Title
Transportation Department recommending the following pertaining to the Barnett Business Park Unit II assuming the Board approves the recommended action requested under the companion item 07-1681, requesting a change in the improvement required as traffic mitigation (item 18) of Tentative Parcel Map P99-13:
(1) Authorize Chairman to sign the First Amendment to Agreement to Acknowledge Termination of Agreements of Barnett Business Park Fee between KFRD Investments, Inc. and Joe Vicini, Inc (Termination Agreement);
(2) Authorize Chairman to sign the First Amendment to Road Improvement Agreement for Durock Road/Business Drive between the County and the Developer (KFRD Investments, Inc.) after signature by all parties of the Termination Agreement discussed in item (1) above;
(3) Authorize Chairman to sign the Reimbursement Agreement for the Intersection Improvements at Durock Road and Business Drive between the County and the Developer (KFRD Investments, Inc.) consistent with Option 1 (three year payment) or Option 2 (single payment) after signature by all parties of agreements listed above in items (1) and (2).