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HomeMy WebLinkAbout4.3 Accept Improvements Stagecoach Rd CITY OF DUBLIN `�0 AGENDA STATEMENT City Council Meeting Date: August 25, 1986 SUBJECT: Acceptance of Improvements Stagecoach Road, Tract 4719 EXHIBITS ATTACHED: 1) Resolution 2) Location Map RECOMMENDATION: Adopt Resolution to accept the work completed on Stagecoach Road. 2) Authorize Staff to accept maintenance bond at a future date. FINANCIAL STATEMENT: A maintenance bond in the amount of $254,287 to guarantee against defects will be provided to the City. There will be no immediate maintenance costs other than street lights and sweeping. DESCRIPTION: All improvements in the public right-of-way on Stagecoach Road between the City limit and Amador Valley Blvd. have been installed. These improvements include curb, gutter, storm drain, electroliers, and road. City Staff has inspected the improvements and found them to be in accordance with approved plans and specifications. At the time the City- and the. subdivider executed the contract for the__ Tract improvements, the subdivider was required to provide a performance bond in the amount of $1,017,149 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 will provide a new maintenance bond in the amount of $254,287, which is 250 of the original bond required, and which is sufficient to cover the one-year maintenance guarantee period, at a future date. --------------------------------=------------------------------------------- ITEM NO. m COPIES T0: Rafanelli & Nahas RESOLUTION NO. -86 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN FOR THE ACCEPTANCE OF IMPROVEMENTS, STAGECOACH ROAD, TRACT 4719 WHEREAS, _the owner-subdivider. of.the aforesaid road previously entered into a contract with the City of Dublin to improve said road in accordance with plans and specifications on file with the City Engineer, said road identified as follows: a) Subdivider: Rafanelli and Nahas b) Road Location: From Dublin City Limit, southerly to Amador Valley Blvd. c) Road Length: 4,400 feet ( .85 mile) d) Resolution Approving Final Map: No. 70-83, City Council of Dublin WHEREAS, said improvements have been completed in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City of Dublin; 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 improvements are now completed, the original performance bond security requirement can be reduced, in accordance with the authority contained in Section 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; and 2. The aforesaid original performance bond security requirement be reduced from the amount of $1,017,149 to a revised security requirement in the amount of $254,287 upon acceptance by Staff of the replacement maintenance bond in the said amount of $254,287 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 on behalf of the said City of Dublin; and 3. The said original performance bond in the amount of $1,017,149 posted in connection with the work involved in the construction of said Tract be hereby released upon acceptance of said maintenance bond. PASSED, APPROVED, AND ADOPTED this 25th day of August, 1986. AYES: NOES: ABSENT: Mayor ATTEST: City Clerk �, � \';c't, � .% ` 111 1..�.•) ,i,.1.'-',T. It — �-P. I _L - 1J — f 'rte �, ;..�}i= '''...c•.•..•-:.�. ;: LULLUILLU �Q:•. �J;,,'• + 1 ,C _ _ i �� r \ ate•'♦ \ V u ..i�. .. '• ,d., _i : .. 1 .'' - �k yr• ' 1. 3 •, •. . / fQj r �' \`\ �''� fir"+ %; \\♦\ti `"1 •' e 1 ifs Ile N�•,, }. '•�i IV T i J