AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 09/16/2020
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration of public improvements and releasing appropriate Improvement Securities associated with Tract Map 36541-1 - Ryland Homes of California, Inc., a Delaware Corporation.
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RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Accept the Bridge Public Improvements associated with Tract Map 36541-1.
b. Accept the Retaining Walls Public Improvements associated with Tract Map 36541-1.
c. Retain twenty-five percent (25%) of the Faithful Performance Security for one year beyond 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 (929634480 FP and 929634481 FP).
d. 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 (929634480 LM and 929634481 LM).
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ANALYSIS:
On April 18, 2018, the City Council approved Tract Maps (TMs) 36541-1, 36541-2, and 36541 (Final) for the subdivision of approximately 311 acres into 237 single-family residential lots in the Sierra Bella Specific Plan. The project is located south of Green River Road, beyond Calle Del Oro, and west of Paseo Grande, as shown on Exhibit "A."
On September 21, 2016, Ryland Homes of California, Inc., a subsidiary to CalAtlantic Group, and original owner of the tract, entered into Improvement Agreements with the City to secure the construction of the required bridge and retaining walls in the public right-of-way associated with the development.
The bridge and retaining wall improvements secured by these agreements have now been completed and inspected to ensure conformation with City specifications.
Twenty-five percent (25%) of the Faithful Performance Security will be retained f...
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