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11-22-1994 CC Rpt A08NOVEMBER 7, 1994 CITY OF CHINO HIL�E(__ � ����� D 2001 GRAND AVENUE CHINO HILLS, CALIFORNIA 91709-4869 (909) 590-1511 • (909) 590-5646 � NOV _7 Al 1 2 AGENDA DATE: NOVEMBER 22, 1994 TO. CITY MANAGER/CITY COUNCIL -r- 01I CIT XA IL: En M. GARY G. LARSAIS16 GWENN E. NORTON -PERRY JAMES S. THALMAN MICHAEL G. WICKMAN 0FFICI: OF (DW CLUof CHINO HILLS APPROVED FOR CITY COUNCIL Finance: City Manager: 5 FROM: CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SUBJECT: BOND CHANGE - R-9 RESERVOIR, ROLLING RIDGE VILLAGE RECOMMENDATION.- Authorize ECOMMENDATION: Authorize status change of the performance security to guarantee/warranty for the R-9 reservoir located in the City of Chino Hills, Rolling Ridge Village. DISCUSSION/JUSTIFICATION: The original security was accepted on August 25, 1992. The Public Works Department has inspected and accepted the improvements as being built per approved plans. The developer and bonding company agreed that the face amount of the performance security will remain in effect and continue for one year to November 8, 1995 to guarantee against defective work and materials. Owner: Bramalea California 100 Bayview Circle, Suite 2000 Newport Beach, CA 92660 Change: Performance (102500) $570,000 To: Guarantee/Warranty (102500) $570,000 M16 f _-_ CITY MANAGER/CITY COUNCIL NOVEMBER 7, 1994 AGENDA DATE: NOVEMBER 22, 1994 PAGE TWO SUBJECT: BOND CHANGE - R-9 RESERVOIR, ROLLING RIDGE VILLAGE REVIEW BY OTHERS: This item was reviewed by Jon Gillespie, Traffic Engineer. FINANCIAL IMPACT: There is no financial impact. Respectfully submitted, CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER CAV/LL/tr Attachment TER ESAIAGENDA: BON DCHNG. LL RESER VOIR - 9 ROLLING RIDGE RESERVOIR IhAEY 111!'AlluN aw 3/ 000 K r"....� .�., ... WAT£G M. � , - , N �� \ WAT£aeisf—elvol _ I \ / LFLEV. 10759 l /N -'wor o.• rrkrlr To ROYfMENT3so rA.,, � a /; wv