File #: 23-0145    Version: 1 Name:
Type: Release of Security Status: Passed
File created: 2/2/2023 In control: City Council
On agenda: 2/15/2023 Final action: 2/15/2023
Title: Release of the improvement and survey monumentation security posted by West Corona Freeway Center Owner, LLC, for Parcel Map 37763 located at 2410 Wardlow Road.
Attachments: 1. Staff Report, 2. Exhibit 1 - Location Map
REQUEST FOR CITY COUNCIL ACTION



DATE: 2/15/2023

TO: Honorable Mayor and City Council Members

FROM: Planning & Development Department

SUBJECT:
Title
Release of the improvement and survey monumentation security posted by West Corona Freeway Center Owner, LLC, for Parcel Map 37763 located at 2410 Wardlow Road.

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EXECUTIVE SUMMARY:
This staff report asks the City Council to accept the public improvements and release the securities for the improvements and survey monumentation associated with Parcel Map 37763 (PM 37763). The owner has completed the required public improvements and survey monuments required for PM 37763, which is located at 2410 Wardlow Road.

RECOMMENDED ACTION:
Recommended action
That the City Council:

a. Accept the public improvements associated with Parcel Map 37763.

b. Retain twenty-five percent (25%) of the Faithful Performance Security for one year beyond the acceptance of the 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 No. 4446736).

c. Retain the Labor and Material Security for six months beyond the acceptance of the improvements and automatically release the security, unless claims are filed. (Bond No. 4446736).

d. Release the Survey Monumentation Security (Bond No. 4446735).

e. Find that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3) of the CEQA Guidelines.

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BACKGROUND & HISTORY:
Parcel Map 37763 was approved by the City Council on July 1, 2020. The parcel map subdivided 4.47 acres into two parcels for commercial condominium purposes located at 2410 Wardlow Road. The project site is located within the Westgate Specific Plan and zoned Industrial Commercial Development District (ICDD). The parcel map created condominium units within an existing 68,340 square-foot commercial building that allowed the tenant spaces to be individually sold.

On March ...

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