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Public Hearings   .
Regular Board of Supervisors Meeting
Meeting Date:
05/07/2019
Title:
Substitution and Extension of the Assurance Agreement for the Rolling Hills Subdivision
Submitted By:
Robert Kirschmann, Development Services
Department:
Adult Probation
Division:
Presentation:
PowerPoint
Recommendation:
Approve
Document Signatures:
BOS Signature Required
# of ORIGINALS
Submitted for Signature:
1
NAME
of PRESENTER:
Robert Kirschmann
TITLE
of PRESENTER:
Planner II
Mandated Function?:
Not Mandated
Source of Mandate
or Basis for Support?:
Docket Number (If applicable):
S-02-02

Information

Agenda Item Text:

Approve a Substitution and Extension of the Assurance Agreement for Rolling Hills Subdivision with Pioneer Title Agency, Inc as Trustee under Trust No. 70902658, through April 30, 2022. 

Background:

This request is for approval of a Substitute Assurance Agreement and Extension for the Rolling Hills Subdivision.  The Rolling Hills Subdivision consists of 55.55 acres, zoned SM-36, which was to be developed in five phases consisting of a total of 61 lots all greater than 36,000 square feet. 

The Board of Supervisors approved the Final Plat in 2003. An extension to the Assurance Agreement was approved in 2006, expiring in 2014.  The request before the Board now is for a total of 8 years, bringing the assurance agreement current and expiring on April 30, 2022.
 

Department's Next Steps (if approved):

If approved, the Chairwoman will sign the Assurance Agreement and it will be recorded with a new expiration date of April 30,2022.

Impact of NOT Approving/Alternatives:

The completion of subdivision improvements for the remaining phases of the subdivision would not be secured under an approved Assurance Agreement

To BOS Staff: Document Disposition/Follow-Up:

Please secure the necessary signatures on the original Assurance Agreement document and send to Planning staff for recording of the document.

Fiscal Impact

Attachments