1986-0304_BARWICK DATSUN AGENCY_I1_Agenda Report AGENDA ITEM March 4 , 1986
TO: Stephen B. Julian, City Manager
FROM: W. D. Murphy, Director of Public Works
SUBJECT: Agreement for Street Improvements (Barwick Imports)
SITUATION
On March 31 , 1972, the City and Barwick Datsun Agency signed an
agreement to postpone public improvements on Camino Capistrano
(see attached location map) . The agreement expires on March 17 ,
1986 . A new agreement is proposed for either a three year
period or until the City requires the improvements to be
constructed, whichever occurs sooner. Mr. Barwick desires to
extend the agreement pending improvement of the properties adja-
cent to his property.
The improvement bond amount for the original agreement was
$14, 000 . The bond amount now is $41 , 400. A copy of the agree-
ment is attached.
FINANCIAL CONSIDERATIONS
There are no costs to the City for this action. The improvement
costs to Barwick Datsun will increase with time and the bond
covers reasonable increases for the three year period.
ALTERNATE ACTIONS
1 . Approve the agreement with Barwick Datsun Agency for post-
ponement of public improvements and authorize the Mayor to
execute the agreement on behalf of the City.
2 . Do not approve the agreement.
3. Request further information from Staff.
RECOMMENDATION
By motion, approve the agreement with Barwick Datsun Agency for
postponement of public improvements and authorize the Mayor and
City Clerk to execute the agreement on behalf of the City;
authorize the City Clerk to record the agreement with the County
Recorder.
Respectfully submitted, T '
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