Sutter Mitland 01, LLC Bond Release Letter TM31822-3 100082962029844 Haun Rd. Menifee CA. 92586
19511672-6777 I Fax (951) 679-3843
cityofmenifee.us
April27,2023
Sutter Mitland 01, LLC
Attn: Shaun Bowen
3200 Park Center Drive, STE 1000
Costa Mesa, CA 92626
RE: Sutter Mitland 01, LLC, TM31822-3,Bond Release, Bond No .1000A29620 /TCS}I7t576,
1000829623 /TCS0171575 and. 7000829629 /TCSOIT 757 3
To whom it may concern,
The City of Menifee's Engineering Department has approved a 90%o release of Faithful Performance Bond No.
7000829620 /TCS077 757 6 for TM31822-3.
10% ofthe Faithful Perfomance Bond will be retained as a Warranty Bond for TM31822-3 for 12 months from
the date of notice of completion/acceptance of improvements.
Material and Labor Bond No. 7000829629 /TCS0171573 may be released effective June 1, 2023.
Subdivision Monument Bond No. 1000829623 /TC50177575 will be released in full immediately.
Below you will find the schedule of release for Bonds referenced above:
* Pending final Engineering Department approval.
Enclosed are copies ofthe Faithful Performance & Materials Bond, and original Subdivision Monument Bond
ilar
ent Analyst, City Clerk's Office
1000829620/TCS0171s76
(Faithful Performance Bond)S2,3s1,ooo
1000829529/TCS0171s73
(Material & Labor Bond)51,17s,500
1000829623/TCS0171575
(Survey Monument Bond)54s,720
s0
s0545,7?0 4/2L/23
S2,11s,900
Release
Date
4lZL/23
10% Warranty
Bond being held
s 2 3 s,100
Original Bond
Amount
Released
Amount
Bill Zimmermsn
Mayor
Ricky Estrada
Councilmember
Distflct 2
Armando G. Villa
City Manaqer
Bob Karwin
M.ryor Pro Tem
Distflct 1
Lesa A. Sobek
Counarlmember
D strict 3
Dean Deines
CoLrncilmember
District 4
MENIFEE
New. Better. Best.
Bond No.
s1,17s,s00 611/23*
Tentative
Release Date
3lr/24
N/A
N/A
29844 Haun Road r Menifee, CA 92586
951-672-6777 I Fax 951'679-3843
New. Better. Best.cityofmenifee. us
March 3, 2023
Kay Vinson
Acting City Clerk
City of Menifee
RE: Council Approved Security Release for Tract Map 36485-3
Dear Kay,
On March I, 2023, the City of Menifee City Council accepted the public improvements from Sutter
Mitland 0'1, LLC for streets, water, sewer and survey monuments and authorized the release of
posted securities for Tract Map (TM) 36485-3.
10% of the Faithful Performance bond amount is to be retained as a Warranty Bond for TM 36485-
3 for 12 months from the date of notice of completion/acceptance of improvements.
Material and Labor Bond(s) may be released effective June 1,2023. The Survey Monument Bond
may be released in full immediately. All original bond information for Tract Map 36485-3 is
provided below.
Security No.
Performance / Material
Faithful
Performance
lllaterial and
Labor
lmprovement
Streets/Drainage
Water System
Sewer System
Total
1 00082962o/TCS01 71 576
'l 00082962o/TCS01 71 576
I 00082962o/TCS01 71 576
$ 1,679,500$ 326,500$ 345,000
$ 2,351,000
$ 839,750
$ 163,250$ 172,500
$ 1,r75,500
$ 4s,720$ 45,720
Table 2 -Su
Survey Monuments 1 000829623/TCS01 7'l 57s
Total
Please mail bond release information to:
Sutter Mitland 01 LLC
Attn: Shaun Bowen
3200 Park Center Drive, STE 1000
Costa Mesa, CA 92626
Daniel Padilla, P.E.
City Engineer
lf you have any questions, please contact Kris Jensen
Sincerely,
?JM
lmprovement Security No.
MENIFEE
Table 1 - Original Posted Security lmprovements
Monuments Bond
Please email bond release information to:
kiensen@cityofmenifee.us
crobinson@citvofmenifee.us
shaun. bowen@brookf ieldorooertiesdevelooment.com
Monument Bond