HomeMy WebLinkAbout4.10 Emerald Vista Accpt Improvmt or
19 82 STAFF REPORT CITY CLERK
CITY COUNCIL File #600-60
DATE: July 21, 2015
TO: Honorable Mayor and City Councilmembers
FROM: Christopher L. Foss, City Manager "
SUBJECT: Acceptance of Tract Improvements and Approval of Regulatory Traffic Control
Devices for Tracts 7943, 8069 and 8070, Emerald Vista (KB Home Arroyo Vista,
LLC)
Prepared by Jayson Imai, Senior Civil Engineer
EXECUTIVE SUMMARY:
KB Home Arroyo Vista, LLC (KB Home) has constructed the improvements for Tracts 7943,
8069 and 8070, Emerald Vista, in accordance with the Tract Improvement Agreements for the
respective tracts. It is now appropriate for the City to accept these improvements and approve
the regulatory traffic control devices.
FINANCIAL IMPACT:
KB Home has provided Warranty Bonds (Bond Nos. SU1110292-M, 1102793, and 1102494) in
the amounts of $996,650.00 (issued by Arch Insurance Company), $136,750.00 and
$145,250.00 (both issued by Lexon Insurance Company) to guarantee, for one year, the public
and private improvements associated with Tracts 7943, 8069 and 8070, respectively. Upon
acceptance of the improvements, the City will incur annualized maintenance costs estimated to
be $22,772.00 for street sweeping and street lighting (monthly), slurry seal (every five years)
and asphalt concrete pavement overlay (every 20 years).
RECOMMENDATION:
Staff recommends that the City Council adopt the Resolution Accepting the Improvements and
Approving the Regulatory Traffic Control Devices for Tract 7943, Tract 8069 and Tract 8070,
Emerald Vista.
"ubmitted By Reviewed By
Public Works Director Assistant City Manager
DESCRIPTION:
Pagel of 4 ITEM NO. 4.10
The Final Map for Tract 7943 (Attachment 1) created large-lot parcels which have subsequently
been subdivided with Tracts 8069 and 8070 (Attachments 2 and 3) to create a community of
378 residential units. The total project, originally named Arroyo Vista but later renamed as
Emerald Vista, consists of 198 market rate and 180 affordable units.
KB Home Arroyo Vista, LLC (KB Home) entered into a Tract Improvement Agreement for Tract
7943 with the City of Dublin on May 3, 2011 for the construction of street and other tract
improvements for Emerald Vista. These improvements included construction of Monterey Way,
South Mariposa Lane, South Mariposa Court, North Mariposa Lane, North Mariposa Court,
Mariposa Circle, Ventura Way and improvements on Dougherty Road.
KB Home subsequently entered into Tract Improvement Agreements for Tract 8069 and Tract
8070 with the City of Dublin on January 17, 2012, for the construction of street and other tract
improvements associated with the respective tracts. These improvements included construction
of the private streets internal to Tract 8069 and Tract 8070.
KB Home provided Faithful Performance Bonds and Labor & Materials Bonds to guarantee
construction of the tract improvements for Tracts 7943, 8069 and 8070.
The tract improvements are now complete and the developer is requesting that the bonds for
this work be released.
BOND AMOUNTS
IMPROVEMENTS Faithful Performance Labor & Materials STATUS
Bond Bond
(Bond No.) (Bond No.)
Tract 7943 $3,866,000.00 $3,866,000.00
Public (SU 1110292) (SU 1110292) To Be Released
Improvements
Tract 8069 $547,000.00 $547,000.00
Tract (5040282) (5040282) To Be Released
Improvements
Tract 8069 $973,923.21 $973,923.21
Landscape (5040281) (5040281) To Be Released
Improvements
Tract 8070 $581,000.00 $581,000.00
Tract (5040283) (5040283) To Be Released
Improvements
Tract 8070 $1,121,214.35 $1,121,214.35
Landscape (5040284) (5040284) To Be Released
Improvements
KB Home has provided Warranty Bonds (Bond Nos. SU1110292-M, 1102793, and 1102494) in
the amounts of $996,650.00 (issued by Arch Insurance Company), $136,750.00, and
$145,250.00 (both issued by Lexon Insurance Company) to guarantee, for one year, the public
and private improvements associated with Tract 7943, Tract 8069 and Tract 8070, respectively.
The warranty bond amounts are equal to twenty five percent (25%) of the full cost of completion
of the respective improvements.
Page 2 of 4
Because the landscape improvements originally bonded for with Tracts 8069 and 8070 are
limited to private areas internal to the respective tracts, the City will not require KB Home to
provide Warranty Bonds to guarantee the landscape improvements installed with Tracts 8069
and 8070.
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 and markings installed at the following intersections:
• On Monterey way at Dougherty Road.
• On Monterey Way at South Mariposa Lane.
• On South Mariposa Court at Monterey Way.
• On South Mariposa Lane at Monterey Way.
• On South Mariposa Lane at Mariposa Circle.
• On Mariposa Circle at South Mariposa Lane.
• On Ventura Way at Dougherty Road.
• On Ventura Way at North Mariposa Lane.
• On North Mariposa Lane at Ventura Way.
• On North Mariposa Court at Ventura Way.
B. "NO PARKING" signs installed along
• 3 On Ventura Way between North Mariposa Court and Existing Dougherty Road.
• 6 On Mariposa Circle between North Mariposa Lane and South Mariposa Lane.
• 4 On Mariposa Circle between South Mariposa Lane and Dougherty Road.
• 4 On Monterey Way between South Mariposa Court and Dougherty Road.
C. "25 MPH" signs installed along:
• On Monterey Way between South Mariposa Lane and Existing Dougherty Road.
• On South Mariposa Lane between Monterey Way and Mariposa Circle.
• On Mariposa Circle between South Mariposa Lane and Dougherty Road.
• On North Mariposa Lane between Mariposa Circle and Ventura Way (2 signs).
• On Ventura Way between North Mariposa Lane and Dougherty Road.
D. Turn Only Sign
• On Monterey Way between South Mariposa Lane and Dougherty Road.
• On Mariposa Circle at South Mariposa Lane.
• On Mariposa Circle between South Mariposa Lane and North Mariposa Lane.
• On Ventura Way between North Mariposa Lane and Existing Dougherty Road
• On North Mariposa Lane between Mariposa Circle and Ventura Way.
NOTICING REQUIREMENTS/PUBLIC OUTREACH:
A copy of this staff report has been sent to KB Homes.
1. ATTACHMENTS: 1. Reduced Copy of Tract 7943 Final Map
2. Reduced Copy of Tract 8069 Final Map
3. Reduced Copy of Tract 8070 Final Map
Page 3 of 4
4. Resolution for the Acceptance of Tract Improvements and
Approval of Regulatory Traffic Control Devices for Tract 7943,
Tract 8069 and Tract 8070, Emerald Vista
Page 4 of 4
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RESOLUTION NO. - 15
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING THE IMPROVEMENTS AND
APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES
FOR TRACT 7943, TRACT 8069 AND TRACT 8070, EMERALD VISTA
WHEREAS, KB Home Arroyo Vista, LLC, the developer of Tract 7943, Tract 8069 and
Tract 8070, previously entered into Tract Improvement Agreements dated May 3, 2011
(Resolution No. 55-11) and January 17, 2012, (Resolution Nos. 4-12 and 3-12) with the City of
Dublin, to complete improvements associated with Tract 7943, Tract 8069 and Tract 8070,
respectively, in accordance with plans on file with the City Engineer; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $3,866,000.00 (Bond No. SU1110292) issued by Arch Insurance
Company to guarantee the installation of Tract 7943 public improvements; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $547,000.00 (Bond No. 5040282) issued by Bond Safeguard
Insurance Company to guarantee the installation of Tract 8069 tract improvements; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $973,923.21 (Bond No. 5040281) issued by Bond Safeguard
Insurance Company to guarantee the installation of Tract 8069 private landscape
improvements; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $581,000.00 (Bond No. 5040283) issued by Bond Safeguard
Insurance Company to guarantee the installation of Tract 8070 tract improvements; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds, each in the amount of $1,121,214.35 (Bond No. 5040284) issued by Bond Safeguard
Insurance Company to guarantee the installation of Tract 8070 private landscape
improvements; and
WHEREAS, the 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
improvements; 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, and may be replaced with Warranty Bonds to guarantee the
completed work for a one-year period; and
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WHEREAS, KB Home has provided a Warranty Bond in the amount of $966,500.00,
issued by Arch Insurance Company (Bond No. SU1110292-M) to guarantee the public tract
improvements for Tract 7943 for a one-year period; and
WHEREAS, KB Home has provided a Warranty Bond in the amount of $136,750.00,
issued by Lexon Insurance Company (Bond No. 1102493) to guarantee the tract improvements
for Tract 8069 for a one-year period; and
WHEREAS, KB Home has provided a Warranty Bond in the amount of $145,250.00,
issued by Lexon Insurance Company (Bond No. 1102494) to guarantee the tract improvements
for Tract 8070 for a one-year period; and
WHEREAS, Warranty Bonds are not required to guarantee the private landscape
improvements within Tract 8069 and 8070;
NOW, THEREFORE, BE IT RESOLVED that-
1. The tract improvements for Tract 7943, Tract 8069 and Tract 8070 are hereby
approved and accepted subject to a one-year guarantee period.
2. The private landscape improvements for Tract 8069 and Tract 8070 are hereby
approved.
3. The submitted Warranty Bond issued by Arch Insurance Company in the amount
of $966,500.00 (Bond No. SU1110292-M) for the tract improvements for Tract
7943 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 July, 2016.
4. The original Faithful Performance Bond (Bond No. SU1110292) in the amount of
$3,866,000.00 for the Tract 7943 public tract improvements be released.
5. The original Labor and Materials Bond (Bond No. SU1110292) in the amount of
$3,866,000.00 for the Tract 7943 public improvements be released in accordance
with the requirements of Section 66499.7 of the Government Code of the State of
California.
6. The submitted Warranty Bond issued by Lexon insurance Company in the amount
of $136,750.00 (Bond No. 1102493) for the tract improvements for Tract 8069 be
accepted as security for the aforesaid one-year warranty period, said period to
commence on this date and terminate on the 22nd day of July, 2016.
7. The original Faithful Performance Bond (Bond No. 5040282) in the amount of
$547,000.00 for the Tract 8069 improvements be released.
8. The original Labor and Materials Bond (Bond No. 5040282) in the amount of
$547,000.00 for the Tract 8069 improvements be released in accordance with the
requirements of Section 66499.7 of the Government Code of the State of
California.
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9. The original Faithful Performance Bond (Bond No. 5040281) in the amount of
$973,923.21 for the Tract 8069 private landscape improvements be released.
10. The original Labor and Materials Bond Bond No. 5040281) in the amount of
$973,923.21 for the Tract 8069 private landscape improvements be released in
accordance with the requirements of Section 66499.7 of the Government Code of
the State of California.
11. The submitted Warranty Bond issued by Lexon Insurance Company in the amount
of $145,250.00 (Bond No. 1102494) for the tract improvements for Tract 8070 be
accepted as security for the aforesaid one-year warranty period, said period to
commence on this date and terminate on the 22nd day of July, 2016.
12. The original Faithful Performance Bond (Bond No. 5040282) in the amount of
$547,000.00 for the Tract 8070 tract improvements be released.
13. The original Labor and Materials Bond (Bond No. 5040282) in the amount of
$547,000.00 for the Tract 8070 improvements be released in accordance with the
requirements of Section 66499.7 of the Government Code of the State of
California.
14. The original Faithful Performance Bond (Bond No. 5040281) in the amount of
$1,121,214.35 for the Tract 8070 private landscape improvements be released.
15. The original Labor and Materials Bond (Bond No. 5040281) in the amount of
$1,121,214.35 for the Tract 8070 private landscape improvements be released in
accordance with the requirements of Section 66499.7 of the Government Code of
the State of California.
16. 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 and markings installed at the following intersections:
• On Monterey way at Dougherty Road
• On Monterey Way at South Mariposa Lane
• On South Mariposa Court at Monterey way
• On South Mariposa Lane at Monterey way
• On Mariposa Circle at Existing Dougherty Road
• On South Mariposa Lane at mariposa Circle
• On mariposa Circle at Existing Dougherty Road
• On Mariposa Circle at South Mariposa Lane
• On Ventura Way at Existing Dougherty Road
• On Ventura Way at North Mariposa lane
• On North Mariposa Lane at Ventura way
• On North Mariposa Court at Ventura Way
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B. "NO PARKING" signs installed along
• Monterey Way on the north & south side of the street between South
Mariposa Lane & Dougherty Road.
• Mariposa Circle on the Eastside & Westside of the street between South
Mariposa Lane & North Mariposa Lane.
• Mariposa Circle on the north side & south side of the street to North
Mariposa Lane.
C. "25 MPH" signs on
• South Mariposa Lane between South Mariposa Court & Mariposa Circle.
• North mariposa Lane between North Mariposa Court & North Mariposa
Circle
PASSED, APPROVED AND ADOPTED this 21st day of July 21, 2015, by the following
vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST:
City Clerk
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