HomeMy WebLinkAboutReso 144-08 Grafton Stat Improv
RESOLUTION NO. 144 - 08
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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ACCEPTANCE OF IMP OVEMENTS FOR GRAFTON STATION
PHASE 1 - DUBLIN B ULEV ARD AND GRAFTON STREET
WHEREAS, the Stanforth Hold ng Company, LLC, and the Whiting-Turner Contracting
Company entered into an Improvement Ag eement with the City of Dublin on July 17, 2007, to construct
certain roadway improvements to serve ase 1 of the Grafton Station commercial center project, in
accordance with the approved plans; and
WHEREAS, the improvements associated with the Grafton Station, Phase 1 project, are complete
in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City
Engineer; 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 Maintenance Bond to guarantee the completed work for a one-year period following
acceptance; and
WHEREAS, the Whiting-Turner Contracting Company has provided a Warranty Bond to
guarantee the completed public portion of the work for a one-year period.
NOW, THEREFORE, BE IT RESOLVED that:
1. The improvements completed with said project are hereby approved and those
improvements within the public right of way are 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$I,119,000 (Bond No. 8894956) be released; and
3. The original Labor and Materials Bond issued by Fidelity and Deposit Company of
Maryland in the amount of$I,119,000 (Bond No. 8894956) be released; and
4. The submitted Warranty Bond issued by Fidelity and Deposit Company of Maryland (Bond
No. 8894956) in the amount of $137,000 be accepted as security for those improvements
within the public right of way 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. 144-08, Adopted 8/5/08, Item 4.2
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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:
QctL'PW
City Clerk
Reso No. 144-08, Adopted 8/5/08, Item 4.2
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