HomeMy WebLinkAbout09 RELEASE OF BOND 09-21-98AGENDA .
DATE:
NO. 9
-"~-21-98
Inter-Com
SEPTEMBER21, 1998
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, CITY MANAGER
PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION
RELEASE OF MONUMENTATION BOND FOR TRACT NO. 14188 (SAN MARCOS &
SAN RAPHAEL)
RECOMMENDATION
It is recommended that the Tustin City Council
for Tract No. 14188 for the indicated amount:
authorize release of the following Monumentation Bond
MonumentationBond No. 111-3285-1616 ............................................................. $19,000.00
FISCAL IMPACT
None.
BACKGROUND
The subject tract is'bounded on the east by Township Drive, on the north by San Ramo Subdivision and on
the west by the County of Orange.
As a condition of approval the developer, Standard Pacific, L.P. was required to post the following bond:
MonumentationBond No. 111-3285-1616 ............................................................. $19,000.00
DISCUSSION
The developer has completed all work related to monumentation within Tract No. 14188 as required by the
approved tract map to the satisfaction of the Public Works Department. It is recommended that the above
mentioned bond be released by the City Council.
Director of Public Works/City Engineer
TDS:JO:ccg/COUNCIL:Relcase Bonds Tract 14188
Dave Balbas
Junior Civil Engineer
e~r~ttes~n --
Associate Civil Engineer
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