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Sutter Mitland 01, LLC Bond Release Letter TR36485-7 30033226MENIFEE New. Better. Best.crtyolmeniree.us February 15,2022 Re: Sutter Mitland 01, LLC, City of Menifee, TR 36485-7, plot ptan ZOLT-356 Bond Reduction, Bond No. 30033226 The Planning Department previously approved the reduction on the bond mentioned below to $90,081.60. The HoA-maintained landscape and irrigation for paseo 4oc ancl 40D ofrract 364g5 have been installed and maintained to City specifications and standards. The Planning Department has approved the full release of the bond mentioned below. Enclosed is the original bond. Faithful Performance Bond No. 30033226 - 9L,427,7t6.68 Please let me know if you have any questions. Sincerely, Stephanie Roseen, Deputy City Clerk Sutter Mitland 01, LLC 3200 Park Center Drive, Suite 1000 Costa Mesa, CA92626 ?,",,- ffi MENIFEE Oetn Deines Councrmamr Drstflat 4 September 2, 2020 U.S. Specialty lnsurance Company 601 S. Figueroa Street, Suite 1600 Los Angeles, CA 90017 CC: Sufter Mitland 01 LLC 3200 Park Center Drive, Suite 1000 Costa Mesa, CA 92625 RE: Security Reduction for Plot Plan 2017-356 - paseo 40C and paseo 4OOLandscape and lrrigation Plan (TR 36485) The HoA-maintained landscape and irrigation for Paseo 4oc and paseo 40D of rract 364g5within the Audie Murphy Ranch specific plan (sp209), has been installed in accordance with Exhibit L approved through PIot Plan 20i 7-356 and the installation was confirmed bythe City's Landscape Consultant. The applicant is requesting a reduction of Bond #30033226 for Landscape and lrrigation lmprovements (as they were installed per plan) to reduce the bond amount from the original amount oi $1,427,716.68 to $90,081.60 (cost of 1-Year Maintenance). The remaining amount for this bond is $gO,Og.l.60, which can bereleased after completion of the one-year post installation landscaping and irrigation inspection pursuant to the conditions of approval for the plot plan (pp2o17-356). Please contact the Planning Dtvision at (951) 723-3745. if you have questions or need additional information. Sincerely, City of Menifee Community Development Department Russell Brown, Associate Planner ,ltlcl I Mall Lre3emeyer Greg A.rgu9t New. Better. Best.cityolmenrtee.!5 Brll Zrmmerman