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HomeMy WebLinkAboutCC 11 RELEASE OF BOND 02-04-91DATE: TO: FROM: January 29, 1991 WILLIAM A. HUSTON, CITY MANAGER 'ONSENT CALENDAR NO. 11 2-4-91 Inter - Com PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION SUBJECT: RELEASE OF MONUMENTATION BOND FOR TRACT NO. 13908 RECOMMENDATION: That the Tustin City Council authorize the release of the following bond: Monumentation Bond No. 091752 ................ $14,300.00 BACKGROUND: As a condition of approval of Tract No. 13908, the Developer, Bramalea California, was required to construct and install survey monuments and to post a bond to guaranty the installation of such monuments. DISCUSSION: The Developer, Bramalea California, has completed the installation of all required monumentation and has requested that the City Council authorize the release of -the following bond: Monumentation No. 091752 ..................... $14,300.00 Bob Ledendecker Director of Public Works/City Engineer BL: JO: ccg Jer Ot eson