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HomeMy WebLinkAboutCC 9 TRACT NO. 8451 10-19-88 CONSENT CALENDAR NO. 9 DATE: OCTOBER 10, 1988 ~~~F ............. I TO: WILLIAM HUSTON, CITY MANAGER FROM: PUBLIC WORKS DEPARTMENT/ENGINEERING DIVISION SUBJECT: ACCEPTANCE OF PUBLIC IMPROVEMENTS, TRACT NO. 8451 RECOMMENDATION: That the Tustin City Council accept all public improvements with Tract No. 8451 and authorize the City Clerk to release the following bonds related to the public improvements. Faithful Performance Bond No. BND2227440 ........ $119,100.00 Labor and Materials Bond No. BND2227440 ......... $ 59,550.00 BACKGROUND: The subject Tract No. 8451 is an industrial development located at 3002 Dow Avenue (intersection of Myford and- Dow Avenue). All public ~mprovements have now been completed to the satisfaction of the Public orks Department and are ready for acceptance by the City. The Subdivision Warranty Bond No. 2227441 in the amount of $11,910.00 must remain in effect for a period of one year after the City accepts the public improvements within Tract No. 8451. A11 other bonds are recommended for release. Director of Public Works/City Engineer BL: mv