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HomeMy WebLinkAboutResolutions - No. 2019-65RESOLUTION NO. 2019-65 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE REIMBURSEMENT AGREEMENT RA -18-01 FOR PUBLIC IMPROVEMENTS CONSTRUCTED WITH LODI SHOPPING CENTER WHEREAS, Browman Development Company (BDC), the developer of Lodi Shopping Center, located at the southwest corner of Kettleman Lane and Lower Sacramento Road, entered into an Improvement Agreement with the City, dated July 28, 2015; and WHEREAS, as required under the conditions of approval for the project and terms of the Improvement Agreement, BDC and by separate agreement, Elliot Homes, Inc. (collectively "Applicants") completed certain public improvements on Westgate Drive and Century Boulevard, including the installation of asphalt concrete pavement, concrete curb, gutter and sidewalk, concrete median with landscape, water, wastewater, storm drainage lines, traffic signal modifications at Kettleman Lane and Westgate Drive, wastewater trunk line relocation, storm water basin, and storm water pump station; and WHEREAS, portions of the public improvements installed by Applicants benefit properties outside the project area, which lie between Kettleman Lane and Harney Lane; and WHEREAS, Applicants request a Reimbursement Agreement in conformance with Lodi Municipal Code (LMC) Chapter 17.62, to recover the cost of the improvements benefiting the above-mentioned properties, including related costs such as land cost, engineering, inspection, and plan check fees; and WHEREAS, in conformance with LMC Chapter 17.62, staff recommends authorizing the City Manager to execute Reimbursement Agreement RA -18-01 for public improvements constructed with Lodi Shopping Center; and WHEREAS, pursuant to LMC Section 17.62.050.A3, 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 -18-01 for public improvements constructed with Lodi Shopping Center. Dated: April 17, 2019 I hereby certify that Resolution No. 2019-65 was passed and adopted by the City Council of the City of Lodi in a regular meeting held April 17, 2019 by the following vote: AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, and Nakanishi NOES: COUNCIL MEMBERS — Mayor Chandler ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None yy\ _i2A.,,_z-i NIFER M)FERRAIOLO City Clerk 2019-65