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Resolution Number CVWD 00-6-6-2Lai RESOLUTION NO. CVWD 00-6-6-2 ' ACCEPTING PUBLIC WATER FACILITIES AND RELEASE OF CORRESPONDING BONDS - TRACT 13726 (ESTATES AT SAN JUAN CAPISTRANO, 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 13726 (ESTATES AT SAN JUAN CAPISTRANO, L.P.) WHEREAS, on the 2nd day of April, 1996, the Capistrano Valley Water District entered into an Agreement for Construction of Water Facilities for Tract 13726 with the Estates at San Juan Capistrano, L.P. providing for the construction of certain public water improvements within Tract 13726; and, WHEREAS, the public water improvements were constructed in compliance with District standards and specifications and are ready for District acceptance; and, WHEREAS, the owners of said real property have, upon request by the Capistrano Valley Water District, granted the necessary easements at no cost to the District; and, WHEREAS, Estates at San Juan Capistrano, L.P. has requested that the Capistrano Valley Water District determines that the public water improvements within Tract 13726 are completed and the corresponding surety provided by National Fire Insurance Company of Hartford, bond number 138090200, in the amount of $565,100 be released accordingly. NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Capistrano Valley Water District as follows: SECTION 1. That the public water improvements required to be performed by said Developer has been completed. SECTION 2. That the completed work is hereby accepted from the Estates at San Juan Capistrano, L.P. SECTION 3. The Chairman and Clerk of the Board are hereby authorized to execute this Resolution. SECTION 4. The Clerk of the Board is directed to forthwith forward a "Notice of Completion" to the County Recorder of the County of Orange for recording. SECTION 5. The Clerk of the Board is hereby authorized to release the corresponding Water Bonds in the amount of $565,100, thirty-five (35) days after recording of a Notice of Completion. PASSED, APPROVED, AND ADOPTED this 6th day of June ,2000. r_11111r*31111 CLERK OF ARD 2- .CHAIRMAN - STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, 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 00-6-6- 2 adopted bythe Capistrano Valley Water District Board of Directors at a regular meeting thereof held on the 6th day of June , 2000, by the following vote: AYES: Directors Bathgate, Greiner, Swerdlin, Campbell and Chairman Hart NOES: None ABSTAIN: None ABSENT: None (SEAL) CHERYL JGON86N, CLERK OF THE BOARD 3- 187 188 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 day of , 2000, 1 caused to be posted: RESOLUTION NO. CVWD , being ACCEPTING PUBLIC WATER FACILITIES AND RELEASE OF CORRESPONDING BONDS - TRACT 13726 (ESTATES AT SAN JUAN CAPISTRANO, 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 13726 (ESTATES AT SAN JUAN CAPISTRANO, 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. CVW D CHECK LIST RES. NO. CRA cc, ^ Chairman has signed _ Secretary has signed Agency Seal stamped All blanks typed "Absent" "Noes" "Abstain" Copies sent to post fileCi(9.' O mail 0 certified Drr Fa GS r/ -cu ia. Legal Publication ordered to be published (date) No. Printed copies required Remarks CHERYLJOMSON, CLERK OF THE BOARD 6 5 4- l