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11-23-2010 CC Rpt A07 COUNCIL AGENDA STAFF REPORT CITY CLERK USE ONLY �,,, , . Meeting Date: November 23. 2010 RECEIVED r "" Public Hearing: ❑ 2010 NOV 15 AM 8: 08 _:; - Discussion: ❑ / OFFICE OF crry CLERK r--,1"'"°"'"', Consent Item: []' CHINO HILLS November 16, 2010 TO: THE HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: BOND STATUS CHANGE AND RELEASE OF THE MONUMENTATION DEPOSIT FOR TRACT MAP 15898 (RIDGEGATE), LOCATED ON SOQUEL CANYON PARKWAY WEST OF PIPELINE AVENUE RECOMMENDATION: 1. Authorize a status change of the road, HOA production slope, and HOA onsite landscape improvements required for Tract Map 15896. 2. Authorize release of the monumentation cash deposit for Tract Map 15898. BACKGROUND/ANALYSIS: The original improvement securities for Fieldstone Communities, L.L.C., 2 Ada, Suite 200, Irvine, CA 92618, were accepted on November 2, 2005. The project consists of 150.04 acres and includes one hundred twenty-five (125) residential lots and forty (40) lettered lots. The required improvements have been completed and, at the request of the subdivider, the Engineering Department and Planning Division 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 November 23, 2011, 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,' Im provement Bor 'd.No. ' � Amount Amount ' Road I SU5017043 $465,540 I $465,540 � { HOA Production Slopes I SU5017969 ( $321,366 I $321,366 HOA Onsite Landscape SU5017988 E $600,066 $375,042 /� 7 AGENDA DATE: November 23, 2010 Page 2 SUBJECT: BOND STATUS CHANGE AND RELEASE OF THE MONUMENTATION DEPOSIT FOR TRACT MAP 15898 (RIDGEGATE), LOCATED ON SOQUEL CANYON PARKWAY WEST OF PIPELINE AVENUE Fieldstone Communities posted a cash deposit of$30,000 to insure that all required monuments shown on the final map are set, and centerline ties filed with the Engineering Department as required under Section 66496 of the Subdivision Map Act. A certification from Stanley C. Morse, L.S. No. 3640, is on file stating that all monuments have been set and payment has been made in full. The Engineering Department has inspected all monuments and reviewed and approved the necessary centerline ties and finds this tract acceptable for release of the cash deposit. REVIEW BY OTHERS: This agenda item has been reviewed by the Community Development Director. FISCAL IMPACT: There is no fiscal impact associated with this agenda item. The cash deposit in the amount of $30,000 was deposited into Trust Deposit Account No. E5005M. Respectf Ily submitted, Recommended by: Michael S.` repgrer, C anager Steven C. Nix, city Engineer SN/YM/ps l Attachment IDRAWING NUMBER T 15898 2/l l DRAWING NUMBER DRAWING NUMBER DRAWING NUMBER NId two_woo/Ca WOO DPV .( IA SUIDPR5 IS •7003.(077 m Kw14EFwnffiO4 SURVEYOR'S NOTES BASIS OF BEARINGS T R 1 e ACT ® . 15898 SHEET 2 OF tt SHEETS ( 1 XMfAtES RECORD PER P m B ,3]/55-5]. INE EFM0403 PPM 010000 070&RO ON 1X0 WESTERLY UNLESS OTHERWISE DATANOT70 CBE OF moo 1 OF PA4CFL IV N0.12293,P Ma 137/00-57,BEw00+.033'x0'0. IN THE CITY OF CHINO HILLS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA (_7 0N1IDATES MEASURED Aw RECORD DATA PER PSIS. 137/55-57. DOW A 5'$O 55.CN OF PARCEL 1 OF PARCEL WP.W.12359,MEP IN soak 137. PAGE,0.))19.08705 RECORD DATA PER NB. 196/35-44 MONUMENT NOTES RDU sfi AND 57 OF ASSOCTTCEL ATES RECORDS w SLD,2004 COMPOSITE DEVELOPMENT PLAN NOTE PPBWE, CORNWELL k ASSOCNTEs,INC. JULv,200a 4_> 0007041ES RECORD DATA PER M.B. 133/35-44. 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