Loading...
HomeMy WebLinkAboutReso 92-078 - Approve & Authorize the CM to execute an agreement between the OR & Sunset Plaza Partnership pertaining to the conditions of UP-62-87, amended; GPA-15-89; and RZ-16-89 r , i RESOLUTION NO. 92- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF REDDING AND SUNSET PLAZA PARTNERSHIP PERTAINING TO THE CONDITIONS OF UP-62-87, AMENDED; GPA-15-89; AND RZ-16-89. i IT IS HEREBY RESOLVED by the City Council of the City of Redding that the City of Redding enter into the above-mentioned Agreement by and between the City of Redding and the Sunset Plaza Partnership, a true copy of which is attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED that the City Manager of the City of Redding is hereby authorized and directed to sign said Amendment and all other necessary documentation in connection therewith on behalf of the City of Redding; and that the City Clerk is hereby authorized and directed to attest the signature of the City Manager 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 18th day of February, 1992, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Arness, Carter & Fulton NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: Moss i CHARLIE MOSS, Vice-Mayor City of Redding i ATT ST: FORM PROVED: Z�G�c CONNIE STROHMAYER, y Clerk RAADALL A. HAYS, City Attorney x, �i t 66 A G R E E M E N T ! THIS AGREEMENT is made and entered into by and between SUNSET PLAZA PARTNERSHIP, hereinafter referred to as "Sunset, " and the CITY OF REDDING, a Municipal Corporation, hereinafter referred to as "City" ; W I T N E S S E T H: WHEREAS, Sunset applied for a general plan amendment and zone change relative to property located on the southeast corner !I of Eureka Way and Buenaventura Boulevard in the City; and WHEREAS, City granted UP-62-87, amended; GPA-15-89; and RZ-16-89 based upon Sunset meeting various conditions; and WHEREAS, Sunset and City wish to implement those conditions; i NOW, THEREFORE, Sunset and City agree as follows: 1. Sunset shall pay to City the amount of $32, 500 . 00 as a — 1 signalization fee associated with the shopping center development. Said fee may be paid by Sunset in two installments, but in no event shall payment in full be made any later than 365 calendar days from the date of execution of this Agreement by City. Sunset shall provide a payment bond or other security as approved by City guaranteeing payment of this fee. 2. Sunset shall pay, at the time of issuance of building permits, the following fees: a. Eight Thousand Three Hundred Seventy Dollars ( $8 , 370. 00) representing traffic impact fees associated with a fast-food restaurant presently designated as a Dairy Queen. I b. A traffic impact fee, equal to the amount in effect at the time of issuance of a building permit, for an office building in the CO Zone adjacent to Buenaventura i Boulevard. In the event this fee exceeds the amount established in item 10 of the CO-B40-F site-plan review criteria associated with RZ-16-89, then that condition shall be deemed satisfied. 3 . City shall not require the payment of any additional fees associated with building permits issued to make tenant improvements in existing shells of buildings associated with the 'i shopping center construction currently completed. 4. Sunset shall remove or cause to be removed within 48 hours of receiving notice any illegal signs placed or erected on the property which is the subject of UP-62-87, GPA-15-89, and RZ-16-89. IN WITNESS WHEREOF, the parties hereto have hereunto executed this Agreement on the days and year set forth below. I j SUNSET PLAZA PARTNERSHIP .I Dated: 1992 By: JAMES G. GRAVES General Partner By: RONALD G. MYGRANT ' General Partner I CITY OF REDDING Dated: 1992 By: ROBERT M. CHRISTOFFERSON City Manager ATTEST: FORM APPROVED: CONNIE STROHMAYER, City Clerk RANDALL A. HAYS, City Attorney i 2 i