City of Tulare AgendaPacket 2026-06-16
City Defers Prosperity Avenue Improvements with Developer Pact
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Description
The City of Tulare plans to enter into a short-term deferred improvement agreement with SJV Horizontal, LLC to postpone certain Prosperity Avenue frontage improvements for the F&C Farming subdivision Phase 1 for up to five years or until Phase 3 public improvements begin. The agreement will be backed by performance and payment bonds to ensure the required street, median, lighting, and pavement work is ultimately completed.
Contract Details
Vendor
SJV HORIZONTAL LLC
Agency
City of Tulare, CA
Contract Type
CONSTRUCTION
Document Date
June 16, 2026
Contract Term
Maximum of 5 years, or prior to commencement of construction of Phase 3 of the F&C Farming subdivision, whichever occurs first
Renewal Info
Short-term deferred improvement agreement terminates upon completion of required Prosperity Avenue improvements or at the earlier of five years from execution or commencement of Phase 3 public improvements.
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