HomeMy WebLinkAboutAGENDA REPORT 1989 0301 CC REG ITEM 08GELOISE BROWN
Mayor
BERNARDO M. PEREZ
Mayor Pro Tom
CLINT HARPER, Ph. D.
Councilmember
PAUL LAWRASON
Councilmember
SCOTT MONTGOMERY
Councilmember
RICHARD T. HARE
City Treasurer
MOORPARK ITEM B. G
MEMORANDUM
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
TO: The Honorable City Council
FROM: John F. Knipe, Assistant City Engineer.
D
�e
ATE: February 21, 1989
SUBJECT: Tract 4095 (Ranch View Partners) - Bond
Replacement
BACKGROUND INFORMATION
The subject tract is located at the northeast corner of
Spring Road and Los Angeles Avenue. A location map is
enclosed for your reference.
The final map for this project was approved on December 15,
1987. At that time, the project developer, Charles Street
Ltd., had posted bonds with the City prior to map approval.
These bonds are on file with the City Clerk as follows:
Type Amount Surety Co. Bond No.
Monuments $2,200 Amwest Insurance Co. 1140052
Grading $5,000 Amwest Insurance Co. 1140051
Since approval of the final map, this project has been sold
to Ranch View Partners. New bonds have been posted by Ranch
View Partners with the City and are on file in the office of
the City Clerk as follows:
799 Moorpark Avenue Moorpark, Califomia 93021 (805) 529 -6864
Page -2-
Type Amount Surety Co. Bond No.
Monuments $2,200 American Motorist 3SM- 716 - 548 -00
Insurance Company
Grading $5,000 American Motorist 3SM- 716 - 549 -00
Insurance Company
The bonds posted by Ranch View Partners are to replace those
of Charles Street Ltd., since all bonds should be in the
name of the current project developer. Ranch View Partners
have also obtained new grading and encroachment permits,
which are on file in the City Engineer's office.
RECOMMENDED ACTION
- Accept the new bonds posted by Ranch View Partners as
indicated above and direct the City Clerk to retain the
original bonds and return an executed copy to the
developer and surety company.
Exonerate the previous bonds posted by Charles Street
Ltd. as indicated above.
MOORPARK, CALIFORNIA
City Council Meeting
of - 198q
ACTION:
1/0-
By
JFK: CL: ls
cc: Steve Kueny, City Manager
R. Dennis Delzeit, City Engineer
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