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23995-6 Century Crowell Communities- OBR & Released BondsOUTSTANDING BOND REPORT Tract Number: 23995-6 Development: Del Rey Developer/Owner: Century Crowell Communities Bond Company: Fidelity and Deposit Company of Maryland, 3910 Keswick Road Baltimore, MD 21211 Attn: Theodore Martinez Outstanding / Released Bonds: Bond Type Bond No. Amount: Date Replaced or Released Performance 08084317 08084318 08084319 08084320 08084321 $63,750 $284,385 $56,096 $83,638 $63,725 Labor & Material 08084317 08084318 08084319 08084320 08084321 $63,750 $284,385 $56,096 $83,638 $63,725 Released 02/13/2003 Released 02/13/2003 Released 02/13/2003 Released 02/13/2003 Released 02/13/2003 Monumentation 08084322 $5,500 Released 02/13/2003 T4tvl 4 sCP 091AS MEMORANDUM TO: June Greek, City Clerk FROM: John Freeland, Senior Engineer VIA: 6qmothy Jonasson, Public Works Director DATE: February 12, 2003 SUBJECT: Tract 23995-6 - Sienna Del Rey Pursuant to Chapter 13.28.050 of the Municipal Code, the following Performance Security reductions were approved by the City Council on September 17, 2002. Please release the original Performance Security when the reduced warranty security amount shown in Attachment 2 of the staff report has been received (see attached). The Payment Security was approved to be released December 16, 2002, and may be released at this time. P.O. Box 1504 78-495 CALLE TAMPICO LA QUINTA, CALIFORNIA 92253 February 13, 2003 Ms. Doris Benoit, Secretary of Operations Century Crowell Communities 1535 "D" Street, Suite 200 San Bernardino, CA. 92408 Re: Tract 23995-6 Dear Ms. Benoit: (760) 7 7 7 - 7 0 0 0 FAX (760) 777-7101 Pursuant to City Council approval of acceptance of improvements on September 17, 2002, the performance bonds for Tract 23995-6 may be released upon receipt of a warranty bond in the amount of $55,161 . The following labor/materials bonds and monumentation bond were also approved for release as of December 16, 2002, and are hereby enclosed: Labor/Materials Bond No. 08084317 in the amount of $63,750 Labor/Materials Bond No. 08084318 in the amount of $284,385 Labor/Materials Bond No. 08084320 in the amount of $83,638 Labor/Materials Bond No. 08084319 in the amount of $56,096 Labor/Materials Bond No. 08084321 in the amount of $63,725 Monumentation Bond No. 08084322 in the amount of $5,500 If you have any questions, please feel free to contact me. Sincerely, June S. Greek, City Clerk City of La Quinta cc: Fidelity and Deposit Company of Maryland Raoul Martinez, Assistant Engineer Tract File 23995-6 Bond No48O!:317.. Premium: (Included) Fidelity and Deposit Company HOME OFFICE OF MARYLAND BALTIMORE, MD. 21203 Subdivision Labor and Material Bond KNOW ALL MEN BY THESE PRESENTS, That WHEREAS, Qea-tury...CxrQwell--C mnunitiea,..Ltd_------------------------------------------------------------------------------------ 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 ------- Febxu=_25............................. . 19-_ 99....-, and identified as project ....._` ract_.-No,... ---------------------------------------------- Gradlng---------.......---------------........---------------............------.........--------...........-----------..................... -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - is hereby referred to and made a part hereof; and WHEREAS, Under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the C1ty Of La-U1I1ta___ - - _ to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the .___.._--- City Of_L3unta------------------------------------------------------- and all contractors, subcontracts, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of ..Sixth__Thr'.ee... Thausmad..Sevesl-Eundz�_-d...Elity-..and. No./la0ths...__-------. ----------------------------------------------------------------Dollars ($63 `�-�0.._Q4 , , for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by C1.ty-__of...La..Quinta......................................... in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations and this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on ----------- x'ch._1.,..................... 19.99..... Century Crowell Communities, Ltd. By: Century Homes Communities Inc. ---Its --- Gene-r-=al---Panne-P-- ------ --- ------------- By: _... ----------------------------- ............. G i rajub, ASecretor, FIDELIT A P IT CO Y F ARYLAND� By: ---- . - --- -- - ----------------- - - L e . S dlin, A torney In Fact C 2266(CA)-1M, 1-82 214610 Bond No.4-aQB4318. Premium: (Included) Fidelity and Deposit Company HOME OFFICE OF MARYLAND BALTIMORE, MD. 2I203 Subdivision Labor and Material Bond KNOW ALL MEN BY THESE PRESENTS, That WHEREAS, Century_ Crowell Comunit es.,. Ltd--------------------------------------------------------------------------------- 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 Febxuary.--25,------------------------------- - 19.9.9 ....... andidentified as project ..Tmot... NQ,..-2,3995-6----------------------------------------------------------------------------------------------------------------- --------------------------------------------Streets---and__ Storm------------ -Draina-e----------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- is hereby referred to and made a part hereof; and WHEREAS, Under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the ..C1ty..of...L,a..Quinta................................................................... to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the .......... ..............City.. Qf..-La.-�U:Lta ............................................... and all contractors, subcontracts, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Two Hundred Eighty_ Four' Thousand Three Hundred Ei�ty Five and No, ----------------------------------------------------------- ---- ---------------------------------------------------------------------------------------------------------------------------------------------------------- Dollars ($.284,385-.-W for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by---C1tY--Qf...Lea...QlMitra....................................... in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations and this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on -------March ..1-,------------------------- 19.9.9._... Century Crowell Communities, Ltd. By: Century Homes Communities, Inc. --- lts --- General --- Pa:r-tner ----------- ---------------- By: ---- --- --- .... ... ---- --------------------- Ga n u _, A -Is, Secretary FIDELIT D 4SIT �}?A ARYLAND By. . Sandlin, Attorney in Fact '100ths. C 2266(CA)-1M, 1-82 214610 Bond No.aQ$4319.... Premium: (Included) Fidelity a n Deposit C om anp Y HOME OFFICE OF MARYLAND BALTIMORE, MD. 2I203 Subdivision Labor and Material Bond KNOW ALL MEN BY THESE PRESENTS, That WHEREAS, .-------CentuxY-- Criawell...Corrar=i-tiez,- Lt4---------------------------------------------------------------------------- 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 Eebrl=y..25---------------------------------- - 1999......... and identified as project --------.` ract--- No.---2-3995-6----------------------------------------------------------------------------------------------------------- Sewer ...............................................--------- ..... -------...........- -- --- ......... -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- is hereby referred to and made a part hereof; and WHEREAS, Under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the ------ City --- of -la-.Quinta................................................................ to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the .......... ---------- City___Of__La.___Quinta.--------------------------------------------------- and all contractors, subcontracts, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of .lfifty..Six_.t1aQuaaad_-Niaty..3ix--and -,N.QZIQQtx1S_._----.-----.----------------- -------------------------------------------------------- Dollars ($56 ?0;�6_.Aq ---------------------------------------------------------------------------------------------------------------------------------------------------------- for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by The ... City ... Of_La,__QLLC1i_ta,.------------------------------- in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations and this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on ......Mar , 19-99..... Century Crowell Communities, Ltd. e By: Century Homes Communities, Inc. ..Its-..General..Partnev Vic .................... By.... .......__<. --------------- -e~ u A si�san;'Secretar FIDELITX A-NDX,F , SIT C By: -----------�`------' = - ----------------- le L. Sandlin, Attorney in Fact C 2266(CA)-IM, 1.82 214610 Bond No.08084320 Premiwn:(Included) Fidelity and Deposit Company HOME OFFICE OF MARYLAND BALTIMORE, MD. 2I203 Subdivision Labor and Material Bond KNOW ALL MEN BY THESE PRESENTS, That WHEREAS, Century--- -------------- - ---Crowell Communities, Ltd. 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 February. 254 ............................... . 19-99....... and identified as project ------- Trazt. No-.--.2-39_9L5�6------------------------------------------------------------------------------------------------------------ -----------------------------------------------Domestic-. Water------------...........----------------------.....---------------......-----------------------..................... -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- is hereby referred to and made a part hereof; and WHEREAS, Under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the _ Cit-y___ of La._Q_ lidt3------------------------------------------------------------------- to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the .......... ---- Q;Uy --- Qf--I.a..Quinta......................................................... and all contractors, subcontracts, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of ..Eighty..Three -_ Thousand_ Six ..Hundr'ed. Thirty --- Fight-- and --- No-/.100ths-------- --------------------------------------------------------------- Dollars (1.3,63a.-00), ---------------------------------------------------------------------------------------------------------------------------------------------------------- for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred b)The-..City...of__L3.Quinta--------------------------------- in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations and this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on March__l, Century Crowell Communities, Ltd. 19.E �.._.. By: Century Homes Communities, Inc. Lts-_ General... Par_tne----------- -_._ ------------ By: _----- ----------------- --- -- ---- - -- - --- ---- Gar i tr u ista-nt Secretar FIDELITY EPOSIT M AN '0 MARYLAND \t By:, C 2266(CA)-1M, 1-82 214610 /,yle L . Sandlin, Attorney in Fact Bond No..QBQB.43a Premium: (Included) Fidelity and Deposit Company HOME OFFICE OF MARYLAND BALTIMORE, MD. 2I203 Subdivision Labor and Material Bond KNOW ALL MEN BY THESE PRESENTS, That WHEREAS,.---.GelltllrY-.CrQ-Iell-_C0rfU==ties,..Lir_1_.............................................................................. 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.February --- 2-5------------------------------- - 19_ 99------, and identified as project ----------------- Tract ... a.--2 6_ ----------------------------------------------------------- Electra..ca1---------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- is hereby referred to and made a part hereof; and WHEREAS, Under the terms of said agreement, principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the -_ to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the---------- ___City__Off__ -------------------------------------------------------- and all contractors, subcontracts, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of _UXty_._Tbree__-TliQ sand..aeven..Hundread._`I'we Ltd_-Five..and..Na/1Q0.tths...---- ---------------------------------------------------------------dollars (i63r725»J10), ------------------------- - for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by .Tile -..City ..of-.1a..-Quinta .............................. in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgement therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations and this bond, and it does hereby waive notice of any such change, extension, alteration or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on March__l_,__________________________, 19_.g9.._. Century Crowell Communities, Ltd. By: Century Homes Communities, Inc. -lts--General --- Par; - a -......:--------------------------- By:....--- . --- ...... .- ............ Gar r b ' s'si ta'nt Secretary FIDELIT A S MP N MARYLAND By: .. ------ -------------------------------- C 2266(CA)-1M, 1.82 214610 yle L . Sandlin, Attorney in Fact