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HomeMy WebLinkAboutRDA CONST REIMBUR 10-16-95 RDA NO. 3 10-16-95 Inter-Corn ,.)ATE: OCTOBER 16, 1995 TO: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR FROM: COMMUNITY DEVELOPMENT DEPARTMENT SUBJEC~ NEW-PORT CAMINO PLAZA/TRACT 14914, CONSTRUCTION REIMBURSEMENT (NEWPORT CAMINO PLAZA, 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 provisiQns 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 E1 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'." 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. Senior Planner CAS:br:DF:TT14914.DF ChristineVA. Shi~leton Assistant City Manager Attachment A: Cost Details ATTACHMENT A- COST DETAILS UNDERGROUNDING SERVICE IN ALLEY 13~ NEWIH:)RT AVENUE, SOUTHERN CALIFORNIA C(X,INT%ES OXL 1. Removal of Existing Overhead Service 2. Convert Existing Subpane[ 3. Reconvert from power pole to pane[ at vault Profit & Overhead (15%) Subtotal 1042 B(]NITA STREET 14914 ) $975.00 $2,850.00 S375.00 t~30.O0 1, 2. 3. 4. Excavation, backfill/compaction of trench 60' a $21.50/foot SCE 3" PVC ducting 60' a $5.00/foot Asphalt patch of trench 135 sq.ft., 4.9 tons @ $75.00/ton Conversion by electrician Profit & Overhead (15%) Subtotal 1064 BONITA STREET $1,290.00 $300.00 $367.50 $468.00 $363.83 11 2. 3. 4. Excavation, backfill/compaction of trench 48.5' @ $21.50/foot SCE 3" PVC ducting 48.5' a S5.00/foot Asphalt patch of trench 67 sq.ft., 2.4 tons @ $75.00/ton Conversion by electrician Profit & Overhead (15%) Subtotal GENERAL ITENS S1,042.75 $242.50 $180.00 $1,744.00 $481.39 $3,690.64 1. Traffic Control 2. General Repairs, Fence Relocation Profit & Overhead (15%) Subtotal $255.00 $50.00 $45.75 $350.75 1. Labor/Taxes/Wire/Service Switch, $23,801X 20% 2. Vautt, $8,200 x 5% Subtotal CABLE ~/ Labor/Taxes/Wire PACIFIC BELL $4,760.20 $410.00 $5,170.20 1. Labor/Taxes/Wire, $9,063 x 20% Duct Work/Trenching ~btota[ Sl,812.60 $825.00 GRA~ID TOTAL $19,928.52