HomeMy WebLinkAboutReso 42-16 Positano Fallon Vlg Tr 8108 RESOLUTION NO. 42 - 16
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ACCEPTING THE TRACT IMPROVEMENTS
AND APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES
FOR TRACT 8108, NEIGHBORHOOD E-1, POSITANO/FALLON VILLAGE
WHEREAS, D.R. Horton BAY, Inc., the developer of Tract 8108, previously entered into a
Tract Improvement Agreement, dated December 18, 2012, City Council Resolution No. 206-12, with
the City of Dublin, to complete improvements associated with Tract 8108, in accordance with plans
on file with the City Engineer; and
WHEREAS, the developer provided Faithful Performance and Labor and Materials Bonds,
each in the amount of $1,184,285.00 (Bond Nos. CMS262790), issued by Willis Florida to guarantee
said Tract 8108 improvements; and
WHEREAS, the Tract 8108 improvements are now complete in accordance with said plans,
and any approved modifications thereto, to the satisfaction of the City Engineer; and
WHEREAS, certain traffic regulatory devices have been installed as part of the Tract 8108
improvements; 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 a Warranty Bond to guarantee the completed work for a one-year
period; and
WHEREAS, D.R. Horton BAY, Inc. has provided a Warranty Bond in the amount of
$1,184,285.00 issued by RLI Insurance Company (Bond No. CMS290355) to guarantee the
improvements for a one-year period.
NOW, THEREFORE, BE IT RESOLVED that:
1. The tract improvements for Tract 8108 are hereby approved and accepted, subject to a
one-year guarantee period.
2. The submitted Warranty Bond issued by RLI Insurance Company (Bond No.
CMS290355) in the amount of $1,184,285.00 for the Tract 8108 Improvements, be
accepted as security for the aforesaid one-year warranty period, said period to
commence on this date and terminate on the 5th day of April, 2017.
3. The original Faithful Performance Bond issued by Willis Florida (Bond No. CMS262790)
in the amount of$1,184,285.00 for the Tract 8108 Improvements be released.
4. The original Labor and Materials Bond issued by Willis Florida (Bond No. CMS262790)
in the amount of $1,184,285.00 for the Tract 8108 Improvements be released in
accordance with the requirements of §66499.7 of the Government Code of the State of
California.
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5. The traffic regulatory devices installed by the developer within the development are
hereby included in the City of Dublin Traffic Code, said regulatory devices to include the
following:
A. "STOP" signs, markings and crosswalks installed at the following intersections:
• Travertino Street at the intersection of Tramonti Drive
• Travertino Street at the intersection of South Terracina Drive
• Vasari Street at the intersection of Tramonti Drive
• Vasari Street at the intersection of South Terracina Drive
• Tramonti Drive at the intersection of South Terracina Drive
• South Terracina Drive at the intersection of Tramonti Drive
• North Terracina Drive at the intersection of Tramonti Drive
• North Terracina Drive at the Intersection of Volterra Drive
• Porcellano Way at the intersection of North Terracina Drive
• Porcellano Way at the intersection of Volterra Drive
• Volterra Drive at the intersection of North Terracina Drive
• Campanille Court at the intersection of North Terracina Drive
• Viento Court at the intersection of North Terracina Drive
• Calcagno Court at the intersection of North Terracina Drive
B. "STOP" signs and markings installed at the following intersections:
• Volterra Court at the intersection of North Terracina Drive
C. "25 MPH" sign at the following locations:
• South side of North Terracina Drive near the intersection of Volterra Drive
• South side of Porcellano Way near the intersection of Volterra Drive
• South side of Tramonti Drive near the intersection of Croak Road
• South side of South Terracina Drive near the intersection of Croak Road
PASSED, APPROVED AND ADOPTED this 5th day of April, 2016, by the following vote:
AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert
NOES: None
ABSENT: None
ABSTAIN: None
111(j/ r)1
ay
ATTEST:
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City Clerk
Reso 42-16,Adopted 4-5-16, Item 4.4 Page 2 of 2