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HomeMy WebLinkAboutRlease Scrty - PM 36961 ML Weiner & AssocSTAFF REPORT CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT MEETING DATE: January 11, 2018 REQUEST: Recommendation X r� Lk Release improvement security for Parcel Map 36961 in the amount of $31,680 for off -site improvements to Dinah Shore Drive related to the Fairfield Inn By Minute Motion, release improvement security for Parcel Map 36961 in the amount of $31,680 for off -site improvements to Dinah Shore Drive related to the Fairfield Inn. Strategic Plan This action has no impact on the Strategic Plan. Background Analysis The subject property is located at Dinah Shore Drive between Leilani Way and Spyder Circle. A cash deposit for Faithful Performance in the amount of $21,120.00, and a Labor and Materials in the amount of $10,560.00 was submitted for off -site improvements to Dinah Shore Drive at the time of Parcel Map recordation. When Parcel Map 36961 was recorded, it split one parcel into two. The deposit submitted was for both parcels. Marlorkand, LLC retained Parcel 2, and Parcel 1 was sold to a developer. All improvements related to Parcel 2 have been completed. A bond for Parcel 1 has been submitted to the Public Works Department for the remaining improvements to be completed for Parcel 1. Staff recommends that the City Council authorize the release of the faithful performance and labor and materials bonds in full. January 11, 2018 - Staff Report Release improvement security for Parcel Map 36961 Page 2 of 2 Fiscal Analysis There is no fiscal impact associated with this action. r `alYlCC 4ita - Prepared by: Christina Canales, Assistant Engineer LEGAL REVIEW DEPT. REVIEW FINANCIAL REVIEW CITY MANAGER 9 N/A AttAy- Robert W. Hargreaves Bo Chen, P.E., Acting Viet Moore City Attorney Director of Public Works Director of Finance APPLICANT: ML Weiner & Assoc Ltd 43580 Monterey Avenue, Ste. 1 Palm Desert, CA 92260 TRUST DEPOSIT NO.: 5396 ATTACHMENTS: Trust Deposit Vicinity Map Lauri Aylaian City Manager CITY OF PALM DESERT TREASURER'S RECEIPT FOR TRUST DEPOSIT DATE 9/14 /r 5 AMOUNT $ 31 r deg 0 DEPOSITOR'S NAME In L LJei r r' = 145Sc�G L -,l REASON FOR DEPOSIT I may - C.• RECEIVED BY ACCOUNT NUMBER (circle one): 610-0000-228-XX-00 01 Deposit in Lieu of Bond 02 Monumentation 03 Monterey 170 04 Grading Bond 05 Demolition Bond 07 Faithful Performance Bond (F? Misc. One -Time Deposit 08 Multi Species Mitigation 11 Landscape & Lighting 13 Rent Review Commission 14 Candidates Deposit 15 Mitigation Fringe Lizard 16 Special Events 17 Wine & Art Festival 21 Assessment Dist. Deposit 23 Median Const/Landscape 24 25 34 39 49 5010 60 IS THE DEPOSIT REFUNDABLE? YES NO CONDITIONS TO BE MET BEFORE REFUNDING DEPOSIT? ApprMelliratett5it by Pubt i c (.4 1,,r_‹.. AMOUNT REFUNDABLE S3 t (pQ DATE TO BE REFUNDED MAIL REFUND TO: y V. 4�. 1 AIM {-' S,e !^i— l eb_74, r Art Essay Contest TUMF Employee Donations PM10 Deposit Athena Award Community Walk Planning Fee Deposit 5396 FINANCE DEPARTMENT USE ONLY DATE REFUNDED CHECK NO. AMOUNT NOTE: ATTACH TAPE SHOWING CALCULATION OF INTEREST EARNED, IF ANY. Qoer: CR Date: 9/J4/15 88 Total tendered Total payment Receipt no: 3548 i311A0.88 $31680.68 WIIT-PAYOR GRN • TRUST ACCT CAN ACCOUNTING PINK NUM CONTROL GROD ISSUINGDET Og 00 g iCUD Frm — f ink` Legend PARCEL MAP 36961 — Circulation Network City Boundary GPYCER-CIRCLE — Streets 0 Parcels (1012017) 1: 3,030 Notes