21-980
Recommended Action: It is recommended that the City Council approve the attached Improvement and Reimbursement Agreement (Agreement) between the City and CRP/NC Hesperia Owner, LLC (Newcastle) for 1) the construction of a traffic signal at the intersection of U.S. Highway 395 and Poplar Street, to enhance public safety and support future development in the area, and which is related to Newcastle’s development and construction of an approximately 408,977 square-foot industrial building, located at the southwest corner of Mesa Linda Street and Sultana Avenue; and 2) allow Newcastle to utilize an interim truck route for access to and from their project site until such time that a traffic signal is completed at the intersection of Highway 395 and Poplar Street and require Newcastle to place a bond into an escrow account that is equal to the amount of the estimated traffic signal costs; and authorize the City Manager, or designee, to execute the Agreement.
- Committee
- City Council
- Requested by
- Development Services
- Introduced
- February 21, 2025
- On agenda
- March 4, 2025
Where it was heard
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