HomeMy WebLinkAboutAgenda Statement 1986/08/05 Item 21 COUNCIL AGENDA STATEMENT
Item 21
Meeting Date 8/5/86
ITEM TITLE: Resolution ;',Z 4t //Approving an agreement for the construction
of Telegraph Canyon Road (Charter Point Subdivision)
SUBMITTED BY: Director of Public Works/City Engineer Y7
REVIEWED BY: City Manager-. (4/5ths Vote: Yes No X )
By previous action, Counci`T has revised Condition #17 for the Charter Point
Subdivision to require that the developer construct Telegraph Canyon Road as a
four-lane divided highway adjacent to their subdivision boundaries. Because
of traffic safety concerns, the possibility of a joint project between the
City and EastLake for the ultimate construction of Telegraph Canyon Road and a
proposed project by the Navy to construct Telegraph Canyon Road, staff does
not recommend that Charter Point go ahead with the construction of Telegraph
Canyon Road at this time.
RECOMMENDATION: That Council approve the resolution approving agreement for
construction of Telegraph Canyon Road.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Resolution 12144 revised Condition #17 to allow the entire Charter Point
Subdivision to be occupied without the construction of Telegraph Canyon Road
ity
since the City was working on a revised design for its construct Eion. Csty
staff has had meetings with representatives from the Navy, United
and EastLake expressing a desire to build a minimum four-lane divided highway
(graded for an ultimate s ea a e fafacility) from EastLake westerly to existing
four-lane divided highway
Developers of Charter Point Subdivision (Pacific Scene and Great American
Financial dba Treetops Unlimited) have requested that the City accept a cash
payment and release the current 1 i construction bid contract Bond and the
Certificate of Deposit. Staff has reviewed a valid
submitted to Treetop Unlimited for Telegraph Canyon Road and have determined
that the prices involved are reasonable and that the City would be prudent to
accept their offer. The agreement provides that Treetops Unlimited will give
the City cash in the amount of $828,997 to cover: a) undergrounding of
utilities, b) construction of four-lane divided highway with landscaped the
necessary median. Treetops Unlimited from United Enterprimses and responsible l l dep deposit t anq additional
nc right-of-way
$100,000. It is proposed that the City deposit this money in an interest
bearing account to later ct between t as partial
EastLake ProjectcandtPaseo Ladera financing an
overall widening probe
FISCAL IMPACT: $828,997 will be added to the special fund for Telegraph
Canyon Road.
WPC 2250E
by th City of
Chula Vista, C, ifornia
Dated , -2% /9I