Loading...
HomeMy WebLinkAboutTurnberry Huntington Beach, LLC - Release Guarantee & Warranis .7 CITY OF HUNTINGTON BEACH 2000 MAIN STREET November 30, 2001 Turnberry Huntington Beach, LLC 181 Old Springs Road Anaheim Hills, CA 92808 OFFICE OF THE CITY CLERK CONNIE BROCKWAY CITY CLERK CALIFORNIA 92648 Re: Release of the Guarantee and Warranty Bond for Tract Nos. 15037, 15081 & 15085 Please be advised that on Monday, November 19, 2001 the City Council of the City of Huntington Beach took the following action; (City Council) Approved the Release of the Guarantee and Warranty Bonds (Maintenance Bonds) for Tracts No. 15037, 15081 and 15085—Turnberry Huntington Beach, LLC — s/s Summit Drive, e/o Seapoint Avenue — (Holly-Seacliff Specific Plan) (420.60) —1. Released Maintenance Bonds No. 3 SM 984 206 00, 3 SM 984 208 00 and 3 SM 984 207 00 the security furnished for guarantee and warranty of improvements (American Motorists Insurance Co.); and 2. Instructed the City Clerk to notify the developer, Turnberry Huntington Beach, LLC, of this action, and the City Treasurer to notify the Surety, American Motorists Insurance Company, of this action. Sincerely, Connie Brockway, CIVIC City Clerk CB:jh g:/followup/tract/release bonds for tract-letter.doc 1 Telephone: 714-536-5227 ) STY OF HUNTINGTON BEA* MEETING DATE: November 19, 2001 DEPARTMENT ID - T -eW-D1 1. pf'��l 3ER: PW 04'" �� Council/Agency Meeting Held: Deferred/Continued to: A proved Conditio Ily Approved ❑ Denied' Clerk' ignature Co ncil Meeting Date: November 19, 2001 Department ID Number: PW 01-142 CITY OF HUNTINGTON BEACH N REQUEST FOR COUNCIL ACTION Q _- SUBMITTED TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS �M SUBMITTED BY: RAY SILVER, City Administrators , PREPARED BYITAobert F. Beardsley, Director of Public Works N r' -co n SUBJECT: Approve the Release of the Guarantee and Warranty Bonds for Tracts No. 15085, 15081 & 15037 Statement of Issue, Funding Source, Recommended Action, Alternative Action(s), Analysis, Environmental Status, Attachment(s) Statement of Issue: Sufficient time has elapsed since the acceptance of improvements for Tracts No. 15085, 15081 & 15037 located south side of Summit Drive, east of Seapoint Avenue. The Guarantee and Warranty Bonds provided by the developer, Turnberry Huntington Beach, LLC, as the security furnished for guarantee and warranty of improvements are eligible for release. Funding Source: Not applicable. Recommended Action: Motion to: 1. Release Maintenance Bonds No. 3 SM 984 206 00, 3 SM 984 208 00 & 3 SM 984 207 00 the security furnished for guarantee and warranty of improvements; and 2. Instruct the City Clerk to notify the developer,Turnberry Huntington Beach, LLC, of this action, and the City Treasurer to notify the Surety, American Motorists Insurance Company, of this action. Alternative Action(s): Deny the recommended action. Analysis: The City . Council, on September 5, 2000, accepted the improvements constructed and dedicated for public use within Tracts No. 15085, 15081 & 15037 and accepted Maintenance Bonds No. 3 SM 984 206 00, 3 SM 984 208 00 & 3 SM 984 207 00; 01-142 Nov 19 Elliott (Tracts 15085, 15081, 15037 Bond Exoneration) -2- 11/6/01 5:58 PM *QUEST FOR COUNCIL AC7& 0 MEETING DATE: November 19, 2001 DEPARTMENT -ID NUMBER: PW 01-142 the security furnished for guarantee and warranty of improvements. California Government Code Section 66499.3(d) requires that security for the guarantee and warranty of the improvements be posted upon acceptance of the public improvements, and that the security remain in effect for a period of not less than one year. Public improvements constructed consist of the domestic water system and appurtenances within the private streets. The required time period has elapsed and the City Engineer has determined that the improvements have been constructed in substantial compliance with the approved plans and specifications, and recommends release of the security. Following is a list of project data: Developer: Turnberry Huntington Beach, LLC, 181 Old Springs Road, Anaheim Hills, California 92808 Engineer: Walden & Associates, 18012 Cowan, Suite 210, Irvine, California 92714 Title Co.: First American Title Co., 114 E. 51" Street, Santa Ana, California 92702 Surety: American Motorists Insurance Company, c/o Lou Jones & Associates, P.O. Box 41375, Los Angeles, California 90041 Location: South side of Summit Drive, East of Seapoint Avenue Lots: 22 numbered lots, 3 lettered lots Acreage: Tr #15085, 8.627; Tr#15081, 11.703; Tr#15037, 7.401 Zone: Holly-Seacliff Specific Plan Environmental Status: This recommended action to release the security is a ministerial act and is exempt from the requirements of the California Environmental Quality Act, pursuant to State CEQA Guidelines, California Admininstrative Code, Title 14, Chapter 3, Section 15268(b). Attachment(s): RCA Author: T. Elliott:jm 01-142 Nov 19 Elliott (Tracts 15085, 15081, 15037 Bond Exoneration) -3- 11/8/01 7:38 AM • • ATTACHMENT 1 % I X i. to lo, SO to 61? 11, • - sacurr EACLlrF GOLF COURSEGOLSF COURSE __ llrD _ _ A T 15037 TRACT 15085 to If ./I • x o If. CT 15081::�� 'a. N `IA In s... --l- 3. to sm, Is Sc*AlFF G" COURSE WIT LQCATI0N. MAP 4-F-; V —I' 0 RCA OUTING ?HEET INITIATING DEPARTMENT: Public Works SUBJECT: Approve the Release of the Guarantee and Warranty Bonds for Tracts No. 15085, 15081 & 15037 COUNCIL MEETING DATE:j November 19, 2001 -- RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Not Applicable Resolution (w/exhibits & legislative draft if applicable) Not Applicable Tract Map, Location Map and/or other Exhibits Attached Contract/Agreement (w/exhibits if applicable) (Signed in full by the CityAttorne) Not Applicable Subleases, Third Party Agreements, etc. (Approved as to form by City Attorney) Not Applicable Certificates of Insurance (Approved by the City Attorney) Not Applicable Financial Impact Statement (Unbudget, over $5,000) Not Applicable Bonds (If applicable) Not Applicable Staff Report (If applicable) Not Applicable Commission, Board or Committee Report (If applicable) Not Applicable Findings/Conditions for Approval and/or Denial Not Applicable EXPLANATION FOR MISSING ATTACHMENTS EXPLANATION FOR.RETURN OF ITEM.