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HomeMy WebLinkAboutAGENDA REPORT 2020 1104 CCSA REG ITEM 10LCITY OF MOORPARK, 
CALIFORNIA City Council Meeting of November 4, 2020 ACTION Approved Staff Recommendation, Including Adoption of Resolution No. 2020- 3971. (Roll Call Vote: Unanimous). BY B.Garza. L. Consider the Resolution Exonerating Grading, Erosion and Sediment Control Surety Bond for Improvements at the Southwest Corner of Everett Street and Walnut Street (Walnut Street Apartments) for the McCarthy Companies. Staff Recommendation: 1) Adopt Resolution No. 2020-____, exonerating Grading, Erosion and Sediment Control Surety Bond Number 106657883; and 2) Authorize the City Clerk to exonerate the Bond as shown in the agenda report and draft resolution. (Staff: Daniel Kim) Item: 10.L. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Daniel Kim, City Engineer DATE: 11/04/2020 Regular Meeting SUBJECT: Consider the Resolution Exonerating Grading, Erosion and Sediment Control Surety Bond for Improvements at the Southwest Corner of Everett Street and Walnut Street (Walnut Street Apartments) for the McCarthy Companies BACKGROUND On June 1, 2017, staff issued Grading Permit 261G for grading and site improvements associated with the development of the Walnut Street Apartments, located at 20 Everett Street (southwest corner of Everett Street and Walnut Street). As part of permit issuance, a surety is required to ensure that the improvements, as shown on Moorpark Drawing No. 17-ML-11056, are completed in accordance to the approved plans and specifications. DISCUSSION The grading and site improvements are constructed and were accepted by City staff on December 11, 2018. The improvements have performed beyond the one-year warranty period and staff recommends that the following bond be exonerated: Surety Type Bond Number Original Bond Amount Prior Authorization Action Authorized Action as of 11/04/2020 Grading, Erosion and Sediment Control Surety Bond 106657883 $412,650.00 None Exonerate Item: 10.L. 361 Honorable City Council 11/04/2020 Regular Meeting Page 2 FISCAL IMPACT None. COUNCIL GOAL COMPLIANCE This action does not support a current strategic directive. STAFF RECOMMENDATION 1. Adopt Resolution No. 2020-____, exonerating Grading, Erosion and Sediment Control Surety Bond Number 106657883; and 2. Authorize the City Clerk to exonerate the Bond as shown in the agenda report and draft resolution. Attachment: Draft Resolution No. 2020-____ 362 ATTACHMENT RESOLUTION NO. 2020-___ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, EXONERATING THE GRADING, EROSION AND SEDIMENT CONTROL SURETY BOND FOR IMPROVEMENTS AT THE SOUTHWEST CORNER OF EVERETT STREET AND WALNUT STREET (WALNUT STREET APARTMENTS), MCCARTHY COMPANIES. WHEREAS, the City Council approved grading and related site improvements at the southwest corner of Everett Street and Walnut Street, within the City of Moorpark; and WHEREAS, the City Engineer has accepted the grading and improvement work at southwest corner of Everett Street and Walnut Street, and City staff now recommends that the City Council fully exonerate the Grading, Erosion and Sediment Control 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, Erosion and Sediment Control Bond Number 106657883. 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 November, 2020. Janice S. Parvin, Mayor ATTEST: Ky Spangler, City Clerk 363