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sr-102379-6cSanta Monica, California October 15, 1979 f lI~ OCT 2 3 9579 T0: FROM: SUBJECT: Introduction Mayor and City Council City Staff Proposed Street Lighting on Stanford Street between Washington Avenue and Montana Avenue This report requests the City Council to adopt resolutions setting public hearings for November 27, 1979, on street lighting in Stanford Street between 1ashington Avenue and Montana Avenue under provisions of the Improvement Act of 1911. Background Citizens in the above area presented a petition signed by 53% of the property owners for street lighting. City Council accepted the petition on October 9, 1979, and directed the staff to proceed with the project. Under current City Council policy, the City pays for half the cost of the installation of residential street lighting and the other half of the cost is assessed to the property owners. Improvement Act of 1911 proceedings will allow the property oevners to pay cash on confirmation of their assessment, or allow the assessment to be paid by yearly installments on a 10-year bond at 7% interest on the unpaid balance. The project is estimated to cost $35,000. The properties to be assessed are shown on the attached Map No. 4251. Funds will have to be appropriated to pay the City's share at the time of award of contract. The improvement plans, specifications, and assessment maps will be ready for the November 27, 1979 meeting for approval after the hearings. ocr a s ls7si To: Mayor and City Council -2- October 15, 1979 Recommendation It is recommended that the City Council: 1. Adopt the attached resolution setting a date for a public hearing on the convenience and necessity; and 2. Adopt the attached Resolution of Intention which also sets a public hearing date. froth of these hearings may be set for the same date, It is recommended that the public hearings be set for November 27, 1979.. Prepared by: Stan Scholl Doug McAteer Attachments: Map No. 4251 One Resolution Setting a Public Hearing on Public Convenience and Necessity One Resolution of Intention