Item 16 - Acceptance of Public Improvements La Paz Summit TM 89-03
- .'-
AGENDA REPORT SUMMARY
- TO: H,"",b1, M"" '"' M"b", ~itY C,,",11
FROM: James L. Bowersox, City Mana e
INITIATED BY: John D. Fitch, Assistant City Manager .
Mark S. Weston, Director of Engineeri~ servic~
Javid Siminou, Senior Civil Engineer .
Jesse Q. Tano, Assistant Civil Engineer I1f'
DATE: September 26, 1995
SUBJECT: Acceptance of Public Improvements and Release of Securities for La Paz
Summit, Tentative Map Number B9-03, Premium Investors, Developer
ABSTRACT
As a condition of subdividing, the City required the developer to construct certain
public improvements. The improvements were completed in June of 1995. Staff
recommends acceptance of the improvements.
ENVIRONMENTAL REVIEW
- This action is not subject to C.E.Q.A. review.
FISCAL IMPACT
None.
ADDITIONAL PUBLIC NOTIFICATION AND CORRESPONDENCE
None.
RECOMMENDATION
It is recommended that the City Council accept the public improvements and release the
performance and monumentation bonds, reduce the payment bond after 90 days of
acceptance if no claims have been filed, and release the warranty bond after a period
of one year of acceptance of the improvements if no claims are filed.
ACTION
-
1 of 4 SEP 26 1995 ITEM 16
~ AGENDA REPORT
CITY OF POW A Y
This report is included on ~ Consent Calendar. There will be no separate discussion of the report prior to approval by the
City Council unless members of the Council. staff or public request it to be removed from the Consent Calendar and
discussed separately. If you wish to have this report pulled for discussion, please fill out a slip indicating the report number
and give it to the City Clerk prior to the beginning of the City Council meeting.
TO: Honorable Mayor and Members ~ City Council
FROM: James L. Bowersox, City Mana
INITIATED BY: John D. Fitch, Assistant City Manager ~
Mark S. Weston, Director of Engineering Services
Javid Siminou, Senior Civil Engineer't7 '/
Jesse Q. lano, Assistant Civil Engineer I ~
DATE: September 26, 1995
SUBJECT: Acceptance of Public Improvements and Release of Securities
for La Paz Summit, Tentative Map Number 89-03, Premium
Investors. Develooer
BACKGROUND:
This project is located east of Poway Road at the end of Silver Ridge Road
(Attachment I). The public improvements that were required included the
installation of sidewalk, curb, gutter, driveway approaches, and asphalt
pavement. The public improvements were required as a condition of subdividing
the site into 28 residential lots. The improvements were completed in June
1995.
The final map was approved by City Council on July 21, 1992. The developer
posted a .Standard Agreement for Construction of Public Improvements,.
guaranteed with the required securities. The securities were reduced in
August 31, 1993 with approval from City Council.
FINDINGS:
The Engineering Services Department has reviewed the public improvements and
found them to be complete and ready for acceptance.
FISCAL IMPACT:
None.
ENVIRONMENTAL IMPACT:
This action is not subject to C.E.Q.A. review.
ACTION:
? n~ ~ SEP 2 6 1995 ITEM 16
.-
Acceptance of Public Improvements and Release of Securities for La Paz Summit,
Tentative Map Number 89-03, Premium Investors, Developer
September 26, 1995
- Page 2
PUBLIC NOTIFICATION l CORRESPONDENCE:
None.
RECOMMENDATION:
It is recommended that the City Council:
1. Accept the public improvements and direct the City Clerk to release
performance bond number 2389465 in the amount of $264,000.
2. Direct the City Clerk to reduce payment bond number 2389465 in the
amount of $273,325 to an amount not less than the total claimed by
all claimants for whom claims of lien have been recorded and notice
thereof given in writing to the City Clerk, and if no such claims
have been recorded within 90 days of acceptance, the security may be
released in full.
3. Direct the City Clerk to release warranty bond number 238946S in the
amount of $54,665 if no claims have been filed within one year of the
acceptance of the improvements.
4. Direct the City Clerk to release monumentation bond number 238946S in
-- the amount of $7,000.
JLB:JDF:MSW:JS:JQT:bw
.
ATTACHMENTS:
1. Vicinity Map
SEP 2 6 1995 ITEM 16
1 nf 4 ---.-
'/"
.
,
:>
<{
SILVER -..... . -''ALORA ST.
.
RIDGE RD. "- . MIRANDO ST.
.
,
.
>-: .
~ ll..... ~ BOWDOIN RD.
o.
MATOi g
POINT DR~ w
I-
POWA Y ROAD ~
!
~~FPf'~ 01' IHA'O'*'M~
CITY OF POWAY ~p.._-I:O q:.~E&1'OR
IT EM: I..c.'floc SUMMIT, I1-i ~
@ SCALE, TITLE: VIC<N.ny ~
t-bNE ATTACHMENT: -1
/..
of 4