HomeMy WebLinkAboutCC 3 RELEASE OF BONDS 09-03-85DATE: AUGUST 20, 1985
TO:
FROM:
SUBJECT:
WILLIAM HUSTON, CITY MANAGER
BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
ACCEPTANCE OF PUBLIC IMPROVEMENTS AND RELEASE OF BONDS -
PARCEL MAP NO. 83-1027
RECOMMENDATION:
That the Tustin City Council, at their meeting of September 3, 1985, accept the
public improvements within Parcel Map No. 83-1027 and authorize the release of all
pertinent bonds as indicated below.
BACKGROUND:
Parcel Map No. 83-1027 is a commercial auto repair development located on the
southside of E1Camino Real (Laguna Rd.) across from Tustin High School. The
public improvements consist primarily of curb and gutter, sidewalks, driveways,
street lights and street trees along E1Camino Real (Laguna Rd.).
DISCUSSION:
All public improvements related to Parcel Map No. 83-1027 have been completed to
the satisfaction of the Public Works Department and are ready for acceptance by
the City. The developer has requested release of the following bonds:
Faithful Performance Bond No. 01-NAA-010897 ............. $19,500.00
Labor and Materials Bond No. 01-NAA-010897 .............. 9,750.00
Monumentation Bond No. 01-NAA-010899 .................... 640.00
The Subdivision Warranty Bond No. 0t-NAA-010888 in the amount of $1,950.00 must
remain in effect for a period of one year after the public improvements have been
accepted by the City.
endecker
Director of Public Works/City Engineer
BL:jr