HomeMy WebLinkAboutReso 1988-13406 RESOLUTION NO. 13406
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CHULA VISTA, CALIFORNIA,
APPROVING VARIOUS AGREEMENTS FOR
TELEGRAPH CANYON IMPROVEMENT PROJECT
WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, is, based upon the
request of Eastlake Development Company, considering the formation of either a
special assessment district or districts, pursuant to the terms and provisions of
the "Municipal Improvement Act of 1913", being Division 12 of the Streets and
Highways Code of the State of California, or a community facilities dietrict or
districts, pursuant to the terms and provisions of the "Mello-Roos Community
Facilities Act of 1982", being Chapter 2.5. Part 1, Division 2, Title 5 of the
Government Code of the State of California, for the acquisition or construction of
certain public works of improvement, together with appurtenances and appurtenant
work, said district initially known and designated as TELEGRAPH CANYON IMPROVEMENT
PROJECT (hereinafter referred to as the "District"); and,
WHEREAS, at this time, Eastlake Development Company ("Property Owner") has requested
that the City retain the services of various consultants to undertake a study of the
feasibility of the financing Of the project and to make recommendati6ns to the city
regarding the most appropriate method for financing the specified public works of
improvement; and,
WHEREAS, Property Owner has agreed to advance all costs of such consultants incurred
by the City, subject to reimbursement from the proceeds of bonds, if any, received
following the formation of the District; and,
WHEREAS, Property Owner has further requested that the City agree to acquire certain
of the public works of improvement if and when the District is formed and bonds
issued.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the following consultant agreements which are on file in the Office
of the City Clerk are hereby approved and the execution thereof
authorized:
A. WILLDAN ASSOCIATES, Assessment Engineer;
B. GEORGE T. SIMPSON, Project Manager
C. KADIE-JENSEN & JOHNSON, Financial Consultant;
D. BROWN & DIVEN, Bond Counsel
SECTION 3. That the Reimbursement Agreement and Acquisition/Financing Agreement by
and between the City and Property Owner, which are on file in the Office
of the City Clerk, are hereby approved and the execution thereof is
authorized.
APPROVED and ADOPTED this 12th day of January , 1988.
CITY OF CHULA VISTA
STATE OF CALIFORNIA
ATTEST:
C ~K ~ ~ / ~ ~
STAT~ O~ CAlifOrnIA
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
ITY OF CHULA VISTA
I, JENNIE M. FULASZ, CITY CLERK of the CITY OF CHULA VISTA, CALIFORNIA, DO HEREBY
CERTIFY that the foregoing Resolution, being Resolution No. 13406 , was duly
passed, approved and adopted by the City Council, approved and signed by the Mayor,
and attested by the City Clerk, all at the regular meeting of said City Council
held on the 12th day of January , 1988, and that the same was
passed and adopted by the following vote:
AYES: COUNCIL MEMBERS Malcolm, Nader, Moore, Cox
NOES: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS McCandliss
ABSTAIN: COUNCIL MEMBERS None
EXECUTED this 19th day of January , 1988, at Chula Vista, California.
CITY OF CHULA VISTA
STATE OF CALIFORNIA
CItY OF
CHUIA VLSTA