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HomeMy WebLinkAboutReso 128-11 Fallon Gateway PM 9827RESOLUTION NO. 128 - 11 A RESOLUTiON OF THE CITY COUNCIL OF THE CITY OF DUBLIN ~*******~ APPROVING ACCEPTANCE OF IMPROVEMENTS FOR PARCEL MAP 9827, FALLON GATEWAY, AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the Stanforth Holding Company, LLC; and the City of Dublin entered into an Tract Improvement Agreement for Parcel Map 9827, Fallon Gateway, on December 15, 2009, Resolution 181-09, and amended to include Whiting-Turner Contracting Company as a party to the Agreement on July 20, 2010, Resolution 105-10, to construct roadway improvements in accordance with plans on file with the City Engineer; and WHEREAS, the improvements associated with Parcel Map 9827, Fallon Gateway are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, certain regulatory traffic control devices have been installed as part of these improvements; and WHEREAS, the Performance Bond, and the Labor and Materials Bond 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 Warranty Bond to guarantee the completed work for a one-year period following acceptance; and ~ WHEREAS, Whiting-Turner Contracting Company, has provided a Warranty Bond to guarantee the improvements for a one-year period. NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements associated with Parcel Map 9827, Fallon Gateway are hereby approved and accepted subject to a one-year guarantee period; and 2. The original PerFormance Bond issued by Fidelity and Deposit Company of Maryland in the amount of $ 755,000.00 (Bond No. 9010398) for the improvements identified as "Dublin Boulevard, Phase II Improvements, Dublin Boulevard, Phase II Landscaping, and Fallon Gateway Entry Traffic Signals"; and 3. The original Labor and Materials Bond issued by Fidelity and Deposit Company of Maryland in the amount of $ 755,000.00 (Bond No. 9010398) for the improvements identified as "Dublin Boulevard, Phase II Improvements, Dublin Boulevard, Phase II Landscaping, and Fallon Gateway Entry Traffic Signals"; and Page 1 of 2 4. The submitted Warranty Bond issued by Fidelity and Deposit Company of Maryland in the amount of $189,000.00 for the improvements identified as "Dublin Boulevard, Phase II Improvements, Dublin Boulevard, Phase II Landscaping, and Fallon Gateway Entry Traffic Signals" (Bond No. 9010398) be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 19th day of July, 2012. 5. The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) Traffic signal control on Fallon Road at the Fallon Gateway entrance. b) Traffic signal contro{ on Dublin Boulevard at the Fallon Gateway entrance. PASSED, APPROVED AND ADOPTED this 19th day of July, 2011, by the foliowing vote: YES: Councilmembers, Biddle, Hart, Hildenbrand, Swalwell, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None ~ ~ Mayor ATTE T: ^ /~ Vvf / City Clerk Reso No. 128-11, Adopted 7-19-11, Item 4.12 Page 2 of 2