YC parkway gets boost
Work on an intersection with Colusa Avenue and the Western Parkway that was stalled by city employee turnover and lack of money could be moving ahead - thanks to the developer putting up a $1.7 million bond.
The Yuba City Planning Commission will consider an agreement tonight that would let Centex Homes, of Roseville, build more homes in its Teal Hollow subdivision now that a much-needed intersection of Western Parkway with Colusa Avenue appears to be moving ahead with Centex help.
Commissioners may tear up part of a 2005 subdivision agreement which limited the Teal Hollow subdivision to 40 homes until the new Western Parkway intersection is completed. The partly built parkway is in the city's general plan as a north-south thoroughfare.
Instead, if planning commissioners approve, the developer will be able to go ahead with half of 80 more homes, the next phase of the 123-home subdivision.
City officials are also proposing to cut Centex Homes' share of the intersection costs from 25 percent to just over 10 percent. A traffic engineer hired by the city said the developer should only be responsible for 10.1 percent.
Centex is fronting the money to the city with a $1.7 million bond to pay for the Western Parkway intersection and planning required for it.
A report shows the city did not collect enough money from another developer, KB Home, to pay for a costly report required for the intersection. KB Home is building the Walnut Park Estates project, a major subdivision on the city's western edge.
Centex offered to take the lead in building the intersection earlier this year after learning the city did not have the money to pay for the connection or a study that was required for it, according to the report.
A city staff report shows construction of the Western Parkway intersection is expected to be completed in spring 2008.
Appeal-Democrat reporter John Dickey can be reached at 749-4711. You may e-mail him at firstname.lastname@example.org.
know and go