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HomeMy WebLinkAboutAgenda Statement 1974/12/17 Item 04AGENDA ITEM N0. [ 4 ] CHULA VISTA CITY COUNCIL MEETING OF TTFM TTTT.F- INITIATED BY: December 17, 1974 Resolution - Approving Agreement for Deferral oflPublic Improvements in East "H" Street and 'Paseo Ranchero in Conjunction with Approval of Parcel Map No. 9-74 and Lien Securing the Future In- stallation of Said Improvements Director of Public Works/City Engineer ~~- BACKGROUND ~ On July 3, 1974, the tentative Parcel Map Subdivision. One of improvements of East property owners requ~ at this time. Planning Department and Engineering Division approved No. 9-74 for property located northerly of Candlewood the conditions of approval was that the public "H" Street and Paseo Ranchero be installed. The ~sted a deferral of installing the publid improvements On November 13, 1974, the Planning Commission granted the request for the deferral subject to an agreement to guarantee the public improvements and posting a surety in the amount of $90,000. The owners executed a lien agreement in the amount of $90,000 to serve as a performance guarant The City Council must approve all lien agreements. Council approval of the agreement will be followed by recordation of the lien in the office of the County Recorder. A transparency is available for Council viewing. ATTACHED: Resolution [~ Ordinance [ ] Agreement [X] I Plat [X] See EXHIBITS [X] No. 1-2-3 Financial Statement: P1.A. Commission-Board Recommendation: Planning Commission granted the deferral of public improvements at their meeting on November 13, 1974. ', Department Head Recommendation: Council approve the agreement for the deferral of improvements to be constructed in East "H" Street and Paseo Ranchero and lien securing the future installation of said improvements. City Manager Recommendation: Concur ~~s~~ suB_/EC r /~ROPERT7~ EA57 "N„ Phi ,PCEG 1 OF TENTq T/IiE PARCEL ~1AP N° 9 -74 ~J(HI~IT 1 CAGLE $ANT/AGO ~1 QQ~/ 0 J~ a vicin~i rr _~ .- _- 11 a~ ~~ o~ ~ `' W v~ ~ ~~ ~ o~ m a4/ ~ ~, ~ e% ~ a C~ AGE ,~•-2ao~ ~_---- j. ,. , ~ ... ~ ,. , CANOEL,ERO