HomeMy WebLinkAboutT6419-2 16-012 L&M Bond Release LtrPUBLIC WORKS DEPARTMENT
NICK FIDLER - DIRECTOR - CITY ENGINEER
March 9, 2017
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
Labor and Material Bond No. 918754 ($1,040,711.00)
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 Labor and
Material Bond No. 918754. The original Labor and Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 918754 -M ($208,142.00) from
National Union Fire 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: P. � P
Daniel Padilla
Civil Engineer IV - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2017176419 -2 16 -012 L &M BOND RELEASE
1600 Truxtun Avenue www.hakersfieldeitv.us `CEO 4c
Bakersfield - California - 93301
(661)326-3724 a i
Fax (661) 852 -2120
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PUBLIC WORKS DEPARTMENT
NICK FIDLER - DIRECTOR - CITY ENGINEER
March 9, 2017
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
Labor and Material Bond No. 918754 ($1,040,711.00)
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 Labor and
Material Bond No. 918754. The original Labor and Material Bond is attached.
The Developer will maintain the Maintenance Bond No. 918754 -M ($208,142.00) from
National Union Fire 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: P. � P
Daniel Padilla
Civil Engineer IV - Subdivisions
XC: Reading file
Project file
S: /LANDDIVISION /REDUCE &RELEASE /2017176419 -2 16 -012 L &M BOND RELEASE
1600 Truxtun Avenue www.hakersfieldeitv.us `CEO 4c
Bakersfield - California - 93301
(661)326-3724 a i
Fax (661) 852 -2120
4`W P