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HomeMy WebLinkAboutCC 3 RELEASE OF BONDS 05-21-84 CONSENT CALENDAR NO. 3 ~ATE': MAY 10, 1984 FROM: $UE, J ECT: WILLIAM HUSTON, CITY MANAGER BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER RELEASE OF SUBDIVISION WARRANTY-BONDS - TRACT NO'S 10677, NO. 10815, NO. 10852, NO. 10979, NO. 11291 RECOMMENDATION: That the Tustin City Council, at their meeting of May 21., 1984, authorize the release of the following Subdivision Warranty Bonds: Tract No. 10677 - Bond #L05-407312 Tract No. 10815 - Bond #868117-A Tract No. 10852 - Bond #7120128 Tract No. lOg7g - Bond #392981 Tract No. 11291 - Bond #2-177-323 BACKGROUND: The public i~ovements within the subject tracts have been completed and all public improvements have been accepted by the City Council on the dates indicated below: Date Accepted Subdivision Bond Tract No. By Council Warranty Bond # Amount 10677 11-16-81 L05-047312 $ 650.00 10815 9-21-81 868117-A 1,000.00 10852 13-2-81 7120128 850.00 10979 2-22-83 392981 12,,550.00 Location Residential condominium on southerly side of Vandenburg Ln. between Yorba St. and Prospect Ave Office condominium at the northeasterly corner of Jamboree Rd. and Walnut Ave.. Office condominium on the westerly side of Plaza Dr. between Irvine Blvd. and Plaza Way. Office condominiums on the southerly side of Main St. between "B" St. and "C" Street. 11291 2-7-83 2-177-323 6,650.00 Industrial condominium on the northerly side of Warner Ave. and westerly of Red Hill Ave. RELEASE OF SUBDIVISION WARRANTY BONDS - TRACT NO.'S 10677, NO. 10815, NO. 10852, NO. 10979, NO. 11291 MAY 10,1984 PAGE 2 The Subdivision Warranty Bonds must remain in effect for a period of one year after the public improvements, within any given tract, have been accepted by the City Council. All public improvements of the above mentioned tracts have been accepted by the City Council a minimum of one year prior to this date and all public improvements have been inspected and found to be in good condition at this time. Bob Ledendecker Director of Public Works/City Engineer BL:jr