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1993-0608_GLENFED DEV CORP._Staff Memo ', MEMORANDUM TO: Sam Shoucair, Associated Civil Engineer FROM: Dawn M. Schanderl, Deputy City Clerk DATE: June 8 , 1993 SUBJECT: Glenfed Assignment to CCL Realty of Improvement Agreements, Tracts 12262 & 12423 Per our conversation of yesterday, June 7, 1993 , I need to know the answers to the following questions: 1. Glenfed bonds (see attached lists) that are still active are they to be released? 2 . Is CCL Realty to provide bonding? 3 . Is CCL Realty to provide insurance as required per improvement agreements? Thank you for your cooperation. cc: William Huber, Director of Engineering & Building Theodore Simon, City Engineer Cheryl Johnson, City Clerk DEVELOPMENT BOND LIST DEVELOPER BOND NO. /TYPE AMOUNT REDUCED/RELEASED (Tract) (Amt/Date) Glenfed Dev 30072525 Monumentation 3 , 278 Released by CA 8/8/91 12828 IMPRV 30072523 F Perf Public Off-Site 264 , 434 Released by CA 8/8/91 30072523 L&M Impry Public Offsite 264 , 434 Released by CA 8/8/91 30072524 Perf Private On-Site Strs 149 , 028 Released by CA 8/8/91 Glenfed Dev 6174417 Monumentation 5 , 348 Released by CA 2/19/91 12829 IMPRV 6154415 F Perf Impry Public Strs 198, 480 Released by CA 8/6/91 6154415 L&M Impry Public Strs 198 , 480 Released by CA 8/6/91 6154416 Perf Impry Private Strs 144 , 175 Glenfed Dev 6154419 Perf Bond Private Streets 162 , 945 Released by CA 8/17/92 12830 IMPRV Glenfed Dev 30072529 Monumentation 978 Released by CA 2/19/91 12831 IMPRV 30072527 F Perf Impry Off-Site 110, 120 Released by CA 8/8/91 30072527 L&M Impry Off-Site Public 110, 120 Released by CA 8/8/91 30072528 Perf Impry On-Site Strs 170, 207 Released by CA 8/8/91 Glenfed Dev 6154411 Monumentation 4 , 888 Released by CA 8/6/91 12262 IMPRV 6154409 F Perf Off-Site Impry 215, 382 Reduced by CA $64 , 615 8/6/91 ,s n ed 6154409 L&M Impry Off-Site 215, 382 Reduced by CA $64 , 615 8/6/91 t-- Realty 6154410 Perf Impry Private Strs 102 , 270 Reduced by CA $34 , 030 7/16/91 Glenfed Dev 6127141 Perf On/Off-Site Grading, 6, 173 , 400 Reduced to $200, 000 6/1/90 12262/12423 D Landscaping, Irrigation by Building Official D=Development Agreement L&M=Labor & Material SDI=Subdivisiof Improvement Agreement F Perf=Faithful Performance S=Surety Agreement CA=Council Action 4 DEVELOPMENT BOND LIST DEVELOPER BOND NO./T"PE AMOUNT REDUCED/RELEASED (Tract) (Amt/Date) Glenfed Dev 6154414 Monumentation 2 ,990 Released by CA 8/6/91 12423 IMPRV 6154412 F Perf Public Strs 248, 932 Reduced by CA to $74 , 680 8/6/91 �S S19 t 6154412 1&M Public Strs 248, 932 Reduced by CA to $74 • : 0 8/6 91 CLSR (�( 1 6154413 Perf Private Strs 81, 547 Reduced by CA to $27 50 8 • 91 Glendale Fed 9777076 Statutory Perf Grading 193 , 000 Released by Building Official 1/2/92 10318 Lot E Glendale Fed Letter of Credit 25, 000 10318 Traffic Street Light San Juan Creek Rd/La Novia Ave Glendale Fed Letter of Credit 350, 000 10318/10319 Grading Permit - F Perf LETTER AGREE Glendale Fed Letter of Credit 25, 000 10319 Traffic Street Light San Juan Creek Rd/La Novia Ave Glendale Fed F Perf Master Storm Drain 331, 000 Released after lyr maint 9/2/87 10319 L&M Master Storm Drain 331, 000 Released by CA 9/2/86 Glenfed Dev B1830501 Perf Bond La Novia 20, 000 Released by CA 9/3/91 REIMBURS Ext, Erosion Control B1830502 Perf Bond La Novia 140, 000 Released by CA 9/3/91 Ext, Landscape Construction D=Development Agreement L&M=Labor & Material SDI=Subdivision Improvement Agreement F Perf=Faithful Performance S=Surety Agreement CA=Council Action 5