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HomeMy WebLinkAbout2007-02-20; City Council; Resolution 2007-031Exhibit 2 1 RESOLUTION NO. 2007-031 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, 4 APPROPRIATING FUNDS FROM THE RANCHO SANTA FE ROAD FUND (PROPOSED CFD #2) TO 5 THE CCOA ENCINITAS CAPITAL PROJECT FUND 6 AND AUTHORIZING PAYMENT TO THE CITY OF ENCINITAS 7 8 WHEREAS, the City of Carlsbad and the City of Encinitas entered into an9 agreement titled "Agreement between the City of Carlsbad and the City of -11 Encinitas for the construction of various circulation element roads within the Cities 12 of Carlsbad and Encinitas"; and 13 WHEREAS, the City of Carlsbad and the City of Encinitas found it mutually 14 beneficial to maintain established minimum service levels on El Camino Real, 15 Rancho Santa Fe Road, La Costa Avenue, Leucadia Boulevard, and Olivenhain 16 Road; and 17 WHEREAS, the City of Carlsbad was designated lead Agency on the 18 Olivenhain Road project; and 19 20 WHEREAS, the City of Carlsbad and the City of Encinitas each agreed to 21 fund one half of the project costs; and 22 WHEREAS, funding for the City of Carlsbad's portion of the Olivenhain 23 Road project costs came from the Rancho Santa Fe Road Fund (proposed CFD 24 #2).25 26 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of 27 Carlsbad, California, as follows: 28 Exhibit 2 1 1. That the above recitations are true and correct. 2 2. That the Finance Director is authorized to appropriate $28,133.16 from 3 the Rancho Santa Fe Road Fund (proposed CFD #2) to the CCOA 4 Encinitas Capital Project Fund. 5 3. That the Finance Director is authorized to reimburse the City of6 ' -, Encinitas, pursuant to the Agreement, an amount equal to $14,961.63. 8 H 9 I' 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 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 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 20th day of February, 2007, by the following vote: AYES: Council Members Lewis, Kulchin, Hall NOES: None ABSENT: Council Members Packard, Sigafoose LORRA|NE; M. WOOD, City Clerk