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HomeMy WebLinkAbout4.05 Silvera Rch Traffic Signalor 19 82 /ii � 111 DATE: TO: FROM: STAFF REPORT CITY COUNCIL July 16, 2013 Honorable Mayor and City Councilmembers Joni Pattillo City Manager""' CITY CLERK File #600 -60 SUBJECT: Acceptance of In -Tract Improvements, Acceptance of Off -Site Improvements on Tassajara Road and Fallon Road, Acceptance of Traffic Signals and Approval of Regulatory Traffic Control Devices for Tract 7540 — Silvera Ranch, Phase 4 (KB Home South Bay, Inc.) Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: KB Home South Bay, Inc. has constructed improvements for Tract 7540, Silvera Ranch — Phase 4, in accordance with their Tract Improvement Agreement. It is now appropriate for the City to accept these improvements and approve the regulatory traffic control devices. FINANCIAL IMPACT: KB Home South Bay, Inc. has provided Warranty Bonds in the amounts of $58,409.25 and $112,384.00 (Bond Nos. CMS256290 and CMS256289), both issued by RLI Insurance Company, to guarantee the improvements associated with the in -tract and off -site improvements, respectively, for Tract 7540 for one year. Upon acceptance of the improvements, the City will incur annualized maintenance costs estimated to be $52,900 for traffic signals, street sweeping and street lighting (monthly), slurry seal (every five years) and asphalt concrete pavement overlay (every 20 years). RECOMMENDATION: Staff recommends that the City Council adopt the Resolution accepting the In -Tract Improvements, accepting the Off -Site Improvements on Tassajara Road and Fallon Road, accepting Traffic Signals and approving the Regulatory Traffic Control Devices for Tract 7540 — Silvera Ranch, Phase 4. Submitted By Director of Public Works Reviewed By Assistant City Manager Page 1 of 2 ITEM NO. 4.5 DESCRIPTION: KB Home South Bay, Inc. (KB Home) entered into a Tract Improvement Agreement with the City of Dublin on November 16, 2010, for the construction of street and other tract improvements associated with Tract 7540, also known as Bella Monte of the Silvera Ranch Phase 4 development. These improvements included construction of the streets internal to Tract 7540, as well as improvements on Tassajara Road and Fallon Road. KB Home provided Faithful Performance Bonds and Labor & Materials Bonds to guarantee the construction of the improvements. Separate bonds were provided for in -tract improvements ($233,637) and off -site improvements on Tassajara Road and Fallon Road ($449,536). The in -tract and off -site improvements are now complete and the developer is requesting that the bonds for this work be released and the improvements accepted. KB Home has provided Warranty Bonds issued by RLI Insurance Company in the amounts of $58,409.25 (Bond No. CMS256290) and $112,384.00 (Bond No. CMS256290) for the in -tract and off -site improvements, respectively. The Warranty Bonds amounts are equal to twenty five percent (25 %) of the full cost to construct the improvements and guarantee against construction defects for a one -year period. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: A. Traffic Signal at Fallon Road and Tassajara Road B. Traffic Signal at Fallon Road and Silvera Ranch Drive C. Traffic Signal at Fallon Road and Cydonia Court NOTICING REQUIREMENTS /PUBLIC OUTREACH: A copy of this staff report has been sent to KB Home South Bay, Inc. ATTACHMENTS: 1. Location Map 2. Resolution accepting the In -Tract Improvements, accepting the Off - Site Improvements on Tassajara Road and Fallon Road, accepting Traffic Signals and approving the Regulatory Traffic Control Devices for Tract 7540 — Silvera Ranch, Phase 4. Page 2 of 2 W U RESOLUTION NO. - 13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE IN -TRACT IMPROVEMENTS, ACCEPTING THE OFF -SITE IMPROVEMENTS ON TASSJARA ROAD AND FALLON ROAD, ACCEPTING TRAFFIC SIGNALS AND APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES FOR TRACT 7540 — SILVERA RANCH, PHASE 4 WHEREAS, KB Home South Bay, Inc., the developer of Tract 7540, previously entered into a Tract Improvement Agreement dated November 16, 2010, Resolution No. 162 -10, with the City of Dublin, to complete in -tract and off -site improvements with Tract 7540, in accordance with plans on file with the City Engineer; and WHEREAS, the developer provided Faithful Performance and Labor & Materials Bonds, each in the amount of $233,637.00 for in -tract improvements to guarantee the construction of these improvements; and WHEREAS, the developer provided Faithful Performance and Labor & Materials Bonds, each in the amount of $449,536.00 for off -site improvements on Fallon Road and Tassajara Road to guarantee the construction 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 traffic signal installations at the intersections of Fallon Road and Tassajara Road, Fallon Road and Silvera Ranch Drive, and Fallon Road and Cydonia Court are complete in accordance with said plans and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Faithful Performance Bonds and Labor & Materials Bonds for the in -tract and off -site improvements of Tract 7540 can be released, in accordance with the authority contained in §66499.7 of the Government Code of the State of California, "Manner of Release of the Security," and replaced with Warranty Bonds to guarantee the completed work for a one - year period; and WHEREAS, KB Home South Bay, Inc., has provided Warranty Bonds in the amounts of $58,409.25 and $112,384.00, issued by RLI Insurance Company (Bond Nos. CMS 256290 and CMS 256289) to guarantee the in -tract and off -site improvements, respectively, for a one -year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The in -tract improvements for Tract 7540 are hereby approved and accepted subject to a one -year guarantee period; and 1 2. The submitted Warranty Bond issued by RLI Insurance Company (Bond No. CMS256290) in the amount of $58,409.25 for the in -tract improvements for Tract 7540 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 July, 2014; and 3. The original Faithful Performance Bond issued by RLI Insurance Company (Bond No. CMS256290) in the amount of $233,637.00 for the in -tract improvements be released; and 4. The original Labor & Materials Bond issued by RLI Insurance Company (Bond No. CMS256290) in the amount of $233,637.00 for the in -tract improvements be released; and 5. The off -site improvements on Fallon Road and Tassajara Road constructed with Tract 7540 are hereby approved and accepted to a one -year guarantee period; and 6. The submitted Warranty Bond issued by RLI Insurance Company (Bond No. CMS256289) in the amount of $112,384.00 for the off -site improvements for Tract 7540 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 July, 2014; and 7. The original Faithful Performance Bond issued by RLI Insurance Company (Bond No. CMS256289) in the amount of $449,536.00 for the Fallon Road Improvements be released; and 8. The original Labor & Materials Bond issued by RLI Insurance Company (Bond No. CMS256289) in the amount of $449,536.00 for the Fallon Road Improvements be released; and 9. The traffic regulatory devices installed by the developer within the City's right -of- way are hereby included in the City of Dublin Traffic Code, and said regulatory devices include the following: A. Traffic Signal at Fallon Road and Tassajara Road B. Traffic Signal at Fallon Road and Silvera Ranch Drive C. Traffic Signal at Fallon Road and Cydonia Court 2 vote PASSED, APPROVED AND ADOPTED this 16th day of July, 2013, by the following AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor