HomeMy WebLinkAboutReso 151-08 AccpImprvPM9185DublinHondaRESOLUTION NO.151- 08
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTANCE OF IMPROVEMENTS ASSOCIATED WITH PARCEL MAP 9185
(I~H INVESTMENTS, LLC)
AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES
WHEREAS, the developer of Parcel Map 9185, filed July 29, 2008, in Book 308 of Parcel Maps
at Pages 57 - 61, previously entered into an Improvement Agreement with the City of Dublin to improve
said Tract in accordance with plans and specifications on file with the Public Works Director, said Parcel
identified as follows:
a) Subdivider: KBH Investments, LLC (aka Dublin Honda)
b) Parcel Location: Southeast corner of Dublin Boulevard and Scarlett
Court
c) Parcel Size: 2 parcels: Parcel A (2.21 ac), Parcel B (5.50 ac)
d) Resolution Approving Agreement: No. 43-07, City of Dublin City Council
e) City Streets Affected: Dublin Boulevard and Scarlett Court
WHEREAS, the Street Improvements associated with Parcel Map 9185 are complete in
accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction
of the 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 aone-year period following acceptance.
NOW, THEREFORE, BE IT RESOLVED that:
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 have been installed on the south side of
Dublin Boulevard between Scarlett Court and a point 345 feet easterly to Parcel
boundary.
3. The original Performance Bond issued by Travelers Casualty and Surety Company of
America in the amount of $714,921.00 (Bond No. 104789114) for improvements be
released; and
Reso No. 151-08, Adopted 8/19/08, Item 4.4 Page 1 of 2
4. The original Payment Bond issued by Travelers Casualty and Surety Company of America
in the amount of $714,921.00 (Bond No. 104789114) for improvements be released; and
5. The original Performance Bond issued by Travelers Casualty and Surety Company of
America in the amount of $345,795.00 (Bond No.104859999) for Dublin Boulevard
improvements be released; and
6. The original Payment Bond issued by Travelers Casualty and Surety Company of America
in the amount of $345,795.00 (Bond No. 104859999) for Dublin Boulevard improvements
be released; and
7. The submitted Maintenance Bond cash security issued by Travelers Casualty and Surety
Company of America in the amount of $107,408.00 (Bond No. 104789114) be accepted as
security for the aforesaid one-year maintenance period, said period to commence on this
date and terminate on the 19th day of August, 2009.
PASSED, APPROVED AND ADOPTED this 19th day of August, 2008, by the following vote:
AYES: Councilmembers Hildenbrand, Oravetz, Sbranti, and Scholz and Mayor Lockhart
NOES: None
ABSENT: None
ABSTAIN: None
Mayor
ATTEST:
City Clerk
Reso No. 151-08, Adopted 8/19/08, Item 4.4 Page 2 of 2