Title
Department of Transportation recommending the Board adopt and authorize the Chair to sign Resolution 001-2025 approving the performance period extension of Subdivision Improvement Agreements for projects referenced in the Resolution for one year from the current performance date if the project improvements are not completed by said date.
FUNDING: Road Fund.
Body
DISCUSSION / BACKGROUND
It had been the Department of Transportation’s (Transportation) practice before 2016 to bring to the Board a separate agenda item each time a developer requested a one-year extension to their Subdivision Improvement Agreements (SIAs). To improve efficiency and reduce staff time associated with multiple agenda items, Transportation now prepares a single agenda item that consolidates all SIA amendments that may come before the Board in a calendar year, should project improvements not be completed during that period.
The sole purpose of these potential amendments is to extend the performance period needed to complete the project improvements such as placing final roadway paving, completion of curb, gutter, sidewalk or driveways and/or final pad grading, installation of individual retaining walls or drainage facilities. In addition, utility connections or facility work may need to be completed.
The one-year performance period extensions will not impact the original bonds or change the conditions of approval. The projects included herein are near completion and their respective Final Maps have already been approved by the Board. Amendments to the SIAs which make more extensive changes to the agreements or reductions of bonds held on these projects will still be brought to the Board as individual agenda items.
Projects whose SIAs are included in this resolution are as follows:
Promontory Village 7 - Unit 5, TM 16-1530 (District 1)
Campobello Unit 1, TM 05-1403R (District 2)
Alto LLC - Phase 1, TM 06-1408 / PD 06-0006 (District 4)
Hawk View - Unit 1, TM 00-1371-R ...
Click here for full text