City Manager
8 newportbeachindy . com JUNE 9 , 2023
City Manager
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BootCamp where they will learn a mix of popular sports geared toward strength training in a fun and exciting way .
There are also free family fun activities planned for this summer which include a Fourth of July event on the Balboa Peninsula and a series of Movies in the Park at multiple locations .
Free Balboa Peninsula Trolley Returns for Summer Run
The Balboa Peninsula Trolley resumed operations on Memorial Day weekend , with free service continuing throughout the summer on weekends and holidays .
The trolley service will be available from 10 a . m . to 9:30 p . m . on Saturdays and Sundays as well as July 3 , Independence Day ( July 4 ), and Labor Day ( September 4 ). The trolley is a fun and free way to explore the peninsula .
There are 22 designated stops along the trolley route . Trolleys are scheduled to arrive in 15-minutes intervals , which may vary slightly depending on traffic conditions . Riders are invited to climb aboard or exit the trolley at any of the stops along the way to and from the Balboa Pier and Fun Zone area . For those planning a day at the beach , the trolley can accommodate bicycles , surfboards under six feet long , and beach gear . Trolley riders traveling from outside the area can utilize free parking at the City ’ s Avon Street municipal parking lot located near the Tustin Avenue and Avon Street intersection within Mariners ’ Mile along Coast Highway .
This service is provided by the City of Newport Beach and funded through grants from the Orange County Transportation Authority ( Measure M2 funds ). For more information visit www . newportbeachca . gov / trolley .
Fitch Reaffirms City ’ s AAA Credit Rating
Fitch Ratings has reaffirmed the City of Newport Beach ’ s AAA credit rating , reflecting the City ’ s strong financial position , prudent fiscal management , and robust local economy .
The AAA rating is the top level of creditworthiness issued by Fitch and demonstrates the highest degree of confidence in the City ’ s ability to meet its financial obligations .
Fitch Ratings ’ report cited the City ’ s recent history of budget surpluses and a “ very solid level of budget management ,” along with relatively low longterm debt and a strong , stable tax base .
The AAA rating underscores the City ’ s solid financial standing and budgeting approach . Newport Beach is committed to responsible financial management and will continue to implement sound policies to maintain its strong credit rating .
Fitch ’ s credit rating was released in connection with Newport Beach ’ s outstanding Certificates of Participation
( COPs ), issued in 2010 and 2020 to finance the construction of the Civic Center project and Fire Station No . 2 . The rating assigned to the COPs is AA +, which is the highest rating for this type of financing .
Fitch Ratings is a leading provider of independent credit ratings , commentary and research . The agency provides credit opinions , financial data , and other information to investors and market participants .
New Animal Shelter
Last week ’ s ribbon cutting made it official : Newport Beach has its first permanent , City-run animal shelter . The new shelter , which replaces a temporary , rented facility , was made possible by the unwavering support and generous contributions of private donors to the Friends of Newport Beach Animal Shelter ( FONBAS ).
FONBAS was founded in 2017 by a group of local community leaders , who formed a public-private partnership with the City of Newport Beach with a mission to support lost and displaced animals in our community . The City ’ s Police Department oversees the shelter , which is managed by Supervisor Valerie Schomburg with the support of City staff and 25 volunteers .
The new shelter provides upgraded amenities and medical care in a single story , 1,600-square-foot building with 750 square feet of kennel space to house dogs . The facility includes parking , two front yard greeting areas , and a secure , rear-yard exercise space . The facility will house dogs , cats and other small animals in a safe and nurturing environment while they wait for their forever homes .
FONBAS has played a pivotal role in bringing this vision to life , and we extend our deepest gratitude to the organization for its dedication to animal welfare . FONBAS ’ efforts will make a lasting impact on the lives of animals in our community .
The new shelter will open to the public in July . For more information on FONBAS , visit fonbas . org . To reach the shelter , call ( 949 ) 718-3454 .
Balboa Blvd . Asphalt Work Completed ; Newport Coast Drive Lane Closures to Begin June 19
Asphalt paving work on Balboa Boulevard from Medina Way to G Street has been completed . Existing utilities , such as manholes and water valves , have been adjusted to the new pavement surface and traffic signal detection loops have been reinstalled . The contractor , All American Asphalt , will be finishing up the pavement striping next week .
The contractor also completed concrete improvements on Newport Coast Drive from E . Coast Highway to Ridge Park Road and is scheduled to start asphalt paving on Newport
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