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HomeMy WebLinkAboutM1982-0099 - 04/28/1982• 9 MOTIONS - 4/28/82 2. A deferred sidewalk agreement be approved relative to the development of the 113 acre business park known as 100 South Padre. The developer, Sitterle and Companies, requested a sidewalk deferment before the City Council on March 3, 1982, and proposes on initial construction to build all streets within the subdivision but would only plat 20% of the subdivision. The agreement provides for: a. Initial sidewalk construction on one side of a through street for 858 of the distance from Bear Lane to Old Brownsville Road. b. All other required sidewalk to be constructed within 27 months of the subdivision plats being filed for record. C. All sidewalk within the 113 acre subdivision would be completed no later than by June 30, 1986. d. A letter of credit of $85,500 would be provided by the developer to insure the completion of remaining sidewalks with the provision that the City would have the right to draw on the letter of credit to construct sidewalks should the developer fail to do so. The subdivision is bounded by Bear Lane, South Padre Island Drive and Old Brownsville Road. (See staff memo) #7 Sip 1y o6� M82- 0099,,;,