24197-5 Monticello 02CITY OF LA QUINTA
SUBDIVISION IMPROVEMENT AGREEMENT
Tract 24197-5
THIS SUBDIVISION IMPROVEMENT AGREEMENT (the "Agreement") is made and entered into this
19th day of February , 20 02 ,
by and between Monticello, LLC, a California Limited Liability Company hereinafter referred to as "Subdivider," and
the City of La Quinta, a municipal corporation of the State of California, hereinafter referred to as "City."
A. Subdivider has prepared and filed a final map or parcel map (the "Map") of a unit of land in the City of La
Quinta, County of Riverside, which unit of land is known as Tract No. 24197-5 (the "Tract") pursuant to the
provisions of Section 66410, et sec. of the California Government Code (the "Subdivision Map Act").
B. Prior to approval of the Map, Subdivider is required to install or agree to install certain public and private
improvements (the "Improvements").
C. The Improvements have not been installed and accepted at this time.
D. It is therefore necessary that Subdivider and City enter into an agreement for the installation of the
Improvements as provided in Section 66462 of the Subdivision Map Act.
NOW, THEREFORE, it is agreed by and between the parties hereto as follows:
1. Improvement Plans. Prior to submittal of the Map for approval by the City Council, Subdivider shall furnish
original improvement plans meeting the requirements of the City Engineer.
2. Improvements. Subdivider shall construct the public and private street, drainage, utility, landscaping, and
other improvements required to be constructed or agreed to be constructed under this Agreement as listed in
Exhibit "A," and shall bear the full cost thereof. The methods, standards, specifications, sequence, and scheduling
of construction shall be as approved by the City Engineer.
i N1• • -11-1
A. One class of security to be provided by Subdivider, hereinafter referred to as "performance security,"
shall assure the faithful performance of this Agreement including construction of the Improvements, payment of
Subdivider's fair share of Improvements which have been or will be constructed by others ("Participatory
Improvements"), and payment of plan check and permit fees. A second class of security to be provided by
Subdivider, hereinafter referred to as "payment security," shall assure the payment of the cost of labor, equipment
and materials supplied to construct the Improvements. A third class of security to be provided by Subdivider,
hereinafter referred to as "warranty security," shall serve as a guarantee and warranty of the Improvements for a
period of one year following the completion and acceptance of the Improvements. Subdivider shall furnish
performance and payment security prior to and as a condition of City Council approval of the Map. Subdivider shall
provide warranty security after Improvements are complete and accepted by the City Council and prior to or
concurrently with the final release of performance security. Warranty security shall not be required for
Monumentation or Participatory Improvements. However, the City may utilize Monumentation Security for
performance of or payment for the work in accordance with the Subdivision Map Act.
As part of the obligation secured by each of the performance security, payment security and warranty
security, and in addition to the face amount of each such security, each such security shall include and assure the
payment of costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in
successfully enforcing the obligations thereby secured.
B. Improvement security shall conform with Section 66499 of the California Government Code and one
or more of the following:
1) A cash deposit with City or a responsible escrow agent or trust company, at City's option.
2) Surety bonds, of the form specified in subsection 66499.2 of the California Government Code,
issued by a surety or sureties listed in the U.S. Department of Treasury Circular 570 (latest version).
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3) Certificates of deposit, in City's name, from one or more financial institutions subject to regulation
by the state or federal government and having a financial quality rating of "A" or better and a commitment reliability
rating of "R-2" or better on the Investment Data Exchange (of the Los Angeles County Treasurer's office).
4) Irrevocable letters of credit, issued by one or more financial institutions meeting the requirements
of Paragraph (3), pledging that the funds necessary to carry out the completion of the Improvements are on deposit,
guaranteed for payment, and constitute a trust fund which is not subject to levy or attachment by any creditor of
the depositor until released by City. Letters of credit shall guarantee that all or any portion of the funds available
pursuant to the letters of credit will be paid upon the written demand of City and that such written demand need not
present documentation of any type as a condition of payment, including proof of loss. The duration of any such
letter of credit shall be for a period of not less than one year from the execution of the agreement with which it is
provided and shall state, on its face, that the letter of credit will be automatically renewed until such time that City
authorizes its expiration or until sixty (60) days after City receives notice from the financial institution of intent to
allow expiration of the letter of credit.
5) A lien upon the subdivided property, if City finds that it would not be in the public interest to
require the installation of the Improvements sooner than two (2) years after recordation of the final map or parcel
map for which the Improvements are required. The lien shall provide a collateral value of three (3) times the
estimated cost of the Improvements and shall include the power of sale of the real property, all buildings and
improvements thereon, or that may be erected upon or made thereto, together with all hereditaments and
appurtenances there unto belonging, or in any wise appertaining, and the reservations, remainders, rents, issues,
and profits thereof. The collateral value of the property shall be established at Subdivider's expense through an
appraisal approved by City.
6) An instrument of credit from an agency of the state, federal or local government, when any
agency of the state, federal, or local government provides at least Twenty Percent (20%) of the financing for the
Improvements.
7) When Subdivider is a nonprofit organization, security may be negotiable bonds, of the kind
approved for securing deposits of public moneys with City or in favor of City, as specified in Section 16430 of the
California Government Code, deposited, at City's option, with City or a responsible escrow agent or trust company.
C. All securities shall be furnished in accordance with the provisions of Exhibit A. The amount of the
performance security shall equal One Hundred Percent (100%) of the estimated cost of constructing the
Improvements, including payment of plan check and permit fees, as estimated by the City Engineer or a duly
authorized representative of the City Engineer. The amount of Payment security shall equal the amount of the
amount of performance security, except as otherwise set forth in Exhibit A, and shall be furnished as a separate
security. Warranty security shall equal Ten Percent (10%) of the amount of performance security except as
otherwise set forth in Exhibit A.
D. At the time of submittal of security, Subdivider shall pay to City administrative fees applicable to the
form of security provided. Administrative fees shall apply to the subdivision (final map, parcel map or waiver of
parcel map) rather than to individual security instruments. The fees shall be paid separately for each different form
and/or source (surety or financial institution) of security initially submitted and for substitution of securities but shall
not be required for submittal of warranty security if the warranty security is of the same form and from the same
source as the performance security it replaces. Administrative fees for security shall be as follows:
1) For certificates of deposit, bonds and letters of credit as described in Paragraphs 2), 3) and 4)
of SECTION 3.13. , which require the establishment of evidence of the reliability of the surety or financial institution,
the administrative fee shall be One Hundred Fifty Dollars ($150.00).
2) For liens on real property as described in Paragraph 5) of SECTION 3.13. , for which City will
prepare lien agreements and subordination agreements, administer valuation of the real property and administer
the agreements over the life of the lien, all of which require legal assistance and financial advice, Subdivider shall
pay to City an administration fee of One Half of One Percent (0.5%) of the estimated cost of the improvements
secured but not less than Five Hundred Dollars ($500.00) nor more than Five Thousand Dollars ($5,000.00).
3) For other forms of security listed in Section 3 B, above, there will be no administrative fee.
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E. Participatory Improvements, if any, are identified in Exhibit A. Security for Participatory Improvements
shall remain in place until the Participatory Improvements are constructed and actual costs are known and paid
by Subdivider, or until Subdivider pays to City the estimated cost of the Participatory Improvements, and shall
guarantee the reimbursement by Subdivider of Subdivider's share of the cost of the Participatory Improvements.
Payment security and warranty security shall not be required for Participatory Improvements.
Upon written demand from City, Subdivider shall deposit cash with City in lieu of or in replacement of security
guaranteeing Participatory Improvements. If Subdivider fails to deposit said cash within 30 days of the date of the
written demand from City, City may present a written demand to Subdivider's Surety for payment of said cash and
Subdivider's Surety shall pay to City the lesser of: 1) the amount demanded, or 2) the amount of the security.
F. Security shall not expire, be reduced or become wholly or partially invalid for any reason, including
nonpayment of premiums, modifications of this Agreement and/or expiration of the time for performance stated in
this Agreement, without express authorization from City unless the surety provides City with sixty (60) days written
notice by registered or certified mail, return receipt requested.
G. Security shall be released in the following manner:
1) Performance security shall be released upon the final completion and acceptance or approval,
by the City Council of the Improvements subject to the provisions of paragraph B.
2) The City Engineer may authorize partial reduction of performance security as work progresses,
upon application by Subdivider. However, no such reduction shall be for an amount less than Ten Percent (10%)
of the total performance security provided for the faithful performance of the actor work. In no event shall security
be reduced below that required to guarantee the completion of the act or work or obligation secured, plus Ten
Percent (10%). The City Engineer shall not allow more than two partial reductions of security furnished for any
improvement agreement.
3) Participatory Improvement security shall be released upon payment by Subdivider of
Subdivider's share of the cost or estimated cost of the Participatory Improvements.
4) If City receives no notice of recorded claims of lien, labor and materials security shall be
released in full 90 days after final acceptance and/or approval by the City Council, of the Improvements. If City
receives notice of any recorded lien, the provisions of the Subdivision Map Act shall apply.
5) Warranty security not utilized during the warranty period shall be released one year after final
acceptance or approval by the City Council of all Tract Improvements. However, if at the end of the one-year
warranty period, there are one or more outstanding requests by City for performance of work or provision of
materials under the terms of the warranty, warranty security shall be retained until the outstanding requests are
satisfied or until Subdivider has made other arrangements satisfactory to the City Engineer.
4. Permits Required. Prior to commencing any phase of work, Subdivider shall obtain all permits required
for that phase of work and pay all required fees. Work performed under a permit or permits shall comply with all
provisions of the required permits.
5. Off -site Improvements. When the construction of one or more of the Improvements requires or
necessitates the acquisition of real property not owned by Subdivider or City, Subdivider shall use its best efforts
purchase such real property at a reasonable price. In the event that Subdivider is unsuccessful, despite its best
efforts, to acquire such real property at a reasonable price, Subdivider may request in writing that City attempt to
acquire such real property. City may, but is not required to, agree to attempt to acquire such real property on behalf
of Subdivider. If City so agrees, City and Subdivider shall enter a separate written agreement in a form acceptable
to the City Attorney. Said separate agreement shall provide that Subdivider advance to City One Hundred Fifty
Percent (150%) of the appraised fair market value of the real property. Any unexpended portion of said advance
shall be refunded to Subdivider. Any additional funds required for acquisition of the real property shall be paid by
Subdivider to City upon the conveyance of said real property to Subdivider. In no event shall the failure of
Subdivider or City to acquire such real property excuse, waive, or otherwise terminate Subdivider's obligation to
construct the applicable improvement pursuant to this Agreement or the Conditions of Approval.
6. (completion of Improvements. Subdivider shall begin construction of the Improvements within ninety (90)
days and shalt complete construction within twelve (12) months after the approval of this Agreement. Portions of
the Improvements may be completed at a later date, as determined by the City Engineer or as set forth in Exhibit
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A. Failure by Subdivider to begin or complete construction of the Improvements within the specified time periods
shall constitute cause for City, in its sole discretion and when it deems necessary, to declare Subdivider in default
of this agreement, to revise improvement security requirements as necessary to ensure completion of the
improvements, and/or to require modifications in the standards or sequencing of the Improvements in response to
changes in standards or conditions affecting or affected by the Improvements. Said failure shall not otherwise affect
the validity of this agreement or Subdivider's obligations hereunder.
7. Force Maieure. In the event that Subdivider is unable to perform within the time limits herein due to
strikes, act of God, or other events beyond Subdivider's control, the time limits for obligations affected by such
events will be extended by the period of such events.
8. Time Extension. Subdivider may make application in writing to the City Council for an extension of time
for completion of the Improvements. The City Council, in its sole and absolute discretion, may approve or deny
the request or conditionally approve the extension with additions or revisions to the terms and conditions of this
Agreement.
As a condition of the time extension, Subdivider shall furnish securities, similar in form and substance to those
required in SECTION 3 herein above, to cover the period of extension. The value of the securities shall be
sufficient to ensure the performance of and payment for Improvements that remain incomplete at the time of the
extension, and to provide warranty security on completed Improvements.
9. Survey Monuments. Before final approval of street improvements, Subdivider shall place survey
monuments in accordance with the provisions of Sections 66495, et sec. of the Subdivision Map Act and of the La
Quinta Municipal Code. Subdivider shall provide the City Engineer written proof that the monuments have been
set, evidence of payment and receipt thereof by the engineer or surveyor setting the monuments, and intersection
monument tie -outs for monuments set in public streets.
10. Final Acceptance of Improvements. At the completion of construction and prior to acceptance of the
Improvements by City, Subdivider shall submit a request for final approval by City. The request shall be
accompanied by any required certifications from Subdivider's engineers or surveyors, approval letters from other
agencies having jurisdiction over and approval authority for improvements required by this Agreement or the
Conditions of Approval, and any required construction quality documentation not previously submitted.
Upon receipt of said request, the City Engineer or a duly -authorized representative will review the required
documentation and will inspect the Improvements. If the Improvements are determined to be in accordance with
applicable City standards and specifications, and as provided herein, obligations required by the Conditions of
Approval and this Agreement have been satisfied, and Subdivider has provided revised plans as required in
Paragraph 11, hereinafter, the City Engineer shall recommend acceptance of the Improvements by the City Council.
11. Revisions to Plans. When the Improvements have been inspected and approved by the City Engineer,
Subdivider shall make any necessary revisions to the original plans held by City so the plans depict the actual
Improvements constructed. When necessary revisions have been made, each separate sheet of the plans shall
be clearly marked with the words "As -Built," "As -Constructed," or "Record Drawing," the marking shall be stamped
by an engineer or surveyor, as appropriate for the improvements thereon, who is licensed to practice in California,
and the plans shall be resubmitted to the City Engineer.
12. Improvement Warranty. Subdivider hereby guarantees the Improvements to City for a period of one (1)
year, beginning on the date of final acceptance of the Improvements by the City Council, against any defective work
or labor done, or defective materials furnished, and shall repair or replace such defective work or materials.
13. Release of Security. City shall retain and release securities in accordance with the provisions of Section
3 of this agreement. Prior to the release of payment security, the City Engineer may require Subdivider to provide
a title report or other evidence sufficient to show claims of lien, if any, that may affect the amount of payment
security released.
14. City Right to Cure. If Subdivider fails to perform any obligation hereunder and such obligation has not
been performed within sixty (60) days after written notice of default from City, then City may perform the obligation,
and Subdivider shall pay the entire cost of such performance by City including costs of suit and reasonable
attorney's fees incurred by City in enforcing such obligation. In cases of an emergency or compelling public
interest, as determined by the City Engineer, the requirement for written notice of default and/or the passage of sixty
(60) days shall be deemed waived and all other provisions of this Article shall remain in effect.
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15. Indemnification. Subdivider hereby binds itself, its officers, employees, agents, representatives, executors,
administrators, guarantors, heirs, and assigns, and agrees to indemnify, defend and hold City and its officers,
employees, agents, representatives, and assigns harmless from and against any losses, claims, demands, actions,
or causes of action of any nature whatsoever, arising out of or in any way connected with Subdivider's performance
herein under, including costs of suit and reasonable attorneys' fees.
16. No Mortification of Conditions. This Agreement shall in no respect act to modify or amend any provision
of the Conditions of Approval. In the event that any requirement or condition of this Agreement is inconsistent with
or fails to include one or more provisions of the Conditions of Approval, which document(s) is (are) incorporated
herein by reference, the provisions in the Conditions of Approval shall remain in effect and shall control.
17. Severability. In the event that any provision or provisions of this Agreement are held unenforceable, all
provisions not so held shall remain in full force and effect.
A. All notices pursuant to this Agreement shall be in writing and shall be personally delivered or sent
by registered or certified mail, return receipt requested, to the parties at their respective addresses indicated
hereon. Notices personally delivered shall be effective upon delivery. Notices mailed as provided herein and sent
postage prepaid shall be effective upon the date of delivery or refusal indicated on the return receipt. Either party
may change its address for notices hereunder by notice to the other given in the manner provided in this
subparagraph.
B. The terms, conditions, covenants, and agreements set forth herein shall apply to and bind the heirs,
executors, administrators, assigns, and successors of the parties hereto.
C. Neither party to this Agreement relies upon any warranty or representation not contained in this
Agreement.
D. This Agreement shall be governed by and interpreted with respect to the laws of the State of
California.
E. In the event of any dispute between the parties with respect to this Agreement, the prevailing party
shall be entitled to prompt payment of its reasonable attorneys' fees from the non -prevailing party.
F. Any failure or delay by either party in asserting any of its rights and remedies as to any default shall
not operate as a waiver of any default or of any such rights or remedies provided for hereunder.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written
above.
CITY:
omas P. Genovese, City Manager
ATTEST:
Date
City of La Quinta
78-495 Calle Tampico
La Quinta, CA 92253
760/777-7075
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SUBDIVIDER:
By:
Titl Gary Weintraub
Vice President
f//' i(NA
Title: Tony P. �SciVi a, Assistant Secretary
Reviewed and Approv(
Approved as to Form:
Monticello LLC, A California
Limited Liability Co. By Century
Crowell Communities, LP, A
California Limited Partnership,
Managing Member,
By: Century Homes Communities
a California Corporation, its General
Partner
(909)381-6007
February 19, 2002
Date
February 19, 2002
Date
3 /3 I
Date
DZq."
Date
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Exhibit A
SECURITY - TRACT 24197-5
Except as otherwise provided herein, Subdivider shall furnish performance security and labor & materials security
prior to agendization of the Map for approval by the City Council.
Improvements designated as "Participatory" have been or will be constructed by others. Security for Participatory
Improvements shall remain in place indefinitely until called upon or released by City.
Monumentation security shall guarantee performance of or payment for the work and shall be utilized or released
as specified in Chapter 4, Article 9 of the Subdivision Map Act.
The "Engineering & Plans" security will be released when the City has possession of complete, approved, original
plans, signed and sealed by a design professional(s), for all required improvements. The "No -Plan Contingency,"
which may be utilized for any listed item or for other cost found necessary in the design or construction of the
required improvements, may be released in whole or part by the City Engineer, at any time after construction plans
are complete and the scope and nature of improvements are fully known. These releases shall be separate from
and in addition to the reductions discussed below.
As elements of the work are completed, Subdivider may request a maximum of two partial releases of performance
security. Partial releases shall be for not less than ten percent (10%) of the total performance security for the tract
and shall not reduce total performance security below the amount necessary to complete the Improvements plus
ten percent (10%) of the original amount. Partial releases of performance security will be evaluated and may be
granted, in whole or in part, by the City Engineer. Requests for partial releases, setting forth in detail the amount
of work completed and the value thereof, shall be made in writing to the City Engineer.
Labor & materials security shall remain in place until 90 days after all required tract improvements are complete
and accepted by the City Council.
Improvement Description
Grading
Performance
304,025
Labor & Materials
304,025
Streets
111,850
111,850
Domestic Water
153,400
153,400
Sanitary Sewer
61,500
61,500
Dry Utilities
57,600
57,600
Perimeter Wall
60,000
60,000
Monumentation
10,000
— 0
Construction Subtotal:
$758,375
$748,375
Engineering & Plans (20% of Construction)
$151,675
No -Plans Contingency (25% of Project)
$227,513
Total:
$1,137,563
NOTICE OF SPECIAL MEETING OF THE BOARD OF DIRECTORS
OF CENTURY HOMES COMMUNITIES, A CALIFORNIA CORPORATION
On January 8, 2002, at 10:00 a.m., a Special Meeting of the Board of Directors of Century Homes Communities was held
at the Corporation's office at 1535 So. "D" Street, San Bernardino, California:
SIGNING AUTHORIZATION: RATIFICATION OF PRIOR ACTS
WHEREAS, the Corporation is the general partner of Century Crowell Communities, L.P., a
California limited partnership ("Century Crowell");
WHEREAS, Century Crowell was formed for the purpose of acquiring land and developing same
with single family homes;
WHEREAS, the Corporation has determined that it is in the best interests of Century Crowell that
ownership in each Century Crowell project ("Project") be vested in a limited liability company or limited partnership
("Project Entity');
WHEREAS, primary responsibility for management of the Projects has been delegated to the
corporation's Project Managers, who are Kenny Felkel, Marty Butler, Rod Grinberg and Dave Cooper.
RESOLVED, that in connection with the development of any Project, any Project Manager (or
Gary Weintraub as Vice President or Assistant Secretary) is authorized to sign on behalf of the Corporation, as general
partner of Century Crowell, acting in its capacity as Manager or General Partner of any Project Entity, and as general
contractor to the Projects, any and all documents in connection with plan checks, permits, entitlements, and all other
documents relating to city, county, water district and other governmental agency actions respecting the Projects.
RESOLVED, that in connection with the development of any Project, either Gary Weintraub, as
Vice President, or David J. Miller, as Assistant Secretary, signing alone or, if required, either Gary Weintraub, David J.
Miller, together or individually together with any Project Director are authorized to sign on behalf of the Corporation, as
General Partner of Century Crowell, acting in its capacity as . Manager or General Partner of any Project Entity, surety
bonds, and all documents relating to same, in connection with the Projects.
RESOLVED, that Dennis Harrison, Tony P. Scimia, or David J. Miller are authorized to sign on
behalf of the Corporation, as general partner of Century Crowell, acting in its capacity as Manager or General Partner of
any Project Entity and as general contractor to the Projects, all documents as required for the issuance of the DRE Public
Report for the Projects.
RESOLVED, that copies of these Minutes may be provided to any person or public agency
requiring evidence of authorization. ALL SUCH PERSONS OR PUBLIC AGENCIES ARE HEREBY PUT ON
NOTICE THAT ALL AUTHORIZED SIGNATORIES HEREUNDER ARE SIGNING ONLY IN THE
CAPACITIES SET FORTH HEREIN AND ARE NOT INDIVIDUALLY OR PERSONALLY LIABLE FOR ANY
DEBTS OR OBLIGATIONS OF THE CORPORATION, CENTURY CROWELL OR ANY PROJECT ENTITY.
All Directors were present and unanimously consented to the above.
DATE: January 8, 2002
UpaVnintrteskorporat\0 1080 1 Am
CALIFORNIA
ALL-PURPOSE ACKNOWLEDGEMENT
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN BERNARD/NO )
On this 19th day of February, 2002 before me, Christy Jean Williams, Notary Public,
personally appeared Gary Weintraub and Tony P. Scimia, personally known to me, to be
the persons whose names are subscribed to the within instrument and acknowledged to
me that they executed the same in their authorized capacities, and that by their
signatures on the instrument the persons or the entity upon behalf of which the persons
acted, executed the instrument.
this area for official Notarial Seal
W TNESS my hand and official seal.
s `
Signature-0 N ry Public
44MyCarrmB#=F1eb11.2M51
CHRISTY JEAN WILLIAMi
Commission # 1293M
Notary Public - Callfarrft
ZSon Bernardino County
DOCUMENT TYPE
SUBDIVISION IMPROVEMENT AGREEMENT
MONTICELLO - TRACT 24197-5
(6 PAGES)
Gulf Insurance Group I
Affwwwarcm °" Bond No.: BE 2619 614
By:
By:
By:
By:
Initial Premium: $3, 648.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Grading
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, A California limited liability company
, as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
city of La Ouinta
as Obligee, in the sum of Three Hundred Four Thousand twenty -Five Dollars 00/ 100----
--------<$ 304 , 025.00-----) Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WBEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. 24197-5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5, 2=200 2
Monticello LwC, a California
1i ired. liability company Gulf Insuran m
Century C�re-oell Communities, L.P., p
a Califoprnia 1-imited partnership BY:
"tS1,.4,4naging Meu*)er
Cefiti'ry-,'-H6zie-e'_Cammunities, yle L. Sandlin , Attorney -in -Fact
a California corporation 1 West "A", Suite 1805
Its: Gen1-10�rai i a tner an Diego, CA 92101
ry
Gulf Insuunce Group' j ` Bond No: BE 2619 614
"r°'"'""" Premium Included
In Performance Bond.
By:
By:
By:
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Grading
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, A California limited company
as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum of Three Hundred Four Thousand Twenty -Five Dollars 00/ 100-----
------ ($ 304, 025.00----) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
TIH CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. 2419 7-5
as required be the Government Code of California.
NOW TiffiREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and -filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
fumishing labor or materials to them for the iinprovement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5, 2002.
Monticello LLC, a California
limited liability company Gulf Insura e m
Century Crowell Communities, L.P.,
a California limited partnership By: 2
Its: Managing Member
Century HpmeB Communities,
a California corporation - le L. ��Sandlin , Attorney -in -Fact
West A Suite 1805
Its: General Part '
an Diego, CA 92101
c' 11 b
By:
David.,-:J. Mil r, Ass is tant,,Erecretary
Gulf humane G�u�
""—"hNdaO""' Bond No.: B E 2 619 615
Initial Premium: $ 1, 342.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Streets
KNOW ALL PEOPLE BY THESE PRESENTS:
That We, Monticello LLC, A California limited liability company
as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the Sum of One Hundred Eleven Thousand Eight Hundred Fifty Dollars
- ($ 111. 850, 00---- Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. 2 419 7 - 5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW T11EREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, _the seat -and -signature of said Principal is hereto affixed and -the
corporate seal and the -name of the said Surety is hereto affixed and attested -by -its duly authorized
Attorney -in -Fact on March 5 , $00:, 2002
Monticello LLC, a California
limited liability company
By: Century Crcwell Communities, L. P.Gulf InSuran In fl
a California :limited partnership �y'
Its Managing Member '
By: Century Home' Communities le L. Sandlin , Attorney -in -Fact
a California corporation West "A", Suite 1805
Its: General Partner Ian Diego, CA 92101
By:
ary intraub Vice Preside t
By:
David J. M'lle ss stant ecretary
Gulf Insurance Group' I ` Bond No: BE 2 619 615
Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Streets
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, A California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum of One Hundred Eleven Thousand Eight Hundred Fifty Dollars 00/ 100
_($111, 8 5 0.0 0 - - ---) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
TEM CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. 24197-5 or
as required be the Government Code of Califomia.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on March 5. ,Y2()Qt2002
Monticeilo I.LC, a California
11-mted liability company
By: Century, t�rowell Communities, L.P. , Gulf Insura"m'
a California limited partnership By:
Its: Managing Member '
By: Century dome Communities a L. Sandlin , Attorney -in -Fact
a California corporation 0 West "A" Suite 1805
Its: General Partner '
SXan Diego, CA 92101
By:
G ry 'ntraub, Vice Preside t
By:
David J. r, Ass stan Secretary
GO Inurancec
Amwiitwd. Bond No.: B E 2 619 616
Initial Premium: $1, 841. 00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Domestic Water
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, A California limited liability compan
.as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of One Hundred Fifty Three Thousand Four Hundred Dollars 00/ 100
-------($ 153, 400.00---1 Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tractl Parcel) Map No. 2 419 7 - 5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW TREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
_._-IN WITNESS WHEREOF, the seal and signature -of -said --Principal is hereto affixed and the
corporate -seal -and the -name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5. .12 0 0 2
Monticello LLC, a California
limited liability company Gulf Ins 0
y
By: Century Crowell Communities, L.P.,
a California limited partnership By'
its: Managing Member '
By: Century Home Communities fDiego,
L. Sand in , Attorney -in -Fact
a California corporation est "A", Suite 1805
Its: General Partner CA 92101
By. _
ry # ra Vice tdent
By:
David J. Mi Assis nt Secretary
Gulfinsurance Gro � Bond No: BE2619 616
""'""�►°'"'""' Premium Included
In Performance Bond.
By:
By:
By:
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Domestic Water
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, A California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Ouinta as
Obligee, in the sum of One Hundred Fifty Three Thousand Four Hundred Dollars00/100
-----(� 15 3 , 400.00----Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated an
('Tract/ Parcel) Map No. 2 419 7 - 5
as required be the Government Code of Califoamia.
NOW RE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond
This bond- is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5 ,2M. 2002
Monticello LLC, a California
limited liability company Gulf Insu Co
Century Crcwell Communities, L.P.,
a Callf arnia lipi ted .partnership By:
Its: Managing Member .
Century Home Communities a L. Sandl
a California corporation - ,Attorney-in-Hacht
West "A" Suite 1805
yts: General Partner '
an Diego, CA 92101
ry yfiSntrau/bl, Vice re nt
By . — —
David J. M , Askistaxt Secretary
Gulf Insurance Group
Anw.d "d`ft" Bond No.: BE2 619 617
Initial Premium: $ 738.00 ,
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Sanitary Sewer
KNOW ALL PEOPLE BY THESE PRESENTS:
That we. Monticello LLC, A California limited liability company
as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Sixty One Thousand Five Hundred Dollars 00/ 100----------
------- ($61,500.00------1 Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WEEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. 24197-5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
---_._-- ------- IN WITNESS WHEREOF, the seal- and -signature- of. said Principal -is hereto affixed and the -. -- ----
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5, ,2QQ1. 2 0 0 2
Monticello LLC, .a California
limited liability company Gulf Insuran p
By: Century Crowell Communities, L.P. , By:
/
a California limited partnership
Its-.*, Managing Member `
L
By: Century Home Communities y Sandlin , Attorney -in -Fact
a California corporation est "A", Suite 1805
its: General Partner Diego, CA 92101
By: _
Ga IkMriuli, Vice Pr en
By: v
David J. Assis,t,dnt Secretary
Gultlnsurance Grou'pI `` Bond No: BE2 619 617
Affmnh"d`I - Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Sanitary Sewer
KNOW ALL MEN BY THESE PRESENTS:
Thatwe,Monticello LLC, A California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum of sixty One Thousand Five Hundred bollars 00/100-------------
-----(� 61, 500.00----- Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. 2419 7-5
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on March 5 x 2 00 2
Monticello LLC, a Calitornia '
limited liability company
By: Century Crowell Communities, L.P.,
a California limited partnership
Its Managing Member
By: Century Home Communities
a California corporation
Its: General Partner
By:
G ry W gtra—u7bice- t
By:
David J. Mil Assi tan ecretary
Gulf
By:
/I #' \ �G 0-
L. Sandlin , Attorney -in -Fact
k10 West "A", Suite 1805
San Diego, CA 92101
Guff W=nCe �1.
Ainin6ia1c"'"' Bond No.: BE 2619 618
Initial Premium: $ 6 91.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Dry Utilities
KNOW ALL PEOPLE BY THESE PRESENTS:
Thatwe, Monticello LLC, A California limited liability company
,as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Ouinta
as Obligee, in the sum Of Fifty Seven Thousand Six Hundred Dollars 00/100--------
-------($ 57, 600.00-----J Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally fumly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WiffiREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tractf Parcel) Map No. 2 419 7 - 5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF,_the-sea>_andsignature of said Principal -is hereto affixed -and -the..__
corporate seal and the name of the said Surety is hereto -affixed and attested by its duly authorized
Attorney -in -Fact on March 5, 11 1, 2002
Monticello LLC, a California
limited liability company Gulf Insuran pa
By: Century Crowell Communities,L.P.,
a California limited partnership By:
Its: Managing Member
By: Century Home Communities Sandlin , Attorney -in -Fact
a California corporation 1 est "A", Suite 1805
Its: General Partner Diego, CA 92101
By:
Gar eaub, V' a Presiders
By:
David J. Miller ssistan Secretary
Asla
CuliinsurinceGroup' Bond No: BE2619618
Premium Included
In Performance Bond.
By:
By:
By:
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
Dry Utilities
KNOW ALL MEN BY THESE PRESENTS:
Thatwe, Monticello LLC, A California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto
City of La Quinta as
Obligee, in the sum ofFifty Seven Thousand Six Hundred Dollars 00/100--
----- ($ 5 7 , 600.00 ----- ) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. 2 419 7 - 5
as required be the Government Code of California.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply withSection 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on Ma rrh 5 . 2002
Monticello LLC, a California
limited liability company Gulf Insuran
Century Crowell Communities, L.P.,
a California limited partnership By:
Its: Managing Member
Century Home, Communities a L. Sandlin
Attorney-in-Facta California corporation ,
0 West A�� Suite 1805
Its: General __Var. trier '
" San Diego, CA 92101
t.rau.b,,Tice Presi&et�t
By:
David J. Mill , Assi tant ecretary
Gulf kwiranae
" c"" Bond No.: BE2619 619
Initial Premium: $720.00
By:
By
By:
By:
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Perimeter Wall
KNOW ALL PEOPLE BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
,as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Sixty Thousand Dollars 00/ 100-----------------------------
-------- ($ 609000 0 00------j Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDIrMN OF THE OBLIGATION IS SUCH THAT:
WMtEAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ Parcel) Map No. 2419 7-5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, -the -seal and signature of said Principal is hereto -affixed -.and -the
corporate seal and the name of the -said -Surety is hereto affixed and attested by its duly authorized -
Attorney -in -Fact on March 5, ;2002.
Monticello LLC, a California Gulf Insurance
limited liability company
Century Crowell Communities, L.P.,,By:
a California limited partnership
Itg: Managing Member
Century Homes Communities, 1 IJA
a California corporation a�
Its: General Partner �--� /
5
. Sandlin"
est "A", Suite 1805
iego, CA 92101
, Attorney -in -Fact
By.
By:
By:
flnsurance Group`Bond No: BE 2619619
AMWrAwd`A1N°" Premium Included
In Performance Bond.
SUBDIVISION IMPROVEMENTS
LABOR AND MATERIAL BOND
.-Perimeter Wail
KNOW ALL MEN BY THESE PRESENTS:
That we, Monticello LLC, a California limited liability company
, as
Principal, and Gulf Insurance Company, a corporation organized and doing business under and by
virtue of the laws of the State of Missouri and duly licensed to conduct a general surety business
in the State of California as Surety, are held and firmly bound unto City of La quinta
as
Obligee, in the sum of Sixty Thousand Dollars 00/100 -----------------------------
----- ($ 60, 000.00------) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, has entered into an agreement or agreements which are
made a part of this bond, with the Obligee for the improvements in the subdivision designated as
(Tract/ Parcel) Map No. 2419 7 -5
as required be the Government Code of California_
NOW THEREFORE, the condition of this obligation is such, that if the above Principal fails to
make payment to any contractor, his subcontractors, or to persons renting equipment or
furnishing labor and materials to them for the improvement required by said agreement or
agreements, the Surety on this bond will pay the same, in an amount not exceeding the sum
specified in this bond.
This bond is executed and filed to comply with Section 66499 through and including Section
66499.10 of the Government Code of California as improvement security, and shall inure to the
benefit of any and all contractors, their subcontractors and persons renting equipment or
furnishing labor or materials to them for the improvement. Notice of extension of time for
completion is waived by the Surety.
IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the
corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized
Attomey-in-Fact on March 5. ,40M 2002
Monticello LLC, a California
limited liability company Gulf Insuran p
Century Crowell Commuinites, L.P.,
a Caliornia limited partnership By:
Its: Managing Member
Century Homes Communities, a L. Sandlin
Attorney -in -Fact
a California corporation 0 West "A" Suite 1805
Its: General Partner San Diego, CA 92101
Gary/We aub, V 4e President
By:
David J. miiier, A& isthz _Se,6retary
Ad
Gulf hwA ance GmUP Jam•
Bond No.: BE2619620
Initial Premium: $ 120.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Monumentation
KNOW ALL PEOPLE BY THESE PRESENTS:
That We, Monticello LLC, a California limited liability company
as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sure of Ten Thousand Dollars 00/100 -------------------------------
------- ($10, 000.00----- ) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally firmly by these presents.
TIDE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of Tact/ Parcel) No. 2 419-7 - 5
(T Map
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW I REIFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS!-V_HEREOF, -the seal and signature of said Principal -is hereto -affixed and the
corporate seal and the name of -the said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact on March 5 , VOW 2002
Monticello LLC, a California
limited liability company Gulf Ins CO
By: Century Crowell Communities, L.P. y
a California limited partnership $By'
Its: Managing Member '
By: Century Homes Communi t e s I-r. San in , Attomey-in Fact
a California corporation West "A", Suite 1805
Its: General Partner San Diego, CA 92101
By:
Gar ei z ub,,� ice Presi n
By:
David J. M'l1 ssistant ecretary
calf kwAance 22:�
""""�'Bond No.: BE2619621
Initial Premium: $1, 8 2 0.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND
Engineering & Plans (20$ of Construction)
KNOW AU PEOPLE BY THESE PRESENTS:
Thgtwe. Monticello LLC, a California limited liability company
,as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
Citv of La Quinta
as Obligee, in the sum of One Hundred Fif ty One Thousand Six Hundred Seventy Five
00/100-1$ 151, 6 7 5.00---- Dollars, for which payment, well and truly to be made, we bind
ourselves; our heirs, executors and successors, jointly and severally firmly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tract/ parcel) Map No. 2419 7 -5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITESS. WHEREOF, the seal and signature of said_Principal--i&&reto affixed and the
corporate seal and the name -of the said Surety is hereto axed and attested by its duly authorized
Attorney -in -Fact on March 5, 22M 2 00 2
Monticello LLC, a California
limited liability company Gulf Insuran pa
By: Century Crowell Communities, L.P.,
a California limited partnership By:
Its: Managing Member
By: Century Domes Communities Lyl Sandlin Attorney -in -Fact
a California corporation est "A", Suite 1805
Its: General Partner Diego, CA 92101
G ry ntraub, V e Presi ent
By: _------
David J. Mi ler, � istan Secretary
Guts Insurance Group`
Anw*"d" rft" Bond No.: BE2 619 6 2 2
Initial Premium: $ 2, 7 30.00
Subject to Renewal.
SUBDIVISION IMPROVEMENTS
PERFORMANCE BOND.
No -Plans Contingency(25% of Project)
KNOW ALL PEOPLE BY THESE PRESENTS:
Thgtwe, Monticello LLC, a California limited liability company
,as
Principal, and Gulf Insurance Company, as Surety, are held and firmly bound unto
City of La Quinta
as Obligee, in the sum of Two Hundred Twenty Seven Thousand Five Hundred Thirteen
0 0 / 10 6 - i$ 2 2 7 , 513.0 0-----) Dollars, for which payment, well and truly to be made, we bind
ourselves, our heirs, executors and successors, jointly and severally fumly by these presents.
THE CONDITION OF THE OBLIGATION IS SUCH THAT:
VVEEREAS, the above named Principal, as a condition of the filing of the final subdivision map
of (Tracy Parcel) Map No. 2 419 7 - 5
entered into an agreement or agreements with said Obligee to complete the improvements
specified in said agreement or agreements.
NOW THEREFORE, the condition of this obligation is such, that if the above Principal shall
well and truly perform said agreement or agreements during the original term thereof or of any
extension of said term that may be granted by the Obligee with or without notice to the Surety,
this obligation shall be void, otherwise it shall remain in full force and effect.
IN WITNESS WHEREOF, the seal and signature of .said -Principal is hereto affixed and the
corporate seal- and the name of the said Surety is hereto affixed and attested by -its duly authorized
Attorney -in -Fact on March 5, x2ppc 2002
Monticello LLC, a California
limited liability comparny Gulf InsuranC ompan
By: Century Crowell Communities, L.P.,
a California limited partnership By'
Its: Managing Member '
By: Century Homes Communities We L. Sandlin , Attorney -in -Fact
a California corporation Awwest "A", Suite 1805
Its: General Partner an Diego, CA 92101
By:
By:
ry VX�Atragb, Vice Pres
David J. M' sistant,,6ecretary
OUTSTANDING BOND REPORT
Name: Monticello LLC (Century Homes)
Tract No. 24197-5
Date of Contract: February 19, 2002
Required Bond Amounts:
Grading
Streets
Water
Sewer
Dry Utilities
Perimeter Wall
Monumentation
Eng. & Plans
No -Plans Contingency
Dates of Bond Reductions:
Outstanding Bonds:
Amount:
$304,025 (P)
$304,025 (L&M)
$111,850 (P)
$111,850 (L&M)
$153,400 (P)
$153,400 (L&M)
$ 61,500 (P)
$ 61,500 (L&M)
$ 57,600 (P)
$ 57,600 (L&M)
$ 60,000 (P)
$ 60,000 (L&M)
$ 10,000 (P)
$151,675 (P)
$ 227,513 (P)
$304,025
$111,850
$153,400
$ 61,500
$ 57,600
$ 60,000
$ 10,000
$151,675
$227,513
Bond No.
BE2619614
same
BE2619615
same
BE2619616
same
BE2619617
same
BE2619618
same
BE2619619
same
BE2619620
BE2619621
BE2619622
performance & labor
same
same
same
same
same
performance only
performance only
performance only
Date Cancelled/Released:
Recording Request by
And
When Recorded Mail to:
City of La Quinta
P. O. Box 1504
La Quinta, CA 92247-1504
Attn: Public Works
DOC # 2009-0532864
10/15/2009 08:00A Fee:NC
Page 1 of 2
Recorded in Official Records
County of Riverside
Larry W. Ward
Assessor, County Clerk 8 Recorder
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426
PCOR
NCOR SMF
NCHG EXAM
UNI D�;L
T: CTY
CERTIFICATE OF CORRECTION
I, J. J. Soneji, certify that I am a Registered Civil Engineer of the State of 062
California.
That a survey was prepared under my supervision and direction in Tract Map
24197-5. That said Tract Map was filed on March 19, 2002 in Book 316 of Maps
at Pages 56-59 in the Office of the Recorder of Riverside County, California.
CORRECTION ON SHEETS 2 AND 4
The spelling of the street named HENNINGS WAY is incorrect. The correct
spelling of the street name is HEMINGS WAY.
The present fee Owners of the Property are not affected by the correction. '
No. 24069 ; M
Q EXP I2I3�IC9 r.,;
9-Z8-o9
J.J. b0n,ji Date sq� crnl
4069 EXP. 12/31/09
City Engineer's Certificate
This Certificate of Correction has been examined by the undersigned and
discloses that the changes are authorized by and comply with Government Code
Section 66469 of the Subdivision Map Act.
Date: /0 ?e 09
T' othy R. J Hass P.E.
ublic Work Dire /City Engineer
R.C.E. 45843 EXP 12/31/10
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California 1
Countyof �lt`R Svdi J}
personally appeared
who proved to me on the basis of satisfactory evidence to
be the person(o whose name(e) isLasersubscribed to the
- — -- within instrument and acknowledged —to me that
he/,RheAhey executed the same in his/herA4eirauthorized
capacity(ieb", and that by his/her/theft signature(ayon the
instrument the person(a) or the entity upon behalf of
which the person.W acted, executed the instrument.
LISA READ
QMYCOrri
Commission#1650678Notary Public - California
Riverside Coun
Explres Mar 11. 2010
Place Notary Seal Above
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph is
true and correct.
WITNESS my hand andofficial seal.
Signature___( L/+!'
Signature of Not&ry Public
OPTIONAL
Though the information below is not required by law, it may prove valuable to persons relying on the document
and could prevent fraudulent removal and reattachment of this form to another document.
Description of Attached Document
Title or Type of Document:
Document Date:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name:
❑ Individual
❑ Corporate Officer —Title(s):
❑ Partner —❑ Limited ❑ General
❑ Attorney in Fact
❑ Trustee Top of thumb here
❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
Number of Pages:
Signer's Nat
❑ Individual
❑ Corporate Officer — Title(s): _
❑ Partner — ❑ Limited ❑ General
❑ Attorney in Fact
❑ Trustee
❑ Guardian or Conservator
❑ Other:
Signer Is Representing
RIGHTTHUMBPRINT
OF SIGNER
0
02007 National Notary Association, 9350 De Soto Ave., PO. Box 2402•Chatsworth, CA 91313-2402• www NattonalNotmyom Item#5907 Reorder: Call Toll -Free 1-800-81