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16213 Los Gatos Blvdown of MEETING DATE: 3/19/12 ITEM NO: I tl'VY I !� CAS OS COUNCIL AGENDA REPORT DATE: FEBRUARY 24, 2012 TO: MAYOR AND TOWN COUNCIL FROM: GREG LARSON, TOWN MANAGER SUBJECT: TRACT NO.10110 LOCATED AT 16213 LOS GATOS BLVD (FORMER HONDA SITE) ADOPT RESOLUTION APPROVING FINAL MAP FOR TRACT NO. 10110 LOCATED AT 16213 LOS GATOS BOULEVARD (FORMER HONDA SITE), ACCEPTING THE DEDICATIONS, AND AUTHORIZING THE TOWN MANAGER TO EXECUTE THE CONTRACT FOR PUBLIC IMPROVEMENTS. RECOMMENDATION Adopt resolution approving the Final Map for Tract No. 10110 located at 16213 Los Gatos boulevard (former Honda Site), accepting the dedications, and authorizing the Town Manager to execute the contract for public improvements. BACKGROUND The Town Council adopted Ordinance 2203 on October 17, 2011, approving planned development application PD- 10 -04. Ordinance 2203 approved removal of existing auto dealership, construction of a total of 22 single - family detached residences, of which 21 single - family residences are market rate, and provision of 2 BMP units (one moderate income unit on- site and one low income unit located at an off -site location within the Town, as approved by the Town Council), and landscaping, private street, parking and other improvements shown and required on the Official Development Plans and Standard Performance as listed in Ordinance 2203. The Development Review Committee approved the Tentative Map (M -11 -012) on November 15, 2011. PREPARED BY : TODD CAPURSO Director of Parks and Public Works Reviewed by: by$ Assistant Town Manager Town Attorney F inance N:\PPW \MANAGEMENT\COUNCII. \COUNCIL REPORTS\2012 ReportsWarch 19\LGB -16213 TnctAppTC_Report.docx PAGE FEBRUARY 24, 2012 MAYOR AND TOWN COUNCIL SUBJECT: TRACT NO.10110 —16213 LOS GATOS BLVD (HONDA SITE) DISCUSSION Tract No. 10110 subdivides two existing parcels totaling 1.9 acres into 22 single family lots, and one private street parcel. The developer, Robson Homes, LLC, has provided all necessary maps and drawings, in addition to contracts, bonds /security, and liability insurance (Attachment 2). The developer has paid the appropriate fees to fully comply with the previously- imposed development conditions and Town ordinances, as listed on Page 2 of this report. The developer will replace the public curb, gutter, and sidewalk on the entire perimeter of the project (Los Gatos Boulevard, Mitchell Avenue, George Street, and Roberts Road frontages). New street lights, curb ramps, and landscaping will also be provided on the full project perimeter. A bus pad and pull -out and a landscaped median island will be provided on Los Gatos Boulevard. The existing sidewalk on the south side of Mitchell Avenue will be extended to George Street, and the existing up -lifted curb on George Street will be repaired. The traffic signal at the Los Gatos Boulevard intersection at Shannon and Roberts Roads will be modified to improve safety and pedestrian access. Public storm, water, sewer and dry utilities will also be extended into the property to provide services to the proposed homes. ENVIRONMENTAL ASSESSMENT This activity is a project as defined under the California Environmental Quality Act (CEQA) but is ministerial; therefore no further action is required under CEQA. FISCAL IMPACT The developer, Robson Homes, LLC, has paid the following subdivision map related fees: 1. Tract Map Checking fee .... ..............................$ 18,547.00 2. Engineering Plan Check fee .............................. 20,429.17 3. Engineering Inspection fee ............................... 16,646.64 5. Storm Drainage fee (Basin 1) ........................... 6,847.44 Total $62,470.25 Attachments: 1. Resolution Approving Final Map for Tract No. 10110 — 16213 Los Gatos Blvd (Honda Site) 2. Improvement Contract, Bonds and Insurance Requirements Distribution Robson Homes, LLC, 2185 The Alameda, San Jose, 95126 Attachment 1 RESOLUTION RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS APPROVING FINAL MAP OF TRACT NO. 10110 LOCATED AT 16213 LOS GATOS BLVD (FORMER HONDA SITE) ACCEPTING THE DEDICATIONS AND AUTHORIZING THE TOWN MANAGER TO SIGN THE CONTRACT WHEREAS, on November 15, 2011, the Development Review Committee of the Town of Los Gatos approved the Tentative Map Application M -11 -012, with conditions; and WHEREAS, those conditions required the Owner or Subdivider to do the following: 1. That prior to the delivery of said Map to the Owner of said subdivision, and prior to its recordation, the Owner or Subdivider of said subdivision shall enter into and execute an agreement between the Town of Los Gatos and the said Owner or Subdivider on that certain proposed Subdivision Agreement on file in the Office of the Town Clerk, entitled, "Contract for the Improvement of Tract No. 10110 — 16213 Los Gatos Blvd (Honda Site) ", wherein the Owner or Subdivider in consideration of the approval of said Map by the Town and acceptance by the Town of the dedication of lands for public use therein contained, shall agree to construct and complete, within the time specified in said agreement, all street and other improvements required of Owner or Subdivider under the provisions in Chapter 27 of the Code of the Town of Los Gatos, and such other street, sewer, or other improvements designated or mentioned in said agreement and/or and as specified in the Plans and Specifications for the Improvement of Tract No.10110. 2. That said Owner or Subdivider shall, before the release of said Final Map to Owner of Record, and as a condition precedent to the recordation thereof, furnish to the Town and file with the Town Clerk cash, or a good and sufficient bond in form to be approved by the Town Attorney, securing the faithful performance by said Owner or Subdivider of all work, and the construction of all improvements herein in this agreement mentioned, and within the time herein specified, the amount of cash or said bond to be three hundred sixty six thousand one hundred sixty six and 00 /100 Dollars ($366,166.00). 3. That said Owner or Subdivider shall, before the release of said Final Map to Owner of Record, and as a condition precedent to the recordation thereof, furnish to the Town and file with the Town Clerk cash, or a good and sufficient bond in form to be approved by the Town Attorney, securing the labor and materials for all work, the amount of cash or said bond to be three hundred sixty six thousand one hundred sixty six and 00 /100 Dollars ($366,166.00). 4. That said Owner or Subdivider shall, before the release of said Final Map to Owner of Record, and as a condition precedent to the recordation thereof, furnish to the Town and file with the Town Clerk cash, or a good and sufficient bond in form to be approved by the Town Attorney, securing the median landscape maintenance work, the amount of cash or said bond to be five thousand two hundred and 00 /100 Dollars ($5,200.00). 5. That said Owner or Subdivider shall, before the release of said Final Map to Owner of Record, and as a condition precedent to the recordation thereof, furnish to the Town and file with the Town Clerk certificates or policies of public liability and property damage insurance in form satisfactory to the Town Attorney, providing public liability insurance in the amount of Five Hundred Thousand ($500,000.00) Dollars for each person, and One Million ($1,000,000.00) Dollars for each accident or occurrence, and property damage coverage of Two Hundred Thousand ($200,000.00) Dollars whereby the Town of Los Gatos, and in their capacity as such, its Council members, officers, boards, commissions, and its employees will be insured, indemnified, and held harmless from any and all claims of any kind or nature arising or resulting from the construction of said improvements or other work of subdividing within or outside the said subdivision, and/or arising or resulting from or concerning the doing or failing to do so by said Owner or Subdivider of all things required to be done in the above mentioned agreement between said Owner or Subdivider and the Town of Los Gatos. WHEREAS, the Owner or Subdivider has complied with the conditions of Tentative Map Application M -11 -012. NOW, THEREFORE, IT IS RESOLVED that the certain Final Map of Tract No. 10110 in the Town of Los Gatos, dated February 2012, and prepared by Civil Engineering Associates, for approval by the Town Engineer of the Town of Los Gatos, is hereby approved; the Town Manager is hereby authorized to execute the agreement with the Subdivider and all offers of land for public use therein made on said Map are hereby accepted. PASSED AND ADOPTED at a regular meeting of the Town Council held on the -`h day of , 2012 by the following vote: COUNCIL MEMBERS: AYES: NAYS: ABSENT: ABSTAIN: SIGNED: MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CA ATTEST: CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA Attachment 2 TOWN OF Los GATos PARKS & PUBLIC WORKS DEPARTMENT SERVICE CENTER ENGINEERING DIVISION 41 MILES AVENUE PHONE (408) 399 -5771 Los GATOS, CA 95031 FAx (408) 399 -5763 CONTRACT FOR THE IMPROVEMENT OF TRACT NO. 10110 -16213 LOS GATOS BLVD (HONDA SITE) LOS GATOS, CALIFORNIA This agreement, made and entered into, effective upon the last date this document is signed by the parties hereto, by and between the TOWN OF LOS GATOS, a municipal corporation of the State of California, after this called "TOWN," and Robson Homes, LLC, after this called "SUBDIVIDER," whose principal place of business is 2185 The Alameda Suite 150, San Jose, 95126. WITNESSETH WHEREAS, SUBDIVIDER is engaged in subdividing that certain Tract of land known and designated as Tract No. 10110 — 16213 Los Gatos Blvd, in the Town of Los Gatos, County of Santa Clara, State of California, and WHEREAS, a Tract Map of Tract No. 10110 — 16213 Los Gatos Blvd, after this called "MAP," has been filed with the Town Clerk of Los Gatos, which map is incorporated herein by reference; and WHEREAS, SUBDIVIDER has requested approval of the MAP before the completion of improvements of all streets, highways, or public ways and storm drainage facilities that are a part of or appurtenant to Tract No. 10110 — 16213 Los Gatos Blvd, including the necessary curbs, gutters, paving, catch basins, pipes, culverts, storm drains, sanitary sewers, street lighting and street trees, street signs, including water system and fire hydrants acceptable to San Jose Water Company and Santa Clara County Central Fire Protection District, all according to the plans and specifications for all or any of said improvements in or appurtenant to Tract No. 10012 —16213 Los Gatos Blvd, which plans and specifications are now on file in the Office of the Town Engineer of said TOWN; the plans and specifications are composed of: Sheets numbered: Cl -C17 (19 sheets) Prepared by: Civil Engineering Associates Entitled: Plans for the Improvement of Tract No. 10110 Dated: March 2, 2012 ".1fl. Sheets numbered: El -E2 (2 sheets) Prepared by: Hexagon Transportation Consultants, Inc. Entitled: Los Gatos Blvd. and Roberts Road/Shannon Road Traffic Signal Modification Dated: March 12, 2012 N:\PPWV MANAGEMENT \COUNCIUCOUNCILREPORTS12012 ReportsWarch 1%LGB -16213 ConnactBond.docx Page 2 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 M Sheets numbered: LI, I1, & 12 (3 sheets) Prepared by: Design Focus Entitled: Median Landscape Plan, Overall Irrigation Schematic Plan, Irrigation Details Dated: March 2, 2012 0"M Sheets numbered: JTl -JT4, SLl -SL2 (6 sheets) Prepared by: Giacalone Entitled: Joint Trench Composite Title Sheet, Joint Trench General Notes & Details, Joint Trench Sections & Details, Joint Trench Composite Plan, Street Lighting Title Sheet, Street Lighting Site Plan Dated: January 19, 2012 (JTl -JT4); January 23, 2012 (SLl -SL2) After this called "PLANS"; and WHEREAS, the Town Council of said TOWN did, on the day of , 2012, adopt a Resolution approving the MAP and accepting the dedications therein offered, subject to and on condition that the SUBDIVIDER first enter into and execute this Agreement with the Town of Los Gatos, and provide the TOWN with such security for performance and insurance and all other things as required by this Agreement and by the Resolution; NOW, THEREFORE, to insure satisfactory performance by SUBDIVIDER of these obligations, and in consideration of the approval of the MAP, the parties now agree as follows: 1. APPROVAL OF MAP The Town approves the subdivision and agrees to accept the dedications of related public improvements for future maintenance. 2. COMPLETION TIME SUBDIVIDER shall construct all of the improvements and do all the work herein above or hereinafter mentioned, all according to and to the extent and as provided in the PLANS and to meet all Town Ordinances and the laws of the State of California. Work shall be completed within two (2) years from the date of this Agreement. 3. DEDICATIONS TO THE TOWN As part of the performance of its obligations under the approval, the SUBDIVIDER shall grant to the TOWN for public use, the real property as shown on MAP of the SUBDIVIDERS property to be used for public utility purposes, using such instruments of conveyance as the TOWN may require. The SUBDIVIDER warrants that the TOWN will receive title to such real property, free of encumbrance. This warranty shall survive delivery of the instrument. N:\PPW\MANAGEMENT\ COUNCIL \COUNCIL REPORTSM12 Reports\March 19 \LGB -16213 ContraetBond.doex Page 3 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 4. MEDIAN LANDSCAPE MAINTENANCE As part of the performance of its obligations under the approval, the SUBDIVIDER shall guarantee implementation and maintenance of the median landscaping in conformance with the Plans for the Improvement of Tract No. 10110. After acceptance by the Town of median landscape improvements, future maintenance of the median landscaping, as listed in the Plans for the Improvement of Tract No. 10110, will require the SUBDIVIDER to obtain an Encroachment Permit from the Parks and Public Works Department. G�0►_ \YYIIal111Y�at. 71[ 7]_31% /: \ ►`C�l1I9s�YI117YY'1 SUBDIVIDER shall, before the release of the MAP by the TOWN, for filing for record and as a condition precedent to the recordation of it, furnish to the TOWN and file with the Town Clerk cash, an instrument of credit, or a bond as provided by the Subdivision Map Act, in a form approved by the Town Attorney, securing performance by SUBDIVIDER of all public work shown on the Plans, and completion within the agreed time. The amount of cash, instrument of credit or bond shall be three hundred sixty six thousand one hundred sixty six and 00 /100 Dollars ($366,166.00). It is further agreed that after final acceptance of the work, ten (10 0 /6) percent of the bond or cash shall remain in effect to guarantee the repair and replacement of defective materials and construction, furnished or done by the SUBDIVIDER discovered within one (1) year after final acceptance of the subdivision improvements by the TOWN. This limitation on the security does not shorten any time during which the TOWN may act to enforce the SUBDIVIDER's obligations under the terms of this agreement, nor shorten any time during which TOWN or any other person may bring an action in an appropriate court regarding the subject or performance of this agreement. 6. LABOR AND MATERIALS SUPPLIERS SECURITY SUBDIVIDER shall, before release of the MAP by the TOWN, and as a condition precedent to its recordation, also famish the TOWN and file with the Town Clerk cash, an instrument of credit, or a good and sufficient bond in form approved by the Town Attorney, securing payment to the Contractor, Subcontractors, and to persons renting equipment or furnishing labor or materials to them for the improvements, the amount of additional cash, instrument of credit, or bond to be three hundred sixty six thousand one hundred sixty six and 00/100 Dollars ($366,166.00). 7. MEDIAN LANDSCAPE MAINTENANCE SECURITY SUBDIVIDER shall, before release of the MAP by the TOWN, and as a condition precedent to its recordation, also furnish the TOWN and file with the Town Clerk cash, an instrument of credit, or a good and sufficient bond in form approved by the Town Attorney, securing payment to the Contractor, Subcontractors, and to persons maintaining landscaped medians, the amount of additional cash, instrument of credit, or bond to be five thousand two hundred and 00 /100 Dollars ($5,200.00). The two (2) year period for bond obligation begins on the date of final acceptance, but this limitation on the security for maintenance does not shorten anytime during which the TOWN may act to enforce the SUBDIVIDER'S obligations under the terms of this agreement nor shorten N:\PPWIMANAGEMENI1COUNCIL \COUNCIL REPORTS\2012 ReportsNarch 19\LGB -16213 ConuuctBond.docx Page 4 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 anytime during which the TOWN or any other person may bring an action in an appropriate court regarding the subject or performance of this agreement. 8. HOLD HARML SUBDIVIDER does expressly agree to defend, indemnify and hold harmless the Town of Los Gatos, its Town Council Members, Boards, Commissions, employees and agents, from any and all loss or damage, and from any and all liability, including cost of defense, for any and all loss or damage, and from any and all suits, actions or claims filed or brought by any or all persons or person because of or resulting from the acts by SUBDIVIDER of any and all things required of SUBDIVIDER by this Agreement, or because of or arising or resulting from the failure or omission by SUBDIVIDER to do any and all things necessary to and required by this Agreement or by law, or arising or resulting from the negligent acts by SUBDIVIDER, SUBDIVIDER's agents, employees or subcontractors of any and all things required to be done by this Agreement, or arising or resulting from any dangerous or defective condition arising or resulting from any of the above said acts or omissions of SUBDIVIDER, SUBDIVIDER's agents or employees. 9. INSURANCE SUBDIVIDER shall, before the release of the MAP by the TOWN and as a condition precedent to the recordation thereof, furnish to the TOWN and file with the Town Clerk, and at all times during the performance of its obligations under this Agreement maintain the insurance described in Exhibit A. 10. TIME EXTENSIONS If performance of this Agreement should be delayed without fault of the SUBDIVIDER, the time for the construction of same may be extended by the Town Council for such period of time as is reasonable delay. 11. STORM DRAINAGE SUBDIVIDER expressly agrees, at the SUBDIVIDER's cost and expense, to provide adequate drainage within the aforementioned Tract No. 10110 — 16213 Los Gatos Blvd and construct storm drainage discharge facilities into the public storm drain system. 12. STORM DRAINAGE FEE SUBDIVIDER has agreed to pay to the TOWN via Agreement for Delayed Payment storm drainage fees pursuant to the provisions of Chapter 24 of the Los Gatos Town Code, in the total amount of six thousand eight hundred forty seven and 44/100 Dollars ($6,847.44), calculated at the rate of $3,600.00 per acre for the area within the boundaries of Tract No. 10110 — 16213 Los Gatos Blvd. SUBDIVIDER has reviewed the calculations for the storm drainage fees and agrees that they are correct. 13. MAP CHECK, PLAN CHECK AND INSPECTION FEES N:\PPW\MANAGEMFI \COUNCIL REPORTS\2012 Reports\Manh 19\LGB -16213 Cont=tBond.docx Page 5 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 SUBDIVIDER has paid the TOWN the sum of eighteen thousand five hundred forty seven and 00 /100 Dollars ($18,547.00) to defray the costs incurred by the TOWN in reviewing and checking the MAP for Tract No. 10110 — 16213 Los Gatos Blvd, the sum of thirty seven thousand seventy five and 81/100 Dollars ($37,075.81) to defray the costs incurred by the TOWN in reviewing and checking the Plans and Specifications, and inspecting the construction of the required improvements of said Tract. 14. MAINTENANCE OF PUBLIC INFRASTRUCTURE The SUBDIVIDER shall maintain all public infrastructure (streets, sidewalks, right -of -way, street light, storm drainage facility, sanitary sewer, etc.) in a safe and usable condition at all times during construction. Should any public infrastructure become unsafe, unusable or inoperable because of the SUBDIVIDER's activities, the SUBDIVIDER shall immediately cease all work on the project until the public infrastructure is made safe and usable, for which the SUBDIVIDER shall be solely responsible. Additionally, notwithstanding acceptance by Town, Subdivider shall maintain and perform or cause to be performed repairs, additions, or corrective work necessitated by Subdivider's omission or deficient performance for one year after acceptance. 15. CERTIFICATES OF OCCUPANCY The TOWN will not issue any Certificates of Occupancy for homes to be built within Tract No. 10110 —16213 Los Gatos Blvd until all improvements shown on the PLANS have been completed by the SUBDIVIDER to the satisfaction of the Town Engineer. 16. AS -BUILT PLANS After completion of the construction of all work in the public right -of -way or public easements, the original plans shall have all changes (change orders and field changes) clearly marked. The "As- built" plans shall again be signed and "wet- stamped" by the engineer who prepared the plans, attesting to the changes. The original "As- built" plans shall be reviewed and approved by the Engineering Inspector. A photo Mylar of the approved "As- built" plans shall be provided to the TOWN before the release of the Faithful Performance Security, 17. NOTICES Notices regarding this Agreement shall be given as follows and shall be considered effective upon either personal delivery or five (5) days following deposit in the U.S. Mail: To SUBDIVIDER: Robson Homes, LLC Attn: Mark Robson 2185 The Alameda, Suite 150 San Jose, CA 95126 To TOWN: Kevin Robani, Town Engineer Parks and Public Works Department 41 Miles Avenue Los Gatos, CA 95030 N:\PPW\MANAGEMENT \COUNCMCOUNCIL REPORTS\2012 Reports\Marcb 19\L.GB -16213 ContractBond.docx Page 6 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 WE Iz:\VIa1N Waiver of a breach of default under this Agreement shall not form a continuing waiver or a waiver of a subsequent breach of the same or any other provision of the Agreement. 19. SEVERABILITY If any term of this Agreement is held invalid by a court of competent jurisdiction, the remainder of this Agreement shall remain in effect. 20. ENTIRE AGREEMENT AND AMENDMENT This Agreement constitutes the complete and exclusive statement of this agreement between TOWN and SUBDIVIDER. No verbal agreement or conversation with any officer, agent, or employee of TOWN, either before, during or after the execution of this Agreement, shall affect or modify any of the terms or obligations contained in the Agreement. 21. PAYMENT OF OUTSTANDING FEES Prior to acceptance of public improvements for permanent maintenance by Town, Subdivider shall pay all outstanding fees which are due in accordance with this Agreement and the Code of the Town of Los Gatos. 22. REVERSION TO ACREAGE If Subdivider fails to perform its obligations under this Agreement, Subdivider consents to reversion to acreage of the land which is the subject of this Agreement pursuant to Government Code Section 66499.16 and to bear all applicable costs. 23. ACTIONS TO ENFORCE If any action at law or equity, including an action for declaratory relief, is brought to enforce or interpret the provisions of this Agreement, the prevailing party shall be entitled to reasonable attorneys' fees, expert witness fees and costs, in addition to any other relief to which they may be entitled. 24. REIMBURSEMENT OF ATTORNEYS FEES In the event of any third party claim or legal challenging any action taken by Town with regard to any procedure or aspect of this Agreement, including approval or environmental review process, if the Town chooses to defend the claim or action, the Subdivider agrees to reimburse the Town for attorneys' fees, expert witness fees, and any other costs Town may incur in connection with its retention of legal counsel, and for any award of court costs of fees against the Town. N:\PPW\MANAGEMEN'nCOUNCn. \COUNCIL REPORTM012 Reports\Mamh 19\LGB -16213 ContractBond.doex Page 7 TOWN OF Los GATOs Contract for the Improvement of Tract No. 10110 F3. 1 !!:7alal iIOWN0HIVV11. MejDMIDINy This Agreement pertains to and runs with the land benefited by the privileges it grants and binds the successors in interest of the parties to this Agreement. This Agreement shall be recorded in the Official Records of the County of Santa Clara. N:\PPWVvIANAGEMENT\COUNCTL \COUNCIL REPORTS\2012 ReportsWarch 19\LGB -16213 ContractBond.doex Page 8 TOWN OF LOS GATOS Contract for the Improvement of Tract No. 10110 TOWN OF LOS GATOS DATE DATE: N:\PPW\MANAGEMENT%COUNCU- %COUNCIL REPORTS\2012 ReportsWarch 19\LGB -16213 ContractBond.docx DATE: TOWN MANAGER ATTEST: DATE: CLERK ADMINISTRATOR APPROVED AS TO FORM: DATE: TOWN ATTORNEY RECOMMENDED BY: DATE: DIRECTOR OF PARKS AND PUBLIC WORKS DATE DATE: N:\PPW\MANAGEMENT%COUNCU- %COUNCIL REPORTS\2012 ReportsWarch 19\LGB -16213 ContractBond.docx FAITHFUL PERFORMANCE BOND WHEREAS, the Town of Los Gatos, State of California and Robson Homes, LLC, (herein designated as "PRINCIPAL ") have entered an agreement by which PRINCIPAL agrees to install and complete certain designated public improvements, which said agreement, dated , 2012, and identified as Tract No. 10110 —16213 Los Gatos Blvd, is hereby referred to and made a part hereof; and WHEREAS, said PRINCIPAL is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. NOW, THEREFORE, we, the PRINCIPAL and , as Surety, are held and firmly bound unto the Town of Los Gatos (hereinafter called "TOWN "), in the penal sum of three hundred sixty six thousand one hundred sixty six and 00 /100 Dollars ($366,166.00) lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, formally by these presents. The condition of this obligation is such that if the above bounded PRINCIPAL, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless TOWN, its officers, agents and employees, as therein stipulated, and this obligation shall become null and void; otherwise it shall be and remain in full force and effect. PRINCIPAL and Surety further agree that upon TOWN's final acceptance of the work, ten percent (10 %) of this bond shall remain in effect to guarantee the repair and/or replacement of defective materials and/or construction, one (1) year after TOWNS final acceptance of the work. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by TOWN in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof, this instrument has been duly executed by the PRINCIPAL and Surety above named, on PRINCIPAL: Address Notary Acknowledgment Required SURETY: Address , 2012. N :\PPWWANAGEMENT\COUNCIIA\COUNCII. REPORTS\2012 ReportsWarch 19\LGB -16213 ContmetBond.docx Mryb,��N M WS 11430 WHEREAS, the Town of Los Gatos, State of California, and Robson Homes, LLC, (hereinafter designated as "PRINCIPAL ") have entered an agreement whereby PRINCIPAL agrees to install and complete certain designated public improvements, which said agreement, dated , 2012, and identified as Tract No. 10110 —16213 Los Gatos Blvd, is hereby referred to and made a part hereof, and WHEREAS, under the terms of said agreement, PRINCIPAL is required before entering upon the performance of the work, to file a good and sufficient payment bond with the Town of Los Gatos to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said PRINCIPAL and the undersigned as Corporate Surety, are held firmly bound unto the Town of Los Gatos and all contractors, subcontractors, laborers, material suppliers and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of three hundred sixty six thousand one hundred sixty six and 00 /100 Dollars ($366,166.00) for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount herein above set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the TOWN in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the PRINCIPAL and Surety above named, on 1 2012. PRINCIPAL: SURETY: Address Notary Acknowledgment Required Address N: \PPW\ MANAGEMENTICOUNCB .ICOUNCILREPORTS\2012 ReportsWarch 191LGB -16213 ContractBond.docx MEDIAN LANDSCAPE MAINTENANCE BOND WHEREAS, the Town of Los Gatos, State of California, and Robson Homes, LLC, (hereinafter designated as "PRINCIPAL ") have entered an agreement whereby PRINCIPAL agrees to maintain certain median landscaping, which said agreement, dated , 2012, and identified as Tract No. 10110 —16213 Los Gatos Blvd, is hereby referred to and made a part hereof, and WHEREAS, under the terms of said agreement, PRINCIPAL is required before entering upon the performance of the work, to file a good and sufficient payment bond with the Town of Los Gatos to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said PRINCIPAL and the undersigned as Corporate Surety, are held firmly bound unto the Town of Los Gatos and all contractors, subcontractors, laborers, material suppliers and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of five thousand two hundred and 00 /100 Dollars ($5,200.00) for median landscape maintenance thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount herein above set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the TOWN in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. PRINCIPAL and Surety further agree that upon TOWN's final acceptance of the work, the full amount (100 0 /,) of the bond shall remain in effect to guarantee the maintenance of the landscaped median, and the repair and/or replacement of defective materials and/or construction, two (2) years after TOWN'S final acceptance of work It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the PRINCIPAL and Surety above named, on PRINCIPAL: 1 2012. Address Notary Acknowledgment Required SURETY: Address N:\PPw\MANAGEMENT\COUNCIL \COUNCIL REPORTS\2012 Reports\tdamh 19\LGB -16213 ContmctBond.docx THIS PAGE INTENTIONALLY LEFT BLANK INSURANCE REQUIREMENTS A. MINIMUM SCOPE OF INSURANCE Coverage shall be at least as broad as: 1. Insurance Services Office form number GL 0002 (Ed. im) covering Comprehensive General Liability and Insurance Services Offices form number GL 0404 covering Broad Form Comprehensive General Liability; or Insurance Services Office Commercial General Liability coverage ( "occurrence" form GC 0001). 2. Insurance Services Office form number CA 0001(Ed. in8) covering Automobile Liability, code I "any auto" and endorsement CA 0025. 3. Worker's Compensation insurance as required by the Labor Code of the State of California and Employers Liability Insurance. B. BEGINNING OF WORK SUBDIVIDER shall maintain limits no less than: General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this Project/location or the general aggregate limit shall be twice the required occurrence limit. 2. Automobile Liability: $1,000,000 combined single limit per accident for bodily injury and property damage. 3. Workers' Compensation and Employers Liability: Workers' compensation limits as required by the Labor Code of the State of California and Employers Liability limits of $1,000,000 per accident. C. DEDUCTIBLES AND SELF - INSURED RETENTIONS Any deductibles or self - insured retentions must be declared to and approved by the Town of Los Gatos. At the option of the Town of Los Gatos, either: the insurer shall reduce or eliminate such deductibles or self - insured retentions as respects the Town of Los Gatos, its officers, official, employees and volunteers; or the SUBDIVIDER shall procure a bond guaranteeing payment of losses and related investigations, claim administration, and defense expenses. The policies are to contain, or be endorsed to contain the following provision: 1. General Liability and Automobile Liability Coverages a. The Town of Los Gatos, its officers, official, employees and volunteers are to be covered as insured as respects: liability arising out of activities performed by or on behalf of the SUBDIVIDER, products and completed operation of the Contracts, premises owned, occupied or used by the SUBDIVIDER, or automobiles owned, leased, hired or borrowed by the SUBDIVIDER. The coverage shall contain no special limitation on the scope of protection afforded to the Town of Los Gatos, its officers, officials, employees, or volunteers. b. The SUBDIVIDER's insurance coverage shall be primary insurance as respects the Town of Los Gatos, its officer, officials, employees, and volunteers. Any insurance or self - insurance maintained by the Town of Los Gatos, its officers, officials, employees, or volunteers shall be excess of the SUBDIVIDER's insurance and shall not contribute with it. N:\PPW\MANAGEMENT \COUNCIL \COUNCILREPORTS @012 Reports\Mamh 19\LGB -16213 ContmetBond.docx c. Any failure to comply with reporting provision of the policies shall not affect coverage provided to the Town of Los Gatos, its officers, officials, employees, or volunteers. d. The SUBDIVIDER's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability. 2. Workers' Compensation and Employers Liability Coverage The insurer shall agree to waive all rights of subrogation against the Town of Los Gatos, its officers, officials, employees, or volunteers for losses arising form work performed by the SUBDIVIDER for the Town of Los Gatos. 3. All Coverages Each insurance policy required by this clause shall be endorsed to state that the coverage shall no be suspended, voided, canceled by either party, reduced in coverage or in limits except after thirty (30) days prior written notice by certified mail return receipt required, has been given to the Town of Los Gatos. E. ACCEPTABILITY OF INSURERS Insurance is to be place with insurers with a Best's rating of no less than B +. F. VERIFICATION OF COVERAGE SUBDIVIDER shall furnish the Town of Los Gatos with certificates of insurance and with certificates of insurance and with original endorsements effecting coverage required by this clause. The certificates and endorsements for each insurance policy are to be signed by a persona authorized by that insurer to bind coverage on its behalf. The certificates and endorsements are to be on forms approved by the Town of Los Gatos. Where by statute, the Town of Los Gatos's workers' compensation- related forms cannot be used, equivalent forms approved by the State Insurance Commissioner are to be substituted. All certificates and endorsements are to be received and approved by the Town of Los Gatos before work commences. The Town of Los Gatos reserves the right to require complete, certified copies of all required insurance policies, at any time. G. SUBCONTRACTORS SUBDIVIDER shall include all subcontractors as insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of the requirements stated herein. 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