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1983-0315_BARWICK DATSUN AGENCY_E6_Agenda Report AGENDA ITEM March 15, 1983 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 31, 1983 . 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 agree- ment pending improvement of the properties adjacent 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 agreement 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 Agencv for postpone- ment of public improvements and authorize the Mayor to execute the agreement on behalf of the Citv. 2 . Do not approve the agreement. 3 . Reauest 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, LJ n. ()- A TI D. Murphy \ ?VDM:CMB/rem 1 Encls. 1111 � CAP13TRANO TERRACE h TRAILER PARR 0 Q Q P til SC Jux /' Gam" AVENIDA i Ivo 2EE00 OLIVO AEROPUER EO ,�� - • '0_:l •ti' p�NO O O O p P pP� M0� h > APAkH 2 ol f OA S gpLAORE Y 1 A Q� P�QTEC'T Ir .�q 4/Md RfHq LOOT/ON N {h FORS ER ' .. j a3 • f CALLE NTO cq '�