HomeMy WebLinkAboutT6802-1 15-160 Maintenance Bond Release Letter0
B A K E R S F l E L D
PUBLIC WORKS DEPARTMENT
NICK FIDLER • DIRECTOR • CITY ENGINEER
April 14, 2017
Iron Rock Development
5401 Business Park South, Suite 220
Bakersfield, California 93309
Re: Maintenance Letter of Credit Release Tract 6802 Phases 1
Improvement Agreement No. 15 -160
Mission Bancorp
Maintenance Letter of Credit No. 2015 -84 ($158,909.00)
To Whom It May Concern:
All improvements for the above - referenced tract were completed and a NOTICE OF
COMPLETION AND ACCEPTANCE OF WORK has been approved by the City and was recorded
on March 24, 2016.
The subdivision has successfully completed its one year warranty period and /or all
corrections have been completed, and this letter is your authorization to release Maintenance
Letter of Credit No. 2015 -84 in the amount of $158.909.00. The Maintenance Letter of Credit is
being returned to the bank along with a copy of this letter.
You may contact Michelle Mendenhall at (661) 326 -3582 if you have questions.
Very Truly Yours,
Nick Fidler
City Engineer
By: 4 Q
Daniel Padilla
Civil Engineer IV - Subdivisions
cc: Reading File
Project File
S: /LAND DIVISION /REDUCE & RELEASE /2016/T802 -1 15 -160 MAINT LOC RELEASE
1600 Truxtun Avenue
Bakersfield • California • 93301
(661)326-3724
Fax(661)852 -2120
www.bakersfieldcity.us
q.P—W P