HomeMy WebLinkAboutAGENDA REPORT 2007 0221 CC REG ITEM 10DrrEM I o 7z.
City Council Meetin.
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ACTION: �d
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Yugal K. Lail, City Engineer /Public Works Director
Prepared by Adam Burks, Assistant Engineer
DATE: January 17, 2007 (CC Meeting of 02- 21 -07)
SUBJECT: Consider Bond Exoneration for William Lyon Homes, Inc.
(RPD2003 -01, TR5405)
BACKGROUND
This is a 17 home Residential Planned Development (RPD2003 -01, TR5405) located
west of Walnut Canyon Road approximately one -half mile north of Casey Road
(Attachment 1).
DISCUSSION
William Lyon Homes, Inc. has requested the exoneration of their surety bond on file with
the City of Moorpark for Tract 5405. This surety bond was used as a mechanism to
guarantee the grading for the project.
All work covered under this surety bond has been completed.
The following is the applicable bond:
BOND NO.
TYPE
BOND AMT.
8734539
Surety Bond — Grading
$25,735.19
OOOOGI
Honorable City Council
February 21, 2007
Page 2
STAFF RECOMMENDATION
Authorize the City Clerk to exonerate the above referenced surety bond for William Lyon
Homes, Inc. (RPD2003 -01, TR5405).
ATTACHMENT
1 - Vicinity Map
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ATTACHMENT 1
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TRACT
5187 TRACT 5405
PROJECT
SITE
R.R. E HIGH
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LOS ANGELES AVE
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MOORPARK
VICINITY MAP NTS
TRACT NO. 5405
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