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HomeMy WebLinkAboutReso 223-03 StImpTR7142DubRchRESOLUTION NO. 223 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF STREET IMPROVEMENTS FOR TRACT 7142, DUBLIN RANCH, AREA A, NEIGHBORHOOD A-7 AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Tract 7142, filed on August 21, 2001, in Book 261 of Maps at Pages 5 - 10, previously entered into two (2) Tract Developer Agreements with the City of Dublin, one for Street Improvements and one for Landscaping, to improve said Tract in accordance with plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider: b) Tract Location: c) Tract Size: d) Resolution Approving Agreement: e) City Streets Affected: Toll CA II, L.P., A California Limited Partnership North of Fallon Road, East of Bent Tree Drive, and west of Old Fallon Road 105 Single-Family Lots No. 125-01, City of Dublin City Council Eagles Landing Court, Landmark Way, North Kilbride Lane, Piper Glen Terrace, South Kilbdde Lane, and Stonehaven Lane WHEREAS, the Street Improvements associated with Tract 7142 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Landscaping installation governed by the remaining Tract Developer Agreement is currently underway and nearing completion; 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 that guaranteed the Street Improvements 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: The Street Improvements completed within said Tract are hereby approved and accepted subject to a one-year guarantee period; and 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) b) c) d) e) f) g) Stop control dewces installed on the northerly and southerly approaches of the "tee intersection at Stonehaven Lane. Stop control dewces installed on the southerly approach of Landmark Way at South Kilbride Lane. Stop control dewces installed on the easterly approach of Eagles Landing Court at Piper Glen Terrace. Stop control devices installed on the westerly approach of Piper Glen Terrace at Bent Tree Drive. Stop control devines installed on the easterly approach of Landmark Way at Piper Glen Terrace. Stop control dewces installed on the easterly approach of North Kilbride Lane at Piper Glen Terrace. Stop control devices installed on the westerly approach of Stonehaven Lane at Bent Tree Drive. o The original Performance Bond issued by The Continental Insurance Company (Bond No. 929200648) in the mount of $836,979.00 be released; and o The original Labor and Material Bond issued by The Continental Insurance Company (Bond No. 929200648) in the amount of $418,489.50 be released; and o The submitted Maintenance Bond issued by National Fire Insurance Company (Bond No. 929280217) in the amount of $313,867.00 be accepted as security for the aforesaid one- year maintenance period, said period to commence on this date and terminate on the 18th day of November, 2004. PASSED, APPROVED AND ADOPTED this 18th day of November, 2003. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None K2/G/11-18-03/reso-7142streetimps.doc (Item 4.3) Mayor GADEVELOP~Dublin Ranch~ea A~A-7-Tract 7142~resoacpt__st imp 7142.doc