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HomeMy WebLinkAbout1994-06-07; City Council; Resolution 94-145a 1 2 3 4 5 6 0 0 EXHIBIT 2 RESOLUTION NO. 9 4 - 14 5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING THE RELEASE OF A REIMBURSEMENT AGREEMENT PERTAINING TO ASSESSMENT DISTRICT NO 86-1 PALOMAR AIRPORT ROAD WHEREAS, the City Council of the City of Carlsbad, California, on July 5, 1988 coni 7 [[ assessments in a special assessment district known and designated as: 8 ASSESSMENT DISTRICT NO. 86-1 (PALOMAR AIRPORT ROAD) 9 11 (hereinafter referred to as "Assessment District"); and 10 11 12 13 14 15 16 17 WHEREAS, there exists certain property within the boundaries of the proF Assessment District which cannot legally utilize the special benefits which would otherwise a to that property from the proposed improvements as a result of the classification of said prc as permanent agriculture under the Mello II Local Coastal Plan; and, WHEREAS, the City Council has made a contribution to the proposed Assessment C which would represent the assessments which would be levied against said property, but classification as permanent agriculture, and entered into a reimbursement agreement wi 18 owner of said property and recorded said agreement on August 14, 1986; and 19 WHEREAS, the estimated cost of improvements was subsequently revised and ar 20 reimbursement agreement with the owner was executed and recorded on November 1, 1 21 WHEREAS, the reimbursement agreement recorded on November 1, 1988 was intc 22 to replace the prior agreement recorded on August 14, 1986. 23 11 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carl 24 11 California, as follows: 25 26 1. That the above recitations are true and correct. 27 ll 2. That the Release of Reimbursement Agreement releasing the Reimburst 28 // Agreement by and between the City of Carlsbad and Paul Ecke, Sr., recorded on rl * -’ 0 0 1 I/ August 14, 1986, is hereby approved, and the Mayor and City Clerk are authorized to e: 2 /I said release on behalf of the City. 3 4 PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City C 5 AYES: Council Members Lewis, Stanton, Kulchin, Nygaard, Finnila 6 held on the 7th day of JUNE , 1994 by the following vote, to wit: 7 11 NOES: None 8 9 10 11 ABSENT: x None &ddg mUDE A. LEWIS, Mayor 12 11 ATTEST: 13 14 O&*> .A l2tkJkd- ALETHA L. RAUTENKRANZ, City Clerk 3 15 16 17 18 19 2o I (SEAL) 21 22 23 24 25 26 27 28 II