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Resolution Number 11-02-01-02RESOLUTION NO.11-02-01-02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DETERMINING COMPLETION OF WORK IN ACCORDANCE WITH APPROVED PLANS AND SPECIFICATIONS FOR THE CONSTRUCTION OF AN OFF-SITE SEWER IMPROVEMENT ASSOCIATED WITH TRACT 16634, (RANCHO SAN JUAN DEVELOPMENT, LLC.). WHEREAS, on July 3, 2006, the City of San Juan 'Capistrano entered into a Subdivision Improvement Agreement with the developer of Tract 16634 providing for the construction of certain off-site public sewer improvement outside Tract 16634; and, WHEREAS, Rancho San Juan Development, LLC., the current developer of Tract 16634 has requested that the City determines that such certain off-site sewer improvement located outside Tract 16634 is completed and the corresponding remaining surety be released accordingly. The surety release is as follows: SURETY COVERAGE TYPE OF REMAINING AMOUNT IMPROVEMENT TO BE RELEASED (ARCH INSURANCE COMPANY) Bond # SU5019294 Off-site Sewer $10,000 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Juan Capistrano as follows: SECTION 1. That the sewer improvement work required to. be performed by said developer has been completed and approved. SECTION 2. That the completed sewer facility is accepted. SECTION 3. That the sureties described in the chart above may be released accordingly. PASSED, APPROVED., AND ADOPTED this 1st day of February, 2011. ATT T ( i I w A S4A, ATO, MAYOR MARIAAWRIS, CITY 1 2/1/2011 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO I, MARIA MORRIS, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 11-02-01-02 was duly adopted by the City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 1St day of February 2011, by the following vote: AYES: Freese, Reeve, Taylor, Kramer and Mayor Allevato NOES. FNCILMEMBERS: NCIL MEMBERS: None ABS NT:NCIL MEMBERS: None S, City Cl 2 2/1/2011