1998-1027_ORTEGA II_Release of Certificate of Deposit MEMBERS OF THE CITY COUNCIL
32400 PASEO ADELANTO COLLENE CAMPBELL
SAN JUAN CAPISTRANO,CA 92675
Jitia•
INER
(949)493-1 171 , WYATTHJOHN RT
ImtouoAAno WYATT HART
(949)493-1053 (FAX) • ISTAHU SHS 1961 GIL JONES
1776 DAVID M.SWERDLIN
October 27, 1998 l� • CITY MANAGER
GEORGE SCARBOROUGH
Mr. Alan Schwartz
13402 Eton Place
Santa Ana, California
Re: Release of Certificate of Deposit (Water Facility Improvements - Ortega II)
Dear Mr. Schwartz:
Enclosed please find Certificate of Deposit No. 1006381156-000,issued by Wells Fargo Bank in the
amount of$22,100. Said Certificate of Deposit was given to the City as security for water facility
improvements located at 27000 Ortega Highway (Burger King and Del Taco). Work has been
completed to the satisfaction of the City of San Juan Capistrano and the Certificate of Deposit is
hereby released.
If you have any questions, please do not hesitate to call.
Very truly yours,
/ LU 1)1 .02
Dawn M. Schanderl
Deputy City Clerk
Enclosure
cc: William Huber, Director Engineering & Building
Craig Harris, Senior Engineer Technician
Wells Fargo Bank
This is to acknowledge that I have received Certificate of Deposit No. 1006381156-000 in the
amount of$22,100, received this&day of October, 1998.
/4lan Schwart
DRUG USE
IS
AB
San Juan Capistrano: Preserving the Past to Enhance the Future
WELLS FARGO BANK
No.t.1006381156-000
Office SAN JUAN CAPISTRANODate 9-10-1997 Type of certificate CUSTOM Amount$ "22 , 100,00** -
RECEIVED FROM S . ALAN SCHWARTZ PAYABLE TO THE CITY OF SAN JUAN CAPISTRANO
PERS�ANT TO THE WATER DISTRICT AGREEMENT FOR SERVICE TO 27000 ORTEGA
eceive rom
HIGHWAY, SN JUAN CAPISTRANO, CA. 92675
Renewal term aturity ate Interest rate 2_81 % Annual percentage yield 2_81
:30 DAYS 10-10-199 /
Interest will be computed on a J65 day'year basis.Interest will be paid
at maturland reinvested, ❑credited to account number
L
or ❑paid by check.('366 day year in leap years)
This certificate is nontransferable, nor is it required to withdraw funds. If your deposit is withdrawn before maturity,there may be an early withdrawal fee.At maturity this
deposit will automatically renew.The terms of the certificate,including the interest rate and annual percenta ie ,are subject to change on the maturity date.Please refer
to the Disclosure Statement for additional information about your account.
41,
Bank Representative's Signature
Member FDIC
_.'r. �. r_ 'Wa'LL'v, ., f°.0 C�K"E+r�.4�U x'' .!.-�^c:... t ._i:.. _..:=s - .. �;,'?a,' ,�zri•,.•
Pay to the order of S. Alan Schwar z without recourse.
BANK USE ONLY City of San Juan Ca is rano �j�
By l / /1 I Uik.) TELEPHONE BANKING
FOR RENEWALS C hia L. Pendleton, City Treasurer For Consumer Accounts
AMOUNT DATE MATURITY DATE INTEREST/APY INITIALS Phone#: _
RATE (See#listed on your notice.)
• To obtain information about your CD
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