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HomeMy WebLinkAbout2006-04-18; City Council; Resolution 2006-0701 RESOLUTION NO. 2006-070 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, 3 4 5 6 7 8 9 10 11 12 13 14 21 22 23 24 CALIFORNIA, APPROVING THE RATIFICATION OF REIMBURSEMENT AGREEMENT FOR PORTION OF PLANNED LOCAL DRAINAGE AREA (PLDA) FACILITIES C AND CF WITH GREYSTONE HOMES, INC., APPROVING APPROPRIATION OF PLDA 'C' FUNDS AND AUTHORIZING FINANCE DIRECTOR TO REIMBURSE GREYSTONE HOMES, INC., $224,822 FOR THE CONSTRUCTION OF PLDA FACILITIES C AND CF. PROJECT NO. 3804. WHEREAS, installation of Planned Local Drainage Area (PLDA) storm drain Facilities C and CF (the "Facilities") were a condition of approval for the subdivision of Cobblestone Sea Village (CT 84-32A); and WHEREAS, the Planned Local Drainage Area (PLDA) Fee Program provides for reimbursement for the costs of constructing master planned facilities constructed by developers in excess of the PLDA fees required of the development project; and WHEREAS, PLDA fees have been paid for the subject property; and WHEREAS, Greystone Homes, Inc., installed the Facilities; and WHEREAS, Greystone Homes, Inc., has requested reimbursement in the amount of I O $224,822 for the construction of the Facilities; and 16 WHEREAS, Greystone Homes, Inc., has submitted a signed Ratification of 17 Reimbursement Agreement for City approval in accordance with City Administrative Procedures; 18 and 19 WHEREAS, an audit of the constructed Facilities was conducted and the Public Works 20 Director approves reimbursement in the amount of $224,822; and WHEREAS, there is insufficient appropriation available for reimbursement in the City's Capital Improvement Program (CIP) through the PLDA Fee Program for the construction of the Facilities, referenced as CIP Project No. 3804; and WHEREAS, there are adequate funds available in the PLDA 'C' Fee Program Fee Program Fund to complete the requested reimbursement for Facilities. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, 26 California, as follows: 27 1. That the above recitations are true and correct. 28 1 2 3 4 5 6 7 8 g 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2. That adequate funds are available in the City's PLDA 'C' Fee Program Fund to pay for the requested reimbursement of Facilities. 3. That funds in the amount of $88,880 are appropriated to the CIP Project No. 3804 account. 4. That the Mayor is authorized to sign the Ratification of Reimbursement Agreement. 5. That the Finance Director is hereby authorized to reimburse Greystone Homes, Inc., in the amount of two hundred twenty four thousand eight hundred twenty two dollars ($224,822) from Planned Local Drainage Area C for the construction of the Facilities. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 18th . day of APril _, 2006 by the following vote, to wit: AYES:Council Members Lewis, Hall, Kulchin, Packard and Sigafoose NOES: None ABSENT: CLAUDE A. LEWI ATTEST: LORRAINE M. WOOD, City Cler (SEAL)