City Council

11. RIVER WALK MIXED USE PROJECT INFRASTRUCTURE\nREIMBURSEMENT AGREEMENT - This reimbursement agreement will fund the\ninstallation of landscape and irrigation similar to existing median beautification\nimprovements which exist along Sierra Highway and Soledad Canyon Rd.\nRECOMMENDED ACTION:\nCity Council:\n1. Approve an Infrastructure Reimbursement Agreement with River Walk Owner, LLC,\nand authorize an expenditure for a total amount not to exceed $1,135,787 for the\nconstruction of median improvements.\n2. Appropriate $1,135,787 from Areawide Fund Balance (Fund 367) to expenditure\naccount 3672400-516101.\n3. Authorize the City Manager or designee to execute all documents, subject to City\nAttorney review.