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BACKGROUND On September 3, 2013, the City Council approved PUD -97, an application by Ponderosa Homes to remove 32 mobile home spaces and related accessory structures, construct 12 detached single - family homes, and retain an existing home on the north side of the site for commercial use. The approximately 1.9 -acre property is located on the south side of Stanley Boulevard and east of Main Street. On November 13, 2013, the Planning Commission approved an application by Ponderosa Homes for a vesting tentative map for Tract 8159 to subdivide the property into 12 detached single - family home lots. Improvement plans and the Final Map were prepared in compliance with the approved PUD -97 and Vesting Tentative Map and were approved by the City Engineer. The City and Ponderosa Homes entered into a subdivision agreement to construct subdivision improvements to serve the proposed 12 lots. On June 3, 2014, the City Council approved the Final Map, improvement plans, subdivision agreement, and a reimbursement agreement for Tract 8159. On July 2, 2014, the Final Map was filed for recordation at the County of Alameda Clerk - Recorder's Office. DISCUSSION Improvements Constructed The development constructed a public water main with service laterals and a public sanitary sewer main to serve the 12 lots of the subdivision. Additionally, the developer constructed a public storm drain on Stanley Boulevard to benefit this development and the future project across the street known as DiDonato (now Kontech), a 13 -lot subdivision (Tract 7968). Ponderosa Homes will be eligible for reimbursement of the pro - rata share with development of Tract 7968 per the reimbursement agreement approved by the City Council on July 2, 2014. The development also constructed the following private improvements: a street (Gyles Place, which connects to Stanley Boulevard as shown on Attachment 1), common area landscaping, storm water bio- swales for treating storm water, street lights, and various utilities necessary to serve the subdivision. The public improvements, as described above, will be maintained and operated by the City. The private improvements, as described above, will be maintained and operated as provided for in the Declaration of Covenants, Conditions, and Restrictions for Ivy Lane (CC &Rs). The CC &Rs were recorded following the recordation of the Final Map. Construction of the required improvements for Tract 8159 has been completed. Staff inspected the improvements for compliance with the approved plans and conditions of approval and recommends that the work is accepted as complete. The developer has posted the required warranty bond in the amount of 10% of the cost of the improvements to cover a one -year warranty period in which defects must be corrected by the developer. Page 2 of 3