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HomeMy WebLinkAboutReso 154-00 DubRanNeighParkRESOLUTION NO. 154 - 00 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING THE IMPROVEMENT AGREEMENT FOR IMPROVEMENT OF DUBLIN RANCH NEIGHBORHOOD PARK WHEREAS, the Development Agreement with MSSH Dublin Development, LLC, requires construction of the Dublin Ranch Neighborhood Park by MS SH Dublin Development, LLC; and WHEREAS, the developer, MSSH Dublin Development, LLC, a California limited liability corporation, has executed and filed with the City of Dublin an Improvement Agreement to improve the Dublin Ranch Neighborhood Park in accordance with the improvement plans and specifications attached thereto; and WHEREAS, said contract is secured by bonds in the total mount of $1,410,910.00 for Dublin Ranch Neighborhood Park improvements, conditioned upon faithful performance of said Agreement; and WHEREAS, said contract is secured by bonds in the total amount of $705,455.00 for Dublin Ranch Neighborhood Park improvements, conditioned upon payment for labor performed or material furnished under the terms of said Agreement. NOW, THEREFORE, BE IT RESOLVED that said Agreement and bonds be and they are hereby approved, and the Mayor is hereby authorized by the City Council to execute the contract. PASSED, APPROVED AND ADOPTED this 5th day of September, 2000. AYES: Councilmembers Howard, McCormick, Zika, Vice Mayor Lockhart and Mayor Houston NOES: None ABSENT: None ABSTAIN: None ATTEST:~ K2/G/9_5_00/reso_ms~m 4.6)