HomeMy WebLinkAboutMINUTES - 03281995 - 1.56 s -! Contra
TO: REDEVELOPMENT AGENCY Costa
FROM: Phil Batchelor r �a�J
County
Executive Director
DATE: March 28, 1995
SUBJECT: Oakley Redevelopment Area-Participate in funding a Traffic Signal at State Route 4 and Malicoat
Avenue
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Deputy Director - Redevelopment to sign a contract between the
Redevelopment Agency and Contra Costa County for partial funding of a traffic signal at the intersection
of State Route 4 and Malicoat Avenue.
FISCAL RvIPACT
No General Fund monies are involved. The Agency's adopted budget for FY1994-95 for the Oakley
Redevelopment Project Area contemplates that $50,000 will be allocated towards the project.
BACKGROUND/REASONS FOR RECOMMENDATIONS
Subdivision 7689 was approved by the Board of Supervisors on January 24, 1995. As part of the
Conditions of Approval associated with Sub 7689, it was determined that the applicant, the
Redevelopment Agency,the County, through its Area of Benefit (AOB) program, would share..the cost
of installing a new traffic signal at the intersection of Malicoat Avenue and State Route 4. The applicant
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
_RECOMMENDATION OF EXECUTIVE DIRECTOR COMME ATION OF NCY
COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF AGENCY ON March 2 8 , 19 9 5 APPROVED AS RECOMMENDED x OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
x UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy
646-4076 ATTESTED March 28 , 1995
cc: Art Beresford: 646-2091 PHIL BATCHELOR, AGENCY SECRETARY
Bellecci and Associates
County AdministratorCL
CBM et al BY014a ,DEPUTY
Public Works -Mitch Avalon
OMAC Members
2
agreed to pay for 50%of the costs and the AOB program and the Redevelopment Agency would contribute 25% each
of the costs towards the new traffic signal. As the total estimated cost for this signal is $200,000, the Redevelopment
Agency can expect to pay $50,000 to locate the signal at Malicoat Avenue and State Route 4.
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