HomeMy WebLinkAboutReso 1977-8622Rev. 2/76
RESOLUTION NO. 8622
RESOLUTION OF THE CITY COUNCIL OF' ~'~iE" CI"TY OF CHULA
VISTA, APPROVING AGREEMENT BETWEEN THE CITY OF CHULA
VISTA AND TREETOPS UNLIMITED FOR COMPLETION OF PUBLIC
IMPROVE"~IENTS IN TELEGRAPH CANYON ROAD ADJACENT TO EL
RANCHO DEL REY UNIT NO. 4 SUBDIVISION
AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT
The City Council of the City of Chula Vista does hereby
resolve as follows:
NOW, THEREFORE, BE IT RESOLVED that that certain agreement
between THE CITY OF CHULA VISTA, a municipal corporation, and
TREETOPS UNLIMITED, for completion of public improvements in Telegraph
Canyon Road adjacent to E1 Rancho Del Rey Unit No. 4 Subdivision
dated the 10th day of May 1977 a copy of
which is attached hereto and incorporated herein, the same as though
fully set forth herein be, and the same is hereby approved.
BE IT FURTHER RESOLVED that the Mayor of the City of Chula
Vista be, and he is hereby authorized and directed to execute said
agreement for and on behalf of the City of Chula Vista.
Presented by
Tv~. J. Robens, Director of Public
Works
Approved as to form by
._
,~ ,
Georg~'D. Lindberg, City Att~ney
ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA
VISTA, CALIFORNIA, this 10th day of May 19 77 r by
AYES: Councilmen Hobel, Cox, Hyde, Egdahl
NAYES: Councilmen None
ABSENT: Councilmen None
VACANCY: Council Seat No. 3
~~.!~' ~
~ //~~~~ Mayor of the City of Chula sta
ATTES~~.:M/h.~.CJ`/~ n7/~l/l~l/7~
// City Clerk
STATE OF CALIFORNIA)
COUNTY OF SAN DIEGO) ss.
CITY OF CHULA VISTA)
I, City Clerk of the City
of Chula Vista, California, DO HEREBY CERTIFY that the above is a full,
true and correct copy of Resolution No. and that the same has
not been amended or repealed. DATED
City Clerk
AGREEMENT FOR COMPLETION OF PUBLIC 2MPROVEMENTS IN
TELEGRAPH CANYON ROAD ADJACENT TO EL RANCHO DEL REY
UNIT #4 SUBDIVISION
THIS AGREEMENT, made and entered into this 10th day of
May , 1977, by and between THE CITY OF CHULA VISTA, a
municipa corporation, hereinafter called "City", and TREETOPS
UNLIMITED, a joint venture composed of Financial Scene, Inc., and
Pacific Scene, Inc., 2505 Congress Street, San Diego, California,
92110, hereinafter called "Subdivider";
W I T N E S S E T H
WHERE.A5, as a condition of the approval of the Tentative
Map for E1 Rancho del Rey Unit #4, the developer was required to
improve the northerly half of Telegraph Canyon Road providing for
four lanes of traffic and half of the median island improvements,
and
WHEREAS, the developer has requested, and City concurs,
that the installation of these improvements be deferred until such
time as Telegraph Canyon Road is widened to ultimate standards, and
WHEREAS, Subdivider has heretofore deposited a cash bond
with the City in the amount of $26,000,00.
NOW, THEREFORE, IT IS MUTUALLY AGREED by and between the
parties hereto as follows:
1. Subdivider agrees to install or cause to be installed
the following improvements at the estimated cost as set forth. below
upon the direction of the Director of Public Works of the City of
Chula Vista:
Earthwork, lump sum $ 500.00
AC surfacing, 14,810 S,F. @ $0.75/S.F. 11,107.50
AC median surfacing, 8,776 S.F. @ $0.40/S.F. '3,510.40
PCC curb at median, 1,097 L.F. @ $4.00/L.F. 4,388.00
Street lights 1/2 of 3 each @ $1300 each 1,950.00
Subtotal X21,455.90
Contingencies 2,145.59
Attorney's fees 2,398.51
TOTAL $ 26,000.00
The public improvements are shown on Chula Vista Drawing
No. 77-35D on file with the Department of Public Works.
2. It is understood and agreed that said improvements will
be undertaken at such time as Telegraph Canyon Road is widened to
ultimate standards.
3. Subdivider has heretofore deposited the amount of
TL4ENTY-SIX THOUSAND DOLLARS AND NO CENTS ($26,000.00) with the City.
4. It is understood and agreed by Subdivider and City that
if the actual construction cost is less than $26,000.00, City shall
refund any monies remaining from said cash deposit. It is further
agreed that in the event construction costs exceed $26,000.00, Sub-
divider shall bear the full cost of the improvements or pay to the
City any additional monies, if required, if the City causes said
improvements to be installed.
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5. It is further understood and agreed that in any event,
Subdivider will install said improvements on or before the eighth
anniversary date of this agreement.
IN WITNESS WHEREOF, the parties hereto have caused this
'' agreement to be executed the day and year first hereinabove set forth.
THE CITY OF CHULA VISTA
C,J~~~
Mayor o the City of Chu Vis
ATTEST
itv Clerk ~
Approved as to form by
~ ~ /.,. ,
City Attorney
SUBDIVIDER: TREETOPS UNLIMITED
A JOINT VENTURE, COMPOSED OF:
FINANCIAL SCENE INCORPORATED,
A CALIFORNIA CORPORATION
BY: ~~~L1l.it~~l.~
BY: E Ji2jUT~C~R~v Vl1~GC~
ASSISTANTISECRETARY
PACIFIC SCENE, INC.
A CALIFORNIA CORPORATION
BY:
VIC E DE
ASSISTANT SEJ~RET.~RY
CATTACH NOTARY ACKNOWLEDGMENTS
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