ITEM 4. 16
CITY MANAGER' S REPORT
TUNE 12, 2023 CITY COUNCIL REGULAR MEETING
ITEM: ACCEPT PUBLIC IMPROVEMENTS FROM RIVER
ISLANDS DEVELOPMENT, LLC FOR VILLAGE - U",
TRACTS 3989 AND 3990
RECOMMENDATION: Adopt Resolution Accepting Public Improvements from River Islands Development, LLC for Village " U",
Tracts 3989 and 3990
SUMMARY:
River Islands Development, LLC ( RID) has completed construction of the public improvements listed in the GASB 34 reports ( Attachment " C") for Tracts 3989 and 3990 (" Tracts"), Village " U", in accordance with their Subdivision Improvement Agreement ( SIA).
These improvements have been inspected by staff and deemed complete to City specification by the City Engineer. RID provided a one- year warranty bond based on 10% of the completed improvement construction cost and lien releases for the improvements. A vicinity map for the Tracts is included as Attachment " B".
Staff recommends City Council accept the completed Public Improvements for the Tracts.
BACKGROUND:
On March 27, 2007, Council approved Vesting Tentative Map ( VTM) 3694, and later amended VTM 3694 with updated Conditions of Approval ( COA) on June 1, 2015. The Tracts comply with the amended COA' s of VTM 3694.
As required by the City' s subdivision ordinance, the final maps for the Tracts within Village " U" included a Subdivision Improvement Agreement ( SIA) and Letter of Guarantee to guarantee public improvements. Completion of the public improvements listed in the GASB 34 reports fulfills the associated obligations of the SIA. The Council approval dates & resolution numbers are detailed in Table 1 below.
Table 1: Council Aooroval Dates and Resolutions
Village Tract
Council Approval
Date of Tract
Resolution Number
U
3989 10/ 8/ 2018 18- 4460
3990 9/ 9/ 2019 19- 4626
The Letter of Guarantee will be released and replaced with the Warranty Bond upon acceptance of the improvements. The letter/ bond values and numbers are detailed in Table 2 below.
CITY MANAGER' S REPORT PAGE 2
JUNE 12, 2023 CITY COUNCIL REGULAR MEETING
ACCEPT PUBLIC IMPROVEMENTS FROM RID FOR VILLAGE - U", TRACTS 3989 AND 3990
Table 2: Letter/ Bend Valups and Numharc
Village Tract
Letter of
Guarantee Warranty Bond
Date/ Value
Number/ Value
U
3989
8- 28- 2019/$ 212, 360 0799681/$ 162, 900
3990
REASON FOR RECOMMENDATION:
Staff has inspected the improvements listed in the GASB 34 Reports for the Tracts and confirmed that the improvements have been completed in accordance with City specifications and deemed complete by the City Engineer.
RID has submitted lien releases, a one- year maintenance bond, and as -built drawings for the improvements offered for acceptance.
FISCAL IMPACT:
The City' s maintenance costs will increase to maintain the improvements. The warranty bonds cover any repairs or replacements due to defective materials or workmanship for the completed improvements that become necessary during the one- year period, beginning with this acceptance. The City' s Service Maintenance CFD 2013- 1 has been established to fund City maintenance and operating costs.
ATTACHMENTS:
A. Resolution Accepting Public Improvements from River Islands Development, LLC for Village " U", Tracts 3989 and 3990 B. Vicinity Map
C. GASB 34 Reports
CITY MANAGER' S REPORT PAGE 3
JUNE 12, 2023 CITY COUNCIL REGULAR MEETING
ACCEPT PUBLIC IMPROVEMENTS FROM RID FOR TRACTS 3989 AND 3990 VILLAGE " U"
APPROVALS:
Bellal Nabizadah
Assistant Engineer
o o
Ken Reed
Senior Construction Manager
Brad TWylor
City Engi eer
Cari Jame
Finance DIPLtor
Michael King
Assistant City Manager
Salvador Navarrete
City Attorney
City Manager
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RESOLUTION NO. 23-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LATHROP ACCEPTING
PUBLIC IMPROVEMENTS FROM RIVER ISLANDS DEVELOPMENT, LLC FOR VILLAGE "' U", TRACTS 3989 AND 3990
WHEREAS, on March 27, 2007, the City Council approved Vesting Tentative Map ( VTM) 3694, and later amended VTM 3694 with updated Conditions of Approval COA) on June 1, 2015. The Tracts comply with the amended COA' s of VTM 3694; and
WHEREAS, required by the City' s subdivision ordinance, the final maps for the Tracts within Village " U" included a Subdivision Improvement Agreement ( SIA) and Letter of Guarantee to guarantee public improvements. Completion of the public improvements listed in the GASB 34 reports fulfills the associated obligations of the SIA. Council approval dates of the Tracts & resolution numbers are detailed in Table 1 below; and
Table 1: Council Auuroval Dates and Resolutions
Village Tract
Council Approval
Resolution Number
Date of Tracts
3989 10/ 8/ 2018 18- 4460
U
3990 9/ 9/ 2019 19- 4626
WHEREAS, the Letter of Guarantee, which was provided in place of the performance bond, will be released and replaced with the Warranty Bond upon acceptance of the improvements. The bond values and numbers are detailed in Table 2 below; and
Table 2: Letter/ Bond Values and Numbers
Village Tract
Letter of Guarantee Warranty Bond
Date/ Value Number/ Value
3989
U 8- 28- 2019/$ 212, 360 0799681/$ 162, 900
3990
WHEREAS, staff has inspected the improvements listed in the GASB 34 Reports for the Tracts and confirmed that the improvements have been completed in accordance with City specifications and deemed complete by the City Engineer; and WHEREAS, RID has submitted lien releases for the improvements offered for acceptance, one- year warranty bond, and as -built drawings for said improvements; and
WHEREAS, the City' s maintenance costs will increase because of the additional improvements that have to be maintained. The warranty bonds cover any repairs or replacements due to defective materials or workmanship for the completed improvements that become necessary during the one- year period, beginning with this acceptance. The City' s Service Maintenance CFD 2013- 1 has been established to fund City maintenance and operating costs.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lathrop accepts the public improvements, as detailed in the GASB 34 Reports, from River Islands Development, LLC for Village " U", Tracts 3989 and 3990.
The foregoing resolution was passed and adopted this 12th day of June 2023, by the following vote of the City Council, to wit:
AYES:
NOES:
ABSTAIN:
ABSENT:
ATTEST:
Teresa Vargas, City Clerk
Sonny Dhaliwal, Mayor
APPROVED AS TO FORM:
T;tL
Salvador Navarrete, City Attorney
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ATTACHMENT
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Submitted by:
Tract No
CITY OF LATHROP
PROJECT ACCEPTANCE
GASB 34 REPORT)
Date: 3/ 23/ 2023
River Islands Village U - Tract 3989 ( 50 Lots
Item Unit 9!( Unit Price Amount
3" AC Paving SF 26, 700 1. 50 40, 050. 00
4. 5" AC Paving SF 75,600 2. 25 170, 100. 00
7" Aggregate Base SF 26, 700 1. 05 28, 035. 00
8" Aggregate Base SF 75, 600 1. 20 90, 720. 00
Vertical Curb and Gutter ( with AB cushion) LF 2,390 15. 00 35, 850. 00 Rolled Curb and Gutter (with AB cushion) LF 3, 320 15. 00 49, 800. 00 Concrete Sidewalk SF 27, 200 5. 00 136, 000. 00
Driveway Approach EA 51 600.00 30, 600. 00
Handicap Ramps EA 12 2, 500. 00 30, 000. 00
Survey Monuments EA 10 300. 00 3, 000. 00
Traffic Striping & Signage LF 3, 030 5. 00 15, 150. 00
Catch Basins ( type Ainlet) EA 13 2,400. 00 31, 200. 00 Catch Basins (type A inlet over type l manhole base) EA 3 2, 800. 00 8, 400. 00 Catch Basins (type A inlet over type Il manhole base) EA 2 5, 000. 00 10, 000. 00 Catch Basins (type A inlet over type 111 manhole base) EA 3 5, 000. 00 15, 000. 00 Field Inlet (type C inlet over type I manhole base) EA 1 1, 200. 00 1, 200. 00 15" Storm Drain Pipe LF 600 34. 00 20, 400. 00
18" Storm Drain Pipe LF 380 46. 00 17, 480. 00
24" Storm Drain Pipe LF 70 65. 00 4,550. 00
30" Storm Drain Pipe LF 550 80. 00 44, 000. 00
42" Storm Drain Pipe LF 250 120. 00 30, 000. 00
48" Storm Drain Pipe LF 480 125. 00 60, 000. 00
Manholes ( type 1) EA 2 3, 000. 00 6, 000. 00
Manholes ( type 11) EA 2 5, 000.00 10, 000. 00
8" Sanitary Sewer Pipe LF 3, 100 28. 00 86, 800. 00
Manholes EA 13 4, 000. 00 52, 000. 00
Manholes (Trunk) EA 1 6, 000. 00 6, 000. 00
4" Sewer Service EA 51 600. 00 30, 600. 00
8" Water Line ( including all appurtenances) LF 2, 530 32. 00 80, 960. 00 10" Water Line ( including all appurtenances) EA 540 40. 00 21, 600. 00 1" Water Service EA 2 800. 00 1, 600. 00
1- 112" Water Service EA 50 2, 000. 00 100, 000. 00
2" Water Service EA 1 2, 000.00 2, 000. 00
3" Water Service EA 1 2, 000. 00 2, 000. 00
Fire Hydrants EA 6 4,000. 00 24, 000. 00
Blow Off Valve EA 7 4, 000. 00 28, 000. 00
Air Release Valve EA 5 2, 500. 00 12, 500. 00
Resilent Valve EA 17 1, 550. 00 26, 350. 00
8" Non - Potable Water Line ( including all appurtenances) LF 860 35. 00 30, 100. 00 3" Non -Potable Water Service EA 1 2, 000. 00 2, 000. 00 2" Non -Potable Water Service EA 2 2, 000. 00 4, 000. 00 Blow Off Valve EA 5 4, 000. 00 20, 000. 00
Air Release Valve EA 1 2, 500. 00 2, 500. 00
Resilent Valve EA 5 1, 550. 00 7, 750. 00
Civil Engineering/ Design LS 1 33, 784. 00 33, 784. 00
Surveying/ Staking LS 1 36, 000. 00 36, 000. 00
Joint Trench/ Utilities LS 1 25, 000. 00 25, 000. 00
Plan Check and Inspection Fees LS 1 103, 590. 55 103, 590. 55 Total 1, 627, 000. 00
T U5500- River Islands Phase 1A\ Estimates\ GASB 34 Reports\ Stage 2A\ Village U\ Village U - Tract 3989. xis
CITY OF LATHROP
PROJECT ACCEPTANCE
GASB 34 REPORT)
Submitted by:
Tract No.: River Islands Villaqe U - Tract 3990 ( 24 Lots Item Unit
Driveway Approach EA
4" Sewer Service EA
1- 1/ 2" Water Service EA
Civil Engineering/ Design LS
Surveying/ Staking LS
Joint Trench/ Utilities LS
Plan Check and Inspection Fees LS
Date:
QQt v Unit Price Amount
24 600. 00 14, 400. 00
24 600. 00 14, 400. 00
23 2, 000. 00 46, 000. 00
1 16, 216. 00 16, 216. 00
1 17, 280. 00 17, 280. 00
1 12, 000. 00 12, 000. 00
1 49, 723. 47 49, 723. 47
Total 170, 000. 00
T125500- River Islands Phase 1A\ Estimates\ GASB 34 Reports\ Stage 2A\Village U\ Village U - Tract 3990. xis
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