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HomeMy WebLinkAboutResolutions - No. 2017-32RESOLUTION NO. 2017-32 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE REIMBURSEMENT AGREEMENT RA -16-01 FOR PUBLIC IMPROVEMENTS FOR ROSE GATE UNIT NO.1, TRACT NO. 3785, AND ROSE GATE UNIT NO. 2, TRACT NO. 3813 WHEREAS, Rose Gate Unit No. 1 and Unit No. 2 subdivisions are located north of Lodi Avenue, west of Lower Sacramento Road, and south of the Woodbridge Irrigation District Canal; and WHEREAS, FCB Homes constructed certain public street improvements which serve the Rose Gate Development and other neighboring properties south of Lodi Avenue; and WHEREAS, FCB Homes has requested a Reimbursement Agreement and establishment of an area of benefit in conformance with Chapter 17.62 of the Lodi Municipal Code (LMC) for those off-site improvements that benefit the neighboring properties; and WHEREAS, in conformance with LMC Chapter 17.62, staff recommends that Council establish an area of benefit and reimbursable costs to recover the cost of public improvements benefiting the neighboring parcels; and WHEREAS, pursuant to LMC Section 17.62.050.A.3, the reimbursable amount shall be recalculated annually to include an amount attributable to interest, using the Engineering News Record 20 Cities Construction Cost Index. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute Reimbursement Agreement RA -16-01 for public improvements for Rose Gate Unit No.1, Tract No. 3785, and Rose Gate Unit No. 2, Tract No. 3813. Dated: March 1, 2017 I hereby certify that Resolution No. 2017-32 was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 1, 2017 by the following vote: AYES: COUNCIL MEMBERS — Chandler, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Johnson ABSTAIN: COUNCIL MEMBERS — None Irl• J FNNIFER . FERRAIOLO City Clerk 2017-32