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HomeMy WebLinkAboutReso 2007-218 RESOLUTION NO. 2007-218 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROPRIATING $49,903.50 FROM THE AVAILABLE FUND BALANCE OF THE TRAFFIC SIGNAL FUND FOR THE CITY SHARE OF TRAFFIC SIGNAL INSTALLATION COSTS AT MAIN STREET AND AUTO PARK PLACE AND AUTHORIZING THE DIRECTOR OF FINANCE TO REIMBURSE THE DEVELOPER WHEREAS, in 2003, the Chula Vista City Council approved a development including an auto park and other auto related businesses by Mr. Hooper Knowlton on the north side of Main Street at Auto Park Place (Auto Park North); and WHEREAS, in 2004, the City approved an auto park development by Sumoad Enterprises on the south side of Main Street directly across from Auto Park North (Auto Park East); and WHEREAS, as a result of these developments, a new traffic signal was needed at the intersection of Main Street and Auto Park Place; and WHEREAS, Sumoad Enterprises installed the traffic signal and paid the total cost for the signal with an understanding that it would be partially reimbursed by the City and the developer of Auto Park North upon project completion. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City ofChula Vista that it approves the appropriation of $49,903.50 to the Other Expenses Category of the Traffic Signal fund from the available balance of the fund for the City's share of the installation of the traffic signal at Main Street and Auto Park Place. Presented by Approved as to form by ~~ Assistant City Manager/City Engineer <tro fu.'\~ \'\ f ~~\ , Ann Moore City Attorney Resolution No. 2007-218 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 14th day of August 2007 by the following vote: AYES: Councilmembers: Castaneda, McCann, Ramirez, Rindone, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Chery] C~ ATTEST: J ~ M;vu;. r 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. 2007-218 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 14th day of August 2007. Executed this 14th day of August 2007. I~ A{MlJ.. Susan Bigelow, MMC, City Clerk t