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
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Legend
1:4,722
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