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HomeMy WebLinkAboutAgenda Statement 1988/07/12 Item 10 COUNCIL AGENDA STATEMENT Item 10 ITEM TITLE: Meeting Date 7/12/88 Resolution JfJ~ (7 Approving Replacement Subdivision ImprovementAgreements and authori zi ng the Mayor to execute said agreements for Chula Vista Tract 87-8, Rancho del Sur, Units No. 3 and 5 and releasing Rancho del Sur Partnership from pri or Subdivi s i on Improvement Agreements for Rancho del Sur, Units No.3 and 5 Di rector of Pub 1 i c Works ~ SUBMITTED BY: REVIEWED BY: City Manager,J? ~ (4/5ths Vote: Yes No X ) - On April 26, 1988, the City Council passed Resolutions 13543 and 13545 approving the Final Maps and Subdivision Agreements for Rancho del Sur, Units No. 3 and 5. The Agreements were executed by Rancho del Sur Partnership. RECOMMENDATION: That Council adopt resolution listed above. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. ISCUSSION: The Fieldstone Company, a California Limited Corporation, has requested that they be allowed to accept the responsibility for construction of required pub 1 i c improvements in Uni ts 3 and 5 of Rancho del Sur. They are in the process of purchasing those units from Rancho del Sur Partnership, and developing them. By executing the subdivision improvement agreements, and providing associated bonds, Fieldstone is accepting the responsibility for construction of required improvements and providing required surveying and monumentation for the Subdivision Maps. It is now appropriate to release Rancho del Sur Partnership from this responsibility. A plat is available for Council viewing. FISCAL IMPACT: None CST:mag/EY-276 WPC 3821E Dated /6{jf0 _._".~--,...."._,-_..........._.__.--"-