31874-2 Taylor Woodrow Homes - OBR & Released BondsOUTSTANDING BOND REPORT
Tract Number: 31874-2
Development: Carmela
Developer/Owner: Taylor Woodrow Homes
Bond Company: Travelers Casualty and Surety Company of America
100 California Street
San Francisco, CA 94111
Attn: Susan Hecker
Outstanding / Released Bonds:
Bond Type Bond No. Amount: Date Replaced or Released
Performance 104610949 $1,146,303 Replaced w/ warranty 11/2/2010
Labor & Material 104610949 $1,136,649 Released 7/27/2011
Maintenance ASB-516255 $86,110 Released 2/13/2012
Warranty ASB-516255 $86,110 Released 2/13/2012
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MEMORANDUM
To: Susan Maysels, Interim City Clerk
From: d Wimmer, Development Services Principal Engineer
Via: N Timothy R. Jonasson, P.E., Public Works Director / ,ty Engineer
Date: February 8, 2012
Subject: Release of Warranty Security for On -Site Improvements
Tract Map No. 31874-2, Carmela
Please release the following warranty security held in your files for the above
referenced tract. The on -site improvements were accepted by City Council
on October 19, 2010.
The warranty amount and the address to the developer and surety company
are as follows:
TRACT No. 31874-2
Warranty Bond No. Warranty Amount
AS B-516255 $86,110
Developer; Mr. John Pedalino
Carmela Lots, LP
78401 Highway 1 1 1, Suite X
La Quinta, CA 92253
Surety Company: American Safety Casualty Insurance Company
909 S. Meridian Ave., Suite 700
Oklahoma City, OK 73108
Cc: Project File I, Tract Map No. 31874-2
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P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
2/13/2012
Mr. John Pedalino
Carmela Lots, LP
78-401 Highway 1 1 1, Suite X
La Quinta, CA 92253
Re: Tract Map 31874-2
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office hereby
releases Bond Number ASB-516255 in the amount of $ 86,1 10.00
If you have any questions, please call me at (760) 777-7002.
Sincerely,
Susan Maysels, Inter, City Clerk
City of La Quinta
cc: Tim Jonasson, Public Works Director/City Engineer
American Safety Casualty Insurance Company
File
MAINTENANCE BOND
BOND NO.: ASB-516255
Premium: $2,153.00
KNOW ALL MEN BY THESE PRESENTS:
THAT we CARMELA LOTS, LP, a California limited partnership as Principal,
and AMERICAN SAFETY CASUALTY INSURANCE COMPANY a corporation organized and doing business under
and by virtue of the laws of the State of OKHOMA and duly licensed to conduct surety
business in the State of California, as Surety, are held and firmly bound unto
CITY OF LA QUINTA
as Obligee, in the sum of EIGHTY SIX THOUSAND, ONE HUNDRED TEN & NO/100.------------------
($ an, 1 1 U.UU ) 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 entered into an agreement or agreements with said Obligee to:
TRACT NUMBER 31874-2
WHEREAS, said agreement provided that Principal shall guarantee replacement and repair of improvements as described
therein for a period of one year following final acceptance of said improvements;
NOW, THEREFORE, if the above Principal shall indemnify the Obligee for all loss that Obligee may sustain by reason
of any defective materials or workmanship which become apparent during the period of one year from and after acceptance
of the said improvements by Obligee, then this obligation shall be void; otherwise to 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
this 24TH day of AUGUST 2010
YEAR
CARMELA LOTS, LP, a California limited
partnership Principal
8y; i0e1gw-nre. Re�a�l Co, L,LC
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fts gene--d par
Sco++ KEP
ID-1201 (CA) (One Year Term) (REV. 3/01)
AMERICAN SAFETY CASUALTY INSURANCE COMPANY
BY: _
J N DALEY Attoicy-;n-Fact
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MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal Engineer
Via: Timothy R. Jonasson, P.E., Public Works Director/ City Engineer*
Date: July 13, 2011
�
Subject: Release of On -Site Labor & Materials Security for Tract Map No.
31874-2, Carmela
Please release the following Labor & Materials security held in your files for
the above referenced tract. The on -site improvements were accepted by
City Council on October 19, 2010.
The Labor & Materials security amount and the address to the developer and
Surety Company are as follows:
TRACT No. 31874-2
Labor and Materials Bond No. Bond Amount
104610949 $1,136, 649
Developer: Marta Flores
Taylor Woodrow Homes, Inc.
15 Cushing
Irvine, CA 92618
Surety Company: St. Paul Fire & Marine Insurance
385 Washington St.
St Paul, MN 55102
Cc: Project File I, Tract Map No. 31874-2
Page 1 of 1
Twyll 4 4a91Arw
P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
July 27, 2011
Marta Flores
Taylor Woodrow Homes, Inc.
15 Cushing
Irvine, CA 92618
Re: Tract Map 31874-2
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office hereby
releases Bond Number 104610949 in the amount of $1,136, 649.00
If you have any questions, please call me at (760) 777-7002.
Sincerely
Veronica Mo ecino, City Clerk
City of La Quinta
cc: Tim Jonasson, Public Works Director/City Engineer
St. Paul Fire & Marine Insurance
File
SUBDIVISION IMPROVEMENTS
Tract Map No. 31874
LABOR AND MATERIAL BOND BOND No. 104610949
KNOW ALL MEN BY THESE PRESENTS:
THAT, the City Council of the City of La Quinta has approved the final map for Tract Map
No. 31874 , prior to installation of certain designated public improvements required by the
Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code
Section 66462)
WHEREAS, the City Council of the City of La Quinta, State of California, and
TAYLOR WOODROW HOMES, INC. A CALIFORNIA CORP. hereinafter designated as "the principal" have
entered into an agreement whereby the principal agrees to install and complete certain designated public
improvements, which agreement, dated , 200, and identified as
Tract Map No. 31874 , is hereby referred to a—nd made a part hereof; and
WHEREAS, under the terms of the agreement, the principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the City of La Quinta to secure the
claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the
Civil Code of the State of California.
NOW, THEREFORE, the principal and the undersigned as corporate surety, are held firmly bound
unto the City of La Quinta and all contractors, subcontractors, laborers, materialmen, and other persons
employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082)
of Part 4 of Division 3 of the Civil Code in the sum of ONE MILLION ONE HUNDRED THIRTY SIX THOUSAND, SIX HUNDRED
FORTY NINE DOLLARS ($ 1,136,649.00 ), for materials furnished or labor thereon of any kind, or for
amounts due under the Unemployment Insurance Act with respect to this work or labor, that the 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 city in successfully enforcing this obligation, to be awarded
and fixed by the court, and to be taxed as costs and to be included in the judgment 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.
F202 - Labor and Material Bond Page 1 of 2
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MEMORANDUM
RECEIVED
OCT 28 2010
CRY OF LA OUINTA
CRY CLERK DEPARTMENT
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal EngineerC
'yi
Via: J TTirnothy R. Jonasson, P.E., Public Works Director/ �ey/Engineer
Date: October 21, 2010
Re: Release of Performance Securities and Retain Warranty Security
for Tract Map No. 31874-2, Carmela, On -Site Improvements
Please release the following on -site Performance securities held in your files
for the above referenced tract. The on -site improvements were accepted by
City Council on October 19, 2010.
The security amounts and the address to the surety company are as follows:
TRACT No. 318744
Type of Bond I Bond No. I Performance Amount
Performance I J 104610949 1 $1,146,303
Please retain the attached Warranty security in your files for the above
referenced tract.
TRACT No. 31874-x
Type of Bond
Bond No.
Performance Amount
Warrant
ASB-516255
1 $86,1 10
Developer: Marta Flores
Taylor Woodrow Homes, Inc.
15 Cushing
Irvine, CA 92618
Surety Company: Travelers Casualty and Surety Company of America
(Performance Bond) One Tower Square
Hartford, CT 06183
Surety Company: American Safety Casualty Insurance Company
(Warranty Bond) 909 S. Meridian Ave., Suite 700
Oklahoma City, OK 73108
cc: Project File I, Tract Map No. 31874-2
T,df 4 XP Q"
P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
November 2, 2010
Marta Flores
Taylor Woodrow Homes, Inc
15 Cushing
Irvine, CA 92618
Re: Tract Map 31874-2 CARMELA On -Site Improvements
Release of Performance Bond No. 104610949
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office has
received warranty/maintenance bond no. ASB-516255 for $86,110 and hereby
releases bond no. 104610949 for $1,146,303. Enclosed is the original bond
document.
If you have any questions, please call me at (760) 777-7103.
Sincere
%6r
VERONICA IMONTECINO, City Clerk
City of La Quinta, California
cc: Tim Jonasson, Public Works Director/City Engineer
Travelers Casualty & Surety Company of America
File
31� 74'. 2--
SUBDIVISION IMPROVEMENTS
Tract Map No. 31874
PERFORMANCE BOND BOND NO. 104610949
KNOW ALL MEN BY THESE PRESENTS:
THAT, the City Council of the City of La Quinta has approved the final map for Tract Map
No. 31874 , prior to installation of certain designated public improvements required by the
Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code
Section 66462)
WHEREAS, the City Council of the City of La Quinta, State of California, and
TAYLOR WOODROW HOMES, INC. , A CALIFORNIA CORP. hereinafter designated as ("principal")
have entered into an agreement whereby principal agrees to install and complete certain designated public
improvements, which said agreement, dated , 200_ , and identified as
Tract Map No. 31874 . is hereby referred to and made a part hereof; and
WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the
faithful performance of said agreement.
TRAVELERS CASUALTY AND
NOW, THEREFORE, we, the principal and SURETY COMPANY OF AMERICA
as surety, are held and firmly bound unto the City of La Quinta hereinafter called ("City"), in the penal sum
of See Below* DOLLARS ($ 1,146,303.00 ) 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.
*ONE MILLION, ONE HUNDRED FORTY SIX THOUSAND, THREE HUNDRED THREE AND NO/100THS-----
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