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Resolution Number 04-04-06-01RESOLUTION NO. 04-04-06-01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DETERMINING COMPLETION OF WORK IN ACCORDANCE WITH APPROVED PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF IMPROVEMENTS WORK WITHIN TRACT 13823, STONEFIELD SAN JUAN LLC WHEREAS, on November 16, 1999, the City of San Juan Capistrano entered into a Subdivision Improvement Agreement with Stonefield San Juan LLC, providing for the construction of certain public and private improvements within Tract 13823; and, WHEREAS, Stonefield San Juan LLC. has requested that the City determines that the street, storm drain, sewer, water, landscape and irrigation improvement work, as well as the Street monumentation within Tract 13823 are complete and the corresponding sureties be released accordingly. These sureties release are as follows: �'T VL AGIE -�y q -qro, rO nce, 414A AMOU'T' E IE ED B, R Bond #B32644332 Street $149,082.00 -ony"d $48;0M,,00 Bond #1332644318 Sewer $61,124.00 PON,,# 1332644317 _rid�sc p,)p:& Ir $696,100.00 Bond # B32644321 Water $146,000.00 B32644316 777777-77777-7- ',Vopu ntat m jpq, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Juan Capistrano as follows: SECTION 1. That the works of improvement and monumentation, required to be performed by said developer, have been completed. SECTION 2. That the completed work is approved. SECTION 3. That the surety described in chart above may be fully released 35 days after recording of a Notice of Completion. 1 04-06-2004 SECTION 4. That the City Clerk is directed to forthwith forward a "Notice of Completion" to the County Recorder of the County of Orange for recording. PASSED, APPROVED, AND ADOPTED this 6th day of April 2004. R. MONAHAN, CITY CLERK STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF SAN JUAN CAPISTRANO )ss. JOE/SOTO, MAYOR 1, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 04-04-06-01 was duly adopted by the City Council of the City of San Juan Capistrano at a regular meeting thereof, held the 6 th day of April 2004, by the following vote AYES: COUNCIL MEMBERS: Allevato, Bathgate, Swerdlin, Hart and Mayor Soto NOES: COUNCIL MEMBERS: None ABSTAIN- MCOUN IL 'fWBT§: None 4 � (- , V� � M RET R. MONAHAN, City Clerk 2 04-06-2004