HomeMy WebLinkAboutAGENDA REPORT 2020 1021 CCSA REG ITEM 10KCITY OF MOORPARK, CALIFORNIA
City Council Meeting
of October 21, 2020
ACTION Pulled from the Agenda to a Date
Uncertain. BY B.Garza.
K. Consider Resolution Exonerating Monument Bonds for K. Hovnanian at Meridian
Hills, LLC – Tracts 5405, 5187-1 and 5187-2. Staff Recommendation: 1) Adopt
Resolution No. 2020-____, exonerating Monumentation Bond Numbers
SNO4002555, SNO4002554, and SNO4002553; and 2) Authorize the City Clerk
to exonerate the Bonds as shown in the agenda report and draft resolution.
(Staff: Dan Kim)
Item: 10.K.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Daniel Kim, Interim City Engineer
DATE: 10/21/2020 Regular Meeting
SUBJECT: Consider Resolution Exonerating Monument Bonds for K. Hovnanian
at Meridian Hills, LLC – Tracts 5405, 5187-1 and 5187-2
BACKGROUND
The former City Engineer/Public Works Director inspected survey monuments set for
Tracts 5405, 5187-1 and 5187-2 on September 24, 2020, and deemed those
monuments and related documentation to be complete.
DISCUSSION
On September 24, 2020, the former City Engineer/Public Works Director inspected the
survey monuments set for Tracts 5405, 5187-1, and 5187-2 and verified and
determined the monumentation work to be complete. Based on this determination, staff
has accepted the survey improvements and recommends that the following bonds be
exonerated:
SURETY
TYPE
BOND
NUMBER ORIGINAL
BOND
AMOUNT
PRIOR
AUTHORIZED
REDUCTION
AUTHORIZED
ACTION OF
10/21/2020
Surety Bond
Monuments T5405
SNO4002555 $22,418.23 None Exonerate
Surety Bond
Monuments T5187-1
SNO4002554 $189,929.87 None Exonerate
Surety Bond
Monuments T5187-2
SNO4002553 $167,013.29 None Exonerate
FISCAL IMPACT
None.
COUNCIL GOAL COMPLIANCE
This action does not support a current strategic directive.
Item: 10.K.
522
Honorable City Council
10/21/2020 Regular Meeting
Page 2
STAFF RECOMMENDATION
1. Adopt Resolution No. 2020-____, exonerating Monumentation Bond Numbers
SNO4002555, SNO4002554, and SNO4002553; and
2. Authorize the City Clerk to exonerate the Bonds as shown in the agenda report
and draft resolution.
Attachment: Draft Resolution No. 2020-___
523
ATTACHMENT
RESOLUTION NO. 2020-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, EXONERATING THE
MONUMENTATION BONDS FOR TRACTS 5405, 5187-1,
AND 5187-2, K. HOVNANIAN AT MERIDIAN HILLS, LLC
WHEREAS, the City Council approved Tract Maps 5405, 5187-1 and 5187-2 within
the City of Moorpark; and
WHEREAS, the City Engineer/Public Works Director inspected survey monuments
set for Tracts 5405, 5187-1, and 5187-2 on September 24, 2020 and deemed those
monuments and related documentation to be complete; and
WHEREAS, City staff now recommends that the City Council fully exonerate the
monumentation bonds for Tracts 5405, 5187-1, and 5187-2.
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
Monumentation Bond Numbers SNO4002555, SNO4002554, and SNO4002553.
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 21st day of October, 2020.
Janice S. Parvin, Mayor
ATTEST:
Ky Spangler, City Clerk
524