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HomeMy WebLinkAboutReso 102-84 Tr 4802 ImprmtAccep RESOLUTION NO. 102- 84 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN FOR THE ACCEPTANCE OF IMPROVEMENTS TRACT 4802 WHEREAS, the owner-subdivider of the aforesaid tract previously entered into a contract with the County of Alameda to improve the said tract in accordance with plans and specifications on file with the Director of Public Works of the said County of Alameda, said tract identified as follows ~ a) Subdivider: Estate Homes of Northern California, Inc. b) Tract location: Southwesterly of Alcosta Boulevard and San Ramon Road c) Tract size: 84 Lots d) Resolution approving Final Map: No. 53-82, City Council of Dublin e) City streets affected: Southwick Drive, Bloomington Way, Norfolk Place, Royston Court, Becket Way, Bloomington Court, West Vomac Road, Southwick Court, and Waterford 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, as a condition of said contract, the 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; and WHEREAS, as the tract work is 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: 1. The improvements completed within the said tract be and they are hereby approved and accepted subject to the aforesaid one-year guarantee; 2. The aforesaid original performance bond security requirement be and it is hereby reduced from the amount of $1,100,000 to a revised security requirement in the amount of $275,000 and the replacement performance bond in the said amount of $275,000 be and it is hereby acgepted as security for the aforesaid one-year guarantee period, and the Mayor of this City Council be and he is hereby authorized and directed to execute the said bond in duplicate on behalf of the said City of Dublin; and 3. That the said original performance bond in the amount of $1,100,000 posted in connection with the work involved in the construction of the said tract be and it is hereby released in full. PASSED, APPROVED AND ADOPTED this 10th day of September, 1984. AYES: Councilmembers Hegarty, Jeffery, Moffatt, Vonheeder and Mayor Snyder NOES: None ABSENT:None ATTES :~'-/ ~. C. ~ lty Clerk ~