15-0421_LV PACIFIC POINT_Inter-Office Memo_Bond Release32400 PAStO ADELANTO
SAN JUAN CAPiSTRANO. CA 92675 (949) 493-117! (949)493-1053 FAX
It w M, sanj uancapissrano .org
MEMBERS OF TtlE CITY COUNCIL
SAMALLEVATO KERRY K. FERGUSON RAM PATTERSON, ESQ. JOHN M, PERRY DEREK REEVE
DATE:
TO:
ATTN:
FROM:
COPY TO:
SUBJECT:
INTER-OFFICE MEMORANDUM
May 19, 2015
City Clerk's Office
Maria Morris, City Clerk
Steve Kooyman, P.E., Assistant Public Works Director
George Alvarez, P.E. T.E.
Pacifica San Juan Development, LV Pacific Point LLC Performance
and Labor and Materials Bond Release for Subdivision
Improvement Agreements (Tracts Maps 14196, 15609, 15687,
16747, 16749, 16750, 16751, and 16752) and Amendment No. 2
and Reinstatement to the Improvement and Reimbursement
Agreement
PROJECT TYPE: VTTM 14196 and VTTM 15609
PROJECT #: 80301
Please release and exonerate the Bonds associated with the subject Agreements as
indicated within the attached Exhibit A.
LV Pacific Point LLC (Owner) has closed escrow with Pacific Point Development
Partners (Developer) whereby the Developer has provided and posted new replacement
Bonds in the amounts associated with the Works of Improvement within each Subject
Agreement which are enclosed herein as approved as to form by the City Attorney.
s:\clepaitments\public works\department\deveiQpment projects
pacifica point lie lom 15-5-19 docx
subdivision. t pacifica san juan\bonds\bond release iv