AgdaPkt 2002-08-26 - Laserfiche WebLink

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Backgrou nd Based on the above dates and resolution numbers, the City Council approved the improvement agreements for (1) Pacific Shores Development Lot 11, which includes a Fitness Center; (2) Lots A-H, which are common landscape areas, and include a waterfront park, playfields, and walkways along the Bay; (3) Pacific Shores Center Subdivision Improvements, which include a new storm, water and sewer systems, storm and sewer pump stations, sidewalk and roadway, and (4) Seaport Boulevard North of Seaport Court (including the Frontage Road) including new storm drainage, traffic signal, roadway, lighting, and landscaping. The Developer, Pacific Shores Development, LLC, a Delaware Limited Liability Company, has completed the construction of the improvements in accordance with the- various agreements, the plans and specifications, and to the satisfaction of Engineering and Construction Services. The developer provided a Faithful Performance Bond and a Labor & Materials Bond for each of the abovementioned improvement projects, which can now be released. Fiscal Impacts Upon acceptance of each of the abovementioned improvement projects, the City and the Developer will be responsible for the maintenance of each of their respective improvements, per the Subdivision Agreements. The City's facilities include sidewalks, roadway, curbs, gutters, signs, striping, and traffic signals on the portion of Seaport Boulevard north of Seaport Court up to the entrance into Pacific Shores; and all water, sewer, and storm drain systems including the sewer and storm drain pump stations within the Public Service Easements. The Maintenance Bonds will be held for one year, after which the bonds will be returned to the Developer. Brian Le~ - //t/ ~l~ru~e Liedstrand E--~d'EVe~-ett Senior Civil Engineer Community Development Manager City Manager BL:ss s/library/reports/brianl/accept- Pacific Shores Lots 1 l etc