HomeMy WebLinkAbout09 RELEASE OF BONDS 12-18-00 NO. 09
AGENDA R. _.PORT
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, CITY MANAGER
PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION
RELEASE OF MONUMENTATION BOND FOR TRACT NO. 14410
(EL DORADO)
SUMMARY
All monumentation associated with Tract No. 14410 has been completed and the Public
Works Department is recommending release of the Monumentation Bond.
RECOMMENDATION
It is recommended that the City Council authorize release of the Monumentation Bond for
Tract No. 14410 for the indicated amount:
Monumentation Bond No. 114987S ................................................ $20,000.00
FISCAL IMPACT
None.
BACKGROUND
The subject tract is bounded on the north by Tract No. 15681, on the south by Peters
Canyon Road on the west by Peters Canyon Regional Park and on the east by Pioneer
Road as shown on the attached location map.
As a condition of approval the developer, Lewis Homes, a California General Partnership,.
was required to post the following bond'
Monumentation Bond No. 114987S. ' ........... $20,000.00 '
/~¢4.,.,-Tim D. Serlet
Director of Public Works/City Engineer
DISCUSSION
The developer has completed all work related to monumentation within Tract No. 14410 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.
~.:J~r~Otteson
Associate Civil Engineer
TDS: JO: ccg: Release Mon Bond Tr 14410.doc
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