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HomeMy WebLinkAbout0532.093• " ~ 'i ~r :J ~ 'j " ~ , , • "' October 7. 1993 T"rlE HONORABLE crTY COUNCIL Palo Alto, California -~",.~, .... ", ... ----- Second PUblic Hearing and Resolution Req~_rding California Aven'.Je Parking Assesgmeont District No. 9.~ __ :-13 for Califor-nia Avenue Business District Parking StrtJ,cture_ CIP 19213 Members of the Council: Reoort in Brief This hearing is the second end last public hearing required to form the assessment district _ This report recommends that Council conduct a public hearing and adopt a resolution {At.tachment 1) adopting the Engineer's Report, overruling protests and confirming the assessment for :~e California Avenue Business District parking garage on Cambl;-idge Avenue. Background On September 27, 1993 Council held the first of two req--lired pub::ic hearings (CMR:S04 :93'. No action was required by Council other than to open the public hearing. receive public input and close the public hearing. At the September 27, 1993 meeting, ataff reviewed the history of the ~roject; described the new parking structure, its estimated cos~. schedule and required public noticing. Prior to c~:'lsing the pl';' 1:'-hearing, four persons spoke and forty-four petitions were r"' =e_ ".red i:-, fa'J"or of the prGj ect whereas three persons spoke and one petition was received opposing the project. In order to proceed with forming an assessment district f_or a new parking structure, Council must hoJd a second public hearing and adopt the Resolution Determining Convenience and Necessity, OVerruling Prot.ests, Adopting the Engineer's Report, Confirming the Assessment~ Ordering the Work and Acquisitions and Directing Actions ..... ith Respect Thereto {Attachment I}. This r"esolution overrules protests, adopts the final Engineer's Report containing the assessment roll; boundary map diagram, asseSSTr.ent amounts, methc:3. of assessment and Technical Report supplement. Future Actions S': -f plans to return on October 25, 1993, with a resolution -1- • 9 -' a'..lthori2;ing the issuauce of bonds and approving the official statement. Then the official statement ~ill be distributed by the financial advisor to the pot-er.t ial purchasers of th~ bonds. It describes the projec~, the bonds and provides information about the City and the assessment district. The bonds 'IN"ill be gold in November, and staff will z-eturr:. to Council with a recommendation to award the con~truction COntract and the sale of bonds on No\tember ."22, 1993. construction ot the project will begin in 3arly J4nuary and be completed in October 1994. Public Outreach Staff has mailed infozmational letteys, placed notices in the Palo Alto Weekly, to inform the prope:rt.y owners of the two public hearings and posted flyers along evert st.reet. 'Within the district. Also, staff has held two property owner informational meetings to provide details of the project s!".d answer q-I.lestions. Four property owners attended th€ first meeting. Quest ions raised expressed concern about the total number of new pa~king spaces. the cOst pe~ n~w space, the need for the structure ~nd the method of assessment. Maintenance Costs Mainten~~ce costs for the new structure will be paid by revenues from the sale of califo.l'nia Avenl.!e Business Dist.rict parking permits. Staff estimates the: total annual maintenance cost of the garage will be abou~ $94 per space for a total of 195 garage spaces or about $19,.400. The total annual mair.tenan,:-e cost of the district jg estimated to be: $52,000 + SUi, 4Q.Q $70,400 Existing district a'1nual maintenc)nce cost& excluding Lot 3 Annual mainten~nce coses for new parking garage Total annual maintena~ce coses in district ...... it:h ne ....... ga:r"age The total annual revenue colle~ted by the sale of yearly parking permits exceeds the total estimated annual ma:i.ntenance costs for the Cal ifcrnia Avenue Business District. inch!ding the new parking structure. Bnvironmental Asse~sment A negative declaration (Negative Declaz-ation No. 92-E!A-26) for the project was approved by Council on January IS, 1993. No further environmental review is required. ReC9mmenda~::lop Staff recorrunends that Council open the second public hearing,. receive public input, close the hearing and adopt the attached CMR,S32,93 -2- • Determining Ccnv~nience and NecessitYr OVe~ruling Adopting the Engineer' £: Report, Cor.f irrr,ing the Ordering the Work and Acquisitio~s and Directing Resolutior-. Protests, .~seBBment r Actions with Respect Thereto. Respectfully submitted, PAT STONE Senior Engineer ~~-- Acting Assistant Director of Public Works IJ-,J~ GLENN S. ROBERTS Director of Public Works Attachments: Resolution Engineer's Report cc: CAADA Soard of Directors Evergreen Park Neighborhood Association -3- , o RESOLUTION NO. A RBSOLUTION OF THE CITY COUNCIL or THE CITY OF PALO J,.LTO DETERNIUINO CONVENIENCE AND NECESSITY 1 OVBRRULING PROTES~S~ ADOFTING ENGINEER'S REFORT, CONFIRMING THE ASSESSMENT, ORDERING THE WOR!:: ANn ACQUISITIONS AND DIRBC~ING ACTIONS WITH RESPECT THERETO FOR CALIFORNIA AVENUE PAMING ASSESSMBNT DISTRICT NO. 92-13 The City Council [the ·council'") of the City of Pdle Alto {the "'City") does RESOLVE as follo .... 's: SECTION 1. On AuguSt. .9, 1993, this Council adopted Resolution No. 7230, A Resolution of Preiirninar,i' Determination a."1d of Intention to !1a.ke Acquisitions and lmprovements for the California Avenue Parking Assessment District No. 92-13 (the '"Resolution of Intention"). and in it directed the Engineer of Work to make and fil~ a report in writing <the "'Engineer-'s Report·) as therein specified. SErTIQN 2. The Engineer'S Repcrt was made and filed. and con:sider~d by this Council and found to be sufficient in every p5rticular, whereupon it was determined that the report should star~d as the Engineer's Report for all subsequent proceedings under and pursuant to the Resolution of Int~ntion~ and, as required by la\ol'~ this Council has conducted two public hearing; to take testimony and for-hearing protests in relat ion to the proposed acquisitions and improvements and th€ l~'vy of assessments therefor, notices of which hearings were mailed, posted and published all as required tr.l law and all persons interested and desirino; to be heard WEre giv~n an opI;:"ortunity to be heard, and all matters a:ld things pertaining to the acquisitions an.:) improvements were fully heard and considered by this CC'..Lncil, and any protests~ both \IoTitt"€r~ ajld oral, were d .... ly heard. SErTlon 3. This Council ~xpressly finds that the t,lublic interest, convenience and necessity re'-IUire that the acquisitions and improvements described in the Resolucion of Inteucion be made and, consequently, that the provis:'_ons of the Special J>.ssessment Inv~stigation, LiIT'.itation and Majority Pretest Act of 1931,. Division 4 of the Streets and HighwdyS Code of Cali fornia, shall not apply to the proceedings unde!" the Resolution of In.tention. SECTIQN 4. The owners of one-balf of the area to be assessed for the cost of: the acquisitions and imprc,vements did not. at or prior to the time fixed for the: hearir.gs, file writter. protests against the proposed aCq',J,isitions and impz-avements or the grades at which the wOI-k is proposed to be done, as a whole or as • to any pal"t ,(hereof, or against the district or the extent thereof to be assessed for the costs and expenses of the acquisi t~ons and improvements, a;; a whole or as to any part thereof. or against the engineer's. estimate of costs and expensE's. in whole or in part, or agairlst the maps and descriptions. in ..... :hole or in part. or against the diagram or the assessment to pay for t.he costs and expenses thereof, in whole or in part and the protests and each of them are hereby overruled. SG;f'TION S. The district b,=nefited by the acquisitions and improvements and to be assessed to pay the costs and expenses thereoL and the exterior boundaries thereof, are as shown by a map thereof filed in th~ office of the city Clerk, which map is made a ~r~ hereof by reference th~reto. SErTION 6. Based on the oral and documenta.ry evidence. including the Engineer's Report. offered and received at the heari;}gs, this Council expressly finds and determines t.bat~ ia) each of the several subdivisio!1s of land ""ill be specially benefited by the acquisitions and improvements at least in the amount, if not more than the amount, of the assessment apportioned against the subdivisions of la:J.d, respectively; and (b) tbere is substantial evidence to support, and the weight of the evidence preponoera.tes in favor of, tne finding and determination as to special benefits. SECTION 7. The Engineer'S Report, including the plans and specifications for the proposed improvements and estimated assessments against each parcel of land within the Cali fornia Avenue parking Assessment District No. 92-1), and any revisions thereto; is hereby approved. Final adoption and approval of the Engineer's Report as a whole. and of the pla~s and specifications. maps and descriptions of the lands and easem€nts to be acquired r estimate of the costs and e.x:pense5~ and the assessment.; as contained in the Engineer'S Report~ as her~inabove determined and ordered. is intended to and shall refer and apply to the Engineerrs Report~ or any portion thereof, as amended. modified, revised or corrected by, or purs\j.ar.t to and in accordance with, any resolution or orderr if anYr heretofore duly adopted or made by this Council. SECTIQN e~ The acquisitions and improvements describ~d in the Resolucion of Intention be made. and that the assessment to pay the costs and expenses thereof is hereby levied upon each of th~ taxahl e parcels of land 'Wi thin in the California Avenue parking Assessmer.t District No. !t2-13 in accorda.nce with tne assessment formula specified in the Resolution of Intention, which formula is hereby approved. and to which forrnl..lla reference is hereby made for fUL-ther particulars. SE.r'T'IQN 9. The City Clerk shall forth'..:ith cause to be delivered to the official of the City wh~ is the superintendent of Streets of the City a copy of the Engineer' S Eeport containi ng -2- I o the assessment and a description of the method of apper-Cionroent of the asses~ments as herein approved and the Sup~r intendent of Streets shall file the same in his or her office a~d the Sdrne shall cO::lstitute the assessment roll in and for these proceedings. The City Clerk shall al~Q cause to be filed with the Recorder of the county of Santa Clara a notice of 6ssessrnerl': subs~_ant ially in the form specified lY.f Section 3114 of the S~rEets a::1d HighwdYs Code of the St.ate of califo .. -nia and duly executed by the City Clerk. From the date of recording the notice of assessment, all persons shall be deemed to ha .... e notice of the contents of the assessment herein ccnfirmed. SECTIQN 1Q. Jurisdiction is hereby expressly reserved by this Council to authorize the issuance of i~provement bonds under Bond Plan Or Section 13.16.150 of Chapter-13.16 af Tie-Ie 13 of the Palo Alto MUnicipal Code . • • • * .... ., ........ !~"TRODUCED A...ND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: APPROVED: City Clerk Mayor APPROVED A..S TO FOR.l>1: JONES BALL HILL & ~rnITE. A professional Law corporation City Mdnager By, -- Stephen R. casaleggio. Bona Couns~l -3- --~---:-:~-----....... -Director of Finance Senior Assistant City Attorn€'f T I ,~ : -'<-,-" ..• .-. ", ,', ~,. ":', ,~~-:,-;-:~{;: , CALIFORNIA AVENUE PARKING ASSESSMENT DISTRICT NO. 92-13 CALIFORNIA AVENUE PARKING STRUCTURE FINAL ENGINEER'S REPORI CITY OF PALO ALTO SANTA CLARA COUNTY CALIFORNIA OCTOBER 1993 '--~----< CONTENTS Assessment ..... _ ........................... , ................... , ................ . Assessment RolL, ........................................ . 3 ~ficates ..................................................................... . 8 Assessment Boundary MJp and Assessment Diagram................... 9 Description of Assessment Di.r,trict Boundary ...... __ ........ ........ ..... 10 Description of Project. ...... ' ............................................... . 12 Engineer's Cost Btirna!".......................................... 13 Method of Assessment..................... ............................... 14 PJans and Specifications......................... ............ ......... .... . J 7 " • _oj ':~&~-' "~L'. ~ '. ' .. :";.:; .' ,.:~ - ASSESSMENT \VHERE..a..S, on August 9, 1993, the City Counci! of the City of PaJo Alto, California, pursuant to the provisions of Chapter 13.16 of Title 13 of the PaJo Alto Municipal Code (the -Act-) adopted its Resolution of Preliminary Determination and Of Inte-ntion No. 7230 for the acquisition and/or construc~on of the p.ublic improvements more panicularly therdn described; WHEREAS, the Resolution directed the underslgneO 1.0 mak~ and file a report presenting • general description of any works and appliances already inslalled and any other properly necessary or convenient for the operation of the improvements, plans and specifications for t.~e proposed construction, estimate of C05ts~ maps and deSCriptions of lands, and diagram and assessment of and upon t1le subdivisions of land wilhin the assessment district, to wbich Resolution reference is hereby make for further particulars; NOW. THEREFORE, the undersigned. by virtue of the pcwer vested in me under tile Acts and t1le order of tile Cl~ Council of the City, hereby make the following asse.iSlTlenls. to cover the portioa of the estimated cost of the acquisitions, work and ~mpro\'ements and the costs and expenses incidental thereto to be paid by the aOS5essmenl district. The amount to be paid for the acquisitions., ~'ork and improvements, and the expenses inciderltal thereto, is as follows: !;;NQINE!:;R'S EST[!;1AT!;; \1 ) (2) 13) As Prehmin'llru}, As Fw.Uy Confirmed As Mooified After Approved and RecllTded Recorda!ioo Cost of Improvements $ 1,411,000.00 $ 1,125,000.00 Contingencies $ 212,000.00 $ 169,000 Incidental Expenses S 3&3,000.00 $ 450,000.00 Costs of Issuance $ 389,000.00 $ 311,000.00 TOTAL COST: $ 2,395,000.00 S 2,055,00.00 Estimated Contributions $ "·00.00"'''' $ --*00.00" Estirnared Earnings on Improvement Fund $ **00.00""" $ ""jtOO.OO"''' BALANCE TO ASSESSMENT: $ 2,395,000.00 $ 2,055,000.00 -1- , • I I ~ ~ I A i 1 i -, -\- o And I do hereby assess and appor'Jon the portion of total amount of the cos.ts and expenses of the a~llisilion.s.. work and improvl!!menls upon the several ;OI.S, piect:s or p..-ucets or portions of lots or subdivisions of land liable therefor and benefited. thereby. and hereinafte:r numbered 10 the respectively, in accordance with the benefLts to be received by such sutxiivisiuns, respectively from the acquisitions and improvements, and nlorc particularly set forth in the list hereto attached atld by reference m !lde a part hereof. As r~uired. by the Act, a diagram tS herett) attached showing the asseS3rnent district and a] so the boundaries of the respective subd i visions of land wi thi n the assessment district as the same existed at the time of the passage of the Resolution, each of which subdivisions having been giv~ a separate number upon the diagram. To the dimensions of the parce1s, reference is made to maps of record in the Office of the County Assessor of the County of Santa Clara. The asseSSffi'!:nt is made upon the .several subdivision of land wilhin the assessment district in proportion to the estimated benefils to be received by the subdivisic·ns, respectivel)' from the improvementsaccQruing to \he method ofass,essmcot set forth in the C?J~fornia Avenue Parki;Jg Assessment District No. 92-13 Assessment Formula-Technical Report (October, 1993) by Angus McDonald & Associates a5 file<! with the Cit) Clerk of the C;ty of Palo Alto. The diagram and assessment numbers appearing herein are the diagram numbers appearing on the Assessment Diagram and Boundary Mal>, to wh.kb reference is hereby made for il more particular description of the property. Each subdivision of Ia..,d asses.sed is descn'bed in the assessmerll list by reference to its parcel number as sbo~m as the As.sessor'$ Map Qf the County of Santa Clara fOT the fiscal year 1992-93 and includes all of such parcel excepting those portions thereof wir11in e"(isting public road purposes. for a more particular description of the property, reference is hereby make (0 t.'le deeds and maps on files of the record in the: office of the County Recorder of said County. Notice is hereby given that serial bonds 10 represent 'Unpaid ac,sessments and bear interest at the rate of not to exceed twelve percent (12%) per annum, or such higher nne cf interest as may be authorized by applicab!e.law at the time of saTe (If such bonds, will be issued hereunder in the manner provided by Bond Plan G, Section 13. 16. 150 of the Act the last in stan men t of which bonds shaH mature nollo exceed twenty-five (25) years from their date, or such date as shaIl be determined by t1le Council in the resolutions providing fOT their issuance. \ , , . ~~~4~~ :6kCtOfOfUblic ~ .. .,~ City of Palo Alto -2· .- .. , ._- 0 ASSESSMENT A$$ESS!'.-tE!'-;T ASSESSED UPON (Ji r:) ~"lI~iU.a.." ;.sn,-.o.L!..Y """"" . ...-oV[1) cm.:m'lUl ",,-'D -, M""BOOl< P .... (';E""O PAACE\..NO IECO'I'lED" , ....... 1lOU..U$ 1 CQ"1"J '0. ""'""" ; C£'oTi 1 124 n 002 772\64 638.79 2 124 28 003 1,022:56 848: 17 3 124 28 004 1,096\42 891 \62 4 124 n 050 9,506\03 7,845:03 5 124 28 009 1,486;52 1,216j45 6 114 28 010 1,983j 19 1,622:16 7 124 28 Oil 7,143:85 5,902\39 8 124 32 002 1,177\20 96{62 9 124 32 003 2,124;57 1,747,60 10 124 32 005 3,544:35 2,894;99 11 124 22 006 2,898\71 7,367;02 12 124 32 007 2,89Sj7l 2,367;02 13 124 32 008 871:34 716,83 14 124 32 009 2,071;67 1,694,73 15 124 32 010 1.509:47 1,248:99 16 124 32 011 1,160; 8 I 95(25 17 124 32 012 2,211\S9 1,Si3)5 18 124 32 013 0:00 0;00 19 124 32 021 0;00 0;00 20 124 32 020 0:00 0\00 21 124 32 019 1,819;79 1,488:35 22 124 ·32 018 597;73 494'22 23 124 32 017 910151 744)60 24 124 32 016 645\20 530\ 10 25 124 32 015 3,114PS 2,546,95 26 124 32 014 243:00 20U6 27 124 32 049 1,92(07 1,572;30 28 124 32 048 626\ D6 514;57 29 124 32 047 1,864)87 J ,522~O2 30 124 32 046 5,315'32 4,371·24 31 124 32 045 6,165j36 5,034,44 32 124 32 044 3,319;73 2,71::35 aCOL\.tII1t C2). rt!P£J'UVD C'Ol.1}Io4~ 11) .. 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CE NO Ii.o.11C£l. ~a 1lC'(l~f)fl)o , ~~ I NO [lOU-US I-:.'OTI , OO~~ .: -:E"n ~ C90TS ~~ iCf:.>,Tl: OHE >OU.AU , ,.1 33 124 32 043 1,357) 17 1,115:08 (1 34 124 32 042 405i56 335j21 " I 35 124 32 041 2,446181 2,004~29 , i 36 124 32 051 1,501:82 1,226:79 ~1 37 124 32 052 1,990: 88 1,627:72 ! 38 124 32 054 985)61 809j25 39 124 32 056 1,303i81 1,068:46 40 124 28 036 3,237;"5 2,648:49 41 124 28 046 749,58 6[7)03 42 124 2g 047 : (I) : (1) 43 124 28 045 5,0 641« 4, 18( 19 44 124 28 027 2,584 99 2,113,:02 45 124 28 028 2,515;43 2,055;72 46 124 28 029 2,09Oi03 1,70 7/,0 47 124 28 030 2,09Oi03 1,707:60 48 124 28 031 555:23 460'54 49 124 28 032 1,0901 74 6701 SO 124 28 033 6,421:23 5,297:42 51 124 28 034 5,759:04 4,737;92 52 124 28 035 598: 85 492;46 53 124 32 034 4,9 37 iJ9 4,054:64 54 124 "32 035 2,682:49 2,199:64 55 124 32 036 2,216:22 1,812m 56 124 32 037 3,959132 3,244 57 57 124 32 038 1,766;63 1,446:03 58 124 32 039 1,896,81 1,552'05 59 124 32 040 2,393:80 1,969:01 60 124 33 061 1,773j51 1,456:87 61 124 33 oos 1,332:93 1. \05;62 62 124 33 012 1,246180 1,020:46 63 124 33 013 1,480:60 1,21i,74 . 64 124 33 014 1,21413 6 99545 ----,- • IXILlAO a,o-w~ COLlJlolX (r) (lfln<:'hock.:l ""ilb No, 41, 12';"':' ... -C'O'LllIr.UI (J1-1tlP£It.SI::DES COt.UWM Ol., or cou . .,.", (lOlF ~ D BUo'-t:.: -4, --.-~"",,,"'~. -..0.--..--~ __ -- " \ , ,', ' ( it 8 ,....., ~ ASSESSMENT page---l-of-L_ ASSESSME:l'"T ASSESSED UPON (I) (2) (3) PA YME.··o'TS .4$ f'f.njM1N ..... n. v .o,.s fL"<IU Y 4J ","OOlfIUl ''' .. <"rU' ".,...,. . --co.-.;~'~"'E!) .... 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Of ct>LL'oW" [~I If ellS IIL!\N'( -5, -'IQoro;.., ___ -' ---.-~ .. j '-" ~. • --r-----~~~~~r_~~~_+.~~(S3)~~ PAYMENTS .. 5 lMJDIHlD ~ 1'.E('OIl;DAT'l()i'j- • ( < "'. ASSESSMENT ASSESSED UPON (I) ,\J "EllWIl'A1I.lL Y ....,..... ","OViD """""" MAP BOOX. PAGE NO. "'AACEl-i'iO L '''''~ I 'OO.!LoW ! a/'oTl "0. , 88 124 33 026 0:00 89 124 33 025 870[26 90 124 33 006 3,220[69 9! 124 33 005 2,247:81 92A 124 36 032 0:00 928 124 35 033 0:00 92C 124 36 034 0:00 92D 124 36 035 0;00 92E 124 36 036 000 92F 124 36 037 0[00 92G 124 36 C38 0:00 92H 124 36 039 0;00 921 l24 36 040 0[00 93 124 33 055 8,036[25 94 124 33 047 1,544[23 95 1'24 33 046 3,605:69 96 124 J 33 06S 7,672[91 97 124 33 043 5,686[43 98 124 33 042 3,443:91 99 124 33 041 484[70 100 124 33 040 1,314184 I , j , [ , , , , .. Ci:lU.IMfoj m -IW?(Jl.SU)D 0l1-lJM!" III _~(J)_~CCU-:"j,Q(Cl.OFalU'Mi"~IIIfr.Iti!iI""')j1: -7- ASS.ES.SME~T (2) II,,!; n~'.u.LY {,()M1J::MED"'''t> ... ,,~o.:vo ........, ! n.",., 000 724~ 16 2,631:00 1,858[06 0:00 0[00 0;00 0'00 0,00 0:00 0[00 0:00 0'00 6,595]54 1,261:97 2,979:54 6,312;57 4,644'57 2,818,76 402'04 1,090[61 ; , , , - 1 j , p.~_5_or_5_ (i1-PAYM.a~'TS .u "IClDlflEO !>FTD. ~ECORI:1":tI()_ ~Uft' = 'm 00""",, " .. m -- CITY OF PALO ALTO CALIfORNIA AVENUE PARKING ASSESSMENT NO. 92-13 ~ERllf!CATES This Engineer~5 Repon. il'lc3uding the Assessme:1t, was filed in the office of the City Clerk of th.e City of Palo Alto, California on , 199_. City. Cl.::rk City of Palo Alto This E,.'gineer',s Repo~ including the Assessment. was approved and coiiftrmed by the City Council on the City of Palo Alto, California, on . 199_ and reference is hereby made to the individual assessments contained in the Engineer's Repmt as filed in the office of the Director of P\Jblic Works (as the Superint<ndent of StreetS of the City of Palo Alto) for Ule method of assessment and the a.mounts of su.ch assessments. City Clerk Ci ty of Palo Alto This Engir~'s Report, indl.!.'iliog the Assessmenl and related di.agram was recorded in the office of the Director of Public Works (as the Superintendent of Streets) of the City of Palo All", California, on _ /,,-V . 1992'. -8- 4~,h~~ Director of Public Works City of Palo Alto • ,_--..1L- :1 "0 u I Real ,---- \ -9- • .. \ , , , t .:. = z • .0 ~ " = 5 • = Z ; • ro • .. , • ~ '- "" ·_Kq-i '-* o CITY OF .ALO ALTO CALIFORNIA AVENUE PARKING ASSESSMENT DISTRICT NO. 92-13 DESCRIPTION OF ASSESSMENT DISTRICT.!H2]J@ARY EXIDBIT A The exterior boundaries of the area benefited by the proposed projeo' 10 be accomplished by the California A venue Parking Assessment District 92 -13 an: shown on the A ssessmcnt Diagram and Boundary Map and described as fo \lows: SEGlNNlNG at a point on the northeasterly Hne of EJ Camino Real, said point being 120,00 feet southeasterly from the point of intersection t1:!ereof with the southeasterly line of Shennan Avenue; Thence leaving said northeasterly hne nonheastr:rJy, parallel to Sherman A venue 435.63 feel; Thence northweslerly~ paral1e! [0 said northeasterly line of El Camino Real, 25.00 feet; Thence northea:s!erly. parallel 10 Sherman Avenue, 146.00 feet to a point in the centerHne of Ash Street; Thence southeasrerly, along said centerlin~. 19.00 feet; Thence northeasrcdy, paralJeI to Sherman Avenue, 317 feet ± to a point i~ the centerline of Birch Strte!; Thence southeaster! Y I along said last named centerline 6.00 feet; Thence northeasterly, parallel to Sherman Avenue, 426.57 feel to a point in the centerline of Park Boulevard; TItence northwesterly aJong said last named centerline 150.00 feet to the intersection thereof with the centerline of Sherman A venue; Thence northeastedy along said last named centerline 125 feet ± to the point of iniersection L"tereof with the soulhwesterly right-of-way line of the Southern Pacific Ra;lroad; Thence nOnhwesterly along said last named right-of-way line 353 feet ± to a point in the centerline of CaIifornia Avenue; 'Thence northeasterly along said last named centerline 75 feet ± to the point of intezsection page I cf2 -10- .. thereor witll t11e cen!erline of Park Boulevard; " ,,- ...... , --­<CO;' 'J_"'~ ,,' ,--. Thence nor..hwesterly along said last named centerline 500 fee.t ± to a point on a line whkh is parallel to and distant 135.71 feet northwesterly from, measured at right angtes tO I the northwesterly line of Cambridge Avenue; Thence SOIJiliwesterly. paraBeJ to Cambridge Avenue 167.79 feet; thence 5Outheasterly, at right angles 35.71 feet; Thence soutllwesterly, parallel to Cambridge Avenue, 1157,30 feet; Thence nonhwesterly. at right angles. 134.05 feet to a point on the southeas:erly line of College Avenue; Thence southwesterly. along said last named line, 245 feet ± to the point of intersection the.eaf wiL'l the northeasterly line of El Camino Rea]; Thence sourheasterly along saJd northeasterly line 1093 feet ± to the Point of Beglnning. Said District is; shown on attached "EXH1BIT B". and made a part hereof. Contair.ing an area oi 34.7 acres, more Of less. END OF ASSESSMENT DlSTRICT BOUNDARY DESCRIPTION page 2 of 2 -11- / Q CfTY OF PALO ALTO (''''. 1~0P,--"':!A A ,\'E'~JE PARKING ASSESSMENT DISTR1CT NO. 92-13 DESCRIPTION OF PROJECT The California Avenue Parking Structure consists of a two-level (ground plus. one story above) public parking structure in the caJifornia Avenue Business District. Presently. the dl!Signated site, Jocated on the south side of Cambridge Avenue, between. Birch Street and Nogal Lane, is occupied by Ci'y Lo, 3, which encompasses all of Santa Clara County Assessor's Parcel Number 124-28-51. The proposed p.1Tlcing structure will be constructed to the property lines to allow for the maximum amount of parking spaces. This required a zone change from PF, Public Facility and CC{2), Corr.munity Commercial, to a PC. Planned Community Distric!~ including zem lot Tinc developmenl. The parking garage will be a concrete structure with three TOWS of concrete columns. 18 feet on center supporting the second level. One row of concrete columns will be along Cambridge Avenue. one along New Mayfield Lane, and the third row of columns will run down the renter of the building. Concrete beams will span between the columns supporting the second level concrete slab deck. Additionally. there will be a shear wall along Cambridge Avenue and a shear wall along New Mayfield Lane at the midpoint of the building. \\'here the parking structure abuts. the pC1:'i. ofiice and the hardware store. concrete masonry walls. will be constructed. The proposed ex.terior of the structure includes brick veneer over concrete, pre-casl architectural concrete panels with and without inlaid brick, landscaped planter boxes, and metal trellis at various locations. The planting areas run almost the entire length of the structure. along Cambridge Avenue, approximately 200 feet of the proposed 250 foot lengtFt. The exception is for vehicle and pedestrian access areas where no planters will be present. The current City Lot 3 consists of a total of 90 parking spaces, which includes 3 ha..-idicap, 31 compac~ and 56 standard s!alls. The proposed parldng struc'"re will have 186 public parklng spaces of which 88 wm be Slandard, 92 will be oompac', and 6 will b" handicap accessible spaces (includes 1 van accessibie space). The ground level will be approxirr..ately 27,400 sq ft consisting of 34 standard spaces, 40 compact spaces, and 6 handicap accessible spaces. The second level will also be approxima'ely 27,400 sq. f<. consisting of 54 standard spaces. and 42 compact spaces. The outside dimensions or the building will be approximately 250 feet by III feet, and the to!al square footage will be approximately 54,964 square fee,. ·12- '. CITY OF PAlD ALTD California Avenue Parking Assessment District No. 92·13 California Avenue Par'k:inQ Suucture. CIP 119213 FllllAlj;NGII\IEER'S_~STlI'M>U Date: October 4, 1993 L Parking S1JUC'Wr. Projaet Cost: Per Bid fmm Hodgson.,C..Qru~ TOTAL CONSTRUCTION COST SITEWORK. STRUCTURE Contingency -Construction TOTAL CONSTRUCTION COST WITK 15% CONTINGENCY II. Project Management and Engineering Adminjstfation~ Resident ~n$pe eto;, Testing and Inspecti.,n EngimJEcring Design (stafO Engineering Design (consultant) En9~r1eering Construction (.staff) Engineering Construction (consultal"lt) Subtotal III. Costs of Issuance Bond Counsel Financial Advisor Pnnting (OIS &. Bonds) PaYing Agent Fees (1 SI year) Miscenaneou 5 Subtotal (\I. RQerve Fund ~5%1 V. Undftrwriter~s Oiscount i2.0%' VI. Capitalbed Interest 19 months: 12/93·9/2/94116.5%11 PAR AMOUNT OF BONDS ·13· $95.000 $30,000 10 1220.000 10 1105.000 130.000 122.500 $7.500 $3.500 13.470 '1.125.000 $169.000 $1.294.000 $450.000 $66.970 $102.750 $4',100 $100.180 $2.055,000 , '"; :~" ~ .". o CITY OF PALO ALTO CALIfORNIA AVENUE PARKING ASSESSMENT DlSTRrCT NO. 92-13 The proceedings rannula to be used in detennining the annual apportionment of benetits in the levy of annual assessments upon the real property w:thin the proposed assessment district is based upon the· weighted assessm~nt formula developed as part of the 1983· 84 Callfomia Avenue Study by the consulting firm of Angus McDonald &. Associates ,""orking with property owners in the C~ifomia Avenue area parklng assessment district '~Dlstrict"). This formula was updatr..d and revised by Angus McDonald &, Associates for use with Parking ,.~ssessment District 92-13. The proceedings formula is based uPOl1 three main poiflts: L A property's major benefit is. the value of the number of parking spaces, which it does net have to provide on-site. 2. NOt every parcel's parking. dema.nd <:onforms uactiy to the average; therefore, a moderating element which considers the total size of the parcel is justified. 3. Properties which have been in the District for a longer time have been paying more for tl1e benefit received, and such past payments should be taken Lnlo consideration. A parcel's parlcil'lg deficiency (or its burden on the District) is calculated by first calculating the total parking requirement for the parcel under City ordinances generally then in effect. By subtracting the number (if any) of spaces provided OIl-site. this would lead to the number of spaces wh{Ch the Dlstrict must pro .... ide. The financial concept of discounting, wbicn reflecls Ihe compounding effect of innatlor., is used as the first step in valulr.g past payments inlo the District While the actual calculations are complex, the underlying concept is one doliar in the future would be equal to an amount Ie::.,;, than one doUar i1l the present. The concept is used to determine the present value of a dollar paid in each year. The base year J968 was established, as this was the first year of G-Bond payments. (Since the E-Bonds apply to all properties on "~e ; .. <is of "">e.,sed property value, City Staff agreed that no adjustment was neces.sary for payments towards these bonds.) P.as.t payments into the Bond Plan G were further weighted according to the dollar amount of tile District's oor-.ded indebtedness in each year, and according to the spread of the burden. The: total bond amount was used as a surrogate for actual annua! payments, SO that the weightlng system is consistent throughout. The District's lotat parking deficiency in each year was used as a 'Utrogate for actual assessable sqUMe feet under Ule Bond Plan G, also for the sake of consislency over time. -14- ...... The combination of the rliscounted vallie of a dollar in each year with the bonded indebtedness and the spread of the burd~n for that year results in a series of weights. The earlier a development staned paying into tile Bond Plan G, the iower lhe as~igned weight. The weight is C2JTied by tile prcperty, not by the owner. SO is not revised if a property changes hands. ff a development has been expanded or otheJV.Iise mooitied since the beginning of payments, t.~e apprcpriate weight is assigned to each phase of the development. jf a change in use increases the parcel's patking requirement, the amount of the assessment will incTeasei. The larger t~e amount of a new bond, lhe more equal are the weights assigned to older and newer developments. The ~'eight is multiplied by the parcel's parking deficiency. resu!ting in a ~~s:sessment fKtru: for each par.:el which is equivalent in function to the -as.o;essable square feet-used in the existing Bo."Jd Plan G formula. The District's sum of weighted as5ejsmenl factors is divided into 75 percent of the annual assessment amount to yield the parking/use assessment rale. The sqlJare feet of land in the District are summed and divided into 25 percent of the a.T1nuaI assessment amount to yield the land assessmellt rate. The amount paid by each parcel IS equal to L~e product of its weignted assessment factor (parking detkierlC)' multiplied by the wejght) atld me parking/use assessment rate, plus its. land square footage multiplied by the land asses.s.ment rate. Each property pays according to its share of the total number of parking spaces which must be provided by the Dis-tricf, moderated by its share of the total land area in the District. The formula is as foHows: where, [Parking deficiency multiplied by the weight representing the year of flI'St payment into the Bond Plan GJ all multiplied by the parking/use assessment rate PLUS the land square foorage multiplied hy the land assessment rate, PQI'king deficiency equals (toW parking reqiliremeN for the parcel under city ordinances genern.lly then in effect, minus the number of par'lcing spaces provided on-site). The expression ( ) yields the number of parking spaces required by that parcel. 'Ibe expression (] yields the weighted assessment factor for each parcel. Summing these factors gives the total weight factors for the Districf. This lotal is divided into 75 percent of t.~e assessment amount to be raised, yielding the parking/use assessm~nt rd.te. The advantage of this fonnula is tl'Iat it relates the assessment amourU directly to the number of spaces which a par~l would have 10 provlde on-site if it was not in the assessment district, while recognizing the real value of past paymenls towards those spaces. The incl\JsLon of tand -15- -----,~------ o. , • , • CITY OF PALO ALTO CALIFOIlNlA AVENUE PARKlNG ASSESSMENT DISTRICT 92-13 PLANS AND SPEClfICATlO~S Plans."d Spe<;ifica!ions of L~' proposed California Avenue Parking Structure, CIP #19213, as prepared by I1Hernationa! Parking Design and the City of Palo Aho, Publi~ \Vorks Depa.rtment·Engineering Division~ are bereby incorporated into Ihis Engineer~s Report. A detailed description of the improvements is set forth in the "Description of Work" oonta:ined in this Engineer's Repon. Reference is hereby made to L'le plans and specifications in and for the assessmeflt proceedings on file in the office-of the City Clerk of L~e City of Palo Alto (71b floor) and Public Works Department·Engineering Division (6!h floor). The plans and specifications are too voluminous to be bound With tllis Englneer's Report. ·17· , I .