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HomeMy WebLinkAboutAGENDA REPORT 1995 0621 CC REG ITEM 08VITEM • CITY OF MOORPARK AGENDA REPORT TO: Honorable Mayor and Members of the City Councc4councie Meo -�rg sg- FROM: Steven G. Hayes, Redevelopment Manager DATE: June 15, 1995 (Mtq. 06 /21 /95)uccx SUBJECT: Consider Calleguas Municipal Water District Capital Construction Charge Agreement for Poindexter Park DISCUSSION• The City of Moorpark is in the process of developing the Poindexter Park consisting of approximately 7.25 acres which will be located south of Poindexter Avenue, west of Chaparral School, north of Lassen (a vacated street), and east of Moorpark Estates. This Capital Construction Agreement between the Calleguas Municipal Water District and the City is subject to the future development of the site. The capital construction charges are listed in the Agreement as $32,674.80 based on the fee of $4,476 for 7.30 acres. The acreage in the Agreement is rounded up f-on 7.25 acres to the nearest tenth. The benefit to this Agreement is that the Agreement is for the future development of the park and the fees will be locked in at this amount and not future increased rates. Further, the fees will be locked in for two years. RECOMMENDATION• Staff recommends that the City Council authorize the Mayor to execute the Capital Construction Agreement for a not to exceed amount of $32,674.80 for the future construction of Poindexter Parka SGHH013- 06/08/95 -June 15, 1995 .