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1989-588081 (2) ~ 89 t~~~~ ~ Re'ccrding Requested By; city of Encinitas 1176 E'3 OCT 30 AH 20 ) When Recorded Mail to: ) ~ City Enginee-r CITY OF ENCINITAS 527 Encinitas Boulevard, Suite 100 ) Encinitas, California 92024 rR NO'rICE OP' COIrIPLETION Assessor's Parcel Log. No.: 3C)0 No. 255-221-01 through 15 Project No.: TM 4579-1 ;55-222-01 th.rough 26 W.O. Nov: 8135 1. Pursuant to the Subdivision Map Act of the State of California and Title 24 of the Encinitas Municipal Code, Scotts Valley, a California General Partnership, did on the 17th day of Auqust, 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 improvements in the City of Encinitas. 2. Said agreement, ?ncluding the plans and specifications for said improvements, is on fa.le in the Office c,f the Clerk of the City of Encinitas. 3. Said improvements were completed 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 improvements and the payment of labor ana material is.American Insurance Company, c/o GAF Insurance Service, P.O. aox 85410, San Diego, CA,92138, Attention Ms. Chris Patterson. 5. Security A. Construction of Improvements Bonds quaranteeing construction of improvements from the American Insurance Company (Bond 230. 731 63 63) as follows: Band amount $1,224,950.00 Street, drainage and sewer improvement $1,120,000.00 Partion (to be retained) amount to be released $ 104,950.00 SW/04/CM11-1788WP5 (9-19-89-1) 1.~~ y ~ }/y~J • Q { ` The retainQd amount shall remain with the City for one year following the acceptanGe of work by City Council and until such time that the City will require the security. B. Payment of Labor and Material Bonds guaranteeing payments for labor and material in the amount of $564,075 from American Insuiance Company (Bond No. 731 63 63). This bond is to be released six months after the above date of acceptance of improvements by the City Council. 6. Neither acceptance of saad improvements by the City Council nur this notice constitutes a waiver of any defeets in the w4rk of the construction or installation of said improvements. Dated: Uf CITY OF ENCINITAS . By E. J e Poo1, City Clerk I, E. Jane Pool, City Clerk of the City of Encinitas, a political subdivision of the County of San Diego, State of California, wnich is the owner of the publia work described in the within Notice of Completion executed by said City of Encinitas, do hereby certify that I have read the same and know the contents thereot and that the facts therein stated are true of my own knowledge. I make this verification for and on behalf of said City of Encinitas. Date : D OCo ~ ~ D~ E. Ja Pool, City Clerk ~ ~ ~ I R , i ~ SW/04/CM11-17E38WP5 (9°19-89-1) f ;~r•