HomeMy WebLinkAbout10 MONUMENTATION BOND 01-17-00 NO. 10
AGE N ..
DATE: JANUARY 17, 2000 Inter-Com ~~~
TO:
FROM:
SUBJECT'
WILLIAM A. HUSTON, CITY MANAGER
PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION
RELEASE OF MONUMENTATION BOND FOR TRACT NO. 15427 (BAYWOOD)
SUMMARY
The Public Works Department is recommending release of the Monumentation Bond for Tract
No. 15427. j
RECOMMENDATION
It is recommended that the City Council authorize release of the following Monumentation
Bond for Tract No. 15427 for the indicated amount.
Monumentation Bond No. B98-114372 ............................... $8,500.00
FISCAL IMPACT
None
BACKGROUND
The subject tract is bounded on the north by Irvine Boulevard, on the south by Tract No.
15474, on the east by Tract No. 15350 and on the west by Tustin Ranch Road as shown on
the attached location'map.
As a condition of approval the developer, Baywood Homes - Tustin Ranch, LLC, was required
to post the following bond:
Monumentation Bond No. B98-114372 ............................... $8,500.00
DISCUSSION
The developer has completed all work related to monumentation within Tract No. 15427, as
required by the conditions of approval, to the satisfaction of the Public Works Department. It
is recommended that the above-mentioned bond be released by the City Council.
Tim D. Serlet
Director of Public Works/City Engineer
~~ Otteson
Associate Civil Engineer
TDS:JO:ccg:release mon bond TR #15427
Attachment