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HomeMy Public PortalAbout07) 7F Release of Security for Parcel Map No. 071195 for Road Improvements at 5324-5328 Welland AvenueAGENDA ITEM 7.F. COMMUNITY DEVELOPMENT DEPARTMENT DATE: TO: FROM: MEMORANDUM July 1, 2014 The Honorable City Council Donald E. Penman, Interim City Manager -iJ 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 PARCEL MAP NO. 071195 FOR ROAD IMPROVEMENTS AT 5324-5328 WELLAND AVENUE. RECOMMENDATION: The City Council is requested to: a) Approve the work that has been completed and accept the road improvements for public use; and b) Authorize the release of the security in the amount of $15,500 for Parcel Map No. 071195. BACKGROUND: 1. On May 17, 2012, the developer (i.e., Sun Homeland, Inc. 308 South First Avenue, Suite F, Arcadia, CA 91006) submitted a security deposit (i.e., Surety Bond) in the amount of $15,500 for a road improvement permit for Parcel Map No. 071195. The security deposit was provided to insure that the sanitary sewer improvements were completed by the developer. 2. On June 9, 2014, the City was notified by Los Angeles County Department of Public Works, that the road 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., Sun Homeland, Inc., 308 South First Avenue, Suite F, Arcadia, CA 91 006) submitted a security deposit (i.e., surety bond) in the amount of $15,500 to ensure that road improvements were completed at Parcel Map No. 071195. 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 road 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 FARBE:R, Director June 9, 2014 ·;he (A y counc11 C1ty of Temple City COUNTY OF LOS ANGELES DEPARTMENT OF PUBL lC WORKS "To Enrich Lives Through EffectiVe and Canng SefVIce" ~00 SOll':'ll FREMONT A VI NUl: AEC~LHAMBRA. CALIFORNIA •li8L•3·1D I 1\ lfE...~U."u~ <<>26)45H-510o V i.JJ.f.e:t:d~tv lacounty gov JUN 1 8 20 !4 PLt . - . I -'J~r-ETy 0; v'tSIOr.; 9701 East Las Tunas Drive Temple C1ty. CA 91780-2249 ROAD IMPROVEMENTS PARCEL MAP NO. 071195 5324-5328 WELLAND AVENUE, TEMPLE CITY THOMAS GUIDE PAGE 597-D3 ATTACHMENT A ADDRESS ALL CORRESPONDENCE TO PO BOX 1460 ALIIAMURA. CALIFORNIA 91H02-1460 IN REPLY PLEASE REFER TO FILE LD-1 The construction of the road improvements for Parcel Map No. 071195, guaranteed by the secunty below has been completed in compliance with the plans and specifications and in a manner satisfactory to the City Engineer. IT IS RECOMMENDED THAT YOUR COUNCIL: 1. Approve the work that has been completed, and accept the road improvements for public use and maintenance. 2. Approve the release of the following portion of the listed security. Road Improvement Portion Bond No.: Orig1nal Faithful Performance Amount: 4383287 $15,500 $0 New Performance Amount: Pnnc1pa1· Surety Company: Su n Homeland , Inc. 308 South First Avenue, Suite F Arcadia, CA 91006 Suretec Insurance Company 3033 Fifth Avenue, Suite 300 San Diego, CA 92103 The City Council June 9 2014 Page 2 Ple ase instruct the City Clerk to send a copy of the City Council's action on this recommendation to the principal, surety, City Engineer, and this office. If you have any questions, please contact Mr. David Esfandi at (626) 458-7130 or mesfandi@dpw.lacounty.gov. Very trul y yours, GAIL FARBER Director of Public Works fl'. 0 n, ~{"ANTHONY E NYIVIH Ass1stant Deputy Director Land Development Division MDE.plg P ILDPUBISUBMGMT\ROAD IMPROVE\071195RO·templecc doc cc. City of Temple City (Neville Pereira) Sun Homeland, Inc. Suretec Insurance Company