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HomeMy WebLinkAboutCC AG PKT 2009-08-10 #QADEN®A STAFF REPORT DATE: August 10, 2009 TO: Honorable Mayor and City Council THRU: David Carmany, City Manager , FROM: Vince Mastrosimone, Director of Public Works SUBJECT: BOND RELEASE - 400 MARINA DRIVE SUMMARY OF REQUEST: The City Council is asked to adopt Resolution No. 5903 releasing a cash bond in the amount of $29,254.00 for public improvements at 400 Marina Drive provided by Mr. Robert Artura. SACICGROUND: The subject development is located at 400 Marina Drive, which is located at the southeast corner of 4th Street in the City of Seal Beach. The property owner on record for said property is Mr. Robert Artura, who also posted a cash bond in the amount of $29,254.00 public improvements. Such improvements include new trees, street lights, sidewalk and, curb & gutter. The improvements have been satisfactorily completed and at this time, the City Engineer recommends to release Mr. Artura's bond. FINANCIAL IMPACT: There is no financial impact. RECOMMENDATION: It is recommended City Council adopt Resolution No. 5903 releasing a cash bond in the amount of $29,254.00 for public improvements at 400 Marina Drive provided by Mr. Robert Artura. BMpTTED BY: / \ NOTED AND APPROVED: Vince Mastrosimone Director of Public Works ~~ David Carma y, City Manager Agenda Item Q RESOLUTION NUMBER 5903 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA AUTHORIZING THE RELEASE OF A CASH BOND FOR 400 MARINA DRIVE, PARCEL MAP NO.2005- 257 THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: SECTION 1. City Council authorizes the release of a Cash Bond in the amount of $29,254.00 for public improvements at 400 Marina Drive, Parcel Map No. 2005-257 to Robert Artura. PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a meeting hereof held on the 10th day of Auoust , 2009 by the following vote: AYES: COUNCILMEMBERS NOES: COUNCILMEMBERS ABSENT: COUNCILMEMBERS ABSTAIN: COUNCILMEMBERS Mayor ATTEST: City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number 5903 on file in the office of the City Clerk, passed, approved, and adopted by the City Council of the City of Seal Beach, at a regular meeting held on the 10th day of August , 2009. City Clerk