HomeMy WebLinkAboutAGENDA REPORT 2019 0717 REG CCSA ITEM 10GCITY OF MOORPARK,
CALIFORNIA
City Council Meeting
of July 17, 2019
ACTION A pproved Staff
Recommendation. BY
B.Garza
G. Consider Release of Surety (Cash Deposit Performance Bond) for Toll Land XX
LP (The Masters at Moorpark Country Club Estates - RPD 2003-05, Tract 5463).
Staff Recommendation: Authorize the City Clerk to release the $100,000 cash
deposit performance bond referenced in the agenda report for Toll Land XX LP.
(Staff: Joseph Fiss)
Item: 10.G.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Joseph Fiss, Planning Manager
DATE: 07/17/2019 Regular Meeting
SUBJECT: Consider Release of Surety (Cash Deposit Performance Bond) for
Toll Land XX LP (The Masters at Moorpark Country Club Estates -
RPD 2003-05, Tract 5463)
BACKGROUND
On December 6, 2006, the City Council adopted Resolution No. 2006-2541, approving
Residential Planned Development No. 2003-05 and Vesting Tentative Map No. 5463 for
approval of 49 homes on 43.04 acres. City Council approval of the entitlements
included both standard and project-specific conditions of approval.
Condition No. 12. states “Prior to the occupancy of the first dwelling, the Developer shall
provide an enclosure to house and reduce the noise that emanates from the existing
emergency generator at Ventura County Waterworks District No. 1, Well No. 15, to an
acceptable level as determined by Waterworks District 1 and the Community
Development Director.”
DISCUSSION
Due to delays in approval from Waterworks District 1, the applicant was unable to install
the enclosure prior to occupancy of the first dwelling. In order to guarantee installation
of the enclosure, the Community Development Department required a $100,000 cash
deposit performance bond. A City Zoning Clearance and Building Permit were issued,
and the enclosure was installed in 2016, subject to Waterworks District standards. Prior
to final inspection, the Community Development Director determined, through staff
observation, the noise was reduced to an acceptable level.
The applicant has requested release of the surety.
Item: 10.G.
329
Honorable City Council
7/17/2019 Regular Meeting
Page 2
The following is the applicable bond:
SURETY
TYPE
BOND
NUMBER
ORIGINAL
BOND AMT.
PRIOR
AUTHORIZED
ACTION
AUTHORIZED
ACTION OF
7/17/2019
Cash Deposit None $100,000.00 NONE Release Bond
FISCAL IMPACT
None. The cash bond will be issued from the City’s General Deposit account 6000-000-
00000-22100.
STAFF RECOMMENDATION
Authorize the City Clerk to release the $100,000 cash deposit performance bond
referenced in the agenda report for Toll Land XX LP.
330