Loading...
Indemnity Company of California Bond Release Letter 390876S TM36788MENIFEE 29844 Haun Road Menriee. CA 92586 95L672 67-17 Fax 951-679-3843 New. Better. Best.cityofmenilee.us June 6,2019 RELEA SED Indemnity Company of California 500 S. Kraemer BIvd., Suite 300 Brea, CA 92821 Re: TM 36788, Rough Grading Bond, City of Menifee Bond Release, Bond No. 3908765 GP15-035R, Tract Rough Grading, Menifee Estates, LLC Tract ownership was transferred and the Bonds for Menifee Estates, LLC are now ready for release. Enclosed are the Bonds for Tract Map 36788 as follows: 1. Faithful Performance Bond for Rough Grading- $260,000.00 2. Material & Labor Bond - $130,000.00 Please let us know if you have any questions. Sincerely, Sarah Manwaring City Clerk cc: Menifee Estates, LLC MENIFEE 29714 Haun Road Menifee. CA 92586 951-672-6777 Fax951-679-3843 cityofmenifee.us June 5,20L9 Sarah Manwaring Ciry Clerk City of Menifee TM36788, Rough Grading Bond Release, City of Menifee Bond Release, Bond Number 3908765 GP15-035R, Tract Rough Grading, Menifee Estates, LLC Dear Sarah, On May 27,20t6, the City of Menifee Entered into agreement with Menifee Estates, LLC for the construction of Rough Grading Improvements for the above referenced residential development. Accompanying this agreement was the Grading and Erosion Control Bond Security for; $260,000.00 - Faithful Performance Bond for the completion of Rough Grading lmprovements $130,000.00 - Material and Labor Bond for the Completion of Rough Grading Improvements If you have any questions, please contact Christopher Heron, Assistant engineer as soon as possible. He can be reached at cheron@cityofmenifee.us or 957-723-3723. Sincerely, Jonathan G. Smirh, PE, QSD, QSP City Engineer Cc: file Greg August lvlayor Pro Tem District 1 gill Zimmerman lvlayor Lesa A. Sobek Councrlmember Drstrict 3 Dean Deines Councilmember District 4 Armando G. Villa City Manager New. Better. Best. The tract ownership for TM36788 was transferred over to Woodside 055, LP. The new owners entered into agreement with the City of Menifee on April 3, 2019 for the construction of grading improvements for the above referenced residential development, replacing the original bonds with Menifee Estates, LLC. Therefore, Public Works is requesting that the City Clerk's Office initiate the the process for release of listed security. Matt Liesemeyer CoLrncilmember District 2