HomeMy WebLinkAboutReso 228-04 GleasonDrImprovmts
RESOLUTION NO. 228 - 04
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
* * . * * * * * .
ACCEPTANCE OF IMPROVEMENTS FOR GLEASON DRIVE
BETWEEN TASSAJARA ROAD AND FALLON ROAD,
INCLUDING PORTIONS OF FALLON ROAD AND GRAFTON STREET
WHEREAS, the Un Family and the Sierra Land Development Corporation entered into an
Improvement Agreement on October 7,2003, with the City of Dublin to construct roadway improvements
tor Gleason Drive between Tassajara Road and Fallon Road, including portions of Fal10n Road and
Grafton Street, in accordance with the approved plans; and
WHEREAS, improvements associated with Gleason Drive between Tassajara Road and Fal10n
Road, including portions of Fallon Road and Grafton Street, are complete in accordance with said plans,
and any approved modifications thereto, to the satisfaction of the Director of Public Works; and
WHEREAS, the Un Family has dedicated right-of-way to the City of Dublin for Gleason Drive
and Grafton Street; 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
guarantee the completed work for a one-year period;
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. 553985S) in the amount of $3,487,000.00 be released; and
3. The original Labor and Materials Bond issued by Developers Surety and Indemnity
Company (Bond No. 553985S) in the amount of $3,487,000.00 be released; and
4. The submitted Maintenance Bond issued by Developers Surety and Indemnity Company
(Bond No. 553985S-M) in the amount of $871,750.00 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 December, 2005.
I
PASSED, APPROVED AND ADOPTED this 7th day of December, 2004.
AYES: Councilmembers Hildenbrand, Oravetz, McCormick, Zika and Mayor Lockhart
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
K2/G/12-7'{)4/reso-GIeason Rd Imps (Item 4.4)
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