Title
Transportation Department recommending the Board approve and authorize the Chairman to sign Parcel Map Improvement Agreement AGMT 08-52577 with United Property and Investment, LLC, for funding of road and drainage improvements for the Lee Parcel Map P06-0017 project.
FUNDING: Developer funds.
Body
Fiscal Impact/Change to Net County Cost:
There is no impact to the County General Fund associated with this agreement. The improvements will be paid for by the property owner who is developing the parcel.
Reason for Recommendation:
The Tentative Map for the Lee Parcel Map Project P06-0017 was approved by the Board of Supervisors on March 25, 2008. The parcel is located north of Salmon Falls Road off of Lakehills Drive in the El Dorado Hills area and proposes to split the parcel into three lots of 3 acres, 3.3 acres, and 4.1 acres. Under the Conditions of Approval, the property owner is required to enter into this Agreement and is thereby obligated to complete the improvements in accordance with the approved plans, change orders, and itemized cost estimates. The improvements must be completed within two years from the date this Agreement is approved by the Board.
Based upon the Schedule of Improvements, the cost to complete the work is $140,536.06, to be paid by the property owner. There are no Capital Improvement Program (CIP) projects proposed in this area, therefore this Agreement has no provision for reimbursement.
Action to be taken following Board approval:
1. The Board will approve and authorize the Chairman to sign Parcel Map Improvement Agreement # AGMT 08-52577 with United Property and Investment, LLC.
2. The Department will forward one fully executed original Agreement to United Property and Investment, Inc.
Contact:
James W. Ware, P.E.
Director of Transportation
Concurrences:
County Counsel