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HomeMy WebLinkAboutAGENDA REPORT 2010 0519 CC REG ITEM 10F ITEM IO.F. CITY OF MOORPARK,CALIFORNIA City Council Meeting of 5-let-go 10 ACTION: MOORPARK CITY COUNCIL "�' � �°' ''�T�"--- AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Lail, City Engineer/Public Works Director / DATE: May 3, 2010 (CC Meeting of 05/19/10) SUBJECT: Consider Exoneration of Cash Bond for Schaub Construction, Inc. at 6151 Gabbert Road BACKGROUND This project involved the grading and drainage improvements as part of the construction of a new single family residence on the property owned by Jennifer Diamond and Jieshi Yan at 6151 Gabbert Road as shown on Attachment 1. DISCUSSION The Project Contractor Mr. David Schaub, Schaub Construction, Inc., has requested exoneration of the cash bond for this development. This cash bond was used as a mechanism to guarantee the construction of the grading, improvements, and erosion control for this project. The improvements guaranteed by the cash bond have been completed and no warranty work is required. Staff recommends the bond to be fully exonerated. The following is the applicable cash bond: SURETY CHECK ORIGINAL PRIOR AUTHORIZED TYPE NUMBER BOND AMT. AUTHORIZED ACTION OF ACTION 05/19/2010 Grading, 8318 $15,000.00 None Exonerate Drainage & Erosion Control FISCAL IMPACT None. S:\Public Works\Everyone\Reports\Staff Reports\2010W1ay\6151 Gabbert—Exoneration-05191 CIA= 92 Honorable City Council May 19, 2010 Page 2 STAFF RECOMMENDATION Authorize the City Clerk to fully exonerate Grading and on-site Improvements Cash Bond in the amount of$15,000.00 for Mr. David Schaub, Schaub Construction, Inc. ATTACHMENT 1 — Vicinity Map SAPublic Works\Everyone\Reports\Staff Reports\2010\May\6151Gabbert_Exoneration_051910.doc 93 A TTA CHMENT 1 — VICINITY MAP c< 0 a e _y DARLENE LN. r: PROJECT SITE F.1.WIN 6151 GABBF.RT ROAD CO R R AVE. a p01NDE�RR v q Q SPT O V V COMMERCE Z LOS ANGELES A VE. (HWY. 118) 94