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HomeMy WebLinkAboutAGENDA REPORT 1987 0506 CC REG ITEM 11K MOORPARK ITEM // X . CLINT HARPER,Ph.D. STEVEN KUENY Mayor City Manager ELOISE BROWN CHERYL CHERYL J.KANE Mayor Pro Tern F°�`�; City Attorney THOMAS C. FERGUSON 41PATRICK RICHARDS,A.I.C.P. Councilmember 1^1' 41 � Director of JOHN GALLOWAY �r` . Community Development Councilmember � R. DENNIS DELZEIT BERNARDO PEREZ °g9rEo 1r" 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 S-4 DATE : May 6, 1987 SUBJECT : PROPOSED COOPERATIVE AGREEMENT WITH COUNTY OF VENTURA FOR TRANSFER OF STREETLIGHT ENERGY DEPOSITS The proposed Cooperative Agreement provides for the transfer of streetlight energy deposits for five (5) projects as outlined in Exhibit "A" of said Agreement. The energy deposits were paid prior to or during the first year of incorporation. The proposed transfer amount includes accrued interest. When the funds are received, they will be placed in the City-wide Lighting and Landscaping District (AD 84-2) and used to fund streetlighting. RECOMMENDED ACTION Approve Agreement and authorize Mayor to execute it on behalf of the City. MOORPARK, CALIFORNIA SK:igb City Council Meeting Attachment of ' .198 ACTION: By 799 Moorpark Avenue Moorpark, California 93021 (805) 529-6864 PUBLIC WORKS AGENCY . countyvEntura Director. Arthur E. Goulet Manager—Administrative Services Deputy Directors Paul W. Ruffin Ron Brazil) Real Property Services Al F. Knuth April 8, 1987 Transportation T. M. Morgan Engineering Services Steve Kueny, City Manager G.J. Nowak Moorpark City Hall Flood Control/Water Resources P . O. Box 701 Moorpark , CA 93021 Subject : STREETLIGHT ENERGY DEPOSITS Dear Steve: Enclosed for your review is an original and duplicate original of a Cooperative Agreement with the City of Moorpark providing for the transfer of streetlight energy deposits , with accrued interest computed on the basis of an average annual rate of 8. 8 percent. A review of our records, pursuant to your letter of February 28 , 1986 , indicates that the street lights for Tracts 3032, 3096 and 3319 were energized prior to the incorporation of the City and therefore the deposits have in all probability been expended. In addition, our records show that : A. No streetlight energy deposits were made for TR 2865 . B. Tract 3828 was cancelled by the developer. C. No streetlights were installed for either PD 980 or PM 3781 . After the agreement has been approved by the City Council , please have the Mayor execute the original and duplicate original and return both to my care . A copy is provided for your file . Upon receipt of the executed agreement, we will submit it to the Board of Supervisors for approval and return a fully executed copy to the City. Very truly yours, Ron Brazi (1.41,4.1.4° . • Deputy Directoof Public Works • - RAB:vrm Encl . cc: Paul Ruffin RECEIVED Ray Ruiz John Crowley APR1 110 800 South Victoria Avenue,Ventura,CA 93009