32225 G5 Enterprises OBR & Released BondsOUTSTANDING BOND REPORT
Tract Number: 32225
Development: Santerra
Developer/Owner: G5 Enterprises, Inc.
Bond Company: Developers Surety and Indemnity,
17780 Fitch, Suite 200
Irvine, CA 92614
Outstanding / Released Bonds:
Bond Type Bond No. Amount: Date Replaced or Released
Grading 726443S $79,494 Released 01/24/2008
Fugitive Dust
Control (PM 10) 726444S $12,000 Released 06/23/2016
Performance
726928S
726929S
$512,305
$1,286,156
$164,773 rider
Replaced w/ warranty 02/17/2009
Replaced w/ rider 08/14/2009
Released 10/23/2012
Labor & Material 726928S $509,665 Released 06/22/2009
Warranty 726928S $38,611 Released 08/03/2011
M
BOND NO. 726444S
PREMIUM $240..00/2 YEAR TERM
FAITHFUL PERFORMANCE BOND
(LQMC 6.16)
Fugitive Dust Control Bond
WHEREAS, the City of La Quinta, California, is prepared to authorize
VILLA SIENNA, LLC , as Principal, to proceed with certain construction activities
pursuant to one, or more permits issued by the City, for various infrastructure improvements and/or
structures on, or associated with, privately -awned property generally known to the City and others as
SANTERRA ;and
WHEREAS, all such construction and demolition activities must be performed in such
manner as to conform with La Quinta Municipal Code, Chaper 6.16, entitled Fugitive Dust Control to
reduce fugitive dust and corresponding PM10 emissions; and
WHEREAS, said Principal is required by LQMC 6.16.050(A)(4) to ensure that Fugitive
Dust Control Plan # 0601'1 , prepared specifically for the subject construction site, is financially
secure by furnishing security for the faithful performance of the dust control activitities required in the
Fugitive Dust Mitigation Plan.
NOW, therefore, we the Principal and DEVELOPERS SURETY AND INDEMNITY COMPANY
as Surety, are held and firmly bound unto the City of La Quinta, as Obligee, in the penal
sum of TWELVE THOUSAND & 0O/100
Dollars ($ 12, 000.00 )lawful money of the United States, for the payment of which sum well and truly
to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally,
firmly by these presents.
The condition of this obligation is such that if the above bonded Principal, his or its heirs, executors,
administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep
and perform the covenants, conditions and provisions in the said dust control plan and any alteration
thereof made as therein provided, on his or their part, to be kept and performed at the time and in the
manner therein specified, and in all respects according to their true intent and meaning, and shall
indemnify and save harmless the Obligee, its officers, agents and employees, as therein stipulated, then
this obligation shall become null and void; otherwise, it shall be and remain in full force and effect.
As a part of the obligaton secured hereby and in addition to the face amount specified therefor, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred
by the Obligee in successfully enforcing such obligation, all to be taxed as costs and included in any
judgement rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the
terms of the dust control plan or to the work to be performed thereunder or the specifications
accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive
notice of any such change, extension of time, alteration or addition to the terms of the dust control plan or
to the work, the specifications, or the conditions of approval of said plan.
Page 1 of 2
F211
TWY1 4 4 QdA *0
MEMORANDUM
To: Susan Maysels, City Clerk
From: Ed Wimmer, P.E., Development Services Principal Engineer
Via: it ❑thy R,. Jonasson, P.E., Public Works Director / City E ineer
Date: October 23, 2012
Re: Release of Performance Security
Tract Map No. 32225, Santerra, On -Site Improvements
Please release the following on -site Performance security held in your files for the
above referenced tract. The on -site improvements were accepted by City Council
on September 18, 2012.
The security amount and the address to the surety company are as follows:
TRACT No. 32225
Type of Bond Bond No. I Performance Amount
Performance 726929S ; $164,773 (reduced amount)
Developer: Mr. Robert Stewart
G5 Enterprises, Inc.
9434 Tea Tree Lane
San Diego, CA 92127
Surety Company: Insco Insurance Services, Inc.
3517 Camino Del Rio, South
Suite 200
San Diego, CA 92108
Attn: Leslie Hahn
cc: Project File I, Tract Map No. 32225
Amy Yu, Assistant Engineer II
TATracts_Parcel Maps_SP\30000-39999\32225\internal correspondence\Release of Performance onsite TM 32225.doc
Tw�p °F4Q"
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: d Wimmer, Development Services Principal Engineer/
Via: Aimothy R. Jonasson, Public Works Director / City Engineer
Date: February 4, 2009
Re: Release of Performance Security and Retain Warranty Security for
Tract Map No. 32225, Santerra, Off -Site Improvements
Please retain the attached Warranty security and release the following off -site
Performance security held in your files for the above referenced tract. The off -site
improvements were accepted by City Council on February 3, 2009.
The security amounts and the address to the surety company are as follows:
TRACT No. 32225
Type of Bond
Bond No.
Performance Amount
Performance
726928S
$512,305
Warranty
726928S
$38,611
Developer: Mr. Greg La Marca
G5 Enterprises, Inc.
2210 Encinitas Blvd., Suite S
Encinitas, CA 92024
Surety Company: Developers Surety and Indemnity Company
17780 Fitch, Suite 200
Irvine, CA 92614
cc: Project File I, Tract Map No. 32225
Amy Yu, Assistant Engineer II
TATracts_Parcel Maps_SP\30000-39999\32225\internal correspondence\Release of Performance & Retain,Warranty memo offsite
TM 32225.doc
BOND NO. 726928S
PREMIUM $10,246.00/2 YEAR TERM
SUBDIVISION IMPROVEMENTS
OFF —SITE IMPROVEMENTS
Tract Map No. 32225
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT, the City Council of the City of La Quinta has approved the final map for Tract Map
No. 32225 , prior to installation of certain designated public improvements required by the
Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code
Section 66462) ty
WHEREAS, the SEC Council the City of La Quinta, State of California, and
hereinafter designated as ("principal")
have entered into an agreement whereby principal agrees to install and complete certain designated public
improvements, which said agreement, dated , 200 , and identified as
Tract Map No. 32225 , is hereby referred to and made a part hereof; and
WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the
faithful performance of said agreement.
NOW, THEREFORE, we, the principal and DEVELOPERS SURETY AND INDEMNITY COMPN
as surety, are held and firV bound Lnto the Cit�yy f La QQ inta h reinafter called ("City"), in the penal sum
of FIVE HUNDRED TWELVE THOUSAND THREQE HUN%REIYOLLARS($512,305.00 )lawful
money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our
heirs, successors, executors and administrators, jointly and severally, firmly by these presents.
*FIVE & 00/100
The condition of this obligation is such that if the above bounded principal, his or its heirs, executors,
administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and
perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as
therein provided, on his or their part, to be kept and performed at the time and in the manner therein
specified, and in all respects according to their true intent and meaning, and shall indemnify and save
harmless the City, its officers, agents and employees, as therein stipulated, then this obligation shall become
null and void; otherwise it shall be and remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified therefor, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred
by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment
rendered.
T-i'lt 4 P QuIRZ
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
�i
From: E Wimmer, Development Services Principal Engineer '
Via: Nixothy R. Jonasson, P.E., Public Works Director /City Engineer
Date: August 3, 2011
Subject: Release of Warranty Security for Tract Map No. 32225,
Santerra, Off -Site Improvements
Please release the following warranty security held in your files for the above
referenced tract. The improvements were accepted by City Council on
February 3, 2009.
The warranty amount and the address to the developer and surety company
are as follows:
TRACT No. 32225
Warranty Bond No. Warranty Amount
726928S $38,611
Developer: Mr. Robert Stewart
G5 Enterprises, Inc.
9434 Tea Tree Lane
San Diego, CA 92127
Surety Company: Developers Surety and Indemnity Company
17780 Fitch, Suite 200
Irvine, CA 92614
Cc: Project File I, Tract Map No. 32225
T:\Tracts_Parcel Maps_SP\30000-39999\32225\internal correspondence\Release of Warranty Security memo offsite TM
32225.doc
r a
Titit 4 P Qumro
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal Engineer
Via: WMothy R. Jonasson, P.E., Public Works Director / City Engineer
Date: August 11, 2009
Re: Reduction Bond Riders to Performance Security for Santerra, Tract
Map No. 32225, due to Completed On -Site Improvements
Please attach the reduction bond riders to the existing Performance security bonds
for TM 32225, on -site improvements. Please find enclosed the reduction bond
riders (reduced amounts) which will secure the completion of the remaining
improvements. A copy of Developers Surety and Indemnity Company profile from
the Department of Insurance website is attached.
The amounts and addresses to the developer and the surety company are as
follows:
TRACT No. 32225
Bond Number
Performance
1 st Reduced Performance
2nd Reduced
SecuritV
Security
Performance Amount
726929S
$1,286,157
$507,468
$164,773
Developer: Greg La Marca
G5 Enterprises, Inc.
2210 Encinitas Blvd., Suite S
Encinitas, CA 92024
Surety Company: Insco Insurance Services, Inc.
3517 Camino Del Rio, South
Suite 200
San Diego, CA 92108
Attn: Leslie Hahn
Cc: Project File I, Tract Map No. 32225
Amy Yu, Assistant Engineer II
TATracts_Parcel Maps_SP\30000-39999\32225\internal correspondence\2nd Bond Reduction Rider memo TM 32225.doc
r-
BOND NO. 726929S
PREMIUM $25,723.00/2 YEAR TERM
SUBDIVISION IMPROVEMENTS
ON —SITE IMPROVEMENTS
Tract Map No. 32225
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT, the City Council of the City of La Quinta has approved the final map for Tract Map
No. 32225 , prior to installation of certain designated public improvements required by the
Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code
Section 66462)
WHEREAS, the City Council of the City of La Quinta, State of California, and
G5 ENTERPRISES, INC. hereinafter designated as ("principal")
have entered into an agreement whereby principal agrees to install and complete certain designated public
improvements, which said agreement, dated , 200 , and identified as
Tract Map No. 32225 , is hereby referred to and made a part hereof; and
WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the
faithful performance of said agreement.
NOW, THEREFORE, we, the principal and DEVELOPERS SURETY AND INDEMNITY COMPANY
as surety, are held and firmly bound unto the City of La Quinta hereinafter called ("City"), in the penal sum
of ONE MILLION TWO HUNDRED EIGHTY SIX * DOLLARS($1,286,156.00 )lawful
money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our
heirs, successors, executors and administrators,1'ointly and severally, firmly by these presents.
*THOUSAND ONE HUNDRED FIFTY SIX & 10/y00
The condition of this obligation is such that if the above bounded principal, his or its heirs, executors,
administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and
perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as
therein provided, on his or their part, to be kept and performed at the time and in the manner therein
specified, and in all respects according to their true intent and meaning, and shall indemnify and save
harmless the City, its officers, agents and employees, as therein stipulated, then this obligation shall become
null and void; otherwise it shall be and remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified therefor, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred
by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment
rendered.
F201 - Performance Bond Page 1 of 2
J
BOND NO. 726443S
PREMIUM $1,590.00/2 YEAR TERM
FAITHFUL PERFORMANCE BOND
(LQMC 8.02.01& CBC 3311)
Grading Bond
WHEREAS, the City of La Quinta, California, is prepared to issue Encroachment Permit
# 51 ?,yin accordant thh tthe La puinto MMu icipal Code, and the California Building Code which is
adopted by reference, to �� LA SIENNA, LL� , as Principal,
whereby Principal will be authorized to perform certain grading improvements identified in the permit, and
as further detailed on the grading plans referenced therein, to privately -owned property generally known
to the City and others as SANTERRA ; and
WHEREAS, Said Principal is required under the terms of the permit to furnish a bond for
the faithful performance of the grading work in accordance with the approved plans, specifications, and
permit requirements; or, if the work is abandoned (not completed as required), Principal shall correct or
eliminate any hazardous conditions that may exist.
NOW, therefore, we the Principal and DEVELOPERS R Y AND INDEMNITY COMPANY
as Surety, are held and firmly bound unto the City of La Quinta, as Obligee, in the penal
sum of SEVENTY NINE THOUSAND FOUR HUNDRED NINETY FOUR & 00/100
Dollars ($ 79,494. 00 lawful money of the United States, for the payment of which sum well and truly to
be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally,
firmly by these presents.
The condition of this obligation is such that if the above bonded Principal, his or its heirs, executors,
administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep
and perform the covenants, conditions and provisions in the said permit and any alteration thereof made
as therein provided, on his or their part, to be kept and performed at the time and in the manner therein
specified, and in all respects according to their true intent and meaning, and shall indemnify and save
harmless the Obligee, its officers, agents and employees, as therein stipulated, then this obligation shall
become null and void; otherwise, it shall be and remain in full force and effect.
As a part of the obligaton secured hereby and in addition to the face amount specified therefor, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred
by the Obligee in successfully enforcing such obligation, all to be taxed as costs and included in any
judgement rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the
terms of the permit or to the work to be performed thereunder or the specifications accompanying the
same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such
change, extension of time, alteration or addition to the terms of the permit or to the work or to the
specifications.
F21N
Page 1 of 2
07— do[
CASH DEPOSIT STATU
DIN:32225 Project Location:Santerra / Tract 32225; La Quinta, CA
Develoner:VILLA SIENNA LLC, 9434 TEA TREE LANE, SAN DIEG _
❑CASH SECURITY - DESCRIPTION OF OBLIGATION PROMPTING DEPOSIT
®Dust control; ❑As -built plans; ❑Removal of temporary improvements
Other
®CASH PAYMENT - DESCRIPTION OF OBLIGATION PROMPTING DEPOSIT
FOR CASH DEPOSIT OF PM10 FOR THE SANTERRA PROJECT
DATE
DEPOSIT
DEBIT
BALANCE
Amount
Receipt#
7/17/06
$4,000.00
$4,000.00
pn,
COMMENTS SEE ENCROACHMENT PERMIT FOR PS NO. 5124 ROUGH GRADING IMPROVEMENTS.
* Cash deposits placed In Cityadministered bustattoums are typically received for two basic reasons: 1) CASH SECURITY -to provide a source of funds for the City
to draw upon if the City incurscosts satisfying obliga8ons of the developer, or 2) CASH PAYMENT- to provide a source of funding for improvements, property, or
services to be acquired, or administered, by the City at the developers expense. The City will release the fund balance when fhe developer's oblgabons that
prompted the cash deposit are fully satisfied. The release function is initiated via the Request/Demand for Release of Cash Deposit (Form F058)
n LA D
VILLA SIENNA, LLC. ieJM 1060
9434 TEA TREE LANE
SAN DIEGO, CA 92127 �t /
1 t ` Ci W 9a-4260/1122
PAY r /� �} DATE w
TO THE
ORDER OF
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Recording Requested By and
When Recorded Mail to:
City of La Quinta
Public Works Department
P.O. Box 1504
La Quinta, CA 92247
CERTIFICATE OF CORRECTION
(MONUMENT SUBSTITUTION)
1, Philbert A. Tidwell, Jr, certify that 1 am a Licensed Land Surveyor of the State of California, that Tract No.
32225 was prepared by me, Philbert A. Tidwell, Jr, PLS 8024, and is filed in Book 419, Pages 5-8 , of Maps,
records of Riverside County, and that the following correction to said map are made by me in accordance with
Chapter 3, Article 7, Section 66469 thru Section 66472 of the Subdivision Map Act. I hereby certify that a
survey was Il,crformcd by me or under my direction on July 27, 2008 whl:h vcrihe,l the ii fi fmation contained
on said map. Monument descriptions are corrected as follows.
Incorrect Data
SHEET 2 OF 4 SHEETS
LEGEND
NOTES Indicates Copperweld Monument, Stamped L.S. 8024
4. All lot corners will be monumented by a''/," x I8' iron pipe
Willi plastic plug marked L.S. 8024 (unless otherwise noted)
Corrected Data
SHEET 2 OF 4 SI Bih: fS
_EGEND
A Indicates Copperweld Monument, Stamped L.S. 8024 or'/" x 18" iron
pipe with plastic plug stamped L.S. 8024
VOTES
4. All lot corners will be monumented by a '/a" x 18" iron pipe
with plastic plug marked L.S. 8024 or nail and tag stamped L.S. 8024
set along the extension of the lot line in top of wall (unless otherwise noted)
here are no fee Property owners affected b tl s orr
rC1112
Philbert A. Tidwell, Jr PLS 8024Dated: July 28, 2008
CITY ENGINEER'S CERTIFICATE
'his Certificate of Correction has been examined by the undersigned and discloses that the changes are
uthorized by and comply with Government Code Section 66469 of the Subdivision Map Act.
h 1I lit !� tale: � I2
uothy R.Jo son, P.E.
Public Works Director/City Engineer
RCE 45843 EXP 12/31/08