HomeMy WebLinkAboutReso 229-04 DubRch G3StormDrain
RESOLUTION NO. 229 - 04
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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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,
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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)
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