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HomeMy WebLinkAboutReso 174-06 Dublin Ranch Area A Tr 7139 RESOLUTION NO. 174 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * ACCEPTANCE OF IMPROVEMENTS FOR TRACT 7139 (DUBLIN RANCH AREA A, NEIGHBORHOOD A-4) AND APPROVING REGULA TORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Tract 7139, filed on July 11, 2003, in Book 271 of Maps at Pages 35 - 39, 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 East of Signal Hill Drive, north of Tract 7140, and west of Dublin Ranch Golf Course 54 Single-Family Lots No. 72-03, City of Dublin City Council East Cog Hill Terrace, East Sugar Hill Terrace, Highland Meadows Court, Lochgreen Way, Saddle Creek Terrace, and Signal Hill Drive a) Subdivider: b) Tract Location: WHEREAS, the Street Improvements associated with Tract 7139 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 Landscaping Improvements governed by the remammg Tract Improvement Agreement are also complete and will be accepted separately; 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 on Signal Hill Drive, Bent Tree Drive, East Cog Hill Terrace and 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: Reso No. 174-06, Adopted 9/19/06, Item 4.4 Page 1 of2 a) Stop control devices installed on the westerly approach of Loch green Way at Signal Hill Drive. b) Stop control devices installed on the westerly approach of East Cog Hill Terrace at Signal Hill Drive. c) Stop control devices installed on the easterly approach of Highland Meadows Court at Saddle Creek Terrace. d) Stop control devices installed on all three approaches of the intersection of Signal Hill Drive and East Sugar Hill Terrace. e) Stop control devices installed on all three approaches of the intersection of Bent Tree Drive and East Sugar Hill Terrace. 3. The original Performance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103964595) in the amount of $770,340.00 be released; and 4. The original Labor and Material Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103964595) in the amount of$770,340.00 be released; and 5. The original Performance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103964587) in the amount of $546,722.00 be released; and 6. The original Labor and Material Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103964587) in the amount of$546,722.00 be released; and 7. The submitted Maintenance Bond issued by Travelers Casualty and Surety Company of America in the amount of$329,265.50 (Bond No. 104564070) 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: Councilmember Hildenbrand, Oravetz and Zika, and Mayor Lockhart NOES: None ABSENT: Councilmember McCormick ABSTAIN: None ATTEJr \ \ r ; . \ I: -=.toJl J\j'-4~:"Vv~' City Clerk /1. /1 (j 4d/I ~Mj;j)IJ /,a / / Mayor [/ Reso No. 174-06, Adopted 9/19/06, Item 4.4 Page 2 of2