HomeMy WebLinkAboutReso 05-06 Enea Properties
RESOLUTION NO. 5 - 06
A RESOLUTION OF THE CITY COUNCIL
OF mE CITY OF DUBLIN
* * * * * * * * *
ACCEPTANCE OF IMPROVEMENTS FOR PARCEL MAP 8407
(ENEA PROPERTIES COMPANY, LLC)
WHEREAS, the subdivider of Parcel Map 8407, filed on March 16,2005, in Book 280 of Parcel
Maps at Pages 59 - 60, previously entered into an Improvement Agreement with the City of Dublin to
improve said Parcel in accordance with plans and specifications on file with the Public Works Director,
said Tract identified as follows:
a) Developer:
b) Parcel Location:
c) Tract Size:
d) Resolution Approving Agreement:
e) City Streets Affected:
Enea Properties Company, LLC
7197 Village Parkway
Parcels A and B
No. 13-05, City of Dublin City Council
Amador Valley Boulevard, and Village Parkway
WHEREAS, the Improvements associated with Parcel Map 8407 are complete in accordance with
said plans and specifications, and any approved modifications thereto, to the satisfaction of the Public
W orks Director~ and
WHEREAS, the original Performance Bond and Labor and Materials Bond that guaranteed the
Improvements 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, THEREFORE, BE IT RESOLVED that:
1. The improvements completed within said Parcel are hereby approved and accepted subject
to a one-year guarantee period.
2. The original Performance Bond issued by International Fidelity Insurance Company (Bond
No. 0396556) in the amount of$187,800.00 be released~ and
3. The original Labor and Material Bond issued by International Fidelity Insurance Company
(Bond No. 0396557) in the amount of$187,800.00 be released~ and
4. The submitted Maintenance Bond issued by International Fidelity Insurance Company
(Bond No. 0396556) in the amount of $46,950.00 be accepted as security for the aforesaid
one-year maintenance period, said period to commence on this date and terminate on the
17th day of January, 2007.
Reso No. 5-06, Adopted 1/l7/06
Page 1 of2
PASSED, APPROVED AND ADOPTED this 17th day of January, 2006.
AYES: Councilmembers Hildenbrand, Oravetz and Zika, and Mayor Lockhart
NOES: None
ABSENT: Councilmember McCormick
ABSTAIN: None
ATI~M.
City Clerk
-
Reso No. 5-06, Adopted 1/17/06
Page 2 of2