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HomeMy WebLinkAboutTC Agenda Packet 2017-11-29 TOWN OF TiBURON Tiburon Town Council Tiburon Town Hall November 29,2017 1S05 Tiburon Boulevard. - - Tiburon, CA 94920 Special Meeting - 5:00 p.m. TIBURON TOWN COUNCIL AGENDA SPECIAL MEETING—5:00 P.M. CALL TO ORDER AND ROLL CALL Councilmember Fredericks,Councilmember Kulik,Councilmember Thier,Vice Mayor O'Donnell,Mayor Fraser ANNOUNCEMENT OF ACTION TAKEN IN CLOSED SESSION IF ANY ORAL COMMUNICATIONS Persons wishing to address the Town Council on subjects not on the agenda may do so at this time. Please note however, that the Town Council is not able to undertake extended discussion or action on items not on the agenda. Matters requiring action will be referred to the appropriate Commission,Board, Committee or staff for consideration or placed on a future Town Council meeting agenda. Please limit your comments to three(3)minutes. ACTION ITEMS AI-1. Hawthorne Undergrounding District— Consider adoption of resolution approving Preliminary Engineer's Report, recordation of boundary map with County Recorder and setting a public hearing on the matter(Office of the Town Manager) ADJOURNMENT GENERAL PUBLIC INFORMATION ASSISTANCE FOR PEOPLE WITH DISABILITIES In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting,please contact the Town Clerk at (415) 435- 7377. Notification 48 hours prior to the meeting will enable the Town to make reasonable arrangements to ensure accessibility to this meeting. AVAILABILITY OF INFORMATION Copies of all agenda reports and supporting data are available for viewing and inspection at Town Hall and at the Belvedere-Tiburon Library located adjacent to Town Hall. Agendas and minutes are posted on the Town's website, www.townoftiburon.org. Upon request, the Town will provide written agenda materials in appropriate alternative formats, or disability-related modification or accommodation, including auxiliary aids or services, to enable individuals with disabilities to participate in public meetings. Please send a written request, including your name, mailing address,phone number and brief description of the requested materials and preferred alternative format or auxiliary aid or service at least 5 days before the meeting. Requests should be sent to the Office of the Town Clerk at the above address. PUBLIC HEARINGS Public Hearings provide the general public and interested parties an opportunity to provide testimony on these items. If you challenge any proposed action(s) in court, you may be limited to raising only those issues you or someone else raised at the Public Hearing(s) described later in this agenda, or in written correspondence delivered to the Town Council at,or prior to, the Public Hearing(s). TIMING OF ITEMS ON AGENDA While the Town Council attempts to hear all items in order as stated on the agenda, it reserves the right to take items out of order. No set times are assigned to items appearing on the Town Council agenda. TOWN OF TIBURON Town Council Special Meeting 1505 Tiburon Boulevard November 29, 2017 r Tiburon, CA 94920 Agenda Item:Al-1 STAFF REPORT To: Mayor and Members of Town Council From: Town Manager Town Attorney Subject: Hawthorne Undemrounding District-Consideration of Adoption of Resolution Ap ov' g Preliminary Engineer's Report and Setting a Public Hearing Reviewed By: BACKGROUND In 2016, property owners on portions of Rock Hill Drive, Hawthorne Drive, Hilary Drive, Hilary Court, Mira Vista Court, Del Mar Drive, Palmer Court and Tiburon Boulevard submitted petitions to form a utility undergrounding district ("The District"). A boundary map of The District (the "Boundary Map") is attached as Exhibit 1. Pursuant to the attached certificate from the Town Clerk(Exhibit 2), more than five property owners owning lands constituting more than one-half of the area of all assessable lands proposed to be included within The District signed petitions as required by State law. In addition, the Town Engineer determined that property owners of more than 60% of the parcels to be included in the District, as required by the Town's `Policy and Procedures for the Formation of Utility Undergrounding Assessment Districts' ("The Policy"), signed petitions requesting that the District be formed. The Policy is attached as Exhibit 3. In addition to the petitions, the Town also received subscription deposits from some of the property owners that signed petitions. The total amount of subscription deposits received was $151,750. Subsequently, one property owner who moved out of the District requested, and received, a refund of their $1,000 deposit, resulting in a net amount of deposits remaining of $150,750. On January 4, 2017, the Town Council unanimously passed Resolution No. 01-2017 (Exhibit 4) which, in addition to indicating Council's intent to form the District, did the following: • Approved the Boundary Map • Appointed Stradling, Yocca, Carlson and Rauth, and Samuel Sperry as Bond Counsels for The District • Appointed Harris and Associates as Assessment Engineer for The District, and directed the Assessment Engineer to prepare a Preliminary Engineer's Report which contains the following: o Preliminary plans and specifications for the improvements o An estimate of the costs of the improvements _w_M . OAK#4844-8871-4556 v1 o A determination of the portion of the cost that represent a general benefit and the portion of the costs that represent a direct and special benefit to each of the parcels within the Assessment District. The draft Preliminary Engineer's Report ("The Report"), along with other information related to The District, was provided to property owners of record by notices dated August 16, 2017 and August 22, 2017. The Policy requires Bond Counsel to provide advice and information to all interested property owners within The District about the assessment process and their rights and responsibilities. In addition, The Policy specifically requires Bond Counsel to hold at least 2 meetings for the purpose of advising the property owners. The first of these meetings occurred on February 13, 2017, and the second, which was required to occur prior to Town Council considering adoption of The Report, occurred on August 30, 2017. On September 19, 2017 and November 15, 2017, the Council reviewed a draft of The Report and heard testimony from the public regarding the proposed formation of The District. At the November 15, 2017 meeting, the Council directed staff to return with a resolution to approve The Report, attached as Exhibit 5, and to set a public hearing regarding the proposed formation of The District. DISCUSSION The next step in forming The District is for Town Council to consider adopting a resolution preliminarily approving The Report, directing the recordation of the Boundary Map and setting the date of the required Public Hearing on the matter. The proposed form of the resolution is attached as Exhibit 6. RECCOMMENDATION After hearing staff's presentation on this item and receiving any public testimony, Council will have the following options: • Adopt the attached resolution which approves the Preliminary Engineer's Report and directs the following actions to be taken: a. Mail Notices of the proposed assessments and ballots to property owners at least 45 days prior to the public hearing which is set for February 7, 2018 at 6:00 p.m. b. Record the Boundary Map with the County Recorder within 15 days following the adoption of the resolution • Do not adopt the resolution and instead direct staff to provide additional information or analysis, or to take further actions prior to bringing the resolution back for consideration by Council • Reject The Report and abandon the proposed formation of the District o) 11r t OAK#4844-8871-4556 v1 i i!lll ) i41C% EXHIBITS 1. Proposed Boundary Map for Proposed Undergrounding District 2. Town Clerk's Certificate 3. Town of Tiburon Undergrounding Policy 4. Resolution No.01-2017 5. Preliminary Engineers Report(dated November 1,2017) 6. Resolution Approving Preliminary Engineer's Report and Setting a Public Hearing Prepared By: Greg Chanis,Town Manager OAK#4844-8871-4556 v1 i i no 32 ,a I.FILED IN THE OFFICE OF THE TOWN CLERK,TOWN OF 3p 16 °y4 TIBURON, THIS_DAY OF_2017. 2J � 29 m a w TOWN CLERK ffi 26 w M•33 O 2.RECORDED IN THE OFFICE OF THE TOWN ENGINEER,TOWN OF ,0 3s 2s we TIBURON,THIS-DAY OF ,2017. FS pt33MIp pp 59 ® m TOWN ENGINEER fit x v 36 TOWN OF n 57' 39 m a0 m 4❑,m I> n a a VNN m 2� ED SID s4 w a5 nl 3.AN ASSESSMENT WAS LEVIED BY THE TOWN COUNCIL ON THE y63 n ® ❑ �ao LOTS,PIECES,AND PARCELS OF LAND SHOWN ON THIS 4❑i ASSESSMENT DIAGRAM. SAID ASSESSMENT WAS LEVIED ON 52 5t a yTHE__DAY OF_,2017;THE ASSESSMENT J °Q ❑51 36 22 21 2° Q O DIAGRAM AND THE ASSESSMENT ROLL WERE RECORDED IN THE TsAVi Y ❑ OFFICE OF THE TOWN ENGINEER,AS THE SUPERINTENDENT OF muar�°R en as en ms m is l5 STREETS,OF THE TOWN OF TIBURON ON THE-DAY OF 65 WWct 0R 2017. REFERENCE IS MADE TO THE ASSESSMENT ROLL IN THE69 >o n i3 74 >5 6 THE EXACTRDED AMOUNT OF EA HC M ASSES ENT LEVIEDGINEER AGAINSTOR OF E TOWN 'A ❑ ❑� w 4m r ro ❑ ❑ ❑ Q is EACH PARCEL OF LAND SHOWN ON THIS ASSESSMENT sq e� mz ma as > II I� I� DIAGRAM. 85 64 83 82 8ffi �° 78 » & ❑ ❑ iso ❑5 M fi e6 ❑9 >a TOWN CLERK O 'rw*NORRc oR � >n w.v�°m46 5a 89� 99 2 pR � 4.FILED THIS-DAY OF_,2017,AT THE HOUR OF 90� 96 TreuROR O'CLOCK M.IN BOOK OF MAPS OF w a�w ASSESSMENT ANO COMMUNITY FACILITIES DISTRICTS,AT PAGE s> IN THE OFFICE OF THE COUNTY RECORDER OF THE 91 wwn COUNTY OF MARIN,STATE OF CALIFORNIA 96 �I, 511SR� 92 95 it Ili TeCOURTS 5 A COUNTY RECORDER, COUNTY OF MARIN 4 RNm°N mw 9 n � 2 � PROPOSED BOUNDARIES OF ❑^ HAWTHORNE TERRACE ❑ ° UNDERGROUND DISTRICT 2 L� TOWN OF TEURON,COUNTY OF MAFUN i STATE OF CALFORNA LEGEND. NOTE& GRAPHIC SCALE ■0! ASSESSMENT DISTRICT BOUNDARY REFERENCE IS HEREBY MADE TO THE MAPS OF RECORD IN THE OFFICE OF THE ASSESSOR OF Associates s & A Harris so PARCEL LINE THE COUNTY OF MARIN FOR A DETAILED DESCRIPTION OF THE UNES AND DIMENSIONS OF ANY 14('Isrt01 is Pon Rtl,C s oCk 94520 ASSESSMENT NO. PARCELS SHOWN HEREIN,WHICH MAPS SHALL GOVERN FOR ALL DETAILS CONCERNING THE LINES xxarehsrrb.com(925)827-4M or 1 1n<h=150 IL AND DIMENSIONS OF SUCH PARCELS. e. JUNE 22, 2017 i 1 CERTIFICATE OF TOWN CLERIC AS TO THE SUFFICIENCY OF PETITIONS FOR TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-1 (HAWTHORNE UNDERGROUNDING DISTRICT) I, Lea Stefani, Town Clerk of the Town of Tiburon, do hereby certify that I have examined the petitions submitted by the owners of certain parcels of land within the proposed Town of Tiburon Assessment District No. 2017-1 (Hawthorne Undergrounding District) (the "District"). In accordance with Streets & highways Code Section 5896.7 1 have checked the petitions submitted to me and determined that petitions have been submitted by more than five owners of assessable land within the proposed District, as shown on the last equalized assessment roll, who own lands constituting more than one-half of the area of all assessable lands within the proposed District. Dated this 7th day of December,2016. ? Lea Stefani Town Clerk of the Town of Tiburon EXHIBIT N®•....�..-- C-1 TOWN OF TIBURON POLICY & PROCEDURES FOR THE FORMATION OF UTILITY UNDERGROUNDING ASSESSMENT DISTRICTS Town Policy The Town of Tiburon strongly supports the undergrounding of overhead utility wires and poles(see Town Council Resolution No. 2996, adopted February 2, 1994). Undergrounding of overhead utilities improves public safety under fire, earthquake and high wind conditions; reduces utility company maintenance costs for tree trimming to maintain overhead lines and equipment;and results in improved visual characteristics. General Overview These policies describe the basic considerations and actions required to relocate and to finance such relocation of overhead utility lines underground. The policies are provided to guide property owners in achieving undergrounding of utilities in their neighborhoods and to help the Town Council,Town Staff and Town consultants in assisting in such efforts.Specific figures regarding estimated costs for undertaking this effort and ultimately implementing a specific project are not presented herein since they vary depending on the size,location of the proposed district and economic factors.A separate Frequently Asked Questions brochure(available at Town Hall or at www.tiburon.org)may provide a range of answers to those types of specific non-policy questions. The procedures, events and steps described below are governed by California State law and guidelines of California Public Utilities Commission(regulating the Pacific Gas&Electric Company (PG&E)and other utilities)about the physical and financial requirements for utility undergrounding projects.The Town must comply with these laws and regulations while taking appropriate actions to coordinate the project from its inception to its completion. To provide for financing and to enforce connections to the underground system,the undergrounding districts will be special assessment districts established by the Town under State law. Unless contributions are available from other sources,property owners should know that 100%ofthe cost of the underground project will be borne by the property owners in the district.If available,funds from PG&E and other utilities will be applied to help reduce the costs,but there is no assurance of such availability. The proponents of a proposed district must submit a written petition to the Town showing the support by owners of at least 60% of all of the parcels in the prospective district. The Town will supply examples of petitions and instructions on its signing. Along with the petition,the required XHIBIT NO., , E subscription deposit for district formation costs (see discussion below) and an informal boundary map showing the parcels proposed to be included must be provided.Upon receipt of a satisfactory petition, deposit and informal map,the Town will begin the process of district formation. The Town will retain the District Engineer for the assessment district,along with Bond Counsel and the bond Underwriter. The District Engineer (with the assistance of Town staff and bond Underwriter) will prepare an estimate of all of the costs of the project. Those costs will include construction cost estimates(based on information from the utilities)and an allowance for the Town's administrative costs calculated to reimburse the Town for the work of Town staff on the project and bond issuance costs and deduct any possible contributions. An Advisory Services fund is also established to allow project proponents and opponents to obtain legal advice and information from the Bond Counsel regarding the assessment process and their rights and responsibilities. That net cost will be apportioned or"assessed"to each of the parcels in the district based on how each parcel is specially benefited from the undergrounding work.Under Proposition 218,the District Engineer is responsible for defining the special benefit each parcel receives and may take into account a variety of factors in defining that benefit. The method of allocating special benefit may vary from district to district depending on the conditions of and the improvements needed for each such district. Under State law,the Town Council must hold a public hearing and conduct an assessment ballot to seek approval of the assessment part of the district. This approval requires an affirmative majority approval (based on dollars assessed)by property owners returning ballots. If approved,the Town may proceed with the assessment and the district. The assessment may then be paid in cash or allowed to"go to bond"or be financed at tax-exempt municipal bond rates for 20-25 years.Bonded assessments are collected on the County tax bill.The assessment is not a personal obligation of the property owner and it passes with the title to the property assessed, like regular taxes. The Bond Counsel and Underwriter prepare documents needed for the bonds. The costs of individual service connections to the underground facilities are borne by each property owner and are typically not included in the assessment. If possible,a small amount of bond funds may be available on a per-financing basis,at the request of property owners(first come-first served) to help finance connections.The actual amount available will depend on the size of the project and the estimated amount of bond financing available and will vary with each project. The entire process may take at least 12 to 24 months (assuming no legal actions/challenges). The duration of the process may also be affected by utility company financial conditions and staffing priorities. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 2 of 9 Procedural Events & Steps for District Formation This section outlines the process of forming a special assessment district for utility undergrounding in Tiburon. 1. Preliminary Meetings Interested Property Owners meet with Town Staff to discuss the process and procedures,and to have questions answered and concerns addressed.This would typically include representatives of the Department of Public Works and the Town Manager.The project proponents would also be encouraged to hold a neighborhood meeting to discuss the proposed project, solicit input, answer questions,etc.and schedule an informal presentation before the Town Council to solicit informal support for the proposed project. These are some of the most important steps in successfully creating a district. This document, along with the FAQ brochure should be distributed to all property owners whose participation is to be solicited.Proponents should also arrange a site walk with the prospective District Engineer to develop ballpark estimates of preliminary costs associated with creating the District.This will help refine the estimate of the total amount of subscription deposit funds that will be submitted to the Town along with petitions of interest as described below. 2. Petition of Interest Proponents of the proposed district circulate Petitions of Interest among all Property Owners of the prospective district. 3. Informal Boundary Map As part of the Petition process,the Property Owner proponents prepare an informal boundary map showing the area proposed to be the district based upon the results of the circulated petition. The Town and District Engineer will review this map and may suggest changes, as required to satisfy utility companies' requirements and requests of other, adjacent Property Owners. Property Owner Proponents may wish to distribute the informal boundary map. Property Owner Proponents may also request a `boundary walk' with the affected utility companies to better refine the project boundary. It should be noted that the utility companies (particularly PG&E)may require a deposit before they will attend a boundary walk. 4. Subscription Deposits When obtaining Petitions,Property Owner Proponents should also raise subscription deposit funds for preliminary design engineering and construction cost estimates and legal advisory services. Funding must be sufficient to secure engineering cost estimates from electric, telephone,and the cable franchise provider and to pay the advance costs required to retain the District Engineer. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 3 of 9 The District Engineer will prepare complete technical plans and drawings for review by the utilities, and establish final cost estimates for the construction bidding process. Plans must contain detailed information on trench size and location,and the location of equipment within the trenches. Such drawings are usually ordered and directed by the District Engineer. Such costs may range from$900 to$1,700 per Property Owner Proponent and will depend on the size of the district, complexity of the project, the costs for the preliminary services required to establish the district.. Recently, PG&E and SBC (formerly Pacific Bell) have required full deposits up front before they will proceed with engineering support for a proposed district.The utility companies develop engineering drawings and technical specifications for design of their particular underground facilities,which are then incorporated into composite drawings by the District Engineer. It is the composite drawings which are ultimately used for construction bidding purposes. If the district is formed and issues bonds,it will refund or credit these funds to the Property Owner Proponents in proportion to their contributions. As further described in the following section,the Property Owner Proponents are also required to raise funds for Legal Advisory services. In accordance with a recently adopted Settlement Agreement, this amount is to be $100 per Property Owner Proponent, up to a maximum of $10,000 for the entire district. Accordingly,the total subscription deposit necessary to form an assessment district may range between$1,000 and$1,800 per Property Owner Proponent.If for any reason,the district is not formed, and/or fails to issue the bonds,the Property Owner Proponents will receive only the amount of their contributions that have not been spent. 5. Filing the Petition of Interest, Subscription Deposit and Boundary Map The Petitions may be submitted to the Town when Property Owners representing at least 60% of the total number of parcels to in the proposed district have signed and the Subscription Deposits(see above)and the informal boundary map are ready. Staff will check the Petition to be sure that there the necessary signatures from the required percentage of properties and that the Subscription Deposit and boundary map are in order. 6. First Council Meeting-Resolution of Intention At the first Council meeting, the Council adopts the Resolution of Intention to Make Acquisitions and Improvements which formally begins the assessment process. 7. Consultants With the Resolution of Intention,the Town will appoint:Bond Counsel,the District Engineer, and the Underwriter. The District Engineer prepares the estimates of costs, the proposed assessment of the costs to each parcel in the district, the formal maps of the district and the plans and specifications for the construction work.The plans may be preliminary at this stage. In accordance with State law, the assessment of costs to each parcel in the district will be Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 4 of 9 developed by an analysis of the special benefit that each property owner receives from the improvements funded by the assessment. All of the above information is summarized in the "Engineer's Report"for the district. The Underwriter is responsible for helping to estimate the costs of the bonds and in pricing, selling and delivering the bonds to the bond market. The Underwriter is paid only from the bond issue and only if bonds are issued. Bond Counsel directs all legal proceedings to establish the district including Council resolutions,notices,forms of documents and instructions,including the levy of the assessments and issuance of bonds. Except for the Advisory Services to Property Owners below, Bond Counsel is paid only if the bonds are actually issued. Bond Counsel also provides advice and information(the"Advisory Services")to all interested Property Owners within the proposed district(whether they support or oppose the project)about the assessment process and their rights and responsibilities. ■ All Property Owners shall be provided with notice of their right to meet with Bond Counsel,and this notice shall include written materials that describe the assessment process and their rights and opportunities to be heard during the process. ■ Bond Counsel shall hold at least 2 meetings for the purpose of advising the Property Owners: The 15` meeting as soon as practicable following Town appointment of Bond Counsel and the 2nd second meeting shall be held before Town Council votes to preliminarily adopt the Engineer's Report for the district. ■ To the extent that Advisory Funds are available, Bond Counsel shall be available to provide brief follow-up telephone consultation to affected Property Owners. ■ In the event the Advisory Fund is insufficient to provide all of the Advisory Services described in this section, Bond Counsel shall provide Advisory Services in the following order of priority: (1)written materials describing the process; (2) meeting with Property Owners prior to adoption of the draft Engineer's Report; (3)meeting following retention of Bond Counsel; and(4) telephone consultation. ■ The Town Attorney has sole discretion to supervise Bond Counsel's provision of Advisory Services to ensure,so far as practicable,that such services are fairly allocated between all affected Property Owners. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 5 of 9 8. Second Council Meeting-Prelimina!y Approval The District Engineer prepares and files the following items with the Town Clerk: ■ The Engineer's Report containing estimates of total assessment district costs,including costs for District Engineer, utility company engineering, Bond Counsel, Underwriter Advisory Fund, construction contract and Town administration. Construction cost estimates will include a breakdown of each property owner's individual service connection cost. ■ Map of Proposed Boundaries and Assessment Diagram for the district ■ Plans& Specifications for Project, The Town Council adopts: ■ Resolution Preliminarily Approving District Formation/Boundary Map, Engineer's Report,and Directing Actions with Respect Thereto; and ■ Resolution Approving Plans and Specifications and Calling for Bids for Construction (If the plans and specifications are still preliminary,this step may be deferred until after the Assessment District is officially formed and the final plans are prepared by the District Engineer). 9. After Second Council Meeting Immediately following the Second Council Meeting,the Town Clerk,in coordination with the District Engineer and Bond Counsel,takes the following actions: ■ Mails Notices of Proposed Assessments and Ballots to Property Owners at least 45 days prior to the Public Hearing; ■ Records Map of Proposed Boundaries of the District; and ■ Coordinates publication of call for construction bids(if appropriate). 10. Informational Workshop In the 45-day period after Item 9, Town Staff and the consultants hold a Workshop about the project and the proposed financing. 11. Construction Bids Under the State Public Contract Code and the Chapter 3A of the Tiburon Municipal Code, Town solicits contractor bids for construction. Typically,the bid period is 30 days, with bids received about two weeks before the public hearing and ballot. After the bid opening, the District Engineer and Town Staff determine the lowest responsible bid and adjust the proposed assessments if warranted.This step may be deferred until after Item 17 if preliminary plans and specifications are used for district formation. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 6 of 9 12. Third Council Meeting-Public Hearing and Ballot At a Council meeting held at least 45 days following mailing of the Notice of Proposed Assessments, the Town Council will: ■ Hold a public hearing to solicit any comments for or against the assessment ■ Close the public hearing and call for the tabulation of ballots The Town Clerk opens and counts ballots. Ballots are weighted on dollars assessed (for example,if all assessments are the same,each property owner has one vote). Only valid ballots actually received by the end of the hearing are counted. Unsigned,unreadable or unmarked ballots are not valid. If more than 50 percent of the ballots cast are against, the proceedings must be abandoned. If a majority approving vote is received, and the Council concurs, Council then adopts: Resolution Adopting Engineer's Report,Confirming Assessments and Directing Actions with Respect Thereto This resolution levies the assessment and directs recordings and filings for the assessment lien and directs the cash payment period. This resolution also has provisions establishing completion time requirements for individual service connections. 13. Immediately After 12 above: The Town Clerk,District Engineer and Bond Counsel, takes the following actions: ■ Files and Records Assessments,Notices of Assessment and Assessment Diagram; ■ Publishes Notice to Pay Assessments; and ■ Mails Notices to Pay Assessment to each Property Owners(include the deadline date for completing individual service connections). 14. Cash Payment Period Property Owners have a minimum 30-day period to pay cash for their assessments or any portion.At the end of the 30-day period,the exact amount of bonds to be issued is determined based on the remaining,unpaid assessments. After the cash payment period: ■ The Administrative Services Director completes the List of Unpaid Assessments; and ■ The Bond Purchase Agreement and Preliminary Official Statement are filed with the Town Clerk. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 7 of 9 Property Owners must also decide whether to contract with the Contractor performing the District work or hire their own contractor to perform individual service connection work on their property. 15. Fourth Council Meeting-Bonds At a Town Council Meeting after Item No. 14 above, Town Council adopts: ■ Resolution Authorizing Issuance of Bonds; and ■ Resolution Authorizing Execution of the Construction Contract. This step may be deferred until after Item 17 if preliminary plans and specifications need to be finalized by the District Engineer. 16. After Item 15 The Administrative Services Director and Underwriter price the bond issue, and the Town executes the following: ■ Bond Purchase Agreement(sells bonds); and ■ Preliminary Official Statement(describes bonds for market) 17. Bond Closing Approximately 2 weeks after Item 16,the bonds are delivered to Underwriter in exchange for the purchase price under the Bond Purchase Agreement. This,along with the cash payments, provides the funds for to pay for the underground project and its related costs. 18. Execution of Construction Contract The Town executes the Construction Contract with the selected bidder. Construction work would typically commence within a few weeks of contract execution. Town staff makes progress payments to the Contractor as with any public works contract.Construction duration will depend on the size and complexity of the project,but typically lasts 60 to 90 days. 19. Utility Coordination Upon completion of construction, the Town coordinates with the utilities to connect all properties to the new underground system. This process may take several weeks or more depending on the scheduling requirements of each utility company. Each property owner is responsible for connecting his or her property to the newly undergrounded facilities. The Town's contractor is usually required to offer service connection work at established costs. However,each owner may chose his or her own contractor or other provider for the individual service connection work. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 8 of 9 20. Work Completed After all connections are completed,the utilities will remove the overhead system. Town pays final bills and costs, including any remaining legal and administrative costs incurred by the Town for the project. If there is any surplus remaining,the Council may take action to provide any further improvements needed to complete the project and/or distribute any surplus as provided by law. Policy&Procedures for the Formation of Utility Undergrounding Assessment Districts Page 9 of 9 RESOLUTION NO. 0l-2017 A RE-SOLUTION OF THE TOWN COUNCIL. OF THE TOWN OF TIBURON, CALIFORNIA, DECLARING ITS INTENTION TO TAKE PROCEEDINGS PURSUANT TO THE MUNICIPAL IMPROVEMENT ACT OF 1913 AND TO ISSUE BONDS PURSUANT TO THE IMPROVEMENT BOND ACT OF 1915 TO UNDERGROUND ALL EXISTING OVERHEAD UTILITY FACILITIES WITHIN THE BOUNDARIES OF THE PROPOSED TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-1 (HAWTHORNE UNDERGROUNDING DISTRICT) AND MAKING CERTAIN FINDINGS AND DETERMINATIONS IN CONNECTION THEREWITH WHEREAS, the Town Council of the Town of Tiburon (tile "Town") has previously adopted Town Council Resolution No. 2996 supporting the Undergrounding of overhead utility wires and poles and has adopted Policy and Procedures for the Formation of Utility Undergrounding Assessment Districts (tile"Policies"); and WHEREAS, in accordance with the Policies, the owners of certain parcels of land have Submitted petitions (tile "Petitions") to the Town requesting the formation of an assessment district in order to underground all of the overhead utility wires, poles and other facilities providing utility service to the area within the proposed assessment district; and WHEREAS, the Town Clerk has reviewed the Petitions and in accordance with Streets and Highways Code Section 5896.7 has presented to the Town Council a certificate as to the sufficiency of the Petitions to the effect that petitions have been submitted by more than five owners of assessable land within the proposed assessment district, as shown on the last equalized assessment roll, who own lands constituting more than one-half of the area of all assessable lands within the proposed assessment district; and WHEREAS, the Town Engineer and Director of Public Works (tile "Town Engineer") has reviewed the Petitions and determined that the Petitions show support for the proposed assessment district by the owners of at least sixty percent (60%) of the parcels within the proposed assessment district; and WHEREAS, the Town Council desires to adopt this resolution in accordance with the Policies and the provisions of Streets and Highways Code Section 10200, which is a part of the Municipal Improvement Act of 1913 (tile "1913 Act"), declaring its intention to make acquisitions and improvements to underground all electric, telephone and cable facilities, remove poles,overhead wires, guys and anchors and complete appurtenant work thereto as further described in Section 3 hereof(tile "Improvements") and to order the formation of an assessment district to pay the costs thereof under and pursuant to the provisions of the 1913 Act; and WHEREAS, the proposed assessment district, if it is formed, is to be known and designated as the Town of Tiburon Assessment District No. 2017-1 (Hawthorne Undergrounding District) (tile "Assessment District"); and EXHIBIT NO.-41 WHEREAS, the proposed boundaries of the Assessment District are shown on a map which indicates by a boundary line the extent of the territory proposed to be included in the Assessment District, which map has been prepared by Harris & Associates (the "Assessment Engineer") and designated "Town of Tiburon Hawthorne Undergrounding District Proposed Boundary Map" (tile "Map"), which Map is on file in the office of the Town Clerk; and WHEREAS, the Town Engineer, with the assistance of the Assessment Engineer, is competent to make and file with the Town Clerk the report with regard to the Improvements, which report is required by the 1913 Act to be made and filed; and WHEREAS, the conversion of overhead electric utility distribution system facilities to underground, including connection to existing overhead electric utility distribution lines where the surface is restored to the condition existing prior to undergrounding, is categorically exempt from the California Environmental Quality Act (Public Resources Code Section 21000 et sect.) ("CEQA") and its implementing guidelines (144 California Code of Regulations Section 15000 et seri.) (the "Guidelines") pursuant to Section 15302(d)of the Guidelines;and WHEREAS, in order to finance the cost of the Improvements the Town Council intends to consider issuing bonds secured by the assessments to be levied on property in the Assessment District pursuant to the Improvement Bond Act of 1915, being Division 10 (commencing with Section 8500) of the Streets and Highways Code (the "1915 Act"); and WHEREAS, before issuing bonds, the Town Council is required, under the 1915 Act, to adopt a resolution declaring its intention to do so; NOW, THEREFORE, The Town Council of the Town of Tiburon does hereby find, order and resolve as follows: SECTION 1. The above recitals, and each of them,are true and correct. SECTION 2. In accordance with the Policies, the Town Council hereby appoints Harris & Associates as the Assessment Engineer and the firm of Stradling Yocca Carlson & Rauth, a Professional Corporation and Samuel Sperry as bond counsel for the Assessment District. SECTION 3. The Improvements generally include the undergrounding of existing electric, telephone and cable facilities, including the removal of poles, overhead wires, guys and anchors and the installation of new underground service connections and new streetlights and appurtenant work therewith within the area shown on the Map. The Map is hereby approved as the preliminary boundary Map for the Assessment District. The Improvements will be designed and constructed to the standards required by the Pacific Gas and Electric Company ("PG&E") and other utility providers. The Town will inspect the work to ensure conformance to Town standards and specifications where applicable. Once completed, the underground facilities will become the property and responsibility of PG&E and such other utility providers. Each owner of property located within the Assessment District will be responsible for arranging for and paying for work on his property necessary to connect facilities constructed by the public utilities in the public streets to the points of connection on the private property. Conversion of individual service connections on private property is not included in the work to be done by the Assessment District. Failure to convert individual service connections on private property may result in a recommendation to the Town Council that the public utilities be directed to discontinue service to that property or that other actions be taken in accordance with applicable laws to convert such individual service connections. Overhead facilities cannot be removed until all overhead service has been discontinued. SECTION 4. "rhe Town Council hereby }Inds and declares that the public interest and necessity require the acquisition and construction of the Improvements, and any portion of the costs of the Improvements to be assessed against parcels within the Assessment District will be of direct and special benefit to such parcels. The Town Council hereby declares its intention to order the conversion of the existing overhead electric and communication facilities to underground locations, and the acquisition of the Improvements, to make the expenses thereof chargeable upon the area included within the Assessment District, and to form the Assessment District. SECTION S. The Town Council further declares its intention to levy a special assessment upon the land within the Assessment District in accordance with the respective special and direct benefit to be received by each parcel of land from the Improvements. SECTION 6. The Town Council finds and determines that before ordering fine acquisition of the Improvements it shall take proceedings pursuant to the 1913 Act and pursuant to Pail 7.5 of the Special Assessment Investigation, Limitation and Majority Protest Act of 1931, Streets and Highways Code Section 2960 el seq. (the"1931 Act"). SECTION 7. The Assessment Engineer is hereby authorized and directed to make and file with the Town Cleric a written report with regard to the 1913 Act (the "Report"), which Report shall comply with the requirements of Section 10204 and Section 2961 of the Streets and Highways Code and Article MID of the California Constitution and shall contain the following: i (a) Plans and specifications for the Improvements; (b) A general description of works or appliances already installed and any other property necessary or convenient for the operation of the Improvements, if the works, appliances or property are to be acquired as part of the Improvements; (c) An estimate of the cost of the Improvements, and the cost of land, rights of ways, easements, and incidental expenses in connection with the Improvements, including the cost of registering bonds, and a determination of the portion of the costs that represent a general benefit and the portion of the Costs that represent a direct and special benefit to each of the parcels within the Assessment District; (d) A diagram showing the exterior boundaries of the Assessment District, the boundaries of any zones within the Assessment District and the lines and dimensions of each parcel of land within the Assessment District as they existed at the time of passage of this resolution (each subdivision to be given a separate number on the diagram); and (e) A proposed assessment of the total amount of the cost and expenses of the proposed Improvements that confer a direct and special benefit upon the several subdivisions of land in the Assessment District in proportion to the estimated special benefits to be received by such subdivision,respectively, from the Improvements (the assessment shall refer to the subdivisions by their respective numbers assigned as provided in (d)above). (t) A proposed maximUM annual assessment upon each of the several subdivisions of land in the Assessment District to pay costs incurred by the Town and not otherwise reimbursed which result from the administration and collection of assessments or from the administration or registration of any associated bonds and reserve or other related finds. In addition, the Report shall contain the information required by the 1931 Act as set forth in Streets and Highways Code Section 2961(b), including: (a) The total arnount, as near as may be determined, of the total principal sural of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than the proposed assessments to be levied with respect to the Assessment District, which would require an investigation and report under the 1931 Act against the total area proposed to be assessed; and (b) The total true value, as near as may be determined, of the parcels of land and improvements within the Assessment District which are proposed to be assessed. Total true value may be estimated as the full cash value of the parcels as shown upon the last equalized assessment roll of the county. Alternatively, total true value may be determined by other reasonable means, including, but not limited to, by adjusting the value shown on the last equalized assessment roll to correct for deviations fi•onl market value due to Article XIIIA of the California Constitution. SECTION 8. Notice is hereby given that serial or term bonds to represent unpaid assessments and to bear interest at a rate not to exceed 12 percent per annum will be issued in the manner provided in the 1915 Act to represent the unpaid assessments and the last installment of such bonds shall mature a maximum of 30 years from the second day of September next succeeding 12 months from their date. The principal arnount of such bonds maturing or becoming subject to mandatory prior redemption each year shall not be an amount equal to an even annual proportion of the aggregate principal amount of the bonds, but rather(except as specifically otherwise provided by the Town Council in connection with the sale of such bonds), shall be an amount which, when added to the amount of interest payable in each year, will be a sum which is substantially equal in each year, except for the moneys falling due oil the first maturity or mandatory prior redemption date of the bonds which shall be adjusted to reflect the amount of interest earned from the date when the bonds bear interest to the date when the first interest is payable oil the bonds. Such bonds shall be serviced and collected by the Town Treasurer or by such registrar- and/or paying agent(s) as this Town Council may from time to time designate. SECTION 9. Following the acquisition of the Improvements and the payment of all incidental expenses in connection with the formation of the Assessment District and the issuance of bonds pursuant to the 1915 Act, any surplus remaining in the improvement ftind established for the Assessment District shall be used as determined by the Town Council as provided in Section 10427 of the Streets and Highways Code. SECTION 10. The provisions of fart 11.1 of the 1915 Act, providing an alternative procedure for the advance payment of assessments and the calling of bonds, shall apply. SECTION 11. Except as specifically otherwise provided for herein, the Improvements shall be made and ordered pursuant to the provisions of the 1913 Act. SECTION 12. The Town Council hereby determines that the Town will not obligate itself to advance available funds from its treasury to cure any deficiency which may occur in the bond redemption fund established for the Assessment District. SECTIO_N_13. The public interest will not be served by allowing the property owners to take any contract to be let for the construction of tine Improvements, and no notice of award of contract shall be published. SECTION 14. It is hereby determined that the bonds proposed to be issued in these proceedings may be refunded. Any adjustment to assessments resulting froinn Such refunding shall be done on a pro rata basis as required pursuant to Section 8571.5 of the Streets and Highways Code. Any such refunding shall be pursuant to the provisions of Division 11.5 (commencing with Section 9500) of the Streets and Highways Code, except that, if, following the filing of the report specified in Section 9523 and any subsequent modifications of the report, the Town Council funds that all of the conditions specified in Section 9525 are satisfied and that the adjustments to assessments are on a pro rata basis, the Town Council may approve and confirm the report and any, without further proceedings, authorize, issue, and sell the refunding bonds pursuant to Chapter 3 (commencing with Section 9600) of Division 11.5 of the Streets and Highways Code. Any such refunding bonds shall bear interest at the rate of not to exceed twelve percent (12%) per annunn, or such higher rate of interest as may be authorized by applicable law at the time of sale of such bonds; and the last installment of such bonds shall mature on such date as will be determined by the Town Council in the proceedings for such refunding. SECTION 15. It is in the public interest and more economical to do certain work on private property to eliminate any disparity in level or size between the Improvements and private property and to add the actual cost of such work to the assessment of the property to which such work was done; provided that no work of this nature shall be performed until and unless the written consent of the owner of property is first obtained. SECTION 16. Pursuant to Streets and Highways Code Section 101 10, the Town intends to enter into agreements with PG&E and the other utility providers, and any agreement between the Town and PG&E, or any other public utility, for the ownership, management, or control of the underground electric, telephone and cable facilities to be installed in connection with the Improvements,would benefit any current or future residents of the Assessment District. SECTION 17. Pursuant to Section 15302(d) of the Guidelines, the undergrounding of the Improvements will have no significant effect on the environment and is categorically exempt from CEQA. The Town Clerk is directed to cause a notice of exemption to be posted as required by law. SECTION 18. The Town Council hereby waives the requirement in tine Policies for the appointment at this time of all underwriter for the Assessment District (the "Underwriter") and determines that delaying the appointment of the Underwriter to a later date in the proceedings will not adversely affect the proceedings as the Town will be engaging a municipal advisor to assist it in estimating the costs of issuing the bonds for the Assessment District. SECTION 19. All inquiries for any and all information relating to these proceedings, including information relating to protest procedures, should be directed to: Greg Chanis Town Manager 1505 Tiburon Boulevard Tiburon, California 94920 (415)435-7373 SECTION 20. This Resolution shall take effect immediately UI)011 its passage. SECTION 21. The Town Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions. PASSED, APPROVED, and ADOPTED on January 4, 2017, by the following vote: AYES: COUNCILMEMBERS: Doyle, Fraser, Fredericks, O'Donnell,Tollini NOES: COUNCILMEMBERS: None x JIM FRASERMa§ol- ATTEST: LEA STEFAN], jrawn Clerk C`Ce CCryi "r> C a e Y 5 �mC .. z 4 PRELIMINARY ENGINEER'S REPORT Assessment District No. 2017-1 (Hawthorne Undergrounding District) Prepared under the provisions of the Municipal Improvement Act of 1913 For the TOWN OF TIBURON County of Marin, California November 1, 2017 Harris & Associates EXI3IBIT NO-- DRAFT—For Review Purposes Only-Costs are not finalized Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report TABLE OF CONTENTS Page Introduction and Certifications............................................................................................ 1 PART I Description of Improvements...........................................................................7 PARTII Cost Estimate.....................................................................................................8 PART III Method of Assessment Spread and Assessment Roll.....................................9 Exhibit 1 -Assessment Roll..............................................................................21 Exhibit 2 -Debt Limit Valuation......................................................................25 PART IV Annual Administrative Assessment...............................................................26 PART V Boundary Map and Diagram of Assessment District..................................27 PART VI Description of Facilities..................................................................................28 Right-of-Way Certificate..................................................................................29 Certification of Completion of Environmental Proceedings ............................30 APPENDICES A. Assessment Calculations B. Assessment Diagram DRAFT—For Review Purposes Only Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 1 AGENCY: TOWN OF TIBURON PROJECT: ASSESSMENT DISTRICT NO. 2017-1 TO: TOWN COUNCIL ENGINEER'S "REPORT" PURSUANT TO THE PROVISIONS OF SECTIONS 2961 AND 10204 OF THE STREETS AND HIGHWAYS CODE The purpose of this Assessment District is to provide financing to underground power,telephone and cable facilities along Delmar Drive, Hawthorne Drive, Maravista Court, Palmer Court, Rock Hill Road,and portions of Hilary Drive and Tiburon Boulevard within the Town of Tiburon.The proposed underground utility improvements will provide conversion to an upgraded utility system and will enhance neighborhood aesthetics, safety and reliability. The construction of these improvements will conform to existing Town of Tiburon, Pacific Gas and Electric,AT&T and Comcast Communications standards. The proposed improvements are of special and direct benefit to the properties within the boundary of the proposed assessment district to the extent described herein. Pursuant to the provisions of Article XIIID--of the State Constitution, Part 7.5 of the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931", being Division 4 of the Streets and Highways Code of the State of California,and the"Municipal Improvement Act of 1913", being Division 12 of said Code, and the Resolution of Intention, adopted by the Town Council of the TOWN OF TIBURON, State of California, in connection with the proceedings for Assessment District No. 2017-1 (Hawthorne Undergrounding District)(hereinafter referred to as the"Assessment District"), I, K. Dennis Klingelhofer, P.E., a Registered Professional Engineer and authorized representative of Harris &Associates, the duly appointed Assessment Engineer, herewith submit the "Report" for the Assessment District, consisting of six (6)parts as stated below. PART I This part contains the preliminary plans and specifications which describe the general nature, location and extent for the proposed improvements to be constructed, and are filed herewith and made a part hereof. Said plans and specifications are on file in the Office of the Town Engineer. PART II This part contains an estimate of the cost of the proposed improvements,including capitalized interest, if any, incidental costs and expenses in connection therewith as set forth herein and attached hereto. DRAFT—For Review Purposes Only H I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 2 PART III This part consists of the following information: A. A description of the method of assessment spread; and B. The general benefit which is determined to result from the proposed improvements which has been excluded from the assessment, and the proposed assessment of the total amount of the costs and expenses of the proposed improvements upon the several subdivisions of land within the Assessment District, in proportion to the special benefits to be received by such subdivisions from said improvements, which is set forth upon the assessment roll filed herewith and made a part hereof, and C. The total amount,as near as may be determined,of the total principal sum of all unpaid special assessments previously levied and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than that contemplated for the Assessment District, which would require an investigation and report under the "Special Assessment Investigation,Limitation and Majority Protest Act of 1931"against the total area proposed to be assessed; and D. The total true value, determined from the latest Assessor's roll, of the parcels of land and improvements which are proposed to be assessed. PART IV This part contains the proposed maximum annual administrative assessment to be levied upon each subdivision or parcel of land within the Assessment District to pay the costs incurred by the TOWN OF TIBURON, and not otherwise reimbursed, resulting from the administration and collection of assessments, from the administration and registration of any associated bonds and reserve or other related funds, or both. PART V This part contains a map showing the boundaries of the Assessment District, and a diagram showing the Assessment District, the boundaries and the dimensions of the subdivisions of land within said Assessment District, as the same existed at the time of the passage of the Resolution of Intention.The Boundary Map and Assessment Diagram are filed herewith and made a part hereof, and part of the assessment. A reduced copy of the Assessment Diagram is included in this Report as Appendix B. PART VI This part shall consist of the following information: A. Right-of-Way Certificate B. Environmental Certificate DRAFT—For Review Purposes Only ( Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 3 Certificate of Assessment Engineer WHEREAS,on January 4,2017 the Town Council of the TOWN OF TIBURON,State of California,did, pursuant to the provisions of the 1913 Act"Municipal Improvement Act of 1913",being Division 12 of the Streets and Highways Code,of the State of California(the"1913 Act"),adopt Resolution No.01-2017 (the "Resolution of Intention") declaring its intention to provide for the installation and construction of certain public improvements,together with appurtenances and appurtenant work in connection therewith, in a special assessment district known and designated as TOWN OF TIBURON ASSESSMENT DISTRICT NO.2017-1 (HAWTHORNE UNDERGROUNDING DISTRICT)(hereinafter referred to as the"Assessment District"); and WHEREAS,said Resolution of Intention,as required by law,did direct the Engineer of Work to make and file a"Report", consisting of the following as required by Section 10204 of the Act: A. Description of Improvements; B. A general description of works or appliances already installed and any other property necessary or convenient for the operation of the improvement, if the works, appliances, or property are to be acquired as part of the improvement; C. Cost Estimate; D. Assessment Diagram showing the Assessment District and the subdivisions of land therein; E. A proposed assessment of the costs and expenses of the works of improvement levied upon the parcels within the boundaries of the Assessment District; F. The proposed maximum annual assessment to be levied upon each subdivision or parcel of land within the Assessment District to pay the costs incurred by the Town and not otherwise reimbursed resulting from the administration and collection of assessments or from the administration and registration of any associated bonds and reserve or other related funds. For particulars,reference is made to the Resolution of Intention as previously adopted. NOW, THEREFORE, I, K. Dennis Klingelhofer, P.E., the authorized representative of HARRIS & ASSOCIATES,pursuant to Article XIIID of the California Constitution and the 1913 Act,do hereby submit the following: 1. Pursuant to the provisions of law and the Resolution of Intention, I have assessed the costs and expenses of the works of improvement to be performed in the Assessment District upon the parcels of land in the Assessment District specially benefited thereby in amounts which do not exceed the reasonable cost of the direct proportional special benefit to be conferred on each of said parcels. For particulars as to the identification of said parcels, reference is made to the Assessment Diagram (the "Diagram"), a copy of which is attached hereto and incorporated herein. All parcels specially benefitted by the works of improvement have been included within the Assessment District. 2. As required by law, the Diagram is attached hereto, showing the Assessment District,as well as the boundaries and dimensions of the respective parcels and subdivisions of land within said Assessment District as the same existed at the time of the passage of said Resolution of Intention, each of which subdivisions of land or parcels or lots respectively have been given DRAFT—For Review Purposes Only I Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 4 a separate number upon the Diagram and in the Assessment Roll as defined below. 3. The subdivisions and parcels of land with the numbers shown on the Diagram as attached hereto correspond with the numbers as appearing on the Assessment Roll as defined below. 4. NOTICE IS HEREBY GIVEN that bonds will be issued in accordance with Division 10 of the Streets and Highways Code of the State of California (the "Improvement Bond Act of 1915"),to represent all unpaid assessments,which bonds shall be issued in one or more series, each with a term not to exceed the legal maximum term as authorized by law,THIRTY-NINE (39) YEARS from the 2nd day of September next succeeding twelve (12)months from their date. Said bonds shall bear interest at a rate not to exceed the current legal maximum rate of 12%per annum. 5. By virtue of the authority contained in said 1913 Act, and by further direction and order of the legislative body, I hereby recommend the following assessment to cover the costs and expenses of the works of improvement for the Assessment District based on the costs and expenses as set forth below: As Preliminarily As Approved Confirmed Estimated Cost of Construction: $9,028,275 Estimated Incidental Expenses: $1,755,112 Estimated Financing Costs: $1,562,620 Estimated Contributions ($500,000) Estimated Total to Assessment: $11,846,006 For particulars as to the individual assessments and their descriptions, reference is made to Part III,Exhibit I (Assessment Roll)which describes the assessment to be levied upon each parcel based upon the special benefit which it receives from the improvements to be funded by the assessments. 6. Under the Resolution of Intention, the requirement of Division 4 of the California Streets and Highway Code shall be satisfied with Part 7.5 of said Division 4, for which the following is presented: a. The total amount, as near as can be determined, of the total principal amount of all unpaid special assessment and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than contemplated in the instant proceeding is: DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 5 $0 b. The total amount of the principal sum of the special assessment (the "Balance of Assessment")proposed to be levied in the instant proceedings is: $11,846,006 c. The total amount of the principal sum of unpaid special assessment levied against the parcels proposed to be assessed, as computed pursuant to paragraph 1, above,plus the principal amount of the special assessment proposed to be levied in the instant proceedings from paragraph 2, above is: $11,846,006 The total true value, as near as may be determined, of the land and improvements for the parcels which are proposed to be assessed in the instant proceedings,as determined by the full cash value of the parcels as shown upon the last equalized assessment roll of the County of Marin, is: $141,425,336 This report does not represent a recommendation of parcel value, economic viability or financial feasibility, as that is not the responsibility of the Assessment Engineer. EXECUTED on 52017. HARRIS &ASSOCIATES K. DENNIS KLINGELHOFER, P.E. R.C.E. NO. 50255 ASSESSMENT ENGINEER TOWN OF TIBURON COUNTY OF MARIN, STATE OF CALIFORNIA DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 6 This report is submitted on 2017. HARRIS &ASSOCIATES K. DENNIS KLINGELHOFER,P.E. R.C.E. NO. 50255 ASSESSMENT ENGINEER TOWN OF TIBURON COUNTY OF MARIN, STATE OF CALIFORNIA Preliminary approval by the TOWN COUNCIL of the TOWN OF TIBURON,CALIFORNIA,on the day of 52017. TOWN CLERK TOWN OF TIBURON STATE OF CALIFORNIA Final approval by the TOWN COUNCIL of the TOWN OF TIBURON,CALIFORNIA,on the day of 12017. TOWN CLERK TOWN OF TIBURON STATE OF CALIFORNIA DRAFT—For Review Purposes Only ( Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 7 Part I Description of Improvements The following provides a description of the public improvements proposed to be constructed,installed or acquired under the provisions of the Act as shown on the Preliminary Plans on file in the office of the Town Engineer. The project includes the construction of the public improvements, including all planning, design, construction administration and general administration services,the acquisition of all necessary rights of way, the acquisition of licenses, franchises and permits and the construction of all auxiliary work necessary and/or convenient to the accomplishment thereof, in accordance with the final plans and specifications to be approved by the Town of Tiburon prior to the start of construction. The construction of the public improvements may be phased as necessary and convenient for the Town of Tiburon. Phasing will be undertaken in a manner that results in a complete and functional portion of each system described below. The following improvements are proposed to be constructed and installed in the general location referred to as the Town of Tiburon Assessment District No. 2017-1 (Hawthorne Undergrounding District) (the"Assessment District") and will include: 1. Construction of mainline underground power, telephone and cable conduit, with appurtenant manholes,pull boxes and transformers and like structures. 2. Construction of service conduit and appurtenances to property line. 3. Installation of new conductor within said conduit and underground structures by the utility companies. 4. Installation of replacement street lights. 5. Removal of existing overhead power, telephone and cable wires,poles and streetlights. The improvements will be designed by PG&E, AT&T, Comcast, and the Town of Tiburon (joint trench).The Town of Tiburon will inspect the work to ensure conformance to Town ordinances,rules, warrants, regulations, standards and specifications where applicable. Each owner of property located within the Assessment District will be responsible for arranging for and paying for work on his or her property necessary to connect facilities constructed by the public utilities in the public streets and alleys to the points of connection on the private property. Conversion of individual service connections on private property is not included in the work to be funded by the Assessment District. The estimated time for completion of the undergrounding of the utilities is 36 months after the formation of Assessment District. Construction is estimated to begin approximately 18 months after the formation of the Assessment District. Property owners will be required to provide necessary underground connections.within 120 days of the completion of the underground facilities. DRAFT—For Review Purposes Only U I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 8 Part I1 Cost Estimate Assessment District No. 2017-1 (Hawthorne Undergrounding District) JOINTTRENCH CONSTRUCTION COSTS $4,718,001 30%construction contingency $1,415,400 UTIILITY COST(PG&E,AT&T and Comcast) PG&E $2,385,171 AT&T $121,517 Comcast $138,185 ENVIRONMENTAL MITIGATION $250,000 Total Construction Cost: $9,028,275 LESS CONTRIBUTIONS Contribution for General Benefit ($25,823) Additonal contribution ($474,177) Credits: ($500,000) INCIDENTAL EXPENSES Design Engineering and Assessment Engineering $600,000 Construction Management(8%of construction cost) $722,262 Town Administration $100,000 Legal Advice to Property Owners $10,000 Underwriter** $136,350 Bond Counsel $90,000 Financial Advisor $30,000 Rating Agency $30,000 Paying Agent $9,000 Financial Printing,Registration and Servicing $10,000 Filing Fees $2,500 Incidental Contingencies $15,000 Total Incidental Expenses: $1,755,112 Total Construction and Incidental Expenses: $10,283,386 FINANCING COSTS(Estimate) Bond Reserve** $851,433 Funded Interest** $711,187 Total Financing Costs: $1,562,620 TOTAL TO ASSESSMENT: $11,846,006 * Source: Sperry Capital ** Source: Sperry Capital DRAFT—For Review Purposes Only I Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 9 Part III Method of Assessment Spread and Assessment Roll Since the improvements are to be funded by the levying of assessments,the"Municipal Improvement Act of 1913"(the"Act")and Article XIIID of the State Constitution require that assessments be based on the special benefit that the properties receive from the works of improvement. Section 4 of Article XIIID provides that only special benefits are assessable and the local agency levying the assessment must separate the general benefits from the special benefits. It also provides that parcels within a district that are owned or used by any public agency,the State of California,or the United States shall not be exempt from assessment unless the agency can demonstrate by clear and convincing evidence that those publicly owned parcels in fact receive no special benefit.In addition,Section 4 requires that a parcel's assessment may not exceed the reasonable cost of the proportional special benefit conferred on that parcel. Neither the Act nor the State Constitution specifies the method or formula that should be used to apportion the costs to properties in any special assessment district proceedings. The responsibility for recommending an apportionment of the costs to properties which specially benefit from the improvements rests with the Assessment Engineer,who is appointed for the purpose of making an analysis of the facts and determining the correct apportionment of the assessment obligation. In order to apportion the assessments to each parcel within the boundaries of the assessment district in an amount which does not exceed the reasonable cost of the proportional special benefit which it will receive from the improvements, an analysis has been completed and is used as the basis for apportioning costs to each parcel within the Assessment District. The approval of the assessments rests with the Town Council. The Council renders its decision after hearing testimony and evidence presented at a public hearing and tabulating the assessment ballots, which are mailed to all record owners of property within the Assessment District. Only ballots delivered to the Town Clerk prior to the close of the public hearing are tabulated. The Council's findings must include whether or not the assessment spread is consistent with the requirements of Article XIIID in that the assessment on each parcel is proportional to and no greater than the special benefits received by such parcel. The following sections set forth the methodology used to apportion the costs of the improvements to each parcel. SEPARATION OF GENERAL AND SPECIAL BENEFIT Under Article XIIID, only special benefits may be assessed, and it is the responsibility of the Assessment Engineer to identify, quantify, and exclude general benefits from the assessment that is apportioned to parcels in proportion to the special benefit they will receive from the improvements. As stated in the "Proposition 218 Guide for Special Districts" prepared by the California Special Districts Association, the requirement that a public agency separate the general benefits from the special benefits helps ensure that the special benefit requirement is met. As defined in Article XIIID, "special benefit"means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. The benefits associated with the undergrounding of overhead utilities are related to increased DRAFT—For Review Purposes Only H I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 10 reliability, improved neighborhood aesthetics, enhanced safety and the removal of obstructions to view within the Assessment District and potentially for areas outside of the Assessment District. The specific location and nature of the undergrounding project will determine if the benefits are a"general benefit"or provide a"special benefit"to parcels within the Assessment District, or a combination of both. GENERAL BENEFIT Because of the localized nature of the improvements within the Assessment District and the small number of parcels that will be impacted by the undergrounding of the existing overhead utilities along roadways providing ingress/egress to the parcels within the District, the Assessment Engineer has determined the benefits described in the following section represent special benefits that are conferred on parcels within the Assessment District, and that there are no "general benefits" that will be conveyed to parcels outside the boundaries of the Assessment District, or to the public at large associated with the undergrounding of the overhead utilities within the Assessment District except as described in the findings below: • Aesthetics Benefit. The Assessment Engineer has determined that there are no aesthetic benefits which represent general benefit or benefits to the public at large. This is based upon the fact that the majority of the utility poles and overhead facilities that will be undergrounded are located along the local streets within the Assessment District that provide ingress/egress to parcels within the District. Those local streets are not used by "through traffic" to reach destinations that are outside the District. The removal of the overhead utilities and poles will provide an aesthetic benefit for the parcels within the District which the Assessment Engineer has determined represents a special benefit to parcels within the District. In addition to the removal of the existing overhead utilities on the local streets within the District,there are also overhead lines on several utility poles which will be removed that are located adjacent to the Old Rail Trail at the rear of the parcel owned by the Belvedere Tennis Club,and several poles that are near Tiburon Boulevard but away from the edge of the pavement. The Assessment Engineer has determined that the removal of those poles does not provide an improvement in aesthetics that would represent a general benefit to the community or the public at large. The existing utilities do not impact aesthetics for park visitors related to views of the bay since they are located on the opposite side of the trail. For traffic on Tiburon Boulevard the existing utilities are generally located almost one hundred feet to several hundred feet from the edge of pavement,and are largely screened by the tennis club's facilities which are located between Tiburon Boulevard and the existing utilities. The removal of the existing overhead utilities near the Old Rail Trail will not result in increased usage of the Richardson Bay Linear Park by visitors who had not previously used the park because of the visual blight caused by the existing overhead utilities, or result in increased traffic along Tiburon Boulevard because of improved views looking towards the bay. While the Town has identified its desire to remove all the poles along the Old Rail Trail and Tiburon Boulevard,the Assessment Engineer has determined that the undergrounding of those utility poles does not provide a general benefit to all parcels within the Town or to the public at large of the type that must be separated from special benefits under the requirements of Proposition 218. The Assessment Engineer's review of studies completed by a number of organizations and public entities found that the undergrounding of utilities did not provide an DRAFT—For Review Purposes Only I Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 11 economic benefit to parcels not within the Assessment District or the community at large. The studies found that the cost of undergrounding utilities was many times the value or economic benefit to the community, that the benefit to the public at large was not quantifiable, and that there was no economic benefit to the community related to increased business expenditures or tourism as a result of the undergrounding. • Enhanced Reliability Benefit. The Assessment Engineer has determined that there is no general benefit that will be conveyed to parcels outside of the Assessment District, or to the public at large related to enhanced reliability. This is based upon industry data that shows there is little difference in the total "out of service" time (the total service interruption time for all outages measured by the frequency of service interruptions and the time to repair) for customers served by overhead systems versus those served by underground utilities. While the undergrounding of an existing overhead utility generally results in a reduction in the frequency of service interruptions, the time to restore service in an underground utility is longer due to the difficulty in identifying the location of system outages and the time required to complete repairs. Because of this, the total "out of service" time is comparable for overhead and underground utility systems. The result is that parcels outside of the District will not see a reduction in "out of service" time as a result of the undergrounding of the existing overhead utilities within the Assessment District. In addition to looking at "out of service" time, the ability of the utility to restore service to parcels outside of the Assessment District in the event of damage to the utilities (whether overhead or underground)within the District was also reviewed. Based upon redundancies in the system and PG&E's operation of the distribution system,power could be restored to parcels outside of the Assessment District prior to the repair of the damaged utilities within the Assessment District. Existing facilities outside of the District could be used to feed power to parcels outside of the District while repairs are being made. For example, although the utility lines located adjacent to the Old Rail Trail are part of PG&E's distribution system that provides power to downtown Tiburon, if one of those utility poles were damaged, PG&E could restore power to parcels outside of the Assessment District, including the downtown area, by "switching" power to restore service to parcels outside of the Assessment District prior to the completion of repairs. Similarly, if parcels outside the District are affected by a portion of the existing overhead facilities within Hilary Drive being damaged as a result of a vehicle hitting a utility pole, PG&E could restore power to those parcels prior to the completion of repairs. Finally,if a portion of the overhead utilities within Rock Hill Road,north of Hillary Drive were damaged, no parcels outside the Assessment District would be impacted. Since the ability to restore service to parcels outside of the District is not improved as a result of undergrounding the utilities within the District,there is no enhanced reliability benefit to parcels outside of the Assessment District from undergrounding the existing overhead utilities within the District. ■ Removal of Obstructions to View. The Assessment Engineer has determined that the two(2) parcels that are owned by the Town of Tiburon which are outside the boundaries of the Assessment District will not receive a benefit from the relocation of the overhead utilities adjacent to the Old Rail Trail on those parcels. This is based upon the Assessment Engineer's determination that the overhead utilities that are located on the Belvedere Tennis Club's parcel do not obstruct views towards the bay for park users since they are located in the opposite direction. In addition, since there is no development currently on those parcels or that would DRAFT—For Review Purposes Only ( Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 12 be allowed in the future that would benefit from the removal of obstructions to view from the existing utilities since the parcels are within the jurisdiction of the San Francisco Bay Conservation and Development Commission. ■ Safety Benefit. The safety benefit related to the undergrounding of the overhead facilities within the Assessment District is a result of the removal of the fixed obstructions (existing power poles, guy wires and related facilities) from the right-of-way, and the mitigation of the potential delay by emergency responders that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized. In addition, the threat to structures or property being damaged by downed utility lines and poles caused by earthquakes, high winds and other unforeseeable events is reduced by the undergrounding of the existing overhead utilities. The Assessment Engineer has determined that there is a general benefit to the public at large related to the undergrounding of the existing overhead utilities located adjacent to the Old Rail Trail. The relocation and undergrounding of the utilities adjacent to the Old Rail Trail will provide increased safety to those using Richardson Bay Lineal Park by removing the risk of injury from coming in contact with downed utilities and the removal of the fixed obstructions that are located in proximity to the trail. Based upon a street frontage of 75 feet for a typical residential parcel,the 590 linear feet of overhead utilities adjacent to the Old Rail Trail is the equivalent of the frontage for 7.85 residential parcels. A total of 3.925 benefit points have been assigned for the general benefit which represents 50% of the benefit that would be assigned to the equivalent number of residential parcels since there are no structures that could be damaged by downed utility poles or lines, or damaged by vehicles hitting a utility pole. A contribution of$25,823 will be required to offset the general benefit related to the safety benefit associated with the undergrounding of the existing overhead utilities along the Old Rail Trail. SPECIAL BENEFITS While the courts have found that a general enhancement of property value does not constitute"special benefit"(Silicon Valley Taxpayers'Assn v. Santa Clara Cnty. Open Space Authority)if an assessment district is narrowly drawn so that parcels that benefit in way that is particular and distinct from parcels outside of the district, or the public at large they are deemed to receive a special benefit. Specifically, the undergrounding of existing overhead utilities adjacent to parcels and the installation of new street lights on the streets which provide ingress/egress to each parcel provides a particular and distinct benefit to those parcels that is not realized by other parcels or to the public at large. The courts have found that the characterization of a benefit(special vs.general)may depend on whether parcels within a district receive a direct advantage from the improvement based upon their proximity to the improvement, or receive an"indirect, derivative advantage resulting from the overall public benefits of the improvement"(e.g., general enhancement of the district's property values). There are four (4) types of special benefit that parcels may receive as a result of the proposed undergrounding of the existing overhead utility facilities (power, telephone, street light and cable facilities)with underground facilities. ■ Aesthetics Benefit. Based upon the studies reviewed by the Assessment Engineer and his experience, the greatest benefit to parcels from the undergrounding of overhead utilities is related to the improved neighborhood aesthetics which result from the undergrounding of the DRAFT—For Review Purposes Only Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 13 existing overhead utilities within the Assessment District. The undergrounding of the overhead utilities enhances the aesthetics of the streetscape by removing the physical and visual impediments related to the existing overhead utilities within the right-of-way along the local streets, and will improve the visual environment for residential properties within the Assessment District. In addition, the removal of the overhead utilities within the Assessment District will bring the area surrounding each parcel closer to current development standards which require that all utilities be placed underground. This will increase the desirability of the parcels within the Assessment District to a potential purchaser when compared to a similar parcel served by overhead wires and utility poles. All of the parcels within the Assessment District will specially benefit from the removal of the overhead wires and utility poles serving the parcels within the boundaries of the Assessment District. ■ Enhanced Reliability Benefit. The installation of all new wires and new equipment installed underground within the Assessment District will reduce the frequency of localized service interruptions to both residential and non-residential parcels within the District due to the increased reliability of the upgraded facilities. In addition, the technology used in modern underground systems allow the utility to minimize the number of parcels impacted by an outage. Parcels which have not already undergrounded their service will also see a reduction in outages related to damages to their individual service lines from falling limbs during wind storms or other types of weather events or natural disaster since they will be required to be underground their utility service in order to connect to the new underground system. As a result, each parcel within the Assessment District will receive a special benefit related to enhanced reliability from the undergrounding of the existing overhead utilities within the Assessment District that is not received by parcels outside of the District. ■ Removal of Obstructions to View. Parcels which have water views are more desirable to purchasers,and the premium placed on a parcel with a water view is dependent upon the quality of the view. The removal of the existing overhead utilities which may be seen from within the structure or from outside living areas when looking towards Richardson Bay from the parcel will provide a special benefit to residential parcels within the Assessment District that will vary in proportion to the impact the existing overhead utilities and poles have on their view. ■ Safety Benefit.The undergrounding of the overhead facilities within the District will specially benefit all parcels within the Assessment District in two ways from a safety perspective. The first relates to the elimination of the threat to structures or property, including any occupants within those structures, from being damaged or harmed by downed utility lines and poles caused by earthquakes, high winds and other unforeseeable events. The second relates to the removal of the fixed obstructions from the right-of-way,and the potential delay by emergency responders in an emergency that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized. As described in the Methodology section below, not all parcels receive these benefits to the same extent based upon their land use(residential versus non-residential),and their proximity to the existing overhead utilities that will be undergrounded. To establish the special benefit each individual parcel within the Assessment District receives in proportion to the other parcels within the Assessment District, a Benefit Point system is used. Each parcel of land is assigned benefit points based upon the special benefit a parcel receives relative to the DRAFT—For Review Purposes Only Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 14 other parcels within the Assessment District from the utility undergrounding activities. The Assessment Engineer has assigned benefit points to each residential parcel based upon the benefit it receives from the undergrounding of the existing overhead utilities as discussed below. ■ District Aesthetics Benefit.All residential parcels within the Assessment District,which have their primary ingress/egress along a street where the existing overhead utilities adjacent to their parcel frontage(along either side of the street)will be undergrounded,will benefit equally from the undergrounding of the existing overhead utilities. Each parcel which has existing overhead utilities adjacent to its frontage is assigned one (1) benefit point for each existing or potential dwelling unit which could be constructed on the parcel. Those parcels where the existing overhead utilities do not front the parcel, but which receive utility services from the existing overhead utilities within the Assessment District and must use the street(s)where the existing utilities will be undergrounded will receive 50% of the benefit assigned to parcels where the existing overhead utilities front the parcel since they are impacted to a lesser degree by the existing overhead utilities. Since the streets within the Assessment District do not provide access to areas which extend beyond the boundaries of the Assessment District and since the overhead utilities in the Assessment District are not generally visible from areas that are outside of the Assessment District there is no aesthetic benefit for parcels that are not within the Assessment District boundaries. ■ Safety Benefit. Parcels within the District will benefit from the elimination of potential property damage from downed utility lines and poles, the removal of the fixed obstructions from the right-of-way, and the mitigation of the potential for delay by emergency responders that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized. Each parcel that has its point of ingress/egress along a street which has overhead facilities that will be undergrounded is assigned one (1) benefit point for each existing or potential dwelling unit which could be constructed on the parcel. Parcels that are served by utilities which have been undergrounded adjacent to the parcel's frontage, including utility services to the parcel, but which must use streets within the Assessment District for ingress/and which would be impacted by downed wires or poles in the existing overhead utilities that are to be undergrounded are assigned one-half(1/2) a benefit point since they receive a reduced benefit because structure: or occupants would not be damaged from downed utility lines and poles, but do receive a special benefit related to the mitigation of potential for delays by emergency responders as a result of the downed utility lines. ■ Enhanced Reliability Benefit. All parcels within the District that receive services from the existing overhead utilities or which would be impacted by a service outage of the existing overhead utilities within the District will specially benefit from the enhanced reliability of service due to having all new wires and equipment and having such new equipment underground, and the intelligent technology which minimizes the number of parcels impacted by a service outage. Each parcel is assigned one(1)benefit point for each existing or potential dwelling unit which could be constructed on the parcel. Parcels that are served by utilities which have been undergrounded, including their service lines, immediately adjacent to the DRAFT—For Review Purposes Only U I Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 15 parcel but which tie into existing overhead utilities that will be undergrounded and which would be impacted by a service outage in the existing overhead utilities that are to be undergrounded are assigned one-half(1/2)a benefit point since they receive a reduced benefit. ■ Removal of Obstructions to View. The removal of obstructions to view from the overhead utilities looking towards Richardson Bay will provide a special benefit to parcels based upon their locations and the impact the existing overheard utilities that will be undergrounded have on their view. The level of benefit a parcel receives is based on the following definitions. o High(1.0). The view from the parcel looking towards Richardson Bay from within the dwelling or from outside living areas is significantly obstructed by the presence of the existing overhead utilities located adjacent to the parcel and will be improved by the removal and undergrounding of the existing overhead utilities. o Medium(0.5).The view looking towards Richardson Bay from within the dwelling or from outside living areas is partially obstructed by the presence of the existing overhead utilities and will be improved by the undergrounding of the existing overhead utilities, but the existing overhead utilities are not generally located adjacent to the parcel. o Low (0.25). The view looking towards Richardson Bay from within the dwelling or from outside living areas is minimally obstructed by the presence of the existing overhead utilities that are visible from the parcels, but not generally located on the street(s) immediately adjacent to the parcel, and the view will be minimally unproved by the undergrounding of the existing overhead utilities. o None(0.0). The parcel may or may not have a view of Richardson Bay from within the dwelling,however,the existing overhead utilities that will be undergrounded are not visible within the view shed of the parcel looking towards Richardson Bay. Exceptions There are several parcels within the Assessment District which are not developed or planned for residential use. Each of those parcels has a conditional use permit which allows the continued use of the parcel as it is currently developed, and no change in use is likely to occur which would alter the special benefit the parcel receives. The methodology used to assign benefit points relative to the non- residential use parcels is explained below. 1. St. Hilary Catholic Church and School A.N. 16, 17 & 23 (Assessor's Parcel Numbers (APN) 055-253-22, 055-253-21 &039-151-52) is developed as a parish and school-site owned by the Archdiocese of San Francisco and encompasses roughly 7.62 acres. The main entrance to the school is on Rock Hill Road, which is being undergrounded,and there is a second entrance on Hillary Drive which is also being undergrounded. Both the church and school receive utility service from Rock Hill Road. Because this property is developed as a church and school site, the special benefit which it receives is not the same as a residential parcel based on its use. a) Aesthetics Benefit. Schools and churches are treated differently than residential parcels DRAFT—For Review Purposes Only Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 16 when determining the aesthetic benefit they receive as a result of the undergrounding of existing overhead utilities. Unlike residential parcels, parcels developed for religious or school use are not more desirable to a potential purchaser as a result of the undergrounding of the existing overhead utilities. This is a result of the limited number of parcels that may be on the market and as a result there is not a direct impact on the desirability of a parcel where the utilities have been undergrounded compared to a similar parcel which is served by overhead utilities. However, some special benefit is attributable to the property from improved aesthetics and it's reasonable to attribute the benefit to that of a single family residence. One (1)benefit point is assigned for aesthetic benefit. b) Improved Safety Benefit. The school and church property receives an improved safety benefit from the undergrounding project which will remove the fixed obstructions along the streets which provide access to the property and the potential for delay by emergency responders that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized. The structures on these parcels will not benefit from the elimination of potential property damage from downed utility lines and poles since the existing overhead utilities are not located near any existing or potential future structures. Since the primary benefit for these parcels is related to the removal of the fixed obstructions along the streets used for ingress/egress and the reduction in the potential delay by emergency responders, the benefit to these parcels is related to a residential property based upon the number of trips generated per day which would use streets within the Assessment District. Based upon an average of 10 trips per day for residential parcels and an average of 2.7 trips per student per day(estimated enrollment of 276 students),these parcels are the equivalent of 74.5 equivalent dwelling units. Since these parcels do not benefit from the elimination of potential property damage or injury to occupants due to the location of the improvement on these parcels in relationship to the location of the existing overhead utilities, they receive a reduced benefit related to the removal of the fixed obstructions and the reduction in potential delays by emergency responders. The safety benefit is reduced by 75% rather than the 50% for a residential parcel where the utilities have undergrounded adjacent to the parcel's frontage since the hours of use or occupancy are less than for residential parcels. A total of 18.625 benefit points are assigned for the safety benefit. c) Enhanced Reliability Benefit. Residential parcels are assigned one(1)benefit point for each electrical service to structures on the parcel. As there are five(5)independent structures on the property served by the existing utilities, the enhanced reliability benefit is considered for each of the structures and is then added together. The combined enhanced reliability benefit for these parcels is 5 benefit points. d) Removal of Obstructions to View. The location of the existing overhead utilities which will be undergrounded do not impact the views from the structures or outside use areas and no benefit points are assigned for this benefit factor. 2. Community Congregational Church of Tiburon A.N. 33 (Assessor's Parcel Number(APN)039-111-21) is a church site and encompasses roughly 4.87 acres. The main entrance to the site is at the upper end of Rock Hill Road, which is being DRAFT—For Review Purposes Only ( Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 17 undergrounded. The church receives utility services from the existing overhead utilities Rock Hill Road that will be undergrounded. Because this property is developed as a church, the special benefit that it receives is not the same as a residential parcel based on its use. a) Aesthetics Benefit. Churches are treated differently than residential parcels when determining the aesthetic benefit they receive as a result of the undergrounding of existing overhead utilities. Unlike residential parcels,parcels developed for religious use do not see an increase in marketability to a potential purchaser as a result of the undergrounding of the existing overhead utilities. This is a result of the limited number of parcels that may be on the market and as a result there is not a. direct increase in the desirability of a parcel where the utilities have been undergrounded compared to a similar parcel which is served by overhead utilities. However,some benefit is attributable to the property from improved aesthetics. It is reasonable to attribute the benefit to that of a single family residence. One (1)benefit point is assigned for aesthetic benefit. a) Improved Safety Benefit. The church property receives an improved safety benefit from the undergrounding project which will remove the fixed obstructions along the streets which provide access to the property and the potential for delay by emergency responders that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized. The structures on this parcels will not benefit from the elimination of potential property damage from downed utility lines and poles since the existing overhead utilities are not located near any existing or potential future structures. Since the primary benefit for these parcels is related to the removal of the fixed obstructions along the streets used for ingress/egress, the benefit to these parcels is related to a residential property based upon the number of trips generated per day. Based upon an average of 10 trips per day for a typical residential parcel and an average of 5.0 trips per 1,000 sq. ft.per day for houses of worship and quadruple that rate for days of assembly(estimated useable building area of approximately 12,500 sq. ft.),this parcels is the equivalent of 9 residential units. The benefit received by this parcel is only related to the removal of the fixed obstructions and the reduction in potential delays for emergency responders. As a result, the safety benefit is reduced by 75%rather than the 50%for a residential parcel where the utilities have been undergrounded adjacent to the parcel's frontage since the hours of use or occupancy are less than for residential parcels. A total of 2.25 benefit points is assigned for the safety benefit. b) Enhanced Reliability Benefit. As there is a single structure on the property served by the existing utilities, the Enhanced Reliability Benefit is considered to be the same as for a single family home and 1.0 benefit point is assigned. c) Removal of Obstructions to View. The existing overhead utilities do not impact the views from the structure or outside use areas and no benefit points have been assigned for this benefit factor. 3. Belvedere Tennis Club A.N. 109 (Assessor's Parcel Numbers (APN) 055-201-36) is a tennis club and encompasses roughly 3.61 acres. The main entrance to the site is located on Tiburon Boulevard, which has DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 18 already been undergrounded. The tennis club receives utility services from the existing overhead utilities which are located within Richardson Bay Lineal Park, which is adjacent to the rear of the property. The benefit points assigned to this parcel are based upon the proposed relocation of the point of utility service from the existing overhead facilities at the rear of the parcel to a location adjacent to Tiburon Boulevard. In addition, the Sanitary District has an easement on the parcel and has a small building which houses a pump station for the Sanitary District. Because this property is a not used for residential uses, it has different levels of benefit based on how it is used. a) Aesthetics Benefit. Non-residential uses on a parcel are treated differently when determining any aesthetic consideration. Since the ingress/egress to the parcel is off of Tiburon Boulevard and there are no overhead utilities adjacent to the parcel along Tiburon Boulevard it will receive no aesthetic benefit from the utilities being undergrounded. In addition as there is no requirement for vehicles to use streets where the existing overhead utilities will be undergrounded to access this parcel,zero(0)benefit points are assigned for the aesthetics benefit. b) Improved Safety Benefit. This property receives an improved safety benefit from the relocation of the existing overhead utilities at the rear of the property to new underground facilities within/adjacent to the Tiburon Boulevard public right-of-way. Based upon a street frontage of 75 feet for a typical residential parcel, the 590 linear feet of overhead utilities along the rear of the parcel adjacent to the linear park is the equivalent frontage for 7.85 residential parcels. While the potential for damage to the Tennis Club's facilities exist from downed wires or poles from the existing overhead utilities,the benefit is less than for residential uses since the improvements which would be damaged would be limited to fencing and ancillary structures around the tennis courts. Since the parcel will not benefit from the removal of the fixed obstructions along the streets within the District and the potential for delay by emergency responders that will neither cross a downed power line nor set up equipment if an overhead utility line is in the way until it has been de-energized, the safety benefit is reduced by fifty percent(50%) from a typical residential parcel which results in the assignment of 3.925 benefit points for the improved safety benefit. c) Enhanced Reliability Benefit. There are two (2) services on the property served by the existing utilities,the enhanced reliability benefit is based upon the number of services and 2.0 benefit points are assigned. In addition, there is a pump station owned by the Richardson Bay Sanitary District that is located within an easement on A.N, 104 (Belvedere Tennis Club) that is served by the existing overhead utilities. The undergrounding of the existing utilities serving the pump station will provide enhanced reliability. One(1)benefit point has been assigned for the enhanced reliability benefit for that use. d) Removal of Obstructions to View. The existing overhead utilities which are located on the parcel adjacent to the Linear Park Trail have a significant impact on the views from the clubhouse and outside use areas.The view from those areas will be significantly improved by their removal. Based upon a street frontage of 75 feet for a typical residential parcel, within the Assessment District, the approximately 590 linear feet of overhead utilities located on the parcel adjacent to the linear park is equivalent to the frontage for 7.85 DRAFT—For Review Purposes Only I Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 19 residential parcels. Based upon the assessment methodology described earlier, this parcel would be assigned a total of 7.85 benefit units based upon the equivalent street frontage for the removal of obstructions to view benefit. Since Article XIIID prohibits an assessment on a parcel which is greater than the proportional special benefit which it receives, the Assessment Engineer has reduced the benefit points assigned for Removal of Obstructions to View by 50%to 3.925 benefit units.This is based upon a finding that the undergrounding of the existing utilities will have a reduced impact on the desirability of the parcel and the view from the parcel looking towards Richardson Bay to a potential purchaser when compared to the benefit that residential parcels would receive from the removal of the obstructions to view as a result of undergrounding of the existing utilities. Vacant Properties For purposes of calculating the benefit received from the utility undergrounding project, a vacant parcel is considered developed to its highest potential and connected to the system. The following is a brief discussion of the vacant property within this District. For A.N. 24, Assessor's Parcel Number(APN) 039-111-55) a map to sub-divide this parcel into two (2) parcels has been submitted to the Town and the parcel has a high potential for residential development. Since it is likely that two (2) residences will be constructed on the parcel once sub- division has been approved,benefit points are assigned to this parcel based upon the future subdivision of the parcel for residential use. Since the new parcels will obtain utility services from the existing utilities located on Via Pariso, no benefit points will be assigned for the enhanced reliability benefit. Benefit points have been assigned to this parcel for the aesthetics, improved safety and view enhancement benefits based upon the level of development (2 residential units) that would be permitted as described in the previous section. Properties Excluded from Assessment In addition to the parcels described above, there are three (3) parcels within the boundaries of the District that do not receive a special benefit from the undergrounding project and therefore have not been assigned benefit points. The reasoning is as follows: 1. A.N. 55B (APN 055-183-30) is a sliver parcel that cannot be developed and, as such will not benefit from the improvements. 2. A.N. 115B (APN 055-201-32)is a sliver parcel that cannot be developed and,as such will not benefit from the improvements. 3. A.N. 117B (APN 055-201-25) is a sliver parcel that serves as a private roadway to serve A.N 117A (APN 055-201-02) and it cannot be further developed. As such, this parcel will not receive a benefit from the improvements. ASSESSMENT APPORTIONMENT The special benefit received by parcels within the Assessment District has been weighted according to the betterment received by them based upon a weighting of the benefits as shown below: DRAFT—For Review Purposes Only I Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 20 District Aesthetics Benefit 50% Safety Benefit 10% Enhanced Reliability Benefit 10% Removal of Obstructions to View 30% The weighting shown is based upon the judgement and experience of the Assessment Engineer,a field review of the parcels within the Assessment District by the Assessment Engineer, public testimony and by the confirmation of this report by the Town Council based upon the absence of a majority protest. The amount of special benefit allocated to each parcel within the Assessment District that receives a special benefit has been apportioned to each parcel in proportion to the benefit points assigned to the parcel as a percentage of the total benefit points for each benefit factor. The general benefit derived from the improvements as calculated in this report has been removed from the total amount to be assessed. The assessment on each parcel does not exceed the costs of the proportional special benefit conferred on the parcel. There are no publically owned parcels within the boundaries of the Assessment District. Incidental Expenses and Financial Costs have been assessed to the entire Assessment District on a pro rata basis relative to the total construction cost allocations. CONTRIBUTIONS In addition to the contribution for general benefit, the Town has elected to make an additional contribution of up to four hundred seventy four thousand, one hundred and seventy seven dollars ($474,177) to the Assessment District. If the total cost of construction and incidental expenses is equal to or greater than the$10,757,563,then the full amount will be contributed. If the total cost of the construction and incidental cost is less than $10,757,563, then the Town's contribution would be reduced by a percentage equal to the percentage reduction of the costs. In determining the amount to be assessed to each parcel as set forth in Appendix A,the Town contribution has been applied first to reduce the assessments assigned to non-taxable properties (church owned) located within the Assessment District by seventy-five percent. As such, the church owned parcels will be reduced by seventy-five percent,for a reduction of$236,054.44. The balance of the Town contribution remaining after the reduction in the assessments to the church owned parcels ($238,122.56) has been applied proportionately to each of the remaining parcels to reduce the assessment on each parcel. Given this application of the Town contribution,the assessment on each parcel within the District is proportional to, and no greater than, the special benefits conferred on each parcel by the improvements. The reduction in the assessments on the church owned parcels does not result in an increase in the assessment on any other parcel in the Assessment District and is consistent with the provisions of Article XIIID of the State constitution. After the reducing the amount to be assessed by the Town contribution and related reduction in financing costs as described above,the assessments to be levied upon each parcel is shown in Exhibit 1. DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 21 Exhibit 1 Assessment Roll Assessor's Total True Existing Assessments as AssessmentsValue-to-Lien Asmt No. parcel NumberI Liens Preliminarily as Confirmed Ratio Value Approved and Recorded 1 055-222-06 $891,025 NA $104,076.89 8.6 : 1 2 055-222-05 $943,299 NA $104,076.89 9.1 : 1 3 055-222-04 $569,407 NA $88,329.60 6.4 : 1 4 055-222-03 $1,470,469 NA $18,999.74 77.4 : 1 5 055-222-07 $2,807,810 NA $88,329.60 31.8 : 1 6 055-222-08 $2,083,330 NA $104,076.89 20.0 : 1 7 055-222-09 $111,812 NA $135,571.46 0.8 : 1 8 055-222-10 $315,064 NA $135,571.46 2.3 : 1 9 055-222-11 $686,834 NA $104,076.89 6.6 : 1 10 055-222-12 $690,576 NA $104,076.89 6.6 : 1 11 055-222-13 $115,951 NA $72,582.32 1.6 : 1 12 055-222-14 $453,520 NA $72,582.32 6.2 : 1 13 055-222-15 $1,810,744 NA $72,582.32 24.9 : 1 14 055-222-18 $683,785 NA $72,582.32 9.4 : 1 15 055-222-19 $1,353,264 NA $72,582.32 18.6 : 1 16 055-253-22 $825,935 NA $32,588.85 25.3 : 1 17 055-253-21 $731,592 NA $18,880.63 38.7 : 1 18 055-221-01 $1,123,091 NA $104,076.89 10.8 : 1 19 055-221-02 $587,922 NA $104,076.89 5.6 : 1 20 055-221-03 $128,609 NA $104,076.89 1.2 : 1 21 055-221-04 $111,812 NA $104,076.89 1.1 : 1 22 055-221-05 $163,250 NA $104,076.89 1.6 : 1 23 039-151-52 $7,827,681 NA $17,740.73 441.2 : 1 24 039-151-55 $62,187 NA $147,609.97 0.4 : 1 25 039-151-47 $2,638,220 NA $88,329.60 29.9 : 1 26 039-151-37 $271,819 NA $104,076.89 2.6 : 1 27 039-151-54 $3,905,666 NA $83,854.49 46.6 : 1 28 039-151-24 $1,539,079 NA $135,571.46 11.4 : 1 29 039-151-23 $1,178,254 NA $135,571.46 8.7 : 1 30 039-151-22 $2,996,295 NA $104,076.89 28.8 : 1 DRAFT—For Review Purposes Only Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 22 Assessor's Total True Existing Assessments as AssessmentsValue-to-LienAsmt No. Parcel Number1 Liens preliminarily as Confirmed Ratio Value Approved and Recorded 31 039-151-21 $2,334,059 NA $135,571.46 17.2 : 1 32 039-111-22 $1,323,805 NA $135,571.46 9.8 : 1 33 039-111-21 $830,641 NA $21,431.21 38.8 : 1 34 039-152-04 $1,853,708 NA $72,582.32 25.5 : 1 35 039-152-03 $2,342,604 NA $72,582.32 32.3 : 1 36 039-152-02 $376,745 NA $88,329.60 4.3 : 1 37 039-152-01 $2,590,984 NA $88,329.60 29.3 : 1 38 055-211-32 $1,425,058 NA $88,329.60 16.1 : 1 39 055-211-31 $3,689,175 NA $88,329.60 41.8 : 1 40 055-211-17 $2,834,626 NA $104,076.89 27.2 : 1 41 055-211-16 $915,179 NA $104,076.89 8.8 : 1 42 055-211-15 $1,083,077 NA $135,571.46 8.0 : 1 43 055-211-02 $1,503,439 NA $135,571.46 11.1 : 1 44 055-211-03 $1,491,162 NA $135,571.46 11.0 : 1 45 055-211-04 $322,758 NA $135,571.46 2.4 : 1 46 055-211-05 $1,372,745 NA $135,571.46 10.1 : 1 47 055-211-06 $1,094,841 NA $104,076.89 10.5 : 1 48 055-211-07 $1,978,690 NA $104,076.89 19.0 : 1 49 055-211-08 $199,573 NA $104,076.89 1.9 : 1 50 055-183-28 $643,971 NA $104,076.89 6.2 : 1 51 055-183-27 $1,584,315 NA $104,076.89 15.2 : 1 52 055-183-26 $1,309,013 NA $104,076.89 12.6 : 1 53 055-183-25 $869,577 NA $88,329.60 9.8 : 1 54 055-183-24 $1,285,564 NA $72,582.32 17.7 : 1 55A * 055-183-23 $703,975 NA $88,329.60 8.0 : 1 55B * 055-183-30 $1 NA $0.00 0.0 : 1 56 055-183-29 $959,584 NA $88,329.60 10.9 : 1 57 055-183-21 $167,188 NA $88,329.60 1.9 : 1 58 055-183-20 $2,912,644 NA $88,329.60 33.0 : 1 59 055-183-19 $1,143,532 NA $104,076.89 11.0 : 1 60 055-183-18 $216,242 NA $104,076.89 2.1 : 1 61 055-183-17 $190,283 NA $104,076.89 1.8 : 1 62 055-183-16 $483,174 NA $104,076.89 4.6 : 1 DRAFT—For Review Purposes Only I Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 23 Assessments as Assessments Assessor's Total True Existing Value-to-Lien Asmt No. parcel Number I Liens Preliminarily as Confirmed Ratio Value Approved and Recorded 63 055-183-15 $628,098 NA $88,329.60 7.1 : 1 64 055-183-14 $1,367,902 NA $88,329.60 15.5 : 1 65 055-183-13 $1,116,930 NA $104,076.89 10.7 : 1 66 055-182-11 $1,203,974 NA $104,076.89 11.6 : 1 67 055-182-12 $173,527 NA $104,076.89 1.7 : 1 68 055-182-13 $754,734 NA $104,076.89 7.3 : 1 69 055-182-14 $778,406 NA $104,076.89 7.5 : 1 70 055-182-15 $1,355,266 NA $104,076.89 13.0 : 1 71 055-182-16 $1,001,081 NA $104,076.89 9.6 : 1 72 055-212-01 $1,363,987 NA $104,076.89 13.1 : 1 73 055-212-02 $111,812 NA $104,076.89 1.1 : 1 74 055-212-03 $1,504,600 NA $104,076.89 14.5 : 1 75 055-212-04 $818,570 NA $104,076.89 7.9 : 1 76 055-212-05 $1,250,723 NA $104,076.89 12.0 : 1 77 055-212-06 $85,921 NA $104,076.89 0.8 : 1 78 055-212-07 $409,352 NA $104,076.89 3.9 : 1 79 055-212-08 $1,192,408 NA $104,076.89 11.5 : 1 80 055-212-09 $1,690,525 NA $104,076.89 16.2 : 1 81 055-212-10 $125,905 NA $104,076.89 1.2 : 1 82 055-191-01 $409,670 NA $135,571.46 3.0 : 1 83 055-191-02 $2,092,251 NA $135,571.46 15.4 : 1 84 055-191-03 $1,689,533 NA $135,571.46 12.5 : 1 85 055-191-04 $203,495 NA $104,076.89 2.0 : 1 86 055-.191-05 $1,542,164 NA $104,076.89 14.8 : 1 87 055-191-06 $131,232 NA $104,076.89 1.3 : 1 88 055-191-07 $1,239,528 NA $104,076.89 11.9 : 1 89 055-191-08 $2,284,359 NA $135,571.46 16.8 : 1 90 055-191-09 $1,484,560 NA $135,571.46 11.0 : 1 91 055-191-10 $549,150 NA $104,076.89 5.3 : 1 92 055-191-11 $2,819,402 NA $135,571.46 20.8 : 1 93 055-191-24 $1,708,726 NA $104,076.89 16.4 : 1 94 055-191-13 $127,347 NA $104,076.89 1.2 : 1 95 055-191-14 $1,541,496 NA $104,076.89 14.8 : 1 DRAFT—For Review Purposes Only Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 24 Assessor's Total True Existing Assessments as AssessmentsValue-to-Lien Asmt No. parcel NumberI Liens Preliminarily as Confirmed Ratio Value Approved and Recorded 96 055-191-15 $134,405 NA $104,076.89 1.3 : 1 97 055-191-16 $148,531 NA $88,329.60 1.7 : 1 98 055-191-17 $364,917 NA $88,329.60 4.1 : 1 99 055-191-18 $766,002 NA $104,076.89 7.4 : 1 100 055-191-19 $145,497 NA $104,076.89 1.4 : 1 101 055-191-20 $960,800 NA $104,076.89 9.2 : 1 102 055-191-21 $170,841 NA $104,076.89 1.6 : 1 103 055-191-22 $1,286,885 NA $104,076.89 12.4 : 1 104 055-191-23 $107,906 NA $104,076.89 1.0 : 1 105 055-213-01 $834,164 NA $104,076.89 8.0 : 1 106 055-213-02 $978,575 NA $104,076.89 9.4 : 1 107 055-213-03 $1,049,313 NA $104,076.89 10.1 : 1 108 055-213-04 $1,183,495 NA $104,076.89 11.4 : 1 109 055-201-36 $2,246,216 NA $312,510.59 7.2 : 1 110 055-201-14 $563,603 NA $52,038.44 10.8 : 1 111 055-201-35 $155,348 NA $88,329.60 1.8 : 1 112 055-201-34 $1,294,497 NA $57,063.20 22.7 : 1 113 055-201-09 $1,682,597 NA $52,038.44 32.3 : 1 114 055-201-33 $320,802 NA $52,038.44 6.2 : 1 115A * 055-201-31 $1,005,553 NA $52,038.44 19.3 : 1 115B * 055-201-32 $1 NA $0.00 0.0 : 1 116 055-201-01 $4,367,962 NA $104,076.89 42.0 : 1 117A * 055-201-02 $108,709 NA $36,291.15 3.0 : 1 117B * 055-201-25 $965 NA $0.00 0.0 : 1 118 055-171-12 $1,848,821 NA $41,315.91 44.7 : 1 119 055-171-11 $265,359 NA $72,582.32 3.7 : 1 120 055-171-13 $3,566,704 NA $41,315.91 86.3 : 1 Total $141,425,336 $11,846,005.27 11.9 :1 Notes: 1/ True Value of Parcels means the total value of the land and improvements as estimated and shown on the last equalized roll of the County or as otherwise reasonably calculated. DRAFT—For Review Purposes Only I Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 25 Exhibit 2 Debt Limit Valuation A. ESTIMATED BALANCE TO ASSESSMENT $11,846,006 B. UNPAID SPECIAL ASSESSMENTS $0 TOTAL A&B $11,846,006 C. TRUE VALUE OF PARCELS $141,425,336 ** AVERAGE VALUE-TO-LIEN RATIO 11.9 : 1 * Unpaid Special Assessments shall consist of the total principal sum of all unpaid special assessments previously levied or proposed to be levied other than in the instant proceedings. ** True Value of Parcels means the total value of the land and improvements as estimated and shown on the last equalized roll of the County or as otherwise reasonably calculated. This report does not represent a recommendation of parcel value, economic viability or financial feasibility, as that is not the responsibility of the Assessment Engineer. DRAFT—For Review Purposes Only Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 26 Part IV Annual Administrative Assessment An amount shall be added to each annual installment of the unpaid assessments to pay costs incurred by the City and not otherwise reimbursed,which result from the administration of the bonds and reserve or other related funds,all as set forth in Section 10312 of the Act.The maximum annual administrative assessment is authorized pursuant to the provisions of Section 10204(f) of the Streets and Highways Code and shall not exceed fifty dollars($50.00)per parcel per year,subject to an annual increase based on the Consumer Price Index (CPI), during the preceding year ending in January, for all Urban Consumers in the San Francisco-Oakland-San Jose areas. The exact amount of the administration charge will be established each year by the Town of Tiburon. It should be expressly understood that the annual administrative assessment, as set forth above, is separate from and is in addition to the $16.00 per parcel collection fee which will be added to each annual installment pursuant to Section 8682 of the California Streets and Highways Code,and is further separate from and in addition to specific fees payable to the Town in connection with(a)prepayments of assessments by property owners, (b) apportionments of assessments to reflect divisions of parcels and (c) late charges and penalties which become payable in the event of delinquency in the payment of assessment installments by December 10 and April 10 each year. The above fees and assessments (except those for prepayments and apportionments)will be collected in the same manner and in the same installments as the assessment levied to pay for the cost of the works of improvement. Properties that have paid their assessments in full will not be subject to this annual administrative assessment. DRAFT—For Review Purposes Only ( Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 27 Part V Boundary Map and Diagram of Assessment District A reduced copy of the Assessment Diagram is provided as Appendix B. Full-sized copies of the Boundary Map and Assessment Diagram are on file in the Office of the Town Clerk, of the Town of Tiburon. As required by the Act, the Assessment Diagram shows the exterior boundaries of the Assessment District and the assessment number assigned to each parcel of land corresponding to its number as it appears in the Assessment Roll contained in Part III Table 1. The Assessor's Parcel Number is also shown for each parcel as they existed at the time of the passage of the Resolution of Intention and reference is hereby made to the Assessor's Parcel Maps of the County of Marin for the boundaries and dimensions of each parcel of land. DRAFT—For Review Purposes Only Harris & Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 28 Part VI Description of Facilities Section 10100 of the Act provides for the legislative body of any municipality to finance certain capital facilities and services within or along its streets or any public way or easement. The following is a list of proposed improvements as allowed under the Act to be installed, or improved under the provisions of the Act, including the acquisition of required right-of-way and/or property. For the general location of the improvements to be constructed referenced is hereby made to the Plans and Specifications described in Part I of this report. The following improvements are proposed to be constructed and installed in the general location referred to as the Town of Tiburon Assessment District No. 2017-1 (Hawthorne Undergrounding District) and will include: 1. Construction of mainline underground power, telephone and cable conduit, with appurtenant manholes,pull boxes and transformers and like structures. 2. Construction of service conduit and appurtenances to property line. 3. Installation of new conductor within said conduit and underground structures by the utility companies. 4. Installation of replacement street lights. 5. Removal of existing overhead power, telephone and cable wires,poles and streetlights. The improvements will be designed by PG&E, AT&T, Comcast, and the Town of Tiburon (joint trench). The Town of Tiburon will inspect the work to ensure conformance to Town ordinances,rules, warrants,regulations, standards and specifications where applicable. Each owner of property located within the Assessment District will be responsible for arranging for and paying for work on his or her property necessary to connect facilities constructed by the public utilities in the public streets and alleys to the points of connection on the private property. Conversion of individual service connections on private property is not included in the work to be funded by the Assessment District. The estimated time for completion of the undergrounding of the utilities is 36 months after the formation of Assessment District. Construction is estimated to begin approximately 18 months after the formation of the Assessment District. Property owners will be required to provide necessary underground connections within 120 days of the completion of the underground facilities. DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 29 Right-of-Way Certificate STATE OF CALIFORNIA COUNTY OF MARIN TOWN OF TIBURON The undersigned hereby CERTIFIES UNDER PENALTY OF PERJURY that the following is all true and correct. That at all time herein mentioned, the undersigned was, and now is, the authorized representative of the duly appointed TOWN ENGINEER of the TOWN OF TIBURON, CALIFORNIA. That there have now been instituted proceedings under the provisions of Article XIIID of the California Constitution, and the "Municipal Improvements Act of 1913," being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain public improvements in a special assessment district known and designated as ASSESSMENT DISTRICT NO. XXXX-XX (hereinafter referred to as the "Assessment District"). THE UNDERSIGNED STATES AND CERTIFIES AS FOLLOWS: All easements or right-of-way necessary for the construction and installation of the public improvements of the Assessment District either have been obtained or are in process of being obtained and will be obtained and in the possession of the affected utility company, the Town, the County of Marin or the State of California prior to commencement of the construction and installation of such public improvements. EXECUTED this day of , 2017, at TOWN OF TIBURON, CALIFORNIA. TOWN ENGINEER TOWN OF TIBURON STATE OF CALIFORNIA By: DRAFT—For Review Purposes Only I Harris& Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Page 30 Certificate of Completion of Environmental Proceedings STATE OF CALIFORNIA COUNTY OF MARIN TOWN OF TIBURON The undersigned, under penalty of perjury, CERTIFIES as follows: 1. That I am the person who is authorized to prepare and process all environmental documentation as needed as it relates to the formation of the special Assessment District being formed pursuant to the provisions of the "Municipal Improvement Act of 1913" being Division 12 of the Streets and Highways Code of the State of California, said special Assessment District known and designated as the TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-1 (HAWTHORNE UNDERGROUNDING DISTRICT) (hereinafter referred to as the "Assessment District"). 2. The specific environmental proceedings relating to this Assessment District that have been completed are as follows: CEQA compliance review: The proposed project is subject to CEQA review.An Initial Study has been prepared. Since the undergrounding of the utilities in their present alignment could have a significant effect on the environment, a revision to the project has been made or agreed by the project proponent to relocate the existing utilities so that there will not be a significant effect. A Mitigated Negative Declaration is being prepared for approval and certification by the Town. 3. I do hereby certify that all environmental evaluation proceedings necessary for the formation of the Assessment District have been completed to my satisfaction,and that no further environmental proceedings are necessary. EXECUTED this day of , 2017, at TOWN OF TIBURON, CALIFORNIA. By: TOWN OF TIBURON STATE OF CALIFORNIA DRAFT—For Review Purposes Only Harris &Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Appendix A Appendix A Assessment Calculations Assessor's Remove View Aesthetics Safety Reliability Allocation of Construction and Incidental Cost Remove View Less Estimated Balance to Asmt Parcel No. Obstructions Benefit Benefit Benefit Remove View Aesthetics Reliability Obstreutions Safety Benefit Contributions Financing Cost Assessment Property APN Address- 11 Factor Factor Factor Factor Obstructions Benefit Benefit 700 HAWTHORNE DR 1 055-222-06 Medium 0.500 1.000 1.000 1.000 527,978.06 ". S47,599.84 57,950.90 $8,927.43 $2,10823 513,728.90 $104,076.89 710 HAWTHORNE DR 2 055-222-05 Medium 0.500 1.000 1.000 1.000 527,978.06 547,599.84 57,950.90 $8,927.43 S2,108.23 $13,728.90 _$104,0_76.89_ 730 HAWTHORNE DR 3 055-222-04 Low 0.250 1.000 1.000 1.000 $13,989.03 547,599.84 S7,950.90 $8,927.43 $1,789.25 $11,651.66 $88,329b0 741 TBURON BLVD 4 055-222-03 None 0.000 0.000 1.000 1.000 $0.00 S0.00 $7,950.90 $8,927.43 5384.87 52,506.28 $18,999.74 757 HAWTHORNE DR 5 t 055-222-07 Low 0.250 1.000 1.000 1.000 $13,989.03 S47,599.84 $7,950.90 $8,927.43 $1,789.25 $11,651.66 $88,329.60 735 HAWTHORNE DR 6 055-222-08 Medium 0.500 1.000 1.000 1.000 $27,978.06 .`$47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 725 HAWTHORNE DR 7 055-222-09 High 1.000 1.000 1.000 1.000 S55,956.12 $47,599.84 $7,950.90 $8,92243 52,746.20 $17,883.38 $135,571.46 711 HAWTHORNE DR i 8 055-222-10 High 1.000 1.000 1.000 1.000 $55,956.12 $47599.84 $7,950.90 $8,927.43 $2,746.20 $17,883.38 8]35 g7],46 705 HAWTHORNE DR 9 055-222-11 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 S2,108.23 $13,728.90 $104,076.89 700 HILARY DR 10055-222-12 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $3,927.43 52,108.23 $13,728.90 $104,076.89 710 HILARY DR 11 055-222-13 None 0.000 1.000 1.000 1.000 $0.00 S47,599.84 S7,950.90 $3,927.43 $1,47026 S9,574AI $72,582.32_ 720 HILARY DR -12 055-222-14 None 0.000 1.000 1.000 1.000 $0.00 $47,599.84 $7,950.90 $8,927.43 $1,470.26 $9,574.41 $72,582.32 730 HILARY DR 13 055-222-15 None 0.000 1.000 1.000 1.000 50.00 $47,599.84 57,950.90 $8,927.43 $1,470.26 59,574.41 $72,582.32 740 HILARY DR (4 055-222-18 None 0.000 1.000 1.000 1.000 50.00 `r 547,599.84 S7,950.90 $8,927.43 $1,470.26 $9,574.41 $72,582.32_ 750 HILARY DR �is 055-222-19 None 0.000 1.000 1.000 1.000 50.00 I $47,599.84 $7,950.90 $3,927.43 S1,470.26 S9,574.41 $72,582.32 761 HILARY DR 16 055-253-22 None 0.000 1.000 6.000 2.000 50.00 547,599.84 $47,70538 $17,854.87 $84,870.07 $4,298.83 _ $3_2,588.85 761 HILARY DR 17 055-253-21 None 0.000 0.000 6.000 2.000 $0.00 $0.00 $47,705.38 $17,854.87 $49,170.19 $2,490.56 $18,880.63 745 HILARY DR 18r 055-221-01 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 S2,10823 1 $13,728.90 $104,076.89 735 HILARYDR 19 055-221-02 Medium 0.500 1.000 1,000 1.000 527,978.06 $47,599.84 $7,950.90 $3,927.43V$46,201.59 $13,728.90 $104,076.89 725 HILARY DR 20 055-221-03 Medium 0.500 1.000 1.000 1.000 S27,978.06 ` $47,599.84 $7,950.90 $8,927.43 $13,728.90 $10_4,076.89__ 715 HILARY DR 21 055-221-04 Medium 0.500 1.000 1,000 1.000 S27,978.06 $47,599.84 $7,950.90 $3,927.43 $13,728.90 $104,076.89 705 HILARY DR 22 055-221-05 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 $13,728.90 $104,076.89 765 HILARY DR 23 039-151-52 None 0.000 0.000 6.625 1.000 $0.00 i $0.00 $52,674.69 $3,927.43 $2,340.20 $17.740.73 24 039-151-55 Low 0.500 2.000 1.000 0.000 527,978.06 S95.199.68 $7,950.90 $0.00 $19,471 A0 $147,609.97 146 ROCK HILL RD 25 039-151-47 Low 0.250 1.000 1.000 1.000 813,989.03 4 $47,599.84 $7,950.90 $3,927.43 51,789.25 $11,651.66 $88,329.60 148 ROCK HILL RD 26 039-151-37 Medium 0.500 1.000 i 1.000 1.000 527,978.06 i $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 150 ROCK HILL RD 27 039-151-54 low 0.250 1.000 0.500 1.000 513,989.03 'i $47,599.84 $3,975.45 $8,927.43 $1,698.60 $11,061.34 $83,854.49 154 ROCK HILL RD 28 039-151-24 High 1.000 1.000 1.000 1.000 555,956.12 $47,599.84 $7,950.90 $8,927.43 S2,746.20 $17,883.38 $135,571.46 .__�. .- ------- -----' ---- ........................... ----------------- ---------------- ---- ----------------- ---- 160 ROCK HILL RD 29 039-151-23 High 1.000 1.000 1.000 1.000 555,956.12 $47.599.84 $7,950.90 $8,927.43 S2,746.20 $17,883.38 $135,571.46 166 ROCK AII.L RD30 039-151-22 Medium 0.500 1.000 1.000 1.000 $27,978.06 1 $47,599.84 $7,950.90 $3,927.43 52,108.23 $13,728.90 $104,076.89__ 168 ROCK HILL RD 31-J� 039-151-21 High 1.000 1.000 1.000 1.000 S55,956.12 $47,599.84 $7,950.90 $3,927.43 $2,746.20 S17,883.38 $]38,571.46___ 170ROCKHLLLPD 32 039-111-22 High 1.000 1.000 J 1.000 1.000 555,956.12^ $47,599.84 $7,950.90 $3,927.43 $2,746.20 417,883.38 $135,571.46 145 ROCK HILL RD 33 039-111-21 None 0.000 1.000 2.250 1.000 $0.00 $47,599.84 $17,889.52 $3,927.43 $55,812.59 $2,827.02 $21,431.21 159 ROCK HILL RD 34 039-152-04 None 0.000 1.000 1.000 1.000 $0.00 $47,599.84 $7,950.90 $8,927.43 S1,47026 $9,574.41 $72,582.32 Note:The estimated fmancing cost represents the approximate reduction in the assessment if the assessment is paid in full during the 30 day cash collection period. A-1 DRAFT-For Review Purposes Only Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Appendix A Assessor's Remove View Aesthetics Safety Reliabilitv Allocation of Construction and Incidental Cost Remove View Less Estimated Balance to Asmt Parcel No, Obstructions Benefit Benefit Benefit Remove View Aesthetics Reliability Obstreutions Safety Benefit Contributions Financing Cost Assessment Property Address No. APN Factor Factor Factor Factor Obstructions Benefit Benefit 155 ROCK HILL RD 35 039-152-03 None 0.000 1.000 1.000 1.000 $0.00 $47,599.84 $7,950.90 $8,927.43 S1,470.26 $9,574.41 $72,582.32 115 ROCK HILL RD - 36 039-152-02 Low 0.250 1.000 1.000 1,000 $13,989.03 $47,599.84 $7,950.90 $8,927.43 51,789.25 $11,651.66 $88,329.60 105 ROCK HILL RD [ 37 '= 039-152-01 Low 0.250 1.000 jp 1.000 1.000 $13,989.03 $47,599.84 $7,950.90 $8,927.43 51,789.25 $11,651.66 $$$,329.60 SO DELMAR DR 38 055-211-32 Low 0.250 1 1.000 1.000 1.000 $13,989.03 1 $47,599.84 $7,950.90 $8.927.43 51,789.25 1 $11,651.66 $88329.60 40 DELMAR DR 39 055-211-31 Low 0.250 1.000 1.000 1.000 513,989.03 "" $47,599.84 $7,950.90 $8,927.43 S1,789.25 $11,651.66 $88,329.60 30 DELMAR DR 40 055-211-17 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8.927.43 $2,108.23 $13,728.90 $104,076.89 20 DELMAR DR 41 055-211-16 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 57,950.90 $8,927.43 $2,10823 513,728.90___$104,076.89---- 93 ROCK HILL RD 42 055-211-15 High 1.000 1.000 - 1.000 1.000` 555,956.12 $47,599.84 S7,950.90 $8,927.43 -$2,746.20 $17,883.38 $135,571.46 699 HILARY DR 43 055-211-02 High 1.000 1.000 1.000 1.000 555,956.12 !: $47,599.84 57,950.90 $8,927.43 $2,746.20 S17,883.38__ $135,571.46_ 697 HILARY DR 44�- 055-211-03 High 1.000 1.000 1.000 1.000 $55,956.12 $47,599.84 $7,950.90 $8,927.43 $2,74620 517,883.38 $135,571.46 695 HILARY DR- 45 - 055-211-04 High 1.000 1.000 1.000 1.000 $55,956.12 $47,599.84 57,950.90 $8,927.43 $2,746.20 517,883.38 $135,571.46 693 HILARY DR 46 055-211-05 High 1.000 1.000 L000 1.000 $55,956.12 ; $47,599.84 $7,950.90 $8,927.43 $2,746.20 $17,883.38 $135,571.46 691 HILARY DR 47 055-211-06 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 52,108.23 $13.728.90 $104,076.89 689 HILARY DR 48 055-211-07 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 52,108.23 $13,728.90 $104,076.89 687 HILARY DR 49 055-211-08 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 52,108.23 $13,728.90 $104,076.89 685 HILARY DR 50� 055-183-28 Medium 0.500 1-000 1.000 1.000 $27,978.06 $47,599.84 57,950.90 $8,927.43 $2,10823 513,728.90 $104,076.89_ 683 HILARY DR 51~ 055-183-27 Medium 0.500 1.000- 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 681 HILARY DR 4 52 ? 055-183-26 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 513,728.90 $104,076.29 4 MARAVISTA CT 53 055-183-25 Low 0.250 1.000 1.000 1,000 $13,989.03 I $47,599.84 57,950.90 $8,927.43 $1,78925 Si1,651.66 $88,329.60 12 MARAVISTA CT 54055-183-24 None 0.000 1.000 1.000 1.000 $0.00 $47,599.84 $7,950.90 $8.927.43 $1,470.26 $9,574.41 $72582.32 14 MARAVISTA CT 55A* 055-183-23 Low 0.250 1.000 1.000 1.000 $13,989.03 ;i $47,599.84 S7,950.90 $8,927.43 $1,78925 S11,651.66 A$$$,3_29_60 14 MARAVISTA CT 55B* 055-183-30 None 0.000 0.000 0.000 0.000 SO.00 :i $0.00 $0.00 50.00 50.00 $0.00 $0.00 20 MARAVISTA CT 56 055-183-29 Low 0.250 1.000 1.000 1.000 513,989.03 $47,599.84 57,950.90 $8,927.43 $1,78925 511,651.66 $$$,329.60 24 MAP AVISTA CT i 57 055-183-21 Low 0.250 1.000 1.000 1.000 $13,989.03 $47,599.84 57,950.90 $8,927.43 $1,789.25 511,651.66 $88,329.60 27 MARAVISTA CT 58 055-183-20 Low 0.250 1.000 1.000 1.000 $13,989.03 $47,599.84 57,950.90 $8,927.43 $1,789.25 S11,651.66 $88,329-60 25 MARAVISTA CT 59 055-183-19 Medium 0.500 1.000 1.000 1.000 $27,978.06 '.; $47,599.84 57,950.90 $8,927.43 $2,108.23 S13,728.90 $104,076.89 21 MARAVISTA CT T 60 055-183-18 Medium 0.500 1.000 1.000^ 1.000 $27,978.06 $47,599.84 $7,950.90 $8.927.43 $2,108.23 $13,728.90 $104,076.89 ------ --'---'--------- -' - ------- ------- ------- 17 MARAVISTA CT 61 055183-17 Medium 0.500 1.000 1.000 1.000 $27,978.06 ? $47,599.84 57,950.90 $8,927.43 $2,108.23 513,728.90 $104,076.89 13 MARAVISTA CT 62 055-183-16 Medium 0.500 1.000 1.000 1.000 $27,978.06 y $47,599.84 57,950.90 $8,927.43 $2,108.23 $13,728.90 .$104,076.89 ----------------------1-----"--------------------- ---=-- ------- ----------------------------------------' ----------- ------- 9MARAVISTACT 63 055-183-15 Low 0.250 1.000 1.000 1.000 $13,989.03 $47,599.84 S7,950.90 $8,927.43 $1,78925 S11,651.66 $88,329.6_0__ S MARAVISTA CT64 055-183-14 Low 0.250 1.000- e 1.000 1.000 $13,989.03 $47,599.84 �S7,950.90 $8,927.43 $1,789.25 $11,651.66 $$$,329.60 I MARAVISTA CT 65 055-183-13 Medium 0.500 1.000 ( 1.000 1.000 $27,978.06 $47,599.84 S7,950.90 $8,927.43 $2,10823 $13,728.90 $104,076.89 678 HILARY DR 66 055-182-11 Mcdium 0.500 1.000 1.000 1.000 $27,978.06 ii $47,599.84 57,950.90 $8,927.43 $2,108.23 513,728.90 $104,076.89 680 HILARY DR - 67 055-182-12 Medium 0.500 1.000-� 1.000 1.000 $27,978.06 ➢ $47,599.84 57,950.90 $8,927.43 $2,108.23 S13,728.90 $104,076.89 682 HILARY DR 68 .055-182-13 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 57,950.90 $8.927.43 $2,108.23 $13,728.90 $104,076:89 684 HILARY DR 69 055-182-14 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47.599.84 57,950.90 $8.927.43 $2,108.23 SI3.728.90 $104,076.89 686 HILARY DR 70 055-182-15 1 Medium 0.500 1.000 1,000 1.000 527,978.06 $47,599.84 $7,950.90 1 $8,927.43 52,10 .23 513,728.90 $104,076.89 Note:The estimated financing cost represents the approximate reduction in the assessment if the assessment is paid in full during the 30 day cash collection period. A-2 DRAFT-For Review Purposes Only I Harris&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Appendix A Assessor's Remove View Aesthetics i Safetv Reliability Allocation of Construction and Incidental Cost Remove View Remove Estimated Balance to Asmt Parcel No. Obstructions Benefit Benefit Benefit Remove mew, °; Aesthetics Reliability Obstrcutions _ Safety Benefit Contributions Financing Cost Assessment Pro erty Address No. APN Factor Factor Factor Factor Obstructions i Benefit Benefit 688 HILARY DR 71 055-182-16 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 690 HILARY DR 72 055-212-01 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 $2.108.23 $13,728.90 $104,076.89 692 HILARY DR 73 055-212-02 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $]04,076.89 694 HILARY DR 74 055-212-03 Medium 0.500 1.000 1.000 1.000 $27,978.06-' $47,599.84 $7,950.90 $8,927.43 $2.108.23 $13,728.90 $104,076.89 696 HILARY DR 75 055-212-04 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,999.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 3ROCK HILL RD76 055-212-05 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89_ 699 HAWTHORNE DR 77 055-212-06 Medium 0.500 1.000 1.000 1.000 527,978.06-' $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89_ -- -=-------------- - 697HAWTHORNE DR v 78 055-212-07 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 695 HAWTHORNE DR 79 055-212-08 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13,728.90 $104,076.89 693 HAWTHORNE DR 80055-212-09 Medium 0.500 1.000 1.000 1.000 $27,978.06 ? $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90_ _$104,076.89 691 HAWTHORNE DR 81 055-212-10 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13,728.90 $104,076.89 689 HAWTHORNE DR 82 055-191-01 High 1.000 1.000 1.000 1.000 $55,956.12 $47,599.84 $7,950.90 58,927.43 $2,746.20 $17,883.38 $135,571.46 687 HAWTHORNE DR 83 J-055-191-02 High 1.000 1.000 1.000 1.000 555,956.12 ? $47,599.84 $7,950.90 $8,927.43 $2,746.20 $17,883.38 $135,571.46 685 HAWTHORNE DR 84 055-191-03 High 1.000 1.000 1.000 1.000 555,956.12 $47,599.84 $7,950.90 $8,927.43 $2,746.20 $17,883.38 $135.571.46 683 HAWTHORNE DR 85 055-191-04 Medium 0.500 1.000 1.000 1.000 527,978.06 f $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90_ $1_04,076.89__ 681 HAWTHORNE DR 86 w 055-191-05 Median 0.500 1.000 1.000 1.000 $27,978.06 £ $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 679 HAWTHORNE DR 87 055-191-06 Medium 0.500 1.000 1.000 1.000 S27,978.06 $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,076.89 677 HAWTHORNE DR 88 055-191-07 Medium 0.500 1.000 1.000 1.000- $27,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13,728.90 $104076.89_ 675 HAWTHORNE DR 89 055-191-08 High 1.000 1.000 1.000 1.000 $55,956.12 $47,599.84 $7,950.90 S8,927.43 $2,746.20 $17,883.38 $135,571.46 673 HAWTHORNE DR 90 055-191-09 High 1.000 1.000 1.000 1.000 $55,956.12 E $47,599.84 $7,950.90 S8,927.43 $2,746.20 $17,883.38 $135,571.46 671 HAWTHORNE DR 91 055-191-10 Medium 0.500 1.000 T 1.000 1.000 527,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13,728.90 $104,076.89 -----------------------�--------�----'----- --------- ---- --`------------..____.---------- ---------------------------._......------------'----------..._---------._.._---.. 669 HAWTHORNE DR 92 055-191-I1 High 1.0001.000 1.000 1.000 555,956.12 $47,599.84 $7,950.90 58,937.43 $2,746.20 $17,883.38 $135.57L46- 668HAWTHORNE DR 93 055-191-24 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13,728.90 $104,076.89 670 HAWTHORNE DR 94055-191-13 Medium 0.500 1.000 1.000 1.000 $27,978.06 i $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,076.8_9_ 672 HAWTHORNE DR� 95 055-191-14 Median 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 S8,927.43 $2,108.23 513,728.90 $104,076.89 674 HAWTHORNS DR 96 055-191-15 Medium 0.500 1.000 1.000 1.000 $27,978.06 -$47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 - $104,076.89 676 HAWTHORNS DR 97 055-191-16 Low 0.250 1.000 1.000 1.000 $13,989.03 $47,599.84 $7,950.90 58,927.43 $1,789.25 $11,651.66 $8_8,329.60 678 HAWTHORNE DR 98 055-191-17 Low 0.250 1.000 1.000 1.000 513,989.03 $47,599.84 $7,950.90 58,927.43 $1,789.25 $11,651.66 S88,329.60 680 HAWTHORNS DR 99 055-191-18 Medium 0.500 1.000 -1.000 1.000 $27,978.06 i $47,599.84 $7,950.90S8,927.43 $2,108.23 $13,728.90 $104,076.89 ------------ -------+------ ------ ----- -- -----=------ -- -- -----=`--------- ----------------------`--------- -------- ------- 682 HAWTHORNE DR 100 055-191-19 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 684 HAWTHORNE DR 101 055-191-20 Medium 0.500 1.000 1.000 1.000 527,978.06 ( $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,076.89 686 HAWTHORNE DR 102 055-191-21 Medium 0.500 1.000 1.000 1.000 $27.978.06 C $47,599.84 $7,950.90 S8,927.43 $2,108.23 $13.728.90 $104,076.89 688 HAWTHORNE DR 103 055-191-22 Medium 0.500 1.000 1.000 1.000 $27,978.06 % $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,076.89 690 HAWTHORNE DR 104 055-191-23 Median 1 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,076.89 692 HAWTHORNS DR 105 055-213-01 Medium 0.500 1.000 1.000 1.000 527,978.06 $47,599.84 $7,950.90 58,927.43 $2,108.23 $13,728.90 $104,07_6.89_ 694 HAWTHORNE DR 106J 055-213-02 Medium 1 0.500 1.000 1.000 1.000 $27,978.06 E $47,599.84 $7,950.90 $8,927.43 $2,108.23 $13,728.90 $104,076.89 Note:The estimated financing cost represents the approximate reduction in the assessment if the assessment is paid in fiill during the 30 day cash collection period A-3 DRAFT-For Review Purposes Only Hams&Associates Town of Tiburon November 1,2017 Assessment District No.2017-1 (Hawthorne Undergrounding District) Preliminary Engineer's Report Appendix A Assessor's Remove View Aesthetics Safety Reliability Allocation of Construction and Incidental Cost Remove View Less Estimated Balance to Asmt Parcel No. Obstructions Benefit Benefit Benefit Remove View AestheticsReliability Obstrcutions Safety Benefit ` Contributions Fi nancing Cost Assessment Property Address No. AP Factor Factor Factor Factor Obstructions Benefit Benefit 696 HAWTHORNE DR107 055-213-03 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 > $7,950.90 S8,92T43 $2,108.23 $13,728.90_ $104,0_76.89 698 HAwTHORNE DR 108 055-213-04 Medium 0.500 1.000 1.000 1.000 $27,978.06 $47,599.84 ! $7,950.90 $8,927.43 52,108.23 $13,728.90_ $104.076.89___ 700 T(BURON BLVD 109 055-201-36 High 3.925 0.000 3.925-� 3.000 $219,62776 J $0.00 $31,207.27 $26,782.37 $6,330.37 $41,223.62 $312,510.99 8 PALMER CT z110 055-201-14 Low 0.250 0.500 0.500 0.500 $13,989.03 " $23,799.92 S3,975.45 ? S4,463.71 51,054.12 $6,864.45 $92,038.44 4 PALMER CT 111 055-201-35 Low 0.250 1.000 1.000-T 1.000 $13,989.03 $47,599.84 57,950.90 S8,927.43 $1,789.25 $11,651.66 $88,329.60 2 PALMER CT 112 055-201-34 Low 0.250 0.500 0.500 1.000 $13,989.03 `. $23,799.92 $3,975.45 58,927.43 $1,155.90 $7,527.27_ _$57,063.20_ 9 PALMER CTi Ila 055-201-09 Low 0.250 0.500 0.500 0.500 $13,989.03 $23,799.92 ! $3,975.45 54,463.71 $1,054.12 $6,864.45 $52,038.44 7 PALMER CT 114 055-201-33 Low 0.250 0.500 0.500 0.500 $13,989.03 $23,799.92 $3,975.45 54,463.71 $1,054.12 $6,864.45_ _$52,038.44 5 PALMERCT 115A* 055-201-31 Low 0.250 0.500 0.500-� 0.500 $13,989.03 $23,799.92_ $3,975.45 54,463.71 $1,054.12 $6,864.45 $52,038.44 5 PALMER CT i 115B* 055-201-32 None 0.000 0.000 0.000 0.000 $0.00 ? $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 3 PALMER CT 116 055-201-01 Mediwn 0.500 1.000 1.000 1.000 $27,97806 t $47,599.84 $7,95090 ` 58,927.43 S2,108.23 $13,72890 $104,076.89 IO SOMMERS CT 117A* 055-201-02 None 0.000 0.500 0.500 0.500 $0.00 $23,799.92 ? $3,975.45 i 54,463.71 5735.13 $4,787.21 $36,291.15 10 SOMMERS CT 117B* 055-201-25 None 0.000 0.000 0.000 0.000 $0.00 ! $0.00 $0.00 $0.00 $0.00 50.00 $0.00 660 TIBURON BLVD 118 055-171-12 None 0.000 0.500 0.500 1.000 $0.00 $23,799.92 53,975.45 S8,927.43 5836.92 $5,450.03 $41,315.91 654 TIBURON BLVD 119 055-171-11 None 0.000 1.000 1.000 1.000 $0.00 $47,599.84 $7,950.90 S8,927.43 $1,470.26 $9,574.47_ $72,582.32 650 TIBURON BLVD 120 055-171-13 None 0.000 0.500 0.500 1.000 $0.00 $23,799.92 $3,975.45 $8,927.43 5836.92 $5,450.03 $41,315.91 Totals: 129 Parcels 57.675 113.000 135300 120.500 $3,227,269.03 $5,378,781.72 `i $1,075,756.34 $1,075,75533 $474,177.00 $1,562,619.84 $11,846,005.27 Note:The estimated financing cost represents the approximate reduction in the assessment if the assessment is paid in full during the 30 day cash collection period A-4 DRAFT-For Review Purposes Only Harris&Associates Town nfTiburon November 1'2U17 Assessment District No.2017'1 (Hawthorne Undor rounding District) Preliminary Engineer's Report Appendix AppendixDB Assessment Diagram IT VF VF El El El" TEE AssE,�vE Ei Ell El El -7 THE EI El BOUNDAPM OF CMTIWr TOM OF TELFWK CMKFT OF STATE OF CALWOMM B'l DRAFT—For Review Purposes Only �m�m | Harris&Associates 0�0� | DRAFT RESOLUTION NO. xx-2017 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON PRELIMINARILY APPROVING THE ASSESSMENT ENGINEER'S REPORT AND FIXING THE TIME AND PLACE OF THE PUBLIC HEARING FOR TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-1 (HAWTHORNE UNDERGROUNDING DISTRICT) WHEREAS, by Resolution No. 01-2017 (the "Resolution of Intention") in the proceedings for the formation of Town of Tiburon Assessment District No. 2017-1 (Hawthorne Undergrounding District) (the "Assessment District")this Town Council ordered a report(the "Report")prepared by Harris &Associates (the "Assessment Engineer") in accordance with the provisions of the Municipal Improvement Act of 1913 (the "1913 Act")to include the information required by Section 10204 of the Streets and Highways Code, and in accordance with Part 7.5 of the Special Assessment Investigation, Limitation and Majority Protest Act of 1931, Streets and Highways Code Section 2960 et seq. (the "1931 Act") and to include the information required by Streets and Highways Code Section 2961; and WHEREAS, the Assessment Engineer has prepared the Report which includes the information required under the 1913 Act and the 1931 Act and filed it with the Town Clerk, and the Report has been presented to this Town Council for consideration; and NOW, THEREFORE, The Town Council of the Town of Tiburon does hereby find, order and resolve as follows: SECTION 1. The above recitals, and each of them, are true and correct. SECTION 2. The Report is preliminarily approved, and the Town Clerk is directed to endorse the fact and date of such approval on the Report and to file the Report in her office. The Report shall stand as the report for the purpose of Section 10204 of the Streets and Highways Code and for all subsequent proceedings under the 1913 Act and Article XIIID of the California Constitution ("Article XIIID"), except that it may be conformed, modified or corrected as provided in the 1913 Act and Article XIIID. SECTION 3. Pursuant to Section 2961 of the Streets and Highways Code and based on the information set forth in the Report, this Town Council finds that the total amount of the principal sum of all unpaid special assessments levied against the parcels proposed to be assessed, other than contemplated by the present proceedings, plus the principal amount of the special assessment proposed to be levied in the instant proceedings, do not exceed one-half of the total value of the parcels proposed to be assessed, as computed pursuant to paragraph (2) of subdivision (b) of Section 2961. SECTION 4. A public hearing shall be held on February 7, 2018 at 6:00 p.m. at the regular meeting place of the Town Council at Town Hall Council Chambers, 1505 Tiburon Boulevard, Tiburon, California 94920 to hear and consider protests and objections to the proposed Assessment Page 1 of 2 Town Council Resolution No.xx—2017 DRAFT 11/29/2017 EXHIBIT NO. District and the Report and to receive and count the ballots for and against the proposed Assessment District. SECTION 5. At least 45 days prior to the public hearing referred to in Section 4 hereof, the Town Clerk shall cause a notice of the public hearing referred to in Section 4 hereof to be mailed, postage prepaid, to all persons owning real property proposed to be assessed and whose names and addresses appear on the last equalized County of Marin assessment roll or the State Board of Equalization assessment roll, as the case may be. Such notice shall conform in all respects to the provisions of Section 53753 of the California Government Code and Section 4 of Article XIIID. SECTION 6. Not later than fifteen (15) days following the adoption of this Resolution, the Town Clerk shall cause a copy of the map of the proposed boundaries of the Assessment District to be recorded in the Office of the County Recorder for the County of Marin in accordance with the requirements of Section 3111 of the Streets and Highways Code. SECTION 7. This Resolution shall take effect immediately upon its passage. SECTION 8. The Town Clerk shall certify to the passage and adoption of this Resolution and enter it into the book of original resolutions. PASSED, APPROVED, and ADOPTED on , 2017, by the following vote: AYES: COUNCILMEMBERS: NAYS: COUNCILMEMBERS: JIM FRASER, Mayor ATTEST: LEA STEFANI, Town Clerk Page 2 of 2 Town Council Resolution No.xx—2017 DRAFT 11/29/2017