HomeMy WebLinkAboutAGENDA REPORT 2005 0216 CC REG ITEM 10DMOORPARK CITY COUNCIL
AGENDA REPORT
CITY OF MOORPARK, CALIFORNIA
City Council Meeting
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ACTION: i::,_AA
BY: `n
TO: Honorable City Council
FROM: Brad Miller City ineer
En �
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Prepared by Clara Magana, Assistant Engineer
DATE: January 20, 2005 (CC Meeting of 2/16/05)
SUBJECT: Consider Release of Letter of Credit for Moorpark
Club Partners, LLC
BACKGROUND /DISCUSSION
The project is located at 543 W. Los Angeles Avenue within
Mission Bell Plaza, a vicinity map has been attached for
reference.
The project is a grading and on -site improvements project. The
owner requests the release of the letter of credit on file with
the City of Moorpark, associated with the above - mentioned
project (see chart below). All work covered under the letter of
credit has been completed. Staff recommends that the letter of
credit be released.
Provided below is a chart describing recommended actions by
staff:
STAFF RECOb24ENDATION
Authorize the City Clerk to release the Letter of Credit #0491
ATTACHMENT:
1. Exhibit `A' Vicinity Map
000150
NO.
TYPE
AMT.
RECOMMENDED
ACTION
0491
Letter of Credit
$73,000.00
Release
STAFF RECOb24ENDATION
Authorize the City Clerk to release the Letter of Credit #0491
ATTACHMENT:
1. Exhibit `A' Vicinity Map
000150