HomeMy WebLinkAbout142-99RESOLUTION NO. 142-99
AUTHORIZING THE TOWN MANAGER TO EXECUTE
AN AMENDED LAWRENCE ROAD BENEFIT DISTRICT
REIMBURSEMENT AGREEMENT
WHEREAS, on February 20, 1996, the Town of Danville and Tassajara Investors, Inc.,
entered into the Lawrence Road Benefit District Reimbursement Agreement; and
WHEREAS, the Agreement was entered into pursuant to the authority provided by Chapter
14 of the Danville Municipal Code and the Lawrence/Leema Road Specific Plan; and
WHEREAS, the Agreement contemplated that Tassajara Investors would complete and
receive reimbursement for only Phase I of the Benefit District improvements; and
WHEREAS, the Town and Tassajara Investors have determined that it is in the best interests
of the residents of the District to have Tassajara Investors complete all of the improvements
in Phases I and II of the Benefit District; and
WHEREAS, in order to facilitate this, the Agreement must be amended; now, therefore, be it
RESOLVED, that the Danville Town Council approves the amended Lawrence Road
Benefit District Reimbursement Agreement in substantially the form set forth in the attached
agreement and authorizes the Town Manager to execute the amended agreement.
APPROVED by the Danville Town Council at a regular meeting on September 21, 1999, by
the following vote:
AYES: Arnerich,
NOES: None
ABSTAINED: None
ABSENT: None
Greenberg,
Doyle, Shimansky, Waldo
MAY
APPROVED AS TO FORM:
CITY ATTORNEY
ATTEST:
CITY CLERK