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HomeMy WebLinkAboutReso 021-00 Summerglen AIRESOLUTION NO. 21 - 00 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 6976 (SUMMERGLEN) AND APPROVING REGULATORY TRAFFIC DEVICES INSTALLED AS TRACT IMPROVEMENTS WHEREAS, the owner-subdivider of the aforesaid Tract 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: b) Tract Location: c) Tract Size: d) Resolution Approving Final Map: e) City Streets Affected: Summerhill Homes East of Hacienda, South of Gleason Drive 347 Single-Family Lots No. 35-98, City Council of Dublin Aspen, Linden and Walnut Streets; Asterwood, Persimmon and Summerglen Drives; Redwood, Sequoia and Winterbrook Avenues; Chestnut and Westwood Courts; and Woodrose Circle WHEREAS, said improvements have been completed 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 developer has installed certain traffic regulatory devices as a part of the Tract improvements; and WHEREAS, as a condition of said contract, subdivider is required to guarantee the improvements and to maintain the completed work for a period of one year following acceptance of the work by the said City of Dublin; WHEREAS, as improvements are now completed, the original performance bond security requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, to an amount found necessary to guarantee maintenance of the completed work for the aforesaid one-year period. NOW, THEREFORE, BE IT RESOLVED that: . The improvements completed within the said Tract be, and they are hereby approved and accepted subject to the aforesaid one-year guarantee; and o The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, which regulatory devices are as follows: A. Summerglen Drive, Walnut Street, Winterbrook Avenue, Asterwood Drive, Persimmon Drive, and Aspen Street are designated as "Through Streets." (Traffic Code Chapter 6.08)' B. Stop signs on Linden Street at Sequoia Avenue (Traffic Code Section 6.16.020), C. All-way stop at the intersection of Summerglen Drive and Aspen Street (Traffic Code Section 6.16.010); o The aforesaid original performance bond security requirement be reduced from the amounts of $660,963 for landscaping and $6,588,720 for onsite/offsite improvements to revised security requirements in the amounts of $165,241 for landscaping and $1,647,180 for onsite/offsite improvements, upon acceptance by Staff of the replacement maintenance bond in the said amounts of $165,241 and $1,647,180 as security for the aforesaid one-year period, and the Mayor of this City Council be, and is hereby authorized and directed to execute the said bond on behalf of the said City of Dublin; and . The said original performance bonds in the amounts of $660,963 and $6,588,720 posted in connection with the work involved in the construction of said Tract be hereby released upon acceptance of said maintenance bonds. PASSED, APPROVED AND ADOPTED this 15th day of February, 2000. AYES: Councilmembers Howard, McCormick, Vice Mayor Lockhart and Mayor Houston NOES: None ABSENT: Councilmember Zika ABSTAIN: None Mayor K2/G/2-15-00/reso-6976.doc (Item 4.9) g : developlSummerhllresoacpt6976