RECOMMENDATION(S):
ADOPT Resolution No. 2021/46 approving the Road Improvement Agreement for development plan permit DP14-03041, for a project being developed by IPT Richmond DC III LLC, North Richmond area. (District 1)
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
Pittsburg Avenue frontage improvements are required by the conditions of approval for this development. By entering into this agreement and providing improvement security, the developer is allowed to obtain building permits for the development.
CONSEQUENCE OF NEGATIVE ACTION:
The Road Improvement Agreement will not be approved, and the developer will be required to construct all road improvements prior to obtaining building permits.
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