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HomeMy WebLinkAboutResolution No. 5394RESOLUTION NO. 5394 RESOLUTION DECLARING SURPLUS IN IMPROVEMENT FUND, EAST SAN RAFAEL DRAINAGE ASSESSMENT DISTRICT NO. 1, CITY OF SAN RAFAEL, MARIN COUNTY, CALIFORNIA WHEREAS, on the 18th day of January, 1971, the City Council of the City of San Rafael, Marin County, California, adopted its Resolution of Intention, as later amended, for public improvements in East San Rafael Drainage Assessment District No. 1, and therein pro- vided that any surplus in the Improvement Fund for said assessment district, after completion of improvements and payment of all claims from the Improvement Fund, would be applied in accordance with Section 10427 of the Streets and Highways Code of the State or Cali- fornia; and WHEREAS, all improvements have been completed for which bonds have been issued to date, and all claims upon the Improvement Fund have been paid, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Rafael as follows: 1. That the Council hereby finds that a balance of $109,384.86 remains in the Improvement Fund for East San Rafael Drainage Assessment District No. 1, and hereby determines that said amount is surplus. 2. The surplus shall be disbursed as follows: The amount of $109,384.86 shall be set aside in a special fund to be designated "Maintenance Fund, East San Rafael Drainage Assessment District No. 1, City of San Rafael, Marin County, California," and shall be used for the maintenance of the improvements constructed and/or acquired in said East San Rafael Drainage Assessment District No. l until said special fund is exhausted. . Lqr✓ I HEREBY CERTIFY that the foregoing resolution was duly and regularly adopted by the City Council of the City of San Rafael, Marin County, California, at a regular meeting thereof, held on the 19th day of December, 1977, by the following vote, to wit: AYES: Councilmembers Jensen, Mulryan, Mixon and Mayor Bettini NOES: Councilmembers None ABSENT: Councilmembers hiskimen JEANINE M. LEONCINI, City Clerk, City of San Rafael, Marin County, California -2- ENGINEER'S SCHEDULE OF COSTS TO DETERPMINE SURPLUS FUNDS, EAST SAN RAFAEL DRAINAGE ASSESSMENT DISTRICT NO. 1, CITY OF SAN RAFAEL, MARIN COUNTY, CALIFORNIA MAJOR DRAINAGE FACILITIES AND MAJOR STREET IMPROVEMENTS Construction Contracts $ 1,132,006.51 Miscellaneous Construction Costs 2,818.52 TOTAL CONSTRUCTION COST BAY FRONT Lt'VEE Earth Work loo Contingencies 5% Civil Engineering LEVEE COST PUBLIC UTILITY CO. WORK Pater District _'Materials and Storage Charge Underground Telephone and Electrical Cost Pacific Gas & Electric Co. Cost (Includes Tower Relocation Cost) TOTAL UTILITY COST BOND RETIRE_NIENT BOND DELINQUENCY INCIDENTAL EXPENSES $ 50,579.43 46,400.00 183,249.72 Civil Engineering Fees $ 163,767.70 Soils Engineering Fees 48,951.70 City Inspection Fees 45,728.56 Legal Fees 60,675.45 Bond Printing and Supplies 2,559.66 Right-of-way Negotiation Fee 7,470.00 Appraisal Fee 4,082.00 Bond Service Charge 10,350.00 Miscellaneous Incidental Expenses 766.00 TOTAL INCIDENTAL EXPENSES -1- $ 1,134,825.03 280,229.15 88,067.08 44,269.63 344,351.07 ,AND ACQUISITION COST Acquisition Costs Condemnation Costs TOTAL LAND ACQUISITION TOTAL PROJECT COST TOTAL REVENUE LESS TOTAL PROJECT COST TOTAL SURPLUS DATED: December 19, 1977 $ 652,502.39 28,053.21 I 680,555.60 $2,572,297.56 2,681,682.42 -2,572,297.56 $ 109,384.86 ELY CAILLOUETTE, JR., Director of Public Works, City of San Rafael, Marin County, California, as Engineer of Work 0- -2 /E Lti -2-