Resolution Number 05-04-19-01RESOLUTION NO. 05-04-19- 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
TRACTS 15858 AND 15998, VILLAGE ALIPAZ (KB HOME COASTAL,
INC.).
WHEREAS, on July 5, 2000 and May 1, 2001, the City of San Juan
Capistrano entered into two separate Subdivision Improvement Agreements with KB
HOME Coastal, Inc.(Developer) providing for the construction of certain public and
private improvements within Tracts 15858 and 15998 respectively; and,
WHEREAS, Developer has requested that the City determines that the
street, street signal, storm drain, sewer, landscape and irrigation improvement work, as
well as the Street monumentations within Tracts 15858 and 15998 are complete and the
corresponding sureties be released accordingly. These sureties release are as follows:
TRACT 15858
ETY. COQ
TY
I
I 11f�T
'1013 'ED
( a ty Company pf 4
Re 8ing,
1„
Bond #929158386
Water
$206,000
a
Bond 'f
brig.
$240,000
Bond #929158388
Public Streets
$87,000
Bond # 929158390
Storm drain
$90,000
RIF R
Bond#929150x1;.
Sewer
$123;000
Bond #929158392
Monumentation
$15,000
04-19-2005
TRACT 15998
Bond #25-15-13 Water $225,456
rioif #25-84-34 <<
Bond #25-15-10 Private Streets $405,000
svW
z
Bond #25-15-12 Sewer $155,200
...: x Trat81 *_QO '.
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 charts above may be fully
released 35 days after recording of a Notice of Completion.
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 19th day of April, 2005.
ATTEST:
MA GAR R. MONAH N, CITY LERK---)
2 04-19-2005
STATE OF CALIFORNIA )
COUNTY OF ORANGE )ss -
CITY
ss.CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano,
do hereby certify that the foregoing Resolution No. 05-04-19-01 was duly adopted by
the City Council of the City of San Juan Capistrano at a regular meeting thereof, held the
1 gth day of April 2005, by the following vote:
AYES: COUNCIL MEMBERS: Allevato, Bathgate, Soto, Swerdlin & Mayor Hart
NOES COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
MA MEN ME INEWL "Wk