AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 6/21/2017
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to authorize the Mayor to execute a Grading Agreement for 480 North Main Street, also known as Tentative Tract Map 36451, Lot 5 - Corona North Main Development LP, a California Limited Partnership.
End
RECOMMENDED ACTION:
Recommended action
That the City Council authorize the Mayor to execute a Grading Agreement between the City and Corona North Main Development LP, a California Limited Partnership.
Body
ANALYSIS:
Tentative Tract Map 36451 and Precise Plan PP12-005 were originally approved by the City Council on September 17, 2013, for the establishment of a two-phase map to accommodate the development of 464 multi-family residential units, and 77,256 square-feet of commercial retail and store fronts in a mixed use project on 16.82 acres. The developer proposes to construct a 13,131 square-foot commercial building on the property, which is located on the west side of North Main Street between Blaine Street and Rincon Street, as shown on Exhibit "A," and is part of the North Main Street Specific Plan.
In compliance with Grading Ordinance No. 2568, the developer, Corona North Main Development LP, under its general partnership company, Watermark Properties Inc., will enter into a Grading Agreement and post sufficient securities to guarantee the precise grading operations for the commercial building. The grading design conforms to the Ordinance, and is consistent with sound engineering standards and practices. The elevation design minimizes significant height and slope differentials from surrounding properties, while maintaining the City's obligation to protect the health and safety of citizens and property.
The following securities have been posted:
Security No.
Amount
Precise Grading
DEP16-0135
$ 22,900.00
Erosion Control
DEP16-0145
$ 2,500.00
COMMITTEE...
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