RES 86232 - Laserfiche WebLink

the issuance of the first building permit on the Auf der Maur Parcel, Landowner shall pay Thirty Thousand Dollars ($30,000.00) to the City as an offset to the City's contribution to the Valley Avenue Extension Assessment District. b. Del Valle Parkway-Bernal Avenue Intersection. If traffic studies satisfactory to the City's Director of Public Works show that there is no need for additional signalization along the Bernal Avenue Extension (including the Del Valle Park- way intersection) within five years from the date of the first major project approval on the Auf der Maur Parcel, then the City will not include as a condition of that project approval a re- quirement that the Landowner share in the cost of that signaliza- tion when and if signalization finally does become necessary. 6. Stanley Boulevard Access. Landowner desires Stanley Boulevard access for the proposed Shopping Center Parcel. City has reviewed Landowner's request and hereby agrees that two vehicular accesses on the southerly side of Stanley Boulevard will be permitted subject to a design which includes a decelera- tion lane adjacent to the proposed vehicular accesses. The de- celeration lane and two vehicular accesses on Stanley Boulevard shall be constructed in conjunction with the discretionary proj- ect approval on the shopping center parcel and shall be con- structed entirely at developer's expense. The approximate con- figuration of the deceleration lane and vehicular accesses shall be as shown on Exhibit "A" subject to final approval as to loca- tion by the Director of Public Works. In conjunction with the - 7 -