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
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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
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City of Palm Desert ArcIMS Map Output Page I of 1
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