Sutter Mitland 01, LLC Bond Release Letter TR36485 30033226MENIFEE
New. Better. Best.crtyolmenilee.us
September 15,2020
Sutter Mitland 01, LLC
3200 Park Center Drive, Suite 1000
Costa Mesa, CA 92626
Re: Sutter Mitland 01, LLC, City of Menifee, TR 36485, Plot Plan 2017-356
Bond Reduction, Bond No. 30033226
The Planning Department has approved the reduction on the bond mentioned below to
$90,081.60. The HoA-maintained landscape and irrigation for Paseo 40c and 40D ofTract
36485 have been installed to City specifications and standards. Enclosed is a copy of the bond'
Faithful Performance Bond No. 30033226 - $1,427,716.68
Sincerely,
hanie Roseen,
Deputy City Clerk
Please let me know if you have any questions.
ft MENIFEE
New. Better. Best.cityotrn('nrtoc us
September 2, 2020
U.S. Specialty lnsurance Company
601 S. Figueroa Street, Suite 1600
Los Angeles, CA 90017
CC: Sutter Mitland 01 LLC
3200 Park Center Drive, Suite 1000
Costa Mesa, CA 92626
RE: Security Roduction for Plot Plan 20'17-356 - Paseo 40C and Paseo 40D
Landscape and lrrigation Plan (TR 36485)
The HoA-maintained landscape and irrigation for Paseo 40C and Paseo 40D of Tract 36485
within the Audie M"rphy Ranch Specific Plan (SP209), has been installed in accordance
with Exhibit L approved through Plot Plan 2017-356 and the installation was confirmed by
the 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 of $1,427,716.68 to $90,081 .60 (cost of
1-Year Maintenance). The remaining amount for this bond is $90,081.60, which can be
released after completion of the one-year post installation landscaping and irrigatton
inspection pursuant to the conditions of approval for the Plot Plan (PP2017-356).
Please contact the Planning Division at (951) 723-37 45, if you have questions or need
additional information.
Sincerely,
City of Menifee Community Development Department
Russell Brown, Associate Planner
Arnrindo G VrrlagrllZimmermanMatl Liesemeyer
Drstrct 2