09 - Laserfiche WebLink

9 THE CITY OF �LAA"fTO1C CITY COUNCIL AGENDA REPORT October 5, 2021 Engineering TITLE: ACCEPT PUBLIC IMPROVEMENTS PERFORMED BY PONDEROSA HOMES II, INC. FOR TRACT 8317 LOCATED AT 1851 ROSE AVENUE SUMMARY PUD-99 and Tract 8317 created 16 single-family lots and one remainder parcel with future subdivision potential for three additional lots on an approximately 9-acre site located at the west end of Rose Avenue as shown on Attachment 1 . This subdivision is governed by both a Development Agreement (Ordinance 2142) and a Subdivision Improvement Agreement with corresponding surety bonds. The developer, Ponderosa Homes II, Inc., also constructed off-site public water and sanitary sewer improvements through Alameda County Fairgrounds and Zone 7 properties under a separate Off-Site Improvement Agreement and Reimbursement Agreement, as previously accepted in 2018. Ponderosa has now completed the required subdivision improvements and has requested formal acceptance of the public infrastructure for city maintenance. Staff has inspected the work and determined that the improvements are complete and ready for acceptance. RECOMMENDATION 1. Accept public improvements constructed for Tract 8317 90 calendar days after this action pursuant to California Government Code §66499.7. 2. Authorize the City Clerk to release the Subdivision Performance Bond and the Subdivision Labor and Materials Bond 90 calendar days after this action, assuming no liens are filed. Authorize the City Clerk to release the Maintenance Bond one year after this action, assuming no latent defects are discovered. FINANCIAL STATEMENT There will be a minimal increase to the budget for the maintenance of public improvements. Tax revenue generally covers the increased cost to provide services and maintain infrastructure.