Loading...
HomeMy WebLinkAboutReso 122-07 TR 7597 Accept Improv RESOLUTION NO. 122 - 07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS ASSOCIATED WITH TRACT 7597 (BRADDOCK AND LOGAN GROUP III, L. P.) WHEREAS, the developer of Tract 7597, filed June 27, 2006, in Book 291 for Parcel Maps at Pages 45-46, previously entered into an Improvement Agreement with the City of Dublin to improve said Parcel in accordance with plans and specifications on file with the Public Works Director, said Parcel identified as follows: a) Subdivider: b) Parcel Location: c) Parcel Size: d) Resolution Approving Agreement: e) City Streets Affected: Braddock and Logan Group III, L. P. Starward Drive 10 Single Family Lots No. 59-06, City of Dublin City Council None WHEREAS, the Street Improvements associated with Tract 7597 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 original improvement Performance Bond and Labor and Materials Bond that guaranteed the 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 original Performance Bond issued by Insurance Company of the West (Bond No. 2171474) for improvements in the amount of by $372,000.00 be released; and 3. The original Labor and Materials Bond issued by Insurance Company of the West (Bond No. 2171474) for improvements in the amount of by $372,000.00 be released; and 4. The submitted Maintenance Bond issued by Insurance Company of the West in the amount of $93,000.00 (Bond No. 2171474M) be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 17th day of July, 2008. 1 PASSED, APPROVED AND ADOPTED this 17th day of July, 2007. AYES: Councilmembers Hildenbrand, Oravetz, Sbranti, Scholz and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: G:CC-MTGSI7-17-07/Reso 122 7597 (Item 4.3) G:\DEVELOPMENT, PRIV A TBEnea-Starward Row\resoacpt_7597.doc 2