Resolution Number 00-9-19-2073
RESOLUTION NO. 00-9-I9-2
COMPLETION OF IMPROVEMENTS AND RELEASE OF CORRESPONDING BONDS
TRACT 13726 (ESTATES AT SAN JUAN CAPISTRANO, L.P.ITOLL BROTHERS)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, DECLARING WORK TO BE COMPLETED
AS TO PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF
IMPROVEMENTS WITHIN TRACT 13726 (ESTATES AT SAN JUAN
CAPISTRANO, L.P./TOLL BROTHERS)
WHEREAS, on the 5th day of March, 1996, the City of San Juan Capistrano
entered into a Subdivision Improvement Agreement with Estates at San Juan Capistrano,
L.P. providing for the construction of certain public and private improvements within Tract
13726; and,
WHEREAS, Estates of San Juan Capistrano, L.P. has requested that the City
determines that the improvement work within Tract 13726 is complete and the following
corresponding sureties may be released accordingly:
Surety Coverage
(National Fire Insurance Co. of Hartford)
Bond No. 138090245
Bond No. 138090231
Bond No. 138090228
Bond No. 138090214
Bond No. 138090181
Type of
Improvement
Amount
Street
$442,408
Irrigation
$436,472
Storm Drain
$560,806
Sewer
$143,564
Monumentation $ 40,000
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
San Juan Capistrano 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 above -referenced sureties may be released 35 days
after recordation of the Notice of Completion.
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074
SECTION 4. That the City Cleric 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
September 2000
ATTEST:
19th
LLENE,CAMPBEL'L. MAY
2641171VII-0,y1 �!F .1 A If.Mum lei ,-f
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
day of
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. 00-9-19-2 adopted by the City Council of the City of San
Juan Capistrano, California, at a regular meeting thereof held on the igth day of
September__ , 2000, by the following vote:
AYES: Council Members Bathgate, Greiner, Hart, Swerdlin
and Payor Campbell
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
AVY
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