Loading...
17-1107_COVE ESTATES, LLC_Agenda Report E11TO: FROM: City of San Juan Capistrano Agenda Report Honorable Mayor and Members of the City Council %njamin Siegel, City Manager SUBMITTED BY : Steve May, Public Works and Utilities Director ,LfUL_ PREPARED BY: Joe Parco, City Engineer Joe Mankawich, Associate Engineer DATE: November 7, 2017 11/7/2017 E11 SUBJECT: Consideration of a Resolution for a Notice of Completion, Acceptance of Certain Work of Improvements, and Release of Corresponding Sureties Pertaining to the Subdivision Improvement Agreement Tract No. 16168 (Cove Estates LLC) RECOMMENDATION : 1. Adopt a resolution accepting the work of improvements pertaining to Tract No. 16168 (Cove Estates LLC); and, 2. Direct the City Clerk to process the recording of the Notice of Completion with the Orange County Clerk/Recorder; and, 3. Authorize the City Clerk to release the corresponding bonds 35 days after the recordation of the Notice of Completion . EXECUTIVE SUMMARY: Cove Estates LLC, developer of Tract No . 16168, has requested that the City release the onsite improvement bonds held by the City. The project area is located south of Via Positiva and east of Alipaz Street, and is shown on Attachment 1. The improvements have been inspected and have been found to be completed per City standards and to the satisfaction of the Public Works & Utilities Director. Therefore, staff is recommending adoption of a Resolution (Attachment 2) accepting the work as complete, the filing of a Notice of Completion (Attachment 3) and the release of the corresponding bonds in the amount of $144,523.50. City Council Agenda Report November 7, 2017 Page 2 of 3 DISCUSSION/ANALYSIS: In October 2013, Cove Estates LLC ("Owner"), through sale of the property, became the successor to the former owner, First American Title Company, for the 4-lot, 1-acre Village Alipaz Project. The water, sewer, street, storm drain, monumentation, and landscape improvements associated with Tract No. 16168 were completed in March 2016. The Developer has completed the improvement work as required by the Conditions of Approval and the Grading Surety Agreements. The improvements have been inspected and have been found to be completed per City standards and to the satisfaction of the Public Works & Utilities Director. Staff recommends adoption of a Resolution accepting the work as complete and the recordation of a Notice of Completion for the project. With the completion of the improvements as noted in the summary above, the bonds by International Fidelity Insurance Company are as follows: Bond Number Type of Improvement Bond Amount 0611240 On-site Street, Water, Sewer, Storm Drain, and Monumentation $113,188.00 0611239 FISCAL IMPACT : Landscape and Irrigation Total Bond Amount $ 33,335.50 $144,523.50 There would be no fiscal impact associated with the recommended actions . ENVIRONMENTAL IMPACT: The recommended action of adopting a resolution accepting the work of improvements pertaining to Tract No. 16168 is not subject to CEQA pursuant to Section 15060(c)(3) of CEQA Guidelines because the action is not a project as defined in Section 15378 of the CEQA Guidelines, and the action has no potential for resulting in physical change to the environment, directly or indirectly. PRIOR CITY COUNCIL REVIEW: • On October 1, 2013, the City Council approved a termination and exoneration of the original Subdivision Improvement Agreement and approved a new Subdivision Improvement Agreement with Cove Estates LLC, associated with a change of property ownership. City Council Agenda Report November 7, 2017 Page 3 of 3 • On February 15, 2011, the City Council approved the Final Map and the Subdivision Improvement Agreement for Tract No. 16168 that was submitted by First American Title Company, which took title of the property from Village Ali paz LLC. • On November 1, 2005, the City Council adopted Resolution No. 05-11-01-04 conditionally approving Vesting Tentative Tract Map 16168 for Village Alipaz LLC consisting of four residential lots on one acre of land. COMMISSION/COMMITTEE/BOARD REVIEW AND RECOMMENDAT IONS : This item does not require commission, committee, or board review . NOTIFICATION: Cove Estates LLC ATTACHMENTS: Attachment 1 : Location Map Attachment 2: Proposed Resolution Attachment 3: Notice of Completion Sports Fields / / / Via Po s•ll va Ecology Center Soulh Coast Farms N s Attachment 1. Paae 1 of 1 RESOLUTION NO. 17-11-07 -XX A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DETERMINING COMPLETION OF WORK IN ACCORDANCE WITH APPROVED PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF ON-SITE AND OFF-SITE IMPROVEMENTS ASSOCIATED WITH TRACT NO. 16168, COVE ESTATES (COVE ESTATES LLC) WHEREAS, on October 1, 2013, the City of San Juan Capistrano entered into a Subdivision Improvement Agreement with the developer of the Cove Estates Residential Development (Tract No. 16168) providing for the construction of certain onsite improvements; and, WHEREAS, Cove Estates LLC, the current developer of Tract 16168 has requested that the City determine that such certain on-site improvements are completed and the corresponding remaining surety bonds be released accordingly. The surety release is as follows: SURETY COVERAGE (International Fidelity Insurance Company) Bond Number Type of Improvement Bond Amount 0611240 On-site Street, Water, Sewer, Storm Drain, and Monumentation $113,188.00 0611239 Landscape and Irrigation $ 33 ,335.50 Total Bond Amount $144,523.50 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Juan Capistrano as follows: SECTION 1. That the improvement work required to be performed by said developer has been completed and approved. SECTION 2. That the completed work with a value of $144,523.50 is accepted. SECTION 3. That the sureties described in the chart above may be released accordingly. PASSED, APPROVED, AND ADOPTED this 7th day of November, 2017. Kerry K. Ferguson, Mayor ATTEST: Maria Morris, City Clerk Attachment 2, Page 1 of 1 RECORDED AT REQUEST OF AND RETURN TO: City of San Juan Capistrano City Clerk's Office 32400 Paseo Adelanto San Juan Capistrano, CA 92657 RECORDING FEES EXEMPT DUE TO GOVERNMENT CODE SECTION 6103 Maria Morris, City Clerk San Juan Capistrano, CA NOTICE OF COMPLETION NOTICE IS HEREBY GIVEN that on October 1, 2013, Subdivision Improvement Agreement was entered in to by the City of San Juan Capistrano and Cove Estates, LLC for the construction of on-site improvements relating to the development of Tract No. 16168, Cove Estates, in San Juan Capistrano. That said work was completed on March 2, 2016, by said company according to plans and specifications and to the satisfaction of the City Engineer of the City of San Juan Capistrano, and that said work was accepted by the City Council of the City of San Juan Capistrano, as the owner, 32400 Paseo Adelanto, San Juan Capistrano, California 92675, at a regular meeting thereof held on the 7th day of November, 2017 by Resolution No. 17-11-07-xx. That upon said contract, International Fidelity Insurance Company was surety for the bonds given by the said company as required by law. Dated at San Juan Capistrano, California, this 7th day of November 2017. Maria Morris, City Clerk City of San Juan Capistrano STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, the duly appointed and qualified City Clerk of the City Council of the City of San Juan Capistrano, California, DO HEREBY CERTIFY, under penalty of perjury that 1) I have read the foregoing document and know the contents thereof, and the facts therein state are true of my own knowledge; 2) I declare the forgoing is true and correct; and 3) the foregoing Notice of Completion was duly and regularly ordered to be recorded in the Office of the Orange County Recorder by said City Clerk. Dated at San Juan Capistrano, California, this 7th day of November 2017 . Maria Morris, City Clerk City of San Juan Capistrano Attachment 3, Page 1 of 1