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HomeMy WebLinkAboutReso 207-99 AI Tr 5766 HansenRESOLUTION NO. 207 - 99 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 5766 (HANSEN HILL, PHASE I) AND APPROVING REGULATORY TRAFFIC DEVICES INSTALLED AS TRACT IMPROVEMENTS WHEREAS, the owner-subdivider of the aforesaid Tract previously entered into a contract with the City of Dublin to improve said Tract in accordance wkh plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider: Warmington Homes b) Tract Location: West of Silvergate Drive, North of Hansen Drive c) Tract Size: 72 Single-Family Lots d) Resolution Approving Final Map: No. 110-95, City Council of Dublin e) City Streets Affected: Bay Laurel Street, Bay Laurel Court, Buckeye Court, Inspiration Drive, Inspiration Circle, Meadow Court 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, the developer has installed certain traffic regulatory devices as a part of the Tract improvements; and WHEREAS, as a condition of said contract, subdivider is required to guarantee the improvements and to maintain the completed work for a period of one year following acceptance of the work by the said City of Dublin; WHEREAS, as improvements are now completed, 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: The improvements completed within the said Tract be, and they are hereby approved and accepted subject to the aforesaid one-year guarantee; and o The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, which regulatory devices are as follows: A. Bay Laurel Street and Inspiration Drive are designated as "Through Streets." (Traffic Code Chapter 6.08) B. Stop sign on Bay Laurel Street at the intersection of Inspiration Circle (Traffic Code Chapter 6.16) C. Stop signs on Bay Laurel Street at the intersections of Bay Laurel Court and Buckeye Court (Traffic Code Chapter 6.16) D. A No Parking Zone on the south side of Bay Laurel Street between Bay Laurel Court and Silvergate Drive (Traffic Code Chapter 6.28) E. A No Parking Zone for the entire length of Inspiration Drive (Traffic Code Chapter 6.28); and o The aforesaid original performance bond security requirement be reduced from the amount of $4,000,000 to a revised security requirement in the amount of $1,000,000, upon acceptance by Staff of the replacement maintenance bond in the said amount of $1,000,000 as security for the aforesaid one-year period, and the Mayor of this City Council be, and is hereby authorized and directed to execute the said bond on behalf of the said City of Dublin; and The said original performance bond in the amount of $4,000,000 posted in connection with the work involved in the construction of said Tract be hereby released upon acceptance of said maintenance bond. PASSED, APPROVED AND ADOPTED this 16th day of November, 1999. AYES: Counciimembers Howard and McCormick and Mayor Pro Tempore Lockhart NOES: None ABSENT: Councilmember Zika and Mayor Houston ABSTAIN: None ATTEST:,_]__~ , i- k~ ?? ~lerkx'- K2/G/l l-16-99/reso-tract5 766-ai. doc - '- May0~ Pro TemPore g : develop~hansen \resoa cpt5 7 66