HomeMy WebLinkAboutCC 7 RELEASE OF BONDS 04-07-80DATE:
TO:
FROM:
SUBJECT:
MARCH 27, 1980
CONSENT CALENDAR
Inter-Corn
DAN BLANKENSHIP, CITY ADMINISTRATOR
BOB LEDENDECKER, CITY ENGINEER/DIRECTOR OF PUBLIC'WORKS
RELEASE OF BONpS-PARCEL MAP NO. 78-110
The subject parcel map is a 3-parcel residential development located on the
southerly side'of Santa Clara Avenue between Prospect Avenue and Laurinda Way.
All improvements within the public right-of-way for the development have been
completed to the satisfaction of the Engineering Department.
The developer has requested release of all bonds, and acceptance of all public
improvements by the City. The Warranty Bond must remain in effect for a period
of one (1) year after acceptance of the public improvements by the City. However,
all other bonds may be released at this'time.
RECOMMENDATION
It is recommended that the Tustin City Council at their meeting of April 7, 1980,
authorize the release of the following bonds:
Faithful Pet-formance Bond No. 71i-7042
in the amount of $6,600.00
Labor and Materials Bond No. 711-7042
in the amount of $3,300.00
Monumentation Bond No. 711-7041
in the amount of $500.00.
Bob Ledendecker
City Engineer/Director of Public Works
BL/hl r
CC:
Mr. Harry Gates
P. O. Box 147
Tustin, Ca. 92680