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HomeMy WebLinkAboutAgenda Statement 1985/09/24 Item 9 COUNCIL AGENDA STATEMENT Item 9 Meeting Date 9/24/85 ITEM TITLE: Resolution /q/C(Accepting public improvements, Kimball Terrace Subdivision SUBMITTED BY: Director of Public Works/City Engineer REVIEWED BY: City Manager (4/5ths Vote: Yes No X ) C. E. Norcross, Subdivider, completed the public improvements for Kimball Terrace Subdivision in May of 1984. A final inspection was made on September 5, 1985. The Public Improvement Agreement was approved by Council Resolution 11151 , dated February 1 , 1983. RECOMMENDATION: That Council : 1 . Accept the public improvements for Kimball Terrace Subdivision. 2. Declare that the intent of the one-year bond of guarantee of material and workmanship has been fulfilled due to the time lag between construction and this acceptance and that posting of the bond is not required. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: C. E. Norcross through his contractor, Jessie Helton, completed the public improvements for Kimball Terrace in May of 1984. The contractor, Helton, began construction of units on the property. Due to an unknown problem, the contractor was discharged by Mr. Norcross who completed the building construction. Mr. Norcross is now requesting release of letters of credit submitted as surety to guarantee construction of the public improvements. The inspection of the public improvements found them to be in accordance with the plans and specifications and to the satisfaction of the City Engineer. The improvements consisted of 321 lineal feet of curb and sidewalk along with pavement overlay on Third Avenue and one street light. The Subdivision Ordinance requires that upon acceptance of the public improvements, the developer will post a 15% surety bond to guarantee the public improvements against defects of material and workmanship for a period of one year after the date of acceptance of the public improvements. Due to the fact that these improvements were completed in May 1984 and no deficiencies have appeared, it is recommended that the City Council declare f! `' _ -, :ncil of L , ,. . r9i::'illa 1--- -s t n cj / ,K� Page 2, Item 9 .• Meeting Date 9/24/85 that the intent of 15% surety bond has been satisfied and accept such public improvements without the bond being posted. Should the City decide that the 15% surety bond must be posted, it will be necessary for C. E. Norcross to post a bond in the amount of $1 ,800.00 to guarantee the public improvements as to material and workmanship for a one-year period following acceptance of the improvements. FISCAL IMPACT: City will assume maintenance responsibility for the public improvements. DMH:fp/EY169 WPC 1637E