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HomeMy WebLinkAboutReso 61-09 Shannon Accept WorkRESOLUTION N0.61-09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF WORK -CONTRACT N0.07-02, SHANNON COMMUNITY CENTER PROJECT WHEREAS, Sierra Bay Contractors entered into a contract with the City of Dublin to complete the construction of the Shannon Community Center in accordance with plans and specifications on file with the City Engineer; and WHEREAS, said improvements have been completed in accordance with said plans and specifications, and any approved modifications thereof, with the exception of remediation of minor items, to the satisfaction of said City Engineer of the City of Dublin; and WEAREAS, as a condition of said contract, Sierra Bay Contractors is required to guarantee the improvements for a period of one year following acceptance of the work by the said City of Dublin; and WHEREAS, as improvements are now completed, and 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 are completed per plans and specifications except for minor punch list items,. and the City Manager has the authority to approve and accept the improvements upon completion of the remaining punch list items subject to the aforesaid one-year guarantee; and 2. Upon approval and acceptance by the City Manager, the aforesaid performance bond security requirement may be reduced from the amount of $8,572,322 to the amount of $899,477 upon acceptance by Staff of the replacement maintenance bond as security for the aforesaid one-year maintenance period; and 3. Upon approval and acceptance'by the City Manager, the said original performance bond in the amount of $8,572,322 posted in connection with the work involved in the construction of said Facility is hereby released upon acceptance of said maintenance bond. PASSED, APPROVED AND ADOPTED this 19th day of May 2009, by the following vote: AYES: Councilmembers Biddle, Hart, Hildenbrand, Scholz, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None ~.J M~ Mayor ATTES c.~ (~ / ~~ L}1~ City Clerk Reso No. 61-09, Adopted 5-19-09, Item 4.7 Page 1 of 1