AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 4/4/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to accept the public improvements associated with Assessor's Parcel Number 275-181-016, now 1402 Trudy Way - Orchard Glen Community Association; and release the appropriate Improvement Securities.
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RECOMMENDED ACTION:
Recommended action
That the City Council accept the public improvements associated with 1402 Trudy Way and take the following actions:
1. Retain twenty-five percent of the Faithful Performance Security for one year beyond the acceptance of the improvements as security for repair or replacement of any improvements that fail to meet City Standards at the end of the one-year period. (DEP 16-0174)
2. Retain the Labor and Material Security for six months beyond the acceptance of the improvements, and automatically release the security unless any claims are filed. (DEP 16-0175)
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ANALYSIS:
On November 16, 2016, the City entered into an Improvement Agreement with Orchard Glen Community Association (the HOA) for the construction of electrical improvements in the public right-of-way. The improvements provide lighting to existing Association-maintained pillars located along Trudy Way at the entrance to the community. The HOA is responsible for the maintenance of the electrical improvements.
All public improvements secured by this agreement have been completed and inspected to City specifications.
Twenty-five percent of the Faithful Performance Security will be retained for a period of one year to guarantee repair or replacement of any improvements that fail prior to the end of the one-year period. Any written claims against the performance security must be made prior to the one-year guarantee period, which is set to expire on April 4, 2019. City Staff must release the Faithful Performance Security one year after acceptance of the improvements...
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