City Council

6.11 RELEASE OF THE IMPROVEMENT AND SURVEY MONUMENTAION SECURITIES POSTED BY\nLENNAR HOMES OF CALIFORNIA INC. FOR TRACT MAPS 36541, 36541-1, AND 36541-2\nLOCATED SOUTH OF GREEN RIVER ROAD AND SIERRA BELLA DRIVE\na. Accept the improvements associated with Tract Maps 36541, 36541-1, and 36541-2.\nb. Retain twenty-five percent (25%) of the Faithful Performance Security for one year beyond\nthe acceptance of the improvements as security for repair and replacement of any\nimprovements that fail to meet City standards at the end of the one-year period. (Bond No.\n30009182, 204675, and 204674)\nc. Retain the Labor and Material Security for six months beyond the acceptance of the\nimprovements and automatically release the security unless claims are filed. (Bond No.\n30009182, 204675, and 204674)\nd. Release the survey monumentation securities associated with Tract Map 36541, 36541-1,\nand 36541-2. (Bond No. 30009185, 30009184, and 30009186)