22-0401_ACE CAPITAL ENGINEERING_Bond Reduction Letter32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CA 92675
(949) 493-1171
(949) 493.1053 FAX
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April 1, 2022
Old Republic Surety Company
14728 Pipeline Ave., Suite E
Chino Hills, CA 91709
To whom it may concern:
MEMBERS OF THE CITY COUNCIL
I
incarmewllu TROY BOURNE
1 n1776I
10 1961 HOWARD HART
•A • DEREK REEVE
JOHN TAYLOR
This letter is to authorize the reduction of the following Grading Surety Agreement
Performance Bond with the City of San Juan Capistrano and Ace Capital Engineering for
all grading and installation of related improvements for 29342 Spotted Bull Way, San Juan
Capistrano, CA, Grading Permit No. B20-0050:
Performance Bond WFB5423158 from $300,026.00 to $30,002.60
Notice of the reduction of the bond amounts should be sent to the City of San Juan
Capistrano, City Clerk's Office, attention Maria Morris, City Clerk, 32400 Paseo Adelanto,
San Juan Capistrano, CA 92675.
If you have any questions or need clarification, please contact me at (949) 443-6310.
Sincerely,
Christy Jakl, CMC
Assistant City Clerk
Cc: Tom Toman, Public Works Director
Jeremy Hohnbaum, Senior Civil Engineer
Madison LaScalza, Engineering and Planning Technician
San Juan Capistrano: Preserving the Past to Enhance the Future
Q* Printed on 100% recyGed paper