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HomeMy WebLinkAbout4.04 PM 8275 Reg Traffic Control Device until the BART garage replaces this parking. The Agreement provides for Phase 2 improvements to be completed one year after completion of the first phase of the BART garage. EAR, Inc., provided a Performance Bond, and a Labor and Materials Bond issued by International Fidelity Insurance Company in the amount of $208,800 for the Phase 1 improvements associated with Parcel Map . 8275. These bonds may now be released in accordance with the authority contained in 966499.7 of the Government Code. EAR, Inc., has provided a Warranty Bond issued by International Fidelity Insurance Company in the amount of $52,200 for the Phase 1 improvements associated with Parcel Map 8275. Staff recommends that the City Council adopt the resolution Accepting Phase 1 Improvements for Parcel Map 8275 and Approving Regulatory Traffic Control Devices for Campbell Lane. Page 2 of2 I~? RESOLUTION NO. - 07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PHASE 1 IMPROVEMENTS FOR PARCEL MAP 8275 AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES FOR CAMPBELL LANE WHEREAS, the Alameda County Surplus Property Authority, A Public Corporation, and EAR, Inc., the subdivider of Parcel Map 8275, filed on March 29, 2005, in Book 280, Series 2005121321 at Pages 71-72, previously entered into an Improvement Agreement with the City of Dublin dated March 15, 2005, Resolution 40-05, to complete required improvements for said Parcel Map in accordance with plans on file with the City Engineer; and WHEREAS, the Phase 1 improvements associated with Parcel Map 8275 are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, certain regulatory traffic control devices have been installed as part of these improvements; and WHEREAS, the Performance Bond, and the Labor and Materials Bond can be released, in accordance with authority contained in 966499.7 of the Government Code of the State of California, and replaced with a Warranty Bond to guarantee the completed work for a one-year period following acceptance; and WHEREAS, EAR, Inc., has provided a Warranty Bond to guarantee the improvements for a one- year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The Phase 1 improvements associated with Parcel Map 8275 are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by International Fidelity Insurance Company in the amount of $208,800 for the Phase 1 improvements associated with Parcel Map 8275 (Bond No. 0383235) be released; and 3. The original Labor and Materials Bond issued by International Fidelity Insurance Company in the amount of $208,800 for the Phase 1 improvements associated with Parcel Map 8275 (Bond No. 0383235) be released; and 4. The submitted Warranty Bond issued by International Fidelity Insurance Company in the amount of $52,200 for the Phase 1 improvements associated with Parcel Map 8275 (Bond No. 0383235) be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 2nd day of OctobJO:~~!D7__ '-/. tJ 1 ATTAUDIIENT ,. lOb' 5. The regulatory traffic control devices installed as part of the Phase 1 improvements associated with Parcel Map 8275 are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) Stop Sign and Right Turn Only northbound on Campbell Lane at Dublin Boulevard. b) Two hour parking limit between 7:00 AM and 6:00 PM on both sides of Campbell Lane. PASSED, APPROVED AND ADOPTED this 2nd day of October, 2007. YES: NOES: ABSENT: ABSTAIN: Janet Lockhart, Mayor ATTEST: City Clerk G:IDEVELOPMENT, PRIV ATEIDublin Transit CtrlEAH\Parcel Map 8275\Reso acpt imps.doc 2