Agenda Item Wording:
title
Notice of Completion for Wood Ranch Unit 3 - Request authorization to file a notice of completion for Wood Ranch Unit 3 located along E Noble Ave, east of McAuliff St and north of Kaweah Ave, containing 11 private residential lots.
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Deadline for Action: 3/4/2024
Submitting Department: Community Development
Contact Name and Phone Number:
Luqman Ragabi, Assistant Engineer, luqman.ragabi@visalia.city, (599) 713-4362
Jason Huckleberry, Director of Engineering and Building Department, jason.huckleberry@visalia.city, (559) 713-4495
Department Recommendation:
Staff recommends that City Council authorize the filing of a Notice of Completion for Wood Ranch Unit 3.
Background Discussion:
All of the required improvements for this development have been completed and are ready for acceptance by the City Engineer. Wood Ranch Unit 3 was developed by Bill Morgan and contains 11 private residential lots.
The developer has submitted a maintenance bond in the amount of $35,313.92 as required by the Subdivision Map Act, to guarantee the improvements against defects for one year. Staff recommends that authorization be given to file the Notice of Completion.
City Council authorized the recording of the final map for Wood Ranch Unit 3 on November 18, 2019. All bonds and cash payments, as identified in the subdivision agreement, were received by the City at that time. As required by the subdivision ordinance, a maintenance bond valued at 10% of the cost of the public improvements has been submitted prior to recording of the Notice of Completion. The Maintenance Bond is held for one year after the recording and acts as a warranty for the public improvements installed per the subdivision agreement
Fiscal Impact:
By authorizing this Notice of Completion, the City of Visalia will incorporate the identified public improvements into normal routine maintenance plans and procedures foll...
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