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HomeMy WebLinkAbout2002-01-08; City Council; Resolution 2002-0031 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2002-003 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A REIMBURSEMENT TO LB/L - CONCORDIA CARLSBAD FOR THE CONSTRUCTION OF A TRAFFIC SIGNAL AT CARLSBAD VILLAGE DRIVE AND DONNA DRIVE AND APPROVING THE APPROPRIATION OF FUNDS. WHEREAS, on July 18, 1997, the City of Carlsbad Planning Commission approved CT 96-03, Pacific View Estates, for development of a 26-lot subdivision (“Project”), subject to conditions per Planning Commission Resolution No. 4100; and WHEREAS, on August 5, 1997, the City Council heard an appeal filed with the Project. City Council approved the Project, subject to conditions per City Council Resolution No. 97-561; and WHEREAS, pursuant to City Council Resolution No. 97-561, the City shall reimburse the developer of the Project 75% of the costs associated with the construction of the signal at Carlsbad Village Drive and Donna Drive (‘Signal Improvements”); and WHEREAS, the developer of the Project, LB/L Concordia Carlsbad, LLC, a California Limited Liability Company, has properly installed the Signal Improvements to the satisfaction of the City Engineer. Developer has prepared audit materials necessary to document the costs associated with the Signal Improvements; and WHEREAS, City staff has performed a review of the costs associated with the Signal Improvements. The total cost of the Signal Improvements is evaluated at $138,596; and WHEREAS, pursuant to City Council Resolution No. 97-561, the City shall reimburse the developer of the Project, Concordia, $103,947; and WHEREAS, there are sufficient funds available in the Gas Tax fund for the reimbursement; II/ I// Ill ill 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That City Council authorize the Finance Director to appropriate $103,947 of Gas Tax funds to Project No. 36191 of the Capital Improvement Program to cover the cost of this reimbursement. 3. That City Council authorize the Finance Director to pay LB/L Concordia Carlsbad, LLC, a California Limited Liability Company $103,947, covering 75% of the costs incurred with the installation of the traffic signal pursuant to City Council Resolution No. 97-561. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 8th day of JANUARY , 2002, by the following vote: AYES: Council Members Lewis, Kulchin, Finnila, Nygaard, Hall NOES: None ABSENT: None ATTEST: /3 Page 2 of Resolution No. 2002-003