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HomeMy WebLinkAbout4.04 Jordan Ranch Tr 8024 Acct Imprvor 19 82 /ii � 111 DATE: TO: FROM: SUBJECT STAFF REPORT CITY COUNCIL November 17, 2015 Honorable Mayor and City Councilmembers CITY CLERK File #600 -60 Christopher L. Foss, City Manager " Acceptance of Improvements for Tract 8024, Jordan Ranch and Approval of Regulatory Traffic Control Devices (BJP -ROF Jordan Ranch LLC) Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: BJP -ROF Jordan Ranch has constructed the improvements for Tract 8024, Jordan Ranch, in accordance with their Tract Improvement Agreement. It is now appropriate for the City to accept the improvements and approve the regulatory traffic control devices. FINANCIAL IMPACT: BJP -ROF Jordan Ranch, LLC, has provided a Maintenance Bond (Bond No. 0571493) in the amount of $625,183.00, issued by International Fidelity Insurance Company, to guarantee the improvements associated with the Tract 8024 for one year. Upon acceptance of the Tract 8024 improvements, the City will incur annualized maintenance costs estimated to be $23,600 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 Tract Improvements and Approving the Regulatory Traffic Control Devices for Tract 8024, Jordan Ranch. �ubmitteb By Public Works Director DESCRIPTION: '\ Reviewed By Assistant City Manager BJP -ROF Jordan Ranch, LLC, entered into a Tract Improvement Agreement with the City of Dublin on December 6, 2011, for the construction of street and other tract improvements associated with Tract 8024. The subdivision map for Tract 8024 created 59 single - family lots with frontage on Jordan Ranch Drive, Alta Terra Road, Valley Vista Drive, and Bassetts Way. Page 1 of 3 ITEM NO. 4.4 BJP -ROF Jordan Ranch, LLC, provided a Faithful Performance Bond and a Labor & Materials Bond to guarantee construction of the tract improvements for Tract 8024. At the time the Tract Improvement Agreement was approved, BJP -ROF Jordan Ranch, LLC, had completed approximately 80% of required improvements. Therefore, City Council approved bond amounts for the Faithful Performance and Labor & Materials Bonds equal to twenty five percent (25 %) of the total estimated cost to construct the complete improvements. BJP -ROF Jordan Ranch, LLC has recently completed the construction of the required tract improvements associated with Tract 8024, and is requesting that the bonds for this work be released. IMPROVEMENTS ORIGINAL AMOUNTS STATUS Faithful Performance Labor & Materials Bond Bond (Bond No.) (Bond No.) Tract 8024 $625,183.00 $625,183.00 To Be Released Improvements (0571493) (0571493) BJP -ROF Jordan Ranch, LLC, has provided a Maintenance Bond in the amount of $625,183.00 (Bond No. 0571493) issued by International Fidelity Insurance Company. The bond amount is equal to twenty five percent (25 %) of the full estimated cost to construct the improvements. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: A. "STOP" signs, markings and crosswalks installed at the following intersections: • Valley Vista Drive at intersection of Vinton Avenue • Avery Way at intersection of Alta Terra Road • Whitehorse Way at intersection of Alta Terra Road • Bassetts Way at intersection of Alta Terra Road • Valley Vista Drive at intersection of Jordan Ranch Drive • Jordan Ranch Drive at intersection of Fallon Road • Bassetts Way at intersection of Jordan Ranch Drive B. Curve Warning with 10 MPH advisory speed signs on the following street: • West side of Jordan Ranch Drive near Station 7 +16 • South side of Jordan Ranch Drive near Station 5 +65 • North side of Valley Vista Drive near Station 1 +20 • East side of Valley Vista Drive near Station 14 +80 C. Curve Warning with 15 MPH advisory speed signs on the following street: • West side of Jordan Ranch Drive near Station 1 +00 • South Side of Jordan Ranch Drive near Station 9 +40 D. "NO PARKING" signs at the following streets: Page 2 of 3 • South side of Jordan Ranch Drive between Alta Terra Road and Whitehorse Way • North and South sides of Vinton Avenue between Positano Parkway and Valley Vista Drive NOTICING REQUIREMENTS /PUBLIC OUTREACH: A copy of this staff report has been sent to BJP -ROF Jordan Ranch, LLC. ATTACHMENTS: 1. Copy of Final Map for Tract 8024 2. Resolution Accepting the Tract Improvements and Approving the Regulatory Traffic Control Devices for Tract 8024, Jordan Ranch Page 3 of 3 � v aft MOP 10 2H "Oa dW X1".313 ?p qo z� I z Tk H E2 z- z I lz 27 zw 0 W 8 WW w I E § �qIF660'96161 q0 W 2VO77, �'-6'S1 mow ---------- — — — — —19 I. E�� K ME — — — Nn oloble Uo m �$� zw fib UN �= it oho ¢m X, }�I4� "Oa dW X1".313 ?p qo z� I z Tk H E2 z- z I lz 27 zw 0 W 8 WW w I E I OUP �, I o z aAa cc E- Z z rl z Wz �qIF660'96161 q0 W 2VO77, �'-6'S1 mow ---------- — — — — —19 I. 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E�� K ME INN N R P RESOLUTION NO. - 15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE TRACT IMPROVEMENTS AND APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES FOR TRACT 8024, JORDAN RANCH WHEREAS, BJP -ROF Jordan Ranch, LLC, the developer of Tract 8024, previously entered into a Tract Improvement Agreement, dated December 6, 2011, City Council Resolution No. 203 -11, with the City of Dublin, to complete improvements associated with Tract 8024, 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 $625,183.00 (Bond No. 0571493), issued by International Fidelity Insurance Company to guarantee the said Tract 8024 improvements; and WHEREAS, the Tract 8024 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 8024 improvements; 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 $625,183.00 issued by International Fidelity Insurance Company (Bond No. 0571493) to guarantee the improvements for a one -year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The tract improvements for Tract 8024 are hereby approved and accepted, subject to a one -year guarantee period. 2. The submitted Maintenance Bond issued by International Fidelity Insurance Company (Bond No. 0571493) in the amount of $625,183.00 for the Tract 8024 Improvements, be accepted as security for the aforesaid one -year warranty period, said period to commence on this date and terminate on the 17th day of November, 2016. 1 3. The original Faithful Performance Bond issued by International Fidelity Insurance Company (Bond No. 0571493) in the amount of $625,183.00 for the Tract 8024 Improvements be released. 4. The original Labor and Materials Bond issued by International Fidelity Insurance Company (Bond No. 0571493) in the amount of $625,183.00 for the Tract 8024 Improvements be released in accordance with the requirements of §66499.7 of the Government Code of the State of California. 5. 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 following intersections: • Valley Vista Drive at intersection of Vinton Avenue • Avery Way at intersection of Alta Terra Road • Whitehorse Way at intersection of Alta Terra Road • Bassetts Way at intersection of Alta Terra Road • Valley Vista Drive at intersection of Jordan Ranch Drive • Jordan Ranch Drive at intersection of Fallon Road • Bassetts Way at intersection of Jordan Ranch Drive B. Curve Warning with 10 MPH advisory speed signs on the following street: • West side of Jordan Ranch Drive near Station 7 +16 • South side of Jordan Ranch Drive near Station 5 +65 • North side of Valley Vista Drive near Station 1 +20 • East side of Valley Vista Drive near Station 14 +80 C. Curve Warning with 15 MPH advisory speed signs on the following street: • West side of Jordan Ranch Drive near Station 1 +00 • South Side of Jordan Ranch Drive near Station 9 +40 D. "NO PARKING" signs at the following streets: • South side of Jordan Ranch Drive between Alta Terra Road and Whitehorse Way • North and South sides of Vinton Avenue between Positano Parkway and Valley Vista Drive PASSED, APPROVED AND ADOPTED this 17th day of November, 2015, by the following vote- AYES- NOES- 2 ABSENT: ABSTAIN: ATTEST: City Clerk Mayor