AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 9/5/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to accept the public improvements associated with Parcel Map 36499 and release the appropriate Grading Improvement and Survey Monumentation Securities to UHS-Corona, Inc., a Delaware Corporation.
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RECOMMENDED ACTION:
Recommended action
That the City Council accept the public improvements associated with Parcel Map 36499, 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 (PRF9109796).
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 (PRF9109796).
3. Release the Survey Monumentation Securities (LPM9239608).
4. Release the Precise Grading and Erosion Control Securities (PRF9109795, LPM9198708, DEP15-0218, and DEP15-0143).
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ANALYSIS:
On August 5, 2015, the City entered into Grading and Improvement Agreements with UHS-Corona, Inc. to secure the required grading and public improvements associated with Parcel Map 36499 and Conditional Use Permit CUP12-006 for the expansion of the Corona Regional Medical Center and the precise grading for relocating the MRI services to a temporary structure. The project extended from the existing facility at 800 South Main Street, westerly across Belle Avenue to Sheridan Street, and northerly from Ninth Street across Eighth Street to the east-west ally one-half block north of Eighth Street.
Additionally, on November 18, 2015, the City entered into a Grading Agreement with the developer to secure the precise grading for the medical center expansion.
Finally, on Februa...
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