City Council

12. 26-381 Approve and Accept the Public Improvements, Release the Sureties for, and Accept a Guarantee and Warranty Bond for the Delaware Paxton Residential Project (Parcel Map 2022-106) Recommended Action: A) Accept the improvements constructed and dedicated for public use with Parcel Map 2022-106, and instruct the City Clerk to record the Notice of Acceptance of Public Improvements with the Orange County Recorder; and, B) Accept Guarantee and Warranty Bond No. DVHNSU0832094-W; the surety furnished for guarantee and warranty of public improvements; and instruct the City Clerk to file the bond with the City Treasurer; and, C) Instruct the City Treasurer to release the Faithful Performance Bond No. DVHNSU0832094, Labor and Material Bond No. DVHNSU0832094 and Monument Bond No. DVHNSU0832094; and, D) Instruct the City Clerk to notify the developer, Nash-Holland 18750 Delaware Investors, of this action, and the City Treasurer to notify the Surety Company, Harco National Insurance Company, of this action.