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1975-0507_CAL FED ENTERPRISES_Release of Bonds'y3ASEO ;AD ELANTO- SAN J N GAPISTRANO,CA y Fp RNIA 92675 +N�rr;. ;:,,,' J3 �, V�HONS 493.117,1 r • ., ._.� a ,+ March 30, 1978 Zellner Communities 3190-C Airport Loop.Drive Costa Mesa, California 92626 Attention Lesley Weir Re: Release of Bonds, Tract 8786, and Tra uco Creek Road Gentlemen: At their meeting of March 15, 1978, the City Council took the following actions: Tract 8786: 1. Required an extension of Faithful Performance Bond No. 002651, in the amount of $23,400, to March 15, 1979; 2. Released Labor and Material Bond No, 002651, in the amount of $23,400; 3. Released Monumentation Bond No. 002652, in the amount of $1,500. TrRJiuco Creek Road, Tracts 7541, 7542, 7672, and 7760: �1. Required an extension of Faithful Performance Bond No. 001662, in the amount of $295,000, to March 15, 1979; 2. Released Labor and Material Bond No. 001662. The bonds which were released are enclosed herewith. Thank you for your patience. I appreciate your cooperation in this matter. Very truly yours, 1/ (MRS) MARY/ANN HANOVER City Clerk MAH/cj Enclosures cc; Director of Public Works Lyle Anderson, Cal Fed Insurance (original bonds enclosed)