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Resolution Number CVWD 99-10-5-112S RESOLUTION NO. CVWD 99-10-5-1 ACCEPTING PUBLIC WATER FACILITIES - TRACT 14181, MARBELLA VILLAS, LLC A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT, ACCEPTING PUBLIC WATER FACILITIES AND AUTHORIZING THE RELEASE OF CORRESPONDING WATER BONDS - TRACT 14181, MARBELLA VILLAS, LLC WHEREAS, on March 18, 1997, the Capistrano Valley Water District entered into an Agreement for Construction of Water Facilities with Marbella Villas, LLC; and, WHEREAS, the public water improvements were constructed in compliance with District standards and specifications and are ready for District acceptance; and, WHEREAS, Marbella Villas, LLC has requested that the Capistrano Valley Water District determines that the public water improvements within Tract 14181 are completed and the corresponding surety in the amount of $82,500 be released ' accordingly. NOW, THEREFORE, BE IT RESOLVED, by the Capistrano Valley Water District Board of Directors as follows: SECTION 1. That the public water improvements required to be performed by said developer have been completed. SECTION 2. That the completed work is hereby accepted from Marbella Villas, LLC. SECTION 3. That the surety described above may be fully released 35 days after recording of a Notice of Completion. SECTION 4. That the Chairman and Clerk of the Board are hereby authorized to execute this Resolution. -1- 126 SECTION S. That the Clerk of the Board is directed to forthwith forward a "Notice of Completion" to the Orange County Recorder's Office for recordation. PASSED, APPROVED, AND ADOPTED this Sth day of October ,1999. ATTEST: CLERK OF THED JONES, CHAIRMAN -2- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, CHERYLJOHNSON, Clerk of the Board of the Capistrano Valley Water District, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. CVWD 99-10-S-1 adopted by the Capistrano Valley Water District Board of Directors at a regular meeting thereof held on the Sth day of nrtnbar , 1999, by the following vote: AYES: Directors Greiner, Hart, Campbell and Chairman Jones NOES: None ABSTAIN: None ABSENT: Director Swerdlin ' (SEAL) CHERYL JOH O ,CLERK OF THE BOARD Ma 127 128 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) I, CHERYL JOHNSON, declare as follows: That I am the duly appointed and qualified Clerk of the Capistrano Valley Water District; That in compliance with State laws of the State of California and in further compliance with District Resolution No. 99-1-5-1, on the 7th day of October , 1999, 1 caused to be posted: RESOLUTION NO. CVWD 99-10-5-1 , being ACCEPTING PUBLIC WATER FACILITIES - TRACT 14181, MARBELLA VILLAS, LLC A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CAPISTRANO VALLEY WATER DISTRICT, ACCEPTING PUBLIC WATER FACILITIES AND AUTHORIZING THE RELEASE OF CORRESPONDING WATER BONDS - TRACT 14181, MARBELLA VILLAS, LLC in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Community Center Reception area, Orange County Public Library. CHECK LIST CUwD ORD. NO. RES. NO. q9-16-5• Mayor has signed T Clerk has signed City Seal stamped 7- All blanks typed i�GLeyct f "Absent" "Noes" �3— "Abstain" 4p� Copies sent to post -T Ord. dist. file /e0© .-,JD mail:Zcertified _ Legal Publication ordered to be published (date) No. Printed copies required Remarks CHERYL J N N, CLERK OF HE BOARD