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HomeMy WebLinkAbout4.5 Wallis Ranch Tr 7714 Improv Agmtor 19 82 /ii � 111 DATE: TO: FROM: SUBJECT STAFF REPORT CITY COUNCIL February 16, 2016 Honorable Mayor and City Councilmembers CITY CLERK File #600 -60 Christopher L. Foss, City Manager " Approval of Tract Improvement Agreement for Tract 7714, allis Ranch, Neighborhood 4 Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: Pulte Home Corporation has purchased Tract 7714, Wallis Ranch Neighborhood 4 from Development Solutions WR, LLC. Pulte Home Corporation has executed a Tract Improvement Agreement and posted security to guarantee construction of site improvements associated with Tract 7714, allowing the security previously posted by Development Solutions WR, LLC to be released. FINANCIAL IMPACT: Pulte Home Corporation has signed a Tract Improvement Agreement and has posted bonds to guarantee the construction of site improvements within Tract 7714. Pulte Home Corporation will be responsible for all construction inspection costs related to the site improvements required for Tract 7714. The Homeowners' Association will be responsible for maintaining the private streets and project - related landscape features. RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Approving the Tract Improvement Agreement for Tract 7714, Wallis Ranch, Neighborhood 4. Submitted By Public Works Director DESCRIPTION: (ice Reviewed By Administrative Services Director '\ Reviewed By Assistant City Manager Development Solutions WR, LLC, a Delaware Limited Liability Company, is the owner of Tract 7714, Wallis Ranch, Neighborhood 4 (Attachment 1). On November 17, 2015, Development Solutions WR entered into a Tract Improvement Agreement with the City (Resolution Page 1 of 2 ITEM NO. 4.5 No. 175 -15) to guarantee the construction of tract improvements associated with Tract 7714. Development Solutions WR has not yet initiated construction of these site improvements. Development Solutions WR has since sold Tract 7714 to Pulte Home Corporation and wishes to transfer to the buyer its obligations under the original Tract Improvement Agreement. Per Section 6 of the Tract Improvement Agreement, the City must approve all such assignments of rights, interests and obligations. Development Solutions WR previously provided a Faithful Performance Bond and a Labor and Materials Bond for the construction of the on -site improvements associated with Tract 7714. Pulte Home Corporation has provided their own Faithful Performance Bond and Labor and Materials Bond to replace the bonds previously provided by Development Solutions WR and to secure the construction of site improvements for Tract 7714. Pulte Home Corporation will be responsible for all construction inspection costs related to the site improvements required for Tract 7714. All streets internal to Tract 7714 will be privately owned and maintained by the Homeowner's Association. With the approval of the Tract Improvement Agreement with Pulte Home Corporation, the City may authorize the release of the bonds previously provided by Development Solutions WR to guarantee construction of the improvements for Tract 7714. Staff has prepared a Resolution Approving the Tract Improvement Agreement for Tract 7714, Wallis Ranch, Neighborhood 4 (Attachments 2 and 3). NOTICING REQUIREMENTS /PUBLIC OUTREACH: Public noticing occurred as part of the Tentative Map process. Copies of this report have been provided to Pulte Home Corporation and Development Solutions WR, LLC. ATTACHMENTS: 1. Copy of Final Tract Map 7714 2. Resolution Approving Tract Improvement Agreement for Tract 7714, Wallis Ranch, Neighborhood 4 3. Exhibit "A" to Resolution, Tract Improvement Agreement, Tract 7714 Page 2 of 2 Bond Bond - Dtveloper Number Amount of Bond Status Faithful Performance Development To Be Bond Solutions WR K09217356 $ 1,628,282.00 Released Labor & Materials Development To Be Bond Solutions WR K09217356 $ 1,628,282.00 Released Faithful Performance Pulte Home Bond Corporation 268005914 $ 1,628,282.00 Submitted Labor & Materials Pulte Home Bond I Corporation 1 268005914 1 $ 1,628,282.00 Submitted Pulte Home Corporation will be responsible for all construction inspection costs related to the site improvements required for Tract 7714. All streets internal to Tract 7714 will be privately owned and maintained by the Homeowner's Association. With the approval of the Tract Improvement Agreement with Pulte Home Corporation, the City may authorize the release of the bonds previously provided by Development Solutions WR to guarantee construction of the improvements for Tract 7714. Staff has prepared a Resolution Approving the Tract Improvement Agreement for Tract 7714, Wallis Ranch, Neighborhood 4 (Attachments 2 and 3). NOTICING REQUIREMENTS /PUBLIC OUTREACH: Public noticing occurred as part of the Tentative Map process. Copies of this report have been provided to Pulte Home Corporation and Development Solutions WR, LLC. ATTACHMENTS: 1. Copy of Final Tract Map 7714 2. Resolution Approving Tract Improvement Agreement for Tract 7714, Wallis Ranch, Neighborhood 4 3. 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NOW, THEREFORE, BE IT RESOLVED that said Tract Improvement Agreement and bonds are hereby approved. BE IT FURTHER RESOLVED that the City Manager of the City of Dublin is hereby authorized to execute said Tract Improvement Agreement, attached hereto as Exhibit "A." BE IT FURTHER RESOLVED that Development Solutions WR, LLC, is released from the rights, interests and obligations of the Original Tract Improvement Agreement. 1 BE IT FURTHER RESOLVED that the original Faithful Performance Bond and Labor and Materials Bond provided by Development Solutions WR, LLC, and issued by Westchester Fire Insurance Company in the amounts of $1,628,282.00 (Bond Nos. K09217356) for site improvements related to Tract 7714 be released. PASSED, APPROVED AND ADOPTED this 16th day of February, 2016, by the following vote: YES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 2 Mayor CITY OF DUBLIN TRACT IMPROVEMENT AGREEMENT TRACT 7714 This agreement |s made and entered into this 10th day of February, 2D1O, by and between the City VfDublin, a rDVn|c|pa| corporation, hereinafter referred toms "CO-Y''. and Pu#a Home Corpdration, hereinafter referred to as "DEVELOPER". VVHEREAS, it has been determined by the CITY Council of the CITY of [JubQn. State of California, that DEVELOPER, the subdivider ofTract No. 7714, desires to improve those improvements (hereafter "The |mnprovamants")required bv City of Dublin City Council Resolution No. 88-14 adopted on May 2O.2O14 for Tract 7T14in accordance with the requirements and conditions set forth in said resolution, the requirements of the Subdivision Map Act of the State of California, the Subdivision Ordinance of the CITY, and those certain plans for said development entitled: * Rough Grading Plana — Trac 7714— Neighborhood 4atWallis Ranch, prepared bv MacKay & Sompn and signed bv the City Engineer * Improvement Plans — Tract 7714— Neighborhood 4 at Wallis Ranch, prepared by MacKay & 8omnps. and signed by the City Engineer * Joint Trench &Private Street Lighting Plans — Tract 77Y4— Neighborhood 4at Wallis Ranch, prepared by{9|ocaXoma Design, Unc.. and signed bv the City Engineer ° Landscape Plans — Tract 77Y4— Neighborhood 4 at Wallis Ranch, prepared by {Gates & Associates, and signed by the City Engineer and now om file |n the office o| the City Engineer, which are hereby referred to for a more definite and distinct description of the work to be performed under this Agreement as though set forth at length WHEREAS, DEVELOPER intends to satisfactorily complete The Improvements within the time hereinafter specified, and CITY intends to accept DEVELOPER's offer(s) of dedication of The Improvements in consideration for DEVELOPER's satisfactory performance of the terms and conditions of this Agreement; and WHEREAS, CITY has determined that the portion of The Improvements that will be accepted by the City as Public improvements are a public works subject to California prevailing wage NOW, THEREFORE, in consideration of the mutual promises, conditions and covenants herein contained, the parties agree as follows: 1. Completion Time. DEVELOPER shall complete said work not later than two years following said date of execution. Time byof the essence in this Agreement. Upon completion, DEVELOPER shall furnish CITY with a complete and reproducible set of finaU Record Drawings of The Improvements, including any modifications made during construction. 2. Estimated Cost of Improvements. The estimated cost of constructing The Improvements required hxthis agreement are presented in the Bond Estimate, N/a6@s Ranch — Neighborhood 4, /nvp/nmen?entP/ana/GradIno. doted 2/27/15, prepared by MacKay & Somps: a Neighborhood 4 -Tract 7714 - Improvements $1.628,282.00 Said amount includes costs and reasonable expenses and fees which may be incurred inenforcing the obligation secured. Said amount reflects that the Tract 7714 Improvements are currently 0% complete (bond is for 100%nfthe full arnnunh. The bond estimate is, attached as Exhibit Atothis agnyamamc Bonds Furnished. Concurrently with the execution of this Agreement, DEVELOPER shall furnish CITY with the following security |na form satisfactory to the CITY Attorney: Performance. Faithful Either a cash deposit, a corporate surety bond issued hvocompany duly and legally licensed to conduct a general surety business in the State of California, or an instrument ofcredit equivalent to one hundred per cent (1100%) of the estimate set forth in Paragraph 2 and sufficient to assure CITY that The Improvements will be satisfactorily completed (collectively, the "Faithful Performance Bond"). Materials. Labor and Either a cash deposit, acorporate surety bond issued bya company duly and legally licensed conduct e general surety business inthe State of California, oran |natrurnemtofcred|tequiva|ent toone-hu rid red per cent /1DDY6\oythe estimate set forth in Paragraph 2 and sufficient to assure CITY that DEVELOPER'S onntnootorm' subcnntnacfoos, and other persons furnishing |abor, mnater|e|s, or equipment shall be paid therefore (collectively, the "Labor and Materials Bond"). CITY shall be the sole indemnitee named on any instrument required by this Agreement. Any instrument or deposit requ:ired herein shall conform with the provisions of Chapter 5 of the Subdivision Map Act. 3. Insurance Required. Prior to commencing construction of the improvements, DEVELOPER shall obtain or cause to beubta|nedand filed with the C|TY,aQ ins unancmrequ|red under this ponagnaph Prior totha commencement of work under this Agreement, DEVELOPER's general contractor (if different than Developer) shall obfe[m or cause to be obtained and filed with the Administrative Services O|reotor, all insurance required under this paragraph. DEVELOPER shall not allow any contractor or subcontractor to commence work on this contract or subcontract until all insurance required for DEVELOPER and DEVELOPEFYm general contractor shall have been so obtained and approved. Said insurance shall be maintained in full force and effect until the completion of work under this Agreement and the final acceptance thereof byCITY. All requirements herein provided shall appear either |n the body ofthe insurance policies or as endorsements and shall specifically bind the insurance carrier. A. Minimum Scope of Insurance. Coverage shall be at least as broad as: 1) Insurance Services Office form number GIL0002/Ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability; or Insurance Services Office Commercial General Liability coverage ("000mmnnce" form CQDOO1.) 2> |nmunanoe Services Office form mumber[A 000 (Ed. 1/78) coveri ng Automobile Liability, code 1 "any auto" and endorsement CA 0025. 3) Workers' Compensation insurance as required by the Labor Code of the State of California and Employers Liability Insurance. B. Minimum, Limits of Insurance. DEVELOPER shall maintain limits no less than: 1) $1,,000,000 combined single UnnitperucournsnoeforbodUv injury, personal i 'uryand property damage. If commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately {0 this project/location orthe8enenaiagBreQaba|inn|t shall be twice the required occurrence limit. 20 $11,0010,000 combined single Umitperaocidentfurbod|k/ injury and property damage. 3\ Workers' compensation limits as required by the Labor Code ofthe State ofCalifornia and Employers Liability 11mits of $1,00:01,000 per accident. C. Any deductibles orself-insured retentions must be declared to and approved bx the CITY. DEVELOPER hereby declares that the insurance required under Paragraph 3/BA(1) contains (|) a $1,DUD.00D per occurrence self- insured retention for Bodily Injury and Property [)ornage Liability, U|\ a $2.000.000 per uuoumanueself-inauradra[enUomforth|rdpartVauUonuvura/tionsgnd(iii) a $7,500,000 per occurrence self-insured retention for Home Builder's Limited Warranty Coverage, Construction Damage Liability Coverage and Fungi and Related Medical P@yrOanlG ("GLG[R's"). The CITY hereby approves the GLS|R^s. {]. Other Insurance Provisions, The p�VicNs are to contain, Vrbe endorsed to contain, the following provisions: 1\ General Liability and Automobile Liability Coverages. u\ The CITY, its officers, agents, offioja|a,employees and volunteers shall be named om additional insureds aarespects: liability arising out of activities performed bvoron behalf of the DEVELOPER; products and completed operations of the DEVELOPER; premises owned, occupied or used by the DEVELOPER, or automobiles owned, leased, hired or borrowed by the DEVELOPER. The coverage shall contain nospecial ||nm/tat|ons om the scope ofthe protection afforded to the CITY, its officena, officials, employees or volunteers, b\ The DEVELOPER's insurance coverage shall b8 primary insurance as respects the QTY' its officers, officials, employees and volunteers. Any insurance or self-insurance maintained by the CITY, its officers, officials, employees orvoUunteerm shall be excess nf the [)EVELOPER'm insurance and shall not contribute with it. d Any failure tmcomply with reporting provisions of the policies shall not affect c0VenmQe provided to the CITY, its officers, ofOoim|a, employees or d) The [>E\/ELOPER"s insurance shall apply separately 0o each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability. 21 The insurer shall agree 1owaive all rights mysubrogation against the CITY, its officers, offichaky^ employees and volunteers for losses arising from work performed by the DEVELOPER for the CITY. 3) All Coverages. Each insurance policy required bv this clause shall be endorsed to state that coverage shall not be suspended, voided, cancelled by either party, reduced in coverage or in, limits except after thirty (30) days' prior written notice by certified nma!|^ return receipt requaated, has been 0|wan to the CITY. Notwithstanding the foregoing, if an endorsement that would provide for thirty (30) days' prior written notice prior to one or more of the above actions im not commercially available, DEVELOPER shall be excused from providing an endorsement covering said action or actions, provided that in such circumstances, DEVELOPER shall give written notice to the CITY as soon asis practicable |f DEVELOPER learns that its coverage has been suspended, voided, cancelled by either party or reduced in coverage or|nlimits. a) Acceptability of Insurers. Insurance is1obo placed with insurers with a Bests'rating of no less than A:VII. bl Verification of Coverage. DEVELOPER shall furnish CITY with certificates of insurance and with original endVrgementsofhaoting coverage required bv this clause. The certificates and endorsements for each insurance policy are 1obe signed byu person authorized bythat insurer to certify coverage om its behalf. The certificates and endorsements are tObe received and approved by the CITY before work commences. The CITY reserves the right to require oornpiata, certified oop|aa of all required insurance policies, at any time provided; however, that if the policies are not yet available, the City will accept copies of the applicable binders. d Subcontractors. DEVELOPER and/or OEVELOPER'sgeneral contractor shall include all subcontractors as insureds under its policies or shall obtain separate oartUUcatas and endorsements for each subcontractor. All coverages for subcontractors shall be subject tu all of the requirements stated herein. 4. Work Performance and Guarantee. Except as otherwise expressly provided in this Agreement, and excepting only items of routine mo|nbananma, ordinary wear and tear and VnUgVa| abuse or neglect, DEVELOPER guarantees all work executed by DEVELOPER and/or DEVELOPER's agents, and all supplies, materials and 4 devices of whatsoever nature incorporated |n. or attached to the vvorh, or otherwise delivered to CITY oao part mf the work pursuant bz the Agreement, Aobe free of all defects of workmanship and materials for a period of one (1) year after initial acceptance of the entire work by CITY. L)EVELOPEFlsha||repa|rornapyaoeamyuraHsuChvvm[korrnater|a|.tuOathorvv|tha||oranyother work or materials which may be displaced or damaged in so doing, that may prove defective in workmanship or material within said one-year guarantee period without expense or charge of any nature whatsoever toCITY. DEVELOPER further covenants and agrees that when defects in workmanship and materials actually appear during the one-year guarantee period, and have been corrected, the guarantee period for the defected items shall automatically be extended for an additional year from the date of the completion of the repair to insure that such defects have actually been corrected. In the event the DEVELOPER shall fall to comply with the conditions of the foregoing guarantee within thirty (30) days time, after being notified of the defect in writing, CITY shall have the right, but shall not be obligated, to repair or obtain the repair of the defect, and DEVELOPER shall pay to CITY on demand all costs and expense Vf such repair. Notwithstanding anything herein t0the contrary, in the event that any defect in workmanship or material covered by the foregoing guarantee results in o condition which constitutes an |nonled|at: hazard to the public health, safety, or welfare, CITY shall have the right tm immediately repair, or cause tobe repaired, such defect, and DEVELOPER shall pay to CITY on demand all costs and expense of such repair. The foregoing statement relating 1V hazards to health and safety shall be deemed to include either temporary or permanent repairs which may be required oa determined in the sole discretion and judgment ofCITY. K CITY, at its sole option, makes orcauses tobemade the necessary repairs orreplacements or performs the necessary work, [)E\/ELOPER shall pay, in addition to actual costs and expenses of such repair or work, fifty percent (50%) of such costs and expenses for overhead and interest at the maximum rate of interest permitted by |ovv accruing thirty /30\ days from the date of b||UnQ for such work or repairs. 5. Inspection of the Work. DEVELOPER shall guarantee free access tU CITY through its City Engineer and designated representative for the safe and convenient inspection of the work throughout its construction. Said CITY representative shall have the authority to reject a|l materials and workmanship which are not in accordance with the plans and specifications, and all such materials and or work shall be removed promptly hy DEVELOPER and replaced tothe satisfaction elf CITY without any expense [o CITY |n strict accordance with the improvement plans and specifications, 6. Agreement Assignmen. This Agreement mhoUnotb8assiQnedb«C>EVELOPERvvKhouttbevvritbenoonsentofC[TY. 7. Abandonment of Work. Neither DEVELOPER nor any of DEVELOPER's agents or contractors are or shall be considered to be agents of CITY in connection with the performance of DEVELOPER's obligations under this Agreement. If DEVELOPER refuses or fails to obtain prosecution of the work, or any severable part tMereof, with such diligence as will insure its completion within the time specified, or any extension thereof, or fails to obtain completion of said work within such time, or if DEVELOPER should be adjudged aa bankrupt, Vr should make a general assignment for the benefit of[)EVELC}PER,s creditors, or if a receiver should be appointed, orif DEVELOPER, mr any of[)EVEUOPEFYs contractors, subcontractors, agents or employees should violate any of the provisions of this Agreement, the CITY through its City Engineer may serve written notice on DEVELOPER and DEVELOPER's surety or holder of other security of breach of this Agreement, or of any portion, thereof, and default of DEVELOPER, and DEVELOPER shall have fifteen (15) days after receipt of such written notice to cure such dn#ou|t| provided that. if such cure cannot be reasonably effected within such fifteen (15) day period, such failure shall not be a default hereunder so long as DEVELOPER commences to cure such default in such fifteen (15) day period, and thereafter diligently prosecutes such cure tocompletion. In the event of any such notice of breach of this Agreement, DEVELOPER's surety shall have the duty to take over and complete The Improvements herein specified; provided, however, that if the surety, within thirty (38) days after the serving upon itof such notice of breach, does not give CITY written notice of its intention to take over the performance 0fthe contract, and does not commence performance thereof within thirty (30) days after notice to CITY of such election, CITY may take over the work and prosecute the monne to conmp|et|on, by contract or by any other method CITY may deem advisable, for the account and at the expense of DEVELOPER and DEVELOPER's surety shall be liable to CITY for any damages and/or reasonable and documented excess costs occasioned byCITY thereby; and, in such event, CITY, without liability for so doing, may take possession of, and utilize in completing the work, such materials, app|iannes, plant and other property belonging to DEVELOPER a8 may beonthe site of the work and necessary therefore. All notices herein required shall be in writing, and delivered in person or sent by registered mail, postage prepaid. Notices required toha given tu CITY shall ha addressed asfollows. City Engineer City ofDublin 100 Civic Plaza Dublin, CAS4508 Notices required tobe given to DEVELOPER shall be addressed 8sfollows: Pulte Homes O21DStoneridgle Mall Road, Suite 8QO Pleasanton, CA 84588 Attn. Andy Cost Phone No. (825�) 249-4327 Notices required to be given surety of DEVELOPER shall be addressed as follows: Any party or the surety may change such address by notice in writing to the other party and thereafter notices shall be addressed and transmitted to the new address, 8. 'Use of Streets or Improvements. At all times prior to the final acceptance of the work by CITY, the use of any or all streets and improvements within the work to be performed under this Agreement shall be ak the sole and exclusive risk ofDEVELOPER. The issuance of any building or occupancy permit hx CITY for dwellings located within the tract shall not be construed in any manner to constitute a partial orfiool acceptance or approval of any mr all such improvements byCITY. DEVELOPER agrees thatQTY's Building Official may withhold the issuance of building or occupancy permits when the work or its progress may substantially and/or detrimentally affect public health and safety. 8. Safety Devices. DEVELOPER shall provide and maintain such Quarde, muatchnnen, fences, barriers, regulatory signs, warning lights, and other safety devices adjacent ho and onthe tract site mm may benecessary to prevent accidents &o the public and damage t0 the property. DEVELOPER shall furnish, place, and maintain such lights as may be necessary for illuminating the said fences, barriers, signs, and other safety devices. At the end of all work tobe performed under this Agreement, all fences, barriers, regulatory signs, warning lights, and other safety devices (except such safety items as may beshown on the plans and included in the items of work) shall be removed from site of the work by the DEVELOPER, and the entire site left clean and orderly. 10. Acceptance of Work. Upon notice of the completion of The Improvements and the delivery of a set of final as-built plans to CITY bu DEVELOPER, CITY, through its City Engineer or his designated representative, shall examine The Improvements without delay, and, if found to be in accordance with said plans and specifications and this Agreement, and upon submittal of a warranty bond in the amount Of2596Vfthe estimated cost of The Improvements that are within the Public riQht-of-vvayor Public easements, shall recommend acceptance of the work to the City Council and, upon such acceptance, shall notify DEVELOPER or his designated agents of such acceptance and shall thereafter immediately release the Faithful Performance Bond and the Labor and Materials Bond, The City will not accept the Private Improvements and a warranty bond will not be needed for these Improvements; provided however, the CITY shall examine the Private Improvements ao set forth above and shall notify DEVELOPER or his designated agents of their completion and shall thereafter immediately release the Faithful Performance Bond and the Labor and Materials Bond. 11. Patent and Copyright Costs. |n the event that said plans and specifications require the use of any material, process Or publication Vvh1Dh is subject to 8 duly registered oohen1 or copyright, DEVELOPER shall be liable for, and shall indemnify CITY from any fees, costa or litigation expenses, including attorneys' fees and court costs, vvh[oh may result from the use of said patented or copyrighted material, pnJcwmn or publication. 12. Alterations in Plans and Specifications. Any alteration or alterations made in the plans and specifications which are a part of this Agreement or any provision of this Agreement shall not operate to release any surety or sureties from liability on any bond orbonds attached hereto and made a part hereof, and consent to make such alterations is hereby given, and the sureties to said bonds hereby waive the provisions of Section 3810of the Civil Code of the State ofCalifornia. 7 13. A. DEVELOPER Primarily Liable. DEVELOPER hereby warrants that the design and construction of The Improvements, will not adversely affect any portion of adjacent properties and that all work will be performed in a proper manner. DEVELOPER agrees to |ndenDnifv, defend, re|ease, and save harmless QTY, and each of its elective and appointive boards, commissions, officers agents and ernp]oyaas, from and against any and all loss, o|o|ma^ au(te. liabilities, actions, damages, or causes Vf action of every kind, nature and description, directly or indirectly arising frunm an act or omission of DEVELOPER, its employees, aQento, or independent contractors in connection with DEVELOPER'S actions and obligations hereunder; provided asfollows: 1) That CITY does not, and shall not, waive any rights against DEVELOPER which it may have bv reason of the aforesaid hold harmless agreement, because ofthe acceptance bv CITY, or the deposit with CITY bv DEVELOPER, of any cf the insurance policies described |n Paragraph 4hereof. 21 That the aforesaid hold harmless agreement by DEVELOPER shall apply to all damages and claims for damages of every kind suffered, or alleged to have been suffered, by reason of any of the aforesaid operations referred to in this paragraph, regardless of whether or not CITY has prepared, supplied, or approved of plans and/or specifications for the subdivision, or regardless of whether or not such insurance policies shall have been determined tube applicable to any of such damages Vrclaims for damages. 3\ Design Defect. If, h1the opinion of the CITY, a design defec hn the work of improvement becomes apparent during the course of construction, or within one (1) year following acceptance by the CITY of the improvements, and said design defect, in the opinion of the CITY, may substantially impair the public health and safety, DEVELOPER shall, upon order by the CITY, correct said design defect at his sole cost and expense, and the sureties under the Faithful Performance and Labor and Materials Bonds shall be liable 10 the CITY for the corrective work required. 4\ Litigation Expenses. |n the event that legal action h$ instituted hveither party 10this Agreement, and said action seeks damages for breach of this Agreement or seeks to specifically enforce the terms of this Agreement, and, inthe event judgment is entered in said action, the prevailing party shall be entitled to recover its attorneys' fees and court costs. |f CITY |o the prev@|hng party, CITY shall also be entitled \V recover its attorney's fees and costs in any action against [JEVEL{JPER'm surety onthe bonds provided under paragraph 3. 14. The foregoing Recitals are true and correct and are made a part hereof. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate st Dublin, California, the day and year first above written. CITY OF DUBLIN By: City Manager ATTEST: City Clerk DEVELOPER Pulte Home Corporation B y.- Authorized Representative 196D4-040 Revised 0212712015 BOND ESTIMATE WALLIS RANCH - NEIGHBORHOOD 4 IMPROVEMENT PLANS City of Dublin ITEM QUANTITY UNIT DESCRIPTION UNIT PRICE AMOUNT A. STREETWORK 2, 1,350 LF Standard Curb and Gutter (catch) 1. 58,122 SF Finish grading street 0.40 S 23,250 2, 59,620 SF Finish grading alley 0.40 S 23,850 3, 45,965 SF Pavement Section (3"AC / 12"AB) street 3.50 S 160,880 4. 5,050 SF Pavement Section (2.5"AC / 8"AB) alley 3.50 S 17,680 5. 12,157 SF 4" AB under curb, gutter, sidewalk, driveway- street 0.72 S 8,750 61 LUMP SUM Signing & Striping 10,000.00 5 10,000 7. 9,842 LF 4" PVC Gutter sub drain 9.50 S 93,500 8, 2 EA Standard City of Dublin street monuments 300,00 S 600 11. 147 EA Finish lot grading ESTIMATED TOTAL STREET WORK: $ 338,510 A I K61 zM2Ata1ff111;D 1 . 3,210 LF Rolled curb & Gutter 20.00 $ 64,200 2, 1,350 LF Standard Curb and Gutter (catch) 15.00 $ 20,250 3. 3,143 LF Concrete Band 10,00 $ 31,430 4. 2,662 LF Concrete Sidewalk/Paseo 20,00 $ 53,240 5, 19 EA Curb Inlet (street) 4,200.00 $ 79,800 6. 26 EA Curb inlet (alley) 5,000.00 $ 130,000 7, 2 EA Field Inlet 2,000.00 $ 4,000 a. 2,139 LF Curb and gutter (spill) 15.00 $ 32,090 ESTIMATED TOTAL CONCRETE WORK: $ 415,010 C. STORM DRAIN WORK 1. 1,431 LF 18" HDPE Storm drain pipe 45.00 $ 64,400 2. 570 LF 15" HDPE Storm drain pipe 40.00 $ 22,800 3. 3,351 LF 6" HDPE Storm drain pipe 25.00 $ 83,780 4. 8 EA Connect to existing 1,500.00 $ 12,000 ESTIMATED TOTAL STORM DRAIN WORK: $ 182,980 D. ELECTRICALIJOINT TRENCH 1. 10 EA Single arm "Decorative" electrolier including conduit & 3,500.00 $ 35,000 boxes 2. 4,366 LF Joint Trench (length of improvements) 60.00 $ 261,960 ESTIMATED TOTAL ELECTRICAL WORK: $ 296,960 E. GRADING 11. 147 EA Finish lot grading 400.00 $ 58,800 2. 1 LUMP Erosion control 20,000.00 $ 20,000 ESTIMATED TOTAL GRADING WORK: $ 78,800 E. MISCELLANEOUS CONSTRUCTION 1. 1,470 LF 6" irrigation sleeves 12.00 $17,640 2 1 Lump Landscape 19804-040 Revised 0212712015 50,000.00 $50,000 ESTIMATED TOTAL MISC. CONSTRUCTION: $67,640 NOTES 1m604-n40 RevIsed 0212712015 SUMMARY A oTweeTvvoRK $338^510 B CONCRETE WORK 415.010 C STORM DRAIN WORK 182'e80 D ELECTR|CAL/JO>NTTRENCH zmo'000 E onAo|MG 78.800 G MISCELLANEOUS CONSTRUCTION _67,640_ ESTIMATED IMPROVEMENT COST' $1.379.900 CONTINGENCY (10%) $137'990 ENGINEERING FEE (m%) $110,392 TOTAL BOND ESTIMATE: $1.628,282 This estimate |a prepared oma guide only and iu subject ho possible change. It has been prepared to a standard of accuracy which, to the best of our knowledge and judgment, is sufficient to satisfy our understanding of the purposes of this estimate. MacKay &Gompm makes no warranty, either expressed or implied, aatn the accuracy ef this estimate. 2. This estimate does not consider the following: a, Land costs, acquisition of Right of rights of lb. Fees for assessment, lighting: & landscaping, GHAD, Mello Roos districts or the fike. c. Fencing d' Costs associated with trench shoring, e. City fees, f. Phased construction oroutofre0u|armequanoenonmtrucUon. g. Tree preservation systems. h. Landscaping & associated design costs L Financing and overhead charges. j. Costs associated with Endangered Species and Wildlife Conservation, k. Cost associated with Corps of Engineers, Fish and Gamie, Fish and Wildlife and Wetlands |. Costs associated with ovore«covot|nnof unsuitable material, Costs presented herein represent um opinion based on historical information. No provision has been made for Inflation. As noted above this estimate does not include costs associated with dght-of-«uy acquisition or temporary grading/conistruction easements. Prepared by the firm of