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HomeMy WebLinkAboutReso 176-06 Dublin Ranch Area A Tr 7135 RESOLUTION NO. 176 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF FALLON ROAD STREAM CORRIDOR LANDSCAPING ASSOCIATED WITH TRACT 7135, DUBLIN RANCH AREA A (TOLL CA II, L.P., A CALIFORNIA LIMITED PARTNERSHIP) WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Toll CA II, L.P., a California Limited Partnership (hereinafter referred to as "DEVELOPER"), entered into seven Tract Developer Agreements that governed the Bulk Grading for Phase I, the Storm Drain through the Golf Course, Fallon Road and Bent Tree Drive Improvements, Traffic Signals at the Intersections of Fallon Road/Antone Way and Fallon Road/Bent Tree Drive, Upgrading Existing Fallon Road, Fallon Road Landscaping, and the Rough GradingJErosion Control for Tracts 7141 and 7142 (Tract Developer Agreements 1 through 7) on July 17, 2001; and WHEREAS, the Bulk Grading for Phase I of Tract 7135 and the Rough Grading and Erosion Control improvements for Neighborhoods A-6 and A-7 (Tract Developer Agreements 1 and 2 of 7) were completed and accepted by the City Council via Resolution No. 85-03 on May 20,2003; and WHEREAS, the Storm Drain through the Golf Course and the Upgrades to Existing Fallon Road (Tract Developer Agreements 3 and 4 of 7) were completed and accepted by the City Council via Resolution No. 109-03 on June 3,2003; and WHEREAS, the Traffic Signals at the intersections of Fallon Road/Bent Tree Drive and Fallon Road/Antone Way (Tract Developer Agreement 5 of 7) were completed and accepted by the City Council via Resolution No. 182-03 on September 2,2003; and WHEREAS, the Street Improvements for Fallon Road and Bent Tree Drive (Tract Developer Agreement 6 of 7) were completed and accepted by the City Council via Resolution No. 224-03 on November 18, 2003; and WHEREAS, the partial Fallon Road Landscape Improvements (Tract Developer Agreement 7 of 7), with the exception of Landscaping within the Stream Corridor (parcel D of Tract 7135 and Parcel B of Tract 7252), were completed and accepted by the City Council via Resolution No. 207-04 on October 19, 2004; and WHEREAS, the remaining Fallon Road Landscape Improvements within the Stream Corridor (Tract Developer Agreement 7 of 7), as guaranteed by a Decrease Rider for a Performance Bond and a Labor and Materials Bond, each in the amount of $1,015,850.00, are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the Director of Public Works; and WHEREAS, the original Decrease Rider for the Performance Bond and Labor and Materials Bond that guaranteed the Fallon Road Stream Corridor Landscape Improvements can be released in accordance Reso No. 176-06, Adopted 9/19/06, Item 4.6 Page 1 of2 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 Fallon Road Stream Corridor Landscape Improvements along the west side of Fallon Road between the Turnberry Drive/Golf Course and Gleason Drive are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Decrease Rider for the original Performance and Labor and Materials Bonds issued by The Continental Insurance Company (Bond No. 929208209) in the amount of $1,015,850.00 be released; and 3. The submitted Maintenance Bond issued by The Continental Insurance Company (Bond No. 929394621) in the amount of $253,963.00 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 (1 ;/ ~/f~P~ (' / Mayor v ATTES'{: , \ \ \ . ..\.-~ \ \ . ~:=--i Jj \~-~1~;~ Reso No. 176-06, Adopted 9/19/06, Item 4.6 Page 2 of2