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 PRECISE GRADING SECURITY POSTED BY MELTEADES ECONOMY AND JEANIE ECONOMY, TRUSTEES OF THE 2018 ECONOMY FAMILY TRUST, DATED MAY 8, 2018, AND ANY AMENDMENTS THERETO FOR 4330 GREEN RIVER ROAD (APPLICANT: MELTEADES ECONOMY AND JEANIE ECONOMY, TRUSTEES OF THE 2018 ECONOMY FAMILY TRUST)
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EXECUTIVE SUMMARY:
This staff report asks the City Council to release the grading security for 4330 Green River Road. The Economy Family Trust has completed the required precise grading and drainage improvements associated with the development of the property located at 4330 Green River Road and is requesting the release of the posted grading securities.
RECOMMENDED ACTION:
Recommended action
That the City Council release the Grading and Erosion Control Securities. (Bond No. R4439260 and Receipt No. R23565)
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BACKGROUND & HISTORY:
The City Council at its meeting on October 7, 2020, entered into grading agreements with the applicant for the construction of a 2,243 square-foot restaurant with drive-through services on 0.398 acres located at 4330 Green River Road. The project is located on the south side of Green River Road, east of Dominguez Ranch Road within an existing commercial center.
The grading and drainage improvements of the property have been completed by the applicant. All on-site improvements have been inspected by City staff.
ANALYSIS:
The site was graded in accordance with all City standards and the approved grading plans. Therefore, it is appropriate to release the grading and erosion control securities posted for the property. The below table describes the grading securities posted for the property.
PWGR2020-0003
Faithful Performance
Erosion Control
Precise Grading & Drainage Improvements
Security No.
Amount
Security No.
Amount
Bond No.4439260
$20,500
R23565
$2,500
FINANCIAL ...
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