City of Corona
Staff Report
400 S. Vicentia Ave.
Corona, CA 92882
File #: 22-0268
REQUEST FOR CITY COUNCIL ACTION
DATE: 04/06/2022
TO: Honorable Mayor and City Council Members
FROM: Planning and Development Department
SUBJECT:
Acceptance of the public improvements and release of the public improvement securities associated with Lots I, J, K and L Tract Map 37030 and release of grading security associated with Lots 5 through 10, 16 and 17 of Tract 37030 posted by Richmond American Homes (Applicant: Richmond American Homes of Maryland, Inc.).
EXECUTIVE SUMMARY:
Richmond American Homes is a merchant builder within the Bedford Community and has completed the required public improvements and grading operations associated with Lots I, J, K, L and Lots 5 through 10, 16, and 17 of Tract 37030. The project is part of the first development phase of the Arantine Hills Specific Plan within the Citron Townhome product of the Bedford Community. The recommended action is for the City to accept the public improvements and release the applicable securities posted by the builder.
RECOMMENDED ACTION:
That the City Council:
a. Accept the public improvements associated with Lots I, J, K, and L of Tract 37030. b. Retain twenty-five percent (25%) of the Faithfull Performance Security for one year beyond the acceptance of the improvements as security for repair and replacement of any improvements that fail to meet City standards at the end of the one-year period. (SUR0052769, SUR0052768, SUR0052767, SUR0052766, SUR00552765). c. Retain the Labor and Material Security for six months beyond the acceptance of the improvements and automatically release the security, unless claims are filed. (SUR0052769, SUR0052768, SUR0052767, SUR0052766, SUR00552765).
d. Release the Grading and Erosion Control Securities (SUR0052762, SUR0052784 and R17822 City of Corona Page 1 of 3 Printed on 3/31/2022
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File #: 22-0268
d. Release the Grading and Erosion Control Securities (SUR0052762, SUR0052784 and R17822 and R19676).
BACKGROUND & HISTORY:
Tract Map 37030 is a subdivision of approximately 54 acres into 45 lots for condominium purposes and is the first phase of development in the Arantine Hills Specific Plan, which was approved by the City Council on October 4, 2017. The map facilitates the development of 393 residential units. The project is located south of Eagle Glen Parkway and west of Interstate 15, as shown on Exhibit 1.
On November 6, 2019, the merchant builder, Richmond American Homes entered into Public Improvement Agreements with the City and posted bonds for the development of Lots I, J, K, and L of Tract Map 37030. The merchant builder also entered into Grading Agreements with the City and posted securities on October 16, 2019, and January 15, 2020, for the grading of three model homes and 56 residential production units on Lots 5 through 10, 16, and 17 of the map.
ANALYSIS:
The improvements secured by these agreements have been completed and inspected to ensure conformity with City specifications.
Twenty-five percent (25%) of the Faithful Performance Security for the public improvements will be retained for a period of one-year to guarantee repair or replacement of any improvements that fail prior to the end of the one-year period. Any written claims against the performance security must be made prior to the one-year guarantee period, which is set to expire on April 6, 2023. City Staff will release the Faithful Performance Security one year after acceptance of the improvements by the City Council, pursuant to California Government Code Section 66499.9 (c).
It is necessary to retain the Labor and Material Security for a period of six months, in accordance with the State Subdivision Map Act.
The site has been precise graded in accordance with all City Standards and the approved Grading Plans. Therefore, it is appropriate to release the Grading and Erosion Control Securities associated with these agreements at this time.
The following is a summary of the securities:
Public Improvement Security Security No. Faithful
Performance
Security No. Labor &
Materials
Lumia, Bearrs, Limetta,
Palmer Parkway Landscape
Bond (Lots I and J)
SUR0052769 $40,800 SUR0052769 $20,400
Citrange, Seville, Nova
Parkway Landscape Bond
(Lots K and L)
SUR0052768 $35,600 SUR0052768 $17,800
Citrange, Seville, Nova Street
Improvement Bond (Lots K
and L)
SUR0052767 $744,000 SUR0052767 $372,000
Lumia, Bearrs Limetta,
Palmer Street Improvement
SUR0052766 $787,400 SUR0052766 $393,700
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File #: 22-0268
Palmer Parkway Landscape
Bond (Lots I and J)
Citrange, Seville, Nova
Parkway Landscape Bond
(Lots K and L)
SUR0052768 $35,600 SUR0052768 $17,800
Citrange, Seville, Nova Street
Improvement Bond (Lots K
and L)
SUR0052767 $744,000 SUR0052767 $372,000
Lumia, Bearrs Limetta,
Palmer Street Improvement
Bond (Lots I and J)
SUR0052766 $787,400 SUR0052766 $393,700
Bearrs Storm Drain Bond
(Lot J)
SUR0052765 $328,400 SUR0052765 $164,200
Precise Grading Security Security No. Faithful
Performance
Labor & Materials
Bedford (50x100) Models, Lot 16
and Portion of Lot 17, DWG#19-
020P Grading Work Erosion
Control
SUR0052762
Cash Bond
(R17822)
$15,900 $2,500 N/A
DWG#19 -028P Precise Grading
Erosion Control
SUR0052784
Cash Bond
(R19676)
$169,800 $
2,500
N/A
FINANCIAL IMPACT:
All applicable fees have been paid by the developer. It is the City’s responsibility to begin the maintenance of the public improvements one (1) year after the date of acceptance.
ENVIRONMENTAL ANALYSIS:
The release of public improvement and grading securities is not a project pursuant to the California Environmental Quality Act. Therefore, no further environmental analysis is required.
PREPARED BY: CHRIS HORN, P.E., SENIOR ENGINEER
REVIEWED BY: JOANNE COLETTA, PLANNING AND DEVELOPMENT DIRECTOR Attachments:
1. Exhibit 1 - Location map
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