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HomeMy WebLinkAboutResolutions - No. 2018-64RESOLUTION NO. 2018-64 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE FINAL MAP AND AUTHORIZING THE C¡TY MANAGER TO EXECUTE AN IMPROVEMENT AGREEMENT FOR THE VINE AT VINTNER'S SQUARE SUBDIVISION, UNIT NO. 2 (TRACT NO. 3898) AND AN AMENDMENT TO THE ¡MPROVEMENT AGREEMENT FOR THE VINE AT VINTNER'S SQUARE SUBDIVISION, UNIT NO. 1 (TRACT NO.3865) WHEREAS, Unit No. 2 is the second phase of The Vine Subdivision, which is bounded by Lower Sacramento Road, Taylor Road, Westgate Drive, and the northerly property line of the Vintner's Square Shopping Center; and WHEREAS, the entire gated development (Units No. 1 and No. 2) consist of 57 single- family residential lots with improvements to be constructed in Unit No. 2 consisting of 24 single- family residential lots; and WHEREAS, Unit No. 2 includes the installation of all private interior subdivision improvements along with street frontage improvements on Taylor Road and Westgate Drive. The improvements along Taylor Road and Westgate Drive consist of masonry wall, landscape, and driveway improvements. Underground utilities, including public water mains, private storm drain pipes, and private wastewater pipes, will also be installed on-site to serve the subdivision; and WHEREAS, all private improvements inside the interior private street, including the street pavement, curb, gutter, sidewalk, private storm drain system, private sewer system, street lights, walls, and landscape elements will be maintained by the Home Owners Association; and WHEREAS, the lmprovement Agreement for Unit No. 1 included a condition to underground the existing AT&T and Comcast overhead utilities along the south side of Taylor Road and to provide a security in the amount of $242,500, the estimated cost to perform the work at that time, and allowing the City to call the bond and cause the undergrounding work to be performed by Vintner's Square, LLC (Developer) within 24 months of the execution date of the Agreement; and WHEREAS, Developer requested the City extend this requirement an additional 18 months and to provide an option of allowing Developer to opt out of the condition for the amount of the security; and WHEREAS, considering the existence of PG&E overhead utilities which cannot be placed underground at this location, the community benefit of undergrounding the smaller AT&T and Comcast overhead infrastructure is not significant, and for this reason, staff concurs Developer's request is reasonable; and WHEREAS, Developer has agreed to pay an improvement agreement amendment fee in the amount of $10,000; and WHEREAS, staff recommends City Council approve the final map for The Vine at Vintner's Square Subdivision, Unit No. 2 (Tract No. 3898) and authorize the City Manager to execute an lmprovement Agreement for The Vine at Vintner's Square Subdivision, Unit No. 2 (Tract No. 38g8) and an Amendment to the lmprovement Agreement for The Vine at Vintner's Square Subdivision, Unit No. 1 (Tract No. 3865). NOW, THEREFORE, BE lT RESOLVED that the Lodi city council does hereby approve the final map for The Vine at Vintner's Square Subdivision, Unit No. 2 (Tract No. 3898); and BE tT FURTHER RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute an lmprovement Agreement for The Vine at Vintner's Square Subdivision, Unit No. 2 (Tract No. 3898); and BE tT FURTHER RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute an Amendment to the lmprovement Agreement for The Vine at Vininer's Square Subdivision, Unit No. 1 (Tract No. 3865) to extend for an additional 18 months the requirement to underground the existing AT&T and Comcast overhead utilities along the south side of Taylor Road and to provide an option of allowing the developer, Vintner's Square, LLC, to opt out of the undergrounding requirement for the amount of the security, which is the estimated cost to perform the work, in the amount of $242,500' Dated: April 18,2018 I hereby certify that Resolution No. 2018-64 was passed and adopted by the City Council of the City of Lodi in a regular meeting held April 18,2018, by the following vote: AYES: COUNCIL MEMBERS - Chandler, Johnson, Mounce, and Mayor Nakanishi NOES: COUNC¡L MEMBERS - None ABSENT: COUNCIL MEMBERS - Kuehne ABSTAIN: COUNCIL MEMBERS - None NIFE FERRAIOLO City Clerk 2018-64