Resolution Number 03-10-07-02RESOLUTION NO. 03-10-07-0 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, ACCEPTING PUBLIC WATER FACILITIES,
RELEASING RELATED SURETY, AND AUTHORIZING ISSUANCE OF A
NOTICE OF COMPLETION FOR PUBLIC WATER FACILITIES (PRICE
ENTERPRISES, INC) (32992 Valle Rd.)
WHEREAS, on December 18,2001, the City Councilof the Cityof San Juan
Capistrano entered into a Development Agreement for Construction of Water Facilities with
Price Enterprises, Inc. for the construction of certain public water improvements to a
property located at 32992 Valle Road, San Juan Capistrano; and,
WHEREAS, the public water improvements were constructed in compliance
with City/District standards and specifications; and,
WHEREAS, the one-year warranty period has been successfully completed
and the corresponding surety may be released; and,
NOW, THEREFORE, BE IT RESOLVED, on October 7, 2003, the City
Council of the City of San Juan Capistrano, does hereby resolve, determine, and order as
follows:
SECTION 1.
The public water improvements required to be performed by said developer have
been completed, and the one-year warranty period has been honored as required.
SECTION 2.
The completed work is hereby accepted from Price Enterprises, Inc.
SECTION 3.
The City Clerk is directed to forthwith -forward a "Notice of Completion" to the
Orange County Recorder's Office for recordation.
10-07-03
SECTION 4.
The City Clerk is hereby authorized to release the surety bond.
PASSED,APPROVED,AN day, f October 2003
JOH S. F, MAYOR
ATTEST:
�� / / / I /' I
=T R. MONAHAN, CITY CLERK
O"FF CALIFORNIA
T TY I
Y OF ORANGE )ss.
OF SAN JUAN CAPISTRANO
1, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do
hereby certify that the foregoing Resolution No. 03-110-07-02 was duly adopted by the City
Council of the City of San Juan Capistrano at a regular meeting thereof, held the 7 th day of
October 2003, by the following vote:
AYES: COUNCIL MEMBERS: Hart, Bathgate, Swerdlin, Soto and Mayor Gelff
NOES: COUNCIL MEMBERS: None
ABSTAIN: COUNCI M ERS: None
&A�
MA "�RET R. MONAHAN, City Clerk
10-07-03