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Home My WebLink AboutRES NO 90-82ESOLUTION NO. 90-8P, RESOLUTION OF THE CITY COUNCIL ORDERING CERTAIN CHANGES AND MODIFICATIONS TO THE ENGINEER'S "REPORT" IN A SPECIAL ASSESSMENT DISTRICT WHEREAS, the CITY COUNCIL of CITY OF BAKERSFIELD, CALIFORNIA, has' previously adopted its Resolution of Intention pursuant to the provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain works of improvement in a special assessment district known and designated as ASSESSMENT DISTRICT NO. 81-1 (hereinafter referred to as the "Assessment District"); and WHEREAS, subsequent thereto, the City Council did, by 'Resolution, approve the "Report" and call for sealed bids on the construction of the works of improve- ment as contemplated in said AsSessment District; and, WHEREAS, prior to said Public Hearing, sealed bids were received and consi- dered for the construction of the works of improvement in the Assessment District, and at this time an amended assessment roll has been presented show- ing modifications and reductions in all assessments because of the favorable construction bid so received; and, WHEREAS, at this time bids have also been received for the sale of bonds; and, WHEREAS, it now appears that the changes and modifications as set forth in the amended assessment roll as presented herein should be approved and ordered to be done. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. That the above recitals are all true and correct. SECTION 2. That it is hereby ordered that the changes and modifications as set forth in the amended assessment. roll- as-presented herein, based on the bids received, are hereby approved and ordered to be done. SECTION 3. That said changes and modifications above mentioned are hereby ordered pursuant to the authority as set forth in Section 10352 of the Streets and Highways Code of the State of California (the "Municipal Improvement Act of 1913"). SECTION 4. That the Englneer's "Report", the Assessment l, and all related documentation, as so modified, are all for the best interests of the property owners within the Assessment District, and said assessment, as modified and apportioned, is in accordance with the benefits received, and the "Report", as herein modified and amended, shall stand as the "Report" for all subsequent proceed- ings relating to this Assessment District. I hereby certify that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting held on the 18th day of August , 1982, by the following vote: AYES: COUNCILMEN: BARTON, CHRISTENSEN, MEANS, PAYNE, RAI'Pf, ROCKOFF, STRONG NO S: COUNC,LME Z ............. ABSENT: COUNCILMEN: _ ABSTAINING: COUNCILMEN: :-,~ ~-L~ ,--, APP ED ~:~ 20th day~o~, LDF~- ' -' ' E '~F ' '~H CITY CL F E COUNCIL OF THE CITY OF BAKERSFIELD APPROVED AS TO FORM: KERSFT R IELD AMENDED ENGINEER'S REPORT MUNICIPAL IMPROVEMENT ACT OF 1913 CITY OF BAKERSFIELD for ASSESSMENT DISTRICT NO. 81-1 [FAIRVIEW) 1982 WILLDAN ASSOCIATES ENGINEERS PLANNERS 290 South Anaheim Blvd. Anaheim0 Calif. 92805 The following changes have been made to the Engineer's Report as originally submitted: 1) The construction costs have been reduced from $566,085 to $501,535.37 to reflect the actual bids received. 2) The costs of printing, posting, publishing has been increased from $5,000 to $10,000 on advise of the financial underwriters. 3) The project contingency fund has been reduced from $52,727 to $50,464.63 due in part to the reduced construction costs; also the State tax will not be required. 4) The financing costs have been reduced from $237,221 to $159,875.78 as the result of receiving the actual purchase price commitment from the bond underwriter. This reflects the general lowering of the interest rates. 5) These changes were distributed proportionally to the various parcels based upon the assessments set forth in the preliminary report. The assessments for assessment parcels 6 and 7 were reduced an addi- tional 10% as the result of the greater difficulty in developing these parcels as reflected in subsequently received appraisal reports. Assessment District No, Fairview City of Bakersfield 81-1 COST ESTIMATES Prel i m i na ry Assessment Confirmed Assessment Cost of Construction: Sanitary Sewer Storm Drain Water Company Construction TOTAL CONSTRUCTION Design Engineering City Preliminary Engineering Construction Staking & Inspection etc Assessment Engineering Bond Counsel Printing· Posting· Publishing & Bonds Right-of-Way Engineering Interest on Money Advanced Bond Servicing TOTAL INCIDENTALS TOTAL CONSTRUCTION & INCIDENTALS $178,258 347,494 40,000 $566, $ 20, 20, 25, $103, $659, 085 000 000 000 000 000 000 500 500 000 000 085 $501,535.37 20, 000.00 5, 000.00 20,000.00 25, 000.00 14, 000.00 10, 000.00 2, 500.00 1,500.00 10,000.00 08,000.00 $609,535.37 Project Contingency C~8% (--i,,..; od=~ -'l-7'-~;t0-of-l%-SL,,i.,= Project Cost for Bond Computation Financing Bond Discount ..~t5% @9, 5% Reserve Fund @ 10%) TOTAL INCIDENTAL COST 52,727 $711,812 237,271 $382,998 50,464.63 $660, 000.00 159,875.78 $31 8,340.41 BALANCE TO ASSESSMENT $949,083 $819,875.78 Estimated Cost of Construction Estimated Incidental Costs F, Expenses Total Estimated Cost Less Contributions Balance to Assessment Preliminary Final Approval Approval 5 566,085 5501,535.37 382,998 318, 340.41 5 949,083 581 9,875.78 5 949,083 5819, 875.78 For particulars as to the individual assessments and their descriptions, reference is made to the Assessment Roll attached hereto. 6) All costs and expenses of the works of improvement have been asses- sed to all parcels of land within the assessment district in a manner which is more clearly defined in the Method of Assessment, a copy of which is contained herein. DATED: 1982 BY: J. Dale Hawley Superintendent of Streets City of Bakersfield ~ssessment District Fairview City of Bakersfield No. ASSESSMENT ROLL Asmt 'Assessor' s Owners # Number Name/Address 175-020-05-00-6C 2 175-020-07-01-1C 3 175-020-08-00-5C 4 175-020-10-00-0C 5 175-030-05-00-9C 6 175-030-07-00-5C 7 175-030-08-00-8C 8 175-030-15-00-8C 9 175-030-16-00-6C Genevieve Myers % Hilltop Developers Inc 1830 Brundage Lane Bakersfield 93304 Covington Brothers Tech 2451 East Orangethorpe Fullerton 92631 Greenfield Unified School District MTL Development Co & 4226 Limited 2823 Miles Street Bakersfield 93306 Giorgia Grassotti 899 West Fairview Road Bakersfield 93307 H-Bar Development Co Inc 917 19th Street Bakersfield 93301 MTL Development Co % Eugene F. Cassady & Co 307 Vista Verde Way Bakersfield 93309 Per ry M. Jones, j r 927 Fairview Road Bakersfield 93304 Challenge Builders Inc % Department of State 1206 California Avenue Bakersfield 93303 Preliminary Assessment $195~ 210. 71 128,149.11 158,999.17 115,517.19 116,861.75 103, 1 82.09 3,256.79 63,374.86 Confirmed Assessment $171,827.97 112,474.59 -0- 138,555.17 101,387.74 95,684.31 85,288.12 2,813.41 55,459.45 Asmt 10A 10B 11 12 13 Assessor' s Number 175-030-17-00-4C 175-030-18-00-8C 175-030-19-00-0C 175-030-20-00-2C 175-030-23-00-1C Owners Name/Address James M. Johnson 1031 West Fairview Bakersfield 93307 Road James M. Johnson DBA J F, C Accountants 1031 West Fairview Road Bakersfield 93307 Ramen V. Solano & Mary L. Solano 1101 West Fairview Road Bakersfield 93307 Challenge Builders Inc % Mrs G. B. Obela 1206 California Avenue Bakersfield 93303 City of Bakersfield 1501 Truxtun Avenue Bakersfield 93301 Preliminary Assessment $ 1,441.10 228.90 4,798.99 58,062.34 -0- $949,083.00 Confirmed Assessment $ 1,244.91 197.74 4,145.66 50,796.71 -0- $819, 875.78