Lennar Homes of California, Inc. Bond Reduction Letter TM37136 380051SMENIFEE
New. Better. Best.
)uly 22,2022
Lennar Homes of California Inc.
980 Montecito Dr. Suite 302
Corona, CA92879
29844 Hdun Road Menifee. CA 92586
951 672 677? Far 951-679-3843
cityofmenitee.us
COPY
Re: Lennar Homes of California Inc., City of Menifee, TM 37136 (GP18-065R)
90% Bond Reduction, Bond No. 3800515
The City of Menifee Engineering Department approved the 900/o bond reduction of the faithful
performance bond and the material and labor bond, bond No. 3800515.
Faithful Performance Bond No. 380051S- $262,000
Material and Labor Bond No. 3800515 - $131,000
Enclosed are copies ofthe bond for the performance bond and the material and labor bond.
Sincerely,
Enclosures
c
Bill Zimmernran Dean Deines
ivl.-ryor Pro Te
D,.,tnat 4
Bob Karwin Matt Liesemeyer Lesa A. Sobek Armando G. Villa
Cilv M.rnaq.r
Stephanie Roseen,
Acting City Clerk
MENIFEE 29844 Houn Road Meorfee. CA 92586
951-672-6777 F4r 951 679'3843
New. Better. Best.cityormenifee.us
luly 7,2022
Stephanie Roseen
Acting City Clerk
City of Menifee
Subject: Grading Bond Reduction for Tract Map 37736
Dear Stephanie:
Developer Lennar Homes of California has requested the 90o/o reduction of the Grading and
Erosion Control bonds associated with Tract Map 37136. The Project Manager has reviewed the
request and determined all required improvements have been completed and project conditions
have been met to allow for the reduction of said bond.
The original bond information is Iisted below
TM 3?l 36 Original Crading and Erosion Bond
Please contact fennifer Hernandez if you have any questions.
Sincerely,
gJ,lu
Daniet Padilla, PE
Deputy Public Works Director/City Engineer
Rough Grading 380051S $139,000 $69,500
Erosion Control 380051S $98,000 $49,000
WQMP 380051S $25,000 $12,500
Total $262,OOo $131,000
Security Labor & MaterialsImprovementFaithful
Performance