HomeMy WebLinkAboutReso 124-03 AI Dub Ranch L-6 RESOLUTION NO. 124 - 03
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTANCE OF IMPROVEMENTS FOR TRACT 6961
(DUBLIN RANCH NEIGHBORHOOD L-6)
AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES
WHEREAS, the subdivider of Tract 6961, filed on November 3, 2000 in Book 253 of Maps at
Pages 62 - 69, previously entered into an agreement with the City of Dublin to improve said Tract in
accordance with plans and specifications on file with the City Engineer, said Tract identified as follows:
a) Subdivider: MSSH Dublin Development LLC, A Delaware
Limited Liability Company and Shea Homes Limited
Partnership, A California Limited Partnership
b) Tract Location: North of North Dublin Ranch Drive and
East of Tassajara Road
c) Tract Size: 117 Single-Family Lots
d) Resolution Approving Agreement: No. 151-00, City of Dublin City Council
e) City Streets Affected: Hobstone Place, Ledgewood Terrace, Penwood
Lane, Penwood Place, Round Hill Drive and
Woodvale Terrace
WltEREAS, the improvements associated with Tract 6961 are complete in accordance with said
plans and specifications, and any approved modifications thereto, to the satisfaction of the City Engineer;
and
WHEREAS, the developer has installed certain regulatory traffic control devices as a part of the
Tract improvements; and
WHEREAS, the original Performance Bond and Labor and Materials Bond can be released, in
accordance with the authority contained in §66499.7 of the Government Code of the State of California,
and replaced with a Maintenance Bond to guarantee the completed work for a one-year period following
acceptance;
NOW, THEREFORE, BE IT RESOLVED that:
1. The improvements completed within said Tract are hereby approved and accepted subject
to a one-year guarantee period; and
2. The traffic regulatory devices installed by the developer are hereby included in the City of
Dublin Traffic Code, said regulatory devices to include the following:
a) Ledgewood Terrace, Penwood Lane, Round Hill Drive and Woodvale Terrace are
designated as "Through Streets."
b) Stop control devices installed at all four approaches for the intersection of Penwood
Lane, Penwood Place and Round Hill Drive.
c) Stop control device installed at the westbound approach of Hobstone Place at
Ledgewood Terrace.
d) Stop control device installed at the southbound approach of Round Hill Drive at North
Dublin Ranch Drive.
e) Stop control device installed at the eastbound approach of Woodvale Terrace at Round
Hill Drive.
3. The original Performance Bond issued by American Home Assurance Company (Bond
No. 00-248-149) in the amount of $2,300,705.00 be released; and
4. The original Labor and Materials Bond issued by American Home Assurance Company
(Bond No. 00-248-149) in the amount of $1,150,352.50 be released; and
5. The submitted Maintenance Bond issued by American Home Assurance Company (Bond
No. 00-248-149-A) in the amount of $575,176.25 be accepted as security for the aforesaid
one-year maintenance period, said period to commence on this date and terminate on the
17th day of June, 2004.
PASSED, APPROVED AND ADOPTED this 17th day of June, 2003.
AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart
NOES: None
ABSENT: None
ABSTAIN: None
MayOr`
K2/G/6_17-03/reso-6961.doc (Item 4.10)
G:~DEVELOP~Dublin RanclCL-6-Shea, Highgrove~resoacpt_6961.doc
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