HomeMy WebLinkAboutReso 176-08 Devany SquareRESOLUTION NO.176 - 08
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING IMPROVEMENTS TO DEVANY SQUARE
(FORMALLY AREA G NEIGHBORHOOD SQUARE)
WHEREAS, Va1leyCrest Landscape Development entered into a contract with the City of Dublin
to complete the construction of Devany Square (Formally Area G Neighborhood Square) in accordance
with plans and specifications on file with the City Engineer; and
WHEREAS, said improvements have been completed in accordance with said plans and
specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City
of Dublin; and
WHEREAS, as a condition of said contract, Va1leyCrest Landscape Development is required to
guarantee the improvements for a period of one year following acceptance of the work by the said City of
Dublin; and
WHEREAS, as improvements are now completed, and the original performance bond security
requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the
Government Code of the State of California, to an amount found necessary to guarantee maintenance of the
completed work for the aforesaid one-year period.
NOW, THEREFORE BE IT RESOLVED that:
1. The improvements are completed per plans and specifications except for minor punch list
items, and the City Manager has the authority to approve and accept the improvements upon
completion of the remaining punch list items subject to the aforesaid one-year guarantee; and
2. Upon approval and acceptance by the City Manager, the aforesaid performance bond security
requirement may be reduced from the amount of $1,063,154 to the amount of $106,315 upon
acceptance by Staff of the replacement maintenance bond as security for the aforesaid one-year
maintenance period; and
3. Upon approval and acceptance by the City Manager, the said original performance bond in the
amount of $1,063,154 posted in connection with the work involved in the construction of said
Facility is hereby released upon acceptance of said maintenance bond.
PASSED, APPROVED AND ADOPTED this 16th day of September, 2008, by the following vote:
AYES: Councilmembers Hildenbrand, Oravetz, and Sbranti, and Mayor Lockhart
NOES: None
ABSENT: Councilmember Scholz
ABSTAIN: None
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Mayor
ATTES .
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City Clerk
Reso No. 176-08, Adopted 9-16-08, Item 4.12 Page 1 of 1