City Council

7. ACCEPTANCE OF TOLL BROTHERS IMPROVEMENTS AND RELEASE\nOF BONDS FOR TRACT 19124\nRECOMMENDED ACTION: 1. Accept as complete the tract improvements\nand monumentation constructed by Toll Brothers West Inc., a Delaware\ncorporation, for Tract 19124. 2. Authorize the City Clerk to release the\nSubdivision Faithful Performance and Subdivision Labor and Materials\nBonds, both in the amount of $176,811.01, and the Subdivision\nImprovement Monumentation Bond in the amount of $59,250. 3. Authorize\nthe City Clerk to release the Subdivision Improvement Warranty Bond in\nthe amount of $17,681.10 one year after acceptance of the public\nimprovements for Tract 19124 with the concurrence of the Director of Public\nWorks/City Engineer.