HomeMy WebLinkAboutResolutions 87-274 N.C.S. 09/14/1987.>-
resolution No. g~-~~4 N.C.s.
of the City of Petaluma, California
AUTHORIZING PAYMENT OF MAJOR TRAFFIC
FACILITIES FOR SYCAMORE HEIGHTS SUBDIVISION
WHEREAS, the Sycamore Heights Subdivision was required, per Resolution
87-109 approving the Tentative Map for the project, to contribute funding
for major traffic facilities improvements; and
WHEREAS on September 8, 1987, the City Council heard a report and
recommendation from the City staff on this matter which recommended a fee
of $150.00 per estimated trip end generated by the development at buildout;
and
WHEREAS, the City Council accepted said recommendation with certain
stipulations as outlined in this Resolution;
NOW, THEREFORE BE IT RESOLVED that the project sponsor shall execute
a binding agreement which shall stipulate that upon close of escrow of each
residential dwelling unit in Sycamore Heights, developer shall pay $150.00
to the City per daily trip end estimated to be generated by said unit.
Each unit is estimated to generate 10.0 trip ends per day.
BE IT FURTHER RESOLVED that if the City establishes a Major Facilities
Traffic Mitigation Fee prior to close of escrow of any unit(s), the fee for
said unit(s) and all subsequent units in Sycamore Heights thereafter be
either $150.00 per trip end or the Major Facilities Traffic Mitigation Fee,
whichever is less on a per unit basis.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE:. I hereby certify the foregoing Resolution was introduced and adopted by the Ap oved as to
Council of the City of Petaluma at a (Regular) (Adjourned) (~~~~meeting form
on the ..----14th....-..... day of .............S.elal=embex......................-, 19..$.7., by the
following vote: •--- -• -- --•--•-------• ..................
reso.sycamore. heights /reso8 ,~ty Attorney
AYES: Sobel, Balshaw, Cavanagh, Davis, Tencer, Mayor Hilligoss
NOES: 0 i i %
i %.
~~
ABSENT:~~ABSTA e Mayor Woolsey ~ ~/_
ATTEST: .-.-.-..-- -•-• .. ...................•
City Clerk Mayor
(7ouncil File......
CA 10-85 Res. No.....87..-.2.].~j,....... N.C.S.