Resolution Number CVWD 02-02-05-01RESOLUTION NO. CVWD 02-02-05-0 1
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO
VALLEY WATER DISTRICT, RELEASING CERTIFICATE OF DEPOSIT
FOR PUBLIC WATER FACILITIES LOCATED AT 31521 VIA ESTALITA
(PALAZZO DEVELOPMENT, L.P.)
WHEREAS, the Capistrano Valley Water District (District) has previously allowed the
construction of certain public water improvements within the real property located at 31521
Via Estelita, San Juan Capistrano, and,
WHEREAS, the public water improvements were constructed in compliance with
District standards and specifications and were accepted by the District; and,
WHEREAS, in conjunction with the acceptance of the public water improvements,
easements were dedicated to the District; and,
WHEREAS, the one-year warranty period has been successfully completed and the
certificate of deposit may be released by the District.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the
Capistrano Valley Water District 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 Clerk of the Board is hereby authorized to release the certificate
of deposit.
PASSED, APPROVED, AND ADOPTED this 5w day of February 2002
DIANE BATHGATE, CH I MAN
ATTEST:
R. MONAHAN, CLERK OF THE
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Clerk of the Board of the Capistrano Valley
Water District, do hereby certify that the foregoing Resolution No. CVWD 02-02-05-01
was duly adopted by the Board of Directors of the Capistrano Valley Water District at a
regular meeting thereof, held the 5th day of February 2002, by the following vote:
AYES: DIRECTORS: Hart, Swerdlin, Gelff and Chairman Bathgate
NOES DIRECTORS: None
ABSENT: DIRECTORS: Campbell
qM16,RRET R. MONAHAN, Clerk of the Boa