Item Number: 9
City Council / Board of Directors
Consent Calendar
Meeting of: March 5, 2024
Submitted By:
Fredy Bonilla, City Engineer
Subject:
Reduction of Securities for Case Nos. BLDC21-00070/EROW21-00182 Recommendation:
That the Honorable City Council approve the full release of the Labor & Materials Security for case Nos. BLDC21-00070/EROW21-00182.
Fiscal Impact:
There is no fiscal impact associated with this item.
Strategic Plan Goal:
This item aligns with “Goal E Invest in Infrastructure” in the City of Victorville Strategic Plan 2023-2026. Although this is not a Capital Improvement Project, we apply the same strategy to private development projects as they are essential in meeting the community’s needs.
Background:
Case Nos. BLDC21-00070/EROW21-00182 are for a fueling station with a convenience store and carwash located at the northwest corner of Bear Valley Road and Tamarisk Road. The Developer, Boos - UP Bear Valley, LLC., was required to complete street improvements per the conditions of approval. As a public improvement, the Developer provided bonds as security for the required pavement widening, curb & gutter and sidewalk construction on Tamarisk Road, and a traffic signal modification at the intersection.
Discussion:
At the August 15, 2023, City Council meeting, an 80-percent release of the street Faithful Performance security was approved, and the improvements were accepted by the City Council.
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At this time, a full release of the street Labor & Materials security is recommended for case Nos. BLDC21-00070/EROW21-00182, per Victorville Municipal Code Section
17.64.070(4).
Staff is available to answer any questions Council may have.
Attachments: A. Vicinity Map
B. Security Tables
C. Existing Securities