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HomeMy WebLinkAbout1990-04-24; City Council; Resolution 90-120x 7 I/ 0 0 h V 1 2 3 4 5 6 RESOLUTION NO. 90-120 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN AGREEMENT FOR IMPROVEMENTS TO LINCOLN STREET AND OAK AVENUE, APPROPRIATING FUNDS AND DIRECTING THE RECORDATION OF A STREET VACATION RESOLUTION WHEREAS, the City Council of the City of Carlsba 7 regarding a Street Vacation; and 8 previously adopted Resolution No. 89-332 and Resolution No. E 9 WHEREAS, ResolutionNo. 89-360 conditionsthe record 10 of the Street Vacation Resolution upon the satisfaction of CE II 11 improvements to City standards; and 12 conditions regarding guaranteeingthe installation of public E proceed with the recordation of said Street Vacation Resolu 18 determined it necessary, desirable, and in the public intere 17 WHEREAS, the City Council of the City of Carlsba 16 installation of said improvements; and 15 owners have deposited funds with the City guaranteein? 14 WHEREAS, in satisfaction of said condition, the prc 13 19 2. That an agreement between the property owner 21 1. That the above recitations are true and corre 20 NOW, THEREFORE, BE IT RESOLVED as follows: 22 26 Following the Mayor's signature of said agreement, the City 25 Clerk are authorized and directed to execute said agreement. 24 Street and Oak Avenue is hereby approved and the Mayor and 23 the City of Carlsbad regarding improvements to portions of Li and this Resolution to Counsel for the property owners, Nic 27 is authorized and directed to return one (1) copy of said agre 28 C. Banche, Attorney at Law, 810 Mission Avenue, Suite 7 Y -. I 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 e 0 Oceanside, California, 92054, and the Municipal PI Department. 3. That the City Council of the City of Carlsbad does appropriate the cash deposit made by the property guaranteeing said improvements in the amount of $32,627.5 estimated earned interest on said deposit in the amount of to the project account 300-840-1840-3346. Said funds are used by the City of Carlsbad to install the improvements ou and required by Resolution No. 89-360. 4. That the City Council of the City of Carlsbad does find Condition No. 4 of Resolution No. 89-360 to be satisif directs the City Clerk to record the Resolution of Vacatio the San Diego County Recorders Off ice. That followir recordation of said Resolution of Vacation, the City Clt further directed to forward a copy of said recorded docume Counsel for the property owners as addressed in above Paragra 3. PASSED, APPROVED AND ADOPTED at a regular meeting Carlsbad City Council held on the 24th day of April by the following vote, to wit: I AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and NOES: None /- ABSENT : None ATTEST : ( SEAL )