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• <br />• <br />STAFF ORIGINATOR: <br />C. C. MEETING DATE: <br />TOPIC: <br />VOTE REQUIRED: <br />BACKGROUND: <br />AGENDA ITEM 7E (i) <br />Michael Grochala <br />October 13, 2003 <br />Consideration of Resolution No. 03-178 <br />Approving Apollo Center Site Improvement <br />Performance Agreement <br />Simple Majority <br />The City Council is considering approval of a Conditional Use Permit for an <br />Automobile and Truck Repair Facility as part of an approximately 15,000 square <br />foot retail and service center, with conditions per Resolution No. 03-177 on <br />October 13, 2003. <br />In accordance with the condition of approval staff has prepared a Site <br />Improvement Performance Agreement. The agreement provides for the <br />following: <br />1. Submittal by the developer of a Letter of Credit representing thirty-five <br />(35) percent of the site improvement costs to insure completion of the <br />project in accordance with the approved plans. <br />2. Deposit of a cash escrow to reimburse the City for costs incurred by the <br />City related to the development and improvement of the site and <br />assessments for previously installed public improvements. <br />The developer has reviewed the agreement and is aware of the conditions <br />setforth. <br />RECOMMENDATION: <br />Staff is recommending approval of Resolution No. 03-178 approving the Site <br />Performance Agreement. <br />ATTACHMENTS <br />1. Resolution No. 03-178 <br />2. Site Performance Agreement <br />