County of El Dorado - File #: 14-0234

• File #: 14-0234
• Version: 4
• Type: Agenda Item
• Status: Approved
• File created: 2/3/2014
• In control: Board of Supervisors
• On agenda: 6/27/2017
• Final action: 6/27/2017
• Title: Community Development Services, Transportation Department, recommending the Board consider the following: 1) Accept the subdivision improvements for West Valley Village Lot W (Lot 12) Phase 1 as complete; 2) Reduce Phase 1 Performance Bond PB02497500198 to $221,839.75, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective materials furnished, which is to be released after one year if no claims are made; 3) Hold Phase 1 Laborers & Materialmens Bond PB02497500198 in the amount of $1,109,198.74 for six months to guarantee payments to persons furnishing labor, materials, or equipment; 4) Accept the subdivision improvements for West Valley Village Lot W (Lot 12) Phase 2 as complete; 5) Reduce Phase 2 Performance Bond PB02497500299 to $154,986.90, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective ma...

Date	Ver.	Action By	Action	Result
6/27/2017	4	Board of Supervisors	Approved	Pass
5/3/2016	3	Board of Supervisors	Approved	Pass
5/19/2015	2	Board of Supervisors	Approved	Pass
2/25/2014	1	Board of Supervisors	Approved	Pass

Title
Community Development Services, Transportation Department, recommending the Board consider the following:
1) Accept the subdivision improvements for West Valley Village Lot W (Lot 12) Phase 1 as complete;
2) Reduce Phase 1 Performance Bond PB02497500198 to $221,839.75, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective materials furnished, which is to be released after one year if no claims are made;
3) Hold Phase 1 Laborers & Materialmens Bond PB02497500198 in the amount of $1,109,198.74 for six months to guarantee payments to persons furnishing labor, materials, or equipment;
4) Accept the subdivision improvements for West Valley Village Lot W (Lot 12) Phase 2 as complete;
5) Reduce Phase 2 Performance Bond PB02497500299 to $154,986.90, which is ten percent of the total cost of the subdivision improvements. This amount guarantees against any defective work, labor done, or defective materials furnished, which is to be released after one year if no claims are made;
6) Hold Phase 2 Laborers & Materialmens Bond PB02497500299 in the amount of $774,934.50 for six months to guarantee payments to persons furnishing labor, materials, or equipment; and
7) Authorize the Clerk of the Board to release the respective Bonds after the required time periods.

FUNDING: Developer Funded. (No Federal Funds)
Body
DEPARTMENT RECOMMENDATION
Community Development Services, Transportation Department (Transportation), is recommending the Board accept the subdivision improvements for West Valley Village Lot W (Lot 12), Phases 1 and 2, as complete, reduce the aforementioned Performance Bonds to ten percent of the total cost of the subdivision improvements (Phase 1 - $221,839.75 and Phase 2 - $154,986.90), and hold the aforementioned Laborers & Materialmens Bonds for six months.

Transportation's construction inspection staff has inspected the work and confirms the subdivision i...