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HomeMy WebLinkAbout1986-07-08; City Council; Resolution 86551 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 8655 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AMENDING CONTRACT NO. 3085, CENTRAL BUSINESS STORM DRAIN BY APPROVING CHANGE ORDER NO. 3 AND APPROPRIATING ADDITIONAL FUNDS. WHEREAS, Contract No. 3085 was awarded by the City Council to the Peter David Company on August 7, 1984 in the amount of $693,480.20, Change Order C. No. 1 was approved by Council on June 4, 1985, and Change Order No. 2 was approved by Council on August 27, 1985. 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. Change Order No. 3 in the amount of $67,301.57 on file in the Engineering Department is hereby approved. 3. Funds in the amount of $67,301.57 are hereby loaned to the Redevelopment Agency from the General Capital Construction fund at an annual interest rate of 10% per annum to be repaid to the General Capital Construction fund from tax increment revenues received by the Agency. These funds ar hereby appropriated to Account No. 810-820-3410-3085. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council wit: held on the - 8th day of julV , 1986 by the following vote, to AYES: NOES: None Council Members Casler, Lewis, Kulchin, Chick and Pettine ABSENT: None ATTEST: ALETHA L. RAUTENKRANZ, City Cleri (SEAL)