HomeMy WebLinkAboutT6362-1 City Attorney Cash Bond Transfer
(9/14/2009) Dan Anson -Fwd: Re: Tract 6362 Phase 1 Page 1 From: Joshua Rudnick To: Anson, Dan Date: 9/11/2009 1:55 PM Subject: Fwd: Re: Tract 6362 Phase 1 CC: Shaw, Marian I'm ok with
it if finance is ok with it. Looks like Marian is ok with it as long as they fulfilled their obligations. I agree, but make sure that there are no outstanding claims to the cash bond
for labor and materials. Perhaps the developer could put that in there letter as well. >>> Dan Anson 9/10/2009 2:18 PM >>> Josh When you get this e-mail please call 3584. This will take
some explaining and background information. Questions 1. Can we transfer money, from the improvement cash-Bond money to cover other fees for the Tract. We would only transfer the money
after receiving an approval letter from the developer. Danny Anson danson@ci.bakersfield.ca.us City of Bakersfield Public Works 661-326-3584 >>> Marian Shaw 9/10/2009 1:43 PM >>> If
they have fulfilled everything on the checklist, you have my permission. >>> Dan Anson 9/10/2009 1:36 PM >>> Marian No NOC filed. Waiting for your blessing and then the City Attorney's
Office. Dan >>> Marian Shaw 9/10/2009 10:45 AM >>> when was the NOC filed? >>> Dan Anson 9/10/2009 10:15 AM >>> Marian Please review and comment. Dan >>> Paul Sheats 9/10/2009 9:42 AM
>>> These numbers agree with what is in the subdividers' trust account. I would just add that the $194,151.28 will be returned to the Moreland Corporation contingent on an OK from the
Attorney's office. >>> On 9/10/2009 at 9:38 AM, in message <4AA8C901.DB6C.009D.0@bakersfieldcity.us>, Dan Anson <danson@bakersfieldcity.us> wrote: Paul Please Review and Comment Moreland
Corp. Tract 6362-1 Original Cash AGRMT 07-051 Imp. Agreement ONLY $ 354,431.00 Superior Court ($216,635.02 return $101,235.28) -$ 115,399.74 Knights Pumping Service -$ 9,879.98 ----------------------
--------SUB TOTAL $ 229,151.28 Four (4) Temp Sumps ($40,000 paid 5,000) -$ 35,000.00 Transfer Sump Cost from AGRMT 07-051 ------------------------------SUB TOTAL $ 194,151.28
(9/14/2009) Dan Anson -Fwd: Re: Tract 6362 Phase 1 Page 2 10% Warranty Bond $ 35,443.10 50% Labor and Material Bond $ 177,215.50 Hold the total amount of $ 194,151.28 for 60 days after
the NOC is filed. End of 60 days retain a 10% Warranty Bond of $ 35,443.10 and reduce the $ 194,151.28 by any claims up to $ 177,215.50. The remaining amount from the $ 194,151.28 will
be returned to the Moreland Corporation. Dan