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HomeMy WebLinkAboutReso 1973-7037Form No. 342 Rev. 9-71 RESOLUTION N0. 7037 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA, APPROVING AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT FOR RANCHO RIOS UNIT #~5 BETWEEN THE CITY OF CHULA VISTA AND RANCHO RIGS DEVELOPERS AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED that that certain agreement between THE CITY OF CHULA VISTA, a municipal corporation, and RANCHO RIGS DEVELOPERS, a limited partnership, 3910 Chapman Street, Suite B, San Diego, California dated the 9th day of October 1973 a copy of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said agreement for and on behalf of the City of Chula Vista. Presented by Approved as to form by °' ~ ~ Lane F. C le, Director George Lin erg, City t o y Public Works ADOPTED AND APPROVED by the CITY COUNCIL of VISTA, CALIFORNIA, this 9th day of October the following vote, to-wit: the CITY OF CHULA 1973 by AYES: Councilmen Scott, Hobel, Hamilton, Hfrde, Egdahl NAYES: Councilmen None ABSENT: Councilmen None f ~ /~ `: /-} Mayor of the City of Chula Vista / ATTES~~ City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I' City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above is a full, true and correct copy of Resolution No. and that the same has not been amended or repealed. DATED City Clerk AMENDP~iENT TO SUBDIVISION IPrtPROVEMENT AGREEP~iENT FOR RANCHO RIGS UNIT #5 THIS AGREEMENT, made and entered into this 9th day of October , 1973, by and between the CITY OF CHULA VISTA, a municipal corporation, hereinafter referred to as "City", and RANCHO RIOS DEVELOPERS, 3910 Chapman Street, Suite B, San Diego, California 92110, hereinafter referred to as "Subdivider"; W I T N E S S E T H_ WHEREAS, Subdivider now desires to delay construction of a certain improvement guaranteed by that certain Subdivision Improve- ment Agreement, dated August 24, 1972, as approved by Resolution No. 6577, and WHEREAS, said improvements are guaranteed by bonds, and WHEREAS, Subdivider desires to deposit with the City the sum of THIRTY THOUSAND TWO HUNDRED FIFTY DOLLARS ($30,250.00), in the form of a savings and loan passbook account, to guarantee the completion of said improvements, consisting of surface and drainage improvements in and under Otay Valley Road, and WHEREAS, said improvements are shown on improvement drawing Nos. 71-129D, 72-129D and 72-238D. FOLLOWS: NOW, THEREFORE, IT IS MUTUALLY AGREED AND UNDERSTOOD AS 1. That thos in Otay Valley Road, as 72-238D consisting of: 375 L.F. 1 EA. 3,525 S.F. 5,000 S.F. L.S. 1 EA. 50 L.F. 55 L.F. 1 EA. 15 C.Y. L.S. e improvements Easterly of Station 21+00.12 shown on drawing nos. 71-129D, 72-129D and Curb, Gutter and Sidewalk Street Light A.C. Paving including Aggregate Base Removal of existing paving Grading 8' Type "A" Inlet 18" C.M. Pipe 10' x 10' x 55' Box Culvert Type "B" Endwall Rock Slope Protection Removal of existing 96" C.M.P. shall hereafter be installed at the request of the Director of Public Works. 2. That that certain Subdivision Improvement Agreement dated August 24, 1972, be and the same shall remain in full force and effect until the completion of said improvements. 3. That Subdivider shall deposit with the City a surety of faithful performance in the sum of THIRTY THOUSAND TWO HUNDRED FIFTY DOLLARS ($30,250.00) in the form of a savings and loan passbook account pledge guaranteeing said improvements. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed the day and year first hereinabove set forth. THE CITY OF CHULA VISTA SUBDIV DER: RANCH S DEVELOPERS ~~ a li ted partn ship y: The Odmark ~ ~; ~ ~ ~ ~ Com ~ y, A is C r~poration. ` / -~ '~ / Mayor f the ~it''y]]~~iof Chula Vista By: Ted P. Odmark, President Ap~oved as to form b " ~~ Attach Notary Acknowledgment. George D. Lindberg, City Attorney ~' ~d~7