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Home My WebLink AboutT6453-2 13-111 Perf & L&M Bond ReleasePUBLIC WORKS DEPARTMENT NICK FIDLER • DIRECTOR • CITY ENGINEER April 4, 2016 Lennar Homes of California Inc. 8080 N, Palm Avenue, Suite 110 Fresno, California 93711 Re: Security Release for Tract 6453 Phase 2, Improvement Agreement No. 13 -111 Developers Surety and Indemnity Company Performance Bond No. 387902S ($1,555,922,00) Laborers & Materialmen Bond No. 387902S ($2,197,609.00) 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 January 15, 2014 by the City of Bakersfield. This letter is your authorization to release ONLY the Performance Bond No. 387902S and Laborers and Materialmen Bond No. 387902S. The original Performance Bond and Labor and Materialmen Bond are attached. The Developer will maintain the Maintenance Bond No. 387902M ($439,521.84) Developers Surety and Indemnity 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: Gw Civil Engineer IV - Subdivisions XC: Reading file, Project file S: /LANDDIVISION /REDUCE &RELEASE /2016/T6453 -2 13 -111 PERF & L &M BOND RELEASE 16(x)Truxtuti ANenue www.hakerstieldcity.us o`EV qe� Bakersfield • California • 93301 uW ^ (661)326-3724 c Q Fax(661)852 -2120 4`W P B A K E R S F 1 E L D PUBLIC WORKS DEPARTMENT NICK FIDLER • DIRECTOR • CITY ENGINEER April 4, 2016 Lennar Homes of California Inc. 8080 N, Palm Avenue, Suite 110 Fresno, California 93711 Re: Security Release for Tract 6453 Phase 2, Improvement Agreement No. 13 -111 Developers Surety and Indemnity Company Performance Bond No. 387902S ($1,555,922,00) Laborers & Materialmen Bond No. 387902S ($2,197,609.00) 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 January 15, 2014 by the City of Bakersfield. This letter is your authorization to release ONLY the Performance Bond No. 387902S and Laborers and Materialmen Bond No. 387902S. The original Performance Bond and Labor and Materialmen Bond are attached. The Developer will maintain the Maintenance Bond No. 387902M ($439,521.84) Developers Surety and Indemnity 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: Gw Civil Engineer IV - Subdivisions XC: Reading file, Project file S: /LANDDIVISION /REDUCE &RELEASE /2016/T6453 -2 13 -111 PERF & L &M BOND RELEASE 16(x)Truxtuti ANenue www.hakerstieldcity.us o`EV qe� Bakersfield • California • 93301 uW ^ (661)326-3724 c Q Fax(661)852 -2120 4`W P