Resolution Number CVWD 99-11-2-1' RESOLUTION NO. CVWD 99-11-2-1
ACCEPTANCE OF WATER FACILITIES AND RELEASE OF BOND -
TRACT 14398 (SAN JUAN VILLAS L.P.
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 14398 (SAN JUAN VILLAS, L.P.)
WHEREAS, on March 19, 1996, the Capistrano Valley Water District entered
into an Agreement for Construction of Water Facilities with San Juan Villas, L.P., which
provided forthe construction of certain public water improvements within Tract 14398; and,
WHEREAS, the public water improvements were constructed in compliance
with District standards and specifications and are ready for District acceptance; and,
WHEREAS, San Juan Villas, L.P., has requested that the Capistrano Valley
Water District determine that the public water improvements within Tract 14398 are
completed and the corresponding surety in the amount of $224,629, may 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 San Juan Villas, L.P.
SECTION 3.
That Bond No. 3SM 885 638 00 in the amount of $224,629 from American
Motorists Insurance Company, 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.
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SECTION 5.
That the Clerk of the Board is hereby directed to forthwith forward a Notice
of Completion to the Orange county Recorder's Office for recordation.
PASSED, APPROVED, AND ADOPTED this
ATTEST:
CLERK OFCTHOARD
2nd
day of
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
(,'CHERYL JOHNSON, 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 99-11-2-1 adopted by the Capistrano Valley Water District Board
of Directors at a regular meeting thereof held on the 2nd day of
November , 1999, by the following vote:
AYES: Directors Swerdlin, Greiner, Hart, Campbell
and Chairman Jones
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
CHERYL J NON, CLERK OF THE BOARD
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' 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 4th day of
November , 1999, 1 caused to be posted:
RESOLUTION NO. CVWD 99-11-2-1 being
ACCEPTANCE OF WATER FACILITIES AND RELEASE OF BOND -
TRACT 14398 (SAN JUAN VILLAS L.P.
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 14398 (SAN JUAN VILLAS, L.P.)
in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Community
Center Reception area, Orange County Public Library.
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