Title
Community Development Agency, Transportation Division, recommending the Board approve and authorize the Chair to sign Amendment #4 to Subdivision Improvement Agreement AGMT 07-1495 with K. Hovnanian at Blackstone, LLC, extending the performance period to February 7, 2016.
FUNDING: Developer Funded. (No Federal Funds)
Body
Fiscal Impact/Change to Net County Cost
There is no fiscal impact and no change to Net County Cost associated with this item.
Background
On January 29, 2013, the Board of Supervisors (Board) authorized Amendment #1 to the West Valley Village Subdivision Improvement Agreement 6C (AGMT #07-1495) extending the performance period to February 7, 2013. On February 4, 2014 the Board approved Amendment #2 extending the performance period to February 7, 2014 and authorized preparation and execution of Amendment #3 to extend the performance period to February 4, 2015.
The Cost estimates and bond amounts for the work yet to be completed, and prepared by the Developer's Registered Civil Engineer remain unchanged from that shown in Amendment #1, and have been found by Transportation to be sufficient to protect the County's interests.
Reason for Recommendation
The construction of this subdivision is nearly complete. This extension will allow the Owner/Developer time to complete any remaining items and finalize the project.
Clerk of the Board Follow Up Actions
1) The Clerk will obtain Chair's signature on the two (2) originals of the Fourth Amendment to Subdivision Improvement Agreement # AGMT 07-1495 with K. Hovnanian at Blackstone, LLC.
2) The Clerk will return one original to the Transportation Division.
Contact
Bard R. Lower, Transportation Division Director
Community Development Department
Concurrences
County Counsel