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Harbor Mixed Use Trani Corridor Plan <br />A statement of City policies concerning voluntary contractual <br />assessments including: <br />1) Identification of types of improvements that may be financed <br />through the use of contractual assessments <br />2) Identification of a City official authorized M enter into voluntary <br />contractual assessments on behalf of the City <br />3) A maximum aggregate dollar amount of voluntary contractual <br />assessments <br />4) A method for setting requests from property owners for financing <br />through voluntary Contractual assessments in priority order in the <br />event that requests appear likely to exceed the authorization amount <br />A plan for raising a capital amount required to pay for work performed <br />pursuant to voluntary Contractual assessments. The plan may include <br />amounts to be advanced by the public agency through funds available <br />to it from any source. The plan may include the sale of a bond or <br />bonds or other financing relationship. <br />The plan shall include a statement of or method for determining the <br />interest rate and time period during which contracting property owners <br />would pay any assessment. The plan shall provide for any reserve <br />fund or funds. The plan shall provide for the apportionment of all or <br />any portion of the costs incidental to financing, administration, and <br />Collection of the voluntary contractual assessment program among the <br />Consenting property owners and the City. <br />The authorizing statue provides other requirements as well as the Standards for <br />noticing and conducd ng a required public hearing. <br />Grants and Loan Programs <br />Although the Specific Plan does not explicitly call for using grant and loan <br />programs to implement the public realm improvements, the City may tap into <br />various federal, state, local, and private grants to provide additional funding <br />for public improvements. In particular, the projects focus on increasing transit <br />ridership, promoting pedestrian -and bike - friendly environments, and relieving <br />traffic Congestion may help the project qualify for various grants dedicated ta <br />these goals. The fallowing list provides a few examples of state and federal <br />programs currently available and relevant to the Harbor Corridor Plan. <br />State <br />n Transit - Oriented Development Housing Program <br />• Housing Related Parks Program <br />• Infill Infrastructure Grunt Program <br />• Land and Water Conservation Fund <br />• Active Transportation Program <br />• Highway Safety Improvement Program <br />• Transportation Enhancement Program <br />• Infrastructure State Revolving Fund Program <br />• Public Agency Revenue Bond Program <br />Federal <br />n Economic Development Initiative Grant <br />a Community Development Block Grant <br />n Section 108 Loan Guarantee <br />Assessment Districts <br />The Specific Plan anticipates that development impact fees, Contractual <br />assessments, and City revenues will be sufficient to fund the public realm <br />improvements. Nevertheless, groups of property owners may desire and the <br />City may find that assessment districts could help finance the Construction <br />of public improvements on public property, public rights-ol -way, and public <br />easements. The public must pay for the portions of the improvements that <br />provide general benefit to the public at large, but real property that receives <br />a special benefit may be assessed for the costs, proportional to the level of <br />benefit received. Three different provisions of state law authorize assessment: <br />• Improvement Bond Act of 1915 (Streets and Highways Cade Sections <br />8500 at seq.) <br />• Improvement Act of 1911 (Streets and Highways Code Sections <br />5000 et seq.) <br />• Municipal Improvement Ad of 1913 (Streets and Highways <br />Code Sections 10000 at seq.), which contains only provisions for <br />establishing assessment districts <br />Assessment districts are intended to finance construction of physical <br />improvements. They cannot pay for operations and maintenance or additional <br />services. If additional improvements are desired after an assessment district is <br />assets ished, the entire process is required for those additional improvements. <br />Assessment districts may be used to finance improvements in one of two <br />general ways. The assessments may repay the City at an initial developer for <br />the up front costs of infrastructure. The City may also issue bonds pursuant <br />to an assessment district and use the proceeds to fund the infrastructure <br />improvements and use the assessments to repay the bonds. <br />Generally, assessment districts can be used to finance these improvements: <br />a Local streets <br />+ Streetlights <br />+ Parks <br />r Water supply and distribution facilities <br />+ Gas and electric power <br />» Landscaping <br />a Sidewalks <br />+ Sanitary sewers <br />Flood Control and drainage improvements <br />+ Parking facilities <br />The authorizing statutes referenced above set forth procedures for establishing <br />assessment districts. Under existing State law, however, establishment of an <br />assessment district cannot occur if a majority, of the affected property owners <br />object (weighted by the value of the proposed assessment). <br />Lighting and landscaping Maintenance Districts <br />The Specific Plan anticipates that development impact fees, Contractual <br />assessments, and City revenues will be sufficient to fund the public realm <br />improvements. Nevertheless, groups of property owners and the City may <br />find that lighting and landscaping maintenance districts (LLMD) coultl be an <br />effective way to fund the ongoing maintenance (or even the construction) of <br />public realm improvements. Ll are authorized by the Landscaping and <br />Lighting Ad of 1972 (Streets and Highways Cade section 22500 at seq.). <br />An LLMD requires an annual assessment process for any assessments other <br />than previously approved assessments to pay previously approved and issued <br />debt The annual assessment process is similar to that used to establish <br />assessment dishicts. <br />The improvements and services provided by LLMDs include: <br />a Landscaping <br />n Statuary, fountains, and other ornamental structures <br />• Public lighting, including traffic signals <br />Appurtenant facilities, including grading, clearing, and removal <br />of debris; the installation or construction of curbs, gutters, walls, <br />sidewalks, or paving; or water, irrigation, drainage, or electrical <br />facilities <br />Park or recrettonal improvements <br />x Land preparation <br />+ Lights, playground equipment, play Courts, and public restrooms <br />+ The maintenance or servicing or both of any of the foregoing <br />• Acquisition of land for park, recreational, or open -space purposes <br />• Acquisition of existing improvements <br />• Acquisition or Construction of any Community center, municipal <br />auditorium or hall, or similar public facility for the indoor presentation <br />of performances, shows, stage productions, fairs, Conventions, <br />exhibitions, pageants, meetings, parties, or other group events, <br />activifies, or functions, whether those events, activifies, or functions <br />are public or private <br />LLMDs can be expanded over time, following a process similar to that used is <br />establish the district. The City may condition development activiy, in the plan <br />area on annexation into a LLMD if one is established for all or a part of the plan <br />area. An LLMD may also be established to generate revenues from throughout <br />the plan area to fund the operation and maintenance of public open space in <br />or around the Specific Plan area. <br />Panting Districts <br />The development standards and Concepts in this Specific Plan envision <br />metered on-street parking and off-street parking (in structures or surface lots). <br />AtlGfionally, parking reduction strategies such as shared parking are explicitly <br />encouraged to provide sufficient space for parking while fostering pedestrian, <br />bicycle and transit friendly design. The design and management of parking is <br />integral to the long tern success of the Harbor Corridor and its surrounding <br />neighborhoods. Nevertheless, groups of property owners and the City may find <br />that it would be beneficial to form a parking management district to fund the <br />construction and operation of additional parking facilities. <br />7 -10 City of Santa Ana <br />11 A -73 <br />