HomeMy WebLinkAbout05 RELEASE OF BOND 06-21-99NO. 5
6-21-99
DATE: JUNE 21, 1999
Inter-Oom
TO' WILLIAM A. HUSTON, CITY MANAGER
FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION
SUBdEOT: RELEASE OF MONUMENTATIONBOND FOR TRACT NO. 15430 (VIDORRA)
SLBIMARY
The Public Works Department is reqUeSting that the City Council release the MOnumentation Bond for Tract No.
RECOMMENDATION
It is recommended that the City Council authorize release of the following Monumentation Bond for Tract No.
15450 for the indicated amount.
Monumentation Bond No. 24-004-467 ........................................................... $5,700.00
FISCAL IMPACT
None.
BACKGROUND
The subject tract is bounded on the east by Tract 15527, on the south by Tract 15429, 15527, and 15428 on the
north by Tract 15527 and 14797 and on the west by Tract 15527.
As a condition of approval, the developer, Catellus Residential-Tustin 11, LLC., was required to post the following
bond:
MonumentationBond No. 24-004-467 .......................................................... $5,700.00
DISCUSSION
The developer has completed all work related to monumentation within Tract No. 15430 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:Release of Mon bond Tr 15430 Vidorra. doc
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Dave Balbas
Junior Civil Engineer
ferrygS'~eson
Associate Civil Engineer
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