HomeMy WebLinkAboutReso 127-12 Schaefer Rch Landscp Imp RESOLUTION NO. 127 - 12
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTANCE OF LANDSCAPE IMPROVEMENTS FOR
TRACT 6765, SCHAEFER RANCH (SCHAEFER RANCH HOLDINGS, LLC)
WHEREAS, Schaefer Ranch Holdings, LLC, the developer of Tract 6765, previously entered
into a Landscape Improvement Agreement dated February 20, 2007, Resolution No. 17-07, with the
City of Dublin, to complete improvements associated with Tract 6765, in accordance with plans on
file with the City Engineer; and
WHEREAS, said Landscape Improvement Agreement was secured by faithful performance
and payment bonds each in the amounts of$1,365,900.00 (Bond No. 10457060); and
WHEREAS, the improvements are complete in accordance with said plans, and any approved
modifications thereto, to the satisfaction of the City Engineer; and
WHEREAS, the original bonds that guaranteed the improvements can be released, in
accordance with the authority contained in §66499.7 of the Government Code.
NOW, THEREFORE, BE IT RESOLVED that:
1. The landscape improvements completed within Tract 6765 are hereby accepted; and
2. All deficiency items have been addressed and no new items are anticipated; and
3. The original Performance Bond issued by The Travelers Casualty and Surety Company
of America (Bond No. 104757060) in the amount of $1,365,900.00 be released; and
4. The original Labor and Material Bond issued by The Travelers Casualty and Surety
Company of America (Bond No. 104757060) in the amount of $1,365,900.00 be
released.
PASSED, APPROVED AND ADOPTED this 17th day of July, 2012, by the following vote:
AYES: Councilmembers Biddle, Hart, Swalwell, and Mayor Sbranti
NOES: None
ABSENT: Councilmember Hildenbrand
ABSTAIN: None I
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ATTE Mayor
CC City Clerk
Reso No 127-12,Adopted 7-17-12, Item 4.6 Page 1 of 1