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HomeMy WebLinkAboutC-1549 - Reimbursement agreement for Traffic Signal Installation at West Coast Highway & Riverside AvenueI J N 2 5 1973 June 25, 1973 By the CITY COUNCIL C'ITY PC- 46ACN CITY COUNCIL AGENDA ITEM NO. H -2 (f) TO: CITY COUNCIL FROM: Public Works Department SUBJECT: TRAFFIC SIGNAL INSTALLATION AT WEST COAST HIGHWAY AND RIVERSIDE AVENUE RECOMMENDATION: Adopt a resolution authorizing the Mayor and City Clerk to execute an agreement with Pacific Marine Yachts, Inc. and Clara Coupland providing for a contribution to modify the subject signal installa- tion. DISCUSSION: Pacific Marine Yachts, Inc. of 2751 West Coast Highway has requested that the traffic signal at Coast Highway and Riverside Avenue be modified to provide signal indications for their drive, which is opposite Riverside Avenue; and to provide a left turn lane and signal indication from Coast Highway into their drive. The State Division of Highways has agreed to include this work in their contract for modernizing the signal system on Coast Highway at Riverside and Tustin. The estimated additional cost is $3,500. Pacific Marine has agreed to pay the additional cost for this installation. Joseph r evlin / Public Wor s Director JDLW:jfd P a CITY OF NEWPORT BEACH CALIFORNIA DATE June 29, 1873 TO: FINANCE DIRECTOR FROM: City Clerk SUBJECT: Contract No. 1549 City Hall 3300 W. Newport Blvd. Area Code 714 673 -2110 Description of Contract + Agr+emeent with Clara Coupland and Light at West Coast Highway and Riverside Avenue. Authorized by Resolution No. 8020 , adopted on June 25, 1973 Effective date of Contract June 27, 1.973 Contract with Clara Coupland and Pacific Marine Yachts, Inc. Address 2751 Pacific Coast Highway Amount of Contract NmTrort Beach see contract V city -C el rk June 28, 1973 PUBLIC WORKS rEPARTMERr Attention: Don Webb M 71'1 n �>t7 1a a , .. , a1 i • 41 z i 71•tiv is) a Enclosed is a fully exseuted copy of subject agreement for trwanittal to Clara Coupland and Pacific Marine. As you know, the contract calls that the estimated cost of $3,500 be deposited with the City within lb days after execution of this contract, making July 13 the last day for desposit. :aura t gins City Clerk LL:swk enc. & i AGREEMENT THIS AGREEMENT is made and entered into this a 7 T// day of 4 V Vk 1973, by and between the CITY OF NEWPORT BEACH, a munici- pal corporation, hereinafter designated as "City ", and CLARA S. COUPLAND, a single woman, hereinafter designated as "Owner" and PACIFIC MARINE YACHTS, INCORPORATED, a California corporation, hereinafter designated as "Pacific Marine "; 14ITNESSETH WHEREAS Owner owns and Pacific Marine leases the property des- cribed as the Southeasterly 100 feet of the Northwesterly 250 feet of Lot "H" of Tract 919 as shown on a map recorded in Book 29, Pages 31 thru 34 of Miscellaneous Maps, records of Orange County, California, also known as 2751 West Coast Highway in Newport Beach and said property is opposite Riverside Avenue; and WHEREAS Pacific Marine has requested that City install a left turn lane in westbound Coast Highway at Riverside Drive and provide the necessary traffic signal modifications to serve said left turn lane and the private drive entering the aforementioned property; and WHEREAS City on July 26, 1971 entered into an agreement with the State of California Division of Highways, hereinafter designated as "State ", providing for the rechannelization of Coast Highway between The Arches and 650 feet easterly of Tustin Avenue and the reconstruction of the traffic control signal system at the intersections of Coast Highway with both Riverside Avenue and Tustin Avenue; and WHEREAS State has not yet performed said aforementioned improve- ments and has indicated to City that said modifications requested by Pacific Marine can be added to the State's project if a request is received from City. NOW, THEREFORE, the parties hereto agree as follows: PACIFIC MARINE AGREES: 1. To pay to City the cost of installing traffic signal equipment to provide signal indications for a left turn lane and private drive exit. Said cost is estimated to be $3500. The final cost to Pacific Marine shall 1. be calculated as follows: the actual State contract cost for the aforemen- tioned modifications plus 15% of said cost for State construction engineering costs plus 10% of the modifications contract costs for City administrative costs. The estimated cost of $3500 shall be deposited with the City within 15 days after the execution of this agreement. After the City receives and accepts the final billing from the State, the final cost of Pacific Marine shall be determined as described above. If the final cost of said modifica- tions exceeds $3500, City will bill Pacific Marine for the amount due and Pacific Marine shall reimburse City within 30 days of receipt of billing. Pacific Marine's total obligation for said modifications shall not exceed $5000 without prior approval by Pacific Marine. OWNER AND PACIFIC MARINE AGREE: To grant to State an easement for the installation and maintenance of traffic signal detector loops in the aforementioned driveway entrance to the Pacific Marine property; said easement shall be prepared by the State. CITY AGREES: 1. To contract with the State to construct a left turn lane in westbound Coast Highway at Riverside Avenue and install the necessary traffic signal equipment to serve said left turn lane and the private drive to be constructed by Pacific Marine. 2. To contract with State to operate and maintain the afore- mentioned additional traffic signal modification and shall pay State for these services. 3. To refund to Pacific Marine the difference between the actual cost and $3500 if final costs of said modifications are less than $3500. Said refund shall be made within 30 days of the City's receipt and acceptance of the final billing from the State. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed as of the day, month, and year first above written. 2. APPROVED AS TO FORM: lt,CTITAttorney 3. OWNER c�?a-e� s, .� Clara Coupland PACIFIC MARINE YACHTS, INC. • 0 RESOLUTION NO. 8 O 2 O A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECDTION OF AN AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND PACIFIC MARINE YACT S, INC. AND CLARA COUPLAID PROVIDING FOR _. CONTRIBUTION TO MODIFY THE TRAFFIC SIG].AL INSTALLATION AT WEST COAST HIGHWAY AND RIVERSIDE AVENUE WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain agreement between the City of Newport Beach and Pacific Marine Yachts, Inc. and Clara Coupland providing for a contribution to modify the traffic signal installation at West Coast Highway and Riverside Avenue; and WHEREAS, the City Council has considered the terms and conditions of said agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said agreement for the contribution above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 25th day of June, 1973. Mayor ATTEST: City Clerk dm 6/20/73