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HomeMy WebLinkAboutAGENDA REPORT 2012 0606 CC REG ITEM 10M ITEM 10.M. a_1ty Council w.ee9inC MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: David C. Moe II, Redevelopment Manage BY: Jessica Sandifer, Management Analys DATE: May 14, 2012 (CC Meeting of 06/06/12) SUBJECT: Consider Authorization for Recordation of the Notice of Completion for Rehabilitation of 1449 Walnut Canyon Road (APN 511-0-040-440) and Release of Bonds in Accordance with the Contract BACKGROUND & DISCUSSION On October 5, 2011, the City Council awarded the rehabilitation contract for 1449 Walnut Canyon Road (APN 511-0-040-440) to Magic Hammer Development, Inc. for $37,365.00 plus a 10% contingency for an overall budget of $41,102.00. As the work progressed additional work became necessary requiring two change orders totaling $19,555.00 for a total project cost of $56,920.00. On January 18, 2012, the City Council authorized a budget amendment to fund these change orders. Magic Hammer has satisfactorily completed all work and staff is requesting that the City Council authorize the recordation of the Notice of Completion. With the City Council's authorization to record the Notice of Completion, the City Clerk's office will be authorized to release the project bonds in accordance with contract provisions as follows: • Payment Bond No. 71184339 shall be released six (6) months after the recordation of the Notice of Completion • Performance Bond No. 71184339 shall be null and void one (1) year after the recordation of the Notice of Completion. FISCAL IMPACT None. 243 Honorable City Council June 6, 2012 Page 2 STAFF RECOMMENDATION Authorize the City Clerk to file the Notice of Completion, and release the project bonds as outlined in the report. Attachment 1: Notice of Completion 244 I ATTACHMENT 1 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO r NAME City of Moorpark ET ADD AESS 799 Moorpark Avenue DO CITY Moorpark, CA 93021 STATE t ZIP Attn: City Clerk No Fee Required (Govt Code Sec 6103&27383) SPACE ABOVE THIS LINE FOR RECORDER'S USE RIMMMINI NOTICE OF COMPLETION Notice pursuant to Civil Code Section 3093, must be filed within 10 days after completion.(See reverse side for complete requirements.) Notice is hereby given that: 1. The undersigned is owner or corporate officer of the owner of the interest or estate stated below in the property hereinafter described: 2. The full name of the owner is City of Moorpark 3. The full address of the owner is 799 Moorpark Avenue Moorpark CA 93021 4. The nature of the interest or estate of the owner is:In fee. tlf other then rye,strike'In fee'and insert,for example,'purchaser under contract of purchase,'or'Losses") 5. The full names and full addresses of all persons, if any, who hold title with the undersigned as joint tenants or as tenants in common are: NAMES ADDRESSES 6. The full names and full addresses of the predecessors in interest of the undersigned, if the property was transferred subsequent to the commencement of the work or improvements herein referred to: NAMES ADDRESSES 7. A work of improvement on the property hereinafter described was completed on June 6, 2012 The work done was: Rehabilitation of 1449 Walnut Canyon Road 8. The names of the contractor, if any, for such work of improvement was Magic Hammer Development Inc November 9, 2011 ()f no contractor for work of improvement as a whole,insert'None') IOste of Contract) 9. The property on which said work of improvement was completed is in the City of Moorpark County of Ventura State of CA , and is described as follows: 511-0-040-440 10. The street address of said property is 1449 Walnut Canyon Road (If no street address has been officially assigned,insert'none'.1 Dated (Signature of Owner or corporate officer of Owner named in paragraph 2,or his agent) Steven Kueny,City Manager VERIFICATION I, the undersigned,say: 1 am the City Managf r the declarant of the foregoing Notice of Completion; IPre' ant of,Manager of,Partner of,Owner of,etc.) 1 have read said Notice of Completion and know the contents thereof;the same is true to my own knowledge. I declare under penalty of perjury that the foregoing is true and correct. Executed on 2012 at Moorpark California (Personal signature of the individual who is swearing that the contents of the Notice of Completion are true) Steven Kuenv.City Manaaer.City of Moorpark Before you use this forth,fil in as blanks,and make whatever your changes are approprlale and necessary to yr particular transaction.Consult a lawyer WOLCOTTS FORM 1114-(Price class 3B) if you doubt the form's fitness for your purpose and use Woicotts makes NOTICE OF COMPLETION-Rev. 7-99 no representation or warranty, express or implied,with respect to the *1999 WOLCOTTS FORMS,INC. merchantability or fitness of this form for an intended use or purpose. 7 67775 39114 5 245