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HomeMy WebLinkAbout _ 4.11(e)--Final Map-Silverstone Subdivision, Unit 3 � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: August 20, 2024 FROM: Michael Webb, Public Works ITEIVI NO. 4.11(e) Director ***APPROVED BY*** �� � � �,.�� � Ry:���E��i��v,,� ' :zsit I��rcct�rr t�[' ubls`c 'ark� �1'7,?ti?�B �> �p�tt�,C�i ��t t�, $,'13,{'2{}? mwebb@cityofredding.org btippin@cityofredding.org SUBJECT: 4.11(e)--Approve Final Map and Execute Subdivision Agreement for Silverstone Subdivision, Unit 3 (AMN�D-2020-01135, 5-2019-00280) Recommendation Authorize the Mayor to execute a Subdivision Agreement with Sierra Pacific Land and Timber Company; and approve the final map for Silverstone Subdivision, Unit 3 (AMN�D-2020- 01135/5-2019-00280), thereby, instructing the City Clerk to file the map with the Shasta County Recorder. Fiscal Impaet There will be cumulative ilnpacts to the City of Redding's (City) Public Works Department due to the increase in public street infrastructure requiring annual maintenance, especially the asphalt pavement. The project will generate an incremental increase in State of California gas-tax funds based on population and point-of-origin sales; however, the increase in these revenues falls short of the anticipated annualized maintenance cost. In addition, there will be an incremental increase in the City's utility costs due to the additional infrastructure. Generally, except for the Storm-Drain Utility, sufficient revenue is generated by monthly use charges to offset any increase in annual maintenance costs. The Storm-Drain Utility is pressed with increasing requirements that current rates do not cover. Alte�^native Action The City Council (Council) may choose not to accept the improvements. Under this alternative, the City would be inconsistent with a long-standing policy of maintaining streets and infrastructure following the completion of the improvements in accordance with the City Construction Standards. Report to Redding City Council August 14,2024 Re: 4.12(e)--Final Map-Silverstone Subdivision, Unit 3 Page 2 Background/Analysis The Silverstone Subdivision, Unit 3 (AMND-2020-01135/5-2019-00280) was approved by the Planning Commission on September 22, 2020. Attached is a map showing the subdivision, which is located south of Rancho Road and Shasta View Drive. The developer, Sierra Pacific Land and Timber Company, has submitted the final map and all other required data which has been checked and approved by various City Departments. Relevant subdivision map conditions of approval have been met with the exception of some portions of roadway conditions (placing asphalt concrete, striping, pouring curb/gutter/sidewalk, centerline monument survey, street name signs, utility manholes, street lights and valve grade adjustments). The developer has agreed to the execution of a Subdivision Agreement, has committed to completing these conditions, and has submitted a related security in the amount of$157,805 for the remaining work. The developer has been informed that no occupancy permits wi11 be granted for residences constructed on lots until a11 related Subdivision Agreement conditions have been met. The agreement has been approved as to form by the City Attorney. Envi�^onmental Review On Apri1 5, 2005, Council held a public hearing and adopted Resolution 2005-048 certifying the completeness and adequacy of EIR-01-03, thereby satisfying the requirements of the California Environmental Quality Act. No further action is necessary. Council Prior�ity/City ManageN Goals This agenda item is a routine operational item. Attachments ^Silverstone Unit 3 - Location Map Subdivision Agreement Final Map Performance Bond RANCHO ROAD � ( , , � _. � � � � � � � I ; � � o, �' j i �, ,m : � : � - – � z, __— �--- - I_. m���,` . ---- ---- ------,�,, . ( ,,,. ,, � : ., � . ---- �-- ----- ��--- `---- i SEBRING AVENUE � ,- o' - D _. __. .__ .. � : � ��LL����T��� � ; -� �J�JIT 1 i ;� � , I . - D __... __. i '� . �?.:... .. ____. .__ _�Z',, ''',. - � D� � SI�VERSTONE DRIVE o , ; �� ��i i �- _ ; % .,' .,' ,m � ! (1� l i ( `� � i Z V -' ,� i ' - ' '. � ... �`, ._. . ��� . ..._ i PARCE� A t� � � �' '— eucarri Rono � , � � -� . — D , ' G ,., ; — T � � UDP COUR / � SILVERSTONE � � �� , - , � ; � UNIT 3 0 , M°"q� � � o� � .Z7 — �' . ,oqR�� � �. � ' � , � � � � , �AY � , 1 rn 6 � 8 5 (� g ReNq��r� � `� _.� � � �, ,,� 4 �� 10 � �O Rr � �� I � � � 2 �� 11 � ���`��/��ST�I�� �i� � 1 � 1213 14 15 ���� � ��� �� r �— — -- � --- — ��, �EGEND P LEGEND LANE � ��9NF -�� / �oe � i I ��I�i �� RE��I��. — � �\, � , ° � � _ A A� �;t7 � 6 I � � I �._ I ` �, - ' . i �.� � _� —� � � UKONOM OR���' ��� HOPKINS AVENUE� � — . � � ,�T�J��SFP,I� �� D — i ' .�.���1 7 - --� ENGI�IEERING DIVIS10�1 LOCATION MAP ITEM: o� 300� �oo� SI LVERSTO N E U N IT 3 °W�. "°: °"TE: S-2019-00280/PD-5-04 AITACHMENT: BP EXHIBIT JU�Y� ZOZ4 SU I�ISI 1�1 AG EE EI�'I' THIS AG �EMENT is made and entered into by and between the CITY OF REDDING, a Municipal Ct�rpo�:atiot�, hereinafter called City, and Sierra Pacific Land atld Tirnber Campany,a Califo2•nia ct�rpc���ation, hereinafter called Subdivider; bath of whom understand and agree as fallows: CITI�I.S; A: St�bdivider has presented to City fQr approval a final subdivision map, hereinafter called Map;entitled: Silverstane�ubdivisio�a,�.Tnit 3 B. The Map has been �1ed �vitll the City C1erk c�f City for presentat2on to the City CaunciI of the City for its approval,which Map is hereby referred to and incorporated herein; C. 'Subdivider l�as���qi,tested apprc�val of the Map prior to Che c�nstruction andlar campletion of improvernents, incltiding all streets, highways, ar public ways and public utility facilities which are a part af, or appurtenant t�; the subdivision, hereir►after called Subdivisioi�; designated on the N[ap, all in accordance with, and as required by;the plans and speci�cations fnr• all or any of sa�d improvetnents in; appurtenant to; or o�atside the ___ ____ __ .. — Ii�n"rts of Sub�iwision, wliieh plans and specificatiorts are now on file in the office of the City Er�gineer: D. This agreeinent is �xecuted pursl.zant to the provisions of the Subdivision Map Act of the State of California. I�1CDW T�-IERlEFO , for and in consideratic�n of the approval of the Map �nd t�f the acceptance of the dedications ar same thereaf, therein offered, and in order to insure satis�actory performance by Subdivider c�f Subdivider`s obligations under said 5�.�bdivision Map Act, the par�ies agree as follaws: 1. Perfarmance of`Vork S�.lbdivider will da and perform, c�r cause tQ be done and perfarmed, at Subdivider's own expense,in a goad and worlc��nanlike �nanner and furnish ail re�caired m�teiials, all under the direction and to the satisfaction of City Engineer all afthe follc�wing work and improvernents within,and/or without,the Si,ibdivision,to wit: Tent�tive Subdivision Map 5-2019-002�0 `Silverstane Subdivision,Unit 3 See Conditic�ns af Appraval Streets and Circu[atic�n 11 thru 2l Sewer,wafer, and�lectric Utilities 22 thru 32 g+'i�-e P`r€�tectian 43 thrti 44 ��,1.+ L'h�S11B�3. 91�9I �1 1:Hl.Z1L'L lld.'..r. l��ll� H1Y3f� ll�i_.�iAS V�. i L`a�L l�L'iYL`11\� .I�i .. 1.�11����: P L'�SSL'1\�i�� Strbdivider sha11 a[sa do all wark and furnish all materials necessary in the opinion of the City Engineer and ox1 his ardei°to eomplete the improvements in accordance with the plans and specifications an file as hei•einbefare specified, or with any cha�zges rec�uired or ardered hy City Eitgii7eer which in his opinion are necessary or required to complete the work.The func�ing amc�unt set forth in Exhibit "�" shall not be construed as a limitation on the s�rbdivider's c�bligation to fitlly constr�ict the improvei�zents. 2. Places and Grades ta be�+'ixed by City Engineer All of said war:k is to be done at the places;of the matet ials, in the��aanner and at the graties, all as shown Lipan the plans and specificatians therefar heret�fore appraved by City Engineer� and which are now on file in his office;and to tl7e satisfactian of said City Engineer. 3. Time and �ornmencement�nd Performance City her:eby fixes the tirne for the commencement c�f said worlc an the 20th day af Augizsti, 2024,and fc�r its coinpletion to be within 36� calendar days of the date c�f commencement. P'cir�r to the commencement of wark here�znder Subdivider shall notify City Engineer in writing af the date fixed by Stiibdivider far coimmenceinent thereof; so that City Engineer shall be�ble to provide services of inspectit�n. 4. 43ccup�ncy Pursuant to Section 1'7.26.410 of the Redding Municipal Code,occupancy af structt�res shall nat be per�nitted uritil all p�iblic impl-ovement� associated with the subdivisi�n have been duly accepted by City Colrncil. 5. Tirne of Essence-Extension Ti1ne is of the essence of this agreement; pravided, that ii� the event good cause is shown therefor; the City Councii may extend the tilne for completion af the ilnprovements hereunder. Any sL�ch extension may be granted witho�lt notice to the Subd�vider's surety, and extensic�ns so granted silall not relieve the surety's liability an the bond to secLtre the faitl�ful perforinance of this agreement. The City Cc�uncil shall be the sole and final judge as t€�whether or not good cause has been sha�vn to'entitle Subdtvider ta an extensian. 6. Repairs and Repla�ements Subdrvider shall replace, or have replaced, or repair or have repaired,as the case may be;a�l pipes and manuments shown on the Map which ha�e been destroyed c�r damaged, and S�,lb�ivider shall 1•eplace or have replaced, rep�ir ar have repaired,as the case may be,or pay to the owner the entire cost of replacemei�t or repairs; of any and all praperty dainag�d or destroyed by reason �f any work dane hereunder whether such property be owned by the United States ar any agency thereaf, or the State of California, or any agency or political s«bdivisic�n thereof, ar by tlle City or by any ptiblic or private corporatioil, or by any persc�n wharnsoever or by any cornbination of such owners.Any such repair or replacernent shall be to the satisfaction, and subject t�a the approval, of City Engineer. Subdivision Agreement:Silverstone,Unit 3 2 7. Utility Depvsits -Statement Subdivider sl�all file with the City Clerk; pric�r tc� the cominencernent of any work ta be performed within the area delineated on the Map, �writt�n stateinent signed by each pltblic utility corporation involved, ta the effect that Subdividei• has made all depasits legal4y rec�uired by such public Lttility corporatian for the connectian of al�y and all public utilities to be sidpplied by slich public utility corporation withrn the Subdivision. 8: Permits, �ompliance rvith La� S�,ibdivider sllall obtain atl necessary pernlits and ]icenses for the construction of such impr�overnents; give a11 necessary notices; and pay all fees and taxes re�uir•ed by law. 9, �uperintendence by �ubdivider Subdivider shall give personal superintel7dence to the vvork of said improvement, or have a c��npetent foreman a�:superintendent, satisfactory to City Engineer'on the u�ark at all times during progre�s, with attthc�i•ity to act for�ubdivider: 10.Inspec�ion by City Sl�bdivider shall at all titnes maintain proper fa�ilities,and pravide saFe access for inspection by City Engineee to a11 pai-ts�af tl�e work,and ta the shaps wherein tile wark is rn prepa��ation. Subdivider shall be liable for the payment af a11 inspection fees and other fees rec�uired by the City of Redding within thirty(30}days of invoice. 11. Contract�ecurity Concui~rently with the execiition hereof, Subdivider shall fiunish or�e ofthe following: (1) A band or bonds in the sum of at least 10`0 percer�t of`the estirnated cost ofthe improveinents re�naining to be constructed, plcis a contingency cost rlat to exceed 10' percent of the improvement cc�sts, pl��s an estimated inflation factor based on the change in the Co��str�uction Cost Index over the averaged previaus three years' ehanges as pt�blished in the Engineering News Record, plus an additional amount of 50 percent of the estimated cost of improvernents securing payment tQ the contractor, or(2) and instrument of credit from an approved financial institutian in the same amottnt, or (3) cash depasit in the same amount. As tc� (1)or(2}, bc�th the issuer and the form shall be satisfactory to City Attorney. 12.Hold I�(armless Agreement S«bdivider hereby agrees to, volunteers and shall, hold City, its elective and appaintive boards, commissions, officers, agents; and employees, harmless frorn any liability ft�i- darna;e or claims for darnage for personal injtiry, including death; as �rell as frorn claims for property damage'which may ar�se from Subdivid�r's ar Subdivider°s contractors; sub- contractors;a�ents;or ernployees'aperatians under this agr�ement,whether such operatiorts be by St�bdivider or by any of St�bdivider's cantractars, �ubcontractors, ar by any one or more persons directl�or ir�rdirectly elnployed by;or acting as a�ent far Subdivider or any of Subdivider's contractars or sti�bcontractors. Subdivider agrees to, and sha11, defend City and its �lective and appointive bQards, co�nmissians, officers, agents, and employees from any suits oi• actions at law or in equity far damages caused, or alleged to have been caused, by ieason af any of the aforesaid aperatic�ns; provided as follows. Subdivision Agreement� Silverstone,Unit 3 3 a. That City does nat;and s1za11 nat;waive any rights against��.lbdivider which it inay have by reason ofthe aforesaid hold liar�nless agreement,because ofthe acceptance by City, or� the deposit with City by Subdivider Qf any of the insurance policies described in para�taph 12 hereof. b. That the aforesaid hc�ld harmless ag�:eement by Subdivider slzall apply to alI damages,�nes,pe��alties,and claitns fot•damages of every kind suffered,or aiteged to have been suffeied, by reason of any of the afot•esaid operatiai�s refe�•red to in this patagraph, 1-egardless af whether or not City has prepared, supplied; or approved of, pl�ns andlor specificatians far the subdivision, e�r regat�dless af r�vhether or not such ins�irance policies shali have been deter:mined to be �pplicable to any of such dair�ages or claims for damages. �,3. �ubdivid�r's In�ur�nce Subdivider sha�l not comznence wark under this agteement until Subdivider shall have abtained all insiirance required under tl�is paz•agraph and such ins�iral�ce shall haVe been approved by FZisk Manager as to forl�, amount; and carrier nor shall Subdivider a11aw any contractor t�r subcontractor to cotnrnence work on his cont�•act or subcantract until all similar insurance required of the cont�•actor or subcontractar shall ha�re been st� obtained and approved. A11 requir•ements herein provided shall appear either in the body of the insurance pQlicies or as endor�ements and shall specr�ically bind the insurance carrier:. Subdivider s11a(( procure and mair�tain for the durati�zt af'the agreetnent insurance against claims for•injuries ta persons or darna�;es to prope�ty which may arise from ar in connectioi� with the performance of tl�is �greement by the subdivider, its abents, representatives, e�nployees ar s��bcontractors. Minimum Seope and Limits of Insurance Cc�verage shall be at least as broad as: a. Insurance Services �ffice Commercial General Liability coverage (occurrence form CG 4001), with litnits no less than $1,000,000 per occurrencel$2,00O,,OQO general aggregate for bod'tly injl►ry,persanal injury and praperty darnage, b. Insurat�ce Servic�s Uffces form number�A 000� (Ed. 1/$7}covering Automabile Liability, owned, non-owned, and hired, wit[z limits no less than $1,Ot�D,000 per accident far•bodily injury and propert�damage. c; Workers' Gompensation insurance as required by th� State of Cal`rfornia, with statutory lirnits, and Empinyers' Liability insurance, with limits no less than $I,�OO,Q00 per bodily injury or disease; Ded�ictibles and 5elf-Ins�trance Retentions Any deductibles or self-insat•ed;retentions shall be declared tc� and approved by th� City. Subdrvision Ags•eementi Silverstane,Unit 3 4 Other Insi�rance Pt•ovisions The general liability and autor�obile pc�licies are ta contain ar be endQr�ed tc� contain the following prc�visions: a: The City, its of�cers, officials, empl�yees and valuntee�-s are tc� be cavered as additional insureds as t•espects. liability arising otit of ar in connectic�n with the pe��fo��inance af this abreement by or on behatf of the subdivider; prernises awned; occcipied or used by the sub�iivider; and a�itotnobiles owned, Ieased; hired c�r borrowed by the subdiviclei•. The coverage shall contain no special li�nitatic,ns of the scope af'protection afforded to the City, its aff'tcers, officials; employees; and valLinteers��. b. The Subdivider's insurance shall be primary insLrrance as respe�ts the City; its officers, officials, emplc�yees and volunteers. Any insurance or self-insczrance maintained by the City, its officer�, officials; emplayees and volunt��rs shall be excess af tl�e insuranee of the subdivider and shall not contribute with it. c, The sut�divider's insurance shall apply se��rately to each insured against whorn claim is made or suit is bt•ought, except v✓ith respect to the limits of the insurer's liability. d. Each insurance policy required by this clacise shall be endorsed to state that coverage shall ��crt be canceled, except after thirty (30} days' prror writt�n izotice has been gi�en ta the City. The Workers' Ccampensatian and Elnployers' Liability insurance shall contain the Insurer's waiver of stiibro�ation in favar af the Crty, its of�icers, officials, employees, and valunteet�s. Apptoval of the subdivider's insurance by the City shall not decrease tke extent to which the subdivider may be held responsible for payment af any and all damages resulting from subdivider's performance under this agreernent: Acceptabrlity of Insurers Insurance rs ta be placed with insurei:s licensed to do business in the State of California and wit11 a current A.M. Best's ratu�g of no less than A-:VII: Verification af Covera�e The Consultant shall furnislz the City with certificates of insurance and original endarsements effecting coverag� required by this clause, The et�darsements are to be signed by a person authc�rized by that ins�iret to bind coverage on its behalf. All certificates and end�arsements are to be received and approved by the City before approval of the agreement and wark cornmences.Tl�e Gity reserves the right to rec���est Subdivision Agreement:`Silverstone,Unit`3 5 a certified copy af any ar all poli�ies at any tirne. The subdivider shall provide s�;�ch policies within thirty(30) days af s�.ich a request. 14; Title to Improvements Title tc�, arid ownership af,al( improvements constructied heretander 6y Subdividei•shall vest absalutely in City, upon cornpletian and acceptance of sucll`impr�V�tnents by City. 1�. l�epair or Iteconstruction of I�efective Wark If, within a period of one year after final acceptance of the wark pe�•for�ned unde�° this agreement, any structure or part �f any structure furnished and/or in�talled or canstructed, or c��tsed to be installed or constr�:icted by Subdivider ar any of t1�►e work done nnder this agree�nent, fails to fulfill any of the requirements of this agreei�ent or tlte specifications referred to herein, Subdivider shall withaut delay and withaut any cast to City; repair or r�eplace ar reconsti�uct any defective ar otherwise unsatisfactoty part ar parts of the work or structure. Should Subdivider fail to act pramptly ar i�1 accc�rdance with this reql�irement,or shc�uld the exigencies of the case require repairs ��• rep�acements ta be inade before S�ibdivider can be notifred, City may; at its c�ption, make the necessary repairs or replacetnents or perform the necessary wark and Subdivider shall pay to City the actl�al cost �f such repairs plus fifteen(15)percent. 16.Subdivider Not Agen�of�ity" Neither�ubdivider nor any of Subdiuider:"s agents or contractors are, or shall be considered to be, agel�ts af City in cannection with the perforrnance c�f Sub�ivider`s obligations tinder this a;reement. 17. �'ost of Engineering and Inspection Stilbdivicler shall pay to Citythe acttial cost for all en�ineering, inspection,and other services furnished by City in connection with the Subdivisiot�, plus the applicable overhead charge in effect at the tirne_ City wi(1 f�u-nish a statelnent of all chacges for services perfarmed by City upan request, and Subdivider shall cc�inplete payment af such charges within ten (10� days after receipt fihereof. Said costs shall be paid in full by the Subdivider prior ta acceptanc�by the City of the Map�r improvements. 18. Notice of Sreach and Default If Subdivider refiises or fails to obtain pro�ecution c�f the woek,c�r�any'severable part thereaf, with such diligence as will insure its�otnpletian within the time specified,or anyextensions thei-eof, or fails ta obtain campletiinn c�f said work within such tilne, ar if the �ubdivider should be adjudged a bankrupt, or Subdivider should inake a general assignment for the benefit of Subdivider`s creditars, or if a rec�iver shcruld be appointed in the event of Sut�divider's xnsolvency; or if Subdivider or any of S�ibdivider's contractc�rs,subcontractors, a�,ents, or employees should vialate any of the provisians of thi� a;reement, City Engineer or City'Cc�uncil may serve written nt�tice upon Subdivider and Subdivider's surety of breach of this a�,reement, or af any portion thereof, and default of 5ubdivider. 19.�reach r�f Agreement; Performance by Surety or dCity In the euent of any such notice, Subdivider"s surety shalI have the duty to take over and Suhdivision Agreement' Silverstone,Unit 3 b ct�mplete the work and the imprc�vernent hereitt specified, provided, however tltat if tihe surety, with�n fi�e (5}days after the serving upc�n it of such notice of breach, does not give City wtitten notice of its intentian to ta�e over the perforinance of the contract,and does not cc�mmence performance th�reof within five {5) days after notice t� City of sr�ch electian; City znay take over the wark and prosec��te the same to coinpletion, by contr�et or by any other�n�thod City may deem advisable, for the accc�unt and at the expense of�z�bdivider and Subdividei's s�.irety shall be liable to City far any excess cost or damages accasi�ned City thereby; and, in such event, City, without liability for�o dain�, may take possession of and tltilize in campleting tlle we�rk, such rnater`ials, appliattces, plant, and other property belonging ta Subdivider as may be on the site ofthe worlc and necessary thereof, 20.I�otices All natices herein requir�d shall be in writing, and delivered in persoz� or sent by registered mail,p�st�ge prepaid; Natic�s rec�LY►ted to be given to: City o#'Redding sha11 be addressed as fo�lows: 77? Cypress Avenu� Reddin�, Califarnia 96001 Nc�tices rec�uired to be given tn: M T3 Emmerson shall be addressed as fQllows: 19794 Riverside llrive Redding, CA 96007 Notices afbreach or default rec�uired to be given to: Marsh iTSA,Inc. shall be addressed as follows: 13(}1 Fifth Ave., Ste 1900 Seattle,WA 98141 1'rovided that aily pai-ty or the s�irety may ch�n�e such address by notice in wa�iting to the other party and thereafter natices shall be addressed and transmittedto the new address: 21.Tnterjpretatio� The laws of the State of Califarnia shail govern the interpretation of and the resalutiart of dispcates ui-�der this Agreement. If any claim, at law or otherwise, is made by either party to this Abreement, the prevarling party shal� be entitled to recover frarn the other party a11 reasonable casts, incl�.�ding, without lirnitation; reasonable att�rney(s) fees. "Prevailing party" shall incl��de, withoLit [imitatran, a party who distnisses an �ction for• specific performance ar for darnages in exchange far su�ns allegedly due,perfo�7nance for covenants allegedly breacheci for considerati�n substant�ally e�ual ta the relief sc�ughti in the action,or which receives fi�om the ather party, in connectian with any displtte, performance substa��tially equivalent to any of these: 2�Z.Amendment vf Agreement This dc�cument, inclLlding any exhibit�, contains the entire Agree��nent between the parties and supersedes �vhat�ver oral or written �.tnderstanding they rnay have had prior to the exectirtion af this Agreement. This Agreement shall not be altered, amei�ded, or modified except by a writing�igned by City and Subdiv�der. Subdivisian Agreement Silverstone,Unit 3 7 23: �,nforcement of Agreement If any por�ti�n of this Agreement or the application thereaf tc� any person or circi�mst�nce shall be invalid or��nenfo�•ce�ble to any�xtent,the i•emainder of this Agreement sha11 nat be affected thel�eby and shall be enf�r•ced to t(le greatest extent permitted by law; �4.Dispu#es It�the event of a dispttte between the part"res hereto over the meaninb of this Agreement,no parky shatl be deemed ta have been the d�•after hereof; and the principle af law that cc�ntract� are construed agaizist the d�after slzall nat apply. 25:Effective Date The effective date of this agreerneni shall be the date it is signed by the City: Stibdivrsian Agreement'Silverstone,Unit 3 8 IN�VI'T1�tES5 VVHE �C3F; City`and Develaper have executed this Agreement on the days �nd year set forth belc�w: �I'�'I'C�Z+' lC1DIl�tG, �Municipal�orporation By Dateci: , 2Q24 : 7'�NESSA A UDE'T7'E, Mcryar Attes�t:' For�rn Ap�rovecl:' CHRISTIANM. CURTIS City Attor�ey SHARLENE TIPT�N, City Cletak 13y: CH122ISTIAN�Yl: CLJRTIS, City Attor�ney 1VI D Emmerson, Sierra Pacifc L,and and Timber �ompany By � I?ated: > 2�24 ; � MI}Emme�san; �Sier^�cr Pacific Lcr»r� ctnd Timber Corr��acrny {S�cbt�ivi��r} Subdivision Agreement:'Silverstone,Unit 3 9 C11H'BfT r�q�i J'� c�� ���, sti �te oun� of'Final ap +�curify_ ,� �ti,� __ -- __— �. �� FQR � � � , � �iJverstc�r�e Subdivi�ian, U�it � �'�r�cgF��� , ENt�INEERIPIG DIVtSI(�N P.O. Box 496071 - REDDlNG, CA 960�9-6071 (530j 225-4170 Datec 6/1;^l/2t}24 Urigina!Gonstruction Estimate: 11-15-22 $699,935 Perfcrrm�nce Security: Remaining wcark(provided by engineer) � 93,1�0 {work remaining to be corrapleted) 1tJ°Io CtJNTItdGEiVCY � 9,310 3.0%o Ii�FLATIQN $ 2s793 Performance Security $ 1o5,2t�3 Payment Security: Paymet�t Security $ 52,6U2 (5t1°lo �f Per�.Security) Tt3TAL SECURITY $ 157,805 Caleulated using Prelim. Engineer's Esfimate from SdS, dated 6-19-24 Galc'd By; Kyle A. Jones Construction Manager {530)225-418"I k1c��es�ci��c�f��ddir�c�.�r F2EV(SED 6-25-24 Silverstone U3 Security Calcs Page 1 ��j1_J�C}I� 19J�n Ji[� LJ 1'\ S�'1 f�R f�t�4 F-1 D l.l N L f�P ``J I�W't'E 1�, I(°J�,. �lCtb P�t7r. 18,{}"1�+g.p{�q �3ate: fili 91�{�24 Pl�EL1MI�ARY EhJGI�lEER'S t�Pt►�lC3�1 t�F PR�BA�L:E CCfl�lSTRUCTiQI'��ClST �C7R StLVERSTC7NE C1I�[7 3 �TEiVA t�TY U11 [�LSCRIPTION UN1T PRIC� TC?TAL EARTHW't71R1{ 1 , 1 LS Finish Grade l Cl��n UP $ 18,�}0�.{�t� $ 18,tJt70 �CJ �ubtc�tal $ �18,t1UU.{}t} ST`REET V�IC}RK 1 . 1 !.� C�nterline Mc�numents $ 3,{l{?tl.�7t? � 3,OC}�.�0 2 . 1 LS Sfripin� & �it�na�e $ S,O�CI.�� � 5,t�Ut7.�lU 3 ; 1 E� doubie Pc�st�l Pad� $ ���,�fl $ 5C}O.00� Y . G�C] ��� �3�}��� YVt��E .. . .. �.. ..�GV�.UV .�i. ��.7rV�U.VU �. o.7U���}tf�� tP LtZ:�i V�.V�� .: �w7M���HFI�+.�YY�ri� . . � . 2 EA Sanitary Ma��t�ie - lnstall top tr� rade � 1,�(}�.flC� $ � �,p{�� OQ� Subtc�t�I�$ 3,tlt�tl.0� V�JATER ��� 1 , 4 EA 8'" Gate Valve= InstalC tc�p valve br�x �� 75�7.t7(} $ 3 t�t�c� nn� Subtc�t�l��3,0�O,�t} L�RY t3TILITY BUC►t`aET 1 a 1 LS C}�y Utiiity Misc Bcrxes � $ — 7,{�t}O.C�C}� $ 7,(��0 0{7 Subfic�tai�$ ���y�.�� � Tt3TAL � 93,11�El.CtC} �lC7TEc In prc�viciing cs�s�n9crns c�f prcabable�onstructic�n cc�st,th�Client unc�erstands that t�e Cc�nsuitant has no contrcrC c�ver the cost t�r a�r�ilability af I�bc�r,equipmenf or mat�r�a��,c,r r�ver market cc�ndition�or ttte Contractc�r's methc�cl csf pricin�,and that Cansult�nt'��apinic�ns c�f pr�b�bEe cc�nstruc#icrn cc�sts�re made tsf the b�sis tsf the Con�utta�r��'s presfessic�n�l judgment and experience. The�c+nsultant�rtakes ncs warranty, express or implied,th�t the bicls c�r the nec�oti�ted�c�st crf th�1fll+ark v�rill not var�y frc�m th�Cc�nsultant's t�pinion cs�pr+a6aE�le c€�nstrucfic�n cc��t. p�ge t�ti i RANCHO ROAD � ( , , � _. � � � � � � � I ; � � o, �' j i �, ,m : � : � - – � z, __— �--- - I_. m���,` . ---- ---- ------,�,, . ( ,,,. ,, � : ., � . ---- �-- ----- ��--- `---- i SEBRING AVENUE � ,- o' - D _. __. .__ .. � : � ��LL����T��� � ; -� �J�JIT 1 i ;� � , I . - D __... __. i '� . �?.:... .. ____. .__ _�Z',, ''',. - � D� � SI�VERSTONE DRIVE o , ; �� ��i i �- _ ; % .,' .,' ,m � ! (1� l i ( `� � i Z V -' ,� i ' - ' '. � ... �`, ._. . ��� . ..._ i PARCE� A t� � � �' '— eucarri Rono � , � � -� . — D , ' G ,., ; — T � � UDP COUR / � SILVERSTONE � � �� , - , � ; � UNIT 3 0 , M°"q� � � o� � .Z7 — �' . ,oqR�� � �. � ' � , � � � � , �AY � , 1 rn 6 � 8 5 (� g ReNq��r� � `� _.� � � �, ,,� 4 �� 10 � �O Rr � �� I � � � 2 �� 11 � ���`��/��ST�I�� �i� � 1 � 1213 14 15 ���� � ��� �� r �— — -- � --- — ��, �EGEND P LEGEND LANE � ��9NF -�� / �oe � i I ��I�i �� RE��I��. — � �\, � , ° � � _ A A� �;t7 � 6 I � � I �._ I ` �, - ' . i �.� � _� —� � � UKONOM OR���' ��� HOPKINS AVENUE� � — . � � ,�T�J��SFP,I� �� D — i ' .�.���1 7 - --� ENGI�IEERING DIVIS10�1 LOCATION MAP ITEM: o� 300� �oo� SI LVERSTO N E U N IT 3 °W�. "°: °"TE: S-2019-00280/PD-5-04 AITACHMENT: BP EXHIBIT JU�Y� ZOZ4 �{�j�j� j�a.; 30�23190 PREMIUM. ��4�.00 SUBDTV7STON PERFORMANCE BOND KNQW ALL MEN BY THESE PRESENTS: '�`��� 8ierra Pacific Land and Timber Gompany 3�5; �T'tYiCl�J1� at1C� The Cantinenta(fnsurance Company � corporation 1ice��sed to transact surety busines� in the State o�` ca��torn�a , as Surety; are held�nd firml�r bound unto the caty o�t�edd�ng , as ��11b��, 121 ��'1�p�ilcll SLtri1 O� Qne Hundred�ifty-seven Thousand Eight Hundred Five&OdJ1QO � ���z;so�.aa ), for�the p�ymel�t of which sum well �tzd t�-�ly ta m�de, we bintt ourselves, our heirs, exect.�tc�rs, sl.iccessors and assigns,jointly and severall'y by these presennts. THE Ct�NDITION C}F THE ABt�VE OBLIGATION IS SUCH, that whereas s�id Principal; the owner af� trac;t of land representing a subdivision entitled , and WHEPEAS, the map of said tract on whi�h Princ�p�l desire� to constr�ict Silverstane Subdivision, Unit 3 ImprQvsments hereina�ter refe�-ed to as improvements, �nd petition the obligee to acc:ept the improvements, and WHEREAS, s�id obligee requires �bc�nd cc�nditic�iied for the imp�:�rve�nea�ts of sazd tr�et, and WHEkEAS, the Principal pi:opases at its c�wn cost and expense tc� imprc�ve s�id tract within the liznits c�f said subdivision. NOW, THERE�ORE; if the s�id Principal shall well and truly cause saici improvements, as herein before specified, within the limits of said subdivisioil to be improveci, thezi this ob��g�Cion sh�ll cease and be vaid, otherwise it sh�ll remain in ftlll f�i:ce at�d effect, and the Sc�rety c�n this bc�nd binds itseIf ta said Obligee,to the amount on the herein above stated penal sum, thaC said impravements shall be cc�mpleted it1 �ccc�rdance with the agreement between Principal �.nd Obligee. II�T VdITNESS WHL;REO�,'said Prineipal has hereunto set its h�nds and seals, and s�id Surety has ca�.ised these presents t� be executed by its officers thereunta �uthc�t•ized this ��th d�y of �une 2o2a > Sierra Pacific�and and Timber Carripany 4 ;:, . � Y' �:��:`ij^"��37�g����r a..�� (Name R Title} The Continental fnsurance Gompany By. � Heidi Bockus,Attorney-in-Fact ' Pt}lVER OF t�TTORI�E1'AFPQINTING I1�DtViQUAL ATTORNEY-IIV-FACT Cin�ow Al�Men By Thesc Prtsents,That�"1'I�e Corttivental]�rtsur�nce Gompany,a Pam�sytvaml insiirance company,iS a dtirly otganized atid ezi5Ci�7g nisurance� �co�npany havin�its princip�l office in the City of Clric�g�,axrd State ot"IRiilois,arid�tl�at it daes by vietue of ti7e��SignaYura and seal I�erein affixed here6y make,eo�istihtte �and�aPPoinC � Heidi Bockus ,Individually Seattie Washin ton �a�' , � ,its true and lawful AttorneY(sj-in-Fact�wvitl�fiilt pa�ver a1id�nuthorify�hereby��nl'err�d�o Sigia,sa�l and ex��nte�ar and on its belrat#bonds,at�dertakings and other obligeCc�ry instr��n5ents of similar r7at�rre -In Unlimited Amounts- Surery Bond Niimber: 34223190 Prinoipal: Sierra F'acifc Land and'fimber Gc�mpany (7bliaee: CItY 4f ReddinQ ��a»d to biitd theiii�tl�ereby as�fiulty��and t�r t13e same�exTent as if su�h���instrm�7ertts�vere signed by�a dt�ly sutftorized officerrof the irrsurance�eontpai�y and all the ucts t�f�saicl Attarriey;pursuant to the authority trereby giverr is herehy ratified and co�trrrned. Tliis Po�ver af AtTarn�y is mad�a��cl execi�ted pirrsuant to aatd by aut}rority oFt}te[�y-Laws arad I�esolutions;printed beiow,d��ly adopted,ss ii�dicated,by the Board of Directars aft}ie insi�rance comparry, In Witness 1Vhereof,The Coi�tit�ental InsuranccGompl�iy h�s caused these presents ta be signed�y iis Vice Presicicnt and its corporaYe seal ta he liereto affi�ed ori tiiis I3Efi dsy of March,2024: ...,.. ���.��s >, The Contineutal Insurance Company , , }�e ` . �,: '� , ,�; �� : � , :�, ��,. "�,,,�,,,.�• Larry Kasten Uice Presidei�t State of Sauth Qakota,Gounty of Minnehaha;ss: C7n t1�is 13tii day of March,202�,before nic petsonally ca�tte Larry Kasten to nie knowi�;wi�o,�rei�ig by ine di�ly sworn,did deposc and say: tlaai lie resides iri t13e City oCSioux 1=ails,State af South I7akota;ihat lie is 1 Vicc Ptesident of The Gontineiital insurance�ampany,a 1'enirsylv�ni�t itisurance compar�y,describe�!it�and wliicH e�eculed the above instr[ament,tl7at lie knaws-tlie seal ofisaid instaraitca co�tipaiay,tltat the seal affixed ko the said i�istru�nent is siiclr corpor�te seal;thaT it was so affix�d pursuant ta aulltority given by thc Board ofDirectors ofsaid insirrance campany and.ttjat he sigised his name fltereto pursuant to like auihority,and ackiiowledges same to lie �tli�aotar��l deed o!"said utst�Faneesatnpatty, � � s..,...,.,.�,w.,,..a:..}r,.�..ti�.a+ '+ PA.BENT � t r�crtaaar�u�u.�c a s : 58UTH DAKQCA �g� i�a«.�a aanti�a.�.r�a.�arara�rwaw�i. .. MyCommission Expires Mat•ch'?>202b M. Bent Notary Public CERTIF[CAT1E 1,Paula Kolsrud,AssisYant Searetary oI"flte Contiiieistal Iusitrance Ciz�npany,a F�eunsylvailia insuraiice co�npany,do�liereby certify ihat khe Power a1'Attorney herein� abctve��t fortlt is still in f�rce,and fiirtlter certily that the By-Laws and Resolutions�tSFt}he f�oard c�f[�irectors�o'fthe insur�iroe co�i9pairy pri�iC�d�below�re still i�7 force�: In tes4imor7y��hereofl have i�ereanto stubscribed my�7ame and affixed tlie seal of t{ae sard insurance con�pa��y ihis 27th ��y Q� �u�p Y �p�q *�.�,,���c��•.� The Continental Insuranee Company }� � �; : �,��'�` ��'� *�`°°_.,,,.���'"g Paula Kolsrud Assistant'Secretary Authvriaing By-Laevs anti-12esale:ti�rns ADC}PTEL7 BY TFIE SOARD(7F DIRECTt7R5 OF THE CONTINENTAL 1NSURANCG GOMPANY: This Power ofAtiomey is made and eYecuted pursuant to and by authocity ot'filre followirrg resolution duly adopted by the Board of l7irectors of tl�e Compairy at a meetittg�t�eld�t�May 10, 1�995. "RESOLVGD: TI�aY any Senior or Group Vice President may aiitiiorizc an officer to sign specific tlocunients,agreemen[s and�nstru�iients on bei�alf o€the Comparty pravided that tl�e name otsuch aiatliorized oi�(icer and a description afttie documeiits,�greentents or instrumenis that such officer ttiay s�gn wi(I Yic pravided in writing by itte Senior orGr4tiip Vice President to the`�"ecretary ofttie Company pr�or Co such��execuCion becom'ri7g effective."� Tlris Power of Attorney rs signed by Larry Kasten,Vice!'resident,wlro has been autiiorized pursuani to tlie above resolutian to etiec�ile pawer ofattart�eys on 1re17alf ofTlie Contineni�i(ns[trance�ompany. This Power of Attorney is signed aird sealed by facsim�le under and by ti7e authority ofihe followin�17esolution adopted by ihe Board af Directors af ihe'Co�npat y tiy tmanimotis Evritteir cnnsenT dated the 25t°day af April,2012: '`Whereas,tlle bylaws ofthe Com}�any or specific resolutian of Tl�e Baard of Directors has autl�arized various of'ticers(tl�a"AuThoriced dfGcers"}to execute«arious poiicics,boi�ds,undertaki��gs and other obligatory instr�nne�rks of Nke nature;and Whereas;f`rom time totime:the signature ofthe Atithoriced�t�icers in additioi9 to b�ing provided in original,hard co�y format,inay be provided via facsimiic or atlierwise in an electrpnic format(cotlecfiuely,`"E(eetroijic 5i�natures"};Now ftierefore be it rese�lveci: that't't�e Electro�7ie Sienat�ire of�ny Ant}iorized Of'6cer shall l�� valid and binding an tlie Company:" This Power of Attomey may be sig�ied by digital signiture and sealed by a digitat or otherwise electronie-fannatted corporate seaf under and bythe airthotity ofthc fallo�viiig Resalutioii adopted by tl�e Board ofDirectors oftl�e Company by unanimous wriitei7 conseni dated tlie 27th day ofAprii;20Z2i "RESOLVED:That it is itt tha best interest of the Company to periodically ratify a�1d confirm any corporate tlocuments signed'by digital signatures and to ratify and covfinn tiie:use oCa dtgital or dtCterwise electrQnic-formatt�d corporaFe scai,eaclt to 6e cc�nsidered the act and decd afthc CoFttpany.'° Forn�F6850-2/2024 � ����������� �� �������������� � nvt�ry public or at�er t���er comple�ir�c� thi� c�rtifi�c�te v�ri�es or�ly th� identity of �t�� individu�� �nrtt� ��gn�c� �F�e �c�curnent tc� �rhich ��is cer�ific�te is �ttac�r�d, �rtd r�c�t the tr�t�f�lr��s�, a��ura�y, �r v�l��ity of that dc�curr►er��, �t���,' 0'� ' Washington � {�OtJfl'�/ �� King � �� .lune 27,2Q24 ����y�� m�& Krist�NT.Lee ,Nofary Public ; � �6f�NISEf!Ii�iTkG'��� t3I. O(@.4 C@f p�rst�naliy appe�r�d H��a���CkU� A �h� prc►�ed tc� m� san th� b��is c�f�ati�f�ct�ry �videnc� �� be th� p�rson(�} �v6��se n�tm�(s} i�lar� sub��rib�d t� ��e wit�irr ir�str�m�r����d �c�no I�dg�d�o m� that h�1sF��l�h�y exec���d th� ���ne i� �i�Jher/th�ir authori�e� c�p�city��es}, �n� th�t by �i�lh�rl�h�ir sic���t���{�}c�n tk�� ir�str�ment�he per�c�r►��), �r the entit� upc�n beh�lf of �rFtic� ti�� per�c�n��� ���ed, ���cu�ed th� in�trum�n�. 1 c�r�ify �nder P'E ,�LTI' �F �'ER�IlFt� untier�he I��r� o�the 5���� of��lifQrr�i� that ��lE.'�t�CGt„�QBtlt,� ��t`r�t�T�!(ClF1 IS �Ct�E'.' +r"�Ftt� Gt�t`('�'G�. ������o���es�m���������� � ��������m ��� ���� � �� ������ � ��.� �� ���,� �� ITN�SS my hand and ��fici�l se�la � � � �� ��• � � � ,�. � � ���� � �- � ��������� tU t� P�bf�c gr� ture :��lotary Pu�ltc se�tj ���������� �6����$������ M Commission Ex ires: Der,ember 1,2026 ���'��° � � � ��� �TI � t �. 1 'Ti �s�rr��c�r�c��rs�c� � �L�°rr�t��r��s Fcr Thls fcarni cstrnplfes sc�ith ccirrerat Ca7rfarnica statsetes regcrrding raotury�eordi>ag arail; 1���CFtlPT'IC?�I OF 1'IiE A�"ACk�IEL}C}QCUMENT 1��eederl,shozatd be com,vteted rarac!attacFaed to the docetnrerrF.rtekri�,vlerigments frr��rr crther stcrres may be ccanz�ateted far dracuments bei»�serst to thcal state scs fcsng us th�F�rtrdin�dsaes noJ r�qarare the L`atffornra natary to uicalate G'ert if4rr�in notar}, lcntr_ (Tiil�or de�rip2�sn crf a �tf dc�curr�eat} _ a 5t�te and Cc�unty inFomaaticsn must be!he State arad Cuunty�vhere the document si�ner(s)persc�nally appeazed beE"o�e the notary ptablic far acMowled�ment; (TiU�or 'pfion oi a' ed d� rst cc�ntinued� A I3ate af notari�aiic�n must be the date that the si�ner(s}pers�na3ly appeared svhicK must atso E�e the same date the�cknowledgment is sornpteted. � 'Che saotary pubIsc must print his oe her narr�e a� it �PPears within his or fier Nllti'ib@P 0����5 �{kGUP11Et1f D��� c�mmissian fcsllovved tay a comma and tFren your titie{natary public), * Frint the n�sne(s) of dcicument signer(sj �vho petsrsnafty appear at the time�f ncstarizaEiats. CAF'ACITY CL.AI{�tIEC}B��HE Si��1ER � lndic�te the carrecc singul�r crr plural forms by crossing off inc�ser�ct fam�s(i.e. � �tldlVidU,��(5} shet �, is 1 }or cisc[ing the correct forcns.Eailure to ccsrre�tty indicate this informa�ion may'te�d to rejectic�n of d�cument reccrrding. � �OP�Cfi'��B CK?t s The not�ry seal impressian cs�usi he ctear and photo�raphicatly reproducibte. Impressioa raaust ncst caver text or iines:If seal irnpression smudges,re-se�3 if a t4� suffic��nt area perrnit�,o[herwa`se camgletc s diff'erent acAnawledgrt�ent form. ❑ ��I'�t1�C�5} � Si�rsatttre�f'tFte naEasy pub!€c must mat�h the signature�n file tvith the offic�af th�ca�€rnty clerk. �] R�C1G'it@J�-1Ct-��C� � Addi�itsnat inf�emation is inot eequited but could hetp to ensure this [� T�US��:�{S} ac�rto`v9edg�neratis nat misused mr attached to a different document. � C���i�C � Ind'acate title or type of attached documesst,nnmber af pages�nd date. *: [ndicate th�capacity cEaamed by the signer.If the eiaimed capacity is a corporaste officer,indicate the tit[e(i:e:CEt�,GFO,Secretary}. 2�"�9�`�l�r�rc�n;.rvcr�,��.t��e�t�r�Cl�s���c�rr�E����,�r,i�-�����, o Securely attach this cE�cum�nt to the signed document svfih a staple,