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HomeMy WebLinkAbout1995-01-10; City Council; Resolution 95-8* I1 0 * EXHIBIT 3 II 1 2 3 4 5 RESOLUTION NO. 95-8 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN IMMEDIATEONE-TIMEREIMBURSEMENT TO THE CARLTAS COMPANY FOR THE CONSTRUCTION OF MASTER DRAINAGE PLAN FACILITY BAA IN THE AMOUNT OF $342,686. WHEREAS, the Carltas Company, as a condition of approval for Carlsbad Tract i 6 8 and Storm Water Quality Management Plan (Master Drainage Plan) as Planned Loca~ 7 complete the construction of an off-site drainage facility identified on the City’s Mastel facility BAA located within Planned Local Drainage Area ’B’; and, 9 11 WHEREAS, the Carlsbad Municipal Code Section 15.08.080 provides that the Cii LO 11 12 13 14 15 at its discretion, may enter into a reimbursement agreement with any developer constructed a Planned Local Drainage (PLD) facility identified in the Master Drainage WHEREAS, the Carltas Company has requested an immediate reimbursemen incurred in the construction of PLD facility BAA; and, WHEREAS, the Carltas Company has submitted detailed accounting records, 16 17 City staff, which show that the total cost to construct PLD facility BAA was $578,767 (PLDA) fees resulting from the recent Master Drainage Plan update; and, 19 entered into agreements with the City to pay any increase in Planned Local Drai 18 WHEREAS, the Carltas Company, as a condition of approval for CT 87-03 anc 20 WHEREAS, the Carttas Company is obligated to pay the additional sum of $, 21 in PLDA fees to the City in satisfaction of said agreements; and, 22 23 24 WHEREAS, the payment of the additional PLDA fees may, in accordanc Drainage Ordinance, be credited against the cost to construct PLD facilities; and, 25 I WHEREAS, after application of credit there remains $342,686 in reimbursab PLD facility BAA; and, 26 27 I1 WHEREAS, adequate funds are, or will be, available through the collection o 28 I1 to reimburse the developer for the full cost of the PLD facility BAA; and, I 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 0 0 WHEREAS, adequate funds currently exist within the PLDA account for Ar reimburse the developer for the construction of PLD facility BAA and to finance all PL[ drainage improvements programmed in the City’s current and proposed five-yes improvement Program. 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 Finance Director is hereby directed to make an immediate reimbursement to the Carkas Company in the amount of $342,686 for the constructi facility BAA from PLDA Area B account. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad Ci 1995 held on the m day of JANUARY , k994 by the following vote, to wit: AYES: Council Members Lewis, Nygaard, Kulchin, Finnila, Hall NOES: None ABSENT: None ATTEST: &L%Z, City Clerk KAREN R. KUNDTZ, Xsistant City Clerk (SEAL) 1