City Council

12. RELEASE OF SECURITY - RELEASE OF THE GRADING AND IMPROVEMENT\nSECURITY POSTED BY WOODSIDE 05S, L.P., A CALIFORNIA LIMITED PARTNERSHIP\nFOR TRACT MAP 37030 LOCATED SOUTH OF EAGLE GLEN PARKWAY AND WEST OF\nINTERSTATE 15 (APPLICANT: WOODSIDE 05S, L.P.)\nThat the City Council:\na. Accept the improvements associated with the Woodside Homes - Bedford Six\nPack on Lot 13, and Lots 21 through 35.\nb. Retaining 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. (Bond#800082072, Bond#LICX1196095,\nBond#LICX1195848, Bond#LICX1195847, Bond#800044391, Bond#800044392 ,\nAgenda\nBond#800038302, and Bond#800038301)\nc. Retaining the Labor and Material Security for six months from the acceptance of\nimprovements date and automatically release the security unless any claims are\nfiled. (Bond#800082072, Bond#LICX1196095, Bond#LICX1195848,\nBond#LICX1195847, Bond#800044391, Bond#800044392, Bond#800038302 ,\nand Bond#800038301)\nd. Release Grading and Erosion Control Securities. (Bond#800038303, R4305,\nBond#LICX1159743, and R9596)