HomeMy WebLinkAbout2007-01-09; City Council; Resolution 2007-0021
RESOLUTION NO. 2007-002
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
3 CARLSBAD, CALIFORNIA, TO APPROVE AND AUTHORIZE
REIMBURSEMENT AGREEMENT WITH CARLSBAD OAKS NORTH
4 PARTNERS , L.P. AND THE CITY OF CARLSBAD FOR
CONSTRUCTION OF ADDITIONAL RIGHT-TURN LANE ON
5 WESTBOUND FARADAY AVENUE AT EL CAMINO REAL.
6 WHEREAS, Carlsbad Oaks North Partners, L.P. (DEVELOPER), is the Developer of the
7 City approved project known as Carlsbad Oaks North CT 97-13; and
8 WHEREAS, as described in the conditions of CT 97-13, DEVELOPER shall design
g improvements to Faraday Avenue at El Camino Real to accommodate an additional westbound
turn lane, subject to reimbursement.10
WHEREAS, the City has developed an improvement project on Faraday Avenue at three
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intersections, including Faraday Avenue and El Camino Real associated with the project
12 conditions as a shared responsibility between City of Carlsbad and DEVELOPER; and
WHEREAS, the City of Carlsbad has caused plans to be prepared for the improvements
14 to Faraday Avenue; and
15 WHEREAS, the funding of the improvements have been approved by the City of
16 Carlsbad; and
,_ WHEREAS, the deposit by Carlsbad Oaks North Partners, L.P. satisfies the obligation of
"Fair Share" contribution and meets the intent of condition of approval related to CT 97-13.18
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
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California, as follows:
20 1. That the above recitations are true and correct.
21 2. That the reimbursement agreement is hereby approved.
22 3. That the Mayor is hereby authorized to execute the reimbursement agreement
23 with Carlsbad Oaks North Partners, L.P.
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25 '"
III26
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PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 9th day of January, 2007, by the following vote:
AYES: Council Members Lewis, Kulchin, Hall, Packard, Sigafoose
NOES: None
ABSENT: None
ATTEST:
LORRAINE M. WOOD, City Cle
(SEAL)