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HomeMy WebLinkAboutReso 49-10 Fallon Gateway Traffic DevicesRESOLUTION NO. 49 -10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* APPROVING ACCEPTANCE OF IMPROVEMENTS FOR FALLON GATEWAY, FALLON ROAD AND DUBLIN BOULEVARD - PHASE 1 IMPROVEMENTS, AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the Stanforth Holding Company, LLC, and Top Grade Construction, Inc., and the City of Dublin entered into an Improvement Agreement for Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements dated June 6, 2009, Resolution 82-09, to construct said roadway improvements in accordance with plans on file with the City Engineer; and WHEREAS, the improvements associated with Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; 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, Top Grade Construction, Inc., has provided a Warranty Bond to guarantee the improvements for a one-year period. NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements associated with Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by Travelers Casualty and Surety Company of America in the amount of $ 267,000.00 (Bond No. 105215585) for the improvements associated with the Improvement Agreement for Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements be released; and 3. The original Labor and Materials Bond issued by Travelers Casualty and Surety Company of America in the amount of $ 267,000.00 (Bond No. 105215585) for the improvements associated with the Improvement Agreement for Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements be released; and Page 1 of 2 4. The submitted Warranty Bond issued by Travelers Casualty and Surety Company of America in the amount of $67,000.00 for the improvements associated with Fallon Gateway, Fallon Road and Dublin Boulevard - Phase 1 Improvements (Bond No. 15215585) 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 5. 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 Anytime" traffic control devices have been installed on the west side of Fallon Road between Interstate I-580 and Dublin Boulevard. b) "Stop" traffic control devices have been installed on the easterly approach of Croak Road at Fallon Road. 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 /~./ -i ~.~._ _,~%~~.~ ATTEST: r ~~ P City Clerk Mayor Reso No.49-10, Adopted 5-4-10, Item 4.4 Page 2 of 2