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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 ( . . 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 ,---..,\ {; 1Jr) I , ,