13-0221_CASTER SAN JUAN CAPISTRANO_Release of BondsMEMBERS OF THE CITY COUNCIL
SAM ALLEVATO
KERRY K. FERGUSON
RAM PATTERSON, ESQ.
JOHN M. PERRY
DEREK REEVE
April 2, 2015
SureTec Insurance Company
Attn: David Melman
3033 Fifth Avenue, Suite 300
San Diego, CA 92103
Re: Release of Bonds - Caster San Juan Capistrano LP (A-1 Self Storage Facility)
Dear Sir or Madam:
This letter is to inform you that the following bonds issued to Caster San Juan Capistrano LP
for Grading Permit No. B12-0731 and Retaining Wall Permit No. B23-0876 - 33000 Valle Road
are officially released as of April 2, 2015:
BOND NO.
4385420
4385420
4390271
4390271
4390272
4390272
PURPOSE
Performance - On-Site & Off-Site Improvements
Labor & Material - On-Site & Off-Site Improvements
Performance - Street Improvements
Labor & Material - Street Improvements
Performance - Grading/Storm Drain
Labor & Material - Grading/Storm Drain
AMOUNT
$ 368,353.80
$ 368,353.80
$ 78,323.94
$ 78,323.94
$ 52,000.00
$ 52,000.00
The City of San Juan Capistrano hereby fully and forever releases and discharges SureTec
Insurance Company from any and all liability under the abovementioned bond numbers. The
original - released - documents are enclosed. If you have any questions, please do not
hesitate to call me at (949) 443-6310.
Sincerely,
Christy JakI, CMC
Deputy City Clerk
Enclosures as noted
cc: (Letter copy only) Keith Van Der Maaten, Public Works and Utilities Director; Steve
Kooyman, Assistant Public Works Director; Tom Kearney, Caster Properties Inc.
San Juan Capistrano: Preserving the Past to Enhance the Future
ti^ Printed on 100% mo/clnd pap<,r
Christy JakI
From: Christy JakI
Sent: Thursday, April 02, 2015 9:11 AM
To: Keith Van Der Maaten; Steven Kooyman
Subject: Caster Properties (A-1 Storage Bond Release)
Attachments: 15-0402 A-1 Storage, Bond Release (SureTec Ins Co).pdf
Good morning,
For your records, attached please find the Bond Release letter to SureTec Insurance Company for the
Bonds issued to Caster Properties (A-1 Storage).
Thanks!!
etkht^ JM, CMC
Deputy City Clerk
City of San Juan Capistrano
32400 Paseo Adelanto
San Juan Capistrano, CA 92675
(949) 443-6310 | (949) 493-1053 fax
City Hall Office Hours Mon - Thurs 7:30 a.m. - 5:30 p.m.; Fri 7:30 a.m. - 4:30 p.m.
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1
CASTER PROPERTIES INC.
4607 Mission Gorge Place
San Diego, CA 92120
(619) 287-8873 Fax (619) 287-2493
Tom Kearney ext. 108 Cell (619) 888-1025
Via; Hand Delivered
LETTER OF TRANSMITTAL
Date: May 16, 2013
To: Sam Shoucair
Asst. Director Public Works
City of San Juan Capistrano
32400 Paseo Adelanto
San Juan Capistrano, CA 92675
From: Tom Kearney / Gail Strackbine
Re: Grading # B-12-0731
Job #742
A-1 Self Storage
33000 Valle Rd.
San Juan Capistrano
Date # Description
5-6-13 3 Development Improvement - Performance Bond Onsite/Offsite
Improvements - $368, 353.80
5-6-13 3 Development Improvement - Labor & Materials Bond Onsite/Offsite
Improvements - $368,353.80
5-6-13 3 Development Improvement - Performance Bond Grading Over
existing 54" Storm Drain - $52,000
5-6-13 3 Development Improvement - Labor & Materials Bond - Grading Over
existing 54" Storm Drain - $52,000
5-6-13 3 Development Improvement - Performance Bond Street Improvements
on Vista Marina $78,323.94
5-6-13 3 Development Improvement - Labor & Materials - Bond Street
Improvements on Vista Marina $78,323.94
COMMENTS:
Sam:
Attached please find the bonds for the three referenced items prepared in duplicate as requested.
When available, please forward fully executed copies for our files.
Let me know if you have any questions or need anything else at this time.
Thank you for your help and assistance.
Tom Kearney
A-1 SELF STORAGE * * CASTER PROPERTIES INC. * * CASTER SAN JUAN CAPISTRANO LP