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18-0629_DAILEY, PATRICK F._Reduction of Certificate of Deposit 1y��' MEMBERS OF THE CITY COUNCIL 32400 PASEO ADELANTO i// SAN JUAN CAPISTRANO,CA 92675 //j, I 1� ;4 3 in (949)493-1171 0 ' mfotlrAAAtfA SERGIO FARIAS (949)493-1053 FAX • fSTAALIStlfA 1961 KERRY K.FERGUSON www sanjuancapistrano.org BRIAN L.MARYOTT • (1 • PAM PATTERSON,ESQ. DEREK REEVE June 29, 2018 One West Bank Attn: Michelle A Tung, Relationship Associate 25624 Alicia Parkway Laguna Hills, CA 92653 To whom it,may concern: This letter is to authorize the reduction of the following Certificate of Deposit - Grading Surety Agreement Security Deposit with the City of San Juan Capistrano for precise grading project 31400 El Camion Real, Grading Permit No. B15-1420: Time Certificate of Deposit 2449488341 from $144,870.00 to $72,435.00 Notice of the reduction of the bond amounts should be sent to the City of San Juan Capistrano, City Clerk's Office, attention Maria Morris, City Clerk, 32400 Paseo Adelanto, San Juan Capistrano, CA 92675. If you have any questions or need clarification, please contact me at (949) 443-6310. Sincerely, 01,___..swPig 4 Christy Jakl, CMC Assistant City Clerk Cc: Steve May, Public Works and Utilities Director Building Division San Juan Capistrano: Preserving the Past to Enhance the Future 0 Printed on 100%recycled paper