HomeMy WebLinkAboutReso 95-10 Cenral Pkwy Accp ImprovRESOLUTION NO. 95 - 10
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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ACCEPTANCE OF IMPROVEMENTS FOR TRAFFIC SIGNAL
AT CENTRAL PARKWAY AND FALLON ROAD
WHEREAS, the Lin Famity and the Sierra Land Development Corporation entered into
an improvement Agreement with the City of Dublin on June 21, 2005, to construct roadway
improvements for Central Parkway - Lockhart Street to Falion Road and Failon Road - Central
Parkway to Bent Tree Drive, including traffic signals on Central Parkway at Lockhart Street and
at Fallon Road, in accordance with the approved plans; and
WHEREAS, the roadway improvements associated with Central Parkway - Lockhart
Street to Fallon Road and Fallon Road - Central Parkway to Bent Tree Drive, and the traffic
signal improvements for the Central Parkway/Lockhart Street intersection were accepted by the
City Council on November 21, 2006 with Resolution No. 218-06; and
WHEREAS, the improvements for the traffic signal at Central Parkway/Fallon Road were
not fully completed at the request of the City; and
WHEREAS, Sierra Land Development Corporation Performance Bond provided
Performance Bond and Labor & Materials Bond issued by Developers Surety and Indemnity
Company dated June 1, 2005 (Bond No. 720007S) in the amount of $310,000.00 for the traffic
signal improvements. These bonds were reduced to an amount of $80,000.00 on April 1, 2008
by Resolution No. 49-08; and
WHEREAS, the traffic signals improvements for the Central Parkway/Fallon Road
intersection are now complete in accordance with said plans, and any approved modifications
thereto, to the satisfaction of the City Engineer; and
WHEREAS, the PerFormance Bond, and the Labor and Materials Bond can be partially
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:
1. The improvements associated with the traffic signal at Central Parkway and Fallon
Road are hereby approved and accepted subject to a one-year guarantee period;
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:
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a) Traffic signal at the intersection of Central Parkway and Fallon Road.
b) "No Parking Anytime" traffic control devices on the north side of Central
Parkway from Lockhart Street to a point 305' east of the easterly curbline of
Lockhart Street.
c) "No Parking Anytime" traffic control devices on the north side of Central
Parkway from a point 740' east of the easterly curbline of Lockhart Street
easterly a distance of 60'.
d) "No Parking Anytime" traffic control devices on the north side of Central
Parkway from Fallon Road to a point 455' feet west of the westerly curbline of
Fallon Road
e) "No Parking Anytime" traffic control devices on the south side of Central
Parkway between Lockhart Street and Fallon Road.
3. The original Performance Bond issued by Developers Surety and Indemnity
Company dated June 1, 2005 (Bond No. 720007S) in the amount of $310,000.00
(reduced to $80,000.00) for the traffic signal improvements at Central Parkway &
Fallon Road be released; and
4. The Labor and Materials Bond issued by Developers Surety and Indemnity
Company dated June 1, 2005 (Bond No. 720007S) in the amount of $310,000.00
(reduced to $80,000.00) for the traffic signal improvements at Central Parkway &
Fallon Road be released; and
5. The submitted Warranty Bond issued by Developers Surety and Indemnity
Company in the amount of $37,500.00 (Exhibit A to the Resolution) for the
improvements associated with the traffic signal improvements at Central Parkway
& Fallon Road (Bond No. 720007M) be accepted as security for the aforesaid
one-year warranty period, said period to commence on this date and terminate on
the 22nd day of June, 2011.
PASSED, APPROVED AND ADOPTED this 22nd day of June, 2010, by the following
vote:
YES: Councilmembers Biddle, Hart, Hildenbrand, Scholz, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None
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Mayor
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Reso No. 95-10, Adopted 6-22-10, Item 4.11 Page 2 of 2