COUNCIL AGENDA REPORT
TO: Mayor and City Council
FROM: Donna G. Schwartz, Chief Deputy City Clerk
DATE: November 18, 2025
SUBJECT: Bond Release for Northman Residential, Tract 6018
Description:
The City Council will consider authorizing the release of certain bonds in connection with Northman Residential, Tract 6018.
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:
City Council to approve the release of certain bonds in connection with Northman Residential, Tract 6018.
BACKGROUND:
The Final Map and Subdivision Agreement for Tract 6018 were approved by the City Council on November 15, 2022. Subsequent Council actions on January 21, 20225, approved the reduction of the Faithful Performance Bond – Public Improvements and Faithful Performance Bond – Landscaping & Irrigation by 50 percent.
DISCUSSION:
At the request of the developer, inquiries were sent to various departments on October 21, 2025. Full releases were granted by each department. Staff requests City Council approval to authorize the release of the following bonds at this time:
1.) Faithful Performance Bond – Public Improvements [#4457483] in the full remaining amount of $992,954.32 posted in the form of a surety; and order that the Labor and Material Bond in the amount of $992,954.33 and the Guarantee and Defective Material Bond in the amount of $198,590.87 be retained for six months and one year, respectively, from the date of the release of the Faithful Performance Bond; and
2.) Faithful Performance Bond – Landscaping & Irrig ation [#4457484] in the full remaining amount of $263,700.50 posted in the form of a surety; and order that the Labor and Material Bond in the amount of $263,700.50 and the Guarantee and Defective Material Bond in the amount of $52,740.10 be retained for s ix months and one year, respectively, from the date of the release of the Faithful Performance Bond; and
2 3.) Monumentation Bond [#4457485] in the full amount of $25,000 be retained for one year from the date of the release of the Faithful Performance Bond for Public Improvements; and
4.) Faithful Performance Bond – Street Trees [#4457486] in the full amount of $19,525 be retained for one year from the date of the release of the Faithful Performance Bond for Landscaping & Irrigation.