HomeMy WebLinkAboutReso 007-83 Tr 4668 AI RESOLUTION NO. 7 - 83
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 4668
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: Santa Barbara Savings & Loan Association, a California
Corporation
b. Tract location: Southwesterly corner of the intersection of San Ramon
Road and the extension of Alcosta Boulevard adjacent to
and northerly of Tract 3733 providing for the extension
of Rhoda Avenue, Southwick Drive and the City of
Dublin.
c. Tract size: 87 lots on 26.47 acres
d. Resolution approving Final Map: 190413
e. City streets affected: Fenwick Way, Southwick Drive, Bloomington Way,
Putnam Court, Rhoda Place, Rhoda Avenue, Augusta
Court, San Ramon Road
WHEREAS, said improvements have been completed in accordance with
said plans and specifications, and any approved modifications thereof, to
the satisfaction of said Director of Public Works of the County and the City
Engineer; 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 $1,450,000 to a revised
security requirement in the amount of $362,500 and the replacement letter of
credit in the said amount of $362,500 be and it is hereby accepted as
security for the aforesaid one-year guarantee period.
3. That the said original performance bond in the amount of
$1,450,000 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 28th day of February, 1983, by
the following vote:
ATTEST:
AYES:
NOES:
ABSENT:
Councilmembers Burton, Hegarty, Jeffery, Moffatt
and Mayor Snyder.
None
None ~i~ ....