Agenda Item Wording:
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Notice of Completion for Subdivision - Request authorization to file a notice of completion for Candelas II subdivision containing 59 single-family residential lots located southwest of Tulare Avenue and Vista Street.
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Deadline for Action: 10/7/2024
Submitting Department: Community Development
Contact Name and Phone Number:
Luqman Ragabi, Associate Engineer, luqman.ragabi@visalia.city, (599) 713-4362
Jason Huckleberry, Director of Eng & Building Dept, jason.huckleberry@visalia.city, (559) 713-4495
Department Recommendation:
Staff recommends that City Council authorize the filing of a Notice of Completion for Candelas II subdivision.
Background Discussion:
All of the required improvements for this subdivision have been completed and are ready for acceptance by the City Engineer. Candelas II subdivision was developed by Lennar Homes of California and contains 59 single family residential lots.
City Council authorized the recording of the final map for Candelas II subdivision on February 22, 2022. 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 in the amount of $148,383.69 (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 following the one-year maintenance period. This will have a nominal adverse effect on the fund that provides such maintenance.
Prior Council Action: On February 22, 2022, the City Council authorized the recordation of the final ...
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