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HomeMy WebLinkAbout07 RELEASE MONUMENTAL BOND FOR TRACT MAP 12870 ADDENDUM 2• . ~,~ MEETING DATE TO: FROM: SUBJECT: AGENDA REPORT Reveweldm City Manager Finance Director AUGUST 3, 2010 WILLIAM A. HUSTON, CITY MANAGER DOUGLAS S. STACK, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER N/A RELEASE MONUMENTATION BOND FOR TRACT MAP 12870 ADDENDUM 2 SUMMARY The monuments associated with the tract map have been set, inspected, and verified as complete. The Public Works Department is now recommending release of the Monumentation Bond. RECOMMENDATION It is recommended that the City Council authorize the release of Monumentation Bond No. 08 20 58, in the amount of $6,000. FISCAL IMPACT There is no fiscal impact associated with this action. DISCUSSION/BACKGROUND Tract Map No. 12870 Addendum 2 lies within Sector 7 of the East Tustin Specific Plan area. The project consists of Lots 21 and 22 of the original Tract Map 12870 and is located next to Champion Way and bounded by Jamboree Road to the east and the Tustin Ranch Golf Course to the west. As a condition of approval, the applicant was required to post the subject bond as part of the map process. The monuments associated with the tract map have been set, inspected, and verified as completed by the Public Works Department. Therefore, it is recommended that the City Council authorize the release of o umentation Bond No. 08 20 58. D u I S. Stack, P.E. Dana R. Kasdan, P. Diet of Public Works/City Engineer Engineering Services Manager Attachment: Location Map LOCATION MAP TRACT MAP 12870 d ~~ ~ 1° ~ ~ ~ ~ ` I ~V[ lM A P yp ~~ it V' e t i ~ i` µ^ r n. ~f ~+~ i TUSTIN ® RANCH i S 4 ~.ea ~ 4 •, ~ + A ~ ~ ~ ' •~ ~ ~ f, a ~ ~ ,, ~ ~ 1 ~ 1 ~ '4 TUSTIN LEGACY ' NO SCALE ~G~~Op,V ~9~ ~ ~ 9,F PROJECT LOCATION ~ / '9~ (/ TRACT MAP 12870 RELEASE OF MONUMENTATION BOND FOR TRACT MAP 12870 , ADDENDUM2 P~ QO ~~ SOP O ~P~ CHAMPION WAY FILE: TR 12870 Monumgn lotion Bond.DWC