Loading...
HomeMy WebLinkAboutOld Business #2 9-08-87A~"~ r~ ~j~ ~ r~ ~ ~ OLD BUSINESS ~'~ ~ ~ NO. 2 DATE: AUGUST 28, 1987 TO: WILLIAN HUSTON, CITY 14AtUkGER FROM: PUBLXC WORKS DEPARTMENT/ENGINEERING DIVISION SUB, JECT: TRAFFIC SIGNAL INSTALLATION AT NEWPORT AVE AND OLD IRVINE BLVD. RECOMMENDATION: Pleasure of the City Council. BACKGROUND: As a part of the restaurant development in LaFayette Plaza at Irvine Blvd. and Newport Ave., the developers had requested t~he City to install a traffic signal at the intersection of Old Irvine Blvd. and Newport Ave. The driveway into LaFayette Plaza makes up the fourth leg of the intersection. Upon receipt of this request staff completed a traffic signal warrant study for this intersection, which did in fact meet the warrants, however staff recommended against the traffic signal installation due to the low projection of traffic volumes that would be utilizing the signalized driveway to the development. The closeness of the Old Irvine Blvd intersection to Irvine Blvd. was also a staff concern but it was determined that an installation would be workable. The City Council directed staff to review the entire immediate area with rpspect to traffic signal needs so as to determine the best location for a signal installation along Newport Ave. with respect to the Wass St. intersection or the Old Irvine Blvd. intersection. As of this date the study is still in progress and hopefully will be completed about October 1st. DISCUSSION: The developers of LaFayette Plaza, Bentall Development Co. have again requested the installation of a traffic signal at the intersection of Old Irvine and Newport Ave. and have offered to fund the cost for said installation {copy of letter attached). Apparently, the lease agreement for the operation of the restaurant within the development'is contingent upon a traffic signal installation at the Old Irvine at Newport Ave. intersection. The traffic signal design and installation cost is estimated to be approximately $85,000.00 and the on-going annual maintenance and operation cost is estimated to be $2,000.00. As indicated above the area-wide study is estimated to be completed about October 1st. Bentall Development Company has requested a decision to allow them to install a traffic signal at the intersection of Old Irvine and Newport Ave. at the earliest possible date. Bob Ledendecker Director of Public Works/City Engineer BL/1 g Attachment cc: Ron Wolford Dennis Barnes BENTALL DEVELOPMENT CO. A Member of The Bentall Group August 17, 1987 ~H~ 17 IQ~7 Mr. Bob Ledendecker .uu.-%,-u- Director of Public Works/City Engineer , ~~ ~_.~ City of Tustin 300 Centennial Way Tustin, CA 92680 Re: Traffic signal - Newport Avenue at Old Irvine. Boulevard Plaza LaFayette Dear Bob: In .reference to our discussion of Tuesday, August 11, 1987, in which I confirmed that LaFayette Partners, owner of Plaza LaFayette, has allocated the necessary money for the installation of the traffic signal at the main entrance of the project. As per your request, I am submitting this letter to you in order that you might place this request for approval on the City Council agenda as soon as possible. We are anxious to proceed in the conclusion of our lease agreement with Khamis Tower, Inc. and Mike Khamis, owner of .the restaurant complex for P~aza LaFayette. Upon obtaining City Council approval, 'the tenant agrees to proceed with the construction of its building and the operation of the restaurant upon its completion without delay. We thank you for your assistance and your understanding in this matter. If I can be of any further help, please do not hesitate to contact me. I can be reached at (714) 974-5050. Sincerely yours, Charles A. Smith Senior Vice President - Development on behalf of Bentall Properties, Inc., Managing General Partner of LaFayette Partners cc: Hisham Khamis 3111 North Tustin Avenue, Suite 150, Orange, CA 92665 · (714) 974-5050