File #: 20-0751    Version: 1 Name:
Type: Agenda Item Status: Agenda Ready
File created: 10/15/2020 In control: City Council
On agenda: 1/12/2021 Final action:
Title: Request City Council 1) Accept Public Improvements and Accept payment from Lewis-Hillwood Rialto Company, LLC (LHR) in the amount of $134,490.32; 2) Authorize the Interim City Engineer to File the Notice of Completion, and; 3) Approve the GASB 34 Report, all related to Construction and Credit Agreement by and between the City of Rialto and Lewis-Hillwood Rialto Company, LLC (LHR) related to the Medline Project and Niagara Project.
Attachments: 1. Attachment 1_Medline Construction and Credit Staff Report.pdf, 2. Attachment 2_Niagara Construction and Credit Agreement Staff Report.pdf, 3. Attachment 3_Reimbursement Request Medline.pdf, 4. Attachment 4_Reimbursement Request Niagara.pdf, 5. Attachment 5_GASB34
For City Council Meeting [January 12, 2021]
TO: Honorable Mayor and City Council
APPROVAL: Sean Grayson, Acting City Manager
FROM: Michael Tahan, Interim Public Works Director

Title
Request City Council 1) Accept Public Improvements and Accept payment from Lewis-Hillwood Rialto Company, LLC (LHR) in the amount of $134,490.32; 2) Authorize the Interim City Engineer to File the Notice of Completion, and; 3) Approve the GASB 34 Report, all related to Construction and Credit Agreement by and between the City of Rialto and Lewis-Hillwood Rialto Company, LLC (LHR) related to the Medline Project and Niagara Project.

Body
BACKGROUND
On January 27, 2015, the City's Design Review Committee (the "DRC") reviewed the Precise Plan of Design for the Medline Project (PPD 2365) and established Conditions of Approval (COA) for the development of the Medline Project. The COA's require Medline/LHR to construct certain off-site public improvements including the construction of Locust Avenue along the Project's frontage and the construction of a master planned sewer line and storm drain in Locust Avenue (the "Public Improvements").

On February 3, 2015, the City's Development Review Committee (the "DRC") reviewed the Precise Plan of Design (PPD 2363) and established various Conditions of Approval (COA) for the development of the Niagara Project. The COA's require LHR/Niagara to construct certain off-site public improvements including the construction of Alder Avenue along the Project's frontage, the construction of a master planned storm drain facility within the Laurel Avenue Utility corridor, and the reconstruction of the traffic signal at Walnut Avenue and Alder Avenue (the "Public Improvements").

On March 10, 2015, the City Council adopted Resolutions approving Construction and Credit Agreements by and between the City of Rialto and Lewis-Hillwood Rialto Company, LLC (LHR) related to the construction of various public improvements for the Medline Distribution Facility Pr...

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