AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 10/02/2019
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration of accepting the public improvements associated with Tract Map 35468 and release the appropriate Grading and Improvement Securities - Renaissance Estates, LLC.
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RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Accept the public improvements associated with Tract Map 35468.
2. 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 (802345S).
3. 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 (802345S).
4. Release the Survey Monumentation Security (802347S).
5. Release the Rough Grading Security (802346S).
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ANALYSIS:
Tract Map 35468 is a subdivision of 12.79 acres into 12 single-family residential lots located on the west side of Lester Avenue, south of Cleveland Way, as shown on Exhibit "A." On November 6, 2013, Renaissance Estates, LLC, entered into Grading, Improvement and Survey Monumentation Agreements with the City for development of the 12 single-family residential pads and on- and off-site public improvements to support the project.
All of the grading and improvements secured by these agreements have now been completed and inspected to ensure conformation with 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 September 18, 2020. Ci...
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