06-1030_SADDLEBACK VALLEY CHRISTIAN SCHOOL_Grading Surety Agreement MEMORANDUM February 11, 2008
TO: Meg Monahan, City Clerk
FROM: Nasser Abbaszadeh, Engineering & Building Director Ivr,
SUBJECT: Grading Bond Release, Saddleback Valley Christian School (Phase 1)
26333 Oso Rd
This memorandum is authorization to release the grading bond posted for the above
reference address. The grading for the project has been completed sufficiently to warrant
the release of the bond.
The Certificate of Deposit number 11561807 in the amount of $18,488.00, held by
Farmers & Merchants Bank, was posted as security for the bond. A copy of the Surety
Agreement and Certificate of Deposit is attached for your information. If you have any
questions, please contact me.
Attachment
cc: file
Contact information:
Saddleback Valley Christian School
26333 Oso Rd
SJC, CA 92675
Bruce Harbin
949-443-4050
COPY
GRADING SURETY AGREEMENT
THIS AGREEMENT is made by and between the CITY OF SAN JUAN CAPISTRANO, a
municipal corporation, hereinafter referred to as the "City" and
Sadd16bddki.Ua11ey Christian ScIlpol Non-Profit Corporation (General
Partnership, Limited Partnership, California Corporation, etc.)referred to as "Developer".
WITNESSETH
WHEREAS, City will issue a Grading Permit to Developer to construct certain
designated improvements which constitute a portion of that real property at the location of
26333 Oso Road commonly referred to as
Saddlebadkr,3Lalley ChTistinn School ii�w 1
WHEREAS, San Juan Capistrano Municipal Codes Section 8-2.08 requires the
posting of financial security to secure the faithful performance and labor and materials for
the grading and installation of improvements connected with issuance of grading permits
including the construction of drainage and protection devices and any other corrective work
to remove and eliminate engineering and geological hazards.
WHEREAS, San Juan Capistrano Municipal Code Section 8-2.09 authorizes the
Building Official to require additional bonding as security to ensure against adverse
aesthetic impacts arising from incomplete grading and/or improvements from development
projects which have not been completed.
WHEREAS, the Building Official finds that the proposed project site is highly
prominent and visible to the community, has unique topographic features or involves
substantial grading of slope areas.
NOW, THEREFORE, in consideration of the premises and promises hereinafter
contained, City and Developer agree as follows:
1. Developer's Improvements Obligations. Developer shall, at its sole cost and
expense, provide and furnish all labor, materials and equipment for the construction of
grading improvements as approved by the City Engineer. The grading permit and plans
which describe all the work to be constructed per this agreement are on file in the office of
the City's Building Official,
y 002 r,
U
2. Developer's Security. Developer shall provide a cash deposit or a bond by a
duly authorized corporate surety,subject to the approval as to form of the City Attorney,or
as approved by the City Engineer,to secure Developer's improvement obligations required
under this agreement.
The amount of the bond shall be$ 18,488.00 for all onsite grading
improvements as approved by the City Engineer.This security shall also serve as security
for restoration of the site. A copy of the surety instrument, as approved by the City
Attorney, is attached as Exhibit"A".
3. Completion of Improvements. To ensure the protection of the public safety,
health and welfare, Developer shall construct all said improvements in accordance with
the schedule as set forth in Exhibit"B", and the conditions as set forth in Exhibit"C'.
4. Developer Default. In the event Developer does not complete the required
improvements, including erosion and silt control measures within the time required, using
Best Management Practices(BMP)in'implementing a Water Quality Management Plan in
full compliance with Orange County National Pollutant Discharge Elimination System
(NPDES) Storm Water Implementation Agreement and San Juan Capistrano Municipal
Code Section 8-14, or abandons the project site, or suspends work for more than twenty
working days other than previously prescribed, City shall have the right to immediately
declare a default and to make demand on the surety for performance.
5. Restoration of Site: San Juan Capistrano Municipal Code Section 8-2.09
allows the City to require bonding as security to ensure against adverse aesthetic impacts
arising from uncompleted grading,drainage and/or improvements which includes illicit non-
storm drain water discharge. The purpose of this bonding shall be to restore the property
to a safe and acceptable condition if the Developer defaults. This restoration shall include
but not be limited to the following:
.A. Dismantle and/or demolish improvements;
B. Grade property to its original contours as shown on the approved
grading plans
C. Remove all debris and construction materials from the site; and
D. Install erosion and silt control devices, including hydroseeding, to
insure a uniform vegetative cover, or equivalent stabilization
measures which include the use of such Best Management Practices
as blankets, fiber matrices, catch basin filters, or other erosion
resistant soil coverings or treatments to satisfaction of the Director of
Engineering and Building:
6. AttomeVs Fees. Developer agrees to pay City such sum as the court may
judge as reasonable for the legal services of an attorney representing the City in an action
brought to enforce or interpret the obligations of this agreement, and such sum shall be
made a part of any judgment in such action against Developer if such action is determined
in favor of said City.
7. Developer's Work in Safe Condition. Developer shall perform all work in a
safe workmanlike manner and shall take such precautions as may be necessary to warn
and protect the public from any dangerous condition caused by the construction of said
improvements.
8. - Liabili . Developer shall hold City,its officers,and employees harmless 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 Developer, his contractor,subcontractors,agents or
employees in the performance of this agreement.
In witness whereof, the parties have executed this agreement as of
20 at San Juan Capistrano,California.
Developer Saddleback Valley City of San Juan Capistrano
hr's ian School
By: (Signee) Bruce Harbin By: Sam Shoucair
(Title) Owner Senior Engineer
Approved a to For
Jf
AMO
By: JOhn Shaw
City Attorney
EXHIBIT "B"
SCHEDULE FOR COMPLETION OF IMPROVEMENTS
Completion Date Task
11-15-2005
Rough Grade Certifipation
3-15-2007 Landscape Irrigation
4-1S-2007 Landscape Planting
v
EXHIBIT "C"
CONDITIONS FOR COMPLETION OF IMPROVEMENTS
1. The grading for this project shall be in strict conformance with the approved grading
plans as well as the San Juan Capistrano Municipal Code.
2. Grading operations shall commence within fourteen (14) calendar days after
issuance of a grading permit.
Winter grading will be conducted in strict accordance with the dynamic erosion and
silt control plan submitted by the Developer,and approved by the-City. This erosion
and silt control plan reflects erosion and silt mitigation measures for expected
grading conditions as the work progresses through the winter season and shall not
be amended except with the permission of the City.
In the event Developer does not wish to implement winter grading,or permission for
winter grading is rescinded, static erosion and silt control plans reflecting current
conditions of grading shall be submitted within ten (10) days of cessation of work.
These plans shall:
1. Identify all pollutant sources including sources of sediment that may affect
the quality of storm water discharges associated with the construction
activity.
2. Include the erosion and sediment control planting and hydroseeding to
insure a uniform vegetative cover or equivalent stabilization measures which
include the use of such Best Management Practices as blankets, fiber
matrices, catch basin filters or other erosion resistant soil covering or
treatments to the satisfaction of the City Engineer.
3. Except as specified in item " " below, suspension in excess of twenty (20)
working days of work authorized by the approved grading plans and grading permit
for subject property, including erosion and sediment control measures and
landscaping and irrigation, shall constitute default of this agreement. -
4. The supervising civil engineer and soils engineer shall file biweekly progress reports
of all grading operations with the Building Official. An interim compaction report,for
that work completed at the time work is suspended for the rainy season, shall be
filed with the Building Official. This interim report shall conform to the grading code
requirements for final compaction reports.
5. Contractor shall cbntrol dust to the satisfaction of the Building Official or his deputy.
During grading, Contractor shall keep water truck on site and dampen work area,
grounds, and loaded trucks.
6. Grading operations suspended during the rainy season shall be resumed no later
than 15 days from date of suspension termination.
7. Installation of interim erosion and sediment control devices and systems shall
commence within seven(7)days after rough grade certification has been approved
by the Building Official and must be completed within fifteen (15) days of rough
grade certification. Final erosion and sediment control devices, planting,
landscaping and irrigation systems shall be installed prior to final inspection of the
grading permit.
8. All work shall be performed in strict observation of the Hours of Operation in
accordance with San Juan Capistrano Municipal Code Section 8-1.03.
9. Contractor shall adhere to conditions of haul route permit and encroachment permit
issued by the City Engineer.
10. Parking for construction crew is to be on-site.
�•; ; 5[n� FARMERS & MERCHANTSMAIN OFFICE
FSK
�l�t1W[I 302 PINE AVENUE 11561807
N BANK LONG BEACH.CA 90802 310437-0011
Oct 27, 20061
WCL *****
Sacldl pba k Va 1 1 ray rhr;St an************************ HAS DEPOSITED
0 t
LL V9.
O 0 Eiahteen Thousand Four Hundred Eighty Ei htNo/100
DOLLARS $ 18,488, QO
PAYABLE TO THE ORDER olCitY of San Juan Capistrano
W m WITH OITEREST AT 82 FA_PER CENT PER ANNUM MONTHS AFTER DATE ON THE RETURN OF THIS CIMIFICATE PROPERLY EHOGRSED. IN CURRENT FUNDS
F— 17108 CERTMGITE SENILE BE CON9[DERED RENEWED AUTOMATrCALLY FOR ANY ADDrt10N4L Pg=OF_ MONTHS BEYOND ITS ORIOWL TERN AND TMWAFFER FOR AVORMAL
Q 3 PERWD8 EACH GF NON11f3 IiI4E55 PRESOlTED FOR AE09IFIION WIRS[N TEN GAYS AFTER THE ORIGVW TERM GR ANY SU88EGUENTTERN PAGVIDED FGA HEREIN,OR U►4ESS THE
V � PAYEE SHALL HA�N NOTICE TO 7HE BARK THIRTY DAYS PRIOR TO THE ORIGSfAL OR ANY SUBS�ENT NATURlfY DAIS OF HIS DESBtE TO REDEEM 7Hq CERTIFICATE
�.. THE BIYOC RETAQ/S THE RIGHT TO REDEEM THIS CERTIFICATE ON THE ORIGINAL OR ANY SUSSEGUFJIT MATURAY OAIE UPON THSiTY DAYS PRIOR WRIREN NOTICE AND RESERVES THE REiNT TO
� O CHANGE 7HE MEREST RATE EOR ANY SU83EpUENT RENEWAL PERgD FROM TgIE TO
Z TORE UPON 71(BtiY OAY8 YAYTIEN NOTICE PRIOR TO THE BEGOOUHO OF SUCN RENEWAL
I W ALL TERMS OF7HISC6�IITEARESIfBJECTTOALLAPPLIGIeLEPRES9lFAND
FUTURE STATEAND FEDERAL LAWSAND REGUUITIONS
V Renew Automatically Collatoral CD
FF�
ate„
32400 PASKO AOELANTO �� MEMBERS OF LLE CRY COUNCIL
SAN JUAN CAPISTRANO,CA 92975
(9497 493-117I SAM ALLEVATO
j�S{� Rlllmm� THOMAS W.HRIBAR
(9491 493-1093 PAx MARK ItIN1IR11 1961
msanjuancapistrano.org 1776 JOESOTO soN
B
BR.w9oREs use
February 11, 2008
Saddleback Valley Christian School
26333 Oso Road
San Juan Capistrano, CA 92675
Attention: Mr. Bruce Harbin
Re: Release of Surety— Certificate of Deposit—Farmers & Merchants Bank. $18.488.00
Dear Mr. Harbin:
The following surety was received from you for issuance of a Grading Permit, according to a Surety
Agreement of October 2006:
SURETY TYPE: Certificate of Deposit
Farmers & Merchants Bank
Acct: 115611807
AMOUNT $18,488.00
GRADING PERMIT: Saddleback Valley Christian School — Phase 1
26333 Oso Road
This letter serves as notification that the City of San Juan Capistrano fully releases this surety.
If you have any questions, please do not hesitate to call me at (949) 443-6308.
Very truly yours,
Meg naha , MMC
City lark
S rely Racal a y:. (Print name)
Sign: Date,, " �
cc: Nasser Abbasndeh, Engineering & Building Director
San Juan Capistrano: Preserving the Past to Enhance the Future
H P,mRR«„Boz ,.9�8 cro.,
32400 PASEO AOELANTO � MEMBERS OF THE CITY COUNCIL
SAN JUAN CAPISTRANO, CA 92675 /i SAMAU.EVATO
(949) 493-1171 ` 111111111111 THOMAS W.HRIBAR
(949) 493-1053 VAX • lStlllls111 ` 1961 MARK
www.sanjuancapistrano.org 1776 OE SOTOsoN
w
DR.LONDRES USO
February 11, 2008
Saddleback Valley Christian School
26333 Oso Road
San Juan Capistrano, CA 92675
Attention: Mr. Bruce Harbin
Re: Release of Surety— Certificate of Deposit—Farmers & Merchants Bank. $18.488.00
Dear Mr. Harbin:
The following surety was received from you for issuance of a Grading Permit, according to a Surety
Agreement of October 2006:
SURETY TYPE: Certificate of Deposit
Farmers& Merchants Bank
Acct: 115611807
AMOUNT $18,488.00
GRADING PERMIT: Saddleback Valley Christian School— Phase I
26333 Oso Road
This letter serves as notification that the City of San Juan Capistrano fully releases this surety.
If you have any questions, please do not hesitate to call me at (949) 443-6308.
Very truly yours,
V i
Meg ahan, MC
City lerk
Suret RReceiv by: (Print name)
Sign: Date
cc: Nasser Abbaszbdeh, Engineering 8 Building Director
San Juan Capistrano: Preserving the Past to Enhance the Future
6�'�1 toned=1W%rm7ded paW
►YI
[ � FARMERS & MERCHANTS BANK 11561807
f('Ff11V� MAIN OFFICE
F BANIf�i PINE AVENUE
L NG BEACH.CA 90802 370437-0074 Oct 27,200619"
N
W ***** r.
saddleback Val IM& *** A*** HAS DEPOSITED
0 rpc7 Eiahty Eigh 119/100 DOLLARS $ 8,488 00
c l Eght-een Thousand Four unci
yr " "FJD'
OICit Juan Capistrano
PAYME TO TE OFUM
IfOIIIILS AFFER DATED"TIRE MUM OFTFBS OERTFlG1TE PROPERLY ENDOWED.
Lu Wlill NTI1tESTAT�')Q�4 PER CENT PER ANNUM�, , PEMO OF„ 1 2 NONM BEYOND RS ORIGINAL TERM AND TiB�ASUR FOR ADOIIgW1L
= T{IB CERTIFICATE BHAIL BE R, AI(IOMATIGLLMY PDR ANY ADDRIDNALTOM PRQVtDW FOR HEREIK OR UNM THE
Q PERIODS EACH OF MDNTIIs uNu�s PRESENT®FOR REDEMPTION WITH TEN DAYS AFTM THE OR!� F05 DESIRE
1l�NDi10E To TME BANK 7IeRn a►Ys PaIOR To T HuaDNAL oR ANY
V N PAYEE
A BAWALL NK RETAINS,
THE RKHHT 7G REDEEM THIS CERWIGTE ON THE ORKMAL OR ANT �T�aTE UPON TN9iiY DAYS PRIOR WRJf7B/No710E AND RESERVES R To
0 OWMTIENIEiFSTRATE IMANID$WMEOUE TRE EWALPERIODFROMTMIETO /
Z TME WON TIC m DAYSwTU m NOTICE PIHIDR TO THE eEH3o�OF TiaJCN RENEWAL
Q FALL TEMN OF UTURESTATEA�rmLAWSSAAWREiUu►SLZAW TO ALL "G`EEPRESeITA+o
W �
O Renew Automatically Collatoral CD
RELEASED
Date:
Sign
City Clerk '
City of Sa Ju plstra o, CA
t
I
I
i
1
j
f
DOMMAL
GRADING SURETY AGREEMENT
THIS AGREEMENT is made by and between the CITY OF SAN JUAN CAPISTRANO, a
municipal corporation, hereinafter referred to as the "City" and
SaddIbbdcki.Valley Christian Scilpol Non-Profit Corporation (General
Partnership, Limited Partnership, California Corporation, etc.)referred to as"Developer".
WITNESSETH
WHEREAS, City will issue a Grading Permit to Developer to construct certain
designated improvements which constitute a portion of that real property at the location of
26333 Oso Road commonly referred to as
3addleback•,,Val l Py Christian School phase. I
WHEREAS, San Juan Capistrano Municipal Codes Section 8-2.08 requires the
posting of financial securityto secure the faithful performance and tabor and materials for
the grading and installation of improvements connected with issuance of grading permits
including the construction of drainage and protection devices and any other corrective work
to remove and eliminate engineering and geological hazards.
WHEREAS, San Juan Capistrano Municipal Code Section 8-2.09 authorizes the
Building Official to require additional bonding as security to ensure against adverse
aesthetic impacts arising from incomplete grading and/or improvements from development
projects which have not been completed.
WHEREAS, the Building Official finds that the proposed project site is highly
prominent and visible to the community, has unique topographic features or involves
substantial grading of slope areas.
NOW, THEREFORE, in consideration of the premises and promises hereinafter
contained, City and Developer agree as follows:
1. Developer's Improvements Obligations. Developer shall,at its sole cost and
expense, provide and furnish all labor, materials and equipment for the construction of
grading improvements as approved by the City Engineer. The grading permit and plans
which describe all the work to be constructed per this agreement are on file in the office of
the City's Building Official,
SD
2. Developer's Security. Developer shall provide a cash deposit or a bond by a
duly authorized corporate surety, subject to the approval as to form of the City Attorney,or
as approved by the City Engineer,to secure Developer's improvement obligations required
under this agreement.
The amount of the bond shall be $ 18 ,488 .00 for all onsite grading
improvements as approved by the City Engineer.This security shall also serve as security
for restoration of the site. A copy of the surety instrument, as approved by the City
Attorney, is attached as Exhibit"A".
3. Completion of Improvements. To ensure the protection of the public safety,
health and welfare, Developer shall construct all said improvements in accordance with
the schedule as set forth in Exhibit "B". and the conditions as set forth in Exhibit "C'.
4. Developer Default. In the event Developer does not complete the required
improvements, including erosion and silt control measures within the time required, using
Best Management Practices(BMP)in'implementing a Water Quality Management Plan in
full compliance with Orange County National Pollutant Discharge Elimination System
(NPDES) Storm Water Implementation Agreement and San Juan Capistrano Municipal
Code Section 8-14, or abandons the project site, or suspends work for more than twenty
working days other than previously prescribed, City shall have the right to immediately
declare a default and to make demand on the surety for performance.
5. Restoration of Site: San Juan Capistrano Municipal Code Section 8-2.09
allows the City to require bonding as security to ensure against adverse aesthetic impacts
arising from uncompleted grading,drainage and/or improvements which includes illicit non-
storm drain water discharge. The purpose of this bonding shall be to restore the property
to a safe and acceptable condition if the Developer defaults. This restoration shall include
but not be limited to the following:
A. Dismantle and/or demolish improvements;
B. Grade property to its original contours as shown on the approved
grading plans
C. Remove all debris and construction materials from the site; and
D. Install erosion and silt control devices, including hydroseeding, to
insure a uniform vegetative cover, or equivalent stabilization
measures which include the use of such Best Management Practices
as blankets, fiber matrices, catch basin filters, or other erosion
resistant soil coverings or treatments to satisfaction of the Director of
Engineering and Building.
6. Attorney's Fees. Developer agrees to pay City such sum as the court may
judge as reasonable for the legal services of an attorney representing the City in an action
brought to enforce or interpret the obligations of this agreement, and such sum shall be
made a part of any judgment in such action against Developer if such action is determined
in favor of said City.
7. Developer's Work in Safe Condition. Developer shall perform all work in a
safe workmanlike manner and shall take such precautions as may be necessary to warn
and protect the public from any dangerous condition caused by the construction of said
improvements.
8. Liabili . Developer shall hold City,its officers,and employees harmless 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 Developer, his contractor,subcontractors,agents or
employees in the performance of this agreement.
In witness whereof, the parties have executed this agreement as of
20 D at San Juan Capistrano, California.
Developer Saddleback Valley City of San Juan Capistrano
hr' s ian School
By: (Signee) Bruce Harbin By: Sam Shoucair
(Title) Own .r Senior Engineer
Approved a to For
By: khn Shaw
City Attorney
EXHIBIT "B"
SCHEDULE FOR COMPLETION OF IMPROVEMENTS
Completion Date Task
11-15-2006
Rough Grade Certification
3-15-2007 Landscape Irrigation
4-15-2007 Landscape Planting
t V
EXHIBIT "C"
CONDITIONS FOR COMPLETION OF IMPROVEMENTS
1. The grading for this project shall be in strict conformance with the approved grading
plans as well as the San Juan Capistrano Municipal Code.
2. Grading operations shall commence within fourteen (14) calendar days after
issuance of a grading permit.
Winter grading will be conducted in strict accordance with the dynamic erosion and
silt control plan submitted by the Developer, and approved by the-City. This erosion
and silt control plan reflects erosion and silt mitigation measures for expected
grading conditions as the work progresses through the winter season and shall not
be amended except with the permission of the City.
In the event Developer does not wish to implement winter grading,or permission for
winter grading is rescinded, static erosion and silt control plans reflecting current
conditions of grading shall be submitted within ten (10) days of cessation of work.
These plans shall:
1. Identify all pollutant sources including sources of sediment that may affect
the quality of storm water discharges associated with the construction
activity.
2. Include the erosion and sediment control planting and hydroseeding to
insure a uniform vegetative cover or equivalent stabilization measures which
include the use of such Best Management Practices as blankets, fiber
matrices, catch basin filters or other erosion resistant soil covering or
treatments to the satisfaction of the City Engineer.
3. Except as specified in item " " below, suspension in excess of twenty (20)
working days of work authorized by the approved grading plans and grading permit
for subject property, including erosion and sediment control measures and
landscaping and irrigation, shall constitute default of this agreement.
4. The supervising civil engineer and soils engineer shall file biweekly progress reports
of all grading operations with the Building Official. An interim compaction report,for
that work completed at the time work is suspended for the rainy season, shall be
filed with the Building Official. This interim report shall conform to the grading code
requirements for final compaction reports.
5. Contractor shall control dust to the satisfaction of the Building Official or his deputy.
During grading, Contractor shall keep water truck on site and dampen work area,
grounds, and loaded trucks.
6. Grading operations suspended during the rainy season shall be resumed no later
than 15 days from date of suspension termination.
7. Installation of interim erosion and sediment control devices and systems shall
commence within seven(7)days after rough grade certification has been approved
by the Building Official and must be completed within fifteen (15) days of rough
grade certification. Final erosion and sediment control devices, planting,
landscaping and irrigation systems shall be installed prior to final inspection of the
grading permit.
8. All work shall be performed in strict observation of the Hours of Operation in
accordance with San Juan Capistrano Municipal Code Section 8-1.03.
9. Contractor shall adhere to conditions of haul route permit and encroachment permit
issued by the City Engineer.
10. Parking for construction crew is to be on-site.
fr IA AI FARMERS@MERCHANTS BANK - 11SB1•B O7
UFiY MAIN OFFICE
F BANK X02 PINE AVENUE
N LONG eEACN,cn eo I(M 31a -OMI Oct 27,2006">—
W *****Sad(11BbaCk Va11Q.�- s. 41 ************************ HAS DEPOSITED
13 =U
LL Eighteen Tfi A F N A A F'yhtV EightNO/100 DOLLARS $ 18,468,00
„Y,as ro mF oaom od]itY of San Juan CdDlStranO x wmwr nEGs
W m vmxxlmFsr�.ow_��Em mrtFw,uMrtl��mO.�AaxnG,FiFn o\iEax FHE flEvwaFnuscEmFrAFE nIws+Lr FAooESEo.
F y ms mn+rwnsluu eemAm®nerenmMrtowiruLvmfl Mm,mnnwL vvam aE 12eeaxos prom mannwu mW,ao niwErs\m rm,ow�vxu
Q PEPIO�S EIGI OG MgT6.WlESSP11F9G1(kO T 11FDEYPII IOOR N1w W.rs MFA TIE OWGN1LlFPU OfIMN BHBSEpB1l IFAG FfWVCm rofl M`1AIFVIEV m
V N FsvEE sH.0 xw€-�]"�mrtm+omGE ro mF E.wn rnmr o\rs vnwx TO mE amLu on iwr wescouExr IUFuwrc are w ws oEswE To EmEEu n+G cFmEiuiE.
THE gW(1GT�Y6AGAGNliO PwEO,TIISDT OU42A M1TIE M"TTI Cfl NfY SII&SEOIIENf YRIIpNY MlE I1PoN 1IQ11Y MY&PPoOfl WflfRFN NOiGE.YN flFYMFS THE SGIR lO
IL O CIMHfiE1HEEMNIF3l M1EfUfl MfIw PIOQR RHwEWPLFFAE�fACMTYEiO
1WEMYW TII(Itt MYS WNIlE11MlIGEE11GflrolHEYAWXIMi CF 511G1 HENEW.LL.
[� N11EIip CFTIGfFI(RMwIEMG GGECiroNLMWLGM�E PHESEMI.NO
W Fl(IIIflES!/.IE.WO iHIEM11AW9MGPFW1ATg1B /! \
V Renew Automatically Collatoral CD —
I /
oil, am
MEMORANDUM October 30, 2006
TO: Meg Monahan, City Clerk
FROM: Deena Berens, Permit Technician
SUBJECT: Cash Grading Bond, SVCS Phase 1 Grading
Please find attached for your records, the original Grading Surety Agreement and Certificate
of Deposit drawn on Farmers&Merchants account#11561807 in the amount of$18,488.00
for the placement of bond for the purpose of grading for Phase 1 for Saddleback Valley
Christian School, located at 26333 Oso Road.
Attachment