HomeMy WebLinkAbout1998-05-19; City Council; Resolution 98-150* 0 &ic(B!7 z >
1 II RESOLUTION NO. 98-150
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REIMBURSEMENT
AGREEMENT WITH THE CATELLUS RESIDENTIAL GROUP FOR
THE CONSTRUCTION OF POINSETTIA LANE AND
AUTHORIZING THE APPROPRIATION OF FUNDS FROM THE
BRIDGE AND THOROUGHFARE DISTRICT NO. 2 FUND TO PAY
FOR THE CONSTRUCTION OF POINSETTIA LANE.
~ WHEREAS, the Catellus Residential Group, as a condition of approval for Carlsbad Trac
93-09 (Ocean Bluff) is conditioned to construct the north half of Poinsettia Lane from Aviar;
a Parkway to Brigantine Drive; and
9 WHEREAS, the City desires to construct full width grading and two traffic lanes separatec
lo by a raised median along Poinsettia Lane from Aviara Parkway to Black Rail Road; and
11 WHEREAS, the Catellus Residential Group has agreed to expand their constructiol
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Poinsettia Lane from Brigantine Drive to Black Rail Road provided that they are reimbursed fron 13
program to include full width grading and two traffic lanes separated by a raised median alon!
14 the proceeds of Bridge and Thoroughfare District No. 2 (Aviara ParkwayIPoinsettia Lane); and
WHEREAS, the Engineer's Fee Study Report prepared in conjunction with the formatio:
of Bridge and Thoroughfare District No. 2 states that the City Council may use the fund
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16 collected by the district to reimburse developers for the construction of work included within th
cost estimate upon which the district fees were based; and 17
WHEREAS, the full width grading and two traffic lanes separated by a raised median c
Poinsettia Lane from Aviara Parkway to Black Rail Road are reimbursable items of work include
within the costs included in Bridge and Thoroughfare District No. 2; and
WHEREAS, the Catellus Residential Group has requested Council approval of
reimbursement agreement for the construction of said improvements to Poinsettia Lane; and
WHEREAS, the Catellus Residential Group desires to begin construction of the Poinsetti
Lane improvements in Fiscal Year 97-98; and
WHEREAS, adequate funds exist in the Bridge and Thoroughfare District No. 2 fund 1
pay for the construction of Poinsettia Lane.
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1 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad
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California, as follows:
1. That the above recitations are true and correct. 11 2. That the reimbursement agreement by and between the Catellus Residentia 4
Group and the City, dated May 19, 1998, is hereby approved and the Mayor is authorized to sigr
said agreement on behalf of the City.
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6 3. That the Finance Director is hereby directed to appropriate funds in the amount c
7 $1,500,000 to the Poinsettia Lane project account.
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9 PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Counc
10 held on the 19 day of May , 1998 by the following vote, to wit:
11 AYES: Council Member Finnila, Nygaard, Hall & Kulchin
12 NOES: None
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ABSENT: Council Member Lewis
15 CLAlbE A. LEWIS, Mayor
RAMONA FINNILA, Mayor Pro Tern
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IITENKRANZ, City Clerk 1 (SEAL)