HomeMy WebLinkAboutAgenda Statement 1974/02/14 Item 14
AGENDA ITEM NO. [14]
CHULA VISTA CITY COUNCIL MEETING OF: February 14, 1974
ITEM TITLE: Resolution - Reapproving Map of Bonita View Terrace
Subdivision
INITIATED BY: City Attorney
BACKGROUND
In October, the City Council reapproved the final subdivision map
of Bonita View Terrace., Said action was necessitated because of
the inability of the developer of said property to acquire necessary
financing and was done pursuant to the provisions of the Subdivision
Ordinance of the City of Chula Vista.
At this time, the developer of Bonita View Terrace has again re-
quested the reapproval of the map in accordance with the provisions
. of the Code based upon the difficulty of acquiring financing in
the current money market.
, Although it was previously indicated that further extensions were
not desirable, it must be recognized that the same money market
conditions prevail for the small investor and perhaps are even
worse at this time and so this further extension has been requested.
..
",
The Attorney's office has informed Mr. Dalseth that no further
extensions could be considered beyond this time.
ATf ACHED:
Resolution [XJ
O:dinance [ ]
Agreement s[ x]
Plat [ ]
See EXHIilITS [Xl No.1, 2
pj,nancial Statement: N/A
COlr.mission-Board Recommendation: N/A. .
.....IIIt...'._~ ' I>..A --------
Deoartment Head Recommendation:
.-",,- ~~
Approval of Resolution
r::~~ M~"1ager Recom~~ation:
,', '
This is a Council prerogative subject to legal advice of City Attorney.
, '1(1/9 (
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. GENERAL. CONTRACTORS
DALSETH CONSTRUCTION co.
RESIDENTIAl.. - COMMERCIAl..
. REMODEL.ING .
525 THIRD AVE.
;HUl..A VISTA, CALIF.
"HONE 422-4913
114 GUAVA AVE.
CHUl..A VISTA. CALIF.
PHONE 420.3!544
February 1, 1974
TO: City Clerk
Ci ty of Chula Vista
P.O. Box 1087
Chula Vista, California
REFERENCE: Boni ta View Terrace
Council Resolution # 6949
Dear Sirs:
Because of the difficulties still existing in the financing of new
subdivision developments and because of interior fioor plan revisions required
by our tentative lender we find it impossible to complete all arrangements prior
to the existing expiration date.
We respectfully request a sixty (60) day extension of time to complete
these arrangements, which would be on or about April 12, 1974.
Yours Truly,
MJD:mjd
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