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HomeMy WebLinkAbout97-103 - Adoprting General Plan Amendment GP-97-03ARESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ADOPTING GENERAL PLAN AMENDMENT GP -97-03A, AMENDING THE GENERAL PLAN OF THE CITY OF COSTA MESA. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the General Plan was adopted by the City Council of the City of Costa Mesa by Resolution No. 92-27 on March 16, 1992; and WHEREAS, the General Plan is a long-range comprehensive document which serves as a guide for the orderly development of Costa Mesa; and WHEREAS, by its very nature, the General Plan needs to be updated and refined to account for current and future community needs: and WHEREAS, General Plan Amendment GP -97-03A makes appropriate changes to the text of the General Plan to reflect the Fairview Park Master Plan; and WHEREAS, a public hearing was duly held by the Planning Commission on November 24, 1997, in accordance with Section 65355 of the Government Code of the State of California, all persons having been given the opportunity to be heard both for and against said amendment GP -97-03A to the General Plan; and WHEREAS, this Council deems it to be in the best interest of the City that said amendment to the General Plan be adopted; NOW, THEREFORE, BE IT RESOLVED by the Costa Mesa City Council that the General Plan is hereby amended by the adoption of General Plan Amendment GP -97-03A, amending the text of the General Plan as set forth in Exhibit "A", attached to this resolution. BE IT FURTHER RESOLVED that an initial study was prepared pursuant to the California Environmental Quality Act. Although the proposed project could have a significant effect on the environment, according to the initial study and the Negative Declaration, which reflect the independent judgment of the City of Costa Mesa, there will not be a significant effect on the environment because mitigation measures have been added to the project. Additionally, the evidence in the record as a whole indicates that the project will not individually or cumulatively have an adverse effect on wildlife resources or habitat. PASSED AND ADOPTED this 15th day of December, 1997. ATTEST: 2L4� T. Deputy Ci Clerk of the City of Costa Mesa Mayor of the City of a Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ► ss CITY OF COSTA MESA ) APPROVED AS TO FORT CITY ATTORNEY I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 97- lz2 5 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on the 15th day of December, 1997. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 16th day of December, 1997. l Deputy Cit Clerk and ex -officio Clerk of the City CoYincil of the City of Costa Mesa EXHIBIT A The text of the Biological Resources and Open Space Subelements of the 1990 General Plan is amended as shown on the following pages. BIOLOGICAL RESOURCES Costa Mesa's largely developed nature belies the variety of wildlife and natural vegetation located within and adjacent to the City limits. The following sections will inventory and discuss these resources in greater detail. FLORA AND FAUNA A majority of Costa Mesa's valuable biologic resources are located in areas free from large scale development intrusion. Areas such as these are found in western Costa Mesa near the Santa Ana River (Figure 15). Additionally, the agricultural fields in northern Costa Mesa support a unique animal community related to field crop production. Although directly related, the City's vegetative (flora) resources and animal (fauna) resources will be described separately. Flora Prior to man's intense occupation of the area within what is now Costa Mesa, the ground was probably covered with a wide variety of native grasses with small sagescrub communities along the coastal bluffs and canyons. What remains of this natural environment is not representative of conditions at that time. The grasslands on the mesa at the Fairview Park site and Santa Ana River lowlands have been significantly altered by the introduction of nonnative grasses; grazing, agricultural production and discing; and frequent human activity. Adjacent sage - scrub communities have been disrupted by bluff erosion and grading while the smaller riparian community near the Santa Ana River has been impacted by efforts to channelize the river for flood protection purposes. In spite of these alterations, examples of all three communities (grassland, sage -scrub and riparian) can be found in limited amounts within the present City limits. In addition, a detailed description of these and other plant communities broken down into finer categories can be found in the Fairview Park Master Plan. This document includes descriptions of sensitive species and habitats not included below. and it is hereby incorporated by reference. at low elevations on flat plains or gent: of clay -bearing soil. A list of plants community is included below. Grasslands are generally found s hillsides having a deep layer generally associated with this TABLE 6: PLANTS OF THE GRASSLAND COMMUNITY Common Names Johnson grass Spear grass Beard grass Cactus Brome grass Golden -top grass Wild oat Slender wild oat Yellow mustard Technical Names Sorghum halepense Stipa speciosa Andropogon saccharoides Opuntia occidentalis Bromus mollis and rubens Lamarckia aurea Avena fatua Avena barbata Brassica campestris 53 LO I fill' Lim IIS �� �i, j'= ,�v�/'1��► ��,��.!`�•`� X111 I���I@ � 1 •: � tai=�� _;�Illl j+.�-'-�` !lll • � _ I rt LO Fauna Based on paleontologic records, it appears that Orange County was inhabited by a wide variety of wildlife ranging from bison, jaguars, camels, wolves, ground sloths, bears and sabre-toothed cats to shrews and rats. The skeletal remains of a nearly perfectly preserved mastodon was excavated in 1962, near the intersection of Boa Vista Drive and Nevis Circle, However, as was the case of Costa Mesa's vegetative heritage, today's range of wildlife has been substantially reduced to those species which have adapted to close human contact. What remains today is an abbreviated predator -prey food chain consisting of squirrels, voles, white -tail kites, redtail hawks, occasional coyotes and numerous dogs and cats. The dominant form of wildlife is the California ground squirrel (Spermophilus beecheyi). There is a direct relationship between the type and diversity of plant materials found in an area and the type and diversity of wildlife supported by this vegetation. The plant communities on the County of Orange Talbert/Fairview Park and the City's Fairview Park sites offer seasonally important sources of food for migratory birds, occasional nesting and feeding sites for sea and shore birds. In the same area, the bluffside vegetation and thickets provide habitats for more reclusive species of birds, mammals and reptiles. Some of these species which inhabit the remaining undeveloped lands within Costa Mesa are unique and of special interest. An example is the burrowing owl (Speotyto cuniculara). Observations of the owls have been reported on the Costa Mesa Golf Course and Country Club, on the slopes of the Corona del Mar Freeway, and on the Orange County Fairgrounds. The burrowing owl is a wild indigenous species of predatory bird which uses abandoned rodent burrows for nests, currently on the Audobon Society Blue List of rare birds. Two other species which are becoming increasingly rare in the area occupy the County's parks and City's Fairview Park. The first, Coast horned lizard (Phrynosoma loronatum), is extremely rare in this area. Second is the reclusive trapdoor spider, found along the bluff edge feeding on small ground dwelling insects. These spiders are found in higher concentrations on the park site than elsewhere in Orange County. Provisions to retain a natural area for the spiders are included in the development plans for the park. One sFftest sensitivesignifieant species which frequents Costa Mesa is the California least tern (Sterna albifrons), included on the State and Federal list of endangered species. Although the primary nesting sites for the least tern are located farther south at the mouth of the Santa Ana River, the pond south of Victoria Street provides an occasional feeding area. The pond is of such importance that it has been proposed as an "essential habitat" for the tern colony by the United States Department of Interior, Fish and Wildlife Service. Other water fowl such as ducks, geese, grebes, gulls and shorebirds are also attracted to this pond. Based on biological studies prepared as part of the Fairview Park Master Plan, numerous other sensitive species have been found at the park. Detailed accounts of these species found in that document are hereby .incorporated by earlier reference. 57 A general list of wildlife species which are known, or are presumed to inhabit Costa Mesa is provided in Tables 9 and 10. URBAN DEVELOPMENT EFFECTS The degree to which Costa Mesa's natural biologic resources have been altered is an unfortunate by-product of rapid urbanization. What remains of the area's native vegetation and endemic wildlife is only a small sample of the City's once rich biotic environment. Continued development of the agricultural fields in northern Costa Mesa, infill and recycling of vacant and undeveloped lots in other areas of the City will not reverse this trend. Although the impacts of urban development are often attributed to private development interests, it will be public projects which will have the greatest impacts on Costa Mesa's remaining natural resources. The possible extension of 19th Street across the Santa Ana River would reduce existing habitat acreage but may upgrade the wetland habitat in the area as mitigation. Even—Tt-he planned development of Fairview Park will result in substantial beneficial modifications. A majority of the existing non-native vegetation will be removed and replaced with additional native California plants. Subsequent increases in human activities will further disrupt the ecologic processes of the area. Efforts to protect some of the City's valuable biotic resources have been initiated during the past few years. Other examples include the interest in the Santa Ana River lowlands and canyons by numerous public agencies. All of these areas have been acquired by the County of Orange and City of Costa Mesa to preserve for future public use and enjoyment. The California Coastal Plan indicates that the river lowlands and saltmarsh to the south are capable of restoration and are proposed as a regional park and wildlife habitat. At the Federal level, the Department of Interior Fish .and Wildlife Service has identified the pond south of Victoria Street as an "essential habitat" for the California least tern. Conservation of Costa Mesa's natural biologic resources can provide significant benefits. A program to reintroduce native plant material at Fairview Park and the Santa Ana River lowlands and canyons could reduce maintenance costs and responsibilities of traditional urban parks. Such a program may also result in an increasingly diverse annual population if protected from excessive human interaction. The retention of these publicly owned lands in relatively natural states will encourage the establishment of new ecosystems as varied habitats are created. Facilities such as these would provide unique educational and recreational experiences not found in most urbanized areas. uNoi aNi x X X x >C X W � O w O a1 � cn O 4 xx XXXX X XXXXXX xx xxxxxx x rn� So a a1 N N � N AS UWcn zU ••4�-1 •UNR N -IN O•�-1C �0 O �� -� r -I U N O rNI •�+ N N N C U) 4 N H �� , a UOOUrtf r -I 41 (0�� 1-1 w U O $4 •H 0Rf NU N �r1 N.V �+Q N rU-i N N(n UNGlN$4 N ri N N N U r -i $4 $4 N r1 �C N ri N r-1 rl O N P+ N 41 N r I N ri q� N 44 r1 (C N 1" �rrp�� N co Rf (n O C 31 o N 4j $1 Q U N N N'J i01 1,1N1�"•� r4 0 Sc0-1 w •� R7 S -t f� ri •rl I $a �1 U N Q N C 4: 1.1 1 W I-► cvn Ga�°nc��cnrn a°�a'r'&��zxx S-1 N N 1a) '2 P •r' I � U U r 1 •rl .Ca Z N ?� N N p M N C. •rl O O N O • 4 •.-1 O N N 8 R� !A 01 4-1 3 G U .I r1 4�1 N �iW O NUC 10 N OCN C -14 O di '7 rSN1 - r I 1 J-4 U) -14 p p� a 1 'l7 41 ftf >~ Q r -I OCC .[ WC U 4a 3C8'� XW N 4i a c0'O4a i N 1W ' •l rl •r 1 lN�.0 -r-4 0l U zS'�m�'wa'i���c`�c`���x°��u''ic`� c�n3t29888N 59 K, O w W r �m •r.4 N w� xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 82 0 N N M as ,4N a � U N rl r -I rl r-4 U RS 44 4-4 M Noff-Q1� fU-1 -I ��.2p UUP ro>a N W x N U rU-► � O 01 A A 44 T r Cl) ., c>Q N � 41 4Jfir, �O rUUU� O 0w 4 O 4.) 2 14 CO ae j 04 04 U m •� 0•rtU �S S -i fn O ol U � .,�i x .4G O Ul $4 C� C 3 U m S4 v 11 '3 �Q >1E' N1, $N.� yU� ' a N 47 1J i 1 U fH1 U c0 S�-r 0> > W 44-4 O N O wi 24 'd x 1 f1. E 1 i + O� �+ • i� 'Ui tU!) r�-1 • rn P. �II LL 0 t as ,4N a � •�' '� � Rf N W x w� �NU•UN USrI.1N� 4J Q, •U .0 X88 Rl ww r l T r Cl) ., c>Q N � 41 4Jfir, �O rUUU� O 0w 4 O 4.) 2 14 CO ae j 04 04 U m •� 0•rtU �S S -i fn O ol U � .,�i x .4G O Ul $4 C� C 3 U m S4 v 11 '3 �Q >1E' N1, $N.� yU� ' a N 47 1J i 1 U fH1 U c0 S�-r 0> > W 44-4 O N O wi 24 'd x 1 f1. E 1 i + O� �+ • i� 'Ui tU!) r�-1 • rn P. �II LL 0 t REFERENCES 1. General Plan (City of Costa Mesa) 1981 2. Environmental Resources/Management Element; City of Costa Mesa General Plan (City of Costa Mesa) 1978 3. Persons and Organizations consulted: 1. John Burke, Orange County Fairgrounds 2. Lisa Burke, County of Orange EMA 3. Dave Alkema, City of Costa Mesa Leisure Services Department 4. Fairview Park Master Plan, (City of Costa Mesa) 1997 63 minimum open space standards in all residential zoning districts and minimum landscape standards in nonresidential districts. 3. Park Dedication and In -Lieu Park and Recreation Fee Ordinance As authorized by the Quimby Act, the City has adopted and imple- ments an ordinance to require the dedication of land for park sites or the payment of fees in lieu of dedication to acquire or rehabilitate park sites 'in conjunction with new residential subdivisions. The initial ordinance and -fee program were adopted in .the early 1970's and have been amended and updated periodically. During the 1990 update of the General Plan, the City Council directed staff to explore the expansion of this program to include nonsubdivided residential developments. 4. Capital Improvement Program The most direct action program may be the City's Capital Improve- ment Program. Adopted as a part of the City budget, the Capital Improvement Program plans and allocates funds to acquire, develop and rehabilitate parks within the community. 5. Parks, Recreation and Open Space Master Plan Study In early 1991, the City Council directed staff to update the Master Plan of Parks and Recreation. The primary purpose of this update was to develop a detailed and comprehensive plan to address the long term park and recreational needs of the community. The draft Parks, Recreation and Open Space Master Plan Study was completed in late 1993 and accepted by the City Council in 1994. Upon acceptance of the study, City Council also directed staff to revise the study based on community input and Councilmanic concerns and to incorporate the master plan into this General Plan as an optional element. This was accomplished in 1996. In 1997, the City Council approved the Fairview Park Master Plan and updated the Parks, Recreation and Open Space Master Plan to reflect the new plan for the park. As noted earlier, the master plan study provides a new strategy to meet the majority of the community's long range open space and recreation needs through joint use of existing public school facilities. This strategy from the master plan and the policies contained within this subelement of the General Plan will serve as the basis for a long range action program to meet the open space and recreation needs of the community through the life of this plan. 6. Intergovernmental Cooperation The large amount of publicly owned land in Costa Mesa requires close coordination to ensure that existing land used for open space or recreational purposes are maintained. Cooperation is also required to ensure that future improvements to public lands are compatible with adjacent private uses. Examples of the need for this cooperation are the current plans for the improvement of the Fairview and Talbert Regional Park by the County of Orange; the Master Plan for the Orange County Fair and Exposition Center by the Fair Board; the possible school closures or sale of surplus land by the Newport -Mesa School District and Coast Community College District; and the continued use and development of the Fairview Development Center. Intergovernmental coordination is also necessary to realize the benefits of the regional Institutional Open Space Corridor and the joint use facility recommendations contained in the Parks, Recreation and Open Space Master Plan Study. 79 The text of the Parks, Recreation and Open Space Master Plan element of the 1990 General Plan is amended as shown on the following pages. Active Recreation Facility Siting Analysis: As part of the Master Plan preparation, a land analysis was conducted to identify potential locations for active recreation facilities within the City of Costa Mesa. The analysis provides few opportunities for new development as the City is near buildout, but the following sites were identified as having potential available acreage. As noted in the vacant land analysis, there are additional small parcels distributed throughout the City but they are too small for developing any suitable facilities and not economically feasible. ' Fairview Park ' Sakioka Farms Property ' Segerstrom Home Ranch ' Mesa Verde Drive East/Adams Avenue Site ' Orange Coast College ' Costa Mesa High School ' Estancia High School ' Harper School ' Lindbergh School ' Mesa Verde School ' Monte Vista School ' Wilson School ' Fairview Developmental Center Each of the individual sites are evaluated below: Site: Fairview Available Area: 211 Total Acres, (200 undeveloped) Potential Facilities: The inclusion of these facilities, "lighted baseball fields, lighted softball fields, and a gymnasium," on the park site is contingent not only on the agreed upon development concept but on available space, use of the adjacent school properties, environmental concerns, and City Council approval. Acquisition Costs: None Zoning: Institutional and Recreational District General Plan Land Use Designation: Public Use Location Suitability: Fairview Park is centrally located and easily accessible by all residents. Although this site is a candidate to house the potential facilities based on acreage alone, City Council has a�--I a fiatuFal—state. approved a master plan for the park which does not include any active recreation. Administrative Suitabilitv: City owned, no scheduling conflicts. 34 Site: Costa Mesa High School Available Area: 14.0 acres undeveloped; 18.0 potential availability Existiniz Facilities: Track; baseball fields (6); soccer fields (3); softball field; large turf area; swimming pool; outdoor asphalt multi-purpose courts. Potential Facilities: Lighted soccer fields (2) Acquisition Costs: None, Joint -Use Agreement Zoning: Institutional and Recreational District General Plan Land Use Desi nation: Public Use - School Location Suitability: The remaining 18 acres of agricultural land would be most appropriate for the development of soccer fields, as a Joint Powers Agreement and Site Specific Agreement already exists between the School District and the City for the use of existing baseball and soccer fields. Administrative Suitability: The difficulty in establishing a joint -use facility lies in scheduling and use conflicts. Site: Estancia High/Parsons School Available Area: 5.0 Acres Existing Facilities: Track; baseball fields (2);,softball field; tennis courts (8) and handball courts; large turf area; swimming pool; outdoor asphalt multi-purpose courts; soccer fields, (3) (to be improved in 1996). Potential Facilities: Softball fields Acquisition Costs: None, Joint -Use Agreement Zoning: Institutional and Recreational District General Plan Land Use Desi nation: Public Use - School Location Suitability: This school's adjacency to FaiFVieW Pads And Parsons School could possibly provide for shared use amongst the tkfee two sites. Administrative Suitability: The difficulty in establishing a joint -use facility lies in scheduling and use conflicts. 1< Fairview: This site could be planned as the City's premier park, to include a wide diversity of recreational opportunities encompassing natural passive parkland. The Master Plan for this site must addresses the distinctive character of the location and its adjacencies providing a park with unique citywide significance. The Santa Ana River, Nest# Talbert aiFN,iew Geunt . D l D Nature Preserve, and the bordering school properties all-sheald influenced the park design and layout. In addition, the site contains important cultural and natural features which sheer have been planned for future protection. An Interpretive Center sheer—lie has been incorporated which will serve to represent and educate users about the character of this park. To improve the appearance of the existing model railroad and enhance the experience riding the train, ` =FIE planning shoul the Fairview Park Master Plan incorporates passive parkland within and around the track loop and station. Based on the size of this park and the anticipated number of regular visitors, it has been determined that permanent rest room facilities will be required, the number, size, and location(s) to be determined through the Fairview Park Master Plan process. Due to eitywide needs f " youth athletis fie! , ffhe Fairview Park Master Plan sheuld examined design options and, if possible eest es6mates for athletic fields at the southwest area adjacent to Estancia High School and Parsons School. The development of active fields should be minifnal and shall , be ea in , + + �� with d PaFseas ` ` ' was rejected by the City Council. Location: 2525 Placentia Avenue Acreaze: 11.0 developed and 200.0 undeveloped acres Existinz Facilities: The site is primarily undeveloped, with the exception of 11 acres on the west side of Placentia Avenue which provide, thFeugh a 25 yeagFeemeat with the Orange Geuat", Model EagineeFs, parking, small turf areas, and the :newel railroad tr-aek a station, portable restrooms. The Costa Mesa Model Engineers overate the model railroad track and station on the east side of the park. Pro am: Park Master Plan................................................................$ 175,000 91,800 Total..............................................................................$ 17.51000 91,800 Improvement Costs: $ 175,009 9,231,900 47 TABLE 11: COMMUNITY CENTER AND PARK IMPROVEMENT COSTS Improvement Site Costs Community Centers: Balearic $ 47,900 Rea 55,000 Subtotal $ 102,900 Community Parks: C CU V11 Fairview $ 70,000 Lions 'H5,WO 9,231,900 65,000 TeWinkle 680,000 Subtotal $ -999;000' 10,046,900 Neighborhood Parks: Brentwood $ 2,000 Civic Center Park 44,500 Del Mesa 5,000 Estancia 0 Gisler 13,500 1,500 Heller 15,000 Lindbergh 3,000 Marina View 21,500 Mesa Verde 10,000 Paularino 50,000 Pinkley 28,000 Smallwood 0 Shiffer 3,500 Suburbia I 10,000 Suburbia II 0 Tanager 0 Vista 46,000 Wakeham 3,500 Wilson 10,000 Willard T. Jordan . 6,000 Wimbledon 13,000 Subtotal $ 286,000 Joint -Use Facilities: Costa Mesa High School $ 1,558,000 Estancia High School/Parsons 25,000 Subtotal $ 1,583,000 Unimproved Sites: Park north of I-405 $ f00,000 Pocket Park at Charle and Hamilton 150,000 Riverbay Trail 58,000 Unidentified Locations - 50 M. pool, 3,527,000 gymnasium, soccer fields (1), softball fields (1), baseball fields (2) Subtotal $ 4,335,000 TOTAL $ .996,900 16,353,800 as zzx^ s ra x tn� . >ss �.zx :w.s„�.x�3raY 58 Saar �s 2xc:r :.r:,M s•zr s�sx aw^a�r Alternative Funding Mechanisms: Alternative Capital Funding Options: It is estimated that the park facility improvements recommended in this plan will total over $7 million (in 1992 dollars). Assuming a 4 percent annual inflation rate, this estimated capital improvement budget by phase in future dollars is as follows: In 1992 In Future 1996-2000 $ 2,959,400 $ 4,050,143 2001-2005 3,984,500 6,634,415 2006-2010 353,000 715,113 Total $ 7,296,900* $11,399,741 *Total does not include funding for Fairview Park which eould mage up to $15,00 is estimated at $9,231,900. As shown above, the actual expenditure will be greater due to inflation, and could reach over $11 million during the 15 -year phasing period. City revenue, however, should also be greater, though, because of Proposition 13's 2 percent limitation on annual increases in assessed valuation (unless property changes ownership or undergoes substantial renovation), the City budget may not keep up with inflation proportionately. It is important to have a source of funding that can keep up with inflation. Since capital cost expenditures are not evenly distributed over time, the City may also need to finance park improvements rather than rely on annual General Fund allocations to the capital improvement program. Debt financing could also allow the City to expedite the implementation schedule, although interest and issuance costs would be incurred. The following financing scenario is recommended for consideration: Sources: Park In -Lieu Fees Impact Fees General Fund Dedication Grants General Obligation Bonds Certificates of Participation (Optional) Park In -Lieu Fees: Park in -lieu fees are the primary source for funding capital improvements. Normally these fees, or equivalent dedication, would be required to fund parkland acquisition. However, since this Master Plan Study relies primarily on joint -use agreements with school districts, using existing public land, substantial land acquisition will not be required. Therefore, the City may use the fees it collects for capital improvements to existing parks and joint -use facilities. Park in -lieu fees are based on two factors: the standard which defines the number of acres per 1,000 population required, and the land value basis for establishing the fee. The City can clearly increase its current in -lieu fee due to changes in both factors. 61 Dedication: Dedication is the anticipated method for acquiring the new five -acre neighborhood park proposed north of I-405. The land and improvements can be obtained through the City's park dedication ordinance. Grants: State and regional grants may be available for the bikeway trail improvements and a portion of the natural park improvements to Fairview Park, depending on the eventual design and habitat plan for the natural portion of the park. In addition, if the City enters this portion of the park into the Reserve of the Natural Community Conservation Plan (NCCP) funds may be available from the non-profit corporation. General Obligation Bonds: The other option is to propose to the voters of Costa Mesa a general obligation bond to fund the balance of the improvement costs not covered by in -lieu fees. Bond markets consider this the most secure form of financing because the debt obligation is backed by the full faith and credit of the .City and its ability to raise taxes to cover the debt obligation. The General Obligation Bond would require a two-thirds vote. However, it is expected that the debt obligation would be low (especially if in -lieu fees cover a majority portion of development costs) and, based on the experience of other cities such as Escondido, San Juan Capistrano, and Laguna Beach, is passable. This should be considered for large capital expenditures to provide park service for deficient areas such as acquisition of surplus school sites in Planning Area 3 (eastside). Certificates of Participation (Optional): Certificates of Participation (COP'S) is a method for the City to raise money for capital improvements in advance of receiving the impact fees. Assuming population growth of approximately 1,000 people per year, annual in -lieu. and impact fees collected should average $3.2 million (in 1992 dollars), which is more than enough to cover the capital costs incurred on a pay-as-you-go basis under the phasing program proposed (if the fees are annually .increased to keep up with inflation). The City could consider issuing COP's if it desires to raise the capital earlier and expedite the implementation process only if there is a corresponding increase in future fee and general fund revenue to enable the City to fund the COP debt service annually. The trade-off is that the City would incur financing and issuance costs that it otherwise would not incur. Other Recommended Options: While the financing strategy presented above should be sufficient to cover all of the costs presented in this plan, the City should consider alternative methods if it decides not to rely so heavily on in -lieu and impact fees, as follows: Infrastructure Financing District An infrastructure financing district that includes all undeveloped land in Costa Mesa, outside of redevelopment project areas, might be considered. This would require approval of the land owners that comprise the district. Since the finding comes from tax increment generated by the property's development, given existing tax rates, property owners would not pay anymore taxes than they would without the district. 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