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Release of Bonds - Tract Map 49136 - Internal File 059TO: FRANK G. TRIPEPI, CITY MANAGER FROM: ALFONSO RODRIGUEZ, CITY ENGINEER DATE: SEPTEMBER 5, 1995 RELEASE OF BONDS - TRACT MAP NO. 49136 8835 MISSION DRIVE A Faithful Performance Bond and a Labor and Material Bond was required to guarantee installation of street signs and setting of survey monuments, required for the development of the subject tract map. The total amount submitted to ensure the required improvements was $7,950.00. The City Engineer has inspected the improvements and has found them to be installed satisfactorily. Attached are the undertaking agreement, required surety, and a map which indicates the location of the tract. RECOMMENDATION It is recommended that the City Council : Accept the public improvements. Release the bonds for the public improvements for Tract Map No. 49136. Attachment AR:fw rptcty\tm49136.bnd COUNCIL "a1, CENDA SEP 121995 ITEM No. 11 i