HomeMy WebLinkAboutAGENDA REPORT 1993 1201 CC REG ITEM 08HITEM
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�gy�T �/� AGENDA REPORT
C STY OF MOORPARK
TO: The Honorable City Council
FROM: Kenneth C. Gilbert, Director of Public Works 7(
DATE: November 19, 1993 (Council Meeting 12-1-93)
SUBJECT: Consider Exoneration of Bond for T 4095 -- Moorpark
Condominiums (Rufner)
DISCUSSION
A. Grading
All of the grading requirements for the subject Tract have been
met. It is, therefore, appropriate to exonerate the following
outstanding bonds:
Tyoe Amount Surety Co. Bond No.
Grading $5,720 American Motorist Ins. Co. 3SM71654900
Grading (*) $5,000 Great American Ins. Co. 2450832
(*) Duplicate Bond submitted by successor to the project.
B. Monuments
At the date of the writing
of this
report, Staff was
unable to
verify that all of the
monumentation
requirements for
the subject
Tract have been met.
The bonds
guaranteeing this
work are
identified as follows:
Tyne Amount
Surety Co.
Bond No.
Monument $2,200
American Motorist Ins. Co.
3SI471654800
Monument (*) $2,200
Great American Ins. Co.
2450833
(*) Duplicate Bond submitted by
successor to the
project.
Bond Exoneration
T 4095
Page 2
Staff recommends that the City Council take the following actions:
1. Authorize the City Clerk to exonerate the Grading bonds
identified in this report.
2. Authorize the City Clerk to exonerate the Monument bonds
identified in this report, upon verification by the
Director of Public Works, that all monumentation
requirements have been met.