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02-22-2011 CC Rpt A09 COUNCIL AGENDA STAFF REPORT CITY CLERK tg ONLY RECEIIVED k, , rir Meeting Date: February 22. 2011 .A., 2011 FEB 14 AM 9: 30 r=: Public Hearing: ❑ s Discussion Item: [17 OFFICE OF CVI '1 CLERK •• Consent Item: CI•IIHO HILLS February 15, 2011 TO: THE HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: BOND STATUS CHANGE FOR TRACT MAP 15164, LOCATED SOUTHWEST OF PEYTON DRIVE AND WOODVIEW ROAD, ALSO KNOWN AS VELLANO IN THE CITY OF CHINO HILLS RECOMMENDATION: Authorize a status change of the road improvements required for Tract Map 15164. BACKGROUND/ANALYSIS: The original improvement securities for Chino Hills Land West, L.L.C. and Chino Hills Mortgage, L.L.C., 333 South Grand Avenue, 28th Floor, Los Angeles, CA 90071, were accepted on November 27, 2001. The project consists of 205 single-family detached homes, a golf course, clubhouse and amenities, a golf course maintenance building, two City parks, open space, and trails. The subdivider completed substantial milestones toward completion of the road improvements and, on November 14, 2006, the performance security was reduced by 75%. 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 February 22, 2012, 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. Type of Performance .:Guarantee/Warranty Improvement Bond NoAmount Amount Road I 103717790 I $1,183,650 I $1,183,650 FISCAL IMPACT: There is no fiscal impact associated with this agenda item. Respectfu ly s bmitted, Recommended by: r Michael S. Fle: DRnvvING NUMBER DRAWING NUMBER . DRAWING NUMBER .. DRAW IG NUN. . TR Istag AMENDING ,` 44 /23 MAP 1 _ A _� *m ,� 01, � ***WEW*�A 1 m mmnR x. - -- - m-- --1.,.x.,.7.4,, - - P.-..,1,...,....-v - - - � 9/ ear AMENDING MAP ' . e - N 23 N woe J' 500• \\f 541'.1/9 Ofc2-sneers TRA�CTI NO. 151004 V ° ACRES. 56°. AG. TOO 60.1015 Of BEAGIOS MD 90NAART NP SCC EC ThIS I (' C'aoplv4 fAM5i "POR MED MP,EASEMENT MO MONLTIENT NOTES SEE 1195*IEEE 4 • MING A PORTION Or 51011055 Ji 640 32.TOWNS.*2 SOOM,RANGE B WEST• �. t o &49 'P T13*1 A WWF-OORtMIPiDN PER NOTE*REFER TO THIS SHEET EOR OVERALL LOT 200 AN0 A PORTION or 50011005 5 AND G.TOWN5100 3 501100,RANGE B WEST.SOK ^y a4 N TItE CITY OF CMNO HMS. COUNTY OF SAN BERNARDINO. STATE OF CALIFORNIA /11%jr, ` ,%A , t MOOED R50RMATION PER TIES 441001D MAP 9 THE 121711 COMPARES.NC, W / . 045 5 r0. 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