Loading...
HomeMy WebLinkAboutRelease Maintenance Security - 44600 Monterey Avenue - Atria Senior Living Group, Inc.CITY OF PALM DESERT PUBLIC WORKS DEPARTMENT STAFF REPORT REQUEST: RELEASE MAINTENANCE SECURITY FOR ATRIA SENIOR LIVING SUBMITTED BY: Mark Greenwood, P.E., Director of Public Works APPLICANT: Atria Senior Living Group, Inc. 401 South 4th Street, Suite 1900 Louisville, KY 40202 DATE: October 13, 2011 CONTENTS: Trust Deposit Vicinity Map Recommendation By Minute Motion, release maintenance security for Atria Senior Living. Background The subject property is located at 44-600 Monterey Avenue, between Guadalupe Avenue and San Gorgonio Way. A faithful performance and labor and materials bond, which was originally posted for the construction of street improvements on Monterey Avenue, was released in October 2010. A cash deposit was accepted for the one-year maintenance period as required by the Palm Desert Municipal Code. Staff has recently re -inspected this project to ensure that all improvements remain as they were originally accepted in October 2010. 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 Atria Senior Living October 13, 2011 Page 2 of 2 Fiscal Analysis There is no fiscal impact associated with this action. Prepared By: Christina Canales, Assistant Engineer ie�41� Paul S. Gibson, Director of Finance City Manager CITY COUNCILATION APPROVF,D ✓ DENIED RECEIVED OTHER. Departm Mark Greenwood, P.E., Director of Public Works INIEETING DATE AYES: 1erj-(4, ill K. Kn)Ls2e-i'�l`PCtF NOES: LOC ABSENT: N'LL _ ABSTAIN: VERIFIED 13V: Ir<-nK(CCh Original an File with City Clerk's 61'fice MM CITY OF PALM DESERT TREASURER'S RECEIPT FOR TRUST DEPOSIT DATE A I2.$ DEPOSITOR'S NAME REASON FOR DEPOS RECEIVED BY 0 _Q.1 ,L P-'S ACCOUNT NUMBER (circle one): 610-0000-228-XX-00 01 Deposit in Lieu of Bond 11 Landscape & Lighting 24 Art Essay Contest 02 Monumentation 13 Rent Review Commission 25 TUMF 03 Monterey 170 14 Candidates Deposit 34 Employee Donations 04 Grading Bond 15 Mitigation Fringe Lizard 39 PM10 Deposit 05 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 Mitigation 23 Median Const/Landscape IS THE DEPOSIT REFUNDABLE? YES NO CONDITIONS TO E MET BEFORE REFUNDING DEPOSIT? ■ 1 gs AMOUNT REFUNDABLE DATE TO BE REFUNDED MAIL REFUND TO: IA -1-t- w ! �k oon i n r L i %,t —I 1-f- FINANCE DEPARTMENT USE ONLY — — — DATE REFUNDED CHECK NO. AMOUNT NOTE: ATTACH TAPE SHOWING CALCULATION OF INTEREST EARNED, IF ANY. Iloer: UR Date: 9/28/10 a Total tendered Total payoent Rece.pt no: 3271 i2311. n $2-377. A WHT-PAYOR GRN-TRUSTACC` CAN -ACCOUNTING PINK -NUM. CONTROL G.ROD-ISSUING DEPT. ATRIA SENIOR LIVING-44600 MONTEREY AVENUE Legend Circulation Network Streets 1: 2,240 L City Boundary ❑ Palm Desert Parcels (7/20, — Notes 1