File #: 17-818    Version: 1 Name:
Type: Agreement Status: Agenda Ready
File created: 6/8/2017 In control: City Council
On agenda: 6/21/2017 Final action:
Title: City Council and Corona Utility Authority consideration to authorize the Mayor to execute Improvement and Survey Monumentation Agreements for Tentative Tract Map 36541, located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande - Ryland Homes Of California Inc., a Delaware Corporation.
Attachments: 1. Exhibit A- Location Map, 2. Agreements, 3. Sierra Bella Agreement - Executed 6.21.2017
AGENDA REPORT
REQUEST FOR CITY COUNCIL AND
CORONA UTILITY AUTHORITY ACTION




DATE: 6/21/2017

TO: Honorable Mayor and City Council Members
Honorable President and Board Members

FROM: Public Works Department
Department of Water and Power

SUBJECT:
Title
City Council and Corona Utility Authority consideration to authorize the Mayor to execute Improvement and Survey Monumentation Agreements for Tentative Tract Map 36541, located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande - Ryland Homes Of California Inc., a Delaware Corporation.

End
RECOMMENDED ACTION:
Recommended action
That the:

1. City Council authorize the Mayor to execute Improvement and Survey Monumentation Agreements between the City and Ryland Homes of California Inc., a Delaware Corporation.

2. Corona Utility Authority (CUA) review, ratify and to the extent necessary direct that the City Council take the above actions.

Body
ANALYSIS:
Ryland Homes of California, Inc. is a subsidiary to CalAtlantic Group Inc., the record owner of Tentative Tract Map 36541, which is located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande, as shown on Exhibit "A." On May 1, 2013, the City Council approved Tentative Tract Map 36541, a subdivision of approximately 311 acres into 237 single-family residential lots. Tentative Tract Map 36541 is comprised of three phases known as Tract 36541, Tract 36541-1, and Tract 36541-2, also shown on Exhibit "A." The property is within the Sierra Bella Specific Plan (SP04-001), which was adopted by the City Council on August 17, 2005, and amended (SPA12-005) on May 1, 2013.

Ryland Homes of California, Inc. will enter into Improvement Agreements with the City, and post sufficient securities to guarantee construction of the Zone 5 Emergency Booster Station and the Booster Station retaining wall.

In accordance with the Subdivision Map Act, the developer will enter into Survey Monumentation Ag...

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