HomeMy WebLinkAbout05 - CC-7 - Release of Bonds in Connection with Encr - 3/17/2015CITY COUNCIL AGENDA REPORT
MEETING DATE: MARCH 17, 2015
ITEM NUMBER: CC -7
SUBJECT: RELEASE OF BONDS IN CONNECTION WITH ENCROACHMENT PERMIT NO. PS13-
00147 FOR STREET IMPROVEMENTS AND CORNER MONUMENTATION FOR
TRACT 16990 LOCATED AT 372/378/382 VICTORIA STREET, COSTA MESA,
CALIFORNIA.
DATE: MARCH 5, 2015
FROM: PUBLIC SERVICES DEPARTMENT/ENGINEERING DIVISION
PRESENTATION BY: ERNESTO MUNOZ, PUBLIC SERVICES DIRECTOR
FOR FURTHER INFORMATION CONTACT: FARIBA FAZELI, CITY ENGINEER
(714) 754-5335
RECOMMENDED ACTION
Release the Performance and Labor and Material Bonds (Certificate No. 0176156) in the amounts
of $32,753.00 each for street improvements and (Certificate No. 0176155) for setting corner
monuments in the amount of $1,500.00 to Taylor Morrison of California, LLC (Developer), 8105
Irvine Center Drive, Suite 1450, Irvine, CA 92618.
BACKGROUND
On June 18, 2013, the City Council approved Final Map Tract No. 16990 for the subdivision of
thirty (30) number lots and six (6) lettered lots for a common interest residential development.
The Engineering Division required the setting of durable monuments at corners of exterior and
interior lots. The Performance Bond in the amount of $1,500.00 was received and accepted by
the Public Services Department as a guarantee for the setting of the monuments. Also, the
Engineering Division issued Encroachment Permit No. PS13-00147 for the construction of street
improvements within Victoria Street. The Encroachment Permit allowed for the connection to the
storm drain line, construction of curb and gutter, sidewalk, drive approaches and street
resurfacing. The Performance and Labor and Materials Bonds in the amounts of $32,753.00 each
were received and accepted by the Public Services Department as a guarantee for the
construction of the improvements.
ANALYSIS
All conditions of the Encroachment Permit have been met and the work has been completed
and accepted by the Public Services Department.
ALTERNATIVES CONSIDERED
The alternative to this Council action would be to retain the Performance and Labor and Material
Bonds. Costa Mesa Municipal Code Section 15-32 states, "The condition of said bond shall be
that the applicant will perform the work authorized by any permit issued pursuant to this chapter
in a good and workmanlike manner and to the satisfaction of the City Engineer." These conditions
have been met; therefore, retention of the bonds would be in violation of the Municipal Code.
FISCAL REVIEW
There is no fiscal impact to the City relative to this item.
LEGAL REVIEW
There is no legal review required relative to this item.
CONCLUSION
All of the required conditions of the Encroachment Permit have been completed by the contractor,
and all of the monuments have been set by the Engineer. Therefore, staff recommends that the
Performance and Labor and Material Bonds in the amounts of $32,753.00 each, and the bond for
setting corner monuments in the amount of $1,500.00 be released to Taylor Morrison California,
LLC.
ERNESTO MUNOZ
Public Services Director
DISTRIBUTION
CEO
Assistant CEO
City Attorney
Staff
FARIBA FAZELI
City Engineer
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