Resolution Number 92-1-7-7RESOLUTION NO. 92-1_7-7
A RESOLUTION OF THE CITY OF COUNCIL OF THE CITY OF SAN
JUAN CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE
COMPLETED AS TO PLANS AND SPECIFICATIONS FOR THE
CONSTRUCTION OF PRIVATE STREET IMPROVEMENTS AND
SUBDIVISION MONUMENTS - TRACT 11826 (SHERATON
INTERCONTINENTAL)
WHEREAS, the City of San Juan Capistrano has entered into an Improvement
Agreement with Sheraton Intercontinental, 1090 West Georgia Street, Suite 1080,
Vancouver, British Columbia, Canada V6E-3V7, for the construction of private street
improvements and subdivision monuments in Tract 11826; and,
WHEREAS, the Director of Engineering and Building has found the private
street improvements and subdivision monuments to be in compliance with the plans and
specifications of Tract 11826 and to be in compliance with City specifications and
special conditions and therefore recommends exoneration of bonds as listed on Exhibit
"A".
NOW, THEREFORE, the City Council of the City of San Juan Capistrano, does
resolve as follows:
SECTION 1. That the work required to be performed by said Developer has
been completed.
SECTION 2. That the work is hereby accepted and approved.
SECTION 3. That the sureties, as outlined on Exhibit "A" attached hereto,
may be released 35 days after recordation of the Notice of Completion.
SECTION 4. 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
of January , 1992.
ATTEST:
Lll (�ilA
CITY CLE
7th
GjL---TQNES, MAYOR
-1-
day
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
1, 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. 92-1-7-7 adopted by the City Council of the City of San Juan
Capistrano, California, at a regular meeting thereof held on the 7th day
of January , 1992, by the following vote:
AYES: Councilmen Friess, Hausdorfer, Harris,
Vasquez and Mayor Jones
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL JOHN60WCITY CLERK
-2-
EXHIBIT A
Bond No. Description
12217 Private Street Improvements
12216 Subdivision Monuments
-3-
Amount
$233,000
10,000
251