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HomeMy WebLinkAboutReso 145-08 AccpImprvTr7283TrafContrDubRanch RESOLUTION NO. 145 - 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR TRACT 7283 AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, Pulte Home Corporation, the subdivider of Tract 7283, previously entered into an Improvement Agreement for Tract 7283 with the City of Dublin dated April 19, 2005, Resolution 60-05, to complete required improvements for said Tract in accordance with plans on file with the City Engineer; and WHEREAS, the improvements associated with Tract 7283 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 these 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, Pulte Home Corporation, has provided a Warranty Bond to guarantee the improvements for a one-year period. NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements associated with Tract 7283 are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by Arch Insurance Company in the amount of $4,009,000 for the improvements associated with Tract 7283 (Bond No. SU5009520) be released; and 3. The original Labor and Materials Bond issued by Arch Insurance Company in the amount of $4,009,000 for the improvements associated with Tract 7283 (Bond No. SU5009520) be released; and 4. The submitted Warranty Bond issued by Arch Insurance Company in the amount of $1,002,000 for the improvements associated with Tract 7283 (Bond No. SU5009520-A) be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 5th day of August, 2009. Reso No. 145-08, Adopted 8/5/08, Item 4.3 Page 1 of2 5. The regulatory traffic control devices installed as part of the improvements associated with Tract 7283 are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) Stop Sign westbound on Madden Way at Grafton Street. b) Stop Sign southbound on Shapleigh Place at Madden Way. c) Stop Sign northbound on Jenkins Place at Madden Way. d) Stop Sign eastbound on Ridgefield Way at Madden Way. e) Stop Sign westbound on Ridgefield Court at Madden Way. t) Four-way stop signs at the Madden Way and Bradford Court! Bradford Lane intersection. g) No Parking on both sides of Madden Way between Grafton Street and Shapleigh Place/ Jenkins Place. h) No Parking on both sides of Madden Way at the mid block island. i) No Parking on both sides of Ridgefield Way at the mid block island. j) No Parking on both sides of Madden Way between Gleason Drive and Ridgefield Way / Ridgefield Court. k) Traffic signal at the Gleason Drive and Madden Way/Lockhart Street intersection. PASSED, APPROVED AND ADOPTED this 5th day of August, 2008, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz, Sbranti, and Scholz and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: [ GAAl ,fW City Clerk Reso No. 145-08, Adopted 8/5/08, Item 4.3 Page 2 of2