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File #: 14-1331    Version:
Type: Agenda Item Status: Approved
File created: 9/23/2014 In control: Board of Supervisors
On agenda: 2/14/2017 Final action: 2/14/2017
Title: Community Development Agency, Transportation Division, recommending the Board approve and authorize the Clerk of the Board to reduce Performance Bond SUR23100121 pertaining to Wilson Estates, TM 14-1515, from $788,112.52 to $246,534.14, which is 10% of the total improvements (not 10% of the Bond). This amount guarantees against any defective work, labor done, or defective materials furnished. FUNDING: Developer Funded. (No Federal Funds)
Attachments: 1. 5A - Cert of Partial Completion 2/14/17, 2. 4A - Blue Route BOS 8-16-16, 3. 4B - Agreement to Make Subdivision Improvements BOS 8-16-16, 4. 4C - Exhibits A-I BOS 8-16-16, 5. Executed Agreement 8-16-16, 6. 3 - Ordinance 5014-Proof of Publication, 7. 3 - FINAL Findings, 8. 3 - FINAL Conditions of Approval, 9. 3 - APPROVED/STAMPED Map, 10. 3 - ADOPTED Mitigated Negative Declaration, 11. 3 - FILED-Notice of Determination, 12. Public Comment Rcvd 11-12-14 BOS 11-13-14, 13. Executed Ordinance 5014 11-13-14, 14. 2A - Planning Commission Minutes 10-09-14 11-4-14, 15. 2B - Findings 11-4-14, 16. 2C - Conditions of Approval 11-4-14, 17. 2D - Board Hearing Letter 11-4-14, 18. 2E - Proof of Publication 11-4-14, 19. 2F - Ordinance 11-4-14, 20. Public Comment Rcvd 11-4-14 BOS 11-4-14, 21. Public Comment Rcvd 11-4-14 BOS 11-4-14, 22. Public Comment Rcvd 11-3-14 BOS 11-4-14, 23. Public Comment Rcvd 10-30-14 BOS 11-4-14, 24. Public Comment Rcvd 10-29-14 BOS 11-4-14, 25. Public Comment Rcvd 10-28-14 BOS 11-4-14, 26. Public Comment Rcvd 10-24-14 BOS 11-4-14, 27. Public Comment Rcvd 10-27-14 BOS 11-4-14, 28. Public Comment Rcvd 10-22-14 BOS 11-4-14, 29. A - Staff Report PC 10-09-14, 30. B - Conditions of Approval PC 10-09-14, 31. C - Findings PC 10-09-14, 32. D - Staff Report Exhibits A-O, 33. E - Staff Report Exhibit P-Proposed Mitigated Negative Declaration and Initial Study PC 10-09-14, 34. F - Staff Report Exhibit P-Attachments 1-22 PC 10-09-14, 35. G - Proof of Publication PC 10-09-14, 36. H - Staff Memo 09-24-14 PC 10-09-14, 37. I - Applicant-submitted Documents PC 10-09-14, 38. Public Comment Rcvd 09-09-14 to 09-10-14 PC 10-09-14, 39. Public Comment Rcvd 10-01-14 to 10-02-14 PC 10-09-14, 40. Public Comment Rcvd 10-06-14 PC 10-09-14
Related files: 13-0024, 18-1046

Title

Community Development Agency, Transportation Division, recommending the Board approve and authorize the Clerk of the Board to reduce Performance Bond SUR23100121 pertaining to Wilson Estates, TM 14-1515, from $788,112.52 to $246,534.14, which is 10% of the total improvements (not 10% of the Bond).  This amount guarantees against any defective work, labor done, or defective materials furnished.

 

FUNDING:  Developer Funded.  (No Federal Funds)

Body

DEPARTMENT RECOMMENDATION

Community Development Agency, Transportation Division (Transportation), is recommending the Board reduce Performance Bond SUR23100121 to $246,534.14 for Wilson Estates Subdivision.  Transportation's construction inspection staff has inspected the work and confirms the subdivision improvements are substantially complete.

 

DISCUSSION / BACKGROUND

The Board approved a Subdivision Improvements Agreement (SIA) between the County and Renasci Wilson Estates, LLC (Owner), a Delaware Limited Liability Company, for Wilson Estates Subdivision with Bonds, on August 16, 2016 (Item 12).

 

The subdivision improvements within the interior of the Wilson Estates Subdivision have been substantially completed according to the plans and specifications for this development and per the conditions of the SIA.

 

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 ACTIONS

1) The Clerk of the Board will reduce Performance Bond SUR23100121 to $246,534.14 and advise the Owner it has been reduced (Renasci Development, LLC, Attn.: Steve Kessler, 28118 Agoura Road, Suite 105, Agoura Hills, CA 91301).

 

STRATEGIC PLAN COMPONENT

Infrastructure

 

CONTACT

Bard R. Lower

Director, Transportation Division

Community Development Agency, Transportation Division