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Home My WebLink AboutT6757-1 Offsite 13-114 Perf & L&M Bond Release LtrPUBLIC WORKS DEPARTMENT NICK FIDUR • DIRECTOR • CITY ENGINEER October 20, 2016 Lennar Fresno Inc. 8080 No. Palm Avenue, Suite 110 Fresno, California 93711 Re; Security Release for Tract 6757 Phase 1 Offsite Improvement Agreement No, 13 -114 Liberty Mutual Insurance Company Performance Bond No. 024051262 ($1,309,675.00) Laborers and Materialmen Bond No. 024051262 ($654,838.00) 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. 024051262 and Laborers and Materialmen Bond No. 024051262. The original Performance and Laborers and Materialmen Bonds are attached, The Developer will maintain the Maintenance Bond No. 024051262 -M ($130,967.50) from Liberty Mutual 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 t By; )J Daniel Padilla Civil Engineer III - Subdivisions XC: Reading file, Project file S: /LANDDIVISION /REDUCE &RELEASE /2416/T6757 -1 13 -114 PERF & L &M BOND RELEASE i W) "Fruxtun A%rnuc wwa. bakers fieldcity.us \1EOQq� Bakersfield • Caliloniia • 93301 o � '� (661)326- Fax (661)852 -252-2 120 v a D< 4�W P B A K E R S F I E L D PUBLIC WORKS DEPARTMENT NICK FIDUR • DIRECTOR • CITY ENGINEER October 20, 2016 Lennar Fresno Inc. 8080 No. Palm Avenue, Suite 110 Fresno, California 93711 Re; Security Release for Tract 6757 Phase 1 Offsite Improvement Agreement No, 13 -114 Liberty Mutual Insurance Company Performance Bond No. 024051262 ($1,309,675.00) Laborers and Materialmen Bond No. 024051262 ($654,838.00) 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. 024051262 and Laborers and Materialmen Bond No. 024051262. The original Performance and Laborers and Materialmen Bonds are attached, The Developer will maintain the Maintenance Bond No. 024051262 -M ($130,967.50) from Liberty Mutual 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 t By; )J Daniel Padilla Civil Engineer III - Subdivisions XC: Reading file, Project file S: /LANDDIVISION /REDUCE &RELEASE /2416/T6757 -1 13 -114 PERF & L &M BOND RELEASE i W) "Fruxtun A%rnuc wwa. bakers fieldcity.us \1EOQq� Bakersfield • Caliloniia • 93301 o � '� (661)326- Fax (661)852 -252-2 120 v a D< 4�W P