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HomeMy WebLinkAboutOld Business #3 9-08-87· DATE: SEPTEMBER 1, 1987 TO: WILLIAIM HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTIMENT/ENGINEERING DIVISION SUBJECT: EAST TUSTIN ASSESSMENT DISTRICT NO. 86-2 RECOMMENDATION: That the Tustin City Council at their meeting of September 8, 1987 approve the Irvine Company's request to amend the original petition to form the East Tustin Assessment District No. 86-2 to include that portion of Jamboree Road improvements between the northerly Tustin City Limits and Santiago Canyon Road subject to final review/approval of the City Attorney. BACKGROUND: In June, 1986, the City Council accepted the Irvine Company petition requesting the formation of a second Assessment District {No. 86-2) to finance the design and :onstruction of certain infrastructure improvements within the District. This initial District consisted of lands only within the Tustin City limits. Jamboree Road as it relates to the District and also referred to as the North- South Road extends from Irvine Blvd on the south to Santiago Canyon Road on the north in the City of Orange. A portion of this roadway lies outside of the City of Tustin and within both the City of Orange and the unincorporated territory of the County of Orange. DISCUSSION: The attached letter from the Irvine Company requests that the petition for the East Tustin Assessment District No. 86-2 be amended to include that portion of Jamboree Road outside of the Tustin jurisdiction within the Assessment District No. 86-2. This portion of project roadway is located between the northerly Tustin City limits and Santiago Canyon Road and is within the jurisdication of both the City of Orange and the County of Orange. This requested amendment would allow the vehicle to provide for the road improvements to be constructed as one project. The addition of this segment of roadway construction to Assessment District No. 86-2 will not put any additional financial burden on existing or future Tustin property owners within the District. Irvine Company has indicated that the cost for said work will be borne by the City of Orange Assessment District No. 86-1 on the westerly side of the roadway and by future developers/Irvine Company on the easterly side of the roadway. The requested City Council action will be to approve the Irvine Company's request to amend the original petition to form East Tustin Assessment District No. 86-2 to include that portion of the Jamboree Road improvements between the northerly Tustin City limits and Santiago Canyon Road subject to final review/approval of the City Attorney's office, Director of Public Works/City Engineer BL/1 g cc: Ron Wolford Jerry Otteson Norm Witt, Irvine Company -- : --: ~" DEVL=LOPM~'I' COMPANY August Z7, 1987 Mr. Richard Edgar, Mayor r iE(Jr"lVt:: Tustin City Council Members City of Tustin 300 Centennial Way ~G ~9 lgB7 Tustin, CA 92680 ., SUBJECT: EAST TUSTIN ASSESSMENT DISTRICT 86-2 JAMBOREE/I-5 INTERCHANGE AND MYFORD I/50VERCROSSING NORTH/SOUTH ARTERIAL (JAMBOREE BOULEVARD) Dear Mayor Edgar and Members of City Council: On June 16, 1987, the Tustin City Council accepted a petition requesting formation of a second assessment district for East Tustin to finance the design, engineering and construction of infrastructure improvements. Improvements proposed for this district 'include a portion of the Jamboree/I-5 Interchange, traffic signals on Irvine Boulevard, the North/South arterial and related infrastructure improvements for the East Tustin area. In addition, the assessment district will permit the construction of initial road and drainage improvements, traffic signals and utilities in the remaining portion of the East Tustin Specific Plan area. All of the property subject to the assessment district is owned by The Irvine Company. The desirability of completing the construction of the North/South arterial into County and recently annexed City of Orange territory as part of this assessment district was recently discussed with City and County staff. Based on those discussions, we are formally proposing an amendment to the petition previously accepted to include the extention of the North/South roadway into the City of Orange and unincorporated territory in the County of Orange from Tustin city limits to Santiago Canyon Road. The attached exhibit depicts the extension of this roadway to Santiago road. The proposal has been reviewed with City of Orange staff who have indicated their support for the concept. Prior to the City of Tustin confirmation of the district, both the City and County of Orange will be requested to execute Consent of Jurisdiction documents. We are prepared to advance funds to the City to offset costs incurred by the City prior to the district's formation and bond sale. These funds will pay the costs of the assessment engineer and attorney, as well as project costs, until the sale of bonds is complete. To this end, an Agreement for Payment of Costs for Infrastructure Improvements, East Tustin Assessment District 86-2 was entered into by and between The Irvine Company and the City of Tustin on December 15, 1986. 550 Newport Center Drive,'P, O, Box I, Newport Beach, California 92658-8904 (714) 720-2000 A Division of The Irvine Company Mr. Richard Edgar August 17, 1987 Page 2 The Assessment District proposal is a contribution of needed infrastruc- ture improvements for the East Tustin area, and is a confirmation of our commitment to finance the backbone infrastructure in this area. Your support of our amendment to the petition would be very much appreciated. In the meantime, please feel free to call should you have any co~llents or questions. Since~ ly, ?i ~, C. Keith Greer Vice President ~ANYO! CHAPMAN ~..~ _~L~NYON · IAGO AVENUE ! . PORTOLA [WAY LEGEND ---- STREET | IMPROVEMENTS --"'"-- STORM CHANNEL LA COI. INA FACILITIES ROAD O TRAFFIC SIGNALS ~ DETENTION BASIN mVmE .... AD BOUNDARY NOTES: 1.28% of Tustin Ranch/I-5 Interchange cost to be funded by AD 86-2 2. Includes full cost of regional 13_icycle/Ecluestrian Trail ,~1 Proposed Assessment District 86-2 N.T.Sf ql J EXHIBIT 'A'