Loading...
HomeMy WebLinkAboutReso 011-83 Tr4236 AI RESOLUTION NO. 11 - 83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN FOR THE ACCEPTANCE OF IMPROVEMENTS TRACT 4236 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: A. E. Realty Partners, a California General Partnership b. Tract location: Adjacent northeasterly to Hanson Drive, southwesterly adjacent to Amarillo Court and 200'+ northeasterly from Dublin Boulevard, Pleasanton TownshTp Tract size: 16.6+ acres containing 95 lots Resolution approving Final Map: 185510 (Alameda County) e. City streets affected: Shadow Drive, Shadow Place, Castle Drive, Betlen Drive, Kingston Place, Castle Court; and 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 $620,000 to a revised security requirement in the amount of $155,000 and the replacement performance bond in the said amount of $155,000 be and it is hereby accepted 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 quadruplicate on behalf of the said City of Dublin; and 3. That the said original performance bond in the amount of $620,000 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 14th day of March, 1983, by the following vote: AYES: Councilmembers Burton, Hegarty, Jeffery, Moffatt and Mayor Snyder ATTEST: NOES: None ABSENT: None City ~ l%~r k Mayor