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HomeMy WebLinkAboutCity Council - 1358 RESOLUTION NO, 1358 A RESOLUTION OF PRELIMINARY DETERMINATION AND OF INTENTION TO FORMI PARKING DISTRICT IN THE CITY OF HUNTINGTON BEACH .AND TO ISSUE BONDS TO PAY THE COSTS AND EXPENSES THEREOF. PING DISTRICT NO, 1. RESOLVED, by the City Council of the City of Huntington Beach, California, that WHEREAS, a verified petition for the formation of Parking District No. 1 of the City of Huntington Beach} signed by the owners of real property in the proposed district, as shown by the last equalized assessment roll used by the City for purposes of City taxation, owning real property of an assessed value of not less than fifty-one percent (51%) of the total a.ssened value of Y all taxable real property in the proposed district as shown by the assessment roll, and owning taxable land in the proposed district constituting not less than fifty-one percent (51%) of the total area of all taxable land therein, has been filed in the office of the City Clerk; WHEREAS, the City Clerk and City Engineer have examined said petition and have certified to this Council that said petition is signed by the requisite number of qualified signers and is sufficient; WHEREAS, on the 19th day of January, 1959, this Council adopted Resolution No, 1356, A Resolution of Approval and Agreement to Terms of Petition for the Formation of Parking Reso, No, 1358 District No. 1, and Directing Preparation of Report, wherein said Council approved said petition, found that said petition had been signed by the requisite number of qualified signers and is sufficient, agreed to allocate and pledge that portion of the net revenues of on-street parking meters proposed to be allocated and pledged in said petition, determined that the public interest, convenience and necessity require that parking meters be continued to be maintained as proposed in said petition, and directed the preparation of a report, as required by Ordinance No. 689, An Ordinance Relating to Vehicle Off-Street Parking Districts, adopted by this City Council on June 2, 1958; WHEREAS, said report has been prepared and filed in the office of the City Clerk and has been read and considered by this Council, and preliminarily approved by Resolution No.. 1357 A Resolution of Preliminary Approval of Engineer's Report Pursuant to Ordinance No. 689, adopted by this Council on January 19, 1959; NOW, THEREFORE, IT IS HEREBY RESOLVED, DETER11INED and ORDERED, as follows: 1, That the public interestt convenience and necessity require the acquisitions and improvements herein described, and that it, intends to order the formation of Parking District No. 1, and to issue bonds in the amount and for the purposes hereinafter stated. 2. That the name of the proposed District is Parking District No. I of the City of Huntington Beach. _2" Reso, No, 1358 3. That the boundary of the proposed district is generally described as set forth in Exhibit "A" hereto attached and by reference incorporated herein. 4. That the parking places proposed to be acquired are generally described as follows: PARKING LOT NO. A Lots 4, 5 and 6, Block 104, Hap of Huntington Beach, Orange County Records, California. PAWYCING LOT NO. B Lots 4,5,6,7 and 8, X33OX Block 103, Hap of Huntington Beach, Orange County Records, California. PARKING LOT NO. C Lots 1,3,5,7 and 9, Bloc?- 203, Hap of Huntington Beach, Orange County Records, California. PARKING LOT NO. B Lots 22, 24, ,26 and 28, Block 204, excepting rear portions of Lots 26 and 28 occupied by existing building, Hap of Huntington Beach, Orange County Records, California. 5 All of said work and improvements are to be con- structed at the places and in the particular locations, of the forms, sizes, dimensions and material's, and at the grades and elevations, as shown and delineated on the plans and specifications to be made there- for and filed in the office of the City Clerk, reference to which is hereby made for a full, detailed description of such proposed work and for further particulars. 6. That the improvements proposed to be made or con- structed on said proposed parking places are the removal of all existing buildings and structures which cannot be utilized in the operation of the off-street parking lots, grading, -3- Reso. No, 1358 including the removal of Obstructions, and the construction thereon of pavement, curbs,driveway approaches, drains, car bumpers, parking meters, painting and signs; and the making of all acquisitions and the constructing of all improvements and the performance of all work auxiliary thereto and necessary to complete same as off-street parking facilities. Said improve• ments may be constructed by the City or acquired as constructed, 7. That the estimated cost is as follows.- Cost of Acquisitions 237050 Cost of Improvements 67,785 Cohtingencies and Incidental Expenses 429365 TOTAL 348s000 Less City Contribution None TOTAL ESTIMATED COST 348000 8. That the assessed valuation of the taxable real property within the proposed district, as shown on the last equalized assessment roll used by the City of Huntington Beach for purposes of City taxation is $ 888,262—. 9. That an estimate of the average annual gross revenue which may be expected to be derived from the operation of the proposed parking places and of the average annual cost of the maintenance and operation of said parking places, and of the net revenues to be derived therefrom, are as follows** Average annual gross revenue $ 6250 Average annual cost of maintenance and operation $ 1000 Average annual net revenue 5250 Reso„ No. 1358 10. That an estimate of the annual net revenues which can be expected to be derived from the parking meters on the streets within the Parking District from which moneys will be available to make payments towards the principal and interest of the bonds, and any other pnrposes authorized by the law, provided to be made pursuant to the pledge, is as follows; Average annual net revenue 10,570 11,, That the amount of money which it is proposed the City contribute towards the cost and expense of the acquisitions and improvements herein proposed is none. 12. The foregoing statement of the amount of City contribution shall not prevent the City from making additional contributions or further pledge to the project from any available funds, before or after the issuance of the bonds herein, or to the interest and redemptien .fund to be created therefor, pursuant to the authority provided in Article XI, Section 18-1/4 of the Constitution of the State of California, or any other lawful authority. 13. It is proposed that bonds be issued in the amount of 1 348,000 and that the maximum number of years the bonds are to run is thirty -five (35) years, and that the .maximum rate of interest to be payable thereon is not in excess of six percent (6%) per annum. 14. That the limits, as stated in the petition, as to time and rate upon any ad valorem assessments which may be levied upon the taxable real property in the disti-ict,-:1or the purposes permitted pursuant to said Ordinance No. 689, are none. 'a rm" Reso. No, 1358 15. The City shall continue to maintain, parking meters as long as any of said bonds or interest thereon remain unpaid on the following public ways within the District-, Southwest side of Ocean Avenue between 1st Street and 11th Street, the Northeast side of Ocean Avenue between 3rd Street and 5th street, Northeast side of Walnut Avenue between 3rd Street and 5th Street, Southwest side of Walnut Avenue between 3rd Street and the alley Northwest of Main Street, Southwest side of Olive Avenue between 5th Street and the alley Southeast of Main Street, both sides of Uain Street between Ocean Avenue and Orange Avenue, and the Southeast side of 1st Street between Ocean Avenue and Olive Avenue, 16o It is proposed that said parking meters be maintained as long as any of said bonds or interest thereon remain unpaid, subject to the provisions of said Ordinaneet ralating to the elimination of parking meters or any thereof. The City shall also install and maintain parking meters on other such public ways within the Parking District as the City Council shall from time to time find and determine that the pu'blic interest ' convenience and necessity require to be installed and maintained. 17. The City shall pledge, allocate and. pay annually all5of the annual net revenues to be derived from the off—street parking facilities to be required. and constructed from the proceeds of the bonds to be issued pursuant hereto, to pay the principal of and interest on said bonds as the same shall come due. 18. The City shall pledge, allocate and pay annually to the payment of the principal of and interest on the bonds to be issued pursuant hereto, that part of the annual net revenues to be received by it from the parking meters now or _64* Reso. No. 1358 hereafter located on the streets within the Parking District within said City that is necessary to pay the balance of the annual principal of and interest on the bonds as they shall come due. 19. The City shall annually levy upon all of the taxable real property within the off-street parking district created pursuant hereto such annual sum as is necessary to pay the remaining balance of the principal of and interest on any of the bonds to be issued pursuant hereto, which have or shall accrue before the proceeds of another such levy shall be avail- able therefor, that is not provided to be paid from the proceeds of the annual net revenues of the off-street parking facilities to be acquired from the proceeds of said bonds and from the foregoing pledge of and from the annual net revenues to be derived from said street meterv. 20. Reference is hereby made to the report on Parking District No. 1 dated January_19 , 1959, on file in the office of the City Clerk, 21. The petition provides that the City Council is authorized, at any time and following a hearing after such notice thereof as it may prescribe, to determine that no parking place commission shall be appointed for said district, or to dissolve such commission if it has already been appointed. 22. These proceedings are had pursuant to the Parking District Law of 1951 as modified by Ordinance No. 689 entitled "An Ordinance Relating to Vehicle Off-Stre6t Parking adopted by this Council on June 2.Districts". 1958. -7w* Reso, No. 1358 23. Notice is hereby given that Monday the 2nd day of March 1959, at the hour of 8:00 o1clock P.M. at the Council Chambers, City Hall, Huntington Beach, California, are hereby fixed as the time and place when and where the Council will consider and finally determine whether the public interest, convenience and necessity require said acquisitions and improvements and when and where it will consider and finally act upon the Engineer's report to which reference is herein made, and when and where the Council will hear and deter- mine all protests filed. 24. Any person interested and objecting to the formation of the Parking District, the extent thereof, the in— clusion of his property therein$ the proposed akcquisitionvand improvements, the issuance of bonds, or to any other proposal in the Resolution of Preliminary Determination and of Intention, may file a written protest with the City Clerk at any time prior to the time fixed- for hearing. 25. The City Clerk shall give notice of the adoption of this resolution and of said hearing by publishing a copy of this resolution once a week for two successive weeks in the Huntington Beach News, a newspaper of general circulation printed and published in said City, the first publication to be at least 30 days prior to the date of the hearing. 26. The City Clerk shall cause a copy of this resolution to be posted on or near the Council Chamber door or on a bulletin board in or adjacent to the City Hall, at least 30 days before said date of hearing, 'eso. No. 1358 27. Not less than 25 days prior to the date of hearing, the City Clerk shall mail a copy of this resolution, postage prepaid, to each person to whom real property in the district is assessed as shown on the last equalized assessment roll on which City taxes are collected, at his address as shown upon the roll, and to each person, whether owner in fee or having a lien upon, or legal or equitable interest in, any real property in the district, whose name and address and a designation of the real property in which he is interested, is on file in the office of the City Clerk. PASSED AND ADOPTED by the City Council of the City of Huntington Beach, California, at a reaulir meeting thereof held on the 12th day of January 1959. i. ATTEST: LI City Clerk Reso. No. 1358 EXHIBIT nA" Beginning at the point of intersection of the southwesterly production of the southeasterly line of 6th Street and the mean high tide line of the Pacific Ocean, being in Section 14, Township 6 South, Range 11 West, S. B. B. & M. ; thence northerly along said produced line of Pith Street to the northeasterly line of the Pacific Electric Co., trackage ease- ment, said point being 55 feet, more or less, southwesterly of the southwesterly line of Ocean Avenue; thence northwesterly along said trackage right-of-oway line to its intersection with the southwesterly production of the southeasterly line of Ilth Street, said point being 35 feet, more or less, southwesterly of the southwesterly line of Ocean Avenue; thence northeasterly along said produced line of Ilth Street and along said line to the northeasterly line of Ocean Avenue; thence southeasterly along said line of Ocean Avenue to its intersection with the northwesterly line of Lot 2. Block 106; thence northeasterly along said lot line to the southwesterly line of an alley paralleling Lots 1 through 10, said Block; thence northwesterly along said alley line to its intersection with the southeasterly line, of an alley abutting on Lots 11 through 28, said Block; thence northeasterly along said last alley line to its inter» section with the southwesterly line of Lot 15, said Block; thence southeasterly along said lot line to its intersection with the northwesterly line of 6th Street; thence northeasterly along said line of 6th Street to the northeasterly line of Walnut Street; thence southeasterly along said line of Walnut Reso, No, 1358 Street to the northwesterly line of an alley traversing Blocks 205 and 305; thence northeasterly along said alley line to its intersection with the northwesterly prodution of the south— westerly line of Lot 23, Block 305; thence southeasterly along said produced lot line and said line to and along the south— westerly line of Lot 24, Block 304, to the northwesterly line of the alley in said Block 304; thence northeasterly along said alley line to the southwesterly line of Orange Street- thence southeasterly along said line of Orange Street to the south— easterly line of Main Street; thence southwesterly along said line of Main Street to its intersection with the southwesterly line of Lot 24, Block 303; thence southeasterly along the south— westerly line of Lots 23 and 24, said Block, and said lines produced southeasterly to the southeasterly line of 3rd Street; thence southwesterly along said line of 3rd Street to its inter— section with the southwesterly line of Lot 16, Block 302; thence southeasterly along said lot line and said line produced south— easterly to the southeasterly line of the alley traversing said Block 302; thence southwesterly along said alley line to its intersection with the northeasterly line of Lot 3, said Block; thence southeasterly along said lot line and the southeasterly production thereof to the southeasterly line of 2nd Street; thence southwesterly along said street line to its intersection with the southwesterly line of Lot 26, Block 201; thence south- easterly along said lot line to the northwesterly line of the alley traversing said Block 201- thence southwesterly along said alley line to its intersection with the most southerly Reso. No. 1358 corner of Lot 22, Block 101; thence northwesterly along the southwesterly line of said Lot 22, to the southeasterly line of 2nd Street; thence southwesterly along said line of 2nd Street to its intersection with the northeasterly line of Ocean Avenue; thence southeasterly along said line of Ocean Avenue to the westerly line of Huntington -Avenue; thence southerly along said line of Huntington Avenue and its southwesterly projection as A Street to its intersection with the mean high tide line of the Pacific Ocean; thence northwesterly along said tide line to the point of beginning; all in the City of Huntington Beach, as said lots and blocks and streets are shown on the Map of the City of Huntington Beacht Orange County Records, California. R.eso. 1358 STATE OF CALIFORNIA COUNTY OF ORANGE ssr CITY OF HUNTINGTON BEACH I, JOHN L. HEDRICKSEN, the duly elected, qualified and acting City Clerk of the City of Huntington Beach, and ex-offieio Clem of the City Council of said City,, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is five; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 19th day of January, 195% by the following roll call votes AYES: Councilmen: Lambert, Bryant, 219M Waites, Irby. f NOES: Councilmen: Norse. ABSENT: Councilmen: Terry. GKv m EE-,HICKS ... City Clerk and ex-officio Cleric of the City Council of the City of Huntington Beach, California