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01-25-1994 CC Rpt A11CITY OF CHINO HILLS- INCORPORATED 1991 ;- IV 2001 Grand Avenue Chino Hills, CA 91709 (909) 590-1511 • Fax (909) 590-5646 JANUARY 4, 1994 '94 JAN 12 iii 1 :0 0 OF. 1.�1 ,° APPROVED FOR CITY COUNCIL Finance: C. - City Manager: AGENDA DATE: JANUARY 25, 1994 TO: CITY MANAGER/CITY COUNCIL FROM: CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SUBJECT: TIME EXTENSION - TRACT 13601, RINCON RECOMMENDATION: Authorize a twenty-four month extension of time to August 24, 1994 to complete the landscape improvements required for Tract 13601 located in the City of Chino Hills, Rincon area. DISCUSSION/JUSTI FICATION: The original agreements were accepted on August 24, 1989. The developer was granted twelve month time extensions on September 16, 1991 and September 4, 1992. The developer has cited needing additional time to complete the project because of the delay in home sales. The current securities for this development are adequate to cover current costs to August 24, 1994. Owner: Olympia Roberts Company 237 Park Avenue New York, New York 10017 Current Amount: Performance (5235698) Landscape $1,040,000 Labor/Material (5235698) Landscape $520,000 Council Members Ed Graham Gary G. Larson Gwenn Norton -Perry Jim Thalman Mike Wickman t CITY MANAGER/CITY COUNCIL JANUARY 4, 1994 AGENDA DATE: JANUARY 25, 1994 PAGE TWO SUBJECT: TIME EXTENSION - TRACT 13601, RINCON REVIEW BY OTHERS: This item was reviewed by Linda LaPorte, Development Services Technician, and the City Attorney. FINANCIAL IMPACT: There is no financial impact. Respectfully submitted, Z �• c � CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER CAV/LL/tr Attachments AGENDAMMEEXT71L it �YiikY�•n#!t'A'a7.l�Yt°a_ J� -- rM"r Or '� • aTd� •�ps'• .�. a 1' �• _ td i. re it K rrl W. it i -ht 8 i _mtmDEKVA4£ rn r g kRXro rp to ata a �o o< � O a t g a 9 E VAI`•= r z •4 i {� 4 1S a ry ° y �: g 1 it ' 9 4 4 3 g I C-3 gg 5 9 V CO M _ !p zv 338 S � 4 s,g•w � �q�'r4o 5 �e — � _ z140 , r g F r o v 1 \: � .. ZSR'- 29•r 3�.. y = b © - !H'! � j '��, . t \ 5-01 eo asw� Mw0 MLLE hF E � 1 SJ? ` T \ \ • � � i' (� Cb TIME EXTENSION REQUEST FORM TRACT/MINOR SUBDIVISION/PLOT PLAN - NO: TRACT 13601 TYPE OF BOND: LANDSCAPE BOND NO. 523 5698 It is requested by OLYMPIA ROBERTS COMPANY . , OWNER of the project known as TRACT 13601 , that the time of completion of LANDSCAPE improvements required by the Subdivision Agreement accepted by San Bernardino County for the City of Chino Hills on AUGUST 21,1989, to be extended TWENTY-FOUR (24) months, to AUGUST 21, 1994. The OWNER hereby agrees to submit new agreements and/or securities within ten (10) days of demand if it is determined that the existing securities are not sufficient to cover the costs of the required improvements; and The OWNER hereby also agrees that the required work shall be completed prior to the expiration date of the requested time extension period in accordance with the attached schedule of completion. If OWNER does not proceed with the required improvements in a timely manner, or if any complaints from the property owners within this project are received, the extension for time may be rescinded by the City of Chino Hills, and foreclosure proceedings against the securities will be initiated. By: eSL'r 4 7d -C 4&- Financial/Surety Signature -must be notarized \M �- (L(� 6tw-i - OWRER Signature - must be notarized Title Address: of 37 q /oe� Jrj f Address t 4 ecce t BELOW TO BE FILLED IN BY DEPARTMENTS: - Term E*ku DecombW 81, t9.33 Engineering Department Approval Disapproval Sewer Purveyor_ Approval Disapproval By: By:_ Title Title Planning Department Approval Disapproval By:_ Title Water Purveyor Approval Disapproval By: Title r City Attorney Lan( Approval •J Ap�t Disapproval Disa By: By:_ Title /- Titl CNA INSURANCE COMPANIES Nv World Nae Canter, 38th Floor, New YbNew York 7ood8.OM VERIFICATION CERTIFICATE This is to certify that this Company has not terminated Its Suretyship under the following described bond, and that such bond according to its record Is still in full force and effect for the period commencing August 21, 1992 and Ending August 21, 1994 Bond No 5235698 on behalf of: OLYMPIA/ROBERTS COMPANY 222 Country Club Drive, CA 93065 in favor of: County of San Bernardino -Board of Supervisors 175 West 5th Street, San Bernardino, CA 92415 in the amount of: One Million, Forty -Thousand & uo/00 ($1,040,000.00) Signed and Dated this 21st day of December 19 93 National Fire Insurance Company of Hartford B Y • MARILYN M. BURD , Atto ey-in-fact- or For All Lhe Commhmenu %u Mricr' National Fire Insurance Compal,y of Hartford civA For All the Commitments You Make' Off Ice/Chicago, Illinois POWER OF ATTORNEY APPOINTING INDIVIDUAL ATTORNEY-IN-FACT Know All Men by these Presents, That the NATIONAL FIRE INSURANCE COMPANY OF HARTFORD, a corporation duly organized and existing under the laws of the State of Connecticut, and having its general administrative office in the City of Chicago, and State of Illinois, does hereby make, constitute and appoint Marilyn M. Burd. Individually Of Los Angeles, California its true and lawful Attorney -in -Fact with full power and authority hereby conferred to sign, seal and execute in its behalf bonds, undertakings and other obligatory instruments of similar nature - In Unlimited Amounts - and to bind the NATIONAL FIRE INSURANCE COMPANY OF HARTFORD thereby as fully and to the same extent as if such instruments were signed by theduly authorized officers of NATIONAL FIRE INSURANCE COMPANY OF HARTFORD and all the acts of said Attorney. pursuant to the authority hereby given are hereby ratified and confirmed. This Power of Attorney is made and executed pursuant to and by authority of the following Resolution duly adopted on February 21, 1955 by the Board of Directors of the Company. RESOLVED: That the President, an Executive Vice President or any Vice President of the Corporation may, from time to time, appoint, by written certificates, Attorneys -in -Fact to act in behalf of the Corporation in the execution ofolicies of insurance, bonds undertakinggs and other obligatory instruments of like nature. Such Attorneys -in -Fact, subject to the limitations set forth In their respective certificates of autflority, shall have furl power to bind the Corporation by their signature and execution of any such instrument and to attach the seal of the Corporation thereto. The President, an Executive Vice President, any Vice President or the Board of Directors may at any time revoke all power and authority previously given to any Attorney -in -Fact. This Power of Attorney is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of the Company at a meeting duly called and held on the 14th day of May. 1964. RESOLVED: That the signature of the President, an Executive Vice President or a Vice President and the seal of the Corporation may be affixed by facsimile on any power of attorney granted pursuant to the Resolution adopted by this Board of Directors on February 21, 1955 and the signature of a Secretary or an Assistant Secretary and the seal of the Corporation may be affixed by facsimile to any certificate of any such power, and any power or certificatebearing such facsimile signatures and seal shall be valid and binding on the Corporation. Any such power so executed and sealed and certified by certificate so executed and sealed, shall, with respect to any bond or undertaking to which it Is attached, continue to be valid and binding on the Corporation. In Witness Whereof, the NATIONAL FIRE INSURANCE COMPANY OF HARTFORD has caused these presents to be signed by its Vice President and its corporate seal to be hereto affixed this 24th day of Apri 1 , 1991 . VASURq NATIONAL FIRE INSURANCE COMPANY OF HARTFORD Ncf n J. E. Purtell Vice President. OF HA0OP� State of Illinois, County of Cook, ss: On this 24th day of Apri 1 1 191 . before me personally came J. E. Purtell, to me known, who, being by me duly sworn, did depose and say: that he resides in the Village of Glenview, State of Illinois, that he is a Vice - President of the NATIONAL FIRE INSURANCE COMPANY OF HARTFORD. the corporation described in and which executed the above instrument: that he knows the seal of said Corporation; that the seal affixed to the said instrument is such corporate seal; that it was so affixed pursuant to authority given by the Board of Directors of said corporation and that he signed his name thereto pursuant to like authority, and acknowledges same to be the act and deed of said corporation. a " D e'h c NOTARY m J PUBLIC .Y Linda C. Dempseyu TIC. +CO., My Commission Expires 0ctob r 19, 1994 CERTIFICATE I, Robert E. Ayo, Assistant Secretary of the NATIONAL FIRE INSURANCE COMPANY OF HARTFORD, do hereby certify that the Power of Attorney herein above set forth is still in force. and further certify that the Resolutions of the Board of Directors, set forth in said Power of Attorney are still in force. In testimony whereof I have hereunto subscribed by name and affixed the seal of the said Company this 21St day of December ,1993 ? Ro rt E. Ayo Assistant Secretary 6-23142-C of "ARTF INV. NO G -57440-B CITY OF CHINO HILLS INCORPORATED 1991 2001 Grand Avenue Chino Hills, CA 91709 (909) 590-1511 9 Fax (909) 590-5646 JANUARY 10, 1994 AGENDA DATE: JANUARY 25, 1994 TO: CITY MANAGER/CITY COUNCIL APPROVED FOR CITY COUNCIL Finance: City Manager: FROM: CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SUBJECT: PARTIAL BOND REDUCTIONS - TRACT 13906-1, LOS RANCHOS RECOMMENDATION: 1. Authorize a partial reduction of the faithful performance bonds for the road/drainage, water, sewer, road/drainage backbone, water backbone, and sewer backbone improvements for Tract 13906-1 located in the City of Chino Hills, Los Ranchos. 2. Accept bond riders reflecting new amounts. DISCUSSION/JUSTI FICATION: The original agreements were accepted by the County of San Bernardino on February 20, 1990. Replacement agreements and securities under a new bonding company were accepted by City Council on August 24, 1993. The developer has requested a partial reduction of the onsite improvements and the mainline backbone improvement securities on Eucalyptus Avenue for this project. The Public Works Department has inspected the improvements and agree that the improvements are 30 - 50 percent complete. The partial reduction of the faithful performance bonds does not affect the labor/material and guarantee/warranty amounts. These bond amounts will remain in force. Owner: M.J. Brock & Sons 23382 Mill Creek Drive, Suite 130 Laguna Hills, CA 92653 Reduced Amount: Road/Drainage (B2379273) 30% Water (132379267) 50% Sewer (132379268) 50% Road/Drainage backbone (132379271) 50% Water backbone (132379270) 50% Sewer backbone (132379269) 50% $1,214,500 $224,000 $144,000 $2,600,000 $258,500 $98,500 Council Members Ed Graham Gary G. Larson Gwenn Norton -Perry Jim Thalman Mike Wickmae V CITY MANAGER/CITY COUNCIL JANUARY 10, 1994 AGENDA DATE: JANUARY 25, 1994 PAGE TWO SUBJECT: PARTIAL BOND REDUCTIONS - TRACT 13906-1, LOS RANCHOS REVIEW BY OTHERS: This item was reviewed by Steve Wright, Traffic Engineer, and Linda LaPorte, Development Services Technician. FINANCIAL IMPACT: There is no financial impact. Respectfully submitted, l C CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER CAV/LL/tr Attachments TERESA\AG EN DA: PARTIAL. 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