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When the petitions are accepted by the city, the City Council will need to approve <br />a study, including an engineer's report. Other council actions will need to be <br />taken, including a full financial disclosure, before a ballot is prepared for the <br />assessment district, due to a financial commitment that will need to be made by <br />the city. <br />Jason Gabriel provided background on the proposed project, stating that a group <br />of industrial business owners, led by Ms. Gail Fosler, approached the city in 2011 <br />concerning the concept of repairing the asphalt industrial streets in the area of <br />WIC. There is currently no dedicated City funding for industrial streets. The <br />affected region is 3.2 miles of local industrial streets in two areas; the streets at <br />issue have been field- inspected by staff and found to be in need of repairs; there <br />are approximately 26.9 miles of industrial streets in need of rehabilitation which <br />would cost almost $63 million; this area in the WIC constitutes approximately <br />12% of the overall need in the city. A map of the affected area was shown. Area <br />1 is in the vicinity of Warner /Santa Ana River /Centennial Regional Park /OC Flood <br />Channel. Area 2 is in the area of Segerstrom /Susan/Warner /OC Flood Control <br />Channel. Mr. Gabriel noted that special assessment districts are governed by <br />Proposition 218; properties that benefit would pay; require 60% of landowners to <br />petition; a notice and public hearing are required; the process may be stopped by <br />a majority protest. A process flow chart was provided. Total fees and costs are <br />estimated at approximately $5 million, with the city contributing approximately <br />50 %. Assessment costs of approximately $1.3 million would be added to the <br />property owner's portion, based on an assumed 6% interest and a 20 -year total <br />life of the district. <br />Chairman Sarmiento stated that the WIC assessment district is a good idea and <br />may be a model for other industrial areas that need improvement; that it appears <br />to be a more feasible and accelerated way of addressing inevitable <br />improvements. <br />Vice Chair Martinez recommended direct communication with the Finance <br />Director and staff with regard to bonding and financing of the potential <br />assessment district, so that payment alternatives are explored and presented to <br />the City Council to ensure the best financial options for the city. <br />Committee Member Benavides noted that some property owners in the vicinity of <br />Coastal Communities Hospital are interested in making improvements to that <br />area and inquired about the process taken by the WIC property owners. <br />3. STATUS OF REGIONAL SUPPORT AND STREETCAR POLICY — EVAN <br />BROOKS ASSOCIATES AND OCTA <br />Chairman Sarmiento stated for the record his disappointment that OCTA has not <br />appeared at Committee meetings and Study Sessions /Council meetings. Noted <br />that the fixed guideway project is intended to be a cooperative effort with cities <br />Development & Transp. Council Committee Minutes 2 January 9, 2014 <br />