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HomeMy WebLinkAboutResolutions - No. 96-167RESOLUTION NO. 96-167 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LODI APPROVING THE AGREEMENT FOR PURCHASE OF NEIGHBORHOOD PARK SITE IN BRIDGETOWNE, UNIT NO. 1 ------------------------------------------------------------------ ------------------------------------------------------------------ WHEREAS, the City of Lodi Park, Recreation and Open Space Master Plan includes a future neighborhood park (Identified as Woodbridge Park in the Master Plan) within the boundaries of the Bridgetowne development; and WHEREAS, in conformance with the Master Plan, staff has negotiated an agreement for acquisition of the park site with the developers of the Bridgetowne project; and WHEREAS, the Agreement addresses reimbursement for the park site, installation of off- site street improvements fronting the park site, and installation of specified on-site improvements within the park as shown in Exhibit 1 attached hereto; and WHEREAS, staff recommends approval of the Agreement for the purchase of a neighborhood park site in Bridgetowne, Unit No. 1, and further recommends transfer/allocation of funds from the Parks and Recreation Development Impact Mitigation Fee Fund in accordance with the terms of the Agreement; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi hereby approves the Agreement for the purchase of a neighborhood park site in Bridgetowne, Unit No. 1, and directs the City Manager and City Clerk to execute said Agreement on behalf of the City; and BE IT FURTHER RESOLVED by the City Council that funds be transferred/allocated from the Parks and Recreation Development Impact Mitigation Fee Fund in accordance with the Agreement. Dated: November 6, 1996 I hereby certify that Resolution No. 96-167 was passed and adopted by the City Council of the City of Lodi in a regular meeting held November 6, 1996 by the following vote: AYES: Council Members - Davenport, Mann, Pennino, Sieglock and Warner (Mayor) NOES: Council Members - None ABSENT: Council Members - None ABSTAIN: Council Members - None J NN, ER M. PE IN ity CIS rk 96-167