HomeMy WebLinkAboutWALTER A. FROME - 1977-05-02r
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CITY OF HUNTINGTON BEACH
DEPARTMENT OF PUBLIC IC WAORKS
APPLICATION AND AGREEMENT FOR VAINAGE 'ItEt DEFERMENT
The developer/owner i, devolopinr 7 37 acres of
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property within the city. be present drainage fee for this
acreage i- $19, 342. 50, The 1,era) dee>eription of the boundary'
of thii5 property is as Pollowa;
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Parcels 2 and 3 'af a Farce! Map, recorded in i3ciok 95
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at pages 28 and 29 records of Orange Gouaty.
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The deve lopn nt de zcribed above lz: (cheek ore)
Open apace dove lopmen,t � �� Industrial devolopm-enta. .
For Open ice Development: A depo it or N/A �
repreaentlnr lU percent of t, ,e drValnaire 1*cwt rcrtuired az of t hi,
date, lz 4�orehdr paid and rerplpt saoknow?.Pdr,,-d. An additional 25
percent of the drainage foe requir.,d tshall be paid five ( ) years
f"rora t;hio, date: k The 6+ , pf$rc+:nt ohall be paid tor. (10)
yearao from this datfe. '7heze depoolto ,hall he rtetaln d by the
City and: appliod to the {,rani na e foe In effeet at the
expiration ot"' thi . def"ement:, Thij deferment expl:x ez NIA
or cooner to the event fef�, axle not paid when due.
.Pop A each depooit of
r xt 20 p i gent or the. r aina � : ee r qua ��� as�� ��Y�
a . to io boreby paid and reoe t .*�t. ack now edp--od. The re maining
G pei*aentr zhall to pal,d at the rite of 80 portent per year for
the following Pour (14) years on ttsz, anniveraary d,a.,e )r thi
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;rootrert,, '1. f rfex''er�x ent ex lr Asa j ' 1 r ea on in
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the evert fees are not paid when due
In the event tGIs agreement conflicts with or contra.
dicts any city ordi,.nance, the ordinance provisions shall prevail
ov,r the terms of thi agrtc.,,ent .
EXECUTED In, Huntlne;ton Beach, C"ifornia on th ,, 2nc?
SIay of lay , 197 r
A'TTES
Alicia M. Ventworth -7 �er� �+
City Clerk
Deputy City erg
REVIEWED AND APPROVED: APPROMID, AS TO FORD,:
city
INITIATED AND APPROVED
AS TO CON 'ENT
3Ttc2xcy 3 '
Telephone Nva_; 714) Q
Date ,Apra Ziff 1977
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.1J , City of Huntington Beach
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P.O. BOX 190 CALIFORNIA 926se
ENGINEERING DEPAR'INMN'T
April 22, 1977
Honorable Mayor "
and City CounrAl
City of Huntington Beach
Attention: Lloyd G. Be,si.to
City Adm .nivtrator
Subject: rr :ent for Drainage Fee
Uefermant 177—' .- Northwest Corner
of Slater and Nichols
Dear Council ,ember's:
Transmitted herewith is an agreement for d,raxn,xgr lee defer-
ment between the City and. Walter A. Frome, Jr. for hi` ,_dustrial
deVelopment at the northwest corner of Slater and Nichols. Nr.
:Liss„3e is developing 7.7 acres of property and has applied for
deferment ofa poxti,,n of the drainage fees required Pot his
Mdustri.al development in accordanoe with Section 14.48.080 of
the Huntington Beach Municipal Code.
The, current drainage fees xegc xired for the stib;,ect develop-
ment is 019,,342.50. Mx. Frome ha,� paid a cash deposit for $3', 868. S0
which represents 20 percent of the required drainage fees. Tho
*remaining 60 percent, will be paid at a rate of 20 percent per year
for tie following four (4) years on the anniversary date of the t
deferment.
It is xeco maended that. your Hop.,,.able Body approve the defer-
anent and aut borii,xe the exeoution of the agreement by the Mayor l
4 City Clerk,
Very trulyyours, t
Director of Public Works
Tart.