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HomeMy WebLinkAboutTM28818 Release of Mass Grading Security _r • l j CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT - REQUEST: Release of Mass Grading Improvement Security For Tract 28818 - Marriott Shadow Ridge, Phase 1 APPLICANT: Marriott Ownership Resorts International P.O. Box 12757 Palm Desert, California 92255 Bonding Company: United Pacific Insurance Company Bond No. U2809078 DATE: May 10, 2001 • Recommendation: By minute motion, authorize the City Clerk to release the subject improvement securities. Background: The above-referenced security involves the mass grading associated with the Marriott Shadow Ridge project. At the time of mass grading permit issuance, the subject securities were posted with the City for the grading operation. That grading work has been completed in substantial conformance with the approved plans and has been inspected by the Public Works staff and found to be acceptable. Since the subject improvement securities were for grading only, the normal one-year maintenance bond in not being required. Public Works staff recommends that the City Council authorize the release of the subject security. Staff Report Release of Mass Grading Improvement Security Improvement for Tract 28818 Marriott Shadow Ridge, Phase 1 May 10, 2001 Page 2 of 2 Submitted By: osep S. Gaugush, PE Director of Public Works/City Engineer Approval: City Manager Finance Director JSG:SJ/rh CITY COUNCL 1AcTION: APPROVED DENIED, RECEIVED OTHER MEETIN E AYES: `r n Qi NOES: ABSENT: D ABSTAIN: VERIFIED BY: .ce(), m Original on File with City Clerk's Office G:\PubWorks\Sonja De La Fuente\My Documents\STAFF REPORTS\Release Mass Grading Improvement Security Tract 28818.doc