Loading...
HomeMy WebLinkAboutAGENDA REPORT 2008 0618 CC REG ITEM 10CrrEM IO.C. C 977 of WOkPARex., City Council Meeting of 6- IS -aeon ACTION: W 11. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Lail, City Engineer /Public Works Director DATE: June 5, 2008 (CC Meeting of 06/18/08) SUBJECT: Consider Exoneration and Reduction of Surety Bonds for Lennar Moorpark, LLC (RPD 1998 -03, TR4975) BACKGROUND This is a 127 home Residential Planned Development (No. 1998 -03, TR4975) located on the east side of Miller Parkway in between Peach Hill Road and Tierra Rejada Road as shown on Attachment 1. DISCUSSION Lennar Moorpark, LLC has requested the exoneration of their surety bonds on file with the City for Tract 4975. These surety bonds were used as a mechanism to guarantee the grading, improvements, performance and payment for the project. The release of these bonds was delayed due to punch list items relating to landscaping, sidewalk, and vernal pool issues. All work covered under these surety bonds have been completed with the exception of minor landscaping (Attachment 2) at the Corkwood /Shawnee and Delaware /Shawnee corners. To guarantee the completion of this work grading bond No. 11127444229 will be reduced to $100,000. On the completion of this work to the satisfaction of the City Engineer and Planning Director, this bond will then be released. SAPublic Works \Everyone \Staff Reports\ 2008\ June \TR4975_Exone ration _061808.doc I I ^� 4 Honorable City Council June 18, 2008 Page 2 The following are the applicable bonds: FISCAL IMPACT None. STAFF RECOMMENDATIONS 1. Authorize the City Clerk to exonerate Surety Bond No 11127444252 and No 11133375284 for Lennar Moorpark, LLC. 2. Authorize the City Clerk to reduce Surety Bond No. 11127444229 to $100,000 for Lennar Moorpark, LLC and upon City Engineer and Planning Director approval to exonerate the balance of the surety bond. ATTACHMENTS 1 —Vicinity Map 2 — Cost Estimate for Remaining Landscaping s YA.85 SURETY BOND ORIGINAL PRIOR AUTHORIZED TYPE NUMBER BOND AMT. AUTHORIZED ACTION OF ACTIONS 06/18/2008 1 Trail 11127444252 $19,525 NONE Exonerate 2 Grading 11133375284 $1,265,165 NONE Exonerate 3 Grading 11127444229 $617,760 NONE Reduce to $100,000 FISCAL IMPACT None. STAFF RECOMMENDATIONS 1. Authorize the City Clerk to exonerate Surety Bond No 11127444252 and No 11133375284 for Lennar Moorpark, LLC. 2. Authorize the City Clerk to reduce Surety Bond No. 11127444229 to $100,000 for Lennar Moorpark, LLC and upon City Engineer and Planning Director approval to exonerate the balance of the surety bond. ATTACHMENTS 1 —Vicinity Map 2 — Cost Estimate for Remaining Landscaping s YA.85 A TTACHMENT 1 A�G��tiS � Q P '4RK qY SpR�hC PROJECT C PEACH HILL E S1 TE ROAD o D A E G E 0 o ® SHAWNEE STREET Q) CORKWOOD DRIVE Q SCHOLARTREE COURT ® CRABAPPLE COURT ® ILLINOIS COURT ® DELAWARE DRIVE HOPI COURT WCIMTY MAP NO SCALE TRACT 4975 April 14, 2008 Mr. Bob Brazell Newhall Land 23823 Valencia Blvd. Valencia, CA 91355 RE: Belfiori Slope Enhancement Dear Bob, lit 111FEaa111A1 INCIRFIRATE11 Landscape Architects The following is a breakdown of fees for the re- vegetation of the slopes on the corners of Corkwood /Shawnee and Delware /Shawnee. Currently, the two slopes in question are planted with `native' plant material. In order to re- vegetate these slopes to match the ornamental landscaping throughout the tract, the existing plant material will need to be removed. The existing native plant material has different watering needs than the ornamental landscaping and will perish or do extremely poorly if over - watered. Corner of Corkwood and Shawnee (approx. 2,148 s.f.): Remove existing plant material, clear and grub 2,148 s.f. @ .35 s.f. $752.00 Chemical weed removal 2,148 s.f. @ .05 s.f. $107.00 Haul debris allowance $500.00 New plant material 1- gallon Acacia or Myoporum @ 6' o.c. $567.00 (4) 15- gallon trees $460.00 Irrigation repair allowance $750.00 Sub -total $3,136.00 Corner of Delaware and Shawnee Lapprox. 17,420 s.f. Remove existing plant material, clear and grub 17,420 s.f. @ Chemical weed removal 17,420 s.f. @ Haul debris allowance New plant material 1- gallon Acacia or Myoporum @ 6' o.c. (20) 15- gallon trees Irrigation repair allowance Sub-total Total Sincerely, 4 -14 -08 Jeremy Laurentowski - R.L.A. #4373 Date 35 s.f. $6,097.00 05 s.f. $871.00 $1,500.00 $4,597.00 $2,320.00 $2,000.00 $17,385.00 $20,521.00