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HomeMy WebLinkAboutR-10601 Partial Acceptance of Improvements - Tract 2342, 392 Prado RoadRESOLUTION NO. 10601 (2015 Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, PARTIALLY ACCEPTING THE PUBLIC IMPROVEMENTS AND CERTIFYING COMPLETION OF THE PRIVATE IMPROVEMENTS FOR TRACT 2342 (392 PRADO ROAD, TR 63 -05) WHEREAS, the City Council made certain findings concerning Tract 2342, as prescribed in Resolution No. 9776 (2006 Series) and Resolution No. 10423 (2013 Series); and WHEREAS, the City Council approved the final map for Tract 2342 per Resolution No. 10426 (2013 Series); and WHEREAS, with the exception of the surface street improvements on Sage Street east of Serra Meadows Drive, the subdivider has satisfactorily completed the public improvements for Tract 2342, 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 2342, 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 above recitals are true and correct and incorporated herein by this reference. SECTION 2. The City Council hereby accepts the public improvements for Tract 2342 and the underground utilities and street lights on Sage Street, but does not accept the surface street improvements on Sage Street east of Serra Meadows Drive depicted on the attached Exhibit A. SECTION 3. The Public Works Director is authorized to accept the remaining Sage Street improvements east of Serra Meadows Drive on behalf of the City once the fence is removed and the street and driveways are repaired in accordance with City standards and specifications and to the satisfaction of the Public Works Director. SECTION 4. The City Council hereby certifies completion of the private improvements for Tract 2342. SECTION 5. The Faithful Performance and Labor & Materials securities may be released upon submittal of a security or securities totaling $305,000, which is ten percent of the cost of the total subdivision improvements, as required in the approved Subdivision Agreement for Tract 2342. R 10601 Resolution No. 10601 (2015 Series) Page 2 SECTION 6. A portion of the $305,000 in securities may be released upon completion of the one -year warranty period to the satisfaction of the City, as required in the Subdivision Agreement for Tract 2342, while the remainder will be retained to ensure faithful performance of the completion of the Sage Street improvements east of Serra Meadows Drive and completion of a satisfactory one -year warranty period for those Sage Street improvements. SECTION 7. The City Council hereby authorizes the Public Works Director to take action necessary to carry out the intent of this Resolution. Upon motion of Council Member Christianson, seconded by Vice Mayor Ashbaugh, and on the following roll call vote: AYES: Council Members Carpenter, Christianson, Rivoire, Vice Mayor Ashbaugh and Mayor Marx NOES: None ABSENT: None The foregoing resolution was adopted this 3`d day of March, 2015. ATTEST: Attorney Mh or an Marx IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, this ct' day of HarcAn 5 Zoi s Resolution No. 10601 (2015 Series) Page 3 i Exhibit A a; m CL a� � N a f +- w vs;q O� .E O Vi 9n f � I 0 v7 (Q yU ��� I � .n :61uv ■.�1.f0.NV Y r ay'{rj syr WN n .P999 n4 I � r� OR I I I Y ~ -'3 w I 1 \ v � II tI a III w I f I` I d r 3N80 SMOOV3W VIW33 I IA I •bl� � III i° � .nh III `I 4- p�, IV N Q a' N atx -- �•- ``-i9r ,3 �,t�W cv I I r�4 � r, anrw7y Teo NZ900 -1001 '300 83d 1N]N35V3 3Nf H3IVM ,Si 1f �pC` II If LU I � � � I rYtlYiryooSt 1 � � f y I I � N � � I IS1fN0I4661 I I I aid 113e3o ,ti I A� f I I a ,ezross � I � 62 fpm i 1 .0 svo 3IT�» N " — — — — — N UZ VA UlstA f pU All" 3.IV."..00N w zt p5cy�� � o fJhd'0i I` d �s °s 1