HomeMy WebLinkAboutT6419-2 16-012 Perf Bond Release LetterPUBLIC WORKS DEPARTMENT
NICK FIDLER • DIM -FOR • CITY ENGINEER
December 30, 2016
Lennar Homes of California, Inc.
8080 N. Palm Avenue, Suite 110
Fresno, California 93711
Re: Security Release for Tract 6419 Phase 2
Improvement Agreement No. 16 -012
National Union Fire Insurance Company of Pittsburg, PA
Performance Bond No. 918754 ($1,400,846.00)
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 November 17, 2016 by
the City of Bakersfield. This letter is your authorization to release ONLY the Performance
Bond No. 918754. The original Performance Bond is attached.
The Developer will maintain the Labor and Material Bond No. 918754 ($1,040,711.00) from
National Union Fire Insurance Company of Pittsburg, PA and the Maintenance Bond No.
929620291 -M ($298,528.80) from The Continental 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: �J®(�j
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Daniel Padilla
Acting Civil Engineer IV - Subdivisions
XC: Reading file
Project file
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S:/LANDDIVISION /REDUCE &RELEASE /2016/T6419 -2 16 -012 PERF BOND RELEASE
1600 Truxtun Avenue www.bakersfieldcity.us
Bakersfield • California • 93301
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(661) 326- 3724
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PUBLIC WORKS DEPARTMENT
NICK FIDLER • DIM -FOR • CITY ENGINEER
December 30, 2016
Lennar Homes of California, Inc.
8080 N. Palm Avenue, Suite 110
Fresno, California 93711
Re: Security Release for Tract 6419 Phase 2
Improvement Agreement No. 16 -012
National Union Fire Insurance Company of Pittsburg, PA
Performance Bond No. 918754 ($1,400,846.00)
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 November 17, 2016 by
the City of Bakersfield. This letter is your authorization to release ONLY the Performance
Bond No. 918754. The original Performance Bond is attached.
The Developer will maintain the Labor and Material Bond No. 918754 ($1,040,711.00) from
National Union Fire Insurance Company of Pittsburg, PA and the Maintenance Bond No.
929620291 -M ($298,528.80) from The Continental 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: �J®(�j
�`J�k4'
Daniel Padilla
Acting Civil Engineer IV - Subdivisions
XC: Reading file
Project file
S:/LANDDIVISION /REDUCE &RELEASE /2016/T6419 -2 16 -012 PERF BOND RELEASE
1600 Truxtun Avenue www.bakersfieldcity.us
Bakersfield • California • 93301
a�o`'Ap 4c�^
(661) 326- 3724
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Fax (661) 852 -2120
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