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<br />6.18 <br />Page 1 <br /> <br />REPORT <br /> <br />To the HonorabJe Mayot and city Council <br />Ft(Jmm~ cr.; 1VI~1l. .er <br /> <br />May 19, 2008 <br /> <br />SUBJECT <br />Subdivision Agreement -- 718 Canyon Road, Gary W. Ernst, Parcel Map 2006-01 <br /> <br />RECOMMENDATION <br />Approve the Parcel Map 2006-01 for 718 Canyon Road, accept the dedications, and <br />approve and authorize execution of the Subdivision Agreement. <br /> <br />BACKGROUND <br />On November 21,2005, the Subdivision Committee approved the Tentative Map for the <br />subdivision at 718 Canyon Road. The subdivider, Gary W. Ernst, is ready to record the <br />Parcel Map for this project, subject to the signing of the subdivision agreement. <br /> <br />The subdivision consists of the construction of four single family, residential units. <br />Certain site improvements are required to be installed in order to construct these homes <br />as a condition of approval of the parcel map. Bonds will be required in order to <br />guarantee the completion of these improvements, which include grading, paving, sewer <br />systems, drainage systems, water systems, street lighting, street trees, landscaping, <br />and miscellaneous other site work associated with residential development. <br /> <br />The subdivider's engineers, Macleod and Associates, have completed the <br />Improvement Plans and Final Map respectively, in accordance with the Conditions of <br />Approval, Subdivision Map Act, Redwood City Ordinances, and to the satisfaction of <br />Engineering & Construction Services. <br /> <br />Faithful Performance and labor & Material Bonds, each in the amount of $328,000, are <br />reqUired to be posted for the subdivision improvements, prior to the recordation of the <br />Final Map. The subdivider offers dedication of an easement for public selVices. <br /> <br />A complete copy of the Subdivision Agreement is available for review in the City Clerk's <br />office. <br /> <br />ALTERNATIVES <br />Council may choose not to approve the subdivision. <br /> <br />FISCAL IMPACT <br />All work associated with this project is being paid for by the developer. There is no <br />fiscal impact to the City, other than costs related to the City's required maintenance of <br />the publiC improvements after the improvements are accepted. <br />