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1989-588081 `"f 89 5!~48I Recarding Requasted By: City of 3ncir.itas ) 1176 ) =9 GCi 3J U' kli 14 E: 20 When Recorde3 Mail to: ) City Engineer CITY GF ENCINITAS _j 527 Encinitas Boulevard, Suite 100 } Encinitas, California 92024 j ) R F 4.00 kFt 2.00 i NOTICE 9F COMPLETION Assessor's Parcel Log. No.: 2200 No. 255-221-01 through 15 Project No.: TM 4579-1 255-222-01 through 26 W.O. No.: 8135 1. Pursuant to the Supdivision Map Act of the State of California anci Title 24 of the Encinitas Municipal Code, Scotts Valley, a Califarnia General Partriership, did on the 17th day of August, 1987, enter into an agreement with the City of Encinitas to construct and install certain improvements shown on Plan No. TM 4579-1 in that certain subdivision known as Scotts Valley, Record Map No. 11921, said improvements consisting of street and drainage impravements in the City of Encinitas. 2. Said agreement, including the plans and specifica.tions for said improvements, is on file in the Office of the Clerk af the City of Encinitas. 3. Said improvements were completad and accepted by the Encinitas City Council on the 27th day of September, 1989. 4. The name of the surety on the subdivider's Bond guaranteeing construction of said impravements and the payment of labor and material is American Insurar,ce Ccmpany, c/o GAF Ins.urance Service, P.O. Box 85410, San niego, CA 92138, Attention Ms. Chris Patterson. 5. Security A. Construction of Improvements Bonds guaranteeing conztruction of improvements from the American Insurance Company (Bond No. 731 63 63) as follows: Bond amount $1,224,950.00 Street, drai.nage and sewer improvement $1,120,000.00 Portion (to be retained) aanount to be released S 104, 950. 00 SW/04/CM1i°1788h'P5 (9-19-89-1) r;' . ~ 1177 MM . The retained amount shall remain with the City for one year £ollowing the acceptance of work by City Council and until such time that the City k*ill require the security. E. Payment of Labor and Material Bonds guaranteeing payments for labor and material in the amount of $564,075 from American Insurance Company (Bond No. 731 63 63). This bond is to be released six months after the above date uf acceptance of improvements by the City Council. 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 or installation of said improvements. Dated: / a CITY OF ENCINITAS 11 $y IT - E. J e Pool, City Clerk T, E. Jane Pool, City Clerk of the Cxty 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 qf Completion executed by said City ot Encinitas, do hereby certify tihat I have read the same and know tr.e contents thereof and that the facts therein stated are true of my own know•ledge. I make this verification for and on behalf of said City of Encinitas. , Date: E. Ja Pool, City Clerk SW/04/CM11-:.788WP5 (9-19-89--1) ,