HomeMy WebLinkAbout1991-06-18; Housing & Redevelopment Commission; Resolution 191's i II 0 e /I Resolution No. 191
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ARESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSI(
OF THE CITY OF CARLSBAD, CALIFORNIA APPROVING TI
ALLOCATION OF ADDITIONAL FUNDS FOR REVISION OF EXIST11
FREEWAY SIGNAGE TO ACCOMMODATE THE NAME CHANGE OF El
AVENUE TO CARLSBAD VILLAGE DRIVE
WHEREAS, it has been the intent of the Housing and Redevelopm
t5 I1 Commission to draw attention to the Carlsbad Village Area; and
7 11 WHEREAS, on February 17, 1987, the Carlsbad City Council approved 8
9 commitment to increasing the recognition of the Village Area; and
street name change of Elm Avenue to Carlsbad Village Drive to demonstrate
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11 WHEREAS, on August 15, 1989, the Housing and Redevelopn
12 Commission reviewed the Caltrans $143,000 project estimate and contingency
13 II modification of 9 freeway signs along Interstate 5 and allocated $153,000 to fund
14 11 name change; and
15 11 WHEREAS, on April 10, 1990 the Commission entered into a coopera l6
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Caltrans to begin design and construction of the project; and 17
agreement, with the State, which outlined funding responsibility and author:
19 I WHEREAS, $84,610 in Caltrans expenses have been incurred by the Cil
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23 be born solely by Caltrans.
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25 NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing
26 Redevelopment Commission of the City of Carlsbad as follows:
date, and Caltrans original estimate has been revise to $190,000; and
WHEREAS, Caltrans has represented that $190,000 is the total cost of
project and that any financial obligation which exceeds the $190,000 cost estimate
27 I 1. That the above recitations are true and correct.
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Y 2. That the Housing and Redevelopment Commission authorizes
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Financial Management Director to allocate an additional $37,000 fl
the Redevelopment Agency fund.
I 3. That the total funding allocation for the name change of Elm Ave
to Carlsbad Village Drive shall not exceed $190,000.
PASSED, APPROVED AND ADOPTED at, a regular meeting of
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Carlsbad Housing and Redevelopment Commission held on the 18th day of 51
1991 by the following vote, to wit:
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AYES: Commissioners Lewis, Kulchin, and Stanton
NOES: Commissioners Larson, and Nygaard
ABSENT: None
v- \w
CLAUDE A. LEWIS, Chairm:
ATTEST:
I
ND R. PATCHETT, Secreta
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