REQUEST FOR CITY COUNCIL ACTION
DATE: 09/06/2023
TO: Honorable Mayor and City Council Members
FROM: Planning and Development Department
SUBJECT:
Title
RELEASE OF THE GRADING AND IMPROVEMENT SECURITY POSTED BY WOODSIDE 05S, L.P., A CALIFORNIA LIMITED PARTNERSHIP FOR TRACT MAP 37030 LOCATED SOUTH OF EAGLE GLEN PARKWAY AND WEST OF INTERSTATE 15 (APPLICANT: WOODSIDE 05S, L.P.)
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EXECUTIVE SUMMARY:
This staff report asks the City Council to consider accepting the public improvements and the release of the grading and improvement securities for Woodside Homes for the Bedford Six Pack on Lot 13, and Lots 21 through 35. Woodside 05S, L.P. has completed the required precise grading and public improvements associated with the development and is requesting the release of the posted securities.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Accept the improvements associated with the Woodside Homes - Bedford Six Pack on Lot 13, and Lots 21 through 35.
b. Retaining twenty-five percent (25%) of the Faithful Performance Security for one year from the date of acceptance of improvements as security for repair and replacement of any improvements that fail to meet City standards at the end of the one-year period. (Bond#800082072, Bond#LICX1196095, Bond#LICX1195848, Bond#LICX1195847, Bond#800044391, Bond#800044392, Bond#800038302, and Bond#800038301)
c. Retaining the Labor and Material Security for six months from the acceptance of improvements date and automatically release the security unless any claims are filed. (Bond#800082072, Bond#LICX1196095, Bond#LICX1195848, Bond#LICX1195847, Bond#800044391, Bond#800044392, Bond#800038302, and Bond#800038301)
d. Release Grading and Erosion Control Securities. (Bond#800038303, R4305, Bond#LICX1159743, and R9596)
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BACKGROUND & HISTORY:
Tract Map 37030 subdivided approximately 54 acres into 45 lots for condominium purposes and is the first phase of development in the Arantine Hills Specific P...
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