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Res 85-024RESOLUTION NO. 85-024 A RESOLb~ION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA, APPROVING THE FEE ~LTC~ATION AGBRVA~NT BETWEEN PACIFIC SCE~, INC., AND THE CITY OF POWAY, FOR THE CONSTRUCTION OF A TRAFFIC SIGNAL AT THE INTERSECTION OF POWAY AND OAK KNOLL ROADS WHEREAS, Pacific Scene, Inc. desires to have the City of Poway approve the allocation of fees paid on TPM 16711, Pcmerado Plaza, and WHEREAS, the installation of the traffic signal will provide better access to the pcmerado Plaza development, and WHEREAS, the City Council agrees to reimburse to Pacific Scene, Inc., at the end of construction: 1. The previously paid fee of $3,700 for the developer's share of the traffic signal costs at Poway Road and Oak Knoll Road. 2. The previously paid bridge and thoroughfare fee of $68,996. WHEREAS, after the installation of the traffic signal at Oak Knoll Road and Pow-ay Road, that the developer be required to reconstruct that portion of the n~ian on the eastern boun~ry to its original configuration. PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular n~cting thereof this 23rd day of April, 1985. MarjorSelK. Wahlsten, City Clerk