1998 AGN MAR 17 I14 - Laserfiche WebLink

Browse Search

SUBDIVISION - CASH DEPOSIT GUARANTEEING PERFORMANCE (STAKING) DATE: Honorable City Council Civic Center Colton, California Gentlemen: Pursuant to Article XVI, Section A of City Ordinance 1"1520, the undersigned hereb ' y agrees that all monuments shown on the final map of Tract #15784 are to be set and furnished by the subdivider or his engineer or surveyor on or before ' as specified in the certificate of and agrees to furnish the notes thereon as required by Article XVI, Section A of Ordinance #1520 and to complete all engineering requirements specified in Section 66441 of the Government Code. The undersigned hands you herewith the sum of S 2F400 as a cash deposit, said deposit to guarantee that the monument will be set and the notes furnished as above provided on or before the date specified and that the engineer or surveyor will be paid by the undersigned. It is further understood and agreed that in the event the undersigned fails to com- plete the above requirements within the time specified, the City of Colton is authorizt to complete said requirements or cause them to be completed, and the cost thereof is to be a charge against said cash deposit, and the City Clerk is author;:ed to make the necessary transfer from said cash deposit to the -credit of the proper City fund. It is further agreed that if the undersigned does not present evidence to the City Council that he has paid the engineer or surveyor for the setting of the final monu- ments, and if the engineer or surveyor gives the notices prescribed in Section 66441 of the Government code, the City Council shall pay to said engineer or surveyor, the cash deposit herein made. If the cost of completing said requirements exceeds the amount of the cash deposit, the undersinged agrees to pay the difference within thirty (50) days after receiving written statement from the City of Colton specifying the �mount of'the difference between the cash deposit and the actual cost of said requirements. Sincerely, Subdivider ��47 'V- M 0 W I r-)., I" Aa-�- AQ C4 I , 1 9-'4 Address The depositor of record Cfor return of any portion of the cash deposit� shall be: Address Date: 5 i ganed* *To be signed by Party releasing his rights to the cash deposit. Receipt of 5 is hereby acknowledged on Deposit Permit from Note: To be submitted fully Filled out and signed CITY CLERK, CITY OF COLTON Oriainal: To Citv Clerk Signed Cop�-: To Finance Director Signed CopY: To Clit.� Engineer