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HomeMy WebLinkAboutRelease Security PM 33736 Palm Desert AssociatesI Z' CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: Release Improvement Security for Parcel Map 33736 SUBMITTED BY: Mark Greenwood, P.E. Director of Public Works APPLICANT: Palm Desert Associates 30398 Esperanza Rancho Santa Margarita, CA 92688 BOND COMPANY: Insurance Company of the West P.O. Box 85563 San Diego, CA 92186 BOND NUMBER: 2172914, 2172913 DATE: December 13, 2007 CONTENTS: Vicinity Map Recommendation: By Minute Motion, authorize the City Clerk to release the subject security for Parcel Map 33736. Discussion: Parcel Map 33736 is located on the northeasterly side of Dinah Shore Drive, east of Monterey Avenue. At the time of permit issuance the subject security was posted with the City for grading and improvements. All grading and improvements have been completed in accordance with approved plans and have been inspected by the Public Works staff and found to be acceptable. The normal one-year maintenance bond has been submitted in the amount of 10% of the faithful performance bond. Release Improvement Security for PM 33736 Page2of2 December 13, 2007 Therefore, staff recommends that City Council accept the work as complete and authorize the release of the subject security. Submitted By: Christina Canales Assistant Engineer Approval: Homer Croy ACM for D Carlos L. Ortega City Manager /cc ent Services Department Head: Mark Greenwood, P.E. Director of Public Works Paul Gibson Finance Director ZITY COUNCIL ACTION: APPROVED 'V DENIED RECEIVED OTHER MEET INS; DATE 1, -I -()' I AYES: Q,(' USnn'tP II1+4)19o-4 nefspn NOES: . ABSENT- I-1n r1-v .. . ABSTAIN. Iu O 1 VERIFIED BY: . PD/jIr� ')riginal on File withJCity Clerk's 0ffir6 e DATE: 10/29/2007 LOCATOR MAP PM 33736 0 500 FEET