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HomeMy WebLinkAbout1990-06-12 - AGENDA REPORTS - GVR IMPS ASMT DIST (2)BACKGROUND On January 9, 1990, the Council directed staff to prepare a feasibility study for:the formation of an assessment district to fund the construction of Golden Valley Road from Sierra Highway to Route 14, the Antelope Valley Freeway (Agenda Report attached). Staff and City consultants have had several meetings with the five developers who will participate in the district to incorporate all of our findings in the feasibility report. During our deliberations, we have identified three issues which we require the Councils concurrence or direction since these were not part of the original proposal. These issues are grading outside the road right-of-way, grading for a park site, and utility improvements within the right-of-way for Golden Valley Road. Approximately 32% of the total project cost is necessary to stabilize the existing landslide areas affecting Golden Valley Road. This stabilization requires the removal and recompaction of soil on property owneA-by three of the developers. In addition, excavated material to construct the road will also be placed on adjacent property owned by these same developers. If this excavated material were to be hauled off to another site, the cost would be five times the cost to move it on to adjacent property ($5 per cubic yard compared to $1 per cubic yard). This savings is a benefit to the total district, allows stabilization of the road, and is of value to .the adjacent developers. We are proposing that this off-site work be included in the district for its benefit and assessed only on the three developers whose property it also benefits. In addition, there are basic utilities, sewer, water, telephone, etc. which should be installed beneath Golden .Valley Road at this time so that it would not be excavated later when .the projects are developed. Since these utility improvements are less than 3% of the total district and do not include any on-siteutilities, we believe that including these in the project costs would result in a more sensible approach toward.implementation of the project. Finally, a portion of the roadway excavation will be placed in an area which is proposed for a park site. Since the placement of this material is necessary to bring the park site up to grade, we feel that this should be included in the district because it also reduces the district's total cost by providing an area for the roadway excavation material. We are proposing that only the cost of the park site which is equal to the cost of the developers park -in -lieu fees be included in the district. Our estimate is that this fee is approximately $5700000. The value of the park site would be a credit toward these fees. A park site in this area is supported by your Parks and Recreation Department and would be submitted to the Commission for review and comment prior to a fin disposition on the matter.` a lfem: AGENDA REPORT City Manager Approval Item to be presented y: NEW BUSINESS John E. Medina DATE: June 12, 1990 SUBJECT: GOLDEN VALLE ROAD IMPROVEMENTS ASSESSMENT D - PRELIMINARY REPORT DEPARTMENT: Public Work //STRICT Q'A BACKGROUND On January 9, 1990, the Council directed staff to prepare a feasibility study for:the formation of an assessment district to fund the construction of Golden Valley Road from Sierra Highway to Route 14, the Antelope Valley Freeway (Agenda Report attached). Staff and City consultants have had several meetings with the five developers who will participate in the district to incorporate all of our findings in the feasibility report. During our deliberations, we have identified three issues which we require the Councils concurrence or direction since these were not part of the original proposal. These issues are grading outside the road right-of-way, grading for a park site, and utility improvements within the right-of-way for Golden Valley Road. Approximately 32% of the total project cost is necessary to stabilize the existing landslide areas affecting Golden Valley Road. This stabilization requires the removal and recompaction of soil on property owneA-by three of the developers. In addition, excavated material to construct the road will also be placed on adjacent property owned by these same developers. If this excavated material were to be hauled off to another site, the cost would be five times the cost to move it on to adjacent property ($5 per cubic yard compared to $1 per cubic yard). This savings is a benefit to the total district, allows stabilization of the road, and is of value to .the adjacent developers. We are proposing that this off-site work be included in the district for its benefit and assessed only on the three developers whose property it also benefits. In addition, there are basic utilities, sewer, water, telephone, etc. which should be installed beneath Golden .Valley Road at this time so that it would not be excavated later when .the projects are developed. Since these utility improvements are less than 3% of the total district and do not include any on-siteutilities, we believe that including these in the project costs would result in a more sensible approach toward.implementation of the project. Finally, a portion of the roadway excavation will be placed in an area which is proposed for a park site. Since the placement of this material is necessary to bring the park site up to grade, we feel that this should be included in the district because it also reduces the district's total cost by providing an area for the roadway excavation material. We are proposing that only the cost of the park site which is equal to the cost of the developers park -in -lieu fees be included in the district. Our estimate is that this fee is approximately $5700000. The value of the park site would be a credit toward these fees. A park site in this area is supported by your Parks and Recreation Department and would be submitted to the Commission for review and comment prior to a fin disposition on the matter.` a lfem: A GOLDEN VALLEY ROAD June 12, 1990 Page 2 In summary, the inclusion of these costs in the assessment district is the most cost effective method to provide basic public improvements included within the district. Staff seeks direction on these items to permit completion of the report. The City Council direct staff to include improvements within Golden Valley Road, report being prepared by staff. roadway stabilization, backbone utility and the park site in the feasibility