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Res 86-082i~SOLUTIC~NO. 86-082 A ~OLUTIC~ OF THE CITY COUNCIL APPROVING THE ~ ~r.~OCATI(~ AGRRF~'T BSTWRFN PA~2IFIC SCRNE, INC., AND THE CITY OF POWAY, FOR THE CONSTI~3CTICN OF A TRAFFIC SIGNAL AND t~CII~ING RESOLUTI(I~ NO. 85-024 WHEREAS, Pacific Scene, Inc. desires to have the City of Poway approve the allocation of fees paid on TPM 16711, Pc~erado Plaza, and WHEREAS, the ins~]]ation of the traffic sigDa] will provide better access to the Pc~nerado Plaza develo~m~_nt, and WHEREAS, after the installation of the traffic sigDal at Oak Knoll Road and Poway Road, that the develcger be required to reconstruct that portion of the me~___~an on the ~tern bounaary to its original configuration. WHEREAS, Resolution No. 85-024 incorrectly stated that the previously paid bridge and thoroughfare fee was $68,996. NOW, THEREFORE BE IT RESOLVED, as follows: 1. The City Council agrees to reimburse to Pacific Scene, Inc., at the end of construction: A. The previously paid fee of $3,700 for the developer's sh~re of the traffic sigma] costs at Po~y Road and Oak Knoll Road. B. The previously paid bridge and thoroughfare fee of $65,296. 2. Resolution No. 85-024 is hereby rescinded. PASSRD, ADO~ ASD APPROVED, by the City Council of the city of Poway, California, at a regular -m~cting thereof this 5bt day of August, 1986. -- Carl R. Kruse, Mayor M~rjor!e ~. Wahlsten, City Clerk