33588 Sam's Club - OBR & Released BondsOUTSTANDING BOND REPORT
Name: Sam's Real Estate Business
Tract No. 33588 (See SDP 2006-857 for additional bonds)
Date of Contract: July 28, 2005
Required Bond Amounts:
Dune Palms (widen & decal. lanes
Dune Palms (median & pocket lanes
Dune Palms (sidewalk)
Dune Palms (peri. Landscaping)
Dune Palms/Hwy 111 (traffic signal)
Hwy 111 (sidewalk)
Hwy 111 (peri. Landscaping)
Hwy 111 (bus shelter)
Prof. Fees Design
Prof. Fees Construction
$ 211,880 / $ 211,880
$416,630 / $416,630
$ 77,500 / $ 77,500
$113,475 / $113,475
$100,000 / $100,000
$ 15,310 / $ 15,310
$ 45,060 / $ 45,060
$ 65,000 / $ 65,000
$104,485 / $104,495
$104,485 / $104,485
Dates of Bond Reductions: On 1 /19/07 P.W. authorized replacement bonds for a
reduced amount.
Outstanding Bonds and Bond Company: JP Morgan Chase Bank / Travelers
Casualty / Fidelity and Deposit Company of Maryland
Amount:
$1,253,825 (P)
$1,157,311 (P)
$ 104,486 (W)
$1,253,825 (L&M)
$1,157,311 (L&M)
Bond No.
LOC# 1-51-S-660511
104855785
09022980 TR7996
LOC# L51-s-694393
104855785
Date Cancelled/Released:
Replaced 1 /19/07
Replaced w/warranty 1 /10/11
Released 12/22/2011
Replaced 1 /19/07
Released 4/28/11
wuvl 4:WQuixtw
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal Engineer
Via: Yfimothy R. Jonasson, P.E., Public Works Director /City Engineer
Date: December 21, 2011
Subject: Release of Warranty Security for Parcel Map No. 33588,
Former Sam's Club, Off -Site Improvements
Please release the following warranty security held in your files for the above
referenced tract. The off -site improvements were accepted by City Council
on December 21, 2010.
The warranty amount and the address to the developer and Surety Company
are as follows:
Parcel Map No. 33588
Warranty Bond No. Warranty Amount
09022980 $104,486
Developer: Crystal Uphoff
Financial Security Coordinator
Wal-Mart Stores, Inc.
1301 SE 101h Street
Bentonville, AR 72716-0550
Surety Company: Fidelity and Deposit Company of Maryland
Attn: Maria Adamski - Surety
600 Red Brook Blvd., 4th Floor
Owings Mills, MD 21117
Cc: Project File I, Parcel Map No. 33588
Tihf 4 4 a"
P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
December 22, 2011
Crystal Uphoff
Financial Security Coordinator
Wal-Mart Stores, Inc.
1301 SE 101h St.
Bentonville, AR 72716-0550
Re: Tract Map 33588
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office hereby
releases Bond Number 09022980 in the amount of $ 104,486.
If you have any questions, please call me at (760) 777-7002.
Z
ly,
tica MZinta
cino, City Clerk
City of La
cc: Tim Jonasson, Public Works Director/City Engineer
Fidelity and Deposit Co. of Maryland
File
BOND NO. 09022980 / TR7996
MAINTENANCE BOND
KNOW ALL MEN BY THESE PRESENTS: That we Sam's Real Estate Business Trust dba Club 4941,
Principal, and Fidelity and Deposit Company of Maryland Surety,
are held and firmly bound unto the City of La Quinta, Obligee in the sum of One Hundred Four Thousand Four
Hundred Eighty Six and 00/100 US Dollars ($104,486.00) for the payment of which we bind ourselves, our legal
representatives. successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, Principal has constructed off -site improvements for the development knows as The Former Sam's Club
as shown on Parcel Map No. 33588, collectively established as the "Contract"
copy of which contract is by reference made a part hereof.
WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee for.the period of
one 1 year(s) after approval of the final estimate on said job by the owner, against all defects in workmanship and
materials which may become apparent during said period, and
NOW THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT, if the Principal shall indemnify the
Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship which become
apparent during the period of one 1 year(s) from and after December 10, 2010 then this obligation shall be void,
otherwise to remain in full force and effect.
SIGNED, SEALED, AND DATED THIS 9th DAY OF December , 2010.
Sam's Real Estate Business Trust dba Club 4941 (Seal)
(Principal)
By:
is K krona rd VG Red a-, f);SoD�SrjvO
Name and Title Npr& SDI
Fidelity and Deposit Company of Maryland (Seal)
A �'t. (Surety)
By: — -
Heidi A. Notheisen Attorney in -Fact
ACKNOWLEDGMENT BY SURETY
SI'A'FE
OF Missouri
City of St. Lo lis } SS.
� t
OIl this 9th day of December
appeared
Heidi A. Notheisen
Fidelity and Deposit Company of Maryland
2010 , bcfbrc nic personally
, known to me to be the Attorney -in -Fact of
the corporation
that executed the within instrunuut, and a(-knowlCdge(I to nic that such coi'poratlon executed (lic sanie.
IN NVI'I'NFSS \VI IFRI-'O , I lmvc hereunto set Illy hand and alfi-,cd illy official seal, at illy, olfice in the aliiresaid
County, the day and year in this certilicate first above written.
My Corinilission 1;xllires: 01/19/2011
(Seal)
SANDRA L. HAM
Notary Public -Notary Seal
STATE OF MISSOURI
St. Louis County
My Commission Expires on: Jan.18, 2013
Commssion #09450177
Smidni I.. Hain
Notary Public in the Stale ol' Missouri
County of' St. Louis
S-0230/GEEF 2/98
Power of Attorney
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
KNOW ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, a
corporation of the State of Maryland, by WILLIAM J. MILLS, Vice President, and GERALD F. HALEY, Assistant
Secretary, in pursuance of authority granted by Article VI, 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 1Q ereby nominate,
constitute and appoint Pamela A. BEELMAN, Cynthia L. CHOREN E nn R. FRANK, Karen
L. ROIDER, Debra C. SCHNEIDER and Sandra L. HA is a and lawful agent
and Attorney -in -Fact, to make, execute, sea] and del' p s e as its act and deed: any and all
bonds and undertakings, and the executi s� or e� ance of these presents, shall be as
binding upon said Company, as �� o a ses, as if they had been duly executed and
acknowledged by t el t off ' e y at its office in Baltimore, Md., in their own proper persons.
This power of attor es t s �a of Pamela A. BEELMAN, Cynthia L. HANAK, Heidi A. NOTHEISEN,
JoAnn R. FRANK, I , ebra C. SCHNEIDER, Sandra L. HAM, dated December 12, 2007.
The said Assistant 9 rdoes hereby certify that the extract set forth on the reverse side hereof is a true copy of Article VI,
Section 2, of the By -Laws of said Company, and is now in force.
IN WITNESS WHEREOF, the said Vice -President and Assistant Secretary have hereunto subscribed their names and
affixed the Corporate Seal of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 3rd day of December,
A.D. 2009.
ATTEST:
�p 9EPps/
r �
_ o c
State of Maryland ss:
City of Baltimore
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
Gerald F. Haley Assistant Secretary
By:
William J. Mills Vice President
On this 3rd day of December, A.D. 2009, before the subscriber, a Notary Public of the State of Maryland, duly
commissioned and qualified, came WILLIAM J. MILLS, Vice President, and GERALD F. HALEY, Assistant Secretary of
the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, to me personally known 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 seal affixed to the preceding instrument 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 Corporation.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal the day and year first above
written.
Constance A. Dunn Notary Public
My Commission Expires: July 14, 2011
POA-F 079-0626
CHANGE RIDER
To be attached to and form a part of Bond No. 09022980 TR #7996
in the amount of $ 104,486.00 issued by Fidelity and Deposit Company of Maryland
on behalf of Sam's Real Estate Business Trust dba Club 4941
in favor of Citv of La Quinta
It is understood and agreed that the bond described above is hereby modified so as to
Amend the Acceptance Date to read one (1) year from and after December 21, 2010.
It is further expressly understood and agreed that the aggregate liability of the Fidelity and Deposit Company of
Maryland under said bond to the obligee
herein mentioned shall not exceed the amount stated above.
Nothing herein contained shall be held to vary, alter, waive, or extend any of the terms, agreements, conditions or
limitations of the above -mentioned bond, other than as above stated.
Signed, sealed and dated this 15th day of December , 2010
Fidelity and Deposit Company of Maryland
BY:
Heidi A. Notheisen Attorney -in -Fact
S-4173/GE 2/98
XDP
ACKNOWLEDGMENT BY SURETY
STATE
OF Missouri
City o1 St. Loins
} SS.
On this 15th day of'
December
, 2010 , before me personally
appeared Heidi A. Notheisen , known to me to be the Attorney -in -Fact of
Fidelity and Deposit Company of Maryland
, die corporation
that executed die within instrument, and acknowledged to me that such corporation executed die same.
IN WITNESS WHEREOF, I leave llerewlto set my liwid yid affixed my official seal, at my office in die aforesaid
County, die day and year in dies certificate first above written.
My Commission Expires: Tune 20, 2014
(Seal)
JOANN R. FRANK
Notary P011c - , votary 5L=1
? 5�"•'' of ml!, rF !h
Commissic earl to: St.
Commission Expires: J!!r:; - l
� R. ��
Jo R. Frank
Notary Public in die State of Missouri
City of St. Louis
S-0230/GEEF 2/98
Power of Attorney
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
KNOW ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, a
corporation of the State of Maryland, by WILLIAM J. MILLS, Vice President, and GERALD F. HALEY, Assistant
Secretary, in pursuance of authority granted by Article VI, Section 2, of the By -Laws of said {►any, which are set forth on
the reverse side hereof and are hereby certified to be in full force and effect on the d iQ ereby nominate,
constitute and appoint Pamela A. BEELMAN, Cynthia L. CHOREN E nn R. FRANK, Karen
L. ROIDER, Debra C. SCHNEIDER and Sandra L. HA Is ue and lawful agent
and Attorney -in -Fact, to make, execute, seal and del' p s s as its act and deed: any and all
bonds and undertakings, and the execut' s� or a ance of these presents, shall be as
binding upon said Company, as ��° to a ses, as if they had been duly executed and
acknowledged by t el t of ' e y at its office in Baltimore, Md., in their own proper persons.
This power of attor es t �a of Pamela A. BEELMAN, Cynthia L. HANAK, Heidi A. NOTHEISEN,
JoAnn R. FRANK,nrlI ebra C. SCHNEIDER, Sandra L. HAM, dated December 12, 2007.
The said Assistantdoes hereby certify that the extract set forth on the reverse side hereof is a true copy of Article VI,
Section 2, of the By -Laws of said Company, and is now in force.
IN WITNESS WHEREOF, the said Vice -President and Assistant Secretary have hereunto subscribed their names and
affixed the Corporate Seal of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 3rd day of December,
A.D. 2009.
ATTEST:
�p 9EPps�
J
+' 4
State of Maryland I
ss:
City of Baltimore
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
a �7
Gerald F. Haley Assistant Secretary
By:
William J. Mills Vice President
On this 3rd day of December, A.D. 2009, before the subscriber, a Notary Public of the State of Maryland, duly
commissioned and qualified, came WILLIAM J. MILLS, Vice President, and GERALD F. HALEY, Assistant Secretary of
the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, to me personally known 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 seal affixed to the preceding instrument 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 Corporation.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal the day and year first above
written.
Constance A. Dunn Notary Public
My Commission Expires: July 14, 2011
POA-F 079-0626
T4tf t 4 4114�aUMrw
P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
April 28, 2011
Jennifer Hedges
Sam's Real Estate Business Trust
2,001 SE 10`h Street
Bentonville, AR 72716-0550
Re: Tract Map 33588
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office hereby
releases Bond No 104855785 in the amount of 1,157,31 1.
If you have any questions, please call me at (760) 777-7002.
Sincerely
eronica Mon cino, City Clerk
City of La Quinta
cc: Tim Jonasson, Public Works Director/City Engineer
Travelers Casualty and Surety Company of America
File
SUBDIVISION IMPROVEMENTS
Parcel Map No. 33588
LABOR AND MATERIAL BOND
Bond No. 104855785 TR #6888
KNOW ALL MEN BY THESE PRESENTS:
THAT, the City Council of the City of La Quinta has approved the final map for Parcel Map
No. 33588 , prior to installation of certain designated public improvements required by the
Conditions of Approval for the subject map, in accordance with the California Map Act (Government Code
Section 66462)
WHEREAS, the City Council of the City of La Quinta, State of California, and
Sam's Real Estate Business Trust dba Club #4941 hereinafter designated as "the principal" have
entered into an agreement whereby the principal agrees to install and complete certain designated public
improve t , which agreement, dated , 200 , and identified as Parcel Map
No. TOO , is hereby referred to and made a part hereof; and
WHEREAS, under the terms of the agreement, the principal is required before entering upon the
performance of the work, to file a good and sufficient payment bond with the City of La Quinta to secure the
claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the
Civil Code of the State of California.
NOW, THEREFORE, the principal and the undersigned as corporate surety, are held firmly bound
unto the City of La Quinta and all contractors, subcontractors, laborers, materialmen, and other persons
employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082)
of Part 4 of Division 3 of the Civil Code in the sum of One mill ion one hundred fifty seven thousand three hundred
eleven DOLLARS ($ 1,157,311.00 ), for materials furnished or labor thereon of any kind, or for
amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will
pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought
upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees,
including reasonable attorney' s fees, incurred by city in successfully enforcing this obligation, to be awarded
and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.
It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all
persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082)
of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit
brought upon this bond.
Should the condition of this bond be fully performed, then this obligation shall become null and void,
otherwise it shall be and remain in full force and effect.
F202 - Labor and Material Bond Page 1 of 2
The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to
the terms of the agreement or the specifications accompanying the same shall in any manner affect its
obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or
addition.
In witness whereof, this instrument has been duly executed by the principal and surety above named,
on Dec. 27 1200 6
Sam's Real Estate Business Trust dba Club #4941
Principal
(Seal)
Si Daniel Mall Regional VP
Travelers Casualty and Surety Company of America
Surety
R, �:4A
S(Wature of Surety
JoAnn R. Frank, Attorney -in -Fact
F202 - Labor and Material Bond Page 2 of 2
f
ACKNOWLEDGMENT BY SURETY
S'fATE
OF Missouri
County } SS.
of St. Charles
On this
appeared
27th day of
JoAnn R. Frank
December
Travelers Casualty and Surety Company of America
2006 , before me personally
known to me to be die Attorney -in -Fact of
, die corporation
that executed the within instrument, alid acknowledged to me that such corporation executed die same.
IN WITNESS WHEREOF, I have herewito set my hand alid affixed my official seal, at my office in die aforesaid
County, the day and year in this certificate first above written.
My Commission Expires: September 29, 2007
(Seal)
1 1 ! �.\' 1 •' M '� 1. � h lr �-ra
_11
4Q�a C. Schneid
Notary Public in die State of Missouri
County of St. Charles
S-0230/GEEF 2/98
' WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER
This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Farmington Casualty Company, Fidelity
and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company,
St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of
America, and United States Fidelity and Guaranty Company, which resolutions are now in full force and effect, reading as follows:
RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice
President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys -in -Fact and Agents to act for and on behalf
of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the
Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any
of said officers or the Board of Directors A any time may remove any such appointee and revoke the power given him or her; and it is
FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may
delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy
thereof is filed in the office of the Secretary; and it is
FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking
shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice
President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the
Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys -in -Fact and Agents pursuant to the power
prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is
FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President,
any Assistant Vice President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power of attorney or to any
certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attorneys -in -Fact for purposes only of executing and attesting bonds
and undertakings and other writings obligatory in the nature thereof, and any such power of attorney or certificate bearing such facsimile signature or facsimile seal shall
be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the
Company in the future with respect to any bond or understanding to which it is attached.
I, Kori M. Johanson, the undersigned, Assistant Secretary, of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance
Underwriters, Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance
Company, Travelers Casualty and Surety Company, Travelers Casualty and SC4mpaAme' d United States Fidelity and Guaranty Company do hereby
certify that the above and foregoing is a true and cored copy of the t ey x ed�by s ' cmpanies, which is in full force and effect and has not been
revoked. �,�tj`
11r y �� . 11S
IN TESTIMONY WHEREOF, I have hereunto set my hand�nala x d the.�lsV shy anies this, 27 th day of December 2(96
Kori M. JohansJaAssistant Secretary
� r,RSUA�T L i4 �)y. JV HRE 6 4 ��'�-•I R`T(/ P� 1RS4q '��T ANO �^
O ,�j�'gpgq�_1 ~ I * ♦r .. �, �P �� ' 9Y 4J:;' ........9,�, ,•J OL �!%R "_Sty
f.6 � f1 � �fyee� f'eORVORM'i P;' n 4P 'y •!�
Za. O "^"`+n�W O z �I f':Cs W: GOF70—RAtf::'�• '�'% Ca�sS_` ,1977 �927 �; pm z: ;�� a iwrtFORo, < �wvtrmrm,� <
�:SEALj'o"}
OF%�W RANGE ,�5.• •� •'fY..........'aA L6,� • 1~a� A�
To verify the authenticity of this Power of Attorney, call 1-800-421-3880 or contact us at www.stpaultravelersbond.com. Please refer to the Attorney -In -Fact number,
the above -named individuals and the details of the bond to which the power is attached.
WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER
T4bt 4 4a Q91hz
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, P.E., Development Services Principal Engineer
XVia: mothy R. Jonasson, P.E., Public Works Director/ City Engineer
Date: April 20, 2011
Subject: Release of Labor & Materials Security for Parcel Map No.
33588, Sam's Club, Off -Site Improvements
Please release the following Labor & Materials security held in your files for
the above referenced parcel. The off -site improvements were accepted by
City Council on December 21, 2010.
The Labor & Materials security amount and the address to the developer and
Surety Company are as follows:
PARCEL No. 33588
Bond No. Bond Amount
104855785 $1,157,311
Developer: Jennifer Hedges
Sam's Real Estate Business Trust
2001 SE 10' Street
Bentonville, AR 72716-0550
Surety Company: Travelers Casualty and Surety Company of America
One Tower Square
Hartford, CT 06183
Attn: Ken Smith
Cc: Project File I, Parcel Map No. 33588
Page 1 of 1
Tjhf 4 4Q"
P.O. Box 1504
LA QUINTA, CA 92247-1504
78-495 CALLE TAMPICO
LA QUINTA, CA 92247-1504
January 10, 2011
Sam's Real Estate Business Trust
Jennifer Hedges
2001 SE 10" Street
Bentonville, AR 72716-0550
Re: Tract Map 33588
To Whom It May Concern:
OFFICE OF THE CITY CLERK
(760) 777-7103
FAX (760) 777-7107
Per authorization from the Public Works Department, the City Clerk's Office has
received a warranty bond in the amount of $104,486 and hereby releases Performance
Bond 104855785 in the amount of $1,157,31 1 .
If you have any questions, please call me at (760) 777-7002.
Sincerely,
PHYLLIS MANLEY, Deputy City Clerk
City of La Quinta
cc: Tim Jonasson, Public Works Director/City Engineer
Travelers Casualty & Surety Company of America
Fidelity and Deposit Company of Maryland
File
T4ht 4 ZP Qu!K&
MEMORANDUM
To: Veronica J. Montecino, CMC, City Clerk
From: Ed Wimmer, Development Services Principal Engineer
Via: 64-
mothy R. Jonasson, P.E., Public Works Director/ City Engineer
Date: January 3, 2011
Re: Release of Performance Security and Retain Warranty Security
for Parcel Map No. 33588, Off -Site Improvements
Please retain the attached Warranty security for the above referenced parcel
map.
TRACT No. 33588
Type of Bond
Bond No.
Performance Amount
Warranty
1 9022980
$104,486
Please release the following off -site Performance security held in your files
for the above referenced parcel map. The off -site improvements were
accepted by City Council on December 21, 2010.
TRACT No. 33588
Type of Bond
Bond No.
Performance Amount
Performance
104855785
$1,157,31 1
Developer: Jennifer Hedges
Sam's Real Estate Business Trust
2001 SE 10th Street
Bentonville, AR 72716-0550
Surety Company: Travelers Casualty and Surety Company of America
(Performance Bond) One Tower Square
Hartford, CT 06183
Attn: Ken Smith
Surety Company: Fidelity and Deposit Company of Maryland
(Warranty Bond) Attn: Maria Adamski - Surety
600 Red Brook Blvd., 4th Floor
Owings Mills, MD 21117
cc: Project File I, Tract Map No. 33588
Amy Yu, Assistant Engineer 11
1
TH
January 19, 2007
Wal-Mart Real Estate
Attn: Kelly Collier
2001 SE 101h Street Dept 8703
Bentonville, AR 72716-0550
Re: Tract Map 33588
To Whom It May Concern:
Per authorization from the Public Works Department, the City Clerk's Office has
received replacement Performance and Labor & Materials Bonds for Tract 33588 in the
amount of $1,157,31 1, and hereby releases Letter of Credit L5LS-66051 1 in the
amount of $1,253,825 and L5LS-694383 in the amount of $1,253,82.5.
If you have any questions, please call me at (760) 777-7002.
Sincerely
VERONICA J. TECINO, City Clerk
City of La Quinta, California
cc: Tim Jonasson, Public Works Director/City Engineer
JP Morgan Chase Bank
File
P.O. Box 1504 • LA QUINTA, CALIFORNIA 92247-1504
78-495 CALLG TAMPICO • LA QUINTA, CALIFORNIA 92253
(760) 77 7-7000 •FAX (760) 777-7101 (�'
TW�v 44a"
MEMORANDUM
To: Veronica Montecino, City Clerk
From: P.� thony Colarossi, Associate Engineer
Via: mothy R. Jonasson, Public Works Director / City Engineer
Date: January 18, 2007
Re: Replacement of Dune Palms Road Improvements Performance Letter
of Credit and Labor & Materials Letter of Credit for Sam's Club
(Hammer Property), Parcel Map No. 33588, due to Reductions for
Revised Off -Site Improvements on Dune Palms Road
Please replace the off -site Performance letter of credit and Labor & Material letter
of credit held in your files for the above referenced tract. The enclosed new bonds
(reduced amount) will secure the completion of the proposed improvements.
The reduced amount and the name of the surety company are as follows:
PARCEL MAP No. 33588
Bond Number
Labor &
Materials
Performance
Security
104855785
$1,157,311
$1,157,311
Total
$1,157,311
$1,157,311
Developer: See attached
Surety Company: Travelers Casualty and Surety Company of America
/Bond Reduction - Memo to City Clerk.doc
T4-hf 4 gefV QU1Ar(6A_j
PUBLIC WORKS/ENGINEERING DEPARTMENT
INTEROFFICE MEMORANDUM
TO: Veronica Montecino, City Clerk
FROM: Ik— nthony Colarossi, Associate Engineer
VIA: mothy R. Jonasson, Public Works Director/City Engineer
DATE: January 5, 2007
RE: Replacement Bond/s Parcel Map 33588, Sams Club/Hammer
Property
The City Council approved the Final Parcel map and Subdivision
Improvement Agreement for PM 33588 on June 21, 2005. The developer
submitted letter of credits (see reference attached) for the required security.
The developer is now requesting the city to replace the letter of credits with
the submitted bonds (see attached).
I am sending you the following documents for replacement of LOCs with
bonds:
1. Parcel No. 33588 Performance Bond
Amount = $ 1,157,31 1.00
Bond No 104855785
Surety Company: Travelers Casualty and Surety Company of
America
2. Parcel No. 33588 Labor and Material Bond
Amount = $ 1,157,31 1.00
Bond No 104855785
Surety Company: Travelers Casualty and Surety Company of
America
3. Reference material includes:
a. Copy of existing LOC No. L5LS-694393 for Performance
b. Copy of existing LOC No. L5LS-66051 1 for Labor & Material
C. Updated estimated cost for reflecting new bond value of
$1,156,305.00
d. Wal-Mart contact information requesting replacement.
If you have any questions, please contact me at extension 7089.
Thank You.
T:\STAFF\Colarossi\Deposits—bond—icredit\Sams Club Hammer Property 33588\Bond Replacement.doc
V�
�NASLAND
ENGINEERING
CIVIL ENGINEERING - SURVEYING - LAND PLANNING
Preliminary Estimate
#4941-00 La Quinta Sam's Club
Off -Site Work
Dune Palms Road
#49
It# cold
0,
NO.
ARTICLE
QUANTITY
UNIT UNIT COST
COST
Dune
Palms Road Improvements
1
6" Median Curb
-------------
2,550 L. F. $20.00
$51,000.00
2
:6" Curb and Gutter
21315
L. F. $20.00
$46,300.00
3
Temporary 6" AC Dike per La Quinta Dwg. 204
772
L. F. $10.00
$7,720.00
4
':Temporary 6" AC Dike per CalTrans Std. A87B
101
L.F. i $10.00
$1,010.00
5
Concrete Cross Gutter per La Quinta Dwg. 230
3,000
S.F. $8.00
$24,000.00.
6
1, Curb Ramp per La Quinta Dwg. 250
6
EA. $1,500.00
$9,000.00
7
Dual Corner Curb Ramp per CalTrans Std. A88A
4
EA. $1,500.00
$6,000.00
8
Meandering Sidewalk per La Quinta Dwg. 245
16,830
S.F. $5.00
$84,150.00
9
:4.5" Asphalt Paving @ $50 Ton
41,850
S.F. $1.40
$58,590.00
10
Aggregate Base & Set Grade
41,850
S.F. $2.00
$83,700.00
11
Pavement Striping
15,000
L. F. $0.65
$9,750.00
12
Signage
44
EA. $500.00
$22,000.00
13
Landscaping and Irrigation
20,600
S.F. $6.00
$123,600.00
14
Erosion Control& PM10
1
L.S. $50,000.00
$50,000.00
Dune Palms Road Sub Total,
$576,820.00
25% Contingency
$144,205.00
Dune Palms Road Total
$721,025.00
DPR
Landscape Medians
15
Decorative Median
4,625 __
j S.F. $11.00
$50,875.00
16
Sawcut existing Asphalt Pavement
3,950
L.F. $0.50
$1,975.00
17
Landscaping and Irrigation
10,200
S.F. $6.00
$61,200.00
DPR Landscape Medians Sub Total
$114,050.00
25% Contingency
$28,512.50
DPR Landscape Medians Total
$142,562.60
Traffic Signals
18 'Modify Traffic Signal@ HWY 1110-ung-,Palms Rd
-0
Note: The Maximum DIF rei e t r . A
of the median and landscapin disoft cos
1 L.S. $100,000.00 $100,000.00
Traffic Signal Total $100,000.00.
TOTAL CONSTRUCTION COST
$963,587.50
Professional Fees, Design 10%
$96,358.75
Professional Fees, Const. 10%
$96,358.75
NVATOFOP�v TOTAL SITE WORK BOND 1$1,156,305.00
> '"womwoop—
k L y' 11—C �_ , -v
Peter B. Ritchey RCEii�b67652 Date eL_,,"
el t
Expiration Date: 06/30/07 N. E. Job# 304-018.1
4740 Ruffner Street, San Diego, California 92111 - 858-292-7770 e FAX 858-571-3241 3/31/2006
WAL*MART
REAL ESTATE
WAL-MART STORES, INC * 2001 SE 10TH STREET * Dept. 8703 * BENTONVILLE, AR 72716-0550
• Phone: * 479-273-8015 FAX: 479-273-8084* Email Address: J.colllierAwal-mart .corn
December 28, 2006
Re: Performance/ Payment Bond —Sam's Club
Tony, Attached you will find the performance bond for Sam's Club off -site work at 111 &
Dune Palms.
Payment bond (labor and material bond) will be forthcoming next week.
Sin
Kel
N
MEMORANDUM
TO: June Greek, City Clerk
FROM:' Anthony Colarossi, Assistant Engineer I
VIA:/6' Timothy R. Jonasson, Public Works Director/City Engineer
DATE: August 11, 2005
RE: Letter of Credits w/Amendments for PM 33588, The Hammer
Property (Sam's Club)
On June 21, 2005, the City Council adopted a Resolution granting conditional
approval of a Final Map and Subdivision Improvement Agreement for Parcel Map
No. 33588, City of La Quinta. I am transferring to you two letter of credits with
amendments for you to perform the following tasks:
1 . Keep the following original Letter of Credits:
Off Site Performance Letter of Credit No. 1-51-S-694393 - $ 1,253,825.00
Off Site Performance Amended Letter of Credit No. 1-51-S-694393
Off Site Labor & Material Letter of Credit No. 1-51-S-660511 -
$1,253,825.00
Off Site Labor & Material Amended Letter of Credit No. 1-51-S-660511
If you have any questions, please contact me at extension 7089.
Thank You.
T:\PWDEPT\STAFF\Colarossi\TRANSMITS\City Engineer\hammer Prop sams club 33588 amend.doc