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Home My WebLink AboutItem 4.05 Streambed Corridor Improvments or 19 82 STAFF REPORT CITY CLERK CITY COUNCIL File #660-60 DATE: October 21, 2014 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager " SUBJECT: Acceptance of Streambed Corridor Improvements for Tract 7982 constructed with Tract 7652, Neighborhood 6, Sorrento East (Standard Pacific Corporation) Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: Standard Pacific Corporation, a Delaware Corporation, has constructed the Streambed Corridor Improvements for Tract 7982 Sorrento East in accordance with the Tract Improvement Agreement for Tract 7652, Neighborhood 6. It is now appropriate for the City to accept these improvements. FINANCIAL IMPACT: Standard Pacific Corporation, a Delaware Corporation, has provided the following Warranty Bonds issued by Safeco Insurance Company of America to guarantee the referenced streambed corridor improvements for one year: • Warranty Bond in the amount of $7,750.00 (Bond No. 6753805) for the Tract 7982 Streambed Corridor Pathway Improvements along Gleason Drive from Lockhart Street to Fallon Road • Warranty Bond in the amount of $7,750.00 (Bond No. 6753806) for the Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Gleason Drive to Palermo Way • Warranty Bond in the amount of $17,250.00 (Bond No. 6753807) for the Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Palermo Way to Central Parkway • Warranty Bond in the amount of $8,250.00 (Bond No. 6444643) for the Tract 7982 Landscape Improvements along Lockhart Street eastern frontage from Palermo Way to Central Parkway The Streambed Corridor pathway, landscape, and irrigation improvements will be maintained by the Sorrento East Master Homeowner's Association. The City will not incur annualized maintenance costs for these improvements. Page 1 of 3 ITEM NO. 4.5 RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Accepting the Streambed Corridor Improvements for Tract 7982 Constructed with Tract 7652 — Sorrento East, Neighborhood 6. "ubmitted By '�� Reviewed By Public Works Director Assistant City Manager DESCRIPTION: Standard Pacific Corporation, a Delaware Corporation, entered into a Tract Improvement Agreement with the City of Dublin on July 19, 2011, for the construction of street and other tract improvements associated with Tract 7982 and Tract 7652 within the Sorrento East development (City Council Resolution No. 122-11). These improvements included construction of Streambed Corridor improvements along the eastern side of Lockhart Street between Central Parkway and Gleason Drive and along the southern side of Gleason Drive between Lockhart Street and Fallon Road. Standard Pacific provided Faithful Performance Bonds and Labor & Materials Bonds to guarantee construction of these improvements. The Streambed Corridor Improvements are now complete, and the developer is requesting that the bonds for this work be released. ORIGINAL AMOUNTS IMPROVEMENTS Faithful Performance Labor & Materials STATUS Bond Bond (Bond No.) (Bond No.) Tract 7982 Streambed Corridor Pathway Improvements along $31,000.00 $31,000.00 To Be Gleason Drive from Lockhart (6753805) (6753805) Released Street to Fallon Road Tract 7982 Streambed Corridor Pathway Improvements along $31,000.00 $31,000.00 To Be Lockhart Street from Gleason (6753806) (6753806) Released Drive to Palermo Way Tract 7982 Streambed Corridor Pathway Improvements along $69,000.00 $69,000.00 To Be Lockhart Street from Palermo (6753807) (6753807) Released Way to Central Parkway Tract 7982 Landscape Improvements along Lockhart $33,000.00 $33,000.00 To Be Street eastern frontage from (6444643) (6444643) Released Palermo Way to Central Parkway Standard Pacific Corporation has provided Warranty Bonds, issued by Safeco Insurance Company of America, in the amounts of $7,750.00 (Bond No. 6753805), $7,750.00 (Bond No. 6753806), $17,250.00 (Bond No. 6753807), and $8,250.00 (Bond No. 6444643). The Warranty Bond amounts are equal to twenty five percent (25%) of the full cost to construct the respective improvements. Page 2 of 3 NOTICING REQUIREMENTS/PUBLIC OUTREACH: A copy of this staff report has been sent to Standard Pacific Corporation. ATTACHMENTS: 1. Vicinity Map 2. Resolution Accepting the Streambed Corridor Improvements for Tract 7982 Constructed with Tract 7652 — Sorrento East, Neighborhood 6 Page 3 of 3 T �COoiY COS ` T co 1`1 HA CO ALAM�D DUBLIN RANCH DRIVE � .9 DUBLIN c7 x q w o �� I ca � STREAM BED o CORRIDOR ~ CENTRAL pARR AY'�........... ........ DUBLIN BOULEVARD I . .......... 1-580 .. ..... .... .... PLEASANTON w STREAM BED CORRIDOR VICINITY MAP NTS I NUT&SIMPS ENGINEERS PLANNERS SORYEYORS PLEASANTON,CA (975)175-0890 10-08-2014 2:06pm Amanda Karchefski C:\USERS\AKARCHEFSKI\DESKTOP\VICINITY MAP—CREEK CORRIDOR.DWG RESOLUTION NO. - 14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE STREAMBED CORRIDOR IMPROVEMENTS FOR TRACT 7982 CONSTRUCTED WITH TRACT 7652 — SORRENTO EAST, NEIGHBORHOOD 6 WHEREAS, Standard Pacific Corporation, a Delaware Corporation, the developer of Tract 7652, previously entered into a Tract Improvement Agreement dated July 19, 2011, Resolution No. 122-11, with the City of Dublin, to construct certain improvements for Tract 7982 with Tract 7652; and WHEREAS, the required improvements included streambed corridor pathway and landscaping improvements along the eastern side of Lockhart Street from Central Parkway to Gleason Drive, and the southern side of Gleason Drive from Lockhart Street to Fallon Road in accordance with plans and specifications on file with the City Engineer; and WHEREAS, the developer provided Faithful Performance and Labor & Materials Bonds for the amounts and scope of work listed below to guarantee these improvements; and • $31,000.00 for Tract 7982 Streambed Pathway Improvements on Gleason Drive from Lockhart Street to Fallon Road • $31,000.00 for Tract 7982 Streambed Pathway Improvements on Lockhart Street from Gleason Drive to Palermo Way • $69,000.00 for Tract 7982 Streambed Pathway Improvements on Lockhart Street from Palermo Way to Central Parkway • $33,000.00 for Tract 7982 Landscape Improvements along eastern frontage of Lockhart Street from Palermo Way to Central Parkway WHEREAS, the improvements at the Streambed Corridor are complete in accordance with said plans and specifications, and any modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Faithful Performance and Labor & Materials bonds for the improvements at the Streambed Corridor 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 Bonds to guarantee the completed work for a one-year period following acceptance; and WHEREAS, Standard Pacific Corporation has provided Warranty Bonds issued by Safeco Insurance Company of America for the amounts and scope of work listed below to guarantee these improvements against defects for a one year period; 1 • $7,750.00 (Bond No. 6753805), to guarantee the improvements at Tract 7982 Streambed Corridor Pathway along Gleason Drive from Lockhart Street to Fallon Road • $7,750.00 (Bond No. 6753806), to guarantee the improvements at Tract 7982 Streambed Corridor Pathway along Lockhart Street from Gleason Drive to Palermo Way • $17,250.00 (Bond No. 6753807), to guarantee the improvements at Tract 7982 Streambed Corridor Pathway along Lockhart Street from Palermo Way to Central Parkway • $8,250.00 (Bond No. 6444643), to guarantee the landscape improvements at Tract 7982 along Lockhart Street eastern frontage from Palermo Way to Central Parkway NOW, THEREFORE, BE IT RESOLVED that- 1. The following improvements are hereby approved and accepted subject to a one-year guarantee period • "Tract 7982 Streambed Corridor Pathway Improvements along Gleason Drive from Lockhart Street to Fallon Road" • "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Gleason Drive to Palermo Way" • "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Palermo Way to Central Parkway" • "Tract 7982 Landscape Improvements along Lockhart Street eastern frontage from Palermo Way to Central Parkway" 2. The following Warranty Bonds issued by Safeco Insurance Company of America for the amounts and scope of work listed below be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 21st day of October, 2015 • $7,750.00 (Bond No. 6753805), for the "Tract 7982 Streambed Corridor Pathway Improvements along Gleason Drive from Lockhart Street to Fallon Road" • $7,750.00 (Bond No. 6753806), for the "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Gleason Drive to Palermo Way" • $17,250.00 (Bond No. 6753807), for the "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Palermo Way to Central Parkway" • $8,250.00 (Bond No. 6444643), for the "Tract 7982 Landscape Improvements along Lockhart Street eastern frontage from Palermo Way to Central Parkway" 2 3. The following original Faithful Performance and Labor & Materials Bonds issued by Safeco Insurance Company of America for the amounts and scope of work listed below be released • $31,000.00 (Bond No. 6753805), for the said "Tract 7982 Streambed Corridor Pathway Improvements along Gleason Drive from Lockhart Street to Fallon Road" • $31,000.00 (Bond No. 6753806), for the said "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Gleason Drive to Palermo Way" • $69,000.00 (Bond No. 6753807), for the said "Tract 7982 Streambed Corridor Pathway Improvements along Lockhart Street from Palermo Way to Central Parkway" • $33,000.00 (Bond No. 6753807), for the said "Tract 7982 Landscape Improvements along Lockhart Street eastern frontage from Palermo Way to Central Parkway" PASSED, APPROVED AND ADOPTED this 21st day of October, 2014, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor City Clerk 3