City of Camarillo
AGENDA REPORT
Date: January 22, 2025
To: Honorable Mayor and Councilmembers
From: Greg Ramirez, City Manager
Submitted by: Dave Klotzle, Director of Public Works
Subject: CPD-197M(1), CPG Partners LP – Resolution Accepting Public Improvements and Warranty Security and Exonerating Traffic Signal Performance Security
BACKGROUND
CPD-197M(1) developed the Camarillo Promenade outlet stores located on the southeast corner of Ventura Boulevard and Las Posas Road. On March 27, 2013, the City Council accepted the public improvements and exonerated securities for CPD-197M(1) and also retained securities for a future traffic signal at the intersection of Camarillo Center Drive and Ventura Boulevard as shown on the location map (Attachment 1).
DISCUSSION
City staff conducted a traffic signal study at Camarillo Center Drive and Ventura Boulevard and determined that the installation of a traffic signal is warranted based on the number of reported traffic collisions within a 12-month period. The traffic signal installation at the intersection has been completed by the developer to the satisfaction of the Transportation Engineer and the following securities may be exonerated: Travelers Casualty and Surety Company of America Performance/Labor and Materials Bonds No. 104956183 in the amount $305,855.
The following warranty security has been submitted and will remain in place for the required maintenance period: Travelers Casualty and Surety Company Warranty Bond No. 107969793 in the amount of $76,464 for the traffic signal at the intersection of Camarillo Center Drive and Ventura Boulevard.
FISCAL IMPACT
Funds for the operation and maintenance of the traffic signal are included in the Public Works, Traffic Division budget.
CEQA DETERMINATIONS
On August 24, 2005, the City of Camarillo City Council certified a Subsequent Environmental Impact Report (SEIR) for CPD-197M(1). Pursuant to CEQA Guideline section 15162(a) no subsequent CEQA review is required because there are no substantial changes to the
CPD-197M(1) Accept Public Improvements
January 22, 2025
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project or the circumstances under which the project is being undertaken, and no new information of substantial importance regarding the project has come to light triggering the need for a subsequent EIR for the project.
RECOMMENDATION
Adopt a Resolution accepting public improvements and warranty security and exonerating traffic signal securities for CPD-197M(1).
ATTACHMENTS
1. Location Map
2. Resolution
REFERENCE MATERIALS – AVAILABLE FOR REVIEW AT CITY HALL None