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1984-0224_CROW-SAN JUAN RANCH_Bond Release3 i � I i 32:400 PASRO'AD E:C ANTO`q' SAN JLi9; MSTRAHO, CAl1F041IA 92675 L`FHON:Fi 42311171' if February 24, 1984 Crow -Sari Juan Ranch 17941 Fitch Irvine, California Re: Completion of Public Improvements Crow -San Juan Ranch Gentlemen: Enclosed is a copy of Resolution No. 84-2-7-1 that was adopted by the City Council at their meeting of February 7, 1984. The Resolution accepts the work completed for the construction of public improvements in conjunction with Parcel Map 80-851, Crow San Juan Ranch. The following bond from Federal Insurance Company was extended to February 7, 1985: Bond Number Amount Faithful Performance 8089-5840 $1,820,000(,RIa 500, Authorization was granted to release the bond following successful completion of a one-year maintenance period and completion of all landscaping requirements. The following bonds from Federal Insurance Company are to be released upon expiration of 35 days from recordation of the Notice of Completion: Monumentation 8089-5841 $ 7,500 Labor and Materials 8089-5840 450,000 The Notice of Completion was recorded on February 10, 1984; therefore, the bonds may be released on March 16, 1984. Thank you for your cooperation. Very truly/ yours, F� MARY ANN H N� CMC City Clerk MAH/mac Enclosure