Stark Menifee Land, LLC Bond Release Letter PM36299-1 1164855MENIFEE 29844 Haun Road Menrfee. CA 92586
951-672 -6777 Fax 951'679'3843
New. Better. Best.cityofmenilee.us
February 7,2020
Lexon Insurance Company
10002 Shelbwille Road, Suite 100
Louisville, KY 40223
Re: Stark Menifee Land, LLC, City of Menifee, PM 36299-1
Bond Release, Bond No. 1164855
The precise grading improvements have been completed to City specifications and standards
and the Bond is now ready for release. Enclosed is the original Faithful Performance Bond for
PM 36299-1 as follows.
Precise Grading Bond No. 1164855 - $250,000
Please let me know if you have any questions.
Sincerely,
rah A. M ari
City Clerk
cc: Stark Menifee Land, LLC
Enclosure
MEN!FEE
New. Better. Best.
February 3, 2020
Sarah Manwaring
City Clerk
City of Menifee
Subject: GP15-028 Parcel Map 36299-7 Park Site Bond Release
Dear Sarah:
29844 Harrn Road Meniree. CA 92586
951.672.6771 Fax 951579-3843
cityolmenilee. rrs
Clty of Mentfee
City Clerk
FEB 04 2020
Received
On February 5, 2019, Stark Menifee Land, LLC entered into park grading bonds and agreements
with the City of Menifee for the completion of work detailed on GP15-028 park site. Since then, the
City of Menifee approved the park grading bond reduction.
Since then, City Staffhas reviewed and inspected the grading work and has confirmed the
condition ofthe grading improvements are in a position to allow for the full release ofthe park
grading bond. The bond to be released is shown below.
Type Security Faithful
Performance
Material &
Labor
Precise Grading 1164855 $250,000 N/A
Please let me know ifyou have any questions.
Since ly,
athan Smith, P.E.
irector of Public Works and Engineering / City Engineer
Greg Augusl
CoUn0lrirenll)
D,si,rCl 1
Bill Zimmerman Matt Liesemeyer
Drstlct 2
Lesa A. Sobek
CouncrlmemDel
Drstllct 3
Oean Deines
Councrlmember
Drrtrct 4
Armando G. Villa
Ci(y M.rnager