1979-1127_COLLINS / DIVERSFIED_Subdivision AgreementRECORDED AT REQUEST OF
AND RETURN TO: • 1 1 6 5 6
City of San Juan Capistrano
Office of the City Clerk
32400'Pasecc•Adelanto E"
San Juan Capistrano, CA 92675 "
SUBDIVJSION A.GPEE;_IIENT
RECORDING FEES EXEMPT DUE TO
OVERNMENT CODE SECTION 6103
Mary Anrj/Ha p er, City Clerk
City of San Juan Capistrano, CA
RECQRDED IN OFFICIAL RECORDS
OF ORANGE COUNT", CAIJFORNIA
15 ° 11 A.M. DEC 101979
LEE A. PANCh, C:, ,.,ity Recorder
PARCEL MAP NO. 851
THIS AGREEMENT, made pursuant to the provisions of Division 2
of Title 7 of the Government Code of the State of California, by and
between the CITY OF SAN JUAN CAPISTRANO, a municipal corporation,
hercinaf.ter called the "C1'i'Y", Philip D. Whitener, Chauncey C. Hubbard
and
COLLINS/DiVERSIFIFl)
whose mailing address is:
27Q South Bristol, Suite 270
Costa Mesa, CA 92626
, hereinafter called the "SUBDIVIDER."
W I T N E S S E T H
THAT, WHERAS, Subdivider has filed with the Planning Commission
of the City a tentative map for a proposed subdivision, known as
Parcel Map No. 851 which has been conditionally approved by the
City Council; ani
WHEREAS, Subdivider desires to postpone the public and private
improvements required as a condition of approval of said tentative map
until a time subsequent -to the acceptance and recordation of the -inal
map of said subdivision, by entering into an agreement and providing
the improvement security required to assure t.eh furnishing and instal-
lation of said improvements within the time herein provided.
NDW, T8'°R':FOR], i.n cci:sic:__ation of -,he pr•emiaes I:nu l.e aVploval
of the final map of said subdivision and the postponement of the time
to install such improvements, and to satisfy the said condition of
the approval of the said tentative map, the Subdivider hereby under-
takes, promises and agrees as follows:
1. Subdivider will, at his (its) own cost and expense,- improve
said Subdivision by doing all work and providing and furnil hing all
labor, materials and equipment and making all installations shown on
the improvement plans signed and approved by the City Engineer and
specified by the Specifications of the City of San Juan Capistrano, which
plans and specifications are on file in the office of the City Enyinecr
and incorporated herein by reference, including but not limited to, all
grading work, paving of all streets, alleys and public service case-
ments, construction of concrete curbs, gutters, cross -gutters, and side-
walks, installation of storm drainage and sanitary sewerage facilities,
installation of underground conduit street lighting system, the instal-
lation of all street name signs, and the supplying and planting of all
parkway trees, together with the installation of all. appurtenances,
contingencies and the furnishing of all engineering costs and services
to do and complete said work, and to do and complete all other acts
and obligations required by the City as condition of the approval of
the tentative subdivision. For purposes of this agreement, the City
Engineer shall determine the estimated costs of said improvements to
be used for Surety devices as required herein.
2. Subdivider will, at his (its) own cost and expense, provide
and install all on-site and off-site water mains and appurtenances and
will provide all -labor and material to connect the same to existing
mains and facilities of the Orange County waterworks District 14, and
will. comply with.all of the requirements of said District, and with
the plans and specifications for said work signed by, and on file in
the office of the Manager of said District, incorporated herein by
reference.
3. Subdivider agrees to pay all applicable fees assigned by
City. For purposes of this agrec;ncnt, applicable fees shall be defined
as all fees that may be legally assessed through City's ordinances and
resolutions as condit.ions of approval subdividei''s subdivision and
pioposcid ir_provements.
sK 13427 PG 499
4. Subdivider sha) furn.is:h one Mood and r uf_ cunt bond in
accordance with the provi siolI:,.of Chapter 5 of I)ivi.si.on 2 of. TiL)e 7 of,
the Govrrnnu,nt C'odcl f:aid pond shall he in an mm,uat .,-qua] Lo the lochl
estimated cost of work and improvements not to be dedicated to City but
inspected by City ),crsonnel. Said bond sha).1 be conditioned upon faithful.
performance of this agrccmcnt.
5. Subdivider shall furnish two good and sufficient bonds in
accordance with the -provisions of Chapter 5 of Division 2 of Title 7 of
the Government Code, said bonds to be in the amount:; and for the following
purposes: (a) an amount equal to the total esti-mated cosi: of the said work
and improvements to be dedicated to City, conditioned upon the faithful
performance of this agreement, and (b) an additional amount- equal. to the
total estimated cost of the said work and improvements to be dedicated
to City securing payment to the contractor, his subcontractors, and to
persons renting equipment or furnishing labor or materials to them for
the improvements.
6, The City Engineer of the City of San Juan Capistrano may make
such changes, alterations or additions to the plans and specificatio)!s
for said work and improvement which do not exceed ten percent (100) of
the total estimated cost set forth in Item 4 above, as may be determined
necessary and desirable by him for the proper completion of said work and
improvement or as required for the safety and welfare of the public and no
such changes, alterations or additions shall relieve the Subdivider from
the faithful performance of this agreement-.
7: Subdivider agrees to complete all of said work and improvemeLt
and to pay all costs specified herein within a period of 1 year
f�om the date hereof.
8. It is agreed by and between the parties hereto that in the event
it is deemed necessary to extend the time of completion of the work End
improvement to be done under this agreement, said' extension may be
granted by the City Council of the City of San Juan Capistrano or its
duly authorized officer, and shall in no way affect the falidity of
this agreement or the obligations hereunder. Bonds furnished hereuncer
shall be kept in full force and effect until said work and improvements
shall be deemed complete, approved and accepted as completed by said
City Council unless the same are reduced.
9. Subdivider agrees that City may, without any notice, and at
its sole option, at any time after the said time for completion has
passed, complete, or cause to be completed, all or any part of the said
work, and Subdivider shall pay to said City, upon demand, all of the
cost of any of said work done by the City, its agents and contractors, or
any of them, to comjlete all or any part of said work.
10. Subdivider agrees to pay City such sum as the Court may adjuege
as reasonable for the legal services of any attorney representing the
City in any action brought to enforce or interpret the obligations of
this instrument, and such sum shall be made a part of any judgment in
such action against the Subdivider if such action is determined in favor
of the said City.
11, City, its officers and employees, except for their own acts,
shall not be liable or responsible for any accident, loss or damage
happening or occurring to the improvements specified in this agreement
prior to the completion and acceptance of said improvements by the City.
12. At all times from the acceptance by the City Council of the
dedications offered on the final map of said tract Lo the completion
and acceptance of the improvements described herein, Subdivider shall
perform all wort: in a safe, workmanlike manner and shall take such
precautions as may be necessary to warn and pi-otect- the public from any
dangerous condition caused by the construction of said improvements.
13. Subdivider e.hall hold City, its officers and
employees harmlc.s
from any and
all claims, demands, causes of
action,
liability or loss
of any sort
because of., or arising out of,
the acts
or omissions of the
Subdivider,
his cout,acCor, subcontractors,
agent.,; or
employers in the
perlorm;iucc
of this; aryrcc•ment.
-2-
BK 13427 PB 500
14. Subdivider has read and agrees to abide by condi Cion number 13
of City Council Resolution #79-10-17-3 whereby:
The property owner shall enter into an agreement with the
City that if building permits are not issued within 12 months
of this approval for the future development of the property
pursuant to A.C. 79-7, the property owner shall process a
reversion to acreage for Tentative Parcel Map 851 into its
original configuration.
-3-
M
BK 13427 PG 5U
851
Executed at San Juan Capistrano, California this 28th
day
/-i l- _ "-\0 D \. SUBDIVIDER
Philip Dtener
\J COLLINS/DIVERSIFIED
By—
APPROVED AND RECOMIMENDED
FOR EXECUTION:
cf/j. �Ld
City MEngineer
t Orange County
s District 44
STATE OF
COUNTY OF
) ss
CITY OF SAN JUAN CAPISTRANO
By Ja✓i --
l+�Y'azrr.^i'i'i
J/
ty lsl a.dAU
ON 19 before
me,.the undersigned a Notary Public in
and for said State, personally appeared
known to me, to bg
one of the partners of the partnership
that executed the within instrument, and
acknowledged to me that such partnership
executed the same.
WITNESS my hand and official seal.
-4-
Name typed or printed
Notary Public in and
for said State.
tt '
BK 13427 PB 502
STATE OF CALIF'Ci2NIA )
) S.S.
COUN'T'Y OF 012ANGE )
On November 27, 1979 before me, the under blic
in and for said County and State, personally a
Whitener known to me to be t- Se
naive is subscribed to the within vwledged
that he__ executed the same.
SEAL
c
•
J74Jacquyn McBride ;OFFICIAL SEAL �
• JACQUOLYN McBRIDE
•
• b NOTARY PUBLIC—CALIFORNIA
• PRINCIPAL OFFICE IN
ORANGE COUNTY
• My Commission Expires Aug. 26, 1983
STATE OF CALIFORNIA )
) S.S.
COUNTY OF ORANGE )
On November 27, 1979 before me, the undersigned, a Notary Public
in and for said County and State, personally appeared Ch_a_unCoy_C_-_._
Hubbard known to me to be the person whose
name is subscribed to the within instrument and acknowledged
that he executed the same.
i7acquoly McBride &j
n
STATE OF CALIFORNIA )
) S.S.
COUNTY OF ORANGE )
SEAL
OFFICIAL SEAL •
JACQUOLYN McBRIDE i
• "°� NOTARY PUBLIC—CALIFORNIA •
PRINCIPAL OFFICE IN j
♦ ORANGE COUNTY
My Commission Expires Aug. 26, 1983
On November 27 , 1979 , before me, the undersigned, a Notary
Public in and for said County and State, personally appeared Edward
Bach and John C. Collins, known to me to be the two general partners
of Collins/Diversified, a California general partnership, the partner-
ship that executed the within instrument, and acknowledged to me that
such partnership executed the same.
WITNESS MY HAND AND OFFICIAL SEAL
OFFICIAL SEAL •
JACQUOLYN McBRIDE i
• d NOTARY PUBLIC—CALIFORNIA
• PRINCIPAL OFFICE IN
i ORANGE COUNTY
My Commission Expires Aug. 26, 1983
v'.
BK 134'27 PG 503
STATE OF Ca i fornia
COUNTY OF
Orange ss.
City of San Juan Capistrano ON December 3 1979 ,
before me, the undersigned, a Notary Public in and for said State, personally appeared
F 'A�
... .:
CORPORATE ACKNOWLEDGMENT FORM
known to me to be the
municipal Capistrano
thi/Corporation that executed the within Instrument, known to me to be the person who
executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged
to me that such Corporation executed the same.
WITNESS my hand and official seal.
Notary Public in and for
_-�`_- Californ--a ---- --- 5 ------------- -- --
STATE OF
COUNTY OF Orange
City of San Juan Capistrano ON November 28 1979
before me, the undersigned, a Notary Public in and for said State, personally appeared
W
OFFICIAL SEALL
:CTHERYL A JOHNSON
RY PUBLIC - CALIFORNIA
ORANGE COUNTY
omm, expires DEC 28, 1981
CORPORATE ACKNOWLEDGMENT FORM
KENNETH E. FRIESS known to me to be the
Mavnr. of City of San Juan Capistrano
the/Corporation that executed the within Instrument, known to me to be the person who
executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged
to me that such Corporation executed the same.
WITNESS my hand and official seal.
a
otary Public i and for said State.
--------------------------------------
CORPORATE
--------------------------------_
BK 13427 Pc 489
StilAividcl' sha) ful.-ni.rsh 0110 rl0ocl and L,uf cicnt Long in
A vco1'd:111 co with the provi. r.iott:; of Ch, tptcr 5 of I)i Vi.:;i.o11 2 of. T.i. L I c 7 of
the Ct�vrrnnunt Cotler r.nid Lonrl r:h.�ll be in all-imollnt (•c)ua.1 Lo Ll)o todal.
C BK 13427PG 501
L'
BK 13427 PG 503
STATE OF ('a] ifornia
COUNTY OF
Orange ss.
City of San Juan Capistrano ON December 3 19-i9--'
before me, the undersigned, a Notary Public in and for said State, personally appeared
Cheryl A. Johnsonknown to me to be the
Deputy_ C__ty _Clerk of the Cid of San Juan
4M municipal_ Capistrano
the/Corporation that executed the within Instrument, known to me to be the person who
executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged
to me that such Corporation executed the same.
",J ? WITNESS my hand and official seal.
CORPORATE ACKNOWLEDGMENT FORM
STATE OF
COUNTY OF "Jam
City of San Juan Capistrano
OFFICIAL SEAL
CHERYL A J:HNSONm NOTARY PUBLIC ALIFORNIA
ORANGE CNMycommexpiresEC 28, 1981
CORPORATE ACKNOWLEDGMENT FORM
Notary Public in and for
} ss.
ON November 28 1979
before me, the undersigned, a Notary Public in and for said State, personally appeared
KENNETH E. FRIESS
Mavor. of Citv of San
Iwn to me to be the
trano
the/Corporation that executed the within Instrument, known to me to be the person who
executed the within Instrument, on behalf of the Corporation, therein named, and acknowledged
to me that such Corporation executed the same.
WITNESS my hand and official seal.
otary Public !A -and for said State.
6. RELEASE OF GRADING BOND, PLAZA DEL RIO, CAMINO
CAPISTRANO (COLLINS DIVERSIFIED)
(49) As set forth in the Report dated September 21, 1982, from
the Director of Public Works, the developer has completed
all grading work required and the work has been inspected by
the Building and Safety Division and found to be in
conformance with the approved grading plan and the City's
Grading Code.
Staff was authorized to release Grading Bond No. 400 Fr
4308 issued by St. Paul Fire and Marine Insurance Company in
the amount of $114,000.
0 0
AGENDA ITEM September 21, 1982
TO: Stephen B. Julian, City Manager
FROM: W. D. Murphy, Director of Public Works
SUBJECT: Release of Grading Bond, Plaza Del Rio,
Camino Capistrano (Collins Diversified)
QTMTTaTTnM
The developer has completed all grading work required for Plaza Del
Rio on Camino Capistrano, and has requested release of the Grading
Bond posted for that work. The Building & Safety Division has
inspected and accepted the work and recommends the release of the
bond.
The Grading Bond referred to in this action is as follows:
Bond No. Underwriter Amount
#400 FR 4308 St. Paul Fire & Marine Ins. Co. $114,000
FINANCIAL CONSIDERATIONS
There are no direct costs to the City by this action.
ALTERNATE ACTIONS
1. Authorize Staff to release the grading bond.
2. Do not release the grading bond.
3. Refer to Staff for additional information.
RECOMMENDATION
By motion, authorize Staff to release the Grading Bond for Plaza Del
Rio, in the amount of $114,000.
Respectfully submitted,
W. D. Murphy
WDM/OML:ol
attachment
kCtR C;tTY Ox"
State of California ss:
County of orange
On August 22, 1980 , before me, a Notary Public in and for said County and State, residing
therein, duly commissioned and sworn, personally appeared
John C. Tweedie
known to me to be Attorney -in -Fact of St. Paul Fire and Marine Insurance Company
the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed
the said instrument in behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year stated in this certificate above.
�.............................
2 OFFICIAL SEAL
My Commission Expires t M11
Notary "u 6!i:Ca�ifo-rte Notary Public
'--'� CRrN";E COUNTY
360212$66 .._,'1v!=oamisiior. _[, p��.,`,y_ez,�`� r.'!;q�'+•
0
RISERICIIN STORES PROPERTIES. INC.
September 1, 1982
Mr. Rognor Fredlund
Department of Building
and Safety
City of San Juan Capistrano
32400 Paseo Adelanto
San Juan Capistrano, CA 92675
Dear Mr. Fredlund:
Former Alpha Beta Location #128
San Juan Capistrano, California
RECEIVED
SEP 1 1 28 PM P82
CITY OF
644 .tUAP,
In regard to our phone conversation, please request formal
release of Bond #400 FR 4308 issued by St. Paul Fire and
Marine Insurance Company, per the attached. We were
required by the City of San Juan Capistrano to provide a
bond in the amount of $114,000 so that Grading Permit No.
102G for Parcels A, B, C, and D at Avenida Padre and Camino
Capistrano could be issued.
Thank you for your follow-up on this matter.
Sincerely, /
Elaine Cubelli
Real Estate Representative
bf
Attachment.
cc: Mr. Ben Levin, Alpha Beta Company
777 SOUTH HARBOR BOULEVARD / LA HABRA. CALIFORNIA 90631 /TEL E PHONE (] 14) ]38-2000
A Subsla,afy of American Sores Company
BOND #400 FR 4308
•DIVISION OF BUILDING AND SAFETY 46PREMIUM: $570.00
CITY OF SAN JUAN CAPISI'RANO-
GRADING PERMIT �;i)RFTY BOND
SNOW ALL ?MEN BY THBSF. PRESENTS: That Collins/Diversified
and Alpha Beta—Company _
as Principal, is held and firmly bound unto the City of San Juan
Capistrano in the just and full sum of $114,000.00
DOLLARS, forn� of whicof which, well and
duly made, said Principal binds himself, his heirs, adminirtraters,
successors and assigns, jointly and severally, firmly by thu�c
presents.
THE CONDITION OF THE ABOVE OBLIGATION! IS SUCH THAT,
WHEREAS, the said Principal above named is applicant under
Grading Permit No.—�C of the City of San Juan Capistrano,
California, for an excavation or fill of 250 yards or more, on the
following described property: Located at the intersection of Avenida
Padre and Camino Capistrano in the City of San Juan Capistrano,
and: County of Orange,Identified as Parcel A,B,C, & Don the Plot
Plan
WHEREAS, the estimated cost of the work authorized by the
permit is $ 114,000.00
NOW, THEREFORE, it is agreed that if the Principal shall:
a) Comply with all the provisions of the San Juan Capistrano
Grading and Excavation Code, "Ordinance No. 367, Article 2,_
Section 1 through 24 inclusive";
b) Comply with all the terms and conditions of the permit to
the satisfaction of the Director of Public Works;
C) Complete all of the work contemplated under the said
permit within thy, t.irre limit specified i.n the permit, and any
extension or extensions thereof;
d) Reimburse the City for any work the Division of Building
and Safetv deems necessary to complete, correct or otherwise under-
take the wcrk specified in the permit, or any work deemed necessary
for the public safety, because of any failure on the part of the
Principal, then this obligation shall be null and void; otherwise
it shall remain in full force and effect,
PROVIDED, HOW..EVER, that the said surety, for value received,
hereby stipulate and aq_rees.that no changes, extension of time,
alteration or modification of the permit or of the work to be
performed thereunder shall in any way affect its ohlig:,tion on
this bond and it does hereby waive notice of any such change,
extension of t.imc, alteration or modification of the permi: or
of work to be performed thereunder; and
PROVIDED, PURTIIER, that 2n case suit is brought upon th^ bond
,f by the City or any other person who may bring an action on this
bond, a reasonable attorney's fee, to be fixed by the court, shall
be paid by the Principal.
IN WITNESS WHL:REOP, the said Principal has caused these
presents to be duly signed and sealed this 22nd day of Ala Ust
19 80.
ALPHA BETA COMPANY _
P>�nci Pa—1 ;A
By omas, ecre�ary'
ST. PAUL FIRE AND MARINE INSURANCE COMPANY
rn ,,�� ��
• Al"I I - IN 1'AC'1' i� aIV for s ](Z
9/76 City and State California
John C. Tweedie
LETTER OF0 Stince CW> 185P 0
AMENDMLdNT
WELLS FAR G O BANK,x A.
❑ 475 SANSOME STREET, SAN FRANCISCO, CALIFORNIA 94111
.TJ SOUTHERN CALIFORNIA OFFICE: 770 WILSHIRE BLVD.. LOS ANGELES. CALIFORNIA 90017
INTERNATIONAL DIVISION COMMERCIAL L/C DEPARTMENT CABLE ADDRESS. WELLS
OUR REF. NO. L'. 2662
OATS:
THIS NUMBER MUST BE MENTIONED . •, / +)_�-• L .L , �- V V
ON ALL DRAFTS AND CORRESPONDENCE
• CITY OF' SFS' JUAN CA"IST F- .0
• .32400 PASM DELANTO
• SAI`: JUIN CAPISTRANO, C^. 02675
CREDIT/APNO. LP. 2662
ISSUED BY: OURSELVES
FORACCOUNTOF COLLI',S /DIVER -cIFIT), C.a..'"'ORNTP. GENT AL PARTN CHIP
GENTLEMEN:
WE HAVE BEEN REQUESTED BY COLLINS/DU.TERSTFIED, A CALIFORriIA GENERAL
PARTINER 5 L11TP
TO ADVISE YOU THAT CREDIT/ADVICE NO. I.A. 2662
OPENED IN YOUR FAVOR IS AMENDED AS FOLLOWS:
EXPIRATION DATE EXTENDED TO NOVEMBER ?0, 1981.
ALL OTHER CONDITIONS REMAIN UNCHANGED
tC
- "- AUTNORIZ URE
LETTER OF• Since 0071853 •
AMENDMENT
WELLS FAR G O BAlV IZ x a.
Cl 475 SANSOME STREET, SAN FRANCISCO, CALIFORNIA 94111
X] SOUTHERN CALIFORNIA OFFICE: 770 WILSHIRE BLVD- LOS ANGELES, CALIFORNIA 90017
INTERNATIONAL DIVISION COMMERCIAL L/C DEPARTMENT CABLE ADDRESS, WELLS
OUR REF. NO. LA 2662
THIS NUMBER MUST BE MENTIONED
ON ALL DRAFTS AND CORRESPONDENCE
CREDIT/AP NO. IA 2662
ISSUED BY: OURSELVES
DATE: NOVMER 219 1980
MAIL TO
PLEASE SEND THE ENCLOSED ORIGINAL LETTER OF AMENDMENT TO THE
BENEFICIARY.
FOR ACCOUNT OF COLLINS/DIVERSIFIED. A CALIFORNIA GENERAL PARTNERSHIP
GENTLEMEN:
WE HAVE BEEN REQUESTED BY COLLINS/DIVERSIFIED, A CALIFORNIA GENERAL
PARTNERSHIP
TO ADVISE YOU THAT CREDIT/ADVICE NO. LA 2662
OPENED IN YOUR FAVOR 15 AMENDED AS FOLLOWS:
EXPIRATION DATE EXTENDED TO NOMMER 309 1981.
ALL OTHER CONDITIONS REMAIN UNCHANGED
tc
---
_ AUTHORIZE
STRAIGHT IRREVOCABLE sll,,; ��I•;;
LETTER OF CREDIT
WELLS FAR G O SANK .N. e.
L 975 SANSOME STREET, SAN FRANCISCO CAL.II OHNIA 91111
❑X770
WILSHIRE BLVD., LOS ANGELES, CALIFORNIA 90017
ISI
INTERNATIONAL DIVISION COMMERCIAL L/C DEPARTMENT CABLE ADDRESS. WELLS
OUR LETTER LA 2662
OF CREDIT NO. AMOUNT: $70,000.00 DATE: NOVEMBER 23, 1979
THIS NUMBER MUST BE MENTIONED
ON ALL DRAFTS AND CORRESPONDENCE
. CITY OF SAN JUAN CAPISTRANO
32400 PASEO ADELANTO
• SAN JUAN CAPISTRANO, CALIFORNIA 92675
GENTLEMEN:
OUR REIG OFFICE
BY ORDER OF
AND FOR ACCOUNT OF COLLINS/DIVERSIFIED, A CALIFORNIA GENERAL PARTNERSHIP
WE HEREBY AUTHORIZE YOU TO DRAW ON Us
UP TO AN AGGREGATE AMOUNT OF SEVENTY THOUSAND AND N0/100 U.S. CURRENCY
SIGHT
AVAILABLE BY YOUR DRAFTS AT
ACCOMPANIED BY
A SIGNED STATEMENT BY THE CITY ENGINEER: INDICATING THAT "COLLINS/DIVERSIFIED HAS FAILED
TO PAY FOR LABOR AND MATERIALS FOR PUBLIC IMPROVEMENTS AS REQUIRED BY THAT CERTAIN SUBDI—
VISION AGREEMENT FOR A PROPOSED SUBDIVISION, KNOWN AS PARCEL MAP NO. 851 BETWEEN THE CITY
OF SAN JUAN CAPISTRANO AND COLLINS/DIVERSIFIED."
PRESENTEDS R OFFICE NOT LATER AN
DRAFTO
TS MUST BE DRAWN AT
DTH ITTS H 7YRGWE!E*%
RAFTS DRAWN UNDER SMUST DATE AND NUMBER.
ALL DER
EARL
YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS CREDIT WILL BE
DULY HONORED UPON PRESENTATION TO US. THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND
PRACTICE FOR DOCUMENTARY CREDITS (1974 REVISION) INTERNATIONAL CHAMBER OF COMMERCE
PUBLICATION NO. 290.
�_ AUTHORIZED SIG RE
STRAIGHT IRREVOCABLE
LETTER OF CREDIT
WELLS FARGO BANK.rr.A,
� 1 .75 SANSOME STREET, SAN FRANCISCO. CALIFORNIA 99111
L✓770 WILSHIRE BLV-., L05 ANGELES, CALIFORNIA 90011
INTERNATIONALDIVISION COMMERCIAL L/C DEPARTMENT CABLE ADDRESS. WELLS
OUR LETTER
OF CREDIT NO. LA 2663 AMOUNT: $70,000.00 DATE: NOVEMBER 23, 1979
THIS NUMBER MUST BE MENTIONED
ON ALL DRAFTS AND CORRESPONDENCE
• CITY OF SAN JUAN CAPISTRANO
' 32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CALIFORNIA 92675
GENTLEMEN:
BY ORDER OF OUR REIG OFFICE
AND FOR ACCOUNT OF COLLINS/DIVERSIFIED, A CALIFORNIA GENERAL PARTNERSHIP
WE HEREBY AUTHORIZE YOU TO DRAW ON US
UP TO AN AGGREGATE AMOUNT OF SEVENTY THOUSAND AND N0/100 U.S. CURRENCY
AVAILABLE BY YOUR DRAFTS AT SIGHT
ACCOMPANIED BY
A SIGNED STATEMENT BY THE CITY ENGINEER: INDICATING THAT "COLLINS/DIVERSIFIED HAS FAILED
TO PERFORM ON PUBLIC IMPROVEMENTS AS REQUIRED BY THAT CERTAIN SUBDIVISION AGREEMENT FOR A
PROPOSED SUBDIVISION, KNOWN AS PARCEL MAP NO. 851 BETWEEN THE CITY OF SAN JUAN CAPISTRANO
AND COLLINS/DIVERSIFIED."
DRAFTS MUST BE DRAWN AND PRESENTED TO US AT OUR OFFICE NOT LATER THAN ��jjnn����MM�1���..++pp '��((�� ,Qjj
ALL DRAFTS DRAWN UNDER THIS CREDIT MUST BEAR ITS DATE AND NUMBER. WE H'EFiEt�'Y"AcXoE4414
YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS CREDIT WILL BE
DULY HONORED UPON PRESENTATION TO US. THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND
PRACTICE FOR DOCUMENTARY CREDITS (1974 REVISION) INTERNATIONAL CHAMBER OF COMMERCE
PUBLICATION NO. 290.
AUTHORIZED SI A -UR.
LETTER OF smi ��� 1852
AMENDMENT 40
WELLS FARGO BANKjT.,v
❑ 475 SANSOME STREET, SAN FRANCISCO, CALIFORNIA 94111
CX SOUTHERN CALIFORNIA OFFICE: 770 WILSHIRE BLVD, LOS ANGELES, CALIFORNIA 90017
INTERNATIONAL DIVISION COMMERCIAL L/C DEPARTMENT CABLE ADDRESS: WELLS
OURREF.No. LA-2664 DATE: NOVEMBER
24, 1980
THIS NUMBER MUST BE MENTIONED
ON ALL DRAFTS AND CORRESPONDENCE
CITY OF SAN JUAN CAPISTRANO
32400 PASEO ADELANTO
SAN JUAN CAPISTRANO, CALIFORNIA 92673
CREDIT/APNO, LA-2664
ISSUED BY: OURSELVES
FORACCOUNTOF COLLINS/DIVERSIFIED, A CALIFORNIA GENERAL PARTNERSHIP
GENTLEMEN:
WE HAVE BEEN REQUESTED BY COLLINS/DIVERSIFIED
TO ADVISE YOU THAT CREDIT/ADVICE NO. LA-2664
OPENED IN YOUR FAVOR IS AMENDED AS FOLLOWS:
EXPIRATION DATE EXTENDED TO NOVEMBER 30, 1981.
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2 ALL OTHER CONDITIONS REMAIN UNCHANGED /
MC
AUTHORIZE U >•�
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LTTER OF CREDIIT
• •
W L ctil F-An G O B K ,N A.
Ll 675 SANSOME STREET, SAN FRANCISCO, CALIFORNIA 94111
L6 770 WILSHIRE BLVD., LOS ANGELES, CALIFORNIA 90017
INTERNATIONAL DIVISION COMMERCIAL L/C DEPARTMENT CABLL ADDRESS: WELLS
OUR LETTER
OF CREDIT NO. LA 2664 AMOUNT. $2,000,00 DATE: kjOV�',MHEF ( 23, 1979
THIS NUMBER MUST BE MENTIONED
ON ALL DRAFTS AND CORRESPONDENCE
• CITY OF SAN JUAN CAPISTRANO '
' 32400 PASEO ADELANTO '
SAN JUAN CAPISTRANO, CALIFORNIA 92675
GENTLEMEN:
BY ORDER OF OUR REIG NEWPORT BEACH OFFICE
AND FOR ACCOUNT OF COLLINS/DIVERSIFIED, A CALIFORNIA GENERAL PARTNERSHIP
WE HEREBY AUTHORIZE YOU TO DRAW ON OURSELVES
UP TO AN AGGREGATE AMOUNT OF TWO THOUSAND AND NO/100 U.S. CURRENCY
AVAILABLE BY YOUR DRAFTS AT SIGHT
ACCOMPANIED BY
A SIGNED STATEMENT BY THE CITY ENGINEER: INDICATING THAT
"COLLINS/DIVERSIFIED HAS FAILED TO PAY FOR MONUMENTATION FOR PUBLIC IMPROVEMENTS
AS REQUIRED BY THAT CERTAIN SUBDIVISION AGREEMENT FOR A PROPOSED SUBDIVISION
KNOWN AS PARCEL MAP NO. 851 BETWEEN THE CITY OF SAN JUAN CAPISTRSANO AND
COLLINS/DIVERSIFIED."
DRAFTS MUST BE DRAWN AND PRESENTED TO US AT OUR OFFICE NOT LATER THAN jj��((J�jj�j�;!�Mj�jjii ((�� 'I ffjj((��
ALL DRAFTS DRAWN UNDER THIS CREDIT MUST BEAR ITS DATE AND NUMBER. WE�AZ'fFES9RA�li1=�9WY'TH
YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS CREDIT WILL BE
DULY HONORED UPON PRESENTATION TO US. THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND
PRACTICE FOR DOCUMENTARY CREDITS (1974 REVISION) INTERNATIONAL CHAMBER OF COMMERCE
PUBLICATION NO. 290.
AUTHORIZED NATURE
Ms. Darlene Selfe
WELLS FARGO BANK
Real Estate Industries Group
660 Newport Center Drive
Suite 1200
Newport Beach, CA 92660
Re: Letters of Credit
LA 2662, LA 2663 6 LA 2664
Issued to City of
San Juan Capistrano
Dear Darlene:
In connection with its San Juan Capistrano project, Collins/
Diversified was required to furnish to the City of San Juan
Caoistrano Letters of Credit LA 2662 ($70,000.00), LA 2663
($70,000.00) and LA 2664 ($2,000.00). The Letters of Credit
were originally dated November 23, 1979 and Letters of Credit
LA 2662 and 2664 were to expire November 30, 1980, Letter
of Credit LA 2663 was to expire November 30, 1981.
In November, 1980, at the request of the City of San Juan
Capistrano, we had Wells Fargo Bank extend the expiration
date of Letters of Credit LA 2662 and LA 2664 to November 30,
1981.
We have now been informed by the City of San Juan Capistrano
that it is necessary to extend Letter of Credit LA 2662 until
February 28, 1982 and Letter of Credit LA 2663 until November 30,
1982. Letter of Credit LA 2664 is no longer required.
COLLINSAIVERSIFIED
DEC
270 S P,RISIOL SIREEI. SUITE 201. COSTA MESA, CALIFORNIA 92626 p14) 957,2551
-
--
December 29,
1981
Ms. Darlene Selfe
WELLS FARGO BANK
Real Estate Industries Group
660 Newport Center Drive
Suite 1200
Newport Beach, CA 92660
Re: Letters of Credit
LA 2662, LA 2663 6 LA 2664
Issued to City of
San Juan Capistrano
Dear Darlene:
In connection with its San Juan Capistrano project, Collins/
Diversified was required to furnish to the City of San Juan
Caoistrano Letters of Credit LA 2662 ($70,000.00), LA 2663
($70,000.00) and LA 2664 ($2,000.00). The Letters of Credit
were originally dated November 23, 1979 and Letters of Credit
LA 2662 and 2664 were to expire November 30, 1980, Letter
of Credit LA 2663 was to expire November 30, 1981.
In November, 1980, at the request of the City of San Juan
Capistrano, we had Wells Fargo Bank extend the expiration
date of Letters of Credit LA 2662 and LA 2664 to November 30,
1981.
We have now been informed by the City of San Juan Capistrano
that it is necessary to extend Letter of Credit LA 2662 until
February 28, 1982 and Letter of Credit LA 2663 until November 30,
1982. Letter of Credit LA 2664 is no longer required.
t,, 0
Ms. Dalene Selfe
WELLS FARGO BANK
Page two
December 29, 1981
0
Darlene, please see that these two Letters of Credit are
extended as requested herein.
Very truly yours,
COLLINS/DIVERSIFIED
Manuel J .'Armendariz
Vice President -Finance
MA/dls
cc: John Collins
Ed Bach
Jan Petersen /
Marty Bryant ✓
1]
E
MEMORANDUM November 28, 1979
TO: Cathy DuCoing, Records Coordinator
FROM: Marty Bryant, Principal Engineering Aide
SUBJECT: Surety - Parcel Map 851
SITUATION
The following is the breakdown of the sureties for Parcel Map
851:
Surety No. Amount
Type
Company
Purpose
LA 2662 $70,000
Letter of
Wells Fargo
Labor & Materials/
Credit
Bank
Public - fel
LA 2663 70,000
Letter of
Wells Fargo
Faithful Perform -
Credit
Bank
ance/Public
LA 2664 2,000
Letter of
Wells Fargo
Monumentation
Credit
Bank
These sureties are
attached for
your files.
'Ab
Marty Bryant
CMB/tw
Attachments