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HomeMy WebLinkAboutAGENDA REPORT 2000 0216 CC REG ITEM 11CTO: FROM: DATE MOORPARK CITY COUNCIL AGENDA REPORT Honorable City Council 1-1, M 11. Co of i , btd BY: Dirk Lovett, Assistant City Engineer Prepared by Rick Valte, Assistant Civil Engineer qV January 28, 2000 (CC Meeting of 2/16/00) SUBJECT: CONSIDER THE ACCEPTANCE OF GRADING WORK AND APPROVAL OF SURETY EXONERATION FOR SINGLE FAMILY RESIDENCE ON 188 WICKS ROAD (EUGENE GALLICK) BACKGROUND This project is located at 188 Wicks Road. Work consisted of site grading and drainage improvements for a new single family home. A vicinity map is attached for your reference (see Exhibit A). DISCUSSION Construction and installation of all grading and drainage devices have been completed in accordance with the approved plans. The street was inspected and found to be in satisfactory condition at this time. A surety in the form of a $13,000 cashier's check is currently being held by the City. The developer is requesting the release of the surety at this time. All conditions for the exoneration of the securities have been completed. It is therefore appropriate to exonerate the securities as outlined in the following table: 00�i Recommended Surety Type Amount Action Cashier's Grading $13,000.00 Exonerate Check 00�i STAFF RECOMMENDATION: 1. Accept the improvements as complete. 2. Authorize the City Clerk to exonerate the Grading bond and return the monies to the Developer. cc: chror, File #88.322 EXHIBIT "A" LOCATION & VICINITY MAP PC