City Council

13.x REDUCTION OF THE SUBDIVISION FAITHFUL PERFORMANCE BOND, 467\nAND RELEASE OF THE SURVEY MONUMENTS BOND, AND THE\nROUGH GRADING BOND FOR TRACT MAP NO. 37506-2, UNIVERSITY\nPARK PHASE II\nRECOMMENDATION:\n1. Authorize the City Engineer to reduce Subdivision Faithful\nPerformance Bond No. 800134560 for Tract Map No. 37506-2 to\n$1,462,430.\n2. Authorize the City Engineer to release Survey Monuments Bond\nNo. 800134560 for Tract Map No. 37506-2.\n3. Authorize the City Engineer to release Grading Bond No.\n800134559 for Tract Map No. 37506-2.