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FINANCIAL/FISCAL E%IPACT: <br />Fees for plan check of public improvements have been collected. Traffic impact and Public Works <br />permit fees will be collected prior to issuance of building permits. <br />RECOMMENDATION: <br />Staffs recommends that the City Council authorize the signing of the Subdivision Agreement, accept <br />and approve Tract 16322 for recordation and the street dedications and easements for utility <br />purposes. <br />Attachment: Subdivision Agreement <br />Performance, Labor and Materials Bonds <br />Reduction Map of Tract Map 16322 <br />Torres — Public Services/ <br />REVIEW TEAM ONLY <br />City Attorney: Finance Director: <br />City Manager: OTR: <br />