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HomeMy WebLinkAbout13 ACCPT NON-BACKBONE IMP-TRACT MAP 16507 102108AGENDA REPORT MEETING DATE: OCTOBER 21, 2008 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION SUBJECT: ACCEPTANCE OF PUBLIC NON-BACKBONE IMPROVEMENTS AND RELEASE OF BONDS FOR TRACT MAP NO. 16507, W.L HOMES, LLC (TUSTIN FIELD II, PARCEL 34) SUMMARY All public non-backbone improvements associated with Tract Map No. 16507 have been completed. The Public Works Department is now recommending the acceptance of public non-backbone improvements and release of the public improvement and monumentation bonds. RECOMMENDATION It is recommended that the City Council release the following bonds in the indicated amounts: Faithful Performance Bond (Bond No. SU 5009274) .................................... $ 1,248,500.00 Labor and Material Bond (Bond No. SU 5009274) ........................................... $ 624,000.00 Monumentation Bond (Bond No. SU 5009257) .................................................. $ 51,000.00 FISCAL IMPACT There is no fiscal impact to the City with this action. BACKGROUND Tract Map No. 16507 is located within Planning Area 21 (Parcel 34) of the MCAS-Tustin Specific Plan, generally bounded by Edinger Avenue to the north, Harvard Avenue on the east, the Peters Canyon Flood Control Channel and Jamboree Road on the west, and Moffett Avenue on the south. As a condition of approval, W.L. Homes, LLC was required to post the subject bonds for the construction and replacement of public non-backbone improvements adjacent to the project. The developer has completed all work related to the public non-backbone improvements and monumentation for Tract Map No. 16507 to the satisfaction of the Public Works Department. The improvements were completed on August 21, 2008. It is recommended that the above-mentioned bonds be released by the City Council. A Subdivision Warranty Bond (Bond No. SU 5009274 of $125,000.00) will remain in effect for one year from the date of completion of the public improvements, which will be August 21, 2009. Tim D. Serlet Director of Public Works/City Engineer Doug Anderson Transportation & Development Services Manager Attachment: Location Exhibit S:\City Council Items\2008 Council Items\Accept imps & Release of Bonds for TR16507.doc LOCATION MAP TRACT MAP 16507 I ..'°. 8r Y .. ... w .,, A 'o r -• r ,~ t ,r ~ , tusnN RANCH • ~ .s+a W~qO K v ''~4 ~ ~ ~, `•'~ ~' 4 • • ~ 4 r ; 4 ~y 4 ~a ~+ 4 r t O ~ TUStIN LEGACY ~a~m.. rws[ co•s M 5TI11Y1) ~• NO SCALE ~~C/ QOP C )) ~v ~P cF~ PROJECT LOCATION ~fs~Yq ~~' 9~~GF TRACT 16507 ~ ~~ fo d~' 'Po / ~~~ q `+'q /~O .y 4? /~JP ~~P /~ /, FILE: iRACi )6507.OW0 /~ ~' / \