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HomeMy WebLinkAboutReso 172-06 Dublin Ranch Area Tr 7137 RESOLUTION NO. 172 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR TRACT 7137 (DUBLIN RANCH AREA A, NEIGHBORHOOD A-2) AND APPROVING REGULA TORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Tract 7137, filed on March 1, 2004, in Book 275 of Maps at Pages 9 - 12, previously entered into two Tract Improvement Agreements with the City of Dublin to improve said Tract in accordance with plans and specifications on file with the Public Works Director, said Tract identified as follows: c) Tract Size: d) Resolution Approving Agreement: e) City Streets Affected: Toll CA II, L.P., A California Limited Partnership West of Signal Hill Drive, north of tract 7138, and east of Dublin Ranch Golf Course 51 Single-Family Lots No. 15-04, City of Dublin City Council Glen Abbey Place, West Cog Hill Terrace and West Castle Pines Terrace a) Subdivider: b) Tract Location: WHEREAS, the Street Improvements associated with Tract 7137 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the Public Works Director; and WHEREAS, the developer has installed certain regulatory traffic control devices as part of the Tract improvements; and WHEREAS, the original improvement Performance Bond and Labor and Materials Bond that guaranteed the Street 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 Tract are hereby approved and accepted subject to a one-year guarantee period; and 2. 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: a) Stop control devices installed on the easterly approach of West Cog Hill Terrace at Signal Hill Drive. b) Stop control devices installed on the easterly approach of West Castle Pines Terrace at Signal Hill Drive. Reso No. 172-06, Adopted 9/19/06, Item 4.2 Page 1 of2 c) Stop control devices installed on the westerly approach of Glen Abbey Place at West Cog Hill Terrace. 3. The original Performance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103938729) in the amount of$354,255.00 be released; and 4. The original Labor and Material Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103938729) in the amount of$354,255.00 be released; and 5. The submitted Maintenance Bond issued by Travelers Casualty and Surety Company of America in the amount of $88,564.00 (Bond No. 104564076) be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 19th day of September, 2007. PASSED, APPROVED AND ADOPTED this 19th day of September, 2006, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz and Zika, and Mayor Lockhart NOES: None ABSENT: Councilmember McCormick ABSTAIN: None ATTESf: ~-t1llLC~ ~~/ ,. . City Clerk Q c/ .'~\. ~k-'-d I / Mayor (/ Reso No. 172-06, Adopted 9/19/06, Item 4.2 Page 2 of2