CITY OF MENIFEE
SUBJECT: Final Map, Agreement, and Bonds for Parcel Map 37624, Heritage Square, by Heritage Square Menifee, LLC
MEETING DATE: December 4, 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 filing of Parcel Map 37624, Heritage Square, by Heritage Square Menifee, LLC, located north of McCall Boulevard and west of Menifee Road; and
2. Approve and authorize the City Manager to execute a subdivision improvement agreement to guarantee completion of required public improvements associated with Parcel Map 37624.
DISCUSSION
Parcel Map 37624 (PM37624), also known as Heritage Square (“Project”), is a proposed subdivision of 8.67 gross acres of land into four lots for commercial purposes. The Project, located north of McCall Boulevard and west of Menifee Road, is the second phase of the McCall Square commercial development. The Parcel Map for Phase 1, PM37624-1, was approved by City Council on May 20, 2020, and recorded on June 11, 2020.
Heritage Square Menifee, LLC, a California Limited Liability Company (“Developer”) is now requesting approval and filing of PM37624 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 24 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 on the following page.
City of Menifee Staff Report
Parcel Map 37624, Heritage Square
December 4, 2024
2 4
6 7
TABLE 1 – PUBLIC IMPROVEMENTS
Improvement Security Faithful Performance Labor & Materials Streets and Drainage 800188654 $ 320,000 $ 160,000
Total $ 320,000 $ 160,000
TABLE 2 – CFD LANDSCAPING
Improvement Security Faithful Performance Labor & Materials Landscape 800188655 $ 59,000 $ 29,500
Total $ 59,000 $ 29,500
TABLE 3 – MONUMENT BOND
Improvement Security Monument Bond
Monuments 800188656 $ 9,720
Total $ 9,720
The total securities required for all improvements have been provided by the Developer in the total amount of $388,720.
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 PM37624. 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 2015- 2 Annexation 35, Zone 35.
ATTACHMENTS
1. Project Map
2. Final Map
3. Agreement
4. Bond - Improvements
5. Bond - Landscape
6. Bond - Monuments