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1987-665947 u 21s U NOTICE OF COMPLETIOid 1. Pursuant to the Subd.ivision Map Act of the State of. California and Title 24 of the Encinitas Mun.icipal Code, Torrey Pines Development, a subdivider, did on the 5th day of February 1986, enter into an agreemciit w.ith the City of Encinitas to construct and install certain improvements in that certain subdivision known as Grandview, Tentative Map No. 17437, said iinprovements 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 of Encinitas. 3. Said improvements were completed and accepted by the Encinitas City Council on the 24th day of August, 1987. 4. The name of the surety on the subdivider's Letter cf Credit guarante.eing coi-istruction of said improvements and the pay-ment of labor and material therefore is Torrey Fines Bank, 1125 Wall Street, La Jolla, California, 92031. 5. Letter of Credit: $20,700.00. Tne originai street improvement portion, $13,800.00, was reduceci to $1,380.00 on January 12, 1987. The amount of $1,380.00 shall be held for one (1) year from the acceptance date in paragraph 3 above unless further notified by the Cii;y. 6. Labor and Material portion $6,900.00 should be released in six months snould no claims be filed against it. 7. Neither acceptance of said improvements by the City Council nor this notice constitutes a waiver of any defects in the work of the ronstructien or installaticn of said impro-,ements. Dated : CITY OF' ENCINITAS i 6TATE OF CALIFORNIA, ) County of San Diego, ) SS By_ ~ ' ~f~' XEnci~iitas City Clerk E. ;Jane Pool, City C.l_erk of the City of F:ncinita:., apolitical :subdivision of the State of California, which is the owner of the public work described in the wiLhin Noti-.e of Completion executed by sa:.d City of Lncinitas; certify that I have read the same and know the contents thereof and that the facts therein stated are true of my o4m knowledge; that I make th4; verification for and on hehaZ€ oY said City of Enci.nitas. Subscribed and sworn to before me this 25-_th day of 1987. cti'c. (..Q E.~Jan ~~P,-01,--City Cl.c;; ^.nCity o Encinitac u. •i ,i ~ RECOaDINc: FEQti[S'FD aY ~ ~ B T u6a 94j . . AND h1Ail 10: • . ~~-j ~'~r` ~N S .V'~J 217 I:' DEC.-?. AM Ii: 44 vtF n L. L71. ~ L-Loufi i ~SrcortnE~ h0 FEE