File #: 16-202    Name: East Garrison Subdivision Phase II Partial Bond Release
Type: General Agenda Item Status: Passed
File created: 2/9/2016 In control: Board of Supervisors
On agenda: 3/1/2016 Final action: 3/1/2016
Title: a. Accept as complete a portion of the East Garrison Subdivision Phase 2 Infrastructure Improvements, including road, drainage, and infrastructure improvements; b. Accept the completed road improvements on Watkins Gate Road and West Camp Street into the County's maintained road system; and c. Approve the release of Monumentation Bond No. 0191744 in the amount of $75,000 related to said improvements in accordance with Government Code section 66497; and d. Approve the reduction of both Faithful Performance and Labor and Material Bond No. 0190352 from $5,569,000 to $520,000 in accordance with Government Code section 66499.7 after the passage of time for recording claims or liens; and e. Accept Maintenance Bond No. 0196965 in the amount of $1,009,800 for the accepted improvements.
Sponsors: Public Works / RMA
Attachments: 1. Board Report, 2. Att. 1 Location Map, 3. Att. 2 Bond Summary, 4. Att. 3a Security Bond for Faithful Performance No. 0190352, 5. Att. 3b Security Bond for Laborers and Materialmen No. 0190352, 6. Att. 4 Maintenance Bond, 7. Att. 5 Engineer's Letter of Completion, 8. Completed Board Order
Title
a. Accept as complete a portion of the East Garrison Subdivision Phase 2 Infrastructure Improvements, including road, drainage, and infrastructure improvements;
b. Accept the completed road improvements on Watkins Gate Road and West Camp Street into the County's maintained road system; and
c. Approve the release of Monumentation Bond No. 0191744 in the amount of $75,000 related to said improvements in accordance with Government Code section 66497; and
d. Approve the reduction of both Faithful Performance and Labor and Material Bond No. 0190352 from $5,569,000 to $520,000 in accordance with Government Code section 66499.7 after the passage of time for recording claims or liens; and
e. Accept Maintenance Bond No. 0196965 in the amount of $1,009,800 for the accepted improvements.

Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Accept as complete a portion of the East Garrison Subdivision Phase 2 Infrastructure Improvements, including road, drainage, and infrastructure improvements;

b. Accept the completed road improvements on Watkins Gate Road and West Camp Street into the County's maintained road system; and

c. Approve the release of Monumentation Bond No. 0191744 in the amount of $75,000 related to said improvements in accordance with Government Code section 66497; and

d. Approve the reduction of both Faithful Performance and Labor and Material Bond No. 0190352 from $5,569,000 to $520,000 in accordance with Government Code section 66499.7 after the passage of time for recording claims or liens; and

e. Accept Maintenance Bond No. 0196965 in the amount of $1,009,800 for the accepted improvements.

SUMMARY
The recommended actions will allow the County to accept as complete the East Garrison Phase 2 infrastructure improvements, accept the improvements to Watkins Gate Road and West Camp Street into the County's maintained road system, and authorize release or reduction of the Subdivider's bonds for t...

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