Item Number: 9
City Council / Board of Directors
Consent Calendar
Meeting of: February 18, 2025
Submitted By:
Fredy Bonilla, City Engineer
Subject:
Security Substitution for Tract Map No. 17292-1
Recommendation:
That the Honorable City Council:
(1) Approve the execution of a Subdivision Improvement Agreement with Richmond American Homes of Maryland, Inc., for Tract Map No. 17292-1; (2) Accept new securities (bonds) for the required public improvements for Tract Map No. 17292-1;
(3) Approve the execution of a Release of the existing Subdivision Agreement with Trimark Pacific-Olivine, LLC., for Tract Map No. 17292-1; (4) Approve the execution of a Release of the existing Land Division Improvement Construction Agreement with Trimark Pacific-Olivine, LLC., for Tract Map No. 17292-1; and
(5) Approve the execution of a Release of the existing Utility Surety Agreement with Trimark Pacific-Olivine, LLC., for Tract Map No. 17292-1.
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:
Tract Map No. 17292-1 (hereinafter called Tract 17292-1) is a residential subdivision of 122 single-family lots, located at the southeast corner of Mesa View Drive and Olivine Road, please see Attachment A, Vicinity Map. In 2007, Trimark Pacific-Olivine, LLC., a 3 9
7 5
California Limited Liability Company, as the property owner recorded the map after providing a subdivision improvement agreement secured by a lien agreement as security for the required public improvements, and utility surety agreements for the tract. Trimark Pacific-Olivine, LLC., constructed some of the public improvements, but no homes were constructed within the tract, as construction stopped when the Great Recession affected the residential market. Now, Richmond American Homes of Maryland, Inc., is the current owner of all the undeveloped lots in Tract 17292-1.
Discussion:
As a result of this purchase, Richmond American Homes of Maryland, Inc., is required to enter into a Subdivision Improvement Agreement (SIA) and to provide substitute securities in accordance with Victorville Municipal Code §17.64.060. Upon receipt of the new securities, the existing subdivision improvement agreement, lien agreement, land division improvement construction agreement, and utility surety agreement can be released. The new SIA and securities are mandatory for the required public improvements which include the following:
•Water
•Sewer
•Landscaping and irrigation (LMAD) improvements along Mesa View Drive and Olivine Road
•Street improvements for the tract interior and the perimeter roads of Mesa View Drive and Olivine Road
Staff is available for any questions Council may have.
Attachments: A. Vicinity Map
B. New Subdivision Improvement Agreement
C. New Securities
D. Existing Subdivision Agreement
E. Release of Subdivision Agreement
F. Existing Land Division Improvement Construction Agreement G. Satisfaction and Release of Land Division Construction Improvement Agreement
H. Existing Utility Surety Agreement
I. Satisfaction and Release of Utility Surety Agreement