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HomeMy WebLinkAboutMINUTES - 05212013 - C.06RECOMMENDATION(S): ADOPT Resolution No. 2013/234 approving the sixth extension of the Subdivision Agreement for subdivision SD 89-07267, for a project being developed by Morgan Capital Investment Properties/Lafayette – King Drive Associates, LLC, as recommended by the Public Works Director, Lafayette area. (District II) FISCAL IMPACT: No fiscal impact. BACKGROUND: The Subdivision Agreement needs to be renewed as the improvements are not completed yet. (Approximately 75% of the work has been completed to date.) The developer has requested additional time to complete improvements. Granting an extension gives the developer an additional year to complete the improvements and keeps the bonding current. CONSEQUENCE OF NEGATIVE ACTION: The Subdivision Agreement will not be renewed if the extension is not granted; the developer cannot complete the improvements; the bonds cannot be kept current; and, the County may need to foreclose on the developer’s bonds and complete the improvements. CHILDREN'S IMPACT STATEMENT: Not applicable. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 05/21/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: J. LaRocque, 925-313-2315 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: May 21, 2013 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: Design/Construction, S. Reed, Engineering Services, J. Capozzo, Engineering Services, J. LaRocque, DCD, Morgan Capital Investment Properties/Lafayette – King Drive Associates, LLC, International Fidelity Insurance Company 2999 Oak Road, Suite 820WC 94597 C. 6 To:Board of Supervisors From:Julia R. Bueren, Public Works Director/Chief Engineer Date:May 21, 2013 Contra Costa County Subject:Approving the sixth extension of the Subdivision Agreement for subdivision SD 89-07267, Lafayette area. (District II) ATTACHMENTS Resolution No. 2013/234 Attachment 1