REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Oliver Chi, City Manager
PREPARED BY: Tom Herbel, PE, Acting Director of Public Works
Subject:
title
Accept Park Improvements and accept a Guarantee and Warranty Bond for the LeBard Redevelopment Project (Tract 17801) at 20461 Craimer Lane
body
Statement of Issue:
HB Homes Management, LLC, the Developer of the LeBard Redevelopment Project (Tract 17801), has completed the required park improvements, as approved by City Council on February 4, 2019. They are now requesting the City's acceptance of said improvements with their submittal of a Guarantee and Warranty Bond.
Financial Impact:
Not applicable.
Recommended Action:
recommendation
A) Accept park improvements for the LeBard Redevelopment Project (Tract 17801), and instruct the City Clerk to record the Acceptance of Public Park Improvements (Tract 17801) form (Attachment #2) with the Orange County Recorder; and,
B) Accept Guarantee and Warranty Bond No. 36K012699 (Attachment #3); the security furnished for guarantee and warranty of park improvements, and instruct the City Clerk to file the bond with the City Treasurer; and,
C) Instruct the City Clerk to notify the developer, HB Homes Management, LLC, of this action, and the City Treasurer to notify the Surety, the Ohio Casualty Insurance Company, of this action.
end
Alternative Action(s):
Deny the recommended actions, and direct staff accordingly. Denying the recommended actions may violate the Subdivision Map Act whereby:
1. Section 66499.9 of the State of California Government Code, requires the guarantee and warranty of the work for a period of one year following completion and acceptance of the improvement(s), against any defective work, labor and materials furnished. Denying the acceptance of the Guarantee and Warranty Bond may place undue burden and costs upon the City for correcting any defective work, labor and material provided by th...
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