19-1023_TOLL WEST COAST LLC_MEMO FROM PW_CASH DEPOSITMEMORANDUM
October 11, 2019
TO: Maria Morris, City Clerk
FROM: Steve May, Public Works & Utilities Director
SUBJECT: Grading Bond Reduction — B16-1425 Tract 15687
This memorandum is authorization to release of Surety Bond #30034587 in the amount of
$4,790,935 being held for B16-1425 Tract 15687. Said bond was issued by Western Surety
Company. 90% of the work has been completed and approved and a cash deposit in the
amount of $50,000 has been posted by Toll Brothers.
Please notify:
Toll Brothers
725 W. Town & Country Road
Orange, CA 92868
Attn: Greg LoMedico, 818-332-7244, glomenico@tolIbrothers.com
A copy of the Bond is attached.
Thank You.
cc: Community Development/ Building; file
CITY OF SAN JUAN CAPISTRANO
32400 Paseo Adelanto
4R, SAN JUAN CAPISTRANO, CA 92675
�t77L
�h (949)493-1171
Paid By TOLL BROTHERS INC., Contractor TOLL BROS INC
Permit Number
B16-1425
Receipt Number
70798
Paid Date
10/11/2019
Check No
10214757
Payment Method
CHECK
GRADING REFUNDABLE DEPOS
250 GIBRALTAR ROAD
HORSHAM PA 19044
Site Address
HARBOR VIEW TRACT 156187 LOT 2
Description
HARBOR VIEW TRACT 15687 ROUGH GRADE & VERD
Fees
90-00000-23302-00000-238
FEE TOTAL $50,000.00
$50,000.00