Lennar Homes of California, Inc. Bond Release Letter TM37136 024239249 (2)MENIFEE ?9844 HnLrn Ro.trl
,51 6t2 67 /7 F,
Menrle'r CA 92 586
95r 679 184 3
Arm.rndo G. Vrlla
New. Better. Best.cityolmenifee. us
August 23, 2022
Lennar Homes of California, Inc.
980 Montecito Dr. Suite 302
Corona, CA92879
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 900/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,
:%-*0"",-,
Stephanie Roseen,
Acting City Clerk
Enclosures
Brll Zrmmerman Oe.tn Dernes Bob KarlYrr)Matt Lresemeyer Le!.1 A Sobek
t)
MENIFEE
New. Better. Best.
298.1.r nai, , Rodd Men,tee. CA 92586
951 6 '2 5 /:' F.rx 9;1.679 3343
August 4,2022
Stephanie Roseen
Acting City Clerk
City of Menifee
cityoffienilee.u5
City of Monifee
Clty Clerk
AUG l6 2022
Subiect: 9070 Bond Reduction for Tract Map 37136 Re4elved
Dear Stepha nie,
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 t2,608 500 $1,304,250
Please contact fennifer Ilernandez ifyou have any questions
Sincerely,
t
,Jhb
Daniel Padilla, PE
Deputy Public Works Director/Ciry Engineer
Slreets/Orainaqe 024235249 $1,924,s00 $962,000 s192.450
024239249
024239249
$285.000
$399,000
$ 142 500
$ 199.500
3260 850
Frlthlul
Parlormsnco
(Orlgin!l Amount)
Labor E Haterlelr
(Orlginal
Amount)
F!lthful
Performance
(s0%
Reductlon)
lmprovsmonl Socurlly