The Riverside County Board of Supervisors approved the final map and secured agreements for a French Valley subdivision.
The supervisors’ 5-0 vote, July 25, approved the final map for Pardee Homes to subdivide 29.52 acres east of state Route 79 between Benton Road and Los Alamos Road into 84 single-family residential lots and five open space lots.
The board of supervisors approved a tract map in October 2014, but a final map cannot be recorded until all conditions of the tentative map have been fulfilled other than those for which a final map is required. The conditions include secured agreements to ensure that the infrastructure will be built and that payment for labor and materials used to build the infrastructure will be made. The agreements cover completion of road, water, sewer and other infrastructure improvements but do not require completion of the homes or other lot improvements themselves.
Pardee Homes posted four bonds to cover the infrastructure improvements. A bond for $5,431,000 will ensure completion of the street improvements, a $354,000 bond guarantees completion of the water system, security of $193,000 covers completion of the sewer system and a $154,000 bond provides for completion of the monumentation.