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HomeMy WebLinkAboutResolution 91-264 08/19/1991~~S®IUtl0~1 No. 91-264 N.C.S. of the City of Petaluma, California RESOLUTION OF INTENT TO CREDIT PORTIONS OF FUTURE TRAFFIC EVIPACT MITIGATION FEES FOR THE PLAZA NORTH SHOPPING CENTER, MC DOWELL BOULEVARD NORTH WHEREAS, the owners of the Plaza North Shopping Center agree to participate in funding the traffic signal on McDowell Boulevard North at the Petaluma Community Center; and, WHEREAS, the traffic signal would be beneficial to the orderly flow of traffic on McDowell Boulevard North; and, NOW, BE IT RESOLVED by the City Council of the City of Petaluma, that the owners of the Plaza North Shopping Center receive credit toward future Traffic Impact Mitigation Fees in equal proportion to their contribution to the traffic signal installation at McDowell Boulevard North at Petaluma Cammunity Center; and, BE IT FURTHER RESOLVED, that the City Manager is hereby authorized to execute this Agreement, subject to the review and approval of all contract documents by the City Attorney. agtcr 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 Approved as to Council of the City of Petaluma at a (Regular) (Ad+jliiXtdih~31~Xmeeting ~fo on the ---•---..-1.9th...... day of ......................A11g'.uSt....................., 19......9~by the j! following vote: Cli y rney AYES: Read, Cavanagh, Nelson, Vice Mayor Woolsey, Mayor Hilligoss NOES: None ABSENT: Dav~ , obel ATTEST : .................... ............... ....--•----...-- -.....:...................---•- City Clerk (,buncil File..._ .............._..---.......... cn io-ss Rcs. wo..._......9.1.-264... N.cs.