Item Number: 13
City Council / Board of Directors
Consent Calendar
Meeting of: December 17, 2024
Submitted By:
Fredy Bonilla, City Engineer
Subject:
Reduction of Securities for Tract Map No. 16507
Recommendation:
That the Honorable City Council;
(1) Approve the full release of the Monumentation Faithful Performance Security for Tract Map No.16507; and
(2) The release of the Subdivision Improvement Agreement for Tract Map No. 16507.
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:
Richmond American Homes of Maryland, Inc. (Richmond) purchased Tract Map No. 16507 (Tract 16507) from RY Properties in 2020. Tract 16507 encompasses 119-lots within a residential subdivision located at the southwest corner of Mesa View Drive and Luna Road. At the time of acquisition by Richmond, the tract was partially developed, with 61-lots remaining undeveloped. The conditions of approval for the tract required the developer to finalize various infrastructure components; those components being Monumentation, Water, Sewer, Drainage, and Street Improvements. Subsequently, on April 7, 2020, the City Council approved a Subdivision Improvement Agreement (SIA) with Richmond. This agreement outlined the responsibilities and obligations for the completion of Tract 16507. At the November 7, 2023, regular City Council Meeting, the 3 8
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City Council accepted the Water, Sewer, Drainage, and Street Improvements for Tract 16507.
Discussion:
Monumentation of a tract is the process of placing markers on a surveyed area of land to determine the boundaries of the tract. Monumentation also includes the points of street centerline and right-of-way intersections, the beginning and end of curves, and lot/parcel corners. Richmond has requested the release of the monumentation security for Tract 16507. The engineer of record for Tract 16507 has completed the required monumentation and has received full payment from Richmond. Therefore, it is recommended that the monumentation security be released in its entirety at this time.
Additionally, as all improvements have been completed and accepted by the City Council, staff recommends the release of the Subdivision Improvement Agreement for Tract Map No. 16507.
Staff remains available to answer any questions Council may have.
Attachments: A. Vicinity Map
B. Securities Table
C. Existing Securities
D. Release of Subdivision Improvement Agreement
E. Existing Subdivision Improvement Agreement