HomeMy WebLinkAboutAGENDA REPORT 2005 1207 CC REG ITEM 10CMOORPARK CITY COUNCIL
AGENDA REPORT
rrEM 10- G .
i TY O�' M000PARK, CALIFORNIA
".<ity Coune:ii Meeting
ACTION:_ e �40i .,, 6ed �
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TO: Honorable City Council
FROM: Barry Hogan, Community Development Directo
Prepared by Adam Burks, Assistant Engine
Reviewed by Earl Schwartz, Assistant Ci Engineer "-f
DATE: November 7, 2005 (City Council Meeting of
December 7, 2005)
SUBJECT: Consider Surety Bond Exoneration for Calabasas BCD
Incorporated (Tract 3492, Lots 15 & 16)
BACKGROUND
This project was a commercial development located on the
southeast corner of East Los Angeles Avenue and Condor Drive. A
vicinity map has been attached for reference per Exhibit `A'.
DISCUSSION
The developer requests the exoneration of the Surety Bond on
file with the City of Moorpark, associated with the
aforementioned development (see attached chart).
This Surety Bond guarantees the Grading on the premises known as
Calabasas BCD, Inc. (Tract 3492, Lots 15 & 16). Although
Improvement Plans were approved and Surety Bonds were procured,
the site was never graded to plan nor were there any
improvements constructed. Therefore areas of uncontrolled fill
exist on the site and future development will be required to
remove and recompact uncontrolled fill prior to any
improvements. The site has been restored to acceptable
conditions for site drainage only, and a note has been added to
the as -built plans as such. Staff recommends that the bond be
exonerated.
0002P16
Honorable City Council
November 7, 2005
Page 2
Provided below is a chart describing recommended actions:
STAFF RECOMMENDATION
Authorize the City Clerk to fully exonerate the above referenced
surety bond for Calabasas BCD, Inc. (Tract 3492, Lots 15 & 16).
ATTACHMENT
Exhibit `A' Location Map
BOND NO.
TYPE
BOND AMT
RECOMMENDED
ACTION
1
#83S103507028BCM
Surety Bond Grading
$50,000.00
Exonerate
STAFF RECOMMENDATION
Authorize the City Clerk to fully exonerate the above referenced
surety bond for Calabasas BCD, Inc. (Tract 3492, Lots 15 & 16).
ATTACHMENT
Exhibit `A' Location Map
EXHIBI7'A'
LOCATION MAP
VICINITY MAP
NO SCALE
0002'els