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HomeMy WebLinkAboutRDA 3 TRACT 14914/NEWPORT CAMINO PLAZAC ,AGE14 Ast Ifrot RDA NO 3 10 -16 -95 DATE. TO: OCTOBER 16, 1995 WILLIAM A HUSTON, EXECUTIVE DIRECTOR FROM: COMMUNITY DEVELOPMENT DEP gTMEN�� Inter -Corn APPROVED STAFF RECOMMENDATI0�1 -0--)c) f0 SUBJECT NEWPORT CAMINO PL A /TRACT 14914, CONSTRUCTION REIMBURSEMENT (NEWPORT CAMINO P ZA, LTD ) RECOMMENDATION It is recommended that the Redevelopment Agency appropriate from the Town Center Debt Service Fund and authorize the Executive Director to reimburse the property owner for a portion of the undergrounding utilities costs associated with the construction of Newport Camino Plaza in the amount of $19,928 52, subject to execution by the property owner of a claim release verifying that all costs have been reimbursed and no additional requests will be made subject to approval by the City Attorney FISCAL IMPACT Pursuant to the provisions of the reimbursement a total maximum Agency assistance of $19,928 52 is proposed from the Town Center Redevelopment Project Area Debt Service Fund BACKGROUND In July of 1995, the City Council reviewed and approved Tentative Tract Map 14914 to authorize the development an 18 000 square foot retail center on 1 92 acres in the Town Center Redevelopment Project Area at the southeast corner of Newport Avenue and El Camino Real Condition 1 13 of Tentative Tract Map 14914 states as follows "The applicant shall be responsible for undergrounding all existing overhead utilities located in the alley along the northerly side of the project including removing existing utility poles and restoring utility service underground to the affected properties on the north side of the alley subject to entering into a reimbursement agreement with the City of Tustin Redevelopment Agency to recover the associated costs of undergrounding the utilities on the properties on the north side of the alley, subject to approval of the Community Development Department, Public Works Department and the City Attorney's office Costs associated with the removal of the existing power pole located approximately 275 feet east of Newport Avenue and located in the middle of the proposed driveway on the east side of Building A shall not be subject to reimbursement by the Agency " 0 Redevelopment Agency Report Newport Camino Plaza /Tract 14914, Construction Reimbursement October 16, 1995 Page 2 Construction of the center has now been completed, including the undergrounding of utilities in the alley and restoring utility service underground to the properties on the north side of the alley. The property owner is requesting reimbursement for those costs determined by Agency staff eligible for reimbursement and which are associated with undergrounding of utility service in accordance with the conditions of approval The Engineering Division has reviewed the applicant's cost information and substantiated the cost detail for each affected property to arrive at the total eligible reimbursement amount which is included in Attachment A CONCLUSION The proposed reimbursement reflects the Agency's commitment to reimburse the property owner for undergrounding utility service on affected properties on the north side of the alley impacted by the development of Newport Camino Plaza Cost details submitted by the property owner have been corrected and the Engineering Division has recommended actual reimbursement amounts determined eligible and which reflect the level of Agency assistance anticipated by conditions of project approval It is recommended that the Redevelopment Agency appropriate from the Town Center Debt Service Fund and authorize the Executive Director to reimburse the property owner for a portion of the undergrounding utilities costs associated with the construction of Newport Camino Plaza in the amount of $19,928 52 Daniel F , AICP Christine A. Shiv,leton Senior Planner CAS br DF TT14914 DF Attachment A• Cost Details Assistant City Manager ATTACHMENT A— COST DETAILS UNDERGROUNDING SERVICE IN ALLEY (TR 14914) 13922 NEWPORT AVENUE, SOUTHERN CALIFORNIA COUNTIES OIL 1 Removal of Existing Overhead Service $975 00 2 Convert Existing Subpanel $2,850 00 3 Reconvert from power pole to panel at vault $375 00 Profit 8 Overhead (15 %) $630 00 Subtotal $4,830 00 1042 BONITA STREET 1 Excavation backfill /compaction of trench 60' a $21 50 /foot $1,290 00 2 SCE 3" PVC ducting 60' a $5 00 /foot $300 00 3 Asphalt patch of trench 135 sq ft 4 9 tons a $75 00 /ton $367 50 4 Conversion by electrician $468 00 Profit 8 Overhead (15 %) $363 83 Subtotal $2,789 33 1064 BONITA STREET 1 Excavation backfill /compaction of trench 48 5' a $21 50 /foot $1,042 75 2 SCE 3" PVC ducting 48 5' a $5 00 /foot $242 50 3 Asphalt patch of trench 67 sq ft , 2 4 tons a $75 00 /ton $180 00 4 Conversion by electrician $1 744 00 Profit 8 Overhead (15 %) $481.39 Subtotal $3,690 64 GENERAL ITEMS 1 Traffic Control $255 00 2 General Repairs, Fence Relocation $50 00 Profit 8 Overhead (15 %) 545.75 Subtotal $350 75 SCE 1 Labor /Taxes /Wire /Service Switch $23 801 X 20% $4,760 20 2 Vault $8 200 x 5% $410 00 Subtotal $5,170 20 CABLE TV Labor /Taxes /Wire $460 00 PACIFIC BELL 1 Labor /Taxes /Wire, $9,063 x 20% $1 812 60 2 Duct Work /Trenching $825 00 Subtotal $2,637 60 GRAND TOTAL $19 928 52