HomeMy WebLinkAbout1993-04-27; City Council; Resolution 93-118r II 0 0
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1 RESOLUTION NO. 93-118
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING SUBMITTAL OF ESCROW DOCUMENTS,
APPROPRIATION OF FUNDS AND GRANTING THE MAYOR AUTHORITY
TO EXECUTE DOCUMENTS FOR ACQUISITION OF RIGHTS-OF-WAY
FOR THE POINSElTIA LANEII-5 INTERCHANGE
5 11 WHEREAS, the City Council of the City of Carlsbad has deemed it necessary i ' public interest to proceed with construction of improvements to the intersection of I
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Lane and Interstate 5; and
WHEREAS, the City Council has reviewed the necessity of acquiring certain rig1
in order to construct said project;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cz
follows:
1. That the above recitations are true and correct.
2. That the Council hereby authorizes staff to submit escrow documents (
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3. That the Council hereby authorizes the expenditure of funds necessary for 16
Parcel 1, owned by Herrick Holdings, Ltd., and Project Parcel 2, owned by Smith Far
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Project Parcel 1 in an amount not to exceed $120,000 and Project Parcel 2 not 17
19 I 4. That the Council hereby authorizes the Finance Director to transfer $70,00
2o 1 Community Facilities District Fund Balance to the Project Account No. 430-820-18!
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order to assure availability of funds.
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1 5. That the Council hereby authorizes the Mayor to execute necessary docu
2 behalf of the City Council.
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4 PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad Cii i
5 11 held on the 27th day of April , 1993 by the following vote, to wit:
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AYES: Council Members Lewis, Stanton, Nygaard and Finnila
NOES: None
ABSENT: Council Member Kulchin 9
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I.2 // ATTEST:
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ALETHA L. RAUTEN
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(SEAL)
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