HomeMy WebLinkAboutAGENDA REPORT 1994 1116 CC REG ITEM 08EITEMI--C.
AGENDA REPORT
CITY OF MOORPARK
TO: THE HONORABLE CITY COUNCIL
FROM: DIRK LOVETT, ASSISTANT CITY ENGINEER
DATE: NOVEMBER 3, 1994 (CC MEETING OF NOVEMBER 16, 1994)
SUBJECT: EXONERATION OF THE MONUMENT BOND FOR TRACT 4757 -1
(VENTURA PACIFIC) RELATIVE TO LOS ANGELES AVENUE.
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Tract 4757 -1 is part of the Mission Bell Plaza located north of Los
Angeles Avenue between Park Lane and Liberty Bell Road.
The property survey monuments have been completed in accordance with
the approved plans. All related items for the project have been
completed. All conditions for -t:E re]e.sc of the security have been
met.
DISCUSSION•
It is appropriate to accept t.t;e improvements covered by bond
43SM777446 (American Motorist In: ;. in the amount of $4,784, and to
exonerate the monument bond.
Other Bonds:
A recap of the status of all )ands for this project and the
recommended action is as follows:
Item Type Bond # Surety Comuan,
P: . >,. !rain. tt:SSM' -'" i44`. Ares ic:•-:: Mot
B Gradina it 3S' . ;443 `(71 '..• -an Mot.::t
Current Recommended Reduced
Status Action Amount (S)
°t..at ed 14A
xui. ,tat E-d NA
. - , '14
C Monument It 3SM7 ", t64 M(" .r 4 exc•ne:at
P _ center 435M' 4 44 x
n 3
RECOMMENDATION: i,CTION:
1. Accept the property survey monuments for Mission Bell Pi az
(Tract 4757 -1) as complete.
2. Authorize the City Clerk to exonerate bond #3SM777446.
CC: City Manager; Deputy City Manager, Departmew Ileals
BOND EX #3SM777446
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