Title
a. Approve and authorize the Chair to sign the Owner's Statement consenting to the making and recordation of the Final Subdivision Map for East Garrison Phase 3 in regard to those properties within Phase 3 that are owned by the Successor Agency; and
b. Approve and authorize the Chair to sign the Subdivision Improvement Agreement for East Garrison Phase 3 as a consenting property owner.
Report
RECOMMENDATION:
It is recommended that the Board of Directors of the Successor Agency to the Redevelopment Agency of the County of Monterey:
a. Approve and authorize the Chair to sign the Owner's Statement consenting to the making and recordation of the Final Subdivision Map for East Garrison Phase 3 in regard to those properties within Phase 3 that are owned by the Successor Agency; and
b. Approve and authorize the Chair to sign the Subdivision Improvement Agreement for East Garrison Phase 3 as a consenting property owner.
SUMMARY/DISCUSSION:
The Successor Agency to the Redevelopment Agency of the County of Monterey owns five parcels totaling 12.2 acres of property in the Phase 3 area of the East Garrison development. Ownership of these properties, known as the "Carve-Out Parcels", was retained by the Agency when the balance of the development area was sold to the initial developer in 2007. The properties were retained so the Agency could develop the "public facilities" described in the East Garrison Specific Plan and in accordance with the Disposition and Development Agreement, including the future library and Sheriff field office, the Arts-Historic District development, and public recreation facility.
As the owner of property within the Phase 3 area, the Successor Agency must agree to sign the Final Tract Map and the Subdivision Agreement. The recommended action will formalize the consent of the Successor Agency to subdivide these properties into their final configurations and agreement to the terms and conditions of the Subdivision Improvement Agreement for ...
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