Loading...
HomeMy WebLinkAboutReso 109-20 Accepting the Clover Park and Sunrise Park Improvements, CIP No. PK0117Reso. No. 109-20, Item 4.5, Adopted 10/20/20 Page 1 of 2 RESOLUTION NO. 109 - 20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE CLOVER PARK AND SUNRISE PARK IMPROVEMENTS, CIP No. PK0117 WHEREAS, Lennar Homes of California, Inc., the developer of Tract 8171 (“Developer”), previously entered into Improvement Agreement for Clover Park (Neighborhood Square), dated July 21, 2015, City Council Resolution No. 132-15, with the City of Dublin, to complete improvements associated with the Clover Park, in accordance with the plans on file with the City Engineer; and WHEREAS, Lennar Homes of California, Inc., the developer of Tract 8171 (“Developer”), previously entered into Improvement Agreement for Sunrise Park (Community Nature Park Site), dated December 15, 2015, City Council Resolution No. 185-15, with the City of Dublin, to complete improvements associated with the Sunrise Park, in accordance with the plans on file with the City Engineer; and WHEREAS, the Developer provided Faithful Performance and Labor and Materials Bonds, each in the amount of $1,281,358 (Bond No. 72BSBGZ8694), issued by Hartford Fire Insurance Company to guarantee said Clover Park (Neighborhood Square Site) Improvements; and WHEREAS, the Developer provided Faithful Performance and Labor and Materials Bonds, each in the amount of $500,000 (Bond No. 0197691), issued by Berkley Insurance Company to guarantee said Sunrise Park (Community Nature Park Site) Improvements; and WHEREAS, the Clover Park (Neighborhood Square Site) Improvements are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Sunrise Park (Community Nature Park Site) Improvements are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Faithful Performance Bond and Labor and Materials Bonds can be revised, in accordance with the Agreement to guarantee the completed work for a one-year period; and WHEREAS, Lennar Homes of California, Inc., has provided a Faithful Performance Bond and Labor and Materials Bond each in the amount of $192,204 issued by Hartford Fire Insurance Company to guarantee the Clover Park improvements for a one-year period; and WHEREAS, Lennar Homes of California, Inc., has provided a Faithful Performance Bond and Labor and Materials Bond each in the amount of $75,000 issued by Berkley Insurance Company to guarantee the Sunrise Park improvements for a one-year period; and WHEREAS, Lennar Home of California, Inc., shall complete the monument wall and surrounding landscape prior to City Engineer acceptance of Parcel C of Tract 8171. Reso. No. 109-20, Item 4.5, Adopted 10/20/20 Page 2 of 2 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby accept the Clover Park and Sunrise Park Im provements, Project No. PK0117, and authorizes Staff to file a Certificate of Completion with Alameda County. BE IT FURTHER RESOLVED that the City Council of the City of Dublin does hereby authorize the City Manager or designee to release the reduced Faithful Performance and Labor and Materials Bonds at the end of the one-year warranty period. PASSED, APPROVED AND ADOPTED this 20th day of October 2020, by the following vote: AYES: Councilmembers Goel, Hernandez, Josey, Kumagai and Mayor Haubert NOES: ABSENT: ABSTAIN: ________________________________________ Mayor ATTEST: _______________________________________ City Clerk