23-0606_PACIFIC POINT DEVELOPMENT PARTNERS, LLC_Staff Memo Bond ReleaseMEMORANDUM June 7, 2023
TO: Christy Jakl, Assistant City Clerk
FROM: Thomas Toman, Public Works Director
SUBJECT: Pacifica San Juan TR16752 Bond Release, Bond No. SUR21000007,
SUR21000009, SUR21000019
This memorandum is authorization to release 100% of the subject bonds for Pacifica San
Juan tract TR16752.
The total bond deposit amounts are as follows:
Bond No. SUR21000007 (Street subdivision improvements) - $986,932.00
Bond No. SUR21000009 (Street subdivision improvements) - $71,118.00
Bond No. SUR21000019 (Monument subdivision improvements) - $38,500.00
The release of the bonds has been reviewed and approved by the Public Works
Department.
Attachments - Copies of agreement and bond, Applicant’s release request letters dated
05/01/23