HomeMy WebLinkAboutAgenda Statement 1985/05/07 Item 11 COUNCIL AGENDA STATEMENT
11
Item
Meeting Date 5/7/85
ITEM TITLE: Resolution (7' Accepting the onsite public improvements
for Charter Point Subdivision Unit #1
SUBMITTED BY: Director of Public Works/City y En ineer g Ort/
REVIEWED BY: City Manager /6„ 4„,16____ (4/5ths Vote: Yes No x )
Pacific Scene, Inc. has completed the public improvements for Charter Point
Unit #1 Subdivision. The improvement agreement was approved by City Council
Resolution 10661 dated October 6, 1981 .
RECOMMENDATION: That Council approve resolution accepting the onsite public
improvements.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Pacific Scene, Inc. requested a final inspection of public improvements which
was made on January 26, 1984. A letter of deficiencies was prepared on
February 1 , 1984.
Pacific Scene, Inc. has now completed the corrections. A review inspection
was made on April 26, 1985, and all work was found to be completed in
accordance with the plans and to the satisfaction of the City Engineer.
Pacific Scene, Inc. has submitted a maintenance bond in the amount of
$131 ,400.00 to guarantee the improvements as to workmanship and material , for
a period of one year after acceptance by the City Council .
Pacific Scene, Inc. , through approval of Charter Point Unit #1 Subdivision,
was required to improve Telegraph Canyon Road from Otay Lakes Road to
approximately 650 feet west of Apache Drive, Resolution 10276. Condition 17
of the approval required construction to be performed prior to occupancy of
104 units in Charter Point #1 or within five years after approval of the Final
Map for Unit #1. The Final Map was approved on October 14, 1981 . Subsequent
modifications to the original agreement now requires construction of Telegraph
Canyon Road when a total occupancy of 220 units occurs for Charter Point 1 , 2,
and 3. As of larch 27, 1985, 220 units not including 12 model units, have
been finaled by the Building ')epartment. Of these, 206 units are occupied.
Pacific Scene, Inc. presently has on deposit a "pledge of money" in the amount
of $800,000.00 at Great American Federal , Account No. 000-318-6137. In
addition, the City has on file a bond from American Insurance Co. in the
amount of $800,000.00, Bond No. 731-13-72. The City, therefore, has surety in
a total aggregate of $1 ,600,000.00 to guarantee the required construction of
Telegraph Canyon Road.
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Page 2, Item
Meeting Date 5/7/85
City Council Resolution 11818 specifies the improvements to be constructed and
directs the City Engineer to implement their construction at an appropriate
time.
Approval of this resolution accepting the onsite public improvements will not
affect the agreement for constructing Telegraph Canyon Road public
improvements between Otay Lakes Road to 650+ feet west of Apache Drive.
FISCAL IMPACT: Upon acceptance of the public improvements the City will
assume the maintenance.
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