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2007-477895[,-,)C At 2007---04'17896 RECOR i ~~I.~tI ~~I III~~ II~~I II~~~ illof VIII IIIE; IIIIP IIII VIII II~!,II UW3 REQUESTED BY When Recorded Mail To: ) JUL 17, 2007 :3:00 PM 0H 10 L F,EI .DF,L1 District Clerk ) P+ i) LG 1 t 1111 NT r P,FCUr C!ER" 1-IFFIIF F,Ei OP, h,~iTH I::CnJPJi'r REG11FIUER San Dieguito Water District ) ~F E o 505 South. Vulcan Ave. ) 'Eff'' ` i ii ! I =i i ii ##II + I Encinitas, CA 92024 For the Benefit of the District NOTICE OF COMPLETION Assessor's Parcel Nos. 216-063-56/to 63,/ Agreement No. A-0069 1. California Cove at Encinitas, LLC entered into a lien covenant for the benefit of the San Dieguito Water District. The "Lien Covenant Regarding Real Property: Improvements Required as Condition on Final Approval of Subdivision of Real Property", was recorded with the County Recorder of the County of San Diego as Document No.2004-0101764 on February 9, 2004. The Covenant detailed the requirements for the construction and installation of an 8-inch water main, 4-inch water main, 1 new fire hydrant, and new services and appurtenances, within the subdivision known as Sheridan Estates in the City of Encinitas. 2. Said Covenant, including the plans and specifications for said improvements, is on file in the Office of the Clerk of the Board of Directors. 3. Said improvements were completed by the owners and accepted by the San Dieguito Water District Board of Directors on the 27th day of June, 2007. 4. Subdivision Bond No. SU 5005792 from ARCH Insurance Company in the amount of $28,500.00 may be released at this time. The District will retain Cash in the amount of $9,500.00, which shall be released at the end of the one-year warranty period. 5. All requirements of said Agreement have hereby been satisfied except for warranty. 6. Neither acceptance of said improvements by the Board of Directors nor this Notice constitute a waiver of any defects in the work of the construction or installation of said improvements. SAN DIEGUITO WATER DISTRICT 7 L 7 D Lawrence A. Watt General Manager VERIFICATION OF BOARD CLERK I, the undersigned, say: I am the Board Clerk of the San Dieguito Water District; the Board of Directors of said District on June 27, 2007, accepted the above described work as completed and ordered that a Notice of Completion be filed. I declare under penalty of perjury that the forgoing is true and correct. Executed on June 27, 2007, at Encinitas, California. SAN DIEGUITO WATER DISTRICT Deborah Cervone Board Clerk I, Deborah Cervone, Clerk of the San Dieguito Water District, a political subdivision of the City of Encinitas, County of San Diego, State of California, which is the owner of the public work by California Cove at Encinitas, LLC, for property known as Sheridan Estates subdivision. described within the Notice of Completion executed by said San Dieguito Water District, do hereby certify that I have read the same and know the contents thereof and that the facts therein stated are true to the best of my own knowledge. I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct. I make this verification for and on behalf of the San Dieguito Water District. Date p' STATE OF CALIFORNIA) ) ss County of San Diego) L (?-e--, Annp-7-% 0 Deborah Cervone, Board Clerk On this-,2 ~ day of ~U(nei , 200_~ , 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 Board Clerk of the San Dieguito Water District, and acknowledged to me that she executed it in behalf of the San Dieguito Water District pursuant to its by-laws or a resolution of the Board. WITNESS my hand and official seal. Notary Public CU1MAA A. IMGHAM Comeh" N 146054 N01M hOo - CaMWft 6og0Mpo CaMMy *C0 Mn., 00110. SAN DIEGUITO WATER DISTRICT 505 S. VULCAN AVENUE (760) 633-2650 ENCINITAS, CALIFORNIA 92024-3633 FAX (760) 633-2879 w.~ July 25, 2007 o... 1l2'~ ~01 Arch Insurance Company 135 N. Los Robles Avenue Pasadena, California 91101 Re: Release of Subdivision Bond No. SU 5005792 Held for Security for Water Improvements for a Subdivision Developed by California Cove at Encinitas, LLC, Agreement No. A-0069. To Whom It May Concern: Water improvements constructed by California Cove at Encinitas, LLC for a project located along Sheridan Road have been completed to the satisfaction of the San Dieguito Water District. Therefore, the District has determined that Subdivision Bond No. SU 5005792 in the amount of $28,500.00 may be released at this time. If you have any questions, please call me at (760)633-2849. Sincerely, Bill O'Donnell Senior Engineer Enclosure och recycled paper a ~I ARC h INSURANCE COMPANY FIRST TERM PREMIUM FULLY EARNED Bond Number : SU 5005792 Premium (Two Years) : $570.00 SUBDIVISION BOND FAITHFUL PERFORMANCE KNOW ALL MEN BY THESE PRESENTS: That, California Cove at Encinitas LLC, as Principal, and the ARCH INSURANCE COMPANY, a corporation organized and existing under the laws of the State of MISSOURI and authorized to transact surety business in the State of California as Surety, are held and firmly bound unto San Diezuito Water District, as Obligee, in the sum of _Twenty Eight Thousand Five Hundred and No/100ths DOLLARS ($28,500.00), for which the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators, successors, and assigns, jointly and severally, firmly by these presents. THE Condition of the foregoing obligation is such that, whereas the above bounden Principal has entered into a contract/agreement, dated February, 2004, with the Obligee to do and perform the following work; to wit: Water Improvements NOW, THEREFORE, if the above bounden Principal shall well and truly perform the work contracted to be performed under said contract, then this obligation shall be void; otherwise to remain in full force and effect. SIGNED, SEALED, DATED: CL-n . ~frMft ipal) By B Lws' Q, 0 9(2--f I I Arch Insurance Company (Surety) David A. Eliassen, Attorney In Fact DIRECT CORRESPONDENCE TO: ARCH INSURANCE COMPANY, 135 N. LOS ROBLES AVE., PASADENA, CA 91101 PHONE (626) 535-0855 • FAX (626) 535-0875 Subdivision Performance Rnnd dnt When Recorded Mail To: ) ) District Clerk ) San Dieguito Water District ) 505 South. Vulcan Ave. ) Encinitas, CA 92024 ) For the Benefit of the District T HE Ot71C=IPJAL OF TH! : DCC_ OML=N 1 JA , PLCORDED ON .iOL P 2G(77 LC)CUMF: N T NUMBER 2Ut?7- i I r H,Cd -J MITN OOU ,I i ( L E(::C)RD' F~ 1fJ ) C C:<.._t c ; 1rJ i Y F_cC r r)F=F ICt TIME 3 OQ PM NOTICE OF COMPLETION Assessor's Parcel Nos. 216-063-56 to 63 Agreement No. A-0069 1. California Cove at Encinitas, LLC entered into a lien covenant for the benefit of the San Dieguito Water District. The "Lien Covenant Regarding Real Property: Improvements Required as Condition on Final Approval of Subdivision of Real Property", was recorded with the County Recorder of the County of San Diego as Document No.2004-0101764 on February 9, 2004. The Covenant detailed the requirements for the construction and installation of an 8-inch water main, 4-inch water main, 1 new fire hydrant, and new services and appurtenances, within the subdivision known as Sheridan Estates in the City of Encinitas. 2. Said Covenant, including the plans and specifications for said improvements, is on file in the Office of the Clerk of the Board of Directors. 3. Said improvements were completed by the owners and accepted by the San Dieguito Water District Board of Directors on the 27th day of June, 2007. 4. Subdivision Bond No. SU 5005792 from ARCH Insurance Company in the amount of $28,500.00 may be released at this time. The District will retain Cash in the amount of $9,500.00, which shall be released at the end of the one-year warranty period. 5. All requirements of said Agreement have hereby been satisfied except for warranty. 6. Neither acceptance of said improvements by the Board of Directors nor this Notice constitute a waiver of any defects in the work of the construction or installation of said improvements. SAN DIEGUITO WATER DISTRICT -7 L 7 07-- - 4- Lawrence A. Watt General Manager VERIFICATION OF BOARD CLERK I, the undersigned, say: I am the Board Clerk of the San Dieguito Water District; the Board of Directors of said District on June 27, 2007, accepted the above described work as completed and ordered that a Notice of Completion be filed. I declare under penalty of perjury that the forgoing is true and correct. Executed on June 27, 2007, at Encinitas, California. SAN DIEGUITO WATER DISTRICT Deborah Cervone Board Clerk I, Deborah Cervone, Clerk of the San Dieguito Water District, a political subdivision of the City of Encinitas, County of San Diego, State of California, which is the owner of the public work by California Cove at Encinitas, LLC, for property known as Sheridan Estates subdivision. described within the Notice of Completion executed by said San Dieguito Water District, do hereby certify that I have read the same and know the contents thereof and that the facts therein stated are true to the best of my own knowledge. I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct. I make this verification for and on behalf of the San Dieguito Water District. Date: C) C) STATE OF CALIFORNIA) ) ss County of San Diego) 'L L_'~ -'9' Cce 1', Deborah Cervone, Board Clerk On this A day of e-,, , 20 p_f 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 Board Clerk of the San Dieguito Water District, and acknowledged to me that she executed it in behalf of the San Dieguito Water District pursuant to its by-laws or a resolution of the Board. WITNESS my hand and official seal. CLAM A, MCMM Conw*" N 1446M "*my hAft - CaMamb tan bP County MvCon~.e~oa~a Notary Public