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19-0614_SADDLEBACK VALLEY COMMUNITY CHURCH_Irrevocable Letter of Credit Release atm d ey -,17 c1 ,1 Pt 32400 PASEO ADELANTO MEMBERS OF THE CITY COUNCtI. SAN JUAN CAPISTRANO,CA 92675 L (949)493-1171 Z,`4," ROAPOIPID TROY BOURNE (949)493-1053 FAX 1961 , Cth SERGIO FARIAS e „,,t1Isaqiuttntaph,tratio org o if" rfBRIAN L.MARYOTT iLL . 0 DEREK REEVE JOHN TAYLOR op June 14, 2019 Partners Bank of California 27201 Puerto Real, Suite 160 Mission Viejo, CA 92691 Re: Grading Surety Release — B15-0190, Saddleback Valley Community Church 29251 and 29343 Camino Capistrano, San Juan Capistrano — Irrevocable Letter of Credit #61147.02100\24821445.1 Dear Sir or Madam: This letter is to inform you that the Irrevocable Letter of Credit #61147.02100\24821445.1 for benefit of the City of San Juan Capistrano is officially released as of June 12, 2019, The City of San Juan Capistrano hereby fully and forever releases and discharges Partners Bank of California from any and all liability under the abovementioned Irrevocable Letter of Credit. If you have any questions, please do not hesitate to call me at (949) 443-6310. Sincerely, Christy Jakl, CMC Assistant City Clerk cc: Steve May, Public Works and Utilities Director Pam Reimer, Saddleback Valley Community,Church (pamrAsaddleback.com) enclosures San Juan Capistrano: Preserving the Past to Enhance the Future çmp