City Council

22. 25-607 Approve and Accept the Public Improvements and Release the Securities for Tract 15377 (Parkside Estates Subdivision) and Accept the Offers of Dedication Recommended Action: A) Accept the improvements constructed and dedicated for public use with Tract 15377 and instruct the City Clerk to record the “Notice of Acceptance of Public Improvements” with the Orange County Recorder. B) Release the Faithful Performance and Labor and Material Bond Nos. 0195156, 0195157, 0195158, 0195159, 0195160, 0195162, 0195163 and Monument Bond No. 0195155 pursuant to the California Government Code Section No. 66499.7(a); and, C) Accept Guarantee and Warranty Bond Nos. 0195156M, 0195157M, 0195158M, 0195159M, 0195160M, 0195162M, 0195163M; the security furnished for guarantee and warranty of the public improvements, and instruct the City Clerk to file the bond with the City Treasurer; and, D) Release Guarantee and Warranty Bond No. 0195161M. E) Instruct the City Clerk to notify Shea Homes, the subdivider of Tract 15377, and the City Treasurer to notify Berkley Insurance Company, of these actions related to the bonds. F) Accept Offer of Dedication in Fee Title of Lots “A”, “S”, “B” and “X” of Tract 15377 and Instruct the City Clerk to record the Certificate of Acceptance . G) Accept Offer of Dedication the Easements over Lots “C”, “N”, “O” and “T” of Tract 15377 and Instruct the City Clerk to record the Certificate of Acceptance .