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Release Scrty - PP 06-11 Wachovia Bank
CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: RELEASE MAINTENANCE SECURITY FOR PP 06-11 (WACHOVIA BANK) SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: Wachovia Bank Attention: Margo Rouette CA6123 15750 Alton Parkway Irvine, CA 92618 DATE: February 25, 2010 CONTENTS: Treasurer's Receipt for Trust Deposit Vicinity Map Recommendation By Minute Motion, release maintenance security for PP 06-11(Wachovia Bank). Backqround Wachovia Bank is located at the corner of Highway 111 and Highway 74 at 73051 Highway 111. At the time of grading permit issuance, Wachovia posted performance security, in the form of a cash deposit, for grading and sidewalk improvements. On February 26, 2009, Council released the performance security and accepted maintenance security for $2,816 in the form of a cash deposit. The one-year maintenance period is now complete. The site has been inspected and found to be acceptable. Staff Report Release Maintenance Security for PP 06-11 (Wachovia Bank) February 25, 2010 Page2of2 Fiscal Analysis There is no fiscal impact associated with this action. Prepared By: Departme t e d: � , ` ��! ��V►'�i�..c.x��c �f��.�2,e.� Christina Canales, Assistant Engineer Mark Gree ood, P.E., Director of ublic Works CITY COUNCILACTION APi'ROVF.D ✓ D�NIEn Pau S. Gibson, Director of Finance RECEIVED o'�'HCi2 MCI:TING DATE � ' �-�G/C Approual: AY�:S: ' s '" � y / NOES: N ���- AI3SENT: -� a� � AR5TAIN: � �+� � J n . Wohlmuth, City Manager WCRIFIFU I3Y: � l'ca � Original on File with City Clerk's Of�ice �}»+ �'m,h�a r�."`-:-n. t W d' � ��R ^ r m <+db� CITY OF PAL1Vi DESERT -� , '�"REASURER'S RECEIPT FOR TRUST DEPQSIT DATE ��— O 1 AMOUNT Z� 81 �D . o c� DEPOSTI'OR'S NAME �Q C _I�1 A J{� � �r`P• REASON FOR DEPOSTT � O °/,(1 �,��.��?,�]������,� .�b�"' ^'i'� �(�—� l ry►Q �� _ RECENED BY_�r� C o°�S ACCOUNT NUMBER(circle one): Es10-0000-22&XX-00 O1 Deposit in Lieu of Bond 11 Landscape&Lighting 24 Art Essay Contest 02 Monumentation 13 Rent Review Commission 25 TLJMF 03 Monterey 170 14 Candidates Deposit 34 Employee Donations 04 Grading Bond 15 Mitigation Fringe Lizazd 39 PM10 Deposit OS Demolition Bond 16 Special Events 49 Athena Award 06 Faithful Performance Bond 17 Wine&Art Festival 5010 Community Walk 07 Misc. One-Time Deposit 21 Assessment Dist.Deposit 60 Planning Fee Deposit 08 Multi Species Midgation 23 Median Const/Landscape IS THE DEPOSTT REFUNDABLE? YES ✓ NO C NDTTIO S TO 8E MET BEFORE�FUNDING LF,�'OSTT'? dQ .t._ `� �o� AMOUNT REFUNDABLE � DATE TO BE REFUNDED 2� S- /D MAIL REFUND TO: � -��p � S 2 �- � - Z3 C►-�,�'lot�- N C Z � Z35 /�c��t-s � btt � FINANCE DEPARTMENT USE ONLY � ~ DATE REFUNDED CHECK NO. AMpUIV'!' NOTE:ATTACH TAPE SHOWING CALCt.ILA�TTON OF INTEREST EARNED,IF ANY. �er: CA Date: �/�/89 � Receipt no: 9� Total tendered �i�� Total pay�e� WNRPAYOR ORN.TRUST ACCT CAN-ACCQUNTING PINK-NUM.CONTROL G ROD-ISSUING DEPf PP 06-11 WACHOVIA BANK 73051 HIGHWAY 111 ' 3 ° � _�_� ...�__ ___ �� .� __ .._ e . _ � i APN:627072001 APN:627072006: APN:6 2 7 071 01 9" � ' APN:640140030 � �� House#:73081 Housefl:73101 ! House#:44740 House#:72900 � � �. 7�-- .�-.>.--< _ . .�_�.. __.._� ..___ � � ._.... :APN:627072002 APN:827072005 a APN:627071018' � � House#:44808 . 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