HomeMy WebLinkAboutReso 172-15 Jordan Ranch Tr 8024 Accpt Improvmt RESOLUTION NO. 172 — 15
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING THE TRACT IMPROVEMENTS AND
APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES
FOR TRACT 8024, JORDAN RANCH
WHEREAS, BJP-ROF Jordan Ranch, LLC, the developer of Tract 8024, previously entered
into a Tract Improvement Agreement, dated December 6, 2011, City Council Resolution No. 203-11,
with the City of Dublin, to complete improvements associated with Tract 8024, in accordance with
plans on file with the City Engineer; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials Bonds,
each in the amount of $625,183.00 (Bond No. 0571493), issued by International Fidelity Insurance
Company to guarantee the said Tract 8024 improvements; and
WHEREAS, the Tract 8024 improvements are now complete in accordance with said plans,
and any approved modifications thereto, to the satisfaction of the City Engineer; and
WHEREAS, certain traffic regulatory devices have been installed as part of the Tract 8024
improvements; and
WHEREAS, the Faithful Performance Bond and Labor and Materials Bonds can be released,
in accordance with the authority contained in Section 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; and
WHEREAS, BJP-ROF Jordan Ranch, LLC, has provided a Maintenance Bond in the amount
of$625,183.00 issued by International Fidelity Insurance Company (Bond No. 0571493) to guarantee
the improvements for a one-year period.
NOW, THEREFORE, BE IT RESOLVED that:
1. The tract improvements for Tract 8024 are hereby approved and accepted, subject to a
one-year guarantee period.
2. The submitted Maintenance Bond issued by International Fidelity Insurance Company
(Bond No. 0571493) in the amount of$625,183.00 for the Tract 8024 Improvements, be
accepted as security for the aforesaid one-year warranty period, said period to
commence on this date and terminate on the 17th day of November, 2016.
3. The original Faithful Performance Bond issued by International Fidelity Insurance
Company (Bond No. 0571493) in the amount of $625,183.00 for the Tract 8024
Improvements be released.
4. The original Labor and Materials Bond issued by International Fidelity Insurance
Company (Bond No. 0571493) in the amount of $625,183.00 for the Tract 8024
Improvements be released in accordance with the requirements of §66499.7 of the
Government Code of the State of California.
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5. The traffic regulatory devices installed by the developer within the development are
hereby included in the City of Dublin Traffic Code, said regulatory devices to include the
following:
A. "STOP" signs, markings and crosswalks installed at the following intersections:
• Valley Vista Drive at intersection of Vinton Avenue
• Avery Way at intersection of Alta Terra Road
• Whitehorse Way at intersection of Alta Terra Road
• Bassetts Way at intersection of Alta Terra Road
• Valley Vista Drive at intersection of Jordan Ranch Drive
• Jordan Ranch Drive at intersection of Fallon Road
• Bassetts Way at intersection of Jordan Ranch Drive
B. Curve Warning with 10 MPH advisory speed signs on the following street:
• West side of Jordan Ranch Drive near Station 7+16
• South side of Jordan Ranch Drive near Station 5+65
• North side of Valley Vista Drive near Station 1+20
• East side of Valley Vista Drive near Station 14+80
C. Curve Warning with 15 MPH advisory speed signs on the following street:
• West side of Jordan Ranch Drive near Station 1+00
• South Side of Jordan Ranch Drive near Station 9+40
D. "NO PARKING" signs at the following streets:
• South side of Jordan Ranch Drive between Alta Terra Road and Whitehorse
Way
• North and South sides of Vinton Avenue between Positano Parkway and Valley
Vista Drive
PASSED, APPROVED AND ADOPTED this 17th day of November, 2015, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert
NOES: None
ABSENT: None
ABSTAIN: None
7Stpri _4-14-
Mayor
ATT ST:
(14/01
City Clerk
Reso No. 172-15,Adopted 11-17-15, Item 4.4 Page 2 of 2