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HomeMy WebLinkAboutAGENDA REPORT 1987 1216 CC REG ITEM 08GJOHN GALLOWAY Mayor ELOISE BROWN Mayor Pro Tern CLINT HARPER, Ph.D. Councilmember JOHN PATRICK LANE Councilmember MAUREEN W. WALL City Clerk THOMAS P. GENOVESE City Treasurer TO: FROM: MOORPARK MEMORANDUM The Honorable City Council John F. Knipe, Assistant City Engineer DATE: December 3, 1987 STEVEN KUENY City Manager CHERYL J. KANE City Attorney PATRICK RICHARDS, A.I.C.P. Director of Community Development R. DENNIS DELZEIT City Engineer JOHN V. GILLESPIE Chief of Police SUBJECT: Exoneration of Bonds for Tract 3841 (Griffin Homes) BACKGROUND INFORMATION Tract No. 3841 is located in the southwest section of the City of Moorpark, at the intersection of Los Angeles Avenue and Tierra Rejada Road. A vicinity map is enclosed for reference. On March 1, 1983, the Ventura County Board of Supervisors approved the final map and entered into an agreement with Griffin Homes for the construction of public improvements. On September 16, 1985, the Moorpark City Council accepted the majority of the public improvements within Tract 3841. However, improvements had not been completed to the Glenwood Park Site, the street trees along Los Angeles Avenue, and the median landscaping along Tierra Rejada Road. As security for the uncompleted improvements, the grading bond and the landscape bond were not exonerated. These improvements and the landscaping have now been completed to our satisfaction. Accordingly, it is now appropriate to exonerate both the Landscape Bond, No. 106559, in the amount of $28,481, issued by the Developer's Insurance Company and the Grading Bond, No. 105359, issued by Developer's Insurance Company in the amount of $120,000.00. 799 Moorpark Avenue Moorpark. California 93021 (805) 529-6864 7 r--= I I I I I I I I I I I I I I I I I I I I \ \ I I I 36 ✓---­----