REQUEST FOR CITY COUNCIL ACTION
DATE: 08/17/2022
TO: Honorable Mayor and City Council Members
FROM: Planning and Development Department
SUBJECT:
Title
Acceptance of the public improvements and release of the securities for the property located at 3955 and 3959 Temescal Canyon Road.
End
EXECUTIVE SUMMARY:
The City Council will consider accepting the public improvements and releasing the appropriate securities to Griffco Land, LLC, the property owner of 3955 and 3959 Temescal Canyon Road. The property owner has completed the associated grading and public improvements required for the construction of the two new industrial buildings on the property, which is the impetus for the consideration of this action.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Accept the public improvements associated with 3955 and 3959 Temescal Canyon Road.
b. Retain twenty-five percent (25%) of the Faithful Performance Security for one year beyond the acceptance of the improvements as security for repair and replacement of any improvements that fail to meet City standards at the end of the one-year period. (Security No. 379545S).
c. Retain the Labor and Material Security for six months beyond the acceptance of the improvements and automatically release the security unless claims are filed. (Security No. 379545S).
d. Release the securities posted with the City for precise grading and erosion control (Security No. 379546S and Receipt R3923).
Body
BACKGROUND & HISTORY:
The property located at 3955 and 3959 Temescal Canyon Road is 3.60 acres and contains two newly constructed industrial buildings totaling 64,515 square feet. The project is within the Dos Lagos Specific Plan (SP99-03), identified as Planning Area 6, and allows for industrial development under the Light Industrial (LI) land use designation.
On March 21, 2018, the property owner, Griffco Land, LLC, entered into agreements with the City for grading and public improvements and p...
Click here for full text