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<br /> . <br /> overwhelm or distract from the plants. Therefore, Staff has included a condition that requires <br /> the mulch to be a neutra] color. <br />. <br /> Financial Suref\' <br /> As part of this re-landscaping process to resolve the clear-cutting issue, the applicant agreed <br /> to submit a financial surety in the amount of 125 percent of the landscaping plan. At the last <br /> Planning Commission meeting, there was a brief discussion about how the financial surety <br /> should be released and over what timeframe. As a staliing point for the financial surety <br /> discussion, Staff proposes the following release schedule: <br /> . 50(~,'o of the financial surety would be released upon full implementation of <br /> the landscaping plan that is approved by the City and after a successful <br /> inspection by City Staff. <br /> . 30% would be released after the first full year after implementation and a <br /> successful inspection by City Staff. <br /> . 2(Y~';) would bc released afkr the second full year and a successful <br /> inspection by City Sta1T <br /> The initial installation includes the cost of the grading, retaining walls, and the vegetation; <br /> therefore, the installation cost in the first year will be much higher than any needed <br /> replacement or maintenance costs in the follov..:ing two years. Since it is highly unlikely that <br /> all of the plants wi II die or other major expenses would occur within the first year after <br />. implementation, it may be prudent to release a larger pOliion of the financial surety after the <br /> full plan is implemented and inspected. <br /> The second portion of the 11 nancia] surety would be rei eased one year after full <br /> implementation and inspection. The final pOliion of the financial surety would be released <br /> after the second full year of implementation and inspection. The financial surety is <br /> essentially a fOl1n of insurance lor the City to ensure that the landscaping plan is fully <br /> implemented as proposed and that the vegetation is able to establish itself. Should the <br /> applicant not replace dead or dying vegetation after being requcsted by the City to do so, the <br /> City wou]d be able to use the financial surety to have the vegetation replaced. <br /> 2. General Evaluation Criteria <br /> Since a residential property is generally not subject to the site plan review process for <br /> landscaping, there is not a prescribed procedure for evaluating the proposed landscaping <br /> plan. Evaluation criteria may include, but is not limited to, the following: <br /> . Compatibility with neighboring propcliies; <br /> . SufJicient replacement ofpreviolls vegetation; <br /> Ci(I' ojArden IIi/Is <br /> Planning COlI/missiu1/ Aleefingj()r NOl'elllber J. ]006 <br />. : ;;\Ie/ro. illl'l.lIsiardt'llhi/!sJ>laI//7illgiPIlIllllillg Cas, '.\...:!III)(, ,O(,-O:!s ;\1:0 .\i/e !'Iall Rl'I'iew II'LNU!N(;'jilO:!306 - 1'(' I'<:/)(/r/ - /I/go Sire !'Iall <br /> RC1';t.'\I,.'.d(J(' Pllge 5 of 8 <br />