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HomeMy WebLinkAboutReso 57-13 Tassajara Rd Accpt Imprvmt RESOLUTION NO. 57 - 13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN • ACCEPTING IMPROVEMENTS FOR TASSAJARA ROAD BETWEEN NORTH DUBLIN RANCH DRIVE AND SHADOW HILL DRIVE, FALLON CROSSINGS, TRACT 7617 WHEREAS, Standard Pacific Homes, the developer of Tract 7617, previously entered into a Tract Improvement Agreement for Tract 7617 with the City of Dublin, dated December 20, 2011, Resolution No. 208-11, to improve said Tract including Off-site Tassajara Road Improvements in accordance with the plans and specifications on file with the City Engineer; and WHEREAS, Standard Pacific Homes originally provided Faithful Performance and Labor and Materials Bonds issued by Berkeley Regional Insurance Company of America, each in the amount of $546,009.00 (Bond No. 0156326), to guarantee said Tassajara Road Improvements; and WHEREAS, the roadway improvements associated with Tassajara Road between North Dublin Ranch Drive and Shadow Hill are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the 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, Standard Pacific Homes has provided a Warranty Bond issued by Berkeley Regional Insurance Company in the amount of $136,502.00 (Bond No 0156326-M) to guarantee the Improvements for a one-year period. NOW, THEREFORE, BE IT RESOLVED that: 1. The Tassajara Road Improvements between North Dublin Ranch Drive and Shadow Hill 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 Berkeley Regional Insurance Company of America in the amount of $546,009 for Tassajara Road improvements (Bond No. 0156326) be released in accordance with the Civil Code commencing with Section 8410; and 3. The Performance Bond issued by Berkeley Regional Insurance Company of America in the amount of $546,009 for the Tassajara Road improvements (Bond No. 0156326) be released. Reso No. 57-13,Adopted 5-7-13, Item No.4.2 Page 1 of 2 Page 1 of 2 PASSED, APPROVED AND ADOPTED this 7th day of May, 2013, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None i • Sri/frig' Mayor ATTEST: 64444: City Clerk Reso No. 57-13,Adopted 5-7-13, Item No.4.2 Page 2 of 2