Sutter Mitland 01, LLC Bond Release Letter TM519009 929630702MENIFEE 2984.1 H,rUn Rond Me'1rlee. CA 9
95161) 6777 Far 951 679 3841
New. Better. Best.cityolmenilee.u!
January 31,2022
Sutter Mitland 01, LLC
3200 Park Center Drive, Suite 1000
Costa Mesa, CA92626
The City of Menifee City Council has approved the 90o/o reduction of the following bonds.
Enclosed are copies for reference.
Faithful Performance and Material and Labor Bond No. TM519009/015050555
The City Council also approved the release of the following bond.
Subdivision Monument Bond No. 929630702
The City is unable to locate the original Subdivision Monument Bond, enclosed is a copy.
Sincerely,
Stephanie Roseen
Deputy City Clerk
Brll Zrmmerm.l[l Bob Karwrn M,rtl L|esemeyer Les.l A Sobek Aimlndo G. Villa
Re: Sutter Mitland 01, tLC, City of Menifee, Tract 36485-1
Bond Release and Reduction, Bond No. 929630702 and TM519009/015050555
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MENIFEE 29844 Hdurr Rono Mcnrtee CA 92586
951672 6777 Fax 951-579,3843
cityotmenitae.us
Sarah Manwaring
City Clerk
City of Menlfee
Subiect 90% Bond Reduction for Tract Map 36485-1
Dear Sarah
On ,anuary L9, 2022, the City of Menifee City Council approved a 90% Improvement Bond
Reduction and release of the Survey Monument Eond for Tract Map 36485-1. The original bond
information is listed below.
Original Road & Drainate, Water, and Sewer Bond - Bond No. TM 5190099/01S0S0S5S
lmprovcmcnt Sccurlty Fatthirl
Per{omence l.ebor & Mate rlel
Streets/Drainage TM 5190099/015050555 $ 1,113,500 t 556,750
Water System TM 519009e/0150s0s55 $ 415,000 s 207,500
Sewer System TM 5190099/015050s5s $ 185,000 s 93,000
Total $ 1,714,500 I 8s7,2 50
Original Survey Monument Bond- Bond No
lmprcvcmrnt S€curtty Palthful
Pcrforoence labor & M.t rlal
Monument 9296307 02 I 53,000 N/A
Please contact fennifer Hernandez if you have any questions
Sincerely,
9,t/w
Daniel Padilla, PE
Deputy Public Works Director/City Engineer
New. Better. Best.
lanuary 21,2022