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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 ' W Mufpy ;:61'{ 4'�L%Ni. :' V; NDA 4 �Nare�w WDM/RAF:nb I, ' n Nf AVENIDA DEL R09AL 4VENIDA Df lCAN 90 0 14 m i 8. CALLE MIGUEI 2 15. v v U RAILROAD 9' cALLE 9AN I�ARcos ` D. v m z ENIDA OLIVERA 3 D r - = bUa41NVILLAEA 'Q,n spn > A r V 02 y A � ► q i O ° 04, y C Jr VIA DEL .440 4 n NINId� 0 / s \ fq. fegO o 9jc°M0� o GqC '" M1A r ° r0- DR�EZ4 r4 - ,nv ,z A O � of Om O 4_ T 1 / AD RD i w s \