HomeMy WebLinkAboutT6452-3 15-065 L&M Bond ReleasePUBLIC WORKS DEPARTNIENT
NICK FIDLER • DIRECTOR • CITY ENGINEER
July 25, 2016
Juliana's Garden, LLC
3470 Wilshire Boulevard., Suite 1020
Los Angeles, California 90010
Re: Security Release for Tract 6452 Phase3
Improvement Agreement No. 15 -065
Suretec Insurance Company
Labor & Material Bond No. 4394604 ($568,183.50)
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 April 25, 2016 by the
City of Bakersfield. This letter is your authorization to release ONLY the Labor & Material
Bond No, 4394604. The original Labor & Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 4394604M ($150,902.90) from
Suretec 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: 9VA N4
Daniel Padilla
Civil Engineer III - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6452 -3 15- 065L &M BOND RELEASE
16(X) Truxam Avenue www.bakersfieldcitv.us
Bakersfield • California • 93301
'�
Liz
(661)326 -3721
a s
Fax (661) 852 -2120
B A
K
E
R
S
F
1 E
L
D
PUBLIC WORKS DEPARTNIENT
NICK FIDLER • DIRECTOR • CITY ENGINEER
July 25, 2016
Juliana's Garden, LLC
3470 Wilshire Boulevard., Suite 1020
Los Angeles, California 90010
Re: Security Release for Tract 6452 Phase3
Improvement Agreement No. 15 -065
Suretec Insurance Company
Labor & Material Bond No. 4394604 ($568,183.50)
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 April 25, 2016 by the
City of Bakersfield. This letter is your authorization to release ONLY the Labor & Material
Bond No, 4394604. The original Labor & Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 4394604M ($150,902.90) from
Suretec 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: 9VA N4
Daniel Padilla
Civil Engineer III - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2016/T6452 -3 15- 065L &M BOND RELEASE
16(X) Truxam Avenue www.bakersfieldcitv.us
Bakersfield • California • 93301
'�
Liz
(661)326 -3721
a s
Fax (661) 852 -2120