HomeMy WebLinkAboutReso 023-93 AI BrightonMeadows RESOLUTION NO. 23-93
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING IMPROVEMENTS IN TRACT 5616
(BRIGHTON MEADOWS)
WHEREAS, the owner-subdivider of the aforesaid Tract previously entered into a contract
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:
Subdivider: Brighton Meadows 89
Tract Location: Brighton Drive westerly of Village Parkway
Tract Size: 17 single-family lots
Resolution Approving Final Map: No. 16-92
City Streets Affected: Brighton Drive, Brighton Place, Brighton Court
WHEREAS, said improvements have been completed in accordance with said plans and
specifications, and any approved modifications thereof, to the satisfaction of the City Engineer of the
City of Dublin; and
WHEREAS, as a condition of said contract, the subdivider is required to guarantee the
improvements and to maintain the completed work for a period of one year following acceptance of
work by the City of Dublin; and
WHEREAS, as the improvements are now completed, the original performance bond security
requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the
Government Code of the State of California, to an amount found necessary to guarantee maintenance
of the completed work for the aforesaid one-year period;
NOW, THEREFORE, BE IT RESOLVED that:
1. The improvements completed within said Tract be, and they are hereby approved and
accepted subject to the aforesaid one-year guarantee; and
2. The aforesaid original letter of credit security requirement be reduced from the amount
of $286,000 to a revised security requirement in the amount of $71,500 upon acceptance by Staff of
the replacement letter of credit in the said amount of $71,500 as security for the aforesaid one-year
guarantee period, and the Mayor of this City Council be, and he is hereby authorized and directed to
execute the said letter of credit on behalf of the said City of Dublin; and
3. The said original letter of credit in the amount of $286,000 posted in connection with
the work involved in the construction of said Tract be hereby released upon acceptance of said
$71,500 letter of credit.
PASSED, APPROVED AND ADOFrED this 8th day of February, 1993.
AYES: Councilmembers Burton, Houston, Howard, Moffatt,
and Mayor Snyder
NOES: None
ABSENT: None
Mayor
ATTE:
a: (9293) ~february Ireso5616