Lennar Homes of California, Inc. Bond Reduction Letter TM37179 867700MENIFEE
New. Better. Best.catyolmenilee. us
March 8. 2022
Lennar Homes of California, lnc
980 Montecito Drive
Corona. CA 92879
SubJect: City of Menifee, Lennar Homes of California. lnc., TM 37179. Bond Reductton
To whom rt may concern,
On February 2, 2022lhe City Councrl approved a 90% reduction of the following bond
o Fa(hful Performance Bond No. 867700
The City Council approved the release of the following bond.
. Material and Labor Bond No. E67700
Enclosed as a copy of the Faithful Performance bond for reference and the oragrnal Material and Labor
Bond
Please let me know rf you have any questtons
Sincerely.
teph anre Roseen
Acting City Clerk
Enclosure
E
I
.
MENIFEE 29844 Hnua Rood M.nre. CA 9)596
951-Ot2 6177 Far 951 679.3843
New. Better. 8est.catyormenifee.us
F ebruary 24 , 2O22
Sarah Manwaring
City Clerk
City of Menifee
Streets/ Drai e i60,450Walers56,200Sewer353,49o
$1 700.500 sl 70,050
Please contact Jennifer Hernandez ifyou have any questions
Sincerely,
0-,(
IN P5T
Daniel Padilla, PE
Deputy Public Works Director/City Engineer
867700 $604,500
86 7 700
867700
$s62 000
$534.000
$281 000
7 000
s850 250
250
lmprovement Security Faithtul Performance
(Orlginal Amount)
Labor & materials
(Orlglnal Amount)
Faithful Perlormance
(90"/o Reductlon)
Subiect: 90% Bond Reduction for Tract Map 37179
Dear Sarah:
9-" F"-b-rylv-1, 2022, the ciry of Menifee city council approved a 90% Bond Reduction for TracrMap 3 7179. The original bond information i, tirt"d beto*.
Original Streets & Drainage, Water. System, and Sewer System Bond _ Bond No. g67700
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