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HomeMy WebLinkAboutItem 6i - Approval of Final Map for Tract 3136 Bullock Ranch 3580 Bullock Lane Item 6i Department: Community Development Cost Center: 4003 For Agenda of: 10/21/2025 Placement: Consent Estimated Time: N/A FROM: Timmi Tway, Community Development Director Prepared By: Gabriel Munoz-Morris, Supervising Civil Engineer SUBJECT: APPROVAL OF THE FINAL MAP FOR TRACT 3136, BULLOCK RANCH, 3580 BULLOCK LANE (FMAP-0168-2022) RECOMMENDATION Adopt a Draft Resolution entitled, “A Resolution of the City Council of the City of San Luis Obispo, California, approving the final map for Tract 3136, Bullock Ranch, and authorizing the Mayor to execute a Subdivision Agreement in a form subject to the approval of the City Attorney (3580 Bullock Lane, FMAP-0168-2022).” (Attachment A) POLICY CONTEXT This item supports the development of 192 housing units, which directly advances the “Housing and Neighborhood Livability – Healthy, Safe, and Affordable” Major City Goal by facilitating sustainable growth that aligns with housing goals. City Council approval is required for subdivision final maps pursuant to Government Code 66458(a)1. DISCUSSION Tract 3136 Bullock Ranch (FMAP-0168-2022) is located at 3580 Bullock Lane as shown on the Vicinity Map provided as Attachment B. Background / Previous Council Action Tract 3136 (FMAP-0168-2022), commonly known as Bullock Ranch, is located at 3580 Bullock Lane (See Vicinity Map - Attachment B) in the Orcutt Area Specific Plan (OASP) area. A vesting tentative tract map for Tract 3136 was approved by the City Council on January 11, 2022, by Resolution No. 11299 (2022 Series). The tentative map (Attachment C) approved a 192-unit mixed use development, including seven live/work u nits, a 585 square foot commercial unit, on-site parking, and other residential community amenities. The final map creates a total of 14 lots on the 10.93 -acre site. 1 66458(a) The legislative body shall, at the meeting at which it receives the map or, at its next regular meeting after the meeting at which it receives the map, approve the map if it conforms to all the requirements of this chapter and any local subdivision ordinance applicable at the time of approval or conditional approval of the tentative map and any rulings made thereunder. If the map does not conform, the legislative body shall disapprove the map. Page 183 of 415 Item 6i The tentative map and project conditions of approval included the finished buildout of Bullock Lane as a public collector street from its existing southerly terminus south of Orcutt Road to the recently constructed roundabout at Tiburon Way/Bullock Lane/Righetti Ranch Road, providing new connectivity between Orcutt Road and the Orcutt Specific Plan Area. The developer was successful in acquiring the necessary right -of-way required for these improvements and is required to complete construction prior to occupancy of the development. The tentative map and conditions of approval required the de veloper to design and construct an extension of the Railroad Safety Trail shared-use path between Tiburon Way and Orcutt Road along the west side of Bullock Lane, parallel to the Union Pacific Railroad (UPRR) tracks. However, this condition was contingent on the City acquiring the necessary easements from UPRR needed to construct the improvements. Unfortunately, after nearly two years of coordination and negotiations between UPRR and City staff, UPRR ultimately rejected the City’s request for the easement needed to construct the shared-use path extension. Instead, UPRR has requested that the City first complete a series of improvements to the existing at-grade rail crossing on Orcutt Road, such as the installation of additional flashers, medians, ADA improve ments, and other minor improvements related to striping and signage, before they will grant the easements needed for the shared-use path extension. The developer met their obligations per the conditions of approval and has substantially completed the design for the path extension per the project conditions of approval; however, they are no longer obligated to construct the facility due to the City’s inability to secure the required easement from UPRR. Instead, the developer will provide all design materials to the City and pay their fair share financial contribution towards future construction of these improvements by the City through participation in the Citywide and Orcutt Subarea Transportation Impact Fee programs. In response to the delay associated with acquiring the necessary easements from UPRR, funding was allocated for City staff to initiate preconstruction work for the trail extension and Orcutt Road rail crossing improvements requested by UPRR as part of the City’s 2023-25 Financial Plan. The ongoing difficulties with the project design and permitting required extending this timeline to fully fund the preconstruction and construction work. The funding was re-programmed in the City’s 2025-27 Financial Plan and is scheduled for pre-construction in 2032-33 and construction in 2034-35. The Tract 3136 map will create the following units, lots and easements: 1. 12 lots for 192 multi-family condominium units and one commercial unit. 2. Common areas for parking, private streets, and private drive aisles. 3. Easement for vehicular, pedestrian, bicycle access and utilities. 4. 2 lots for shared access. Phasing Previously, the applicant had considered phasing the project in two phases. The Phase 1 Final Map for Tract 3136 was approved by the City Council on August 20, 2024 by Resolution 11514 (2024 Series). Ultimately, the applicant chose not to proceed with a Page 184 of 415 Item 6i phased map and entered negotiations to sell the property and entitlements to another ownership group. The Phase 1 Final Map for Tract 3136 was not recorded (nor was the Subdivision Agreement executed). Negotiations for the sale began in fall, 2024 and have continued over the last year. The sale terms are now finalized and the new ownership group is interested in pursuing a single, unphased, final map for Tract 3136. City staff have coordinated closely with the prior and new ownership groups to ensure that a single final map approval by the City Council at this time will facilitate completion of the project and construction of the approved 192 housing units. Subdivision Improvements The public improvements required for this subdivision consist of street and utility improvements on Bullock Lane and Ranch House Road along the project frontage s and to Bullock Lane extending north beyond the project site approximately 300 feet. Access to the subdivision is provided via Bullock Lane on the west side . On the east side of the project, Sponza Drive extends into the project site as a private street from the intersection of Sponza Drive and Ranch House Road. All of the in-tract utilities and streets will be privately owned and maintained. The scope of the proposed subdivision improvements to be constructed with Tract 3136 at this time is the same as that discussed in detail in the staff report for Tract 3136 approved by the City Council on January 11, 2022, except for one revision. The multi-use path along the western side of Bullock Lane adjacent to UPRR right -of-way has been deferred due to the inability to acquire the needed right-of-way from UPRR, as explained previously in this report. Affordable Housing As identified in Condition #18, the City is actively working with the Subdivider to complete the Affordable Housing Agreement. The Agreement outlines the transfer of inclusionary units between the various OASP tracts and identifies the affordable units. The agreement will be recorded prior to issuance of building permits for the market rate housing. Table 1 below outlines the total number of affordable units for the project and their level of affordability. Housing Type No. of Bedrooms No. of Affordable Bungalow 1 1 Low Bungalow 3 1 Moderate Townhouse 1 1 Moderate Townhouse 1 1 Low, 2 Moderate Townhouse 2 1 Moderate Total 7 units (2 Low, 5 Moderate) Table 1: Number of Affordable Housing Units – Bullock Ranch Parks Tract 3136 does not propose any new park land and is instead a benefiting property in the Parkland Reimbursement Agreement between the City and Righetti Ranch, L.P. for Page 185 of 415 Item 6i the dedication of park land in the OASP with the approvals of Tracts 3063 (Righetti Ran ch) and 3066 (Jones Ranch). The developer of Tract 3136 is required to pay parkland reimbursement fees which will be passed through to the developer of Tracts 3063 and 3066 per the fee schedule in the Tract 3136 Subdivision Agreement (Attachment D). Approving the Final Map The tentative map has an initial two-year life per Municipal Code Section 16.10.150, therefore, this vesting tentative map originally had an expiration date of January 11, 2024. The Subdivision Map Act allows for time extensions to be requested by the Subdivider and granted by the city. In addition to the extension process outlined in the Subdivision Map Act, on March 4, 2020, the Governor proclaimed a State of Emergency to exist in California as a result of the threat of COVID-19. On March 17, 2020, the City Council adopted Resolution No. 11099 (2020 Series) proclaiming a local emergency and thereafter affirmed and continued its proclamat ion of local emergency to extend through the duration of the declared State and/or County proclamations of emergency. On June 16, 2020, Council adopted Resolution No. 11131 (2020 Series) that tolled the expiration of all discretionary approvals from the declaration of the pandemic emergency (beginning March 17, 2020). On July 6, 2021, Council adopted Resolution No. 11264 (2021 Series) that granted various enforcement moratoriums and permit extensions, including planning applications, for the purpose of economic recovery and the protection of the public health, safety, and welfare. In February 2023, Council adopted Resolution No. 11396 (2023 Series) terminating the Declaration of a Local Emergency for the COVID -19 Pandemic, effective February 28, 2023. The termination of the Local Emergency implemented an 18 - month time extension for discretionary approvals that expired on August 28, 2024. On September 27, 2024, the Governor approved Assembly Bill 2729 (California Government Code Section 65914.4) that extends any housing entitlement an additional 18 months for a residential development project that was issued to and was in effect on January 1, 2024, and will expire prior to December 31, 2025. Specifically, Government Code Section 65914.4 states that a “housing entitlement” includes:  A ministerial approval, permit, or entitlement by a local agency required as a prerequisite to issuance of a building permit for a housing development project.  A tentative map, vesting tentative map, or parcel map for which a tentative map or vesting tentative map, as the case may be, has been approved. Therefore, effective January 1, 2025, Government Code Section 65914.4 extends the entitlements for the Tentative Map located at 3580 Bullock Lane until June 30, 2027. The draft final map for Tract 3136 (Attachment E) is ready for review and approval and then recordation. Prior to recordation, the developer must p ay all required fees per the Subdivision Agreement (Attachment D). Pursuant to Section 16.14.080 of the Municipal Code, the Public Works Director has determined that the final map is in substantial compliance with the tentative map and approved modifications thereof. Section 66474.1 of the Subdivision Map Act states that “a Legislative body shall not deny approval of a final or parcel map if it has previously approved a tentative map for the proposed subdivision and if it finds that the final or parcel map is in substantial compliance with the Page 186 of 415 Item 6i previously approved tentative map.” The approval of a final map is considered a ministerial action. Appropriate securities will be submitted prior to map recordation to guarantee completion of the required subdivision improvements as shown in the Subdivision Agreement (Attachment D). The resolution approving the final map (Attachment A) also authorizes the Mayor to sign the Subdivision Agreement requiring the Subdivider to complete the subdivision improvements. Public Engagement Public notification for the tentative map, environmental document, and underlying entitlements occurred with the Planning Commission public hearing on October 27, 2021 when the Planning Commission recommended approval of the project to the City Council, with conditions, and at the City Council public hearing on January 11, 2022 where the City Council approved the tentative tract map by adopting Resolution No. 11299 (2022 Series). Approval of the final map is considered a ministerial action, so a public hearing for this Final Map is not required. CONCURRENCE The Director of Public Works and the Natural Resources Manager concur with the recommended action. ENVIRONMENTAL REVIEW The Orcutt Area Specific Plan and an associated Final Environmental Impact Report (FEIR) were approved and certified by City Council on March 2, 2010. The Bullock Ranch Vesting Tentative Tract Map #3136 (VTM) was analyzed in a project -specific Initial Study/Mitigated Negative Declaration (IS/MND), which tiered off the 2010 FEIR. The VTM was approved and the IS/MND was adopted by City Council Resolution 11299 on January 11, 2022. Both the 2010 FEIR and subsequent IS/MND constitute the complete environmental determination for the project. Approval of the final map is statutorily exempt under the California Environmental Quality Act (CEQA) pursuant to Section 15268(b)(3) Ministerial Projects (approval of final subdivision maps) of Title 14 of the California Code of Regulations (State CEQA Guidelines). Therefore, no further environmental review is required. FISCAL IMPACT Budgeted: Yes Budget Year: 2026-Ongoing Funding Identified: Yes Page 187 of 415 Item 6i Fiscal Analysis: Funding Sources Total Budget Available Current Funding Request Remaining Balance Annual Ongoing Cost General Fund $0 $0 $0 $0 State Federal Fees Other: CFD Total $0 $0 $0 $0 There are no fiscal impacts directly associated with approval of the final map for Tract 3136. The City will eventually incur costs upon acceptance of the public improvements by the City, which will occur by separate Council action once the subdivision improvements are deemed complete. The public improvements include the extension of Bullock Lane and the new frontage improvements along Ranch House Road. The interior access roads/drive aisles, on-site utilities, and stormwater improvements are private and will be maintained by a private owners association. ALTERNATIVES Deny approval of the final map. Denying approval of the final map is appropriate only if findings are made that the requirements or conditions of the tentative map have not been met or performed (Section 66473 of the Subdivision Map Act) or if findings are made that the final map is not in substantial compliance with the previously approve d tentative map (Section 66474.1 of the Subdivision Map Act). ATTACHMENTS A - Draft Resolution approving Bullock Ranch Tract 3136 Final Map B - Vicinity Map C - Tentative Map (Tract 3136) D - Draft Subdivision Agreement Tract 3136 E - Draft Final Map (Tract 3136) Page 188 of 415 R _____ RESOLUTION NO. _______ (2025 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, APPROVING THE FINAL MAP FOR TRACT 3136, AND AUTHORIZING THE MAYOR TO EXECUTE A SUBDIVISION AGREEMENT IN A FORM SUBJECT TO THE APPROVAL OF THE CITY ATTORNEY (3580 BULLOCK LANE, FMAP-0168-2022) WHEREAS, the City Council made certain findings concerning the vesting tentative map for Tract 3136, as prescribed in Resolution No. 11299 (2022 Series); and WHEREAS, the City is actively working with the subdivider on an Affordable Housing Agreement for proposed transfer of affordable housing units; and WHEREAS, all the requirements, conditions and mitigation measures of said Resolution No. 11299 (2022 Series) will be completed or appropriate securities will be in place prior to map recordation to guarantee their completion; and WHEREAS, per Condition of Approval 83(g) of Resolution No. 11299, the Developer is released of the obligation to construct the bike path on Bullock Lane because the City was unsuccessful in acquiring the necessary Right-of-Way from Union Pacific Railroad needed to facilitate the construction of the bike path extension by the Developer; and WHEREAS, Resolution 11514, approved by the City Council on August 20, 2024, contemplated a phased project and map approvals and approved the Phase 1 Final Map for Tract 3136 but the project is now proceeding in an unphased manner and the single Final map is now ready for acceptance; and WHEREAS, the Orcutt Area Specific Plan and an associated Final Environmental Impact Report (FEIR) were approved and certified in March 2010. The Bullock Ranch Vesting Tentative Tract Map #3136 (VTM) was analyzed in a project-specific Initial Study/Mitigated Negative Declaration (IS/MND), which tiered off the 2010 FEIR. The VTM was approved and the IS/MND was adopted on January 11, 2022. Both the 2010 FEIR and subsequent IS/MND constitute the complete environmental determination for the project; and WHEREAS, approval of the final map is statutorily exempt under the California Environmental Quality Act (CEQA) pursuant to Section 15268(b)(3) Ministerial Projects (approval of final subdivision maps) of Title 14 of the California Code of Regulations (State CEQA Guidelines), therefore, no further environmental review is required for approval of the Tract 3136 final map. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. The final map for Tract 3136 is found to be in substantial conformance with the tentative map. Page 189 of 415 Resolution No. (2025 Series) Page 2 R _____ SECTION 2. The final map for Tract 3136 does not create new park land, and developer must pay Orcutt Area Specific Plan (OASP) area Parkland Reimbursement fees prior to recordation of the Final Map. SECTION 3. The City Clerk is authorized to accept easement offers for street rights-of-way, street tree easements, pedestrian access easements, and p ublic utility easements dedicated on the map upon completion of the improvements to the satisfaction of the City with the signing of the final map. SECTION 4. The Mayor is authorized to execute a Subdivision Agreement for Tract 3136 in a form subject to approval of the City Attorney. SECTION 5. Approval of the final map for Tract 3136 is hereby granted with the understanding that minor changes to the final map for technical accuracy and condition compliance may still be needed. The Public Works Director is authorized to approve these changes and submit the map for recordation when it is deemed to be complete and all conditions are mitigation measures are complied with. SECTION 6. The Mayor and City staff are authorized to take all actions necessary to carry out the intent of this resolution. SECTION 7. Environmental Review. The 2010 Final Environmental Impact Report for the Orcutt Area Specific Plan and the Initial Study/Mitigated Negative Declaration for Vesting Tentative Tract Map 3136 constitute the complete environmental determination for the project. Approval of a final map is statutorily exempt under the California Environmental Quality Act (CEQA) pursuant to Section 15268(b)(3) Ministerial Projects (approval of final subdivision maps) of Title 14 of the California Code of Regulations (State CEQA Guidelines). Therefore, no further environmental review is required. Upon motion of Council Member ___________, seconded by Council Member ___________, and on the following roll call vote: AYES: NOES: ABSENT: The foregoing resolution was adopted this _____ day of _______________ 20 25. ___________________________ Mayor Erica A. Stewart ATTEST: ______________________ Teresa Purrington Page 190 of 415 Resolution No. (2025 Series) Page 3 R _____ City Clerk APPROVED AS TO FORM: ______________________ J. Christine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on ______________________. ___________________________ Teresa Purrington City Clerk Page 191 of 415 Page 192 of 415 VICINITY MAP TRACT 3136 NOT TO SCALE Page 193 of 415 Page 194 of 415 OHOHOHOHOHOHOH ARVAPN 053-061-053225230235 223224226 227228229 231 231 231 232233233233 234 236 237 2322222232323233332232322322322232223223222232222322323333223322322322232223223233 N 32°01'02" W 231.32'50'50'30'27'100'57'PIPE LINES EASEMENT2348/OR/112SLOPE MAINTENANCE EASEMENT31/OR/409STREET RIGHT-OF-WAYDOC #17-24305PUBLIC ROAD/UTILITYDOC #90-3826022' SEWER EASEMENTDOC #17-24306 (TO BE ABANDONED)PIPE LINES EASEMENT2348/OR/112PUBLIC STREET/UTILITIESDOC #17-25192STORM DRAIN EASEMENTDOC #17-24540TO BE ABANDONEDFOREFFO'03NOITACIDED27' OFFER OFNOITACIDED53.19'204.00'180.00'182.00'152.83'193.42'240.14'59.00'163.47'158.33'79.28'225.00'224.90'79.30'158.34'240.25'222.30'(E) PARCEL LINETO BE DELETEDSTREET IMPROVMENTSPER APPROVED PLANSTYPSTREET IMPROVMENTSPER APPROVED PLANSTYPPROPOSED AIRSPACECONDOMINIUM TYPPHASE 1PHASE 2PHASE 1PHASE 2PHASE 1PHASE 2335,707 SF219,639 SF913,046 SF831,713 SF443,243 SF546,590 SF1134,375 SF1012,118 SF1241,880 SF1350,146 SF1424,199 SF631,713 SF729,424 SF136,851 SFPROPOSED AIRSPACECONDOMINIUM TYP8' PRIVATEDRAINAGEEASEMENT6' DRAINAGE EASEMENT TO BENEFIT APN 076-481-007 PROPOSED AIRSPACECONDOMINIUM TYPPROPOSED AIRSPACECONDOMINIUM TYPZONED 'MIXED USE/NEIGHBORHOODCOMMERCIAL (SHADED AREA)SPONZA PL'B' STREET'B' STREET'C' STREETCOURT '1'COURT '2'COURT '4'COURT '3'COURT '5'COURT '6''C' STREETCOURT '11'COURT '10'COURT '9'COURT '7'COURT '8'SPONZA PL'A' STREET'A' STREETArchitecture + Planning17911 Von Karman Ave,Suite 200Irvine, CA 92614949.851.2133ktgy.comBullock RanchSAN LUIS OBISPO, CA # 2018-1068Vesting Tentative Tract 3136SEPTEMBER 28, 2021NORTH40 20 0 40 80SCALE: 1" = 40'B U L L O C K L NU P R RProposed Parcel IndexLotPhaseArea (sf)Condominiums1136,85102119,63983134,707104143,243185146,590166131,713127129,424128131,843129113,046810212,118011234,3753012 241,8802413250,1462414 224,19918OFFERS -25,161-TOTAL -475,935192Existing Parcel IndexPriorAPN Gross NetOWNERPRIORCURRENTLOTSFACRESFACREAnderson 076-481-008 004-705-009PORTION LOT133 1/LS/92237,9305.46231,7395.32Evans076-491-008 053-061-053PORTION LOT134 1/LS/92238,0055.46219,9745.05TOTAL475,93510.93451,71310.37SANDPIPER INVESTMENTS (PRATT)APN 004-705-010PEPPERTREE PROPERTIES (JONES)APN 004-709-026, -027, -028TRACT 3066PSSHAPN 053-061-057MUICKAPN 004-705-005TRACT 3044SANDPIPER INVESTMENTS (PRATT)APN 053-061-056TRACT 3111BLANKET EASEMENT NOTE:ALL ON-SITE AREAS EXCEPT BUILDINGS, PRIVATE PATIOS/PORCHES,AND FENCED REAR YARDS ARE RESERVED FOR COMMON USE, PUE,PRIVATE ACCESS, UTILITY, SEWER, WATER, AND DRAINAGE EASEMENTS.PRIVATE RECIPROCALACCESS EASEMENTPRIVATE RECIPROCALPEDESTRIANACCESS EASEMENTTO THE NORTH OF THE OASP CITY OWNS LANDUNDER WESTERN 30 FEET OF BULLOCK LANEPage 195 of 415 Page 196 of 415 1 SUBDIVISION AGREEMENT – TRACT 3136 THIS SUBDIVISION AGREEMENT – TRACT 3136 (“Agreement”) is dated this ______ day of ________________2025 by and between OHC BULLOCK RANCH, LLC, a Delaware limited liability company, herein referred to as "Subdivider," and the CITY OF SAN LUIS OBISPO, herein referred to as the "City." RECITALS REFERENCE IS HEREBY MADE to that certain proposed subdivision of real property in the City of San Luis Obispo, County of San Luis Obispo, State of California, a description of which is shown on the Final Map of Tract 3136, City of San Luis Obispo, California, as approved by the City Council on the _____ day of ______________, 2025. The Subdivider desires that said Tract 3136 be accepted and approved as a Final Map pursuant to the Subdivision Regulations of the City of San Luis Obispo (Title 16 of the San Luis Obispo Municipal Code), and It is a condition of said regulations that the Subdivider agree to install the improvements set forth in this Agreement. TERMS AND CONDITIONS: In consideration of the foregoing, the Subdivider, or assignee, does hereby agree to construct and install the following subdivision improvements (collectively, the “Improvements”), in accordance with said subdivision regulations and the approved plans and specifications dated ____________ ______, 2025 which are on file in the office of the City Engineer, to wit: 1. CURB, GUTTERS AND SIDEWALKS 2. STREET BASE AND SURFACING 3. WATER MAINS and SEWER MAINS, including sewer laterals to the property line Page 197 of 415 2 and water services to the curb stop. 4. LANDSCAPING 5. DRAINAGE STRUCTURES 6. STREET LIGHTS 7. ELECTRIC, GAS, TELEPHONE AND CABLE TELEVISION: In addition to the inspection and approval of such facilities by the City, each public utility shall be required to file a letter stating that the Subdivider has properly installed all facilities to be provided by him, and that the said utility is prepared to provide service to residents upon request. 8. ANY & ALL OTHER IMPROVEMENTS shown on plans or required by Resolution Number 11299 approved by the City Council on January 11, 2022 (“Project Approvals”). All of the Improvements shall be installed per the plans and specifications referenced above and any modifications thereto approved by the City Engineer (the “Approved Plans”). The lines and grades for all of said Improvements shall be established by the Subdivider in accordance with the Approved Plans. The Subdivider agrees that the work of installing the Improvements shall begin within Ninety (90) days from the date of recording of the Tract 3136 final map, and that the work shall be completed within Twenty-Four (24) months of said recording date, unless an extension has been granted by the City; the grant of any such extension shall not be unreasonably withheld by the City. Subdivider further agrees to annually renew the securities guaranteeing the Improvements until such time as the Improvements are complete and accepted by the City. It is further provided that if completion of said work is delayed by acts of God or labor disputes resulting in strike action, the Subdivider shall have an additional period of time equivalent to such period of delay in which to complete such work. Any extension of time hereunder shall not operate to release the securities Page 198 of 415 3 filed with the City pursuant to this Agreement. In this connection, the surety waives the provisions of Section 2819 of the Civil Code of the State of California. The Subdivider does also agree to comply with the conditions of approval set forth in the Project Approvals. Subdivider has paid the necessary fees as indicated on the attached Exhibits 1 and 2. The setting of new survey monuments or resetting of disturbed monuments shall be in accordance with Article 5, paragraph 8771 et seq., of the Professional Land Surveyors Act, Chapter 15 of the Business and Professions Code of the State of California. The Subdivider attaches hereto, as an integral part hereof, and as security for the faithful performance of this Agreement, instrument(s) of credit or bond approved by and in favor of the City of San Luis Obispo, and conditioned upon the faithful performance of this Agreement. As shown in Exhibit 2, said instrument(s) of credit or bond shall be in the amount of $2,967,700 for the public portion of the Improvements and $9,024,834.45 for the private portion of the Improvements. Completion of the work shall be deemed to have occurred on the date which the City Council shall, by resolution duly passed and adopted, accept said Subdivision Improvements according to the Subdivision Plans and Specifications, and any approved modifications thereto. Neither periodic nor progress inspections or approvals shall bind the City to accept the Improvements or waive any defects in the same or any breach of this Agreement. Subdivider agrees to remedy any defects in the Improvements arising from faulty workmanship or materials or defective construction of: (a) the public portion of the Improvements occurring within twelve (12) months after Final Acceptance; and, (b) the private portion of the Improvements occurring within twelve (12) months after Final Page 199 of 415 4 Inspection. In accordance with Sections 66499.7 and 66499.9 of the Government Code of the State of California, upon final completion and acceptance of the work, City will release all but 10% of the improvement security, that amount being deemed sufficient to guarantee faithful performance by the Subdivider of his obligation to remedy any defects in the Improvements arising within a period of one year following the completion and acceptance thereof. If the Subdivider fails to complete the Improvements within the prescribed time, the Subdivider agrees that City may, at its option, declare any instrument of credit or bond which has been posted by Subdivider to guarantee faithful performance, forfeited and utilize the proceeds to complete the Improvements, or City may complete said Improvements and recover the full cost and expense thereof from the Subdivider or its surety. The Subdivider has deposited with the City a labor and materials surety or sureties in the amount of 50% of the above-described subdivision improvements ($1,483,850 and $4,512,417.23) in accordance with State law. Said Subdivider shall pay an inspection fee for City to inspect the installation of said Improvements, and to verify that they have been completed in accordance with the Approved Plans. If off-site dedication of property is necessary to facilitate the construction of the required Improvements, the Subdivider and City shall adhere to the requirements of the Project Approvals with regards to acquiring said off-site dedication. Pursuant to Government Code Section 66474.9(b), the Subdivider shall defend, indemnify and hold harmless the City and/or its agents, officers and employees from any claim, action or proceeding against the City and/or its agents, officers or employees to Page 200 of 415 5 attack, set aside, void or annul, the approval by the City of this subdivision, and all actions relating thereto, including but not limited to environmental review (“Indemnified Claims”). The City shall promptly notify the Subdivider of any Indemnified Claim upon being presented with the Indemnified Claim and City shall fully cooperate in the defense against an Indemnified Claim. It is understood and agreed by and between the Subdivider and the City hereto that this Agreement shall bind the heirs, executors, administrators, successors and assigns of the respective parties to this Agreement. [signatures on following page] Page 201 of 415 6 IN WITNESS WHEREOF, this Agreement has been executed by: SUBDIVIDER OHC BULLOCK RANCH, LLC, a Delaware limited liability company By:____________________________ Troy Wahlberg, Senior Vice President CITY OF SAN LUIS OBISPO MAYOR Erica A. Stewart ATTEST: CITY CLERK Teresa Purrington APPROVED AS TO FORM: CITY ATTORNEY Christine Dietrick Page 202 of 415 7 EXHIBIT 1 TRACT 3136 PHASE 1 SUBDIVISION AGREEMENT 1. The Subdivider shall deposit a monumentation security in the amount of $12,400 to guarantee the installation of survey monuments in accordance with the approved map and payment for same. Said guarantee will be released once the installation of monuments has been verified and that existing monuments have not been disturbed, and upon receipt by the City of a letter from the Surveyor indicating that they have completed the work and have been paid. Subdivider shall adhere to the requirements of California Business and Professions Code Section 8771 with regards to monument preservation. The monumentation security also guarantees the replacement of any monuments that were disturbed during construction, along with filing of Records of Survey or Corner Records required by said Section 8771. 2. Parkland Reimbursement Payment is to be paid prior to final map recordation in the amount of $844,800. Refer to Exhibit 2 for details. 3. Public Infrastructure Reimbursement Payment is to be paid prior to final map recordation in the amount of $121,377 plus 2% interest per year. Refer to Exhibit 2 for details. 4. Reimbursement/ Credit Agreement Fee is to be paid prior to final map recordation in the amount of $42,793.37. Refer to Exhibit 2 for details. 5. The Subdivider shall pay a roadway maintenance fee to satisfy the roads maintenance requirements of the City, specifically maintenance caused by a surplus of heavy vehicles during the temporary construction activities of the project. The fee of $15,000 was estimated and approved by the City Engineer in accordance with City Engineering Standards and guidelines. 6. The subdivider shall comply with all requirements of City Council Resolution No. 11299 and Council Resolutions related to approval of the tentative map, approving the Orcutt Area Specific Plan, and certifying the Final Environmental Impact Report. (3580/3584 BULLOCK LANE FILE #ARCH-0489-2019, SBDV-0490-2019, EID-0345-2020) Page 203 of 415 8 EXHIBIT 2 TRACT 3136 - FEE AND BOND LIST, BULLOCK LANE Bonds and Guarantees: Amount Form Date Received Bond Release Status Faithful Performance: 1. OFF-SITE IMPROVEMENTS (PIPs) (FMAP-0177-2022) $2,967,700 Bond Based on Engineer’s estimate of probable cost. To be released upon Final Acceptance. 2. ON-SITE IMPROVEMENTS (FMAP-0177-2022) $9,024,834.45 Bond Based on Engineer’s estimate of probable cost. To be released upon Final Inspection. 3. Monument Guarantee $12,400 Bond or CD To be released upon verification that monuments have been set and surveyor has been paid. Labor & Materials (50% of cost of each of the above improvements) 1. OFF-SITE IMPROVEMENTS (PIPs) (FMAP-0177-2022) $2,967,700 / 2 = $1,483,850 Bond Based on Engineer’s estimate of probable cost, divided by two. 2. ON-SITE IMPROVEMENTS (FMAP-0177-2022) $9,024,834.45 / 2 = $4,512,417.23 Bond Based on Engineer’s estimate of probable cost, divided by two. 10% Warranty To be collected prior to release of Faithful Performance Bonds To be released one-year after Final Acceptance or Final Inspection as applicable, if no defects, and approval of record drawings. Page 204 of 415 9 Fees: Amount Form Date Received Status 1. Map Check Fee (Paid) $18,562.00 Check 2022 Paid (covers original map check) Additional Map Check Fee (Paid) $11,200.00 Check December 2023 Paid 2. Improvement Plan check Fees For all on-site and off-site applicable items from case FMAP-0177-2022 $102,114.55 Check May 2023 PAID IN FULL, MAY 2023 Based on approved construction estimates (covers whole Tract 3136 site) Phase 1 Plan check Fees (additional fee for splitting into two phases) For all on-site and off-site applicable items from case FMAP-0177-2022 $27,300.00 Check December 2023 PAID IN FULL, December 2023 Based on approved construction estimates (covers Phase 1 and future Phase 2, but for this subdivision agreement the phases are put together and phases no longer apply) 3. Planning Fees for ARCH-0489-2019 $10,619.22 Pay prior to map recordation. Invoiced 11/21/23 4. Construction Inspection Fees For all of on-site and off-site applicable items from case FMAP-0177-2022 $421,227.24 Based on approved construction estimates. (covers whole Tract 3136) 5. Roadway Maintenance Fee $15,000 To be deposited in Acct # 40050300- 90346953 Streets Reconstruction and Resurfacing Master per Public Works Director (covers whole Tract 3136) 6. Reimbursement/Credit Agreement Fee (Developer is eligible for fee credits for construction of improvements which are also included in City’s fee program. Credit Agreement is required.) $42,793.37 Pay current fee in effect prior map recording for Tract 3136. (Staff previously worked with developers which resulted in a draft agreement. Payment of fee for services already performed is still outstanding.) NOTE: The fee must be paid, a Credit Agreement must be approved by City Council, and the Agreement must be fully executed prior to the first building permit issuance to receive any fee credits. Page 205 of 415 10 7. Parkland Reimbursement Payment: (Parkland dedicated by Righetti Ranch, LP. Bullock Ranch is benefiting property and required to make “Reimbursement Payment” to Righetti Ranch, under the Parkland Reimbursement Agreement between City and Righetti Ranch, L.P.) $844,800 $4,400/ unit per updated Table 9 of the OASP PFFP (R-10850, 2017 Series). Tract 3136 total unit count is 192. Amount covers all units in Tract 3136. Due at time of recording subdivision map for Tract 3136. City to deposit to GL 725.9104.44316 and pass-through funds received to Righetti Ranch, LP. 8. Public Infrastructure Reimbursement Payment: (Righetti Ranch, LP installed public infrastructure in greater size and capacity than required. Bullock Ranch is benefiting property and required to make “Infrastructure Reimbursement Payment” under the Infrastructure Reimbursement Agreement between City and Righetti Ranch, L.P.) $121,377 + 2% interest per year Interest calculated from the date City accepted the public improvements, 10/22/2019, to date developer pays the fee.  $2,427.54/ year  $202.30/ month  $6.65/ day Due at time of recording subdivision map for Tract 3136. City to deposit to GL 724.9104.44316 and pass-through funds received to Righetti Ranch, LP. Impact Fees: Transportation Impact Fees:  OASP Base Transportation Impact Fee (vested after 7/1/2018)  OASP Subarea Add-on Transportation Impact Fee (vested after 7/1/2018) $TBD/ unit $TBD/ unit Pay current fees in effect based on permit application date at time of building permit issuance. Applies to residential and commercial units. Utility Impact Fees:  Water Impact Fee  Wastewater Impact Fee $TBD/ unit $TBD/ unit Pay current fees in effect based on permit application date at time of building permit issuance. Applies to residential and commercial units. Parkland Impact Fees:  Parkland Development Impact Fee Impact (Orcutt Area) $TBD/ unit Pay current fees in effect based on permit application date at time of building permit issuance. Applies to residential units only. Emergency Services Impact Fees:  Police Impact Fee  Fire Impact Fee $TBD/ unit $TBD/ unit Pay current fees in effect based on permit application date at time of building permit issuance. Applies to residential and commercial units. 9. Affordable Housing Requirements See Affordable Housing Agreement Page 206 of 415 Page 207 of 415 Page 208 of 415 Page 209 of 415 Page 210 of 415 Page 211 of 415 Page 212 of 415 Item 6j Department: Human Resources Cost Center: 3001 For Agenda of: 10/21/2025 Placement: Consent Estimated Time: N/A FROM: Nickole Domini, Human Resources Director Prepared By: Kate Auslen, Risk and Benefits Manager SUBJECT: AUTHORIZATION TO ADVERTISE REQUEST FOR PROPOSALS (RFP) FOR A DEFERRED COMPENSATION PLAN CONSULTANT AND FIDUCIARY INVESTMENT ADVISOR; AUTHORIZATION TO ADVERTISE A SUBSEQUENT RFP TO CONSOLIDATE RECORDKEEPING SERVICES RECOMMENDATION 1. Adopt a Resolution entitled “A Resolution of the City Council of the City of San Luis Obispo, California, Designating the City Manager as Plan Administrator for Deferred Compensation Plans” (Attachment A). 2. Authorize the Director of Human Resources to advertise a Request for Proposals (RFP) for a Deferred Compensation Consultant (Attachment B); 3. Authorize the Director of Human Resources to advertise a RFP for a Deferred Compensation Recordkeeper, via the selected Consultant (Attachment C); and 4. Authorize the City Manager to execute professional services agreements with the selected consultant and selected recordkeeper. POLICY CONTEXT The City of San Luis Obispo (“City”) has offered its employees voluntary participation in deferred compensation retirement plans (“Plans”) since 1979 (Resolution No. 3875). Additional plan options have been added over the years, and the City has provided oversight of the Plans through annual plan reviews. In alignment with the Council adopted Compensation Philosophy (Resolution No. 10248 – 2011 Series), the City is committed to attracting and retaining well qualified employees by offering competitive compensation. As part of the Human Resources Department’s work plan, enhancements to t he City’s benefits program offerings are being pursued. The City’s Financial Management Manual, Section 202, requires City Council approval for purchases or contracts at or exceeding $150,000. It is unclear, but possible, that this project is subject to the requirements of Section 202 because the total amount paid to the consultant may exceed $150,000 over the course of the five -year term of the agreement, though these costs are paid by employees and not the City directly. Out of caution, this item is being presented for City Council approval. Page 213 of 415