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Sutter Mitland 01, LLC Bond Release Letter 929630713 PM36485-1MENIFEE 29844 Haun Road Menifee, CA 92586 951-672-6777 Fax951-679-3843 New. Better. Best.cityofmenifee.us December 5, 2019 Continental Casualty Company 8880 Cal Center Dr., Suite 410 Sacramento, CA 95826 Re: Sutter Mitland 01, LLC, City of Menifee, PM 36485-1, GP15-007 Bond Release, Bond No. 929630713 Faithful Performance Bond - $103,500 Material and Labor Bond - 951,750 Please let me know if you have any questions. Sincerely, rah A. Manwaring City Clerk The improvements for Tract Map No. 36485-1 have been completed to City specifications and standards and the bonds are ready for release. The City is unable to produce the original bonds; a copy ofthe Faithful Performance Bond and Material and Labor Bond are enclosed. MENIFEE 29844 Haun Road Menifee. CA 92586 951-672-6777 Fax951-679.3843 cityofmenifee. us November L4,ZO79 Sarah Manwaring City Clerk City of Menifee TM36485-1/GP 1 5-007R Bond Release Developer Info: Sutter Mitland 01, LLC 3200 Park Center Drive, Suite 1"000, Costa Mesa, CA92626 Shaun.bowen@brookfi eldrp.com Dear Sarah, On June 2nd 2016, the City of Menifee entered into agreement with Sutter M itland 01, LLC regarding grading and erosion control improvements for Tract Map 36485-1 Rough Grading. Since then, City of Menifee Staff has reviewed and inspected the grading work done and have confirmed that the condition of the grading improvements is in a position to allow for the full release ofthe grading and erosion control bond. The bonds to be released are shown below. Sincerely, Jonarhan G. Smith, PE, QSD, esp Public Works Director / City Engineer Greg August Mayor Pro Tem Drstict 1 Matl Liesemeyer CoUncrlmember Drstrict 2 Type Bond Number Faithful Performance Material & Labor Precise Grading 929630773 $ 4s,s00.00 $ 22,750.00 Erosion Control $ 58,000.00 $ 29,000.00 WQMP 0.00 $0.00 TOTAL $ 103,s00.00 $ 51,750.00 Bill Zimmerman MaVor Lesa A, Sobek Councrlmember District 3 Dean Deines Councilmenrber Drstfict 4 Armando G. Villa Clty Manager New. Better. Best. $