Resolution Number 20-12-07-07RESOLUTION NO. 20-12-07-07
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 16146, 17655 and 17713
OLIVA RESIDENTIAL DEVELOPMENT (APPLICANT: THE NEW HOME
COMPANY SAN JUAN LLC, A DELAWARE LLC)
WHEREAS, on December 20, 2005, the City Council adopted Resolution No. 05-
12-20-02 conditionally approving Vesting Tentative Tract Map 16146 for a 31 -lot
residential subdivision on 16.14 acres of land owned by Martin E. and Marion E. Scalzo
Family 1987 Trust ("Owner"). In 2013, The New Home Company
("Applicant"/"Subdivider") purchased a portion of the Tentative Tract Map (TTM) 16146
known as the Oliva Subdivision (formerly known as Belladonna Estates) from the Owner.
After the transfer TTM 16146 was subdivided into three Final Tract Maps 16146, 17655,
and 17713, and recorded with associated Subdivision Improvement Agreements which
included conditions for on-site and off-site improvements; and,
WHEREAS, The New Home Company San Juan LLC, a Delaware LLC, the
current developer of Tract 16146, 17655 and 17713 has requested that the City determine
that such on-site and off-site improvements are completed and the corresponding
remaining surety bonds be released accordingly. The surety release is as follows:
SURETY COVERAGE
(Philadelphia Indemnity Insurance Company)
Bond Number T pe of Improvement Bond Amount
PB02497500070
PB02497500123
PB02497500125
PB02497500168
PB02497500201
PB02497500204
PB02497500205
PB02497500206
PB02497500230
PB02497500121
PB02497500202
PB02497500203
Rough Grading
Landscape and Irrigation
Monumentation
Precise Grading
Street Improvements
Drainage Improvements
Landscape and Irrigation
Monumentation
Rough Grading
Street/Water/Sewer/Drainage jr. 17713)
Water jr. 17655)
Sewer jr. 17655)
Total Bond Amount
$ 1,438,800.00
$ 1,744,000.00
$ 24,000.00
$ 130,576.05
$ 204,000.00
$ 247,000.00
$ 918,000.00
$ 13,000.00
$ 378,020.00
$ 2,428,000.00
$ 142,000.00
S 143,000.00
$ 7,810,396.05
12/7/2020
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 $7,810,396.05 is accepted.
SECTION 3. That the sureties described in the chart above may be released
accordingly.
PASSED, APPROVED, AND ADOPTED this 7th day of December 2020.
jn14KftAYLOR, MAYOR
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, Maria Morris, appointed City Clerk of the City of San Juan Capistrano, do hereby certify
that the foregoing Resolution No. 20-12-07-07 was duly adopted by the
City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 7th
day of December 2020, by the following vote:
AYES, COUNCIL MEMBERS: Hart, Bourne, Farias, Reeve and Mayor Taylor
NOEPO � NCIL MEMBERS: None
ABSEN •-bQ NCIL MEMBERS: None
11 T i li i i'! iT[* IMM
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