HomeMy WebLinkAboutReso 202-13 GHAD FAllon Vlg Tr 8081 RESOLUTION NO. 202 - 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 "Dl" 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.
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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: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None
Mayor
ATTEST:
OE-?Urf City Clerk
Reso No.202-13,Adopted 12-17-13, Item 4.2 Page 2 of 2