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Home My WebLink About4.03 Fallon Vlg GHAD Accpt Improv Tr 8074 or 19 82 STAFF REPORT CITY CLERK CITY COUNCIL File #600-60 DATE: June 2, 2015 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager " SUBJECT: Acceptance of Improvements for Tract 8074; Approval of Regulatory Traffic Control Devices; and Approval of Improvements within Future Fallon Village GHAD Parcels Constructed with Tract Map 8074, Jordan Ranch (BJP-ROF Jordan Ranch, LLC) Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: BJP-ROF Jordan Ranch has constructed the improvements for Tract 8074, Jordan Ranch, in accordance with their Tract Improvement Agreement. It is now appropriate for the City to accept these improvements and approve the regulatory traffic control devices. Also, in accordance with their Tract Improvement Agreement for Tract 8074, BJP-ROF Jordan Ranch has completed construction of landscape and irrigation improvements within Parcel A of Tract Map 8074, Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853, all of which will ultimately be turned over to the Fallon Village Geologic Hazard Abatement District (CHAD) for ownership. It is now appropriate for the City to approve the improvements constructed within the future Fallon Village GHAD parcels. FINANCIAL IMPACT: BJP-ROF Jordan Ranch, LLC, has provided a Maintenance Bond (Bond No. 0582780) in the amount of $982,352.50, issued by International Fidelity Insurance Company, to guarantee the improvements associated with the Tract 8074 and improvements within future Fallon Village GHAD parcels constructed with Tract 8074, Jordan Ranch, for one year. Upon acceptance of the Tract 8074 improvements, the City will incur annualized maintenance costs estimated to be $38,700 for street sweeping and street lighting (monthly), slurry seal (every five years) and asphalt concrete pavement overlay (every 20 years). As part of the Tract Improvement Agreement for Tract 8074, BJP-ROF Jordan Ranch constructed landscape and irrigation improvements within Parcel A of Tract Map 8074, Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853, all of which have been reserved as a future Fallon Village GHAD parcels. Prior to transferring the GHAD parcels to the Fallon Village CHAD, BJP-ROF Jordan Ranch will be responsible for maintenance of the landscape and irrigation improvements within said future Fallon Village GHAD Parcels, including during the one-year warranty period. Once the GHAD parcels have been transferred from BJP-ROF Jordan Ranch to Fallon Village CHAD, the landscaping, trees, and irrigation constructed by BJP-ROF Jordan Ranch within the GHAD Page 1 of 4 ITEM NO. 4.3 parcels will be maintained by the Jordan Ranch HOA. There will be no future maintenance costs to the City associated with those improvements. RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Accepting Tract 8074 Improvements; Approving the Regulatory Traffic Control Devices for Tract 8074; and Approving the Improvements within future Fallon Village GHAD Parcels Constructed with Tract 8074, Jordan Ranch. ubmitte° By �� Reviewed By Public Works Director Assistant City Manager DESCRIPTION: BJP-ROF Jordan Ranch, LLC, entered into a Tract Improvement Agreement with the City of Dublin on June 5, 2012, for the construction of street and other tract improvements associated with Tract Map 8074. The improvements covered by this Tract Improvement Agreement also included landscape and irrigation improvements within Parcel A of Tract Map 8074, Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853, all of which have been reserved for future transfer to the Fallon Village Geologic Hazard Abatement District (CHAD). BJP-ROF Jordan Ranch, LLC, provided a Faithful Performance Bond and a Labor & Materials Bond to guarantee construction of the tract improvements for Tract Map 8074, and the improvements within the future Fallon Village GHAD parcels. In February 2014, because BJP-ROF Jordan Ranch, LLC, had completed approximately 80% of required improvements, City Council approved the partial release of the Faithful Performance Bond to an amount equal to twenty five percent (25%) of the original bond amount. Per the Plan of Control for the Fallon Village CHAD, before BJP-ROF Jordan Ranch, LLC may transfer a GHAD parcel and the management and maintenance requirements of that parcel to the Fallon Village CHAD, the improvements required to be constructed within the GHAD parcel must be approved by the City. BJP-ROF Jordan Ranch, LLC has recently completed the construction of both the required tract improvements associated with Tract Map 8074 and the improvements within the future Fallon Village GHAD Parcels constructed with Tract 8074, and is requesting that the bonds for this work be released. Page 2 of 4 ORIGINAL AMOUNTS REDUCED AMOUNTS Faithful Labor & Faithful Labor & IMPROVEMENTS Performance Materials Performance Materials STATUS Bond Bond Bond Bond (Bond No.) (Bond No.) (Bond No.) (Bond No.) Tract 8074 $982,352.50 Improvements (0582780 w/ $3,929,410 $3,929,410 $3,929,410 To Be and Improvements (0582780) (0582780) bond (0582780) Released within Parcel A of reduction Tract Map 8074 1 rider) BJP-ROF Jordan Ranch, LLC, has provided a Maintenance Bond in the amount of $982,352.50 (Bond No. 0582780) issued by International Fidelity Insurance Company. The bond amount is equal to twenty five percent (25%) of the full cost of completion of the improvements and is equivalent to the reduced Faithful Performance Bond amount approved by City Council in February, 2014. Prior to transferring the future Fallon Village GHAD parcels to the Fallon Village CHAD, BJP- ROF Jordan Ranch, LLC will be responsible for the maintenance of the landscape and irrigation improvements within these parcels constructed with Tract 8074, including during the one-year warranty period. Once the GHAD parcels have been transferred from BJP-ROF Jordan Ranch, LLC to the Fallon Village CHAD, the landscaping, trees, and irrigation located in the Fallon Village GHAD Parcels constructed with Tract 8074 will be maintained by the Jordan Ranch HOA. There will be no future maintenance costs to the City. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: A. "STOP" signs, markings and crosswalks installed at the following intersections: • La Vina Street near station 0+50 • Jordan Ranch Drive at the intersection of Valley Vista Drive and La Vina Street • Jordan Ranch Drive at the intersection of Vinton Avenue • Jordan Ranch Drive at the intersection of Avery Way • Avery Court at the intersection of Avery Way • Kinsley Street at the intersection of Vinton Avenue • Kinsley Street at the intersection of Avery Way • Avery Way at the intersection of Alta Terra Road B. Curve Warning with 10 MPH advisory speed signs on the following street: • North and South sides of Jordan Ranch Drive near Station 18+50 C. Curve Warning with 15 MPH advisory speed signs on the following street: • North and South sides of La Vina Street near Station 13+50 D. "NO PARKING" signs at the following streets: Page 3 of 4 • North and East sides of La Vina Street • South side of Jordan Ranch Drive near Station 18+00 NOTICING REQUIREMENTS/PUBLIC OUTREACH: A copy of this staff report has been sent to BJP-ROF Jordan Ranch, LLC. ATTACHMENTS: 1. Reduced Copy of Tract Map 8074 2. Resolution Accepting Improvements for Tract 8074; Approving the Regulatory Traffic Control Devices for Tract 8074; and Approving the Improvements within future Fallon Village GHAD Parcels constructed with Tract Map 8074, Jordan Ranch Page 4 of 4 7R,4cr R,4p Sv7g ^4P Sk Sal 65/ co E,Z ZFX cj WK E� z Z— IN, z-� vl* z z 17; z c) 12 1�IR tts '8 zz ---- IF e,6 -.2 I-ui� g d�5 v mo t P h C O-e4d'LloueH uepjor VLOS 1OV81 RESOLUTION NO. - 15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING TRACT 8074 IMPROVEMENTS; APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES FOR TRACT 8074; AND APPROVING THE IMPROVEMENTS WITHIN FUTURE FALLON VILLAGE GHAD PARCELS CONSTRUCTED WITH TRACT 8074, JORDAN RANCH WHEREAS, BJP-ROF Jordan Ranch, LLC, the developer of Tract 8074, previously entered into a Tract Improvement Agreement, dated June 5, 2012, City Council Resolution No. 71-12, with the City of Dublin, to complete improvements associated with Tract 8074, in accordance with plans on file with the City Engineer; and WHEREAS, with said Tract Improvement Agreement, the developer also agreed to construct landscape and irrigation improvements within future Fallon Village GHAD Parcels — Parcel A of Tract Map 8074, Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853; and WHEREAS, the developer provided Faithful Performance and Labor and Materials Bonds, each in the amount of $3,929,410.00 (Bond No. 0582780) issued by International Fidelity Insurance Company to guarantee the said Tract 8074 and future Fallon Village GHAD Parcel improvements; and WHEREAS, the developer subsequently completed more than 80% of the required Tract 8074 and future Fallon Village GHAD Parcel improvements in accordance with said plans, to the satisfaction of the City Engineer; and WHEREAS, the original Faithful Performance Bond was reduced by City Council Resolution No. 14-14 on February 18, 2014 to $982,352.50, equal to 25% of the original bond amount, to guarantee the installation of the remaining improvements; and WHEREAS, the Tract 8074 improvements are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, certain traffic regulatory devices have been installed as part of the Tract 8074 improvements; and WHEREAS, the improvements within the future Fallon Village GHAD Parcels — Parcel A of Tract Map 8074, Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853 — are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Faithful Performance Bond and Labor and Materials Bonds can be released, in accordance with the authority contained in Section 66499.7 of the Government 1 Code of the State of California, and replaced with a Maintenance Bond to guarantee the completed work for a one-year period; and WHEREAS, BJP-ROF Jordan Ranch, LLC, has provided a Maintenance Bond in the amount of $982,352.50 issued by International Fidelity Insurance Company (Bond No. 0582780) to guarantee the improvements for a one-year period; NOW, THEREFORE, BE IT RESOLVED that- 1. The tract improvements for Tract 8074 are hereby approved and accepted, subject to a one-year guarantee period. 2. The landscape and irrigation improvements within the future Fallon Village GHAD Parcels — Parcel A of Tract Map 8074 and Parcels C and I of Tract Map 8024, Parcel K of Tract Map 7855, and Parcels A and C of Tract Map 7853 — are hereby approved. 3. The submitted Maintenance Bond issued by International Fidelity Insurance Company (Bond No. 0582780) in the amount of $982,352.50 for the Tract 8074 Improvements and improvements within future Fallon Village GHAD parcels constructed with Tract 8074, be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 2nd day of June, 2016. 4. The original Faithful Performance Bond issued by International Fidelity Insurance Company (Bond No. 0582780 with bond reduction rider) in the amount of $982,352.50 for the Tract 8074 Improvements be released. 5. The original Labor and Materials Bond issued by International Fidelity Insurance Company (Bond No. 0582780) in the amount of $3,929,410.00 for the Tract 8074 Improvements be released in accordance with the requirements of §66499.7 of the Government Code of the State of California. 6. The traffic regulatory devices installed by the developer within the development are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: A. "STOP" signs, markings and crosswalks installed at the following intersections: • La Vina Street near station 0+50 • Jordan Ranch Drive at the intersection of Valley Vista Drive and La Vina Street • Jordan Ranch Drive at the intersection of Vinton Avenue • Jordan Ranch Drive at the intersection of Avery Way • Avery Court at the intersection of Avery Way • Kinsley Street at the intersection of Vinton Avenue • Kinsley Street at the intersection of Avery Way • Avery Way at the intersection of Alta Terra Road 2 B. Curve Warning with 10 MPH advisory speed signs on the following street: • North and South sides of Jordan Ranch Drive near Station 18+50 C. Curve Warning with 15 MPH advisory speed signs on the following street: • North and South sides of La Vina Street near Station 13+50 D. "NO PARKING" signs at the following streets: • North and East sides of La Vina Street • South side of Jordan Ranch Drive near Station 18+00 PASSED, APPROVED AND ADOPTED this 2nd day of June, 2015, by the following vote: AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk 3