SUBJECT: Approval of Public Facilities Impact Fee Credit/Reimbursement Agreement with Stonefield Home, Inc. for improvements on M Street and M Street Circle REPORT IN BRIEF Considers approving Reimbursement of Public Facilities and Impact Fees (PFFP) to Stonefield Home, Inc. in the amount of $114,125.00 for the cost of restriping and minor street modifications to M Street and M Street Circle to complete the one-way direction of M Street Circle. RECOMMENDATION City Council - Adopt a motion: A. Approving the Public Facilities Impact Fee Credit/Reimbursement Agreement with Stonefield Home, LLC for the work of restriping and minor street modifications to M Street and M Street Circle; and, B. Approving a supplemental appropriation from the unreserved, unencumbered fund balance in Fund 3505 Facilities-Roadways Developer Fees in the amount not to exceed $114,125.00, transferring to Fund 5005-Streets and Signals CIP, and appropriating the same in Fund 5005, Project CP270048; and, C. Authorizing the Finance Officer to make the necessary budget adjustments; and, D. Authorizing the City Manager to execute all necessary documents.

What this record is

Held by

Stonefield Home, Inc 3 records across this site

Amount

$114K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

Field

Construction

construction contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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Stonefield Home, Inc also holds

SUBJECT: Public Hearing - General Plan Amendment #24-01, and Northeast Yosemite Specific Plan Amendment #6 (“Paulson Ranch”), Initiated by Stonefield … Merced, CA SUBJECT: General Plan Amendment #24-01, Northeast Yosemite Specific Plan Amendment #6, Zone Change #433, Establishment of Planned (P-D) Development #8… Merced, CA

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Requested by

Engineering Department

Introduced

June 4, 2026

On agenda

July 20, 2026

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Jul 20, 2026

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