File #: CC-19-475    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 4/24/2019 In control: City Council
On agenda: 6/11/2019 Final action: 6/11/2019
Title: Request City Council to Adopt Resolution No. 7527 Approving a Construction Fee Credit and Reimbursement Agreement by and between the City of Rialto and Christopher Development Group, Inc. and Adopt Budget Resolution No. 7528 amending the FY18/19 Budget to increase expenditures of $850,734 for Regional Traffic Fee Street Improvements and $7,677 for Street Median Fee Improvements and to increase Revenues of $522,042 for the Regional Traffic Fee and $7,677 for the Street Median Fee. (ACTION)
Attachments: 1. PowerPoint.pdf, 2. Exhibit A - Site Map.pdf, 3. Exhibit B - Site Plan.pdf, 4. Exhibit C - PPD No. 2018-0062 (Christopher Homes).pdf, 5. Exhibit D - Construction and Credit Agreement 6.5.19a.pdf, 6. Exhibit E - Foothill Blvd. Const. Cost Estimate 04.16.19 Final.pdf, 7. Exhibit F - Street Median Plan.pdf, 8. Exhibit G - Summary of Fee Credits and Reimbursements for Christopher Homes.pdf, 9. Exhibit H - Agreement Resolution, 10. Exhibit I - Budget Resolution
For City Council Meeting [June 11, 2019]
TO: Honorable Mayor and City Council
APPROVAL: Sean Grayson, Interim City Administrator
FROM: Robb Steel, Assistant CA/Development Services Director

Title
Request City Council to Adopt Resolution No. 7527 Approving a Construction Fee Credit and Reimbursement Agreement by and between the City of Rialto and Christopher Development Group, Inc. and Adopt Budget Resolution No. 7528 amending the FY18/19 Budget to increase expenditures of $850,734 for Regional Traffic Fee Street Improvements and $7,677 for Street Median Fee Improvements and to increase Revenues of $522,042 for the Regional Traffic Fee and $7,677 for the Street Median Fee.
(ACTION)

Body
BACKGROUND:
Christopher Development Group, Inc., ("Developer") submitted various planning and development applications (PPD 2018-0062 and EAR 2018-0066) to the City to develop 66 detached single family dwelling units and 118 attached townhome dwelling units. The Project is located on 16 acres of land at 1096 W. Foothill Boulevard on the north side of Foothill Boulevard and west of Spruce Avenue (the "Project") (see map attached as Exhibit A and Project Site Plan as Exhibit B).

On November 7, 2018, the Transportation Commission reviewed the Traffic Study for the Project and set related conditions of approval. On March 13, 2019, the Development Review Committee ("DRC") approved the Precise Plan of Design subject to Conditions of Approval (Exhibit C). The Conditions of Approval for the Project require Developer to construct specified off-site improvements in accordance with the Foothill Boulevard Specific Plan ("Off-Site Improvements") including:

(i) Widening and reconstructing the existing roadways to the full width improvement standard (120') along the Project's frontages on the north side of the centerline of Foothill Boulevard; and,

(ii) Construct a 16-feet wide raised landscaped median island along the Foothill Boulevard frontages.

Developer agreed to construc...

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