HomeMy WebLinkAboutReso 1997-18760 RESOLUTION NO. 18760
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROPRIATING FUNDS FROM THE TRAFFIC SIGNAL
FUND TO REIMBURSE DEVELOPER FOR COSTS INVOLVED
WITH TRAFFIC SIGNAL RELQCATION AT THE SOUTHEAST
CORNER OF THIRD AVENUE AND PALOMAR STREET
WHEREAS, Kentucky Fried Chicken (KFC), developer of the property at the southeast
corner of Third Avenue and Palomar Street, plans to build a KFC fast food restaurant; and
WHEREAS, as part of this development, KFC is required to widen both streets to meet
current standards mandated in the City's Circulation Element of the General Plan; and
WHEREAS, part of that widening includes the relocation of the existing traffic signal
standard on the corner (the "Traffic Signal Relocation Project"); and
WHEREAS, staff is requesting that Council authorize staff to reimburse KFC for the
cost of this relocation out of the Traffic Signal Fund.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does
hereby:
(1) Appropriate up to $24,200.00 from the Traffic Signal Fund to cover the cost
of relocating City's signal standard and appurtenances;
(2) Upon developer's completion of the Traffic Signal Relocation Project to the
satisfaction of the City Engineer and City Engineer's approval of the amounts
expended by developer in connection therewith (the "Approved Cost Amount"),
authorize staff to give the developer credit for up to $17,486.40 of the
Approved Cost Amount against developer's deferred traffic signal fee of
$17,486.40, and to reimburse the developer for the remainder of the Approved
Cost Amount, not to exceed a maximum reimbursement of $24,200.
Presented by Approved as to form by
ohn P. L~pp~tt ~y
Public Works Director
Resolution 18760
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 19th day of August, 1997, by the following vote:
AYES: Councilmembers: Padilia, Rindone, Salas, and Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: Moot
~Horton,/'j(r~M'ayor
ATTEST:
Beverly ~.Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that
the foregoing Resolution No. 18760 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 19th day of August,
1997.
Executed this 19th day of August, 1997.
~Authelet, City Clerk
r T T m "~IT IT