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Scott Road Partners, LLC Bond Release Letter CMS0338322New. Better. Best. Management Analyst, City Clerk's Office 29844 Haun Rd. Menifee CA. 92586 (9511672-6777 I Fax (951) 679-3843 cityofmenifee.us r April2l,2023 Scott Road Partners, LLC Attn: Bob Birmingham 24 Corporate Plaza, Suite 100 Newport Beach, C A92660 RE: Scott Road Partners, LLC, GP15-026, City of Menifee, Bond Release, Bond No. CMS0338322 To whom it may concern, The City of Menifee's Engineering Department has approved a full release ofBond No. CMS0338322 forGPl6- 025. Below u will find the schedule of release for Bonds referenced above: Enclosed are copies of the Faithful Performance and Material & Labor Bonds Si rel na cMs0338322 (Faithful Performance Bond)5L,127,s}o cM50338322 (Material & Labor Bond)s663,7s0 Bond No Deen Deines Councilmember Dastract 4 Armando G. Villa Crty Manaqer Bill Zimmerman Bob Karwin Mayor Pro Tem Drstrict 1 Lesa A. Sobek Councilmember Drstrict 3 \ MENIFEE 5r,327,500 4/2L123 s663,7s0 4/21.123 Released Amount Effective DateOriginal Bond Amount Ricky Estrada Councilmember Drstftct 2 29844 Haun Road Merritee. CA 92586951-672-6177 Fax951-679-3843 New. Better. Best.cityofmenifee.us RE: Grading Bond Release for GPl6-026 Developer (Scott Road Partners LLc) is requesting the grading bond release for Gp16-0. The Project Manager has reviewed and confirmed the receipt of a Notice of rermination from the Southern California Regional Water Quality Control Board (SCRWeCB). The securities held for grading, drainage and erosion control have now been approved for full release of the faithful performance bond and material and labor bond. Both bonds may be released immediately. The original bond information is listed below. Ori inal Gradin Bonds for GP 16-026 Please mail original bonds to:Please email bond release information to: Scott Road Partners LLC Attn: Bob Birmingham 24 Corporate Plaza, Suite 100 Newport Beach, CA 92660 lf you have any questions, please contact Kris Jensen. Sincerely, kiensen@ci enifee.us crobinson enifee.us bob@iuo oldinqs.com kassenrA enklein.com U flnh Daniel Padilla, P.E. City Engineer Grading/Drainage cMS0338322 $ 268,000 $ 134,000 Erosion Control cM50338s22 $ 76,500 $ 38,250 WQMP cMS0338322 $ 983,000 $ 491,500 Total:$ 1,327,500 $ 663,750 MENIFEE Februory 28,2023 Kay Vinson Acting City Clerk City of Menifee lmprovement Security Faithful Performance Materials & Labor