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20-0924_SJC GROVES LP_Staff MemoMEMORANDUM September 24, 2020 TO: Maria Moms, City Clerk FROM: Thomas Toman, Public Works Director . SUBJECT: Grading Surety Agreement for Precise Grading Permit B19-1530 & Surety Agreement for SIP20-005 This memorandum is authorization to accept the Grading Surety Agreement for Precise Grading Permit B19-1530 and the Surety Agreement for SIP20-005, for the Groves Project, 30333 Camino Capistrano. The cash deposits are in the amounts of $876,611.43 and $121,735.63. The acceptance of the cash deposits has been approved by the Building Official. Attachment— Copy of Grading Surety Agreement cc: Building; file