HomeMy WebLinkAboutAGENDA REPORT 2009 0902 CC REG ITEM 10IITEM 10.1.
CITY OF MOORPARK, CALIFORNIA
City Council Meeting
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MOORPARK CITY COUNCIL
AGENDA REPORTS °
TO: Honorable City Council
FROM: Yugal K. Lail, City Engineer /Public Works Director ko
DATE: August 10, 2009 (CC Meeting of 09/02/09)
SUBJECT: Consider Exoneration of Surety Bond for GRD Construction
DISCUSSION
GRD Construction has requested exoneration of the surety bond for the development
project located at 4200 Mountain Meadows Drive, Mountain Meadows Elementary
School.
The surety bond was submitted by GRD Construction and used as a mechanism to
guarantee the construction of the improvements within the City right -of -way. The work
has been completed and accepted by the City, and staff recommends the existing bond
be fully exonerated in favor of GRD Construction.
The following is the applicable bond:
SURETY
TYPE
BOND
NUMBER
ORIGINAL
BOND AMT.
PRIOR
AUTHORIZED
AUTHORIZED
ACTION OF
ACTION
09102/09
Road
8819595
$10,000.00
None
Exoneration
Encroachment
Permit
FISCAL IMPACT
None.
S:Tublic Works \Everyone \Reports \Staff Reports\2009 \September\Mountain Meadows Elementary School.doc
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Honorable City Council
September 2, 2009
Page 2
STAFF RECOMMENDATION
Authorize the City Clerk to fully exonerate the above referenced surety bond for GRID
Construction.
ATTACHMENT
1 — Vicinity Map
SAPublic Works \Everyone \Reports \Staff Reports\2009 \September\Mountain Meadows Elementary School.doc
282
ATTACHMENT 1
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r r PROJECT SITE
Moorpark
.� Mountain Meadows
Elementary
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VICINITY MAP
NTS
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