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HomeMy WebLinkAbout1999-04-06; City Council; Resolution 99-1151 2 3 4 5 6 7 8 9 IO 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 RESOLUTION NO. 99-115 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING IMMEDIATE LUMP SUM REIMBURSEMENT TO DARBY CREEWCARLSBAD, LLC FOR COST OF A TRAFFIC SIGNAL AT THE INTERSECTION OF ALGA ROAD AND MELROSE DRIVE. WHEREAS, the Darby CreeWCarlsbad, LLC, as a condition of approval for development of the Meadowlands, did complete the installation of the traffic signal at intersection of Alga Road and Melrose Drive; and WHEREAS, the Darby CreeWCarlsbad, LLC has submitted detailed accounting reco verified by City Staff, which show that the total audited cost to install the signal was $39,500 and WHEREAS, adequate funds currently exist within Account Number 320700009( 35781-900 to reimburse the developer for the installation of their portion of the traffic signal. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlst California, as follows: 1. That the above recitations are true and correct. 2. That the Finance Director is hereby directed to make an immediate one-t reimbursement to the Darby CreeWCarlsbad, LLC in the amount of $39,500.00 for the installa of the traffic signal. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City COUI held on the 6th day of April , 1998 by the following vote, to wit: AYES: Council Members Hall, Finnila, Nygaard and Kulchin NOES: None ABSENT: Council Member Lewis MATTHEW HALL, Mayor Pro Tern II ATTEST: n h% A? ALETHA L. RAUTENKRANZ, City Clerk / (SEAL)