1981-0805_BELFORD TERRACE_Staff MemoE
MEMORANDUM
August 5, 1981
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TO: Cathleen A. DuCoing, Records Coordinator
FROM: George M. Lohnes, Jr., City Engineer
SUBJECT: Release of Surety; Tracts 7673 and 9382 (Maurer/Elliott)
SITUATION:
The developer of the subject tracts has requested that the
following surety be released:
Tract 7673
Surety Number Amount Company Purpose
Bond 6245-B
Bond 6245(Rider)
TRACT 9382
Surety Number
Bond 6251-B
Bond 6251(Rider)
$28,500 Covenant Mutual Labor & Materials
$50,000 Covenant Mutual Faithful Performance
Amount Company
Purpose
$36,000 Covenant Mutual Labor & Materials
$50,000 Covenant Mutual Faithful Performance
The City Council accepted the public improvements at their meeting
of August 20, 1980 and authorized staff to release the surety
after successful completion of a one year maintenance period.
This period will be complete after August 20, 1981. This office,
therefore, authorizes the release of the aforesaid surety after
August 20, 1981. This office has not released the surety held
for Tract 8485 (Mission Springs). Please contact me if you have
any further questions.
G. M. Lohnes
GML: Ct4B/nep.