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CC - Item 4G - Release of Bond Parcel Map 65099• S E M f\\ O 4\ r • ROSEMEAD CITY COUNCIL STAFF REPORT TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: OLIVER CHI, CITY MANAGER DATE: NOVEMBER 20, 2007 SUBJECT: RELEASE OF BOND - PARCEL MAP 65099 3220-3226 DELTA AVENUE SUMMARY A Faithful Performance Bond and a Labor and Material Bond were required to guarantee construction of a sewer lateral and installation of survey monuments for Parcel Map 65099. In lieu of bonds, a Cash Deposit was submitted to the City in the amount of $9,300. Staff Recommendation Staff recommends that the City Council accept the sewer lateral and survey monuments and refund the Cash Deposit including interest. ANALYSIS In accordance with the Conditions of Approval for Tentative Parcel Map No. 65099 approved by the Rosemead Planning Commission on September 18, 2006, the subdivider is required to construct a sewer lateral and install survey monuments subsequent to recordation of the parcel map. On April 10, 2007, the subdivider executed an Undertaking Agreement (Attachment A) to guarantee construction of the sewer lateral and installation of the survey monuments within two years. In lieu of providing a Faithful Performance Bond and Labor and Material Bond, the subdivider provided a Cash Deposit in the amount of $9,300. The City Engineer has inspected the improvements and found them to be installed satisfactorily. PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process. Prepared by: Rey Alfonso, P.E. City Engineer V ~ APPROVED FOR CITY COUNCIL AGENDA: 0 0 City Council Meeting November 20, 2007 Page 2 of 2 Submitted Brian ki Assistant City Manager Attachment A: Undertaking Agreement & Cash Deposit Receipt 0 0 Attachment A CITY OF ROSEMEAD UNDERTAKING AGREEMENT I4CLll , 2007, by and THIS AGREEMENT made and entered this 2 1 day of X't between the CITY OF ROSEMEAD, State of California, acting by and through its City Council. hereinafter referred to as "CITY" and ,jA5oN -t Hea)i -To k,~-, (NAME) c box s Gj ~ Ei\-i?LL LIT`( , CA Ci i hereinafter called the "CONTRACTOR." WITNESSETH: FIRST: The CONTRACTOR, for and in consideration of the approval of the final map of that certain land division known as Parcel Map 65099 hereby agrees, at the CONTRACTOR'S own cost and expense to furnish all labor, materials, and equipment necessary to perform and complete, and within twenty-four (24) months from the date of filing of said map, to perform and complete in a good and timely manner, the following work, to wit: Construct sewer lateral and install survey monuments. Said work shall be done to the satisfaction of the City Engineer and shall not be deemed complete until approved and accepted as completed by the City Council of the CITY. The estimated cost to do all work and furnish all materials necessary to complete the work is $6,200. • E SECOND: The CITY shall not nor shall any officer or employee thereof, be liable or responsible for any accident, loss, or damage happening or occurring to the work specified in this agreement prior to the completion and approval of same; nor shall the CITY, nor any officer or employee thereof, be liable for any persons or property injured by reason of the nature of said work, or by reason of the acts or omissions of the CONTRACTOR, his agents, or employees, in performances of said work. All of said liabilities shall be assumed by the CONTRACTOR. The CONTRACTOR further agrees to protect and hold harmless the CITY, its officers, and employees, in performance of said work. All of said liabilities shall be assumed by the CONTRACTOR. The CONTRACTOR further agrees to protect and hold harmless the CITY, its officers, and employees, from any and all claims, demands, causes of action, liability, or loss of any sort because of, or arising out of, the acts or omissions of the CONTRACTOR, his agents, and employees, in the performance of this agreement, or arising out of the use of any patent or patented article, in the performance of said agreement. THIRD: The CONTRACTOR hereby grants to the CITY, the Surety upon any Bond, and to the agents, employees, and CONTRACTOR or either of them, the irrevocable permission to enter upon the lands of the subject land division for the purpose of completing the work. This permission shall terminate in the event that the CONTRACTOR or the Surety has completed the work within the time specified or any extension thereof granted by the City Council. FOURTH: It is further agreed that the CONTRACTOR shall have the control of the ground reserved for the installation of said work, and the streets in which they are to be placed, as is necessary to allow him to carry out this agreement. FIFTH: Contemporaneously with the execution of this Agreement, CONTRACTOR shall file with the CITY a Cash Deposit in the amount of Nine Thousand Three Hundred Dollars ($9,300) to guarantee faithful performance of all the provisions of this agreement and 0 0 for the payment of all persons performing labor and furnishings materials in connection with this agreement. If the Cash Deposit, in the opinion of the CITY, becomes insufficient, CONTRACTOR agrees to renew said Cash Deposit within ten days of receiving notice that Cash Deposit is insufficient. SIXTH: If the CONTRACTOR neglects, refuses, or fails to prosecute the work with such diligence as to ensure its completion within the time specified, or within such extensions of said time as have been granted by the City Council, or if the CONTRACTOR violates or neglects, refuses, or fails to perform satisfactorily any of the provisions of the plans and specifications, he shall be in default of this agreement and notice in writing of such default shall be served upon him and upon any Surety in connection with this contract. The City Council shall have the power, on recommendation of'. the City Engineer, to terminate all rights of the CONTRACTOR or his Surety then existing or which thereafter occur because of such default. The determination by the City Engineer of the question as to whether any of the terms of the contract or specifications have been violated, or have not been performed satisfactorily, shall be conclusive upon the CONTRACTOR, his Surety, and any and all other parties who may have any interest in the contract or any portion thereof. The foregoing provisions of this section shall be in addition to all other rights and remedies available to the CITY under law. SEVENTH: In case suit is brought upon this contract, the CONTRACTOR hereby agrees to pay to the CITY a reasonable attorney's fee to be fixed by the Court. EIGHTH: It is further agreed by and between the parties hereto, including the Surety or Sureties on any Bond attached to this contract, that in the event it is deemed necessary to extend the time of completion of the work contemplated to be done under this contract, said extension may be granted by the City Council, either at its own option, or upon request of the CONTRACTOR, and shall in no way affect the validity of this contract or release the Surety of Sureties on any Bond attached hereto. IN WITNESS THEREOF, the parties hereto for themselves, their heirs, executors, administrators, successors, and assigns do hereby agree to the full performance of this agreement and affix their names, titles, and seals this day as above indicated. By By Z U JULIE YEN LEE Comm. # 1515411 ~n Lq- NOTARY PUIIIC•C+UIFhORNIA 1f1 (Seal) My CoNX E.: `so- t MW Note: ~w~ w 'yPsti k SIGNATURES MUST BE ACKNOWLEDGED J BEFORE A NOTARY PUBLIC. (ATTACH APPROPRIATE ACKNOWLEDGEMENTS) BY - /'t I,-- . Mayor of a City of Rosemead Attested City ~I N ti I ~ N r CD (D ~ ii [ 0 Y U W Z U N W_ 2 Q U o p N p N p s M Cj g ~ aw N V o c W ~ W ~ co a 01~ 'Z3 O a U ~ i o v~ ~i 0 CO ti Ln O Ln co 1 I 1 O O O a ru 1 l o- C0 I ru i ICL Lo 1 co O i O RECEIPT FOR PAYMENT CITY OF ROSEMEAD 8838 EAST VALLEY BOULEVARD ROSEMEAD, CA 91770 626.669.2100 (M - TH 7:00 - 6:00 PM) Name: a ss, oz. r /yc.c, / Address: ffz S f3 CA 717eo Depffly: Date: Far: 640 - g~/ -0 A ~'7 /Ov JoovB/- 02300 441,07.17Z C11-01 00441,07-17Z a TRAN TRAM CODE DESCRIPTION CODE DESCRIPTION 710 Building Permit Fees 100 Refundable Deposits 713 Strong Motion Fees 820 Building/Field Rental/Supv 720 Public Works Permits 843 Class Registration 712 Occupancy Permits (Bldg) 844 Excursions 702 Site/Sign Plan Review Fees 821 Sr Lunch Prog (RCRC) 700 Occupancy Permits (Plan) 822 Sr Lunch Prog (GCC) 701 Wildlife Exemption Fee 123 Miscellaneous Revenues