HomeMy WebLinkAboutItem 4.02 Positano Fallon Vlg Tr 8081or
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DATE:
TO:
FROM:
STAFF REPORT
CITY COUNCIL
December 17, 2013
Honorable Mayor and City Councilmembers
Joni Pattillo City Manager""'
CITY CLERK
File #600 -60
SUBJECT: Acceptance of Tract Improvements and Approval of Regulatory Traffic Control
Devices for Tract 8081, Neighborhood "D1 ", Positano/ Fallon Village, and
Release of security for Neighborhood "D" Trail Improvements within the future
Fallon Village GHAD parcel (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 street improvements for Tract 8081 - Neighborhood "D1 ", Positano /Fallon
Village 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. Also in
accordance with their Tract Improvement Agreement, Braddock and Logan has completed
construction of the Neighborhood "D" trail improvements. The Neighborhood "D" trail is located
within Parcel 1 of Parcel Map 10049, which will ultimately be turned over to the Fallon Village
Geologic Hazard Abatement District (CHAD) for ownership and maintenance. The
Neighborhood "D" trail improvements are now complete and the bonds provided by Braddock
and Logan to guarantee completion of the trail improvements may now be released.
FINANCIAL IMPACT:
Braddock and Logan has provided a Warranty Bond (Bond No. 724220M, in the amount of
$563,073.00), issued by Developers Surety and Indemnity Company, to guarantee the street
improvements associated with Tract 8081 and Neighborhood "D" trail improvements for one
year.
Upon acceptance of the street improvements within Tract 8081, the City will incur annualized
maintenance costs estimated to be $20,300 for street sweeping and street lighting (monthly),
slurry seal (every five years) and asphalt concrete pavement overlay (every 20 years).
The Neighborhood "D" trail is located within Parcel 1 of Tract 10049, which has been reserved
as a future Fallon Village GHAD parcel. Prior to transferring the GHAD parcel to the Fallon
Village CHAD, Braddock and Logan will be responsible for maintenance of the Neighborhood
"D" trail improvements, including during the one -year warranty period. Once the GHAD parcel
has been transferred from Braddock and Logan to Fallon Village CHAD, all improvements within
the GHAD parcel will be maintained by the Fallon Village CHAD. There will be no future
maintenance costs to the City associated with the Neighborhood "D" trail.
Page 1 of 3 ITEM NO. 4.2
RECOMMENDATION:
Staff recommends that the City Council adopt the Resolution Accepting the Tract Improvements
and Approving the Regulatory Traffic Control Devices for Tract 8081 — Neighborhood "D1," and
Approving the Release of Security for the Neighborhood "D" Trail Within the Future Fallon
Village GHAD parcel.
Submitted By Reviewed By
Director of Public Works Assistant City Manager
DESCRIPTION:
Dublin RE Investors, LLC, by Braddock and Logan Services, Inc. (Braddock and Logan),
entered into an Improvement Agreement with the City of Dublin on November 15, 2011, for the
construction of street and other tract improvements associated with Tract 8081, also known as
Neighborhood "D1" of the Positano development within the area covered by the Fallon Village
Specific Plan. These improvements included construction of the streets internal to
Neighborhood "D1 ", as well as Valentano Drive between Positano Parkway and Forino Drive,
and Avanti Avenue between Positano Parkway and Forino Drive. The improvements covered by
this Tract Improvement Agreement also included Neighborhood "D" trail improvements within
Parcel 1 of Parcel Map 10049, which has been reserved for future transfer to the Fallon Village
Geologic Hazard Abatement District (CHAD).
Braddock and Logan provided Performance Bonds and Labor & Materials Bonds to guarantee
construction of both the street and tract improvements for Tract 8081 and the Neighborhood "D"
trail improvements.
When the Tract Improvement Agreement for Tract 8081 was approved, Braddock and Logan
had already completed approximately 80% of required improvements. Therefore, the original
bonds were in the amount equal to twenty five percent (25 %) of the full bond estimate amount.
Per the Plan of Control for the Fallon Village CHAD, before Braddock and Logan may transfer a
GHAD parcel and the management and maintenance requirements of that parcel to the Fallon
Village CHAD, the improvements required to be constructed within the GHAD parcel must be
approved by the City.
Braddock and Logan has recently completed the construction of both the required tract and
street improvements associated with Tract 8081 and the Neighborhood "D" trail improvements
within the future Fallon Village GHAD Parcel 1 of Parcel Map 10049 and is requesting that the
bonds guaranteeing this work be released.
Braddock and Logan has provided a Warranty Bond in the amount of $563,073.00 (Bond No.
724220M) 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 and is equivalent to the
original bond amount approved by City Council with the Tract Improvement Agreement for Tract
8081 in November, 2011.
Page 2 of 3
IMPROVEMENTS
ORIGINAL AMOUNTS
STATUS
Performance
Labor &
Materials
Bond
Bond
(Bond No.)
(Bond No.)
Neighborhood "D1" tract
improvements
$563,073
$563,073
To Be
and
"D"
(724220S)
(724220S)
Released
Neighborhood trail
improvements
Prior to transferring Parcel 1 of Parcel Map 10049 to the Fallon Village CHAD, Braddock and
Logan will be responsible for the maintenance of the Neighborhood "D" trail improvements
within that parcel, including during the one -year warranty period. Once the GHAD parcel has
been transferred from Braddock and Logan to Fallon Village CHAD, all improvements within the
GHAD parcel will be maintained by the Fallon Village CHAD. There will be no future
maintenance costs to the City.
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. "STOP" signs, markings and crosswalks installed at the following intersections:
• Haggerty Drive at the intersection of Avanti Avenue
• Haggerty Drive at the intersection of Valentano Drive
• Haggerty Drive at the intersection of Forino Drive
• Valentano Drive at the intersection of Forino Drive
B. Curve Warning with 15 MPH advisory speed signs on the following streets:
• West side of Haggerty Drive near Station 3 +08
• North side of Haggerty Drive near Station 4 +93
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of this staff report has been sent to Braddock & Logan.
ATTACHMENTS: 1. Reduced Copy of Final Map Tract 8081
2. Resolution for the Acceptance of Tract Improvements and Approval
of Regulatory Traffic Control Devices for Tract 8081, Neighborhood
"D1" and Approval of the Release of Security for the Neighborhood
"D" trail within the future Fallon Village GHAD parcel
Page 3 of 3
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RESOLUTION NO. - 13
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTANCE OF TRACT IMPROVEMENTS AND APPROVAL OF REGULATORY TRAFFIC
CONTROL DEVICES FOR TRACT 8081, NEIGHBORHOOD "D1" AND APPROVAL OF THE
RELEASE OF SECURITY FOR THE NEIGHBORHOOD "D" TRAIL WITHIN THE FUTURE
FALLON VILLAGE GHAD PARCEL
POSITANO/ FALLON VILLAGE (BRADDOCK AND LOGAN)
WHEREAS, Dublin RE Investors, LLC, A California Limited Liability Company, by
Braddock and Logan Services, Inc., A California Corporation (Braddock and Logan), the
developer of Tract 8081, previously entered into an Improvement Agreement dated November
15, 2011, Resolution No. 186 -11, with the City of Dublin, to complete tract improvements
associated with Tract 8081 and the Neighborhood D Trail, in accordance with plans on file with
the City Engineer; and
WHEREAS, the developer provided performance bonds and a labor and materials
bonds, each in the amount of $563,073.00 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, and replaced with a warranty bond to guarantee the completed work for a
one -year period; and
WHEREAS, Braddock and Logan, has provided Warranty Bond in the amount of
$563,073.00 issued by Developers Surety and Indemnity Company (Bond No. 724220M) to
guarantee the improvements for a one -year period;
NOW, THEREFORE, BE IT RESOLVED that:
1. The tract improvements for Tract 8081 are hereby approved and accepted,
subject to a one -year guarantee period.
2. The Neighborhood D Trail Improvements are hereby approved, subject to a one -
year guarantee period.
3. The original Performance Bond issued by Developers Surety and Indemnity
Company (Bond No. 724220S) in the amount of $563,073.00 for the tract
improvements be released.
1
4. The original Labor and Materials Bond issued by Developers Surety and
Indemnity Company (Bond No. 724220S) in the amount of $563,073.00 for the
tract improvements be released.
5. The submitted Warranty Bond issued by Developers Surety and Indemnity
Company (Bond No. 724220M) in the amount of $563,073.00 for the Tract 8081
improvements, be accepted as security for the aforesaid one -year warranty
period, said period to commence on this date and terminate on the 17th day of
December, 2014.
6. The traffic regulatory devices installed by the developer within the development
are hereby included in the City of Dublin Traffic Code, said regulatory devices to
include the following:
A. "STOP" signs, markings and crosswalks installed at the following intersections:
• Haggerty Drive at the intersection of Avanti Avenue
• Haggerty Drive at the intersection of Valentano Drive
• Haggerty Drive at the intersection of Forino Drive
• Valentano Drive at the intersection of Forino Drive
B. Curve Warning with 15 MPH advisory speed signs on the following streets:
• West side of Haggerty Drive near Station 3 +08
• North side of Haggerty Drive near Station 4 +93
PASSED, APPROVED AND ADOPTED this 17th day of December, 2013, by the
following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
2
Mayor