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Lease

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20250507 Riverside County Corona City Council Order of Business 6 6.11 RELEASE OF THE IMPROVEMENT AND SURVEY MONUMENTAION SECURITIES POSTED BY LENNAR HOMES OF CALIFORNIA INC. FOR TRACT MAPS 36541, 36541-1, AND 36541-2 LOCATED SOUTH OF GREEN RIVER ROAD AND SIERRA BELLA DRIVE a. Accept the improvements associated with Tract Maps 36541, 36541-1, and 36541-2. b. Retain twenty-five percent (25%) of the Faithful Performance Security for one year beyond the acceptance of the improvements as security for repair and replacement of any improvements that fail to meet City standards at the end of the one-year period. (Bond No. 30009182, 204675, and 204674) c. Retain the Labor and Material Security for six months beyond the acceptance of the improvements and automatically release the security unless claims are filed. (Bond No. 30009182, 204675, and 204674) d. Release the survey monumentation securities associated with Tract Map 36541, 36541-1, and 36541-2. (Bond No. 30009185, 30009184, and 30009186) May 07, 2025 Riverside County Corona City Council Order of Business 6 #11