Loading...
HomeMy WebLinkAboutReso 075-03 AppvTrImprAgmtToll RESOLUTION NO. 75 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING TRACT IMPROVEMENT AGREEMENT FOR IN TRACT 7137, 7138, 7139 & 7140 LANDSCAPING WHEREAS, the Final Maps for Tract 7139 and 7140, in the incorporated territory of the City of Dublin, State of California, have been presented to this City Council for approval, all in accordance with provisions of the Subdivision Map Act of the State of California and the City of Dublin Municipal Code; and WHEREAS, Conditions of Appr°val for Tracts 7137, 7138, 7139 and 7140, as approved by City of Dublin Planning Commission Resolution Nos. 02-38, 02-39, 02-40 and 02-41 require the developer to install landscape improvements along Signal Hill Drive and Sugar Hill Terrace, and pathway improvements between Tracts; and WHEREAS, the Developer, Toll CA II, LP, has executed and filed with the City of Dublin a Tract Improvement Agreement to improve required landscape improvements in accordance with the Conditions of Approval for the Tentative Maps, and the landscape plans and specifications attached thereto; and WHEREAS, said Tract Improvement Agreement is secured by a bond furnished by the Travelers Casualty and Surety Company in the amount of $223,368.00 (Bond No.104058221), conditioned upon faithful performance of said Agreement; and WHEREAS, said Tract Improvement Agreement is secured by a bond furnished by the Travelers Casualty and Surety Company in the amount of $223,368.00 (Bond No.104058221), 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 are hereby approved. BE IT FURTHER RESOLVED that the Mayor is hereby authorized by the City Council to execute the agreement. PASSED, APPROVED AND ADOPTED this 6th day of May, 2003. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSTAIN:ABSENT:None None ~~_~ ?/?~? ~ C~ ~ii ~, ~ ~/.~,, ~ ATTEST: ~? Mayor K2/G/5 -6-03/reso-7137-38-39-40parkland.doc (Item 4.7-4) g:\develop\dublin ranch\area a~a 2-5 tracts 7137-40\resolution landscape tracts 7137-40.doc