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HomeMy WebLinkAbout90-74 - Financing Options, Underground Utility District 19RESOLUTION NO. 90-74 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, APPROVING FINANCING OPTIONS FOR UNDERGEUUND UTILITY DISTRICT N0. 19 SERVICE CONNECTORS. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: THAT, WHEREAS, the City Council of the City of Costa Mesa created Underground Utility District No. 19, Victoria Street from Canyon Drive to Harbor Boulevard, at its meeting of December 4, 1989; and WHEREAS, Costa Mesa Municipal Code, Chapter VIII, Section 13-695 et seq., requires each property owner to complete construction and installa- tion of connections to underground utility facilities within the time frame fixed by Resolution of the City Council; and WHEREAS, the City Council has determined the costs of Underground Utility District 19 may cause hardships for property owners in the District; and WHEREAS, the City Council finds these costs prohibitive; and WHEREAS, the City Council has determined that the widening of Victoria Street has caused a unique hardship to those owners affected by the under - grounding of Utility District No. 19; and WHEREAS, the City Council has determined that the undergrounding of Utility District No. 19 is a public benefit by enhancing the aesthetics of the community; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa Mesa that the cost of providing underground service connections to the 89 haneowners affected by Utility District No. 19 will be paid by the City of Costa Mesa in conjunction with the Victoria Street Widening Project. PASSED AND ADOPTED this 17th day of September, 1990. ATTEST: City Clerk of the City of Costa esa Mayor of the City 6fttosta Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and fore- going Resolution No. 90-74 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 17th day of September, 1990. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 18th day of September, 1990. • O y Clerk and ex-officioClerk the City Council of the City of Cos1V Mesa