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HomeMy WebLinkAboutReso 171-04 DubRchStrmLineC&D RESOLUTION NO. 171·- 04 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR STORM DRAIN LINE "C" AND "D" IN DUBLIN RANCH, AREAS C AND H WHEREAS. the Lin Family entered into an Improvement Agreement on May 4, 2004 with the City of Dublin to construct storm drain improvements in Dublin Ranch. Area "H', in accordance with the plans entitled. Dublin Ranch Area C & H-Phase 2 Grading and Storm Drain Lines C & D Improvements, prepared by MacKay & Somps. approved by the Director of Public Works on May 12. 2004, and consisting of 13 sheets; and WHEREAS, improvements associated with Storm Drain Lines "c" and "D" in Dublin Ranch Areas C and H are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the Director of Public Works; and WHEREAS, the Lin Family has executed Easement Grant Deeds to the City of Dublin for Storm Drain Lines "c" and "D"; and WHEREAS, the Performance Bond, and the Labor and Materials Bond can be released. in accordance with the authority contained in §66499. 7 of the Government Code of the State of California, and replaced with a Maintenance Bond to guarantee the completed work for a one~year period following acceptance; and WHEREAS, the Lin Family has provided a Maintenance Bond to guarantee the completed work for a one~year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements completed with said project are hereby approved and accepted subject to a one~year guarantee period; and 2. The original Performance Bond issued by Insco Insurance Services, Inc., (Bond No. 867550S) in the amount of$1,255,000.00 be released; and 3. The original Labor and Materials Bond issued by Insco Insurance Services. Inc., (Bond No. 867550S) in the amount of$1.255,000.00 be released; and 4. The submitted Maintenance Bond issued by Insco Insurance Services, Inc.. (Bond No. 867550S~M) in the amount of $313,750.00 be accepted as security for the aforesaid one- year maintenance period, said period to commence on this date and terminate on the 7th day of September 2005. 1 PASSED, APPROVED AND ADOPTED this 7th day of September 2004. YES: Councilmembers Oravetz, McCormick, Sbranti, Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: K2/G/9-7"()4/reso-stonndrainDR (Item 4.6) G:\DEVELOP\Dublin Rancb\INFRASTRUCTIJRE\Area H Grading & SD Line B\Reso acpt imps 120203.doc 2