AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 8/15/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to accept the Public Improvements associated with 810 East Grand Boulevard; and release the appropriate Improvement and Grading Securities - Jimmy Diaz and Thao Thanh Pham-Diaz.
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RECOMMENDED ACTION:
Recommended action
That the City Council accept the improvements associated with 801 East Grand Boulevard, and take the following actions:
1. Retain twenty-five percent of the Faithful Performance Security for one (1) 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 (DEP16-0038).
2. Retain the Labor and Material Security for six (6) months beyond the acceptance of the improvements, and automatically release the security unless any claims are filed (DEP16-0039).
3. Release the Grading and Erosion Control Securities (DEP16-0040 and DEP16-0041).
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ANALYSIS:
On April 20, 2016, the City entered Grading and Public Improvement Agreements with Jimmy Diaz and Thao Thanh Pham-Diaz, the owners of a vacant lot located at 801 East Grand Boulevard in the Single Family District of the Downtown Corona Revitalization Specific Plan (SP-98-01). The owners constructed a two-story single-family residence on the 0.34-acre lot as approved by Planning Commission on May 11, 2015 (ARC15-001).
All of the precise grading and public improvements secured by these agreements have been completed and inspected to City specifications.
Twenty-five percent of the Faithful Performance Security will be retained for a period of one (1) 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 on...
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