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HomeMy WebLinkAboutPM11788 14-136 St #14-953 & 14-2100 L&M Bond Returnly -13e_ PUBLIC WORKS DEPARTMENT NICK FIDLER • DIRECTOR • CITY ENGINEER September 21, 2016 Klassen Corporation 2021 Westwind Drive Bakersfield, California 93301 Re: Security Release for Street Permit # 14- 20000953 and 14- 20002100 Travelers Casualty and Surety Company of America Labor and Material Bond No. 106103205 ($243,000.00) To Whom It May Concern: All improvements for the above - referenced Street Permits have been completed and a NOTICE OF COMPLETION AND ACCEPTANCE OF WORK was filed on June 21, 2016 by the City of Bakersfield. This letter is your authorization to release ONLY the Labor and Material Bond No. 10613205. The original Labor and Material Bond is attached. The Developer will maintain the Maintenance Bond No. 106103205 ($24,300.00) from Travelers Casualty and Surety Company of America. 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: PP l adiI a Civil Engineer III - Subdivisions XC: Reading file Project file S:/LANDDIVISION/ REDUCE &RELEASE /2016/ST #14 - 20000953 & 14- 20002100 L &M BOND RELEASE 1600 Truxtun Avenue www.bakersfieldcitv.us ��t►o �Q Bakersfield • California • 93301 (661)326-3724 ` ^� • B A K E R S F 1 E L D PUBLIC WORKS DEPARTMENT NICK FIDLER • DIRECTOR • CITY ENGINEER September 21, 2016 Klassen Corporation 2021 Westwind Drive Bakersfield, California 93301 Re: Security Release for Street Permit # 14- 20000953 and 14- 20002100 Travelers Casualty and Surety Company of America Labor and Material Bond No. 106103205 ($243,000.00) To Whom It May Concern: All improvements for the above - referenced Street Permits have been completed and a NOTICE OF COMPLETION AND ACCEPTANCE OF WORK was filed on June 21, 2016 by the City of Bakersfield. This letter is your authorization to release ONLY the Labor and Material Bond No. 10613205. The original Labor and Material Bond is attached. The Developer will maintain the Maintenance Bond No. 106103205 ($24,300.00) from Travelers Casualty and Surety Company of America. 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: PP l adiI a Civil Engineer III - Subdivisions XC: Reading file Project file S:/LANDDIVISION/ REDUCE &RELEASE /2016/ST #14 - 20000953 & 14- 20002100 L &M BOND RELEASE 1600 Truxtun Avenue www.bakersfieldcitv.us ��t►o �Q Bakersfield • California • 93301 (661)326-3724 ` ^� Fax(661)852 -2120 �••P W