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HomeMy WebLinkAboutReso 209-05 CalifHilandsTr5926 RESOLUTION NO. 209 - 05 A RESOLUTION OF THE CITY COUNCIL OF TIlE CITY OF DUBLIN "'.."'........* ACCEPTANCE OF DRAINAGE IMPROVEMENTS FOR TRACT 5926 (CALIFORNIA HIGHLANDS) WHEREAS, the subdivider of Tract 5926, filed on January 8, 1996, in Book 222 of Maps at Pages 71 - 84, previously entered into a Tract Developer Agreement with the City of Dublin on December 12, 1995, to improve said Tract in accordance with plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider: KB Homes, Inc. (KB Homes), formerly Kaufinan and Broad of Northern California Westerly terminus of Dublin Boulevard 246 multi-family units, 17 single-family units and approximately 170 acres of open space No. 148-95, City Council of Dublin Dublin Boulevard b) Tract Location: c) Tract Size: d) Resolution Approving Final Map: e) City Streets Affected: WHEREAS, the Tract improvements associated with Tract 5926 were accepted on August 5, 2003, via City Council Resolution No. 166-03; and WHEREAS, the Agreement to Provide Security and Right of Entry for Installation of Drainage Improvementsfor the California Highlandv (City of Dublin Subdivision # 5926) was previously amended on August 5, 2003, via City Council Resolution No. 166-03; and WHEREAS, the Tract draînage improvements associated with Tract 5926 are complete in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City of Dublin; and WHEREAS, the original Performance Bond and Labor and Materials Bond referenced in the Tract Developer Agreement can be released in accordance with the authority contained in §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 following acceptance; NOW, TIlEREFORE, BE IT RESOLVED that: 1. The drainage improvements associated with said Tract are hereby approved and accepted as complete subject to a one-year !,'llarantee. Ongoing maintenance will be by the California Highlands Homeowners Association. 2. The original Faithful Performance Bond issued by Fidelity and Deposit Company of Maryland (Bond No. 08658047) in the amount of$116,164.50 be released. R""" No. 209-01, adopted 11/1/01, It"" #4.2 Page 1 of2 3. The original Labor and Materials Bond issued by Fidelity and Deposit Company of Maryland (Bond No. 08658047) in the amount of$116, 164.50 be released. 4. The subßÚtted Maintenance Bond issued by Fidelity and Deposit Company of Maryland (Bond No. 08658047) in the amount of $29,041.00 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terßÚnate on the 1 st day of November, 2006. PASSED, APPROVED AND ADOPTED this 1st day of November, 2005. AYES Councilmembers Hildenbrand, McCormick and Oravetz, and Mayor Lockhart NOES: None " ., ABSENT: Vm. Zika ABSTAIN: None Í! ~ :h/Vc?){~ ~~tL'¥ U Mayor ~ City Clerk RCfiO No. 2(,ti)..(J5, adopted 11/1/05, Item #4,:l Pa¡¡;e 2 of2