Authorizing the City Manager to execute a Subdivision Improvement Agreement with Shea Homes, Inc., for the installation and completion of certain public improvements. Approving the final map. This map proposes the subdivision of a 10.544 acre site into 2 lots for residential development of 135 townhome units. It is located north of Scripps Poway Parkway and westerly of Spring Canyon Road in the Miramar Ranch North Community Plan area. The City Engineer has approved the final map and states that all conditions of the Tentative Map have been satisfied.
All improvements are to be completed within two years.
The survey monuments are existing, so there is no bond required for the setting of survey monuments. This subdivision is located in the Miramar Ranch North Community Plan Area, which has a Development Agreement in effect which provides for the financing of public facilities, including parks. CalTrans is planning to widen Interstate 15 to provide additional lanes in the vicinity of this project.