HomeMy WebLinkAboutCC 9 RELEASE OF BONDS 12-01-80I~TE:
TO:
FP, OH:
SUBJECT:
November 25,
CONSENT CALENDAR
No. 9
inter-Corn
DAN BLANKENSHIP, CITY ADMINISTRATOR
BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
RELEASE OF BONDS - PARCEL MAP NO. 78-115
The developers of Parcel Map 78-115, Goldrich and Kest, has
requested the release of the following bonds:
Faithful Performance #2883225
Labor and Materials #2883225
$33,525.00
16,762.00
These bonds were for the public improvements on the north side of
Sixth Steet between E1 Camino Real and Newport Avenue.
Ail public improvements have been Completed to the satisfaction
of the Public Works Department and these bonds are now ready for
release. The Subdivision Warranty Bond #2883225, in the amount
of $3,352.00, must remain in effect for one year until December
1, 1981.
RECOMMENDATION:
It is recommended that the Tustin City Council, at their meeting
of December 1, 1980, accept the public improvements associated
' with Parcel Map No. 78-115 and authorize the release of the above
mentioned bonds.
BOB LEDENDECKER
DIRECTOR OF PUBLIC WORKS/
CITY ENGINEER
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