1978-0920_BUTLER DEVELOPMENT_I8_Agenda ReportGENDA ITEM
TO: James S
FROM: William D
September 20 ,978
Mocalis, City Manager
Murphy, City Engineer
SUBJECT: Reimbursement Agreement - Butler Development (Tract 10090)
SITUATION:
Butler Development Company is requesting a reimbursement agreement for
expenses incurred while constructing improvements for the extension of
Via Estelita west of Aguacate Road. The developer is required to con-
struct these improvements as a condition of approval of Tract 10090.
A reimbursement agreement is enclosed for Council review.
The agreement calls for reimbursement of the developer by the properties
fronting on Via Estelita between Aguacate Road and the tract boundary.
The affected properties will be required to make reimbursement at such
time that a request for grading permit is made. The agreement further
proposes to limit the time period over which the reimbursement require-
ment will exist; the obligation for reimbursement of construction costs
is to run for five years.
FINANCIAL CONSIDERATIONS:
The improvement costs for that portion of Via Estelita outside of the
tract boundaries are estimated to be $25,000. There are no direct
financial impacts upon the City resulting from the subject agreement.
ALTERNATE ACTIONS:
1. Approve the subject agreement.
2. Do not approve the subject agreement and reimbursement of the
developer.
3. Require a modification of the agreement for future review.
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RECOMMENDATION:
By motion, approve the Agreement Providing for Reimbursement of Off -Site
Improvement Costs (Tract 10090) and authorize the Mayor to sign the
agreement on behalf of the City.
Respectfully submitte
J.f�r
William D. Murp
WDM:RFC:ch
Attachments t" t ifY COUNCIL AGENDA ..