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HomeMy WebLinkAbout9/2/2009 - STAFF REPORTS - 2.U. p0.�M sa a.OF 'Pi c U N x x �'or.e...rao'OS c'rI I KO RN�P CITY COUNCIL STAFF REPORT DATE: September 2, 2009 CONSENT CALENDAR SUBJECT: CONDITIONAL USE PERMIT 5.0909 — VICEROY HOTEL; 415 S. BELARDO ROAD; DETERMINATION OF COMPLIANCE FROM: David H. Ready, City Manager BY: Department of Planning Services SUMMARY The City Council will receive and file an update of the conditions of approval for the Viceroy Hotel (Conditional Use Permit 5.0909), and the determination that the posted bond is in substantial compliance with City Council Resolution No. 22569. RECOMMENDATION: Receive and file. STAFF ANALYSIS On July 22, 2009, the City Council established a schedule of actions to assure completion of certain street improvements for the Viceroy Hotel. The first requirement was to be completed within 30 days of the Council's action (by August 21, 2009), and included obtaining a construction permit from the Public `Works Department and submitting a completion bond to the City for $250,000. The construction permit was issued by Public Works on August 13, 2009. On August 5, 2009, the Viceroy notified the City that a completion bond for $171,909 was presented to the City in 2002, and has asked that it be considered satisfaction of the Council's bonding requirement. Staff has determined that the bond remains valid and the City Attorney has prepared an updated improvement agreement to go with the bond. The Director of Public Works has reviewed the approved street improvement plans and estimated the hardscape costs at $166,726. Landscaping would be an additional 9TENtNO. Z ' L) ' City Council Staff Report September 2, 2009 5.0909 CUP;Viceroy Hotel,415 S. Selardo Road Page 2 of 2 25,000 to $40,000. If the City Council has no objection, the bond in the amount of $171,909 may be deemed satisfactory compliance with the Council's condition of approval for bonding. No further action would be required. All other conditions of approval remain in effect. The next milestone is the initiation of construction of the Belardo and Cahuilla Roads street and landscape improvements by October 20, 2009; the Cahuilla Road improvements are required to be completed by January 31, 2010. FISCAL IMPACT: None f " 'yyan�-- 7hJha l h ra-:ig A.11wing, NO Thomas J. Wilp'on, Assistant City Manager Direct r of Plarmi Services L� �� David H. Ready, City r Zur1cftN0dhArrteric3&NetY 801 North Brand Blvd., Penthouse Suite Glendale, CA 91203 ZURICH Telephone: 818-409-2802 Fax: 818409-2820 Augai st 24,2009 City Df Palm Springs 320C $Tahquita Canyon Way Pala Springs,CA 92263 Re: )Bond#8690271 Bond Amount S 171,909 Principal: Casa Real Estate, a Calif Limited Partnership Surety: Fidelity and Deposit Company of Maryland esoription: Performance bond—Estrella Inn Case No 5.0909 To V 7hom It May Concern: The remiums for the above bond are all up to date and the bond is in full force and effect until reloa sed by die City of Palm Springs. Shot Id you have any questions or need 44ditional information,please do not hesitate to call. Siner ely, --- American Insurance Company Fide ity and Deposit Company of Maryland ,,,�1"214 — Micl Lael Holmes Seal r Account Exccutive Zuri h Surety,Credit&Political kislc (818b 409-2802 A member of the ® Zurich Financial Services Gmup I d W 'ON AiHns HEW NVL�:g 60H '9z Div