HomeMy WebLinkAboutFinal Tract Map 14417-All of TT 14417-BARTOLI COMPANY STATEMENT OF ACTION OF THE CITY COUNCIL
Council Chamber, Civic Center
Huntington Beach, California
Monday, February 6, 1995
A videotape recording of this meeting
is on file in the Office of the City Clerk.
Mayor Leipzig called the regular meetings of the City Council and the Redevelopment Agency of
the City of Huntington Beach to order at 5:00 p.m.
CITY COUNCIUREDEVELOPMENT AGENCY ROLL CALL
PRESENT: Sullivan, Leipzig, Dettlogg, Green, Garofalo, Harman
ABSENT: Bauer
CONSENT CALENDAR--(ITEM APPROVED)
On motion by Green, second Garofalo, the following item was approved as recommended, by the
following roll call vote:
GUARANTEE &WARRANTY SECURITY RELEASE - TRACT NO. 14417 -APPROVED - BFD
DEVELOPMENT. INC. - E/HUNTINGTON STREET/N GARFIELD AVENUE - Released
irrevocable standby letter of credit No. 034-LCS-007444; the security furnished for guarantee and
warranty of improvements; instructed the City Clerk to notify the developer, BFD Development,
Inc., of this action, and instruct the City Treasurer to notify the bank, Union Bank, of this action.
Mayor Leipzig adjourned the regular meetings of the City Council and the Redevelopment Agency
of the City of Huntington Beach.
/s/Connie Brockway
City Clerk and ex-officio Clerk of
the City Council of the City of
Huntington Beach, California
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>PLICANT — BENEFICIARY - ----------
.F.B. DEVELOPMENTI ` INC. — CITY 'OF HUNTINGTON BEACH
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JNTINGTON , BEACHI CA 92649 - P.O. BOX 190
— HUNTINGTON BEACH, CA 92648
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REDIT AVAILABLE WITH — PARTIAL DRAWINGS ACCEPTABLE
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---:ING CLAI.V=D "UST ALSO BE INCLUDED.
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Y -IJP. CLA "IS ARE m-"-STqlCTED TD THE PAYM�:NT FOR THE CONSTRUCTIOINI
INCL 'DIING EXCAVATIO'.41 PAVING- 1 CUR16S) GUTTERS)
A;,4D 'D T H. Q L A T....0 1 T E; -3- SEW -�'S ) I t C L U D I N G
Co`li'TRU,`1i3N OF 'AIl H""'U57- LATE;'1 `LS AND FIRE ;-iYD�- ANTS-
STD.Rl' FACILITIFEil- STR: ET LIGHTS- UNFIERGROU'N'D CELECTiDIC
l,".;r-L;JDIN'G MAIN I- I NE I '�E'C0NDAQI--::S AND SERVICE LATEP.-*kL Sl-
ST'Z":: =T SIGNS- ENGINEERING C")ST- LANDSCAPING 4 A!-JD IR.-RIGATION
.:IT!-ili\i PUBLIC RIGHT .-.AY- Fl\)'--. GRADINIG- HIKING AND EQUz'S TAN TRAIL.-:_) TO TRACT ;'-10o 14417 CITY CtF HUNTINGTON BLEACH,
-TAT I F RNIAj 4LL AS RE-�TY c m!j F.)P,A N-3:-Ez I S 'C I CAL I FO '73Y
OF AP-D.--'?:,V"L Elc THE AFORESAID SuD DIVISION !,,,..AP A-ND
AGREEMIENT A t!1D SUCH OTHER STPUCTURES OR IllitPROVEMENT-6
NOTICE OF COMPLIANCE WITH CONDITIONS ON TRACT/PARCEL MAP
AUTHORIZATION FOR RELEASE FOR RECORDING
TO: City Clerk Date:
FROM: COMMUNITY DEVELOPMENT
Michael C. Adams
TRACT NO. I T{ I
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PARCEL MAP NO.
ECREATION & PAR EES PAID
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NOTICE OF COMPLETION WITH CONDITIONS ON TRACTS
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AUTHORIZATION FOR RELEASE FOR RECORDING
TO : CITY CLERK DATE : g
I FROM : PUBLIC WORKS DEPARTMENT
j Bruce Crosby
, I
TRACT NO . � /-1 I� DEVELOPER � ; � � � �Lo
CONDITIONS : Date
Deposit of fees for water, sewer, , j
z,
drainage, engineering and inspection
I
Bond for_ Improvement . . . . . . . . . . . ~�
Signature of Agreement . . . . . . . . .
Certificate of Insurance . . . . .
Bond for Monuments . . . . . . . . . .
Labor & Material Bond . . . . . . . . .
;
Other :
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Page 2 - Statement of Action
ATTEST:
/s/Connie Brockway /s/Victor Leipzig
City Clerk/Clerk Mayor
STATE OF CALIFORNIA )
County of Orange ) ss:
City of Huntington Beach )
I, Connie Brockway, the duly elected City Clerk of the City of Huntington Beach, California, do
hereby certify that the above and foregoing is a true and correct Statement of Action of the City
Council of said City at their regular meeting held on the 6th day of February, 1995.
Witness my hand and seal of the said City of Huntington Beach this the 16th day of
February, 1995.
/s/Connie Brockway
City Clerk and ex-officio Clerk of
the City Council of the City of
Huntington Beach, California
B ,/
Deputy City Clerk
Request for City Council Action
February 6,1995
Submitted to : Honorable Mayor and City Council APPROVED BY CITY COUNCIL,
Submitted by: Michael T. Uberuaga, City Administrator 19
Prepared by: Les M. Jones II, Director of Public Works
. W\'
Subject: Guarantee &Warranty Security Release-Tract No. 14417
Consistent with Council Policy? [X] Yes [ ] New Policy or Exception
Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments:
STATEMENT OF ISSUE:
One Year has elapsed since the acceptance of improvements for Tract No. 14417. The
Subdivider, BFB Development, Inc., has requested release of the irrevocable standby letter of
credit which was the security furnished for guarantee and warranty of improvements.
RECOMMENDED COUNCIL ACTION:
11. Release irrevocable standby letter of credit No. 034-LCS-007444; the security furnished
for guarantee and warranty of improvements; And,
2. Instruct the City Clerk to notify the developer, BFB development, Inc., of this action,
and the City Treasurer to notify the bank, Union Bank, of this action.
ANALYSIS:
The City Council, on October 4,1993, accepted the improvements constructed and dedicated
for public use within Tract No. 14417 and also accepted irrevocable standby letter of credit No.
034-LCS-007444; the security furnished for guarantee and warranty of improvements. Calif.
Government Code Section No. 66499.3 (d) requires that security for the guarantee and
warranty of the improvements be posted upon acceptance of the public improvements, and
that the security remain in affect for one year. Public improvements constructed consist of
paving, curbs and gutters, sidewalks, driveways, wheelchair ramps, street lights, sewer and
water lines with appurtenances within Huntington St., the perimeter street adjacent to the tract
boundary.
The one year period has elapsed and the City Engineer has determined that the improvements
have been constructed in substantial compliance with the approved plans and specifications,
and recommends release of the security.
.r
Request for City Council Action
Tract No. 14417
February 6, 1995
Page 2
Following is a list of project data:
Subdivider: BFB Development, 17756 Sampson Ln., Huntington Beach, Ca. 92647
Engineer: Valley Consultants, 2730 S. Harbor Blvd., Santa Ana, Ca. 92704
Title Co.: Commonwealth Land Title Co., 200 W. Santa Ana Blvd., Santa Ana, Ca.
92701
Location: East side of Huntington St., north of Garfield Ave.
Lots: 1
Acreage: 2.06
Zone: R1
ENVIRONMENTAL STATUS:
This recommended action to release the security is a ministerial act, and is exempt from the
requirements of the California Environmental Quality Act, pursuant to State CEQA Guidelines,
Cal. Admin. Code, Title 14, Chapter 3, Section 15268 (b).
FUNDING SOURCE:
Not applicable
ALTERNATIVE ACTIONS:
Deny the recommended action
ATTACHMENTS:
(1) Location Map
MTU/RS/LMJ/BPC
NOT TO SCALE
ELLIS
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ATTACHMENT NO. 1
TR . 14417 LOCATION MAP .JJ
CITY OF HUNTINGTON BEACH
DEPARTMENT OF PUBLIC WORKS
g:\crosby\tr-14417.dwg
STATEMENT OF ACTION OF THE CITY COUNCIL
Council Chamber, City Hall
Huntington Beach, California
October 4, 1993
Mayor Winchell called the regular meeting of the City Council of the City of Huntington
Beach to order at 7:00 P.M.
Present: Robitaille, Bauer, Moulton-Patterson, Winchell , Silva, Sullivan, Leipzig
Absent: None
CONSENT CALENDAR - (ITEM APPROVED)
On motion by Leipzig, second Bauer, the following item was approved as recommended, by
the following roll call vote:
AYES: Robitaille, Bauer, Moulton-Patterson, Winchell , Silva, Sullivan, Leipiz
NOES: None
ABSENT: None
NOTICE OF COMPLETION - TRACT NO. 14417 - BFD DEVELOPMENT - Accepted improvements
dedicated for public use in Tract No, 14417 located E/S Huntington Street, N/O Garfield
Avenue, authorized the release of the Faithful Performance Bond, the Monument Bond,
accepted the Guarantee and Warranty Bond and instructed the City Clerk to notify the
Developer, and the City Treasurer to notify the bonding company of this action.
Mayor Winchell adjourned the regular meeting of the City Council of the City of
Huntington Beach at 10:30 P.M. to Monday, October 11 , 1993 at 5:30 P.M. in Council
Chamber, Civic Center, Huntington Beach, CA 92648.
Connie Brockway
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California
ATTEST:
Connie Brockway Grace Winchell
City Clerk Mayor
STATE OF CALIFORNIA )
County of Orange ) ss:
City of Huntington Beach)
I, Connie Brockway, the duly appointed and qualified City Clerk of the City of
Huntington Beach, California, do hereby certify that the above and foregoing is a true
and correct Statement of Action of the City Council of said City at their regular
meeting held on the 4th day of October, 1993.
Witness my hand and seal of the said City of Huntington Beach this the 22nd day of
October, 1993.
Connie Brockway
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California
By,,
Deputy
1179K/1489K
ION BANK —
TfL OP CENTER L.A. — PAGE 01
0, BOX 2668 — CREDIT NUMBER
S ANGELES) CA. 90051 — 034—LCS-5S2071
---------------------------------------------------------------------------------
!ION BANK ISSUED, AN - DATE AND PLACE OF EXPIRY
cREVOCABLE_ STANDBY :LETTER OF CREDIT —
.ACE AND..' DATE OF .ISSUE 1992 OCT. 31
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�91 OCT. 17
----------------------------------------------------------------------------------
>V'I'S I NG BANK —
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3PLICANT — BENEFICIARY — ----------
.F.B. DEVELOPMENT ) INC. CITY OF HUNTINGTON BEACH
7756 SAMPSON LANE — 2000 MAIN STREET, P.O. BOX 190
)NTINGTON BEACH) CALIFORNIA 92649' HUNTINGTON BEACH, CALIFORNIA 92648
.S.A. U.S.A.
----------------------------------------------------------------------------------
2EDIT AVAILABLE WITIi PARTIAL DRAWINGSACCEPTABLE
SSUING BANK
DRAFT—S— AT / DRAWN ON
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FOR 100 PERCENT OF STATEMENT VALUE
DRAWN ON ISSUING BANK
-----------------------------------------------------------------------------------
OCUMENT`S TO "BE Pf2E.SENTED
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YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF NON
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A PHOTOCOPY OF RELATIVE AGREEMENT FOR WHICH NON PERFORMANCE IS
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YOUR CLAIMS ARE RESTRICTED TO THE PAYMENT FOR THE CONSTRUCTION
:ONTINUE
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----------------------------------------------------------------------------
INION BANK ISSUED AN - DATE AND PLACE OF EXPIRY
RREVOCABLE STANDBY 'LETTER OF CREDIT
'LACE 'AND DATE OF. ISSUE - 1992 OCT. 31
OS' ANGELES', CA. AT OUR COUNTER
991 OCT. 17
-----------------------------------------------------------------------------------
,DVISING BANK - -
- =' A M O U N T
DIRECTLY -
-HROUGH -
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kPPLICANT - BENEFICIARY - ----------
3.F.B.'- DEVELOPMENT ; I;NC. CITY OF HUNTINGTON BEACH
. 7756 'SAMPSON LANE 2000 MAIN STREETI P.O. BOX 190
iUNTINGTON BEACH; CALIFORNIA 92649 - HUNTINGTON BEACH, CALIFORNIA 92649
).S.A. - U.S.A.
-----------------------------------------------------------------------------------
-REDIT, AVAILABLE WITH - PARTIAL DRAWINGS ACCEPTABLE
ISSUING BANK
DRAFT-S- AT / DRAWN ON
SIGHT
FOR 100 PERCENT OF STATEMENT VALUE
--DRAWN ON ISSUING BANK
-----------------------------------------------------------------------------------
)OCUMENTS TO BE PRRESENTED-
VE' HEREBY ISSUE 3N YOUR FAVOR THIS STAND BY CREDIT WHICH IS
�VAILASLE. BY PAYMENT -OF YOUR- DRAFTS AT SIGHT DRAWN ON UNION BANK
LNTERNATIONAL OPERATIDNS." CENTER .LOS ANGELES, BEARING THIS CREDIT.
JUMSERy DATE- OF -ISSUE: AND NAME OF ISSUING BANK WHEN ,ACCOMPANIED
3Y THE 'FOLUOWING DOCUMENTS-
YOUR ; SIGNED AND NOTARIZED STATEMENT JUSTIFYING SUCH CLAIM ,AND
PAYMENT. YOUR STATEMENT MUST ACCOMPANY A COPY OF THE SIGNED
COPY OF THE AGREEMENT WHICH JUSTIFIES SUCH CLAIMS.
YOUR STATEMENT MUST STATE SPECIFICALLY THAT THE AMOUNT OF YOUR
DRAFTS WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED AMOUNTS.
YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF NON
PERFORMANCE AND THE AMOUNT OF YOUR DRAFT-S- DRAWN HEREUNDER
WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED NON PERFORMANCE.
A PHOTOCOPY OF RELATIVE AGREEMENT FOR WHICH NON PERFORMANCE IS
BEING CLAIMED MUST ALSO BE INCLUDED.
-ONTINUE •
UJ CITY OF HUNTINGTON BEACH
2000 MAIN STREET CALIFORNIA 92648
OFFICE OF THE CITY CLERK
December 5, 1991
Commonwealth Land Title Company
888 N. Main Street
Santa Ana, CA
Attention: Subdivision Officer
RE: Tract Map No. 14417
This is to inform you that all fees have been paid and conditions
met on the above named tract. You are free to record same at your
convenience.
After recording, please return two prints of the Tract Map to Bruce
Crosby, Department of Public Works, P.O. Box 190, Huntington Beach,
California 92648.
Connie Brockway
City Clerk
CB:bt
Enclosure i
Received by
Dated
(Telephone:714-536-5227)
-i, ► --.__..-CITY .OF HUNTINGTON BEACH.- -
2000 MAIN STREET CALIFORNIA 92648
i
OFFICE OF THE CITY CLERK
December 4, 1991
Bartoli Company
17756 Samson Lane
Huntington Beach, CA 92648
Gentlemen:
The City Council of Huntington Beach, at its regular
meeting held Monday, December 2 1991 ,
approved the Subdivision Agreement for Tract No. 14417 .
We are enclosing herewith a duly executed copy for your
files.
Sincerely,
Connie Brockway
City Clerk
CB: bt
Enclosure
(Telephone:714-536-5227)
11
F t
SUBDIVISION AGREEMENT BY AND BETWEEN
THE CITY OF HUNTINGTON BEACH AND BFB
DEVELOPMENT FOR TRACT NO. 14417
,r
THIS AGREEMENT is entered into this 4th day
of December , 19 91, by and between the CITY OF HUNTINGTON
BEACH, a municipal corporation of the State of California,
hereinafter referred to as "CITY, " and BFB DEVELOPMENT, INC. , a
California corporation, hereinafter referred to as "SUBDIVIDER. "
RECITALS
WHEREAS, SUBDIVIDER is the owner of a tract of land in CITY,
which it is seeking to subdivide into lots and to dedicate certain
streets, alleys, and other improvements therein to public use, and
is about to file with CITY a map of the tract of land known as
Tract No . 14417; and
As a condition of the approval of and prior to the recordation
of said subdivision map, SUBDIVIDER is required to improve and
dedicate the streets and alleys, and to perform certain other
improvements in said subdivision; and
SUBDIVIDER desires to enter into an agreement with CITY to
delay performance of certain of the work; to agree to perform said
work as herein provided; and to execute and deliver to CITY bonds.
for the faithful performance of said agreement, for the payment of
all labor and material in connection therewith, and for the
guarantee and warranty of the work for a period of one (1) year
following completion and acceptance thereof against any defect in
���M�1�
work or labor done, or defective materials furnished, as required
by Sections 66499 and 66499 .3 of the Government Code of the State
of California, and Article 997 of CITY' s ordinance code.
NOW, THEREFORE, in consideration of the promises and
agreements of the parties as herein set forth, the parties agree
as follows :
1. GENERAL STREET CONSTRUCTION
SUBDIVIDER does hereby agree to do and perform the
following work in said tract:
All conditions of the tract map not completed at the time
of the recordation thereof to include, but not limited to, the
construction of streets, including excavation, paving, curbs,
gutters, sidewalks, trees and landscaping; sewers, including
construction of main lines and lot laterals and structures; street
lights; street signs; construction of domestic water systems
including the construction of water mains, lot laterals and
installation of meters; engineering costs; and any miscellaneous
requirements as may be set forth in CITY'S codes . All of said
work shall be done and performed in accordance with plans,
specifications and profiles which have been approved by the City
Engineer and filed in the office of the City Engineer . All of
work shall be done at the sole cost and expense of SUBDIVIDER.
The acceptance of the dedication of said streets, alleys and other
improvements, and said work shall be completed on or before two
(2) years from the date hereof, and all labor and. material bills
therefor shall have been paid by SUBDIVIDER.
2
2 . ARTERIAL HIGHWAY IMPROVEMENT
.SUBDIVIDER agrees to complete all arterial highway
improvements, including perimeter walls and landscaping required
by conditions of the tract map, prior to release or connection of
utilities for occupancy for any lot in the Tract.
3 . GUARANTEE
SUBDIVIDER shall guarantee all work and material required
to fulfill its obligation as stated herein for a period of one (1)
year following the date of City Council acceptance of same.
4 . FAITHFUL PERFORMANCE AND SECURITY
In accordance with Huntington Beach Ordinance Code (HBOC)
Article 997, upon execution hereof SUBDIVIDER shall deposit with
the City Treasurer the sum of One Hundred One Thousand, Five
Hundred Dollars, $101, 500 as prescribed by HBOC Section 9970,
which security is given to CITY to insure faithful performance of
this Agreement and of all of the conditions of the Tract Map. The
deposit may be by corporate surety bond, cash or other approved
form of improvement security. All bonds and other forms of
deposit shall be approved by the City Attorney prior to their
acceptance by CITY. SUBDIVIDER may, during the term of this
Agreement, substitute improvement security provided that the
substituted security is acceptable to the City Attorney; however,
any bond or other security given in satisfaction of this condition
shall remain in full force and effect until the work of
improvement is finally accepted by CITY and SUBDIVIDER may be
required by CITY to provide a substitute security at any time.
3
5 . INDEMNIFICATION, DEFENSE, HOLD HARMLESS
SUBDIVIDER hereby agrees to protect, defend, indemnify
and hold and save harmless CITY, its officers, and employees
against any and all liability, claims, judgments, costs and
I
demands, however caused, including those resulting from death or
injury to SUBDIVIDER'S employees and damage to SUBDIVIDER' S
property, arising directly or indirectly out of the obligations or
operations herein undertaken by SUBDIVIDER, including those
arising from the passive concurrent negligence of CITY, but save
and except those which arise out. of the active concurrent
negligence, sole negligence, or the sole willful misconduct of
CITY. SUBDIVIDER will conduct all defense at its sole cost and
expense. CITY shall be reimbursed by SUBDIVIDER for all costs or
attorney' s fees incurred by CITY in enforcing this obligation.
6 . WORKERS' COMPENSATION INSURANCE
Pursuant to California Labor Code §1861, SUBDIVIDER
acknowledges awareness of §3700 et seq. of said code, which
requires every employer to be insured. against liability for
workers ' compensation; SUBDIVIDER covenants that it will comply
with such provisions prior to commencing performance of the work
hereunder.
SUBDIVIDER shall maintain Workers ' Compensation Insurance in
an amount of not less than One Hundred Thousand Dollars ($100, 000)
bodily injury by accident, each occurrence, One Hundred Thousand
Dollars ($100, 000) bodily injury by disease, each employee, Two
Hundred Fifty Thousand Dollars ($250, 000) bodily injury by
disease, policy limit .
4
SUBDIVIDER shall require all subcontractors to provide such
Workers ' Compensation Insurance for all of the subcontractors '
employees . SUBDIVIDER shall furnish to CITY a certificate of
waiver of subrogation under the terms of the Workers ' Compensation
Insurance and SUBDIVIDER shall similarly require all
subcontractors to waive subrogation.
7 . INSURANCE
SUBDIVIDER shall carry at all times incident hereto, on
all operations to be performed hereunder, general liability
insurance, including coverage for bodily injury, property damage,
products/completed operations, and blanket contractual liability.
Said insurance shall also include automotive bodily injury and
property damage liability insurance. All insurance shall be
underwritten by insurance companies in forms satisfactory to CITY
for all operations, subcontract work, contractual obligations,
product or completed operations and all owned vehicles and
non-owned vehicles . Said insurance policies shall name the County
of Orange, the CITY and its officers, agents and employees, and
all public agencies as determined by the CITY as Additional
Insureds . SUBDIVIDER shall subscribe for and maintain said
insurance in full force and effect during the life of this
Agreement, in an amount of not less than One Million Dollars
($1, 000 , 000) combined single limit coverage. If coverage is
provided under a form which includes a designated aggregate limit,
such limit shall be no less than One Million Dollars ($1,000, 000) .
In the event of aggregate coverage, SUBDIVIDER shall immediately
notify CITY of any known depletion of aggregate limits .
SUBDIVIDER shall require its insurer to waive its subrogation
5
rights against CITY and agrees to provide certificates evidencing
the same.
8 . CERTIFICATES OF INSURANCE;ADDITIONAL INSURED ENDORSEMENTS
Prior to commencing performance of ,the work hereunder,
SUBDIVIDER shall furnish to CITY certificates of insurance subject
to approval of the City Attorney evidencing the foregoing
insurance coverages as required by Sections 6 and 7 herein; said
certificates shall provide the name and policy number of each
carrier and policy, and shall state that the policy is currently
in force and shall promise .to provide that such policies will not
be cancelled or modified without thirty (30) days prior written
notice to CITY. SUBDIVIDER shall maintain the foregoing insurance
coverages in force until the work under this Agreement is fully
completed and accepted by CITY.
The requirement for carrying the foregoing insurance
coverages shall not derogate from the provisions for
indemnification of CITY by SUBDIVIDER under Section 5 of this
Agreement . CITY or its representative shall at all times have the
right to demand the original or a copy of all said policies of
insurance. SUBDIVIDER shall pay, in a prompt and timely manner,
the premiums on all insurance hereinabove required.
A separate copy of the additional insured endorsement to each
of SUBDIVIDER' S insurance policies, naming the CITY, its officers
and employees as Additional Insureds shall be provided to the City
Attorney for approval prior to any payment hereunder.
9 . ATTORNEYS' FEES
In the event suit is brought by CITY to enforce the terms
and provisions of this agreement or in any bond given to secure
6
the performance hereof, a reasonable attorney' s fee, to be fixed
by the court; shall be paid by SUBDIVIDER.
IN WITNESS WHEREOF, the parties hereto have executed this
agreement the day and year first above written:
BFB DEVELOPMENT, INC , CITY OF HUNTINGTON BEACH:
a corporat
Y
�✓l,�lOa�±o7i� ..�
Mayor
Its : Vice N6-JeA
By: - ,h". o
Its : e
ATTEST.: APPROVED AS TO FORM:
City Clerk City Attorney
{
REVIEWED AND APPROVED: INITIATED APPROVED:
City Administrator Direc or of Public Works
Q - 21 - /fit
c
7
/ �-� 7
_ .
' r ar.���:i�. C E RTI F I LATE O F INSURANCE CSA ISSUE DATE(MM/DD/YY)
:... . 11/08/91
. ..:-
PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND
CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.THIS CERTIFICATE
Rosstar Insurance Brokers, Inc DOES NOT AMEND,EXTEND OR ALTER THE COVERAGE AFFORDED BY THE
6911 Topanga Cyn Blvd Ste 209 POLICIES BELOW.
Canoga Park, CA
91303 COMPANIES AFFORDING COVERAGE
HenryF. Clark . .... ................_......................................... . ........ ....... . ............................... . .......
818-593-5494 COMPANY
LETTER A Scottsdale Ins. Co.
....- ...... ......... . .......... ......... _... ............._ .....-....
_.........................................._.................- _.....__. COMPANY B
INSURED LETTER
BFB Development Inc.
Dwayne Fuhrman COMPANY C
17756 Samson Ln. LETTER
....................................... ............................................................_......... ........................... . ..... -..
Hunti
92647ngton Beach, CA COMPANY D
LETTER
........ .................... ..........._... .................. _. -............ ...................-........._...............---......_...
COMPANY E
LETTER
COVERAGES
-.-.- ...
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE iNSURED NAMED ABOVE FOR THE iE POLICY PERIOD
INDICATED,NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
........... ........ .................. -.................................................................._-........__....................................-...-...........-................................_............-................................._..................-....
.-
CO: TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION: LIMITS
LTR DATE(MM/DD/YY) DATE(MM/DD/YY)
GENERAL LIABILITY GENERAL AGGREGATE $ 1,000,000
A X :COMMERCIAL GENERAL LIABILITY TBD 11/04/91 11/04/92 PRODUCTS-COMP/OP AGG. $ 1,000,000
000
-:CLAIMS MADE X OCCUR.: _-. .-. ....._.....
PERSONAL S ADV.INJURY $ 1,000,000
........... ... .......-.............- _-.............. .......... _....
A X OWNER'S&CONTRACTOR'S PROT. EACH OCCURRENCE $ 1,000,000
.. ..
A X BROAD FORM CGL FIRE DAMAGE(Any one fire) $ 50,000
... ... .................. ..... .... .
MED.EXPENSE(Any one person)_$ 1,000
AUTOMOBILE LIABILITY COMBINED SINGLE
ANY AUTO LIMIT $
- ALL OWNED AUTOS _......... .-
SCHEDULED AUTOS r^ ��,� (Pe Y
BODILY INJURY
r person) $
.: APPROVED AS >.c, F .. ..... ..... ....
HIRED AUTOS
mI'�•, wit h'��OZr10Y BODILY INJURY
NON-OWNED AUTOS GAIL HUT i V + ✓ $
(Per accidenq
GARAGE LIABILITY BY: Deput i y C ty A torney:
aI PROPERTY DAMAGE $
C EXCESS LIABILITY EACH OCCURRENCE $
UMBRELLA FORM" AGGREGATE $
OTHER HAN UMBRELLA FORM .
1k
WORKER'S COMPENSATION n STATUTORY LIMITS
- - ------ ... .... ...AND
EACH ACCIDENT $
EMPLOYERS'LIABILITY DISEASE POLICY LIMIT $
_.
DISEASE—EACH EMPLOYEE $
OTHER
DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLES/SPECIAL ITEMS
Additional Insured: City of Huntington Beach
--------—"� Huntington Beach, Ca.
CERTFICATE HOLDER CANCELLATION
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE
EXPIRATION DATE THEREOF,THE ISSUING COMPANY WILOWINW76W44
MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE
City of Huntington Beach LEFT,� #�ILJII� Iil� 8`fi74L � sI�SP
�{84B1DQJCffiB�DXBO�IDXJ}TIONFf@DSO$46ADd1D�L�4g4G1�9COR3fiffB6l�6QX�9C
Huntington Beach CA
AUTHORIZED REPRESENTATIVE
—T G. —n
Henry F Clark
ACORD 25=S(7)80); b ACORD CORPORATION 1996
- STATE P:o:.BOX 807,SAN FRANCISCO,CA 94101-0807
COMPENSATION
INSURANCE
F.U,ND CERTIFICATE OF WORKERS' COMPENSATION INSURANCE
•OCTO.B'E;R 22 , 1991 1105480 - 91
POLICY NUMBER: 1 0-1 -92
CERTIFICATE EXPIRES:
CITY OF HUNTINGTON BEACH
RISK MANAGEMENT/ATTN: JULIE FITTERY
2000 MAIN STREET
HUNTINGTON BEACH, . CA 92648 JOB: ALL OPERATIONS
EMPLOYEES = 0
L
This is to certify that we have issued a;valid Workers'Compensation insurance policy in a form approved by the California.
Insurance Commissioner to the employer named below for the policy period indicated. _
This policy is not subject to cancellation by the Fund except upon e'er+days'advance written notice to the employer.
30
We will also give you TiE.1►1 days'advance notice should this policy be cancelled prior to its normal expiration.
This certificate of insurance is not an insurance policy and does not amend, extend or alter the coverage afforded by the
policies listed.herein. Notwithstanding any requirement, term, or condition of any contract or other document with
respect to which this certificate of insurance may be issued or may pertain, the insurance afforded by the policies
described herein is subject to all the terms,exclusions and conditions of such policies. `
PRESIDENT
EMPLOYER ' S LIABILITY LIMIT: $3,000 ,000 PER OCCURRENCE .
ENDORSEMENT #2065 ENTITLED CERTIFICATE HOLDERS ' NOTICE EFFECTIVE
10/01 /91 IS ATTACHED TO AND FORMS A PART OF THIS POLICY .
EMPLOYER
BFB DE;V.ELOPMENT INCORPORATED
1775.6 .SAMPSON LANE
HUNTINGTON BEACH , CA 92647
SCIF 10262(REV.10-86) COPY FOR INSURED'S FILE ` ' /�41 7 OLD 262A
--
REQUEST FOR CITY COUNCIL ACTION
Date: October 4, 1993
Submitted to: Honorable Mayor and City Council
Submitted by: ,,��Miichael T. Uberuaga, City Administrator OVED By CITY COUNCIL
Prepared by: o`Zouis F. Sandoval, Director of Public Works /O — 19YA
Subject: NOTICE OF COMPLETION; TRACT NO. 14417 crn
ccm
r`
Consistent with Council Policy? [X] Yes �- n= 0
CD nvr1r+
-T
------------------------------------------------------------------------------------------------------------------------------ ------
Statement of Issue, Recommended action, Analysis,Funding Source, Alternative action, Attachments:
--------------------------------------------------------------------------------------------------------------------------------="= =_-----„--
STATEMENT OF ISSUE:
BFB Development, Inc. has completed all required public improvements for Tract No. 14417 and
is requesting a release pursuant to the provisions of the Subdivision Map Act.
RECOMMENDED ACTION:
1. Accept the improvements constructed and dedicated for public use with Tract No. 14417;
And,
��/Lyl9g
2. Release irrevo able standby letters of credit no's. 034-LCS-552070, 034-LCS-552071 and
034-LCS-552 • the securities furnished for faithful performance, labor and material and
monuments respectively; And,
3. Accept irrevocable standby letter of credit no. 034-LCS-007444; the security furnished for
guarantee and warrantee of improvements; And,
4. Instruct the City Clerk to notify the developer, BFB Development, of this action, and the
City Treasurer to notify the bank, Union Bank, of this action.
ANALYSIS:
The City Council, on December 2, 1991, approved Final Tract Map No. 14417 and accepted
irrevocable standby letters of credit for faithful performance, labor and material and monuments.
The developer has completed all required public improvements and is requesting acceptance of
the work and release of the securities pursuant to Calif Government Code Section 66499.7. The
City Engineer has determined that the improvements have been constructed in substantial
conformance with the approved plans and specifications, and he has recommended acceptance of
the improvements.
1/
Request for City Council Action
Notide of Completion; Tr.14417
Qctobgr 4, 1993
Page 2
ANALYSIS (font):
Calif Government Code Section No. 66499.3 (d) requires that security for the guarantee and
warrantee of the improvements be posted upon acceptance of the public improvements. The
developer has provided an irrevocable standby letter of credit as security.
Following is a list of project data:
Subdivider: BFB Development, 17756 Sampson Ln., Huntington Beach, Ca. 92647
Engineer: Valley Consultants, 2730 S. Harbor Blvd., Santa Ana, Ca. 92704
Title Co.: Commonwealth Land Title Co., 200 W. Santa Ana Blvd., Santa Ana, Ca. 92701
Location: E/S Huntington St., N/O Garfield Ave.
Lots: 1
Acreage: 2.06
Zone: R1
ATTACHMENTS:
(a) Location Map
(b) Irrevocable Standby Letter of Credit No. 034-LCS-007444
LFS:REE:SWM:BPC:bpc
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"UUP 90-60/TT14417/ND 90-53
HUNTINGTON BEACH
HUNTINGTON BEACH PLANNING DIVISION
S
REQUEST FOR CITY COUNCIL-, ACTI N-i-w -
_�__,__ _
Dece 2, 1991
Date
Honorable Mayor and City Council
Submitted to:
Michael T. Uberuaga, City Administra
Submitted by:
Michael Adams, Director, Community Develop
Prepared by:
FINAL TRACT MAP 144177 BEING ALL OF TENTATIVE TRACT
Subject: NO. 14417, AND BONDS AND AGREEMENTS FOR TRACT 14417
APPROVED BY CITY COUNCIL
/eZ 19_a��-
Consistent with Council Policy? Yes [ ] New Policy or Exception
Statement of Issue, Recommendation,Analysis, Funding Source,Alternative Ac ` x
STATEMENT OF ISSUE:
The Final Tract Map No. 14417 located at 18862 Huntington Street,
has been submitted to the City Council for approval .
RECOMMENDATION•
Motion to:
"Approve Final Tract Map No. 14417 pursuant to the required findings
set forth in Section 66458 of the Government Code with the following
requirements : "
1. Final Tract Map No. 14417 is in substantial compliance with the
previously approved tentative map pursuant to the mandatory
findings established by the Planning Commission as set forth by
Section 6-6.474 of the Government Code; and
2 . Accept the offer of dedication and improvements subject to
completion of requirements shown on the tentative map; and
3 . Instruct the City Clerk to not affix her signature to the map
nor release it for preliminary processing by the County of
Orange or for recordation until the following conditions have
been complied with:
a. A deposit of fees for water, sewer, drainage, engineering
and inspections shall be provided;
b. A Certificate of Insurance shall be submitted;
C. Subdivision Agreement;
i
P10 5/85
d. Drainage for the subdivision shall be approved by the
Department of Public Works prior to recordation of the
final map.
e. The Declaration of Covenants, Conditions and Restrictions
shall be reviewed and approved by the Department of
Community Development and approved as to form by the City
Attorney prior to recordation of the final map
f . The Park and Recreation fees shall be paid or a surety
posted in an amount equal to the in-lieu fees and approved
as to form by the City Attorney prior to recordation of the
final map. If a surety is posted, the fees shall be
collected prior to issuance of building permits .
4 . It is also recommended that the City Council accept the
attached Irrevocable Standby Letters of Credit and instruct the
City Clerk to file them with the City Treasurer . It is further
recommended that the City Council accept the subdivision
agreements and instruct the City Clerk to file one copy and
return the second to the subdivider.
ANALYSIS•
SUBDIVIDER: Bartoli Company
17756 Samson Lane
Huntington Beach, CA 92648
ENGINEER: Eugene Bourbonnais
Valley Consultants, Inc.
LOCATION: 18862 Huntington Street
ACREAGE: 2 . 08
LOTS: 33
NO. OF UNITS: 32
ZONE: R2
GENERAL PLAN: Medium Density Residential
DISCUSSION•
The map has been examined and certified by the Director of Public
Works and the Secretary to the Planning Commission as being
substantially in accordance with the tentative map as filed with,
amended and approved by the Planning Commission.
RCA 12/2/91 -2- (1345D)
ENVIRONMENTAL STATUS:
This action to accept Final Map No. 14417 is exempt from the
requirements of the California Environmental Quality Act, Section
15268(b) .
On April 19, 1991, the Planning Commission approved Negative
Declaration No. 90-53 for the project.
FUNDING SOURCE:
Not applicable.
ATTACHMENTS:
1. Area map
2 . Subdivision Agreement
3 . Irrevocable Letters of Credit Nos .
a . 034-LCS-552069
b. 034-LCS-552070
c. 034-LCS-552071
d. 034-LCS-552081
MTU:MA:WC: lp
RCA 12/2/91 -3- (1345D)
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FT 14417 J'
HUNTINGTON BEACH
HUNTINGTON BEACH PLANNING DIVISION
Y CORRESPONDENT BANK COPY
A° .. f
d'
UN I OWN BANK• -
IN �.L.- Vt'GENTER L.A. - PAGE 01
P.O. ` BOX 2668 - CREDIT NUMBER
LOS ANGELESi . CA. 90051 - 034-LCS-552070
------------------------------------------------------------------------------------
UNION BANK ISSUED AN - DATE AND PLACE OF EXPIRY
IRREVOCABLE STANDBY LETTER OF CREDIT -
PLACE AND DATE OF ISSUE - 1992 OCT. 31
". LOS ANGELESI CA. - AT OUR COUNTER
1991 OCT. 17 -
------------------------------------------------------------------------------------
ADVISING BANK - -
-r A M O U N T
rM DIRECTLY
. r-. USD **_1 = 101 500. 00
THROUGH -
-------------------------------------------------=----------------------------------
APPLICANT - - BENEFICIARY - ----------
B.F..B. DEVELOPMENT , INC. - CITY OF HUNTINGTON BEACH
17756 • SAMPSON LANE - 2000 MAIN STREET
HUNTINGTON`.BEACHI CA 92649 - P.,O. SOX 190
UP4 ZN----BEACH, CA' 9.2648- . .....
p -------------- - r 'L - '-�- -----------------------------
i` - PARTIAL DRAWINGS ACCEPTABLE
CREDIT AVAILABLE WI
ISSUING - BANK .G``' -
- DRAFT-S- AT / DRAWN ON
- SIGHT
- FOR 100 PERCENT OF STATEMENT VALUE
- DRAWN ON ISSUING BANK
. --------------------------------------------------------------------=--------------=
.DOCUMENTS• TO BE PRESENTED-
WE HEREBY ISSUE IN- YOUR FAVOR THIS STANDBY CREDIT WHICH IS
AVAILABLE BY PAYMENT OF YOUR DRAFTS AT SIGHT DRAWN ON UNION
BANK LOS ANGELES , INTERNATIONAL OPERATIONS CENTERI BEARING
THIS CREDIT NUMBER , DATE OF ISSUE AND NAME OF ISSUING .BANK
WHEN ACCOMPANIED BY THE FOLLOWING DOCUMENTS -
YOUR SIGNED `AND NOTARIZED STATEMENT JUSTIFYING SUCH CLAIMS
AND PAYMENT. YOUR STATEMENT MUST ACCOMPANY A COPY OF THE
SIGNED COPY OF THE AGREEMENT WHICH JUSTIFIES SUCH CLAIMS.
YOUR STATEMENT MUST STATE SPECIFICALLY THAT THE AMOUNT OF
YOUR DRAFTS WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED
AMOUNTS.
YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF
:. NON PERFORMANCE AND THE AMOUNT OF YOUR DRAFT-S- DRAWN
HEREUNDER WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED
mND.N. :PERFORMANCE. A PHOTOCOPY OF RELATIVE AGREEMENT FOR
.;''WHI.C'H NON PERFORMANCE IS BEING CLAIMED MUST ALSO BE
C ONT:I NUE
r CORRESPONDENT BANK COPY
ONIOM BANK — CONTINUE
INT'L QRiaG,ENTER L.A. — PAGE 02
P.O. BOX 2668 — CREDIT NUMBER
LOS ANGELES) CA. 90051 — 034—LCS-552070
APPLICANT — — BENEFICIARY — ----------
S.F. B. . DEVELOPMENT , INC. — CITY OF HUNTINGTON .BEACH
17756 SAMPSON LANE — 2000 MAIN STREET
HUNTINGTON BEACH, CA 92649 — P.O. BOX 190
— HUNTINGTON BEACH) CA 92648
------------------------------------------------------------------------------------
INCLUDED.
YOUR CLAIMS ARE RESTRICTED TO THE PAYMENT FOR THE CONSTRUCTION
OF - STREETS, INCLUDING EXCAVATION, PAVING1 CURBSp . GUTTERSp
SIDEWALKS AND OTHER RELATED ITEMS— SEWERS) INCLUDING
CONSTRUCTION OF MAIN. LINESI HOUSE LATERALS AND FIRE
HYDRANTS, STORM DRAIN FACILITIES, STREET LIGHTS1
UNDERGROUND ELECTRIC SYSTEM INCLUDING MAIN LINEI
SECONDARIES AND SERVICE LATERALS1 STREET SIGNSI ENGINEERING
COST-1 LANDSCAPING AND IRRIGATION WITHIN PUBLIC RIGHT OF WAYI
FINE GRADING,. HIKING AND EQUESTRIAN TRAILS ] RELATED TO TRACT
NO. 14417 CITY OF HUNTINGTON BEACHI COUNTY OF ORANGEI STATE
OF CALIFORNIA , ALL AS REQUIRED BY CONDITIONS OF APPROVAL
OF THE AFORESAID SUBDIVISION MAP AND SUB DIVISION AGREEMENT
. AND SUCH OTHER STRUCTURES OR IMPROVEMENTS AS REQUIRED BY
ORDINANCE OF CITY COUNCIL .
`SPECIAL INSTRUCTIONS
P.ART.I AL DRAWI NGS- ARE. -PERM I TTED. I F RAW F
jjJyNGS ARE .AL_L`0'4ED I IMF
P .y iP t-
INSTALLMENTS WITHIN GIVEN PERIODS ANi 7H[;'`DRAISVINGr�IS MADE FOR AN
4.7u ..c<
INSTALLMENT W I THIN THE AP °ICABt .. PER`IDO� THE CREDIT SHALL NOT
BE AVAILABLE FOR SUB Si � INSTALLMENTS.
IT IS' A CONDITION OF- TAi`1!i LETTER OF CREDIT THT IT SHALL BE
AlJTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR ONE YEAR FROM THE
PRESENT EXPIRATION DATE THEREOF UNLESS 30 DAYS PRIOR TO STATED
EXPIRATION DATE WE SHALL NOTIFY THE BENEFICIARY IN WRITING THAT
WE ELECT NOT TO CONSIDER THIS LETTER OF CREDIT RENEWABLE FOR ANY
ADDITIONAL PERIOD.
THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY
CREDITS —1983 REVISION— INTERNATIONAL CHAMBER OF COMMERCEI PUBLICATION NUMBER
. 400.
UNION BANK ENGAGES WITH YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS CREDIT WILL BE HONORED ON DELIVERY OF DOCUMENTS AS
'SPECIFIED IF PRESENTED AT THIS OFFICE.
UNION BANK
APPROVED AS TO FORMv
_ ______ ____ GAIL HUTTON, City Attorney
AUTHORIZED S.I GNATUR By: Deputy City Attorney
E N D
h CORRESPONDENT BANK COPY '
UNION BANK -
1 NT I L OP, C.•ENTER L.A. - PAGE 01
P.O. BOX"'2668 - CREDIT 'NUMBER
LOS ANGELES1 CA. 90051 - 034-LCS-552071
------------------------------------------------------------------------------------
UNION BANK ISSUED AN - DATE AND PLACE OF EXPIRY
IRREVOCABLE STANDBY LETTER OF CREDIT -
PLACE AND DATE OF ISSUE - 1992 OCT. 31
LOS ANGELES, CA. AT OUR COUNTER
1991 OCT. 17 -
------------------------------------------------------------------------------------
ADVISING BANK - -
YY . , A M 0 U N T
I—* DIRECTLY -
USD 50, 750. 00
�.. THROUGH
APPLICANT - BENEFICIARY - ----------
B.F.B. DEVELOPMENT1 INC . - CITY OF HUNTINGTON BEACH
177Sb SAMPSON LANE - 2000 .MAIN STREET , P.O. BOX 190
HUNTINGTON BEACH). C.ALIFORN,IA 92649 HUNTINGTON BEACHI CALIFORNIA 92648
CREDIT AVAILABLE WITH ,i - PARTIAL DRAWINGS ACCEPTABLE
ISSUING BANK -
- DRAFT-S- AT / DRAWN ON
SIGHT
- FOR 100 PERCENT OF STATEMENT VALUE
- DRAWN ON ISSUING BANK
-------------------------------------------------------------------------------------
DOCUMENTS TO BE PPESENTED-
WE HEREBY ISSUE IN YOUR FAVOR THIS STAND BY CREDIT WHICH IS
: AVAILABLE BY PAYMENT OF YOUR DRAFTS AT SIGHT DRAWN ON UNION BANK
INTERNATIONAL OPERATIONS CENTER LOS ANGELESI BEARING THIS CREDIT
NUMBER, DATE OF ISSUE AND NAME OF ISSUING BANK WHEN ACCOMPANIED
BY THE FOLLOWING DOCUMENTS-
YOUR SIGNED AND NOTARIZED STATEMENT JUSTIFYING SUCH CLAIM AND
PAYMENT, YOUR STATEMENT MUST ACCOMPANY A COPY OF THE SIGNED
COPY OF THE AGREEMENT WHICH JUSTIFIES SUCH CLAIMS.
YOUR STATEMENT MUST STATE SPECIFICALLY THAT THE AMOUNT OF YOUR .
DRAFTS WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED AMOUN T PAN,
YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF NONv� v!,=.
PERFORMANCE AND AMOUNT OF YOUR DRAFT-S- DRAWN HEREUNDER WILL BE
USED BY YOU TO RECTIFY SUCH CLAIMED NON PERFORMANCE.
A PHOTOCOPY OF RELATIVE AGREEMENT FOR WHICH NON PERFORMANCE I:S
BEING CLAIMED MUST ALSO BE INCLUDED.
YOUR CLAIMS ARE RESTRICTED TO THE PAYMENT FOR THE .CONSTRUCTION
CONTINUE
CORRESPONDENT BANK COPY.
UNION BANK - CONTINUE
INT 'L OP-.-CENTER L.A. - PAGE 02
P.O. 80X'y2668 - CREDIT NUMBER =:-;•; :-;_
LOS ANGELES1 CA. 90051 - 034-LCS-552071
------------------------------------------------------------------------------------
APPLICANT - - BENEFICIARY - ----------
B.F.B. DEVELOPMENT ) INC. - CITY OF HUNTINGTON - BEACH
17756 SAMPSON LANE - 2000 MAIN STREETI P.O. BOX 190
HUNTINGTON BEACH) CALIFORNIA 92649 - HUNTINGTON BEACHI CALIFORNIA 92648
U.S.A. - U.S. A.
------------------------------------------7------------------------------------------
OF STREETS1 INCLUDING EXCAVATION1 PAVINGI CURBS) GUTTERS,
SIDEWALKS1 AND OTHER RELATED ITEMS- SEWERS) INCLUDING
CONSTRUCTION OF MAIN LINES) HOUSE LATERALS AND FIRE HYDRANTSI
STORM DRAIN FACILITIES1 STREET LIGHT91 UNDERGROUND ELECTRIC
SYSTEMS INCLUDING 'MAIN LINESP SECONDARIES AND SERVICE LATERALS1
STREET SIGNS1 ENGINEERING COSTI LANDSCAPING AND IRRIGATION
WITHIN PUBLIC RIGHT OF WAY, FINE GRADING1 HIKING AND EQUESTRIAN
TRAILS , RELATED TO TRACT NO. 14417 CITY OF HUNTINGTON BEACH)
COUNTY OF ORANGE : STATE OF CALIFORNIAl ALL AS REQUIRED BY
CONDITIONS OF APPROVAL OF THE AFORESAID SUB DIVISION MAP AND
SUB DIVISION AGREEMENT AND SUCH OTHER STRUCTURES. OR
IMPROVEMENTS AS REQUIRED BY ORDINANCE OF CITY COUNCIL.
PARTIAL DRAWINGS ARE PERMITTED. IF DRAWINGS ARE ALLOWED IN
INSTALLMENTS WITHIN GIVEN PERIODS AND NO DRAWING IS MADE FOR AN
INSTALLMENT WITHIN THE APPLICABLE PERIOD), THE CREDIT SHALL BE
AVAILABLE FOR SUBSEQUENT INSTALLMENTS.
IT. I.S _A CQND I T I ON.-OF- THIS LETTER _OF CREDIT THAT IT SHALL BE
AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR 1 YEAR FROM THE
PRESENT EXPIRATION DATE THEREOF UNLESS 30 DAYS PRIOR TO STATED
EXPIRATION DATE WE SHALL. NOTIFY THE BENEFICIARY IN WRITING THAT
.WE ELECT NOT TO CONSIDER THIS LETTER OF CREDIT RENEWABLE FOR
ANY ADDITIONAL PERIOD.
THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY
CREDITS - 1983 REVISION- INTERNATIONAL CHAMBER OF COMMERCE1 PUBLICATION NUMBER
400.
UNION BANK ENGAGES WITH YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS CREDIT WILL BE HONORED ON DELIVERY OF DOCUMENTS AS
SPECIFIED IF PRESENTED AT THIS OFFICE.
'UNION BANK
5
AUTHORIZED SIGNATURE
END
APPROV0-1S
GAIT;HUON. `City Attorney
•G
By: Deputy City Attorney
CORRESPONDENT BANK COPY
U N I Ot'L--BAlN lfy —
INT 'L OP' CENTER L.A. PAGE 01
P.O. BOX 1 2668 — CREDIT NUMBER
LOS ANGELES1 CA. 90051 — 034—LCS-552069
------------------------------------------------------------------------------------
UNION BANK ISSUED AN — DATE AND PLACE OF EXPIRY
IRREVOCABLE STANDBY LETTER OF CREDIT —
PLACE AND DATE OF ISSUE — 1992 OCT. 31
LOS ANGELESI CA. — AT OUR COUNTER
1991 OCT. 17 -
-----------------=------------------------------------------------------------------
ADVISING BANK —
A. M 0 U N T e,
DIRECTLY ` . .
THROUGH -
-------------------------------------------------------------------=----------------
APPLICANT — BENEFICIARY — ----------
B.F.B. DEVELOPMENT , INC. — CITY. OF HUNTINGTON BEACH
17756 SAMPSON LANE — 2000 MAIN STREET, P.O. BOX 190
HUNTINGTON BEACHp CALIFORN:IA 92649 . HUNTINGTON BEACH.) CALIFORNIA 92649
U.S.A. . U.S.A.
r ------------------------------------------------------------------------------------
CREDIT AVAILABLE WITH — PARTIAL DRAWINGS ACCEPTABLE,
ISSUING BANK —
DRAFT—S— AT / DRAWN ON
SIGHT
FOR 100 PERCENT OF STATEMENT VALUE
DRAWN . ON ISSUING BANK
t: -------- --- ----------------------------------------------- --------------------
DOCUMENTS TO BE PRRESENTED—
. WE HEREBY ISSUE IN YOUR FAVOR THIS STAND BY CREDIT WHICH IS
AVAILABLE BY PAYMENT 'OF YOUR DRAFTS AT SIGHT DRAWN ON UNION BANK
INTERNATIONAL OPERATIONS CENTER LOS ANGELES) BEARING THIS CREDIT.
- NUMBER, DATE- OF ISSUE AND NAME OF ISSUING BANK- WHEN ACCOMPANIED
- BY THE FOLLOWING DOCUMENTS—
YOUR. SIGNED AND NOTARIZED STATEMENT JUSTIFYING SUCH CLAIM AND
PAYMENT. YOUR STATEMENT MUST ACCOMPANY A COPY OF THE SIGNED
COPY OF T•HE AGREEMENT WHICH JUSTIFIES SUCH CLAIMS.
YOUR STATEMENT MUST STATE SPECIFICALLY THAT THE AMOUNT OF YOUR
DRAFTS WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED AMOUNTS . ,
YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF NON
PERFORMANCE AND THE AMOUNT OF YOUR DRAFT—S— DRAWN HEREUNDER
WILL BE USED BY YOU TO RECTIFY SUCH CLAIMED NON PERFORMANCE.
: A PHOTOCOPY OF RELATIVE AGREEMENT FOR WHICH NON PERFORMANCE IS
— BEING CLAIMED MUST ALSO BE INCLUDED.
CONTINUE
ram.;_ - s
CORRESPONDENT BANK COPY
a
U N I B' NIA. - CONTINUE
INTIL OP CENTER L.A. - PAGE 02
P.O. BOX -2668 - CREDIT NUMBER
LOS ANGELES1 CA. 90051 - 034-LCS-552069
--------------------------------------------------------------=---------------------
APPLICANT - - BENEFICIARY ----------
B.F.B. DEVELOPMENT1 INC. - CITY OF HUNTINGTON BEACH
17756 SAMPSON LANE - 2000 MAIN STREET , P.O. BOX 190
HUNTINGTON BEACH, CALIFORNIA 92649 - HUNTINGTON BEACH, CALIFORNIA 92649
U.S.A. - U.S.A.
------------------------------------------------------------------------------------
YOUR CLAIMS ARE RESTRICTED TO PAYMENT OF COST RELATED TO THE
ISSUANCE OF A SURVEY AND ESTABLISHMENT OF MONUMENTS DESCRIBED
IN THE CERTIFICATE FILED IN CONJUNCTION WITH TRACT NO, 14417 IN
THE CITY OF HUNTINGTON BEACH.
PARTIAL DRAWINGS ARE PERMITTED. IF DRAWINGS ARE ALLOWED IN
INSTALLMENTS 'WITHIN GIVEN PERIODS AND NO DRAWING IS MADE FOR AN
INSTALLMENT WITHIN THE APPLICABLE PERIOD, THE CREDIT SHALL BE
AVAILABLE FOR SUBSEQUENT INSTALLMENTS.
IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT WILL BE
AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR 1 YEAR FROM THE
PRESENT EXPIRATION DATE THEREOF UNLESS 30} DAYS PRIOR TO STATED.
EXPIRATION DATE WE SHALL NOTIFY THE BENEFICIARY IN WRITING THAT
WE ELECT- NOT TO CbNSIDER THIS LETTER dF CREDIT RENEWABLE- FOR
ANY ADDITIONAL PERIOD.
THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY
CREDITS -1983 REVISION- INTERNATIONAL CHAMBER OF COMMERCEI PUBLICATION NUMBER
400.
UNION BANK ENGAGES WITH YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS CREDIT WILL BE HONORED ON DELIVERY OF DOCUMENTS AS
SPECIFIED 'IF PRESENTED AT THIS OFFICE.
J.
UNION BANK
;AUTHORIZED SIGNATURE
END.,
APPROVED AS TO FORM:
GAIL HUTTON, City Attorney
By:; Deputy City Attorney
- CORRESPONDENT BANK COPY
f
.UNION BANK —
INT@L, 6JP`'-0L-LATER L.A. — PAGE 01
P.O.' BOX 2668 — CREDIT NUMBER
LOS ANGELES1 CA. 90051 — 034—LCS-552081
-------------------------------------------------------------------------------------
UNION BANK ISSUED AN — DATE AND PLACE OF EXPIRY
IRREVOCABLE STANDBY LETTER OF CREDIT —
PLACE AND DATE OF ISSUE 1992 OCT. 31
LOS ANGELES ) CA. — AT OUR COUNTER
1991 OCT. 18 —
ADVISING BANK — —
:r*,.z DIRECTLY —
— ;"- •" USD =;w74 370 .53
THROUGH —
------------------------------------------------------------------------------------
APPLICANT — — BENEFICIARY — ----------
B.F.B. DEVELOPMENT , INC. — CITY OF HUNTINGTON BEACH
17756 SAMPSON LANE — 2000 MAIN STREET
HUNTINGTON BEACH) CA . 92649 — P.O. Box 190
U.S.A. — HUNTINGTON BEACHI CA 92648
- ------------------------------------------------------------------------------------
CREDIT AVAILABLE 'WITH — PARTIAL DRAWINGS ACCEPTABLE
ISSUING BANK —
DRAFT—S— AT / DRAWN ON
SIGHT
FOR 100 PERCENT OF STATEMENT VALUE-
- DRAWN ON ISSUING BANK
• ------------------------------------------------------------------------------------
DOCUMENTS TO BE PRESENTED —
WE HEREBY ISSUE IN YOUR FAVOR THIS STAND BY CREDIT WHICH IS
AVAILABLE BY PAYMENT OF YOUR DRAFTS AT SIGHT DRAWN ON UNION
BANK LOS ANGELES , I_NTERNATIO.N-AL OPERATIONS CENTERI BEARING
THIS CREDIT NUMBER) DATE OF ISSUE AND NAME IF ISSUING BANK
WHEN ACCOMPANIED BY THE FOLLOWING DOCUMENTS
YOUR SIGNED AND NOTARIZED STATEMENT JUSTIFYING SUCH
CLAIMS AND PAY.MENT. YOUR STATEMENT MUST ACCOMPANY A
COPY OF THE SIGNED COPY OF THE AGREEMENT WHICH JUSTIFIES
SUCH CLAIMS. s
YOUR STATEMENT MUST STATE SPECIFICALLY THAT THE AMOUNT
OF YOUR DRAFTS WILL BE USED BY YOU TO RECTIFY SUCH
CLAIMED AMOUNTS.
YOUR STATEMENT MUST INDICATE SPECIFICALLY SUCH CLAIMS OF
NON PERFORMANCE AND THE AMOUNT OF YOUR DRAFT—S— DRAWN
HEREUNDER WILL BE USED BY YOU. TO RECTIFY SUCH CLAIMED
NON PERFORMANCE. A PHOTOCOPY OF RELATIVE AGREEMENT FOR
CONTINUE
CORRESPONDENT BANK COPY
UNION BANK - CONTINUE r
INTIL, OP CENTER L.A. - PAGE 92
P.O.'. BOX:- 2668 - CREDIT NUMBER
LOS ANGELES, CA. 90051 - 034-LCS-552081
-----=-------=------------------------------------------------------
---------- - --
APPLICANT - BENEFICIARY - ------- -
- B.F.B. DEVELOPMENTI INC. - CITY OF HUNTINGTON, BEACH
17756 SAMPSON .LANE 2000 MAIN STREET.
HUNTINGTON BEACH, CA. 92.649 - P.O. BOX 190
U.S.A. HUNTINGTON BEACHI `>CA- 92648
------------------------------------------------- --------------------
WHICH ---�p---------
WHICH NON PERFORMANCE 'IS..;BEING CLAIMED MUST ALSO BE
INCLUDED.
YOUR CLAIMS ARE RESTRICTED TO TRE.:-'NON PAYMENT OF PARK AND
RECREATIONAL FEES PURSUANT TO ARTICLE'1996 S OF THE
H.UNTINGTON- aEAbi ORDINANCE CODE PRIOR TO ,T"HE ISSUANCE
OF A CERTIFICATE OF- OCCUPANCY FOR THE FIRST UNIT-..I:N
TRACT 40. 1441.7 IN THE CITY OF HUNT I NGTON •.BEACH OR P'R-:I,OR
TO. THE FINAL ' INSPECTION OF THE FIRST UNIT IN' THE SAID
TRACTI WHICHEVER EVENT SHALL FIRST-"OCCUR. f
SPECIAL INSTRU.CT.I ONS -
'' PARTIAL DRAWINGS. ARE PERMITTED-. IF DRAWINGS ARE ALLOWED IN
z I-NSTALLMENTS WITHIN GIVEN -PERIODS AND�P}0 DRAWING IS MADE FOR .
-AN INSTALLMENT WITHIN THE APPLICABLE'`PERIOD-j THE CREDIT SHALL.
NOT BE AVAILABLE FOR SU6SEOUENT INSTALMENTS. J
IT IS A CONDITION OF , THIS LETTER OF CR€.DIT THAT IT SHALL,-BE "
AUTOMATICALLY EXTENDED WITHOUT AMENDMENT FOR ONE YEAR FROM'--THE
PRESENT.- EXPIRATION PRESENT.- EXPIRATION DATE THEREOF UNLESS 30 DAYS PRIOR TO:
STATED EXPIRATION DATE WE SHALL NOTIFY .THE .BELIEF IC I ARY IN
WRITING .THAT WE . ELECT NOT TO CONSIDER THIS LETT;ER? OF CREDI1,
RENEWABLE FOR>:ANY 'ADDITIONAL PERIOD.
TH-I-S CREDIT IS SUBJECT TO THE UNIFORTA CUSTOMS-'AND. PRACTICE 'FOR DOCUMENTARY
'CREDI•TS '-1983 REVISION- INTERNATIONAL CHAMBER OF COMMERCE, %PUBLI-CATION NUMBER
400. I
UNION BANK. -ENGAGES WITH YOU THAT ALL DRAFTS DRAWN UNDER AND IN COMPLIANCE 1141TH
THE TERMS OF THIS CREDIT WILL BE HONORED ON DELIVERY OF DOCUMENTS AS
SPEC IFLED IF PRESENTED AT TH-IS OFFICE. ti
UNION BANK..
AUTHORIZED SIGNATU -
r END .