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DES:dj~ 12/20/95 (057/41) <br /> <br /> o R I G I N A L 1/8/96 <br /> RESOLUTION NO. 12680 <br /> <br /> RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF <br /> AGREEMENT FOR COST ALLOCATION RELATING TO CONSULTING <br /> ENGINEERING SERVICES FOR THE REDWOOD SHORES TRAFFIC <br /> IMPROVEMENTS ASSESSMENT DISTRICT <br /> <br /> (CITY OF BELMONT) <br /> <br /> WHEREAS, the City of Redwood City requires the development <br /> <br />of conceptual plans and a preliminary cost estimate for the <br />Redwood Shores Traffic Improvements Assessment District (the <br />"Project"); and <br /> <br /> WHEREAS, the Project mutually benefits the Cities of Redwood <br />City, Belmont and San Carlos in certain respects; and <br /> <br /> WHEREAS, this Council has reviewed a proposed agreement <br />between the Cities of Redwood City and Belmont pursuant to which <br />Belmont shall pay the City of Redwood City for its proportionate <br />share of the costs of the Project, based upon benefit conferred <br />thereby to Belmont; <br /> <br /> NOW, THEREFORE; <br /> <br /> BE IT RESOLVED BY COUNCIL OF THE CITY OF REDWOOD CITY as <br />follows: <br /> <br /> That certain agreement entitled, "Agreement - Consulting <br />Engineering Services (Redwood Shores Traffic Improvements <br />Assessment District)" (form dated 12/20/95), by and between the <br />City of Redwood City, a municipal corporation of the State of <br />California and the City of Belmont, a municipal corporation of <br />the State of California, pursuant to which Belmont shall <br />compensate the City of Redwood City for its proportionate share <br />of the costs of the Project based upon benefits thereby conferred <br /> <br /> <br />