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
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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
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OLL_GS'ORT'L�E HOpKNSAY—E R[]LLy L�E �S,�
AYES:
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