HomeMy WebLinkAboutAGENDA REPORT 1995 0118 CC REG ITEM 08I l72-3, y! sSe)
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AGENDA REPORT
CITY OF MOORPARK
TO : THE HONORABLE CITY COUNCIL
FROM : DIRK LOVETT, ASSISTANT CITY ENGINEER
DATE : JANUARY 6, 1995 (CC MEETING OF JANUARY 18, 1995)
SUBJECT : EXONERATION OF GRADING SECURITY C.D. (Bank of
America) FOR MIKE AND DIANA CARO 6131 GABBERT RD.
BACKGROUND :
This project consists of grading and drainage improvements for the
construction of one single family dwelling located at 6131 Gabbert
Rd. in the City of Moorpark. A location map has been attached for
your reference.
Grading and drainage improvements were installed by the owner' s
contractor from September through December 1994 . A final inspection
of the project and approval of the "As Builts" has been completed by
staff.
The owners have requested the exoneration of their $24, 000 security
(Bank Of America Certificate of Deposit ) now being held by the City.
It is therefore appropriate to accept the grading and drainage
improvements as complete and release the certificate of deposit .
RECOMMENDATION:
1 . Accept the grading for the new single family residence located at
6131 Gabbert Road as complete, and;
2 . Authorize the City Clerk to release the aforementioned
Certificate of Deposit in the amount of $24, 000 (Bank of
America) .
MOORPARK, CALIFORN:;.
City C Meeflng
co: CC BOND EX CARO CD of / 1 199i.
Attachment ACTION:��
00118
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L OCA T'ION AND VICINITY MAP
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