Loading...
HomeMy WebLinkAbout1978-12-05; City Council; Resolution 56319 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 2% RESOLUTION NO. ,631 A FlESOLUTION OF THE CITY COUNCIL OF THE CITY OF CALRSBAD, CALIFORNIA, REQUESTING FUNDING FOR FIFTH YEAR BLOCK GRANT PROJECTS. WHEREAS, the City Council of the City of Carlsbad held a public hearing on December 5, 1978 for the purpose of considering the City's fifth year Block Grant application; and WHEREAS, the City Council has taken all testimony into account. NOW, THEREFORE BE IT RESOLVED that the program of funding outlined in Exhibit "A" attached hereto and incorporated herein as though fully set forth is hereby approved. BE IT FURTHER RESOLVED that the City Manager is hereby directed to forward the program outlined herein to the County of San Diego for inclusion in the Fifth Year Urban County Block Grant application. PASSED, APPROVED AND ADOPTED this 5th day of December , 1978 by the following vote, to wit: AYES : Councilmen Packard, Skotnicki, Anear, Lewis and NOES : None Councilwoman Casler ABSENT: None ATTEST: lerk J6z24z.L &zziL/ RONALD C. PACKARD, Mayor t "A" to Resolution 5631 Exhi. The recommended fifth year program is as follows: PHASE I1 VILLAGE AREA IMPROVEMENTS Streets Attachment "D" State (950') 38,000# @ $1.25 4 Sidewalks (10 I wide/commercial) Attachment "E" Along State between . . . - Grand & Elm 420' (x2 for both sides) x $11.00 In. ft. (x2) - Cedar & Grand 130' (both sides) x $11.00 In. ft. (x2) A portion below, south of Elm LOO' (both sides x $11.00 x $11.00 In. ft. (x2) * Subtotal Along Grand between . . . - State & Roosevelt 200' (both sides) x $11.00 In. ft. (x2) Along Elm between . . . - State & Roosevelt 200' (both sides) x $11.00 In. ft. (x2) * Subtotal Alleys & Parking Area Attachment "F" Between State & R.R. & Grand & Elm (20' wide) 400' x $17.00 In. ft. plus 1320 (concrete approach) Parking Area $47,500 $ 9,240 2,860 2,200 $14 , 300 $ 4,400 4,400 $ 8,800 $13,370 8 , 000 15% contingency $12,445 * improvement subtotal $95,415 Commercial Structure Rehabilitation Pilot Program This program is recommended to compliment the public improvement projects noted above. program is undetermined at this time. Staff is researching various options available in structuring the program. Among the options available: The exact format of the a. Grants b. SBA leveraged loans c. Local leveraged loans d. Direct interest subsidy e. Direct local loans serviced by local lender It is anticipated that the program would carry a maximum amount of $5000 per business unless a leverage approach is ultimately chosen. format of this program if Council grants tentative approval. Staff will report to Council in January on the recommended amount $30,000 Subtotal $125,415 10% admin. costs 12,500 TOTAL RECOMMENDED REQUEST $137,415 c -. OAM AVt ... I PINE Ave WALNUT AYE ?- i -1 i i -2- I . C- GRAHO AVE . ? ELY AVE it I--- ._ i L. _. . - I- -.. F BELCM AWE \ n * D 0 0 * 0 tn c < 0 r CEDAR AVE CRAW0 AVE j - . . .. OAU AYE ~ @- 0 Po P- I i I -.d -. . PIHE AVP -7 F--.- -