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HomeMy WebLinkAboutr 10477 accepting public improvements and completion for tract no. 2977 unit 1RESOLUTION NO.10477 (2013 Series) A RESOLUTION OF THE CITY OF SAN LUIS OBISPO ACCEPTING THE PUBLIC IMPROVEMENTS AND CERTIFYING COMPLETION OF THE PRIVATE IMPROVEMENTS FOR TRACT NO. 2977 UNIT 1 (851 HUMBERT AVENUE, TR 27-06) WHEREAS, the City Council made certain findings concerning Tract No. 2977 Unit 1, as prescribed in Resolution No. 10066 (2009 Series); and WHEREAS, the City Council approved the final map for Tract No. 2977 Unit 1 per Resolution No. 10404 (2012 Series); and WHEREAS, with the exception of setting the boundary monuments, the subdivider has satisfactorily completed the public improvements for Tract No. 2977 Unit 1 as of March 22, 2013, in accordance with City standards and specifications and has requested acceptance of the public improvements for maintenance and operation by the City; and WHEREAS, the subdivider has satisfactorily completed the private improvements for Tract No. 2977 Unit 1 as of March 22, 2013, in accordance with City standards, specifications and the approved plans. and has requested that the City certify completion of these private improvements. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. The City Council hereby accepts the public improvements for Tract No. 2977 Unit l as of March 22, 2013. SECTION 2. The City Council hereby certifies completion of the private improvements for Tract No. 2977 Unit I as of March 22, 2013. SECTION 3. The Faithful Performance and Labor & Materials securities may be released upon submittal of a security in the amount of $145,700, which is ten percent of the cost of the total subdivision improvements, as required in the approved Subdivision Agreement for Tract No. 2977 Unit 1. SECTION 4. The Public Works Director is hereby authorized to release said $ l 45,700 security upon completion of the one-year warranty period to the satisfaction of the City, as required in the Subdivision Agreement for Tract No. 2977 Unit 1. SECTION 5. The Public Works Director is hereby authorized to release the monumentation security upon setting of the monuments to the satisfaction of the City, as required on the final map and in the Subdivision Agreement for Tract No. 2977 Unit 1. R 10477 Resolution No. 10477 (2013 Series) Page 2 Upon motion of Council Member Ashbaugh, seconded by Council Member Christianson, and on the following roll call vote: AYES: Council Members Ashbaugh, Carpenter and Christianson, Vice Mayor Smith and Mayor Marx NOES: None ABSENT: None The foregoing resolution was adopted this 19`h day of November 2013. Mayor J"arx ATTEST: APPROVED AS TO FORM: J. Christine Dietnc City Attorney