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HomeMy WebLinkAbout4.05 DubRanL5 Tr6960 AICTTY CLERK #600-60 AGENDA STATEMENT CZTY COUNCZL MEETZNG DATE: February 5, 2002 SUBJECT: Acceptance of Improvements, Tract 6960 (Dublin Ranch Neighborhood L5, "Stonecrest" by Centex Homes and MSSH Dublin Development) Report Prepared by: Lee S. Thompson, Public Works Director ATTACHMENTS: RECOMMENDATION: 1) Resolution 2) Location Map //'L~Adopt Resolution accepting the work completed and approving regulatory traffic control devices installed as tract improvements. FINANCIAL STATEMENT: Maintenance Bonds in the amounts of $223,867.00 and $13,959.00 have been provided to the City to guarantee against defects. Sweeping and other street maintenance costs will be incurred by the City. The street lighting maintenance costs will be paid by the Dublin Ranch Street Light Maintenance Assessment District. DESCRIPTION: Dublin Ranch Neighborhood L5, Tract 6960, is located in the Eastern Dublin Specific Plan area, generally bounded by Tassajara Road on the west, future Fallon Road on the east, the future golf course on the north, and future Dublin Ranch Areas B and F on the south. Tract 6960 consists of 113 single-family lots and several large lots that were subsequently subdivided for Neighborhoods L1, L4, L6, and M1, together with several parcels for open space, a neighborhood park, a stream corridor, a private recreation facility, and the future school. At the time the City executed Tract Developer Agreements with Centex Homes and MSSH Dublin Development, the developers provided Performance Bonds in the amounts of $895,466.00 (on-site) and $55,836.00 (off-site) together with Labor and Materials Bonds in the amounts of $447,733.00 (on-site) and $27,918.00 (off-site), respectively, to guarantee performance of the work. Now that the work is complete, the bonds may be released in accordance with the authority contained in §66499.7 of the Government Code, and replaced with Maintenance Bonds in amounts necessary to warranty the improvements for a one-year period following acceptance of the work. The developers have provided Maintenance Bonds in the amounts of $223,867.00 and $13,959.00, which is 25% of the original Performance Bond amounts, and which are sufficient to guarantee the one-year warranty period upon acceptance. COPIES TO: Thomas E. Gowdy, Centex Homes; Jon McCaustland, Shea Homes g:\develop\Dublin Ranch~L5-centex \agstacpt6960.doc ITEM NO. The following regulatory traffic improvements will be accepted and approved as a part of this development and added to the City of Dublin Traffic Code: Stop controls have been installed on southbound North Bridgepointe Lane at Antone Way, northbound South Bridgepointe Lane at Antone Way, and westbound Oak Bluff Lane at North Dublin ,Ranch Drive. 25 MPH regulatory speed limit signs have been posted on North Bridgepointe Lane, South Bridgepointe Lane, and Oak Bluff Lane. The improvements required by and guaranteed by the Tract 6960 Tract Developer Agreements have been satisfactorily completed for City maintenance. Staff, therefore, recommends adopting the Resolution to accept the improvements associated with Tract 6960, Dublin Ranch Neighborhood L5, "Stonecrest'. Page 2 RESOLUTION NO. - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 6960 (DUBLIN RANCH NEIGHBORHOOD L5, "STONECREST") AND APPROVING REGULATORY TRAFFIC DEVICES INSTALLED AS TRACT IMPROVEMENTS WHEREAS, the subdivider/developer of Tract 6960, filed April 7, 1999, in Book 242 of Maps Pages 85-95, previously entered into a contract with the City of Dublin to improve said Tract in accordance with plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider/Developer: b) Tract Location: c) Tract Size: d) ResolUtion Approving Final Map: e) City Streets Affected: Centex Homes, A Nevada Corporation, and MSSH Dublin Development, LLC East of Tassajara Road, West of future Fallon Road 113 single-family lots plus several large lots subsequently subdivided for Neighborhoods L 1, L4, L6, and M1 together with several parcels for open space, a neighborhood park, a stream corridor, a private recreation facility, and a future school No. 40-99, City Council of Dublin Oak Bluff Lane, Oak Bluff Court, Cranbrook Place, North Bridgepointe Lane, South Bridgepointe Lane, Colebrook Lane, Colebrook Court, Hartland Lane, and Hartland Court WHEREAS, the improvements associated with Tract 6960 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the subdivider/developer has installed certain traffic regulatory devices as a part of the Tract improvements; and WHEREAS, the original Performance and Labor and Materials Bonds can be released, in accordance with the authority contained in §66499.7 of the Government Code of the State of California, and replaced with Maintenance Bonds to warranty the completed work for a one-year period; NOW, THEREFORE, BE IT RESOLVED that: The improvements completed within said Tract are hereby approved and accepted subject to a one-year warranty period; and The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: Stop control device installed at southbound North Bridgepointe Lane at Antone Way. b) c) d) Stop control device installed at northbound South Bridgepointe Lane at Antone Way. Stop control device installed at westbound Oak Bluff Lane at North Dublin Ranch Drive. 25 MPH speed limit signs on North Bridgepointe Lane, South Bridgepointe Lane, and Oak Bluff Lane. o The original Performance Bond issued by SAFECO Insurance Company of America (Bond No. 5947528) in the amount of $895,466.00 be released; and The original Labor and Materials Bond issued by SAFECO Insurance Company of America (Bond No. 5947528) in the amount of $447,733.00 be released; and The original Performance Bond issued by American Home Assurance Company (Bond No. 00-222-942) in the amount of $55,836.00 be released; and The original Labor & Materials Bond issued by American Home Assurance Company (Bond No. 00-222-942) in the amount of $27,918.00 be released; and The submitted Maintenance Bond issued by SAFECO Insurance Company of America (Bond No. 5947528-1) in the amount of $223,867.00 be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 5th day of February, 2003, subject to the repair of any defects discovered during the warranty period; and The submitted Maintenance Bond issued by American Home Assurance Company (Bond No. 00-222-942-A) in the amount of $13,959.00 be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 5th day of February, 2003, subject to the repair of any defects discovered during the warranty period. PASSED, APPROVED AND ADOPTED this 5th day of February, 2002. AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor City Clerk g:developldublin ranchlLS-Centex, Stonecrestlresoacpt6960. doc 2 DUBLIN RANCH TRACT 6960 LOCATION MAP ao \\ SOUTH 29 \ \ \ \ \ \ \