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1996-0102_KI/FKLA RANCHO REALTY_Staff Memo (2) MEMORANDUM January 2, 1996 TO: Cheryl Johnson, City Clerk FROM: R. Anthony Foster,Engineering Assistant / SUBJECT: Substitution of Surety, PM 85-306 (Rosan/Bedford/Kaiser/Kemper Realty) Attached are original bonds for Performance and Labor&Material as required per the Subdivision Improvement Agreement for the subject Parcel Map. The existing Letter of Credit in your files will be substituted for the attached bonds. Please forward the Letter of Credit to me as I need to hand deliver it to Wells Fargo Bank immediately. Reassignment of the bonds and agreement will take place at a later date. RAF • Attachments 72(4.-6 K46-)1 L �lt�cre (-61/ / . arVile,-L . /. •