Hemet

City Council

January 24, 2023 Order of Business 7 #G

Agenda Item G

7.G A Resolution of the City Council of the City of Hemet, California, 155 - 213\nApproving Replacement Subdivision Improvement Agreement,\nAcceptance of Public Improvements, Reduction of Improvement\nSecurity to 25% of the original value for Tract Map No. 33824, located in\nMcSweeny Farms, south of McSweeny Parkway and east of South\nVillage Loop (D.R. Horton Los Angeles Holding Company, Inc., a\nCalifornia Corporation), and release of existing Subdivision\nImprovement Agreement and Improvement Security provided by\nMcSweeny Recovery Acquisition, LLC\nStaff Report #23-009 - Pdf\nRecommendation:\nIt is respectfully recommended that the City Council:\nAdopt a Resolution of the City Council of the City of Hemet, California,\nApproving Replacement Subdivision Improvement Agreement,\nAcceptance of Public Improvements, Reduction of Improvement\nSecurity to 25% of the original value for Tract Map No. 33824, located in\nMcSweeny Farms, south of McSweeny Parkway and east of South\nVillage Loop (D.R. Horton Los Angeles Holding Company, Inc., a\nCalifornia Corporation), and release of existing Subdivision\nImprovement Agreement and Improvement Security provided by\nMcSweeny Recovery Acquisition, LLC.