HomeMy WebLinkAboutReso 2006-122
RESOLUTION NO. 2006-122
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING THE TRANSFER OF A
PORTION OF THE FUNDS IN THE AMOUNT OF $83,202.80,
PREVIOUSLY ALLOCATED FOR THE CONSTRUCTION OF
THE AUTO PARK SEWER TO THE DEPOSIT ACCOUNT FOR
"THE CROSSINGS" PROJECT (DE 2002)
WHEREAS, at the time Yacoel Properties was in the process of constructing The Crossings
Project, the City of Chula Vista was also in the process of planning for the design and construction of
the Auto Park Sewer, which traverses The Crossings Project; and
WHEREAS, to expedite the construction of the Auto Park Sewer, Yacoel Properties entered
into an agreement with the City to construct the City's portion ofthe Auto Park Sewer that traversed
their project and be reimbursed from funds previously allocated for the project; and
WHEREAS, Yacoel recently completed the installation of that portion of the Auto Park
Sewer and is seeking reimbursement for the cost incurred in the design and construction ofthe City's
portion of the Auto Park Sewer; and
WHEREAS, funds for the construction of the Auto Park Sewer was previously budgeted in
Fiscal Year 2000/200 I as part of the Salt Creek Trunk Sewer Project (SW219) and was funded
utilizing Trunk Sewer Capital Reserve Funds; and
WHEREAS, Yacoel Properties also established a deposit account - DE 2002 which they
funded to cover City staff expenditures associated with The Crossings Project; and
WHEREAS, staff has reached an agreement with the developer to offset the accrued deficit
in the DE 2002 account with a portion of the funds due to the developer for the construction of the
Auto Park Sewer; and
WHEREAS, it would require the transfer of a total amount of $83,202.80 from the Salt Creek
Project acount to the DE 2002 project account to cover both the accrued deficit of $68,202.80 (for
City staff costs) and a $15,000 for contingency for other future costs that may be associated with the
final inspections of The Crossings Project; and
WHEREAS, approval of this resolution will authorize the transfer of funds and also authorize
the reimbursement of any unspent contingency costs to Yacoel Properties.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City ofChula Vista
does hereby authorize the transfer offunds in the amount of $83,202.80 from the available balance of
the project funds from the Salt Creek Trunk Sewer project to the deposit account for The Crossings
Project - DE 2002 for outstanding City staff costs associated with the processing of The Crossings
Project.
Resolution No. 2006-122
Page 2
Presented by
Approved as to fonn by
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Leah Browder
Acting Engineering Director
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Ann Moore
City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 25th day of April 2006 by the following vote:
AYES:
Councilmembers:
Castaneda, Chavez, McCann, and Rindone
NAYS:
Councilmembers:
None
ABSENT:
Councilmembers:
Padilla
ATTEST:
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t SUsan Bigelow, MMC, City Clerk
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. 2006-122 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 25th day of April 2006.
Executed this 25th day of April 2006.
AIpt.A~ Ai;;'~
Susan Bigelow,MMC, City Clerk
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