FOR THE COUNCIL MEETING OF OCTOBER 1, 2024
COUNCIL AGENDA REPORT
TO: City Council
FROM: Interim City Manager Alex Posada
BY: Chief Deputy City Clerk Donna G. Schwartz
SUBJECT: Bond Release for Betteravia Plaza, Tract 6008
Description:
The City Council will consider authorizing certain bond releases for Betteravia Plaza, Tract 6008.
Environmental Notice: The activity is not a " Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
RECOMMENDATION:
Council to approve and accept as complete, the public improvements associated with Betteravia Plaza, Tract 6008, and authorize the release of various Faithful Performance Bonds related to this tract.
BACKGROUND:
The Final Map and Agreement for this subdivision were approved by City Council on October 15, 2019.
DISCUSSION:
At the request of the developer, inquiries were sent to the various departments on September 3, 2024, requesting authorization to release
Faithful Performance Bond — Public Improvements [# 30051905] in the original amount of $ 3,602,226.10 posted in the form of a Surety to guarantee the site preparation & Grading/Sanitary Sewers/Water Distribution/Storm Drainage/Roadway/Street Improvements & Utilities; and order that the Labor and Material Bond [# 30051905-B] in the amount of $ 1,801,113.05 and the Guarantee and Defective Material bond [# 30051905-C] in the amount of $ 360,222.61 and the Monumentation bond [# 30051909] in the amount of $ 20,000 be retained for six months and one year and one year respectively, from the date of the release of the Faithful Performance Bond for public improvements. Full release was granted by each department.
Faithful Performance Bond — Landscaping & Irrigation [# 30051906] in the partial 50 percent) amount of $ 598,120. posted in the form of a Surety to guarantee the Attachment A
landscaping and irrigation; and order that the remainder of the bond be released once completed at the authorization of Director of Public Works and Chief Deputy City Clerk. And further order that the Labor and Material Bond [# 30051906-E] in the amount of $ 598,120 and the Guarantee and Defective Material bond 30051906-F] in the amount of $ 119,624 and the Faithful Performance bond for Street Trees [# 30051908] in the amount of $ 96,250.00 be retained for six months and one year and one year respectively, from the date of the full release of the Faithful Performance Bond for landscaping & irrigation. Partial release was granted by each department.
Faithful Performance Bond — Multi - Purpose Trail and Boundary Walls [# 30051907] in the full amount of $ 332,770 posted in the form of a Surety to guarantee the Multi- purpose trail and perimeter wall/fence; and order that the Labor and Material Bond 30051907-I] in the amount of $ 166,385 and the Guarantee and Defective Material bond [# 30051907-J] in the amount of $ 33,277 be retained for six months and one year respectively, from the date of the release of the Faithful Performance Bond for Multi - Purpose Trail and Boundary Walls. Full release was granted by each department.
Faithful Performance Bond — Completion of Subdivision Improvement Plans 30076220] in the full amount of $ 25,000. Full release was granted by each department.
Fiscal Considerations
None.
Impact to the Community
None.
Attachments:
A: Bond Release Authorizations
2 9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety # 30051905
the purpose of guaranteeing the following:
in the amount of $ 3,602,226.10
as accepted by the City Council for
Construction of Public Improvements
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at yourearliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. or
ihm1111bcvelopme -Dep rtment
Please return original.
By: - y 9/R slot/
Signature Date
9/4/2024
P1
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond in the amount of $ 598,120 ( 50% rdction) posted in the form of a Surety
the purpose of guaranteeing the following:
30051906
Landscaping & Irrigation
as accepted by the City Council for
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Comond btvelaPYytt- By: 4/61-rA._ „.....c-- ?/ 61 c2
Deparfinent
1 Signature Date
Please return original.
9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051907
in the amount of $ 332,770
as accepted by the City Council for
Multi - Purpose Trail and Boundary Walls
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above; so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
I the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Comw11 i beve,lI meek By: / 0D - 7/A S %- 2 y
Departthent Signature Date
Please return original.
9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30076220
in the amount of $ 25,000
as accepted by the City Council for
Completion of Subdivision Improvement Plans
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
Il
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Corn NAA,lopmeNic By: / ' 71/2 ' /. 2.
Depar°ment Signature Date
Please return original.
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding
Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051906
in the amount of $ 598,120 ( 50% rdction)
Landscaping & Irrigation
as accepted by the City Council for
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
By
Department signature ate
Please return original.
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by
Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051907
in the amount of $ 332.770
as accepted by the City Council for
Multi - Purpose Trail and Boundary Walls
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
LJ
jj
pm
ik Y
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Please return original.
B
Signature Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051905
in the amount of $ 3,602,226.10
as accepted by the City Council for
Construction of Public improvements
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. f
Department
Please return original.
11 V4
Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30076220
in the amount of $ 25,000
as accepted by the City Council for
Completion of Subdivision Improvement Plans
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Please return original.
9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond in the amount of $ 3,602,226.10 posted in the form of a Surety
the purpose of guaranteeing the following:
30051905 as accepted by the City Council for
Construction of Public Improvements
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. free
Department
Please return original.
By:
Signature Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051906
in the amount of $ 598,120 ( 50% rdction)
Landscaping & Irrigation
as accepted by the City Council for
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS D PARTMENT IS CONCERNED:
F__ the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
F,rtc-- By:
Department
Please return original.
Signature Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding
Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051907
in the amount of $ 332,770
as accepted by the City Council for
Multi - Purpose Trail and Boundary Walls
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS D PARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
B
Department Signature Date
Please return original.
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by
Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30076220
in the amount of $ 25,000
as accepted by the City Council for
Completion of Subdivision Improvement Plans
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS D PARTMENT IS CONCERNED:
1._ the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Department
By: 10- 2D2_11
Signature Date
Please return original.
9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051905
in the amount of $ 3,602,226.10
as accepted by the City Council for
Construction of Public Improvements
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. n
n
JW\LWO(\ikS By: WZD741
Department gnature Date
Please return original.
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30076220
in the amount of $ 25,000
as accepted by the City Council for
Completion of Subdivision Improvement Plans
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. 1),\\L \ I\)0(
Department
Please return original.
By 14
ignature
liTkA/M
Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding
Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051907
in the amount of $ 332,770
as accepted by the City Council for
Multi - Purpose Trail and Boundary Walls
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. gublic, )D(k,
Department
Please return original.
By:
Si. nature Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by
Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety
the purpose of guaranteeing the following:
30051906
in the amount of $ 598,120 ( 50% rdction)
Landscaping & Irrigation
as accepted by the City Council for
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
J9 OMS By:
Department Signature Date
Please return original.
9/4/2024
DATE
9/16/2024
RETURN DEADLINE
TO: Finance
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond in the amount of 3,602,226.10 ', Pw51•c- Sx(Ov£ rr e,Lk-s r (' %', "
posted in the form of a Surety # 30051905' as accepted by the City Council for the purpose of guaranteeing the following:
Construction of Public Improvements
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
u
n
n
the release could be made.
this bond could be reduceco $
hold release because the following items have not been completed.
Department
Please return original.
By: ?/. 1 1/. 2
ign Date
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
711/6 c.
ccp.t /
uY,Jo
v
r.
Suretyposted in the form of a
the purpose of guaranteeing the following:
30051906
in the amount of $ 598,120 ( 50% rdction)
7 c 6 r / 4'41. Lr(A)
as accepted by the City Council for
Landscaping & Irrigation
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed. 11YLfl ti
Department
Please return original.
By
Ignature Data''
9/4/2024
Department
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by
Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding
Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a Surety # 30051907
the purpose of guaranteeing the following:
in the amount of $ 332,770 /
as accepted by the City Council for
Multi - Purpose Trail and Boundary Walls
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Please return original.
By:
DateDate
9/4/2024
DATE
TO: Finance
Public Works/Engineering
Recreation and Parks
9/16/2024
RETURN DEADLINE
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Steven Zimmerman
Palmetto Group, LLC, 16509 Saticoy Street, Van Nuys, CA 91406 regarding Betteravia Plaza, Tract 6008
for the release or reduction of
a Faithful Performance Bond
posted in the form of a
lAilc)6( % NA S L.av) ; N. tr J v(!
Surety # 30076220
the purpose of guaranteeing the following:
in the amount of $ 25,000
as accepted by the City Council for
Completion of Subdivision Improvement Plans
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been completed.
Department
Please return original.
By:
Signature ' Date
COUNCIL AGENDA REPORT
TO: Mayor and City Council
FROM: Donna G. Schwartz, Chief Deputy City Clerk
DATE: April 1, 2025
SUBJECT: Bond Release for Public Improvement Plan Number PIP2022- 0001 Description:
The City Council will consider authorizing the bond release for Public Improvement Plan Number PIP2022- 0001 located at 512 East Chapel Street.
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060( c)(3) no environmental review is required.
RECOMMENDATION:
Accept as complete the public improvements associated with Public Improvement Plan Number PIP2022- 0001 ( Building Permit Number B21- 2165) at 512 East Chapel Street, and authorize the release of Faithful Performance Bond [# 0832197] in the full amount of 151, 822. 25 posted in the form of a surety to guarantee public improvements ; and order that the Labor and Material Bond in the mou nt of $ 75,911. 13 and the Guarantee and Defective Material Bond in the amount of $ 15,182. 23 be retained for six months and one year, respectively, from the date of the release of the Faithful Performance Bond for public improvements.
BACKGROUND:
The Public Improvements as required by the Community Clinic, Building Permit Number B21- 2154, dated June 29, 2022. The public improvements generally consisting of curb, gutter, and sewer as identified on the approved Public Improvement Plans or as directed by the Director of Public Works/ City Engineer.
DISCUSSION:
At the request of the developer, inquiries were sent to various departments on February 12, 2025, requesting authorization to release the Faithful Performance Bond in the original amount of $ 151, 822. 25. Full releases were granted by each department.
ATTACHMENT( S)
A. Bond Release Approvals
Attachment A
regarding
DATE
RETURN DEADLINE
TO: Administrative Services Community Development
Public Works/ Engineering Fire
Recreation and Parks
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/ REDUCTION OF BOND
A request has been made by
for the release or reduction of
in the amount of posted in the form of a
as accepted by the City Council for the purpose
of guaranteeing the following:
Public Improvements as required by Community Clinic ( B21- 2165). Conditions of approval generally consist of curb, gutter, sidewalk, and sewer as identified on the approved Public Improvement Plans or as directed by the Director of Public Works/ City Engineer.
You are hereby requested to check the appropriate box below and return to the the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $____________.
hold release because the following items have not been
completed.
By:
Department Signature Date
Please return original.
3/19/ 2025
3/21/2025
Randy Chall
Towbes Group, 33 East Carrillo, Suite 200, Santa Barbara, 93101 PIP2022- 0001 - 512 East Chapel Street
a Faithful Performance Bond
151, 822. 25 Surety
0832197
2/12/2025
DATE
2/21/2025
RETURN DEADLINE
TO: Administrative Services
6i
Community Development
Public Works/Engineering Fire
Recreation and Parks
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Randy Chall
Towbes Group, 33 East Carrillo, Suite 200, Santa Barbara, 93101 regarding PIP2022-0001 - 512 East Chapel Street
for the release or reduction of
a Faithful Performance Bond
in the amount of $ 151,822.25 posted in the form of a Surety 0832197
of guaranteeing the following:
as accepted by the City Council for the purpose
Public Improvements as required by Community Clinic ( B21-2165). Conditions of approval generally consist of curb, gutter, sidewalk, and sewer as identified on the approved Public Improvement Plans or as directed by the Director of Public Works/City Engineer You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
170
the release could be made.
this bond could be reduced to $
hold release because the following items have not been
completed.
Department
By: Ziozs-
Signature Date
Please return original.
2/12/2025
DATE
2/21/2025
RETURN DEADLINE
TO: Administrative Services
Public Works/Engineering
Recreation and Parks
Community Development
Fire
FROM: City Clerk
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Randy Chall
Towbes Group, 33 East Carrillo, Suite 200, Santa Barbara, 93101 regarding PIP2022-0001 - 512 East Chapel Street
for the release or reduction of
in the amount of $ 65,691.60
0832197
a Faithful Performance Bond
of guaranteeing the following:
posted in the form of a Surety
as accepted by the City Council for the purpose
Public Improvements as required by Community Clinic ( B21-2165). Conditions of approval generally consist of curb, gutter, sidewalk, and sewer as identified on the approved Public Improvement Plans or as directed by the Director of Public Works/City Engineer.
You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the even no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been
completed.
PUIP14. W o r lC-S / 6h9Zqte. ^ y
ecar
By:
Please return original
ctuorf 31 /
7 -6z,5 -
J1_
2/12/2025
DATE
2121/2025
RETURN DEADLINE
TO: Administrative Services
Public Works/Engineering
Recreation and Parks
FROM: City Clerk
Community Development
Fire
SUBJECT: REQUEST FOR RELEASE/REDUCTION OF BOND
A request has been made by Randy Chall
Towbes Group, 33 East Carrillo, Suite 200, Santa Barbara, 93101 regarding PIP2022-0001 - 512 East Chapel Street
for the release or reduction of
a Faithful Performance Bond
in the amount of $ 151,822.25 posted in the form of a Surety 0832197
of guaranteeing the following:
as accepted by the City Council for the purpose
Public Improvements as required by Community Clinic ( B21-2165). Conditions of approval generally consist of curb, gutter, sidewalk, and sewer as identified on the approved Public Improvement Plans or as directed by the Director of Public Works/City Engineer You are hereby requested to check the appropriate box below and return to the City Clerk's Office at your earliest convenience and, in the event no later than the date indicated above, so that this matter may be completed as soon as possible.
AS FAR AS THIS DEPARTMENT IS CONCERNED:
the release could be made.
this bond could be reduced to $
hold release because the following items have not been
completed.
By:
epartMent ature Date
Please return original.