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11-12-2008 CC Rpt A16COUNCIL AGENDA STAFF REPORT CI7Y_CLERKUSEONLY Meeting Date: November 12. 2008 Public Hearing: ❑ Discussion Item: ❑ Consent Item: 15 GiIIPH, riILL5 November 5, 2008 TO: THE HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: DEPOSIT RELEASE FOR TRACT MAP 13906-5 (CORAL RIDGE), LOCATED ON THE NORTH SIDE OF EUCALYPTUS AVENUE, WEST OF CHINO HILLS PARKWAY RECOMMENDATION: Authorize release of the cash deposit for Tract Map 13906-5, BACKGROUND/ANALYSIS: Tract Map Number 13906-5 is located on the north side of Eucalyptus Avenue, west of Chino Hills Parkway, in the City of Chino Hills. The boundaries of Tract Map Number 13906-5 encompass 83.76 gross acres and include one hundred and forty (140) residential parcels and four (4) lettered lots. MJ Brock & Sons, 23382 Mill Creek Drive, Suite 130, Laguna Hills, CA 92626, originally posted a cash deposit of $29,679 to insure that the Registered Surveyor of Record sets all centerline ties and final monuments as required on the final map. MJ Brock and Sons was acquired by The Ryland Group, Inc., 1250 Corona Pointe Court, Corona, CA 92879, in 1986. A certification from Glen L. Ludwig, R.C.E 13191 is on file stating that all monuments have been set and payment has been made in full. The Engineering Department has inspected all centerline ties and monuments and finds this tract acceptable for release of the cash deposit. The release of this deposit is in accordance with Sections 66496 of the Subdivision Map Act. REVIEW BY OTHERS: This item was reviewed and approved by the City Engineer. FISCAL IMPACT: There is no financial impact. The cash deposit in the amount of $29,679 was deposited into Trust Deposit Account No. E4067M. Res ectfully submitted, Dou s . 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