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
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