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HomeMy WebLinkAboutReso 93-429 - Approve & Authorize the mayor to execute amendment NO. 4 to annexation & Development Agreement between the COR & Harrel & Louise Davis, Developers RESOLUTION NO. 9 3- 41 2a( A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE AMENDMENT NO. 4 TO ANNEXATION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF REDDING AND HARREL DAVIS AND LOUISE DAVIS, DEVELOPERS. IT IS HEREBY RESOLVED by the City Council of the City of Redding that the City of Redding enter into Amendment No. 4 to Annexation and Development Agreement by and between the City of Redding and Harrel Davis and Louise Davis, Developers, a copy of which Amendment is attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED that the Mayor of the City of Redding is hereby authorized and directed to sign said Amendment No. 4 on behalf of the City of Redding; and that the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 21st day of December, 1993, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Kehoe, 1:bss and Arness NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None - d t'Z�` i CARL ARNESS, Mayor City of Redding ATTEST: FORM PROVED: CONNIE STRO4MAYER, City tlerk RANDALL A. HAYS, City Attorney AMENDMENT NO. 4 TO ANNEXATION AND DEVELOPMENT AGREE14MT THIS AMENDMENT NO. 4 TO ANNEXATION AND DEVELOPMENT AGREEMENT, effective December 21, 1993 , is made and entered into by and between the CITY OF REDDING, a Municipal Corporation and General Law City, hereinafter called "City, " and HARREL DAVIS and LOUISE DAVIS of Post Office Box 686, Redding, California 96099 , hereinafter called "Developers" : W I T N E S S E T H: WHEREAS, City and Developers entered into an Annexation and Development Agreement dated December 4, 1990, which has subse- quently been amended by First Amendment effective September 17, 1991; Second Amendment effective March 17, 1992 ; and Third Amendment effective July 7, 1992; and WHEREAS, the City and Developers wish to further amend the Annexation and Development Agreement, as amended, pursuant to the terms and conditions of this Amendment No. 4; NOW, THEREFORE, it is hereby agreed by and between the parties hereto as follows: A. That paragraph 5 of said Agreement be deleted. B. That paragraph 6 of said Agreement, as amended, be deleted, and a new paragraph 6 added as follows: 6. Developers shall contribute $250,000 to be used for the paralleling of the Eastside interceptor, which is located in Churn Creek, as depicted on Exhibit C. This $250,000, along with funds from the 1989 wastewater bond funds, will be used to parallel the Eastside interceptor to provide adequate capacity. The $250,000 shall be paid upon connection to the City' s Salt Creek sewer trunk. C. That paragraph 7 of said Agreement be deleted, and a new paragraph 7 added as follows: 7. As each housing unit is connected to the sewer system within the development, a wastewater connection fee shall be paid to the City consisting of both the current system improvement fee and the current plant-expansion fee in place at the time of connection. The current system improvement fee is $950 per household equivalent, and the current plant-expansion fee is $1,100 per household equivalent effective January 1, 1994. D. That all other terms and conditions of the Annexation and Development Agreement, as amended, shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have set their hands on the days and year set forth below. CITY OFING Dated December 1993 By: 10"/ _ 7 CARL ARNESS, Mayor Dated December 1993 HARREL DAVIS, Developer Dated December 1993 LOUISE DAVIS, Developer ATTEST: FORM APPROVED: CONNIE STROHMAYER, City Clerk RANDALL A. HAYS, City Attorney 2