HomeMy WebLinkAboutAGENDA REPORT 2023 0201 CCSA REG ITEM 10FCITY OF MOORPARK, CALIFORNIA
City Council Meeting
of February 1, 2023
ACTION APPROVED STAFF
RECOMMENDATION.
BY A. Hurtado.
F. Consider Reduction of Surety Bond – Street, Storm Drain & Erosion Control
Improvements (Bond No. 0778574) and Surety Bond – Grading (Bond No.
0778575) at 13960 Peach Hill Road (Oakmont of Moorpark, LLC). Staff
Recommendation: 1) Authorize the City Clerk to reduce surety bond 0778574 to
$38,871.72; and 2) Authorize the City Clerk to reduce surety bond 0778575 to
$15,391.64. (Staff: Daniel Kim, City Engineer/Public Works Director)
Item: 10.F.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Daniel Kim, City Engineer/Public Works Director
DATE: 02/01/2023 Regular Meeting
SUBJECT: Consider Reduction of Surety Bond – Street, Storm Drain & Erosion
Control Improvements (Bond No. 0778574) and Surety Bond –
Grading (Bond No. 0778575) at 13960 Peach Hill Road (Oakmont of
Moorpark, LLC)
BACKGROUND
On August 1, 2018, the City Council adopted Resolution No. 2018-3727, approving
Commercial Planned Development No. 2018-01 for a 77-unit assisted living and
memory care community at 13960 Peach Hill Road (Oakmont of Moorpark). On
August 13, 2020, staff issued Grading Permit No. 273G for grading and site
improvements associated with the development of the Oakmont of Moorpark at
13960 Peach Hill Road. As part of permit issuance, a surety is required to ensure that
the improvements, as shown on Moorpark Drawing No. 19-ML-11087, are completed in
accordance to the approved plans and specifications.
DISCUSSION
The grading and site improvements associated with the development of Oakmont of
Moorpark are constructed and were accepted by City staff on December 13, 2022. The
warranty period of the improvements ends one-year after the date of acceptance. As
part of City acceptance, staff recommends that the surety bonds be reduced to ten
percent (10%) during the one-year warranty period as follows:
Surety Type Bond
Number
Original Bond
Amount
Prior
Authorization
Action
Authorized
Action as of
2/1/2023
Surety Bond –
Street, Storm Drain
& Erosion Control
Improvements
0778574 $388,717.24 None Reduction to
$38,871.72
Surety Bond –
Grading
0778575 $153,916.40 None Reduction to
$15,391.64
Item: 10.F.
226
Honorable City Council
02/01/2023 Regular Meeting
Page 2
After the one-year warranty period is complete, staff will return to City Council to
recommend exonerating the two surety bonds.
ENVIRONMENTAL DETERMINATION
The California Environmental Quality Act (CEQA) does not apply to activities that will
not result in a direct or reasonably foreseeable indirect physical change in the
environment or is otherwise not considered a project as defined by CEQA Statute
§21065 and CEQA State Guidelines §15060(c)(3) and §15378. The reduction of bonds
requested in this action meets the above criteria and is not subject to CEQA. No
additional environmental review is required.
FISCAL IMPACT
None.
COUNCIL GOAL COMPLIANCE
This action does not support a current strategic directive.
STAFF RECOMMENDATION
1.Authorize the City Clerk to reduce surety bond 0778574 to $38,871.72; and
2.Authorize the City Clerk to reduce surety bond 0778575 to $15,391.64.
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