HomeMy WebLinkAboutAGENDA REPORT 1998 0218 CC REG ITEM 11IAGENDA REPORT
CITY OF MOORPARK
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CrN OF MOORPARK, CAT,TT?ORNIA
City Council Mec'.
TO: THE HONORABLE CITY COUNCIL
FROM: DIRK LOVETT, ASSISTANT CITY ENGINEER
David Grantham Assistant Engineer g� BYE �. 1T
DATE: FEBRUARY 5, 1998 (CC MEETING OF FEBRUARY 18, 1998)
SUBJECT: EXONERATION OF BONDS - PARCEL MAP 4961
MISSION BELL PLAZA - PHASE II
BACKGROUND
The Mission Bell Plaza - Phase H project (Parcel Map 4961) is located adjacent to Los Angles Avenue
between Park Lane and Shasta Avenue. A vicinity map is attached for your reference. In
conjunction with the grading and improvement permits, Performance, Drainage, Monument and
Grading Bonds were posted.
DISCUSSION
All grading and site improvements have been completed and inspected. During the January 21, 1998
meeting the City Council authorized the exoneration of the drainage, performance and grading bonds.
At that time, monumentation for Parcel Map 4961 was unable to be inspected due to unresolved
issues. All issues have now been resolved and the monumentation is satisfactorily installed. It is
therefore appropriate to accept the monumentation as complete and exonerate the monumentation
bond.
RECOMMENDATION
1. Accept the monumentation for Parcel Map 4961, Mission Bell Plaza - Phase II as complete.
2. Authorize the City Clerk to release the monumentation security deposit.
CC BOND EX Mission Bell Ph 11 #2
00017Z
Current
Recommended
Reduced
Item
Type
Bond #
Surety Co.
Status
Action
Amount
American
A
Drainage
3SM88370000
Motorists
Exonerated
N/A
--
Insurance
American
B
Performance
3SM88555200
Motorists
Exonerated
N/A
--
Insurance
American
C
Grading
3SM88369900
Motorists
Exonerated
N/A
--
Insurance
American
D
Monuments
3SM88535100
Motorists
$3,757
Exonerate
--
Insurance
RECOMMENDATION
1. Accept the monumentation for Parcel Map 4961, Mission Bell Plaza - Phase II as complete.
2. Authorize the City Clerk to release the monumentation security deposit.
CC BOND EX Mission Bell Ph 11 #2
00017Z
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LOS ANGELES AVENUE
LIBERTY BELL ROAD
VICINITY MAP
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