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HomeMy WebLinkAboutReso 169-08 Rear Yard Landscape VeronaRESOLUTION NO. 169 - 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN PARTIAL RELEASE OF SECURITY FOR TRACT 7283, REAR YARD LANDSCAPING, VERONA WHEREAS, the subdivider of Tract 7283, Pulte Homes, filed on Apri126, 2005, in Book 281 of Maps at Pages 11-19, previously entered into an Improvement Agreement for Rear Yard Landscaping with the City of Dublin dated April 19, 2005, to improve said Tract in accordance with plans on file with the City Engineer (Resolution 60-OS); and WHEREAS, the rear yard landscaping improvements for Tract 7283 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. NOW, THEREFORE, BE IT RESOLVED that: 1. The Labor and Materials Bond issued by Continental Insurance Company in the amount of $195,500 (Bond No.929447890) be released; and 2. The original Performance Bond issued by Continental Insurance Company in the amount of $195,500 (Bond No.929447890) be released. PASSED, APPROVED AND ADOPTED this 16~' day of September, 2008, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz, and Sbranti, and Mayor Lockhart NOES: None ABSENT: Councilmember Scholz ABSTAIN: None ATT T: ~~ P City Clerk Reso 169-08, Adopted 9-16-08, Item 4.4 Page 1 of 1