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HomeMy WebLinkAboutAGENDA REPORT 1988 0406 CC REG ITEM 11O MOORPARK JOHN PATRICK LANE STEVEN KUENY Mayor rs ,, City Manager ELOISE BROWN gags �°oz CHERYL J. KANE Mayor Pro Tern f��o City Attorney JOHN GALLOWAY �/ �� PATRICK RICHARDS, A.I.C.P. Councilmember z :atm..: Director of CLINT HARPER, Ph.D. ., Community Development Councilmember �9' ,o° R. DENNIS DELZEIT BERNARDO M. PEREZ `'so �` City Engineer Councilmember JOHN V. GILLESPIE MAUREEN W. WALL Chief of Police City Clerk THOMAS P. GENOVESE City Treasurer MEMORANDUM TO: The Honorable City Council FROM: Steven Kueny, City Manager YZ DATE: April 5, 1988 SUBJECT: REIMBURSEMENT TO PACIFICA Pursuant to a Reimbursement Agreement approved by the City Council on January 21, 1987, the City is to reimburse Pacifica Corporation the amount of $27,834. by March 1, 1988. This is for work Pacifica did on the Tierra Rejada Road median. A copy of page 2 of the Agreement is attached. Since the required date has already passed, I request that this matter be placed on the agenda for April 6, 1988. This matter was brought to my attention by Pacifica after posting of the agenda. The funds are available for the reimbursement. The adopted budget indicates the funds were to be held in reserve for improvement of the median including those improvements provided by Pacifica. It is necessary to specifically appropriate these funds. These funds are received from a special zone of benefit assessment on the lots in Tract 2865 for the specific purpose of improving this median. STAFF RECOMMENDATION 1. Add this matter to agenda. 2. Appropriate $27,834. from the Lighting and Landscaping Maintenance Assessment District (AD 84-2) Reserve. 3. Authorize a warrant to be issued to Pacifica for $27,834. MOORPARK, CALIFORNIA City Counci, Meeting of y c— 1985 A=TiON: (2.4l44et-d .0 .1.. l/L 4111 i . 799 Moorpark Avenue Moorpark, California 93021 By ! Lila fi (805) 529-6864 REIMBURSEMENT AGREEMENT - TRACT 2865 page 2 NOW , THEREFORE , the parties agree , as follows : 1 . City agrees to reimburse Pacifica for the cost of the construction of the median and related improvements in the amount of Twenty- Seven Thousand , Eight Hundred Thirty- Four Dollars ($27 ,834 . 00) on March 1 , 1988 , pursuant to the schedule of items and costs as illustrated in attached Exhibit "A" . At City ' s sole option, said payment may be made prior to March 1 , 1988 . 2 . Said reimbursement shall be made only from "Additional Assessments" , as part of the annual assessments for Assess- ment District No . AD- 84- 2 to the owners of lots within Tract 2865 . In the event the actual amount of said "Additional Assessments" actually collected is not sufficient to pay Pacifica the total amount to be reimbursed , the City shall pay Pacifica the actual amount collected as of March 1 , 1988 , and shall earmark all "Additional Assessments" collected for reimbursement to Pacifica until the total amount of reimbursement is paid . At City ' s sole option , City may reimburse Pacifica from other available funds . No interest or other additional costs shall be paid by the City , regardless of when the reimburse- ment is made . 3 . City further agrees to continue said "Additional Assess- ments" until Pacifica receives the total amount to be reimbursed , pursuant to the terms of this Agreement or in the event said "Additional Assessments" are discon- tinued by the City prior to complete reimbursement payment to Pacifica , the City shall, if necessary, use other appropriate City funds to reimburse Pacifica , pur- suant to the terms of this Agreement . 4 . Pacifica is not required to post any additional improvement bonds for said mediau and Leiatea construction of said median and related improvements shall not affect the status of Pacifica ' s existing improvement bonds now posted with the City for other improvements within Tract 2865 . 5 . Except as exprdssly provided herein, neither party shall assign any rights or delegate any obligations under this Agreement without the prior written consent of the other party . 6 . In the event any action, suit or proceeding is brought for the enforcement of , or the declaration of any right pursuant to this Agreement , or as a result of any alleged breach of any provision of this Agreement , the prevailing party shall be entitled to recover its costs and expenses , including reasonable attorney ' s fees , from the losing party , . J