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HomeMy WebLinkAboutReso 175-06 Dublin Ranch Area A Tr 7140 RESOLUTION NO. 175 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR TRACT 7140 (DUBLIN RANCH AREA A, NEIGHBORHOOD A-5) AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Tract 7140, filed on July 11, 2003, in Book 271 of Maps at Pages 40 - 43, 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, south of Tract 7139, and west of Dublin Ranch Golf Course 62 Single-Family Lots No. 73-03, City of Dublin City Council East Castle Pines Terrace, Sable Oaks Way and East Sugar Hill Terrace a) Subdivider: b) Tract Location: WHEREAS, the Street Improvements associated with Tract 7140 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 remaining 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 966499.7 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 device installed on the southerly approach of Sable Oaks Way at Signal Hill Drive. Reso No. 175-06, Adopted 9/19/06, Item 4.5 Page 1 of2 b) Stop control device installed on the northerly approach of Sable Oaks Way at East Castle Pines Terrace. c) Stop control devices installed on the westerly approach of East Castle Pines Terrace at Signal Hill Drive. . 3. The original Performance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103938730) in the amount of $524,227.00 be released; and 4. The original Labor and Material Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103938730) in the amount of$524,227.00 be released; and 5. The submitted Maintenance Bond issued by Travelers Casualty and Surety Company of America in the amount of$131,056.75 (Bond No. 104564077) 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 (J. /~ / I. _ ,J ~ "..1;H1~~ / i Mayor ! I ATTEST: l/ . .(. \ \ /' .~ :.:" ~.U..y.. ! \ '~.yv-..6..., ----j' ...- \ City Clerk Reso No. 175-06, Adopted 9/19/06, Item 4.5 Page 2 of2