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HomeMy WebLinkAboutRelease Security TM 34626 Upon Replacement Bond CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Release Landscape Security for TR 34626 Upon Receipt of Replacement Bond SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: WL Homes LLC 255 N. Rincon Street, Ste. 100 Corona, CA 92879 Bonding Company Bond Safeguard Insurance Company Bond No.: 5024759 1919 S. Highland Avenue, Bldg A, Suite 300 Lombard, IL 60148 DATE: August 9, 2007 CONTENTS: Vicinity Map Recommendation: By minute motion, authorize City Clerk to release landscape security number 5024759 by WL Homes, LLC, upon receipt of a replacement bond for TR 34626 by the landscape contractor. Discussion: Tract Map 34626 is located within the Community Facilities District 2005-1 (CFD), southwest of College Drive and easterly of University Park Drive. The City required the master developer, Palm Desert Funding, LP, to post a bond for landscaping associated with the subdivision. At the time of grading permit issuance the sub-developer, WL Homes, LLC, posted the bond with the City in care of Palm Desert Funding. Recently, a landscape contractor, Sierra Landscaping, was hired by Palm Desert Funding to do the actual landscaping. Therefore, Palm Desert Funding is requesting that Release Landscape ends TR 34626 Page 2 of 2 August 9, 2007 the City release the bond posted by WL Homes upon receipt of the replacement bond from Sierra Landscaping. Therefore, staff recommends that City Council authorize the City Clerk to release security number 5024759 by WL Homes, LLC, upon receipt of a replacement bond for TR 34626 by the landscape contractor. Submitted By: Department Head: Bo Chen, P.E. Mark Greenwood, P.E. City Engineer Director of Public Works Approval: II A Homer Croy Paul Gibson ACM for Dev_ •iiment Services Finance Director CITY COUNCILCTION: APPROVED DENIED RECEIVED OTHER Carlos L. Orte . MEETI DATE City Manager • AYES: 0501. NOES: U f' ABSENT- ABSTAIN. , WUn Cal /cc/dhl JERIFIED BY. )riginal on File h City Clerk' s OffirE City of Palm Desert ArcIMS Map Output Page 1 of 1 TRACT NO. 34626 VICINITY MAP u '" GERALD FORD DR a 4G, `` n Tii ,A S 41 �:Mk v-fQ _ F`,, 44ta 11 .1 Gi' GERALO FOR. D_DR ,:■ -NN �Q 1 I ■■■■■■►. ■■■■■■■ o . ■■■■■■■■�< ,.. ,b ■■■■■■■■■ c, .✓‹ gl■■■Apisim■■ fi• -11 _ .■■■■■■■■■■■► — \\\- ■■■1■■■■/ scl o col U 11111 fi.) Cr--- FRANK SINATRA D t http://10.20.2.35/servlet/com.esri.esrimap.Esrimap?ServiceName=CitvOverview&ClientV... 5/24/2007 • PERFORMANCE BOND Bond 6252910 Premium: $9,300.00 KNOW ALL BY THESE PRESENTS,That we, Sierra Landscape Co. (hereinafter called the Principal),as Principal,and First National Insurance Company of America a corporation duly organized under the laws of the State of Washington (hereinafter called the Surety), as Surety, are held and firmly bound unto City of Palm Desert , (hereinafter called the Obligee), in the sum of Five Hundred Eighty Thousand and no/100 ($ 580,000.00 )Dollars, for the payment of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally,firmly by these presents. Signed and sealed this 19th day of June , 2007 . WHEREAS,said Principal has entered into a written Contract with said Obligee,dated for University Park — Phase 2 — Landscape Operations in accordance with the terms and conditions of said Contract,which is hereby referred to and made a part hereof as if fully set forth herein: NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the above bounden Principal shall well and truly keep,do and perform each and every,all and singular,the matters and things in said contract set forth and specified to be by said Principal kept, done and performed, at the times and in the manner in said contract specified, or shall pay over, make good and reimburse to the above named Obligee,all loss and damage which said Obligee may sustain by reason of failure or default on the part of said Principal so to do,then this obligation shall be null and void;otherwise shall remain in full force and effect. NO SUIT, ACTION OR PROCEEDING by the Obligee to recover on this bond shall be sustained unless the same be commenced within two(2)years following the date on which Principal ceased work on said Contract. Sierra cape Co �� /�Principal By .' 6 6b(�Ll itz, First National Insurance Company of America ByC` -45/L'Q Diane Nielsen) Attorney-in-Fact S-0757/GEEF 10/99 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of California County of Riverside } SS. On August 9. 2007 before me, S.DeLaet,NOTARY PUBLIC. personally appeared GEORGE GONZALEZ, [X]personally known to me [ ]proved to me on the basis of satisfactory evidence, to be the person() whose name is ar subscribed to the within instrument and acknowledged to me tha h y executed the same in hi 'herhhl ir— authorized capacity(jeg), and that by i signature$ on the instrument the person, or the entity upon behalf of which the personi(s) acted, executed the instrument. WITNESS my hand and official seal. S. Ct T Commission• 1723123 "h` Notary public -California; Riverside. County *Carrm.reqpiesfeb2,2011 ign ture of Notary Public Capacity(ies) Claimed by Signer Signers Name: [ ] Individual [X] Corporate Officer-Title(s): President [ ] Partner- I] Limited 0 General [ ] Attorney in Fact [ ] Trustee [ ] Guardian or Conservator [] Other: Signer is Representing: Sierra Landscape Co. STATE OF CALIFORNIA } COUNTY OF RIVERSIDE ON Tuhe Iq 1 ZOO, ,BEFORE ME, LINDA CURIEL, Notary Public PERSONALLY APPEARED: DIANE NIELSEN Capacity Claimed By Signer(s): ( ) Individual(s) ( ) Corporate ( ) Partner(s) `K Attorney In Fact ( ) Trustee(s) ( ) Guardian/Conservator ( ) Other: Personally known to me (or proved to me on the basis of satisfactory evidence)to be the person (s) whose name(s)is/are subscribed to the within instrument& acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures (s) on the instrument the person (s), or the entity upon behalf of which the person (s) acted, executed the instrument. LINDA CURIEL WITNESS my hand and official seal. Commission# 1451765 a :` Notary Public-California Z ors ^"- Riverside County finda � � MyComm.Expires tiov 20.200: Signs re Curiel,Notary ALL PURPOSE-ACKNOWLEDGMENT SAFECO Insurance Company SAFECO PO Box WA 9 P Seattle,WA 8124-1526 FIRST NATIONAL SURETY Bond 6252910 CONTRACT BOND -CALIFORNIA PAYMENT BOND KNOW ALL BY THESE PRESENTS,That we, Sierra Landscape Co. and the FIRST NATIONAL INSURANCE COMPANY OF AMERICA, a corporation organized and existing under the laws of the State of Washington and authorized to transact surety business in the State of California, as Surety, are held and firmly bound unto City of Palm Desert ,as Obligee, in the sum of Five Hundred Eighty Thousand and no/100 Dollars($ 580,000.00 ), for the payment whereof,well and truly to be made, said Principal and Surety bind themselves,their heirs, administrators,successors and assigns,jointly and severally,firmly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH,That WHEREAS,the above-bounden Principal has entered into a contract,dated day of , ,with the Obligee to do and perform the following work,to-wit: University Park — Phase 2 — Landscape Operations NOW,THEREFORE,if the above-bounden Principal or his/her subcontractors fail to pay any of the persons named in Section 3181 of the Civil Code of the State of California, or amounts due under the Unemployment Insurance Code with respect to work or labor performed under the Contract, or any amounts required to be deducted, withheld and paid over to the Franchise Tax Board from the wages of employees of the Principal or his/her subcontractors pursuant to Section 18806 of the Revenue and Taxation Code, with respect to such work and labor,Surety will pay for the same,in an amount not exceeding the amount specified in this bond,and also,in case suit is brought upon this bond,a reasonable attorney's fee,to be fixed by the court. This bond shall inure to the benefit of any and all persons, companies or corporations entitled to file claims under Section 3181 of the Civil Code of the State of California,so as to give a right of action to them or their assigns in any suit brought upon this bond. Signed,sealed and dated this 19th day of June , 2007 . Sierra Landscape Co. Principal &or &tizch; I ist ded-No premium is charged for this bond. It is executed in connection with a bond for the performance of the contract. FIRST NATIONAL INSURANCE COMPANY OF AMERICA By O U YJ ' (Diane Nielsen) Attorney-in-Fact S-0816/FNEF 10/99 ®A registered trademark of SAFECO Corporation FRP CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT State of California County of Riverside } ss. On August 9, 2007 before me, S,DeLaet,NOTARY PUBLIC, personally appeared GEORGE GONZALEZ, [X]personally known to me [ ] roved to me on the basis of satisfactory evidence, to be the personfrA) whose name( } is subscribed to the within instrument and acknowledged to me t/ /she ey executed the same in Os/her/their heir authorized capacity(ia , and that by ll his/ ,1/lli�ir signature() on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. S. DEl/1ET Commission 11723123 it i•.,t .■ Nglary Public -California '19 , Riverside County _ �' oA Expires Feb 2,20l 1 Signature of Notary Public Capacity(ies) Claimed by Signer Signers Name: [ ] Individual [X] Corporate Officer-Title(s): President [ ] Partner- I] Limited 0 General [ ] Attorney in Fact [ ] Trustee [ ] Guardian or Conservator [] Other: Signer is Representing: Sierra Landscape Co. STATE OF CALIFORNIA } COUNTY OF RIVERSIDE ON S(Ahe_ I q, 2,001 ,BEFORE ME, LINDA CURIEL, Notary Public PERSONALLY APPEARED: DIANE NIELSEN Capacity Claimed By Signer(s): ( ) Individual(s) ( ) Corporate ( ) Partner(s) Of) Attorney In Fact ( ) Trustee(s) ( ) Guardian/Conservator ( ) Other: Personally known to me(or proved to me on the basis of satisfactory evidence)to be the person (s) whose name(s)is/are subscribed to the within instrument & acknowledged to me that he/she/they executed the same in his/her/their authorized capacity (ies), and that by his/her/their signatures (s) on the instrument the person (s), or the entity upon behalf of which the person (s) acted, executed the instrument. • LINDA CURIEL WITNESS my hand and official seal. Commission# 1451765 • zfel.,, Notar. Y Public-California Riverside County / ! My Comm.Expires Nov 20,2007 Signatur$: C-/7i ( L/tx� -�' L' da Curie!, Notary ALL PURPOSE ACKNOWLEDGMENT • POWER First National Insurance Company of America CO OF ATTORNEY Safeco Plaza Seattle,WA 98185 No. 10903 KNOW ALL BY THESE PRESENTS: That FIRST NATIONAL INSURANCE COMPANY OF AMERICA,a Washington corporation,does hereby appoint *******MATT COSTELLO;PAUL W.LEWIS;DIANE NIELSEN;SAL SANDOVAL;VAN G.TANNER;Palm Desert,California******* its true and lawful attorney(s)-in-fact, with full authority to execute on behalf of the company fidelity and surety bonds or undertakings and other documents of a similar character issued by the company in the course of its business, and to bind FIRST NATIONAL INSURANCE COMPANY OF AMERICA thereby as fully as if such instruments had been duly executed by its regularly elected officers at its home office. IN WITNESS WHEREOF,FIRST NATIONAL INSURANCE COMPANY OF AMERICA has executed and attested these presents this 14th day of May , 2007 STEPHANIE DALEY-WATSON,SECRETARY TIM MIKOLAJEWSKI,SENIOR VICE-PRESIDENT,SURETY CERTIFICATE Extract from the By-Laws of FIRST NATIONAL INSURANCE COMPANY OF AMERICA: "Article V, Section 13. - FIDELITY AND SURETY BONDS ... the President, any Vice President, the Secretary, and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business...On any instrument making or evidencing such appointment,the signatures may be affixed by facsimile.On any instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced; provided,however,that the seal shall not be necessary to the validity of any such instrument or undertaking." Extract from a Resolution of the Board of Directors of FIRST NATIONAL INSURANCE COMPANY OF AMERICA adopted July 28,1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (i) The provisions of Article V,Section 13 of the By-Laws,and (ii) A copy of the power-of-attorney appointment,executed pursuant thereto,and (iii) Certifying that said power-of-attorney appointment is in full force and effect, the signature of the certifying officer may be by facsimile,and the seal of the Company may be a facsimile thereof." I,Stephanie Daley-Watson ,Secretary of FIRST NATIONAL INSURANCE COMPANY OF AMERICA,do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of this corporation, and of a Power of Attorney issued pursuant thereto,are true and correct, and that both the By-Laws,the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the facsimile seal of said corporation this /9 # day of J MC , 2 . SEAL e I1928��.� ?x,, STEPHANIE DALEY-WATSON,SECRETARY ' Of wAs S-1049/DF 4/05 ♦ • Safeco®and the Safeco logo are registered trademarks of Safeco Corporation. WEB PDF