REQUEST FOR CITY COUNCIL ACTION
DATE: 07/07/2021
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
Approve the release of certain Grading Securities associated with Tract Map 37030.
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EXECUTIVE SUMMARY:
Grading activities within Lots 11 and 18 through 20 of Tract Map 37030 have been completed. The project is located in the first phase of development of the Arantine Hills Specific Plan, within the Whitney single-family home product of the Bedford Community. The proposed action will release the Grading and Erosion Control securities posted by the owner, The New Home Company Southern California LLC, a California Limited Liability Company.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Release the Bedford (50x90 Model) Portion of Lot 18 Precise Grading Faithful Performance and Erosion Control Security (PB02497500806 FP, PGR170013-R6488 cash).
b. Release the Bedford (50x90 Production) Lots 11, 19-20 and Portion of Lot 18 Faithful Performance and Erosion Control Security (PB02497500795 FP,PWGR2017-0125-R6633 cash).
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BACKGROUND & HISTORY:
Tract Map 37030 is a subdivision of approximately 54 acres into 45 lots for condominium purposes and is the first phase of development in the Arantine Hills Specific Plan, approved by the City Council on October 4, 2017. The project is located south of Eagle Glen Parkway and west of Interstate 15, as shown on Exhibit "1." The map facilitates the construction of 393 residential units comprised of 100 single-family detached condominiums, 96 detached units in clusters of six, 96 paired units in clusters of eight, 101 townhomes, opens space areas, trail areas, and an active park and recreational facility.
On October 18, 2017, the master developer, Arantine Hills Holdings, LP, entered into Grading and Public Improvement Agreements with the City and posted bonds for the development of Tract Map 37030. On June 6, 2018, The New Home Company South...
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