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1988-351890RECORDING . AND h4llIL T0: EQ(1ED qYr,, v V - CITY OF HNCIXITAa © 5 O 1 W 527 ENCINITA8 BOULEVArZ ENCINITAS, CALIFOP2TZA 92024 NOTICE OF COMPLETION AUG + 2 r ~ (619) 944-5050 1. Pursuant to the Subdivision Map Act of ffYs ~F-N I TAS California and Title 24 of the Encinitas Munici Fieldstone Company, subdivider, did on the 13th day of February, enter into an agreement with the City of Encinitas to construct and install certain improvements in that certain subdivision known as Tentative Map No. 4304-8, Record Map No. 11143, said improvements consisting of street and drainage improvements in the City of Encinitas. 2. Said agreement, including :lans and specifications for said improvements, is on file in the office of the Clerk of the City of Encinitas. 3. The name of the ~urety on the subdivider's Bonds guaranteeing construction of said improvements and the payment of labor and material therefore is The American Insuran,:e Company, 17542 E. 17th Street, Tustin, CA 92680. 4. Said improvements were completed and accepted by the City Council of the City of Encinitas on the 25th day of May, 1988. 5. PERFORMANCE BOND - Improvement Bond No. 7127261 in the amount of $482,700.00 has been placed to guarantee performance. The street, drainage, sewer and water facilities appurtenances improvement portion of the bond is $474,700.00, 90% ($427,230.00) is hereby released and the remaining 101 ($47,470.00) shall be held for a period of one (1) year from the acceptance date in paragraph 4 unless further notified by the City of Encinitas. 6. Monumentation portion of the bond in the amount of $8,000.00 is hereby released. 7. Improvement Labor and Material Bond No. 7127261A in the amount of $241,350.00 may 1)e released in six (6) months should no claim be filed against it. 8. Neither acceptance of said improvements by the City Council of the City of Encinitas nor this notice constitutes a waiver of any defects in the work of the construction or installation of aaid improvements. MW/02/PV,-72W1 (7-13-88-1) ge'=; 35!890 1. No V V 050?'"--' I, DEBORAH CERVONE, DEPUTY CITY CLERE of the City of Encinitas, a political subdivision of the County of San Diego, State of California, which is the owner of the public work described in the within Notice of completion executed by said City of Encinitas, do declare under penalty of perjury that I have read the same and know the contents thereof and that the facts therein stated are true of my own knowledge. I make this verification for argon behalf of said City of Encinitas. Date: EJA L D 1Zt Deborah Cervone, Deputy City Clerk STATE OF CALIFORNIA j ss COUNTY OF SAN DIEGO, ) On this 13 day of S0 19 before me, the undersigned, a Notary Public in and for said State, personally appeared DEBORAH CERVUNE, personally known to me tc be the person who executed the within instrument as Deputy City Clerk of the City of Encinitas, and acknowledged do me that the City ems. ,~..±a~ it pursuant to iLs by-laws or a resolution of the City Count;il. WITNESS my hand and official seal. Notary Public MW/02/PW1-72WP (7-13-88-1) ?"01% RMUMTED By AND hWL TO. 0503 CITY Or SwelTw7mun NOTICE OF COMPLETION MUMS, CALXrORN3:A 92074 _ (619) 944-5050 1 ~---•1. Pursuant to the Subdivision Map Act o~_ l~l California and Title 24 of the Encinitas Municipal Code, The Fieldstone Company, subdivider, did on the 13th day of February, enter into an agreement with the City of Encinitas to construct and install certain improvements in that certain subdivision known as Tentative Map No. 4304--5, Record Map No. 11057, said improvements consisting of street and drainage improvements in the City of Encinitas. 2. Said agreement, including plans and specifications for said improvements, is on file in the office of the Clerk of the City of Encinitas. 3. The name of the surety on the subdivider's Eonds guaranteeing construction of said improvements and the payment of labor and material therefore is The American Insurance Company, 17542 E. 17th street, Tustin, CA 92680. 4. Said improvements were completed and accepted by the City Council of the City of Encinitas on the 25th day of. May, 1988. 5. PERFORMANCE BOND - Improvement Bond No. 7127258 in the amount of $786,980.00 has been placed to guarantee performance. The street, drainage, serer and water facilities app::rtenances ii,iprovement portion is $680,080.00, 90% ($612,072.00) is hereby released and the remaining 10% ($68,008.00) shall be held for a period of one (1) year from the acceptance date in paragraph 4 unless further notified by the city of Encinitas. 6. Monumentation portion of the bond in the amount of $12,200.00 is hereby released. 7. Drainage fees in the amount of $94,700.00 have been paid and this portion of the bond may be released. 8. A cash deposit of $109,920.00 has been placed with the County of San Diego Board of Supervisors for erosion work control work. The trust guaranteeing to faithful performance is $73,280.00; 90% ($65,952.00) of this amount may be released immediately, and the remaining 10% ($7,328.00) should be released at the end of the one year warranty period. 9. The trust guaranteeing payment to the contractors, subcontractors, and persons furnishing labor and materials is $36,640.00. This portion of the cash deposit should be released in six months should no claim be filed against it. 10. Improvement Labor and Material Bond No. 7127258A in the amount of $346,140.Ou may be released in six (6) months should no claim be filed against it. MW/02/Y`~'1-69WP (7-13-88-1) NO FEE vu< 0504, 11. Neither acceptance of said improvements by the City Council of the City of Encinitas nor this notice constitutes a waiver of any defects in the work of the construction or installation of said improvements. I, DEBORAH CERVONE, DEPUTY CITY CLERK of the City of Encinitas, a political subdivision of the County of San Diego, State of California, which is the owner of the public work described in the within Notice of Completion executed by said City of Encinita-s, do declare under penalty of perjury that I have read the se.me ani know the contents thereof and that the facts therein stated are// true of my own knowledge. I make this verification ::or arl on behalf of said City of Encinitas. Date: ' . 1 it/lcol~'1!c..P Deorah Cervone, Deputy City Clerk on this I7~'t _ day of 194:Sv , before me, the undersigned, a Notary Public in and for said State, personally appeared DEBORAH CERVONE, personally known to me to be the person who executed the within instrument as Deputy City Clerk of the City of Encinitas, and acknowledged to me that the City executed it pursuant to its by-laws or a resolution of the City Council. STATE OF CALIFORNIA, ) ss COUNTY OF SAN DIEGO, ) I WITNESS my hand and official seal. r■°■~•:. _ f.•rl'.'ti•tiiti`.`rtiW.ii'1'.h-. . OFFICIAL SEAL PATRICIA DREW r 1 NOTARY PULLIC - CAUFUNNIA PRINCIPAL OFFICE I14 ' 1?.4 DIEGO CoUrITy ' My Commission Expire, Mcy 12. 1989 Notary Public MW/02/PW1-b WP (7-13-88-1)