HomeMy Public PortalAbout06) 7E Release of Security for Tract No. 069956 for Sanitary Sewer Improvements on Mcculloch AvenueAGENDA
ITEM 7.E.
COMMUNITY DEVELOPMENT DEPARTMENT
DATE:
TO:
FROM:
MEMORANDUM
July 1, 2014
The Honorable City Council
Donald E. Penman, Interim City Manager q£
Via: Michael D. Forbes, Community Development Director
By: Robert Sahagun, Public Safety and Services Manager
Andrew J. Coyne, Management Analyst
SUBJECT: RELEASE OF SECURITY FOR TRACT NO. 069956 FOR SANITARY
SEWER IMPROVEMENTS ON MCCULLOCH AVENUE.
RECOMMENDATION:
The City Council is requested to:
a) Approve the work that has been completed and accept the sanitary sewer
improvements for public use; and
b) Authorize the release of the security in the amount of $59,400 for Tract No.
069956.
BACKGROUND:
1. On May 18, 2011 , the developer (i.e., Xing Vue International Trading, 308 South
First Avenue, No. G, Arcadia, CA 91 006) submitted a security deposit (i.e., Surety
Bond) in the amount of $59,400 for a sanitary sewer improvement permit for Tract
No. 069956. The security deposit was provided to insure that the sanitary sewer
improvements were completed by the developer.
2. On May 29, 2014, the City was notified by Los Angeles County Department of
Public Works, that the sanitary sewer improvements were completed and
inspected and found to be in compliance with the approved plans.
'--------------------------·---
City Council
July 1, 2014
Page 2 of 2
ANALYSIS:
When a developer is proposing a subdivision in the City, a security deposit (e .g.,
Certificate of Deposit, Surety Bond, Check) must be submitted to insure that required
improvements (e.g., sanitary sewer, water system, street tree, and/or road
improvements) are completed in accordance with approved plans. After the
improvements are completed by the developer, the City is notified by Los Angeles
County Department of Public Works that the improvements have been completed ,
inspected , and found to be in compliance with the approved plans. Then, the City
Council must approve the work that has been completed, accept the improvements for
public use and maintenance, and approve the release of the deposited security.
CONCLUSION:
The developer (i.e., Xing Yue International Trading, 308 South First Avenue, No. G
Arcadia, CA 91 006) submitted a security deposit (i.e., surety bond) in the amount of
$59,400 to ensure that sanitary sewer improvements were completed at Tract No.
069956. The Los Angeles County Department of Public Works notified the City that the
road improvements were completed, inspected and found to be in compliance with the
approved plans (Attachment "A"). Hence, the City can approve work as completed,
accept the sanitary improvements for public use, and release the security deposit.
FISCAL IMPACT:
This item does not have an impact on the Fiscal Year (FY) 2014-15 City Budget.
ATTACHMENT:
A. Letter from the County of Los Angeles Department of Public Works
GAIL FARBEI{, Director
May 29. 2014
The C1ty Council
City of Temple City
C OUNTY OF LO S ANGELES
DEPARTMENT OF PUBLIC WORKS
"To Ennch Lives Through Effective and Canng Serv1ce "
900 SOU 1"11 I·RLMON I 1\VFNUI·
ALHAMBRA, CALIFORNIA 91801-1 n I
Tel~phone !626)458-5100
"imp//dpw Iacount} go'
970 i Las Tunas Dnve
Temple City CA 91780-224 9
SANITARY SEWER IMPROVEMENTS
TRACT NO. 069956
PRIVATE CONTRACT NO. 07-10TEMP
MCCULLOCH AVENUE
THOMAS GUIDE PAGE 597 -D3
ATTACHMENT A
ADDRI:::.~ ALl CORRESPONDI·NC'l: TO
PO. BOX 1460
ALHAMBRA. CALIFORNIA 91802-1460
IN REPLY PLEASE
REFER TO FILE LD-1
The construction of the sanitary sewer improvements for Tract No. 069956, constructed
under Private Contract No. 07-1 OTEMP, has been completed m compliance with the plans
and specifications and in a manner satisfactory to the City Eng1neer.
IT IS RECOMMENDED THAT YOUR COUNCIL:
1. Approve the work that has been completed , and accept the sewer for public use
2. Approve the release of the following security held by the City for this project.
Sewer Improvement Portion-Private Contract No. 07-10TEMP
Bond No.: 4370010
Orig1nal Faithful Performance Amount: $59.400
New Performance Amount: $0
Principal:
Surety Company:
Xing Yue International Trading
308 South First Avenue, No. G
Arcadia, CA 91006
Suretec Insurance Company
3033 Fifth Avenue, Suite 300
San Diego, CA 92103
The City Council
May 29, 2014
Page 2
Please instruct the City Clerk to send a copy of the City Council's action on this
recommendation to the principal, surety, and City Engineer.
Very truly yours,
~'~
fY'\P¥ GAIL FARBER
City Engineer
MDE:tb
P:ILDPUBISUBMGMnsEWERIMPROVEITR069956SW· TEMPCC.doc
cc: Xing Yue International Trading