Resolution Number 99-9-7-1RESOLUTION NO. 99-9-7-1
COMPLETION OF IMPROVEMENTS AND RELEASE OF CORRESPONDING
BONDS - TRACT 14181, MARBELLA VILLAS LLC
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE COMPLETED
AS TO PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF
CERTAIN PUBLIC AND PRIVATE IMPROVEMENTS WITHIN TRACT
14181, MARBELLA VILLAS LLC
WHEREAS, on the 1 st day of April, 1997, the City of San Juan Capistrano
entered into a Subdivision Improvement Agreement with Marbella Villas, LLC, 15707
Rockfield Boulevard, Suite 225, Irvine, California, providing for the construction of certain
public and private improvements within Tract 14181; and,
WHEREAS, Marbella Villas LLC, has requested that the City determines that
the street, storm drain, sewer, landscape and irrigation improvement work, as well as the
street monumentations within Tract 14181 are complete and the that the following
corresponding sureties may be released accordingly:
Surety Coverage
_
(Frontier Pacific Ins.)
Bond No.
5276 -FP
Bond No.
5274 -FP
Bond No.
5275 -FP
Bond No.
5276 -FP
Bond No.
5273 -FP
Type of
Improvement
Amount
Street
$200,722
Storm Drain
$ 51,590
Sewer
$ 74,992
Landscape & Irrigation
$154,124
Monumentation
$ 4,000
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
San Juan Capistrano as follows:
completed.
Completion.
SECTION 1.
That the work required to be performed by said Developer has been
SECTION 2.
That the work is hereby accepted and approved.
SECTION 3.
That the sureties may be released 35 days after recordation of the Notice of
-1-
363
366
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
September ,1999.
ATTEST:
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
7th
day of
I, CHERYL JOHNSON, City Clerk of the City of San Juan Capistrano,
California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of
Resolution No. 99-9-7-1 adopted by the City Council of the City of San
Juan Capistrano, California, at a regular meeting thereof held on the 7th day of
September , 1999, by the following vote:
AYES: Council Members Jones, Swerdlin, Hart, Campbell
and Mayor Greiner
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL JO N, CITY CLERK
-2-