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HomeMy WebLinkAboutAgenda Statement 1973/11/13 Item 17AGENDA ITEM N0. [ 17 ] CHULA VISTA CITY COUNCIL MEETING OF: November 13, 1973 ITEM TITLE: Resolution - Amendment to Subdivision Improvement Agreement for E1 Rancho del Rey Unit #2 (Resolution #6548) INITIATED BY Rarxr,Rnrrnrn Director of Public Works/City Engineer On February 23, 1972, by Council Resolution No. 6358, the City entered into a Subdivision Improvement Agreement with E1 Rancho del Rey, Inc., developers of E1 Rancho del Rey Subdivision Unit No. 2. In order to correct a drainage problem that developed in the process of constructing said improvements, a revision to the approved grading and drainage facilities is necessary. Revised plans which correct said grading and drainage improvements have been approved. The estimated cost of constructing these improvements is $10,000. The subdivider has executed the amendment to the Subdivision Improvement Agreement. He has also submitted a surety bond in the amount of $10,000 to guarantee the completion of said improvements. It is requested that Council authorize the Mayor to execute the \ amendment on behalf of the City. A transparency is available for Council viewing. ATTACHED: Resolution [g] Ordinance [ ] Agreement [ ] Plat [ ] See EXHIBITS [X] No. 1~;~. Financial Statement: N.A. Commission-Board Recommendation: N.A. Department Head Recommendation: Recommends approval of amendment. City Manager Recommendation: Concur ~~v