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Community Development Agency, Transportation Division, recommending the Board approve and authorize the Chair to sign the Road Improvement Agreement, AGMT 17-54660, between the County and the Developer Lennar Homes of California, Inc., to construct road improvements referred to as the Golden Foothills Parkway Pavement Remediation, which the County will provide a not to exceed of $37,500 in-lieu of performing pavement maintenance on the roadway.
FUNDING: Road Fund.
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DEPARTMENT RECOMMENDATION
Community Development Agency (CDA), Transportation Division (Transportation), recommending approval of the Road Improvement Agreement, AGMT 17-54660 (Agreement), in order for Lennar Homes of California, Inc. (Lennar/Developer), to comply with its obligation to restore the roadway under the Carson Crossing Drive Project requirements.
DISCUSSION / BACKGROUND
This Agreement will allow Lennar Homes to place a two-inch asphalt pavement overlay with a geosynthetic membrane on Golden Foothills Parkway between Latrobe Road and Carson Crossing Drive adjacent to the El Dorado Hills Business Park and, in exchange, the County will release a $125,000 Road Damage Security Deposit and contribute funds to the effort ($0.55/square foot, not to exceed $37,500), in-lieu of performing pavement maintenance on the roadway. Under the terms of the proposed Agreement, the County will receive a substantially superior roadway structure and surface, contributing only funds already set aside for maintaining this roadway segment, and the Developer will fulfill certain obligations of its’ area developments.
Lennar is the developer of the Carson Crossing residential subdivision (west of Latrobe Road), and much of the Blackstone Project (east of Latrobe Road). The Carson Crossing Project required installation of a reclaimed waterline connecting the Carson Crossing and Blackstone Projects within Golden Foothills Parkway and Blackstone Parkway. To mitigate the impact of this work, Lenna...
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