Loading...
HomeMy WebLinkAbout4.10 DubGreene Tr7084 AIsecurities. The developer has requested that the City accept the public street improvements that have been fully completed as required by the Tract Developer Agreement. The developer has completed various off-site improvements, such as the widening of Dublin Boulevard, Central Parkway, Glynnis Rose Drive, and on-site streets valued at $9,864,810. In accordance with the authority contained in Section 66499.7 of the Government Code, the performance security requirement for the work that is complete can now be reduced to an amount necessary to guarantee maintenance of the improvements for a one-year period following acceptance of the work. The developer has provided a new maintenance bond in the amount of $2,466,202.50, which is 25% of the original bond required and sufficient to cover the maintenance guarantee period of one year from the date of acceptance of the improvements. Staff recommends that Council adopt the Resolution to accept the work as complete on Tract 7084, Dublin Greene (Toll Brothers), release the Performance bond in the amount of $9,864,810 and accept a maintenance bond in the amount of $2,466,202.50. 2 RESOLUTION NO. - O1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 7084, DUBLIN GREENE (TOLL BROTHERS) 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: b) Tract Location: c) Tract Size: d) Final Map: e) City Streets Affected: Toll Brothers Bounded by Tassajara Creek on the west, Dublin Boulevard on the south, Central Parkway on the north, and Tassajara Road on the east 100 Single-Family Lots Approved by City Council of Dublin on August 17, 1999 Dublin Boulevard, Central Parkway, Glynnis Rose Drive, Bangor Court, Belcarra Court, Roscommon Way, Foxford Way, and O'Ryan 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, 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; WHEREAS, as 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: The improvements completed within the said Tract be, and they are hereby approved and accepted subject to the aforesaid one-year guarantee; and The said original performance bonds in the amounts of $9,864,810 posted in connection with the work involved in the construction of said Tract be released upon acceptance of said maintenance bond in the amount of $2,466,202.50. The remainder of the bonds posted for landscape improvements, the Vineyard Recreation Area and the Neighborhood Park will .be will be released upon satisfactory completion and acceptance of said improvements. PASSED, APPROVED AND ADOPTED this 20th day of February, 2001. AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor City Clerk g.' deve lop ~ toIlbros ~resoacceptance 7084 2 I V~CiNITY MAP '3'" FOR SIIEEr INDEX. SEE SItEET 3 ~ ~n',s f fi75 ~t~ ~O ' I ~. .............. ~..]- ' , . - ~~ · AB 65698 , , ~ . -- ' ' ' .... - ...... ~ / ..... ~-..' ,..L_ ,- ..... . . ' . 24~ PM ~ . <,,~.,. ,,,,-~- BOUNDARY MAP " NOr Io O 200 400 800 NOTES: I. N/MONUMENT ~ TI~S ARI~ AT RIVal TO ~ U~NT ~ ~SS O~R~ HO~D, BASIS OF, BEARINGS ~ gt~O NOlq3'15'~ ~ '~ g~tel TASS~ARA ROAD AS ~ ~ RE~ NO. 38~. ~ ~T~ER 28. 1970 N ~ ~ AT PA~5 27-2~. ~A C~IY WAS U~D ~ ~t 9~S ~ BriNGS F~ Ms U~. LEGEND ~ACI 6~ART LOT ~ i~S~ LOT Sl~O R~ ~5281 r~ M~NT, STAUP[D AS NO~O g~l TO HE ~l ~R P~t [~R~y ~ AC~SS [A~UEHI WA~ [A~NT SA~T~Y ~R EA~UENT P~VA~ St~ OR~ tA~I ~VAE AC~S$ [ASt~Nl (u-u) U~nt 10 U~tN1 (R} RAO~ TRACT ?084 DUBLIN GREENE A SUBDI~ION OP ~EL t P~tL MAP ~ __ lgg_ IN ~K __ or PA~ NA~ AT PAGE __ ~a COUNIY CITY or DUBUH ALAMEDA COUNTY, CAUFORNIA RUGQERI-JENSEH-AT, AR & ASSOCIATES CIVIL ENO!~IEERS, PLANNElL% SURVEYORS PL~f~ANTOl{ CAUFOR~IA IUl.r Io~ JOB NO: ~81113 T; or II SBt[T$