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HomeMy WebLinkAbout12 REL BOND TRACT 16695 01-02-08AGENDA REPORT MEETING DATE: JANUARY 2, 2008 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION SUBJECT: RELEASE OF MONUMENTATION BOND FOR TRACT MAP NO. 16695 (THE DISTRICT, VESTAR) SUMMARY The monuments associated with the tract map have been set, inspected and verified as complete. The Public Works Department is now recommending release of the monumentation bond. RECOMMENDATION It is recommended that the City Council release the following bond in the indicated amount: Monumentation Bond No. 42 BCSDJ 8841 ..........................................................$ 15,500.00 FISCAL IMPACT There is no fiscal impact to the City with this action. BACKGROUND Tract Map No. 16695 also known as "The District at Tustin Legacy" is located within Planning Areas 16, 17, and 19 of the MCAS Tustin Specific Plan. The project is bounded by Warner Avenue to the north, Tustin Ranch Road to the west, the Army Reserve site to the southwest, Barranca Parkway to the south, and Jamboree Road to the east. As a condition of approval, the applicant was required to post the subject bond as part of the map process. The monuments associated with the tract map have been set, inspected, and verified as completed by the Public Works Department. It is recommended that the above-mentioned monumentation bond be released by the City Council. Tim D. Serlet Director of Public Works/City Engineer Doug Anderson Transportation and Development Services Manager Attachment: Location Exhibit S:\City Council Items\2008 Countil Items\Release of monumentation Bond for TR 16695.doc C TY 0~ TUSTIN PROJECT NAME: TRACT MAP 16695