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HomeMy WebLinkAboutRelease Security PM 33855 Focus Palm Desert LLCREQUEST: SUBMITTED BY: APPLICANT: CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT Release Improvement Security for Parcel Map 33855 Mark Greenwood, P.E., Director of Public Works Focus Palm Desert, LLC 16485 Laguna Canyon Road, Suite 200 Irvine, CA 92618 BOND COMPANY: Insurance Company of the West P.O. Box 85563 San Diego, CA 92186 BOND NUMBER: 2175485 DATE: CONTENTS: Recommendation: December 13, 2007 Vicinity Map J(. By Minute Motion, authorize the City Clerk to release the subject security for Parcel Map 33855. Discussion: Parcel Map 33855 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 33855 Page 2 of 2 December 13, 2007 Therefore, staff recommends that City Council accept the work as complete and authorize the release of the subject security. Prepared By: Christina Canales Assistant Engineer Approval: Homer Croy ACM for Dev Carlos L. Ort. a City Manager /cc/dhl ent Services Department Head: Mark Greenwood, P.E. Director of Public Works 2/1/1t Paul Gibson Finance Director CITY COUNCIL ACTION: APPROVED ✓ DENIED RECEIVED OTHER MEET INg DATE p'1 AYES: Fer uKnny PJl .` tejelt IVnSt NOES: Nf\pp APSENT: ABSTAIN:_WDe, VERIFIED BY: PiOi lr, lriginal on File with) City Clerk's Office e DATE: 10/29/2007 LOCATOR MAP PM 33855 0 500 FEET