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HomeMy WebLinkAboutResolutions - No. 86-43RESOLUTION NO. 86-43 RESOLUTION CALLING FOR REIMBURSEMENT TO THE CITY OF LORI FOR CONSTRUCTION OF STREET AMID ELJECTRIC IlMPROVIIENTS IN CENTURY BOULEVARD 171 FEET EAST OF MILLS AVENUE WEST OF SORREL DRIVE WHEREAS, the City of Lodi is installing street and electrical improvements in Century Boulevard fronting the undeveloped portion of the Whispering Oaks Subdivision; and WHEREAS, said improvements are the responsibility of the developer of said subdivision; and WHEREAS, the City of Lodi is installing said improvements prior to development in order to provide for safe and orderly traffic access to the Whispering Oaks and the Meadows developments; and WHEREAS, the location of said improvements is shown on Exhibit "A" attached hereto and by this reference made a part hereof. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi that the actual cost of said improvements plus 3% (three percent) of the actual cost of the street improvements be collected as an additional development fee with the development of Whispering Oaks Unit No. 2 or any other development in its place. FURTHER BE IT RESOLVED that if said development takes place in phases, the Public works Director of the City of Lodi shall pro -rate said development fee as appropriate. Dated: March 19, 1986 I hereby certify that Resolution No. 86-43 was passed and adopted by the City Council of the City of Lodi in a Regular Meeting held March 19, 1986 by the following vote: Ayes: Council Members - Olson, Pinkerton, Reid, Snider, and Hirschman (Mayor) Noes: Council Members - None Absent: Council Members - None Abstain: Council Members - None �* *Wt ALICE M. REIMCHE City Clerk 86-43