City of Moorpark City Council Regular Meeting Agenda May 20, 2026
Moorpark Reduces Subdivision Surety Bonds for KB Homes
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Description
The City of Moorpark will reduce two surety bonds tied to Tract No. 6061 for KB Homes Greater Los Angeles, Inc., lowering the street, storm drain, and erosion control bond from $1.35 million to $890,851.43 and the grading bond from $222,695.07 to $167,021.30. The reductions reflect progress toward completion of required subdivision improvements.
Contract Details
Contract Amount
Bond No. 30212959 reduced from $1,353,953.30 to $890,851.43; Bond No. 30212960 reduced from $222,695.07 to $167,021.30
Vendor
KB HOMES GREATER LOS ANGELES INC
Agency
City of Moorpark, CA
Contract Type
CONSTRUCTION
Document Date
May 18, 2026
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