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1980-0319_BARWICK DATSUN AGENCY_H2_Agenda Report AGENDA ITEM March 19 , 1980 TO: James S. Mocalis , 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, 1980. A new agreement has been requested by Mr. Barwick for either a three year period or until the City requires the improve- ments to be constructed, whichever occurs sooner. Mr. Barwick desires to extend the agreement pending improvement of the prop- erties 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 Agency for postponement 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 post- ponement of public improvements and authorize the Mayor to execute the agreement on behalf of the City. Respectfully submitted, W. D. ,,p W. D. Murp WDM:MB/rem 1 Encl. FOP, CITY COUNCIL AGENDA .. . . .. /-1 Z