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File #: 22-1037    Version: 1
Type: Consent Calendar Status: Passed
File created: 11/23/2022 In control: City Council/Public Financing Authority
On agenda: 12/20/2022 Final action: 12/20/2022
Title: Approve Final Tract Map No. 19157, accept bonds, and authorize execution of a Subdivision Agreement for the Olson Townhomes subdivision by Olson Urban V-Huntington Beach 4, LLC at 8371 to 8461 Talbert Avenue
Attachments: 1. Att #1 - Findings and Requirements for Acceptance of the Final Map (Olson), 2. Att #2 - Vicinity Map, 3. Att #3 - Final Tract Map No. 19157, 4. Att #4 - Planning Commission Notice of Action for Tentative Tract Map No. 19157, 5. Att #5 - Tentative Tract Map No. 19157, 6. Att #6 - Subdivision Agreement, 7. Att #7 - Bonds (Faithful Performance, Labor and Material, Monument)
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Al Zelinka, City Manager

VIA: Ursula Luna-Reynosa, Director of Community Development

PREPARED BY: Ricky Ramos, Principal Planner

Subject:
title
Approve Final Tract Map No. 19157, accept bonds, and authorize execution of a Subdivision Agreement for the Olson Townhomes subdivision by Olson Urban V-Huntington Beach 4, LLC at 8371 to 8461 Talbert Avenue
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Statement of Issue:
Presented for your consideration is Final Tract Map No. 19157 for the Olson Townhomes subdivision by Olson Urban V-Huntington Beach 4, LLC at 8371 to 8461 Talbert Avenue (north side, west of Newland Street). This map subdivides an approximately 2.065 net acre site into a 1 lot condominium for the construction of 34 townhomes.

Financial Impact:
No fiscal impact

Recommended Action:
recommendation
A) Approve Final Tract Map No. 19157 and accept the offer of easement pursuant to findings and requirements (Attachment No. 1); and,

B) Approve and authorize the Mayor and City Clerk to execute the Subdivision Agreement by and between the City of Huntington Beach and Olson Urban V-Huntington Beach 4, LLC (Attachment No. 6); and,

C) Accept Faithful Performance Bond No. PB03010409024, Labor and Material Bond No. PB03010409024, and Monument Bond No. PB03010409039 as sureties (Attachment No. 7) for the installation of the subdivision's required public improvements and survey monumentation; and,

D) Instruct the City Clerk to file the respective bonds with the City Treasurer and notify the Surety, Philadelphia Indemnity Insurance Company, of this action.
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Analysis:
A. PROJECT PROPOSAL

Applicant: John Reekstin, The Olson Company, 3010 Old Ranch Parkway, Suite 100, Seal Beach, CA 90704

Property Owner: Olson Urban V-Huntington Beach 4, LLC, 3010 Old Ranch Parkway, Suite 100, Seal Beach, CA 90704

Surveyor: Jeffery L. Mays, Advanced Civil Group, Inc., 30251 Golden Lantern,...

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