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HomeMy WebLinkAbout1996-12-17; City Council; Resolution 96-4321 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 la 1 9 20 21 22 23 24 25 26 27 28 e 0 RESOLUTION NO. 96-432 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING REIMBURSEMENT OF COSTS FOR CONSTRUCTION OF HIDDEN VALLEY ROAD. WHEREAS, the City Council of the City of Carlsbad, California has previously de that construction of a portion of Hidden Valley Road adjacent to Poinsettia Park is necl provide access to the park; and WHEREAS, the City Council previously conditioned CT 92-05, Sambi Seaside Hi construct half street improvements for a portion of Hidden Valley Road; and WHEREAS, the Sambi Seaside Heights development agreed to construct the f improvements; and WHEREAS, the City Council had determined that the City’s portion of tt improvements are reimbursable to Sambi Seaside Heights in the amount of $121,865; WHEREAS, funds are available in the project account. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of ( California, as follows: 1. That the above recitations are true and correct. 2. That the City Council hereby authorizes the Finance Director to reimburs Seaside Heights, developer, for the City’s portion of the construction of Hidden Valley Rc amount of $121,865. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad Citl held on the 17th day of December , 1996 by the following vote, to wit: AYES: Council Members Lewis, Finnila, Nygaard, Kulchin and Hall NOES: None ABSENT: None ATTEST: AL%R&rE%*CGlep (SEAL) I