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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
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ATTACHMENT 1
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