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HomeMy WebLinkAboutRelease Security TM33935 Trans West Housing, Inc.CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Release Improvement Security for Tract 33935, Kingston Court for Palm Desert Terracina, LLC SUBMITTED BY: Mark Greenwood, P.E. Director of Public Works APPLICANT: Trans West Housing, Inc. 47-120 Dune Palms Road La Quinta, A 92253 Bonding Company Insurance Company of the West Bond No.: 2173189 DATE: November 16, 2006 CONTENTS: Vicinity Map Recommendation: By minute motion, authorize the City Clerk to release the subject improvement security for Tract 33935, Kingston Court, for Palm Desert Terracina, LLC, in the amount of $558,841.00. Discussion: Tract 33935 is located between Shepherd Lane and Portola Avenue approximately 1,000 feet north of Frank Sinatra Drive. At the time of grading permit issuance the subject security was posted with the City for the grading and street improvements. All grading and street work has been completed in accordance with the approved plans and has been inspected by the Public Works staff and found to be acceptable. A standard one-year 10% maintenance bond in the amount of $55,884.00 has been submitted. N G:IPubWorks\StafReports12006Wovember 1611 Release Improvement Security TM 339351Release Security TR 33935.doc Release Improvement Security for Tract 33935 Page 2 of 2 November 16, 2006 Therefore, staff recommends that City Council accept the work as complete and authorize the City Clerk to release the subject improvement security for Tract 33935 in the amount of $558,841.00. Prepared By: R. Page Garner, L.S. Sr. Engineer/City Surveyor Approv omer o ACM for D opment Services Carlos L. Og City Manager /dhl Departme Mark Green(ivood, P.E. Director of Public Works Finance Director C1'i'Y Cut1NC1L ACTION: APPROVED DENIED RECEIVED OTHER J 4 STING DATE t J-ilv-o 1 AYES : Bens on NOES: ND4 ��; FP son. ABSENT : ABSTAIN: N oiNP" VERIFIED BY: RISK/ ro Original nn File with ity Clerk's Offi_cc G:IPubWorkslStaff Reportsl2006Wovember 1611 Release Improvement Security TM 339354Release Security TR 33935 doc City of Palm Desert ArcIMS Map Output Page I of 1 TRACT NO. 33935 VICINITY MAP GRANITA DR TRAVERS ST GERALO FORDTDR n uune� +D`ESR7'Gl;tiEF�S DR' •'` l 11111(i 1111J 1J 11 J i/sN !Na rCREElC- i.-n1 C .- V`1= u bPIE-C 1.1 =p cry` b MI11 ~ 7:2ANKS!NATRA-DF I 111I lj SCHOLAR•LN E 11t111I11 L— IMNDFLOVfR CT COSMOPOLUTAII N LN �-I►II►I14111111r►. 7flI►I1�HIIjJT CHI o'OK-C(R fPELtI C! E COLLEGEWCIR ALPINE-L V b !SY-LN 7 1 httn.//1(1 20 2 5/servieticnm esri esriman.Fsriman?ServiceName=C`.itv(wervie.wRr.C`.lientVe 6/7/7006