Laguna Beach City Council Public Hearing - July 12, 2016

July 12, 2016

Executive Summary

- City Council held regular meeting on July 12, 2016, addressing routine financial matters, infrastructure improvements, and land use decisions - Council approved sale of $480,777 in bonds for Underground Utility Assessment District 13-6 (Summit Drive) at favorable 2.07% interest rate - Public hearing held for street name change from The Club Drive to Artisan Drive - Council confirmed assessments for sewer service and residential solid waste collection fees to be placed on County Tax Roll - Temporary employee parking lot approved for Montage Laguna Beach at 30802 Coast Highway - Fire Chief provided update on fire season preparations and preventive measures - Community assistance grants approved for local non-profit organizations - Council considered abandonment of unimproved Park Drive right-of-way - Donation accepted for replacement of personal watercrafts and equipment

Key Decisions

- Approved sale and purchase of Underground Utility Assessment District 13-6 bonds with 15-year term at 2.07% true interest cost - Appropriated $480,777 for construction and expenses within Assessment District 13-6 - Approved street name change from The Club Drive to Artisan Drive (subject to public hearing) - Confirmed sewer service and residential solid waste collection assessments for placement on 2016-17 County Tax Roll - Approved Temporary Use Permit 16-1478 for off-site employee parking lot at 30802 Coast Highway for Montage Laguna Beach employees only - Approved community assistance gra