HomeMy WebLinkAboutCC 3 RELEASE OF BONDS 03-02-81DATE:
FEBRUARY 20, 1981
CONSENT CALENDAR
NO. 3
3-2,81
nte -Corn
TO:
FROM:
SUBJECT:
DAN BLANKENSHIP, CITY ADMINISTRATOR
BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
ACCEPTANCE OF PUBLIC IMPROVEMENTS AND RELEASE OF BONDS
PARCEL MAP N0.79-1032
The developers of the subject Parcel Map 79-1032, Vista Development Corporation, have
requested acceptance of the public improvements and release of all pertinent bonds
related to that development.
The subject development is located at the northwesterly corner of Seventeenth St. and
Prospect Ave.
All public improvements have been completed to the satisfaction of the Community
Development and Public Works Departments.
RECOMMENDATION:
It is recommended that the Tustin City Council, at their meeting of March 2, 1981,
accept all public improvements constructed with Parcel Map No.79-1032 and authorize
the release of the following bonds:
Faithful Performance
Labor and Materials
Monumentati on
#95M-553-612 in the amount of $52,400.00
~95M-553-612 in the amount of $26,200.00
#95M-553-612 in the amount of $500.00
The Subdivision Warranty Bond #95M-553-613 must remain in effect for one year after
the acceptance of said improvements.
DIRECTOR OF PUBLIC WORKS/
CITY ENGINEER
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