Palm Desert
City Council
Agenda Item s
10.s GERALD FORD APARTMENTS – ACCEPT PUBLIC IMPROVEMENTS 935\nAND RELEASE RELATED BONDS, AND ACCEPT A MAINTENANCE\nBOND\nRECOMMENDATION:\n1. Accept public improvements for Gerald Ford Apartments.\n2. Release the following bonds:\na. Faithful Performance Bond in the amount of $108,091.50.\nb. Labor and Materials Bond in the amount of $108,091.50.\nc. Grading Bond in the amount of $173,470.\n3. Accept the Maintenance Bond in the amount of $10,809.15.