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HomeMy WebLinkAboutReso 025-01 DubGreen AIRESOLUTION NO. 25 - 01 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 20m day of February, 2001. AYES: Councilmembers Lockhart, McCormick, Oravetz, Zika and Mayor Houston NOES: None ATTEST: AB SENT: None ABSTAIN: None Mayor K2/G/2-20-01/reso-tract7084.doc (Item 4.10) g: develop \tollbros lresoacceptance 7084