HomeMy WebLinkAboutReso 178-12 Grafton St Accpt Imprvmt RESOLUTION NO. 178 - 12
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING IMPROVEMENTS FOR GRAFTON STREET (CENTRAL PARKWAY TO
GLEASON DRIVE) — TRACT 7641, AND APPROVING TRAFFIC REGULATORY CONTROL
DEVICES AT GRAFTON STREET
(SORRENTO AT DUBLIN RANCH I LP, A CALIFORNIA LIMITED PARTNERSHIP)
WHEREAS, Sorrento at Dublin Ranch I LP, a California Limited Partnership, the
developer of Tract 7641, previously entered into a Tract Improvement Agreement for Tract 7641
with the City of Dublin, dated April 4, 2006, Resolution No. 35-06, to improve said Tract in
accordance with the plans and specifications on file with the City Engineer; and
WHEREAS, Sorrento at Dublin Ranch I LP, a California Limited Partnership, originally
provided Faithful Performance and Labor and Materials Bonds issued by Safeco Insurance
Company of America, each in the amount of $1,171,000.00, to guarantee said Grafton Street
Improvements; and
WHEREAS, the original Faithful Performance and Labor and Materials Bonds each in
the amount of $1,171,000.00, had been previously reduced to $293,000.00, on October 2,
2007, Resolution No. 178-07; and
WHEREAS, the City previously approved the Resolution Accepting Improvements and
Approving Regulatory Traffic Control Device for the Grafton Street and Central Parkway Traffic
Signal on June 17, 2008 (Resolution No. 99-08); and
WHEREAS, the First Amendment to the Agreement for Long Term Encroachments for
Landscape Features with Tracts 7641, 7642, 7643, 7644, and 7645 will add the pedestrian
bridge at Grafton Street; and
WHEREAS, the roadway improvements associated with Grafton Street from Central
Parkway to Gleason Drive, are complete in accordance with said plans and specifications, and
any approved modifications thereto, to the satisfaction of the City Engineer; and
WHEREAS, certain traffic regulatory control devices have been installed as part of the
Grafton Street Improvements; and
WHEREAS, the reduced Faithful Performance and Labor and Materials Bonds that
guaranteed the Improvements can be released, in accordance with the authority contained in
§66499.7 of the Government Code of the State of California, and replaced with Warranty Bonds
to guarantee the completed work for a one-year period following acceptance; and
WHEREAS, Sorrento at Dublin Ranch I LP, a California Limited Partnership, has
provided a Warranty Bond to guarantee the Improvements for a one-year period.
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NOW, THEREFORE, BE IT RESOLVED that:
1. The Grafton Street Improvements between Central Parkway and Gleason Drive
completed with said project are hereby approved and accepted subject to a one-
year guarantee period; and
2. The Labor and Materials Bond issued by Safeco Insurance Company of America
in the amount of $1,171,000 for Grafton Street improvements (Bond No.
6321873), reduced to the amount of $293,000, be released; and
3. The Performance Bond issued by Safeco Insurance Company of America in the
amount of $1,171,000 for the Grafton Street improvements (Bond No. 6321873),
• reduced to amount of $293,000, be released; and
4. The submitted Warranty Bond issued by Safeco Insurance Company of America
in the amount of $293,000.00 for the Grafton Street Improvements between
Central Parkway and Gleason Drive (Bond No. 6321873M) be accepted as
security for the aforesaid one-year warranty period, said period to commence on
this date and terminate on the 16th day of October, 2013.
5. The traffic regulatory control devices installed as part of the Grafton Street
Improvements are hereby included in the City of Dublin Traffic Code, and said
regulatory devices to include the following:
a) No parking on both sides of Grafton Street between Central Parkway
and Gleason Drive.
b) Crosswalk on Grafton Street at south side of intersection of Gleason
Drive.
c) Crosswalks on Grafton Street at intersection of Palermo Way.
d) Crosswalks on Grafton Street at intersection of Capoterra Way.
e) Crosswalk on Grafton Street at the north side of intersection of Central
Parkway.
f) Circular intersection at Grafton Street/Palermo Way intersection.
g) Circular intersection at Grafton Street/Capoterra Way intersection.
h) Traffic signal modifications at the intersection of Grafton Street and
Gleason Drive.
PASSED, APPROVED AND ADOPTED this 16th day of October, 2012, by the following
vote;
YES: . Councilmembers Biddle, Hart, Hildenbrand, Swalwell, and Mayor Sbranti
NOES: None
ABSENT: None ,�
ABSTAIN: None j'" � .
Mayor
ATTEST•
f PW
City Clerk
Reso No. 178-12, Adopted 10-16-12, item 4.5 Page 2 of 2