HomeMy WebLinkAboutItem 3.3 Tr 4236 Accept Improvements CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE : March 14 , 1983
SUBJECT Acceptance of Work - Tract 4236
Substitution of Performance Bond
EXHIBITS ATTACHED Resolution; Location Map
RECOMMENDATION Adopt resolution to: 1 ) accept the work completed in
Tract 4236 , and 2 ) authorize the execution and
substitution of a performance bond in the amount of
$155 , 000 in connection with the guarantee of work
performed in Tract 4236 .
FINANCIAL STATEMENT: City Manager has bonds for $155 , 000 to guarantee
against defects for one year.
No immediate maintenance costs other than street
lights and sweeping.
DESCRIPTION All work in connection with the subject tract has been
completed in accordance with the terms of the subdivision contract, and
acceptance of the work is now in order. The original approvals and
inspection was performed under County of Alameda jurisdiction and personnel .
Pertinent information concerning the tract is as follows :
a. Subdivider: A. E. Realty Partners, a California General Partnership
b. Tract location: Adjacent northeasterly to Hansen Drive, southwesterly
adjacent to Amarillo Court and 200 ' + northeasterly from
Dublin Boulevard
C . Tract size : 16 . 6+ acres containing 95 lots
d. Resolution approving Final Map: 185510 (Alameda County)
e . City streets affected: Shadow Drive, Shadow Place, Castle Drive, Betlen
Drive, Kingston Place, Castle Court
At the time the County and the subdivider executed the contract for the
Tract improvements, the subdivider was required to post a performance bond
in the amount of $620 , 000 to provide the necessary security for the
performance of the work involved. As the work is now completed, the
performance security requirement can be reduced, in accordance with the
authority contained in Section 66499 . 7 of the Government Code, to an amount
necessary to guarantee maintenance of the work for a one-year period
following acceptance of the work. The subdivider has provided a new
performance bond in the amount of $155, 000 which is 25% of the original bond
required, and which is sufficient to cover the one-year maintenance
guarantee period. New performance bond forms have been received, and are in
order for acceptance by the City Council and execution by the Mayor .
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COPIES TO: Paul Maderos, Ponderosa Homes
ITEM NO. �J
RESOLUTION NO. - 83
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 4236
WHEREAS, the owner-subdivider of the aforesaid tract previously
entered into a contract with the County of Alameda to improve the said tract
in accordance with plans and specifications on file with the Director of
Public Works of the said County of Alameda, said tract identified as
follows :
a. Subdivider: A. E. Realty Partners, a California General Partnership
b. Tract location: Adjacent northeasterly to Hanson Drive, southwesterly
.adjacent to Amarillo Court and 2001 + northeasterly from
Dublin Boulevard, Pleasanton Township
C . Tract size : 16 . 6+ acres containing 95 lots
d. Resolution approving Final Map: 185510 (Alameda County)
f
e. City streets affected: ' Shadow Drive, Shadow Place, Castle Drive, Betlen
Drive, Kingston Place, Castle-Court; and
WHEREAS, said improvements have been completed in accordance with
j said plans and specifications , and any approved modifications thereof, to
the satisfaction of. said Director of Public Works of the County and the City ,
Engineer; and
WHEREAS, as a condition of said contract, the 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; and
WHEREAS, as the tract work is now completed, the original
performance bond security requirement can be reduced, in accordance with the
authority contained in S'ection 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 :
1 . The improvements completed within the said tract be and they
are hereby approved and accepted subject to the aforesaid one-year
guarantee;
2 . The aforesaid original performance bond security requirement
be and it is hereby reduced from the amount of $620 , 000 to a revised
security requirement in the amount of $155, 000 and the replacement
performance bond in the said amount of $155, 000 be and it is .hereby accepted
as security for the aforesaid one-year guarantee period, and the Mayor of .
this City Council be and he is hereby authorized and directed to execute the
said bond in quadruplicate on behalf of the said City of Dublin; and
3 . That the said original performance bond in the amount of
$620 , 000 posted in connection with the work involved in the construction of
the said tract be and it is hereby released in full .
PASSED, APPROVED AND ADOPTED this 14th day of March, 1983 , by the
following vote :
AYES :
NOES :
ABSENT:
Mayor
ATTEST:
City Clerk
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