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HomeMy WebLinkAboutRelease Security TM 29692 - The Cypress Estates, LLCCITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Release Improvement Security for Tract Map 29692 SUBMITTED BY: Mark Greenwood, P.E., City Engineer APPLICANT: The Cypress Estates, LLC P.O. Box 7676 Capistrano Beach, CA 92624 Bonding Company: American Motorists Insurance Company Bond No.: 3SM99047000 DATE: September 8, 2005 CONTENTS: Vicinity Map Recommendation: By minute motion, authorize the City Clerk to release the subject improvement securities. Discussion: Tract Map 29692 is located on the east side of Portola Avenue, 300 feet south of Fairway Drive. All improvements have been completed in accordance with the approved plans and have been inspected by Public Works staff and found to be acceptable. Due to the minor nature of the off - site improvements that were constructed over a year ago and accepted by the Public Works Department in March 2005, staff requests waiver of the typical one-year maintenance bond. Public Works staff recommends the City Council accept the work as complete and authorize the release of the subject security. Submitte Mark Greenwood, P.E. City Engineer Approv GA ment Services City Manager Departme t H-ad 69g- Michael Errante, P.E. Director of Public Works Finance Director G tPubWorks\Staff Report st2005tSeptember 8tRefease Improvement securely for TR 29692.00c 4 I . 0'3 - , . MOUNTAIN PARK ESTATES 1 -z" • - -FARWAY FAIRWAY DR • 4545_1