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HomeMy WebLinkAboutAgenda Statement 1980/04/10 Item 04 ~ . . COUNCIL CONFERENCE AGENDA STATEMENT I tern ;f- Meeting Date 4/10/80 ITEM TITLE: Resolution /t)t).5'f"- Authorizing release of residential construction tax and park fees - Twin Oaks Condominiums SUBMITTED BY: Ci ty Attorney (4/5ths Vote: Yes No~) BACKGROUND: The developers of Twin Oaks Condominiums have requested a refund of their residential construction tax and park fees. RECO~~lliNDATION: It is my recommendation that we approve the refund of the residential construction tax and park fees. I DISCUSSION: The developers of Twin Oaks Condominiums have recently had their final map approved by the City Council. Since then their financing has fallen through and they will not be able to go ahead with their project in the immedlate future. They have requested that we refund to them their residential construction tax in the amount of $5,500 and park fess in the amount of $4,800. They have returned their final map to the City and the final map will expire within 60 days by its own terms. This will mean that they will again go through the final map approval procedure at which time they would have to submit these fees. FISCAL IMPACT: Not Applicable -~~~ bj "". City Council of C:!L::_. 'Vista, California ~/t? - <FIJ .-.r' Datu! ,",--,- TJH:lgk oc,~ 10 Form A-113C (11/79) Other ENVIRONMENTAL DOCUMENT: Attached Submitted on , ~ 1 ~ " i, r I ! EXHIBITS Agreement_____ Resolution~ Ordinance_____ Plat_____ Notification List . . . .