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HomeMy WebLinkAboutTM 30314 College Business Park Credit Traffic Signal Mitigation Fees �' � ?4 �..../ . �' . CITY OF PALM DESERT , PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Credit of Traffic Signal Mitigation Fees for Parcel Map 30314, College Business Park DATE: December 13, 2001 Recommendation: By minute motion, approve the request for reimbursement of 50°/a of the traffic signal construction cost at the intersection of Gerald Ford Drive and the main driveway for PM 30314/Cal State Driveway. Background: Parcel Map 30314 is located on the north side of Gerald Ford Drive east of Cook Street, across from the California State University San Bernardino - Palm Desert Campus site. In keeping with the Master Plan for the university site, a traffic signal is planned for the university driveway and project main driveway which will be opposite from each other. During the approval process for Parcel Map 30314 the Public Works Department placed a condition of approval on the project requiring the project proponents to construct the traffic signal at their cost, with provision for potential credit for signalization fees, subject to City Council approval. The cost for construction of a traffic signal is estimated at $150,000.00. Since that time, we have met with the project proponents and they have agreed to construct the traffic signal, but they have requested that the City reimburse them for 50% of signal construction costs, since this signal will be shared by the neighboring development to the east as well as the university. Reimbursement would occur when the project to the east(PM 30342) pays their signalization fees. Since the traffic signal will be shared by several projects, reimbursement of 50%of signal construction costs appears to be appropriate. This would result in a net traffic signal cost of approximately $75,000.00 for the project. Staff recommends that the City Council approve the request for reimbursement of 50% of the traffic signal construction cost at the intersection of Gerald Ford Drive and the main driveway for PM 30314/Cal State Driveway, upon receipt of signalization fees from PM 30342. � Staff Report � Credit of Traffic Signal Mitigation Fees for Parcel Map 30314, College Business Park December 13, 2001 Page 2 Submitted By: SEPH S. GAUGU kl, P.E. DIRECTOR OF PUBLIC WORKS/ CITY ENGINEER Approval: RI ARD J. O ERS, P.E. ASSISTANT MANAGER FOR DEVELOPMENT SERVICES CITY COUNCIL A�TION: AQPROVED.=— �T�R �tECE IVED. M�ETIN DATE �dG`�2� AYES: NOES: CARLOS L. ORTEG� ABSENT: CITY MANAGER ABSTAIN: VERIFIED BY: lerk' s Office Original on File with tY G:1PubWwkslCondifions ol ApprovallPMAPSIPM 30314 Signal Cosf Reimbursement.wpd