CITY OF MENIFEE
SUBJECT: Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
MEETING DATE: February 21, 2024
TO: Mayor and City Council
PREPARED BY: Chet Robinson, Principal Engineer
REVIEWED BY: Nick Fidler, Public Works Director
APPROVED BY: Armando G. Villa, City Manager
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RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
DISCUSSION
Menifee Union School District (MUSD) is constructing street, drainage, water, recycled water and sewer system improvements to their property frontage adjacent to Elementary School No. 15 (“Project”). The new school is currently under construction and the public improvements are required to provide access to the site. The Project is located on the north side of Wickerd Road, west of Briggs Road as shown on the attached project map.
MUSD has requested the approval of Public Improvement Agreements (“PIAs”) as required by the City’s Municipal Code. The PIAs require that improvement securities are posted to guarantee the completion of the required improvements within 24 months from the City Council approval date of the agreements.
These public offsite improvements were originally bonded in conjunction with the construction of the school by the construction management company, C.W. Driver, LLC, a California Limited Liability Company (C.W. Driver). Because securities for the offsite public improvements are included within established securities, the City, MUSD, and C.W. Driver had previously executed the attached Dual Obligee Rider to add the City of Menifee as an additional obligee to the securities.
City of Menifee Staff Report
Elementary School No. 15 Improvements
February 21, 2024
2 0
0 5
Staff has reviewed the Developer’s request and determined that the PIAs meet the requirements of the City’s Municipal Code. A summary of the security amounts established to guarantee the public improvements portion of the Project are shown in Table 1 below.
Table 1- Public Improvement Security
Improvement Security Faithful
Performance
Labor & Materials
Streets / Drainage Dual Obligee Rider $ 821,000 $ 410,500 Water System Dual Obligee Rider $ 271,500 $ 135,750
Recycled Water
System
Dual Obligee Rider $ 33,500 $ 16,750
Sewer System Dual Obligee Rider $ 6,000 $ 3,000 Total $ 1,132,000 $ 566,000
STRATEGIC PLAN OBJECTIVE
Safe and Vibrant Community
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ATTACHMENTS
1. Project Map
2. Agreement – Streets and Drainage
3. Agreement – Water System
4. Agreement – Recycled Water System
5. Agreement – Sewer System
6. Bond – Dual Obligee Rider