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HomeMy WebLinkAboutReso 2001-097 RESOLUTION NO. 2001-097 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE EASTLAKE COMPANY TO CONSTRUCT AND RECEIVE TRANSPORTATION DEVELOPMENT IMPACT FEE CREDIT OR REIMBURSEMENT FOR OLYMPIC PARKWAY IMPROVEMENTS BETWEEN HUNTE PARKWAY AND THE OLYMPIC TRAINING CENTER, AND HUNTE PARKWAY BETWEEN OLYMPIC PARKWAY AND SOUTH GREENSVIEW DRIVE/OAK SPRINGS DRIVE, AND AUTHORIZING THE PUBLIC WORKS DIRECTOR TO SIGN THE AGREEMENT WITH THE EASTLAKE COMPANY, MODIFYING THE REQUIREMENT OF THE MUNICIPAL CODE WHEREAS, the City Engineer received a letter dated November 16, 2000, from the EastLake Company requesting reimbursement for the construction of a portion of Olympic Parkway and Hunte Parkway, which are included in the City's Transportation Development Impact Fee (TDIF) program and WHEREAS, Council previously authorized grading and construction of wet utilities for these roadway segments through Resolution No. 19292 adopted on December 8, 1998; and WHEREAS, the TD~F Ordinance provides a procedure for issuance of credits or tender of reimbursement to developers; and WHEREAS, according to Section 3.54.040 of the Chula Vista Municipal Code, the developer, upon approval of the estimated cost of a project by the Director of Public Works and receipt of valid bids, shall be entitled to credit for seventy-five percent of construction attributable to the TDIF Project and these credits will be applied to the developer's obligation to pay fees for building permits issued NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby authorize the EastLake Company to construct and receive Transportation Development Impact Fee credit or reimbursement for Olympic Parkway improvements between Hunte Parkway and the Olympic Training Center and Hunte Parkway between Olympic Parkway and South Greensview Drive/Oak Springs Drive. BE IT FURTHER RESOLVED that the Public Works Director is hereby authorized to sign the agreement with the EastLake Company modifying the requirement of the Municipal Code. Presented by Approved as to form by · ' J "A ' K~;ny ~ Resolution 2001-097 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, Califomia, this 10th day of April, 2001, by the following vote: AYES: Councilmembers: Davis, Rindone and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: Padilla and Salas S 'rley Horto~, Mayor ATTEST: Susan Bigelow, City C1;r~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2001-097 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 10th day of April, 2001. Executed this 10th day of April, 2001. Susan Bigelow, City Clerk