City Council

13. RELEASE OF SECURITY - RELEASE OF THE IMPROVEMENT SECURITY POSTED BY\nARANTINE HILLS HOLDINGS, LP FOR TRACT MAP 36294R LOCATED SOUTH OF\nEAGLE GLEN PARKWAY AND WEST OF INTERSTATE 15 (APPLICANT: ARANTINE\nHILLS HOLDING, LP)\nThat the City Council:\na. Accept the improvements associated with the Bedford Canyon and Eagle Glen\nParkway traffic signals.\nb. Retain twenty-five percent (25%) of the Faithful Performance Security for one\nyear from the date of acceptance of improvements as security for repair and\nreplacement of any improvements that fail to meet City standards at the end of\nthe one-year period (PB02497500540).\nc. Retain the Labor and Material Security for six months from the acceptance of\nimprovements date and automatically release the security unless any claims are\nfiled. (PB02497500540).\nAgenda