Lennar Homes of California, Inc. Bond Release Letter TM37136 024239249MENIFEE ,1984{ li.rul] Ro,r(
9516') 6177 F
Mr.nrle'r. CA 9.2586
r\ 951 679 18.11
New. Better. Best.cityolmenitec. us
August 23, 2022
Lennar Homes of California, Inc.
980 Montecito Dr. Suite 302
Corona, CA 92879
Re: Lennar Homes of California, Inc., City of Menifee, TM 37136
90o/o Bond Reduction and Bond Release, Bond No. 024239249
On August 3, 2022 the City Council approved the 90o/o bond reduction of the faithful
performance bond and full release of the material and labor bond noted below.
Performance Bond No. 024239249 - $2,608,500
Material and Labor Bond No. 024239249 - $1,304,250
The City is unable to locate the original bonds. Enclosed is a copy of the bonds.
Sincerely,
Stephanie Roseen,
Acting City Clerk
Enclosures
Brll Zrmmerm.ln Dean Dane3
I),\1r,, I rl
8ob Karwrn Ma Llesemeye,Le5a A Sobek A,m6ndo G Vrlld
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MENIFEE
New. Better. Best.
2984.r H.r ' Ro,ld Me ,lee. CA 92586
9b1 6' 2.5 t:: F.)( 951.6.,9 .t843
August 4. 2022
Stephanre Roseen
Acting City Clerk
City of Menifee
crtyofmenifee.us
City of Menifee
Clty Ctert
AUG r 6 ?022
Subject: 90% Bond Reduction for Tract Map 37136 Reoelved
Dear Stephanie,
on August 3. 2022, the city of Menifee city council approved a 90% Bond Reduction for Tract Map
37136. The original bond information is listed below.
Original Streets & Drainage, Water System, and Sewer System Bond
Water
Sewer
Total t1,304,250 t260
Please contact fennifer Hernandez ifyou have any questions.
Sincerely.
,J?4
Daniel Padilla, PE
Deputy Public Works Director/City Engineer
Streets/Drainage 024239249
024239249
024239249 399 000 39 900
s962 000
$ 142 s00
s192 450$1,924,500
$285.000
$ 199.500
$28.s00
Felthlul
Porformance
(90%
Reducllonl
t2,608,500
Frlthtul
Parto.manco
(Orlgln!lAmount)
Lsbor A l.t.rlrlr
(Orlglnal
Amount)
lmprovemont Socurlty