 $6,712 MuniFinancial Exhibit E - Page 11 City of Newport Beach Assessment Number 338 Situs APN Number 932- 940 -68 303 Situs Street CYPRESS ST Frontage Adjacunt to Lot Safety Safety Reliability Reliability Facilities SqFt EBU Assessment EBU Assessment 195.17 10,149 0.50 $2,039 0.54 2,337 Aesthetics EBU 0.54 Aesthetics Assessment 2.337 Total Assessment $6,712 339 932 - 940-69 305 CYPRESS ST 135.17 10,149 0.50 $2,039 0.54 2 337 0.54 2,337. $6,712 340 932 - 940 -70 301 CYPRESS ST 135.17 10,149 0.50 $2,039 1 0.54 2,337 0.54 2,337 $6.712 341 936- 520 -01 421 E BAY AVE #1 2 114.96 8,9' 3 0.60 $2,438 0.53 2,324 0.53 2.324 $7,087 342 936 - 520-02 414 E HARDING ST #2 1 114.96 8 973 0.60 $2,438 0.53 2,324 0.53 2,324 $7,087 343 936- 520 -03 416 E HARDING ST #3 1 114.96 8,973 0.60 $2.438 0.53 2,324 0.53 2,324 $7,087 344 936- 520 -04 423 E BAY AVE #4 2 114.96 6 973 0.60 $2,438 0.53 2,324 0.53 2,324 $7,087 345 936- 520 -05 425 E BAY AVE #5 2 114.96 8 973 0.60 $2.438 0.53 2,324 0.53 2,324 $7,087 346 936 - 520 -06 418 HARDING ST #6 1 114.96 8,973 0.60 $2,438 0.53 2,324 0.53 2,324 $7,087 347 936 -520 -07 420 HARDING ST #7 2 114.96 8973 0.60 $2,438 0.53 2,324 0.53 2,324 $7,087 348 936- 520 -08 427 BAY AVE #8 2 114'.96 8,973 0.60 $2,438 0.53 2,324 0.53 2,324 $7.087 349 936 - 520 -14 406 E BAY AVE #1 0 140.74 12,458 0.70 $2,866 0.59 2,582 0.59 2,582 $8 030 350 936- 520 -15 406 E BAY AVE #2 0 140.74 12 458 0.70 $2,866 0.59 2,582 0.59 2,582 $8030 351 936- 520 -16 406 E BAY AVE #3 0 140.74 12,458 0.70 $2,866 0.59 2,582 . 0.59 2,582 $8,030 352 936- 520 -17 406 ESAY AVE #4 0 140.74 12,458 0.70 $2,866 0.59 2582 0.59 2,582 $8,030 353 936- 520 -18 406 E BAY AVE #5 0 140.74 12,458 0.70 $2,866 0.59 2,582 0.59 2,582 $8.030 354 936- 520 -19 406 E BAY AVE #6 0 140.74 12,458 0.70 $2,666 0.59 2,582 0.59 2,582 $8,030 355 936 - 520 -20 406 E BAY AVE #7 0 140.74 12,458 030 $2,866 0.59 2.582 0.59 2,582 $8,030 356 936 - 520 -21 406 E BAY AVE #8 0 140.74 12,458 0.70 $2,866 0.59 2,582 0.59 2,582 $8.030 357 936 - 520 -22 406 E BAY AVE #9 0 140.74 12,458 0.70 $2,866 0.59 2 582 0.59 2.582 $8,030 358 936 - 520 -23 406 E BAY AVE #10 0 140.74 12.458 0.70 $2,866 0.59 2,582 0.59 2,582 $8,030 359 936 - 520 -34 51.50 3.528 1.07 $4369 0.84 3,658 0.84 3,658 $11,685 360 936 1 3,528 1.07 $4.369 0.84 3,658 0.84 3,658 1 $11,685 TOTAL NA I NA NA NA 1 388.71 $1,583,020 363.55 $1,583,020 363.55 $1,583,020 1 $4.749.060 MuniFinaneial Exhibit E - Page 12 City of Newport 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 GVOi XENPOFTeHACx couMr�ROn�xE+� BfAiEOF CALIPoRNN Yimx>KrnrcwmmYraau + w__ rw na �anw.xm me mmw w. xvvo.xnmm wweamwuYUnremsarwut w. i�.enr�mM r�w� wmPre wwPrr.aouPA mwrnerei�aux"ibixn tl1Yw IFM..11ifAEM Lcmw..e ao.ene Awm.wixemrwwmwnr .R.am nrw mxA.,�cNww MAwq°m rnxu^xc �oxiw'w�ROP°R' oarrnmw�wwYUR V.arE.+aaxm wour.munvawAAanmm m.nws wwnwnwrm w. ua xn wcvuxs w en.m w.xcsL wawa wne wLmvnr°CiA ® �rrom°nauaeri�aunm� wR ox+zawxLVn.emaoY. uwaRUOam raxxL u°�xwmc�»w.wwPwo..aww auLUn �_D PSSCSSM1FN! RISiRIC! ppl.NpgRY -- PSSCSSni'S PARCEL LINE CENTERLINE _..__ LOT LOW LOT N PPP VTXET ES m xC ..VCD ®MuniFinenciAl rX c°maLZ. a� ',— — — LEGLVATER AVE — — — — — 1 1 ' i 1 I 1 a I I 1 I I I I I i zlezrzar: PROPOSED BOUNDARIES OF UNDERGROUND UTILITY ASSESSMENT DISTRICT NO. 101 CITY OF NEWPORT BEACH COUNTY OF ORANGE STATE OF CALIFORNIA I � ti 4 GOG[ rfR N - 3 ¢ a a a 1 0 1 a a I _ � _ - - 1 - - -{--- -I I /�• _ ' - _ , iii I y J LEGEND BLVD-- ASSESSMENT DISTRICT BOUNDARY ASSESSOR'S PARCEL LINE -. - CENTERLINE LOT LWE LOT NJNBER UTILITIES 70 BE REMOVED RmMuniFinancial MuniFinancial Exhibit F - Page 3 City of Newport Beach (7 Z MuniFinanciai Exhibit F - Page 4 City of Newport Beach ASSESSMENT DIAGRAM, ASSESSMENT DISTRICT NO. 101 RLWNFL NMFwxfEw MnRR,mNMwm11SR/ rm�M�VPORT B mrexRea.aha Rroernrxvol,rxN_wrw 9tl6 CO ORANGE GE bTAMTE OF OF CM1FatN1A NwRnexmnw mRYRNT anaxexvamwl - Rmxnxorskewr�enrvavNarxecmwxernaxreuw. rw_wra aios — — '" _ — — — E>7OEIYA/F12 AVE — — — — evs,wrw.au�mrwwnowvwrRama oa I o o , o ler®mrx[ �a vR N�arnz��weesnvoartwmav,an / - .. �• w.Nww rR_xm / ry •• ® I I O , d ,nsm�I.xnuRmimmMrr�aaxe° aiR 1X° - I �� / I Gu I I I I I m Nu°x4M.rrwuo.rw a�alr. I A re I I O 1 • d I a NO ® I® O. rw mly.r � pQj � Imrxarmmurxew mNmamweaa �oovnrawwrcmmewwugNw / ® �" � I I ® ' omN. ravwraw.eoxartwNne. / � T Qq � I I • d I �w GI I I Q Rx Nm. xu � / ® ®. I ,m ® I O ux'im tsenxttoRrx / �O ® / � ` I I I I ® I ee I / wxweca.muaNeptwxxxxxR ex�uoueNRx / O / I I O � O I aeRU TMorleNlp V v_ _ —J-- - -._ / — - RAYAVE -- -- s — — — — — — .wmxce+rxarwcr,wowl, R.� o�oo @oao��o� . wrxuea I emuemroceAeArm _ _ _ _ _ _ MuniFinancial ° " �°"B VD �• Q COItCYMxxANR9R6?NWIEi I _ J (7 Z MuniFinanciai Exhibit F - Page 4 City of Newport Beach MuniFinancial Exhibit F - Page 5 City of Newport Beach ASSESSMENT DISTRICT, ASSESSMENT DISTRICT NO. 101 CT' OF NBlYFORT BEACH CGU OFORANOE BfATEOFCAIFORNIA ftent"", 8 I•� I + I +~ I � O'® I 5ea,�'Ni: I � r� ®uexrusmrcroanwum - 1 �" �n � +m 11 ,aaoonavema urE + N, ABY901Blf MINmiR ® �' 1N ® I ® Al O ® ® ®� :, t '• GIXNCIItlI1NM86B81fEM Nli9l ° kill im -LT MuniFinancial MuniFinancial Exhibit F - Page 5 City of Newport Beach ASSESSMENT DIAGRAM, ASSESSMENT DISTRICT NO. 101 OILYOFNEM ORTBEACH CMNtt OF ORANGE STA1 OF CALB'ORNIA A 9 M T NO. ASSESSOR FA RC EL NO 1 OJ 8.031.10 2 008.031 -12 3 48.031.16 048.031.18 5 5 048.031.18 0 048.031.20 048.031.32 0 04.031.26 9 040 6 .031.28 f0 048.031.20 _ 11 068.031.36 1$ 040.031.3fi 13 048031.30 14 068.031.40 15 T r u 9h 29 048.032.02 T ra u 9M1 048.03214 28 T r0 u 9n 048051.01 Th r0u 048.051.02 30 T ro u 90 38 36 048.05123 TM1 rou gM1 048.05 gh t 29 3i t ro u qll 39 048.051.31 T rou g 048 - 051.33 40 T ro u gn 68 048.05206 T r0 u 9M1 048.052.13 50 r rou9n 51 068.052.35 T e0 uBM1 068.852.38 52 8 1.01 53 T r u 9A 89 068.081.03 TM1 rro 9M1 068.08 3 Thro \ -19 SO TM1.u9 81 048.06201 04 8101 01 r rou 90 04 062 12 82 Tnl ugn 101 068.062.16 T rou gtl 06.062 -33 102 T r u91 110 048.072.02 T r o u 9M1 048.072.10 11 f T ro ugM1 118 048.072.13 7 r 0 u 9M1 048.072.20 119 T ro u 90 724 048.0)2.22 T rou 9M1 040.092 22 125 T r0 u90 134 068 091 01 g 069- 091.10 135 809 091.12 135 T r0 u gM1 139 040.091.14 4 Th in rou 9M1 068.091.23 140 T ro u g 164 048.091.19 7 r U 048 - 091 -23 165 T r u gll 152 048.092.01 T r o u gM1 048.092.08 153 T r0 u 9M1 156 048.092.1 T rou 9M1 049.092.12 155 T r u 90 158 048002.16 4 T r o u 9M1 049 - 092.15 152 T ro u o 181 048.092. rou 9M1 06809221 2 a 182 1 rOUgn ifii 068.0922 04 8 -1 1 3 - 1:3 2 3 3 t i h n rOU 0 068.092.28 2 7 1 MuniFinancial Exhibit F - Page 6 City of Newport Beach 0i 8 24 0 04 8101 01 2 a 04 8 -1 1 3 - 1:3 2 7 1 T h r u C n 2 7 6 0 4 8 1 1 4 m 0 1 T h r u u g, h 0448-114m06 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.) MuniPinancial 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 � day of N , 2008, at Newport Beach, California. �I Badum, P.E. lent of Streets MuniFinancial Exhibit H - Page 1 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: 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 day of u 2008, at Newport Beach rnia. Badum, P.E. lent of Street MuniFinancial Exhibit J - Page 1 City of Newport Beach City of Newport Beach NO. BA- 09BA -002 BUDGET AMENDMENT 2008 -09 AMOUNT: $a,szs,sa2:oo EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates r X7 Increase in Budgetary Fund Balance �X Increase Expenditure Appropriations AND X Decrease in Budgetary Fund Balance Transfer Budget Appropriations No effect on Budgetary Fund Balance SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: To increase revenue estimate and ex Boulevard. Edgewater Avenue. Adams Street. and Balboa Boulevard. ACCOUNTING ENTRY: # 101 - Buena Vista BUDGETARY FUND BALANCE Amount Fund Account Description Debit Credit 010 3605 General Fund - Fund Balance $164,425.00 ' 74101 3605 Assessment District 101 Fund - Fund Balance $120,244.00 REVENUE ESTIMATES (3601 ) Fund /Division Account Description 4101 6961 Assessment District 101 -AD 101 Bond Sale $4,464,117.00 EXPENDITURE APPROPRIATIONS (3603) Description Division Number 74101 Assessment District 101 Account Number 9801 AD Electric $2,525,210.00 Account Number 9802 AD Phone $1,138,206.00 Account Number 9804 AD Street Rehabilitation $19,000.00 Account Number 9805 AD Construction Contingency $366,342.00 Account Number 9813 AD Construction Inspection $74,000.00 Account Number 9814 AD City Administration $46,000.00 Account Number 9815 AD Underwriter's Discount $52,240.00 Account Number 9817 AD Bond Counsel $27,000.00 Account Number 9818 AD Paying Agent Fees $3,000.00 Account Number 9819 AD Filing Fees $3,000.00 Account Number 9820 AD Printing, Advertising, Notices $18,000.00 Account Number 9822 AD Disclosure Counsel $30,000.00 Account Number 9823 AD Financial Advisor $15,000.00 Account Number 9825 AD Incidental Contingency $23,875.00 Account Number 9827 AD Continuing Disclosure $3,000.00 Division Number 7014 Misc & Studies Account Number C1002018 Assessment District 101 $164,425.00 /� Automatic System Entry. Signed: _ - (" . i�/� Fi a cial Approval: Adminis ative Services Director Date Signed: Joe G Administrative Ap oval: City Manager Liate Signed: City Council Approval: City Clerk Date CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Tr@I' ¢¢yne q� 4s ai "U i9U ty E_%%'DA N0. o Agenda Item No. 27 May 27, 2008 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL PROM: Public Works Department Peter Tauscher 949 -644 -3316 or ptauscher @city.newport- beach.ca.us SUBJECT: Proposed. Underground Utility Assessment District No. 101,7- 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 far'a Public Hearing as July 22, 2008; and Ordering the Initiation of Assessment:Baliot Procedures. t��eti Qr, A0r'il t3 2008 Council approved. Resolution No. 2008 =24, providing prelimiriary el'.tFi the r[port of the Assessment Engineer for Assessment District N 0 " . '101, s ir'W a tiime and place for a public hearing thereon, and ordering the .initiatiori of assomm, a t, Batt ,-pro procedures- Subsequently. the. Assessment Engineer - recognized a mift.916 i*00 which caused 17 of the 360 properties within. the assessment, district be nc.., dories,to be under= assessed for the benefit of Safety as a result of the:dmdufi of froM ge initially identified for the parcels. Additionally, in response,to public.:irrput: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 appotionod 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, reAsed ballots most be malted -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 Construction Cost AT &T Civil Construction $1,138,206 Contingency (— 100/6) $113,821 AT &T Design Engineering $57,500 Subtotal: $1,309,527 Electrical Construcrion Cost SCE Civil Construction $2,525,210 Contingency ( -100/0) $252,521 SCE Design Engineeting x"1000 Subtotal: $2,817,731 Street Rehabilitation $19,()00 Total Construction Cost: $4,146,258 INCIDENTAL EXPENSES Assessment Engineering $22,745 Contract Inspection $74,000 Disclosure Counsel $moo0 City Adtninistration $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,%0 Incidental Contingencies $2187 S Total Incidental Expenses: $265,620 Total Construction & Incidental Expenses: $4,411,877 FINANCING COSTS 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 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 incliadingpublic notices by— Decree of the Superior Court of Orange County, CalifdmPa.- Number A -6214: - September 29, 1961, and A -24831 June 1 1, 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. Si nature GIVING AsstSSMENT DISTRICT fDERGROUND UTILITIES A TIME AND PLACE f1 THEREON, AND ORDE OF ASSESSMENT B/ 1EREAS, this legislative body has stit Iceedings for the formation of a sp, iessment 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,aa. „s .u. •...._._ Streets and Highways Code of tl ,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, red 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 Malian of 1931, Article %IIID of the Cons State of California ( "Article %IIID" Iosition 218 Omnibus Implement nmencing with Section 53750 of Article XIIID, and the Implementation referred to herein collectively as ssment Law"); TEAS, Mere has been filed with red by this legislative body a rev Unary Report of the Assessment Engi as of May 27, 2008 (the 'Rev t "), which Revised Report corrects car is. including the spread of special as 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 Assessn :t and the designation of the Assessn vanm proceemng on 1 ormation of the Assessment District; IOW, THEREFORE, It is hereby Determim esulved, 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 If Instruction of the improvements and of If cidental expenses in connection therewil mtained in the Revised Report, and each , em are hereby preliminarily approved or lopted; The diagram showing the Assessment Oistrh 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 sal solution of Intention, each of which have bde Pen a separate number upon the diagram, a nthimed 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 Electively, from the improvements to bi Istrucled. and of the incidental expense: reof, as contained in the Revised Ram,rt The descriptions of the improvements to It Istructed contained in the Revised Report ar. :IIUN 3. The Revised Report shall stand as Assessment Engineer's Report for the Pi of all ain ._. 'lull e. noult I) HEREBY given that tit Iy Council of the City Of Newport Bead II hold a public hearing on the ass ... me. strict, the proposed assessmems, and the slgnation of the area as an undergroum lities district at Its rogulur meeting plan ing the Council Chambers of 3300 Newpor ulevard, Newport Beach, Califamla, on lull 2008 at 7:00 p.m. suant to the provisions of the Assessmerc v. each record owner of property that to 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 recorc ter of each property interest located within assessment district and subject to a Posed assessment. Each such owner may iplele 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 far the close of the he hearing: City Clerk City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 ostmark prior to such date and time will) of the public hearing, the ase the assessment h: rotest 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. 110N 5. The City Clerk is hereby direc nail or cause to be mailed, in the form I ,net prescribed in the Assessment Law east 45 days prior to the date of the put -me, 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 rem ers of all real property proposed to sled. SED, APPROVED AND ADOPTED at a regu ling of the City Council of the City port Beach held on the 27th day of M: 1, by the following vote: Henn, Rosansky, Daigle, Webb, Curi Iner, Mayor Selich _ NT: None FAIN: None ST: /s/ Edward D. Selich May aVOnne M. Harkless Beach /Costa Mesa NOTICE OF APPOINTMENT AS DEPUTY CITY CLERK Notice is hereby given that Peter Tauscher is appointed Deputy City Clerk effective July 22, 2008. This appointment shall continue until July 23, 2008 and is for the purpose of tabulating ballots for proposed Assessment District No. 101 at the City Council meeting of July 22, 2008. LaVonne M. Harkless, City Clerk '7i 7 /of Date -1�a3- 7,aa -o8 Written Protest to the City Of Newport Beach regarding the Undergrounding of Utilities Assessment District # 101 From: Sandra IRL winch 814 Montero street Newport Beach, Co. 92661 -1134 Assessors Parcel Number 048-061 -10, Assessment Number 60 July 22nd. 2008 1 am first of all not a proponent of this assessment because of the financial hardship It will cause myself due to the tremendous cost of such a project and also the additional cost to re-locate my electrical meter, underground my electrical, cable, and phone lines on my property. My property has a legal non - conforming structure that will dictate having to re-locate and upgrade my electrical meter as well. More importantly; I have a structure on my parcel that is the original structure built in 1924 with a 666 square foot footprint, Two story as built. Single family home. My lot size is 3000 square foot. The size of the structure has never been increased. I do not plan to rebuild or sell. Or for that matter remodel, or expand the she of my structure. The engineers assessment method see article 130 (assessment and property related fee reform) section shL It states that on potential or future use of a service are not permitted. There are marry properties stmulai in size to mine that have many renters occupying their properties with several electrical, cable, and phone lines. This is why 1 think it Is an unfair way to assess my property the same as those types of parcels. Let alone the requirement above stated In article 13D. I am protesting the whole assessment as well as the method of assessment in my case. Sincerely; Sandra R. winch Below is the formula to calculate a residential parcel's EBUs, exclusive of condominiums, for the benefits of Safety. Residential Erggsdim {exert•,= m of condominh=4 Parcel's Frontage Adjacent to Overhead Facilities Safety Benefit EBU 0 Linear 1.0 EBU Feet < 60 Linear = 125 EBU Feet 60 Linear 1.50 EBU Feet Condaminraw and Not - Residential Propel 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, 125, 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. R�ELiABI T�['fi°' 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 Lnot1 constant and may change in the future.. � y basedrmt]ae�otstze ra£aparrcl,{amiades A mans to capture the 4iG efit 16newated Mfh the hiabast 4 -1., ..F nisi In assigning equivalent benefit units, one (1) EBU represents a typical parcel within the proposed Districk 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. MunlFlnanclal Exhibit D - Page 4 Cloy of Newport Beach ✓ i 1. Parcel's Square Footage Reliability Benefit EBU Calculation <_ 2,100 1 x Reliability Parcel's sgfi EBU EBU > 2,100 Parcel's Salt s Reliability Parcel's 2,100 EBU EBU 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 zeliabil4. all dwelling units .in she "&Wct uw&bm,a spend. improved neighborhood aesthetics. Properties will benefit fiom the _a -h -hood thmXh vehicle and pedestrian access. As such, since the current number of units within Aim D sm ct is not constant and may claqge in the future, e%uvalentbenefit 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 In assigning equiYalent benefit units, one (1) EBU represents a typical parcel within the proposed District, with a lot size of 70 s 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 I 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 I. Below is the formula to calculate a parcel's EBUs for the benefits of Neighborhood Aesthetics. i Parcel's Square Footage Neighborhood Aesthetics Benefit EBU Calculation 5 2,100 Aesthetics Parcels sgft 1 x EBU EBU > 2,100 Parcels Salt Aesthetics Parcel's 2,100 x EBU EBU Mltrrtlf'Irtaxdal Exhibit D - Page 5 City of Newport Beads Parcel's Square Footage Reliability Benefit EBU Calculation 5 2,100 1 x Reliability = Parcel's sgft EBU EBU > 2,100 Parcel's SqR x Reliability _ Parcel's 2,100 EBU EBU NEIGHBORHOOD AESTHETICS Removing the overhead utilities will improve the overall neighborhood aesthetics for all properties y. 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 per, provides a means to capture the benefit associated with the highest potential use of each parcel In assigping equivalent benefit units, one (1) EBU represents a typicalparcel 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 I EBU. Parcels, with a lot size greater than 2,100 square feet; are assigned additional EBUs based on I EBU being equal to 2,100 square feet I. 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 5 2,100 1 x Aesthetics _ Parcel's sgft EBU EBU > 2,100 Parcel's Salt x Aesthetics _ Parcels 2,100 EBU EBU MonlFlnanclal Exhibit D - page 5 City al Newport Beach ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) - Califo... Page 1 of 5 Supreme Court Center I US Laws I Blawgs FM 1 BlawgSea_rch.com I Justia Search Justia Justid> I,@w> California Lave Cgm__a Constitution> ARTICLE 13D (ASSESSMENT AND PROPERTY- RELATED FEE REFORM) ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) SECTION 1. Application. Notwithstanding any other provision of law, the provisions of this article shall apply to all assessments, fees and charges, whether imposed pursuant to state statute or local government charter authority. Nothing in this article or Article XIIIC shall be construed to: (a) Provide any new authority to any agency to impose a tax, assessment, fee, or charge. (b) Affect existing laws relating to the imposition of fees or charges as a condition of property development. (c) Affect existing laws relating to the imposition of timber yield taxes. CALIFORNIA CONSTITUTION ARTICLE 13D (ASSESSMENT AND PROPERTY- RELATED FEE REFORM] SEC. 2. Definitions. As used in this article: (a) "Agency" means any local government as defined in subdivision (b) of Section 1 of Article XIIIC. (b) "Assessment" means any levy or charge upon real property by an agency for a special benefit conferred upon the real property. "Assessment" includes, but is not limited to, "special assessment," "benefit assessment," "maintenance assessment" and "special assessment tax." (c) "Capital cost" means the cost of acquisition, installation, construction, reconstruction, or replacement of a permanent public improvement by an agency. (d) "District" means an area determined by an agency to contain all parcels which will receive a special benefit from a proposed public improvement or property - related service. (e) "Fee" or "charge" means any levy other than an ad valorem tax, a special tax, or an assessment, imposed by an agency upon a parcel or upon a person as an incident of property ownership, including a user fee or charge for a property related service, (f) "Maintenance and operation expenses" means the cost of rent, repair, replacement, rehabilitation, fuel, power, electrical current, care, and supervision necessary to properly operate and maintain a permanent public improvement. (g) "Property ownership" shall be deemed to include tenancies of real property where tenants are directly liable to pay the assessment, fee, or charge in question. (h) "Property- related service" means a public service having a direct relationship to property ownership. (i) "Special benefit" means a particular and distinct benefit over and above general benefits conferred on.real property located in the district or to the public at large. General enhancement of property value does not constitute "special benefit." h4://Iaw.justia.win/california/constitution/article-13D.html 7/22/2008 ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) - Califo... Page 2 of 5 CALIFORNIA CONSTITUTION ARTICLE 13D (ASSESSMENT AND PROPERTY- RELATED FEE REFORM) SEC. 3. Property Taxes, Assessments, Fees and Charges Limited. (a) No tax, assessment, fee, or charge shall be assessed by any agency upon any parcel of property or upon any person as an incident of property ownership except: (1) The ad valorem property tax imposed pursuant to Article XIII and Article XIIIA. (2) Any special tax receiving a two - thirds vote pursuant to Section 4 of Article XIIIA. (3) Assessments as provided by this article. (4) Fees or charges for property related services as provided by this article. (b) For purposes of this article, fees for the provision of electrical or gas service shall not be deemed charges or fees imposed as an incident of property ownership. CALIFORNIA CONSTITUTION ARTICLE 13D (ASSESSMENT AND PROPERTY- RELATED FEE REFORM) SEC. 4. Procedures and Requirements for All Assessments. (a) An agency which proposes to levy an assessment shall identify all parcels which will have a special benefit conferred upon them and upon which an assessment will be imposed. The proportionate special benefit derived by each identified parcel shall be determined in relationship to the entirety of the capital cost of a public improvement, the maintenance and operation expenses of a public improvement, or the cost of the property related service being provided. No assessment shall be imposed on any parcel which exceeds the reasonable cost of the proportional special benefit conferred on that parcel. Only special benefits are assessable, and an agency shall separate the general benefits from the special benefits conferred on a parcel. Parcels within a district that are owned or used by any agency, the State of California or the United States shall not be exempt from assessment unless the agency can demonstrate by clear and convincing evidence that those publicly owned parcels in fact receive no special benefit. (b) All assessments shall be supported by a detailed engineer's report prepared by a registered professional engineer certified by the State of California. (c) The amount of the proposed assessment for each identified parcel shall be calculated and the record owner of each parcel shall be given written notice by mail of the proposed assessment, the total amount thereof chargeable to the entire district, the amount chargeable to the owner's particular parcel, the duration of the payments, the reason for the assessment and the basis upon which the amount of the proposed assessment was calculated, together with the date, time, and location of a public hearing on the proposed assessment. Each notice shall also include, in a conspicuous place thereon, a summary of the procedures applicable to the completion, return, and tabulation of the ballots required pursuant to subdivision (d), including a disclosure statement that the existence of a majority protest, as defined in subdivision (e), will result in the assessment not being imposed. (d) Each notice mailed to owners of identified parcels within the http:// law. justia. com/ california /constitution/article_I3D.hhn1 7/22/2008 ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) - Califo... Page 3 of 5 district pursuant to subdivision (c) shall contain a ballot which includes the agency's address for receipt of the ballot once completed by any owner receiving the notice whereby the owner may indicate his or her name, reasonable identification of the parcel, and his or her support or opposition to the proposed assessment. (e) The agency shall conduct a public hearing upon the proposed assessment not less than 95 days after mailing the notice of the proposed assessment to record owners of each identified parcel. At the public hearing, the agency shall consider all protests against the proposed assessment and tabulate the ballots. The agency shall not impose an assessment if there is a majority protest. A majority protest exists if, upon the conclusion of the hearing, ballots submitted in opposition to the assessment exceed the ballots submitted in favor of the assessment. In tabulating the ballots; the ballots shall be weighted according to the proportional financial obligation of the affected property. (f) In any legal action contesting the validity of any assessment, the burden shall be on the agency to demonstrate that the property or properties in question receive a special benefit over and above the benefits conferred on the public at large and that the amount of any contested assessment is proportional to, and no greater than, the benefits conferred on the property or properties in question. (g) Because only special benefits are assessable, electors residing within the district who do not own property within the district shall not be deemed under this Constitution to have been deprived of the right to vote for any assessment. If a court determines that the Constitution of the United States or other federal law requires otherwise, the assessment shall not be imposed unless approved by a two - thirds vote of the electorate in the district in addition to being approved by the property owners as required by subdivision (e). CALIFORNIA CONSTITUTION ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) SEC. 5. Effective Date. Pursuant to subdivision (a) of Section 10 of Article II, the provisions of this article shall become effective the day after the election unless otherwise provided. Beginning July 1, 1997, all existing, new, or increased assessments shall comply with this article. Notwithstanding the foregoing, the following assessments existing on the effective date of this article shall be exempt from the procedures and approval process set forth in Section 9: (a) Any assessment imposed exclusively to finance the capital costs or maintenance and operation expenses for sidewalks, streets, sewers, water, flood control, drainage systems or vector control. Subsequent increases in such assessments shall be subject to the procedures and approval process set forth in Section 9. (b) Any assessment imposed pursuant to a petition signed by the persons owning all of the parcels subject to the assessment at the time the assessment is initially imposed. Subsequent increases in such assessments shall be subject to the procedures and approval process set forth in Section 9. (c) Any assessment the proceeds of which are exclusively used to repay bonded indebtedness of which the failure to pay would violate the Contract Impairment Clause of the Constitution of the United States. (d) Any assessment which previously received majority voter approval from the voters voting in an election on the issue of the assessment. Subsequent increases in those assessments shall be http: // law. justia. com/ califomia /constitution/article_I3D.html 7/Z2/2008 ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) - Califo... Page 4 of 5 subject to the procedures and approval process set forth in Section 4. CALIFORNIA CONSTITUTION ARTICLE 13D (ASSESSMENT AND PROPERTY- RELATED FEE REFORM) UmbEft Property Related Fees and Charges. (a) Procedures for New or Increased Fees and Charges. An agency shall follow the procedures pursuant to this section in imposing or increasing any fee or charge as defined pursuant to this article, including, but not limited to, the following: (1-) The parcels upon which a fee or charge is proposed for imposition shall be identified. The amount of the fee or charge proposed to be imposed upon each parcel shall be calculated. The agency shall provide written notice by mail of the proposed fee or charge to the record owner of each identified parcel upon which the fee or charge is proposed for imposition, the amount of the fee or charge proposed to be imposed upon each, the basis upon which the amount of the proposed fee or charge was calculated, the reason for the fee or charge, together with the date, time, and location of a public hearing on the proposed fee or charge. (2) The agency shall conduct a public hearing upon the proposed fee or charge not less than 45 days after mailing the notice of the proposed fee or charge to the record owners of each identified parcel upon which the fee or charge is proposed for imposition. At the public hearing, the agency shall consider all protests against the proposed fee or charge. If written protests against the proposed fee or charge are presented by a majority of owners of the identified parcels, the agency shall not impose the fee or charge. (b) Requirements for Existing, New or Increased Fees and Charges. A fee or charge shall not be extended, imposed, or increased by any agency unless it meets all of the following requirements: (1) Revenues derived from the fee or charge shall not exceed the funds required to provide the property related service. (2) Revenues derived from the fee or charge shall not be used for any purpose other than that for which the fee or charge was imposed. (3) The amount of a fee or charge imposed upon any parcel or person as an incident of property ownership shall not exceed the proportional cost of the service attributable to the parcel. characte � 'rges o =:assessments, shall be classified -as:.. assessments and shall not be imposed without compliance with Section4 4. (5) No fee or charge may be imposed for general governmental services including, but not limited to, police, fire, ambulance or library services, where the service is available to the public at large in substantially the same manner as it is to property owners. Reliance by an agency on any parcel map, including, but not limited to, an assessor's parcel map, may be considered a significant factor in determining whether a fee or charge is imposed as an incident of property ownership for purposes of this article. In any legal action contesting the validity of a fee or charge, the burden shall be on the agency to demonstrate compliance with this article. (c) Voter Approval for New or Increased Fees and Charges. Except for fees or charges for sewer, water, and refuse collection services, no property related fee or charge shall be imposed or increased unless and until that fee or charge is submitted and approved by a http://Iawjusfia.com/califomia/constitution/article—I 3D.hftffl 7/22/2008 ARTICLE 13D (ASSESSMENT AND PROPERTY - RELATED FEE REFORM) - Califo... Page 5 of 5 majority vote of the property owners of fee or charge or, at the option of the of the electorate residing in the affec be conducted not less than 45 days afte agency may adopt procedures similar to assessments in the conduct of elections (d) Beginning July 1, 1997, all fees this section. the property subject to the agency, by a two - thirds vote ted area. The election shall r the public hearing. An those for increases in under this subdivision. or charges shall comply with Copyright ® Justia - No copyright claim is made to any of the government data on these rages. Company:: Terms of Service:: Privacy Policy:: Contact Us:: Have a Happy Day! h4://Iaw.justia.com/califomia/constitution/article—I 3D.htm] 7122/2008 CERTIFICATE AND STATEMENT OF ASSESSMENT BALLOT TABULATION ASSESSMENT DISTRICT NO. 101 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF NEWPORT BEACH ) THE UNDERSIGNED, City Clerk for the City of Newport Beach, in connection with the proceedings to consider the formation of Assessment District No. 101 (the "Assessment District ") and the levy of assessments within the Assessment District, DOES HEREBY CERTIFY that, after the close of the public hearing held on July 22, 2008 to consider the formation of the Assessment District, the undersigned did tabulate the assessment ballots timely submitted by affected property owners. THE UNDERSIGNED further CERTIFIES that this Statement of Assessment Ballots Submitted shows the assessment ballots submitted in favor of the assessment and the assessment ballots submitted in opposition to the assessment, each total weighted according to the financial obligation of the affected properties for which the assessment ballots were submitted. ASSESSMENT BALLOTS SUBMITTED IN FAVOR OF THE PROPOSED ASSESSMENT: $ a, 054, 44 '3-aa ( 6030 ASSESSMENT BALLOTS SUBMITTED IN OPPOSITION TO THE PROPOSED ASSESSMENT: $ I, AO, X55.08 C 38.031) This certification is executed this July 22, 2008 in Newport Beach, California. #93 NOTICE OF APPOINTMENT AS DEPUTY CITY CLERK Notice is hereby given that Iris Lee is appointed Deputy City Clerk effective July 22, 2008. This appointment shall continue until July 23, 2008 and is for the purpose of tabulating ballots for proposed Assessment District No. 101 at the City Council meeting of July 22, 2008. LaVonne M. Harkless, City Clerk i / La y Date