1989-84895011 9 .I17z
Recording Requested By: ~ ~ ~ ~ ~ S
City of Encinitas
When Recorded Mail to:
City Engineer
CITY OF ENCINITAS
527 Encinitas Boulevard, Suite 100
Encinitas, California 92024
NOTICE OF COUPLETION
L t,
Assessor's Parcel
No. 216-110-31 THROUGH 34
Log.
Project
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El
No.. O8S-O7
No.: mm-&r
No. :
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1. Pursuant to the Subdivision Map Act of the State of California
and Title 24 of the Encinitas Municipal Code, Esposito Development
Company, a California limited partnership, a subdivider, did enter
into an agreement with the City of Encinitas dated January 12, 1988
to construct and install certain improvements shown on Plan Nu. TM
4563, in that certain subdivisica known as Monte Mira Tentative
Map No. TM4563, Record Map No. 12012, said improvements consisting
of street improvements in the City of Encinitas.
2. Said agreement, including the plans and specifications for said
improvements, is on file in the office of the Clerk of the City or
Encinitas.
3. Said improvements were completed and accepted by the Encinitas
Civy Council on the 25th day of January, 1989.
4. The name of the surety on the subdivider's letter of credit
guaranteeing construction of said improvements and the payment of
labor and material is:
Farmers and Merchants Bank
302 Pine Avenue
Long Beach, CA 90802
5. Security
Letter of credit in the amount of $1,101,885 from Farmers
and Merchants Bank dated January 5, 1988. Street
improvement portion is $731,590, 75% ($548,690) is hereby
released. The labor and material portion in the amount
of $370,295 is hereby released. The remaining 25%
($182,900) to be released at the end of the one year
warranty period.
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OA
117 3
6. Neither acceptance of said improvements by the City Council nor
this notice constitutes a waiver of any defects in the work of the
construction, design or installation of said improvements.
Dated: jkyt"~.~
CITY OF ENCINITAS
'rte
BY
E. ne Pool, City C1eLk
I, E. Jane Pool, City Clerk of the City of Encinitas, a political
subdivision of the County of San rego, 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 hereby certify
t1-at 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 an on behalf of said City of Encinitas.
Date:
E. J e Pool, City Clerk
State of California
County of Sari Diego
SS
On January 26, 1989, before me, the undersigned, a Notary Public in and for
said State, personally appeared E. Jane Pool, personally known to me (or
proved to rye on the basis of satisfactory evidence) to he the person who
executed this instrument as City Clerk, City of Encinitas, and acknowledged
to me that the City of. Encinitas executed it.
OFFIOAl. SEAL
LEW V Y.AUR Ili
INOT:.a+ Pl)i;LIGLw.~_if 0111
p J 'Wig
Leona V. Kauflin
TS/04/CM8-1345WP5 (2-2-89--2)