Title
Department of Transportation recommending the Board retroactively approve and authorize the Chair to sign the Third Amendment to the Green Valley Road Road Improvement Agreement 21-54989, between the County and the Developer, Summerbrook, El Dorado, LLC., resulting in no fiscal impact to the County.
(Districts 1 and 4)
FUNDING: Developer Funded.
Body
DISCUSSION / BACKGROUND
The Tentative Map (TM 07-1440-R-2) for the Summer Brook project was approved by the Planning Commission on August 9, 2018. On September 28, 2021 (Legistar file 21-1434), the Board approved the Green Valley Road, Road Improvement Agreement #21-54989 (Agreement), between the County and the Developer, Summerbrook, El Dorado, LLC (Developer).
On August 29, 2023 (Legistar file 23-1467), the Board authorized the First Amendment to the Agreement, extending the performance period to July 7, 2024. On June 25, 2025 (Legistar file 24-0900), the Board authorized the Second Amendment to the Agreement, extending the performance period to July 7, 2025.
Work contemplated in the Agreement includes improvements to the frontages along the north side of Green Valley Road, along with intersection improvements on Green Valley Road at Pleasant Grove Middle School and the new internal Silverleaf Drive.
Due to priority projects within the department, processing of this amendment was delayed which resulted in a lapse of the performance period. In order to correct the lapse, staff is requesting a one (1) year performance period extension to extend the performance period to July 7, 2026, which will allow the Developer time to complete any remaining items and finalize the improvements. Transportation policies require a valid performance period at project completion.
ALTERNATIVES
N/A
PRIOR BOARD ACTION
See Discussion / Background section above.
OTHER DEPARTMENT / AGENCY INVOLVEMENT
County Counsel
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
The requested Board actio...
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