01-19-2021 - AGENDA ITEM 10 CONSIDERATION OF RELEASE OF FAITHFUL PERFORMANCE AND LABOR AND MATERIAL BONDS FOR ADMINISTRATIVE USE PERMIT NO. 16-16 AND 16-54 – 524 S. BARRANCA STREAGENDA ITEM NO. 10
AGENDA STAFF REPORT
City of West Covina I Office of the City Manager
DATE: January 19, 2021
TO: Mayor and City Council
FROM: David Carmany
City Manager
SUBJECT: CONSIDERATION OF RELEASE OF FAITHFUL PERFORMANCE AND LABOR AND
MATERIAL BONDS FOR ADMINISTRATIVE USE PERMIT NO.16-16 AND 16-54 — 524
S. BARRANCA STREET
RECOMMENDATION:
It is recommended that the City Council accept all on -site and off -site improvements for Administrative Use
Permit Nos. 16-16 and 16-54 located at 524 S. Barranca Street and authorize the release of Faithful
Performance and Labor and Material Bonds in the amount of $10,814 and $8,000 respectively.
DISCUSSION:
The applicant, Wenjian Liao, submitted an application to construct a 5,109-square foot single-family home,
"large home," on Lot 1 of Parcel Map 73142. The applicant complied with all conditions contained in the
Planning Commission Resolution No. 567 and on January 8, 2018, the City of West Covina and Wenjian Liao
executed an Improvement Agreement for the required on -site and off -site improvements in accordance with the
conditions of approval for the construction. A form of security was required to be posted to guarantee the
construction of the required improvements to the satisfaction of the City Engineer. Wenjian Liao posted a
Faithful Performance Bond in the amount of $10,814 and a Labor and Material Bond in the amount of $8,000.
All improvements have been completed in accordance with the Improvement Agreement and to the satisfaction
of the City Engineer; therefore, Wenjian Liao is requesting the release of the bonds. Staff recommends that the
City Council accept the improvements and authorize the release of the Faithful Performance and Labor and
Material in accordance with the Improvement Agreement.
OPTIONS:
The City Council has the following options:
1. Approve Staff's recommendation; or
2. Provide alternative direction.
Prepared by: Michael Ackerman, PE, City Engineer
Fiscal Impact
FISCAL IMPACT:
None.
CITY COUNCIL GOALS & OBJECTIVES: Enhance the City Image and Effectiveness