HomeMy WebLinkAboutR23390 - Partial Cert of CompletionContract No. R23390
PALM DESERT REDEVELOPMENT AGENCY
STAFF REPORT
REQUEST: APPROVAL OF THE PARTIAL CERTIFICATE OF
COMPLETION FOR THE MODELS PHASE (PERIMETER
BLOCK WALL, 3 SENIOR VILLA UNITS AND RESIDENT
SERVICES BUILDING AT THE LA ROCCA VILLAS) AND
PHASE 1 (29 SINGLE-FAMILY HOMES, THE 27 SENIOR
VILLAS, AND THE RESIDENT SERVICES BUILDING) OF
THE FALCON CREST AND LA ROCCA VILLAS
DEVELOPMENTS
SUBMITTED BY: CATHERINE WALKER, SENIOR MANAGEMENT ANALYST
DEVELOPER: COMDYN PD, LLC
2800 28T" STREET, SUITE 206
SANTA MONICA, CA 90405
DATE: OCTOBER 25, 2007
CONTENTS: PARTIAL CERTIFICATE OF COMPLETION
Recommendation:
By Minute Motion, that the Agency Board:
1. Approve the Partial Certificate of Completion for the Models
Phase (3 senior villa units on Lot 109, and a perimeter block
wall) and Phase 1 (29 single-family homes, the 27 senior villas
units, and the Resident Services Building) at the Falcon Crest
and La Rocca Villas Development.
Discussion:
At the last regularly scheduled meeting of October 11, 2007, the Agency Board
formally accepted the Models Phase and Phase I of the Falcon Crest and La
Rocca Villa developments. In accordance with Section 1.4 of the Agreement,
after Acceptance for a phase has been issued, the Agency shall take forward for
approval a "Partial Certificate of Completion".
Each of the five phases of construction will require a "Partial Certificate of
Completion", after Acceptance by the Agency Board. Upon completion of the
duties outlined in the marketing and for sale plan, Exhibit B.4 of the agreement,
Staff Report
Approval of Partial Certificate of Completion for Models Phase and Phase I of
Falcon Crest/LaRocca Villas Developments
Page 2 of 2
October 25, 2007
and Acceptance of each phase, the issuance of the "Final Certificate of
Completion" will be brought forth for Agency Board approval. This request for
approval of the "Partial Certificate" of completion for the Models Phase and
Phase I will only pertain to those phases with three phases still underway.
Submitted By:
6
Catherine Walker
Senior Management Analyst
mh
Approval:
G
Atli McCarthy
CM T
edevelopment
Department Head:
Dave Yrigoyen
Director of R evelopment/Housing
Paul S. Gibson, Director of Finance
Carlos L. O gat Executive Director
4-62�0 I Y HDA
ON l0 - LDS -C17
VERIFIED BY P(k M&M-
Original on file with City Clerk's Office
G: rda Cathy Walker Word Data STAFF REPORTS Staff Partial Certificate of Completion.doc
Contract No. R23390
PARTIAL CERTIFICATE OF COMPLETION
This Partial Certificate of Completion is given this day of October, 2007, with
reference to the following matters:
A. The PALM DESERT REDEVELOPMENT AGENCY, a public body
corporate and politic (the "Agency") and COMDYN PD, LLC, a California limited liability
company (the "Developer") entered into a certain Agreement Between the Palm Desert
Redevelopment Agency and Comdyn PD, LLC for Fee Developer Services for Agency Owned
Property Located in the City of Palm Desert (the "Agreement"), which Agreement provides, in
Section 1.4 thereof, that the Agency shall furnish the Developer with a Partial Certificate of
Completion upon completion of construction of the phases of the For Sale Housing and Rental
Housing (each as described in the Agreement) (the "Improvements") and located on the real
property described in Exhibit "A" attached hereto (the "Site"); and
B. This Partial Certificate of Completion shall be evidence of satisfactory completion
of the construction of the Improvements required with respect to the Site.
NOW, THEREFORE, the parties to this instrument hereby provide as follows:
1. As provided in the Agreement, this Partial Certificate of Completion does hereby
evidence that the construction of the Improvements on the Site has been completed in accordance
with the provisions of the Agreement and the Construction Documents (as defined in the
Agreement).
2. Except as described in Section 1 above, this Partial Certificate of Completion
shall not constitute evidence of compliance with or satisfaction of any obligations of the
Developer under the Agreement.
PALM DESERT REDEVELOPMENT
AGENCY, a public body, corporate and politic
By:
Name:
Title:
ATTEST:
Secretary
P6402-020 1\1006300v 1.doc
Contract No. R23390
EXHIBIT "A"
That certain real property in the City of Palm Desert, County of Riverside, State of California
described as follows:
Rental Housing:
Lot 109 of Tract No. 30795, as shown on a Subdivision Map filed on June 7,
2006, in Book 406 at Pages 73 to 80, inclusive, of Maps, in the Office of the
Riverside County Recorder.
2. Phase One Single -Family Homes:
Lots 59 through 88, inclusive, and Lots G, H and I, inclusive, of Tract No. 30795,
as shown on a Subdivision Map filed on June 7, 2006, in Book 406 at Pages 73 to
80, inclusive, of Maps, in the Office of the Riverside County Recorder.
2