Pinehurst, LLC Bond Release Letter TR28788 7599385MENIFEE 29714 Haun Road IVlenifee. CA 92586
951-672-6717 Fax951-679-3843
New. Better. Best.cityofmenifee.us
November 5, 2018
Developers Surety And Indemnity Company
PO Box 19725
Irvine, CA 92623
Re: TR 2B7BB, Park Site Lot 124, Grading Bond Release, City of Menifee
Bond Release, Bond No. 7599385
TR GP16-040P, Park Site Precise Grading, Pinehurst, LLC.
The Grading and Erosion Control has been completed to City speciflcations and standards and
the Bonds are now ready for release. Enclosed is the original Faithful Performance Bond and
the Material & Labor Bond for TR 2B7BB as follows.
1. Faithful Performance Bond - $851,500.00
2. Material & Labor Bond - $425,750.00
Please let me know if you have any questions.
Sincerely,
ah A. Manwaring
City Clerk
cc: Pinehurst, LLC
Lesa A. Sobek
Mayor Pro Tem
District 3
Greg August
Councilmember
District'1
Armando G. Villa
City IYlanager
John Denver
Councilmember
District 4
Bill Zimmerman
Mayor
Matt Liesemeyer
Councilmember
District 2
MENIFEE 29714 Haun Road , Menifee. CA 92586
951-67 2-6777 I Fax 951-679-3843
New. Better. Best.cityofmenifee.us
October 3L, 2018
Sarah Manwaring
City Clerk
City of Menifee
RE: TR 28788, Park Site Lotl24, Grading Bond Release, City of Menifee
Bond Release, Bond Number 759938s
TR GP16-040P, Park Site Precise Grading, Pinehurst LLC
Dear Sarah:
On November 18,2076, the City of Menifee entered into agreement with Pinehurst LLC for the
construction of PTR 28788 Park Site Precise Grading Improvements within the above Precise
Grading Plan (GP16-040P]. Accompanying this Bond Security for the amount of;
$ 851,500.00 - for the completion of Precise Grading.
Pinehurst LLC has requested the Bond release for the Park Site Precise Grading Plan
(GP16-040P). The City Engineering Staff have inspected and reviewed the Conditions ofApproval
for the Park Site Precise Grading Plan and has approved the Release. Please contact Andy Powell,
Associate Engineer ifyou have any questions, you may reach Andy Powetl at (951) 723'372L.
onathan G. Smith, PE, QSD, QSP
Public Works Director / City Engineer
Bill Zimmerman
Moyor
Lesa A. Sobek
Mayor Pro Tem
Dislrict 3
Greg August
Councilmember
Oistrict 1
Matt Liesemeyer
Councilmember
Distlict 2
Armando G. Villa
City Mandger
John Denver
Councilmember
District 4
Sincerely,L
Cc: file