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HomeMy WebLinkAboutAGENDA REPORT 2004 0901 CC REG ITEM 10NMOORPARK CITY COUNCIL AGENDA REPORT ITEM 10* N. CITY OF MOORPARK, CALIFORNIA City Council Meeting Of 9- " 44901 ACTION: _. TO: Honorable City Council FROM: Brad Miller, City Engineer(' Prepared by Clara Magana, Assistant Engineer CA( DATE: July 17, 2004 (CC Meeting of 9/01/04) SUBJECT: Consider Exoneration of Sureties for Southern California Edison Access Road Project East of Arroyo Vista Community Park BACKGROUND Southern California Edison constructed an access road located on its property southwest of downtown Moorpark, east of the Arroyo Vista Community Park and south of and adjacent to the Arroyo Simi in the City of Moorpark. A vicinity map has been attached for reference. DISCUSSION Southern California Edison requests the exoneration of the 2 sureties on file with the City of Moorpark, associated with the above - mentioned project. These sureties guaranteed construction of the access road. All work covered under these sureties has been completed. The project construction did not entail any public improvements and the City has received the required as -built plans. Staff recommends that the bonds be exonerated. 000236 Honorable City Council September 01, 2004 Page 2 Provided below is a chart describing recommended actions by staff: STAFF RECOMMENDATION Authorize the City Clerk to exonerate performance and grading sureties #6114920 and #6114921. ATTACHMENT: 1. Exhibit `A' Vicinity Map RECOMMENDED BOND NO. TYPE BOND AMT. TI ACCTION 1 6114920 Performance and Payment $81,142.30 Exonerate 2 6114921 Grading $22,000.00 Exonerate STAFF RECOMMENDATION Authorize the City Clerk to exonerate performance and grading sureties #6114920 and #6114921. ATTACHMENT: 1. Exhibit `A' Vicinity Map