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HomeMy WebLinkAbout2001-04-26 - MINUTES - ADJOURNED MTG (2)CITY OF SANTA CLARITA CITY COUNCIL NIINUTES OF ADJOURNED MEETING 4:00 P.M. APRIL 26, 2001 CALL TO ORDER Mayor Weste called to order the a4journed meeting of the City Council at 4:09 p.m. in the Council Chamber. ROLL CALL All Councilmembers were present. FLAG SALUTE Councilmember Kellar led the flag salute. COUNCILMEMBER COMMENTS There were none. COM[ IITTEE REPORTS There were none. PUBLIC PARTICIPATION There was none. STAFF COMMS There were none. ITEM 1 GOLDEN VALLEY ROAD FUNDING, CONSTRUCTION, AND ACQUISITION AGREEMENT AMENDMENT In report, Steve Stark, Director of Administrative Services, advised that currently, the Phase I portion of Golden Valley Road is 85% complete and is expected to be finished toward the end of May 2001. Phase II and III are the next critical links that will extend Golden Valley Road north to Soledad Canyon Road. Originally, Phases II and III were to be funded, using public financing, by establishing a, community facilities district and issuing Mello Roos bonds. George Caravalho, City Manager, advised of the status of meetings with the owner of the subject property and distributed a letter dated April 26, 2001 proposing changes to the amended and restated Funding, Construction, and Acquisition Agreement that was presented at the April 24 Council meeting. Further material was distributed �^ documenting negotiations between August 1, 1999 through March 6, 2001. Addressing the Council on this item was Larry Rasmussen, owner of Santa Clarita Business Park, who also submitted material. RECESS AND RECONVENE Mayor Weste called a recess at 5:15 p.m. and reconvened the meeting at 5:50 p.m. Councilmember Smyth was absent. Mr. Caravalho distributed a revised letter dated April 26, 2001 showing a total of $4.383 in Bridge and Thoroughfare fees to be paid as itemized in the letter, which has been signed by both parties. Mr. Stark indicated the Restated Funding, Construction, and Acquisition Agreement would be amended accordingly and would be scheduled as a public hearing for the June 12, 2001 meeting when proceedings would be conducted to amend the Community Facilities District. Motion by Ferry, second by Sellar, acting on behalf of the City, and as the legislative body of CFD No. 99.1, adopt a resolution approving an amended and restated Funding, Construction, and Acquisition Agreement, in connection with Golden Valley Road, and approving the purchase of a 12 -acre parcel referenced therein. Acting as the legislative body of CFD No. 99-1, adopt a resolution considering certain changes and modifications to CFD No. 99-1, and calling a public hearing thereon. On roll call vote: Ayes: Darcy, Sellar, Ferry, Weste Noes: None Absent: Smyth Motion carried. ADJOURNMENT Mayor Weste adjourned the meeting at 5:58 p.m. WA WON PRI WE ATTEST: Pa