REQUEST FOR CITY COUNCIL ACTION
DATE: 11/03/2021
TO: Honorable Mayor and City Council Members
FROM: Planning & Development Department
SUBJECT:
Title
Acceptance of public improvements for Assessor Parcel Numbers 279-084-008, 279-084-009, and 279-084-010 located at the northeast corner of Winton Street and Boyd Avenue in the unincorporated area of Riverside County, and release of the securities posted by Raul Castro et al.
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EXECUTIVE SUMMARY:
The three properties located at the northeast corner of Winton Street and Boyd Avenue and identified by APNs 279-084-008, 279-084-009, and 279-084-010 are located in the unincorporated area of Riverside County. The properties are within the City's sphere of influence and will receive water service from the City of Corona. The owners were required to post a security with the City for the construction of public water improvements. The improvements have been constructed and completed by the owners. The City's acceptance of these improvements will release the posted security to the owners.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Accept the public improvements for APN's 279-084-008, 279-084-009 and 279-084-010 located at the northeast corner of Winton Street and Boyd Avenue.
b. 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 (Faithful Performance Bond: 4431450, $60,800).
c. 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 (Labor and Material Bond: 4431450, $30,400).
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BACKGROUND & HISTORY:
Raul Castro and Claudia Castro, and Roberto Castro and Juana Castro, posted a public improvement security with the City for the construction of a new water line that is 8" in di...
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