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HomeMy WebLinkAboutAGENDA REPORT 1994 0518 CC REG ITEM 11BITEM /L 8. AGENDA R E PORT CITY OF MOC�RPARK TO: The Honorable City Council FROM: Kenneth C. Gilbert, Director of Public Works DATE: May 10, 1994 (Council Meeting 5- 18 -94) SUBJECT: Consider Exoneration of Bonds for Tract 4081 (Colorer) DISCUSSION Staff has been working with the Colmer Development Company on resolving matters prerequisite to the exoneration of outstanding bonds for Tract 4081. At the request of the developer, this request for the exoneration of bonds was placed on the agenda for a meeting of the City Council meeting of April 20, 1994. In that all of the prerequisites to the exoneration of the bonds were not met, the matter has been continued several times. The prerequisites to approval of the requested bond exoneration have not yet been met by the developer. It is requested, therefore, that consideration of this matter be deferred until all such requirements are met. RECOMMENDED ACTION Staff recommends that this item bf, taken off calendar. exor.z? • nkleetng r /i. /I 74 �� i�j AGENDA R E PORT CITY OF MOC�RPARK TO: The Honorable City Council FROM: Kenneth C. Gilbert, Director of Public Works DATE: April 19, 1994 (Council Meeting 4- 20 -94) 7/• A SUBJECT: Consider Exoneration of Bonds For Tract 4081 (Colorer) DISCUSSION Staff has been working with the Colmer Development Company on resolving matters prerequisite to the exoneration of outstanding bonds for Tract 4081. This request for he exoneration of certain bonds, was placed on the agenda for this meeting at the urging of the developer based on assurances that certain additional required information would be provided and certain remaining corrections would be completed prior to the date of this meeting. In that this information and corrections have not been completed, and consistent with a recent request from the developer, it is requested that this matter be continued to the meeting of May 4, 1994. RECOMMENDED ACTION Staff recommends that this item bE continued to May 4, 1994. exor.20 %y