HomeMy WebLinkAboutT6448-6 13-110 L&M Bond ReleasePUBLIC WORKS DEPARTMENT
NICK FIDLER • DIRECTOR • CITY ENGINEER
March 22, 2016
D.R. Horton VEN Inc., DBA D.R. Horton America's Builder Inc.
5050 Hopyard Road, Suite 180
Pleasanton, California 94588
Re: Security Release for Tract 6448 Phase 6
Improvement Agreement No. 13 -110
Berkley Insurance Company
Labor and Material Bond No. 0176170 ($468,795.50)
To Whom It May Concern:
All improvements for the above - referenced Tract Map have been completed and a
NOTICE OF COMPLETION AND ACCEPTANCE OF WORK was filed on December 22, 2015 by
the City of Bakersfield. This letter is your authorization to release ONLY the Labor and
Material Bond No. 0176170. The original Labor and Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 0196656 ($46,262.40) from Berkley
Insurance Company. The maintenance bond is required to guarantee all features of the
improvements for a minimum of one year from the date of recordation of the NOTICE OF
COMPLETION AND ACCEPTANCE OF WORK.
You are to maintain your policies of insurance for the duration of the warranty period.
Please submit to the City an updated copy of your Certificate of Insurance.
Should you have any questions regarding the above, please contact Michelle
Mendenhall at (661) 326 -3582.
Very Truly Yours,
Nick Fidler
City Engineer
By: 14&A .
Marian P. Shaw
Civil Engineer IV - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6448 -6 13 -110 L &M BOND RELEASE
16(x) Truxtun Avenue www.bakerstieldcity.us Q`�w
Bakersfield • California • 93301 A;
(661)326-3724
Fax (661) 852 -2120
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PUBLIC WORKS DEPARTMENT
NICK FIDLER • DIRECTOR • CITY ENGINEER
March 22, 2016
D.R. Horton VEN Inc., DBA D.R. Horton America's Builder Inc.
5050 Hopyard Road, Suite 180
Pleasanton, California 94588
Re: Security Release for Tract 6448 Phase 6
Improvement Agreement No. 13 -110
Berkley Insurance Company
Labor and Material Bond No. 0176170 ($468,795.50)
To Whom It May Concern:
All improvements for the above - referenced Tract Map have been completed and a
NOTICE OF COMPLETION AND ACCEPTANCE OF WORK was filed on December 22, 2015 by
the City of Bakersfield. This letter is your authorization to release ONLY the Labor and
Material Bond No. 0176170. The original Labor and Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 0196656 ($46,262.40) from Berkley
Insurance Company. The maintenance bond is required to guarantee all features of the
improvements for a minimum of one year from the date of recordation of the NOTICE OF
COMPLETION AND ACCEPTANCE OF WORK.
You are to maintain your policies of insurance for the duration of the warranty period.
Please submit to the City an updated copy of your Certificate of Insurance.
Should you have any questions regarding the above, please contact Michelle
Mendenhall at (661) 326 -3582.
Very Truly Yours,
Nick Fidler
City Engineer
By: 14&A .
Marian P. Shaw
Civil Engineer IV - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6448 -6 13 -110 L &M BOND RELEASE
16(x) Truxtun Avenue www.bakerstieldcity.us Q`�w
Bakersfield • California • 93301 A;
(661)326-3724
Fax (661) 852 -2120
4•P W P