The Moorpark City Council has decided to extend a deadline for a developer to complete required improvements in Meridian Hills, a residential development that has sat unfinished for more than a year.

The city will not charge Resmark Equity Partners LLC a $500,000 bond for at least another month. City officials will revisit the issue on Jan. 30, said Councilman Keith Millhouse.

“Progress has been made,” Millhouse said. “Obviously, we’re not happy with the time it has taken, but for the residents’ sake, it’s getting done.”

Resmark had until Dec. 30 to complete unfinished landscaping, street maintenance, erosion-control and asphalt improvements required by the city as part of its development agreement with original developer William Lyon Homes.

In October, the council discussed executing a $500,000 surety bond signed by the original developer based on what it believed was a lack of upkeep and improvements at the development off Walnut Canyon Road.

William Lyon originally had planned to build 265 homes but finished only 65. The company sold the remaining 200 lots to Resmark.

There are about 25 requirements in the development agreement, and six remain incomplete, according to a city staff report. They include installing a trail extension north of Meridian Hills, improving Walnut Canyon Road and landscaping areas visible from the public right of way.

Millhouse sits on a Meridian Hills ad-hoc committee with Mayor Janice Parvin. They are expecting a status report by the end of the month.

Since early 2008, owners of some of the 65 homes and city officials have called for William Lyon or Resmark to maintain the property. City officials said pending legal issues between a nearby landowner and both developers have stalled some of the improvements, but residents have said other projects also aren’t being com-pleted.

William Lyons told the city a year ago that the lots had been transferred, and the city staff directed the company to apply for an amendment reflecting the transfer of ownership. The council approved the amendment after William Lyon assured the city that certain improvements would be completed by the end of 2008.