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HomeMy WebLinkAbout1993-08-24 - AGENDA REPORTS - VALENCIA TRAFSIG IMPROVEMENTS (2)NEW BUSINESS DATE: SUBJECT: DEPARTMENT: AGENDA REPORT August 24, 1993 Item to be presented Anthony J. Nislch/` SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS Community Development This item Is a public Information meeting to consider comments regarding the proposed assessments. BACKGROUND On July 13, 1993, the Resolution declaring the City's Intention to create District No. 92-5 and the Resolution preliminarily approving the Engineer's Report were approved, along with the setting of a public meeting and public hearing. The preliminary Engineer's Report was approved and is on file with the City Clerk. The Integrated Financing District was formed to create a district to aid in the Installation of three traffic signals within the Valencia Industrial Park and to permit the sharing of the costs on several undeveloped parcels which will create the need for signals when they develop. The proposed assessment will cover the signal Installation and administrative costs associated with the district proceedings. These assessments are contingent assessments which remain on the vacant land until development occurs. At that time, the fee is collected and deposited Into a signal fund to cover Installation costs when increased traffic warrants a new signal. Funds collected will only be used for signals at Avenue Scott and Rye Canyon Road, Avenue Scott and Tibbits, and one future location to be determined later. This public Information meeting Is in accordance with California Government Code Section 54954.6, requiring this meeting In addition to a public hearing for all new or increased assessments. The public hearing set for September 14 will be to approve the final Engineer's Report and authorize the levy of the assessments. No Council action is required at this meeting, other than to conduct the public meetings. FISCAL IMPACT - None, to the City. RECOMMENDATION Conduct public Information meeting, and continue item to the public hearing on September 14, 1993. - - - — - — — -- — — ATTACHMENTS Engineer's Report BM:hds coun&.925.bm Continued To: Agenda item: MI/ PRELIMINARY REPORT OF ENGINEER FOR CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS Janice H. Heidt Mayor George Pederson Mayor Pro -Tem Councilmembers Carl Boyer Jill Kla)ic Jo Anne Darcy George Caravalho - City Manager Kenneth Pulskamp - Assistant City Manager Donna M. Grindey C.M.C. - City. Clerk Lynn Harris - Director of Community Development/Deputy City Manager Jeffrey C. Kolin - Director of Public Works/Deputy City Manager Anthony J. Nisich - City Engineer Rick Putnam - Director of Parks, Recreation, and Community Services Professional Services Burke Williams & Sorensen - Special Counsel Willdan Associates - Assessment Engineer City of Santa Ciarlta PRELIMINARY REPORT OF ENGINEER FOR CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS TABLE OF CONTENTS PAGE NO. 1,2 INTRODUCTION 2 CERTIFICATIONS 3 I. DESCRIPTION OF SERVICE 4,5 II. COST ESTIMATES 6 III. EXPLANATION OF FEE" 7,8 IV. BOUNDARIES OF DISTRICT A-1 EXHIBIT "A" - BOUNDARY MAP PRELIMINARY REPORT OF ENGINEER FOR CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS INTRODUCTION City of Santa Clarita WHEREAS, the City Council of the City of Santa Clarita, in the State of California; did, pursuant to the provisions of the Landscaping and Lighting Act of 1972 commencing with Section 22500 of the California Streets and Highways Code and the Integrated Financing Act, being Chapter 1.5 of the Government Code of the State of California, commencing with Section 53175 adopt Its Resolution of Intention No. 93-100 expressly order the filing of a written Engineer's Report ("Report") with the City of Santa Clarita, for a proposed Traffic Signal Fee which shall be designated as: INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS (hereinafter referred to as "District"); and WHEREAS, the ordering of the Report did direct that the Report generally contain the following: DESCRIPTION OF SERVICE Description of the Improvements to be included In the district. II. COST ESTIMATES A cost estimate setting forth the costs and expenses for providing the Improvements. III. EXPLANATION OF FEE An explanation of the fee structure and method of. reimbursement for the district Improvements. Page 1 July 13, 1993 City of Santa Clarita IV. BOUNDARIES OF DISTRICT The proposed boundaries of the District and a boundary map. NOW, THEREFORE, I, Richard Kopecky, authorized representative of Wllldan Associates, the appointed responsible officer directed to prepare the Report pursuant to the provisions of the Integrated Financing Act do hereby submit the following data: Richard Kopecky, Vice President Willdan Associates CERTIFICATION PRELIMINARY APPROVAL Preliminary approval by the City Council of the City of Santa Clarita on the day of . 19 Donna Grindey, City Clerk, C.M.0 City of Santa clarita FINAL APPROVAL Final approval by the City Council of the City of Santa Clarita on the . 19 Donna Grindey, City Clerk, C.M.0 City of Santa clarita Page 2 day of July 13, 1993 CltV of Santa Clarita I. DESCRIPTION OF SERVICE Traffic Signal Fees are necessary to fund improvements at existing or new intersections as a result of Increased traffic needs to accommodate new development. Traffic Signal Fees would be considered as the developer's "fair share" contribution to mitigate Incremental traffic Impacts of their projects. When these projects are relatively small, their traffic impact is considered "Insignificant." However, the accumulated development Impacts are significant. Significance is defined.as any impact of traffic created by the project which results In a change in the volumelcapacity ratio of more than two percentage points. This fee is Intended to provide for Improvements to Intersections for traffic signal Improvements only. i The Valencia Industrial Center, located In the northwest corner of the City of Santa Clarita, is situated In both the City and the unincorporated area of the County. As a result of traffic Impact studies, it has been determined that there Is a need for three traffic signals within the center. • Avenue Scott and Rye Canyon Road (City) • Avenue Scott and Avenue Tibbits (unincorporated County) • One intersection to be determined at a later date The improvements will consist of traffic signals only. Once the district is established, an analysis of the two existing intersections will be done to determine if signalization Is warranted as well as the priority for installation. If signalization Is not warranted, further warrant analysiswill be performed as traffic volumes Increase or accident occurrences dictate that a new analysis be performed. The parcels and assessments Included herein do not Include any prior unpaid special assessments. The current total true value of land and. improvements on the parcels listed'in Exhibit "C" based on 1993 assessor Information is $49,089,700. The proposed district will not include more than three proposed signalized Intersections. Page 3 July 13,.1993 II. COST ESTIMATES CONSTRUCTION EXPENSES PROJECT INCIDENTAL Traffic Signals` GENERAL INCIDENTALS Assessment Engineer District Administration $ 375,000. Subtotal $ 375,000 $ 5,000 $ 3,000 Subtotal $ 8,000 TOTAL TO ASSESS $ 383,000 City of Santa Ciarita ASSESSMENT FEES Fees are based upon acreage divided Into total cost. Total Cost $ 383,000 Total Acreage 148.80 - Acres Fee Per Acre $ 2,573.93 Per Acre 'This amount includes all construction, design, and administration Incidental expenses. PROPOSED FEE REIMBURSEMENT PARCEL NUMBER 1 $ 13,487.37 2 8,236.56 3 12,045.97 4 10,887.70 5 8,288.04 6 10,578.83 7 7,618.82 8 3,603.49 9 10,733.26 10 152,067.46 11 2,368.02 12 7,979.17 13 5,842.81 14 45,815.86 15 21,595.23 16 7,206.99 Page 4 July 13, 1993 I REIMBURSEMENT PARCEL NUMBER 17 37,579.30 18 14,208.06 19 2,857.06 TOTAL $ 383,000.00 Page 5 City of Santa Clarita July 13, 1993 PRELIMINARY REPORT OF ENGINEER FOR CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92.5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS EXPLANATION OF FEES City of Santa Clarlta An approved. joint public facilities agreement between the City of Santa Clarita and Los Angeles County grants the City sole power to establish and operate the District. Fees will be determined by dividing the total assessment cost by the number of undeveloped acres, Including that acreage .for which an Interim fee has already been paid. If fees have already been paid, an amount equivalent to those fees will be credited towards the District following verification that the fees were received. Fees are payable upon approval by the City Council or Board of Supervisors of a subdivision map or Issuance of a building permit, whichever occurs first. Should the undeveloped land remain vacant, with no building permits Issued or approved subdivision map, the fees will not be collected. The City, County, or any developer may construct the Intersection improvements as mutually agreed upon. Once the District is established, a reimbursement agreement will be prepared and Newhall Land and Farming will fund the cost of the traffic' signal improvements to the Avenue Scot/Rye Canyon Road and the Avenue Scott/Avenue Tibblts intersections If warranted. Newhall Land and Farming will also fund up to $8,000 for City costs to establish this district. The City shall establish the district and collect the fees which shall be kept In a separate Interest bearing account and not commingled with other City funds. ' Reimbursement payments will be made quarterly from fees collected by the City based on the earliest date of the expenditure of funds for traffic Improvements. After all the lots are built upon or fees collected from all the lots obligated to pay fees, an accounting shall be made of the district account. If all three signals have been Installed and appropriate reimbursements made to the entity/entities which Installed the signal, any fees totaling In excess of $20,000 shall be refunded to the payees of the original fees based on a ratio of their fees to the total fees collected. Fees totaling less than $20,000 in the combined County/City funds shall be used for signal maintenance of the signals within the District. If any of the three signals have not yet been Installed, a warrant analysis should be done and If that location(s) meets 75 percent or more of any of the Improvements, these funds should be retained for a period of one year. At the end of this year, If warrants as Indicated above are still not met, excess fees collected shall be refunded to the owners of record at that time. After the final accounting has been done, the district shall be dissolved. Page 6 July 13, 1993 City of Santa Clarita Once this district Is established with the appropriate fee, adjustments or refunds should immediately be made to all having paid the current in -lieu fee of $4,500 per acre. Funds provided to Initiate and establish this district must be Included in district costs and be refunded to the payee from collected fees. Page 7 July 13, 1993 City of Santa Clarta PRELIMINARY REPORT OF ENGINEER 99.9 CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS IV. BOUNDARIES OF DISTRICT The boundaries of the District will Include the parcels with the following assessor parcel number, within the Valencia Industrial Center. The Valencia Industrial Center is located off Interstate 5, at Rye Canyon Road in the northwest corner of the City. ASSESSOR REIMBURSEMENT PARCEL NUMBER NUMBER 2866-018.122 1 2866-018-337. thru 140 2 2866-018-117 3 2866-018.126. thru 130 3 2866-018-059 4 2866.018.065 4 2866.023-017 5 2866-023-018 5 2866-023.008 6 2866-023-009 6 2866-023.011 6 2866-023-012 6 2866-023-009 7 2866-013-069 8 2866-013-043 9 2866-013-044 9 2866-013-002 10 2866-013-072 10 2866-013-073 10 2866-013-074 10 2866.013-075 10 2866-013-076 10 2866-013.023 11 2866-013-024 11 2866-018.060 12 2811-001-068 13 2811-001-071. thru 077 14 2811-001-079 14 2811-001-085. thru 093 14 2811.027-023. & 024 15 2811-027.022. & 025, 026 16 Page 8 July 13, 1993 ASSESSOR PARCEL NUMBER 2811-001.082. (por) 2866-007-032 2866-007-044 2866-032.001.thru 013 2866-006-800. (por.) Page 9 City of Santa Clarita REIMBURSEMENT NUMBER 17 17 17 18 19 July 13, 1993 City of Santa Clarita PRELIMINARY REPORT OF ENGINEER FOR CITY OF SANTA CLARITA INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 VALENCIA INDUSTRIAL CENTER TRAFFIC SIGNAL IMPROVEMENTS BOUNDARY MAP The Boundary Map is shown In a reduced scale formate as Exhibit "A." BM:dls counci& 93-100.bm AGENDA REPORT CONSENT CALENDAR DATE: July 13, 1993 City Manager Approval Item to be presented by: Anthony J. Nisich SUBJECT: VALENCIA INDUSTRIAL CENTER TRAFFIC -SIGNAL REIMBURSEMENT INTEGRATED FINANCING ASSESSMENT DISTRICT NO. 92-5 Resolution No. 93-100 Resolution No. 93.101 DEPARTMENT: Community Development BACKGROUND On August 25, 1992, (see attached August 25, 1992 agenda) an. agreement was approved with regards to this district, where the County would grant consent and Jurisdiction to the City to form and administer this district. This gives the City authorization over all aspects of the District and Its formation without having to seek approval from the County on each step. This agreement was subsequently signed by all parties and submitted for approval on November 4, 1992. Since that time, the City has been working with the property owners to finalize the details of the District. These matters have now been resolved and it Is appropriate to proceed with the actual formation of the District. The August 25 agenda, preliminary Engineer's Report, and signed agreement are attached for the Council's reference. RECOMMENDATION That the City Council approve Resolution No. 93.100, declaring its Intention to order creation of Its Integrated Financing District No. 92-5, and Resolution No. 93-101,—preliminarily approving the Engineer's Report and setting a public Information meeting and public hearing on August 24, 1993 and September 14, 1993, respectively. /c "jMi:WI:I?Y_: Resolution No. 93.100 Resolution No. 93-101 Agreement Preliminary Engineer's Report August 25, 1992 - Agenda BM:dls counciPM3.1001m PROPOSED BOUNDARIES VALENCIA INDUSTRIAL CENTER. SIGNAL DISTRICT NO.91-1 CRY OF SANTA CLARITA 10 u.s�.'+ /W,w""w'iYMHYgy aorr! COUNTY OF LOS ANGELES ,/ STATE OF CALIFORNUs ...... a To Is � SOBIIIEflN CKIf°RNIA I�1; 5[ALGr. 10°0 Ep15°N Y -%� I. 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