CITY OF MENIFEE
SUBJECT: Public Improvement Acceptance and 90% Release of Security for Tract Map 32628, Adler Ranch, by FPG Tricon Menifee Property, LLC
MEETING DATE: January 21, 2026
TO: Mayor and City Council
PREPARED BY: Crystal Nguyen, Senior Engineer
REVIEWED BY: Nick Fidler, Public Works Director
APPROVED BY: Armando G. Villa, City Manager
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RECOMMENDED ACTION
1. Accept the public improvements for landscape for Tract Map 32628, Adler Ranch, located at the southeast corner of the intersection of Antelope Road and Craig Avenue; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
DISCUSSION
FPG Tricon Menifee Property, LLC (Developer) is the developer of Adler Ranch (Project), a subdivision of 29.29 gross acres of land into five total lots for multi-family use. The Project is located at the southeast corner of the intersection of Antelope Road and Craig Avenue.
The Developer has now completed the construction and maintenance period for the landscaping and is requesting acceptance of the completed improvements into the City’s maintenance system.
Staff have inspected the completed improvements, determined that the improvements have been constructed in accordance with City specifications and standards, and verified that all project conditions of approval have been met to release the faithful performance security and labor and materials security in accordance with City policy.
A 10% warranty security would be held for a period of one year in accordance with the City Municipal Code. The original posted securities for the improvements are listed in Table 1 on the following page.
City of Menifee Staff Report
Landscape Improvement Acceptance TM 32628
January 21, 2026
3 0
9 4
TABLE 1 - ORIGINAL POSTED SECURITY IMPROVEMENTS
Improvement Security No.
Performance /
Material
Faithful
Performance
Material and
Labor
Landscaping (IP22-029) K41598931 $364,000 $182,000
Total $364,000 $182,000
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 and deposits to cover the costs of the required inspection of the completed improvements. Ongoing maintenance costs for the improvements would be supported through approved Fiscal Year 2025/2026 operating budgets in Community Facilities District (CFD) 2017- 1 Zone 14.
ATTACHMENTS
1. Project Map
2. Agreement
3. Bond