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HomeMy WebLinkAboutReso 177-14 Streambed Corridor Improv Tr 7982 RESOLUTION NO. 177 - 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: Page 1 of 3 • $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 p p tY 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" 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: Page 2 of 3 • $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: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None AfirICAJ4: Mayor ATTEST: avo City Clerk Reso No. 177-14,Adopted 10-21-14, Item 4.5 Page 3 of 3