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CITY OF COLTON <br />AGENDA REPORT <br />FOR THE CITY COUNCIL MEETING OF JANUARY 17, 2006 <br />TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS <br />FROM: AMER JAKHER, P.E., CITY ENGINEER <br />SUBJECT: AUTHORIZATION TO RELEASE THE PERFORMANCE BOND <br />WITH THE BLUE MOUNTAIN ESTATES FOR THE EARLY <br />COMMENCEMENT OF GRADING FOR TRACT 16289. <br />DATE: DECEMBER 22, 2005 <br />Tract Map 16289 consists of a residential tract development of 92 lot subdivisions, located on the <br />easterly side of New Reche Canyon Road and notherly side of Shadid Drive. The proposed tract is <br />being constructed by Blue Mountain Estates. <br />A request for early commencement of grading was submitted by the Developer prior to recordation <br />of the Tract Map 16289 and was approved by the City Council on October 10, 2004. The City has <br />required the developer to enter into a grading agreement to assure completion of the grading <br />operation. Bonds for Landscaping/ Re -Vegetation and Grading Bond are also required as part of the <br />agreement. <br />ANALYSIS/DISCUSSION: <br />The developer has completed the grading operation and complied with the City's requirements and <br />is requesting for the release of 125 % of Grading Bond in the amount of S 3,428,900.00. <br />ENVIRONMENTAL IMPACT: <br />An Environmental Impact Report was prepared as part of the Tract Development. <br />CONFLICT OF INTEREST <br />Exact Business Name: Trinity-Peppertree, LLC <br />President or Equal: Wyn Hohnes <br />Contact Representative: Wyn Holmes <br />