Item Number: {{item.number}}
City Council / Board of Directors
Consent Calendar
Meeting of: October 1, 2024
Submitted By:
Fredy Bonilla, City Engineer
Subject:
Reduction of Securities for street improvements associated with a fueling station located at the northwest corner of Bear Valley Road and Tamarisk Road Recommendation:
That the Honorable City Council approve the full release of the Faithful Performance Security for street improvements associated with a fueling station located at the northwest corner of Bear Valley Road and Tamarisk Road.
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.
During the regular City Council meeting held on August 15, 2023, the City Council approved an 80% reduction in the Street Faithful Performance Security. Additionally, they 3 8
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accepted the recently completed street improvements for case Nos. BLDC21- 00070/EROW21-00182.
Discussion:
Per Victorville Municipal Code Section 17.64.070(4), the remaining 20% of the Faithful Performance security are to be held for a one-year warranty period. Therefore, staff recommends the full release of the Street Public Improvements Faithful Performance securities due to the acceptance taking place at the August 15, 2023, regular City Council meeting and there are no open warranty items.
Staff is available to answer any questions Council may have.
Attachments: A. Vicinity Map
B. Securities Table
C. Existing Securities