|
|
 City of Hermosa Beach --- 04-25-00
PETITION FROM RESIDENTS TO FORM
Recommendation: Approve funding for preliminary engineering and direct staff to work with SCE and return with contracts for project consultants.
Background: In accordance with your direction, staff provided start up assistance to a committee of residents in the area bound by Monterey Blvd., Palm Dr., Pier Ave. and 10 th Street to initiate the petition process to form an underground utility district and assessment district to pay for the costs. A copy of the petition is attached for your review. The proposed district includes a total of 63 parcels. The returned petitions show a total of 39 in favor of the proposed district, which is 61% of the proposed district. The next step is to develop a cost estimate for the proposed work. This was the longest part of the process in the two districts under construction now. Staff will be working with SCE to keep this moving along as fast as possible. The City Council advanced the preliminary engineering funds for both the Loma and Myrtle districts which were paid back when the bonds were sold. If the City Council approves this advance, it would also be recovered after a successful assessment district is formed. If the district failed, there would not be any recovery. The amount per district was $15,000. Staff will confirm the amount of the required deposit with SCE. Once the engineering work has been completed, the formal assessment process will be started. In order to move the proposed district along, staff would intend to engage the same team of consultants that have worked on the other two districts at the start of the project.
|
|
|
|