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HomeMy WebLinkAboutReso 229-03 Acpt Imp Strm Dran Lne BRESOLUTION NO. 229 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF IMPROVEMENTS FOR STO~ DRAIN L~E "B" IN DUBLIN RANCH, AREA "I-I" WHEREAS, the Lin Family entered into an Improvement Agreement on October 7, 2003, with the City of Dublin to construct storm drain improvements in Dublin Ranch, Area "H", in accordance with the plans entitled, Dublin Ranch Area H-Grading and Storm Drain Improvements, Phase 1, prepared by MacKay & Somps, approved by the City Engineer on August 12, 2003, and consisting of 7 sheets; and WHEREAS, the improvements associated with the Area H Storm Drain Line "B" are complete in accordance with said plans, and any approved modifieati°ns thereto, to the satisfaction of the City Engineer; and WHEREAS, the Lin Family has executed an Easement Grant Deed to the City of Dublin for Storm Drain Line "B'; and WItEREAS, the Performance Bond and Labor and Materials Bond can ~ fei.eased., in ac, cord, aneC~ with the authority contained in §66499.7 of the Gove~ent Code Qf be State 9~ Cal!f°nua' ana rep!ac with a Maintenance Bond to guarantee the completed work for a one-year period following acCep~ce; and WHEREAS, the Lin Family has provided a Maintenance Bond to guarantee the completed work for a one-year period; NOW, 1. L4. THEREFORE, BE IT RESOLVED that: The improvements completed with said project are hereby approved and accepted subject to a one-year guarantee period; and The original Performance Bond issued by Insco-Insurance Services, Inc., (Bond No. 553986S) in the amount of $485,700.00 be released; and The original Labor and Materials Bond issued by Insco Insurance Services, Inc., (Bond No. 553986S) in the amount of $485,700.00 be released; and The submitted Maintenance Bond issued by Insco Insurance Services, Inc., (Bond No. 553986S) in the amount of $121,000'00 be accepted as Security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 2nd day of December, 2004. PASSED, APPROVED AND ADOPTED this 2nd day of December, 2003. AYES: NOES: ABSENT: ABSTAIN: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart None None None ATTEST: K2/G/12.2-O3/reso-stormdrain.doc (Item 4.3) G:~DEVELOP~Dublin Ranch~INFRASTRUCTLrREXArea H Grading & SD Line B~Reso acpt imps 120203.doc 2