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HomeMy WebLinkAboutRelease Security - T28818 Marriott Ownership Resorts, Inc.CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Release Improvement Security for Tract 28818 for Marriott Shadow Ridge, Marriott Ownership Resorts, Inc., Mass Grading SUBMITTED BY: Mark Greenwood, City Engineer APPLICANT: Marriott Ownership Resorts, Inc. BONDING COMPANY: P. O. Box 12757 Seaboard Surety Company Palm Desert, CA 92255 BOND NO: 376782 DATE: March 25, 2004 CONTENTS: Vicinity Map Recommendation: By minute motion, authorize the City Clerk to release the subject improvement security for Tract 28818 for Marriott Shadow Ridge, Marriott Ownership Resorts, Inc., mass grading, in the amount of $317,475.00. Discussion: Tract 28818, Marriott Ownership Resorts, Inc., Shadow Ridge, is located on the east side of Monterey Avenue between Gerald Ford Drive and Frank Sinatra Drive. At the time of grading permit issuance, the subject security was posted with the City for the mass grading operation. The mass grading has been completed and it is no longer necessary to hold the bond for this work. Other bonds have been submitted for various phases of on -going work for this project. A maintenance bond is not required for mass grading work. All grading work has been completed in accordance with the approved plans and has been inspected by the Public Works staff and found to be acceptable. Therefore, Public Works staff recommends the City Council accept the work as complete and uthorize rel-ase of the subject security. Submi :=d Mark Green 'ood, P.E. City Engineer Approva ACM for Dev MG:SJ/sd Department Head: Michael Errante, P.E. Director of Public Works pment Services City Mana L G`PLLb 'oi ks`Staf Reports`2004'.March 254Re1case Improvement Security for Tract 28818 wpd ;atlhedrai City `1ii RAIAON Rfl OINAH J 1 9t C CERALD > 0 FRANK Rancho Mirage COUNTRY W i m 10 I g 1 cum Palm s FRED HWY OR I - Overt Marriott Shadow Ridge Tract 28818 i $ d O 42H0 AVE AVE 10 Bermuda 1 i S ME 111 VICINITY MAP NTS 111