HomeMy WebLinkAboutAGENDA REPORT 2020 0304 REG CCSA ITEM 10FCITY OF MOORPARK, CALIFORNIA
City Council Meeting
of March 4, 2020
ACTION Adopted Resolution No. 2020-
3893. BY B.Garza.
F. Consider Resolution Exonerating Grading and Improvements Surety Bond for
Tract 5187 Peters Ranch Driveway at Walnut Canyon Road for William Lyon
Homes, Inc. Staff Recommendation: 1) Adopt Resolution No. 2020-3893
exonerating Grading and Improvements Bond Number PB03010401303; and 2)
Authorize the City Clerk to exonerate the Bond as shown in the agenda report
and draft resolution. (Staff: Sean Corrigan)
Item: 10.F.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Sean Corrigan, City Engineer/Public Works Director
DATE: 03/04/2020 Regular Meeting
SUBJECT: Consider Resolution Exonerating Grading and Improvements Surety
Bond for Tract 5187 Peters Ranch Driveway at Walnut Canyon Road
for William Lyon Homes, Inc.
BACKGROUND
Grading, improvement and punchlist work at the Peters Ranch Driveway was
accomplished by William Lyon Homes, Inc. This work is delineated in drawing 12-ML-
10965. These improvements were required to provide secondary fire access to the
Meridian Hills neighborhood until Meridian Hills Drive is constructed through Hitch
Ranch. The work was accepted by the City Engineer on December 2, 2019.
DISCUSSION
Staff recommends that the following bond be exonerated:
SURETY
TYPE BOND
NUMBER ORIGINAL BOND
AMOUNT
PRIOR
AUTHORIZED
REDUCTION
AUTHORIZED
ACTION OF
3/4/2020
Grading & Improvements PB03010401303 $611,096.93 None Exonerate
FISCAL IMPACT
None.
COUNCIL GOAL COMPLIANCE
This action does not support a current strategic directive.
Item: 10.F.
110
Honorable City Council
03/04/2020 Regular Meeting
Page 2
STAFF RECOMMENDATION
1. Adopt Resolution No. 2020-____ exonerating Grading and Improvements Bond
Number PB03010401303; and
2. Authorize the City Clerk to exonerate the Bond as shown in the agenda report
and draft resolution.
Attachment: Draft Resolution No. 2020-___
111
ATTACHMENT
RESOLUTION NO. 2020-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, EXONERATING THE
GRADING AND IMPROVEMENTS BOND FOR TRACT
5187, PETERS RANCH DRIVEWAY AT WALNUT CANYON
ROAD, WILLIAM LYON HOMES, INC.
WHEREAS, the City Council approved the Tract 5187 grading and related
improvements within the City of Moorpark; and
WHEREAS, the City Engineer has accepted the grading and improvement work at
Peters Ranch Driveway at Walnut Canyon Road, and City staff now recommends that the
City Council fully exonerate the grading and improvements bond.
NOW , THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council of the City of Moorpark hereby exonerates
Grading and Improvements Bond Number PB03010401303.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 4th day of March, 2020.
Janice S. Parvin, Mayor
ATTEST:
Ky Spangler, City Clerk
112