HomeMy WebLinkAboutAGENDA REPORT 1991 0619 CC REG ITEM 08LITEM
MEMORANDUM
TO: The Honorable City Council
FROM: John F. Knipe, Willdan Assoc, .:e<
DATE:
June 12, 1991
SUBJECT: TRACT 2865 -3 (PARDEE) •• EXONERATION OF BONDS
AND ACCEPTANCE OF IMPROVEMENTS
BAGKGROUND INFORMATION
70R ?ARK, CALIFORNIA
C IIN:
Council Moeflng
of q 199,E
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Tract 2865 -3 was one of the three phases of this tract developed by Pardee Construction
Company. This development is in the Peach l lill area of the City adjacent to Tierra Rejada
Road. A location map is attached for your �ference.
The construction of the final asphalt layer or the westbound barrel of Tierra Rejada Road
was postponed in anticipation of construction of a waterline within this roadway to the
proposed Embassy Project. See attached Cc, Ancil item regarding this matter.
Pardee Construction recently completed a i paving to our satisfaction and it is now
appropriate to accept these street improvev cents and reduce the following bonds to 10
percent for the one -vear guarantee period.
ORIGINAL
REDUCED
BOND
SURETY BOND NO
AMOUNT
AMOUNT
Performance
St. Paul Fire and 4oI TJ- 3557
$ 460,000
$ 46,000
Bond
Marine Insurance
Performance and
St. Paul Fire and 41,f fl X - 16 1 4
$ 156,000
$ 15,600
Payment Bond
Marine Insurance
Page -2-
RECOMMENDED ACTION
1. Accept the Tierra Rejada Road stret- improvements within Tract 2865 -3 (Pardee).
2. Authorize the City Clerk to reduce the aforementioned bonds for the one -year
guarantee period. These bonds shall rutomatically be exonerated on June 20, 1992.
Copy: Steve Kueny, City Manager
Patrick Dobbins, Willdan ,),ss( .,iates
JFK:PMD:sf
06015/3001
IM0546.COU
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BERNARDO M. PEREZ
Mayor
SCOTT MONTGOMERY
Mayor Pro Tem
ELOISE BROWN
Councilmember
CLINT HARPER, Ph.D.
Councilmember
PAUL W. LAWRASON, Jr.
Councilmember
LILLIAN KELLERMAN
City Clerk
To:
From:
Date:
Subject:
MEMORANDUM
The Honorable City Council
John F. Knipe, City Enginer
November 29, 1990 �
TRACT 2865 (PARDEE)
FINAL TIERRA REJADA :RO �AD PAVING
BACKGROUND INFORMATION
L U-V � mm'
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
RICHARD T. HARE
City Treasurer
For approximately the last two years, the City has delayed Pardee Construction Company
from placing the final asphalt concrete overlay in the westbound barrel of Tierra Rejada
Road along the subject development frontage. This delay was due to the proposed
construction of a waterline from Peach Hill Road to Spring Road for the Embassy
development at the intersection of Spring Road - Tierra Rejada Road.
Since it now appears that the proposed Embassy project may not be constructed for
sometime, City staff has directed Pardee " :instruction Company to construct the final
pavement lift.
RECOMMENDED ACTION
This material is for information only and no action is necessary.
Attachment
copy:
Steve Kueny, City Manager
Mark Wessel, City Traffic Engi,ieer
Ron Wilson, Construction Clbs�. fwer
JFK:PMD: is
01759/3003
FM0414.COU
799 Moorpark Avenue Moorpark, ;alifornia 93021
(805) 529 -6864
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