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Community Development Services, Department of Transportation, recommending the Board consider the following:
1) Accept the subdivision improvements for Thousand Oaks Estates Unit 3, TM 05-1398-R as complete as of June 8, 2016; and
2) Authorize the Department of Transportation to release the security deposit at this time, acknowledging that the Owner has fulfilled the warranty period.
FUNDING: Developer Funded.
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DISCUSSION / BACKGROUND
On June 7, 2016 (Item 18), the Board approved the Final Map and the Agreement to make Subdivision Improvements for Class 1 Subdivision between County and Owner for the Thousand Oaks Estate Unit 3 (SIA) subdivision project located on the southeast side of St. Ives Court, approximately 400 feet northwest of the intersection with Mineshaft Lane, in the Shingle Springs area. The improvements were constructed under a prior permit. The SIA was entered into as necessary to meet the formal requirements of the Subdivision Map Act and County Ordinance.
Department of Transportation (Transportation) Construction Inspection staff inspected the work in 2016 and confirmed the subdivision improvements were complete at that time and that they had been constructed according to the approved plans and specifications.
In lieu of security bonds, the Owner provided a cash deposit in the amount of $1,990.68, to guarantee against any defective work, labor done, or defective materials furnished and to guarantee payments to persons furnishing labor, materials, or equipment. This action allows Transportation to release the security covering this improvement project.
ALTERNATIVES
None; when the Owner/Developer completes all improvements and the County inspects and approves those improvements, the County is then obligated to approve reduction of the Bonds, if necessary, and initiate the warranty period. Since the improvements were complete at the time of the Final Map and SIA approval in 2016, the Owner has essentially fulfilled the war...
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