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HomeMy WebLinkAboutAGENDA REPORT 1990 0620 CC REG ITEM 08CPlease note that the certificate of deposit will remain in full force and effect for nine months following project acceptance, after which time it will expire without any further action from the Council. RECOMMENDED ACTION Accept the IPD 88 -1 grading improvements and authorize the City Clerk to release the certificate of deposit after nine months. Copy: Steve Kueny, City Manager Patrick Richards, Director of Community Development Patrick Dobbins, Assistant City Engineer JFK:PMD:sf 01069/3007 IMO179.COU 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 6TElM C, MOORPARK BERNARDO M. PEREZ MOORPARK. CAUFORNIA PPS „C s�v STEVEN KUENY Mayor oP o CI>��� a City Manager Y 9 SCOTT MONTGOMERY CHERYL J. KANE Mayor Pro Tern of �99Q City Attorney ELOISE BROWN ACTION: - o PATRICK RICHARDS, A.I.C.P. Councilmember o' Director of CLINT HARPER, Ph.D. °o / Community Development Councilmember TEO -_ R. DENNIS DELZEIT PAUL W. LAWRASON, Jr. BY City Engineer Councilmember JOHN V. GILLESPIE LILLIAN KELLERMAN Chief of Police City Clerk RICHARD T. HARE MEMORANDUM City Treasurer To: The Honorable City Council From: John F. Knipe, City Engineer Date: June 12, 1990 Subject: IPD 88 -1 (HOROWITZ) - RELEASE OF CERTIFICATE OF DEPOSIT BACKGROUND INFORMATION IPD 88 -1 is located on Fitch Avenue just off Flinn Avenue. This project entailed the construction of a 8,500 square foot automotive service and repair shop. Construction is now complete and the conditions of approval have been satisfied. It is now appropriate to accept the grading improvements and release the certificate of deposit for IPD 88 -1 as shown in the table below. Amount Bank Certificate Number $1,500 Premier Bank, Thousand Oaks, CA 6539 Please note that the certificate of deposit will remain in full force and effect for nine months following project acceptance, after which time it will expire without any further action from the Council. RECOMMENDED ACTION Accept the IPD 88 -1 grading improvements and authorize the City Clerk to release the certificate of deposit after nine months. Copy: Steve Kueny, City Manager Patrick Richards, Director of Community Development Patrick Dobbins, Assistant City Engineer JFK:PMD:sf 01069/3007 IMO179.COU 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864