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HomeMy WebLinkAboutSubdivision Agreement - check bonds fees 2-12-19 9 EXHIBIT 2 (revised 2-12-19) TRACT 3095 - FEE AND BOND LIST 3777 Orcutt Page 1 of 2 Amount Form Date Received Bond Release Status Bonds and Guarantees: Tiburon Improvements (FMAP-2241-2015) $2,837,600 Submitted with Tract 3066-Phase 2 bond 12/13/18 Can be released upon City acceptance of improvements, deposit of one-year warranty surety, and approval of record drawings. Offsite Water Main Extension (FMAP-2242-2015/ FMAP-4024-2016) $775,000 Submitted with Tract 3063-Phase 1 Off-Site Landscaping (FMAP-0288-2017) $175,000 Submitted with Tract 3063-Phase 1 Tiburon Bridge (FMAP-4312-2016) $1,800,000 Submitted with Tract 3066-Phase 2 bond 12/13/18 Orcutt Frontage Phase 1 Improvements, including left-turn pocket at Orcutt/Tiburon intersection per Condition #17 (FMAP-1718-2015) $730,000 Submitted with Tract 3066-Phase 2 bond 12/13/18 Tank Farm/Orcutt intersection improvements or roundabout per OASP EIR mitigation measures (FMAP-1718-2015) $650,000 Submitted with Tract 3066-Phase 2 bond 12/13/18 Off-site water and sewer mains through Righetti Tract 3063 (FMAP-2631-2016/FMAP-1718-2015) $1,400,000 Submitted with Tract 3063-Phase 1 On-Site Tract 3095 improvements (FMAP-1202-2017) $2,196,560 Bond 2/8/19 Labor & Materials for above Tract 3063-Phase 1 and Tract 3066-Phase 2 improvements (50% of total cost of above improvements) Submitted with Tract 3066-Phase 2 bonds 12/13/18 Can be released 90 days after acceptance of improvements, if no claims. (Civil Code Section 8412) Labor & Materials (50% of cost of improvements) for Tract 3095 On-Site Improvements $1,098,280 Bond 2/8/19 Can be released 90 days after acceptance of improvements, if no claims. (Civil Code Section 8412) Tree Preservation Surety for the existing Sycamore tree on Lot 21 $62,000 Bond 12/11/18 See Exhibit 1 for when bond can be released. Monument Guarantee $7,000 CD or Letter of Credit 1/24/19 Can be released upon verification that monuments have been set and surveyor has been paid. 10% Warranty TBD TBD To be collected prior to release of FP Bond Can be released one-year after acceptance of improvements, if no defects, and approval of record drawings. Continued on Page 2 10 EXHIBIT 2 TRACT 3066-Phase 2 - FEE AND BOND LIST 3761 Orcutt Page 2 of 2 Amount Form Date Received Bond Release Status Fees: Map Check Fee $17,787.13 Check 11/14/17 Plan Check Fee Deposit Plan Check Remainder Total Plan Check Fee $25,374.43 $6,693.60 $32,068.03 Check Check 11/14/17 8/29/18 Improvement Plan Inspection Fee $84,450.07 Check 8/29/18 Roadway Maintenance Fee (Condition #24) $2,000 xxx xxx Park In-Lieu Fee1 To be collected with building permit. Affordable Housing Requirements See Affordable Housing Agreement Water Impact Fee1 To be collected with building permit Wastewater Impact Fee1 To be collected with building permit Transportation Impact Fee1 To be collected with building permit 1 All Impact Fees are adjusted annually (July 1) based on CPI. Credit given for demolished units.