Loading...
HomeMy WebLinkAboutAGENDA REPORT 1998 0218 CC REG ITEM 11IAGENDA REPORT CITY OF MOORPARK T��tt. I. IT�� 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 LASSEN AVENUE LASSEN Q w AVENUE Cr :D W ar z > w w Q U) > Q z J H cl) Y Q Z Q cl) a LOS ANGELES AVENUE LIBERTY BELL ROAD VICINITY MAP 000ILWi