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3 - Reduction of the Faithful Performance Securities associated with a Single-Family Residential Home located at 9525 Goss Road

Victorville City Council
October 15, 2024

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3 - Reduction of the Faithful Performance Securities associated with a Single-Family Residential Home located at 9525 Goss Road
Meeting
October 15, 2024
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Victorville City Council
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Item Number: 3
City Council / Board of Directors
Consent Calendar
Meeting of: October 15, 2024
Submitted By:

Fredy Bonilla, City Engineer

Subject:

Reduction of the Faithful Performance Securities associated with a Single-Family Residential Home located at 9525 Goss Road
Recommendation:

That the Honorable City Council:
(1) Approve an 80% release of Water Faithful Performance Security associated with a Single-Family home located at 9525 Goss Road; and
(2) Accept the completed Water Public Improvements.

Fiscal Impact:

There is no fiscal impact as a result of this action.

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 No. EWTR23-00420 involves a scattered Single-Family Residential Home located within the jurisdiction of San Bernardino County and the Victorville Water District. The developer, Mr. Uriel Lee, was required to install a 356 linear feet water main extension on Goss Road to enable the Victorville Water District to provide water services. As part of this public improvement, the developer provided bonds as security for the Water Public Improvement.

Discussion:

The Developer has completed the Water Public Improvements for Case No EWTR23- 00420. Therefore, staff recommends that the City Council approve an 80% reduction in 3 8
1 5
the Faithful Performance Securities in accordance with Victorville Municipal Code (VMC) Section 17.64.070(1) and accept the completed Water Public Improvements. The remaining 20% of the Faithful Performance Security will be held for the one-year warranty period as stipulated in VMC Section 17.64.070(4).

Staff is available for any questions Council may have.

Attachments: A. Vicinity Map
B. Securities Table
C. Existing Securities

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