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HomeMy WebLinkAbout1975-02-04; City Council; 3287; CT 71-02 Lakeshore Gardens Mobile Home Park Agreement with Sequoia Pacific to substitute a cash deposit in lieu of Avenue Encinas median landscapingJtHE CITY OF CARLSBAD, CALIFORNIA Agenda Bill MO.Date February k, 1975 Referred To: Subject: CT7|"-2 Lakeshore Gardens Mobile Home Park Submitted By: Agreement with Sequoia Pacific to substitute a cash deposit in lieu of Avenida Encinas City Engineer median landscaping. Statement of the Matter Sequoia Pacific Realco, who is developing a mobile home park at Poinsettia Lane between 1-5 and the ATS-SF railroad, has entered into secured -agreement to improve, the westerly half of Avenida Encinas. A raised, landscaped median is required. Sequoia Pacific has completed the half-street public improvements except for the median landscaping, wnich the Engineering Department agrees is impractical until the easterly half of the median is constructed. The proposed agreement to accept a cash deposit in lieu of ha 1 f - median landscaping will allow the release of bonds while retaining provisions to landscape the westerly half of the Avenida Encinas median when the easterly half is constructed and landscaped. Exhibit A. Resolution - B . Ag reernent/ Staff Recommendations to City Manager Adopt Resolution No. ^^ ^^authorizing Mayor to execute the subject agreement. W AB Wo.Date: February 4, 1975 City Manager's Recommendation Concur with staff. Council Action . • 2-4-75 At the request of the staff this matter was continued to February T8, 1975. • 2-18-75 Resolution #3585 was adopte-d, authori zi hg Mayor .to execute agreement with Sequoia Pacific to substitute cash deposit •in lieu of Avenida Encinas median landscaping. • Q 2</j g siS §. u <c §o"zi> 2g i^<2 00 0 3 Ju; . 3<. uj Oi_ > 2 !£ 8 0UJ Z CM <[ M§"S>t ^fc "f-o >» 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 3585 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN AGREEMENT BETWEEN THE CITY OF CARLSBAD AND SEQUOIA PACIFIC REALCO FOR ACCEPTANCE OF CASH IN LIEU OF MEDIAN LANDSCAPING, AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT . The City Council of the City of Carlsbad, California, does hereby resolve as follows: 1. That that certain agreement between the City of Carlsbad and Sequoia Pacific Realco for payment of cash in lieu of median landscaping, a copy of which is attached hereto marked Exhibit A and incorporated herein by reference, is hereby approved 2. That the Mayor of the City of Carlsbad is hereby authorized and directed to execute said agreement for and on behalf of the City of Carlsbad. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad, California, held on the 18th day of February / 1975, by the following vote, to wit: AYES: Councilmen Frazee, Chase, Lewis, Skotnicki and Councilwoman Casler NOES: None ABSENT: None ^. A $r&/C .^ flROBERT C. FRAZEE, Mayor ATTEST: Q_ /j / ^ /^^7/ /£-£sfA-j£t3s c? . ///<f&f^<7i^£'s' MARGARET E. ADAMS, tity Clerk (SEAL) AGREEMENT FOR ACCEPTANCE OF CASH IN LIEU OF MEDIAN LANDSCAPING THIS AGREEMENT is made and entered into this day of February _ , 1975, by and between the CITY OF CARLSBAD, a municipal corporation (hereinafter referred to as "City") and SEQUOIA PACIFIC REALCO, a California general partnership (hereinafter referred to as "developer") ; RECITALS; WHEREAS, the developer has entered into a secured subdivision improvement agreement (CT 71-2) for the construc- tion of the westerly half of Avenida Encinas along the frontage of the developer's property; and WHEREAS, the developer has caused the construction of Avenida Encinas to be completed, excepting the land- scaping of the westerly half of the median of such street improvements; and WHEREAS, the developer has requested that the City accept the improvements, release the corresponding improve- ment security, and accept a cash payment in lieu of said landscaping; and WHEREAS, the City agrees that such request provides a more practical method to landscape the Avenida Encinas median; NOW, THEREFORE, the parties hereto agree as follows: 1. Developer will pay $14,000.130 to the City in lieu of the landscaping of 16,872 square feet of the median of Avenida Encinas along the frontage of subject subdivision. Acceptance by City of said amount will fully satisfy devel- oper's obligations in that regard. Upon acceptance of said payment. City will release the faithful performance bond and the labor and material bond being held to secure said landscaping. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed the day and year first herein- above mentioned. , CITY OF CARLSBADI VZ^. +By_ Rofbert C. Frazee, Mayor 'ATTEST: .N^'v. '^.& ^ \ Marijaret E. Adams, 'City Clerk «/ SEQUOIA PACIFIC REALCO B APPROVED AS TO FORM: Vincent F. BionSb, Jr.^'^ ^ City Attorney 2.