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HomeMy WebLinkAbout2009/07/14 Item 11CITY COUNCIL AGENDA STATEMENT ~~~/~ CITY OF '~"~ CHULA VISTA 7/14/09, Item ITEM TITLE: SUBMITTED BY: REVIEWED BY: ORDINANCE OF THE CITY OF CIIULA VISTA AMENDING CHAPTER 15.04, SECTION 15.04.225, AND CHAPT R 18.16, SECTION 18.16.310, OF THE CHULA VISTA MUNICIPAL C DIRECTOR OF PUBLIC WORKS CITY MANAGE ~ ASSISTANT CIT ANAGER ~j~ 4/STHS VOTE: YES ® NO ^ SUMMARY Currently, the City's Municipal Code requires retention of surety bonds associated with land development projects until all work has been completed and a notice of completion is filed with the County Recorder. If approved, this Ordinance would allow the Director of Public Works to reduce grading, landscape and irrigation and faithful performance bonds up to 75% of the original bond amount if the work is deemed substantially complete. ENVIRONMENTAL REVIEW The Envirorunental Review Coordinator has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a "Project" as defined under Section 15378 (b)(4) of the State CEQA Guidelines; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines the activity is not subject to CEQA. Thus, no environmental review is necessary. RECOMMENDATION Council adopt the ordinance. BOARDS/COMMISSION RECOMMENDATION Not applicable. DISCUSSION Builders typically post a surety bond with the City to guarantee the unperformed improvement work associated with the subdivision of land. The recent downturn in economic activity has created a climate where builders are trying to lower costs to remain competitive. To this end, several builders have requested a reduction in the amount of their bond to a level that corresponds to the amount of outstanding work. The Municipal Code as currently written does not allow the City to process partial bond reductions. The Municipal Code stipulates that bonds will be released after all required work has been completed and a notice of completion has been filed with the County Recorder. 11-1 7/14/09, Item Page 2 of 2 Many of the City's major developments in the eastern territories require very large bonds securing millions of dollars of public improvements, grading and landscaping. Since the downturn in the economy, several major projects have been placed on hold. Some of these projects were very close to completion and City acceptance but were unable to be completed due to a lack of funding. Instead of maintaining the full bond during this down time and paying thousands of dollars in bond premiums, developers have asked that the bonds be reduced to secure only the unfinished portions of the work. Public Works staff and the City Attorney's office have worked to craft a policy that will respond to the builder's needs while protecting the City from the liability of unfinished public works. The proposed ordinance sets up a process where the builder could request bond reductions after the work is completed pet approved plans. The Director of Public Works, after inspecting the facility, could deem the facility "substantially complete". Projects that are deemed substantially complete would then be eligible for a bond reduction of up to 75% so that the City would still have a 25% bond remaining to ensure that the punch-list items such as paperwork, as-built drawings and final reports will be processed in a timely manner. The proposed amendment will allow the following faithful performance bonds to be reduced to a minimum of 25% of the original bond amount if the work is deemed substantially complete: • Grading Bonds • Landscape and hrigation Bonds • Faithful Performance Bonds In all cases the remaining bond balance must be enough to secure 100% of the remaining work to be done. Fina] acceptance of public improvements would not occur until all punch-list items have been completed and maintenance periods have passed. Additionally, state law prohibits reduction of Material and Labor bonds until a notice of completion is filed, so the Ordinance amendment will not affect these types of bonds. Further, the Ordinance provides the Director of Public Works discretion as to whether a facility is "substantially complete" or not so that the City is not obligated to reduce a bond until the project is fully complete. The proposed ordinance is in compliance with state law and the Subdivision Map Act. DECISION MAKER CONFLICT The ordinance is of citywide benefit, affecting all members of the community equally; therefore, there is no conflict. CURRENT FISCAL IMPACT There is no fiscal impact due to this ordinance other than the staff costs associated with the bond reduction process. This bond reduction effort is developer funded and does not impact the City's General Fund. ONGOING FISCAL IMPACT None. ATTACHMENTS l: Proposed Redline Ordinance PreprtreA 6y: Sifverster Evetovich, Principnl Civi(Engineer K.~IPUBLC WOR.YSIACENDAICAS2009107-14-0910rdinnnce - BanAreduc[imu ngendn repon-rlm.Ao< 11-2 ATTACI-IMIENT I ORDINANCE NO ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHAPTER 15.04, SECTION 15.04.225, AND CHAPTER 18.16, SECTION 18.16.310, OF THE CHULA VISTA MUNICIPAL CODE WHEREAS, the Chula Vista Municipal Code requires that the City retain surety bonds associated with land development projects until all work has been completed and a notice of completion is filed; and WHEREAS, the recent down tum in economic activity has created a climate where builders are trying to lower costs to remain competitive; and WHEREAS, several builders have requested that the City authorize the partial reduction in the bond amounts to correspond with the estimated costs of remaining improvement work; and WHEREAS, many of the City's major developments in the eastern temtories require very large bonds securing millions of dollazs of public improvements, grading and landscaping; and WHEREAS, the retention of the full bond amount costs developers additional bond premiums for work that has already been completed; and WHEREAS, the added costs of maintaining bonds at the full amount has contributed to several projects being placed on hold. NOW, THEREFORE, that the City Council of the City Of Chula Vista does, hereby, ordain as follows: SECTION I. That Chula Vista Municipal Code Chapter 15.04, Section 15.04.225 be amended to read as follows: 15.04.225 Release ofbonds/security. A Landscaping, Irrigation, Grading, and Drainage Bonds and other security for these pumoses shall be released upon the latter of the following: 1_35 days after filing a "notice of completion" with the county recorder (recorded copy to city engineer) for improvements accepted by this city. 2. thean acceptance of completed Form PW-E-106 ("request for release of bonds") submitted by the permittee. T~~ ° '~ w, *~-~ „rr.,,,. ,.r,,.e J b~~ ~ Y 11-3 B. Notwithstanding the foregoing Section 15.04.225(A), the Director of Public Works may approve the partial release ofthe faithful performance security after the completion of all improvements per approved plans, as determined by the City Inspector in his sole discretion, in an amount not to exceed seventy-five percent of the original security determined by the Director of Public Works. in his sole discretion to complete the outstanding work' C Prior to the release of security for faithful performance for landsca~ng bonds a maintenance bond in the amount of fifteen percent of the original security shall be provided to cover the one-veaz maintenance period. Such bond shall not be released until the end of the maintenance period. In lieu of a providing a maintenance bond. the faithful performance security maybe reduced to fifteen percent of the original security amount An addendum to the bond in the form of a rider or equivalent document containing language requiring the maintenance of improvements as an obligation to be fulfilled under the bond shall be required and provided to the Citv SECTION II. That Chula Vista Municipal Code Chapter 18.16, Section 18.16.310, be amended to read as follows: 18.16.310 Security arrangements -Release of surety. A. Improvement security given for faithful performance of the agreement rr3ay shall be released upon +~fl>-tterragreexten~the performance of the act secured or final completion and acceptance of the reouired work. Notwithstanding the foregoing, the Director of Public Works may approve the partial release of the faithful performance security after the completion of all improvements in accordance with approved plans, to the satisfaction of the City Inspector in an amount not to exceed seventy-five percent of the dollar amount of the original security for faithful performance provided the remaining balance of such security for faithful performance equals or exceeds the estimated cost, as determined by the Director of Public Works, in his sole Agreement. B. The 50 percent labor and material bond shall be retained to secure payment to the contractor, his subcontractors and to persons renting equipment or furnishing labor or material for 35 days after completion and acceptance of the work. Following such 11-4 35-day period, this labor and material security maybe reduced to an amount not less than the total of all claims on which an action has been filed and notice thereof given in writing to the city. SECTION III. EFFECTNE DATE. 'T'his ordinance will take effect and be in force thirty days after final passage. Presented by Richard A. Hopkins Director of Public Works Approved as to form by Bart C. Miesfeld City Attorney 11-5 ORDINANCE NO ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHAPTER 15.04, SECTION 15.04.225, AND CHAPTER 18.16, SECTION 18.16.310, OF THE CHULA VISTA MUNICIPAL CODE WHEREAS, the Chula Vista Municipal Code requires that the City retain surety bonds associated with land development projects until all work has been completed and a notice of completion is filed; and WHEREAS, the recent down tum in economic activity has created a climate where builders are trying to lower costs to remain competitive; and WHEREAS, several builders have requested that the City authorize the partial reduction in the bond amounts to correspond with the estimated costs of remaining improvement work; and WHEREAS, many of the City's major developments in the eastern territories require very large bonds securing millions of dollazs of public improvements, grading and landscaping; and WHEREAS, the retention of the full bond amount costs developers additional bond premiums for work that has already been completed; and WHEREAS, the added costs of maintaining bonds at the full amount has contributed to several projects being placed on hold. NOW, THEREFORE, that the City Council of the City Of Chula Vista does, hereby, ordain as follows: SECTION I. That Chula Vista Municipal Code Chapter 15.04, Section 15.04.225 be amended to read as follows: 15.04.225 Release of bonds/security. A. Landscaping, Irrigation, Grading, and Drainage Bonds and other security for these purposes shall be released upon the latter of the following: 1. 35 days after filing a "notice of completion" with the county recorder (recorded copy to city engineer) for improvements accepted by this city. 2. The acceptance of completed Form PW-E-106 ("request for release of bonds") submitted by the pernuttee. 11-6 B. Notwithstanding the foregoing Section 15.04.225(A), the Director of Public Works may approve the partial release of the faithful performance security after the completion of all improvements per approved plans, as determined by the City Inspector, in his sole discretion, in an amount not to exceed seventy-five percent of the original security required pursuant to Chapter 15, Section 15.04 of the CVMC, provided the remaining balance of the security for faithful performance equals or exceeds the estimated cost, as determined by the Director of Public Works, in his sole discretion, to complete the outstanding work. C. Prior to the release of security for faithful performance for landscaping bonds, a maintenance bond in the amount of fifteen percent of the original security shall be provided to cover the one-yeaz maintenance period. Such bond shall not be released until the end of the maintenance period. In lieu of a providing a maintenance bond, the faithful performance security may be reduced to.fifteen percent of the original security amount. An addendum to the bond in the form of a rider or equivalent document containing language requiring the maintenance of improvements as an obligation to be fulfilled under the bond shall be required and provided to the City. SECTION II. That Chula Vista Municipal Code Chapter 18.16, Section 18.16.310, be amended to read as follows: 18.16.310 Security arrangements -Release of surety. A. Improvement security given for faithful performance of the agreement shall be released upon the performance of the act secured or fmal completion and acceptance of the required work. Notwithstanding the foregoing, the Director of Public Works may approve the partial release of the faithful performance security after the completion of all improvements in accordance with approved plans, to the satisfacfion of the City Inspector in an amount not to exceed seventy-five percent of the dollaz amount of the original security for faithful performance, provided the remaining balance of such security for faithful performance equals or exceeds the estimated cost, as determined by the Director of Public Works, in his sole discretion, to complete the outstanding work required under the Subdivision Improvement Agreement and/or any Supplemental Subdivision Improvement Agreement. B. The 50 percent labor and material bond shall be retained to secure payment to the contractor, his subcontractors and to persons renting equipment or famishing labor or material for 35 days after completion and acceptance of the work. Following such 35- day period,. this labor and material security maybe reduced to an amount not less than the total of all claims on which an action has been filed and notice thereof given in writing to the city. 11-7 SECTION III. EFFECTIVE DATE. This ordinance will take effect and be in force thirty da Presented by Richard A. Hopkins Duector of Public Works 11-8 City Attorney ORDINANCE NO ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHAPTER 15.04, SECTION 15.04.225, AND CHAPTER 18.16, SECTION 18.16.310, OF THE CHULA VISTA MUNICIPAL CODE WHEREAS, the Chula Vista Municipal Code requires that the City retain surety bonds associated with land development projects until all work has been completed and a notice of completion is filed; and WHEREAS, the recent down turn in economic activity has created a climate where builders are trying to lower costs to remain competitive; and WHEREAS, several builders have requested that the City authorize the partial reduction in the bond amounts to correspond with the estimated costs of remaining improvement work; and WHEREAS, many of the City's major developments in the eastern temtories require very large bonds securing millions of dollars of public improvements, grading and landscaping; and WHEREAS, the retention of the full bond amount costs developers additional bond premiums for work that has already been completed; and WHEREAS, the added costs of maintaining bonds at the full amount has contributed to several projects being placed on hold. NOW, THEREFORE, that the City Council of the City Of Chula Vista does, hereby, ordain as follows: SECTION I. That Chula Vista Municipal Code Chapter 15.04, Section 15.04.225 be amended to read as follows: 15.04.225 Release of bonds/security. A. Landscaping, Irri~afion, Graduie, and Drainage Bonds and other security for these pumoses shall be released unon the latter of the following: 1_35 days after filing a "notice of completion" with the county recorder (recorded copy to city engineer) for improvements accepted by this city. 2. theme acceptance of completed Form PW-E-106 ("request for release of bonds") submitted by the pertnittee. T"' f ~' "' " "- c`.'~= J b . ~ r 11-9 X0.7 f . t},o ,.o..,,;_0.7 1..«.7....,,..:., ,. «le..,.., „ 1,,,.,,7 ' L ,, 1...., p.rsx y,... ,.,. ,,.....,.~..,.t,...b--m..~.s b b' B. Notwithstanding the foregoing Section 15.04.225(A1 the Director of Public Works may approve the partial release of the faithful performance security after the completion of all improvements per approved puns. as determned by the Citv Inspector, in his sole discretion, in an amount not to exceed seventy-five percent of the original secm•ity required pivsuant to Chapter 15, Section 1.04 of the CVMC, provided the remaining balance of the security for faithful performance eauals or exceeds the estimated cost, as determined by the Director of Public Works, in his sole discretion, to complete the outstanding work. C. Prior to the release of security far faithfitl nerformance for landscaping bonds, a the end of the maintenance period. hi lieu of a providing a maintenance bond, the faithful performance security may be reduced to fifteen percent of the original secuuity amount. An addendum to the bond ni the form of a rider or equivalent document containing language requiring the maintenance of improvements as an obligation to be fulfilled under the bond shall be required and provided to the Ciri•. SECTION II. That Chula Vista Municipal Code Chapter 18.16, Section 18.16.310, be amended to read as follows: 18.16.310 Security arrangements -Release of surety. A. Improvement security given for faithful performance of the agreement ~` shall be released upon ..,.,.,rdctlc~a of u'~~c ~*~° ~~ ~ --~~«: c .,,e _~. •.,~ _e~e..,.,, .. ,.,a. ,. ..a,._ .. _..«,. the performance of the act secured or final completion and acceptance of the required work. Notwithstanding the foregoing, the Duector of Public Works may approve the partial release of the faithful performance security after the completion of all improvements in accordance with approved plans, to the satisfaction of the City Inspector in an amount not to exceed seventy-five percent of the dollaz amount of the original security for faithful nerformance, provided the remaining balance of such security for faithful performance equals or exceeds the estimated cost, as determined by the Director of Public Works, in his sole discretion, to complete the outstanding work required under the Subdivision Improvement :Agreement and/or any Supplemental Subdivision Improvement Agreement. B. The 50 percent labor and material bond shall be retained to secure payment to the contractor, his subcontractors and to persons renting equipment or furnishing labor or material for 35 days after completion and acceptance of the work. Following such 11-10 35-day period, this labor and material security may be reduced to an amount not less than the total of all claims on which an action has been filed and notice thereof given in writing to the city. SECTION III. EFFECTIVE DATE. This ordinance will take effect and be in force thirty days after final passage. Presented by Richard A. Hopkins Director of Public Works 11-11