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HomeMy WebLinkAbout133-05 RESOLUTION NO. 133-2005 APPROPRIATING $151,000 FROM THE LAWRENCE ROAD BENEFIT DISTRICT FOR THE MEADOW LAKE DRIVE SEWER AND WATER MAIN REIMBURSEMENT WHEREAS, on February 20, 1996, the Town of Danville created the Lawrence Road Benefit District (District) to facilitate the construction of needed public infrastructure in the LawrencejLeema Road Specific Plan area; and WHEREAS, the District was formed pursuant to the authority provided by Chapter 14 of the Danville Municipal Code and the LawrencejLeema Road Specific Plan; and WHEREAS, on June 7, 2005, the Town Council approved the reimbursement agreement (Resolution 58-2005) with Karlskind Development; and WHEREAS, Karlskind Development has agreed to construct sewer and water main improvements in Meadow Lake Drive as provided by the District and the Specific Plan; and WHEREAS, the District has sufficient funds reserved to reimburse Karlskind for the Meadow Lake Drive improvements; and WHEREAS, the Town Council finds that the proposed improvements are complete and have been accepted by the respective utility jurisdictions; now, therefore, be it RESOLVED, that the Town Council of the Town of Danville hereby appropriates $151,000 from the Lawrence Road Benefit District Fund for reimbursement to Karlskind Development. APPROVED by the Danville Town Council at a regular meeting on November I, 2005, by the following vote: AYES: Doyle, Stepper, Andersen, Arnerich, Shimansky NOES: None ABSTAINED: None ABSENT: None MAYOR APPROVED AS TO FORM: 02w-8.'A- CITY ATTORNEY CITY CLERK