HomeMy WebLinkAboutAgenda Statement 1973/03/27 Item 14
AGENDA ITEM N0. [ ~4 ]
CHULA VISTA CITY COUNCIL MEETING OF: Md rCh 27, 1973
TTF.M TTTT,F.
INITIATED BY:
RA('K(;Rnr1ND
Resolution - Approving Agreement for Participation in the
Public Improvements of East Orange Avenue within and Adjacent
to Larkhaven Chula Vista Unit 1 and Authorizi g use of Reserve
Gas Tax 2107 Funds
Director of Public Works/City Engineer /~
An agreement was entered into on July 27, 1970 between the City and Mr.
;~lilliam A. Buford, the developer of Vista Loma Verde Subdivision, whereir
Mr. Buford deposited the sum of $10,629 to guarantee the installation of
street improvements and drainage facilities within the north half of Easi
Orange Avenue lying within his subdivision. A portion of this cash depo<_
was also to be used for the construction of one-fourth of the major
drainage structure under East Orange Avenue adjacent to his subdivision.
The installation of improvements by American Housing Guild, the developer
of Larkhaven Units 3 and 4, in the south half of East Orange Avenue,
requires that the street improvements and drainage facilities guaranteed
by Mr. Buford be installed concurrently.
In accordance with the agreement entered into between the City and Mr.
Buford, the City assumed the responsibility of installing those improve-
ments mentioned and contained in exhibit "A" of said agreement.
The estimated cost of these improvements, including 5% overhead and
contingencies, is $16,429, ~ahich is $5,800 more than the sum of money
deposited by Mr. Buford. The primary reason for the increase in cost of
subject construction is due to a design change in the drainage structure
under East Orange Avenue. It is recommended that the City authorize
expenditures to complete the construction of the drainage structure and
East Orange Avenue in accordance with existing plans.
ATTACHED: Resolution [~] Ordinance [ ] Agreement [ ] Plat [X]
See EXHIBITS [X] No.1,2
FINANCIAL STATEMENT:
Cost of improvements $14,161.00
5% overhead 708.00
Contingencies 1,560.00
Total 16,429.00
Monies deposited $10,629.00
Re uested authorized funds from reserve Gas Tax
5,800.00
CommisCsion ~oard Recommendation: $
N.A.
Department Head Recommendation:
Approve resolution and authorize the expenditure of $5,800 from reserve
Gas Tax 2107 funds.
City Manager Recommendation: Concur
~~~9~'
Fc~m No. Z,A 102
7-66
CERTIFICATE OF CITY FINANCE OFFICER
Certification of Unappropriated Balance
I HEREBY CERTIFY that the money required for the
appropriation of funds for the purpose set forth in the
attached resolution is available in the Treasury, or is
anticipated to come into the Treasury, and is otherwise
unappropriated.
Amount $
Fund
Purpose
Bidder
Finance Officer
The City of Chula Vista
Date By
Certification of Unencumbered Balance
I HEREBY CERTIFY that the indebtedness and oblig-
ation to be incurred. by the contract or agreement author-
ized by the attached resolution can be incurred without
the violation of. any of the provisions of the Charter of
the City of Chula Vista, or the Constitution or the laws
of the State of California, that sufficient monies have
been appropriated for the purpose of said contract, that
sufficient monies to meet the obligations of the contract
are actually in the Treasury, or are anticipated to come
into the Treasury to the credit of the appropriation from
which the same are to be drawn, and that said monies now
actually in the Treasury, together with the monies antic-
ipated to come into the Treasury, to the credit of said
appropriation are otherwise unencumbered.
Amount Not to Exceed " ~
$ ~~ ~%f
_ Finance Officer
~ `"~~"~-~ / %'; ~ J The City of Chula Vista
Date ~._ ~,; _ - 7 3 BY
Fund ~j / /~ ~- Dept . /Activitf/.
Purpose ~
~.'T ~'/-r~~
Bidder
Certificate No.
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