HomeMy WebLinkAbout4.07 Accept Imprvmt TR 7020 Dublin Transit Centeror
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/ii � 111
DATE:
TO:
FROM:
SUBJECT
STAFF REPORT
CITY COUNCIL
January 19, 2016
Honorable Mayor and City Councilmembers
CITY CLERK
File #600 -60
Christopher L. Foss, City Manager "
Acceptance of Tract Improvements for Tract 7929, Dublin ransit Center, Site
C -2 (Avalon Dublin Station II, L.P.)
Prepared by Jayson Imai, Senior Civil Engineer
EXECUTIVE SUMMARY:
Avalon Dublin Station II, L.P., a Delaware Limited Partnership, has constructed the
improvements for Tract 7929, Dublin Transit Center Site C -2, in accordance with their Tract
Improvement Agreement. It is now appropriate for the City to accept these improvements and
release the associated Faithful Performance Bonds and Labor & Materials Bonds.
FINANCIAL IMPACT:
Avalon Dublin Station II, L.P., has provided Maintenance Bonds issued by Travelers Casualty
and Surety Company of America to guarantee the improvements associated with Tract 7929,
Dublin Transit Center Site C -2 for a one -year period, in the amounts as follows:
• $81,250.00 for the Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse
Parkway (Bond No. 106322193)
• $171,500.00 for the Tract 7929 — Private Improvements — Lot 3 — Hamlet Lane (Bond No.
106322195)
• $144,750.00 for the Tract 7929 — Private Improvements — Lot 4 — Campbell Green (Bond
No. 106322194)
Upon acceptance of the Tract 7929, Dublin Transit Center Site C -2 improvements, the City will
not incur additional maintenance costs. All improvements will be maintained by the property
owner.
RECOMMENDATION:
Staff recommends that the City Council adopt the Resolution Accepting the Tract
Improvements for Tract 7929, Dublin Transit Center, Site C -2.
ubmitte` By
Public Works Director
'\ Reviewed By
Assistant City Manager
Page 1 of 2 ITEM NO. 4.7
DESCRIPTION:
Avalon Dublin Station II, L.P., a Delaware Limited Partnership, entered into a Tract Improvement
Agreement with the City of Dublin on August 20, 2013, for the construction of private street and
other tract improvements associated with Tract 7929, Dublin Transit Center Site C -2.
Avalon Dublin Station II, L.P. provided Faithful Performance Bonds and Labor & Materials
Bonds to guarantee construction of the tract improvements for Tract 7929, Dublin Transit Center
Site C -2.
Avalon Dublin Station II, L.P. has recently completed the construction of the required tract
improvements associated with Tract 7929, Dublin Transit Center Site C -2, and is requesting that
the bonds for this work be released.
Avalon Dublin Station II, L.P., has provided Maintenance Bonds issued by Travelers Casualty
and Surety Company of America in the amounts as follows:
• $81,250.00 for the Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse
Parkway (Bond No. 106322193)
• $171,500.00 for the Tract 7929 — Private Improvements — Lot 3 — Hamlet Lane (Bond No.
106322195)
• $144,750.00 for the Tract 7929 — Private Improvements — Lot 4 — Campbell Green (Bond
No. 106322194)
The bond amounts are equal to twenty five percent (25 %) of the bond amounts approved by
City Council in August, 2013.
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of this staff report has been sent Avalon Dublin Station II, L.P.
ATTACHMENTS: 1. Copy of Tract Map 7929
2. Resolution Accepting the Tract Improvements for Tract 7929, Dublin
Transit Center, Site C -2
Page 2 of 2
ORIGINAL AMOUNTS
IMPROVEMENTS
STATUS
Faithful Performance
Labor & Materials
Bond
Bond
(Bond No.)
(Bond No.)
Tract 7929 Public
Improvements —
$ 325,000.00
$ 325,000.00
To Be Released
DeMarcus Blvd. &
(105868160)
(105868160)
Iron Horse Parkway
Tract 7929 Private
$ 686,000.00
$ 686,000.00
Improvements — Lot
(105868162)
(105868162)
To Be Released
3 Hamlet Lane
Tract 7929 Private
$ 579 000.00
$ 579 000.00
Improvements — Lot
(105868161)
(105868161)
To Be Released
4 Campbell Green
Avalon Dublin Station II, L.P., has provided Maintenance Bonds issued by Travelers Casualty
and Surety Company of America in the amounts as follows:
• $81,250.00 for the Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse
Parkway (Bond No. 106322193)
• $171,500.00 for the Tract 7929 — Private Improvements — Lot 3 — Hamlet Lane (Bond No.
106322195)
• $144,750.00 for the Tract 7929 — Private Improvements — Lot 4 — Campbell Green (Bond
No. 106322194)
The bond amounts are equal to twenty five percent (25 %) of the bond amounts approved by
City Council in August, 2013.
NOTICING REQUIREMENTS /PUBLIC OUTREACH:
A copy of this staff report has been sent Avalon Dublin Station II, L.P.
ATTACHMENTS: 1. Copy of Tract Map 7929
2. Resolution Accepting the Tract Improvements for Tract 7929, Dublin
Transit Center, Site C -2
Page 2 of 2
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RESOLUTION NO. - 16
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING THE TRACT IMPROVEMENTS
FOR TRACT 7929, DUBLIN TRANSIT CENTER, SITE C -2
WHEREAS, Avalon Dublin Station II, L.P., A Delaware Limited Partnership, the
developer of Tract 7929 Site C -2, previously entered into a Tract Improvement Agreement,
dated August 20, 2013, City Council Resolution No. 133 -13, with the City of Dublin, to complete
improvements associated with Tract 7929, Dublin Transit Center Site C -2, in accordance with
plans on file with the City Engineer; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials
Bonds issued by Travelers Casualty and Surety Company of America, to guarantee the Tract
7929 Site C -2 improvements, each in the amount as follows; and
• $325,000.00 for the Tract 7929 Public Improvements — DeMarcus Blvd. & Iron
Horse Parkway (Bond No. 105868160)
• $686,000.00 for the Tract 7929 Private Improvements — Lot 3 Hamlet Lane (Bond
No. 105868162)
• $ 579,000.00 for the Tract 7929 Private Improvements — Lot 4 Campbell Green
(Bond No. 105868161)
WHEREAS, the Tract 7929 Site C -2 improvements are now complete in accordance with
said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; 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 Maintenance Bonds to guarantee the
completed work for a one -year period; and
WHEREAS, Avalon Dublin Station II, L.P. has provided Maintenance Bonds issued by
Travelers Casualty and Surety Company of America, to guarantee the improvements for a one -
year period, in the amounts as follows:
• $81,250.00 for the Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron
Horse Parkway (Bond No. 106322193)
• $171,500.00 for the Tract 7929 — Private Improvements — Lot 3 — Hamlet Lane
(Bond No. 106322195)
• $144,750.00 for the Tract 7929 — Private Improvements — Lot 4 — Campbell Green
(Bond No. 106322194)
NOW, THEREFORE, BE IT RESOLVED that:
1. The tract improvements for Tract 7929 Dublin Transit Center Site C -2 are hereby
approved and accepted, subject to a one -year guarantee period.
1
2. The submitted Maintenance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 106322193) in the amount of $81,250.00 for the
for the Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse
Parkway, be accepted as security for the aforesaid one -year warranty period, said
period to commence on this date and terminate on the 19th day of January, 2017.
3. The original Faithful Performance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868160) in the amount of $325,000.00 for the
Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse Parkway be
released.
4. The original Labor and Materials Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868160) in the amount of $325,000.00 for the
Tract 7929 — Public Improvements — DeMarcus Blvd. & Iron Horse Parkway be
released in accordance with the requirements of §66499.7 of the Government
Code of the State of California.
5. The submitted Maintenance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 106322195) in the amount of $171,500.00 for the
for the Tract 7929 — Private Improvements — Lot 3 — Hamlet Lane, be accepted as
security for the aforesaid one -year warranty period, said period to commence on
this date and terminate on the 19th day of January, 2017.
6. The original Faithful Performance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868162) in the amount of $686,000.00 for the
Tract 7929 Private Improvements — Lot 3 Hamlet Lane be released.
7. The original Labor and Materials Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868162) in the amount of $686,000.00 for the
Tract 7929 Private Improvements — Lot 3 Hamlet Lane be released in accordance
with the requirements of §66499.7 of the Government Code of the State of
California.
8. The submitted Maintenance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 106322194) in the amount of $144,750.00 for the
for the Tract 7929 — Private Improvements — Lot 4 — Campbell Green, be
accepted as security for the aforesaid one -year warranty period, said period to
commence on this date and terminate on the 19th day of January, 2017.
9. The original Faithful Performance Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868161) in the amount of $579,000.00 for the
Tract 7929 Private Improvements — Lot 4 Campbell Green be released.
10. The original Labor and Materials Bond issued by Travelers Casualty and Surety
Company of America (Bond No. 105868161) in the amount of $579,000.00 for the
Tract 7929 Private Improvements — Lot 4 Campbell Green be released in
2
vote
accordance with the requirements of §66499.7 of the Government Code of the
State of California.
PASSED, APPROVED AND ADOPTED this 19th day of January, 2016, by the following
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
3
Mayor