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HomeMy WebLinkAboutReso 28-11 Dublin Rch Area GRESOLUTION NO. 28 - 11 ~" A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING THE IMPROVEMENTS FOR TRACT 7524 (NEIGHBORHOOD H-2, PHASE 2, DUBLIN RANCH AREA G,) WHEREAS, the subdivider of Tract 7524, filed on November 5, 2004, in Book 277 of Maps at Pages 95 - 97, previously entered into two Improvement Agreements with the City of Dublin to improve said Tract in accordance with plans and specifications on file with the Public Works Director, said Tract identified as follows: a) Subdivider: b) ~ Tract Location: c) Tract Size: d) Resolution Approving Agreement: e) City Streets Affected: Toll-Dublin, LLC, a California Limited Partnership West of Keegan Street, south of Maguire Way and north of Dublin Boulevard 2 Lots, 626 Multi-Family Units No. 198-04, City of Dublin City Council None WHEREAS, the onsite Grading Improvements associated with Tract 7524 governed by one of the two agreements was previously accepted by the City Council via Resolution No. 144- 07 on August 7, 2007; and WHEREAS, the onsite Improvements associated with Tract 7524 governed by the second of the two agreements are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the Public Works Director; and WHEREAS, the original improvement Performance Bonds and Labor and Materials ~ Bonds that guaranteed the Improvements can be released, in accordance with the authority contained in §66499.7 of the Government Code of the State of California, and replaced with a Maintenance Bond to guarantee the completed work for a one-year period following acceptance. NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements completed within said Tract are hereby approved and accepted subject to a one-year guarantee period; and 2. The original PerFormance Bond issued by Safeco Insurance Company of America in the amount of $7~,000.00 (Bond No. 6294111) for street repairs be released; and 3. The original Labor and Materials Bond issued by Safeco Insurance Company of America in the amount of $75,000.00 (Bond No. 6294111) for street repairs be released; and Page 1 of 2 4. The original Performance Bond issued by Safeco Insurance Company of America in the amount of $174,390.00 (Bond No. 6294095) for onsite improvements be released; and 5. The original Labor and Materials Bond issued by Safeco Insurance Company of America in the amount of $174,390.00 (Bond No. 6294095) for onsite improvements be released; and 6. The submitted Maintenance Bond issued by Safeco Insurance Company of America in the amount of $43,597.50 (Bond No. 6294095M) be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 5th day of April, 2012. PASSED, APPROVED AND ADOPTED this 5th day of April, 2011, by the following vote: AYES: Councilmembers Biddle, Hart, Hildenbrand, Swalwell, and Mayor Sbranti NOES: None ABSENT: None ABSTAlN: None ~~ ' Mayor ATTE T: ~ ~ ~~pv City Clerk Reso No. 28-11, Adopted 4-5-11, Item 4.2 Page 2 of 2