HomeMy WebLinkAboutAgenda Statement 1985/08/20 Item 15 COUNCIL AGENDA STATEMENT
Item 15
Meeting Date 8/20/85
ITEM TITLE: Resolution / / /'Revising Condition No. 17, Charter Point
Subdivision
SUBMITTED BY: Director of Public Works/City Engineer
REVIEWED BY: City Manager (4/5ths Vote: Yes No X )
At the Council meeting of August 13, 1985, Council adopted the Resolution of
Necessity for acquiring Telegraph Canyon Road adjacent to Charter Point
Subdivision. The developer has only been allowed to receive occupancy permits
for 220 of the 274 units in the subdivision. He has requested release of more
units since the right-of-way action has been agreed to by the Council .
RECOMMENDATION: Approve resolution modifying Condition No. 17.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Resolution No. 10276 approved the tentative map for Charter Point
Subdivision. Condition No. 17 of that resolution required temporary off-site
improvements to be constructed prior to Unit No. 2 of the subdivision being
occupied. That resolution has been modified several times to release more
units and to change the conditions so that a divided highway will be built in
front of Charter Point Subdivision in lieu of the temporary off-site
improvements. Resolution No. 11591 revised Condition No. 17 by allowing the
occupancy of up to 220 units prior to the public improvements being
installed. This resolution will modify that ovrl resolution the City release eer,the
remaining 54 units for occupancy subject to approval l , 34
provided for herein. Of the 54 units remaining
remaining for occupancy ancy units approval , be
will be approved for occupancy immediately.
nstruction
approved for occupancy upon receipt work by Charter Point' socontractor
work and evidence to the City Engineer that
has begun.
As stated before, it is improvements.tsl1e Charter Point more than
adequte
•
security to guarantee the � with
ve
the City of Chula Vista in the
Ameri can of
Federal n, the additio amounts of e$800 000 ato
a passbook account at Great
is
further guarantee the improvement work.
construction amount
although
in the range of $650,000 and the appraisal for
lower than may likely efy b that the settled ssbookl account is amoreothan$40,000.
adequate htoecover
it is staff's belief tha passbook • , • . . • •61 •1 100% security for
the total cost, and that th- 441441111 the project.
FISCAL IMPACT: None �
of
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