1975-0917_BROWN, A.W. & DIANE_C3_Agenda Report0
AGENDA ITEM September 17, 1975
TO: James S. Mocalis, City Manager
l9CiToN
SUBJECT:
SITUATION:
0
W. D. Murphy, Director of Public Works
Agreement and Bond to Assure Street Improvements -
A. William Brown
The subject project to be constructed by Mr. A. William Brown
consists of an office building on the northeast corner of Camino
Capistrano and Avenida Padre. This building shall front on the
area of the proposed Camino Capistrano Improvement District and
shall require the execution of an agreement assuring the future
construction of improvements.
As the complete nature of the proposed improvements within the
district has not been determined, Staff considers it prudent to
delay the construction of street impm vements. The necessary
agreement has been prepared by Staff and is enclosed for Council
review.
FINANCIAL CONSIDERATION:
The proposed agreement binds Mr. Brown to financial participation
in the Camino Capistrano Improvement District. Without such
participation, the City could bear the cost of the subject improve-
ments, which is estimated to be $9,000.
ALTERNATE ACTIONS:
1. Approve the agreement.
2. Do not accept the agreement.
3. Request further information.
RECOMMENDATION:
By motion, accept the bond, approve the agreement, and authorize
the Mayor to execute the subject agreement.
Respectfully submitted,
W. D. Murphy
WDM:GML:rm
Encl.
FOR CITY COUNCIL AGENDA , G
V