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HomeMy WebLinkAboutReso 229-04 DubRch G3StormDrain RESOLUTION NO. 229 - 04 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * ACCEPTANCE OF IMPROVEMENTS FOR THE G3 STORM DRAIN LINE DUBLIN RANCH, AREA "C & H" WHEREAS, the Lin Family entered into an Improvement and Maintenance Agreement on October 7, 2003, with the City of Dublin to construct storm drain improvements in Dublin Ranch, Areas "C & H," in accordance with plans entitled, "Improvement Plans Dublin Ranch G3 Box Culvert," prepared by MacKay & Somps, and consisting of28 sheets; and WHEREAS, the improvements associated with the 03 Storm Drain Line 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 the 03 Storm Drain Line and Northside Drive; and WHEREAS, the Lin Family has provided a $280,000 payment to the City of Dublin for maintenance of the 03 Storm Drain Line as required by Section 13 of said Improvement and Maintenance Agreement; 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 Sierra Land Development Corporation has provided a Maintenance Bond to ~,'uarantee the completed work for a one-year period following acceptance; NOW, THEREFORE, BE IT RESOLVED that: I , 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 Developers Surety and Indemnity Company (Bond No, 866616S) in the amount of $5,78 I ,000,00 be released; and 3, The original Labor and Materials Bond issued by Developers Surety and Indemnity Company (Bond No. 866616S) in the amount of$5,781,000,OO be released; and 4. The submitted Maintenance Bond issued by Developers Surety and Indemnity Company (Bond No, 866616S-M) in the amount of $1,445,250,00 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and tenninate on the 7th day of December, 2005, 1 PASSED, APPROVED AND ADOPTED this 7th day of December, 2004, YES: Councilmembers Hildenbrand, Oravetz, McCormick, Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: 'Lc/L- K"/G/12-7-04/reso-G3-box-culvert (Item 4,5) G:\DEVEWl'IDublin RanchIINFRASTRUçnJRE\G3 Box Culv<rt1Reoo aq>t Unpo ,due 2