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HomeMy WebLinkAboutCC 4 RELEASE OF BOND 11-16-92CONSENT CALENDAR NO. 4 11-16-92 AGEL -Ai ""Oh N DATE: NOVEMBER 16, 1992 inter -Com ,Z TO: WILLIAM A. HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION SUBJECT: RELEASE OF MONUMENTATION BOND FOR TRACT NO. 13824 RECOMMENDATIONS: That the Tustin City Council, at their meeting of November 16, 1992, authorize the release of the Monumentation Bond, Number 09- 13-09, for Tract No. 13824 in the amount of $5,000.00 BACKGROUND: The subj ect Tract was developed by Regis Contractors and is located at the southwesterly corner of Jamboree Road and Champion Way. As required by the subdivision map act and as a condition of approval the developer was required to post the following bond of the indicated amount: Monumentation Bond No. 09-13-09 $5,000.00 DISCUSSION: All Tract monumentation has been installed to the satisfaction of the Public Works Department and the Monumentation Bond Number 09- 13-09 in the amount of $5,000.00 is now ready for release. Robert Ledendecker Director of Public Works/ City Engineer RL:JO:ccg:13824 Jer Otteson Associate Civil Engineer