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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