HomeMy WebLinkAbout10 RELEASE OF BOND 08-02-99..
DATE' AUGUST 2, 1999
NO. 10
8-2-99
TO: V~qLLIAM A. HUSTON, CITY MANAGER
FiqOM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION
SUBJEGT: RELEASE OF MONUMENTATION BOND FOR TRACT NO. 15527 (VIDORRA)
SUMMARY
The Public Works Deparnnent is requesting that the City Council release the Monumentation Bond for Tract No.
15527.
RECOMMENq)ATION
It is recommended that the City Council authorize release of the following Monumentation Bond for Tract No.
15527 for the indicated amount.
Monunaentation Bond No. 24-003-411 ........................................................... $3,000.00
FISCAL IMPACT
None.
BACKGROUND
The subject tract is bounded on the east by Jamboree Road, on the south by Pioneer Road, on the north and west
by Peters Canyon Regional Park and is the common area portion of Tentative Tract No. 14797.
As a condition of approval the developer, Catellus Residential-Tustin 11, LLC. was required to post the following
bond:
Monumentation Bond No. 24-003-411 ............................................................ $3,000.00
DISCUSSION
The developer has completed all work related to monumentation within Tract No. 15527 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
TDS:DB:ccg
Dave Balbas
Junior Civil Engineer
,¢J~erry~tteso~- -
Associate Civil Engineer
Attachment
\\comrn_dev\voll"SharedXdEngineering\City Council Itcms\99 Cit3' Council ItemskRelease of Mon Bond Tr 15527 Vidorra.doc
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