HomeMy WebLinkAboutRelease - PD Greens Maint Facility STAFF REPORT
CITY OF PALM DESERT
PUBLIC WORKS DEPARTMENT
MEETING DATE: February 22, 2018
PREPARED BY: Christina Canales, Assistant Engineer (`'
REQUEST: Release cash deposits for the Palm Desert Greens Maintenance
Facility grading in the amount of$75,467.25.
Recommendation
By Minute Motion, release cash deposits for the Palm Desert Greens Maintenance
Facility grading in the amount of$75,467.25.
Strategic Plan
This action has no impact on the Strategic Plan.
Background Analysis
The subject property is located within Palm Desert Greens Country Club at Country Club
Drive between Monterey Avenue and Portola Avenue. At the time of grading permit
issuance, a cash deposit was submitted for Faithful Performance in the amount of
$50,311.50, and for Labor and Materials in the amount of $25,155.75. Grading for this
project is complete. Staff recommends that the City Council authorize the release of the
Faithful Performance and Labor and Materials cash deposits in full.
Fiscal Analysis
There is no fiscal impact associated with this action.
February 22, 2018 — Staff Report
Release Cash Deposit for the Palm Desert Greens Maintenance Facility in the amount of
$75,467.25
Page 2 of 2
LEGAL REVIEW DEPT. REVIEW FINANCIAL CITY MANAGER
REVIEW
N/A
ite...44-49 ,411-411
othy f oo a son, P.E.
Robert W. Hargreaves Independent In erim Janet Moore Lauri Aylaian
City Attorney Director of Public Works Director of Finance City Manager
APPLICANT: Palm Desert Greens Association
73-750 Country Club Drive
Palm Desert, CA 92260
Attn: Roberta Reynolds, GM
ATTACHMENTS: Trust Deposit
Vicinity Map
5518
CITY OF PALM DESERT
1.M pp, TREASURER'S RECEIPT FOR TRUST DEPOSIT
DATE 12..0/ AMOUNT 17J U / 7, 25
DEPOSITOR'S NAME P4) m o 4 6-Y-4-etilS Pt snot- i .h c•-)
REASON FOR DEPOSIT F& c u I Pe r Po rW16 1r p LAI+ rc2/1 a.
n eu+e.,,Y I a QS P D Cs-r41 S ivve ,! YZ,k'. I t
RECEIVED BY i
ACCOUNT NUMBER(circle one):
610-0000-228-XX-00
01 Deposit in Lieu of Bond 11 Landscape&Lighting 24 Art Essay Contest
02 Monumentation 13 Rent Review Commission 25 TUMF
03 Monterey 170 14 Candidates Deposit 34 Employee Donations
04 Grading Bond 15 Mitigation Fringe Lizard 39 PM10 Deposit
05 Demolition Bond 16 Special Events 49 Athena Award
06 Faithful Performance Bond 17 Wine&Art Festival 5010 Community Walk
07 Misc. One-Time Deposit 21 Assessment Dist. Deposit 60 Planning Fee Deposit
08 Multi Species Mitigation 23 Median ConstfLandscape
IS THE DEPOSIT REFUNDABLE? YES +-/ NO
CONDITIONS TO BE MET BEFORE REFUNDING DEPOSIT?
AMOUNT REFUNDABLE "S'T j 110.Z93ATE TO BE REFUNDED
MAIL REFUND TO:
FINANCE DEPARTMENT USE ONLY
DATE REFUNDED CHECK NO. AMOUNT
NOTE:ATTACH TAPE SHOWING CALCULATION OF INTEREST EARNED,IF ANY.
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Dat : 1t tif-t tip
Total N40,/it' if)
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W1IT PAYOR GRN TRUST ACCT CAN ACCOUNTING PINK•NUM CONTROL G ROD ISSUING DEPT