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HomeMy WebLinkAboutAGENDA REPORT 2006 0920 CC REG ITEM 10Mt 10-M-__ ti12N �itit:"gt'dy �F'F?ii4'Sea rat 9- o?o -aoo�o 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: September 13, 2006 (CC Meeting of 09- 20 -06) SUBJECT: Consider Partial Refund of the Cash Surety for the Moorpark Presbyterian Church at 13950 Peach Hill Road BACKGROUND The Presbyterian Church is constructing a 23,161 sq. ft. church facility on a 4.7 acre site located at the southeast corner of Spring Road and Peach Hill Road. (Attachment 1) DISCUSSION This is a two phase building project for a new sanctuary. Phase 1 (33% of project) consisting of the addition of sixty -nine parking spaces and planting fingers at the southeasterly corner of the property, and Phase 2 (67% of project) consisting of the construction of the new sanctuary and fifteen parking spaces with landscaping and site improvements. Phase 1 for the new sanctuary project has been completed and the Moorpark Presbyterian Church has requested a partial refund of their cash surety, check #0504001440, on file with the City. This cash surety, #0504001440, is being used as a mechanism to guarantee the grading and improvements for the new sanctuary project. The Moorpark Presbyterian Church, is requesting this reduction such that the funds can be used for Phase 2 of their new sanctuary project. All portions of Phase 1 covered under this cash surety have been completed. Staff recommends that thirty -three percent of the cash surety, check #0504001440, for the Moorpark Presbyterian Church on file with the City be refunded. The cash surety was 0 Honorable City Council September 20, 2006 Page 2 set at $133,539.25, and $44,067.95 is the amount to be refunded to the Moorpark Presbyterian Church leaving a balance of $89,471.30 to cover the remaining project improvements not yet completed. The following is the applicable bond: CHECK NO. TYPE REFUND AMT. 0504001440 Cash Deposit — Grading & Improvements $44,067.95 STAFF RECOMMENDATION Authorize the City Clerk to refund the above referenced cash surety amount, for the Moorpark Presbyterian Church. ATTACHMENT Attachment 1 - Vicinity Map 000436 0 4 91'7 ATTACHMENT 1 23 QO QO 0� 11 �y P J1G ONALD REAGAN FREEWAY �P HIGH STREET PRINCETON AVENUE CIZ a ¢ p�ENUE ti 11 EAST LOS ANGELES AVENUE 118 NEW LOS ANGELES m 9 'O9q S.o K�ql" 9�2C 23 OA m PROJECT SITE 0 9q F`� -vo9 �OPO ROAD TIERRA AEJADA 1/1►CINITYMAP NOT TO SCALE MOORPARK PRESBYTERIAN CHURCH ff00 33 S, 8