Urgent Petition: Morro Bay Residents

Jet Fuel Tank Removal Performance Bond

Dear Morro Bay Resident

I the undersigned hereby petition the City of Morro Bay to require a performance bond from the applicant associated with project Case No. CPO-500, UPO-440 - Demolish & Removal of 2 Fuel Tanks & 1 Water Tank at 3300 Panorama Drive, Morro Bay, CA. Provisions of the bond are to be fully commensurate with the full term, scope, cost and schedule for this project. This project presents a liability to the citizens and City of Morro Bay that far exceeds the fiscal capabilities of both, should this project be abandoned or rendered incomplete by the applicant.

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Are you a Morro Bay resident? Please sign the above petition to protect your property, safety and health during the proposed redevelopment of a toxic jet fuel site in our city.

An out of town developer has petitioned the City of Morro Bay to approve the first stage of development of a formerly toxic Superfund site in Morro Bay. The developer is proposing to remove the large jet fuel tanks located at 3300 Panorama.

While most residents support the removal of these tanks, we want to make sure that the project is completed in a safe and timely manner, and at no cost to the City of Morro Bay or its residents.

Because this project poses health/safety as well as fiscal dangers to Morro Bay residents, the Morro Bay Stakeholders are petitioning the City of Morro Bay to require that the developer obtain a performance bond. We feel that this is the only way to insure that the project is completed in a safe and timely manner.

Without a performance bond a failed or bankrupt developer can leave a project incomplete, and Morro Bay taxpayers would be stuck with cleaning up and paying the bill. Clearly, the City of Morro Bay cannot afford to fix a failed project of this size and scope. What exactly is a performance bond? Read about it here.

Please sign this petition and share it with your neighbors. Ask your City officials to do their job and protect our health, property and future prosperity. Thank You!

Concerned Resident 195