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1981-0421_BEAR BRAND RANCH COMPANY_I6_Agenda ReportAGENDA ITEM April 21, 1981 TO: James S. Mocalis, City Manager FROM; W. D. Murphy, Director of Public Works SUBJECT: Resolution, Notice of Completion and Release of Surety Tract 10593 (Bear Brand Ranch/Pepper Tree Bend) SITUATION The developer of the subject tract has requested that the City accept certain public improvements and release the corresponding surety. These public improvements include the extensions of Calle Aspero and Calle Ricardo, the construction of public storm drain facilities and the construction of sanitary sewers. These public improvements have been completed and accepted by the City Inspector. The City is requesting a Notice of Completion to be filed with the County Recorder. The surety devices for this tract are: Letter of Credit #90630 $39,118 Bank of America Labor & Materials Letter of Credit #90631 #39,118 Bank of America Faithful Performance FINANCIAL CONSIDERATIONS There is no cost or compensation to the City by this action. ALTERNATE ACTIONS 1. Accept the public improvements resulting from Tract 10593. 2. bo not accept the public improvements resulting from Tract 10593. 3. Request further information from staff. RECOMMENDATION By resolution, determine that the work resulting from Tract 10593 has been completed and declare the work to be accepted; direct that within ten days from the date of acceptance a Notice of Completion be filed with the Orange County Recorder. By motion, require an extension of the Faithful Performance surety for public improvements to April 21, 1982; and direct staff to exonerate the Labor & Material Surety upon the expiration of thirty-five days from the filing of the Notice of Completion. Authorize staff to release the Faithful Performance surety after a one year maintenance period. Respectfully submitted, P r FWZ W. D. Murphy WDMl. B/rem Enc GErl7A EriCltr1L � I`,��• FaR cvv Cour.= RFLUTION NO. 81-4-21-4 0 COMPLETION OF PUBLIC IMPROVEMENTS - TRACT 10593 (BEAR BRAND RANCH/PEPPER TREE BEND) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE COMPLETED AS TO PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF PUBLIC IMPROVEMENTS - TRACT 10593 (BEAR BRAND RANCH/PEPPER TREE BEND) WHEREAS, the City of San Juan Capistrano has entered into an agreement with Bear Brand Ranch Company for the construction of public improvements in Tract 10593; and, WHEREAS, the Director of Public Works has evaluated the final quantities and cost figures and recommends approval. NOW, THEREFORE, the City Council of the City of San Juan Capistrano does resolve as follows: SECTION 1. That the work required to be performed by said subdivider has been completed. SECTION 2. That the work is hereby accepted and approved. SECTION 3. It is further ordered that a "Notice of Completion" be recorded, on behalf of the City, in the office of the County Recorder of the County of Orange within ten (10) days of the date of this Resolution. PASSED, APPROVED AND ADOPTED this 21st day of April 1 1981 , by the following vote, to wit: AYES: NOES: ABSENT: ATTEST: CITY CLE,— Councilmen Friess, Buchheim, Hausdorfer and Mayor Schwartze None -1- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN �PISTRANO ) • I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 81-4-21-4 , adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 21st day of April 1 1981 . (SEAL) MARY ANN OVER, CITY CLERK STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) MARY ANN HANOVER, being first duly sworn, deposes and says: That she is the duly appointed and qualified City Clerk of the City of San Juan Capistrano; That in compliance with State laws of the State of California and in further compliance with City Resolution No. 79-2-21-7 and on the 24th day of April 1981, she caused to be posted: RESOLUTION NO. 81-4-21-4 being: COMPLETION OF PUBLIC IMPROVEMENTS - TRACT 10593 (BEAR BRAND RANCH/PEPPER TREE BEND) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE COMPLETED AS TO PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF PUBLIC IMPROVEMENTS - TRACT 10593 (BEAR BRAND RANCH/PEPPER TREE BEND in three (3) public places in the City of San Juan Capistrano, to wit: The Administration Building; The San Juan Hot Springs Dance Hall; The Orange County Public Library. -2- MARY ANN ANOVER, City Clerk San Jua Capistrano, California