HomeMy WebLinkAboutAGENDA REPORT 2010 0203 CC REG ITEM 10HITEM 10.H.
City Council Meeting
02 o 10
MOORPARK CITY COUNCIL -
AGENDA �, }
AGENDA REPORT
L
TO: Honorable City Council
FROM: Yugal K. Lail, City Engineer /Public Works Director
DATE: January 25, 2010 (CC Meeting of 02/03/2010)
SUBJECT: Consider Exoneration of Monument Bond #34BCSEU9709 for
Freeway Corporate Center /Moorpark Carlsberg Holdings LLC and
RCI Builders, Inc. (Tract 5226)
BACKGROUND
Tract 5226 is a 33.04 acre Industrial Planned Development (2000 -01) located south of
the Moorpark Market Place, bordered by Miller Parkway on the west and SR -23 on the
east as shown on Attachment 1.
DISCUSSION
The developer, Moorpark Carlsberg Holdings LLC, (Tentative Tract Map 5226) has
requested an exoneration of the Monument Bond for this development.
This Monument Bond was used as a mechanism to guarantee the installation of the
monuments associated with the Tract Map for this development. The monuments
associated with Bond #34BCSEU9709 have been completed and accepted by the City.
Staff recommends the bond be fully exonerated.
The following is the applicable bond:
SURETY
TYPE
BOND
NUMBER
ORIGINAL
BOND
PRIOR
AUTHORIZED
AUTHORIZED
ACTION OF
AMT.
ACTION
02/03/2010
Monument
34BCSEU9709
$21,559.53
NONE
Exoneration
Bond
S:\Public Works\Everyone\Reports\Staff Reports\2010 \February\TR5226_Bond Reduction _Monuments_Agenda_020310.docm
108
Honorable City Council
February 03, 2010
Page 2
FISCAL IMPACT
None.
STAFF RECOMMENDATION
1. Authorize the City Clerk to exonerate the Monument Bond #34BCSEU9709 for
Freeway Corporate Center /Moorpark Carlsberg Holdings LLC and RCI Builders, Inc.
(Tract 5226).
ATTACHMENT
1 —Vicinity Map
SAPublic Works\Everyone\Reports\Staff Reports \2010 \February\TR5226_Bond Reduction _Monuments_Agenda_020310 docm
109
ATTACHMENT
MOORPARK
VICINITY MAP
N T S
TRACT 5226
PROJECT
SITE
110