HomeMy WebLinkAboutT6448-8 15-135 L&M Bond ReleasePUBLIC WORKS DEPARTMENT
NICK FIDUR • DIRF.CToR • CITY ENGINEER
July 11, 2016
Castle & Cooke California, Inc.
P.O. Box 11165
Bakersfield, California 93389 -1165
Re: Security Release for Tract 6448 Phase 8
Improvement Agreement No, 15 -135
Lexon Insurance Company
Labor & Material Bond No. 1097960 ($211,500.00)
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 April 8, 2016 by the
City of Bakersfield. This letter is your authorization to release ONLY the Labor & Materials
Bond No. 1097960. The original Labor & Materials Bond is attached.
The Developer will maintain the Maintenance Bond No. 1136847 ($42,300.00) from Lexon
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 Engine r
By:
Marian P. Shaw
Civil Engineer IV
XC: Reading file
- Subdivisions
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6448 -8 15 -135 L &M BOND RELEASE
1600Truxlun ANenue www.bakersticldeit .us '*R 40
Bakersfield • California • 93301 .6 �
(661)326-3724 V 1
Fax (661) 852 -2120
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PUBLIC WORKS DEPARTMENT
NICK FIDUR • DIRF.CToR • CITY ENGINEER
July 11, 2016
Castle & Cooke California, Inc.
P.O. Box 11165
Bakersfield, California 93389 -1165
Re: Security Release for Tract 6448 Phase 8
Improvement Agreement No, 15 -135
Lexon Insurance Company
Labor & Material Bond No. 1097960 ($211,500.00)
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 April 8, 2016 by the
City of Bakersfield. This letter is your authorization to release ONLY the Labor & Materials
Bond No. 1097960. The original Labor & Materials Bond is attached.
The Developer will maintain the Maintenance Bond No. 1136847 ($42,300.00) from Lexon
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 Engine r
By:
Marian P. Shaw
Civil Engineer IV
XC: Reading file
- Subdivisions
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6448 -8 15 -135 L &M BOND RELEASE
1600Truxlun ANenue www.bakersticldeit .us '*R 40
Bakersfield • California • 93301 .6 �
(661)326-3724 V 1
Fax (661) 852 -2120
4�W P