HomeMy WebLinkAboutReso 75-15 Jordan Ranch Tr 8100 Accpt Improvmts RESOLUTION NO. 75 - 15
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING CENTRAL PARKWAY IMPROVEMENTS WITH TRACT 8100; APPROVING THE
REGULATORY TRAFFIC CONTROL DEVICES; AND APPROVING THE IMPROVEMENTS
WITHIN FUTURE FALLON VILLAGE GHAD PARCELS CONSTRUCTED WITH CENTRAL
PARKWAY IMPROVEMENTS TRACT 8100, JORDAN RANCH
WHEREAS, BJP-ROF Jordan Ranch, LLC, the developer of Tract 8100, previously
entered into a Tract Improvement Agreement, dated August 20, 2013, City Council Resolution
No. 139-13, with the City of Dublin, to complete improvements associated with Tract 8100,
including but not limited to Central Parkway Improvements and landscape and irrigation
improvements within future Fallon Village Geologic Hazard Abatement District (GHAD) Parcels,
Parcels F and I of Tract 8024, in accordance with plans on file with the City Engineer; and
WHEREAS, the developer previously completed more than 80% of the required
improvements, in accordance with said plans, to the satisfaction of the City Engineer; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $1,107,247.00, which is 25% the bond estimate for the full cost of
improvements, (Bond No. 0591507) issued by International Fidelity Insurance Company to
guarantee the construction of these improvements; and
WHEREAS, the Central Parkway 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 Central
Parkway improvements with Tract 8100; and
WHEREAS, the landscape and irrigation improvements within the future Fallon Village
GHAD Parcels, Parcel F and I of Tract Map 8024, 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
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 $1,107,247.00 issued by International Fidelity Insurance Company (Bond No.
0591507) to guarantee the improvements for a one-year period.
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NOW, THEREFORE, BE IT RESOLVED that:
1. The Central Parkway improvements for Tract 8100 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 F and Parcel I of Tract Map 8024, are hereby approved.
3. The submitted Maintenance Bond issued by International Fidelity Insurance
Company (Bond No. 0591507) in the amount of $1,107,247.00 for the Central
Parkway improvements and improvements within future Fallon Village GHAD
Parcels constructed with Tract 8100, 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. 0591507) in the amount of $1,107,247.00 for the
improvements, be released.
5. The original Labor and Materials Bond issued by International Fidelity Insurance
Company (Bond No. 0591507) in the amount of $1,107,247.00 for the
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 intersection of Central
Parkway and Panorama Drive
B. Crosswalks at the intersection of Central Parkway and Sunset View Drive.
C. Traffic Signal at the intersection of Central Parkway and Sunset View Drive.
D. Traffic Signal Modifications at the intersection of Central Parkway and Fallon
Road.
E. "NO PARKING" signs at the following locations:
• North and South sides of Central Parkway from Fallon Road east to Sunset
View Drive
• North and South sides of Central Parkway from the eastern property line of
Tract 8100 east to Croak Road
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PASSED, APPROVED AND ADOPTED this 2nd day of June, 2015, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Wehrenberg, and Mayor Haubert
NOES: None
ABSENT: Councilmember Hart
ABSTAIN: None
(J
04
Mayor
ATTEST:
City C erk
Reso No. 75-15,Adopted 6-2-15, Item 4.2 Page 3 of 3