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Home My WebLink About4.4 Positano Tr 7854 Accpt Improv~~~~ Off' nU~~~ /ii ~ 111 L~~ - ~ ~~~ DATE: TO: FROM: STAFF REPORT CITY COUNCIL CITY CLERK File #600-60 January 17, 2012 Honorable Mayor and City Councilmembers ~~ Joni Pattillo, City Manager ° ~' SUBJECT: Acceptance of In-Tract Improvements for Tract 7854, Neighborhood "B", Positano/ Fallon Village (Braddock and Logan) and Approval of Regulatory Traffic Control Devices Prepared by Mark Lander, City Engineer EXECUTIVE SUMMARY: Braddock and Logan Services, Inc., dba Braddock and Logan Group II, L.P., has constructed the tract improvements for Tract 7854, Neighborhood "B", Positano/ Fallon Village in accordance with the Improvement Agreement for Tract 7854. It is now appropriate for the City to accept these improvements and approve the regulatory traffic control devices. FINANCIAL IMPACT: Braddock and Logan has provided warranty bonds (Bond No. 227 43 63A, in the amount of $962,120 and Bond No. 227 43 64A, in the amount of $244,310), issued by Insurance Company of the West, to guarantee for one year the improvements associated with Tract 7854. Braddock and Logan has also provided a performance bond and a labor and materials Bond, each in the amount of $187,960 (Bond No. 724224S, provided by Developers Insurance and Indemnity Company, to guarantee completion of landscaping in the Neighborhood "B" stormwater quality pond, The City will incur annualized maintenance costs for these improvements, estimated to be $62,000 for landscaping, street sweeping, and street lighting (monthly), slurry seal (every five years) and asphalt concrete pavement overlay (every 20 years). RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Accepting Improvements for Tract 7854 and Approving Regulatory Traffic Control Devices. ~. ~.~ ~...ti _..~~.~. Submitted By Director of Public Works ~, Reviewed By Assistant City Manager Page 1 of 3 ITEM NO. 4.4 DESCRIPTION: Braddock and Logan Services, Inc., dba Braddock and Logan Group II, L. P., entered into an Improvement Agreement with the City of Dublin on April 15, 2008, for the construction of street and other tract improvements associated with Tract 7854, also known as Neighborhood "B" of the Positano development within the area covered by the Fallon Village Specific Plan. These improvements included the internal streets for Neighborhood "B" as well as rough grading for the 5-acre neighborhood park site and construction of a bio-retention pond for stormwater treatment. (Attachment 1). Braddock and Logan Group I I, L. P. provided performance bonds and labor and materials bonds to guarantee construction of the improvements as outlined below: PERFORMANCE LABOR & IMPROVEMENTS AMOUNT / MATERIALS STATUS (BOND #) AMOUNT / (BOND #) Internal Streets $962,210 $962,210 To Be For Neighborhood "B", Phase I (227-43-63) (227-43-63) Released Internal Streets $244,310 $244,310 To Be For Neighborhood "B", Phase II (227-43-64) (227-43-64) Released The tract improvements (Phase I and II) are now complete (with the exception of landscaping within the stormwater quality pond), and the developer is requesting that the bonds for this work be released. Braddock and Logan has provided warranty bonds, for each phase, in the amount of $962,120 (Bond No. 227 43 63A) and $244,310 (Bond No. 227 43 64A) by the Insurance Company of the West. The bonds are in the amount of 25% of the full cost of completion of the improvements ($4,826,080). The existing performance bonds were taken in the amount of $1,206,520 because the in-tract work was approximately 75% complete at the time the Tract 7854 map was filed and there was no need for the developer to post bonds for 100% of the cost of the work. For this reason, the performance bond and labor and materials bond is equal to the value of the warranty bond. The developer has also provided a performance bond and a labor and materials bond, each in the amount of $187,960 (Bond No. 724224S), by the Developers Insuracne and Indemnity Company, to cover the cost of completing the landscaping within the Neighborhood "B" stormwater quality pond. The pond is currently being used to provide sediment control for construction in Neighborhoods C, D, and E, and it is not currently practical to install the landscaping located in the floor of the pond. The bond will ensure completion of the landscaping prior to the pond being turned over to the Fallon Village Geologic Hazard Abatement District for maintenance. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: Page 2 of 3 A. STOP signs and markings have been installed at the following intersections: • La Strada Drive and Forino Drive • La Strada Drive and Montiano Lane • Salerno Drive and Vannucci Way • Salerno Drive and Forino Drive • Vannucci Way and Cerreto Street • Cerreto Street and Montelena Court • Cerreto Street and Palatino Court • Cerreto Street and Forino Court • Forino Drive and Montiano Lane • Forino Drive and Cantalise Drive • Cantalise Drive and Montiano Lane • Montiano Lane and Vannucci Way • Montiano Lane and Lorenzo Court NOTICING REQUIREMENTS/PUBLIC OUTREACH: A copy of this staff report has been sent to Braddock and Logan. ATTACHMENTS: 1. Reduced Copy of Tract 7854 2. Resolution for the Acceptance of In-Tract Improvements for Tract 7854 and Approval of Regulatory Traffic Control Devices Page 3 of 3 ~~~~ ~ ~ K ~~ ~ ~~ ~ I ~' 1 I 7 ~ ~~ wo ~g~ ~~~~~~~~~~ ~~~ E ~~~~ w ~~~~ _~~~~~~~~~ ~~~~~ ~~x~ ~~~~ aeiiteee~e ~~~ ~ ~ ~ ~~el$~~f ~ ~ ~ ~5~ 6 ~ ~~ ~~ ~ ~ ~~ ~ ~~x~~~a~~~~~~~~ d~~~m~~~ ~ ~~ ~ p~ =~ ~~~ F ~~~~~~~ ~ i ~j 8 p~I'~Q m ~A~p~f y ~Y .JAS Sk~ •i ~~~~~ ~ ~~ y} 6 ~~ ~ F ~~ ~ ~~ iC ' QK ~~/! ~ ti tly ~~'` -Y ~ s ~., `~~F ~i ~ ~ +~~ .~ by `~~ "`~ ~ o ~~ ~~! ~ !~ tl ~_ $ ~~~~~~~~ b sZ i 9 0 ~ ~ ~ ~ ~~~di ~ n a ~ ~ ~ ~~ 9 ~ ~ ~ ~ ~ 4 ~ ~ ~ Y g~ ~~¢ L ~ r+~ ~r~'~~ ~~#~~4 $ ~~ $ R ~ RESOLUTION NO. - 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF IN-TRACT IMPROVEMENTS FOR TRACT 7854, NEIGHBORHOOD "B ", POSITANO/ FALCON VILLAGE (BRADDOCK AND LOGAN) AND APPROVAL OF REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, Braddock and Logan Group II, L. P., the developer of Tract 7854, previously entered into an Improvement Agreement dated April 15, 2008, Resolution No. 56-08, with the City of Dublin, to complete in-tract improvements associated with Tract 7854, in accordance with plans on file with the City Engineer; and WHEREAS, the developer provided a performance bonds and a labor and materials bonds, each in the amount of $ $962,120 for Phase 1 Improvements and $244,310 for Phase 2 improvements, to guarantee the installation of these improvements; and WHEREAS, the improvements are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer, and WHEREAS, the performance bond and labor and materials bond can be released, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, "Manner of Release of the Security," and replaced with a warranty bond to guarantee the completed work for cone-year period; and WHEREAS, Braddock and Logan Group II, L. P., has provided warranty bonds in the amount of $1,206,430 issued by Insurance Company of the West (Bond No, 227 43 63A and Bond No. 227 43 64A) to guarantee the improvements for cone-year period; and WHEREAS, Braddock and Logan Group II, L. P., has provided a performance bond and labor and materials bond, each in the amount of $187,960 issued by the Developers Insurance and Indemnity Company (Bond No. 724224S), to guarantee completion of landscaping in the Neighborhood "B" stormwater quality pond; NOW, THEREFORE, BE IT RESOLVED that: 1. The in-tract improvements for Tract 7854, are hereby approved and accepted subject to a one-year guarantee period. 2. The original Performance Bond issued by Insurance Company of the West (Bond No. 227 43 63) in the amount of $962,210 for the improvements be released. 3. The original Labor and Material Bond issued by Insurance Company of the West (Bond No. 227 43 63) in the amount of $962,210 for the improvements be released. 1 4. The original Performance Bond issued by Insurance Company of the West (Bond No. 227 43 64) in the amount of $244,310 for the improvements be released. 5. The original Labor and Material Bond issued by Insurance Company of the West (Bond No. 227 43 64) in the amount of $244,310 for the improvements be released. 6. The traffic regulatory devices installed by the developer within the development are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: A. STOP signs and markings intersections: • La Strada Drive and Forino Drive • La Strada Drive and Montiano Lane • Salerno Drive and Vannucci Way • Salerno Drive and Forino Drive • Vannucci Way and Cerreto Street • Cerreto Street and Montelena Court • Cerreto Street and Palatino Court • Cerreto Street and Forino Court • Forino Drive and Montiano Lane • Forino Drive and Cantalise Drive • Cantalise Drive and Montiano Lane • Montiano Lane and Vannucci Way • Montiano Lane and Lorenzo Court have been installed at the following PASSED, APPROVED AND ADOPTED this 17th day of January, 2012, by the following vote AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor 2