AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 11/7/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to accept the public improvements associated with 509 South Howard Street; and release the appropriate Grading and Improvement Securities - J.A. Russo Enterprises, Inc., a California Corporation.
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RECOMMENDED ACTION:
Recommended action
That the City Council:
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 (PGR160004 cash).
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 (PGR160004 cash).
3. Release the Precise Grading and Erosion Control Securities (PGR160004 cash).
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ANALYSIS:
On September 6, 2017, the City entered into Grading and Improvement Agreements with J.A. Russo Enterprises, Inc., to secure the required grading and public improvements associated with 509 South Howard Street for the construction of a single-family residence on a 0.17-acre lot. The project is located on the east side of South Howard Street, north of East Sixth Street, as shown on Exhibit "A."
All of the 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 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 November 7, 2019. City Staff must release the Faithful Performance Security one year after acceptance of the im...
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