HomeMy WebLinkAboutAGENDA REPORT 1997 1105 CC REG ITEM 10DTO:
FROM:
DATE:
SUBJECT:
AGENDA REPORT
CITY OF MOORPARK
THE HONORABLE CITY COUNCIL
DIRK LOVETT, ASSISTANT CITY ENGINEER
Chris Oberender, Associate Engineer
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ITEM Joe D•
CrN OF MOORPARK, CALIFORNIA
City Council Meeting
of / / J 199
A N:
OCTOBER 17, 1997 (CC MEETING OF NOVEMBER 5, 1997)
EXONERATION OF MOORPARK CAYMUS GRADING BOND -
(BLOCKBUSTER)
BACKGROUND:
This project was approved by the City Council on December 18, 1996 and is located at the
northeast corner of Spring and New Los Angeles Avenue next to the McDonalds restaurant. A
vicinity map is attached for your reference (See Exhibit A).
A grading permit was issued for this project on June 11, 1997 and grading began immediately.
Approximately 450 cubic yards of earthwork were involved in the grading of the site. All
improvements have been satisfactorily completed and the building has been occupied. The
developer submitted a certificate of deposit to the City of Moorpark as security for the grading
work and is now requesting the release of that grading security, having completed the grading
improvements. Only a monument bond remains on file and the developer is not requesting its
release at this time.
All grading and onsite improvements have been completed and all conditions of approval for the
securities release have been met.
It is therefore appropriate to accept the grading improvements as complete and release Bank Of
America CD #03927 -01835 in the amount of $47,189.12.
•TTTI�iI_�LY>(I1iA
1 . Accept the grading improvements for Blockbuster as complete.
2. Authorize the City Clerk to release the aforementioned certificate of deposit.
CC bond ex blockbuster/Mac 7200
000465
U0., CATION do VlaNITY MAP
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NEW LOS I ANGELES AVE.
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(Exhibit A)
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NEW LOS I ANGELES AVE.
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(Exhibit A)
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