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CC Resolution 8916 RESOLUTION NO. 8916 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING A COST SHARING AGREEMENT WITH PRUNEYARD ASSOCIATES, L.P. FOR THE CONSTRUCTION OF TRAFFIC SIGNAL AND INTERSECTION MODIFICATIONS - CAMPBELL AVENUE AT UNION AVENUE AND BASCOM A VENUE AT THE PRUNEY ARD NORTHERN DRIVEWAY WHEREAS, on February 7, 1995 the City Council of the City of Campbell approved S 94-08 /UP 94-19 for site and use modifications to the Pruneyard; and WHEREAS, conditions placed on this approval require the applicant to design and construct street improvements along the Campbell Avenue and Bascom Avenue frontages of the Pruneyard, contribute $25,000 toward construction of signal and intersection modifications at the Campbell Avenue/Union A venue intersection, and design signal modifications and intersection improvements at the Bascom Avenue/Northern Pruneyard driveway; and WHEREAS, the most economical and efficient means to construct the signal modifications and intersection improvements is to combine these improvements with the street improvements required by the City for S 94-08/UP 94-19; and WHEREAS, a cost sharing agreement and budget adjustment have been prepared for design and construction of these improvements; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell, California, as follows: The City hereby approves the Cost Sharing Agreement with Pruneyard Associates, L. P ., and budget adjustment in the amount of $105,000 for design and construction of traffic signal and intersection modifications - Campbell Avenue at Union Avenue and Bascom Avenue at the Pruneyard Northern driveway. PASSED AND ADOPTED this 2nd day of January, 1996, by the following roll call vote: AYES: Councilmembers: Burr, Conant, Watson, Dougherty NOES: Councilmembers: None ABSENT: Councilmembers: None APPROVED: AT~T: ~~ Anne Bybee, City Clerk C:ZTY OP CAMP:BII:%.L REQtJEST JrOR BtJDGB~ ADJtJS!L'HKH'rs DEPARTMENT/PROGJWI DIVISION DAD PUBLIC WORKS ENGINEERING 1/2/96 B'tI~~ TRANSPBR. TO BE R:E!:DU~'D: FUND ACCOUNT NDHBER DlSCRIP.l'IOH 204 . UNAPPROPRIATED GAS TAX FUND BALANCE 204.3799 TO BE ZNc::::R.EASED : FUND ACCOUNT NUMBER ~L/-....?"5 ~9621.7130 ..A:Of" t~:;: ~.9621. 7883 DlSCRIP1'ION PROJECT OVERHEAD COST IMPROVEMENTS OTHER THAN BUILDING (Autoscope and Controller Cabinet) a_son ~or a.qu..'t. (Be Spec~~c) I UQUEST HO. 84 1:,. "I,.-I/ZI AMOUNT $ 105,000 Ji{ 17(, S- 3(:) , AMOON'!' $ 12,000 $ 93,000 Per City Council Resolution adopted 1/2/96 regarding Cost Sharing Agreement between City of Campbell and pruneyard Associates for construction of signal and inter- section modifications at Campbell Avenue/Union Avenue and Bascom Avenue at the northern pruneyard driveway. REV 2/90 DNAGER