11-0211_OLSON REAL ESTATE GROUP_Authorization to Release BondsMEMORANDUM December 20, 2012
TO: Maria Morris, City Clerk
FROM: Japaeg^Ross, Interim Public Works Director
SUBJECT: /Gradmg Bond Release, Marriot's Residence Inn
This memorandum is authorization to release the grading bond posted for the Marriot's
Residence Inn Site Grading. The grading bond place for the grading for permit # 810-0943
has been completed for this project has been authorized for release.
Perfoimance bond # 0155494 was posted in the amount of $46,000.00 as security. Please
find attached a copy of the Surety Agreement and Bond for your use.
Attachments
Contact information:
R.D. Olson Development
Michael Garrett, Development Manager
2955 Main Street, Third Floor
Irvine, CA 92614
949-271-1103