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HomeMy WebLinkAboutRelease - PM 37349 - Spinell Homes IncSTAFF REPORT CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT MEETING DATE: May 9, 2019 PREPARED BY: Christina Canales, Engineering Assistant REQUEST: Release Cash Deposits for Garagetown, Parcel Map 37349 in the amount of $10,125.00 for Faithful Performance and $5,625.00 for Labor and Materials and accept a Maintenance deposit in the amount of $1,125.00. Recommendation By Minute Motion, release cash deposits for Garagetown, Parcel Map 37349 in the amount of $10,125.00 for Faithful Performance and $5,625.00 for Labor and Materials and accept a Maintenance deposit in the amount of $1,125.00, which will be held for a period of one year. Strategic Plan This action has no impact on the Strategic Plan. Background Analvsis Parcel Map 37349 for Garagetown is a 49-unit garage/storage area within two buildings located at 73-660 Dinah Shore Drive. A cash deposit for Faithful Performance in the amount of $11,250.00 and a cash deposit for Labor and Materials in the amount of $5,625.00 was posted for off -site improvements at the time of map approval. All improvements for this project have been completed. A 10% Maintenance deposit in the amount of $1,125.00 is being withheld from the Faithful Performance deposit and will be held for one year. Therefore, staff recommends that City Council authorize the release of the Faithful Performance and Labor and Materials deposits and accept a 10% Maintenance deposit, which will be held for a period of one year. Fiscal Analvsis There is no fiscal impact associated with this action. May 9, 2019 — Staff Report Release Deposits for Garagetown, Parcel Map 37349 and Accept Maintenance Deposit Page 2 of 2 LEGAL REVIEW DEPT. REVIEW FINANCIAL CITY MANAGER REVIEW N/A Robert W. Hargreaves Tom Garcia, P.E. et Moore Lauri Aylaian City Attorney Director of Public Works Director of Finance City Manaqer APPLICANT: Chuck Spinelli Spinell Homes, Inc. 1900 W. Northern Lights Blvd., #200 Anchorage, AK 99517 ATTACHMENTS: Cash Receipt Vicinity Map FPM1740003 Address: 73660 DINAH SHORE DR FAITHFUL PERFORMANCE BOND LABOR AND MATERIALS BOND Date Paid: Tuesday, December 05, 2017 Paid By: DESERT GT, LLC Cashier: cc Pay Method: CASH APN:694060030 GL-6100000-2280600 GL-6100000-2280600 ORIGINAL ORIGINAL $11,250.00 $5,625.00 /� Printed: Tuesday, April 23, 2019 8:46 AM 1 of 1I+ iiWCT 4 PM 37349 GARAGETOWN 90 0 IMP iiiil flit Riil iiiil oiii iiiii iilii Un __ iiil � sr •i�•e: C i - Circulation Network City Boundary PM 37349 GARAGETGWN an `IIl 11 z� l l I _III 1 1 r�11 I I I I I I I I I I I I 17. Legend 1: 5,528 — Streets ❑ Panels (0412019) Notes 0