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HomeMy Public PortalAbout11) 7H Release of Security PM068247 @ 5013 Farago AveCity Council February 7, 2012 Page 2 and/or road improvements) are completed in accordance with approved plans. After the improvements are completed by the developer, the City is notified by Los Angeles County Department of Public Works that the improvements have been completed, inspected, and found to be in compliance with the approved plans. Once notified by Public Works, the City Council must approve the work that has been completed, accept the improvements for public use and maintenance and approve the release of the deposited securities. CONCLUSION: The developer (i.e., B and H Land Development and Design, LLC) submitted a Surety Bond in the amount of $69,800 to ensure that road and sanitary sewer improvements were completed at Parcel Map No. 068247. The Los Angeles County Department of Public Works notified the City that the road and sanitary sewer improvements were complete, inspected and found to be in compliance with the approved plans (Attachment A). Hence, the City needs to release the Surety Bond. FISCAL IMPACT: None. ATTACHMENT: A. Letters from the County of Los Angeles Department of Public Works The City Council December 5, 2011 Page2 Please instruct the City Clerk to send a copy of the City Council's action on this recommendation to the surety and City Engineer. Very truly yours, ~ ~~~-A.-/ .~1" GAIL FARBER City Engineer L\~plg ~IL'o~UBISUBMGMnSEWER IMPROVE 1068247SW-templecc doc The City Council January 5, 2012 Page 2 Please instruct the City Clerk to send a copy of the City Council's action on this recommendation to the principal, surety, and the City Engineer. Very truly yours, ----------. ---.) (__ ~-----­~ ;G~~-L FAR~~~ City Engineer -·~/7 ' :pig DPUBISU BM GMTI ROAD\06824 7RD·Cemplecc doc