Title
Transportation Department recommending the Board: 1) Accept as complete the Bass Lake Road Improvements (Sta 22+42.84 to Sta 83+70); and 2) adopt Resolution 187-2008 to accept the facilities and right of way into the County's maintained mileage system.
RECOMMENDED ACTION: Approve.
FUNDING: Developer advanced with future reimbursement from Traffic Impact Fees and CFD 2005-2 Funds.
Body
BUDGET SUMMARY: N/A
Total Estimated Cost $-0-
Funding
Budgeted $
New Funding $
Savings $
Other $
Total Funding Available $
Change To Net County Cost $-0-
Fiscal Impact/Change to Net County Cost: Long-term, there will be some financial impact to the County related to the ongoing maintenance of the accepted roadway facilities.
Background: On July 22, 2003, the Board of Supervisors approved the Final Subdivision Map and Subdivision Improvements Agreement (SIA) for Hollow Oak Subdivision (TM 94-1290F). Condition #9 of the SIA required the Owner to enter into a Road Improvements Agreement (RIA) with the County for all road improvements to be performed on County property.
On March 15, 2005, the Board of Supervisors approved the Assignment and Assumption for Hollow Oak Unit No. 1, from Hollow Oak LLC to Pulte Home Corporation. On the same agenda (Item #21) the Board approved the Road Improvements Agreement (RIA) between the County and Pulte Home Corporation. Performance Bond No. 024016828 with Surety Rider in the amount of $8,410,095.55 and Laborer & Materialmens Bond No. 024016828 with Surety Rider in the amount of $4,205,047.78 were accepted to secure both the Subdivision Improvements Agreement for Hollow Oak Unit No. 1 and the Road Improvements Agreement for Bass Lake Road (Station 22+42.84 to Station 83+70).
Reason for Recommendation: Department staff inspected the road improvements on April 28, 2008, and found them to be completed in accordance with the plans and specifications of the pro...
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