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HomeMy WebLinkAbout4.02 Replacement of Developer Tract 4978 600-&0 CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date:' March 27, 1989 SUBJECT: Tract 4978: Replacement of Developer (Report by: Public Works Director Lee Thompson) EXHIBITS ATTACHED: 1) Resolution 2) Tract Developer Contract 3) Copy of Escrow Instructions 4) Location Map RECOMMENDATION:TOVMayor dopt Resolution Approving New Developer and authorize to execute agreement. FINANCIAL STATEMENT: None. DESCRIPTION: In May of 1984, the City of Dublin approved the Final Map for Tract 4978, a five-lot subdivision on Dougherty Road. The original developer was James H. Geldermann, et. al. No improvements were constructed within the Tract. The interest in this Tract has transferred to B.J. Dublin Commercial, who has provided a new letter of credit (deposited into escrow) in the required amount and signed a new developer agreement. Upon acceptance by the City Council, the original letter of credit and the original developer agreement may be released. As indicated in the attached escrow instructions, the City is to deposit the original Diablo Bank letter of credit, resolution releasing the Geldermann estate's contract, and the executed agreement with BJ Dublin Commercial. B.J. Dublin Commercial plans to eventually file a new Map (Tract 5900) over the Map for Tract 4978; however, they have agreed to take over Tract 4988 at this time in order to relieve the previous Developer of further obligation. Staff recommends that the City Council adopt the Resolution Approving New Developer and authorize the Mayor to execute the agreement. ---------------------------------------------------------------------------- ITEM NO. COPIES TO: B.J. Dublin Commercial RESOLUTION NO. -89 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN --------------------------------------------- APPROVING REPLACEMENT OF SUBDIVISION AGREEMENT AND SECURITIES, TRACT 4978 WHEREAS, the Final Map of Tract 4978 in the incorporated territory of the City of Dublin, State of California, has been presented to and approved by the City Council, all in accordance with the provisions of the Subdivision Map Act of the State of California and the Ordinance Code of the County of Alameda, as adopted by the City of Dublin; and WHEREAS, the original Developer, James H. Geldermann, et. al. , has executed and filed with this City Council a contract to improve Tract 4978 together with attendant securities in accordance with the Final Map of said Tract 4978, the Tract Improvement Plans and specifications attached thereto; and WHEREAS, B. J. Dublin Commercial, Inc.., has purchased the project and will become the new Developer; and WHEREAS, this new Developer has executed and filed with this City Council a contract to construct and maintain Tract 4978 in accordance with the Final Map of said Tract 4978, the Tract Improvement Plans, and the __- Specifications attached thereto; and WHEREAS, said contract is secured by a Letter of Credit in the amount of $690,000; NOW, THEREFORE, BE IT RESOLVED that the contract and security be and they are hereby approved, and the Mayor of this Council be, and is authorized and directed to execute said Contract on behalf of the City of Dublin. BE IT FURTHER RESOLVED that the City deposit into escrow the original Diablo Bank letter of credit, executed tract developer agreement with BJ Dublin Commercial, and this resolution terminating the Geldermann tract developer agreement. PASSED, APPROVED, AND ADOPTED this 27th', day of March, 1989. AYES: i NOES: i ABSENT: Mayor ATTEST: 91 Aids& In X t City Clerk ' CITY OF DUBLIN TRACT DEVELOPER AGREEMENT This agreement is made and entered into this day of 1989, by and between the City of Dublin, a municipal corporation, hereinafter referred to as "CITY" , and B.J. Dublin Commercial, Inc. , a California limited partnership, hereinafter referred to as "DEVELOPER" . This contract is in- place of and supersedes the Tract Developer Agreement for Tract 4978 dated May 10, 1984 between City and James H. Geldermann, et. al. W I T N E S S E T H WHEREAS, it has been determined by the City Council of the City of Dublin, State of California, that DEVELOPER, as a subdivider, desires to improve and dedicate Tract 4978 in accordance with the requirements and conditions set forth within the Alameda County Planning Commission Resolution No. 81-46 adopted on December 4, 1981; the requirements of the Subdivision Map Act of the State of California and the Subdivision Ordinance of the City of Dublin; and those certain plans and specifications for said development approved by said City Council, and now on file in the office of the Public Works Director/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 herein; and WHEREAS, Developer intends to satisfactorily complete the required improvement within the time hereinafter specified, and City intends to accept Developers' offer(s) of dedication of said improvement(s) in consideration for Developer's satisfactory performance of the terms and conditions of this Agreement: NOW, THEREFORE, in consideration of the mutual promises, conditions and covenants herein contained, the parties agree as follows: 1. Completion Time. Developer will commence the work required by this Agreement as soon as practicable, and shall complete said work not later than three hundred sixty-five (365) days following said date of execution, time being of the essence hereof. Upon completion, Developer shall furnish City with a complete and reproducible set of final as-built plans, including any authorized modifications. i 2. Bonds Furnished. Concurrently with the execution of this Agreement, Developer shall furnish City with a Faithful Performance Bond and a Labor and Materials Bond. Each bond shall be in a form prescribed by City, and shall be issued by a company duly and legally licensed to conduct a general surety business in the State of California. Each bond shall become a part of this Agreement. I a. Faithful Performance Bond. Developer shall furnish City with a bond conditioned upon the faithful performance of this Agreement, said bond to be in the penal sum of $460,000. b. Labor and Materials Bond. Developer shall furnish City with a bond conditioned upon payment of all claims for labor and materials used or consumed in the performance of this Agreement. Said bond shall comply with the laws of the State of California, and with Title 15, Part 4, Division '3 of the Civil Code of the State of California (commencing with Section 3082) . Said bond shall be in the penal sum of $230,000. Ex F1 U I -1- In lieu of the required bonds, Developer may furnish to City a letter of credit in the amount of $690,000 and in a form acceptable to City. 3. Insurance Required. Concurrently with the execution of this Agreement, Developer shall furnish City with evidence of insurance coverage as specified below. a. Worker's Compensation Insurance. Statutory coverage as required to cover the full liability of Developer in accordance with the provisions of Division IV of the Labor Code of the State of California, and an employer's liability insurance coverage with a limit of not less than $100,000 per occurrence to cover any claims arising from employment not .covered by worker's compensation laws. b. Comprehensive General Liability Insurance. Minimum limits of liability shall not be less than $1,000,000 per occurrence combined single limit bodily injury and property damage coverage; any deductible provision shall not exceed $10,000 per claim, and each and every policy must contain a cross liability or severability of interests clause. C. Comprehensive Automobile Liability Insurance. Minimum limits of liability shall be not less than $1,000,000 per occurrence combined single limit bodily injury and property damage coverage; coverage shall include owned, non- owned, and hired vehicles, and each and every policy must contain a cross liability of severability of interests clause. d. Other Requirements. , All insurance policies shall be issued by a company legally licensed to transact business in the State of California, shall be issued at Developer's own cost and expense, shall be maintained by Developer in full force and effect during the life of this contract, and must have an "A.M. BEST` rating of B+, X or better. All certificates of insurance shall name the City and its officers, agents - and employees as additional insureds, shall contain a provision that a written notice of cancellation or reduction in coverage shall be furnished the City (10) ten days in advance of the effective date thereof, and shall state that such coverage is primary to any other coverage of City. 4. Work Performance and Guarantee. Developer shall secure the services of those skilled in the trade, profession, or calling necessary to perform the work to be accomplished under the terms of this contract, and shall guarantee and maintain the work for a period of one (1) year following the completion and acceptance thereof against any defective workmanship or defective materials furnished in the performance of this Agreement, and any acceptance of the work by City will not operate as a release to Developer or Developer's bondsmen from the aforesaid guarantee. S. Inspection of the Work. Developer shall guarantee free access to City through its Public Works Director/City Engineer and his designated representative for the safe and convenience inspection of the work throughout its construction. Said City representative shall have the authority to reject all materials and workmanship which are not in accordance with the plans and specifications, and all such materials and/or work shall be removed promptly by Developer and replaced to the satisfaction of City without any expense to City in strict accordance with the improvement plans and specifications. 6. Agreement_ Ass, g une t.,_ ._This- Ags:eem(;knt, shall l,not _be:_assipnp - D.evaia es. without the written consent of City. -2- 7. ' Abandonment of Work. If the work to be done under this Agreement is abandoned, or if this Agreement is assigned by Developer without written consent of City, or if City through its City Engineer determines that the said work or any part thereof is being unnecessarily or unreasonably delayed or that Developer is willfully violating any of the conditions or covenants of this Agreement or is executing this Agreement in bad faith, the City shall have the authority to order Developer to discontinue all work or any part thereof under this Agreement, and Developer shall cease to continue the work or such part thereof as City maydesignate, and City shall thereupon have the power to, obtain by Agreement, purchase, rental or otherwise, all labor, equipment, and materials deemed necessary to complete the work and to use such materials as may be found upon the line of such work. Developer and his sureties or the issuer of the letter of credit shall be liable for all expenses incurred by City for the acquisition and use of such labor, equipment, and materials. 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 at the sole and exclusive risk of Developer. The issuance of any building or occupancy permit by City for dwellings located within the tract shall not be construed in any manner to constitute a partial or final acceptance or approval of any or all such improvements by City. Developer agrees that City'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. 9. Safety Devices. Developer shall provide and maintain such guards, watchmen, fences, barriers, regulatory signs, warning lights, and other safety devices adjacent to and on the tract site as may be necessary to prevent accidents to the public and damage to 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 to be performed under this Agreement, all fences, barriers, regulatory signs, warning lights, and other safety devices (except such safety items as may be shown 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 all tract work and the delivery of a set of final as-built plans to City by Developers, City, through its City Engineer or his designated representative, shall examine the tract work without delay, and, if found to be in accordance with said plans and specifications and this Agreement, shall accept the work and notify Developer or his designated agents of such acceptance. 11. Patent and Copyright Costs. In the event that said plans and specifications require the use of any material, process or publication which is subject to a duly registered patent or copyright, Developer shall be liable for, and shall indemnify City from, any fees, costs or litigation expenses, including attorneys' fees and court costs, which may result from the use of said patented or copyrighted material, process of 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 or .bonds, 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 2819 of the Civil Code of the State of California. This paragraph shall apply to the issuer of any letter of credit. -3- 13. Liability. a. Developer Primarily Liable.- Developer shall be responsible for any , and all loss, accident, neglect, injury or damage to person, life or property which may be the result of or may be caused by construction, operations, or execution of this Agreement, and for which City might be held liable. Developer shall protect and indemnify the City of Dublin, the City Council, the City Engineer and/or any officer, agent or employee of the City, and save them harmless in every way from all suits or actions at law for damage or injury to persons, life or property that may arise or be occasioned in any way because of construction operations or execution of this Agreement. b. Design Defect. If, in the opinion of the City, a design defect in 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 or the issuer of the letter of credit shall be liable to the City for the corrective work required. c. Litigation Expenses. In the event that legal action is ,instituted by either party to this Agreement, and said action seeks damages for breach of this Agreement or seeks to specifically enforce the terms of this Agreement,. and, in the event judgment is entered in said action, the prevailing party shall be entitled to recover its attorneys' fees and court costs. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate at Dublin, California, the day and year first above written. CITY OF DUBLIN By Mayor ATTEST: City Clerk DEVELOPER: BJ Dublin Commercial, a California limited partnership By H & M Investments, Inc. , its General Partner By C- J n P Moore, President -4- Modification to Joint'Escrow Instructions The undersigned parties have agreed to the following Modification to Joint Escrow Instructions. The intent of these instructions are to change the documents required to be deposited by the City of Dublin and BJ Dublin Commercial in order that Escrow Holder may proceed and close the escrow prior to hearing on BJ Dublin Commercial's Final Map 5900. 1. City of Dublin to deposit: a. Original Diablo Bank Letter of Credit #1155 dated May 29, 1984. b. Copy of Resolution terminating of Tract D,eveloper Contract (with Geldermann) dated May 10, 1984. c. Executed Tract Developer Contract between City and BJ Dublin Commercial. FOR TRACT 4978.?U/ 2. BJ Dublin Commercial to deposit: a. Such security and certificates of insurance and other documents required by Tract Developer Contract with City-of Dublin (i.e. Letter of Credit or Performance Bonds,etc.). FOR TRACT 4978. Once all of the above listed documents have been received in addition to those already deposited by Estate of Geldermann and Security Pacific National Bank, Escrow Holder is instructed to do the following: 1. Mark the Diablo Bank Letter of Credit "Cancelled" and return to Security Pacific Bank. 2. Mark the Promissory Note dated June 28, 1984 "Cancelled" and return to the Estate of Geldermann. 3. Deliver a copy of the City of Dublin Resolution terminating the Tract Developer Contract dated May 10, 1984 to the Estate of Geldermann. 4. Record the Deed of Reconveyance for the Deed of Trust dated June 28, 1984. 5:-Record7-the-Quit-Glaim+,Deeds44-,oiivAhe.Estate-afr•Geldermann Commercial. Ma. �y +cy� ,F° r yt 3ryP. m--"` 4,.. { d ( Y,,r,"�n��� ..r >.2. YN 1�. :u(". 4�`:r. �'r q v! Y ! Y ' ''' r/x � �t" �'•,4'r �}'r.l rr'Pf''.tp J,i y� 4r '.+,°-3� M3 t ,�. ♦ ;1���� w '� ` l� ` � }.- -rC ��.at�.. ./.-t+TrF r vI -r � 3 't .� + a ''tY a At 7 f... i f r J r6'- +^ r ✓vr4 'AZi�1.. S�i , T r•",% t`. w{fir" 1 t' f J ..... ,« s �s s ! f..3 J ;+;�. � _ r 7..,3,E c;.:a.� 6 Deliver the Secunty,"certificates of insurance and other documents provided by BJ Dublin Commercial pursuant to its Tract Developer Contract to'City of Dublin by 'r This modification of instructions shall be signed in counterpart and shall, together with the previously executed joint escrow instructions, represent one set of instructions. This modification shall be controlling in the event of any inconsistency between this modification and the previously executed joint escrow instructions. _ BJ Dublin Commercial Dated: a California Limited Partnership by:H&M Investments, Inc. a California corporation By: John P. Moore Its: President Its: General Partner City of Dublin Dated By• ��-- its: (2 z Estate of Gelderman Dated: By: Its: By: Its: Security Pacific Bank Dated: By: Its: I SI RF?A LN s:I R R A !N n I I E i I CITY i OFFICES \