1993-0608_GLENFED DEV CORP._Staff Memo * R
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
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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 UM Impry Public Strs 198 , 480 Released by CA 8/6/91
6154416 Pert Impry Private Strs 144 , 175
Glenfed Dev 6154419 Pert 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
>Slg(1 d 4CD 6154409 L&M Impry Off-Site 215, 382 Reduced by $64 , 61 8 6
n .t 6154410 Perf Impry Private Strs 102 , 270 Reduced by CA $34,030 7/16/9
Q y
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=Subdivision Improvement Agreement F Perf=Faithful Performance
S=Surety Agreement CA=Council Action
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DEVELOPMENT BOND LIST
pEVELOPER BOND NO.ITYPE 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
)SS 9t 6154412 L&M Public Strs 248, 932 Reduced by CA to $74 , 680 8/6/91
�C L to
J 6154413 Perf Private Strs 81, 547 Reduced by CA to $27, 150 8/6/91
Glendale Fed 9777076 Statutory Perf Grading 193 , 000 Released by Building Official 1/2/92
10318 Lot F
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 itgreement L&M=Labor & Material
SDI=Subdivision Improvement Agreement F Perf=Faithful Performance
S=Surety Agreejnent CA=Council Action
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