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HomeMy WebLinkAboutCC 7 PUBLIC ST. IMP'S 10-22-86CONSENT CALENDAR NOo 7 TO: WILLIAM HUSTON, CITY MANAGER FROM: S U BJ ECT: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION ACCEPTANCE OF PUBLIC STREET IMPROVEMENTS AND REDUCTION OF BOND AMOUNTS IN TRACT NO. 12345 RECOMMENDATION: For the City Council meeting of October 22, 1986. Acceptance of street, storm drain, water, sewer and other public utilities within Parkview Way, Parkcenter Lane and related easements within Tract No. 12345 and authorize a reduction of the following bonds in the amounts shown: Perentage of Amount Bond No. Type Reduction Reduced 5241-00-68 Performance 75% $510,150.00 5241-00-68 Labor and Materials 75% $255,075.00 5241-00-69 Monumentation 100% $ 6,800.00 BACKGROUND: Tract No. 12345 is a subdivision which was initiated by The Irvine Company and is sometimes referred to as the Phase I Residential Development in the East Tustin area. This tract is bounded by the Santa Ana Freeway on the south, Tustin Ranch Road on the east, Bryan Avenue on the north and Browning Avenue on the west. Public improvements within this tract included streets, storm drains, sewers, water, utilities and landscape and irrigation work within Lot 8 adjacent to Browning Avenue. DISCUSSION: Staff had requested The Irvine Company to accelerate the completion of the public street system within Tract No. 12345 so that these streets could be utilized as part of a detour when a portion of Bryan Avenue is closed during the construction of the upstream reach of the E1Modena-Irvine Channel construction. All public improvements within the two public streets, Parkview Way and Parkcenter Lane, have been completed to the satisfaction of the Public Works Department. However, the landscape and irrigation improvements for Lot 8 has not been totally completed and it is suggested that only a portion of the total improvements be accepted at this time and the following bonds be reduced as follows: Percentage of Amount Bond No. Type Reduction Reduced 5241-00-68 Performance 75% $510,150.00 5241-00-68 Labor and Materials 75% $255,075.00 5241-00-69 Monumentation 100% $ 6,800.00 OCTOBER 14, 1986 PAGE TWO The Subdivision Warranty Bond Number 5241-00-68 in the amount of $68,020.00 must remain in effect for a period of one year after all improvements have been accepted by the City Council. ob Ledendecker Director of Public Works/City Engineer BL:jm