City Council

R. AUTHORIZATION TO REDUCE SUBDIVISION IMPROVEMENT SECURITIES FOR THE\n“MIRALON” DEVELOPMENT, TRACT NO. 31848-1\nRECOMMENDATION:\n1. Adopt a Resolution entitled, “A RESOLUTION OF THE CITY COUNCIL OF THE CITY\nOF PALM SPRINGS, CALIFORNIA, AUTHORIZING A REDUCTION OF\nSECURITIES GUARANTEEING COMPLETION OF CERTAIN WORKS OF\nIMPROVEMENT ASSOCIATED WITH TRACT MAP 31848-1 REQUIRED BY THE\nSUBDIVISION IMPROVEMENT AGREEMENT WITH AVALON 1150, LLC, A\nDELAWARE LIMITED LIABILITY COMPANY, (A5393), FOR PROPERTY LOCATED\nALONG THE NORTH SIDE OF SAN RAFAEL DRIVE, EAST OF NORTH INDIAN\nCANYON DRIVE, SOUTH OF WHITEWATER RIVER AND WEST OF SUNRISE\nWAY, IN SECTION 35, TOWNSHIP 3 SOUTH, RANGE 4 EAST.”\n2. Authorize the City Manager to execute any necessary documents.