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392 <br />SEconded by Councilman Henderson and carried on roll call vote, Councilman Petersen <br />and Mayor Herkner being noted absent. <br />Councilman Henderson moved to adopt ORDINANCE NO. 1130.66 ADDING SECTION 60.3.15 TO <br />ORDINANCE NO. 1130, THE REDWOOD CITY ZONING ORDINANCE, REZONING PROPERTY BOUNDED BY <br />BROADWAY, WOODSIDE EXPRESSWAY, BAY ROAD, AND THE SOUTHERN PACIFIC RAILROAD SPUR, _ <br />seconded by Councilman Granger and carried on roll call vote, Councilman Petersen <br />and Mayor Herkner being noted absent. <br />Councilman Rosselli moved to adopt RESOLUTION NO. 5221 APPROVING AND AUTHORIZING EXECU- <br />TION OF LEASE AGREEMENT CONCERNING BELMONT SLOUGH, seconded by Councilman Keckley. <br />Staff report stated agreement provides for payment of 5¢ per cubic yard royalty to <br />the State for the removal of approximately 80,000 cu. yds. of material from Bel- <br />mont Slough, City also being required to furnish a bond in the amount of $25,000. <br />On question, Councilman Henderson questioned source of funds for purchase of bond. <br />City Attorney advised fee would probably not exceed $250 and would be purchased <br />from District funds, lease expiring in one year. He stated the beginning and ending <br />dales of the year would be governed by the date of signing the agreement. The <br />bond can be relinquished if the lease is concluded sooner, and renegotiated if <br />necessary to carry over longer. <br />Councilman Henderson questib.ied purpose of bond, and any special circumstances <br />imposed, and was advised by City Attorney it was to insure compliance with pro- <br />visions set out in agreement, most of which were normal type of provisions, some <br />not even applicable to this situation. City Attorney also advised little chance <br />of breach of agreement as contract covers taking out of material only, no breach <br />of agreement as contract covers taking out of material only, no breach possible <br />if none taken out. Motion carried on roll call vote, Councilman Petersen and <br />Mayor Herkner being noted absent. <br />Woodside Expressway Overpass (Stambaugh Street) City Manager reviewed his report, <br />previously submitted to Council, concerning background for proposal of overpass <br />situated at Stambaugh Street. He further reported final plans have now been completed <br />as authorized by Council and being reviewed by engineering Staff. He reported little <br />or no difficulty was anticipated in securing approval of the State following a review <br />of preliminary plans. City Manager also advised Staff estimate of cost at approxi- <br />mately $72,000 has now been superseded by cost estimate of $121,800 as submitted <br />by DeLeuw, Cather & Company, designers of proposed overpass, - difference of cost <br />estimates frot�6riginal by Staff were without benefit of any detailed engineering <br />data, and also due to fact State has advised necessary rights of way must be pur- <br />chased from them on same basis as property required to be purchased from individuals. <br />In summary, he asked for Council guidance before proceeding further, particularly — <br />since State has not confirmed the use of gas tax funds, although he was still con- <br />vinced use of 186 funds would be approved. Auditor -Accountant advised if gas tax <br />funds not allowed, it would be almost mandatory to hold project over until next <br />year to see what balances left in sales tax funds as further appropriations were <br />necessary for completion of Multi -Purpose Building. <br />