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01/08/2008 CC Rpt A12 COUNCIL AGENDA STAFF REPORT • CITY,CLEFtK,U8 ONLY Meeting Date: January 8,2008 'L.,-..i r, '-. `-; ? Ai i 10 Public Hearing: El Discussion: 2 Consent Item: ,,,, CRY Olt Q11040111LUI January 1, 2008 TO: THE HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: BOND STATUS CHANGE —TRACT MAP 16528, COUNTRY CLUB VILLAS RECOMMENDATION: Authorize a status change of the road, drainage, sewer, water, and recycled water improvement performance securities to guarantee/warranty for Tract Map 16528, located on the corner of Bird Farm Road and Pomona Rincon Road, along the Chino Valley Freeway (SR 71) in the City of Chino Hills. ACKGROUND/ANALYSIS: On August 22, 2006, the City Council accepted Tract Map 16528 and the corresponding Performance and Labor and Material Securities. The site is approximately 4.7 acres and it is long and narrow. The proposed project is a 70-unit condominium complex. The unit sizes range from 1,000 to 1,600 square feet. Country Club Villas, Inc., 927 Deep Valley Drive, Suite 100, Rolling Hills Estates, CA 90274 provided the improvement securities. The required improvements have been completed and, at the request of the subdivider, the Engineering Department inspected the improvements and determined that the improvements have been built in accordance with the approved plans. The improvements described below have been approved for a status change to guarantee/warranty with no adjustment in the following bond amounts for a period of one (1) year to January 8, 2009, to guarantee against defective work and materials. Providing there are no liens filed against this project, the labor and material bonds shall be released six months after council action on this item. 1 ., il;K,,,':;,, -1.-6,,,,,:::;pik,t,_:::Lt4:,,,•:,,,,.1;,„-,,v,.•:,v4i,74v;,c,:-:1'4,4!-, ;-, ::,;,x:::-,7-,f,.,,,',i-i4;;-:, ,-Ji,,,E,,; ,,W p ,,, , ,,d;':M ,,, ?:,, ,,l !,,,il'iWi ,;,1„ ,1:VI:VAM,,;,.:ii t4,1 !?'kVi,,gf V.•C'.' ,;‘iil`i;::`i; 41':,PeTV;; 11!.,',!,i4IriOrl'ArA/PLIJII.V4F4(4V3;'5,:5:0 Road 731683S $81,025 Drainage 731684S $61,100 dpSewer 731685S $ 3,700 Water 731686S $21,525 Recycled Water 732332S $18,950 tENDA DATE: January 8, 2008 Page 2 BJECT: BOND STATUS CHANGE *TRACT MAP 16528, COUNTRY CLUB VILLAS REVIEW BY OTHERS: This item was reviewed by the Assistant Community Development Director. FISCAL IMPACT: There is no fiscal impact associated with this agenda item. R:.gectfully submitted, Recommended by: 96. t. .s N. La Belle, City Manager Raymond T. Hollaad, Interim City Engineer RH/YM/ps 411P 4111P