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HomeMy WebLinkAboutReso 60-04 GHC ImprovAgmt RESOLUTION NO. 60 - 04 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING IMPROVEMENT AGREEMENTS FOR THE TASSAJARA CREEK NORTH (SOMERSET LANE) AND TASSAJARA CREEK SOUTH (MAYMONT LANE) BRIDGES ASSOCIATED WlTH TRACT 7414, TASSAJARA CREEK PHASE 3 (GHC ROXBURY, LLC, A DELAWARE LIMITED LIABILITY) WHEREAS, the City of Dublin Planning Commission adopted Resolution No. 03-51 on October 28, 2003, which approved the Vesting Tentative Map and Site Development Review for the Tassajara Creek Phase 3 project (P.A. 02-048); and WHEREAS, Condition of Approval No. 34 of Planning Commission Resolution No. 03-51 requires the applicant to construct two vehicle bridges over Tassajara Creek, one at Somerset Lane termed the Tassajara Creek North Bridge, and one at Maymont Lane termed the Tassajara Creek South Bridge, to serve the future subdivision; and WHEREAS, Roxbury, LLC, has now executed and filed with the City of Dublin two separate Improvement Agreements to construct said Tassajara Creek North Bridge and Tassajara Creek South Bridge in accordance with improvement plans and specifications approved by Staff, with completion required on or before April 20, 2006; and WHEREAS, said Improvement Agreement for the Tassajara Creek North Bridge (Somerset Lane) is secured by bonds each in the amount of $1,104,600.00 (Bond Nos. 869104S) issued by Insco Insurance Services, Inc., conditioned upon faithful performance and upon payment for labor or materials furnished under the terms of said Agreement; and WHEREAS, said Improvement Agreement for Tassajara Creek South Bridge (Maymont Lane) is secured by bonds each in the amount of $719,100.00 (Bond Nos. 869105S) issued by Insco Insurance Services, Inc., conditioned upon faithful performance and upon payment for labor performed or material furnished under the terms of said Agreement. NOW, THEREFORE, BE IT RESOLVED that said Agreements and bonds are hereby approved, and the Mayor is hereby authorized by the City Council to execute the Improvement Agreements. PASSED, APPROVED AND ADOPTED this 20th day of April, 2004. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None -- ~_it~Elerk ~ K2/G/4-30-04/reso-tract7414-roxbury.doc (Item 4.2)