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HomeMy WebLinkAbout4.3 California Vista Accept Work Tr 5410y i0-50 to 00- (a0 CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: June 13, 1988 SUBJECT: Acceptance of Improvements Tract 5410 (California Vista) EXHIBITS ATTACHED: 1) Resolution 2) Location Maps RECOMMENDATION: 1) Adopt Resolution to accept the work completed. 2) Authorize Staff to accept maintenance bond at a future date. FINANCIAL STATEMENT: A maintenance bond in the amount of $395,200 to guarantee against defects will be provided to the City. Interior streets are private and will not incur sweeping or other City street maintenance costs. DESCRIPTION: This project was developed by Kaufman and Broad and consists of 129 residential multi -family townhouse units in the development known as "California Vista." Improvements in Tract 5410 have been inspected by the City Engineer and determined to be complete. At the time the City and the subdivider executed the contract for the Tract improvements, the subdivider was required to provide a performance bond in the amount of $1,580,800 to provide the necessary security for the performance of the work involved. As the work is now completed, the performance security requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the Government Code, to an amount necessary to guarantee maintenance of the work for a one-year period following acceptance of the work. The subdivider will provide a new maintenance bond in the amount of $395,200, which is 25% of the original bond required, and which is sufficient to cover the one-year maintenance guarantee period, at a future date. As this subdivision was in both incorporated and unincorporated areas of Dublin, both Alameda County and the City of Dublin were involved in the agreement to complete improvements and the bonds to secure these improvements. Once the City Council accepts these improvements as being complete, and maintanence bonds have been received, Staff will notify the County to release the performance bonds. ---------------------------------------------------------------------------- ITEM NO. ♦ COPIES TO: Kaufman and Broad a o RESOLUTION NO. 77 -88 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN FOR THE ACCEPTANCE OF IMPROVEMENTS, TRACT 5410 (California Vista) WHEREAS, the owner-subdivider of the aforesaid Tract previously entered into a contract with the City of Dublin to improve said Tract in accordance with plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider: Kaufman and Broad b) Tract Location: Silvergate Drive and Rolling Hills Drive c) Tract Size: 129 Residential multi-family townhouse lots d) Resolution Approving Final Map: 85-86, City Council of Dublin e) City Streets Affected: None (private street) WHEREAS, said improvements have been completed in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City of Dublin; and WHEREAS, as a condition of said contract, the subdivider is required to guarantee the improvements and to maintain the completed work for a period of one year following acceptance of the work by the said City of Dublin; and WHEREAS, as the improvements are now completed, the original performance bond security requirement can be reduced, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, to an amount found necessary to guarantee maintenance of the completed work for the aforesaid one-year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements completed within the said tract be, and they are hereby approved and accepted subject to the aforesaid one-year guarantee; and 2. The aforesaid original performance bond security requirement be reduced from the amount of $1,580,800 to a revised security requirement in the amount of $395,200 upon acceptance by Staff of the replacement maintenance bond in the said amount of $395,200 as security for the aforesaid one-year guarantee period, and the Mayor of this City Council be, and she is hereby authorized and directed to execute the said bond on behalf of the said City of Dublin; and 3. The said original performance bond in the amount of $1,580,800 posted in connection with the work involved in the construction of said Tract be hereby released upon acceptance of said maintenance bond. PASSED, APPROVED, AND ADOPTED this 13th day of June, 1988. 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CALIFORNIA - A SUBDIVISION OF LOT 1 OF TRACT 4859 (147 M 55) - AND LOT 6 OF TRACT 5003 (147 M 98) JUNE 1986 SCALE 1 '= l00' FERGUSON & WOLLMAN CONSULTING ENGINEERS. INC. PLEASANT HILL. CALIFORNIA. . • . 'a az _ 0 NTs: 1, SITE ��N ilz 06 L___ ‘''',„: - . 9 . \•k.., . "\ 5 vow/ m ,,, 0 .4 „\ % 9.6c>-') -. Lb • \ ic,--. ,a4, .... 1 0 o_ s__ , -4M4 a c.c . ( . vm . ` ` - ti � ppPERnite a A ti 0 I r+• // �a� i�N __ . tl • ....L.. ,./ BASIS OF BEARINGS : � ' 1 .' THE MONUMENT LINE OF SI[YERGAif DRIVE (/ • TAKEN AS N 12'44'36' V AS SHOWN ON THE YAP OF SUBDIVISION TRACT 5003 1147 Y 981 V/C/N/TV MAC pg § a,_,. . , _ riaB . • . AU:s. 11.,d „,,, , r ,_