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HomeMy WebLinkAboutReso 37-09 PM 7125 Accpt ImprovRESOLUTION NO. 37- 09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF IMPROVEMENTS FOR PARCEL MAP 7125 (VILLAS APARTMENTS AT SANTA RITA) AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Parcel Map 7125, filed on October 29, 1998, in Book 243 of Maps at Pages 7 - 10, previously entered into a Tract Developer Agreement with the City of Dublin to improve said Parcel Map in accordance with plans and specifications on file with the City Engineer, said Parcel Map identified as follows: a) Subdivider:.. b) Parcel Map Location: c) Parcel Map Size: d) Resolution Approving Agreement: e) City Streets Affected: Security Pacific Corporation North of Dublin Boulevard, West of Hacienda Drive, South of Central Parkway and East of Hibernia Drive 324 Apartment units on 14.013 acres No. 18-98, City of Dublin City Council Tassajara Road, Dublin Boulevard, Central Parkway, Hacienda Drive and Hibernia Drive WHEREAS, the improvements associated with Parcel Map 7125 are complete in accordance with said plans and specifications, and any approved modifications thereto, o the satisfaction of the Public Works Director; and WHEREAS, the developer has installed certain regulatory traffic control devices as a part of the Parcel Map improvements; and WHEREAS, the original Performance Bond and 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: The improvements completed within said Parcel Map are hereby approved and accepted; and 2. The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) No parking restrictions have been installed on: • Dublin Boulevard (north side) between Hacienda Drive and Hibernia Drive; • Central Parkway (south side) between Hacienda Drive and Hibernia Drive except at parking bays; • Hacienda Drive (east side) between Dublin Boulevard and Central Parkway; and • Hibernia Drive (west side) from Dublin Boulevard to a point 500' north of Dublin Boulevard; and Page 1 of Z 3. The original Performance Bond issued by United Pacific Insurance Company (Bond No. U2804048) in the amount of $892,814.00 be released; and 4. The original Payment Bond issued by United Pacific Insurance Company (Bond No. U2804048) in the amount of $446,407.00 be released; and 5. The original Performance Bond Rider issued by United Pacific Insurance Company (Bond No. U2804048) in the amount of $1,177,814.00 be released; and 6. The original Payment Bond Rider issued by United Pacific Insurance Company (Bond No. U2804048) in the amount of $589,006.00 be released; and 7. The original Surety Bond Rider issued by Travelers Casualty and Surety Company of America (Bond No. 008 S 103519130 BCM) in the amount of $1,177,814.00 be released. PASSED, APPROVED AND ADOPTED this 7th day of April, 2009, by the following vote: AYES: Councilmembers, Biddle, Hildenbrand, Scholz, and Mayor Sbranti NOES: None ABSENT: Councilmember Hart ABSTAIN: None ~ ~~~. Mayor ATTEST: ~r / City Clerk Reso No. 37-09, Adopted 4-7-09, Item 4.6 Page 2 of 2