Title
Community Development Services, Department of Transportation, recommending the Board:
1) Accept the subdivision improvements for Treviso II, as complete;
2) Reduce Performance Bond SUR20000207 to $216,172.74, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective materials furnished, which is to be released after one year if no claims are made;
3) Hold Laborers & Materialmens Bond SUR20000207 in the amount of $1,080,863.68 for six months to guarantee payments to persons furnishing labor, materials, or equipment; and
4) Authorize the Clerk of the Board to release the respective Bonds after the required time periods.
FUNDING: Developer Funded. (No Federal Funds)
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DEPARTMENT RECOMMENDATION
Community Development Services, Department of Transportation (Transportation), is recommending the Board accept the subdivision improvements for Treviso II, as complete, reduce Performance Bond SUR20000207 to $216,172.74, and hold Laborers & Materialmens Bond SUR20000207 in the amount of $1,080,863.68 for six months.
Transportation's construction inspection staff has inspected the work and confirms the subdivision improvements are complete.
DISCUSSION / BACKGROUND
The Board approved the Final Map and the Agreement to Make Subdivision Improvements for Class 1 Subdivision between County and Owner, RREF II-RD Willows, LLC, a California Limited Liability Company, for Treviso II on February 10, 2015 (Item 9).
The subdivision improvements within Treviso II have been completed according to the plans and specifications for this development and per the conditions of said Agreement to Make Subdivision Improvements.
ALTERNATIVES
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION
It is recommended that the Board approve this item.
FINANCIAL IMPACT
The requested Board action has no associated fiscal impact or Net County Cost.
CLERK OF THE BOARD FOLLOW UP A...
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