RECOMMENDATION(S):
ADOPT Resolution No. 2015/72 initiating proceedings for reversion to acreage of subdivision SD04-08920, subdivided by KPR Balmore Manor, LLC, as recommended by the Public Works Director, El Sobrante area. (Dist. I)
FISCAL IMPACT:
100% Developer Fees and/or Bond Proceeds.
BACKGROUND:
On October 2, 2007 (Resolution No. 2007/546), the Board approved recordation of the Final Map and execution of the Subdivision Agreement for subdivision SD04-08920 and the associated subdivision bonds, the subdivider being KPR Balmore Manor, LLC, for a 25-lot split of a property located at the terminus of Balmore Court in the El Sobrante area. The Subdivision Agreement required the subdivider to complete the improvements within two years of execution.
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