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HomeMy WebLinkAboutReso 051-82 FMap 4950RESOLUTION NO. 51-82 RESOLUTION APPROVING CONTRACT, FINAL MAP AND DIRECTING THE RECORDING OF FINAL MAP FOR TRACT 4950 WHEREAS, the Final Map of Tract No. 4950 in the incorporated territory of the City of Dublin, Township of'Pleasanton, State of California, has been presented to this City Council for approval, all in accordance with the provisions of the Subdivision Map Act of the State of California and the Ordinance Code of the County of Alameda as adopted by the City Council of the City of Dublin; and WHEREAS, the Developer, Olympic Savings & Loan Association, has executed and filed with this City Council a contract to improve Tract 4950 in accordance with the Final Map of said Tract No. 4950, the Tract Improvement Plans and the Specifications attached thereto; and WHEREAS, said contract is secured by a Letter of Credit in the amount of Four Hundred Ninety Thousand Dollars ($490,000.00) which, by its terms, is made to inure to the City of Dublin, conditioned upon the performance of said contract; and WHEREAS, said contract is secured by a Letter of Credit in the amount of Two Hundred Forty-Five Thousand Dollars ($245,000.00) which, by its terms, is made to inure to the benefit of laborers and materialmen upon such work and improvements, conditioned upon the payment of such laborers and materialmen for labor performed or material furnished under the terms of said contract; NOW, THEREFORE, BE IT RESOLVED that said contract and Letters of Credit be and they are hereby approved, and the Mayor and the City Clerk of the City of Dublin be and they are hereby authorized and directed to execute said contract on behalf of the City of Dublin; and BE IT FURTHER RESOLVED that the Final Map of Tract No. 4950 be and it is hereby approved; and that Amador Valley Boulevard, as shown on said map and as offered in fee simple in the Offer of Dedication, be and it is hereby accepted subject to improvement in accordance with the approved plans and specifications; and the "W.L.E." or "Water Line Easement," (Parcel A), as shown on said map and as offered in the Offer of Dedication be and it is hereby accepted; and that those strips of land designated as Stagecoach Drive (a private street), De Frager Lane (a private street), Horton Lane (a private street), "P.A.E." or "Public Access Easement, ""P.U.E." or "Public Utility Easement," "S.D.E." or "Storm Drain Easement," and "S.S.E." "Sanitary Sewer Easement," and "W.L.E.-8"", or "Water Line Easement," as offered for dedication to public use, be and they are hereby rejected; and that the City Clerk of the City of Dublin, be and he is hereby authorized and directed to complete the City Clerk's certificate and to transmit said map to SAFECO Title Insurance Company for presentation to the Clerk of the Board of Supervisors of the County of Alameda for tax certification and to the County Recorder for filing. PASSED, APPROVED AND ADOPTED this 13th day of September the following vote: , 1982, by AYES: Cm. Burton, Hegarty, Jeffery, Moffatt and Mayor Snyder. NOES: None ABSENT: None Richard C. Ambrose, City Clerk Peter W. Snyder, Mayor DubWDiA5