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HomeMy WebLinkAboutItem 4.07 Accept Imprvmt TR 7020 Dublin Transit Centeror 19 82 /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 iF��°, ° =e°wo UYU Ow �yyyy111�Y rww oJ_ o v Z 8ZfJ/l °Ix- ~U i >uwiw oaw¢o o°z�O °no <A o HVb a mOmO � <os=i °oFz b iazo rc" - o�UF��1��� �FaoN io � SOdF-4 ~W g`W3 O W Nyy��O O >W f U z o—.4, A W w ~ F 4 J Jii o •- a iwwoa t -J - u o N NowrQ °wt`naw �4"a¢a°w rro O tJ rc Yd a O�� W O N h F J J JoWti O O< 8?TVX mQU I WZ°w ¢i z z z�a c ~° ax 4JU0 muV�o =i V J ° o' iii 8 °eim •�� oz ° Niwwcw "c°iw «w <UFd °��W6Z � ee�ii8w �J>¢dZdwK "� U�po i O ZZ J� NOS4r�Z0� KKvZ 6 V d Z Z o. 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VIZYY» UW~U «<tn a > am z M, r�U»Z�yJj(M N $55 m L.j OZ"'j 2Iz Q�� Q� °INµj� :j Ell 4 oircaw �Z: �VOU « °w t Y (] �P.LL �� —»VIC ZNW� i M ¢WOno Qm »410 M�4 M V Z0.«~ « « IIII W ♦ w I MW eM.lrn 1 �Q f FN iM I I I I NW N N 1-0 _• 1 I MI OJW 1 - w j IpZI dno Moo 3_9Z,£bl0 N w S£'48l 3 ,SZ,£bLo N It ozIg� FS v��On 3 I .I I XM C)w eee tn nn I ;I 1 z I I I Oi II ~ON J W �) I � o�d N .9Z,£(.L0_N�31h1S.,8S�1 a (b) s rN 'o z AS =.T a- Y {� O m W h z N 1 8 °N mrn� tl 1 A J �( o n I I ~ON wa z 1 z J W O y � NI 1 1 I ilol 1 WM ��_ I ml na e 1 I ZI `m q r0 ii I I z 2 ,Lf'lZZ 3 ,SZ,£410 N L J L 1 I F 37M_Sl -- ---- - - - - -_ 3'1M .SL .SL, "LO N —JI r go _ f zlzl ' I- ~00 nn M eJ i�t2 �W �Jgm Irvl Ci ( z z 'ran I WI w 1 1 I nn 1 7� o I � I INI w Bo z z I � n r fI f � NL N O z 2 N� YG ±y rM Mom z c f z z z - JJJ 11 uopeyS uoleny I 6Z6L 1OVN.L -,/I IIII W ♦ w I MW eM.lrn 1 �Q f FN iM I I I I NW N N 1-0 _• 1 I MI OJW 1 - w j IpZI dno Moo 3_9Z,£bl0 N w S£'48l 3 ,SZ,£bLo N It ozIg� FS v��On 3 I .I I XM C)w eee tn nn I ;I 1 z I I I Oi II ~ON J W �) I � o�d N .9Z,£(.L0_N�31h1S.,8S�1 a (b) s rN 'o z AS =.T a- Y {� O m W h z N 1 8 °N mrn� tl 1 A J �( o n I I ~ON wa z 1 z J W O y � NI 1 1 I ilol 1 WM ��_ I ml na e 1 I ZI `m q r0 ii I I z 2 ,Lf'lZZ 3 ,SZ,£410 N L J L 1 I F 37M_Sl -- ---- - - - - -_ 3'1M .SL .SL, "LO N —JI r go _ f zlzl ' I- ~00 nn M eJ i�t2 �W �Jgm Irvl Ci ( z z 'ran I WI w 1 1 I nn 1 7� o I � I INI w Bo z z I � n r fI f � NL N O z 2 N� YG ±y rM Mom z c f z z z - JJJ 11 uopeyS uoleny I 6Z6L 1OVN.L -,/I N .9Z,£(.L0_N�31h1S.,8S�1 a (b) s rN 'o z AS =.T a- Y {� O m W h z N 1 8 °N mrn� tl 1 A J �( o n I I ~ON wa z 1 z J W O y � NI 1 1 I ilol 1 WM ��_ I ml na e 1 I ZI `m q r0 ii I I z 2 ,Lf'lZZ 3 ,SZ,£410 N L J L 1 I F 37M_Sl -- ---- - - - - -_ 3'1M .SL .SL, "LO N —JI r go _ f zlzl ' I- ~00 nn M eJ i�t2 �W �Jgm Irvl Ci ( z z 'ran I WI w 1 1 I nn 1 7� o I � I INI w Bo z z I � n r fI f � NL N O z 2 N� YG ±y rM Mom z c f z z z - JJJ 11 uopeyS uoleny I 6Z6L 1OVN.L -,/I a- Y {� O m W h z N 1 8 °N mrn� tl 1 A J �( o n I I ~ON wa z 1 z J W O y � NI 1 1 I ilol 1 WM ��_ I ml na e 1 I ZI `m q r0 ii I I z 2 ,Lf'lZZ 3 ,SZ,£410 N L J L 1 I F 37M_Sl -- ---- - - - - -_ 3'1M .SL .SL, "LO N —JI r go _ f zlzl ' I- ~00 nn M eJ i�t2 �W �Jgm Irvl Ci ( z z 'ran I WI w 1 1 I nn 1 7� o I � I INI w Bo z z I � n r fI f � NL N O z 2 N� YG ±y rM Mom z c f z z z - JJJ 11 uopeyS uoleny I 6Z6L 1OVN.L -,/I - JJJ 11 uopeyS uoleny I 6Z6L 1OVN.L -,/I 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