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Pinehurst, LLC Bond Release Letter TR28790-2 757259SMENIFEE 29714 Haun Road I Menifee, CA 92586 951-67 2-6777 I Fax 951-679-3843 New. Better. Best.cityofmenifee.us October 24,2018 Developers Surety and Indemnity Company Five Centerpointe, Suite 530 Lake Oswego, OR 97035 Enclosed is an original Subdivision Monument Bond for IRZB790-2, Bond No. 7572595. 1. Release of Subdivision Monument Bond - $68,760.00 Please let us know if you have any questions. Sincerely, Sa h ManWA ng City Clerk CC: Pinehurst, LLC 1000 Dove St. Suite 100 Newport Beach, CA 92660 Bill Zimmerman Mayor Lesa A. Sobek Mayor Pro Tem District 3 Greg August Councilmember District'l Matt Liesemeyer Councilmember District 2 Armando G. Villa City Manager Re: Pinehurst, LLC, City of Menifee Monument Bond Release, Bond No, 7572595 Tract Map 28790-2 John Denver Councilmember District 4 MEN!FEE 29714 Haun Road i Menifee, CA 92586 951-67 2-6777 Fax 951-679-3843 New. Better. Best.cityofmenifee.us October 1,1,2078 Sarah Manwaring City Clerk City of Menifee RE: Pinehurst, LLC, City of Menifee Monument Bond Release, Bond Number 7572595 Tract Map 28790-2 Dear Sarah: On August 5, 2075, the City of Menifee entered into agreement with Pinehurst LLC for the Subdivision Monuments within the above referenced subdivision; $ 68,760.00 - for the completion of public improvements On August 75,2018, Council approved the release ofthe security. Please release the above Security to the Developers Surety and Indemnity Company. Please contact Andy Powell, Associate Engineer as soon as possible, if you have any questions you may reached me (951) 723-3721. Sincerely, fonathan G. Smith, PE, QSD, QSP Director of Public Works / City Engineer Cc: file Bill Zimmerman lv'layor Lesa A. Sobek Mayor Pro Iem Oistrict 3 Greg August Councilmember District 1 Matt Liesemeyer Councilmember District 2 Armando G. Villa City lvl ir n a.Jf I John Denver Councilmember District 4