HomeMy WebLinkAboutCouncil Resolutions 1604 RESOLUTION NO. t 6 i 4
A RESOLUTION APPROVING A SDC REIMBURSEMENT AGREEMENT— CHICORY
VILLAGE AND AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENT
Recitals:
A. Central Point Municipal Code Section 11.12.110(B) authorizes an improvement fee
credit for the cost of a qualified public improvements associated with a development.
B. ORS 223.304(5)(c) provides that local governments may provide a share of the costs for
a qualified public improvement by credit, or by other means if it so chooses.
C. The Developer for Chicory Village has agreed to construct the following qualified public
improvements: Extension and upsizing of South Haskell Street from a TOD Minor
Residential Street to a TOD Residential Collector,from its current terminus
approximately 245 feet to the south through the Chickory Village Development and
upsizing of the waterline from 8"to 12".
D. Upon completion of these qualified public improvements, Developer would be entitled
to seek a credit under Code Section 11.12.110(B)for those portions exceeding the City's
minimum standard facility size or capacity needed to serve the subdivision in the total
amount of$69,184.39 for Streets and$11,072.41 for Water.
E. In lieu of a credit against SDC fees, Developer requests and City agrees to provide a cash
reimbursement in the amounts specified in the agreement herein.The City Council finds
there are adequate SDC funds available in the respective SDC accounts to issue such
reimbursement amounts and meet all pending or planned system-wide extra-capacity
priorities, as defined by the City Council.
The City of Central Point resolves as follows:
Section 1.The City hereby approves the SDC Reimbursement Agreement—Chickory Village on
the terms and conditions set forth on the attached Exhibit "A".
Section 2. The City Manager or his designee is directed and authorized to execute the SDC
Reimbursement Agreement in the form attached hereto as Exhibit "A".
Res.No. f L D 9 ; December 12,2019 Page 1
Passed by the Council and signed by me in authentication of its passage this la 'day
of December, 2019. /
Mayor Hank Williams
ATTEST:
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City Recorder I
Res.No./6n y ; December 12, 2019 Page 2