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HomeMy WebLinkAboutAgenda Statement 1984/07/24 Item 6 COUNCIL AGENDA STATEMENT Item 6 Meeting Date 7/24/84 ITEM TITLE: Resolution /1 7 G 7 Accepting public improvements, Telegraph Canyon Terrace SUBMITTED BY: Director of Public Works/ 94,p/ City Engineer (4/5ths Vote: Yes No X ) 0(REVIEWED BY: City Manager The public improvements required for Telegraph Canyon Road by the development of Telegraph Canyon Terrace subdivision were completed in July 1981 . A final inspection was made on August 7 , 1981 . A letter of deficiencies was prepared and mailed on September 10, 1981. The public improvement agreement was approved by Council Resolution 9424 on December 19, 1978. RECOMMENDATION: 1 . That City Council accept the public improvements for Telegraph Canyon Terrace subdivision. 2. That City Council declare that the intent of the one-year bond for 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 of Canyon Terrace Limited. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The original developer for Telegraph Canyon Terrace subdivision was Joseph Lathers doing business as J-Len Incorporated. As Council may recall , Telegraph Canyon Terrace subdivision was graded not in accordance with the approved grading plan. As a result, four two-story structures were up to 23' higher in elevation than was originally approved. Mr. Lathers requested the City Council to leave the buildings at the elevations as constructed. City Council denied that request and, subsequently, the four structures were lowered by J-Len, Inc. to acceptable grades as approved by the City Council and the City Engineer. During 1980 the public improvements were begun and completed during the first half of 1981 by J-Len, Inc . Mr. Lathers abandoned his project and the subdivision was foreclosed on by the bank. The uncompleted portion of the subdivision was taken over by Jensen Mortgage Company doing business as Canyon Terrace Limited. Canyon Terrace Limited completed the construction of the building structures. The units are Page 2, Item 6 Meeting Date 7/24/84 now being sold and/or rented. Canyon Terrace Limited bonded to complete the grading work, construct retaining walls and do the required landscaping. They did not bond for the public improvements through a Subdivision Agreement suppl ement. Except for completing the landscaping requirements, all work required by the subdivision development has been completed. A reinspection of the public improvements was made in November 1983 and, except for two small areas of sidewalk that were cracked, the improvements were found to be in satisfactory condition. Canyon Terrace Limited removed and replaced the two cracked areas of sidewalk, and a reinspection was again made in March 1984. The whole work was found to be completed to the satisfaction of the City Engineer. 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 July 1981 and no deficiencies have appeared and that we do not have a valid improvement agreement, it is recommended that the City Council declare that the intent of the 15% surety bond has been satisfied and accept such public improvements without the bond being posted. Should the Council decide that the 15% surety bond must be posted, it will be necessary for Canyon Terrace Limited to post a bond in the amount of $7,470.00 as well as obligate themselves 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:nr/EY-084 WPC 1107E 14 -z - --- i