HomeMy WebLinkAboutAgenda Statement 1985/02/05 Item 12 COUNCIL AGENDA STATEMENT
Item 12
Meeting Date 2/5/85
ITEM TITLE: Resolution /Mi2 Releasing Frank Ferreira from the Agreement for
Land Development for Uncontrolled Embankment in the 200 block of
Bonita Glen Drive
SUBMITTED BY City Attorney (4/5ths Vote: Yes No x )
Mr. Ferreira has satisfied the conditions of an agreement he has entered
into with the City and this resolution would allow this satisfaction to
show up on the title report.
RECOMMENDATION: Adopt the resolution
BOARD/COMMISSION RECOMMENDATION: N/A
DISCUSSION:
On the 16th of January, 1973, the Council entered into an agreement
with Frank Ferreira which imposed conditions upon him to provide a
soils analysis and foundation design regarding an uncontrolled embank-
ment in the 200 block of Bonita Glen Drive. These conditions were to
be met before a building permit could be issued and the agreement was
recorded.
Mr. Ferreira has fulfilled these conditions and a building permit has
been issued. However, the agreement shows up in a title report upon
the property and creates a "cloud" on the title. This makes it diffi-
cult to obtain financing for development.
Mr. Ferreira has requested that we pass a resolution releasing him
from the agreement. Said resolution can be recorded to erase this
"cloud" . The City Engineer and Planning Director agree that Mr.
Ferreira has satisfied the terms of the agreement and the release is
appropriate .
FISCAL IMPACT: N/A
Form A-113 (Rev. 11/79)