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HomeMy WebLinkAboutAgenda Statement 1981/05/12 Item 8 . i~' COUNCIL AGENDA STATEMENT Item 8 Meeting Date 5-12-81 Resolution ~~~~i .Approving reimbursement of the Gersten Company for a portlon of the cost of signal installation at Telegraph Canyon Road and Paseo del Rey and appropriating funds therefor SUBMITTED BY: l\~MJ (4/5ths Vote: Yes x No_l City Engi neer 'P v In August 1978, the City implemented a system of traffic signal participation fees based upon traffic generation. In November 1979, installation of a traffic signal at Telegraph Canyon Road and Paseo del Rey was completed. The cost of the signal $46,136.03 was underwritten by the Gersten Company as a condition of approval of E1 Rancho del Rey Unit No.5 subdivision. ITEM TITLE: Under the provisions of the Traffic Signal Participation Policy that development is subject to a maximum participation of $32,340.00. The developer is therefore e1 igible for reimbursement from the Traffic Signal Fund in the amount of $13,796.03. It is therefore my RECOMMENDATION: That City Counci 1 : 1. Appropriate $13,796.03 from the unappropriated balance of the Traffic Signal Fund to account 211-2110-5420 for the purpose of maki ng the reimbursement, and 2 . Direct the Director of Finance to make the refund to the Gersten Company. BOARD/COMMISSION RECOMMENDATION: Not applicable. DISCUSSION: The time between the requirement to construct and the actual construction of this signal covered an extended period. Concurrently, the Traffic Signal Participation Policy was approved, implemented and revised. The subdivision improvement agreement provided for reimbursement, but made no provision concerning terms of reimbursement for signal construction because the City had no broad traffic signal participation policy at that time. Staff is worki ng on a rei mbursement program for Tel egraph Canyon Road. This program was discussed in the Tentative Map conditions and in fact the costs for the traffi c si gnal were intended to be ~0ncluded in that reimbursement district. However, since the City .,%i\'has adopted a Traffic Signal Participation Program, we recommend , that costs for traffic signal s not be a part of the road program but.be included in the Traffic Signal Program. There will be other traffic signal constructed along Telegraph Canyon Road (i.e., Paseo Ladera and Otay Lakes Road) which will be funded from the Traffic Signal Participation Program. Form A-113 (Rev. 11/79) j ctI CJ9 EXHIBITS Agreement_____ Resolution~ Ordinance_____ Plat_____ Notification List Other ENVIRONMENTAL DOCUMENT: Attached Submitted on , , .- Page 2, Item Meeting Date 5-12-81 . Specific authorization for this reimbursement is necessary in the absence of a specific reimbursement agreement. Future signal construction will be covered through preparation of reimbursement agreements simil ar to those used for offsite sewer construction. The Traffic Signal Participation Policy makes general provision for such reimbursements but does not create the process whereunder such reimbursements are to be carried out. I will in the near future present the necessary Code revisions, etc. for Council approval ~Ihich will formalize that process. The appropriate fee for the El Rancho del Rey Un it No. 5 i s com put e d as follows: ERDR Unit 5 342 residential lot s Res u bd i vis ion of Lot 340 43 " " TOTAL LOTS 385 385 lots x 12 trips/lot/day x $7/trip = $32,340.00 FISCAL IMPACT: Will reduce unappropriated balance of Traffic Signal Fund by $13,796.03. WEH: fpw/ 'f'"--~""""."'" Ii ~ .' by the City Council of Chula Vista, California Dated ..s- ~ I:z. -d' / . ! ty.[f;;q - "- ,.. ., "