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HomeMy WebLinkAbout012-96RESOLUTION NO. 12-96 APPROVING THE REIMBURSEMENT AGREEMENT AND CREATION OF THE LAWRENCE ROAD BENEFIT DISTRICT WHEREAS, the Town of Danville approved the Lawrence/Leema Road Specific Plan that has established development and offsite improvement requirements to mitigate development impacts in the Lawrence Road Area; and WHEREAS, mitigation of the development impacts are satisfied in part by the installation of offsite improvements in the Lawrence Road Area; and WHEREAS, Tassajara Investors Inc., (Applicant) has submitted an application and proposed reimbursement agreement for the formation of a benefit area within the Town of Danville and Contra Costa County; and WHEREAS, the application and reimbursement agreement have been found to conform with the Town Ordinance No 76-85 and Chapter XIV of the Danville Municipal Code; and WHEREAS, all affected property owners in the Benefit Area have been notified in writing; and WHEREAS, a duly noticed Public Hearing for the formation of the Lawrence Road Benefit District has been conducted as required by law at the February 6, 1996 Regular Council Meeting; now, therefore, be it RESOLVED, the Town Council hereby finds that: . The improvement for which reimbursement is sought is a public improvement which will, upon completion, be accepted by the Town; . The improvement is not located within the boundaries of the proposed development; . The public improvement has the capacity and capability of serving and is designed to serve additional properties not within the proposed development due to the supplemental size, capacity, number or length of the improvement; Page 1 of Resolution No. 12-96 4. The proposed benefit district represents a geographical area of property which will benefit directly and substantially by the public improvement; 5. The method of determining contribution and the amount of contribution is fair and reasonable to both the financing party and the benefited property owner and fairly distributes the charge among all subject parcels in proportion to the estimated benefit each will receive from the proposed improvement; and, be it FURTHER RESOLVED, that the Mayor be, and hereby is authorized to execute, on behalf of the Town, the Lawrence Road Benefit District Reimbursement Agreement by and between the Town and Tassajara Investors, Inc.; and, be it FURTHER RESOLVED, that those properties located within the Lawrence Road Benefit District area and shown on Lawrence Road Benefit District Map included in Exhibit 1 are hereby declared to be "Benefited Properties" as defined by Ordinance 76-85, and shall be required to pay the reimbursement payment in the amount and in the manner set forth in the Lawrence Road Benefit District Reimbursement Agreement. APPROVED by the Danville Town Council at a Regular Meeting on February 20, 1996, by the following vote: AYES: NOES: ABSTAINED: ABSENT: Greenberg, Shimansky, Arnerich, Doyle, Waldo None None None ~~.e-<..v~"" ..c-~ MAYOR APPROVED AS TO FORM: r;l L).... ':) _.,~. ~~ I~ C'L.,)"~,,\, ATTEST: CITY ATTORNEY CITY CLERK Page 2 of Resolution No. 12-96