File #: 22-0777    Version: 1 Name:
Type: Release of Security Status: Passed
File created: 9/20/2022 In control: City Council
On agenda: 10/5/2022 Final action: 10/5/2022
Title: Release of the rough grading and private storm drain securities posted by Lennar Homes for Tract Maps 36541-1, 36541-2, and 36541 located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande.
Attachments: 1. Staff Report, 2. Exhibit 1 - Location Map
REQUEST FOR CITY COUNCIL ACTION



DATE: 10/05/2022

TO: Honorable Mayor and City Council Members

FROM: Planning and Development Department

SUBJECT:
Title
Release of the rough grading and private storm drain securities posted by Lennar Homes for Tract Maps 36541-1, 36541-2, and 36541 located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande.

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EXECUTIVE SUMMARY:
This staff report asks that the City Council consider the release of the rough grading and private storm drain securities for Tract Maps 36541-1, 36541-2, and 36541, which is known as the Sierra Bella community, located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande. The rough grading and private storm drain has been completed and constructed by the developer. This action will release the securities posted by the developer.

RECOMMENDED ACTION:
Recommended action
That the City Council release the rough grading and erosion control and private storm drain securities for Tract Maps 36541-1, 36541-2, and 36541 (Bond No. 105198 FP and Receipt No. DEP16-0095).

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BACKGROUND & HISTORY:
Tentative Tract Map 36541 (TTM 36541) was recorded in three phases, Tract Map 36541-1, Tract Map 36541-2 and Tract Map 36541 (Final), which subdivided approximately 311 acres into 237 single-family residential lots. The final maps for all three phases were approved by the City Council on April 18, 2018. The project site is designated Low Density Residential 1 (LDR 1) of the Sierra Bella Specific Plan (SP04-0001) and Rural Residential II (RR II) of the General Plan.

On August 3, 2016, Ryland Homes of California, Inc., a subsidiary to CalAtlantic Group, Inc., and the original owner of the project, entered into a Grading Agreement with the City and posted securities to guarantee the construction of rough grading and private storm drain improvements associated with Tract Maps 36541-1, 36541-2, and 36541. On October 21, 2020, the City Council approved a fift...

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