REQUEST FOR CITY COUNCIL ACTION
DATE: 09/21/2022
TO: Honorable Mayor and City Council Members
FROM: Planning and Development Department
SUBJECT:
Title
Release of the Landscaping Securities posted by Arantine Hills Holdings, LP, for certain slopes and parkway improvements associated with Tract Map 36294R and Tract Map 37030, located south of Eagle Glen Parkway and west of Interstate 15.
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EXECUTIVE SUMMARY:
City Council consideration of the release of the improvement securities posted by Arantine Hills Holdings, LP, for the landscaping improvements of private slopes and parkways located within Tract Map 36294R and Lots H, L, and N of Tract Map 37030. The landscaping improvements are located within the first and second development phases of the Arantine Hills Specific Plan. The developer has completed the landscape improvements on the subject properties and is requesting the release of the posted securities.
RECOMMENDED ACTION:
Recommended action
That the City Council:
a. Release the Phase 1 Slope and Commercial Landscaping Faithful Performance Security associated with Tract Map 36294R (Bond No. PB02497500537 and PB02497500538)
b. Retain the Phase 1 Slope and Commercial Landscaping Labor and Material Security associated with Tract Map 36294R for six months beyond the acceptance of the improvements and automatically release the security, unless claims are filed. (Bond No. PB02497500537 and PB02497500538).
c. Release the Palmer Drive (Lot N), Cameron Way (Lot L), Adishain Way (Lot H), and Orange Fisher Drive (Lot H) Street Parkway Landscaping Faithful Performance Security associated with Tract Map 37030 (Bond No. PB02497500620, PB02497500621, PB02497500624 and PB02497500625)
d. Retain the Palmer Drive (Lot N), Cameron Way (Lot L), Adishain Way (Lot H), and Orange Fisher Drive (Lot H) Street Parkway Landscaping Labor and Material Security associated with Tract Map 37030 for six months beyond the acceptance of the improvements and automati...
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