Resolution Number 91-8-20-2RESOLUTION NO. 91-8-20-2
319"1
COMPLETION OF PUBLIC AND PRIVATE IMPROVEMENTS AND RELEASE OF
SURETIES, TRACT 12954 MARBELLA DEVELOPMENT COMPANY
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 PUBLIC AND PRIVATE IMPROVEMENTS,
TRACT 12954 (MARBELLA DEVELOPMENT COMPANY)
WHEREAS, the City of San Juan Capistrano has entered into an Improvement
Agreement with Marbella Development Company, 27462 Calle Arroyo, Suite "A", San
Juan Capistrano, California, 92675, for the construction of public and private
improvements in Tract 12954; and,
WHEREAS, the Director of Engineering and Building has found the public and
private improvements to be in compliance with the plans and specifications of the above
tract, and to be in compliance with City specifications and special conditions and
therefore recommends exoneration of bonds per Exhibit "A"; and,
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 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 August ,1991.
ENNTH E. FRI SS, M OR
ATTEST:
-1-
20th
day
4,120 as"
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
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. 91-8-20-2 adopted by the City Council of the City of San Juan
Capistrano, California, a regular meeting thereof held on the 20th day
of August , 1991, by the following vote:
AYES: Councilmen Jones, Buchheim and Vasquez
NOES: None
ABSTAIN: Mayor Friess
ABSENT: Councilman liausdorfer
(SEAL)
CHERYL JOHNSON, CITY CLERK
-2-
EXHIBIT "A"
RELEASE THE FOLLOWING BONDS
BOND #
DESCRIPTION
NA 100649
Private Storm Drain -Phase I
NA 100653
Private Storm Drain -Phase II
NA 100657
Private Storm Drain -Phase III
NA 100654
Public Storm Drain
NA 100655
Public Sewer -Phase II
Performance
NA 100655
Public Sewer -Phase II
Laber be Material
NA 100658
Public Sewer -Phase III
Performance
NA 100658
Public Sewer -Phase III
Labor do Material
NA 100651
Public Sewer -Phase I
Performance
NA 100651
Public Sewer -Phase I
Labor do Material
NA 100650
Public Storm Drain
ORIG AMT
$397,353.00
79, 504.00
193,143.00
183, 085.00
119,730.00
119, 730.00
179, 875.00
179, 875.00
160, 395.00
160, 395.00
$81,915.00
321'
PRESENT AMT
$5,000.00
2,500.00
2,500.00
1,000.00
10, 000.00
10, 000.00
10, 000.00
10, 000.00
10, 000.00
10, 000.00
$1,915.00