HomeMy WebLinkAboutAGENDA REPORT 2010 0519 CC REG ITEM 10E ITEM 10.E.
C.IYY OF MOOR°ARK,CALIFO;�.!--
City Council Meeting
MOORPARK CITY COUNCIL of 5— tex-ao 10
AGENDA REPORT ACTION:
:iY:_
TO: Honorable City Council
FROM: David A. Bobardt, Community Development 'actor
Prepared by Joseph Fiss, Principal Planner
DATE: April 30, 2010 (CC Meeting of 5/1912010)
SUBJECT: Consider Release of Surety (Cash Deposit Performance Bond) for
Toll Brothers Inc., (Moorpark Country Club Estates - RPD 1994-01,
VTM 4928)
BACKGROUND
On April 17, 1996, the City Council adopted Resolution No. 96-1197, approving
Residential Planned Development No. 94-1 and Vesting Tentative Map No. 4928 for
approval of 216 homes on 655 acres. There were several subsequent Modifications
and Permit Adjustments to this permit. Toll subsequently constructed a temporary
driveway and fencing to allow a separate entrance to the model complex while
maintaining the Trevino Drive access control gates.
DISCUSSION
In order to ensure that the model complex parking lot, including landscaping and
access, was properly restored, the Community Development Department required a
$10,000.00 cash deposit performance bond. Since the parking lot is now developed
with a home, and landscaping and access have been satisfactorily restored, Toll
Brothers is now requesting release of this surety.
The following is the applicable bond:
SURETY BOND ORIGINAL PRIOR AUTHORIZED
TYPE NUMBER BOND AMT. AUTHORIZED ACTION OF
ACTION 511912010
Cash Deposit None $10,000.00 NONE Release Bond
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Honorable City Council
May 19, 2010
Page 2
FISCAL IMPACT
None.
STAFF RECOMMENDATION
Authorize the City Clerk to release the cash deposit performance bond referenced in
the agenda report for Toll Brothers, Inc.
SACommunity DevelopmentlDEV PMTSkR P M1994-01 TollV c agenda report bond release 100519 doc
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