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HomeMy WebLinkAboutRelease Maintenance Security PP 06-02 Pacific Pointe Partners Inc. �'�•�'�'` /� .�■�'�" L°�� CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: RELEASE MAINTENANCE SECURITY FOR POINTE MONTEREY II (PP 06-02) SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: Pacific Pointe Partners, Inc. 2552 Walnut Ave., Ste. 150 Tustin, CA 92780 Fidelity and Deposit Company of Maryland 2100 Main Street, Third Floor Irvine, CA 92614 Bond Number: 8665780-M DATE: November 18, 2010 CONTENTS: Maintenance Bond Vicinity Map Recommendation By Minute Motion, release maintenance security for Pointe Monterey II (PP 06-02). Backqround The subject property is located at Gateway Drive and Dinah Shore Drive. A faithful performance and labor and materials bond, which was originally posted for the construction of the various public improvements, was released in 2009. A bond was accepted for the one-year maintenance period as required by the Palm Desert Municipal Code. Staff has recently re-inspected this project to insure that all improvements remain as they were originally accepted in 2009. The one-year maintenance period is now complete and staff recommends that the City Council authorize the release of the maintenance obligation. Staff Report Release Maintenance Security for Pointe Monterey II (PP 06-02) November 18, 2010 Page 2 of 2 Fiscal Analvsis There is no fiscal impact associated with this action. Prepared By: Departmen H a . 1 � ���n � � `�' Christina Canales, Assistant Engineer Mark Green od, P.E., Director of Public Works Paul S. Gibson, Director of Finance Approval: t� � - - J M. Wohlmuth, City Manager CITY COUNCIL ACTION APYROVI;D- ,� nr�v�t?n RF,CEIVED O'I'�i�:It MF,ETING UATE -/ -�G/C; � AYES: � �Fi� S�i) �bnc��� S' i� � - ' � Nors: �%���� � ABSENT: �lO��E'. AI3STAIN: � VI�;R[FIED BY J �e� Original on File with City Clerk's ftice Bond No 8665780-M NiAIN'I'ENANCE ��D1�1I) I{NOW AL,L MEN BY THESE PRESENTS,that we Fullmer Construction ,hereinafter called Principal,as Principal,and Fidelity and Deposit Company of Maryland ,a corporation of the State of Maryland ,hereinafter called Surety,as Surety,are held and firmly boimd unto City of Palm Desert hereinafter called Obligee in the sum of Twenty Six Thousand Seven Hundred Fifty and No/100-------------------- DOL,LARS,($ 26,750 00 )lawful money of the United States of America,to be paid to the said Obligee, or its successors or assigns, the payment of which sum well and h•uly to be made,we do bind ourselves,our heirs, executors,administrators,successors and assigns,jointly and severally,finnly by these presents. SIGNED,sealed and dated this ��°� day of M`�Y 2009 WHEREAS,the Principal entered into a cont�act with the said Obligee,dated for Offsite Improvements Pointe Monterey PP 06-02 and, WI-IEREAS,the OUligee requires that these presents be exeeuted on or before the final completion and acceptance of said contract. NOW,THEREFORE,THE CONDITION OF THIS OE3LIGATION IS SIJCH,that if the Princ.ipal shall remedy,without cost to the Obligee,any defects which may develop during a period of one year from the date of completion and acceptance of the work performed under the contract, caused by defective or inferior materials or workmanship,then this obiigation shall be void; odie�wise it shall be and remain in full force and effect. Fullmer Construc te ATTEST: Pri�7 ' nl By: �� i� Fidelity an osit Company of Maryland .�7 ____> , � By: ���}��a��_ �- ��=�z:,z��_,� �dith Garibay Rosa E.Rivas ,Attomey-in-Fact CON80010CA02011 CALIFORNIA ALL-PURPOSE ACFCNOWLEDGMEIVT State of CALIFORNIA County of SAN BERNARDINO On Mav 26, 2009 _before me, Terri R. Rubio NOTARY PUBLIC, Date Personally appeared Bradley J. Anderson Name(s)of Signer(s) Who praved to me�n the basis of satisfactory evidence to be the person{�} whose name(�-} is/a�e subscribed to the within instrument and acknowiedged to me that he/ch�� executed the same in his/�er�ei� authorized capacity{+es� and that by his/#�ef/thei� signatureEs} �n the instrument the personEs} or the entity upon behalf of which the person�s} acted, executed the _ - �....�...__.. instrument. TERRI R. RUBIO ` , Commisslon # 172335� I certify under PENALTY OF PERJURY under the laws �f the a ;-„ � Notary Public -Californla Z State of California that the foregoing paragraph is true and Z �• San Bernardino County '- Co��eCt. My Comm.E�Ires Feb 4,2011 WITNESS my hand and official seal. (i,c-x"o'� �. �U W (Place Notary Seal Here) Signature of Notary Public OPTIONAL Though the information below is not required by law,it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this fnrm to another document. Description of Attached Document: Title�r Type of Document Maintenance Bond Document Date: 5/22/09 Number of Pages: One Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer�S Nafll@: RIGHT THUMBPRINT OF SIGNER ❑Individual � �Corporake Officers-Titie(s): Vice President Commercial Construction Top ofthumb here ❑Partner--❑ Limited ❑ General �Attorney-in-Fact �Trustee ❑Guardian or Conservator ❑Other: Signer is representing: CALIFORIVIA ALL�PIJRPOSE ACKNOWLE�GMEtVT ��;�.�.��_ � - - - -- - - = ���:�.�>.�>��;4�>�:��;_�-��;�>��,--�;��--�;� STATE OF CALIFORNIA � County of Oranqe On 05/22/09 before me, Z. Hinton Notary Public , Date Here Insert Name and TiUe of the Ofticer personailyappeared Rosa E. Rivas------------------------------------------------------------------------------------------------------ Name(s�ot Signer(s� -----------------------------------•�--------------------�---------------------------------------------------------------------------------------- who proved to me on the basis of satisfactory evidence to be the person.(.ej whose name(� is/�r$-subscribed to the within instrument and acknowledged to me thatbefshe/Jaaeq- executed the same in bie/her/�e+�authorized capacity,�iesj, and that by#is/her/tl�i�w signature(.,}on the instrument the �� �����,4��„�,,,�, persot�a'j, or the entity upon behalf of which the person,�s� P� �,,�-� ;; Z. W�tv�oN � acted, executed the instrument. �:c f f �-�a�� Commission � i 724�9c59 � certif under PENALTY OF PERJURY under the laws of "<;c � �j��p�u'rary P�sbtic -Callfomfa z the State of California that the foregoing paragraph is true z� ., �.`�'� orancae counfy �= and correct. �! " fV��Co m � plre�sP .�r9,9011 � ���-,� '� �"s�_`c,''`y.''pJ."y Y5"l:T^v�� . L�3"V'.'.`.:� Witness my hand and offic' 4 se � Signature �` " ����G Place Notary Seal Above Signature o�ar"Public Z Hinton �!'�l olYi�i� Though the infnrmation below is not required by law, if may prove valuable to persons relying on the document and could prevent fraudulent remova!and reatfachment of this form to another documenf. Description of Attached Document Title or Type of D�cument: Document Date: Number of Pages Signer(s) Other Than NamecJ Above: Capacity(ies) Claimed by Signer(s) Signer's Name: _ Signer's Name: D Individuai ❑ Individual ❑ Corporate Officer—Tltle(S): ❑ Corporate Officer—Title(s): ❑ Partner---�Limited�General ❑ Partner—� Limited❑General Cd Attorney in Fact ❑ Attorney in Fact ❑ Trustee ° ❑ Trustee , ❑ Guardian or Conservaior Top of thumb here ❑ Guardian or Conservator Top of thumb here ❑ Other: � Other: Signer Is Representing: 5igner Is Representing: �— _ - — � _ _..,_^�t.':`�;<S�'�_-_ ._-.-:•- -•..:_�.._. _.:_ __ .�, . .`,`.- = _ — — — — — = '�4�:_�-C�:��'t`d:L �02007 National No�ary Association•9350 De Soto Ave.,P.O.Box 2402•Ghalswonh,CA 913134402•www.NalionalNotary.org Item tl5907 Reorder.Call Tol�-Free f-B00-876-6827 Power of�4ttorney FIDELITY�4ND DEPOSIl' COIVIPANY OF MARYLAtVD KNOW ALL MEN BY THESE PRESENTS:That tlie FIDELITY AND DEPOSIT COMPANY OF MARYLAND,a coiporation of the State of Maryland,by M.P.HAMMOND,Vice President,and GREGORY E. MURRAY,Assistant Secretary,in piarsuance of authority granted by Article Vl,Section 2,of the By-Laws of said � ny,which are set forth on the reverse side hereof and are hereby certified to be in full force and effect on the d� i� ereby nominate, constitute and appoint Eugene T.7,ONDI.O,Rosa E.RIVAS and Edit ��;,�f Ir ' , alifornia, EACH its hue and lawfiil agent and Attorney-in-Fact,to make,execute � ,a 'f�;�surety,and as its act and deed: any and all bonds and undertakin gs,a � Yr� �t t�'�o f su � a m gs in pursuance o f t h e s e presents,shall be as biiiding upon said Co y, ����-a�am 1 , r and purposes,as if they had been dul � Y executed and acknowledged b ��cted ��� Pany at its office in Baltimore,Md.,in their own proper persons. Th' a��re i ° . brf behalf of Eugene T.ZONDLO,Rosa E.RIVAS,Edith GARABAY,dated t �07 k[�j������ ��� � �� The saici Assistant � e�e-i'eby cemfy that the extract set fortli on tlie reverse side hereof is a tnie copy of Amcle VI, Section 2,of the By-L s said Corr�any,and is now in force. IN WITNESS WHEREOF, the said Vice-President and Assistant Secretary have hereunto subscribed their names and afftxed the Corporate Seal of the said FIDEL.ITY AND DEPOSIT COA�PANY OF MARYLAND,this 19th day of July,A.D. 2007. ATTEST: FIDELITY AND DEPOSIT COMPANY OF MARYLAND ,fq DEPps� ti'�r?���vF � . o 0 'd '°"°° w �, 1E9Q �? i �G-i'I�—�� ��lL�ti j� � �win.� (� By: Gregory E. Min�ray As.rrstant Secreta�y M. P. Hammond Vice President State of Maryland � City of Balrimore ss: On this 19th day of July, A.D. 2007, before the subscriber, a Notary Public of the State of Maryland, duly commissioned and qualified,came M.P.HAMMOND,Vice President,and GREGORY E. MURRAY,Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, to me personally lcnown to be the individuals and officers described in and who executed the preceding instrument, and they each acknowledged the execution of the same, and being by me duly sworn,severally and each for himself deposeth and saith,that they are the said officers of the Company aforesaid, and that the seai affixed to die preceding inst7ument is the Corporate Seal of said Company, and that the said Corporate Seal and their signatures as such officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Coiporation. iN TESTIMONY WHEREOF, I have hereunto set my hanci and affixed my Official Seal the day and year first above w7•itten. .\°;;:>��;�,;:1,, ;`,�> , `�,;.ai , ' ., ' j'i : /, � \ � `�''� / �/_ :�/✓,si':^_ �._ ,,o�.;,�i"�^ �i`�: \.�(�'Y�iA./'r/'✓:,. .. y , f;,'�.....�.. I�1:1'�'' \`� •����lllll���` Co�lsta�7ce A. 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