AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 9/19/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to authorize the Mayor to execute Grading, Improvement, and Survey Monumentation Agreements for Parcel Map 37022 - East 6th Street LP, a California Limited Partnership.
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RECOMMENDED ACTION:
Recommended action
That the City Council authorize the Mayor to execute Grading, Improvement, and Survey Monumentation Agreements between the City and East 6th Street LP, a California Limited Partnership.
Body
ANALYSIS:
Parcel Map 37022 is a subdivision of approximately 4.01 acres to consolidate 10 parcels into one parcel for an affordable housing project consisting of 85 apartment units, originally approved by City Council on June 1, 2016. The project is located on the south side of East Sixth Street, north of Circle City Drive, and approximately 150 feet west of Rimpau Avenue in the Transitional Commercial Zone of the Downtown Corona Revitalization Specific Plan area, as shown on Exhibit "A."
The owner, East 6th Street LP, will enter into an Improvement Agreement with the City and post sufficient securities to guarantee the construction of public street, water, sewer, and storm drain improvements associated with the project. Per the conditions of approval for the project, the owner will also enter into a Cost Sharing Agreement for the construction of a 12-inch waterline on East Sixth Street, which will be introduced as a future Council action. The amount to be funded will be determined once a bid for the work is received and accepted.
In compliance with Grading Ordinance No. 2568, the owner will enter into a Grading Agreement to secure the precise grading operations, which include drainage improvements. A cash deposit has been posted to guarantee erosion control. The grading design conforms to the Grading Ordinance and is consistent with sound engineering standards and ...
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