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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 JN 3854 JN 30353 CM01139.COU MR ii 32 PM 96 3 MR I8 1/2 1 R 7 7 P Tract No. 409511, ��������� �� 1111((11 (((ill -( •�� IJ � �T -� iIII lall� III'UI j I• >Ia`,' <I R 1 1 1 1 1 1 1 1 -, I I ITI I I I I Icy VERDE �� ►,-�� -����� ---� � I IIIIII I 1 R! 31 I 1251 NfR I I I'NIII III VERDE (TrR -1 X00 o 1 1 r2* f)4P 179 ►illlll�llll in � IIIIII I III I a (w�u. yu If �' � E� � • w IIII IIII III II I Lu ? 5 w 32 I I I I 1 1 2 hR 1! 1•Inr. Iru) 6 !I FREMO T_ TRACT ` 1T _AYi\ 21 PM 2 ! �/ 1 PAR. 3 I ll � I 1 I � 1 7 P 691 1 ( { 21 M 2 r � 0 i CZ c � � i LOCATION MAP