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HomeMy WebLinkAboutAGENDA REPORT 1990 0221 CC REG ITEM 08Ff PAUL W. LAWRASON. Jr. Mayor SCOTT MONTGOMERY Mayor Pro Tern ELOISE BROWN Councilmember CLINT HARPER, Ph.D. Councilmember BERNARDO M. PEREZ Councilmember LILLIAN KELLERMAN City Clerk To: From: Date: Subj ect: MOORPARK ITEM o-F MEMORANDUM The Honorable City u- ,c)uncil John F. Knipe, Assi.,t: ant City February 13, 1990 Engineeg 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 ACCEPTANCE OF THE FIRST THREE SIGNALS ON TIERRA REJADA ROAD BACKGROUND INFORMATION Urban West Communities was ,-onditioned to construct six traffic signals on Tierra Rejada Road as part of the development conditions for their various tracts in the Mountain Meadows area. The first three traffic signals (at Peach Hill Road, Walnut Creek Road and Mountain Meadow Drive) were turned on February 28, 1989 and the developer's contractor has completed all of the punch list items as prepared by the City's const.ru,..;tion observer. Urban West Communities was required to post a bond of $720,000 (Bond No. 111 - 32540052, issued by the American Insurance Co.) to cover the construction cost of the six Tierra Rejada signals. With acceptance of these first three signals, this bond should be reduced to $396,000 to cover the construction cost of the three remaining traffic signals and a ten (10) percent guarantee for one year. It is now appropriate for the Council to accept the first three traffic signals and to ,- -du-e the construction bond. 799 Moorpark Avenue Moorpark California 93021 (805) 529 -6864 Page -2- RECOMMENDED ACTION Accept the first three traf. °; signals on Tierra Rejada Road at Peach Hill Road, Walnut Creek Road and Mountain Meadow Drive from Urban West Communit es and reduce the construc- tion bond to $396,000. copy: JFK: PMD: j BMO650.Cou 01055/3002 01068/3011 Steve Kueny, City Ma��ager Mark Wessel, City Tr,iffic Engineer Steve Howell, Urbar 'est "cnmunities