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HomeMy WebLinkAboutA012 - Memo dated April 9, 2001 regarding required security for subdivision - $88,000 memo City Clerk's Office Caring People Quality Programs Fxceptional Service TO: City Clerk's Office FROM: JOMw jolm6le— Public Works Department DATE: �4P r 9 Z00 1 SUBJECT: Required Security for Subdivision A bond* in the amount of$ is required for the COum-re—K Subdivision. The bond will secure acceptable performance of the following public improvements: Improvement Amount rQ $ 0,O0n li4TE E E $ S two $ SO ENS XbMW AMSP $ 8000 $ /dry *Bond: Any form of security including a letter of credit, a cash deposit, surety bond, collateral, property or instrument of credit in an amount and form satisfactory to the City Council.