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CITY CLERK
File # ^ G^ 0^ 0^-~O^
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: September 16, 2008
SUBJECT: Approval of Release of Security for Tract 7283, Verona (Pulte
Homes), Rear Yard Landscaping
Report Prepared by: Mark Lander, City Engineer
ATTACHMENTS: Resolution Approving the Release of Security for Tract 7283,
Verona (Pulte Homes), Rear Yard Landscaping
RECOMMENDATION: Adopt the .resolution approving the Release of Security for Tract
7283, Verona (Pulte Homes), Rear Yard Landscaping.
FINANCIAL STATEMENT: None; the landscaping improvements are private and will be
maintained by the property owners.
DESCRIPTION: On April 19, 2005, Pulte Homes entered into an Improvement
Agreement for Rear Yard Landscaping with the City of Dublin to construct improvements required by
Tract 7283, Verona, located in Area F North of Dublin Ranch. The agreement included the landscaping of
a number of private backyards with slopes visible to public view.
Pulte Homes provided a Performance Bond, and a Labor and Materials Bond issued by Arch Insurance
Company in the amount of $782,000 for the backyard landscaping work (Bond No. SU5009519). On
May 20, 2008, the City Council, via Resolution 76-08, released these bonds and accepted new bonds in
the amount of $195,500 provided by the Continental Insurance Company (Bond No. 929447890) for the
remaining lots that were not landscaped at that time. The landscaping work is now complete, and in
accordance with authority contained in §66499.7 of the Government Code, the bonds provided by
Continental Insurance Company in the amount of $195,500 (Bond No. 929447890) maybe released.
Staff recommends that the City Council adopt the resolution approving the Release of Security for Tract
7283, Verona (Pulte Homes), Rear Yard Landscaping.
COPY TO: Chris Schenone, Pulte Homes
Page 1 of 1
ITEM NO. `~•~
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RESOLUTION NO. - 08
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
PARTIAL RELEASE OF SECURITY FOR TRACT 7283,
REAR YARD LANDSCAPING,
VERONA
WHEREAS, the subdivider of Tract 7283, Pulte Homes, filed on April 26, 2005, in Book 281 of
Maps at Pages 11-19, previously entered into an Improvement Agreement for Rear Yard Landscaping
with the City of Dublin dated April 19, 2005, to improve said Tract in accordance with plans on file with
the City Engineer (Resolution 60-OS); and
WHEREAS, the rear yard landscaping improvements for Tract 7283 are complete in accordance
with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; 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;
NOW, THEREFORE, BE IT RESOLVED that:
The Labor and Materials Bond issued by Continental Insurance Company in the amount of
$195,500 (Bond No.929447890) be released; and
2. The original Performance Bond issued by Continental Insurance Company in the amount
of $195,500 (Bond No.929447890) be released.
PASSED, APPROVED AND ADOPTED this 16th day of September, 2008, by the following
vote:
YES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Janet Lockhart, Mayor
City Clerk
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