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HomeMy WebLinkAbout166-91RESOLUTION NO. 166-91 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE APPROVING THE APPROPRIATION OF ADDITIONAL FUNDS FOR THE ALAMO SPRINGS DEVELOPMENT REVIEW BUDGET WHEREAS, Town Council Resolution No. 98-89 provided for the Memorandum of Understanding (MOU) entered into between the Town of Danville and Contra Costa County establishing a mechanism for a joint development review process of the 155 +/- acre Alamo Springs residential proposal (30+/- acres in the Town limits); and WHEREAS, the MOU established a budget estimate for the review of the project ($200,000) and indicated that if costs of project review exceeded the budget estimate that the developer would contribute the additional funds necessary to allow full review of the development proposal; and WHEREAS, the project manager for the Alamo Springs project has estimated that an additional $45,150 will be necessary to allow continuation of the development review process for the project; and WHEREAS, Mr. Robert Hunt, representing New West Federal Savings and Loan Association/American Real Estate Group (property owners) has submitted the $45,150 necessary to cover the requested appropriation; now, therefore be it RESOLVED, that the Town Council of the Town of Danville hereby appropriates an additional $45,150 to the Alamo Springs Development Review fund (Account No.006-650). APPROVED by the Danville Town Council at a regular meeting on September 3, 1991, by the following vote: AYES: Greenberg, Lane, NOES: None ABSTAIN: None ABSENT: Schlendorf Ritchey, Shimansky MAYOR ATTORNEY kkgasr.s03 ATTEST: CITY CLERK PAGE NO.1 RESOLUTION NO. 166-91