HomeMy WebLinkAboutAGENDA REPORT 2018 0905 CCSA REG ITEM 10MCITY OF MOORPARK,
CALIFORNIA
City Council Meeting
of 09.05.2018
ACTION Approved staff
recommendation. Adopted
Reso No. 2018-3741
BY M. Benson
M. Consider Resolution Exonerating Grading and Improvements Surety Bonds for
Tract 5425 Parcel X, Shea Homes LP. Staff Recommendation: 1) Adopt
Resolution No. 2018-____ exonerating the Grading and Improvements
Performance and Payment Bond Numbers 0197071 and 0197070; and 2)
Authorize the City Clerk to exonerate the Bonds as shown in the agenda report
and draft resolution.
Item: 10.M.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Sean Corrigan, City Engineer/Public Works Director
DATE: 09/05/2018 Regular Meeting
SUBJECT: Consider Resolution Exonerating Grading and Improvements Surety
Bonds for Tract 5425 Parcel X, Shea Homes LP
BACKGROUND
Grading and improvement work to construct storm drain infrastructure at the edge of the
Arroyo Simi was accomplished by Shea Homes LP. This area is defined as Parcel X of
Tract 5425. The grading and improvement work was accepted by the Ventura County
Watershed Protection District on July 20, 2018.
DISCUSSION
Staff recommends that the following bonds be exonerated:
SURETY
TYPE BOND
NUMBER ORIGINAL BOND
AMOUNT
PRIOR
AUTHORIZED
REDUCTION
AUTHORIZED
ACTION OF
9/5/2018
Grading 0197071 $9,010.60 None Exonerate
Performance & Payment,-
Improvements
0197070 $210,068.53 None Exonerate
FISCAL IMPACT
None
STAFF RECOMMENDATION
1. Adopt Resolution No. 2018-____ exonerating the Grading and Improvements
Performance and Payment Bond Numbers 0197071 and 0197070; and
2. Authorize the City Clerk to exonerate the Bonds as shown in the agenda report
and draft resolution.
Attachment: Resolution No. 2018-___
Item: 10.M.
228
Attachment 1
RESOLUTION NO. 2018-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, EXONERATING GRADING
AND IMPROVEMENTS BONDS FOR PARCEL X, TRACT
5425, SHEA HOMES LP
WHEREAS, the Ventura County Watershed Protection District has approved the grading and
improvements work to construct storm drain infrastructure at the edge of the Arroyo Simi, and City
staff now recommends that the City Council fully exonerate the grading and improvements
bonds; and
WHEREAS, the City Council approved the Tract 5425 grading and related
improvements to construct stormwater infrastructure within the City of Moorpark.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council of the City of Moorpark hereby exonerates
Grading Bond Number 0197071 and Improvements Performance and Payment Bond
Number 0197070.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this __ day of _____, 2018 .
Janice S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerk\
229