County of Monterey - File #: 14-262

• File #: 14-262
• Type: General Agenda Item
• Status: Passed
• File created: 3/19/2014
• In control: Board of Supervisors
• On agenda: 4/8/2014
• Final action: 4/8/2014
• Title: a. Accept the Axtell Street Properties Improvement Plans (PLN080039) as complete; b. Approve the release of the Performance Bonds, No. 105557088 in the amount of $277,312.42 and No. 105557089 in the amount of $99,838.75 for Axtell Street Properties Improvement Plans; c. Approve the release of Payment Bonds, No. 105557088 in the amount of $126,051.10 and No. 105557089 in the amount of $45,381.25 for Axtell Street Properties Improvement Plans in 90 days in accordance with Government Code Section 66499.7 after the passage of time for recording claims or liens; and d. Delegate authority to the Director of Public Works to release the Maintenance Bonds in one year upon determination that the improvements are functioning as intended.

Date	Action By	Action	Result
4/8/2014	Board of Supervisors	approved

Title
a. Accept the Axtell Street Properties Improvement Plans (PLN080039) as complete;
b. Approve the release of the Performance Bonds, No. 105557088 in the amount of $277,312.42 and No. 105557089 in the amount of $99,838.75 for Axtell Street Properties Improvement Plans;
c. Approve the release of Payment Bonds, No. 105557088 in the amount of $126,051.10 and No. 105557089 in the amount of $45,381.25 for Axtell Street Properties Improvement Plans in 90 days in accordance with Government Code Section 66499.7 after the passage of time for recording claims or liens; and
d. Delegate authority to the Director of Public Works to release the Maintenance Bonds in one year upon determination that the improvements are functioning as intended.

Report
RECOMMENDATION:
a. Accept the Axtell Street Properties Improvement Plans (PLN080039) as complete;

b. Approve the release of the Performance Bonds, No. 105557088 in the amount of $277,312.42 and No. 105557089 in the amount of $99,838.75 for Axtell Street Properties Improvement Plans;

c. Approve the release of Payment Bonds, No. 105557088 in the amount of $126,051.10 and No. 105557089 in the amount of $45,381.25 for Axtell Street Properties Improvement Plans in 90 days in accordance with Government Code Section 66499.7 after the passage of time for recording claims or liens; and

d. Delegate authority to the Director of Public Works to release the Maintenance Bonds in one year upon determination that the improvements are functioning as intended.

SUMMARY/DISCUSSION:
On July 12, 2011, the Board of Supervisors approved the Final Map and Subdivision Improvement Agreement for the Axtell Street Properties Improvement Plans (Attachment A). The subdivider has fulfilled the conditions of the Subdivision Improvement Agreement, and the subdivider's consulting engineer, LandSet Engineers, Inc. has inspected the improvements and certified their completion as to conformance with the approved plans (Attachment B). Th...