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HomeMy WebLinkAbout2002-11-19; City Council; Resolution 2002-3381 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 RESOLUTION NO. ~002-338 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AND AUTHORIZING THE EXECUTION OF REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF CARLSBAD AND MAG PROPERTIES FOR CONSTRUCTION WITHIN THE CITY OF CARLSBAD, RANCHO SANTA FE ROAD REALIGNMENT AND WIDENING, PHASE 1, PROJECT NO. 31 90. WHEREAS, the City Council of the City of Carlsbad, California, proposes to widen and realign Rancho Santa Fe Road from La Costa Avenue to Melrose .Drive pursuant to City Project No. 3190; and WHEREAS, MAG Properties (“MAG”) is the owner of the property known as Assessor Parcel Nos. 223-050-68, 223-050-70,223-060-31, and 223-060-32; and WHEREAS, the City and MAG desire to cooperate in the construction of Rancho Santa Fe Road to the mutual benefit of both parties; and WHEREAS, the City Engineer has determined that the City construction of the outside lanes and curbs will result in cost savings to CFD No. 2; and WHEREAS, the City Council finds that MAG may enter into the reimbursement agreement between the City of Carlsbad and MAG Properties for construction within the City of Carlsbad, Rancho Santa Fe Road Realignment and Widening, Phase 1, Project No. 31 90 (the “Agreement”) (a copy of which is attached hereto). NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Carlsbad, California, as follows: 1. 2. 3. Properties. VI 111 VI That the above recitations are true and correct. That the agreement is hereby approved. That the Mayor is hereby authorized to execute the agreement with MAG 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 4. That the City Clerk is hereby authorized to cause the executed agreement to be recorded in the Office of the County Recorder of San Diego County, State of California. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council held on the 19th day of NOVEMBER , 2002 by the following vote, to wit: AYES: Council Members Lewis, Kulchin, Finnila, Nygaard, Hall NOES: None ATTEST: LORRAINE M. WM, City-Clerk ‘Y Page 2 of 2 of Resolution No. 2002-338 (SEAL)