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HomeMy WebLinkAboutRelease Security - TM 37292 - Mi Casa Property LLCxK STAFF REPORT CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT MEETING DATE: May 28, 2020 PREPARED BY: Christina Canales, Engineering Assistant REQUEST: Authorize the release of maintenance security in the amount of $684.70 for Tract Map 37292 Recommendation Authorize the release of maintenance security in the amount of $684.70 for Tract Map 37292. Strateqic Plan This motion does not impact the strategic plan. Backqround Analvsis The project for Tract Map 37292 is a six -unit set of townhomes located at 45-840 Highway 74, north of Verba Santa Drive. Faithful Performance and Labor and Materials bonds were originally posted at the time of permit issuance. City Council approved the release of the bonds and the acceptance of a 10% cash, maintenance deposit in the amount of $684.70 on May 9, 2019. Per City Ordinance the maintenance deposit is held for one year. Staff recently re -inspected this project to insure that all improvements remain as they were originally accepted in 2019. The one-year maintenance period is now complete and therefore, staff recommends that City Council authorize the release of the maintenance obligation. Fiscal Analvsis There is no fiscal impact associated with this action. May 28, 2020 - Staff Report Authorize the Release of Maintenance Security in the Amount of $684.70 for Tract Map 37292 Page 2of2 LEGAL REVIEW DEPT. REVIEW FINANCIAL ASSISTANT REVIEW CITY MANAGER N/A �ar, �-M. ?'f%ou Andr r"wwexae %Hs �fRRC1G. Robert W. Hargreaves Tom Garcia, P.E. Andy Firestine City Attorney Director of Public Works Janet M. Moore Assistant City Manager Director of Finance City Manager, Lauri Aylaian: 212 APPLICANT: Mary Hsu Mi Casa Property, LLC 2275 Huntington Drive, Ste. 518 San Marino, CA 91108 ATTACHMENTS: Cash Receipt Vicinity Map I FTM17-0001 Address: 45850 HIGHWAY 74 APN: 628081008 FAITHFUL PERFORMANCE GL-6100000-2280600 LABOR AND M07ERIALS BONDD I GL-61DOGOa 22817fiQ0 I ORIGINAL $3,423.50 Date Paid: Tuesday, October 31, 2017 Paid By: MI CASA PROP Cashier: cc Pay Method: CHECK 634 Printed: Wednesday, November 01, 2017 2:25 PM 1 of 1 TRACT MAP 37292 6 UNIT TQWNHOMES APN:627281013 H0 use#:0 APN: R1 House#: APN: 640310033 House#: 0 APN: 628081032 House#: 46225 — Circulation Network City Boundary APN: 627291005 House#: 45775 Legend -- Streets ❑ Parcels (04/2019) 1: 1,987 Notes A E IL