HomeMy WebLinkAbout07 RELEASE OF MONUMENTATION BOND TRACT 16481• A ends Item 7
AGENDA REPORT Reviewed:
,,~, City Manager
Finance Director N/
MEETING DATE: JULY 5, 2011
TO: WILLIAM A. HUSTON, INTERIM CITY MANAGER
FROM: DOUGLAS S. STACK, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
SUBJECT: RELEASE OF MONUMENTATION BOND FOR TRACT MAP NO. 16481
PROSPECT VILLAGE LP
SUMMARY
The property 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.
0421457, in the amount of $3,500.00.
FISCAL IMPACT
There is no fiscal impact associated with this action.
BACKGROUND
Tract Map No. 16481 is bounded by Main Street on the south, Prospect Avenue on the east, Third
Street on the north, and a public alley to the west. As a condition of approval, Prospect Village LP
was required to post the subject bond as part of the map process.
The property 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 Monumentation Bond No. 0421457.
Do la .Stack, P.E.
Dire tor= Public Works/City Engineer
Attachment: Location Map
LOCATION MAP
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PROJECT LOCATION MAIN STREET
TRACT 16481
PROSPECT VILLAGE
FILE: TRACT 184B1.GYYG
NO SCALE
FIRST STREET
SECOND STREET