HomeMy WebLinkAboutItem 4.10 Fallon Rd Improvmtor
19 82
/ii � 111
DATE:
TO:
FROM:
STAFF REPORT
CITY COUNCIL
March 19, 2013
Honorable Mayor and City Councilmembers
Joni Pattillo City Manager""'
CITY CLERK
File #600 -60
SUBJECT: Acceptance of Off -Site Improvements on Fallon Road for Parcel Map 10049,
Neighborhoods D and E, Positano /Fallon Village (Braddock and Logan)
Prepared by Jayson Imai, Senior Civil Engineer
EXECUTIVE SUMMARY:
Dublin RE Investors, LLC, by Braddock and Logan Services, Inc. (Braddock and Logan), has
constructed the off -site street improvements on Fallon Road for Parcel Map 10049,
Neighborhoods "D" and "E," Positano /Fallon Village in accordance with their Improvement
Agreement. It is now appropriate for the City to accept these improvements.
FINANCIAL IMPACT:
Braddock and Logan has provided a warranty bond (Bond No. 724215M, in the amount of
$112,170), issued by Insurance Developers Surety and Indemnity Company, to guarantee the
off -site street improvements on Fallon Road associated with Parcel Map 10049 for one year.
Upon acceptance of the street improvements, the City will incur additional annualized
maintenance costs estimated to be $4,400 for slurry seal (every five years) and asphalt concrete
pavement overlay (every 20 years) of the additional paved roadway width on Fallon Road.
RECOMMENDATION:
Staff recommends that the City Council adopt the Resolution accepting the Off -Site
Improvements on Fallon Road for Parcel Map 10049.
Submitted By
Director of Public Works
DESCRIPTION:
Reviewed By
Assistant City Manager
Dublin RE Investors, LLC, by Braddock and Logan Services, Inc. (Braddock and Logan),
entered into an Improvement Agreement with the City of Dublin on July 19, 2011, for the
construction of off -site street improvements on Fallon Road associated with Parcel Map 10049.
Parcel Map 10049 created Neighborhoods "D" and "E" of the Positano development within the
area covered by the Fallon Village Specific Plan. These improvements included widening of
Page 1 of 2 ITEM NO. 4.10
Fallon Road to provide two lanes of travel in each direction between Dublin Boulevard and
Central Parkway.
Braddock and Logan provided a Performance Bond and Labor & Materials Bond to guarantee
construction of the off -site improvements on Fallon Road. The improvements are now complete
and the developer is requesting that the bonds for this work be released.
Braddock and Logan has provided a warranty bond in the amount of $112,170 (Bond No.
724215M) by Developers Surety and Indemnity Company. The bond amount is equal to twenty
five percent (25 %) of the full cost of completion of the improvements.
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of this staff report has been sent to Braddock & Logan.
ATTACHMENTS: 1. Fallon Road Widening Bonding Exhibit
2. Resolution for the Acceptance of Off -Site Improvements on Fallon
Road for Parcel Map 10049
Page 2 of 2
Performance
Labor & Materials
Improvements
Bond
Bond
Status
(Bond No.)
(Bond No.)
Fallon Road
$448,680
$448,680
To Be
Widening
I (724215S)
I (724215S)
I Released
Braddock and Logan has provided a warranty bond in the amount of $112,170 (Bond No.
724215M) by Developers Surety and Indemnity Company. The bond amount is equal to twenty
five percent (25 %) of the full cost of completion of the improvements.
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of this staff report has been sent to Braddock & Logan.
ATTACHMENTS: 1. Fallon Road Widening Bonding Exhibit
2. Resolution for the Acceptance of Off -Site Improvements on Fallon
Road for Parcel Map 10049
Page 2 of 2
WLe�
i
,��o tiw�o Ero�
i
MEN
�'p f fsfT
a
w
W
W
l
W
z
a
F
e
RESOLUTION NO. - 13
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTANCE OF OFF -SITE IMPROVEMENTS ON FALLON ROAD
FOR PARCEL MAP 10049 (BRADDOCK AND LOGAN)
WHEREAS, Dublin RE Investors, LLC, by Braddock and Logan Services, Inc. (Braddock
and Logan), the developer of Parcel Map 10049, previously entered into an Improvement
Agreement dated July 19, 2011, for the construction of off -site street improvements on Fallon
Road associated with Parcel Map 10049; and
WHEREAS, the developer provided a performance bond and labor and materials bond,
each in the amount of $448,680 for the Off -Site Improvements on Fallon Road 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 bonds and labor and materials bonds 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 a one -year period; and
WHEREAS, Braddock and Logan, has provided a warranty bond in the amount of
$112,170 issued by Developers Surety and Indemnity Company (Bond No. 724215M) to
guarantee the improvements for a one -year period.
NOW, THEREFORE, BE IT RESOLVED that:
1. The off -site improvements on Fallon Road for Parcel Map 10049 are hereby
approved and accepted subject to a one -year guarantee period.
2. The original Performance Bond issued by Developers Surety and Indemnity
Company (Bond No. 724215S) in the amount of $448,680 for the off -site
improvements on Fallon Road be released.
3. The original Labor and Material Bond issued by Developers Surety and Indemnity
Company (Bond No. 724215S) in the amount of $448,680 for the off -site
improvements on Fallon Road be released.
1
vote
PASSED, APPROVED AND ADOPTED this 19th day of March, 2013, by the following
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
Mayor