HomeMy WebLinkAboutAGENDA REPORT 1997 1217 CC REG ITEM 10OI U D 41(.1 lv�
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AGENDA REPORT
CITY OF MOORPARK CTTY OF MOORPAR& CALIFORNIA
City Council Meeting
of i -y l— 199
To: The Honorable City Council
ACTION:
From: Dirk Lovett, Assistant City Engineer
Prepared By Jim Colton, Associate Civil Engineer BY:_
Pilt-
Date: December 5, 1997 (Council Meeting of January 7, 1997)
Subject: Consider releasing the Certificate of Deposit #5533 for Grading
Permit #GP -51
BACKGROUND
On January 31, 1997 General Optics Inc. was issued Grading Permit No. GP -51. The
permit was for the excavation of 1591 yds. and fill of 308 yds. of soil. The proposed
development was for a 32,650 SF. concrete tilt up building. A certificate of deposit in the
amount of $19,981 was deposited as a surety to the City.
DISCUSSION
The inspection reports and final grading certification are on file at the Engineering
Department. All grading has been inspected and approved by City Engineering. The
applicant now requests release of the certificate of deposit (letter attached).
RECOMMENDATION
Release Certificate of Deposit #5533 to: General Optics, Inc. 554 Flinn Avenue,
Moorpark, CA 93021.
[MM;C:UC\JCAGENDA.DOC] 000476
DEC -04 -1997 13:49 GENERAL OPTICS. INC. 1 805 529 4298 P.01i01
GIENIERAL OPTICS, INC. PRECISION OPTICAL COMPONENTS
554 F11NN AVENUE MOORPARK. CALIFORNIA 93021 (805) 529 -3324 FAX (805) 529 -4298
FAX TRANSMISSION FORM
Date: December 4, 1997 Page #1 of 1
Fax to: City of Moorpark
Attn: Dick Lovett, Engineering Dept.
Fax 529 -5416
From: Ken Scribner
Subject: Grading Permit #GP -51
PLEASE CALL THE ABOVE NUMBER IF ALL PAGES ARE NOT RECEIVED.
MESSAGE:
Please release the Certificate of Deposit #5533 assigned to you on 21 January 1997. The
project is complete.
For your reference, the CD was originally with Transworld Bank. Transworld Bank was
sold to Glendale Federal Bank in early 197, so you may or may not have Glendale Federal
correspondence on this CD.
Regards,
jA�"-
DEC -05 -1997 10 :45 GENERAL OPTICS. INC. 805 529 4298 P.01%01
Q PRINCIPAL PAYABLE TO* * * 71E �¢. ^cn 1 ; Or t`J M W* * :F J•E * �i A' � * 7� : � � ' �' � ,
!� UPON MATURITY Z40�fy���7�o SENT lW AND "RENDER OF THIS CERTIFICATE. PAOPERLY EWDOR= AT THE'
1~ �i
AT THE RATE OF X PER ANNUM IF-LE" UPON 40,V INLl1 T 'I x
t 4.95 APY
7.16.97 {180 _DAYS _
THE MATURITY OF TM CERTB'fCATE IS QOM ��. •:Af .
MRltllb��,
FOR A SIMILAR PERIOD AT TttE NATO IN EFFECT ON THR bAY OF WURTTY UWLfd Kl/ ftEsoo W! r
y FUNDS MAY NOT BE WRODRAiMN PRION TO NWWY UHLfSS A SUBSTAN I AWU1 l� J
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TOTAL P.01
000478
NDT BUBJECT TO CHECK
'11113 TransWorld Bank -,
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DEPOSITED IN THIS BANK *
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TOTAL P.01
000478