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 City of Solana Beach
Section 2
Shoreline and Coastal Bluff Management Strategies Draft MEIR
Project Description
Planning, design and permitting must not exceed 15 percent of total project cost;
The cost of studies to characterize, inventory or assess project areas must not exceed 5
percent of total project cost;
100 percent of nonfederal project construction cost for restoration, nourishment, or
enhancement of coastal state parks and state beaches with placement of sand on the
beach or nearshore; 85 percent for nonstate beaches (with a 15 percent match from
local sponsors).
The Department of Boating and Waterways administers the program. The program received an
initial appropriation of $10 million in FY 2000-01, and the proposed FY 2002-03 budget is $6.5
million. The Act dictates that 60 percent of funds are to be used in projects along the central
and southern coast and 40 percent are to be used for projects in the north. This program does
not fund the acquisition of project-related properties.
Potential Local Sources
Beach Sand Mitigation Fee
The City of Solana Beach may be able to charge a Beach Sand Mitigation Fee authorized
by the California Coastal Commission. The Beach Sand Mitigation fee can be assessed on
all developments in the coastal zone that may result in increased beach loss (such as the
construction of seawalls). This program was established to quantify the cost incurred by
such projects. The amount of the fee is determined by complex formula that reflects the
scientific principles of erosion. The San Diego Association of Governments has an
agreement with the Coastal Commission to collect the fees and implement fund-related
projects. In the past, fees for individual projects have ranged from approximately $2,000 to
$8,000. Funds collected are used for beach protection and sand replenishment projects
region-wide. This program is only available in San Diego County and has only been used in
Encinitas (in cases where the bluffs are in public ownership).
General Obligation Bonds
The City may issue general obligation bonds that are supported by Ad Valorem property tax
overrides. A two-thirds voter approval is required to approve the indebtedness and
overrides. General Obligation bond proceeds can only be used to finance the acquisition
and construction of real property. Thus, the proceeds may be used to fund the capital costs
associated with the Sand Replenishment Program Alternative, or the property acquisition
costs associated with the Planned Coastal Retreat Alternative. The General Obligation
Bond is one of the most secure and lowest cost forms of public financing. A 10-cent
override per $100 in assessed valuation would yield approximately $1.85 million per year for
debt service, which would yield approximately $26.9 million in capitalized proceeds
assuming 30-year amortization at 6.0 percent interest.
Project No. 323530000
Page 2-46
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