HomeMy WebLinkAboutAgenda Report - July 21, 1993 (41)4
CITY OF LORI COUNCIL COMMUNICATION
AGENDA TITLE: Final Map and Improvement Agreement for Johnson Ranch Unit No. 2,
Tract No. 2586
MEETING DATE: July 21, 1993
PREPARED BY: Public Works Director
RECOMMENDED ACTION: That the City Council approve the final map for Johnson Ranch
Unit No. 2, Tract No. 2586, and the payment of Development
Impact Mitigation Fees for water, wastewater, street and storm
drain facilities from the escrow established for the acquisition
of the subdivision by the developer as outlined in the Improvement Agreement, and
direct the City Manager and City Clerk to execute the Improvement Agreement and map
on behalf of the City.
BACKGROUND INFORMATION: The subdivision is located south of the existing southerly
terminus of Bluejay Way, as shown on Exhibit A, and contains
total of sixty-five single-family residential lots.
Lodi Homebuilders, L. P., the developer of this subdivision, has furnished the City
with the improvement plans, necessary agreements, guarantees, insurance
certificates, and a portion of the fees for the proposed subdivision. The
Development Impact Mitigation fees for water, wastewater, street and storm drain
facilities have not yet been paid.
The developer is in the process of purchasing the subdivision site and has requested
that the impact fees normally collected prior to map approval by the Council be paid
at the close of their escrow. Given the stringent requirements being imposed on
developers by financial institutions due to the current poor economic climate, staff
feels that this is a reasonable arrangement to facilitate the project and recommends
that the Council approve the payment of impact fees through the escrow so the
project may proceed. Staff will issue a demand for payment and instruct the title
company that the map may not be filed until monies for the payment of the impact
fees have been deposited in escrow.
FUNDING: Developer fees.
Prepared by Sharon A. Welch,
JLR/SAW/lm
Attachment
cc: City Attorney
ack L. Ronsko
;Public Works Director
Associate`Ci'vil Engineer
APPRGVED 1
THOMAS A. PETERSON 'Krciea CEOs,
City Manager
CC -1
CJ0HNS01/TXTW.02M (CO.CCM) July 14, 1993
CITY OF LO DI
PUBLIC WORKS DEPARTMENT
JOHNSON RANCH 11
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