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22-1223_PACIFIC POINT DEVELOPMENT PARTNERS, LLC_Staff Memo (B16-0528) MEMORANDUM December 23, 2022 TO: Maria Morris, City Clerk FROM: Thomas Toman, Public Works Director SUBJECT: Grading Surety Release –B16-0528 Grading for Pacifica San Juan Tract 16751 This memorandum serves as authorization to release the Grading Bond numbered SU1143639 for B16-0528. This bond is related to a precise grade permis for the Pacifica San Juan development in San Juan Capistrano. Said releases are in the amount of $89,776.00. The release of this grading bond has been approved by the Building and Public Works Departments. Please advise Arch Insurance Company of the surety release. Attachment – Release Request Letter Copy of Grading Surety Agreements cc: Building; file Type text here TAYLOR MORRISON Southern California Division 6440 Oak Canyon Suite 200 Irvine, CA 92618 p. (949) 833-3600 taylormorrison.com December 6th, 2022 Jeremy Hohnbaum City of San Juan Capistrano 32400 Paseo Adelanto San Juan Capistrano, CA. 92675 RE: Bond Release Request Mr. Hohnbaum, Pacific Point Development Partners, LLC (Taylor Morrison) respectfully requests the following bond at the Pacifica San Juan community to be fully released. Pacifica San Juan – Tr. 15609, 16750, 16751, 16752 Tract Permit Number Bond No. Description Amount Tr 15609, 16750, 16751, 16752 B16-0115 1134578 Pacifica San Juan- Remedial Grading of Existing Lots with TTM 15609 Inclusive of tracts 16750, 16751, 16752, and 15609 $258,665.00 Tr 16750 B16-0378 SU1139449 Pacifica San Juan-Blue Harbor Tract 16750 Production Precise Grading $266,688.13 Tr 16751 B16-1397 B16-0528 SU1143639 SU1141134 Pacifica San Juan, Crystal Downs North Tract 16751 Model Precise Grading $89,776.00 Tr 16751 B16-1397 SU1143735 Pacifica San Juan - Crystal Downs North Tract 16751 - Production Precise Grading $360,124.00 Tr 15609 B16-0777 SU1141164 Tract Map Nos. Tract 15609, Lots, 21-23, Pacifica San Juan, Precise Grading $75,482.00 Please do not hesitate to contact me if you have any questions or require additional information. Thank you. Sincerely, Sean Doyle Vice President - Forward Planning INSPIRED