HomeMy WebLinkAboutReso 177-07 AccpImprvTr7641Sorrento@DubRanch
RESOLUTION NO. 177 - 07
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
*********
ACCEPTING IMPROVEMENTS AND APPROVING REGULATORY TRAFFIC CONTROL
DEVICES FOR CENTRAL P ARKW A Y AND BRANNIGAN STREET, AND PARTIAL
RELEASE OF SECURITY FOR TRACT 7641, SORRENTO AT DUBLIN RANCH (WEST)
WHEREAS, the subdivider of Tract 7641, Sorrento at Dublin Ranch I, LP, a California Limited
Partnership, filed on May 30, 2006, in Book 291 of Maps at Pages 26-26, previously entered into a Tract
Improvement Agreement with the City of Dublin dated April 4, 2006, Resolution 35-06, to improve said
Tract in accordance with plans on file with the City Engineer; and
WHEREAS, the roadway improvements, excluding landscaping, associated with Central Parkway
northern frontage between Brannigan Street and Lockhart Street, and Brannigan Street between Central
Parkway and Gleason Drive, including the traffic signal modifications at the Central ParkwayIBrannigan
Street intersection, are 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 the Central
Parkway and Brannigan Street improvements; and
WHEREAS, the Performance Bond, and the Labor and Materials Bond 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 Warranty Bond to guarantee the completed work for a one-year period following
acceptance; and
WHEREAS, Sorrento at Dublin Ranch I, LP, has provided Warranty Bonds to guarantee the
Central Parkway and Brannigan Street improvements for a one-year period; and
WHEREAS, the remaining improvements for Tract 7641 are more than 80% complete; and
WHEREAS, the Performance Bond, and the Labor and Materials Bond can be partially released,
in accordance with the authority contained in ~66499. 7 of the Government Code of the State of California.
NOW, THEREFORE, BE IT RESOLVED that:
1. The Central Parkway and Brannigan Street improvements completed with said project are
hereby approved and accepted subject to a one-year guarantee period; and
2. The original Performance Bond issued by Fidelity and Deposit Company of Maryland in
the amount of $580,000 for the Central Parkway improvements (Bond No. 08824010) be
released; and
3. The original Labor and Materials Bond issued by Fidelity and Deposit Company of
Maryland in the amount of $580,000 for the Central Parkway improvements (Bond No.
08824010) be released; and
Reso No. 177-07, Adopted 10/02/07, Item 4.3
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4. The submitted Warranty Bond issued by Fidelity and Deposit Company of Maryland in the
amount of $145,000 for the Central Parkway improvements (Bond No. 0882401OM) 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 October, 2008.
5. The original Labor and Materials Bond issued by Arch Insurance Company in the amount
of $2,874,000 for the tract improvements (Bond No. SU5018923) be reduced to an amount
of $643,000; and
6. The original Performance Bond issued by Arch Insurance Company in the amount of
$2,874,000 for the tract improvements (Bond No. SU5018923) be reduced to an amount of
$643,000; and
7. The submitted Warranty Bond issued by Arch Insurance Company in the amount of
$76,000 for the Brannigan Street improvements (Bond No. SU5018923A) 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 October, 2008.
8. The regulatory traffic control devices installed as part of the Central Parkway and
Brannigan Street improvements are hereby included in the City of Dublin Traffic Code,
said regulatory devices to include the following:
a) Traffic signal control at the intersection of Brannigan Street/Gleason Drive and
Brannigan Street/Central Parkway.
b) No parking on the west side of Brannigan Street between Central Parkway and
Gleason Drive
c) No parking on the east side of Brannigan Street for 150 feet north of Central
Parkway and for 150 feet south of Gleason Drive
d) Traffic signal control at the intersections of Central Parkway/Grafton Street and
Central ParkwayIMontalcino Street.
e) No parking on the north side of Central Parkway for 300 feet east of Brannigan
Street, Montalcino Street, Grafton Street and Keegan Street.
PASSED, APPROVED AND ADOPTED this 2nd day of October, 2007, by the following vote:
AYES:
Councilmembers Hildenbrand, Oravetz and Sbranti, and Mayor Lockhart
NOES:
None
ABSENT:
Councilmember Scholz
ABSTAIN: None
~
Mayor
AC~{r~ft
Deputy City Clerk
Reso No. 177-07, Adopted 10/02/07, Item 4.3
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