Loading...
HomeMy WebLinkAboutReso 145-07 Silvera Rch Tr 7441 Accpt Improv RESOLUTION NO. 145 - 07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS ASSOCIATED WITH TRACT 7441, PHASE 1- SILVERA RANCH (PFEIFFER RANCH INVESTORS II, INC.) AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the developer of Tract 7441, filed March 11, 2006, in Book 279 for Parcel Maps at Pages 68-82, 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: Pfeiffer Ranch Investors II, Inc. East of Tassajara Road 35 Single Family Lots, 28 Single Family Cluster Lots No. 29-06, City of Dublin City Council Branding Iron Court, Silvera Ranch Drive, and Tassajara Road WHEREAS, the Street Improvements associated with Tract 7441 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of th~ Public Works Director; and WHEREAS, the original improvement Performance Bonds and Labor and Materials Bonds 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 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) "No Parking Anytime" traffic control devices installed on . both sides of Silvera Ranch Drive between Tassajara Road and a point extending 350 feet easterly of Tassajara Road. . east side of Tassajara Road between Silvera Ranch Drive and a point extending 770 feet northerly of Tassajara Road. . both sides of Branding Iron Court between Silvera Ranch Drive and a point extending 50 feet northerly of Silvera Ranch Drive. . both sides of Branding Iron Court at the cul-de-sac. Reso No. 145-07, Adopted 8/7/07, Item 4.7 Page 1 of2 b) Stop control devices installed on the southerly approach of Branding Iron Court at Silvera Ranch Drive; and 3. The original Performance Bond issued by Developers Surety and Indemnity Company in the amount of $1,705,617.00 (Bond No. 868815S) for Grading be released; and 4. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company in the amount of $1,705,617.00 (Bond No. 868815S) for Grading be released; and 5. The original Performance Bond issued by Developers Surety and Indemnity Company in the amount of $1,788,006.00 (Bond No. 869574S) for Phase 1 Improvements be released; and 6. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company in the amount of $1,788,006.00 (Bond No. 869574S) for Phase 1 Improvements be released; and 7. The original Performance Bond issued by Developers Surety and Indemnity Company in the amount of $3 10,433.00 (Bond No. 869575S) for Landscaping be released; and 8. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company in the amount of$3IO,433.00 (Bond No. 869575S) for Landscaping be released; and 9. The submitted Maintenance Bond cash security issued by Developers Surety and Indemnity Company in the amount of $951,014.00 (Bond No. 869574S) be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 7th day of August, 2008. PASSED, APPROVED AND ADOPTED this 7th day of August, 2007, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz, Sbranti, Scholz and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: ~~~~~ Ihterim City Clerk Reso No. 145-07, Adopted 8/7/07, Item 4.7 Page 2 of2