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HomeMy Public PortalAbout12) 7H Release of Security for Parcel Map No. 068199 For Street Tree Improvements At 6306-6312 Oak AvenueAGENDA ITEM 7.H. COMMUNITY DEVELOPMENT DEPARTMENT MEMORANDUM DATE: January 7, 2014 TO: The Honorable City Council FROM: Jose E. Pulido, City Managee( Via: Mark Persico, AICP, Community Development Director By: Jonathan Aceves, Community Preservation Officer SUBJECT: RELEASE OF SECURITY FOR PARCEL MAP NO. 068199 FOR STREET TREE IMPROVEMENTS AT 6306-6312 OAK AVENUE RECOMMENDATION: The City Council is requested to authorize the release of the security in the amount of $1,650 for Parcel Map No. 068199. The street tree improvements for Parcel Map No. 068199 were waived for this project due to insufficient space in the public right-of-way. BACKGROUND: 1. On July 7, 2011, I Home L.P., 737 Anoakia Lane, Arcadia, CA 91007, submitted a street tree improvement Certificate of Deposit to the Los Angeles County Department of Public Works for $1,650 for street tree improvements for Parcel Map No . 068199. The Certificate of Deposit was to ensure that the street tree improvements were completed by the developer. 2. On November 19, 2013, the City was notified by the Los Angeles County Department of Public Works that the street tree improvements were waived for this project due to insufficient space in the public right-of-way . ANALYSIS: When a developer is proposing a sub-division in the City, a security deposit must be submitted to ensure 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. City Council January 7, 2014 Page 2 of 2 However, the street tree improvements were waived for this project due to insufficient space in the public right-of-way. CONCLUSION: The developer (i.e., IHome L.P.) submitted a Certificate of Deposit in the amount of $1,650 to ensure that street tree improvements were completed at Parcel Map No. 068199 . The Los Angeles County Department of Public Works notified the City that the street tree improvements were waived due to insufficient space (Attachment "A"). Therefore, the City can now release the Certificate of Deposit. FISCAL IMPACT: This item does not have an impact on the Fiscal Year (FY) 2013-2014 City Budget. ATTACHMENT: A. Letter from the County of Los Angeles Department of Public Works GAI L FA RB ER, Director November 19, 2013 Mr Bryan Ariizumi Publ ic Safety Office r City ofT emple City COUNTYOFLOSANGELES DEPARTMENT OF PUBLIC WORKS "To Enrich Lives Through Effective and Caring Service" 900 SOUTH FREMONT A VENUE ALHAMBRA. CALIFORNIA 91803 -1331 Te lephone: (626) 458-5100 http ://dpw.lacounty. gov 9701 East Las Tunas Drive Temple City , CA 91780-2249 Dear Mr. Ariizumi: STREET TREEIMPROVEMENTS 6306-6312 OAK AVENUE PARCEL MAP NO. 068199 ATTACHMENT A ADDRES S ALL CORRESPONDENCE TO: P.O. BOX 1460 A LHAMBRA, CAUFORNIA 91802-1460 IN REPLY P LEASE REF ER TO FILE. LD-1 The street trees for Parce l Map No . 068199 were waived for this project due to insufficient room in the right of way. IT IS RECOMMENDED THAT YOUR COUNCIL: · 1. Approve the release of the follow i ng portion of the security: Street Tree Improvement Portion Certificate of Deposit No.: Ot=ig1R·ai=F-a-i-tf\-ft:ti-=PeF'fetfll a-RGe-Am·GtJ At : Original Labor & Material Amount: New Faithful Performance Amount: Date Received : Financial Institution: Depositor: !Home, L.P. 737 Anoakia Lane Arcadia, CA 91007 016899179 $4-;4-@8 $550 $0 July 7, 2011 Bank of the West Monterey Park Branch Mr. Bryan Ariizumi November 19, 2013 Page 2 Please instruct the City Clerk to send a copy of the City Council's action on this recommendation to the depos itor, surety, and the City Engineer. Very truly yours, ~~ C'( . 1'4l9,~u· GAIL FARBER City Engineer MDE:plg P \LDPUBISUBMGMTISTREET TREES\068199ST-templecc.doc