HomeMy WebLinkAbout06 RELEASE OF MONUMENTATION BOND FOR TRACT MAP 16857-MOFFETT MEADOWS PARTNERS`�Y O
GST�
MEETING DATE
TO:
FROM
AGENDA REPORT
SEPTEMBER 4, 2012
JEFFREY C. PARKER, CITY MANAGER
Agenda Item b
Reviewed:
City Manager
Finance Director /A
DOUGLAS S. STACK, DIRECTOR OF PUBLIC WORKS /CITY ENGINEER
SUBJECT: AUTHORIZE RELEASE OF MONUMENTATION BOND FOR TRACT MAP NO.
16857, MOFFETT MEADOWS PARTNERS, LLC (COLUMBUS SQUARE,
FINANCE AND CONVEYANCE MAP)
SUMMARY
The property monuments associated with Tract Map No. 16857 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 authorize the release of Monumentation Bond No.
024020660, in the amount of $10,000.00.
FISCAL IMPACT
There is no fiscal impact associated with this action.
BACKGROUND
Tract Map No. 16857 is located within Planning Area 4 and Planning Area 5 (Reuse Disposal
Parcel 23 and Parcel 24) of the MCAS- Tustin Specific Plan, and the community is commonly
known as "Columbus Square'. The site is bounded by Edinger Avenue on the north, Kensington
Park Drive to the east, an industrial office park to the west, and Valencia Avenue to the south. As
a condition of approval, Moffett Meadows Partners, LLC was required to post the subject bond as
part of the map process.
Tract Map No. 16857 was approved and recorded for finance and conveyance purposes only.
After the approval and recordation of Tract Map No. 16857, the City Council approved Tract Map
No. 16581 to allow subdivision of the 105.5 -acre site Into 386 numbered lots and 186 lettered lots
for the purpose of developing 1,077 residential units. At the August 7, 2012 City Council meeting,
the City Council accepted the public improvements and authorized the release of the associated
bonds for Tract Map No. 16581.
The property monuments associated with Tract Map No. 16857 have been set, inspected, and
verified as complete by the Public Works Department. Therefore, it is recommended that the City
Council authorize the release of Monumentation Bond No. 024020660.
S. Stack. P.E.
of Public Works /City Engineer
Attachment: Location Exhibit
S: \City Council Items\2012 Council Items\Authonze Release of Monumentation Bond for Tract Map No. 16857.docx
VICINITY MAP
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