HomeMy WebLinkAboutReso 51-10 Fallon Rd Traffic DevicesRESOLUTION NO. 51 -10
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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ACCEPT OF IMPROVEMENTS FOR FALLON ROAD NORTH AND APPROVING
REGULATORY TRAFFIC CONTROL DEVICES
WHEREAS, the Lin Family and the City of Dublin entered into an Improvement
Agreement for Fallon Road North dated February 6, 2001, Resolution 9-01, to construct said
roadway improvements in accordance with plans on file with the City Engineer; and
WHEREAS, the Improvement Agreement for Fallon Road North was amended on
January 20, 2004, by Resolution 14-04, to include Sierra Land Development Corporation as a
Party to the Agreement; and
WHEREAS, the improvements associated with Fallon Road North are complete in
accordance with said plans, and any approved modifications thereto, except for the median
opening opposite the golf course driveway, to the satisfaction of the City Engineer; and
WHEREAS, the median opening opposite the golf course driveway cannot be completed
until the Fallon Road improvements to the north are completed by others; and
WHEREAS, certain regulatory traffic control devices have been installed as part of these
improvements; and
WHEREAS, the Performance Bond, and the 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, and replaced with a Warranty Bond to guarantee the completed work for a one-year
period following acceptance; and
WHEREAS, Sierra Land Development Corporation has provided Warranty Bonds to
guarantee the improvements for a one-year period; and
WHEREAS, the Lin Family has deposited $20,000 with the City in fulfillment of their
obligation to close the median opening opposite the golf course maintenance yard driveway.
NOW, THEREFORE, BE IT RESOLVED that:
The improvements associated with Fallon Road North are hereby approved and
accepted subject to a one-year guarantee period; and
2. The original Performance Bond issued by Developers Surety and Indemnity
Company in the amount of $3,152,106.00 for the Phase 1 improvements
associated with Fallon Road North (Bond No. 555004S) be released; and
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3. The original Labor and Materials Bond issued by Developers Surety and
Indemnity Company in the amount of $3,152,106.00 for the Phase 1
improvements associated with Fallon Road North (Bond No. 555004S) be
released; and
4. The original Performance Bond issued by Developers Surety and Indemnity
Company in the amount of $165,948.00 for the Phase 2 improvements associated
with Fallon Road North (Bond No. 555001 S) be released; and
5. The original Labor and Materials Bond issued by Developers Surety and
Indemnity Company in the amount of $165,948.00 for the Phase 2 improvements
associated with Fallon Road North (Bond No. 555001 S) be released; and
6. The original PerFormance Bond issued by Developers Surety and Indemnity
Company in the amount of $20,400.00 for the Phase 2 grading associated with
Fallon Road North (Bond No. 555000S) be released; and
7. The original Labor and Materials Bond issued by Developers Surety and
Indemnity Company in the amount of $20,400.00 for the Phase 2 grading
associated with Fallon Road North (Bond No. 555000S) be released; and
8. The submitted Warranty Bond issued by Developers Surety and Indemnity
Company in the amount of $788,000.00 for the Phase 1 improvements associated
with Fallon Road North (Bond No. 555004S) be accepted as security for the
aforesaid one-year warranty period, said period to commence on this date and
terminate on the 4th day of May, 2011; and
9. The submitted Warranty Bond issued by Developers Surety and Indemnity
Company in the amount of $41,000.00 for the Phase 2 improvements associated
with Fallon Road North (Bond No. 555001 S) be accepted as security for the
aforesaid one-year warranty period, said period to commence on this date and
terminate on the 4th day of May, 2011; and
10. The submitted Warranty Bond issued by Developers Surety and Indemnity
Company in the amount of $5,000.00 for the Phase 2 grading associated with
Fallon Road North (Bond No. 555000S) be accepted as security for the aforesaid
one-year warranty period, said period to commence on this date and terminate on
the 4th day of May, 2011; and
11. The $20,000 deposit provided to the City by the Lin Family be accepted as
fulfillment of their obligation to close the median opening opposite the golf course
maintenance yard driveway. The City shall return to the Lin Family any portion of
the $20,000 deposit not needed to complete the closure; and
12. 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:
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a) "No Parking Anytime" traffic control devices have been installed on both sides
of Fallon Road befinreen Signal Hill Drive and the northerly boundary of Dublin
Ranch.
PASSED, APPROVED AND ADOPTED this 4th day of May, 2010, by the following vote:
YES: Councilmembers Biddle, Hart, Scholz, and Mayor Sbranti
NOES: None
ABSENT: Councilmember Hildenbrand
ABSTAIN: None
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Mayor
ATTEST•
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City Clerk
Reso No. 51-10, Adopted 5-4-10, Item 4.6 Page 3 of 3