CITY OF MENIFEE
SUBJECT: Final Map, Agreement, and Bonds for Tract Map 37408-3, Legado, by Lennar Homes of California, LLC
MEETING DATE: November 6, 2024
TO: Mayor and City Council
PREPARED BY: Amanda Backlund, Assistant 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 filing of final map for Tract Map 37408-3, Legado, by Lennar Homes of California, LLC, located south of Rouse Road and north of Chambers Ave; and
2. Approve and authorize the City Manager to execute a Subdivision Improvement Agreement to guarantee the completion of required public improvements associated with Tract Map 37408-3.
DISCUSSION
Tract Map 37391, also known as Legado (“Development”), is an approved subdivision that consists of 331 gross acres of land to be subdivided into 18 lots for residential, commercial, and park use, and 28 lots for roads and utilities. TM 37391 was recorded to establish the Development’s planning areas to be further subdivided in the future. The Development is located east of Encanto Drive, south of Rouse Road, west of Antelope Road, and north of Chambers Avenue.
In 2024, Lennar Homes of California, LLC. (“Developer”) purchased the first phase of the Development, entered into improvement agreements with the City for construction of backbone infrastructure, and began preparing four tract maps within Phase 1 (“Project”). Tract Map 37408- 3 (TM37408-3), the third of the four Project maps, is a proposed subdivision of 45.88 gross acres of land into 115 single-family residential lots and a water quality/detention basin. TM37408-3 is located east of the I-215 Freeway, south of Rouse Road, and north of Chambers Avenue. The final filing of maps TM37408-1, -2, and -4 have been provided as separate agenda items for City Council consideration.
City of Menifee Staff Report
Final Map 37408-3, Legado
November 6, 2024
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The Developer is now requesting approval and filing of the final map for TM37408-3 and approval of the associated Subdivision Improvement Agreement (“SIA”) as required by the Project’s conditions of approval. The SIA requires that improvement securities are posted to guarantee the completion of the required onsite and offsite improvements. The SIA requires that public improvements be completed within 12 months from the date of City Council approval.
Staff has reviewed the Developer’s request and determined that the SIA meets the requirements of the Project’s conditions of approval. A summary of the bonds being posted to guarantee the required improvements are shown in the tables below.
TABLE 1 – ONSITE PUBLIC IMPROVEMENTS
Improvement Security Faithful Performance Labor & Materials Streets and Drainage 1109178 $ 1,802,000 $ 901,000
Water System 1109178 $ 357,500 $ 178,750
Sewer System 1109178 $ 392,500 $ 196,250
Total $ 2,552,000 $ 1,276,000
TABLE 2 – MONUMENT IMPROVEMENTS
Improvement Security
Survey Monuments 0809131 $ 131,400
Total $ 131,400
The total securities required for all improvements have been provided by the Developer in the total amount of $2,683,400.
STRATEGIC PLAN OBJECTIVE
Safe and Vibrant Community
FISCAL IMPACT
There is no fiscal impact associated with the recommended action. The Developer has paid all necessary fees associated with review of TM37408-3. Upon completion of the improvements, and subsequent acceptance by the City, ongoing maintenance costs for the improvements would be supported through future fiscal year budgets in maintenance Community Facilities District 2017- 1 Annexation 12, Zone 12.
ATTACHMENTS
1. Legado Site Map
2. Project Site Map
3. Final Map
4. Agreement
5. Bond – Improvements
6. Bond – Monuments