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HomeMy WebLinkAboutReso 005-01 DubRanFinMapTr7148RESOLUTION NO. 5 - 01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING FINAL MAP FOR TRACT 7148 (DUBLIN RANCH, DR ACQUISITIONS II, LLC) WHEREAS, the Final Map for Tract 7148, in the incorporated territory of the City of Dublin, State of California, has been presented to this City Council for approval, all in accordance with provisions of the Subdivision Map Act of the State of California and the City of Dublin Municipal Code; and WHEREAS, the Developer, DR Acquisitions II, LLC, successor to the Lin Family, has executed and filed with the City of Dublin a contract to improve Tract 7148 in accordance with the Final Map of said Tract 7148, the Tract improvement plans and specifications attached thereto; and WHEREAS, said agreement is secured by letter of credit in the amount of $ 7,371,160. Required improvements include: Keegan Street, Finnian Way, Maguyre Way, Chancery Lane, frontage improvements to Dublin Boulevard and Central Parkway improvements, of which $4,914, 105 for said improvements is conditioned upon faithful performance of said contract, and $2,457,052 for said improvements for the benefit of laborers and materials upon the work and improvements, conditioned upon payment for labor performed or material furnished under the terms of said contract; NOW, THEREFORE, BE IT RESOLVED that said agreement and Letter of Credit be and they are hereby approved. BE IT FURTHER RESOLVED that the Final Map of Tract 7148 be and the same is hereby approved, and that rights to the area marked as the following Lane: Chancery; the areas marked as the following Ways: Finnian and Maguire; the area marked as the following Parkway: Central; the area marked as the following Boulevard: Dublin; and the areas marked as the following Streets: Brannigan and Keegan; and those strips of land marked as Public Service Easement (P. S.E.), Emergency Vehicle Access Easement (E.V.A.E.), Storm Drain Easement (S.D.E.), and Parcel 7 (neighborhood park), offered for dedication to public use in conformity with the terms of dedication be, and they are hereby accepted; subject to improvement and that the Clerk of this City Council be and is hereby directed to transmit said Map to the County Recorder for filing. PASSED, APPROVED AND ADOPTED this 16th day of January, 2001. AYES: Councilmembers Lockhart, McCormick, Oravetz, Zika and Mayor Houston NOES: None K2/G/1-16-01/reso-7148.;Item 4.14) g:\develop\dublin ranch area GXreso7 14g Mayor