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HomeMy WebLinkAbout1987-07-07; City Council; 3242-6; Acceptance of Public Improvements of Spinnaker PointOF CARLSBAD — AGENQBILL MTG.07/07/87 DEPT. ENG TITLE: ACCEPTANCE OF PUBLIC IMPROVEMENTS OF SPINNAKER POINT (CARLSBAD TRACT NO 74-04) RECOMMENDED ACTION: Accept the public improvements, authorize the City Clerk to release bonds, and direct the Utilities and Maintenance Department to commence maintaining the public improvements associated with Carlsbad Tract No. 74-04 (Spinnaker Point). ITEM EXPLANATION The developer has constructed all improvements required of this project and has requested to City to accept the public improvements listed in Exhibit 3. The improvements have been inspected by City forces and found to be satisfactory. FISCAL IMPACT The Utilities and Maintenance Department will be required to maintain the public improvements. The value of the improvements is estimated at $1,853,169.00. EXHIBITS 1. Location Map. 2. Letter requesting acceptance dated May 18, 1987 3. Itemization of Public Improvements. s oceQ. CL Oz3 Oo LOCATION MAP no scale. / v*-r 4«"wtN\—^cv^CtY PROJECT NAME: SPINNAKER POINT PROJ. NO. 74-4 EXHIBIT £13 May 14, 1987 RECEIVED STANDARD PACIFIC OF SAN DIEGO Mr. Lloyd Hubbs MAY 1 8 1987 City Engineer City of Carlsbad CITY OF CARLSBAD 2075 Las Palmas Drive ENGINEERING DEPARTMENT Carlsbad, CA 92009 Subject: Exoneration of Bonds, Carlsbad Tract 74-4 (Quail Ridge-Spinnaker Point) Dear Mr. Hubbs: Enclosed herewith are copies of the following bonds on file with the City of Carlsbad for the subject tract: Bonding Surety: The American Insurance Company 1. Bond #712-0830; Faithful Performance $2,191,491.00 Bond #712-0830; Labor & Material $1,095,745.50 2. Bond #712-0831; Grading & Erosion Control $1,599,728.00 3. Bond #712-0833; Faithful Performance $224,688.00 Bond #712-0833; Labor & Material $112,344.00 (This bond secures improvement of Elm Ave. offsite, on the east side and adjacent to C.T. 74-4) 4. Bond #712-0834; Monumentation $26,500.00 5. Bond #712-0835; Faithful Performance $25,000.00 Bond #712-0835; Labor & Material $12,500.00 (This bond secures payment of $25,000.00 contribution toward construction of signals at Elm Ave. and El Camino Real. These signals have not been installed as of this date.) These bonds were all issued May 28, 1981, and are coming due for another renewal on May 28, 1987. All improvements and grading have been completed and all homes constructed and sold. We respectfully request your staff review the project for acceptance by the City and the issuance of warranty bonds as required. 7290 Clairemont Mesa Blvd. / San Diego, California 92111 / (619) 279-2042 Mr. Lloyd Hubbs May 14, 1987 Page Two We have additionally enclosed a copy of Bond #712-0832-A in the amount of $300,000.00 which acts as surety for construction of water main improvements. We are contacting Bill Blakesley for exoneration of this bond. We would be pleased to have one of our superintendents meet with your staff as soon as possible to expedite any necessary pick-up work. Please feel free to call at your convenience. There are substantial premiums involved for the bond renewals which we would hope to avoid. Very truly yours, STANDARD PACIFIC OF SAN DIEGO David H. Phares Vice President DHP:jk Enclosures cc: Mr. Tom McColl, Anderson & Anderson Mr. John Hammond Mr. Randy Robinson EXHIBIT 3 ITEMIZATION OF PUBLIC IMPROVEMENTS CARLSBAD TRACT NO. 74-04 (SPINNAKER POINT) The following is an itemization of the public improvements for Carlsbad Tract No. 74-04 (Spinnaker Point). STREETS 511,791 Sq. Ft. of A.C. Pavement $ 767,686.00 111,267 Sq. Ft. of Sidewalk $ 166,900.00 26,607 Ln. Ft. of Type "G" Curb and Gutter $ 199,552.00 3,744 Sq. Ft. of Cross Gutter $ 6,552.00 2 Cut-off walls $ 1,000.00 27 Street Lights $ 62,100.00 34 City Monuments $ 6.800.00 TOTAL VALUE OF STREET IMPROVEMENTS $1,210,590.00 SEWERS 11,606 Ln. Ft. of 10" V.C.P. Main $ 156,681.00 226 4" Sewer Service Laterals $ 158,200.00 48 Access Holes $ 53.760.00 TOTAL VALUE OF SEWER IMPROVEMENTS $ 368,641.00 STORM DRAINS 2,867 Ln. Ft. Of 18" R.C.P. Line $ 117,547.00 1,494 Ln. Ft. of 24" R.C.P. Line $ 68,724.00 480 Ln. Ft. of 30" R.C.P. Line $ 24,960.00 40 Ln. Ft. Of 36" R.C.P. Line $ 2,360.00 25 Curb Inlets $ 19,050.00 19 Cleanouts $ 33,725.00 3 Headwalls $ 3,540.00 56 Cu. Yds. of Slope Rock $ 4.032.00 TOTAL VALUE OF STORM DRAIN IMPROVEMENTS $ 273,938.00 SUMMATION OF PUBLIC IMPROVEMENTS Street Improvements $1,210,590.00 Sewer Improvements $ 368,641.00 Storm Drain Improvements $ 273.938.00 TOTAL VALUE OF IMPROVEMENTS $1,853,169.00