HomeMy WebLinkAbout1995-12-12; City Council; Resolution 95-350c 0 e Exhibit 2
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RESOLUTION NO. 9 5 - 3 5 0
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, APPROVING AN AGREEMENT WITH UPLAND
INDUSTRIES, CORPORATION TO PAY FAIR SHARE COST OF CANNON
ROAD WEST, AND AUTHORIZING RELEASE OF BONDS FOR A SEWER
LIFT STATION, CT 85-24, UNIT NO. 5, CARLSBAD RESEARCH CENTER.
WHEREAS, Upland Industries Corporation, a Nebraska Corporation, hereinaftc
to as "developer, desires to build on Lots 92 through 108 in Carlsbad Tract No. 85-24
WHEREAS, the developer is requesting Council approval of an interim agreeme
"Waiver and Consent to Creation of a Facility Impact Fee Program and Agreement tc
Share Cost of Cannon Road West" whereby developer agrees to pay the City $202,2E
their fair share cost of the financing of Cannon Road West and to waive their right to 1
establishment of a facility impact fee for the construction of Cannon Road West; anc
WHEREAS, the Crty Council of the City of Carlsbad determined it to be in
interest to approve said agreement;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
California, as follows:
1. That the above recitations are true and correct.
2. That the Mayor is directed to sign the agreement entitled "Waiver and (
Creation of a Facility impact Fee Program and an Agreement to Pay Fair Share Cost (
Impact Fee Program and Agreement to Pay Fair Share Cost of Cannon Road West,
3. The City Clerk of the City of Carlsbad is hereby authorized to cause the
to recorded in the office of the County Recorder of San Diego County, State of Cali
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4. That the City Engineer is hereby authorized and directed to releas
performance and labor and materials bonds for interim South Agua Hedionda Lii Ste
notrfy Union Pacific Realty.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad Cit
held on the 12th day of December , 1995 by the following vote, to wit
AYES:Council Members Lewis, Nygaard, Kulchin, Finnila,
NOES: None
ABSENT: None
ATTEST:
(SEAL)
City Clerk
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