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TO: <br />FROM: <br />CITY OF <br />NEWPORT BEACH <br />City Council Staff Report <br />January 12, 2016 <br />Agenda Item No. 16 <br />HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL <br />David A. Webb, Public Works Director - 949-644-3311, <br /> <br />PREPARED BY: Michael J. Sinacori, Assistant City Engineer <br />PHONE: 949-644-3342 <br />TITLE: Proposed Assessment District No. 111 - Area Bounded by 31 st <br />Street, Ocean Front, 23rd Street and Newport Boulevard <br />ABSTRACT: <br />Property owners on the east and west side of Balboa Boulevard bounded by 31st <br />Street, Ocean Front, 23rd Street and Newport Boulevard have submitted Petitions <br />requesting formation of an underground utility assessment district to be done in concert <br />with the City's Balboa Boulevard Rule 20a undergrounding efforts. The City Council <br />certified the Petition for Assessment District No. 111 on October 13, 2015. On <br />November 10, 2015, the City Council approved the Assessment Engineer's Report, <br />declared its intention to levy assessments and to issue bonds to finance the <br />undergrounding, and set January 12, 2016 as the time and place of a Public Hearing for <br />Assessment District No. 111. Ballots were mailed to each property owner and Council is <br />requested to hold the Public Hearing, count ballots and determine if these property <br />owners support or oppose forming Assessment District No. 111. <br />RECOMMENDATION: <br />a) Open public hearing on the formation of Assessment District No. 111; <br />b) Hear public testimony from those who desire to speak; <br />c) Close the public hearing; <br />d) Count ballots; and <br />e) If there is greater than or equal to 50% of weighted "Yes" votes versus "No" votes <br />submitted, a majority protest by ballot procedure does not exist and the District may <br />be formed. If it is desired to form the District, take the following actions: <br />16-1 <br />