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1991/04/23 City Council Resolution (5)RESOLUTION N0. 9I-95 A RESOLUTION AUTHORIZING REIMBURSEMENT T0 QANTAS DEVELOPMENT CORP. OR ITS ASSIGNEE FOR CERTAIN CUPELAND CREEK DRAINAGE PLAN IMPROVEMENTS WHEREAS, the Council of the City of Rnhnnrt Park has previously, by Resolution No. 75-51 adopted on May 8, 1976, acknowledged that reimbursement in the original amount of $59,535.50 was due Qantas Development Corp. for improvements constructed OS part of the Copeland Creek Drainage Plan; and WHEREAS, reimbursement was due Qantas Development Corp. for said improvements because they exceeded the improvements that were required Of that particular development constructed by Qantas, as outlined in City Council Resolution No. 76-51; and WHEREAS, since the adoption of Resolution No. 76-51, payments have been made to Qantas Development Corp. from the Copeland Creek Drainage Facility Fund in the amount Of $33,536'50; and WHEREAS, by Resolution No. 77-76, adopted on April 25, 1977, the Council authorized a $36,000 credit to be applied against assessments due from Qantas Development Corp. in the area of the Copeland Creak Drainage Plan as listed in Qantas's letter dated March 25, 1977; and WHEREAS, on July 17, 1878, a $5,324 assessment charge was applied against the Credit for Subdivision Unit N0. 4; and WHEREAS, on October 2, 1978, an additional $13,256.20 charge was applied against the credit for the C07eg10 Vista Subdivision Unit No. 6-A; and WHEREAS, after application of these two /2\ listed charges above, a balance of $17,420.80 was duo Qantas Development Corp.; and WHEREAS, on December 10, 1979, by Resolution No' 79-2I4, the City Council authorized an additional $42,866 reimbursement to Qantas Development Corp' for additional public improvements as part of the Colegin Vista Subdivision No. 5-8, of which a portion of the improvements are part of the facilities of the Copeland Creek Drainage Plan; and WHEREAS, on January lU, 1980, a charge in the amount of $10,256 was applied against the outstanding credits of $42`856 and the $17,420'80 of a previous credit, leaving a balance of $50,030.80; and WHEREAS, d final credit was applied on May 31, 1988 in the amount of $I,096.10 to pay for Plaza 54 fees; and WHEREAS, based on the credits and charges as outlined above, O Development Corp. is due a remaining balance of $48,934.70; and I Resolution No. 91-85 WHEREAS, based on previous agreements between the City and Qantas Development Corp., these reimbursements would be made as, if, and when funds are available in the Copeland Creek Drainage Facility Fund; and WHEREAS, the City Manager has conducted on accounting of the Copeland Creek Drainage Facility Fund with reference to Qantas Development Corp. and has verified the $48,934.70 payment due Qantas Development Corp. and has also verified that funds are available in the Copeland Creek Drainage Facility Fund account. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Rnhnart Park that it does hereby authorize and approve reimbursement to Qantas Development Corp. or its assignee in the amount Of $48,934.70 from the Copeland Creek Drainage Facility Fund for improvements installed as part of the improvement program along the Copeland Creek Drainage Facility Plan. DULY AND REGULARLY ADOPTED this 23rd day of April, 1991. CITY OF R0HNERT PARK � Mayor , k, 11 —E' OLL_GS'ORT'L�E HOpKNSAY—E R[]LLy L�E �S,� AYES: 14) NOES: �� ABSENT -1 ABSTA IN � —0) I