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18-0314_RD OLSON CONSTRUCTION, INC._Staff MemoMEMORANDUM March 14, 2018 TO: Maria Morris, City Clerk FROM: Geri Ford — Permit Technician SUBJECT: Plaza Banderas — Precise Grading Please find attached for your records, the original Grading Surety Agreement and BOND # 8239-47-07 in the amount of $1,101,246 for the deposit for the grading and on-site Improvements for Plaza Banderas — 31692 EI Camino Real - Precise Grading — Permit # 1317-1134