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HomeMy WebLinkAboutResolution 98-068 05/04/1998 RESOLUTION NO. 98.6$ N.C.S. 1 Of the City of Petaluma, California 2 3 AUTHORIZING THE EXPENDITURE OF $139,004 4 FROM TRAFFIC IMPACT MITIGATION FEES 5 FOR THE INSTALLATION OF THE TRAFFIC SIGNAL 6 AT PETALUMA BLVD. S. AT MCNEAR AVENUE 7 8 WHEREAS, the City Council has required the Developers of the McNear Hill Subdivision to 9 mitigate traffic impacts; and, 10 11 WHEREAS, the City Council has required the developers of the McNear Subdivision to install a 12 traffic signal at the intersection of Petaluma Blvd. So. at McNear Avenue; and, 13 14 WHEREAS, these improvements are identified in the adopted Capital Improvement Program; 15 and, 16 17 WHEREAS, the developers have completed all work to the satisfaction of the Director of 18 Engineering; 19 20 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma that the 21 project is hereby accepted. 22 23 BE IT FURTHER RESOLVED that the Finance Director is hereby authorized to reimburse the 24 Developers of the McNear Hill Subdivision $139,004 from Traffic Impact Mitigation Fee 25 accounts which represents the City's portion of project costs. 26 27 mcnear/sb/a~~l~l/ea~wer ead authority conferred upon flue Council by the Charter ot. eaid City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) pvegcmrara~)lq~pxtdffi) meeting ~ ~_t/~~'~ on the .....4th day of ..........M.~Y•..:........---•---....................., 19..x.$.. by the-YC~ (f.~~..~) following vote: City Attorney AYES: Keller, Torliatt, Hamilton, Read, Vice Mayor Maguire, Mayor Hilligoss NOES: None ABSENT: Stompe ATTEST : City Clerk Mayor cblmrit Fita..____._._........._ CA 1085 Res. No......CJ..8.-6.8......:.... N.C.S.