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HomeMy Public PortalAbout7DAGENDA Tem-p_le MhMORANDUMITEM7D. Staff Report TO: THE HONORABLE CITY COUNCIL DATE: SEPTEMBER 21, 2010 FROM: JOSE E. PULIDO, CITY MANAGER BY: BRYAN ARIIZUMI, PUBLIC SAFETY OFFICER SUBJECT: RELEASE OF SURETY BONDS FOR TRACT NO. 065942 FOR ROAD IMPROVEMENTS AND SANITARY SEWER IMPROVEMENTS AT 5063 — 5067 SERENO DRIVE SUMMARY The developer (Le., Kotai Sereno Garden,LLC) submitted Surety Bonds in the amounts of $87,000 and $62,100 to ensure that road and sanitary sewer improvements, respectively, were completed at Tract No. 065942. The City was notified by Los Angeles County Department of Public Works, that the road and sanitary sewer improvements were completed and inspected and found to be in compliance with the approved plans. BACKGROUND On March 30, 2009, Kotai Sereno Garden, LLC, 6360 N. Willard Avenue, San Gabriel, CA 91775 submitted a road improvement permit Surety Bond for $87,000 and a sanitary sewer improvement permit Surety Bond for $62,100 for Tract No. 065942 to Suretec Insurance Company, 3033 Fifth Avenue, Suite 300, San Diego, CA 92103. The Surety Bonds were to insure that road and sanitary sewer improvements were completed by the developer. The City was notified by Los Angeles County Department of Public Works that the road work and sanitary sewer work were completed in a satisfactory manner. Hence, the City needs to release the Surety Bonds. FISCAL IMPACT No impact. RECOMMENDATION Authorize the release of the Surety Bonds in the amount of $87,000 and $62,100 ($149,100 total) for Tract No. 065942. ATTACHMENT Letters of notification from the County of Los Angeles Department of Public Works COUNTY OF LOS ANGELES DEPARTMENT OF PUBLIC WORKS "To Enrich Lives Through Effective and Caring Service- (.;. -‘I FAIOUI;R, 1)irector August 23, 2010 The City Council City of Temple City 9701 East Las Tunas Drive Temple City, CA 91780-2249 0H00 SOUTH FREMONT AVENUE ALHAMBRA, CALIFORNIA 918(.}3-1 331 Telephone- (026) .:158-3100 imp :lldpw,Ittcounty-gov ROAD IMPROVEMENTS TRACT NO. 065942 SERENO DRIVE THOMAS GUIDE PAGE 0596-H4 RECEIVED a TEMPLE CITY cm, MANAGER'S OFFICE* ADDRESS ALL CORRESPONDENCE TO. P O. 13OX 1460 ALHAMBRA, CALIFORNIA 01002-1400 IN REPLY PLEASE REFER 10 FELE LD-1 The construction of the road improvements for Tract No. 065942, guaranteed by the security 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 security: Road Improvement Portion Bond No.: Original Faithful Performance Amount: New Faithful Performance Amount: Principal: Surety Company: 4372865 $87,000 $0 Kotai Sereno Garden, LLC 6360 North Willard Avenue San Gabriel, CA 91775 Suretec Insurance Company 3033 Fifth Avenue, Suite 300 San Diego, CA 92103 The City Council August 23, 2010 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 the City Engineer. Very truly yours, GAIL FARBER City Engineer DPUB\SUBMGMT\ROAD !MPROVE\O65542RD-templecc:doc COUNTY OF LOS ANGELES DEPARTMENT OF PUBLIC WORKS "To Enrich Lives Through Effective and Caring Service" GAIT. FARBER, Director September 2, 2010 The City Council City of Temple City 9701 East Las Tunas Drive Temple City, CA 91780-2249 900 SOUTH FRZEMONT AVENUE ALL1AMBRA, CALIFORNIA 91903-1331 Telephone: (626) 153-5100 http:I/dpw_Iacouaty= gov SANITARY SEWER IMPROVEMENTS PRIVATE CONTRACT NO. 07-6 TRACT NO. 065942 REcoveD Rut ADDRESS ALL CORRESPONDENC P.O BOX 1460 ALHAMBRA. CALIFORNIA 9130? -1-160 IN REPLY PLEASE REFER TO FILE LD-1 The construction of the sanitary sewer improvements for Tract No. 065942, guaranteed by the improvement security below and constructed under Private Contract No. 07-6, has been completed in compliance with the plans and specifications and in a manner satisfactory to the City Engineer. IT 15 RECOMMENDED THAT YOUR COUNCIL: 1. Approve the work that has been completed and accept the sewer improvements for public use and maintenance. 2. Approve the release of the following portion of the security: Sewer Improvement Portion Bond No.: 4372865 Original Faithful Performance Amount: $62,100 New Faithful Performance Amount: $0 Principal: Surety: Kota' Serena Garden, LLC 6360 North Willard Avenue San Gabriel, CA 91775 Suretec Insurance Company 3033 Fifth Avenue San Diego, CA 92103 The City Council September 2, 2010 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 the City Engineer. Very truly yours, 7 GAIL FARBER City Engineer tb LUPUB\SUBUIVSN\MGMTSEWER IMPROVEMENTS1065942SEW_CCTEMPLE CITY doe cc: Suretec Insurance Company