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HomeMy WebLinkAboutApprove and Accept the Public Improvements, Release Sureties RECEIVED BY: CITY CLERK RECEIPT COPY t .K r( A h M'1 Return DUPLICATE to City Clerk's Office (Name) after signing/dating S/ I / I h (Date) ', , Q CITY OF HUNTINGTON BEACH INTERDEPARTMENTAL COMMUNICATION TO: City Treasurer FROM: City Clerk DATE: SUBJECT: Bond Acceptance I have received the bonds for _ (Company Name) CAPITAL PROJECTS (Includes CC's and MSC's) Performance Bond No. Payment Bond (Labor and Materials) Bond No. Warranty or Maintenance Bond No. TRACT AND DEVELOPMENT Faithful Performance Bond No. Labor and Material Bond No. , I Guarantee and Warranty Bond No. L1 ;�' LI 1YV Monument Bond No. Franchise Bond No. Letter of Credit Bond No. Other Re: Tract No. Approved y/2 t l 7(2J40 (Council Approval Date) CC No. Agenda Item No. ? 2 ( f._ti7 /VG) MSC No. City Clerk Vault No. : v Other No. SIRE System ID No. h ILl� g:/forms/bond transmittal to treasurer 2000 Main Street, ... r �NtiNGT Huntington Beach,CA °F�t�wa4dR.A e ° 92648 City of Huntington Beach APPROVED 7-0 coUNTY�P�✓" File #: 26-266 MEETING DATE: 4/21/2026 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Travis Hopkins, City Manager VIA: Chau Vu, Director of Public Works PREPARED BY: Steve Bogart, Acting Principal Civil Engineer Subject: Approve and Accept the Public Improvements, Release Sureties, and Accept Guarantee and Warranty Bond for the Holly Triangle Residential Project (Tract 19118) Statement of Issue: Bonanni Development Company IV, LLC, the Developer of Tract 19118, has completed construction of all required public improvements and is now eligible for the release of sureties and bonds in accordance with the provisions of the Subdivision Map Act. Financial Impact: No funding is required for this action. Recommended Action: A) Accept the improvements constructed and dedicated for public use with Tract 19118, and instruct the City Clerk to record the Notice of Acceptance of Public Improvements (Attachment 2) with the Orange County Recorder; and, B) Accept Guarantee and Warranty Bond No. 4470394W (Attachment 3), the surety furnished for guarantee and warranty of public improvements, and instruct the City Clerk to file the bond with the City Treasurer; and, C) Release Faithful Performance Bond No. 4470394, Labor and Material Bond No. 4470394, and Monument Bond No. 4470395; and, D) Instruct the City Clerk to notify the developer, Bonanni Development Company IV, of this action, and the City Treasurer to notify the surety, SureTec Insurance Company, of this action. Alternative Action(s): City of Huntington Beach Page 1 of 3 Printed on 4/15/2026 powered by LegistarT'" 341 File #: 26-266 MEETING DATE: 4/21/2026 Deny the recommended actions. Denying the recommended actions may result in non-compliance with the Subdivision Map Act. Specifically, Section 66499.9 of the California Government Code requires a guarantee and warranty of the public improvements for a period of one year following completion and acceptance, covering any defective work, labor or materials furnished. Denying acceptance of the Guarantee and Warranty Bond could place an undue burden and additional costs on the City to correct any defective work, labor, or materials provided by the subdivider. Analysis: On May 24, 2022, the Planning Commission approved Tentative Tract Map No. 19118 to consolidate 12 lots into a 1.80 net-acre lot for condominium purposes. The Planning Commission also approved General Plan Amendment No. 20-003, Zoning Text Amendment No. 20-003, and Conditional Use Permit No. 20-025 for the construction of 35 three-story attached townhomes as part of the proposed project. Subsequently, on February 20, 2024, the City Council approved Final Tract Map No. 19118, authorized execution of the Subdivision Agreement between the City of Huntington Beach and Bonanni Development Company IV, LLC, and accepted the required Faithful Performance Bond, Labor and Material Bond, and Monument Bond for the project. The developer has now completed all required public improvements and is requesting release of the aforementioned sureties pursuant to California Government Code Section 66499.7(a). The constructed public improvements include curb, gutter, and sidewalk along the project's perimeter public streets (Holly Lane, Garfield Avenue and Main Street), as well as public water and sewer connections to the existing mains within Holly Lane. The City Engineer has determined that the public improvements have been constructed in substantial compliance with the approved plans and specifications and recommends acceptance of these improvements. Pursuant to the project's conditions of approval, Bonanni Development Company IV, LLC has provided Guarantee and Warranty Bond No. 4470394W as a surety for the one-year warranty period for the public improvements and is now requesting acceptance of this bond. Project Data Developer: Bonanni Development Company IV, LLC Attention: Ed Bonanni 15132 Bolsa Chica Street, Huntington Beach, CA 92649 Surveyor: Jeffrey A. Walden, Walden & Associates, 2252 White Road, Suite B, Irvine, CA 92614 Surety: SureTec Insurance Company, 2103 City West Blvd., Suite 1300, Houston, TX 77042 Attn: Melissa DeKoven c/o Corporation Service Company, 2710 Gateway Oaks Drive, Suite 150N, Sacramento, CA 95833-3505 (888) 690-2882 Location: 19070 Holly Lane (east side of Holly Lane, between Garfield Avenue and Main Street) Environmental Status: City of Huntington Beach Page 2 of 3 Printed on 4/15/2026 powered by LegistarT^' 342 File #: 26-266 MEETING DATE: 4/21/2026 Pursuant to CEQA Guidelines Section 15378(b)(5), administrative activities of governments that will not result in direct or indirect physical changes in the environment do not constitute a project. Strategic Plan Goal: Non Applicable -Administrative Item Attachment(s): 1. Location Map 2. Acceptance of Public Improvements 3. Guarantee and Warranty Bond 4. PowerPoint Presentation City of Huntington Beach Page 3 of 3 Printed on 4/15/2026 powered by LegistarT" 343 LOCATION MAP eO S. N N N N \' Mc AMEN VE. \ ��,/ / 3EDINGE≤■ ■ c, AVE. \\ .,o,.� / q� ``��'1/1r s+ < B < x AVE.al� `\u S s b E \ HAROLD PL. FA ≤ a� WARNER $ vE. ■ . en .97- \ SLATER ■AVE. /, �� I 1 / 405 / cc o 1 `I A TALBERT■AVE./ r PACIFIC '4 \ 8 GARFIELD AVE ELLIS VD I GAR BCD \ AVE.. _ I �/ jj d I v iti 2 d "�� o o / �: ` •-; Z / T.WTIAYE. 1 ; N SITE CJ <n 3 °�s.�< 'I AOA1:4, ■AVE. ■N � \ CLAY AVE jJ 4 TLANTA i AVE. - �` N _ 4' per . LI = HAM LION AVE. ``�,��_, \` Q OCEAN N yfLj. BANN NG ati N VICINITY MAP LOCATION MAP N.T.S. N.T.S. 344 Recorded in Official Records, Orange County Hugh Nguyen,Clerk-Recorder 111111111 III 11111111111 NO FEE * $ R 0 0 1 6 1 8 0 7 3 5 $ * Recording requested by, 2026000115797 03:45 pm 04/22/26 and when recorded return to: 513 Ex12A A04 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Lisa Lane Barnes,City Clerk Office of the City Clerk CITY OF HUNTINGTON BEACH P.O.Box 190-2000 Main Street Huntington Beach,Ca.92648 (Space above this line for Recorder's use only) ACCEPTANCE OF PUBLIC IMPROVEMENTS (Huntington Beach Zoning and Subdivision Ordinance Section 255.22) PLEASE TAKE NOTICE THAT, on March 18, 2026, the City Engineer considered the subdivision improvements described below, and found them to have been completed satisfactory and accepted, as limited by Huntington Beach Zoning and Subdivision Ordinance Section 255.22(A), the improvements for public use. Further,the public improvements for the subdivision(s)have been dedicated to the City of Huntington Beach, as described on Final Tract Map No. 19118. Public improvements constructed consist of: a. Curb, gutter,and sidewalk along the project's perimeter public streets(Holly Lane, Garfield Avenue and Main Street); and, b. New public water and sewer connections to the existing public mains within Holly Lane per the approved Improvement Plans for this Tract. The Foregoing instrument is the City Clerk's Original Document Reflecting City Council Action taken at the April 21,2026 City Council Meeting Submitted for Recordation by the Orange County Recorder. Attest Ax1 l 22, ,2026 City Clerk and Ex-officio Clerk o ity Council of the City of Huntington Beach,California By DDrwL. ►%tzP,i;' Seri w bepu CITY OF HUNTIN TON BEACH This document is solely for the official business of the City of Huntington Beach, as contemplated under Government Code Sec.27383 and shaves recorded free :Acting City ngineer of charge. Joseph Fuentes Recording requested by, and when recorded return to: Lisa Lane Barnes,City Clerk Office of the City Clerk CITY OF HUNTINGTON BEACH P.O.Box 190-2000 Main Street Huntington Beach,Ca.92648 (Space above this line for Recorder's use only) ACCEPTANCE OF PUBLIC IMPROVEMENTS (Huntington Beach Zoning and Subdivision Ordinance Section 255.22) PLEASE TAKE NOTICE THAT, on March 18, 2026, the City Engineer considered the subdivision improvements described below, and found them to have been completed satisfactory and accepted, as limited by Huntington Beach Zoning and Subdivision Ordinance Section 255.22(A), the improvements for public use. Further, the public improvements for the subdivision(s)have been dedicated to the City of Huntington Beach, as described on Final Tract Map No. 19118. Public improvements constructed consist of: a. Curb, gutter, and sidewalk along the project's perimeter public streets (Holly Lane, Garfield Avenue and Main Street); and, b. New public water and sewer connections to the existing public mains within Holly Lane per the approved Improvement Plans for this Tract. The Foregoing instrument is the City Clerk's Original Document Reflecting City Council Action taken at the April 21, 2026 City Council Meeting Submitted for Recordation by the Orange County Recorder. Attest April 22,i , 2026 City Clerk and Ex-officio Clerk o ity Council of the City of Huntington Beach, California By 1h nyvt._ P.+ S?Ani Gt Citkrli- CITY OF HUNTIN TON BEACH This document is solely for the official business of the City of Huntington Beach, as contemplated under Government Code Acting City ngineer Sec. 27383 and shovid be recorded free : g of charge Joseph Fuentes BOND NO.4470394W PREMIUM Included in Performance Bond GUARANTEE AND WARRANTY BOND WHEREAS, Bonanni Development Company IV, LLC , as a Principal, and SureTec Insurance Company , a corporation organized under the laws of the State of Texas and duly authorized to do business in the State of California, as Surety, are held and firmly bound unto the City of Huntington Beach, California, as Obligee, in the penal sum of Ninety-Seven Thousand Seven Hundred Twenty-Three& 00/100 ($97,723.00) , representing 10 percent of the contract price entered into between the Principal and Obligee, to which payment well and truly to be made we do bind ourselves, and each of our heirs, executors, administrators, successors and assigns jointly and severally. WHEREAS, the said Principal entered into a contract with said Obligee, dated February 20, 2024 for work described as follows: Subdivision Public Improvements Identified as Project TRACT NO. 19118 WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee and warrant for the period of one year after completion of the work and acceptance thereof by the Obligee, against all defects in workmanship and materials during said one-year period. WHEREAS, said work has been completed, and accepted by Obligee on May 5, 2026 NOW, THEREFORE, the Principal and Surety, jointly and severally shall indemnify the Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship, which become apparent during the period of one year from and after date of completion of work and acceptance thereof by Obligee. In witness whereof, this instrument has been duly executed by the principal and surety above named, on February 5 , 2026 Bonanni Development Company IV, LLC , as Principal By • Sur.� Insurance Company �;" siA •)1 By k:. Esteban Flores,Attorney-in-Fact ' _,. S! - APPROVED AS TO FORM 1 By: l 4-' PI"' MICHAEL J. VIGLIOTTA CITY ATTORNEY CITY 0 _HUNTINGTON BEACH STATE OF CALIFORNIA ) SS COUNTY OF ORANGE ) ON Apr i I .( 20 , BEFORE ME, 3e c,v, ! ce A- A4 `/O7 ) i , A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED BrzA-- c n gn11r AND -- PROVED TO ME ON THE BASIS OF STATISFACTORY EVIDENCE TO BE THE PERSONS WHOSE NAMES ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGES TO ME THAT THEY EXECUTED THE SAME IN THEIR AUTHORIZED CAPACITIES, AND THAT BY THEIR SIGNATURES ON THE INSTRUMENT THE PERSONS, OR THE ENTITY UPON BEHALF OF WHICH THE PERSONS ACTED, EXECUTED THE INSTRUMENT. WITNESS MY HAND SIGNATURE%j7/)ZZ,� / A- /L/t C%-a_����-77 AMY PRINCIPAL PLA E OF BUSINESS IS NOTARY PUBLIC IN AND FOR SAID STATE IN C3' ro\ ncy�f COUNTY J ey)i ce A /vi ``r ok r ( PRINTED NAME MY COMMISSION EXPIRES ,j JEANICE A.MCFALL rm range •California Orange County Commission M 2535241 My Comm,Expires Nov 8, 029 STATE OF CALIFORNIA ) ) SS COUNTY OF ORANGE ) ON , BEFORE ME, , A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED AND PROVED TO ME ON THE BASIS OF STATISFACTORY EVIDENCE TO BE THE PERSONS WHOSE NAMES ARE SUBSCRIBED TO THE WITHIN INSTRUMENT AND ACKNOWLEDGES TO ME THAT THEY EXECUTED THE SAME IN THEIR AUTHORIZED CAPACITIES, AND THAT BY THEIR SIGNATURES ON THE INSTRUMENT THE PERSONS, OR THE ENTITY UPON BEHALF OF WHICH THE PERSONS ACTED, EXECUTED THE INSTRUMENT. WITNESS MY HAND SIGNATURE MY PRINCIPAL PLACE OF BUSINESS IS NOTARY PUBLIC IN AND FOR SAID STATE IN COUNTY PRINTED NAME MY COMMISSION EXPIRES 2 POA#: 3210005 SureTec Insurance Company LIMITED POWER OF ATTORNEY Know All Men by These Presents, That SURETEC INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Texas, and having its principal office in Houston,Harris County, Texas, does by these presents make,constitute and appoint Michael D. Lapre,Jaren A. Marx, Esteban Flores, Michelle Eldridge its true and lawful Attorney-in-fact, with full power and authority hereby conferred in its name,place and stead,to execute, acknowledge and deliver any and all bonds, recognizances, undertakings or other instruments or contracts of suretyship to include waivers to the conditions of contracts and consents of surety for,providing the bond penalty does not exceed Five Million and 00/100 Dollars($5,000,000.00) and to bind the Company thereby as fully and to the same extent as if such bond were signed by the President,sealed with the corporate seal of the Company and duly attested by its Secretary, hereby ratifying and confirming all that the said Attorney-in-Fact may do in the premises. Said appointment is made under and by authority of the following resolutions of the Board of Directors of the SureTec Insurance Company: Be it Resolved, that the President, any Vice-President, any Assistant Vice-President, any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attomey(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions: Attorney-in-Fact may be given full power and authority for and in the name of and of behalf of the Company, to execute, acknowledge and deliver,any and all bonds,recognizances,contracts,agreements or indemnity and other conditional or obligatory undertakings and any and all notices and documents canceling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attorney-in-Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary. Be it Resolved, that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile,and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is attached. (Adopted at a meeting held on 10'h of April, 1999.) In Witness Whereof, SURETEC INSURANCE COMPANY has caused these presents to be signed by its President, and its corporate seal to be hereto affixed this 17th day of February ,A.D. 2023 « SURETEC INSURANCE COMPANY 5uRANe"i Ua X.... ,1. � q :,41. By: -7A.,44# w13• to i DI Michael C.Keimig,Presiden 71 1 y '?a State of Texas ss: * County of Harris «. " On this 17th day of February ,A.D. 2023 before me personally came Michael C.Keimig,to me known,who,being by me duly sworn,did depose and say,that he resides in Houston,Texas,that he is President of SURETEC INSURANCE COMPANY,the company described in and which executed the above instrument; that he knows the seal of said Company;that the seal affixed to said instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said Company;and that he signed his name thereto by like order. - - F TANYA SNEED °'.. C'1 Notary Public State of Texas `y /Pi Commission#128571231 Tanya Sneed,Nota ublic ,.,.,,. Commission Expires 03/30/2027 My commission expires March 30,2027 I,M.Brent Beaty,Assistant Secretary of SURETEC INSURANCE COMPANY,do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney,executed by said Company,which is still in full force and effect; and furthermore,the resolutions of the Board of Directors,set out in the Power of Attorney are in full force and effect. Given under my hand and the seal of said Company at Houston, Texas this 5th a of F brua 2026 , A.D. .B nt Bea , ssistant ecretary Any instrument issued in excess of the penalty stated above is totally void and without any validity. 3210005 For verification of the authority of this power you may call(713)812-0800 any business day between 8:30 am and 5:00 pm CST. CALIFORNIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. State of California County of Los Angeles on 02/05/2026 before me R. M. Friedik ,Notary Public, (Here insert name and title of the officer) personally appeared Esteban Flores who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. R.M.FRIEDIK WITNESS my hail and ofli 1. ;:w: NotaryPublic-California Los Angeles County • •.- Commission 12539545 •'� My Comm.Expires Dec 19,2029 (Notary Seal) Signature of Notary brie ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Any acknowledgment completed in California must contain verbiage exactly as DESCRIPTION OF THE ATTACHED DOCUMENT appears above in the notary section or a separate acknowledgment form must be properly completed and attached to that document. The only exception is if a Bond No. 4470394W document is to be recorded outside of California.In such instances,any alternative (Title or description of attached document) acknowledgment verbiage as may be printed on such a document so long as the verbiage does not require the notary to do something that is illegal for a notary in N/A California (i.e. certifying the authorized capacity of the signer). Please check the (Title or description of attached document continued) document carefully for proper notarial wording and attach this form if required. Number of Pages three Document •Date 02/05/2026 • State and County information must be the State and County where the document g signer(s)personally appeared before the notary public for acknowledgment. N/A • Date of notarization must be the date that the signer(s)personally appeared which must also be the same date the acknowledgment is completed. (Additional information) • The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title(notary public). • Print the name(s) of document signer(s) who personally appear at the time of notarization. CAPACITY CLAIMED BY THE SIGNER • Indicate the correct singular or plural forms by crossing off incorrect forms(i.e. he/she/they-is/are)or circling the correct forms.Failure to correctly indicate this ❑ Individual(s) information may lead to rejection of document recording. ❑ Corporate Officer • The notary seal impression must be clear and photographically reproducible. Impression must not cover text or lines. If seal impression smudges,re-seal if a (Title) sufficient area permits,otherwise complete a different acknowledgment form. ❑ Partner(s) • Signature of the notary public must match the signature on file with the office of the county clerk. 0 Attorney-in-Fact Additional information is not required but could help to ensure this ❑ Trustee(s) acknowledgment is not misused or attached to a different document. ❑ Other Indicate title or type of attached document,number of pages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer,indicate the title(i.e.CEO,CFO,Secretary). • Securely attach this document to the signed document C 2004-2015 ProLink Signing Service,Inc.-All Rights Reserved www.TheProLink.com-Nationwide Notary Service CITY OF HUNTINGTON BEACH Lisa Lane Barnes I City Clerk May 6, 2026 Bonanni Development Company IV, LLC Attention: Ed Bonanni 15132 Bolsa Chica Street Huntington Beach, CA 92649 To Whom It May Concern: Re: Accept Public Improvements, Release the Securities, and Accept a Guarantee and Warranty Bond for Holly Triangel Residential Project (Tract 19118) Please be advised that on Tuesday, April 21, 2026, the City Council of the City of Huntington Beach took the following action: Approved and accepted the public improvements, released the securities, and accepted a Guarantee & Warranty Bond for Holly Triangle Residential Project. A)Accepted the improvements constructed and dedicated for public use with Tract 19118, and instructed the City Clerk to record the Notice of Acceptance of Public Improvements (Attachment 2)with the Orange County Recorder; and, B)Accepted Guarantee and Warranty Bond No. 4470394W(Attachment 3); the security furnished for guarantee and warranty of public improvements, and instructed the City Clerk to file the bond with the City Treasurer; and, C) Release the Faithful Performance Bond No. 4470394, Labor and Materials Bond No. 4470394, and Monument Bond No. 4470395; and, D) Instructed the City Clerk to notify the developer, Bonanni Development Company IV of this action, and the City Treasurer to notify the surety company, SureTec Insurance Company, of this action. • cerely, *LisaLane Barnes *Lisa Clerk LLB:ds g:/fR�I�IIgwup/tract/acce tpublicimp-notice.do pro`e13Hgfe }4)536P—5227 I 2000 Main Street, Huntington Beach, CA 92648 I www.huntingtonbeachca.gov CITY OF [ 1 HUNTINGTON BEACH Jason Schmitt, MBA, JD I City Treasurer May 20, 2026 SureTec Insurance Company 2103 City West Blvd. Suite 1300 Houston, TX 77042 Re: Surety Release Faithful Performance Bond No. 4470394 and Labor and Material Bond No. 4470394 and Monument Bond No. 4470395 Dear Sirs: Pursuant to the Council action dated April 21, 2026, we are releasing to you the above referenced bonds For the Holly Triangle Residential Project (Tract 19118). A copy of the City Council action is attached for your reference. The developer, Bonanni Development Company IV, LLC, by copy of this letter, has been notified of this action. Please contact me should you have any questions. Respectfully yours, 10A Joyce M. Zacks Deputy City Treasurer City of Huntington Beach (714) 536.5990 Attachments Office:(714)536-5299 I 2000 Mae Street.Huntington Beach,CA 92648 I www huntingtonbeachca gov RECEIVED BY: CITY CLERK RECEIPT COPY Return DUPLICATE to City Clerk's Office (Name) after signing/dating (Date) CITY OF HUNTINGTON BEACH INTERDEPARTMENTAL COMMUNICATION TO: City Treasurer FROM: City Clerk DATE: SUBJECT: Bond Acceptance I have received the bonds for &6Yon rU DN t C pm nl IV/ Li-, Company Name) 0 CAPITAL PROJECTS (Includes CC's and MSC's) Performance Bond No. Payment Bond (Labor and Materials) Bond No. Warranty or Maintenance Bond No. TRACT AND DEVELOPMENT Faithful Performance Bond No. Labor and Material Bond No. Guarantee and Warranty Bond No. L1 y MMLkkj Monument Bond No. Franchise Bond No. Letter of Credit Bond No. Other Re: Tract No. 101 I I I Approved 14/2-/ /.2D2ip (Council Approval Date) CC No. Agenda Item No. 23 r ,21p—.2(P(A01 MSC No. City Clerk Vault No. 4W. (0O / Other No. SIRE System ID No. g:/forms/bond transmittal to treasurer HiPA �t�1 A ry e ' 12 '�1 \-\\. I. I N G 7.04/ Tract 19118 Holly Triangle Residential C ��cO OR PO° RA rFo•••• 4:53„k Acceptance of Public Improvements - - , 7 and Release of Surety Bonds iii%f��,f _ ` ,� II • •. s; P° Q Department of Public Works C°ONT`I �. April 21 , 2026 350 BAC KG ROU N • On May 24, 2022, the Planning Commission approved Tentative Tract Map No. 19118 to consolidate 12 existing lots into one 1 .80 net acre lot for condominium purposes. The Planning Commission also approved Conditional Use Permit No. 20-025 (for construction of 35 three- story attached townhomes) as part of the proposed project. • On February 20, 2024, the City Council approved Final Tract Map No. 19118, approved execution of the Subdivision Agreement between the City of Huntington Beach and Bonanni Development Company IV, LLC, and also accepted the project's required sureties as follows: Faithful Performance Bond No. 4470394, Labor and Materials Bond No. 4470394, and Monument Bond No. 4470395. di„ /1 0E-31 .4690066.UNTINGTO . o(JNTY � \ ,/ 351 LOCATION MAP ,,,.,. ,s, _,_ ,,,, „" a .................... - BCLSA AVE. F`'D F , Vt VI VI in `` Mc FADDEN AVE. /' /� � .�� i EDINGER J N_� AVE. % f�' A,P `````\ :::i 1; - -:—! AVE.m Ti j/ HAROLD PL.if, $ W 'AVE. J •U j p ` cc SLATER AVE.6 /r p ___21 m� 405 1 ,, TALBERT AVE./ r �I PACIFIC 9,,,, %( ' 8 a GARFIELD AVE Ew5 4E. f Z f I GAR � AVE_ _ _ It C N N ),/1 • wSITE Z 3S 0 a ```,o `.\,... CLAY AVE ��iT I N C T ATLANTA Z z_= AVE. Gj� N6 z AM LT01� AVE. • `ss �`rJ/ O` •'\ G6RP0ggtfQy"(T OCEAN .F-9 N ylgy BANNING ----"---.:7.z.„., #...,. _ r r T l�l AVE. �_"_ ""'I VICINITY MAP LOCATION MAP J9?��''••FF - �� N.T.S. N.T.S. GF•• `�: ::: 'P\4� �UUNT`I C L 352 NEED/WHY/ BENEFITS • The developer has completed all required public improvements and is now requesting release of the aforementioned surety bonds, pursuant to California Government Code Section 66499.7(a). • The City Engineer has determined that the public improvements have been constructed in substantial compliance with the approved project plans and specifications and recommends acceptance of these improvements. ,` 1'I N G r//<5-1;7, '1„ �•1 ••.•\„c,pRf0R,4,e, �••. - V ��"18 771909. �•.<cC OP " O(/NTN ��j1 353 DETAILS • The constructed public improvements include: • Curb, gutter, and sidewalk along the project's perimeter public streets (Holly Lane, Garfield Avenue and Main Street). • New public water and sewer connections to the existing public mains within Holly Lane. • A Guarantee and Warranty Bond has been submitted by the Developer to provide a one- year warranty period to the City for the subject public improvements. <</'.1`,`�NT I N G T=,,, • 2 s 1 c:, v . C''''‘rffOUNTY c,lI 354 RECOMMENDATION A) Accept the improvements constructed and dedicated for public use with Tract 19118, and instruct the City Clerk to record the Notice of Acceptance of Public Improvements with the Orange County Recorder; and, B) Accept Guarantee and Warranty Bond No. 4470394W; the surety furnished for guarantee and warranty of public improvements; and instruct the City Clerk to file the bond with the City Treasurer; and, C) Instruct the City Treasurer to release the Faithful Performance Bond No. 4470394, Labor and Material Bond No. 4470394 and Monument Bond No. 4470395, pursuant to the California Government Code Section No. 66499.7(a); and, 01INGTp� D) Instruct the City Clerk to notify the developer, Bonanni Development Company IV, of O� .•\N�pPP0R4 Teo•••,•V" this action, and the City Treasurer to notify the Surety, SureTec Insurance Company, •s9c • ice of this action. - - o,.•40 ••••ifB 77,s;9 �.• cFCOUNTY CP\ 355 r Questions ? 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