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HomeMy WebLinkAboutRelease - Fairfield Inn - MMP Properties TIT H STAFF REPORT CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT MEETING DATE: September 6, 2018 PREPARED BY: Christina Canales, Engineering Assistant LC REQUEST: Release maintenance bond in the amount of $2,065 for offsite improvements for Fairfield Inn at 74-764 Technology Drive. Recommendation By Minute Motion, release maintenance bond in the amount of $2,065 for offsite improvements for Fairfield Inn at 74-764 Technology Drive. Strategic Plan This action has no impact on the Strategic Plan. Background Analysis The Fairfield Inn is located at 74-764 Technology Drive and Gerald Ford Drive. Faithful Performance, and Labor and Materials bonds for offsite improvements were originally submitted at grading permit issuance. On August 24, 2017, the City Council approved the release of the bonds, and accepted a maintenance bond in the amount of $2,065 to be held for one year. Staff has recently re-inspected the improvements to the Fairfield Inn to ensure that all improvements remain as they were originally accepted in 2017. The one-year maintenance period is now complete therefore; staff recommends that City Council authorize the release of the maintenance bond. Fiscal Analysis There is no fiscal impact associated with this action. September 6, 2018 — Staff Report Release maintenance bond in the amount of$2,065 for offsite improvements for Fairfield Inn at 74-764 Technology Drive Page 2 of 2 LEGAL REVIEW DEPT. REVIEW FINANCIAL CITY MANAGER REVIEW N/A / -� Robert W. Hargreaves Thomas Garcia, P.E. anet Moore Lauri Aylaian City Attorney Director of Public Works Director of Finance City Manager APPLICANT: MMP Properties, Inc. Jigish Shaw 1150 N. Mountain Ave, Ste. 102 Upland, CA 91786 ATTACHMENTS: Maintenance Bond Trust Deposit 5592 Vicinity Map 5592 • CITY OF PALM DESERT TREASURER'S RECEIPT FOR TRUST DEPOSIT DATE S I f I 1 AMOUNT 2/E DEPOSITOR'S NAME R) IYY10-11 VAC, . REASON FOR DEPOSIT filCvi 11 nD..d° C:f !' ' s.S - cir Rik-4e id Inn RECEIVED BY C ,(Cal ACCOUNT NUMBER(circle one): 610-0000-228-XX-00 (OD 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 Const/Landscape IS THE DEPOSIT REFUNDABLE? YES NO CONDITIONS TO BE MET BEFORE REFUNDING DEPOSIT? Avl publi rt AMOUNT REFUNDABLE 2,0 le 5 DATE TO BE REFUNDED MAIL REFUND TO: i 15 . . Fr`lt"t S'1 rl AN," . . 162 umvvict cistt FINANCE DEPARTMENT USE ONLY DATE REFUNDED CHECK NO. AMOUNT NOTE:ATTACH TAPE SHOWING CALCULATION OF INTEREST EARNED,IF ANY. Open CR Date: 8/11/I7 N Receipt no: 861?7 Total tendered $2965.68 Total payment WHT-PAYOR GRN-TRUST ACCT CAN-ACCOUNTING PINK-NUM CONTROL G ROD-ISSUING DEPT FAIRFIELD INN AT 74-764 TECHNOLOGY DRIVE E IL 1111, .\Ns \ioo,t13N,t# L 411, • Nito c - • . RO-DRIVE-- C. [1117-\ - ; t %), (:6 4N\\<3;) <2:),It — /\. CSS.;;, Legend 1:4,722 — Circulation Network — Streets rgl',� � City Boundary ElParcels(07/2017) Notes