Resolution Number 15-10-06-03 RESOLUTION NO. 15-10-06-03
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 ON-SITE IMPROVEMENTS
ASSOCIATED WITH TRACT 16634 WHISPERING HILLS-RANCHO SAN
JUAN (RANCHO SAN JUAN DEVELOPMENT, LLC.).
WHEREAS, on June 22, 2006, the City of San Juan Capistrano entered into a
Subdivision Improvement Agreement with the developer of the Whispering Hills-
Rancho San Juan Development (Tract 16634) providing for the construction of certain
onsite and off-site improvements; and,
WHEREAS, on June 16, 2015, the City of San Juan Capistrano amended said
Subdivision Improvement Agreement with the developer of the Whispering Hills-
Rancho San Juan Development (Tract 16634) providing for the construction of certain
onsite and off-site improvements; and,
WHEREAS, Rancho San Juan Development LLC, the current developer of Tract
16634 has requested that the City determine that certain on-site and off-site
improvements are completed and the corresponding surety bonds be released
accordingly. The surety release is as follows:
SURETY COVERAGE TYPE OF IMPROVEMENT AMOUNT
ARCH INSURANCE TO BE RELEASED
COMPANY
Bond # SU5018270 Storm Drain Improvements $1,657,000
Bond # SU5018269 Sanitary Sewer Improvements $ 683,000
Bond # SU5018276 Water Improvements $738,000
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San
Juan Capistrano as follows:
SECTION 1. That the improvement work required to be performed by said developer
has been completed and approved.
SECTION 2. That the completed work with a value of$ 3,078,000 is accepted.
SECTION 3. That the sureties described in the chart above may be released
accordingly.
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PASSED, APPROVED, AND ADOPTED this 6th day of October 2015.
DEREK REEVE, MAYOR
ATTEST*
MARIA FkRlt, CITY CL RK
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. 15-10-06-03 was duly adopted by the Cit
Council of the City of San Juan Capistrano at the Special meeting thereof, held the 10`
day of October 2015, by the following vote:
AYES: CO NCIL MEMBERS: Allevato, Ferguson, Perry, Patterson and Mayor Reeve
NOES: C NCIL MEMBERS: None
ABSENT: NCIL MEMBERS: None
MARIA � I City Clerk
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