HomeMy WebLinkAboutReso 48-15 Brannnigan St. Accept Improv RESOLUTION NO. 48 - 15
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING THE TRACT IMPROVEMENTS,
APPROVING THE TRAFFIC SIGNAL MODIFICATIONS AND APPROVING REGULATORY
TRAFFIC CONTROL DEVICES INSTALLED WITH TRACT 8093, BRANNIGAN SUBDIVISION
WHEREAS, Lennar Homes of California, Inc., a California Corporation, the developer of
Tract 8093, previously entered into a Tract Improvement Agreement dated February 19, 2013,
Resolution No. 15-13, with the City of Dublin, to complete tract improvements associated with
Tract 8093, including public improvements along Brannigan Street and traffic signal
modifications at the intersection of Gleason Drive and Brannigan Street, in accordance with
plans on file with the City Engineer; and
WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor
and Materials Bond, each in the amount of $864,000.00 to guarantee the installation of Tract
8093 private improvements; and
WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor
and Materials Bond, each in the amount of $144,000.00 to guarantee the installation of Tract
8093 public improvements; and
WHEREAS, the public and private improvements are now complete in accordance with
said plans, and any approved modifications thereto, to the satisfaction of the City Engineer, and
WHEREAS, the traffic signal modifications at the intersection of Gleason Drive and
Brannigan Street are complete in accordance with said plans and any approved modifications
thereto to the satisfaction of the City Engineer; and
WHEREAS, the Faithful Performance Bonds and Labor and Materials Bonds can be
released, in accordance with the authority contained in Section 66499.7 of the Government
Code of the State of California, "Manner of Release of the Security," and replaced with a
Maintenance Bond to guarantee the completed work for a one-year period; and
WHEREAS, Lennar Homes of California, Inc. has provided a Warranty Bond in the
amount of $216,000.00, issued by Platte River Insurance Company (Bond No. 387888M) to
guarantee the Tract 8093 private improvements for a one-year period; and
WHEREAS, Lennar Homes of California, Inc has provided a Warranty Bond in the
amount of $36,000.00, issued by RLI Insurance Company (Bond No. CMS0270318-M) to
guarantee the Tract 8093 public improvements for a one-year period; and
WHEREAS, the traffic signal modifications at the intersection of Gleason Drive and
Brannigan Street is a regulatory traffic control device.
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NOW, THEREFORE, BE IT RESOLVED that:
1. The private improvements for Tract 8093 are hereby approved and accepted
subject to a one-year guarantee period.
2. The submitted Warranty Bond issued by Platte River Insurance Company in the
amount of $216,000.00 (Bond No. 387888M) for the private improvements for
Tract 8093, 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 April, 2016.
3. The original Faithful Performance Bond issued by Developers Surety and
Indemnity Company (Bond No. 387888S) in the amount of $864,000.00 for the
Tract 8093 private improvements be released.
4. The original Labor and Materials Bond issued by Developers Surety and
Indemnity Company (Bond No. 387888S) in the amount of $864,000.00 for the
Tract 8093 private improvements be released in accordance with the requirements
of Section 66499.7 of the Government Code of the State of California.
5. The public improvements for Tract 8093 are hereby approved subject to a one-
year guarantee period.
6. The submitted Warranty Bond issued by RLI Insurance Company in the amount of
$36,000.00 (Bond No. CMS0270318-M) for the public improvements for Tract
8093, 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 April, 2016.
7. The original Faithful Performance Bond issued by RLI Insurance Company (Bond
No. CMS0270318) in the amount of $144,000.00 for the Tract 8093 public
improvements be released.
8. The original Labor and Materials Bond issued by RLI Insurance Company (Bond
No. CMS0270318) in the amount of $144,000.00 for the Tract 8093 public
improvements be released in accordance with the requirements of Section
66499.7 of the Government Code of the State of California.
9. The regulatory traffic control devices installed by the developer within the City's
right-of-way are hereby included in the City of Dublin Traffic Code, and said
regulatory devices to include the following:
• Traffic signal modifications at the intersection of Gleason Drive and
Brannigan Street
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PASSED, APPROVED AND ADOPTED this 21st day of April, 2015, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert
NOES: None
ABSENT: None
ABSTAIN: None
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Mayor
ATTEST:
!?
City Clerk
Reso No.48-15,Adopted 4-21-15, Item 4.3 Page 3 of 3