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HomeMy WebLinkAboutAGENDA REPORT 1992 0205 CC REG ITEM 08LITEM • L • MOORPARK 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 M E M O R A N D U M TO: The Honorable City Council FROM: Kenneth C. Gilbert, Director of Public Works �K. CALIF0,7MA i;; �g DATE: January 23, 1992 (Council Meeting 2 -5 -92) Gty Council Mea of 199 ut SUBJECT: Bond Exoneration for Tract 3019 ACTION: & Tract 3525 (Warmington) Bond # 931303S OVERVIEW This requests approval of the exoneration of a bond related to the construction and maintenance of certain improvements within the subject tract. In June of 1991 the City Council approved the exoneration and /or reduction of a number of bonds posted to guarantee the improvements within Tracts 3019 and 3525. DISCUSSION It has recently come to the attention of staff that the subject bond is also related to said improvements. Said bond should have been included in the list of bonds to be approved for exoneration last June. Type Bond No. Amount Maintenance of 9313035 $8,500 Tierra Rejada Road Staff recommends that the City Clerk be authorized to exonerate Bond No. 9313035. PAUL W. LAWRASON JR. BERNARDO M. PEREZ SCOTT MONTGOMERY ROY E. TALLEY JR. JOHN E. WOZNIAK Mayor Mayor Pro Tem Councilmember Councilmember Councilmember Printed On Recvccled P..