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HomeMy WebLinkAboutAGENDA REPORT 2021 0217 CCSA REG ITEM 10GCITY OF MOORPARK, 
CALIFORNIA City Council Meeting of February 17, 2021 ACTION Adopted Resolution No. 2021- 3996. (Roll Call Vote: 4-0, Councilmember Pollock Abstaining). BY B.Garza. G. 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. 2021-3996, 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: Daniel Kim) Item: 10.G. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Daniel Kim, City Engineer DATE: 02/17/2021 Regular Meeting SUBJECT: Consider Resolution Exonerating Monument Bonds for K. Hovnanian at Meridian Hills, LLC – Tracts 5405, 5187-1 and 5187-2 BACKGROUND Survey monuments are permanent markers that are set by a professional land surveyor to establish, reference, and mark a point on real property. Survey monuments are typically used to establish boundaries and vertical and horizontal control points. Surety bonds were required to ensure that survey monuments are properly set, inspected, and completed. 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. Certificates of Correction for Tracts 5405, 5187-1, and 5187-2 were filed with the Ventura County Clerk and Recorder’s Office on November 20, 2020, and all Corner Records and Centerlines Ties have been received by the City and County Surveyor’s Office. 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 2/17/2021 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 Item: 10.G. 76 Honorable City Council 02/17/2021 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. 2021-____, 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. 2021-___ 77 ATTACHMENT RESOLUTION NO. 2021-___ 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 17th day of February, 2021. Janice S. Parvin, Mayor ATTEST: Ky Spangler, City Clerk 78